Top 10 Metrics to Track and Manage Risk in the Supply Chain – Part 2

Cerasis

This is part two of the Top 10 Metrics to Track and Manage Risk in the Supply Chain article. The post Top 10 Metrics to Track and Manage Risk in the Supply Chain – Part 2 appeared first on Transportation Management Company | Cerasis. Check out part one here. Disruption is nothing new to supply chain professionals. Weather-related events occur, and public health scares always seem present. Then, the COVID-19 crisis changed the game.

Your supply chain is costing you money – Reason #9: Relentless pursuit of one metric at the expense of other metrics.

Kinaxis

Reason #9 Relentless pursuit of one supply chain metric at the expense of other metrics. Yet, these are similar instructions as what is passed down to the supply chain from executives focused on a specific supply chain metric. Why do companies focus on reducing a specific metric? Some of the more likely are; A metric (like inventory performance) is monitored by financial analysts and therefore tied to stock valuation. by John Westerveld.

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Featuring Our 12 Best Change Management Articles!

Supply Chain Game Changer

In this “Featuring” series article we present our best articles on the matter of Change Management and Change Leadership! In this article we discuss the attributes of a High Performance Organization (HPO) and the ground rules, or cultural norms, you must have in place.

How to Establish Early Warning Supply Chain Metrics

Arkieva

The news story above made me think of several examples where a supply chain would use similar concepts to develop early warning metrics. How to Establish Early Warning Supply Chain Metrics was first posted on October 11, 2017 at 10:00 am. ©2017 If you are not reading this article in your feed reader, then the site is guilty of copyright infringement. In recent webinars and presentations, I have been talking about Early Warning Systems within the context of supply chains.

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. Each of these five include several sub categories for more specific articles, such as the TMS category under Transportation Management. In our series, we first created the top manufacturing articles list, followed by the top supply chain articles list. Top Logistics Articles of 2015.

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. . Top 10 Supply Chain Articles from 2015. The following 10 supply chain articles are listed in order from the 10th most read blog post to the top most read post. Read the full article here. .

Most Read Manufacturing Articles of 2015

Cerasis

It is that time of year again where we feature the most viewed articles on the Cerasis blog in each of the six main categories we write about: Manufacturing, Supply Chain, Logistics, Transportation Management, and Freight. . As we are nearly just a week from Christmas, the marketing department likes to take a look back at some of the articles written by Cerasis and contributing authors to see which specific subjects sparked the most interest. Read the full article by clicking here.

Metrics and Issues to Consider in SQM (Supplier Quality Management) By 5 Big Industries

Cerasis

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. In today’s post, Chuck will take it a step further and break down metrics and issues to look out for by 5 main industries: Pharmaceuticals. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site.

Supply Chain Metrics To Avoid Before It's Too Late!

Supply Chain Opz

Supply Chain Metrics are one of the most important best practices in supply chain management because " You can''t manage what you can''t measure ". However, under certain circumstances, metrics are not used or implemented properly. This article will explain to you 7 kind of supply chain metrics that you should pay special attention to. 2) Utilization Metrics : machine utilization is a classic example of this kind of metric. It''s the inventory metric).

50 Most Read Articles of All Time in Manufacturing, Supply Chain, Logistics, Transportation, & Freight

Cerasis

Since today is the last day of the year before we all get ramped up towards a productive 2016 and after finishing out top 10 most read articles in each of our five main categories ( Manufacturing , Supply Chain , Logistics , Transportation , & Freight ) we wanted to give you all a treat and list the top 50 most read articles of all time from the Cerasis blog. 50 Most Read Articles of All Time From the Cerasis Blog. Happy New Year!

Emerald Citation of Excellence 2013 for supply chain innovation article

Supply Chain View from the Field

I learned today that one of the articles I published with colleagues from the University of Tennessee, Oxford University, and Manchester University was cited for the 2013 Emerald citation of Excellence award. With 15,000 article abstracts published in these journals annually, receiving a Citation of Excellence is an extraordinary achievement and represents one of the highest accolades that an author can achieve.

