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Top Supply Chain Articles of 2015

Cerasis

As we head into 2016, we are featuring our most read articles of 2015 in our five main categories: Manufacturing, Supply Chain, Logistics, Transportation Management, and Freight. Yesterday we published the top 10 most read manufacturing articles of 2015. . The new year will then bring series on trends and on the state of some of the business functions and technology used in proper transportation and logistics management. Top 10 Supply Chain Articles from 2015.

Top Logistics Articles of 2015

Cerasis

We continue our top articles from each of our main 5 categories today by covering the top 10 logistics articles that were the most viewed in 2015. We write to five main categories on the Cerasis blog: Manufacturing, Supply Chain, Logistics, Transportation Management, and Freight. Each of these five include several sub categories for more specific articles, such as the TMS category under Transportation Management. Top Logistics Articles of 2015.

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6 Benefits of Effective a Reverse Logistics System & The 9 Core RevLog Metrics to Track

Cerasis

BONUS: Download the Ultimate Guide to Transportation Reverse Logistics White Paper. Conventional logistics service providers had very few alternatives for reversing the channel; however, as the technology has progressed, companies using a robust, proficient reverse logistics system have benefited from: Reduced administrative, transportation and aftermarket support costs. Importance of Metrics in Reverse Logistics Management.

Lean Transportation: Are you Using Lean Thinking for Transportation Management? If not, Why?

Cerasis

For shippers, culture and behavior have to change to apply Lean Transportation thinking. The “Them (company leadership) versus Us (shop floor associates)” mentality also needs to change for Lean Transportation to " WE. The 8 Rights To Achieve Lean Transportation Practices. The are the 8 Rights of Lean Transportation thinking: Right Materials, Right Quantity, Right time, Right Place, Right Source, Right Price, Right Quantity, and. Transportation takes time.

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Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

At Supply Chain Insights , as we combed through over 9000 quantitative responses on supply chain management from business leaders to understand what drives supply chain excellence in preparation for the Supply Chain Insights Global Summit , in the process, we proved Hau Lee’s theorem in the Famous Harvard Business Review Article, “Triple A Supply Chains.” Reward teams for cross-functional metrics. Focus functional metrics to improving reliability.

Supply Chain Leaders Rearranging Deck Chairs? Yes, I Think So.

Supply Chain Shaman

The supply chain is complex non-linear system that is easily thrown out of balance through a focus on functional metrics. They rock back and forth in improving singular metrics but struggle to improve a portfolio of growth, margin, inventory performance, and asset utilization.

Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

The key difference between the two can perhaps be explained in the following example: A 3PL provider working with a paint manufacturer may package and store products as well as transport them to retailers and/or customers. Transport.

Provoking the Industry to Move Past Incrementalism

Supply Chain Shaman

When we study 600 public companies by peer group, at the intersection of inventory turns and operating margin, only 5% drive improvement. There are many forms of decision support—price optimization, revenue management, transportation planning, spend management, network design. An orbit chart is a plotting of data at the intersection of two metrics. In this case, the metrics are operating margin and inventory turns. of revenue on IT are we improving inventories.

Wanted: Supply Chain Architects!

Supply Chain Shaman

I knew nothing about the world of logistics, inventory management and order optimization. Warehouse Management and Transportation Management were in their infancy. It should not be functional, with a narrow focus on a singular function like manufacturing or transportation. From the research, we know that when organizations have source, make and deliver reporting to the same leader, that supply chain performance improves (intersection of operating margin and inventory turns).

Reimagine Supply Chain of the Future – agile, resilient, and balanced – LogiSYM July 2020

The Logistics & Supply Chain Management Society

To create flexible and balanced supply chain organisation, it is necessary to integrate strategy, processes, metrics, and technology enterprise wide and across customers, suppliers, and service providers. Let me end this article with a lovely quote from a visionary leader!!

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

The Logistics & Supply Chain Management Society

This boosts revenues and optimises inventory. This can be applied to inventory management, fleet and order tracking, ID badging. Amazon’s supply chain heavily depends on the outsourcing of its inventory management. Article July 2020

5 Ways to Optimize Your Logistics & Transportation with Lean

Arkieva

Are you using lean in your logistics and transportation management? The transportation company’s culture and behavior should change to apply Lean thinking. Transportation takes time. The need to transport parts also drives inventory up, creates a need for space to store those parts, and uses energy for more forklift time and warehouse heating. The list of additional waste generated by transportation goes on and on.

