Your supply chain is costing you money – Reason #10 Failure to adequately train your supply chain planning staff

Kinaxis

Reason #9 Relentless pursuit of one supply chain metric at the expense of other metrics. General News Products Response Management Sales and operations planning (S&OP) Supply chain management 2008 US beef protest in South Korea Beef Business Business process Cargill Colorado Competitive advantage Customer Supply chain by John Westerveld Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money.

Supply Chain Talent: Insights from CSCMP Annual Conference

Talking Logistics

That was certainly true at Starbucks, which went through some difficult times in 2008. Contrary to what many people believe, investing in employees is not dilutive [to a company’s financial results and shareholder value] — it’s actually accretive,” said Schultz, pointing to the company’s turnaround and growth since 2008 as proof. “The biggest mistake companies make as they’re growing is leaving supply chain management and human resources behind.”.

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Do People Skills Matter in the World of Logistics?

The Logistics of Logistics

According to Supply Chain Quarterly , Quarter 4, 2011 issue: “Supply chain scorecards typically focus on operational metrics. Holm MS PCC CPCC is a Professional Certified Coach since 2008, focusing on executive and career development along with personal branding. How you develop your sales team has a big impact on your logistics business.

7 Best Supply Chain Books of All Time

Supply Chain Opz

Therefore, the challenge to establish the ranking method is to find a more economical data source and the unbiased metrics. 2008). In this article, we rank books based on their influence, popularity, recency and practicality and then we come up with the list of the best supply chain books. Finding Best Supply Chain Books We've found that most recommendations for on the web are based on just personal opinion.

SanDisk’s Story of Customer Segmentation Strategies Using Inventory Postponement

Supply Chain Shaman

The journey began with a one size fits all approach in 2008, and the policies evolved over the course of the last seven years. With the downturn of volume in 2008 with the recession, the company shifted to sales incentives based on channel sell through, implemented cost-to-serve strategies, and actively began the journey to design and implement customer segmentation strategies. Platitude: a flat, dull, or trite remark, especially one uttered as if it were fresh or profound.

Top 15 Supply Chains to Admire from the Supply Chain Insights Conference

Kinaxis

While there was always passionate discussions on companies and metrics, the end goal was to raise awareness of supply chain as a practice. We find that most companies throw the system out balance and are able to only drive progress on a single metric, not the metrics portfolio.”. - Lora Cecere, Founder and CEO, Supply Chain Insights LLC and Abby Mayer, Research Associate, Supply Chain Insights LLC.

Offering Prayers While Looking Down the Barrel of a Gun

Supply Chain Shaman

The PCA Corporation lost their case in the court of public opinion in 2008, but the federal conviction is seven years later. In 2008, the company manufactured 2.5% Lora wrote the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters. The city of Philadelphia is eerily quiet this morning. On the door of my favorite coffee shop is a closed sign. There is no traffic on the streets.

50 warehouse automation stats you should know

6 River Systems

General warehouse industry statistics Warehousing costs & revenue statistics Warehouse efficiency statistics Labor statistics in the warehousing industry Automation adoption in the warehousing industry Warehouse performance metrics Warehouse automation stats: General warehouse industry statistics 1. Bureau of Labor Statistics , there are 18,182 private warehousing establishments as of 2018, up from 15,203 in 2008. in Q1 2017, the lowest since 2008.”

Where have all the Truckers Gone? 10 Strategies for Shippers to Fight the Capacity and Trucker Shortage

Cerasis

2009 was an exception due to the 2008–2009 recession.) Implement a Transportation Management System (TMS) to comprehensively manage logistics surrounding and including the shipping function as well as related performance metrics. Transportation capacity problems have been a volatile issue over the past twenty years or so.

Know sooner, act faster and accelerate your supply chain performance!

Kinaxis

It’s a Sunday morning in May 2008. Prioritized action lists based on impact to your customers or whatever key metrics drive your business can ensure that planners are working on what matters. by John Westerveld When things happen in supply chain, knowing sooner and acting faster can mean the difference between a major catastrophe and a minor hiccup in your supply chain performance.

Sales and Operations Alignment: Often The Missing Link

Supply Chain Shaman

However, in 2008 when the business grew +20%, inventories declined substantially, and part of his team won a Syngenta internal award, it became clear. In 2008 the market was ballistic. Lora has written the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters. I pushed aside Shane’s motorbike helmet and jacket to take a seat in his crowded office. It was a beautiful spring day in March in Basel, Switzerland.

