Supply Chain Shaman

SEPTEMBER 3, 2018

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. Reward teams for cross-functional metrics. We like the metrics of growth, on-time and in-full orders, operating margin, inventory turns, and Return on Invested Capital (ROIC).

Supply Chain 298

Supply Chain Metrics Analysis Analytics 298

Material Handling and Logistics

JUNE 25, 2018

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. So in 2018, McDonald’s joins Apple, Procter & Gamble and Amazon on a separate “Masters” list, as one of the “best-of-the-best.”. Department of Transportation to ban the product from air transportation.

Sourcing 101

Sourcing Supply Chain Beverage Apparel 101

Cerasis

NOVEMBER 19, 2018

On the other hand, only 8 percent of companies that were rated by their executives as less than significantly above average on supply chain-related metrics have the same performance. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. The same source also informed that the Chartered Institute of Procurement & Supply (CIPS) Risk Index of 2016 was the highest since records have begun in 1995.

Supply Chain Risk Management 174

Supply Chain Risk Management Risk Management Supply Chain SCM 174

Cerasis

OCTOBER 8, 2018

percent from the first quarter of 2018. Unfortunately, manufacturers and OEMs may lack the infrastructure necessary to facilitate such changes, and resellers face challenges in optimizing procurement for the world of e-commerce. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Align metrics and incentives with unique e-commerce goals.

Shipping 131

Shipping Comparison Journal Strategy 131

Supply Chain Game Changer

NOVEMBER 10, 2018

Sixty-five percent of procurement practitioners say procurement at their company is becoming more collaborative with suppliers, according to The Future of Procurement, Making Collaboration Pay Off, by Oxford Economics. By building common metrics and targets and jointly monitoring progress – companies avoid the misaligned incentives that damage so many collaboration efforts. Lower transportation and warehousing costs. Improved customer service metrics.

Metrics 65

Metrics Supply Chain Retail Manufacturing 65

Supply Chain Game Changer

NOVEMBER 15, 2018

Supply chain leaders will face 2018 with uncertainty and opportunity. In other words, the simple act of providing reports to executives and upper-level managers could be considered a form of data visualization, and better reporting will be a fundamental improvement in supply chains throughout 2018, explains Craig Guillot of Supply Chain Dive. Lean processes are standard in supply chains, including logistics, but 2018 will see a gradual transition to elastic logistics.

Guidelines 55

Guidelines Supply Chain Execution Company Internet of things 55

Talking Logistics

JANUARY 8, 2018

The reality is that supply chain management is not just about managing orders and transportation and inventory — it’s about doing all those things while also navigating through the many risks that could disrupt your supply chain or bring it to a halt. Do we have the right Service Level Agreement metrics in place? Is the mode of transport the most efficient to impact on-time delivery?

Chemicals 76

Chemicals Supply Chain Conference Metrics 76

Abivin

DECEMBER 4, 2018

Transportation Management System (TMS) and Route Optimization Software (ROS) TMS and ROS are needed for both Primary and Secondary Distribution of FMCG products. Cutting costs in transportation has always been a concern for FMCG companies due to the huge capacity and fast-paced movement of the industry. A transportation management system might be the key to lessen your burden. This solution is designed specifically for resolving transportation constraints in ASEAN countries.

Software 74

Software Company Benchmarking Currency 74

Elementum

MARCH 27, 2018

million metric tons (or 60% of the world’s supply). million metric tons. Supply chain is not just about the procurement and transportation of goods from source to consumer. In 2006, lithium-ion batteries consumed only 20% of the global cobalt supply. Ten years later, that number has more than doubled. It’s expected that market demand for the metal will increase to more than 120,000 tonnes per year by 2020 — 60% of which will account for battery production alone.

