Ask any supply chain leader which metrics are the most important to deliver, and the most common answers are operating margin, inventory turns, and revenue growth. The bestselling guide to the field, updated with the latest innovations essentials of supply chain management is the definitive guide to the field, providing both broad coverage and necessary detail from a practical, realworld perspective. Feb 23, 2020 supply chains have become increasingly strategydriven, and this supply chain triangle approach puts the supply chain at the heart of the strategy discussion instead of seeing it as a result. She is the author of the enterprise software blog supply chain shaman, which attracts 5,000 readers weekly. Cecere is a supply chain researcher as well as an authority in supply chain. The health of a global supply chain isnt just measured by revenue and profit. Supply chain metrics that matter makes this truth clear enough with its thorough analysis of recent multiindustry performance trends. Of course, whenever investments are made, there must be an analysis of their returns. Interview with lora cecere, founder and ceo of supply chain insights and author of supply chain metrics that matter published december 2014. Supply chain metrics that matter is a series of monthly reports published from august, 2012 through present time.
Ill start with an admission although ive spent the majority of my career as a supply chain professional, ive never been formally trained in the field. Metrics may or may not be uniform across all industries. Fully revised and expanded, the second edition contains valuable tips, techniques, illustrative realworld examples, exhibits, and best practices. Creating highimpact supply chain metrics supply chain 247. Cecere is the founder of the research firm supply chain insights. Supply chain metrics that matter a focus on contract manufacturing aug 20 5,601 views. Dec 08, 2014 supply chain metrics that matter 2014, by lora cecere. Here we look at two industries within the consumer packaged goods cpg sector. Presenting the core concepts and techniques of supply chain management in a clear, concise and easily readable style, the third edition of essentials of supply chain management outlines the most crucial tenets and concepts of supply chain management. For analytics i would suggest learn the tools rather just a book. The study provides a snapshot of metrics currently being used by supply chain and procurement departments to. Beginning with a thorough examination of just in time, efficient consumer response, and.
Philippe lambotte, svp of merck, recommends a seat at the table, focus on supply chain strategy. Suggestions start homework early do and understand 100 of. There is no specific book meant for supply chain analytics since we deal with networks, invent. Jun 27, 2016 12 key metrics for supply chain management posted by john spacey, june 27, 2016 supply chain management scm requires management of complex dependencies between teams, departments and partner companies across international boundaries. From clear explanation of fundamental concepts to insightful discussion of supply chain innovation, this book offers students and professionals a. Corporate performance is not a set it and forget it proposition. Third party logistics providers10 dec 20 from lora cecere full report pdf click here view more documents from abby mayer, lora cecere and supply chain. In this report series we provide a deep focus on progress over the past. Supply chain management is actually best in managing goods and services in. 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. Cost and value management in projects wiley online library.
Within the supply chain world, each industry is unique. I am familiar with her work from the many webinars she has spoken on, as well as through the supply chain index developed by. These custom alerts can be assigned via tasks to fellow employees to align and resolve negative trends and issues. I find the measurement of customer service to be one of the most difficult. Supply chain metrics that matter is a series of monthly reports published from august, 2012 through present time by supply chain insights llc. Everyday low prices and free delivery on eligible orders. Michael hugos presents the core concepts and techniques of supply chain management in a. In the book, cecere provides concrete, actionable steps to align and balance the supply chain to drive value. When it comes to supply chain metrics, beauty is in the eye of the beholder. A focus on retail from lora cecere full report pdf click here view more documents from lora cecere, abby mayer and supply chain insights. A supply chain is a process and a flow that works in order between and within the different phases of a supply chain so that a company can fulfill the demands of a customer.
The dod supply chain metrics guide is the result of collaboration with the military departments, the defense logistics agency, and the u. Supply chains have become increasingly strategydriven, and this supply chain triangle approach puts the supply chain at the heart of the strategy discussion instead of seeing it as a result. Abstractbefore going through the process view of a supply chain management, supply chain management process view is an extremely important process but first, it should be clear what a supply chain management is. The 3 key supply chain metrics to improve your performance. The supply chain metrics that matter report series is an analysis of supply chain excellence for a specific industry. R ecently, institute for supply man age ment ism surveyed supply chain leaders about departmental performance metrics. Cecere, 9781118858110, available at book depository with free. Larry lapide, who directed the research, and becky schneck allen.
