GlobalTranz

APRIL 25, 2016

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. If cost reduction is not the only thing to measuring supply chain performance, that begs the questions: "Maybe we should be measuring other Supply Chain Management activities and what would they be?". Read more. . Read More. . Read More. .

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

RFgen

NOVEMBER 27, 2024

Combine data from: Enterprise Resource Planning (ERP) systems Transportation Management Systems (TMS) Warehouse Management Systems (WMS) Internet of Things (IoT) sensors Supplier portals Customer relationship management systems (CRM) Performance Metrics and KPIs Performance metrics measure how effective your supply chain is.

Optimal Sourcing 97

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 97

GlobalTranz

APRIL 15, 2020

The post Top 10 Metrics to Track and Manage Risk in the Supply Chain – Part 1 appeared first on Transportation Management Company | Cerasis. Procurement teams continue to struggle with finding available suppliers and shipping capacity to enable supply chain responsiveness. As a.read More.

Metrics 179

Metrics Supply Chain Transportation Management Procurement 179

Kinaxis

AUGUST 29, 2014

Supply Chain Insights recently published a Metrics That Matter report covering both the Semiconductor and Hard Disk Drive (HDD) industries. Semiconductor is poised to consolidate, which will have huge impact on the metrics. by CJ Wehlage. Success, provided they monitor the 7 “elephants” in the room.

Metrics 171

Metrics Supply Chain Planning Software Manufacturing Procurement Thailand 171

Supply Chain Game Changer

NOVEMBER 2, 2022

Supply Chain Risk Management is a Cirque Du Soleil Calibre Act! In fact, 89% of businesses encountered a supplier risk event in the last five years. But not all companies are prepared for this level of risk and complexity. That’s where supply chain risk management software comes in. Subscribe Here!

Supply Chain Planning Software 96

Supply Chain Planning Software Risk Management Supply Chain Software Predictive Analytics Software 96

Supply Chain Shaman

OCTOBER 25, 2013

It is a quest and the subject of my next book, Metrics That Matter , that will publish in September, 2014. Overall, supply chain leaders deliver results that have strength (year-over-year performance improvements), balance (a set of balanced metrics within a portfolio) and resilience (predictable and reliable results with few swings).

Gartner 258

Gartner Supply Chain Strategy Supply Chain Software Supply Chain 258

Supply Chain Shaman

FEBRUARY 18, 2021

While prior risk management disruptions occurred and quickly established a new normal, in the COVID-19 pandemic, the only normal is constant change. Watermelon Metrics Don’t Drive The Right Results. I love the metaphor of watermelon metrics. What are functional metrics? It will not be over soon.

Supply Chain Planning Software 283

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 283

Unleashed

MARCH 9, 2021

Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. This is often managed with the help of supplier management software or inventory management software. That’s where Procurement Metrics and Key Performance Indicators (KPIs) come into play.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Talking Logistics

JUNE 10, 2015

Over the past two years, I’ve written extensively about the growing importance of supply chain risk management and supply chain mapping. See for example: Rethinking Supply Chain Risk Management. Doing Nothing on Supply Chain Risk Management. Many Companies Falling Short on Supply Chain Risk Management.

Supply Chain Risk Management 100

Supply Chain Risk Management Risk Management Supply Chain Software Supply Chain Strategy 100

GlobalTranz

JULY 20, 2015

Importance of Metrics in Reverse Logistics Management. To monitor progress against its reverse logistics management plan, a company needs metrics that measure the financial impact of returns on the firm and on other members of the supply chain. Greater customer service and higher retention levels.

Reverse Logistics 120

Reverse Logistics Supply Chain Planning Software Supply Chain Network Software Optimization Software 120

Logistics Viewpoints

JANUARY 17, 2022

The Rule of 40 was popularized by venture capitalists in recent years as a key performance metric for SaaS firms. The metric captures the trade-off between short-term viability and the investment in growth. on this metric. For Coupa, a key success measure they share with investors is the growth in spend under management.

Logistics Network Optimization Software 282

Logistics Network Optimization Software Modeling Software Optimization Software Supply Chain Software 282

Supply Chain Shaman

JUNE 30, 2018

Companies with the lower score on the Index are driving faster rates of metrics improvement. Energizer and Unilever are driving the fastest rates of improvement and Clorox and P&G improvement rates are the slowest on the Metrics That Matter of Growth, Operating Margin, Inventory Turns, and Return on Invested Capital (ROIC)).

