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It would be tempting to think of reverse logistics as forward logistics done backwards. Reverse logistic isn’t simply a reverse gear. Reverse logistics can also have a dramatic effect on steering a company’s fortunes. Reverse logistics is therefore worth doing, and worth doing properly.
It is data driven research: a deep analysis of performance, improvement and Price to Tangible Book Value of 320 companies across 31 industries for the period of 2009-2015. Check out their performance by plotting year-over-year metrics at the intersection of two ratios and look at the patterns. We hope to see you there!
At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. For the purpose of this article, I will use Return on Invested Capital (ROIC) as the proxy metric to discuss asset utilization.) I never calculated and accounted for the inter-dependencies between metrics.
A thorough analysis provided by the Council of Supply Chain Management Professionals , (CSCMP) in its “ State of Logistics ” report, indicates that by 2017, shippers in the U.S. 2009 was an exception due to the 2008–2009 recession.) Strive to accomplish a strong evaluation from carriers.
He is an industrial engineer with a diploma in transportation and logistics from the University of Applied Sciences in Bremerhaven. Over the period of 2009-2015 only 88% of companies made improvement on the “Supply Chain Metrics That Matter.” Here we share the interview with Ralf. About the Supply Chains to Admire Research.
Here’s what I wrote back on this date in 2009, as I recalled the events of that tragic day eight years earlier: I grew up in Brooklyn, New York, near Red Hook and the docks. Remembering 9/11 seems more important to me, even if it doesn’t directly relate to supply chain and logistics. They also lack process controls and metrics.
2009: H1N1 Outbreak in Mexico. 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. And according to the U.S. 2011: Thailand Floods.
We are trying to understand how supply chain leaders have raised the bar at the intersection of these four sets of metrics on the supply chain effective frontier. I also believe that it is because the organization is not incented to manage cash-to-cash metrics. The results have been eye-opening.
These examples point to a key metric that’s emerging for quantifying the value of social networking : Time-to-Resolution. Back in April 2009, only about 25 percent of 50-64 year olds were using social networking technologies, compared to about 78 percent of 18-29 year olds. That’s my bet, anyway. What’s yours? Be Sociable, Share!
As a result, many organizations are turning to third-party logistics providers (3PLs) and enhanced transportation management systems (TMS) to deliver the velocity, visibility, predictability and control they need. 3PL market has grown by roughly 7% annually since 2009 and is expected to reach $170 billion by the end of 2016.
It is data driven research: a deep analysis of performance, improvement and Price to Tangible Book Value of 320 companies across 31 industries for the period of 2009-2015. Check out their performance by plotting year-over-year metrics at the intersection of two ratios and look at the patterns. We hope to see you there!
However, digitization really became mainstream around 2009 when there were officially more “things” than people connected to the internet. Digitization is an essential cornerstone capability that enables Logistics to deliver its true potential. Why should Logistics Care about Digitization? Why should Logistics care?
In 2009, the United States boosted import duties on Chinese tires from 4% to 35%, and did so with only 15 days’ notice. Professor Yossi Sheffi is Director of the MIT Center for Transportation & Logistics. The post Guest Post: Ignoring this Performance Metric is Risky appeared first on Connect Blog by TMC, a division of C.H.
We have found that supply chain metrics are gnarly and complicated.During In our program, cost avoidance, while desirable, does not count towards the metric. Our approach simply breaks accountabilities and goals across the areas of Manufacturing, Logistics/Network Optimization and Ingredients/Packaging. What have you learned?
For December 2015, retail sales were the lowest since 2009. Their processes cannot ship and track the EACH and the outsourcing to third-party logistics is too expensive. Lora has written the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters.
Material Handling & Logistics ). Material Handling & Logistics ). As some component lead times push into 2023, the shortage is expected to last 24 months before it recedes – similar to the chip shortage of 2008-2009. Logistics Management ). How the Supply Chain Crisis is Impacting Businesses and Consumers.
The success of the third-party logistics industry is evident in the generally high marks given to 3PLs by respondents to a survey as part of the 2013 17th Annual Third Party Logistics Study, which identifies trends and explores how both 3PLs and shippers are using these relationships to improve and enhance their businesses and supply chains.
Tuesday, July 07, 2009. and $745 million internationally with first-tier diverse suppliers In 2008, IBM’s PELM operations worldwide processed 42,302 metric tons of end-of-life products and product waste. About.com - Martins Logistics Blog. EU Logistics Hub Blog. Latin American Logistics. Subscribe To.
Unfortunately, we find most companies are moving backwards on the Supply Chain Metrics That Matter (growth, operating margin, inventory turns and Return on Invested Capital) or are making progress on singular metrics instead of driving performance improvement on a balanced portfolio of supply chain metrics that correlate to market capitalization.
It would be tempting to think of reverse logistics as forward logistics done backwards. Reverse logistic isn’t simply a reverse gear. Reverse logistics can also have a dramatic effect on steering a company’s fortunes. Reverse logistics is therefore worth doing, and worth doing properly.
Mariotti states that you first have to measure it, and he outlines several metrics and techniques in the book, including ranking customers by annual sales, profit, and gross margin percentage. How do you reduce supply chain complexity, or at least slow its growth?
