Supply Chain Shaman

DECEMBER 13, 2021

How do we design work systems to align organizations and ensure that there is the right balance of reward systems with metrics? Is there a need to redesign metrics to move from a functional and traditional function to drive goal alignment? In the design of the digital program, spend time on metrics and reward systems.

Cost Reduction Strategies 382

Cost Reduction Strategies Price Mitigation Strategies Supply Chain Strategy Supply Chain Design Software 382

Supply Chain Shaman

FEBRUARY 18, 2021

Watermelon Metrics Don’t Drive The Right Results. I love the metaphor of watermelon metrics. In most organizations, there is a dashboard of functional metrics that shows all of the functions operating in the “Green” or acceptable levels until it comes to customer service. What are functional metrics?

Supply Chain Planning Software 303

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 303

Supply Chain Shaman

MARCH 5, 2019

Make sure that the data is harmonized to ensure all data has the same time reference. The focus is on functional metrics, but are unable to get to overall supply chain metrics. The reference for supply chain leaders is an airport control tower. Carefully design conrol systems to compare reference data to control theory.)

Supply Chain Design Software 308

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 308

Precoro

MAY 19, 2023

To monitor supply chain performance, stakeholders of successful companies typically define supply chain metrics that are relevant to the given business and track these KPIs regularly. By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Logistics Viewpoints

NOVEMBER 3, 2022

The latter refers to a single variable standard (SVS), by which one metric, such as cases per hour, is expected to tell all. What’s more, because an SVS approach only accounts for one metric at a time, a host of other equally if not more important metrics are bypassed, leaving you largely in the dark. Ad infinitum.

Supply Chain Design Software 264

Supply Chain Design Software Optimization Software System Logistics Network Optimization Software 264

GlobalTranz

JULY 22, 2019

Key performance indicators (KPIs) refer to the targeted goals that rely on metrics to provide a snapshot of the health of your operation. They connect data and metrics with an evaluation of whether your operation performs as expected and what strengths or weaknesses may exist.

Transportation Management 166

Transportation Management Transportation System Metrics 166

Unleashed

MARCH 9, 2021

That’s where Procurement Metrics and Key Performance Indicators (KPIs) come into play. Procurement metrics and KPIs allow organisations to measure results and guide best practice performance. In this post, we’ll unpack ten top procurement metrics and why they matter. Undamaged shipment rate. On-time delivery: all suppliers.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Enchange Supply Chain Consultancy

JULY 3, 2024

Internal Perspective: Performance Monitoring: KPIs and Metrics: Establish key performance indicators (KPIs) to monitor distributor performance. Track metrics such as sales volume, market share, inventory levels, and customer satisfaction. Make sure that you monitor this and measure performance against agreed targets.

Inventory Reduction 263

Inventory Reduction Supply Chain Planning Software Material Savings Price Mitigation Strategies 263

SCMDOJO

SEPTEMBER 8, 2023

This blog explains The Key MRP Metrics in Supply Chain whcih every supply chain professional in Manufacturing or Distribution Businesses. The metrics that underpin MRP could be described as the balls in this juggling act. This article takes an in-depth look at the crucial metrics every supply chain professional needs to know.

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Supply Chain Design Software Metrics 98

GlobalTranz

AUGUST 26, 2021

But there are times when it becomes necessary to outsource the entire process thoroughly, which many refer to as transportation as a service. A collaborative dedicated provider can deliver on critical service metrics and adjust to demand changes, while helping eliminate unfavorable market exposure.”

Logistics Network Optimization Software 283

Logistics Network Optimization Software Transportation Management 3PL Optimization Software 283

Resilinc

MARCH 26, 2025

The Numbers That Matter One metric from the Spend Matters analysis stands out above all others: our 9.0 This metric matters most because it reflects real-world results and relationships, not just technical capabilities. customer satisfaction score.

Supply Chain Risk Management 84

Supply Chain Risk Management Risk Management Supply Chain Software Predictive Analytics Software 84

QAD

JULY 1, 2021

This is not to be confused with the cost of goods manufactured (COGM), which refers to just the cost of inventory that was finished and prepared for the sale in the period. Improving communication between departments and comparing metrics across them. Improving communication between departments and comparing metrics across them.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Cost Reduction Strategies Purchasing Skills 98

Supply Chain Shaman

MARCH 19, 2014

I am hearing it again in my interviews for the book Metrics That Matter. For more on our analysis of resiliency, please refer to our recent report. More encompassing of metrics beyond the growth, inventory and Return on Assets (ROA) metrics used in the Gartner Top 25. We have stubbed our toes. Encompassing.