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.

Common Sense Warehouse Performance Metrics for Supply Chain Benchmarking

Logistics Bureau

Some Common-sense Warehouse Benchmarking Metrics. In this post, you can discover some common-sense warehouse metrics that should probably be included in your project, regardless of whether you are benchmarking internally or externally. We’ll begin with a few metrics relating to cross-functional/cross-enterprise order-fulfilment performance—typically known as “perfect order” measurement. Other Warehouse Performance Benchmarking Metrics.

Top 10 Demand Planning Metrics You Should Have on Your Dashboard [Infographic]

Arkieva

To stay ahead of the curve, effective demand planners must track the right metrics that can help curtail possible demand planning issues ahead of time. Top 10 Demand Planning Metrics You Should Have on Your Dashboard [Infographic] was first posted on January 29, 2019 at 2:07 pm. ©2017 If you are not reading this article in your feed reader, then the site is guilty of copyright infringement.

The Most Popular Supply Chain Cowboy Articles of 2014

Supply Chain Cowboy

Below is a list of our five most popular articles from the past year: Number 5 – How Skullcandy Rocked S&OP. The article received a lot of positive social media attention, especially from people passionate about US-based manufacturing and small business entrepreneurs. If anyone in your organization tracks packages, then they’ll definitely want to take a look at this article. Here’s a sneak peak to a few articles and podcasts coming in the next couple months.

5 Ways to Mitigate the Impact of Peak Surcharges in 2020

Convey

Discover 3 ways to measure this metric using fulfillment and in-transit data. Blog Article Optimization Pricing Retail Supply Chain Tips and TricksClick-to-Delivery data is being used by some of the largest retailers in eCommerce today.

Provoking the Industry to Move Past Incrementalism

Supply Chain Shaman

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. I laughed when I read a recent article by the new CTO of JDA. market-driven value chains metrics that matter New technologies apparel chemical digital transformation incrementality JDA Oracle SAP transformationDefinitions: Provocateur.

Why Demand-Driven Manufacturing is Focused on Metrics for Action

synchrono

Demand-driven managers know that having too many metrics leads to conflicting measurements. We call these Metrics for Action. Metrics for Action. Metrics for Action are not intended for overall business analysis or for simply reporting. Rather, they are metrics grounded in Lean Manufacturing , Constraints Management, and Six Sigma principles that serve as operational indicators that can be acted on to improve production flow and ultimately, Throughput.

The Most Important Metric for Increasing Revenue

Unleashed

Average Order Value (AOV) is one of the few important metrics for businesses to analyse and track to gain an understanding of their current revenue and how they may increase it. In this article, we consider closely what AOV is and how to use it to increase your bottom line. Tying conversion rate and Average Order Value together is the revenue per visit (RPV) metric which aims to quantify how much each visit to your website earns the company.

Wanted: Supply Chain Architects!

Supply Chain Shaman

For the purposes of this article, I define the processes of network design as the use of analytic tools to model and optimize the supply chain. I then pack my bags and scoot out the door to sign books and discuss the research completed for the S upply Chain Metrics That Matter book at the ISM event on Thursday, May 14th in Atlanta. Lora has written the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters.

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!!

Click-to-Delivery: Why Retailers Need Real-Time Order Visibility from Dollar to Doorstep

Convey

Discover 3 ways to measure this metric using fulfillment and in-transit data. Blog Article Customer Experience Optimization Retail Supply ChainClick-to-Delivery data is being used by some of the largest retailers in ecommerce today.

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

The Logistics & Supply Chain Management Society

Article July 2020Whilst the COVID-19 pandemic spreads across the world, it is vital for organisations to ensure a reliable supply of products and services. Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains.

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.). Only the most important metrics can grow up to become KPIs.

