Insights from Elemica reveal 2014 Frankfurt

Talking Logistics

That was my opening question to the executives attending last month’s Elemica reveal 2014 Conference in Frankfurt. Meanwhile, the Red Sox won the World Series in 2013, going from worst to first in one year — and then back to worst in 2014. “Business Impact of a Supply Chain Operating Network,” Dr. Bernhard Herzog, Oxea, Elemica reveal 2014. “Elemica Logistic Tools in Shell Chemicals,” Herman Woltjes, Shell Chemicals, Elemica reveal 2014.

Top 15 Logistics Blog Posts of 2014

Cerasis

We continue our top blog posts of 2014 from our main categories today by focusing on something at Cerasis we are experts in : Logistics. In fact, the logistics space is so broad, we couldn’t give you only the top 10 blog posts of 2014, but we had to include the top 15. Top 15 Logistics Blog Posts of 2014. Instead of becoming overwhelmed with data, managers should identify and focus on the most useful warehouse metrics to gather, report, and apply.

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Supply Chain Metrics that Matter

Supply Chain Movement

Supply Chain Metrics That Matter makes this truth clear enough with its thorough analysis of recent multi-industry performance trends. Supply Chain Metrics That Matter was written to guide businesses through the change process with a measurementbased outlook that will help any organization stand the test of time. Peppered with real-world examples from across industries, Supply Chain Metrics That Matter reinforces ideas with evidence.

Your supply chain is costing you money – Reason #9: Relentless pursuit of one metric at the expense of other metrics.

Kinaxis

Reason #9 Relentless pursuit of one supply chain metric at the expense of other metrics. Yet, these are similar instructions as what is passed down to the supply chain from executives focused on a specific supply chain metric. Why do companies focus on reducing a specific metric? Some of the more likely are; A metric (like inventory performance) is monitored by financial analysts and therefore tied to stock valuation. by John Westerveld.

Supply Chain Power 50: Best Supply Chain Blogs of 2014

Supply Chain Opz

Please drop us a line to bloggeradmin [at] supplychainopz [dot] com with the subject " Blog Nomination " by the end of March 2014. At the beginning of each year, many supply chain blogs/sites publish the articles about their most popular contents of the year or make the predictions for things that might happen in the coming year. For SupplyChainOpz, we will do something a bit different, we will uncover the most outstanding supply chain blogs and their contents.

Supply Chain Metrics To Avoid Before It's Too Late!

Supply Chain Opz

Supply Chain Metrics are one of the most important best practices in supply chain management because " You can''t manage what you can''t measure ". However, under certain circumstances, metrics are not used or implemented properly. This article will explain to you 7 kind of supply chain metrics that you should pay special attention to. 2) Utilization Metrics : machine utilization is a classic example of this kind of metric. It''s the inventory metric).

Takeaways from Roadnet perform 2014 User Conference

Talking Logistics

I’ve been using the word convergence to describe many of the trends occurring in the supply chain and logistics field today, and convergence was certainly evident at Roadnet’s perform 2014 User Conference a few weeks ago. Mobilecast On Track , “a low cost, durable, phone-based solution designed specifically to help track your mobile resources and provide metrics for management.”. ——– Excerpt of presentation delivered at Roadnet Perform 2014.

Elephant in the Room: Thoughts on Metrics That Matter in Semiconductor and Hard Disk Drives

Kinaxis

Supply Chain Insights recently published a Metrics That Matter report covering both the Semiconductor and Hard Disk Drive (HDD) industries. Semiconductor is poised to consolidate, which will have huge impact on the metrics. If you’d like to read the Supply Chain Metrics That Matter: Semiconductors and Hard Disk Drives report in its entirety, you can download a copy here , with no registration required. by CJ Wehlage.

This Week in Logistics News (February 17-21, 2014)

Talking Logistics

According to the product sheet , “Oracle Global Trade Intelligence provides a dashboard view into the unique metrics by which your customs and compliance operation measures success. Tweet The post This Week in Logistics News (February 17-21, 2014) appeared first on Talking Logistics with Adrian Gonzalez. I went downhill skiing for the first time in 15 years yesterday. A lot has changed since then, especially the lift ticket prices.

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Writing: Working on My Book

Supply Chain Shaman

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. I recently interviewed him for my upcoming book, Metrics that Matter, that publishes in August 2014. Which metrics do you think matter to supply chain excellence?

Let the Design Begin…

Supply Chain Shaman

I smiled as I began to present the story of the “Metrics that Matter.” Market-Driven llamasoft Metrics That Matter network design value-based design This week, I spoke at the Llamasoft Summercon Conference. It was held at the University of Michigan in Ann Arbor. The conference was low-key. The University building was old, and well-worn. The doors hung precariously on their hinges, and the steps were uneven. The shelves needed a good dusting and the air was musty.