Gartner 323

Gartner Supply Chain Planning Software Supply Chain Strategy Supply Chain Software 323

ToolsGroup

JUNE 2, 2023

When reference data – such as product codes, supplier information, and warehouse locations – is misaligned across systems, it can cause discrepancies in transactional data, leading to inaccurate inventory levels and unreliable performance metrics. How do they achieve this?

Real-time Visibility 294

Real-time Visibility Manufacturing Procurement Optimal Sourcing Inventory Reduction 294

Silvon Software

JULY 22, 2022

Fortunately, applying metrics to multi-source operational information that’s stored and managed in a data hubs greatly minimizes these issues. Supply chain metrics provide the intelligence needed to make better projections and more informed choices in such a market. Our Top 24 Supply Chain KPIs & Metrics.

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

Supply Chain Shaman

JUNE 6, 2013

Closing the gaps happens when there are aligned metrics, clarity of vision and aligned planning processes. When this happens, based on recent research, the company achieves 50% greater agility and 30% better organizational alignment (reference the improved organizational alignment in figure 3 versus figure 2). Metrics Alignment.

Supply Chain Planning Software 283

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 283

Logistics Viewpoints

JULY 10, 2024

Supply chain resilience refers to planning for things that could go wrong and then creating inventory buffers or contingency plans. A planner could ask the SCP engine to achieve 95% service, with CO2 emissions under a million metric tons at a given factory in the coming month. This would be a three-way tradeoff.

Supply Chain Planning Software 320

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 320

ToolsGroup

JUNE 8, 2021

Note: the same challenges apply for RFP (request for proposal) and RFQ (request for quotation methods, but for simplicity, we’ll just refer to RFI in this article.). 6 Focus on the wrong metric. RFIs also assume the organization is focusing on the right metrics. Seven Ways RFIs Fall Short.

Supply Chain Planning Software 245

Supply Chain Planning Software Forecasting Software Supply Chain Software Optimization Software 245

DELMIA Quintiq

NOVEMBER 6, 2019

As the common linchpin that brings together all manufacturing activities, has this metric improved along with all the investment in new technologies? These benefits are often referred to as “soft,” given the somewhat subjective nature of measurement. As a result, this metric is often downplayed or not referenced in the discussion.

Supply Chain Design Software 235

Supply Chain Design Software Manufacturing Optimization Software Predictive Analytics Software 235

Logistics Viewpoints

NOVEMBER 14, 2022

Many-to-many can also refer to many participants in a network accessing many, many sources of event data critical to supply chain operations through a public cloud network. But, if a company wants to work with a new supplier, and that supplier is in the network, metrics on that carrier also exist.

Agile and Lean Supply Chain 299

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software 299

SCMDOJO

APRIL 11, 2025

Running procurement and supply chain without metrics is like driving blindfolded. On-Time Pick-up (OTP): On Time Pick up (OTP) refers to the percentage of shipments that are picked up by a carrier within the agreed upon time frame. Decoding the Metrics: What Are They Telling You? Ready to gain clarity?

Pricing Training 52

Pricing Training Negotiating Skills Purchasing Skills Optimal Sourcing 52

Unleashed

DECEMBER 15, 2021

Here explain what DSI is, how to use it, and why it’s crucial to track this metric in your business – whether you’re a retailer, manufacturer, wholesaler or distributor. The next figure you need to calculate is COGS, which is a metric that relates to the direct costs of a product that a business sells.

Procurement Analytics 98

Procurement Analytics Inventory Reduction Metrics Inventory 98

Supply Chain Opz

NOVEMBER 12, 2016

Therefore, the challenge to establish ranking method is to find more economical data source and unbiased metric. As you may notice, the search results will always show number of citations or how many times each publication is referred to by other publications.

Supply Chain Planning Software 271

Supply Chain Planning Software Supply Chain Design Software Gartner Supply Chain Strategy 271

Supply Chain Shaman

SEPTEMBER 28, 2022

Navigating through the turmoil is unprecedented: there are no easy reference models to guide behavior. Companies driven by functional metrics struggled: they could not adapt quickly to the higher transportation costs.). Decrease the focus on functional metrics and align to a balanced scorecard. Conclusion.

