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

GlobalTranz

JULY 28, 2020

The post Reverse Logistics Companies: Using Metrics to Track Performance appeared first on Transportation Management Company | Cerasis. According to Jeff Ladner via Supply & Demand Chain Executive, the maintenance, repair, and operations materials costs comprise up to 15% of total operating costs.

Reverse Logistics 184

Reverse Logistics Metrics Company Logistics 184

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

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 84

Procurement Analytics Supply Chain Planning Software Supply Chain Design Software Metrics 84

GlobalTranz

MARCH 18, 2020

The post What Are the Most Important 2020 Freight Metrics to Know? Then, coronavirus happened to spread, and now, it will impact global supply chains. It is only a matter of time. Fortunately, understanding the facts.read More. appeared first on Transportation Management Company | Cerasis.

Metrics 156

Metrics Freight Forecasting China 156

GlobalTranz

APRIL 16, 2020

This is part two of the Top 10 Metrics to Track and Manage Risk in the Supply Chain article. The post Top 10 Metrics to Track and Manage Risk in the Supply Chain – Part 2 appeared first on Transportation Management Company | Cerasis. Check out part one here. Disruption is nothing new to supply chain professionals.

Metrics 179

Metrics Supply Chain Transportation Management Supply and Demand 179

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

ivalua

SEPTEMBER 10, 2019

Here’s a look at some of the Procure- to-Pay metrics procurement leaders should watch in order to better understand their digital progress. This metric closely aligns with digital transformation progress. This metric also impacts others like speed, visibility, and cost savings. . #2

Negotiate Pricing 140

Negotiate Pricing Metrics Supply Chain Software Benchmarking 140

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

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. Nevertheless, measuring supply chain performance is critical for a manufacturing concern.

Manufacturing Procurement 111

Manufacturing Procurement Metrics Gartner Supply Chain Planning Software 111

Talking Logistics

JULY 16, 2019

This post from PINC’s blog highlights six warehouse metrics that all companies should be tracking, monitoring, and acting upon. The post Editor’s Pick: 6 Warehouse Metrics You Can’t Afford to Ignore appeared first on Talking Logistics with Adrian Gonzalez.

Metrics 130

Metrics Warehousing Logistics Supply Chain 130

SupplyPike

APRIL 7, 2020

We’ve discussed the basics of OTIF and the fundamentals of OTIF before, but we thought we’d drill down deeper into the individual metrics. First, we’ll start by reviewing the basic goals of OTIF, and then we’ll dive into each metric and the compliance issues of each metric. OTIF Compliance Issues: In Full. Not In-Full.

Metrics 79

Metrics DC Supply Chain Design Software Shipping 79

CHAINalytics

JANUARY 12, 2021

Fortunately, there is one metric that we’ve found is the perfect introduction to data-driven improvements. Every time a client asks us to help them diagnose their warehouse operations, we start the only way … The post The One Must-Have Metric for Warehouse Operations appeared first on Chainalytics.

Metrics 102

Metrics Warehousing Data Supply Chain Design 102

Supply Chain Shaman

MAY 21, 2024

In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supply chain excellence. In my post Mea Culpa, I reference my work with the Gartner Supply Chain Hierarchy of Metrics. Error is error, but is it the most important metric? My answer is no.

Procurement Analytics 360

Procurement Analytics Optimal Sourcing Metrics Supply Chain Planning Software 360

Supply Chain Shaman

JANUARY 7, 2015

While Joe is trying to balance the feedback from Filipe and Frank, he is often asked to change his metric targets by his CFO named Lou. After two years of research, I think that we throw the supply chain out of balance and limit its potential through the use of traditional and functional metrics. Achieving Balance in Metrics.

Metrics 150

Metrics Agile and Lean Supply Chain Manufacturing Procurement Modeling 150

Unleashed

APRIL 18, 2023

The last of these can be achieved by tracking the right inventory metrics, analysing the results, and making data-driven optimisations. So, what are the ‘right’ inventory metrics, and how do you calculate them? In this inventory metrics guide What are inventory metrics? What are KPIs for inventory?

Procurement Analytics 52

Procurement Analytics Metrics Inventory Reduction Inventory 52

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

JUNE 25, 2019

It is critical to monitor inventory effectiveness using five key metrics: Expedited orders, inventory turns, obsolete inventory, safety stock and stockouts. Using Metrics to Measure the Health of the Business. Companies use these metrics to minimize their investment in inventory without adversely affecting customer service levels.