No Trash Talk Allowed

Supply Chain Shaman

While all leaders can agree that they want more assets and less trash, there is confusion about the best metric. ROIC: Colgate and other consumer products companies swear by the Return on Invested Capital (ROIC) metric. When we correlate these three metrics to market capitalization, ROIC correlates in 85% of the industries, and RONA and ROA in 25% of industries. The more work that I do on metrics, the more I become a fan of ROIC. Definition of Asset.

The Most Popular 16 Transportation Blog Posts from 2014

Cerasis

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. Transportation Metrics That Matter Most to Track and Improve Performance : How do you measure logistics efficiency and transportation metrics performance indicators when you are already doing the best job possible?

The Top 10 Manufacturing Blog Posts from 2014

Cerasis

We will feature over the next 7 business days each category’s top 10 most viewed posts over the course of 2014. These will only contain posts written in 2014. There were approximately 220 blog posts in 2014, and over 200,000 page views on those posts alone. Top Manufacturing Blog Posts for 2014. Finally, the top 10 list was rounded out safety and metrics. As each year comes to a close, we all look back on the year that was in reflection.

Defining Supply Chain Excellence: One Column at a Time

Supply Chain Shaman

I am hearing it again in my interviews for the book Metrics That Matter. More encompassing of metrics beyond the growth, inventory and Return on Assets (ROA) metrics used in the Gartner Top 25. “Lora in your own way, you are helping. You tell it straight. You are pissy and opinionated in this world of supply chain blandness. I find it refreshing.” ” Quote from a reporter this morning. The term supply chain excellence is easier to say than define.

Is the Package Under your Tree?

Supply Chain Shaman

In 2014, ecommerce strategies grew in importance. Problems continue, but 2014 was the year of experimentation. The brand owner is always responsible for service, and from what I see in the 2014 holiday period, many of these stories are ripe for Saturday night live. Some of the packages on the trucks moving right now are the first shipments of Metrics that Matter. Details matter. Execution is essential. …it might make a difference on what is under your tree.

Three Questions People are Afraid to Ask….

Supply Chain Shaman

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. In parallel, we are busy building a simulation game for organizations to play to understand the concepts of managing the metrics as a system and the importance of outside-in processes.

C’est FINI!

Supply Chain Insights

I love the sound as it rolls off my tongue; but yes, the Metrics that Matter book is finished. Joe’s struggle is focused on figuring out what is possible in driving supply chain metrics, and how fast can he move forward. Uncategorized metrics that matter simulation activity Supply Chain Insights Global Summit Fini is the French word for finished. I finished the page proofs last week. The book is the end of a long journey.

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Lora Cecere on Supply Chain Metrics that Matter

AIMMS

Interview with Lora Cecere, Founder and CEO of Supply Chain Insights and Author of Supply Chain Metrics that Matter ( published December 2014 ). Metrics that Matter became a three year research project. I hired a research assistant to look at balance sheets and looked at performance and really tried to figure out which metrics mattered. I realized that many organizations are very confused about metrics. You say that the process to metrics maturity is a journey.

New Books for Your Bookshelf

Supply Chain Insights

This year, we will publish two new books: Supply Chain Metrics That Matter and The Shaman’s Journal. Supply Chain Metrics That Matter will publish in December 2014. It is a story of a fictional leadership team that uses the Supply Chain Index to determine which metrics matter, how to judge supply chain improvement, and how to gain alignment. The book details what is possible, and at what rate, for metrics improvement based on lessons from leaders.

XX and XY: A Different World in Supply Chain

Supply Chain Shaman

I now have a working manuscript for the entire book of Metrics That Matter. The deserts of the southwest sprawl below me as the plane ascends from San Diego. It is such a very different landscape than the green mountains of my farm in West Virginia or my city streets in Philadelphia. It appears SO barren from my window in seat 4D. It has been a good week. Writing this book has been like a black cloud hanging over my head.

Let the Qs Begin

Supply Chain Shaman

Aligned Metrics. To ensure the management of the complex system, the metrics of operating margin, inventory turns, ROIC, customer service, revenue, and forecast accuracy need to be managed together as a non-linear system. Last week was the Supply Chain Insights Global Summit. It was great to see old faces at the kick-off. 110 supply chain leaders attended. I smiled on the week following the conference as the accolades piled up in my inbox.

Mush

Supply Chain Shaman

As a result, the metrics have to be viewed together as a pattern over time. In the journey, the supply chain leader needs to improve the potential of a portfolio of metrics. The metrics of growth, Return on Invested Capital, Inventory Turns and Operating Margin have the highest correlation to market capitalization. I find value in looking at these metrics together. These metrics are inter-related and the relationships are not linear.

