Arkieva

MAY 4, 2021

Learn how to combine very different metrics/KPIs towards a composite score, this is a question that comes up quite often in my conversations with customers. How to Combine Diverse Supply Chain Metrics was first posted on May 4, 2021 at 10:54 am.

Metrics 158

Metrics How To Supply Chain Supply and Demand 158

Supply Chain Shaman

JULY 25, 2021

The potential for supply chain performance declined in each of these industries. 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. Supply Chain Maturity Progression.

Procurement Analytics 370

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

Kinaxis

JUNE 7, 2018

They’d be able to identify the root cause of the discrepancy between the reality and expected performance “so that corrective action could help return the system to a more ideal state.” . Interested in learning more about improving your supply chain performance?

Supply Chain Design Software 135

Supply Chain Design Software Supply Chain Design Supply Chain Performance Supply Chain Planning Software 135

Supply Chain Shaman

JUNE 29, 2021

Each year, we compile a list of top-performing Supply Chains, termed the Supply Chains to Admire. What is the best supply chain technology? There is no correlation between types of technology—company or brand—and supply chain performance. Leaders put meaning into their strategies.

Supply Chain Planning Software 370

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Design 370

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 339

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

Supply Chain Shaman

APRIL 25, 2013

As I sat at my kitchen table, I reviewed spreadsheet after spreadsheet of corporate performance data on supply chain financial ratios. The relationship between corporate financial performance and supply chain metrics was complex; and in my first attempts, I was unable to derive a correlation.

Supply Chain Design Software 260

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 260

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. Understand “All Green” Does Not Mean “All Good”: Leadership is about solving problems, so it can feel counter-intuitive to seek out issues if you already are performing well.

Metrics 152

Metrics Supply Chain Planning Software Supply Chain Software Supply Chain Planning 152

Logility

AUGUST 5, 2021

But before you start measuring everything in sight – and a few things not in sight – start with a set of thoughtful intentions and questions that will guide you to the right set of metrics and the right set of expectations. Cash-Cash Cycle Time; Return on SC Fixed Assets; Return on Working Capital ASCM SCOR Metrics, Supply Chain Council.

Metrics 130

Metrics Modeling Supply Chain Planning Software Supply Chain Design Software 130

Logility

AUGUST 7, 2017

Often, it becomes necessary to reevaluate how supply chain performance is measured to ensure healthy operations. Ask yourself, “Are your supply chain metrics bogging you down?” Functionally isolated metrics lead to sub-optimized supply chain performance.

Procurement Analytics 121

Procurement Analytics Metrics Gartner Supply Chain Planning Software 121

Supply Chain Shaman

DECEMBER 28, 2020

A Hard Look at Corporate Performance. Strangely, in the last decade, while companies had the opportunity to use technology better, supply chain performance declined. Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns.

Supply Chain Planning Software 418

Supply Chain Planning Software Forecasting Forecasting Software Modeling 418

Supply Chain Shaman

JANUARY 8, 2014

” Supply Chain Leader. Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. I recently interviewed him for my upcoming book, Metrics that Matter, that publishes in August 2014. How do you define the metrics that matter?

Procurement Analytics 260

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 260

Silvon Software

JUNE 23, 2020

As I mentioned in my previous post, Sales Dashboards – 16 Metrics for Manufacturers , a strategy for measuring business performance should also incorporate metrics that focus on the supply chain and other operational areas of the enterprise. You can refine as you go! DSO – Days Sales Outstanding.

Manufacturing Procurement 111

Manufacturing Procurement Metrics Gartner Supply Chain Planning Software 111

Supply Chain Shaman

NOVEMBER 21, 2024

On December 5th, Supply Chain Insights is hosting a small event at Georgia Tech to share the results of a two-year research effort to connect financial metrics by industry to supply chain performance to drive value. Did you know that improvement in the supply chain drives 50-70% of this value metric?

