Supply Chain Shaman

SEPTEMBER 22, 2024

In his speech, he shared a case study on improving logistics costs in the face of variability through advancements in AI. Companies speak about moving from a functional metric focus to managing corporate metrics, but this does not happen. A Case Study In my presentation, I treaded lightly; the Pfizer team sat in the audience.

Cost Reduction Strategies 376

Cost Reduction Strategies Waste Reduction Inventory Reduction Supply Chain Planning Software 376

Supply Chain Shaman

AUGUST 11, 2014

We have found that supply chain metrics are gnarly and complicated.During In our program, cost avoidance, while desirable, does not count towards the metric. Over the course of the last two years, we at Supply Chain Insight s have worked on a methodology to gauge supply chain improvement. We named it the Supply Chain Index.

Case Study 286

Case Study Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 286

Supply Chain Shaman

JULY 19, 2020

The supply chain is complex non-linear system that is easily thrown out of balance through a focus on functional metrics. They rock back and forth in improving singular metrics but struggle to improve a portfolio of growth, margin, inventory performance, and asset utilization. Stop the Focus on Functional Metrics.

Supply Chain Design Software 415

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Agile and Lean Supply Chain 415

Supply Chain Shaman

APRIL 27, 2022

After two decades of study, I think because it is a lack of understanding. 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.)

Procurement Analytics 339

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 339

Supply Chain Shaman

JULY 25, 2021

In fact, in our Supply Chains to Admire analysis, we find that this is true in twenty-five of twenty-eight industry sectors studied. The Focus Inside-out Supported by Functional Metrics. Instead, the path requires a redefinition of process, metrics, and capabilities. Only four percent of companies outperformed their peer groups.

Procurement Analytics 370

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

Supply Chain Shaman

MAY 13, 2024

How aligned do you believe your organization is to drive these metrics? One of my favorite case studies was Campbells in 2014. See the World Kitchen case study in the Agility Report. In assessing the health of the plan, what do you measure? Is your plan feasible? Did past plans prove valuable?) Were they used? Drives Alignment.

S&OP 349

S&OP Supply and Demand Inventory Reduction Expense Reduction 349

DELMIA Quintiq

JUNE 22, 2021

In this final blog on agility and why you should consider becoming an agilist to survive the new completion (of the continuous mention) of the application of enterprise decision management systems (EDMS) from Taylor and Raden cited in the first blog, I turn to the metric of agility and a new ROI metric of decision yield. The Takeaway.

Metrics 156

Metrics Supply Chain Planning Software Agile and Lean Supply Chain Optimization Software 156

Supply Chain Shaman

DECEMBER 15, 2022

But, I want to understand this more, and as a result, I have a new study in the field to gain additional insights, and I would love your input. In 2012, I placed the first alignment study in the field. Functional Metrics. To respond, follow this link. To entice you to participate let’s look at the data more closely.

Manufacturing Procurement 393

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Procurement Analytics 393

Supply Chain Shaman

SEPTEMBER 3, 2018

Over the last six years, we studied the connection between business results (growth, operating margin, inventory turns and Return on Invested Capital (ROIC)) and the link to company characteristics. Reward teams for cross-functional metrics. Focus functional metrics to improving reliability. ” Hau Lee, October 2014.

Supply Chain Planning Software 317

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 317

Supply Chain Shaman

APRIL 9, 2021

Focus on functional metrics without alignment to a balanced scorecard to drive value. Over the last decade, in the building of global supply chains, organizations grew more political with gaming on metrics. If you take the study, you will be invited to a closed roundtable to discuss the output. Mistake #3. The Question is Why?

Supply Chain Planning Software 360

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 360

ToolsGroup

JANUARY 4, 2018

The annual Gartner Supply Chain Technology User Wants and Needs Study is one of the most comprehensive studies of supply chain users. The most recent survey included more than 473 people spanning the globe.

Gartner 168

Gartner Supply Chain Planning Software Supply Chain Software Study 168

Supply Chain Shaman

APRIL 18, 2023

For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack. Currently, I am working on a study to understand the value of synchronizing contract manufacturing with in-house manufacturing and procurement. Tougher than most understand. What Is the Value of A Network? Interested?