But to make their strongest case, SCRM advocates need to focus on one key metric: return on investment. It’s important to frame the program in strategic terms and to ensure that decision-makers understand the linkages between the tactical objectives of the SCRM and key metrics such as revenue, earnings, brand, and shareholder value.
However, digitization really became mainstream around 2009 when there were officially more “things” than people connected to the internet. Digitization is an essential cornerstone capability that enables Logistics to deliver its true potential. Why should Logistics Care about Digitization? Why should Logistics care?
Logistics and Distribution. In this blog I will focus on first couple of sub process of demand planning cycle - 1) Setting up demand planning objectives and metrics for different business units/customers/key items/locations 2) Setting up the frequency of the forecasting process (create/review/publish) with the time horizons.
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. In 2009 it lost two-thirds of their sales – and lost money for four years in a row. Upon graduation, there simply weren’t any jobs available at all!
He joined Logistics Bureau Group back in 2009 and commenced by running the benchmarking business known as Benchmarking Success. We set our performance targets according to the best-in-class metrics and I ended up helping these three companies successively achieve demonstrable best-in-class supply chain performance.
Logistics and Distribution. Insuring that each function, including online marketing, store operations and supply chain have common objectives, metrics and aligned rewards for the coming year. December 2009. November 2009. October 2009. September 2009. August 2009. April 2009. March 2009.
Logistics and Distribution. Example: For a shipper, number of shipments at a 3PL warehouse might be a relevant metric while the 3PL provider may be more interested in the number of shipments for all serviced shippers. December 2009. November 2009. October 2009. September 2009. August 2009. April 2009.
The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. With the right strategies in purchasing, logistics and supply chain, you can navigate through a recession and come out as a winner.
Founded in 2009, Forerunner Ventures specializes in investing in commerce-related businesses including Warby Parker, Away, Jet, Hims, Hers, Glossier, Bonobos, and others. A thorough understanding of metrics that prove out business models. Most founders don’t get into business to take on logistics. Forerunner Ventures.
Logistics and Distribution. Consistent Business Intelligence - BI metrics can be obtained consistently across the entire business banking on the foundation of single version of master data. December 2009. November 2009. October 2009. September 2009. August 2009. April 2009. March 2009.
Logistics and Distribution. IT enablement in areas like Mobile work management, Health and Safety, Metrics monitoring (KPI) etc. December 2009. November 2009. October 2009. September 2009. August 2009. April 2009. March 2009. February 2009. January 2009. Financial Services.
Logistics and Distribution. In this step, the actuals are compared with the planned metrics (MAPE, forecast accuracy, bias etc.) December 2009. November 2009. October 2009. September 2009. August 2009. April 2009. March 2009. February 2009. January 2009. Financial Services.
Logistics and Distribution. Some of those are Cognos, iLog, SPSS, Core Metrics, Emptoris, Vivisimo and many others, as world is moving from reactive to proactive. December 2009. November 2009. October 2009. September 2009. August 2009. April 2009. March 2009. February 2009.
Logistics and Distribution. A further benefit of integration of these many systems is to allow organizations to effectively report on their sustainability metrics. December 2009. November 2009. October 2009. September 2009. August 2009. April 2009. March 2009. February 2009.
The company has achieved 34 consecutive quarters of profitability, and it has more than 146,000 parties connected to its Logistics Technology Platform exchanging more than 4.5 Note: Descartes and Transplace are Logistics Viewpoints sponsors. Revenues increased 14 percent and net income increased 8 percent compared to Q1 FY13.
The topic of the meeting was the logistics to launch of the AMR Research Top 25. When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. The research project analyzed 1200 combinations of 180 metrics for four hundred companies for the period of 2010-2012. The result?
In 2008-2009, nine died and hundreds became ill. The investigation into the activity at PCA began in 2009, after the U.S. An example is the work on Performance Based Logistics (PBL). Lora wrote the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters.
Abby and I are writing an e-book on Supply Chain Metrics that Matter. Likewise, in today’s supply chain environment, I find that supply chain leaders favor a single function of logistics, manufacturing or sourcing. Companies that are not looking holistically at metrics are stuck. It will publish in the early summer.
I want to understand why some companies outperform on the Supply Chain Metrics That Matter while others do not. The Company was my client for many years at AMR Research, and when I look at Mark’s slides for the webinar, I see many of the elements that we heatedly debated in the period of 2009-2010. I am on a mission.
Here’s what I wrote back on this date in 2009, as I recalled the events of that tragic day eight years earlier. Remembering 9/11 seems more important to me, even if it doesn’t directly relate to supply chain and logistics. They also lack process controls and metrics. Author’s Note: Today is September 11. I never forget.
And now on to this week’s logistics news. terawatt-hours of solar power would eliminate more than 112 million metric tons of carbon dioxide emissions annually, the report found. Since the launch of its recycling program in 2009, Best Buy has recycled over 2 billion pounds of electronics and appliances. Generating the full 185.6
During the Great Recession of 2007-2009, demand decreased rapidly for container shipping, causing a chain reaction for carriers. Reserve the right to reduce your quantity commitment (MQC) based on specific declining carrier metrics such as on time performance, services scope, transit requirements and direct ports of call.
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