Logility

AUGUST 7, 2017

Ask yourself, “Are your supply chain metrics bogging you down?” ” To manage a supply chain containing complex dependencies between teams, departments and partner companies across international boundaries requires a rich set of metrics. Functionally isolated metrics lead to sub-optimized supply chain performance.

Procurement Analytics 121

Procurement Analytics Metrics Gartner Supply Chain Planning Software 121

QAD

JULY 1, 2021

An Enterprise Resource Planning system is software that can help you manage all of the core supply chain, manufacturing, services, financial and other processes related to your organization. Put simply, ERP software allows you to reduce the use of unnecessary resources without sacrificing quality.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Cost Reduction Strategies Purchasing Skills 98

QAD

MARCH 28, 2019

Inventory accuracy and minimizing stockouts are very important to customer satisfaction, but a few other metrics also impact the ability to meet customer expectations. Companies can use these metrics to help ensure they are doing everything possible to satisfy their customers at a manageable and sustainable cost. Choosing Metrics.

Customer Service 99

Customer Service Metrics Forecasting Forecasting Software 99

Unleashed

JULY 23, 2023

KPIs in manufacturing are quantifiable production metrics used by manufacturers to measure production performance over time. Ways to enhance your order cycle time include: Understanding order profiles Reallocating resources to the areas of greatest activity Reducing travel time Prioritising inventory replenishments 2.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Metrics Inventory Reduction 52

GlobalTranz

JULY 13, 2015

Throughout the supply chain, the use of metrics to track and understand processes provides an invaluable resource for ensuring increased production and customer satisfaction. What Distribution Center Metrics Need Tracking? However, the most important metrics can be categorized into the following eight areas. Cycle Times.

Procurement Analytics 120

Procurement Analytics Metrics Distribution Inventory Reduction 120

ToolsGroup

MAY 21, 2024

Providing Training and Resources : Equip employees with the necessary skills and tools to succeed in a decision-centric environment. Offer ongoing support and resources to help employees adapt and thrive in the new environment. Ensure that every team member understands the “why” behind the change.

Supply Chain Planning Software 156

Supply Chain Planning Software Scenario Planning Supply Chain Planning Resource Reduction 156

Talking Logistics

SEPTEMBER 12, 2017

The four key methods here will help you drive more success as you bring the metrics to life on your warehouse floor: 1. Show the “story” of your metrics with quarterly and yearly growth charts; show how far you’ve come as a team over time. As a leader, you need many tools to eliminate this mindset.

Metrics 107

Metrics Supply Chain Planning Software Supply Chain Software Supply Chain Planning 107

Supply Chain Shaman

APRIL 27, 2022

At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. For the purpose of this article, I will use Return on Invested Capital (ROIC) as the proxy metric to discuss asset utilization.) I never calculated and accounted for the inter-dependencies between metrics.

Procurement Analytics 341

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 341

synchrono

FEBRUARY 13, 2017

When we began our metrics discussion, we talked about how behaviors are too often dictated by metrics—and whether or not these behaviors actually “move the needle” for sustainable supply chain improvements. Mark Davidson’s blog about aligning metrics to larger goals and objectives covers this topic well.

Resource Reduction 63

Resource Reduction Cost Reduction Strategies Metrics Supply Chain Strategy 63

Logistics Viewpoints

MARCH 20, 2024

They see three key impact pillars to achieving sustainability, and they are: decarbonization & energy efficiency, resource efficiency & circularity, and people centricity & societal impact. They are working on combining the real and the digital world as they believe digitalization is a key enabler for sustainability.

Sustainability 284

Sustainability Industrial Industry Resource Reduction 284

synchrono

MARCH 6, 2017

When we look at the organizations of today, words like efficiency and productivity get thrown around with little understanding of what is required to improve one of these measurements (metrics). In figure 1 below, the assumption on the B-D side is: A resource standing idle is a waste. Something is missing. The Efficiency Effect.

Metrics 82

Metrics Waste Reduction Resource Reduction Cost Reduction Strategies 82

Supply Chain Shaman

JULY 25, 2021

The first reason is that it is a bad use of a resource. The focus on Enterprise Resource Planning (ERP) sucked up company resources. The Focus Inside-out Supported by Functional Metrics. Instead, the path requires a redefinition of process, metrics, and capabilities. The reason? A sales person should be selling.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Logistics Viewpoints

JANUARY 31, 2024

As regulations across the globe strengthen, the pressure to collect, report, and organize emission-related metrics has never been higher. Across the globe, requirements for stricter reporting on complex metrics are increasing. If the resources and software are applicable, automate as much of your data collection as possible.

