article thumbnail

Supplier Performance Management – The Ultimate Guide

SCMDOJO

Your supplier may charge you an agreed-upon price, but if the service is unmarked or the merchandise is of poor quality, you won’t be able to meet your savings goals. Most companies rely on on-time delivery, price reduction, and quality service from suppliers to make more profit. What metrics do others (in my industry) use?

article thumbnail

How Can Life Sciences Supply Chains Navigate a Disrupted World?

Logility

Therefore, superior management of the life sciences supply chain is essential for many reasons, including: Quality control On-time shipments Operational consistency Customer satisfaction. It also reduces carbon dioxide emissions by about 100,000 metric tons.”. The Digital Transformation of the Life Sciences Industry. Challenges.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Walmart again Raises Chargeback Stakes

Enterra Insights

Back in 2003, Zeiger wrote, “In some cases, [suppliers insist], the requirements are petty, arbitrary or even illogical. Joel Graham, Director of Client Services for 8th & Walton, believes delivery standards can be beneficial for everyone in the long run because they improve overall logistics quality. Footnotes. [1]

article thumbnail

Four Strategies What Worked

Supply Chain Shaman

” So, I started work with Arizona State University to take balance sheet data from 2003-2007 to analyze which combination of metrics drove the highest market capitalization. As a result of the research with ASU, I settled on the combination of growth, margin, inventory turns, and ROIC for the Supply Chains to Admire analysis.

article thumbnail

5 Factory Uses for Sensors You Might Not Expect

DELMIA Quintiq

In 2003, the retail giant began a “slap and chip” program to place RFID tags on all of their pallets and case packs. This is the time to begin planning for a near-future where sensors are printed onto products as a matter of course, so maintenance specialists can determine product usage, material degradation and other performance metrics.

article thumbnail

5 Factory Uses for Sensors You Might Not Expect

DELMIA Quintiq

In 2003, the retail giant began a “slap and chip” program to place RFID tags on all of their pallets and case packs. This is the time to begin planning for a near-future where sensors are printed onto products as a matter of course, so maintenance specialists can determine product usage, material degradation and other performance metrics.

article thumbnail

How to Improve Net Promoter Score for Your Courier Company

Locus

Net Promoter Score is the metric that measures customer experience, satisfaction, and loyalty. The NPS score was first introduced by Fred Reichheld in 2003. Also, it collects the customer feedback on deliveries to help your business improve the quality of deliveries. Without any delay, let’s jump right in!