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
Here are my predictions for 2018: Supply Chain Excellence as We Know It Is Redefined. This includes SCOR, APICs, Gartner Top 25 Supply Chains, Gartner Hierachy of Metrics, etc. Manufacturers and retailers are bundling goods and services to drive solutions. Confluence of Technologies. Realization that Integration Is a Mistake.
As 2018 comes to an end, a quick thank you to all of our readers, followers, and sponsors for another great year of learning and conversation on Talking Logistics. logistics executive at manufacturing company. “I Top 10 Talking Logistics Posts in 2018. 2018 Parcel Oversize Changes: Tightening of the Vise. I like that.
We continue our series on the top 5 blogs in our 4 main categories ( Freight , Manufacturing , Logistics , and Supply Chain ). Our last post covered the Top 5 Manufacturing blogs of 2016. We have already covered the top 6 trends for 2016 in manufacturing. Read More About the Metrics for Supply Chain Here.
million vehicles cross the bridge annually, or about 30,000 per day, according to the Maryland Department of Transportation. Amazon Pharmacy, born out of the company’s 2018 acquisition of online pharmacy PillPack, allows customers to order prescription medications for home delivery, with free shipping for Prime members.
It’s the reason why On Time In Full (OTIF) is a critical supply chain metric today. Like many other leading logistics service providers, Transplace invests significantly in technology, including its own software-as-a-service transportation management system (TMS). Transplace TMS Screenshots (source: Transplace).
[WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Leverage Inventory as Data When systems communicate, they create inventory data, but actual inventory can be turned into data points and metrics to understand the flow of products. Download white paper.
The number one question that I am asked today by manufacturers across all industries is “How can I improve customer service?” A common issue in financially-driven companies is the heavy utilization of manufacturing assets past reasonable limits throwing the supply chain out of balance. Background. 4 Maximize Buffers.
Supply chain skills in high demand, digital twins, disruptive technologies, and other takeaways from the 2018 Gartner supply chain conference. Alexa Cheater (@Alexa_Cheater) May 15, 2018. This will call for partnerships with service providers, enabling the ‘Uberization of transportation’ and warehousing.
confectionary business in 2018. The New York Times reports that the takeover would combine Ferrero, a family-owned company that makes Tic Tacs, Ferrero Rocher candies and Nutella spreads, with the producer of Frosted Flakes, Froot Loops, Rice Krispies and other cereals.
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.” (The Ralf has worked at BASF since 1989 in a variety of jobs across continents.
After a year full of more scandals, indictments, political contentiousness, workplace violence, school shootings and natural disasters, maybe it’s time we all took a collective breath and focused on some of the positives that came out of 2018. Content Summary: Personal Mover Transports Employees around BMW Plant.
Outside of the Paris Agreement, the European Union (EU) has a goal of reducing greenhouse gas emissions from transport by around 60 percent below 1990 levels by 2050. Cost reductions sometimes go hand-in-hand with GHG reductions, but some measures could increase transport costs. Corporate Responsibility.
In their time lean manufacturing and just-in-time were game-changing concepts. Manufacturers need to extend visibility and collaboration beyond their own walls to avoid any disruptions. Most manufacturers have ranked increased transparency and collaboration as one the key aspects impacted by the COVID-19 crisis.
E-commerce has presented wholesale distributors and original equipment manufacturers (OEMs) with a crown opportunity for growth, but it comes at the cost of transitioning from single-channel shipping. percent from the first quarter of 2018. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018.
The people on the ground–my contacts in the 3PL, freight forwarding and transportation industry–know that the labor strife is only a part of the larger story. In 2018, the Journal of Commerce reports that a container will have 22,000 to 24,000 twenty-foot containers in 2018. The ships are getting larger.
Attackers can tamper with hardware or firmware during manufacturing or shipping. One example was discovered in 2018. How Do IT Supply Chain Attacks Actually Happen? By Richard Pearson (pictured) Content Writer 49 Views IT supply chain attacks are no longer rare. Hardware and Firmware Some attacks go even deeper.
Increased Shipping Costs, Delays, and Transportation Issues. 49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market. Global paper output is expected to be 4 million tons short of its 2018 level, with predictions of 416 million tons in 2022.
Our look at the Top 25 (plus 4) Supply Chains of 2018 examines how the best companies in the world excel at managing their global supply chains. So the CSR score too is more of a popularity contest than a consistent metric. In other words, these companies are all multinational giants in their respective verticals. Media Image.
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. Descartes Systems Group Revenue 2006-2018 (Source: macrotrends).
To gain insights on that question and more, Adelante SCM and BluJay Solutions conducted a web survey of supply chain and logistics professionals in March 2018. A total of 137 respondents completed the survey from Manufacturing, Retail, Logistics Service Provider, and other companies in the Americas, EMEA, and APAC.
In today’s turbulent trading environment, strong global transportation management capabilities deliver exceptional benefits and value. manufacturers found that 60% of the companies operating in China are considering moving operations to other Southeast Asia countries in the next few years. A very recent survey of U.S.
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.
For example: Optimizing a distribution network not only reduces logistics costs but, in most cases, reduces carbon emissions through fewer transportation miles and/or less inventory holding costs. Source: Nielsen Product Insider, 10/20/2018. As a supply chain manager, how do you start your journey to becoming a Green Superhero?
