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Today, we kick off our annual year end series highlighting the top blog posts in each of our 7 main categories: Manufacturing , Supply Chain , Logistics , 3PL , Business , Transportation , Freight. We will feature over the next 7 business days each category’s top 10 most viewed posts over the course of 2014. Read Full Post.
Functional Metrics and the Lack of Alignment to Strategy. Process-based companies continue to focus on manufacturing efficiency (OEE) and discrete on procurement (PPV) without designing the supply chain to balance transportation, manufacturing, and procurement to a balanced scorecard. Note the fall in 2014-2019.
We continue our top blog posts of 2014 from our main categories today by focusing on something at Cerasis we are experts in : Logistics. We’ve already listed the top 10 manufacturing blog posts and the top 10 supply chain blog posts last week. Top 15 Logistics Blog Posts of 2014. Read the Full Post. Read the Full Post.
We trudge on with our top posts from our main blog categories by page view for all of 2014 from the Cerasis blog by featuring another area Cerasis is an expert in: Transportation. Top 16 Most Popular Transportation Blog Posts of 2014. Let’s take a look at these trucking industry trends and what kind of facts they provide.
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.) Supply chain excellence was largely defined as manufacturing excellence.
Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. The manuscript is due to Wiley on March 1st for an August 2014 publish date. I need it for my conference on September 10th-11th, 2014. Which metrics do you think matter to supply chain excellence?
In 2014, ecommerce strategies grew in importance. At that time, manufacturers talked about customer-centric supply chains, but were afraid to aggressively adopt ecommerce strategies. Manufacturers, today, are aggressively pursuing e-commerce strategies. Problems continue, but 2014 was the year of experimentation.
” Hau Lee, October 2014. We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. Harvard Business Review.
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).
Bottom Line: Manufacturers are reaching a new level of results in 2018 because they have clearer, more actionable insights based on real-time manufacturing and quality metrics than ever before. Quality Metrics Enable Customer-Driven Manufacturing Networks. What Success Looks Like In A Customer-Driven Manufacturer.
Tomorrow, I get to deliver this message to a large manufacturing client. In addition, I am now done with the page proofs for my new book, Metrics that Matter. Instead, he wants to drive supply chain excellence and build the metrics that matter. The book publishes in December 2014. I am speaking at their global kick-off.
Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Note the elongation of the cash-to-cash cycle in the chemical industry of 38 additional days when comparing the 2014-2019 averages to the pre-recession period of 2004-2006.
I have learned that supply chain systems are more complex than I originally thought, and that the relationships between supply chain metrics are nonlinear. Recently, I spoke to a major European retailer that lost 5% of their grocery revenues to Amazon in the first quarter of 2014. And, in our Digital Manufacturing Study.
When you choose a company to transport your freight or to supply you with the materials you need to manufacture a product, you are putting your hard work and reputation in their hands. The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM.
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.
It started in manufacturing and spread, step by step, to improvements in the way the company runs its supply chain. This manufacturer already has business continuity plans in place. They built them between 2012 and 2014, and then enhanced them when better supply chain risk management solutions became available. It takes time.
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. A ranking in the top 2/3 of the peer group qualifies a company for further analysis.
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?
Three weeks is substantial and may tip the hand to reshore more manufacturing into North America. 2014 was not a good year for the western ports. In contrast, Kinaxis, a close competitor to E2open, went pubic in 2014 on the Toronto Stock Exchange. What started as a chassis issue is now compounded with labor negotiations.
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. We then rated companies on their ability to manage and improve a portfolio of metrics: operating margin, inventory turns and Return on Invested Capital (ROIC).
We developed the Supply Chain Index in 2014 as a way to measure supply chain improvement at a balance sheet level. I responded, by saying that I believe that the SCOR model and the Gartner Hierarchy of Metrics reward functional behavior and improve functional outcomes. Need for the design of buffers. The environments are strained.
Kinaxis is pleased to be a Premier Sponsor and participate in panel discussion of the 2014 EMEA Gartner Supply Chain Executive Conference. Hope to see you in the coming weeks! Gartner Supply Chain Executive Conference. September 10-11. London, UK. Wednesday September 10 th at 9:45 AM – 10:15 AM in Room Westminster B&C.
economic output into 2014. Analysts point to the steep decline in orders for new transportation equipment as evidence that manufacturers are seeing weakness. In reality, it may not be softening demand at the root of manufacturers’ slowdown in the bookings for new trucks, trailers and other equipment.
As we head into 2016, we are featuring our most read articles of 2015 in our five main categories: Manufacturing, Supply Chain, Logistics, Transportation Management, and Freight. Yesterday we published the top 10 most read manufacturing articles of 2015. . These metrics should be reviewed frequently to ensure supply chain success.
