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For example, if I improve the cost structure in transportation, procurement, manufacturing and sales independently, what decision support framework decides the right trade-offs? In today’s architectures and functional metrics, value optimization does not exist. You are right. Before we get started, let’s agree.
While the performance rankings were based on comparisons of inventory turns, operating margin and Return on Invested Capital (ROIC) for the periods of 2006-2013 and 2009-2013, the concept is that to be a supply chain leader you must outperform and drive improvement. Aligned Metrics. Can you help us with what you see in the data?”
SAP Announces Second Quarter and First Half Results 2013. Here are some additional details from the press release: Data Services data sets will include mode-specific transportation costs and transit times, facilities cost estimates, demographics, risk metrics, duties and taxes, sustainability metrics and others.
I am looking at the data for 2000-2013 for several reasons. I am hearing it again in my interviews for the book Metrics That Matter. I define the resiliency measurement as the tightness of the pattern at the intersection of operating margin and inventory turns for the period of 2000-2013. We have stubbed our toes. Encompassing.
Nvidia, Northrup Grumman, PACCAR Inc, PCA (Packaging Corporation of America), ResMed, Rockwell Automation, Ross Stores, Taiwan Semiconductor Manufacturing (TSMC) Company, Tempur-Pedic, TJX, Toro, Toyota, West Pharma, United Tractors, and Urban Outfitters. The performance in 2022 is almost the same as that in 2013 (note the circular pattern).
Chainalytics Creates New Metrics for Demand Planning Consortium. Descartes’ GLN, route planning and transportation management solutions and deep domain expertise can help our retail, distribution and manufacturing customers in managing their global and local inbound logistics and delivery operations.”. . Be Sociable, Share!
turns in 2013. Kellogg posted 19% margin in 2013 and 6.96 turns in 2013 but fell to 11% margin and 6.05 Orbit Charts for Kimberly-Clark and Kellogg for 2013-2022 A good friend of mine, asked, “Isn’t this the impact of the pandemic.” This work completed in 2013 defined the Supply Chains to Admire.
The AMR Top 25 was the first methodology that tried to connect financial metrics with supply chain excellence. It elevated the discussion on supply chain excellence and drove more discipline and rigor in the use of financial metrics. See how different the progress is on this metric by industry? The intent was good.
It will be launched during a webinar on April 25, 2013 and through a series of reports that will run in our May newsletter and throughout the summer. However, we have found that only a few companies are improving the potential of their supply chain to balance supply chain metrics. This analysis has been fun and insightful.
3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance. As of November 2013, there were 31 GPS satellites in operation. We are all in business to be successful and profitable, aren’t we? Read more. . Read More. . Read More. . Read More. .
It was funded by 50 large consumer products manufacturing companies (CPG). In the dawn of e-commerce, conservative manufacturers, anteed up $240 million in four months. the company is owned today by 20 organizations representing manufacturers, distributors, hospitals and group purchasing organizations (GPOs).
In 2013, we will continue to serve this community by expanding services. This will be a monthly public two-day training course in manufacturing centers in Europe and the United States. This week, we are also announcing our Supply Chain Insights Global Summit to be held at the Phoenician on September 11th-12th, 2013.
I have taken myself off the road to write the book Metrics That Matter. Because he had reduced his buffers—both inventory and manufacturing—and had built a push-based supply chain using a forecasted demand signal, he was failing in many markets. It is a slow week. Most of my friends are on vacation. It is tedious.
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?
“The idea of the value chain is based on the process view of organizations, the idea of seeing a manufacturing (or service) organisation as a system, made up of subsystems each with inputs, transformation processes and outputs. ” Institute for Manufacturing, 2013. __. Tipping points are fascinating to watch.
I now have a working manuscript for the entire book of Metrics That Matter. There was no line in the bathroom at the Kansas City CLM conference in 2001, but there will be at the CSCMP conference in San Antonio in 2013. It appears SO barren from my window in seat 4D. It has been a good week. In fact, it will probably be a long line.
Notice how the water turns from blue to brown in Figure 3 with the lack of demand translation capabilities within the enterprise for manufacturing and logistics. Organizations can align to drive value despite the allegiance to functional metrics. With the increase in complexity, manufacturing cycle inventories rise. Mistake #5.
It is that time of year again where we feature the most viewed articles on the Cerasis blog in each of the six main categories we write about: Manufacturing, Supply Chain, Logistics, Transportation Management, and Freight. . Since we started the blog in January 2013, we have published over 650 blog posts. INFOGRAPHIC] Industry 4.0:
As I highlighted in my supply chain and logistics predictions for 2013 , tablets and smartphones are quickly becoming the preferred computing platform for business professionals, which is why technology providers are designing and optimizing their applications for these devices. Song of the Week: “Miracle Mile” by Cold War Kids.
In our work on the Supply Chains to Admire report , we tracked the progress of manufacturing, retailing and distribution companies for the period of 2006 to 2013 and 2009-2013. Performance of High Tech and Electronics Supply Chains for the Periods of 2006-2013 and 2009-2013. 2015 Supply Chains to Admire.
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. Discussion.