Supply Chain Planning Software 367

Supply Chain Planning Software Modeling Software Modeling Supply Chain Network Software 367

Supply Chain Insights

OCTOBER 29, 2014

I love the sound as it rolls off my tongue; but yes, the Metrics that Matter book is finished. The book is a story of a supply chain leader named Joe. As a result, he is trying to figure out how to define supply chain excellence. Fini is the French word for finished. I finished the page proofs last week.

Agile and Lean Supply Chain 187

Agile and Lean Supply Chain Metrics Lean Modeling 187

Logility

JANUARY 26, 2017

The second part of Drucker’s quote, “if you can't measure it, you can't improve it,” really brings home the importance of having the right set of metrics. In the field of supply chain management, we have created an abundance of metrics and key performance indicators (KPIs). Accessibility.

Procurement Analytics 100

Procurement Analytics Metrics Supply Chain Planning Software Gartner 100

The Network Effect

MAY 15, 2015

Daily performance visibility and collaboration to discuss performance related to supply network outcomes and enterprise operating metrics must become part of the fabric and rhythm of running a successful operation. The post What role should logistics providers play in supply chain performance and benchmarking?

Supply Chain Performance 100

Supply Chain Performance Supply Chain Design Software Benchmarking Logistics Network Optimization Software 100

Kinaxis

APRIL 10, 2015

by John Westerveld When things happen in supply chain, knowing sooner and acting faster can mean the difference between a major catastrophe and a minor hiccup in your supply chain performance. Is this kind of performance too good to believe? Supply chain performance like this is not out of your grasp.

Supply Chain Performance 100

Supply Chain Performance Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 100

Supply Chain Shaman

APRIL 16, 2014

I have taken myself off the road to write the book Metrics That Matter. You just do not see the patterns of the interrelationships of metrics in an Excel spreadsheet. When I work with companies, the gap in supply chain performance is larger than I expected. It is a slow week. Most of my friends are on vacation.

Supply Chain Design Software 279

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

Supply Chain Shaman

MARCH 19, 2014

The rise in complexity happened faster than supply chain leaders could improve supply chain performance.) I am hearing it again in my interviews for the book Metrics That Matter. My reasoning is that it takes many years to drive true supply chain performance. We have stubbed our toes.

Gartner 315

Gartner Supply Chain Planning Software Supply Chain Strategy Supply Chain Software 315

Silvon Software

JULY 22, 2022

Supply chain performance KPIs are invaluable measurements that support the growth and success of a company’s supply, fulfillment and delivery efforts. Fortunately, applying metrics to multi-source operational information that’s stored and managed in a data hubs greatly minimizes these issues.

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

Material Handling & Logistics

DECEMBER 6, 2017

All companies need to employ a performance measurement system to organize and manage their supply chain metrics. The appropriate metrics to manage and measure the success of a company’s operation vary significantly by industry, by individual company, and by the scale of the business.

Supply Chain Performance 76

Supply Chain Performance Supply Chain How To Modeling 76

Supply Chain Shaman

JUNE 19, 2013

It will be nice to be home and to have time to write on this second book, Metrics that Matter. If you have a story of supply chain excellence that you want to share for my book, please drop me a line. Market-Driven Supply Chain Supply chain excellence inventory market driven profitability supply chain performance'

Forecasting 270

Forecasting Supply Chain Planning Software Agile and Lean Supply Chain Forecasting Software 270

Demand Solutions

DECEMBER 30, 2014

Over my next few articles, I’ll share some tips on the kinds of resolutions you can put in place to get your supply chain performance back on track in 2015. Of course, if your supply chain is already humming, then these tips can help you achieve even greater levels of performance.

Forecasting 190

Forecasting Supply Chain Planning Supply and Demand Scenario Planning 190

Arkieva

OCTOBER 11, 2017

In recent webinars and presentations, I have been talking about Early Warning Systems within the context of supply chains. The news story above made me think of several examples where a supply chain would use similar concepts to develop early warning metrics.