The report analyzes supply chain performance and improvement by the Consumer Products Leaders in the period of 2006-2014. In the selection of time frames to analyze, we look at the long-term view including the recessionary period of 2006-2009, the post recessionary period of 2009-2014 and the more recent time period of 2011-2014.
Manufacturers are Now Selling Directly to Consumers. Retailers can no longer have their heads in the sand, but neither can consumer products manufacturers. Note that apparel manufacturing is growing and apparel retail is declining. Manufacturers that want to have eCommerce capabilities are scrambling to catch-up.
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. million in net sales in 2014 over the previous year, a 25% increase to $2.1
In 2007-2014 Terra added inventory management, multi-tier demand sensing, transportation forecasting, and long-term forecasting. The adoption of Terra’s products were brisk until 2011, but during 2012-2014 sales softened, resulting in employee layoffs and downsizing. In the last decade E2open did not integrate acquisitions well.
I was attending the Zycus Horizons 2014 conference at Amelia Island today, listening to speakers. We don’t impact COGS much in financial services – but from an indirect side – we will continue to build procurement but won’t build the level of influence as manufacturing. It is amazing that we do the same things.
December is now upon us and before we know it we’ll be starting off 2014 right, which means it won’t be long until we’re all gathering in San Diego Feb 23 rd to 26 th for RILA Supply Chain 2014. Rick Keyes, Executive Vice President, Supply Chain Operations & Manufacturing, Meijer. Room 25, Tuesday Feb 25 th , 1:30 pm.
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.
Improving semiconductor manufacturing yields up to 30%, reducing scrap rates, and optimizing fab operations is achievable with machine learning. Manufacturers care most about finding new ways to grow, excel at product quality while still being able to take on short lead-time production runs from customers.
It is for this reason, that I discount the reporting by APQC, Institute of Business Forecasting (IBF) and Grocery Manufacturing Association (GMA) benchmarking data. Debra built the Gartner Hierarchy of supply chain metrics. With the lack of industry standard definition, self-reporting is not very useful. The reason is simple.
Former McKinsey analyst Markus Zils adds, “The circular economy aims to eradicate waste — not just from manufacturing processes, as lean management aspires to do, but systematically, throughout the life cycles and uses of products and their components. It is important not to confuse those metrics with the circular economy. Footnotes.
Datum: 3-4 December 2014. Every year, senior supply chain executives from pharmaceuticals manufacturers, medical devices manufacturers and hospital groups attend for elite-level, interactive peer discussions. Through interactive peer discussions, get up-to-date knowledge on: Theme One: End-to-end Supply Chain Metrics.
I was moving from a position where I led a manufacturing operation to being a part of a team to design supply chain software to improve planning decisions. I was moving from the world of manufacturing to a new world of software. The technology world moves at a quicker pace than the world of manufacturing and distribution.
Maybe I’m stating the obvious but… a lot has changed in the world of manufacturing since Keith Oliver of Booz, Allen and Hamilton Inc. 1] Data Acceleration: Architecture for the Modern Data Supply Chain, Accenture 2014. coined the term “supply chain management” in early 1982. Move over, 1982, it’s 2016.
This was not a trivial transition because the software industry, until relatively recently, was long fixated on measuring its health and success by new license revenue (sales of products) instead of customer-centric metrics, such as realization of ROI and payback objectives. Where is Descartes today? Keegan McCready, Sr.
While traditional forecasting approaches use statistics to model history assuming that historic shipments and order patterns represent future market patterns, in the times of market volatility, especially for manufacturers two-five levels back in the supply chain, traditionally forecasting is not adequate. We hope to see you there! _.
The article received a lot of positive social media attention, especially from people passionate about US-based manufacturing and small business entrepreneurs. Number 1, the Most Popular Article in 2014 – Build an Awesome Vendor Scorecard Program in 4 Easy Steps. Number 3 – One Easy Excel Formula to Track Shipments.
Using quantitative surveys, we collected the data in Figure 1 in 2014. The research is a study of large manufacturers. Lora has written the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters. Background. Five Lessons to Learn.
SanDisk Corporation designs, develops and manufactures flash memory storage devices and software. The company is the third-largest manufacturer of flash memory in the world. Orbit Chart for SanDisk for 2006-2014. SanDisk’s Journey to Build a Supply Chain Customer Segmentation Strategy.
3D Printing and Manufacturing. Those on the manufacturing side will likely need to build new models that accelerate product development and reduce cycle times while finding new ways to lower cost. Not an easy task. And of course, we’ll need those delivered same-day. And of course, we’ll need those delivered same-day.
The first post in this series broke down what is supplier quality management and the steps to evaluate suppliers and the second post gave you insight into the metrics to look out for by 6 major industries. Without great relationships with those carriers we would be unable to serve our shipper customers in the best way possible.
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