Supply Chain Metrics

How to Conquer the Effective Frontier and Drive Improved Value in Global Operations Growth has slowed. Volatility has increased and the world is more global. Brands are defined by innovation and services. Supply chain excellence matters more than ever. It makes a difference in corporate performance. One cannot snap their fingers and deliver supply chain success. It happens over the course of many years. It is measured in inches not miles. In this book, the author evaluates the progress of over a hundred companies over the period of 2006-2013. Success drives value. The effective supply chain makes a difference in winning a war, saving a patient, and driving commerce; but it also makes a difference in a community having clean air, potable water, and a standard of living. Mistakes are hard to overcome. Supply Chain Metrics that Matter tells this story. The book links corporate financials to supply chain maturity. In the book, the author analyzes which metrics matter. The author Lora M. Cecere is a supply chain researcher as well as an authority in supply chain technology. She helps companies gain first mover advantage. In the book, Cecere provides concrete, actionable steps to align and balance the supply chain to drive value. The book explores the crossover between supply chain efficiency and financial growth with topics such as: Outlining the metrics that matter, the metrics that don't Progress in industry sub-segment in improving inventory, cash, productivity and margin The management techniques that improve performance Sharing insights on how metrics change as the supply chain matures The roadmap to improve performance. Today, supply chains are global and dynamic. They are rapidly evolving. Companies that constantly seek out new solutions and opportunities for improvement drive differentiation. In a market where growth is stalled and many companies are stuck in driving supply chain performance, this book provides a clear, concise framework for a more modern, effective supply chain.

How to Conquer the Effective Frontier and Drive ImprovedValue in Global Operations Growth has slowed. Volatility has increased and the world ismore global. Brands are defined by innovation and services. Supplychain excellence matters more than ever. It makes a difference incorporate performance. One cannot snap their fingers and deliver supply chain success.It happens over the course of many years. It is measured in inchesnot miles. In this book, the author evaluates the progress of overa hundred companies over the period of 2006-2013. Success drives value. The effective supply chain makes adifference in winning a war, saving a patient, and drivingcommerce; but it also makes a difference in a community havingclean air, potable water, and a standard of living. Mistakes arehard to overcome. Supply Chain Metrics thatMatter tells this story. The book links corporatefinancials to supply chain maturity. In the book, the authoranalyzes which metrics matter. The author Lora M. Cecere is a supply chain researcher as wellas an authority in supply chain technology. She helps companiesgain first mover advantage. In the book, Cecere provides concrete,actionable steps to align and balance the supply chain to drivevalue. The book explores the crossover between supply chainefficiency and financial growth with topics such as: Outlining the metrics that matter, the metrics that don't Progress in industry sub-segment in improving inventory, cash,productivity and margin The management techniques that improve performance Sharing insights on how metrics change as the supply chainmatures The roadmap to improve performance. Today, supply chains are global and dynamic. They are rapidlyevolving. Companies that constantly seek out new solutions andopportunities for improvement drive differentiation. In a marketwhere growth is stalled and many companies are stuck in drivingsupply chain performance, this book provides a clear, conciseframework for a more modern, effective supply chain.

What to measure? How can the value of a measurement be balanced against the cost of performing it? How can the needs of different organizations requiring similar measures of the same thing be reconciled and those needs be met efficiently? What are the implementation issues? How can redundant measures be simplified?This executive briefing discusses these questions and outlines a catalog of more than eighty measurements for consideration. Some of the cataloged measurements are common, some are industry-specific, and some have unique and special purposes. Each measurement is discussed in terms of its usefulness and application. Implementation difficulties are reviewed and the executive is cautioned where inaccuracies may result from assumptions made by implementers. A review of the list may suggest metrics that should be considered for implementation, may help users avoid the GIGO syndrome, and may reduce business complexity by pointing out duplication in existing work.

Supply Chain Strategy and Financial Metrics is a step-by-step guide to balancing the triangle of service, cost and cash which is the essence of supply chain management. Supply chains have become increasingly strategy-driven, and this Supply Chain Triangle approach puts the supply chain at the heart of the strategy discussion instead of seeing it as a result. Supply Chain Strategy and Financial Metrics fully reflects the 'inventory' or 'working capital' angle and examines the optimisation of the supply chain and Return on Capital Employed. Including case studies of Barco, Casio and a selection of food retail companies, this book covers building a strategy-driven KPI dashboard, target setting and financial benchmarking. Regular examples and diagrams illustrate how different types of strategies lead to different trade-offs in the Supply Chain Triangle. This ground-breaking text links supply chain, strategy and finance through financial metrics, therefore creating value for the shareholder. Online supporting resources include worksheets covering basic financial concepts such as cash flow and working capital, with example data sets and guidelines/exercises to make it interactive.

Essay from the year 2010 in the subject Business economics - Supply, Production, Logistics, grade: 94.00, University of Phoenix, course: ISCOM 370 Strategic Supply Chain Management, language: English, abstract: Key Supply Chain Performance Indicator Paper Supply chain management through the use of key performance indicators (KPI’s) offers organizations improved profit margins and lower costs. Saxena (2009) comments “KPI initials could stand for “keep players informed” because the right set of key performance indicators can go a long way toward making sure companies and their third party logistics are truly on the same page” (p. 22, para. 3). Measuring key performance indicators in a quantifiable manner is used to evaluate, measure, and compare different organizations in a similar manner for matches in strategic and operational goals. As illustrated below in the hierarchy of supply chain metrics, Miles (2010), a supply chain’s health is measured by foundation blocks or key performance indicators. Failure to identify, measure, or assess, diagnose, and correct through the use of key performance indicators such as on-time delivery, inventory turns, and inventory carry costs prevent the supply chain from reaching its full potential.

For over a decade, there has been an increasing interest in the use of supply chain methods to improve performance across the entire business enterprise. Numerous industries have recognized the importance of efficient supply chain integration, and, as a result, supply chain management has become a standard part of business practice. The Practice of Supply Chain Management: Where Theory and Application Converge is a must-have volume for users of supply chain management methods, supply chain management researchers, and students in supply chain management. The objective of the book is to provide an overview of this important practice-research cycle, and it is organized into three sections: Core Concepts and Practices; Emerging Supply Chain Practices; and Supply Chain in Action. The focus of the book is on supply chain practice, but supply chain practice that has been heavily influenced by supply chain research. It is this synergy between research and practice that continues to simulate new directions for research.

This book identifies accounting-based management control system practices for managing integrated and flexible supply chains and increasing customer satisfaction. It further explores how a company can enhance its supply chain integration. The book considers the effects of allocating supply chain's joint profit and incentive alignment as managerial instruments to facilitate integration and cooperation among partners. Furthermore, the book examines how to flexibly manage integrated supply chains from the perspectives of the product/service lifecycle, partner switching, and strategic flexibility. It also examines the use of management accounting systems to improve customer satisfaction in supply chains. Management accounting practices examined in the book involve balanced scorecard, switching cost, target costing, value-based pricing, target-pricing, and quality costing. The book also investigates the different types of supply chains: fabless supply chains, an inter-firm network comprising of parts suppliers and assemblers, non-profit supply chains.