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. Disruption is nothing new to supply chain professionals. The post Top 10 Metrics to Track and Manage Risk in the Supply Chain – Part 2 appeared first on Transportation Management Company | Cerasis. Risk Management Supply Chain manage risk

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.” First, great supply chains are agile.

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

Supply Chain Shaman

After finishing the Supply Chains to Admire report and the Youtube series (to be released this week), this is my feeling. What Is Supply Chain Excellence? The seven years of work on the Supply Chains to Admire is part of my quest to answer Keith’s question.

Digital Transformation of the Supply Chain

Logility

In almost every supply chain publication, you will find an article discussing digital transformation. Digital supply chain capabilities enable more agility and resilience; two supply chain characteristics that are especially important in dealing with unforeseen disruptions.

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

Kinaxis

Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Reason #3 Not having end-to-end supply chain visibility. Reason #4 Making key decisions by modelling the supply chain in Excel. Reason #5 Not having a supply chain risk management process. Reason #7 Making decisions based on bad data (supply chain data accuracy). by John Westerveld.

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.

Wanted: Supply Chain Architects!

Supply Chain Shaman

Manufacturing is the foundation of my interest in supply chain management. Supply Chain and Design. This was the beginning of my journey from manufacturing to understanding larger supply chain concepts. Much to my chagrin, when I entered into the world of supply chain, the processes of source, make and deliver were usually not designed. Figure 1: Definition of the Supply Chain Organization.

Supply Chain Manager – A “Green” Superhero

Logility

So, I started thinking about how supply chain management can impact the environment and concluded that supply chain managers are Green Superheroes. Better supply chain planning saves money but also reduces greenhouse gases and decreases your company’s carbon footprint.

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.

Digital transformation in the life sciences supply chain – show me the data

Kinaxis

by Bill DuBois The life sciences supply chain starts with a miracle. Everything we talk about in supply chain starts with discovering that product you can market and sell. The article reminds us of what Merck R&D head Roger Perlmutter said about the subject back in 2013. “We From a supply chain perspective, it reminds me of variable lead times. In supply chain, we’re seeing AI/ML capabilities successfully applied to demand sensing.

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

The Logistics & Supply Chain Management Society

Reimagine Supply Chain of the future: There are many facets to imagining Supply Chain of Future. What are the learnings from Covid disaster that leaders will incorporate into future supply chains? Let us study major highlights of Supply Chains of the future.

6 Steps to Viable Supply Chain Reality

Logistics Bureau

While your company undoubtedly has sustainability on its supply chain agenda, creating momentum can be tricky in what is after all, a fairly new way to approach performance improvement. How to Develop a Sustainable Supply Chain. Supply Chain Mapping.

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.

How to Get a Job in the Supply Chain Sector

Logistics Bureau

So, you are thinking about a career in supply chain? You are not alone, especially as in the time since we first penned this article, one huge and unforeseen event has raised awareness of the global importance of this vital sector—and shown it to be an attractive career choice.

6 Steps to Sustainable Supply Chain Reality

Logistics Bureau

While your company undoubtedly has sustainability on its supply chain agenda, creating momentum can be tricky in what is after all, a fairly new way to approach performance improvement. How to Develop a Sustainable Supply Chain. Supply Chain Mapping.

Embracing the Digital Supply Chain

Supply Chain Shaman

As I drank a cup of coffee and waited, I reflected on the article I had just completed for the Institute of Supply Management. At their request I wrote on the digital supply chain. Digital supply chain is such a buzzword. The digital supply chain is about SO much more than gadgets.” Yet, within the supply chain, everyone waits for data and insights. Supply chains do not move in the cadence of the market.

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!

Reflections on Integrated Supply Chain Planning

Supply Chain Shaman

In the presentation, I shared data on the evolution of supply chain planning and the results on user satisfaction. Neither technology vendor is an industry leader in delivering a solution that fits the needs of the supply chain planner. The common perception is that SAP and Oracle supply chain planning solutions are superior to best-of-breed Advanced Planning Solutions. Summary Data of User Satisfaction with Supply Chain Planning Applications.

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. .