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Performance Measurement Systems in the Era of Turbulence

SCM Research

Our new article, titled Accounting for External Turbulence of Logistics Organizations via Performance Measurement Systems (Supply Chain Management: An International Journal, Vol. The article was co-authored by Andreas Bühler, Carl Marcus Wallenburg and me. If you do not have access to the article, the accepted author manuscript can be downloaded for free at Copenhagen Business School’s Research@CBS platform (click on the document in the green box there).

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Sage Advice? Only for Turkeys.

Supply Chain Shaman

I am currently writing an article on supply chain excellence. The only metric that we have improved through ten years of IT investments is the revenue/employee number. Bricks Matter Demand Market-Driven supply chain community Supply chain excellence supply chain execution Supply Chain Index supply chain management supply chain metrics that matter This week, I am grounded due to weather. So, I am spending my time writing.

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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.

5 Things to Know About Setting Up a Better Supply Chain Performance Measurement System

Arkieva

If you are not reading this article in your feed reader, then the site is guilty of copyright infringement. Supply Chain Supply Planning importance of supply chain performance measurement supply chain kpi performance indicators supply chain performance indicators supply chain performance management supply chain performance measurement supply chain performance metricsSetting up a supply chain performance measurement system?

7 KPIs Your Procurement Team May Be Ignoring!

Supply Chain Game Changer

Article, and permission to publish here, provided by Sam Jenks at [link]. procurement #purchasing #metrics #highperformance. Guest Blog Post Procurement Supply Chain Management highperformance Metrics PurchasingSubscribe Here! Email Address. The Negotiation Before the Negotiation! Procurement bridges the gap between product, internal stakeholders and customers.

Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

SUMMARY: Because 4PL providers handle a company’s entire chain, including challenges that are thrown up by advances in technology, they are increasingly being favoured over third-party logistics (3PL) providers, especially by big companies with complex supply chains.

Siemens BT: Every analytical transformation requires a “Jonah Hill”

NC State SCRC

We created a visualization platform to focus on internal operational, and customer-facing metrics, which is NOT part of R&D’s scope of work – so we not on your turf.” The goal was to enable an executive to generate exactly the metrics and charts they wanted, any time, with a “push of a button”. Some of the fundamental analytics used at Siemens included the following metrics, that created some basic but critical performance insights for senior executives.

Amazon Is Being Blasted by a Watchdog Group Over China Echo Factory Conditions

Supply Chain Brain

Read full article. High-Tech/Electronics Global Supply Chain Management HR & Labor Management Quality & Metrics Retail E-Commerce/Omni-Channel Supply Chain Security & Risk Mgmt. The New York-based China Labor Watch released a report at the weekend following a nine-month investigation of working conditions at a factory in the city of Hengyang owned by Hon Hai Precision Industry Co., the company known as Foxconn, which manufactures products for Amazon.

IBM Will Marry Its New Verifier to the Blockchain, Transforming Diamonds, Olive Oil and Insurance

Supply Chain Brain

Read full article. High-Tech/Electronics Food & Beverage Quality & Metrics All Logistics Global Logistics Transportation & DistributionCalled a crypto anchor verifier, the technology, which is part artificial-intelligence software, part insanely sophisticated, internally developed lens, can see the cells of animals and distinguish between them.

U.K. Just Now Asks Business to Map Supply Chain Ahead of Brexit

Supply Chain Brain

Read full article. Quality & Metrics Regulation and Compliance SC Analysis & Consulting All Logistics Global Logistics Transportation & Distribution All TechnologyOne of the people expressed bafflement that it’s taken so long for the government to ask for the data.

In Congo Outbreak, Ebola Vaccine Faces Cold-Chain Reality Tests

Supply Chain Brain

Read full article. Global Supply Chain Management Humanitarian Logistics Quality & Metrics Supply Chain Security & Risk Mgmt. Because it is not yet licensed, the Merck & Co vaccine has been offered to Congo under a “compassionate use” protocol agreed by national and international health and ethics authorities. This means fully informed, signed consent is needed from every person who wants the shot.

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