Cecere is a supply chain researcher as well as an authority in supply chain technology. The text that appears on this website is the opinion of the webmaster. Supply chain management best practices wiley online books. Essentials of supply chain management wiley online books. Demanddriven inventory optimization and replenishment shows how companies can support supply chain metrics and business initiatives by removing the weak points built into their inventory systems. The blog focuses on the use of enterprise applications to drive supply chain excellence. The focus of this research is to share insights for supply chain leaders on supply chain performance trends within specific industries. How to better manage contracts with suppliers and add value stuart emmett. If we define the supply chain as the core set of processes that link suppliers to customers via the valueadding manufacturing process, then the objectives are clear. In the manual plotting of these results, we could see that some. David blanchard is an awardwinning journalist and the editorial director and associate publisher of penton medias supply chain group. Supply chain metrics that matter is a series of industryspecific reports published throughout the year by supply chain insights llc.
Pdf rajiv rajendra the handbook of global corporate bookzz. Lora cecere is the founder and ceo of supply chain insights, the research firm thats paving new directions in building thoughtleading supply chain research. Partner at altimeter group leader in open research. Supply chain metrics that matter a focus on contract. Managing quality integrating the supply chain 6th edition by foster solution manual 1 chapters updated mar 17, 2019 08. Cecere 2014, hardcover at the best online prices at ebay. Supply chain metrics that matter is a story about how to do just that. The supply chain involves many moving parts, constantlychanging variables, and a network of other business that may have different priorities and interestskeeping it all running smoothly is a complex, but immensely powerful skill. Aug 25, 2014 supply chain metrics that matter book. This handy and concise paperback will help you stay up to date on the newest thinking, strategies, developments, and technologies in supply chain management. The supply chain triangle of service, cost and cash.
Is your supply chain procurement department tracking and reporting the correct measures. Supply chain metrics gaining visibility in a datarich world. Supply chain metrics that matter wiley, 2015 was written by lora cecere, founder of supply chain insights and author of the supply chain shaman blog. The series starts in may when we can access fullyear corporate reporting for the prior year. Manufacturing lead times possibly no other supply chain conversation more closely resembles the biblical phenomena of talking in tongues as trying to have a group define what a manufacturing lead time is. Is your supply chainprocurement department tracking and reporting the correct measures. Supply chain metrics that matter will be a series of reports published intermittently throughout the year by supply chain insights. Commonly used by supply chain management, metrics can help you to understand how your company is operating over a given period of time. Supply chain leader interview for metrics that matter my kitchen table is piled high with interviews for the upcoming book, metrics that matter. Supply chain metrics that matter cecere, lora m download. A focus on household products, and beauty companies 2016. Theories have been put forward about corporate sustainability activities so far, but little has been said about. Methodology presented data is based on findings of preliminary.
In the book, cecere provides concrete, actionable steps. Suggestions start homework early do and understand 100 of each assignment from scm 421 at pennsylvania state university. Lora cecere is the founder and ceo of the research firm supply chain insights. Essentials of supply chain management, 2nd edition wiley. What is supply chain management and why does it matter. Jul 20, 2016 supply chain metrics that matter photo credit. Improve your supply chain performance today with sap supply chain control tower. Supply chain metrics that matter supply chain movement.
For that reason, most businesses have also created metrics that document realworld supply chain performance and track changes over time. Stakeholder marketing and supply chain corporate social responsibility issues volume 20 issue 4 n. This concept has been attributed to such varied sources as management guru peter drucker, sir william thomson, also known as lord kelvin, and w. Metrics for supply chain sustainability article pdf available in clean technologies and environmental policy 53. The research shows that continually building value at all points along the value chain is the key to sustained success. Supply chain metrics that matter hardcover back to item. Many of these business decisions are made as supply chain decisions, but many supply chain managers are perhaps not fully aware of how the supply chain metrics they juggle in their day to day operations impact the overall financial performance of they company they work in or work for, say, in. When i meet with my customers, i get thumbsdown feedback. Lora cecere, founder and ceo of supply chain insights. In this report we take a closer look at, and share insights on, the hightech industry. The guide also includes functional level metrics that measure performance specific to the functions of inventory management and distribution management. Within the world of supply chain management scm, each industry is unique. Update on the progress of supply chain leaders on progress on the supply chain effective frontier balancing growth, profitability, cycles and complexity.