Supply Chain Planning Software 388

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 388

Supply Chain Shaman

MAY 25, 2024

The use of orbit charts allowed me to see the patterns of performance at the intersection of metrics over time. For the past decade, I have been studying these patterns. Fortuitously, I hired a bright summer intern named Alex that introduced me to orbit charts. By charting the performance against peer groups, I could see the story.

Eliminating Excel in Purchasing 318

Eliminating Excel in Purchasing Gartner Supply Chain Design Supply Chain Strategy 318

Supply Chain Opz

JUNE 1, 2014

Under this study, 74 million events from from 1.6 Related Metrics There are 3 other metrics dedicated to the measurement of social media influence as below, 1) Klout develops Klout Score, the number between 1-100 that represent influence (the ability to drive action). million Twitter users were analyzed.

Supply Chain 277

Supply Chain Metrics Michigan SCM 277

Logistics Viewpoints

OCTOBER 4, 2021

A study by E2open – the 2021 Forecasting and Inventory Benchmark Study: Supply Chain Performance During the Covid-19 Pandemic – provides the answers. I look forward to this study every year. The study shows delivering good service to grocery chains has never been harder. Forecasting Accuracy Was Terrible .

Inventory Reduction 248

Inventory Reduction Supply Chain Performance Cost Reduction Strategies Supply and Demand 248

AIMMS

FEBRUARY 20, 2015

Interview with Lora Cecere, Founder and CEO of Supply Chain Insights and Author of Supply Chain Metrics that Matter ( published December 2014 ). Metrics that Matter became a three year research project. I realized that many organizations are very confused about metrics. So I started this book as a summary of this research.

Metrics 120

Metrics Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

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. In the event model, companies present case studies and opinions without a factual framework. No one questions if the case study improved the company’s competitiveness in the market.

Gartner 284

Gartner Supply Chain Planning Software Supply Chain Design Software Case Study 284

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). In 2018, Rockwell Automation won the Supply Chains to Admire Award.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

Supply Chain Shaman

MAY 6, 2014

The studies for the VMI and the Retail Scorecard surveys are still open. The book, Metrics That Matter , is almost finished. People cannot get enough on metrics. Too much dependency on trade promotions and deep discounts is an addiction and disruptive for some relationships. We would love your input.

Supply Chain Software 297

Supply Chain Software Conference Supply Chain Planning Packaging 297

Supply Chain Shaman

SEPTEMBER 9, 2014

Which companies were considered in the study? They had to be publicly traded, we had to have a nearly complete data set for the years studied, and they had to have a peer group of at least six companies to be able to draw the comparisons. Yes, we will do this study yearly in the preparation for our annual conference.

Pharmaceutical 274

Pharmaceutical Gartner Supply Chain Design Software Supply Chain Design 274

Supply Chain Shaman

DECEMBER 10, 2014

In our recent report on defining supply chain visibility in B2B networks, we provide a definition based on a research study of over seventy participants. I am working on the plot… Let me know what you think happens to Joe (the character in Metrics that Matter that does not want to be the average Joe) in the next edition.

Supply Chain Network Software 280

Supply Chain Network Software Pharmaceutical Supply Chain Software Supply and Demand 280

Supply Chain Shaman

DECEMBER 7, 2022

” I don’t have the answers, but I am actively studying the market to help business leaders figure out the questions they should ask to drive performance improvements. ” I am currently working on an ebook of what I feel are the most impactful client case studies from my two decades as an analyst. What Worked.

Inventory Reduction 55

Inventory Reduction Material Savings Supply Chain Strategy Price Mitigation Strategies 55

Supply Chain Shaman

FEBRUARY 18, 2021

I am currently working on a couple of case studies for this blog on how business leaders used digital twin modeling during the pandemic. Watermelon Metrics Don’t Drive The Right Results. I love the metaphor of watermelon metrics. What are functional metrics? It Is Even Worse in the Pandemic. Customer service is red.