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Logistics Key Process Indicators (KPIs)

The Logistics of Logistics

A KPI is an indicator (a metric) that you have chosen, and agreed with your partners and or customers, that will determine whether you are meeting your critical success factors. Key Process Indicators vs. Metrics. I sometimes use the terms KPI and metrics interchangeably, but they are not the same. A metric is any standard of measurement (number of carriers, inventory turns, average shipment weight, etc.).

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Top 5 features to look for in a Transportation Management System (TMS)

Abivin

Selecting the correct software system for the business helps to attain process efficiency, gain visibility into the supply chain, and decrease general transport costs. One of such software is transportation management system (TMS) which is a subset of supply chain management regarding transportation operations (Mei & Eliot, 2017). TMS has become an indispensable tool in a growingly competitive and complex transportation landscape.

Control Towers: If Only There Was A Clear Definition

Supply Chain Shaman

My client writhed in her seat and hung her head as she asked, “I read your article on control towers, but I am confused. While there are many types of visibility (see Figure 1), the most common use case is either sourcing or transportation visibility. The focus is on functional metrics, but are unable to get to overall supply chain metrics. We finished dinner. I pressed my neatly folded napkin to my lips. As we waited for coffee, silence hung heavy in the air.

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6 Benefits of Applying Useable Data in Logistics For Continuous Improvement

Cerasis

We continue our series on strategic shipping by going into detail of the 10 main areas that shippers can turn to in order to have a strategic logistics and transportation management mindset. Today we will go into detail on using the available data created in the processing of shipments within transportation management and other related logistics management for continuous improvement. . Metrics and KPIs.

Supply Chain Scope: New Study Shows Rise in US Inventories; California Estimated to Improve Freight Efficiency by 25% in 2030

Arkieva

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. The Sustainable Freight Action plan released by California governor Jerry Brown outlines a long-term 2050 vision and guiding principles for California’s future freight transportation system. New Study Shows a Rise in US Company Inventories. Read Full Article.

SCRC Meeting – Tom Linton’s “Supply Chain Eight” and Golden Winged Warblers : Questions Every New CSCO Should Ask Their CEO

NC State SCRC

Co-location of supply chains will reduce disruptions, complications with transportations, government regulations, etc. When it is not in motion, it is classified as inventory. My first Monday in, I asked for a full report of all our supply chain metrics, and my analyst told me he could get it to me by Friday. But this took time – we had to “defrag” our supply chain, and eventually I learned we had 59 days of inventory.

Changing Your Perspective to Measure Supply Chain Performance

Logistics Bureau

To paraphrase a saying, the road to supply chain hell is paved with good intentions and bad metrics. From this understanding, supply chain metrics will then ideally be: A few essential measurements that cover all the strategic aspects of the supply chain. On surveying its corporate customers, however, the company discovered that product standardisation and reliability were often more important to its business clientele, and adjusted its offering and its metrics appropriately.

Fix Your Retail Supply Chain to Make the Last Mile Count

Logistics Bureau

Your options will be to work with LTL or parcel carriers, or contract with one or more 3PLs for your last mile transportation. The beauty of these non-home-delivery services is that you can reduce transport costs by delivering to fewer individual locations and also eliminate many concerns about the way drivers represent your business. The name of the game is to balance the cost of transportation with the level of service you want to offer your customers.

Driving Profitable Growth Through Effective Supply Chain Management

Supply Chain Nation

In a previous article titled “ What Is Preventing Your Supply Chain From Being a Strategic Differentiator? ” In this article, I shall review the factors that set the supply chain leaders apart from the rest and that help drive profitable growth for their companies. Without a shared set of metrics between the commercial and operational teams, it is extremely difficult to get alignment between them. System-wide inventory strategies.

7 Incredible Benefits of Cloud-Based Logistics Management

Cerasis

In the below article I propose to have a look at the main benefits and advantages of the cloud-based logistics management. More findings on the cloud cargo transportation and warehouse management systems you may discover on the web. The cloud-based supply chain software can be customized to suit your industry, your transportation , freight-forwarding and warehousing specialty, import-export regulations. The cloud-based logistics has lots of metric tools.

Columbia Sportswear: Peeling Back the Onion on Your Supply Chain Processes

Talking Logistics

Like the multi-billion dollar chemical manufacturer that had been paying market rates for ocean transportation for eight years because nobody realized that their contract, filed away in a drawer by a transportation manager who had left the company, had expired. That’s the question I always ask when I share these types of stories with audiences, and an article in the Wall Street Journal this week about Columbia Sportswear sheds some light on the answer.

Are you a supply chain superhero?