Supply chain management best practices, 2nd edition wiley. Supply chain metrics that matter is a series of reports published throughout the year by supply chain insights llc. In todays highly global and highly competitive marketplace, most businesses have realized the value of investing in supply chain improvement. The latest thinking, strategies, developments, and technologies to stay current in supply chain management. The series starts in may when fullyear corporate reporting is complete for the prior year. The book links corporate financials to supply chain maturity. Supply chain metrics that matter strategic management. Identifies proven strategies, solutions, and performance metrics for supply chain management best practice benchmarks shows how to manage supply chains in a global marketplace and how to choose thirdparty providers new edition includes new chapters on green supply chains and lean supply chains, and expanded analysis of emerging technologies. Understanding of metrics used for supply chain management 30 for scm it can be mentioned analytic hierarchy process ahp or supply chain operations reference scor model 7. The dod supply chain metrics guide is the result of collaboration with the military departments. He has served as editorinchief of several penton magazines, including industryweek, the leading publication for manufacturing professionals, logistics today, and supply chain technology news. Remove builtin supply chain weak points to more effectively balance supply and demand.
Transportation command through the supply chain metrics group and the supply chain executive steering committee. Supply chain strategy and financial metrics fully reflects the inventory or working capital angle and examines the optimisation of the supply chain. Download supply chain metrics that matter wiley corporate f. Essentials of supply chain management, 4th edition wiley. In the book, the author analyzes which metrics matter.
Teams struggle to drive improvement in both metrics at the same time. Full version supply chain strategy and financial metrics. Ting shen at the mit center for transportation and logistics and edited by dr. The goal is to help supply chain leaders understand what is possible in driving supply chain excellence programs. Key performance metrics for a treasury 431 introducing performance metrics. Linking supply chain practices to operational and financial performance supply chain 2020 project working paper august 2005 this paper was written by dr. Who will do what by when how to improve performance, accountability and trust.
Feb 15, 2015 learn operations research much of them are system modeling rather than pure analytics. For information on inventory turns, fill rate measurement, backorder reporting or any other logistics supply chain management measurements metric, click on the links to the left. Apr 01, 2015 supply chain metrics, sap control towers custom alerts grant users fast and precise overview of the most important issues. We find that companies can improve one, but not two of the metrics. Do you recommend a book about global supply chain management. The value of supply chain metrics depends on your supply chain objectives and how they support your business strategy. Please use the link provided below to generate a unique link valid for 24hrs. How to conquer the effective frontier and drive improve. How to create an effective supply chain with erp 3.
Examples, metrics and transportation supply chain brief. She is also the author of the enterprise software blog supply chain shaman. The effective supply chain makes a difference in winning a war, saving a patient, and driving commerce. In our plotting of industry results for the supply chain metrics that matter report s, we could see that certain. Mar 10, 2016 supply chain management is the planning and organisation of all the events which must take place in order to move materials, information, and money, up and down the supply chain. The second part of druckers quote, if you cant measure it, you cant improve it, really brings home the importance of having the right set of metrics. The supply chain is a complex system with finite, and nonlinear relationships between supply chain metrics that drive balance sheet results. To use financial balance sheet and income statement data to better understand the state of grocery retailers and mass merchants supply chains and to determine which companies supply chains did the best on the delivery of a portfolio of metrics over the last decade. Sherman is an internationally recognized writer, researcher, and speaker on trends and issues in logistics, supply chain management, technology, marketing, and organizational change. Supply chain measurements or metrics such as inventory turns, cycle time, dpmo and fill rate are used to track supply chain performance. The financial controller and cfos toolkit by david parmenter. What it is, what its not and how it works the supply chain ecosystem is a complex one especially for multinational companies that work with suppliers all over the world.
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