Tag

Metrics That Matter

Mining Supply Chain Data for Insights

By | Big data supply chains, Demand driven, Market-Driven, Supply Chain | No Comments

  Mine sweeping is essential to warfare. Soldiers use special devices to detect underground mines and disarm them, keeping them from exploding before they cause harm. At Supply Chain Insights we have been actively working on our own mine sweeping project. Over the course of the last quarter, with help from Cloudera, we built a data lake with information from 1449 public companies (these are mainly North American-based manufacturers, distributors…

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Looking Beyond Red Arrows

By | Demand, Inventory Management, market-driven value chains, Market-driven value networks | No Comments

When I engage with supply chain leaders , I ask, “Are you making progress?” Most will nod their heads ‘yes’, but upon a closer look at the data they admit they are stuck. Acknowledging this truth is a freeing moment. Why? It is hard work to maintain the status quo in metrics performance. Most leaders are treading water. When asked to do more, they try to deliver. They often fail. A downward-facing…

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2016: Building a Balanced Scorecard for Discrete Industries

By | Bricks Matter, metrics that matter, Supply Chain, Supply Chain Excellence | No Comments

2016 is around the corner. For the supply chain leader it is time to reflect and build budget targets. To  help, in this blog post I share industry trends. For the discrete industries we contrast the industry averages for growth, operating margins, inventory turns, cash-to-cash cycle, revenue per employee, and SG&A ratio for the periods of 2006-2014 and 2011-2014. For each metric we show the averages and the percent change from…

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Wanted: Supply Chain Architects!

By | Demand, Market-Driven, New technologies, Supply Chain, Supply Chain Excellence, Supply Chain Insights Community | One Comment

Forty years ago, as a chemical engineering student, I learned the tedious craft of chemical plant design. It was a world of heat exchangers, distillation columns, reactors, tanks, pumps, valves, and dryers. I liked the classes, and would spend hours talking to my professors about the design of the factory. Getting good at factory design is a merit badge of sorts for the chemical engineer. When I moved into industry,…

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My Take: Supply Chain Metrics That Matter

By | Uncategorized | No Comments

Last week, I held my new book in my hand. It is exciting to have two years of research, nine months of writing, and four months of editing become crisp, fresh pages. The smell of ink is intoxicating. I am now an author of my third book. I also love getting feedback. Over the course of the last week, I had a Linkedin comment from Dubai, questions from a team from…

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Let the Design Begin…

By | Market-Driven | No Comments

This week, I spoke at the LLamasoft Summercon Conference. It was held at the University of Michigan in Ann Arbor. The conference was low-key. The University building was old, and well-worn. The doors hung precariously on their hinges, and the steps were uneven. The shelves needed a good dusting and the air was musty. It was far a cry from the neon and glitzy hotels of Las Vegas where I am often speaking….

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No Trash Talk Allowed

By | Demand, Market-Driven | One Comment

Definition of Asset  A resource with economic value that an individual, corporation or country owns or controls with the expectation that it will provide future benefit. Definition of Trash Worthless or discarded material or objects, refuse or rubbish. In the last year of my Wharton MBA program, the professor wrote on the board that “finance is the art of money passing hands until nothing is left.” I have found this…

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Writing: Working on My Book

By | Market-Driven | No Comments

  “When I ask my team about customer service, I get high-five reviews. When I meet with my customers, I get thumbs-down feedback. I find the measurement of customer service to be one of the most difficult.” Supply Chain Leader Interview for Metrics That Matter My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. The manuscript is due to Wiley on March 1st for…

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Why I No Longer Believe in the Gartner Supply Chain Top 25

By | Market-Driven, Supply Chain, Supply Chain Insights | 4 Comments

This week, Gartner is hosting their annual supply chain conference. A major item on the agenda is the announcement of what used to be named the AMR Top 25. It is now the Gartner Supply Chain Top 25. While the name has changed, the methodology has remained fairly constant, with a only a few changes, since 2004. The research tries to establish “who did supply chain best” by looking at…

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Raise a Glass to the Smell of INK!

By | Bricks Matter, Supply Chain, Supply Chain Insights, Supply Chain Insights Community | No Comments

My soul craves a holiday. Like many of you, I’ve sat in one too many airline seats, hustled for one too many cabs and slept in too many hotel beds. I need to unwind. I want dust to gather on my suitcase as I bake my special holiday treats. I crave time to step off the treadmill of life to think. It is time for reflection and celebration. The book Bricks Matter is currently…

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