Which Metrics Matter? Interview with Philippe Lambotte

Supply Chain Shaman

My journey to understand supply chain Metrics That Matter started three years ago. Balance: The ability to balance a portfolio of metrics to maximize market capitalization and free cash flow. The early results from the ASU study will be featured in the book Metrics that Matter and it will be the core of the upcoming Supply Chain Global Summit on September 10-11, 2014 in Scottsdale AZ at the Phoenician. (We How do you balance metrics ? .

What Is the Value of a Scorecard?

Supply Chain Shaman

The book, Metrics That Matter , is almost finished. People cannot get enough on metrics. It is about the right balance of the carrot and the stick. Progress happens when you measure. Relationships happen faster when there is more carrot than a stick. Over the last decade, scorecards have become more of a stick than a carrot. Reflections. Some days, in my coverage of consumer value networks, it seems like we are making slow progress.

Judging Supply Chain Improvement: Campbell Soup Case Study

Supply Chain Shaman

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. The good news is that the team was aware of the results and feel that they have righted the ship in 2014. Over the course of the last two years, we at Supply Chain Insight s have worked on a methodology to gauge supply chain improvement. We named it the Supply Chain Index.

Power B2B Networks

Supply Chain Shaman

If you miss reading the Shaman in the next few weeks and you want some new reading in the area of supply chain excellence, consider tucking my new book Metrics that Matter into your suitcase. I am working on the plot… Let me know what you think happens to Joe (the character in Metrics that Matter that does not want to be the average Joe) in the next edition.

How Do I Know If I Am Ready?

Supply Chain Shaman

I also continued to work on the manuscript for the book Metrics That Matter to publish in the fall of 2014. “How can I move the ball down the field, if I don’t have the ball?” ” A Question from my Training Class this Week. “How do I know if I am ready for cool technologies? Especially demand sensing and shaping?” ” A Demand Planner for a Large Multinational Pharmaceutical Company. Last week was a blur.

Misnomer

Supply Chain Shaman

This starts by clearly defining the roles of each function, and then focusing the cross-functional teams on the same metrics. When all functions are jointly focused on improving these metrics, then we can have one team. We are a month away from the publication of Supply Chain Metrics that Matter. Misnomer (n): A wrong name. The misuse of a term or name. Merriam-Webster Dictionary. I am a supply chain gal. I work with many organizations on their supply chain strategies.

Q&A on the Supply Chains to Admire

Supply Chain Shaman

I am surprised at how many companies are raising improvement in one of the three metrics, but not driving performance improvements in the total portfolio. We find that companies will establish metric targets in isolation and throw the supply chain out of balance. Today we published a new report, Supply Chains to Admire. It is the end of a two-year research project, and identifies which publicly held companies outperformed their peer group on balance sheet results.

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

Kinaxis

by CJ Wehlage The Supply Chain Insights annual conference was held on September 10-11, 2014 at the Phoenician in Scottsdale, Arizona. While there was always passionate discussions on companies and metrics, the end goal was to raise awareness of supply chain as a practice. However, they seem to fall under the conglomerate issue, where multiple business units may skew the summary metrics.

Throwing Down the Gauntlet

Supply Chain Shaman

I think about this discussion with Keith often as I work on the Supply Chain Index and edit the chapters of Metrics That Matter. “We live in a world where supply chains, not companies, compete for market dominance. But companies often have diverging incentives and interests from their supply chain partners, so when they independently strive to optimize their individual objectives, the expected result can be compromised. ”.

Don’t Let the Old Horse Die

Supply Chain Shaman

2) The focus needs to be on driving a balanced portfolio of metrics that goes across the organization. To do the analysis, we cross tabbed multiple studies that we completed in 2013 and 2014 and then enriched the data with our financial ratio data base. Sales and operations alignment. It is the promise. For many this seems like an old horse to ride.

Redesign to Improve Value: A Case Study of a Supply Chain Leader

Supply Chain Shaman

One of my favorite interviews on this topic, that I recently completed for my upcoming book Metrics That Matter , was with Amway’s Chief Supply Chain Officer George Calvert. Service level is our most important metric. Reliability in both of these metrics is critical. This week, I will speak at Llamasoft’s conference on improving supply chain network design. I am also busy this Saturday writing reports for our Tuesday newsletter.

Introducing Supply Chain Power Influencers on Twitter

Supply Chain Opz

Related Metrics There are 3 other metrics dedicated to the measurement of social media influence as below, 1) Klout develops Klout Score, the number between 1-100 that represent influence (the ability to drive action). Data Collection As you may notice, "retweet" is the key metric for influence measurement and each database adds its own secret ingredients. 3) "Average Retweets" or "the average number of retweets each user get per tweet" is used as a ranking metric.