This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
One of my stark realizations this year is that smaller companies are beating larger and often more established companies on growth metrics, inventory turns, operating margin, and Return on Invested Capital (ROIC). (In The metrics selection resulted from work with Arizona State University in 2013.) Look for the full report next week.).
Because we call it a supply chain for a reason – each link is connected, so if you rattle one link, you rattle the entire chain, as Boeing famously discovered in 2007 when a bolts and screws shortage delayed their Dreamliner. But the opposite is not true – if you optimize one link, you have not optimized the entire supply chain.
Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. All industries operate today with more inventory than in the pre-recessionary period of 2004-2007. In times of uncertainty, cash is king. The average is twenty-five days.
OTIF is a key supply chain metric. Zipline Logistics , founded in 2007, is a digitally enabled transportation partner specializing exclusively in serving the food, beverage, and consumer product manufacturers. Andrew Lynch and Joe Lynch discuss the true cost of OTIF failure. About Andrew Lynch. third-party?logistics.
Introduction Gardner, (1954) and Huntzinger, (2007) define Purchase price variance (PPV) as a metric used to measure the effectiveness of cost-saving efforts by calculating the difference between the planned cost (standard pricing) allocated for purchasing activities and the actual cost incurred. worry no more! References Garnder, S.
However, what is now clear to me is that whatever the evaluative metric, Unilever is at the bottom of the CPG peer group and should never be seen as a supply chain leader. When the Great Recession of 2007 hit, Unilever went through a massive restructuring with a series of multiple layoffs. The focus was far more multinational.
The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. We find that companies can improve one, but not two of the metrics. Teams struggle to drive improvement in both metrics at the same time. The period of 2007-2008 was the great recession.
Industries carried on average 32 days more inventory in 2020 than in 2007. (I Organizations can align to drive value despite the allegiance to functional metrics. Why do we have 32 days more inventory by company in 2020 than in 2007? Transition functional metrics to focus on reliability. Mistake #5. Measurement.
Over the period of 2009-2015, only 88% of companies made improvement on the Supply Chain Metrics That Matter. To meet the criteria for The Supply Chains to Admire for 2016, companies needed to score better than their peer group average for performance metrics, while driving a higher level of improvement than 2/3 of their industry peer group.
No metric should be measured in isolation, and functional metrics should be replaced with the balanced scorecard metrics shown in Figure 2. To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability. 5 A Focus on Functional Metrics Throws the Supply Chain Out of Balance.
Similarly, the San Francisco Declaration on Research Assessment (DORA), which has been signed by thousands of researchers worldwide, asks “not [to] use journal-based metrics […] as a surrogate measure of the quality of individual research articles, to assess an individual scientist’s contributions, or in hiring, promotion, or funding decisions” (..)
OTIF is a key supply chain metric. Zipline Logistics , founded in 2007, is a digitally enabled transportation partner specializing exclusively in serving the food, beverage, and consumer product manufacturers. Andrew Lynch and Joe Lynch discuss the true cost of OTIF failure. About Andrew Lynch. third-party?logistics.
The winners drive improvement while posting financial results in the Supply Chain Metrics That Matter ahead of the peer group. The performance factors evaluated in the analysis are: Growth. (If you trace the year-over-year pattern, you can see that P&G made progress on inventory turns and operating margin 2006-2007, 2009-2010.
Blog Expert Advice 8 min read 12 Jun 2023 By Taulia Share: Share via linkedin Share via twitter Share via facebook Share via email Copied Copy page URL to clipboard 10 supply chain KPIs and metrics to track We’ve listed the 10 top supply chain KPIs you can use to measure your supply chain performance and find opportunities for optimization.
According to the press release : The proposed standards are expected to lower CO2 emissions by approximately 1 billion metric tons, cut fuel costs by about $170 billion, and reduce oil consumption by up to 1.8 miles out of its network from 2007-2010 and had increased its CWT per truck from 382 in FY 2007 to 415 in FY 2010, an 8.6
I first met Shane in 2007 at the beginning of his work with Syngenta’s value chain. In 2007, Shane Emms was asked to take a Global Supply Chain leadership assignment at Syngenta. He led the team during the period of 2007-2009. The company’s focus is on biotechnology and genomic research. Shane’s Story.
A Demand-Driven Value Network as defined by AMR Research in 2007: A network that senses demand with minimal latency to drive a near real-time response to shape and translate demand. Lora has written the books Supply Chain Metrics That Matter and Bricks Matter , and is writing her third book, Leadership Matters.
I am speaking this morning at the Terra Technology conference and doing a book signing of my new book, Supply Chain Metrics That Matter. The LogicTools product was purchased for $15 million in 2007 by ILOG. It is morning in Orlando. The sun is rising. It is my seventh year of speaking at this small, and intimate event.
The new trend to be sustainable is part of the current category: Revenue Growth, so why add another category like CSR when we should be moving towards the core supply chain metrics of total delivered cost and customer service. This, my friends, is why we need to get back to CORE supply chain metrics when measuring the Top 25.
As quickly as Apple rose up the ranks to #2 in 2007, there could be changes that force the rankings to adjust. I would have preferred adding and changing the metrics to rank the companies rather that a category to remove two. I do submit that business changes, and quite abruptly.
In 2007, the U.S. Department of Energy calculated that CO2 emissions from transportation surpassed two billion metric tons ; it’s hard to imagine what that number looks like today. Recent studies have shown that transportation is the single largest source of greenhouse gas emissions in the United States.