Report 284

Report Data Material Savings Manufacturing Procurement 284

Logistics Viewpoints

NOVEMBER 20, 2024

Manufacturing and resource extraction activities often affect surrounding areas, requiring companies to engage proactively with residents to address concerns and mitigate negative impacts. Comprehensive health benefits further enhance workforce morale and productivity, creating a supportive environment for employees.

Waste Reduction 198

Waste Reduction Sustainability Supply Chain Design Software Resource Reduction 198

synchrono

AUGUST 22, 2016

Modern manufacturers have the ability to connect their software systems and machines; pulling, aggregating and analyzing data from these resources in real-time and making it visible to all. Combat data overload by knowing what you want to achieve and focusing on metrics that align with those goals.

Metrics 40

Metrics Demand Planning Software Modeling Software Analytics Software 40

Logistics Viewpoints

OCTOBER 23, 2024

This integration includes tracking individual components and collecting data on environmental impact, including sustainability metrics such as carbon footprint and recyclability. This helps identify potential challenges and areas for improvement without committing full resources upfront.

Resource Reduction 243

Resource Reduction Vendor Strategies Inventory Reduction Price Mitigation Strategies 243

Supply Chain Shaman

JANUARY 2, 2024

We talk about the move from functional metrics to a balanced scorecard, but we don’t use a balanced scorecard as an objective function. True content takes time and resources. ” As I write, I think about the ironies: We talk about the bullwhip, but we do not measure it or use it in driving optimization.

Gartner 287

Gartner Supply Chain Planning Software Supply Chain Design Software Case Study 287

Logistics Viewpoints

JULY 7, 2022

Resource scarcity. These include: Challenges getting ESG metrics from suppliers, partners, and other third parties. Time-consuming manual processes to report on ESG metrics. Much of the ESG journey is about conserving resources with smart planning and automation—but you can’t do that manually with spreadsheets.

Material Savings 270

Material Savings Waste Reduction Resource Reduction Supply Chain Design Software 270

ToolsGroup

JANUARY 15, 2024

Solutions in the Demand Planning category must produce reliable forecasts by extracting key insights from metrics like inventory trackers, converting raw data into actionable forecasts, supporting automation, and leveraging predictive analysis. Additional Resources: See ToolsGroup’s G2 reviews HERE.

ToolsGroup 177

ToolsGroup Supply Chain Planning Software Supply Chain Software Supply and Demand 177

Supply Chain Shaman

APRIL 18, 2023

For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack. Align the organization and focus resources on building adaptive modeling capability. (I Tougher than most understand. United States Inflation Rates and GDP Inflation is the highest in forty years.

Supply Chain Planning Software 390

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 390

Logistics Viewpoints

FEBRUARY 29, 2024

That’s a drag on time and resources. The race is on to harness AI to achieve quantum leaps in productivity — but success also hinges on investing time, energy and resources in change management. Metrics are critical as well. So what are some of the fundamental characteristics of sound change management?

Supply Chain Planning Software 271

Supply Chain Planning Software Supply Chain Design Software Resource Reduction Analytics Software 271

ToolsGroup

MAY 2, 2024

Solutions in the Demand Planning category must produce reliable forecasts by extracting key insights from metrics like inventory trackers, converting raw data into actionable forecasts, supporting automation and leveraging predictive analysis. See ToolsGroup’s G2 reviews HERE.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply and Demand Supply Chain Software 156

Logility

AUGUST 18, 2023

In addition, resource limitations can further challenge the effective integration of supply chain planning into the broader corporate strategy. In the worst case, this could result in insufficient resources for supporting new markets, tarnishing the company’s reputation, and losing customer trust.

Supply Chain Performance 185

Supply Chain Performance Supply Chain Planning Software Resource Reduction Supply Chain Design Software 185

Logistics Viewpoints

APRIL 21, 2021

What is the Perfect Delivery Metric? Improving on this metric will always involve a focus on people and processes, but often also includes implementing new, more robust, supply chain applications. The wrong metrics drive suboptimal behaviors and metrics can often be manipulated.

