This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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.
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. This report outlines the trends they uncovered. Read the Full Blog Post.
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.) Understanding this relationship requires modeling. (A A Case Study.
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?
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. As I wrote earlier this year in Is Your Business Model Safe? ,
Wikipedia In 2014, I was exploring methods to publish what is now the Supply Chains To Admire report. The use of orbit charts allowed me to see the patterns of performance at the intersection of metrics over time. We purchase data from Y charts. (A We have archived corporate reporting from Y charts for 1982-2023.
In the height of the e-commerce craze, the marketplace offerings started with a focus on e-procurement. The widely-held view was that the e-procurement market would fuel the next generation of marketplace applications. The rebirth of marketplace offerings is not on the back of e-procurement or ERP. The debates were heated.
How aligned do you believe your organization is to drive these metrics? One of my favorite case studies was Campbells in 2014. See the World Kitchen case study in the Agility Report. A good leader knows that cost reductions in the back office does not necessarily improve margins. Is your plan feasible? Were they used?
In 2014, ecommerce strategies grew in importance. It was great to see click and pay on the London tube, and I love some of the new models that are being developed in grocery and specialty stores for purchases on-line and pick-up at the stores. Problems continue, but 2014 was the year of experimentation. Details matter.
According to a July 2014 supply chain research study from Accenture focused on Big Data and supply chain risk management, most organizations have high hopes for using big data analytics in their supply chain but many have had challenges in deploying it. You can start small with a few trading partners and expand over time.
The consulting team pitches a theme–vision of supply chain best practices, big data analytics, or demand-driven value networks– to the executive team, and a new project is initiated. It was also the preference of the consulting partners because the projects were longer, more costly and better aligned with the consulting model.
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.
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. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). Cost of quality. The definition of this metric is similar to the way it sounds.
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. Why It Matters.
For example, Infor purchased GT Nexus in 2015; OpenText purchased GXS in 2014, GHX purchased H-Card, LLC today; E2open purchased Terra Technology in May 2016 and Orchestro on Monday. Thoma Bravo purchased Elemica in June 2016. This puts unlikely assets together; and as a result, market confusion reigns.
I am speaking this morning at the Terra Technology conference and doing a book signing of my new book, Supply Chain Metrics That Matter. In parallel, I have been hard at work on a report on multi-tier inventory optimization for the last two weeks. It will delay my report. ILOG was then purchased by IBM for $340 million in 2008.
And yet, prior to replacing a legacy inventory management system and implementing a supply chain analytics solution from FusionOps , the share of merchandise the company delivered on-time and in-full was a dismal 28 percent! How did this vast improvement in a key supply chain metric translate into financial performance?
Today Thoma Bravo, a private equity investment firm, announced a definitive agreement to purchase Elemica, a provider of Supply Chain Operating Networks for the chemical industry. In 2014 Thoma Bravo acquired GHX, a Supply Chain Operating Network for healthcare. In 2014 OpenText acquired GXS. Together, we built this model.
Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. All KPIS have metrics to measure.
The procurement Summit 2016. Building on the huge success of eWorld Procurement & Supply – which has been running bi-annually in London since 2001 – the new Procurement Summit will bring together 150 purchasing and finance professionals from across the commercial, public and third sectors. Procurement Automation.
As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. In 2007-2014 Terra added inventory management, multi-tier demand sensing, transportation forecasting, and long-term forecasting. The Company has a checkered past. It is a new buyer.
Completed in 2012, the ERP project forced the company to standardize organizational design, roles, and metrics. Over this period of 2013-2014 Shell made good progress on inventory, but faced unprecedented supply price volatility. Shell operates as a single-instance of SAP Enterprise Resource Planning (ERP). The reason?
No Purchase Orders were used. There was no inventory carrying costs or concern for inventory turns. Supplier Quality Management: What it is, 5 Key Metrics to Know & a 4 Step Supplier Evaluation Process. There should be metrics involved to monitor these objectives to ensure success across the supply chain.