Resources 78

Resources Congo North America Australia 78

TMC

SEPTEMBER 27, 2018

While shippers face the difficult market conditions of tight capacity and increased consumer demands, they are also being challenged to find transportation cost savings and improve customer satisfaction. To determine whether a shipper fell into a Leader or Laggard category, researchers measured three commonly-used performance metrics: on time pickup, on time delivery, and first tender acceptance. Business Intelligence Market Trends Research Transportation Management

Benchmarking 48

Benchmarking Freight Capacity Groups 48

TMC

SEPTEMBER 27, 2018

While shippers face the difficult market conditions of tight capacity and increased consumer demands, they are also being challenged to find transportation cost savings and improve customer satisfaction. To determine whether a shipper fell into a Leader or Laggard category, researchers measured three commonly-used performance metrics: on time pickup, on time delivery, and first tender acceptance. Business Intelligence Market Trends Research Transportation Management

Benchmarking 48

Benchmarking Freight Capacity Groups 48

6 River Systems

DECEMBER 11, 2018

Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts. “By keeping an eye on these warehousing metrics, you can map out an error-resistant fulfillment process that moves from order to delivery as efficiently as possible. ” — 7 Metrics You Need to Streamline Your Warehousing Processes , Aero Fulfillment; Twitter: @AeroFulfillment.

Strategy 63

Strategy Supply Chain Policies Survey 63

Abivin

JUNE 5, 2018

That’s where the need for Transportation Management System (TMS) comes into play. Instead, you have reactive transport commands that are fast, efficient and very easy to work on. You are also equipped with a way to manage costs and handle internal metrics. Moreover, by implementing a TMS, the same logistics managers can streamline their transportation departments, connect their carriers to their 24/7 online networks, and improve the way they procure and manage freight.

Survey 60

Survey Sourcing Procurement Metrics 60

Talking Logistics

OCTOBER 27, 2016

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. For example, the US Environmental Protection Agency (EPA) is phasing in fuel efficiency standards starting with trailers in 2018, truck standards in 2021, which are estimated to provide 2-4 year payback periods. million metric tons to date, saying that some measures had led to a doubling of fleet efficiency.

Tools 152

Tools Strategy Austin Transportation 152

Elementum

MAY 17, 2018

Professor Richard Wilding spoke about a board game he developed with several companies, which focuses on educating young children about logistics and transportation. Ultimately, companies need to shift their thinking when it comes to supply chain careers, understanding that performance metrics must change in order to reflect the new supply chain. This is a follow-up piece to our previous post, 4 reasons for the supply chain talent shortage.

Michigan 60

Michigan Education SCM Course 60

Elementum

MARCH 27, 2018

million metric tons (or 60% of the world’s supply). million metric tons. Supply chain is not just about the procurement and transportation of goods from source to consumer. In 2006, lithium-ion batteries consumed only 20% of the global cobalt supply. Ten years later, that number has more than doubled. It’s expected that market demand for the metal will increase to more than 120,000 tonnes per year by 2020 — 60% of which will account for battery production alone.

Resources 60

Resources Congo North America Australia 60

Supply Chain Game Changer

NOVEMBER 20, 2018

Today, manufacturers located in multiple geographies are faced with complex energy sourcing options affected by various procurement and billing requirements and the ever changing local/state/federal legislation. The electrification of the transportation market will require today’s industry leaders in those sectors to adapt in order to survive & lead. Subscribe Here! Email Address. Guest blog provided by Joe Hall, Director, Business Development at 360 Energy Inc.

Manufacturing 53

Manufacturing Automotive Sourcing Sustainability 53

Veridian Solutions

SEPTEMBER 24, 2018

Constructive metrics. Constructive metrics within the system ensure everyone maintains the proper processes and uses the system correctly, reducing risk along the way. Since warehouse and logistics make up a vital intersection of modern supply chain management, cybersecurity risks may exist within the systems of your transportation network or procurement and vendor-selected systems. A Guide to the Warehouse Metrics Supply Chain Execs Should Track.

Security 43

Security Metrics System Lean 43

Talking Logistics

DECEMBER 20, 2017

What will happen in 2018? Mexico and Canada are heading into 2018 with no clear plan for saving the North American Free Trade Agreement,” states a Bloomberg article published on December 15. Will prices continue to increase in 2018? If they actually follow through on their promise and oil prices continue to rise next year, how will transportation, inventory, and sourcing policy decisions change in response? What are your predictions for 2018?

North Korea 71

North Korea Supply Chain Russia Third Party Logistics 71

IQMS

JULY 11, 2019

The ten ways machine learning is revolutionizing manufacturing in 2018 include the following: Improving semiconductor manufacturing yields up to 30%, reducing scrap rates, and optimizing fab operations are is achievable with machine learning. Machine learning is predicted to reduce costs related to transport and warehousing and supply chain administration by 5 to 10% and 25 to 40%, respectively. Source: TIBCO Manufacturing Solutions , TIBCO Community, January 30, 2018.