Sourcing Strategies 266

Sourcing Strategies How To Supply Chain Design Software Supply Chain Planning Software 266

SCMDOJO

OCTOBER 7, 2024

Cost Efficiency is the process of maximizing the productivity of the business with the lowest possible cost in terms of utilization of available resources. Moreover, the effective utilization of resources helps to achieve demonstrated output. The ad hoc approach frees up resources and time. to the Cost incurred.

Sourcing Strategies 52

Sourcing Strategies Negotiating Skills Cost Reduction Strategies Optimal Sourcing 52

Silvon Software

MARCH 3, 2023

A Few Important KPIs for Tracking S&OP Performance As a long-time provider of business intelligence applications for manufacturing and distribution businesses, Silvon has played a key role in helping our clients define and implement performance metrics that align their S&OP initiatives with their corporate goals. logistics firms).

S&OP 115

S&OP Procurement Analytics Supply and Demand Analytics Software 115

Unleashed

MAY 9, 2024

In the same amount of time, and with the same resources, one factory produces twice as many products. Good manufacturing efficiency refers to the ability of a manufacturing operation to consistently produce high-quality products at optimal levels of productivity while minimising waste and resource consumption.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Resource Reduction Inventory Reduction 52

Silvon Software

JUNE 1, 2023

Ideally, your S&OP KPIs should consist of a mix of strategic, tactical, and operational metrics. At times, finding the right metrics can feel incredibly challenging, and there might be a tendency to measure things for the sake of measurement. These metrics should align with your organization’s objectives and priorities.

S&OP 111

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 111

ToolsGroup

AUGUST 20, 2019

Companies moving to BPO in these practice areas are experiencing supply chain improvements in metrics such as inventory turnover and customer service. An outsourcing vendor can be used at the entity to share best practices, recommend and implement new methodologies, and train resources. Those companies also reduced planning spend.

Supply Chain Planning Software 214

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Software 214

ToolsGroup

AUGUST 3, 2022

These strategic executive hires support rapid company growth, better collaboration, goal clarity, and ongoing improvement in key business metrics while keeping ToolsGroup’s expanding team agile and highly coordinated: Jon Purdy is the new Chief Financial Officer. Joseph Luciano is the new Chief People Officer.

ToolsGroup 156

ToolsGroup Optimal Sourcing Supply Chain Planning Software Supply Chain Software 156

Supply Chain Collaborator

MARCH 22, 2016

The critical metrics managed with YMS for improved resource planning include: Inbound and outbound dock door scheduling. The post Logistics Metrics You Didn’t Know You Should Be Watching appeared first on UltraShipTMS. Tractor and trailer staging and movements on the yard. Asset management/inventory controls.

Metrics 60

Metrics Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Design Software 60

ToolsGroup

MAY 7, 2024

Decision-centric planning allocates resources strategically, ensuring that the right people are engaged at the right time. By soliciting feedback, analyzing performance metrics and adapting strategies accordingly, organizations can drive ongoing success in their supply chain operations.

Supply Chain Planning Software 177

Supply Chain Planning Software Supply Chain Planning Scenario Planning Agile and Lean Supply Chain 177

Supply Chain View from the Field

APRIL 1, 2015

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Step 2 – Develop Metrics and Data Sources.

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

synchrono

JANUARY 31, 2017

LNS Research blogger Mark Davidson said, “When it comes to metrics, it’s often said that what gets measured gets done.”. Mark also writes: “Metrics that have the attention of business and manufacturing leaders tend to be those that get measured and improved upon by their employee teams.”. Metrics for Action.

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 40

TransAudit

DECEMBER 13, 2023

BBB Industries’ sustainable manufacturing processes using recycled materials reduced GHG emissions by 38% compared to virgin resource production. Consider new partnership models like competitors pooling resources for material reprocessing. Volvo’s remanufacturing of auto parts reduced CO2 emissions by 4,800 tons.

Supply Chain Design Software 87

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Optimization 87

QAD

JULY 24, 2024

These priorities are defined in terms of market expansion, new customer acquisition, penetrating new industries, and resource allocation. Each step of the production process requires the support of the company’s financial resources. Balancing these metrics to satisfy both operational and financial objectives is crucial.

S&OP 52

S&OP Supply and Demand Supply Chain Planning Software Optimal Sourcing 52

SCMDOJO

FEBRUARY 29, 2024

The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? Where do I begin?

Vendor Strategies 84

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 84