Supply Chain Design Software 162

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 162

Supply Chain Shaman

JUNE 5, 2013

Recognition of constraints and the management of floating bottlenecks. Management and planning of the entire network against a value network strategy. Integration of corporate social responsibility metrics in planning. There is a lack of clarity on what drives value and metrics are functional. Supply Chain Design.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain Design Software 223

Kinaxis

SEPTEMBER 16, 2014

While there was always passionate discussions on companies and metrics, the end goal was to raise awareness of supply chain as a practice. We believe it is the supply chain leader’s role to build and manage supply chain performance to drive year-over-year improvements which are balanced, strong and resilient. So, drum roll please….

Supply Chain Planning Software 279

Supply Chain Planning Software Gartner Supply Chain Design Software Agile and Lean Supply Chain 279

Talking Logistics

JANUARY 5, 2014

Simply put, many companies are still falling short on supply chain risk management , and they continue to pay the price. The good news is that leading practices in supply chain risk management are well documented in various books and publications , and new software applications are emerging to help companies manage this process.

Logistics Network Optimization Software 196

Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy Cost Reduction Strategies 196

Supply Chain Shaman

JUNE 16, 2014

I have learned that supply chain systems are more complex than I originally thought, and that the relationships between supply chain metrics are nonlinear. I would infuse it into S&OP, risk management, and supplier development. After three years of research, I have just refined the methodology to start to pull the trends.

Supply Chain Design Software 286

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 286

SCMDOJO

JANUARY 9, 2025

Enhancing Competitive Advantage Strategic sourcing creates a sustainable competitive edge by combining cost savings, risk management, and supplier innovation. Predictive Risk Management Smart solutions equipped with predictive analytics can help foresee potential riskssuch as supplier insolvency or geopolitical eventsbefore they occur.

Optimal Sourcing 98

Optimal Sourcing Manufacturing Procurement Procurement Solutions Negotiating Skills 98

My Office Apps

OCTOBER 21, 2024

This ensures that you have complete visibility into where products are coming from and going to, enabling smoother logistics and more effective supply chain management. Kechie ERP with VRM capability helps you monitor metrics like delivery times, product quality, and order consistency.

Vendor Strategies 98

Vendor Strategies Procurement Solutions Supply Chain Planning Software Optimization Software 98

Supply Chain Opz

JULY 7, 2013

Do you feel supply chain risk management is too complicated to implement? There are so many sophisticated methods to analyze supply chain risks. However, the logic Cisco uses to manage the disruption is very robust and details are summarized into the infographic below, Note: metrics data is for illustrative purpose.

Supply Chain Disruption 170

Supply Chain Disruption Supply Chain Strategy Manufacturing Procurement Supply Chain 170

Supply Chain Shaman

MARCH 18, 2018

Snow fell last night as I worked on my last Supply Chain Metrics That Matter report. The concept of the Effective Frontier is that best in class companies align functional metrics to balance growth, cost, inventory and Return on Invested Capital (ROIC) performance while balancing customer service metrics. The Effective Frontier.

Optimal Sourcing 172

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Optimization 172

Supply Chain Shaman

MARCH 9, 2020

I settled on a title on helping the supply chain planner to be more successful in completing work during this cycle of risk management, but the advice is designed to make organizations more successful with planning over the long-run. We are living in the middle of a risk management supply chain case study.

Supply Chain Design Software 308

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 308

Kinaxis

DECEMBER 12, 2014

Reason #5 Not having a supply chain risk management process. Reason #6 Not effectively managing inventory. Reason #9 Relentless pursuit of one supply chain metric at the expense of other metrics. Reason #7 Making decisions based on bad data (supply chain data accuracy).

Supply Chain Planning Software 240

Supply Chain Planning Software Supply Chain Planning Price Mitigation Strategies Training 240

SCMDOJO

OCTOBER 28, 2024

Review Supplier Performance Performance Measurement: S&OP provides a framework for tracking supplier performance against agreed-upon metrics, such as delivery time, quality, and cost. Risk Management: By understanding potential risks, procurement can develop contingency plans to ensure a continuous supply of materials.

S&OP 97

S&OP Optimal Sourcing Supply and Demand Material Savings 97

Supply Chain Insights

JUNE 1, 2017

The importance of supplier development and risk management, along with corporate social responsibility and governance are emphasized. What specific policies, processes, and metrics in the supply chain would achieve success in this strategy? What supply chain strategy aligns with that business strategy?