Metrics 94

Metrics How To Supply Chain Supply and Demand 94

Arkieva

AUGUST 14, 2017

Setting up a supply chain performance measurement system? Here are 5 things to know 5 Things to Know About Setting Up a Better Supply Chain Performance Measurement System was first posted on August 14, 2017 at 2:45 pm.

Supply Chain Performance 90

Supply Chain Performance Supply Chain Planning Software System Supply Chain Planning 90

Supply Chain Shaman

JANUARY 9, 2024

The group’s response is, “Are these supply chain metrics?” The sad reality is that is a focus on functional metrics throws the supply chain out-of-balance reducing balance sheet performance. This focus aligns the organization and reduces political internal strife.

Supply Chain Planning Software 299

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 299

Kinaxis

SEPTEMBER 16, 2014

There has been so much discussion on the “top” supply chain lists. While there was always passionate discussions on companies and metrics, the end goal was to raise awareness of supply chain as a practice. They are a supply chain that I very much like, especially from an S&OP practice.

Supply Chain Planning Software 279

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

Logistics Bureau

APRIL 19, 2021

You will learn how you can significantly boost your supply chain performance—and in the process identify numerous cost-saving opportunities. What would be the key number, or metric that you would need to know? You might start to measure the same metrics and see which one is performing better.

Benchmarking 76

Benchmarking Supply Chain Performance Supply Chain Exercises 76

Logility

SEPTEMBER 5, 2013

He gave the supply chain team what they needed to do their jobs but also ended up creating the ‘one version of the truth’ the demand planning team, the supply side, and eventually management used to collaborate and run the business.

Supply Chain Performance 100

Supply Chain Performance Supply Chain Planning Software KPI Supply Chain Software 100

Logility

SEPTEMBER 5, 2013

He gave the supply chain team what they needed to do their jobs but also ended up creating the ‘one version of the truth’ the demand planning team, the supply side, and eventually management used to collaborate and run the business.

Supply Chain Performance 100

Supply Chain Performance Supply Chain Planning Software KPI Supply Chain Software 100

DELMIA Quintiq

JANUARY 14, 2014

How do supply chains fail even when they appear to succeed? Dan Gilmore, editor-in-chief of Supply Chain Digest, has an interesting take on this question. In an article entitled ‘ Metric Strategies and Supply Chain Performance ’ Gilmore suggests that many companies have KPI targets that are too low.

Supply Chain Planning Software 222

Supply Chain Planning Software Supply Chain Optimization Supply Chain Planning Supply Chain Strategy 222

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. Plus, accurate inventory information is the key to optimal decision-making.

Real-time Visibility 294

Real-time Visibility Manufacturing Procurement Optimal Sourcing Inventory Reduction 294

Supply Chain Shaman

AUGUST 12, 2020

The first step was to charter a research project with the Arizona State University statistics department to analyze which combination of metrics drives the highest market capitalization. The research project analyzed 1200 combinations of 180 metrics for four hundred companies for the period of 2010-2012. The result? The reason?

Gartner 243

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 243

Logistics Viewpoints

JULY 23, 2024

Collaborate across departments: Engage stakeholders from different departments within the organization – not just supply chain management including logistics and procurement but sales, marketing, and finance.

Optimal Sourcing 274

Optimal Sourcing Agile and Lean Supply Chain Supply Chain Software Modeling 274

Supply Chain Shaman

JANUARY 19, 2014

Despite multimillion dollar technology projects, and tomes of strategy documents, they are stuck in their ability to overcome market factors and rising complexity to drive continuous improvement on a portfolio of metrics. As complexity shifts happen, the supply chain has to be redesigned to absorb the changes.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Price Mitigation Strategies Inventory Reduction 278

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.

Optimal Sourcing 173

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Optimization 173

Supply Chain Shaman

MARCH 28, 2016

Historically, the traditional supply chain focused on improving costs. Today, more mature supply chain teams focus on delivering value. While companies want to improve supply chain performance and drive value, it is easier said than done. Supply Chain Organizations By The Numbers.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195