COSO – Sarbanes-Oxley and Supply Chain Fraud

Supply Chain Network

In terms of supply chain fraud, supplier metrics and the vendor scorecard are useful tools in determining suppliers that may be putting the organization “at risk�. COSO – SARBOX – SUPPLY CHAIN FRAUD. The Committee Of Sponsoring Organizations (COSO) internal controls framework highlights the following 5 key components which are a useful guide for the detection and reduction of supply chain fraud.

Household Products Industry Stuck in Neutral and Going Backwards

Supply Chain Shaman

P&G’s rate of improvement on the Metrics That Matter was lower than the peer group. Based on this process evolution, Cisco was one of the first companies to sense the economic downturn of December 2007. I was on my way to Peru.

2020 Requires Big Wings and Feet

Supply Chain Shaman

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. It has been awhile.

VTech: A Story of a Supply Chain Leader

Supply Chain Shaman

Over the period of 2009-2015, only 88% of companies made improvement on the Supply Chain Metrics That Matter. In Table 1, the company is slightly above average on improvement and outperforms on the Supply Chain Metrics That Matter in all categories but inventory turns.

The Better Goal: More Fuel Efficient Trucks or Using Fewer Trucks?

Talking Logistics

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 Our network efficiency improvement equates to avoiding nearly 41,000 metric tons of CO2 emissions, the equivalent of taking about 7,900 cars off the road. 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

And I thought last year’s Top 25 Supply Chain was a surprise


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.

Getting Inventory Right: Hope with Hype and Recycled Software?

Supply Chain Shaman

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.

Ranking Journals: Academic Journal Guide 2018 (“ABS List”)

SCM Research

Three years ago, the Chartered Association of Business Schools (ABS) has released its last ranking of business journals: the Academic Journal Guide (AJG), also known as the “ABS list” This ABS ranking has become quite influential as the guiding journal ranking across management disciplines in the UK. Although the ranking has been heavily criticized (see my previous post ) and more democratically-developed rankings exist (e.g.

Air Cargo Tech Is Falling Behind. It Doesn’t Have to.


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%. This article first appeared in The Loadstar on June 8th, 2018.

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A Fireside Chat with John Sculley, Apple’s former CEO


” 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.

Sales and Operations Alignment: Often The Missing Link

Supply Chain Shaman

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. I pushed aside Shane’s motorbike helmet and jacket to take a seat in his crowded office.

Spreadsheets – A Look Back


From our eBook, S&OP in the 21st century , “An audit of 50 corporate spreadsheets in 2007 revealed that 94% had errors… one for $100 million!” by Joe Cannata Do you recall products such as VisiCalc, Lotus 1-2-3 and Quattro Pro?

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Friends with Fitbits: Fitness Tracking and Taking Supply Chain Planning to the Next Level

Talking Logistics

In supply chain planning, we are driven by metrics. Ron joined Quintiq in 2007 and leads a marketing team that focuses on global campaigns, partners, and analyst relations. It’s been a busy week and I forgot to charge my Fitbit.

Will the Downturn Signal an Upturn?

Supply Chain Shaman

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. Volatility.

Nine Myths of S&OP Technology Selection

Supply Chain Shaman

When I wrote a summary report at AMR Research in 2007 and 2009, there were two or 6% of the market. Lora wrote the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters.

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It Ain’t Easy Being Easy!

Supply Chain Insights

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.

Sparking a New Conversation: Let’s Build a Network of Networks

Supply Chain Shaman

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. Today’s supply chain is inside-out. Companies wait and process orders.

Unilever and Colgate: Two Bookends?

Supply Chain Shaman

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.

How Are You Analyzing and Adjusting to the Mobile Shopper?

Birst Supply Chain

Just as Steve Jobs reinvented an entire industry in 2007 when he introduced a mobile gadget called the iPhone, retailers have an opportunity to reinvent themselves by leveraging data generated by the mobile shopper. Every retailer is facing a similar challenge.

Is A Customer-Centric Strategy the Same as Demand-Driven? Outside-In?

Supply Chain Shaman

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. It was an early morning. I cradled my cup of tea in my hand. It had been a long night.

Biobased Economy Continues to Grow: USDA Secretary Announces NC State-Duke Study Results on Monday


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.”. I’m writing to share an exciting new report released today entitled “ An Economic Impact Analysis of the U.S. Biobased Products Industry: 2016 Update.”.

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Logistics Services Providers Make Progress against Green Targets

BluJay Solutions

Quality Management in Supply Chains: Performance and Conformance

The UCLA Anderson Global Supply Chain Blog

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. Quality Management in Supply Chains: Performance and Conformance. By Guillaume Roels.

Building Outside-In Processes

Supply Chain Shaman

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. This weekend, I decompressed and turned off my cell phone.

Effective Product Transitions in Complex BOM Environments


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. The end result is a supply chain transformation that includes all core supply chain metrics at or better than best in class! by Alexa Cheater This is a guest post by Jack Walsh, manager of the Kinaxis Center of Excellence for Avaya.

What is the return on ERP implementation? Results from our research

Supply Chain View from the Field

Such systems are also instrumental in establishing aligned tactical and strategic performance metrics systems that drive improved economic outcomes (Bendoly et al., 2007). As organizations seek to drive supply chain integration across global business units and markets, billions of dollars have been invested in massive systems known as. enterprise resource planning (ERP) systems.

The Best Practice Frontier in the 3D Supply Chain Triangle


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’.

DAT's Call Center a Finalist in Global Awards

DAT Solutions

DAT has won the award two times before, in 2010 and 2007. Award finalists are judged not only on measurable metrics commonly tracked by contact centers, but on customer satisfaction, low employee turnover rates, and a work culture that fosters employee engagement, motivation and high morale.

[INFOGRAPHIC] Public Perception of & A Brief Timeline of Moments from the American Manufacturing Industry


Overall equipment effectiveness (OEE) is a hierarchy of metrics developed by Seiichi Nakajima in the 1960s to evaluate how effectively a manufacturing operation is utilized. 2007: The first iPhone is released By Apple.

DAT Wins Prestigious Customer Service Award

DAT Solutions

DAT has won the Best Small Contact Center award two times before, in 2010 and 2007. This week DAT was named the "Best Small Contact Center" in the prestigious ICMI Global Contact Center Awards program.

Top 10 Most Dangerous Jobs of 2018

Material Handling & Logistics

Going by that metric, truck drivers and material moving occupations are at the top of the list, with 1,388 fatal injuries in 2016, according to recent data compiled by the Bureau of Labor Statistics. A look at the most dangerous occupations in the U.S., as measured by fatal work injury rate.

Next-generation supply chains: Efficient, fast and tailored

Global Trade Management

metrics that really impact the bottom line; the Leaders in our survey. ► 2007. (4). Global Cargo Monitoring / Cargo Tracking. International trade is the engine of global prosperity today. The size of global trade has nearly doubled since 1990. The healthy growth continues as world merchandise trade continues to grow with an average of 10% per year.

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