Supply Chain Strategy 161

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

ToolsGroup

MAY 7, 2024

Risk Management : Decision-centric planning places a strong emphasis on risk management. 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 Shaman

AUGUST 11, 2015

Historically, the risk management focus was to reduce insurance costs. Global supply chain leaders understand that designing and implementing a robust risk management practices are essential and fundamental to running the business. What is Risk Management? Today, it needs to be much, much more.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 150

SCMDOJO

FEBRUARY 16, 2025

Transmetrics Transmetrics focuses on predictive maintenance and fleet management, reducing downtime and operational costs for logistics companies. Analyzes IoT sensor data, weather forecasts, and vehicle performance metrics. Assists with supplier performance assessment, risk management, and logistics optimization.

Optimal Sourcing 59

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Sourcing Strategies 59

Supply Chain Shaman

MAY 1, 2014

In this survey we find out some benchmark metrics on the number of demand planners per item, and the rate of adoption of demand and supply chain planning systems. Demand Market-Driven Risk management affordable care GS1 GTIN healthcare medical device supply chain UDI' And finally, our survey on supply chain planning is closing.

Supply Chain Planning Software 290

Supply Chain Planning Software San Diego Supply and Demand Pharmaceutical 290

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

To ensure successful integration, they should create a plan with timelines, resources, and evaluation metrics (refer Figure 2). Healthcare Distribution is Driving Itself Into a More Environmentally Friendly Direction Ocean Risk Management part 2: Navigating Global Shipping Alliance

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Supply Chain Shaman

JULY 29, 2013

Which supply chain metrics correlate to market capitalization by Morningstar sector? Open Content Research Risk management Sales and Operations Planning Supply Chain Uncategorized Outside-in supply chains' An analysis of how companies have made trade-offs between operating margin, inventory cycles, complexity and growth.

Supply Chain Planning Software 286

Supply Chain Planning Software Supply Chain Design Software Modeling Analytics Software 286

Resilinc

FEBRUARY 22, 2021

A common challenge for procurement and supply chain professionals is obtaining support from C-level leaders to invest in a robust supply chain risk management (SCRM) program. But to make their strongest case, SCRM advocates need to focus on one key metric: return on investment. Difficulty in valuing risk management.

Supply Chain Risk Management 62

Supply Chain Risk Management Risk Management Supply Chain Design Software Agile and Lean Supply Chain 62

Supply Chain Shaman

OCTOBER 29, 2020

Yet, only 20% of companies actively manage supplier development programs to get cash to suppliers in need. Cash-to-Cash Metrics. Management of the cash-to-cash cycle is critical to maintaining working capital. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle.

Optimal Sourcing 236

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 236

Logistics Viewpoints

AUGUST 15, 2022

For example, Coupa has a metric called the “Risk Management Evaluation Completion Rate” that specifies the percentage of risk questionnaires filled out by a company’s suppliers. For benchmarking metrics to be valid, they need to be based on a large sample. At top performing procurement organizations, 86.2%

Supply Chain Network Software 291

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 291

Logistics Viewpoints

JUNE 19, 2024

ESG reports can help investors make informed business decisions by identifying companies with less financial risk and avoiding those that may be impacted by stricter ESG metrics. Interestingly, suppliers / partners (32 percent) and employees (31 percent) ranked toward the bottom of the list.

Supply Chain Strategy 277

Supply Chain Strategy Waste Reduction Cost Reduction Strategies Supply Chain 277

Supply Chain Shaman

JANUARY 31, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. The US GDP in 2021 grew at an unexpected rate of 5.7%

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing 221

QAD

OCTOBER 22, 2024

.” However, with modern SRM tools, all stakeholders—customers and suppliers alike—can access real-time supplier management systems that include or seamlessly integrate data from ERP, supply chain/delivery systems, quality systems, allowing for a transparent, unified view of supplier performance and data.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Planning 52

Supply Chain Shaman

FEBRUARY 13, 2020

Most supply chain leaders cannot get their groove on because they generalize–the use of the same metric targets and tactics for the supply chain without paying attention to the flows. In Figure 1, I share data from the risk management study of 2015. Wrong Metrics. 5), an intermittent supply chain (COV of.5-1.5),

Optimal Sourcing 234

Optimal Sourcing Modeling Forecasting Supply and Demand 234