Remove Analytics Remove Journal Remove Manufacturing Remove Metrics
article thumbnail

Embracing the Supply Chain as A Complex Non-linear System

Supply Chain Shaman

No company in either the household non-durable (consumer goods) or the food manufacturing group beat their peer group on the balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) for 2013-2022. Consider the role of functional metrics and the lack of alignment with the corporate scorecard.)

article thumbnail

This Week in Logistics News (April15 – 20)

Logistics Viewpoints

The Wall Street Journal (WSJ) published an article on the increasing use of machinery to create made-to-fit boxes for more efficient fulfillment shipping. But I believe that more efficient packaging is the area with the greatest potential to improve sustainability metrics within the warehouse.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Machine Learning Is Redefining Supply Chain Management

IQMS

The manufacturing industry leads all others in the volume of data it produces on a yearly basis. Also, machine learning is leading to more accurate measures of Overall Equipment Effectiveness (OEE), a key metric many manufacturers and supply chain operations rely on. Journal Of Business Logistics , 37 (1), 6-17.

article thumbnail

Supply Chain Leadership Driving Industry 4.0 & Resilience During Crisis – LogiSYM July 2020

The Logistics & Supply Chain Management Society

Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. Predictive analytics will quicken demand response and involve product-use insights to improve accuracy against external factors affecting demand (e.g. fashion, automotive, spare parts, airlines). Agility and visibility.

article thumbnail

How Machine Learning is Transforming Industrial Production

DELMIA Quintiq

From Wikipedia via the peer-reviewed Springer journal, Machine Learning; “Machine learning (ML) is the scientific study of algorithms and statistical models that computer systems use to perform a specific task effectively without using explicit instructions, relying on patterns and inference instead. Industry Week confirms these issues.

article thumbnail

Top Transportation & Logistics Influencers

The Logistics of Logistics

Steve works closely with leading manufacturers, retailers, logistics service providers, and technology firms. Chris’s primary research covers all aspects of freight transportation including combinatorial procurement auctions, robust planning, portfolio management, performance metrics, and infrastructure design. Cassandra Gaines.

article thumbnail

The Renewed Importance of Production Planning and Operational Excellence in the New Normal- Part Two

Supply Chain Matters

This second in this series provides a specific focus for the now growing importance for increased operational excellence and efficiencies for companies whose products are anchored in process and batch manufacturing process environments.