Circular economic business models encourage continuous reuse of materials to minimize waste and the demand for additional natural resource consumption.”[2]. Kadir van Lohuizen ( @mediakadir ) reports, “The world generates at least 3.5 It is important not to confuse those metrics with the circular economy. ”[2].
I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value. Orbit Chart for SanDisk for 2006-2014. Most supply chain planning teams do not know their customers.
Using quantitative surveys, we collected the data in Figure 1 in 2014. This week, I am finishing two reports: Sales and Operations Planning, and Inventory Optimization. These two reports will make all the vendors in the industry angry. Summary Data of User Satisfaction with Supply Chain Planning Applications. Background.
Reporting on this development, Jennifer Smith ( @jensmithWSJ ) and Sarah Nassauer ( @SarahNassauer ) write, “Looking to cut inventory while meeting e-commerce demands, the retailer wants more of the goods it orders delivered on time and in full. ” Purchasing – “The KPI most used in Purchasing Departments is Stock Turn.
There should be metrics involved to monitor these objectives to ensure success across the supply chain. These metrics should be reviewed frequently to ensure supply chain success. Fully comply with generally accepted accounting principles (GAAP), external reporting regulations, and internal reporting requirements.
Many organizations will play the shell game of reporting forecast error so that the numbers look better: either calculating the forecast at a higher level in the forecast hierarchy (not at the item level) or reporting the data as a Weighted Mean Absolute Error. This gives supply chain leaders a false sense of security.
Set reorder points for your most frequently purchased items As your business grows, it can be difficult to keep track of the right time and stock level at which to reorder more products. Setting reorder points for the most frequently purchased items can help significantly improve inventory efficiencies and save costs.
Software vendors and those involved in the purchasing decision have always viewed “function” as more important than “form.” You also need to give power users, the people who have to work and deliver results with the application every day, a greater voice in the purchasing decision. Simply put, many user interfaces…. I also wrote….
It also is increasing the number of ‘carbon neutral’ brands it offers as consumers increasingly value this attribute when they purchase a product.”[6]. ”[8] As a result, by spring 2014, Google data centers used 50% less energy than the industry average. Why sustainability is important. ”[6].
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.
And of course, there’s the issue of profitability: a study from Deloitte in 2014 highlighted the importance of a healthy supply chain to an organisation’s bottom line. It’s a combination that provides real-time inventory tracking, from purchase to warehousing through to the sale and delivery of products. Orchestrate.
Instead of a dedicated team managing supplier relationships, it might be the procurement manager who manages that as part of their role. Convenience is no longer the main driving force behind purchasing decisions. Today’s consumers are not bound to purchasing options as dictated by retailers. Fast-changing consumer habits.
The cost of recovery from a disruption in procurement management depends on factors such as supply source, volume, manufacturing location and inventory. A group purchasing organization typically finds that it spends 80 percent of its budget on their top 20 suppliers, and they also organize other resources such as time by spend.
Let's talk about the outputs, or desired metrics worth measuring, in each category of what a logistics company might provide. As we have now taken a step back to first understand how to create stakeholder value for the organization (shipper) who is looking to engage in the partnering with a logistics company.
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.
million into procuring resources from South Sudan and training coffee farmers. According to a company press release, Starbucks purchased its first crop in the Republic of Congo in 2014 and has helped many local farmers since then. Nestle made efforts to repair the war-torn area, investing $2.5
million into procuring resources from South Sudan and training coffee farmers. According to a company press release, Starbucks purchased its first crop in the Republic of Congo in 2014 and has helped many local farmers since then. Nestle made efforts to repair the war-torn area, investing $2.5
Many metrics can be used to determine the top 3PL warehousing companies, such as company revenue, the number of warehouses, total warehouse square footage , etc. This compilation is based on the most currently available company revenue data (between 2018 and 2020) without factoring in any other metric. Møller Mærsk Group.
He then went into global imports for the central purchasing group in Raleigh. This was a lot of planning, a lot of analytics, and a lot of work. By 2014 and 2016 revenue was back up to almost its previous high point. At that time Carquest went up for sale, and this led to a position at Marsh Furniture. Today, we are at 5.5M
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content