Procurement Analytics 103

Procurement Analytics Metrics Inventory Reduction Inventory 103

Taulia

JUNE 12, 2023

Blog Expert Advice 8 min read 12 Jun 2023 By Taulia Share: Share via linkedin Share via twitter Share via facebook Share via email Copied Copy page URL to clipboard 10 supply chain KPIs and metrics to track We’ve listed the 10 top supply chain KPIs you can use to measure your supply chain performance and find opportunities for optimization.

Procurement Analytics 52

Procurement Analytics Metrics Supply Chain Software Inventory Reduction 52

IT Supply Chain

FEBRUARY 9, 2022

The post How To Select The Right KPIs & Metrics For Supply Chain appeared first on IT Supply Chain. By Dwight J. Lawrence (pictured). Content Writer.

Metrics 91

Metrics How To Supply Chain Supply and Demand 91

Unleashed

FEBRUARY 12, 2023

To stay on top of your financials, there are a few key cash flow metrics and KPIs you can track that will help you make the right decisions and avoid insolvency or liquidation. Learn more: Inventory Accounting: A Video Guide for Accountants & Advisors What are cash flow metrics? Why is it important to track cash flow metrics?

Procurement Analytics 52

Procurement Analytics Metrics Expense Reduction Inventory Reduction 52

GlobalTranz

APRIL 25, 2016

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance. Twitter Google+ LinkedIn The post 3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance appeared first on Transportation Management Company | Cerasis.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Tecsys

JULY 11, 2023

To help clear up some of the confusion, let’s define healthcare supply chain metrics, why they are important.

Metrics 52

Metrics Supply Chain Supply and Demand 52

Talking Logistics

NOVEMBER 2, 2016

Assuming you can start with a clean slate, are there any guiding principles to selecting the “right” metrics? One is they have way too many metrics. Which supply chain metrics matter the most? Do you have too many or too few metrics in your organization? Are your metrics lagging indicators or leading indicators?

Metrics 100

Metrics Supply Chain Logistics Network Optimization Software Supply and Demand 100

Supply Chain Movement

DECEMBER 8, 2014

Supply Chain Metrics That Matter makes this truth clear enough with its thorough analysis of recent multi-industry performance trends. Supply Chain Metrics That Matter was written to guide businesses through the change process with a measurementbased outlook that will help any organization stand the test of time. Change can be risky.

Metrics 120

Metrics Supply Chain Design Software Gartner Supply Chain Design 120

Silvon Software

JUNE 11, 2020

The more challenging part of dashboarding, however, gets down to the actual metrics that should be included as part of a performance management strategy. As a place to start, I thought I’d provide a shortlist of both simple and more complex metrics that our manufacturing and distribution clients are using in their dashboards today.

Metrics 90

Metrics Manufacturing Forecasting Inventory Reduction 90

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

Talking Logistics

JULY 26, 2016

When it comes to supply chain and logistics metrics, companies are either tracking too many of them or they have so many metrics to choose from that figuring out the right approach to performance measurement is a challenge. Are there any guiding principles to selecting the “right” metrics?

Metrics 100

Metrics Logistics Network Optimization Software Groups Logistics 100

ShipBob

FEBRUARY 3, 2023

By monitoring particular metrics over time across your online sales, in-store sales, and operations, you’ll gain quantitative insights into your business performance. A retail KPI (or “Key Performance Indicator”) refers to a quantifiable metric used to measure how a retail business is performing. Why are retail metrics important?

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

Tecsys

NOVEMBER 2, 2021

Learn about these four key supply chain metrics to help turn your operations into an efficiency powerhouse. The post 4 Key Supply Chain Metrics for Distributors appeared first on Tecsys.

Metrics 52

Metrics Supply Chain Supply and Demand Distribution 52

Tecsys

NOVEMBER 2, 2021

Learn about these four key supply chain metrics to help turn your operations into an efficiency powerhouse. The post 4 Key Supply Chain Metrics for Distributors appeared first on Tecsys.

Metrics 52

Metrics Supply Chain Supply and Demand Distribution 52

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 80

Customer Service Metrics Forecasting Forecasting Software 80

QAD

JULY 1, 2021

Improving communication between departments and comparing metrics across them. Improving communication between departments and comparing metrics across them. The post Total Manufacturing Cost Formula: Metrics that Matter appeared first on QAD Blog. Capturing real-time reporting you can quickly access.

Manufacturing Procurement 87

Manufacturing Procurement Procurement Analytics Cost Reduction Strategies Purchasing Skills 87