Manufacturing 43

Manufacturing Germany Analytics Sourcing 43

Supply Chain Game Changer

NOVEMBER 6, 2018

Better Supply-Demand planning, Quality management, transportation lead time reduction, distribution network optimization, cycle time reduction, better handling, more effective storage, real time order management, and reverse logistics improvement are all within the purvey of Supply Chain. Everyone in Supply Chain has experienced being asked to improve some metric by 25% or more. Subscribe Here! Email Address. Check out The Baby Supply Chain!

Food 63

Food Video Africa Reverse Logistics 63

FLEXE

JUNE 14, 2018

Assumptions and intuition don’t drive business decisions, quantifiable metrics do. If you need more than one facility, often times you’ll have to multiply efforts to source and procure the location and services you need. Look for solutions that are simple, transparent, and scalable —from freight forwarding to fulfillment to transportation, there are solution providers that can help you build a dynamic supply chain designed for every stage of your business growth.

Third Party Logistics 32

Third Party Logistics Packaging 3PL Shipping 32

FLEXE

JUNE 14, 2018

Assumptions and intuition don’t drive business decisions, quantifiable metrics do. If you need more than one facility, often times you’ll have to multiply efforts to source and procure the location and services you need. Look for solutions that are simple, transparent, and scalable —from freight forwarding to fulfillment to transportation, there are solution providers that can help you build a dynamic supply chain designed for every stage of your business growth.

Third Party Logistics 32

Third Party Logistics Packaging 3PL Shipping 32

Supply Chain Game Changer

JANUARY 20, 2020

In other words, the simple act of providing reports to executives and upper-level managers could be considered a form of data visualization, and better reporting will be a fundamental improvement in supply chains throughout 2018, explains Craig Guillot of Supply Chain Dive. Supply chains have used mobile technology for years, but 2018 will see increased use of social media accounts and marketing tools to increase supply chain management effectiveness. Subscribe Here! Email Address.

Guidelines 46

Guidelines Supply Chain Execution Internet of things Lean 46

IQMS

OCTOBER 18, 2019

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: Machine Learning & AI in Transport and Logistics, Frank Salliau & Sven Verstrepen Logistics Meets Innovation Vlerick Brussels – Nov. Source: DHL, Artificial Intelligence in Logistics, 2018 (PDF, 45 pp., 2018). 2018).

Journal 66

Journal Analytics Aerospace Forecasting 66

Enterra Insights

SEPTEMBER 12, 2019

Lack of Inventory Visibility and Metrics. Finding the Right Transportation. The challenge is to find the most effective and efficient transportation solution to keep customers happy without driving up the landed product costs. ” Deborah Abrams Kaplan ( @KaplanInk ) asserts, “Retailers looking to improve margins could begin by looking at one metric — shipment to orders.

Omnichannel 100

Omnichannel Reverse Logistics Retail 3PL 100

NC State SCRC

JULY 28, 2019

The on-going tariffs levied by the Trump administration in 2018 against China has also made this option significantly more expensive for sourcing. As a member of the Chemical Manufacturers Association, Dow is a participant in Responsible Care, a program initiative that addresses a community’s concerns regarding chemicals, including their manufacture, transportation, use, and safe disposal; health and safety issues; prompt reporting of environmental accidents; and counseling of customers.

Chemicals 40

Chemicals Sourcing Policies Cambodia 40

Enterra Insights

NOVEMBER 5, 2019

Marina Mattos, a Postdoctoral Associate at the MIT Center for Transportation and Logistics, bluntly asks, “How will such a shift affect supply chains?”[3] The approach involves new procurement methods that promote asset sharing (for example, cars), grounded in new distributed models and infrastructure.” ” Steutermann adds, “It is important not to confuse [sustainability] metrics with the circular economy.

Real Estate 100

Real Estate Apparel Metrics Government 100

6 River Systems

JULY 25, 2019

There are so many potential issues that can impact a supply chain to cause delays (such as fluctuating availability of raw materials, hold-ups in customs, adverse weather, staffing problems, political issues, procurement problems, changes in legislation and so on) that being able to realistically foresee and safeguard against each of them will only ever be partially successful, and it takes up a lot of resources. Mock has nearly a decade of operational transportation experience.

St. Louis 77

St. Louis Minneapolis Mexico Procurement 77