Supply Chain Planning Software 285

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 285

Supply Chain Shaman

JUNE 6, 2013

In research study after study, we see that the greatest challenge to achieving supply chain excellence is the understanding of the supply chain by the leadership team. Closing the gaps happens when there are aligned metrics, clarity of vision and aligned planning processes. Metrics Alignment. They lack cohesion.

Supply Chain Planning Software 280

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 280

Supply Chain Shaman

JULY 22, 2019

History will also include case studies of mergers and acquisitions. The study of improvement and performance for the 535 companies in 26 industries took two months. We selected these metrics based on correlation work with Arizona State University in 2012. The companies I work with struggle to set metrics targets.

Supply Chain Design Software 254

Supply Chain Design Software Supply Chain Planning Software Gartner Supply Chain Software 254

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. Along the way, I will be doing more work on network design case studies. And, in our Digital Manufacturing Study. It takes more than one or two respondents from a company.

Supply Chain Design Software 287

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 287

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 232

Supply Chain Design Software Optimization Software System Logistics Network Optimization Software 232

Supply Chain Shaman

JUNE 13, 2017

If the arrow is red, the industry is moving backwards on a metric. Some of the strongest case studies of supply chain leadership are in this value chain. This analysis is a study of improvement, value and performance of companies against an industry peer group. Companies, based on culture, tend to focus on singular metrics.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 0

Supply Chain Shaman

MARCH 21, 2024

In my forty years of studying supply chain planning, the groups became larger, but with questionable results. For example, in my qualitative research studies, I find few can answer the questions of what defines a feasible plan, how to measure inventory effectiveness, or how to tune and refine models. Lack of aligned metrics.

Inventory Reduction 403

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 403

ToolsGroup

SEPTEMBER 25, 2019

September 26, 2019) A new study by ToolsGroup, a global leader in supply chain planning software, and Spinnaker, a supply chain services company, has found that only 7% of companies are reaping the benefits of digital transformation of supply chain planning. BOSTON, Mass. and HOUSTON, Tex.

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Supply Chain Software 136

Supply Chain Shaman

NOVEMBER 9, 2014

“I study supply chains. In our work, we tie research from quantitative and qualitative studies to financial results to drive new insights. This starts by clearly defining the roles of each function, and then focusing the cross-functional teams on the same metrics. I am passionate about it. What do you think?

Manufacturing Procurement 286

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 286

Supply Chain Shaman

JULY 6, 2020

Despite goals to improve agility and resiliency, functional metrics for manufacturing efficiency continually throw the supply chain out of balance. Most supply chain leaders speak out of both sides of their mouths… In my case study, Ed’s approach was brilliant, but the organization did not value agility. (I The So What?

Agile and Lean Supply Chain 297

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 297

ivalua

SEPTEMBER 22, 2022

“Procurement and supplier management have become a central part of supporting strategic priorities for organizations – whether it’s helping to mitigate disruption or improving ESG metrics,” adds Alex Saric, CMO at Ivalua. 2022 Forrester Study, Ensuring Supply Continuity During Turbulent Times: A Visual Spotlight.

Supply Chain Planning Software 130

Supply Chain Planning Software Study Procurement Solutions Procurement Analytics 130

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. The Role of Demand Variability in Risk Mitigation from the 2015 Study.

Optimal Sourcing 234

Optimal Sourcing Modeling Forecasting Supply and Demand 234

Logistics Viewpoints

JANUARY 17, 2022

I can recall a case study when I was in business school where a profitable, fast-growing manufacturer nonetheless went out of business. The Rule of 40 was popularized by venture capitalists in recent years as a key performance metric for SaaS firms. on this metric. The Rule of 40. The problem? They report that Coupa is at 58.2%

Logistics Network Optimization Software 245

Logistics Network Optimization Software Modeling Software Optimization Software Supply Chain Software 245

Supply Chain Shaman

JANUARY 8, 2024

Here, I share four in advance of the full study. Note to the reader: we selected these metrics for the balanced scorecard for the analysis after work with Arizona State University to understand which metrics, in combination, most closely correlated with market capitalization. Smaller Focused Companies Win. Any takers here?

Supply Chain Design Software 243

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Network Software 243