Companies See Strongest Working Capital Performance Since Recession

Material Handling and Logistics

significantly improved their ability to generate cash in 2017, producing the strongest working capital performance since 2008. days seen in 2008, which was driven largely in changes made in response to the recession. CCC is a standard metric used to quantify the ability of companies to convert invested resources into cash, and incorporates payables, receivables and inventory.

Sustainable Logistics: Quantifying Sustainability Measures of Your Logistics

Cerasis

The volume of product damage occurring in between manufacturing and retail is substantial - a 2008 study by Deloitte estimated “unsaleable” product cost manufacturers $15 billion annually or 1-2% of gross sales. With the production of quality products creating less waste, the ‘scorecards’ for source reduction targets are met, provided to mass retailers and promoted, but no metrics are dealing with in-transit shipping damage.

Supply Chain Carbon Footprints: Do We Know What We Don’t Know?

The UCLA Anderson Global Supply Chain Blog

There are several different greenhouse gases, emissions of which are commonly aggregated into a single metric expressed in terms of an equivalent amount of carbon dioxide (CO 2 ) emissions.) 2008) suggest that, for the average sector, Scope 3 accounts for 74% of its total footprint. 2008) is correct, and that, on average, Scope 3 emissions are 74% of the total. 2008), we would expect to see 28.5 2008) does. By Christian Blanco , Felipe Caro and Charles Corbett.

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

Kinaxis

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.

How do we Drive Invention to Innovation in Planning?

Supply Chain Shaman

In 2008, I was asked to visit DuPont to talk about demand sensing. This was the case for DuPont in 2008. Lora has written the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters. This week, I spoke at the Chicago CSCMP round table event. I love to hear the thoughts from different speakers.

Takeaways from the 2018 Gartner Supply Chain Executive Conference

Kinaxis

In a highly inspiring key note presentation at the supply chain conference, Fareed Zakaria of CNN spoke about how the jobs recovery following the 2008 recession lagged the economic recovery by as much as 64 months while the same metric for the previous recessions was significantly narrower. Simon advocated that traditional metrics such as on-shelf availability (OSA) will need to be augmented with the likes of online availability (OLA).

How to run a supply chain war room that's ready for anything part 2: Planning for and preventing risk

EFT

Ed Barriball, Partner at McKinsey & Company, takes a similar position and suggests looking at internal systems and metrics first, with an emphasis on keeping it simple, followed by building out into easily available data sources. “I

Data 57

Who said supply chains are boring?: Supply Chain Corporate.

Supply Chains Rock

Doing its part, IBM has just released its corporate responsibility report for 2008 and it dedicates a big part of it to its supply chain. Here are a few highlights from page 32 "Supply Chain Responsibility: A commitment to collaboration": During 2008, IBM continued to implement its Supply Chain Social Responsibility initiative across its global network of suppliers. In 2008, IBM spent $1.5 Who said supply chains are boring?

Seven Thoughts to Build a Customer-Centric Supply Chain Organization

Supply Chain Shaman

In the fall of 2008 I attended a major consumer packaged goods company’s global customer team meeting. Lora wrote the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters. ‘Chin Music’ Definition: Idle Chatter, Idle Talk or Vague Explanations. Urban Dictionary. In my work as a supply chain analyst, and Founder of Supply Chain Insights, I attend many supply chain conferences.

Airbags and supply chain leadership

Supply Chain Movement

Although Honda, as one of their customers, initiated the first recall related to the Takata airbarg in 2008, only in May 2015 mr. Takada made an agreement with the US authorities on how to deal with the issue. Within the context of a potential recall the most important action to prepare yourself for one, is to create traceability with clear metrics including financial impact throughout your organization.

Spain 88

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

NC State SCRC

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. Vilsack, a former governor of Iowa, briefly ran in the 2008 presidential race and was considered by Hillary Clinton as a potential running mate in 2016. 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.”.

Cuba 46

Easier than reducing carbon footprint – 5 Steps to make a dent in the Huge and Hidden Cost of CPG Sustainability

Cerasis

The volume of product damage occurring in between manufacturing and retail is substantial - a 2008 study by Deloitte estimated “unsaleable” product cost manufacturers $15 billion annually or 1-2% of gross sales. with the production of quality products creating less waste, the ‘scorecards’ for source reduction targets are met, provided to mass retailers and promoted but there are no metrics dealing with in-transit shipping damage.