DELMIA Quintiq

Yes , we can do it, but here is the trade-off on extra inventory and transportation cost. Turning customer focus from an idea to something practical is often achieved with metrics. Find the links between supply chain metrics – cycle time, inventory, service level, etc. – and business value metrics – revenue growth, profitability, customer loyalty, etc. – This article was originally published by Matt Davis on LinkedIn.

IMO 2020 is Here. Are You Ready?

Supply Chain Game Changer

IMO article and permission to publish here provided by Jenish Sheth. This regulation will see the largest reduction in the Sulphur content of the transportation fuel under taken at any time in the history. million metric tons annually. A vessel provides economies of scale to transport feedstock (crude or other feedstocks) or refined products to market. That represents a huge cost to the supply chain where each party tries to run lean, just-in-time inventory.

The Pressure is Rising for CPG Companies to Improve Order Delivery Performance

Aera Technology

Demand forecasting miscalculations, raw materials and finished goods inventory shortages, manufacturing interruptions and transportation delays are among the many factors that can conspire to send OTIF into a tailspin. The New Frontier of Cognitive Automation What’s needed is a bold new approach that leverages emerging technology purpose-built to optimize the supply chain and its critical OTIF metric. This article originally appeared in Manufacturing and Logistics IT.

Say Customer Service and Mean It

Supply Chain Shaman

Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score. The process design started with the customer and then mapped back to manufacturing and transportation.

Is Apple Supply Chain Really the No. 1? A Case Study

Supply Chain Opz

Inventories can become obsolete or exceed the anticipated demand. So this section will explain some characteristics of Apple Supply Chain through various metrics and compare them with Amazon Supply Chain. Inventory Turnover. Inventory Turnover is a traditional financial measure to determine how efficient company uses its financial resources to create sales, the higher number is the better. Generally accepted calculation is [Cost of Goods Sold / Average Inventory].

5 Crucial Software Every 3PL Company Needs To Have

Abivin

For instance, platforms such as Uber Carriage and Cargomatic enable real-time, cost-effective, on-demand transport arrangements to the other business logistics services, which brings great competitiveness to this industry. This article will present five software that every transporter and 3PL company should employ to stay competitive, cost-effective and ensure on-time delivery. International Journal of Shipping and Transport Logistics.

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Reflections on Integrated Supply Chain Planning

Supply Chain Shaman

The bigger the vendor, the tougher it is to publish a critical article. This week, I am finishing two reports: Sales and Operations Planning, and Inventory Optimization. ” If you are interested in seeing a similar analysis of S&OP and Inventory Management technologies, take our surveys. Here are the links to the studies: Inventory Management. Yesterday, I presented to 700 global attendees on an APICS webinar.

Omnichannel Retail Requires Close Collaboration with Logistics Providers

Enterra Insights

Lack of Inventory Visibility and Metrics. Carrying inventory is a necessary evil. Too much inventory means profits are eaten away by storage costs. Too little inventory and sales opportunities are lost. Legacy staffers write, “In the world of omnichannel logistics, it’s crucial that businesses know the status of their inventory and whether it’s at a distribution center or retail location. Poor Visibility into Inventory in Transit.

Time to Survive and Nexus Supplier Index: New Measures of Supply Chain Risk Management

Talking Logistics

The good news is that researchers and progressive companies are developing new approaches to supply chain risk management and supply chain mapping, as two recent articles in Harvard Business Review illustrate. For this purpose, we created a new metric that we call “time to survive” (TTS). I encourage you to read both articles for all the details.

Make Your Supply Chains Less Complex – and Less Wasteful!

Talking Logistics

Mariotti states that you first have to measure it, and he outlines several metrics and techniques in the book, including ranking customers by annual sales, profit, and gross margin percentage. Added complexity often results in added waste, and the most common forms of waste from a lean supply chain perspective include : Transportation : unnecessary (non-value added) movement of parts, materials, or information between processes.

Sam’s Club Updates Appointment Scheduler and OTIF Standards

Zipline Logistics

It currently just uses on-time metrics to grade suppliers and the store’s retail buyers can base purchasing decisions on a brand’s delivery performance. It is critical to leverage transportation analytics to get the most out of your operation. Typically, they evaluate standard metrics like on-time delivery, inventory management, missed shipments, lead time, and costs. This reality makes it challenging for some brands to manage inventory and keep up with expectations.

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How AI & Machine Learning Will Transform Supply Chain Management Through Software-Driven Automation

Accelogix

End-to-end system integration will enable the supply chain to be optimized backwards from financial and service level target metrics. Systems driving the warehouse floor will see every barcode and remember the context, virtually eliminating inventory loss.