Manufacturing Procurement 195

Manufacturing Procurement Supply Chain Design Software Network Design Software Supply Chain Planning Software 195

Logility

AUGUST 25, 2020

Every company today runs on data – the key to using your data is choosing the right metrics for visibility into your supply chain. While Key Performance Indicators (KPIs) may be reviewed quarterly or monthly, the speed with which supply chain operations occur makes a daily view of more tactical and operational metrics a growing necessity.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 173

Logistics Bureau

DECEMBER 28, 2024

Climate change, often referred to as Global Warming, is fast becoming a major issue for business, as well as our communities. This means developing supplier evaluation frameworks that include carbon metrics, working together on joint emission reduction projects, and incentivising suppliers to meet or beat carbon targets.

Material Savings 75

Material Savings Resource Reduction Supply Chain Design Software Supply Chain Planning Software 75

Supply Chain Insights

JUNE 1, 2017

What specific policies, processes, and metrics in the supply chain would achieve success in this strategy? Why are we forgetting to define what supply chain excellence means for the company or specific division, especially in terms of business metrics in financial statements, prior to the revamp of processes and policies?

Supply Chain Strategy 161

Supply Chain Strategy Supply Chain Software Price Mitigation Strategies Supply Chain 161

Logistics Bureau

DECEMBER 22, 2024

Well, the chart below illustrates the Level 1 Supply Chain KPIs that I suggested for a company in the past (these are for just one specific industry): For reference: Advantage = the top 20% performers in this sector Parity = the next 30% of organisations Disadvantage = the lower 50% The results in the Blue boxes are a sample company.

KPI 74

KPI Agile and Lean Supply Chain Supply Chain Strategy Supply Chain 74

Logistics Viewpoints

APRIL 6, 2023

Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services. Traditionally what we typically refer to as indirect goods are mostly in Category 4. This approach results in inefficiencies, higher costs, and missed opportunities.

Optimal Sourcing 246

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 246

SCMDOJO

MARCH 24, 2025

Introduction Gardner, (1954) and Huntzinger, (2007) define Purchase price variance (PPV) as a metric used to measure the effectiveness of cost-saving efforts by calculating the difference between the planned cost (standard pricing) allocated for purchasing activities and the actual cost incurred. References Garnder, S. worry no more!

Purchasing Skills 68

Purchasing Skills Negotiating Skills Negotiate Pricing Procurement Analytics 68

Supply Chain Shaman

OCTOBER 5, 2018

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. The orbit chart below illustrates L’Oréal’s performance at the intersection of two metrics.

Case Study 270

Case Study Inventory Reduction Study Agile and Lean Supply Chain 270

Logility

JUNE 26, 2024

When employees only have access to limited metrics and goals, it’s common to end up with departmental clashes and bottlenecks. Tribal knowledge within organizations refers to the cultural knowledge that is often unspoken and undocumented — what casual Friday really means, how much personal talk occurs between team members, and so on.

Supply Chain Planning Software 213

Supply Chain Planning Software Supply Chain Software Supply Chain Optimization Gartner 213

SCMDOJO

FEBRUARY 16, 2025

Agentic AI refers to proactive, self-learning systems capable of making independent decisions, solving problems, and continuously adapting to changing conditions. Analyzes IoT sensor data, weather forecasts, and vehicle performance metrics. However, the next wave of AI innovation is here: autonomous AI agents.

Optimal Sourcing 71

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Sourcing Strategies 71

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Source: IDC, Future Enterprise Resiliency & Spending Survey – Wave 2, April 2023 In a supply chain context, knowledge management applications refer to the use of generative AI to capture, store, organize, and leverage large datasets and insights generated throughout the supply chain processes.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Kinaxis

SEPTEMBER 8, 2014

The issue is that none of their IT investments in the last 10 years have moved the needle on operational metrics such as inventory levels, case fill rates, and other operational metrics. They have piloted the process in Excel and know that they need an enterprise level solution for a global roll-out of S&OP. Their words.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Modeling Software 261

Logistics Viewpoints

JULY 19, 2023

In the survey, APQC used a series of performance metrics, including net promoter score, customer retention rate, perfect order performance, and on-time delivery among others, to identify the top performing companies. Below are the results from the cross-industry report for environmental sustainability.

Sustainability 246

Sustainability Optimal Sourcing Logistics Material Savings 246

Logistics Viewpoints

MARCH 27, 2023

When companies talk about improving their forecasting, they are most often referring to demand forecasting. It is important to benchmark forecast accuracy and similar supply chain metrics against your peers. How much will demand be impacted? All of these things are all but impossible to forecast with any degree of accuracy.

Forecasting 276

Forecasting Forecasting Software Modeling Optimal Sourcing 276