Supply Chain Disruptions: A Survival Guide - SupplyChainOpz

Supply Chain Opz

Resilience Project, its methods has been tested under many extreme circumstances such as, - 2008: Chengdu Earthquake in China. However, the logic Cisco uses to manage the disruption is very robust and details are summarized into the infographic below, Note: metrics data is for illustrative purpose. Metrics look very simple and its kind of nice to have something like these. In general, you may not be able to get all level of metrics. NAVIGATE. Basics. Case Studies.

IMO 2020 is Here. Are You Ready?

Supply Chain Game Changer

m/m in 2020 was taken way back in 2008 and it got ratified in 2016 in the 17th session of MEPC meeting. Reducing sulphur emissions by utilizing low sulphur fuel oils in shipping vessels will help reduce greenhouse gas emissions by at least 50% by 2050 compared to 2008 requirements. million metric tons annually. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Maritime Industry in Search of Blockchain Orchestrator!

Three Key Trends From The WERC DC Measures Survey

Lucas

This year’s survey showed the growing importance of labor-related metrics in assessing DC performance. Trend One: Labor Metrics Dominate . Every year the WERC report lists the top 12 metrics used by DC and warehouse managers and tracks how those rankings change from year to year. The metrics cover inventory, warehouse operations, financial, and labor-related measures. Conversely, the percentage of warehouses using automation was basically unchanged since 2008.

A “Swiss Army Knife” of Supply Chain Talent Requirements: Views from a Former Wolfpack Student

NC State SCRC

Stuart William was in one of my former MBA classes at NC State in 2008, and graduated into one of the worst economies ever in May of 2009. Relationship management, data modeling, problem solving, sourcing analysis, negotiation, data-driven decision-making, metrics development, forecasting, process flow, BOM understanding, MRP/production schedule, Pareto analysis, and information presentations are all key skills that he applies in his CPO role.

6 Common Supply Chain Mistakes and How to Resolve Them

AFFLINK

Managers must tie their efforts to mitigate risk with metrics that will result in the long-term support of higher management. While the planes were supposed to hit markets in 2008, supply chain management problems delayed the production for three years. Successful supply chain management requires a company to recover from disruptions, which are a normal part of any business.

Rockwell Automation: Supply Chains to Admire Winner

Supply Chain Shaman

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). In Figure 1, we include the orbit chart of performance metrics at the intersection of operating margin and inventory turns.

Handfield’s Top Supply Chain Predictions for 2016

NC State SCRC

Other indicators included data pulled from the Federal Reserve economic database, the Producer Price Index, the Purchasing Managers Index, as well as internal metrics such as the size of the company’s own sales force. This is a radical representation, as it requires thinking that the key performance metric in this case is agility and responsiveness to customer and technological change.

Rockwell Automation: A Case Study in Supply Chain Excellence

Supply Chain Shaman

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). In Figure 1, we include the orbit chart of performance metrics at the intersection of operating margin and inventory turns.

Next-generation supply chains: Efficient, fast and tailored

Global Trade Management

metrics that really impact the bottom line; the Leaders in our survey. arviem, founded in 2008, has grown organically to become the leading service provider for real-time cargo monitoring. ► 2008. (7). 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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Logistics Past, Present, and Future

Supply Chain @ MIT

While reliable service and low prices are still important, these metrics have become prerequisites for commercial success. One reason is the increased focus on cost control in the aftermath of the financial meltdown of 2008. “We Logistics on the move. The logistics role is changing according to John Wiehoff, CEO of C. Robinson. The logistics business has changed dramatically over the last 20 years. What will it look like a decade or so from now? John P.

Summary of Development and Manufacture Contracts in the Aerospace and Defense Industries

NC State SCRC

The contract may also include metrics and resulting consequences (late fees, etc.). Contract Management , IACCM, 15 June 2008, www.iaccm.com/resources/?id=7978&cb=1552185616. Our third contract research paper is by James Wilkinson, focusing on aerospace contracts which typically entail a great deal of risk (as illustrated by the Boeing 737 MAX incident…).

The Best Practice Frontier in the 3D Supply Chain Triangle

Arkieva

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.