Common sense alone tells you automobile manufacturers face different risks than cosmetics manufacturers. ”[1] The report focused on four key metrics: supplier criticality, supplier financial risk, global sourcing risk, and foreign exchange risk. ” IndustryWeek , 18 May 2018. [3] Identifying risks.
CP has recorded annual losses in each year dating back to 2018, and was on pace to completely deplete its cash reserves by Q2 of 2025 before the federal government stepped in with a $1 billion lifeline in January.
General warehouse industry statistics Warehousing costs & revenue statistics Warehouse efficiency statistics Labor statistics in the warehousing industry Automation adoption in the warehousing industry Warehouse performance metrics Warehouse automation stats: General warehouse industry statistics 1. feet in 2018, an increase from 31.1
Key factors influencing inventory levels, supplier quality, demand forecasting, procure-to-pay, order-to-cash, production planning, transportation management and more are becoming known for the first time. Source: DHL, Artificial Intelligence in Logistics, 2018 (PDF, 45 pp., How Machine Learning Is Redefining Supply Chain Management.
Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. billion (based on 2018 sales). The white appliances manufacturer in Turkey, Arçelik, re-organised its manufacturing place in a limited time to be able to initiate ventilator production. Dr. Nicolas Hubbard.
In their time lean manufacturing and just-in-time were game-changing concepts. Manufacturers need to extend visibility and collaboration beyond their own walls to avoid any disruptions. Most manufacturers have ranked increased transparency and collaboration as one the key aspects impacted by the COVID-19 crisis.
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. Revenue: €17 billion/ $19.42
The new concepts require: digital supply chain execution capabilities in transportation, warehouse, labor and fulfillment digital control towers fueled by artificial intelligence (AI), data science and analytics strategic product segmentation, sourcing and inventory management effective pricing and promotions management.
This gives a business constant access to up-to-date data, allowing it to quickly calculate meaningful metrics like inventory turn, value of inventory on-hand or sales per week by item.” Various barcode systems are now used to track a vast range of products as they are manufactured, distributed, stored, sold, and serviced.
For example, discriminative AI can be used to classify suppliers based on performance metrics (including delivery time and quality, pricing) and external data (including ESG scores and financial stability) to recommend the best-fit suppliers within constraints such as cost, location, or sustainability goals. Bank of America’s Erica).
Marina Mattos, a Postdoctoral Associate at the MIT Center for Transportation and Logistics, bluntly asks, “How will such a shift affect supply chains?”[3] As the name implies, a circular economy is one in which the loop between manufacturers and consumers is closed. ”[2]. ”[3] It’s an important question.
They explain, “If a company scores an impressive 99 percent in all four categories measured by the standard Perfect Order Metric (POM) — complete, on time, damage-free, proper documentation with correct invoicing — the result would be a POM score of just 96 percent. Capture transportation, distribution, and service costs.
Reported May 29 While China remains the number one source for products we sell, we currently estimate the percentage of product COGS it represents is approximately 30% to 35% compared to the 55% metric we shared in March. These include: Leveraging manufacturing flexibility. I would organize them into five main themes.
More stringent customer delivery requirements is certainly one factor, with On-Time In-Full (OTIF) becoming a more critical metric. Simply put, OTIF spells OPPORTUNITY for transportation technology providers. Walmart ‘Tightens the Vice’ on On-Time In-Full (OTIF) Requirements. What’s driving this demand?
In today’s turbulent trading environment, strong global transportation management capabilities deliver exceptional benefits and value. manufacturers found that 60% of the companies operating in China are considering moving operations to other Southeast Asia countries in the next few years. A very recent survey of U.S.
94% of companies view MRO as an important part of their overall operations, according to a 2018 survey by Peerless Research Group (PRG). And when equipment breaks down unexpectedly, your manufacturing operation can be hemorrhaging money by the second. Managing the complexities of MRO is nothing short of challenging.
Thursday 1 March 2018. This takes end-to-end planning and execution, including the sensing of demand; the optimization of inventory; real-time collaboration with suppliers, co-manufacturers and other partners; and prioritized replenishments. What the OTIF Mandate Means for Walmart – and What it Means for You (Part 2).
Thursday 1 March 2018. This takes end-to-end planning and execution, including the sensing of demand; the optimization of inventory; real-time collaboration with suppliers, co-manufacturers and other partners; and prioritized replenishments. What the OTIF Mandate Means for Walmart – and What it Means for You (Part 2).
Packaging Digest reported the global health care cold chain logistics market is projected to increase by $3-billion between 2014 and 2018. Food and Drug Administration and the World Health Organization, demand companies provide temperature data during transport. As markets emerge in India, China and South America, U.S.
Packaging Digest reported the global health care cold chain logistics market is projected to increase by $3-billion between 2014 and 2018. Food and Drug Administration and the World Health Organization, demand companies provide temperature data during transport. As markets emerge in India, China and South America, U.S.
The responsibilities, metrics, skills, strategies and mandates for each function can cause people to put their functional focus ahead of the greater company objectives. Manufacturing/Operations. The Supply Chain team manages the flow of goods and materials and the transportation and logistics to move those goods.
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