We are systemically evaluating each industry in the Supply Chain Insights Metrics That Matter series of reports. The market for multi-tier inventory management was overhyped and largely underdelivered in the period of 2005-2007. At Supply Chain Insights , this is our passion.
Avaya has been a Kinaxis customer since 2007 and has generated tremendous value from the use of RapidResponse. Our metrics were poor, limited staff were wasting time fighting fires and chasing data, and change was certainly needed.
While electronic passenger tickets were introduced in 1994 and reached a 97% penetration rate by 2007, the eAWB standards was adapted as an IATA standard in 2010, and adoption in 2018 still hovers at 53%. But not for lack of effort. Electronic airway bills (eAWB) are a familiar example. The post Air Cargo Tech Is Falling Behind.
2007) in IFIP International Federation for Information Processing, Volume 246, Advances in Production Management Systems, eds. Oxford Economics and SAP (2020). Surviving and Thriving. How Supply Chain Leaders minimize risk and maximize opportunities. Oxford Economics & Sap. www.oxfordeconomics.com pp.1-15. Olhager, J., Persson, F.,
When I was an analyst at AMR Research in 2007, I tracked thirty. Lora has written the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters. Looking back at history… When I was a Gartner analyst in 2001, I tracked over 400 trading exchanges.
In 2007-2014 Terra added inventory management, multi-tier demand sensing, transportation forecasting, and long-term forecasting. Lora has written the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters.
Before 2007], modern smartphones did not exist. For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack. But instead of taking centuries or decades to spread around the world, as did the printing press and telegraph, new technologies become routine in a matter of years.
I remember December 2007 like yesterday. We will also be announcing the 2015 winners for the Supply Chains to Admire analysis which analyzes company progress on both supply chain performance and improvement on the Metrics That Matter for the period of 2006-2014. This gives supply chain leaders a false sense of security. They are not.
So, let’s take a look at the areas where we are seeing marked improvement in technology and innovative focus: Access and usage of Point-of-Sale (POS) data – this is becoming a mainstay in promotion planning and a critical element of inflight and post promotion metrics. Let’s look ahead – what is coming that we can further address?
For example, in the recession of 2007, DuPont missed the downturn in the market. Lora has written the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters. So, what are the market signals to model to forecast demand at the cadence of the market?
Where EBIT or EBITDA per inventory $ or per working capital $ helps in getting meaningful benchmarks and aligned targets, they are not common financial metrics. We will close this blog by discussing the Return On Capital Employed (ROCE) which is close to the EBIT% vs CCC, and which is a more common financial metric.
.” A question came from the audience: “Fundamentally – procurement is measured on cost savings as the primary metric. Other metrics are whether you agree off of purchasing agreements in the company, and some customer satisfaction metrics – and are internal stakeholders satisfied. In 2007, Apple launched the I-Phone.
Such systems are also instrumental in establishing aligned tactical and strategic performance metrics systems that drive improved economic outcomes (Bendoly et al.,
Many metrics can be used to determine the top 3PL warehousing companies, such as company revenue, the number of warehouses, total warehouse square footage , etc. This compilation is based on the most currently available company revenue data (between 2018 and 2020) without factoring in any other metric. Revenue: $8.17
As another example, Mattel suffered from a massive recall of toys in 2007 because one of their contractor’s subcontractor’s employees substituted the paint purchased by Mattel with toxic lead paint. The more intermediaries, the worse the amplification! Time for Solutions.
metrics that really impact the bottom line; the Leaders in our survey. ► 2007. (4). Supply chain Leaders. deliver on time in full (OTIF) on 95.7% of occasions and have an. impressive 15.3 inventory turns, while the Laggards achieve only 3.8. That means greater efficiency and customer satisfaction without. ► February. (1).
The production and use of biobased products replacing petroleum-based products has the potential to reduce GHG emissions up to 10 million metric tons of CO2 equivalents. The rural unemployment rate has dropped below 6 percent for the first time since 2007, and from 2012-2014, we saw rural child poverty fall by 3 percentage points.”.
During supplier selection, companies should apply appropriate procedures and use suitable metrics to select suppliers that align with the company’s ESG policies and broader values. Suppliers’ ESG performance should also be monitored over time.
In her excellent book ‘Supply Chain Metrics that Matter’ (Cecere, L.M., Supply Chain Metrics that Matter, John Wiley & Sons, 2015), Lora Cecere shows how we can reveal the ‘best-practice-frontier’ using so-called ‘orbit charts’. It took a hit from 2007 to 2008, most probably because of the financial crisis and it never recovered.
What the last recession taught us An article from McKinsey & Company (2022) analyzed the performance of about 40 publicly traded distribution companies during the 2007-2009 recession. It found that 20% outperformed competitors’ results during the downturn and recovery.
It was the world’s largest VC firm in 2007 with over $20 million in assets during the year. A thorough understanding of metrics that prove out business models. Its ecommerce investments include Allbirds, Casper, Chubbies, Everlane, Glossier, Soylent, Warby Parker, among others. New Enterprise Associates is an American-based VC firm.
Insights into pivotal metrics like First Attempted Delivery Rates and Time under the Roof are crucial to discern whether the requisition for immediate deliveries springs from a preceding delay or a newfound customer prerequisite. So, how does all this connect to route optimization software?
Supply chain resilience generally means the ability to manage risk and be best positioned to respond and even gain advantage from disruptions (Sheffi, 2007). [1] 1] It also means minimizing damage and the time taken to return to a normal state of operations (Sheffi and Rice, 2005). [2]
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content