We have also featured on our blog over 90 guest bloggers featuring voices from experts in all of the five main categories who have talked about such subjects as the Skills Gap, Reshoring, Technology, Innovation, STEM, the Maker Movement, Lean Manufacturing and Supply Chain, the Internet of Things, and much much more.
Over the period of 2009-2015 only 88% of companies made improvement on the “Supply Chain Metrics That Matter.” (The The Supply Chain Metrics That Matter are a portfolio of metrics which correlate to higher market capitalization. I worked in Hong Kong for 4 years during 2009 to 2013.
The most popular posts are on demand management and Supply Chain Metrics that Matter. In 2013, we will continue to serve this community by expanding services. This will be a monthly public two-day training course in manufacturing centers in Europe and the United States. This is my 156th blog post to 5000 readers.
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). At Rockwell this includes all processes end-to-end except for manufacturing.
by Alexa Cheater From designing, sourcing and manufacturing, to distribution and consumption, your supply chain is at the heart of your customer satisfaction levels. trillion in cash according to a 2013 US Working Capital Survey. It has become a competitive weapon that could help you win the consumerism war.
These examples point to a key metric that’s emerging for quantifying the value of social networking : Time-to-Resolution. Also this week, I came across some interesting survey results from the Pew Research Center published in August 2013.
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). At Rockwell this includes all processes end-to-end except for manufacturing.
The “Top 15 Supply Chains to Admire” is the culmination of a two-year effort to evaluate supply chain performance and improvement for the years of 2006-2013 by industry by vertical for publicly-held companies.
At the 2013 Supply Chain Insights Global Summit, Rick Sather , now VP of Supply Chain for Jack-O-links stated that “there should be an app for that.” The event will be invitation only for fifteen manufacturers and fifteen technologists. And, then quickly retorted holding up his phone, “but, we all know that there isn’t.”.
It’s getting harder for product manufacturers to compete successfully in today’s global economy. GETTING OUT OF THE PRODUCT DEVELOPMENT RUT Whether it’s due to insufficient budgets, lack of resources, or limited performance metrics—some organizations surrender to the old way of doing things. Design for manufacturability (DFM) issues.
Recessionary environments cause disruptions in the manufacturing industry around the globe, leading to long lead times, shortages, rising prices, and complications in transportation lines. In 2013, Target experienced a data breach that exposed the personal information of 40 million customers. in 2021 compared to the year before.
Alignment on a Metrics Portfolio. OI) is a $7 billion manufacturer of glass bottles while Sonoco Products is a $5 billion manufacturer of paper packaging. The leadership team at Sonoco Products aligned a metrics portfolio against a business strategy in 2010. There are three simple reasons: Clarity of Strategy.
Alignment on a Metrics Portfolio. OI) is a $7 billion manufacturer of glass bottles while Sonoco Products is a $5 billion manufacturer of paper packaging. The leadership team at Sonoco Products aligned a metrics portfolio against a business strategy in 2010. There are three simple reasons: Clarity of Strategy.
In the process of compiling the Supply Chains to Admire report for last year’s Supply Chain Insights Global Summit , the research team at Supply Chain Insights calculated the rate of supply chain improvement of companies by industry for the period of 2006-2013 and 2009-2013. We studied this pre and post-recession.
Against this backdrop, it is interesting that many companies still depend on spreadsheets for demand planning and S&OP , as noted in the recent survey by APICS ( see Are Spreadsheets the Answer , SC Digest, September 2013 ). I think so. All that brain power and no way to scale their discussion, analysis, and decisions!
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.
MIT CTL partner companies participated in the Environmentally Sustainable Supply Chains Roundtable at MIT on November 21, 2013. On November 21 st , 2013, a group came together at an MIT CTL roundtable to address issues like these, and talk about related opportunities, barriers, and complexities.
Like the multi-billion dollar chemical manufacturer that had been paying market rates for ocean transportation for eight years because nobody realized that their contract, filed away in a drawer by a transportation manager who had left the company, had expired. From the article: Columbia Sportswear added $415.6 billion in worldwide revenue.
I remember speaking a few years ago with Art Mesher, Descartes’ CEO from November 2004 through November 2013, and he attributed the turnaround to Descartes’ shift from a “culture of selling” to a “culture of serving.” Simply put, real-time freight visibility is hot right now, with both customers and investors. Keegan McCready, Sr.
“To address these issues manufacturers are looking to continue to digitize their supply chains.” ” The survey found, “76% of manufacturers are adopting digital tools to gain enhanced transparency into their supply chain.” eft, 1 February 2013. [3] those situated offshore).” Only for turkeys.”
Overall Results on the Supply Chain Metrics That Matter. With a strong manufacturing culture, much of the focus was on lean production systems. In 2013, I wrote a post on the “two bookends of supply chain excellence in consumer packaged goods.” Supply chain leaders make progress in three-to-five years. New Bookends.
In July 2013 E2open announced it acquired supply chain vendor icon-scm , and in June 2014 E2open announced its acquisition of SERUS Corporation, a “cloud-based manufacturing and product management provider.” There is greater dependency on third parties for manufacturing and sourcing. However, there are no sure bets.
Often this data is rolled up organizationally, geographically or in distribution through performance metrics or key performance indicators (targets change with these roll ups). A high-tech contract manufacturer was growing rapidly through acquisition. safety stock or other planned parameters).
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