QLD SCRt CIWG | Establishing Effective Metrics in the Supply Chain

QLD SCRt CIWG | Establishing Effective Metrics in the Supply Chain
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Thu 17 September 2020
Thursday 17 September 2020
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SCRt CIWG | QLD SCRt CIWG | Establishing Effective Metrics in the Supply Chain Hosted by: TBC The supply chain is the backbone of any business: a living ecosystem that ensures the smooth, efficient and consistent delivery of a product or service from a supplier to customer. If your supply chain is inefficient, ineffective, or fragmented, it could seriously hinder your commercial prospects. Recent studies suggest that 79% of companies with high-performing supply chains earn a revenue growth greater than the average within their sector. However, despite the clear-cut value of developing an efficient supply chain, 40% of companies aren’t looking at supply chain performance metrics or automation to improve their processes. So, what do you measure? If you measure everything, how can you see the ‘wood for the trees? In general, the key performance indicators (KPI's) established by a company illustrate the gap between planning and execution in the supply chain, and are metrics set up to monitor one or more of the following: cost, value, service, and waste. In this workgroup, we will share what we measure and identify the gaps where we can improve. We will explore: What are you doing to measure forecast accuracy? Do you measure conversion cycle time? How are you measuring freight accuracy? What is your ‘Perfect order rate’? Are you measuring Inventory turnover? How often are you shipping on time? Do you know why goods are being returned? Please come along to this Common Interest Working Group and share what you are doing to improve your supply chain. SIRF Roundtables in Queensland currently comprises in excess of 40 progressive organisations that network and share their best practices in a peer to peer learning environment, specialising in Operational Excellence, Supply Chain and Industrial Maintenance. ‘Common Interest Work Group’ (CIWG) events are for technical specialists looking to discuss with peers, specific topics they are working on, in and around their field of excellence. FAQs Who should attend? This event is ideal for Logistics and Planning professionals responsible for delivering results,  • Finance and Operational leaders,  Anyone interested in learning about streamlining Supply Chain KPI’s   Is the event catered? Morning Tea and Lunch is supplied by the host site. If you have dietary requirements you must notify the event organiser prior to the event. Are there any special requirements for this site I need to be aware of ? An email will be sent to all attendee's at least 7 days prior to the event to confirm attendance and all event information including parking and PPE requirements. Investment? As a member of SIRF Roundatables you are able to register up to 2 people to attend this event. When do I need to register by? Registrations are based on a "first come, first served" basis. There are no allocated seats with membership. Registrations close 3 working day prior to event date.  Who can I contact for further information?  Hannah Watts |  hannah.watts@sirfrt.com.au  | 0436 449 713

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