Multi-Industry Supply Chain Challenges

Kinaxis

by Alexa Cheater Our own Trevor Miles , VP of Product Innovation and Thought Leadership, had the chance to sit down with Bob Ferrari of Supply Chain Matters to talk about multi-industry supply chain challenges. Trevor relayed how he often sees businesses looking to gain “a more detailed understanding of the various tradeoffs of decision-making, especially related to various competing metrics.”

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

The Logistics & Supply Chain Management Society

Whilst 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. Leadership in Supply Chain.

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

Cerasis

With the purpose of optimizing supply chain efficiency and asset recovery rates, applying a reverse logistics system has increasingly become a tool that positively impacts profitability as well as assisting an organization in meeting sustainability goals. Importance of Metrics in Reverse Logistics Management. Measures such as amount of product to be reclaimed and resold as is, or percentage of material recycled, are examples of such metrics.

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. Supply Chain Innovation Supply chain Relationships

Featuring Our 12 Best Change Management Articles!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. In this “Featuring” series article we present our best articles on the matter of Change Management and Change Leadership! Change is more than just about a business process, a metric, or an organization chart.

Collaboration in supply chain management is key

Kinaxis

by John Westerveld When scrolling through my news feed Friday, I found this article from SCN : “ Collaboration Key in Creating Competitive Advantages Through Supply Chains “ The article describes research recently published by the University of Tennessee, Knoxville’s Global Supply Chain Institute. There were some interesting ideas that came out of this study, like how collaboration in supply chain management is key to success.

How to Recruit and Organize Supply Chain Talent to Unlock Your Supply Chain’s Potential

Talking Logistics

Recently it seems that more and more organizations are recognizing that their supply chains are a key component to the organization’s success. From the increasing adoption of a chief supply chain officer at major organizations to discussions of legislative changes , the influence of the supply chain on competitive advantage is more recognized than ever. So what does this mean for global companies and supply chain strategy?

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.

Consumers Priorities Driving Major Supply Chain Changes

Kinaxis

How about completely changing the way you operate your supply chain? The rules around supply chain management are changing, and customers are sitting firmly in the driver’s seat. More and more companies are making big, public announcements on how they’re changing their supply chain practices to better align with what their customers care about. Walmart’s Global Responsibility Report , which includes sustainable supply initiatives, has the same goal.

Three Reasons Why SAP Supply Chain Planning Is a Risk to Your Business

Supply Chain Shaman

High-tech manufacturers in the Silicon Valley of the United States are some of the best at supply chain planning. With changing product profiles, short life cycles, constraints with downstream suppliers, and changing markets, being good at supply chain planning matters. In this tough market excellence in supply chain planning is a critical element to be competitive. Supply chain planning and the discipline and rigor is a different way of working.

The importance of customer service for end-to-end supply chains

Kinaxis

by Alexa Cheater Supply chain rigidity could be costing you billions. Getting the right product to the right people at the right time – that’s at the heart of what demand and supply planning is all about. But as anyone who works in supply chain knows, it’s a lot easier said than done. Forecasts are wrong more often than they’re right, and shifting consumer priorities means your supply chain has to be able to react to change and shift directions in seconds.

What Qualities Make the Best Supply Chain Leaders?

Kinaxis

by Kirsten Watson When considering what attributes supply chain leaders are most likely to possess, it’s easy to think first of hard skills—analytical prowess, technology expertise, and operations and economics knowledge quickly come to mind. So what attributes from both areas are today’s supply chain leaders most likely to possess? The findings were generated from multiple sources, including surveys of APICS members, articles, and external research.

Are you a supply chain superhero?

DELMIA Quintiq

At a recent conference, I was asked how to deal with corporate power dynamics when supply chain is not an equal-partner organisation. This made me think: “What superpowers would supply chain executives love to have?”. Supply chain’s role in corporate strategy is to deliver the “how” of the strategic vision. Revenue growth, market expansion, cost reduction and improved customer service targets are all a direct result of the physical supply chain network.

Technology and the Supply Chain: What Does the Future Hold?

Kinaxis

So what does my nostalgic look back at my childhood have to do with the future of supply chains? And all of them, once they reach critical mass in the marketplace, will have a staggering impact on the future of supply chain. The WEF report focuses on five shifts that will directly influence supply chain. According to WEF, in the next five years, we’ll see 30 billion Internet-connect physical devices, which will considerably impact supply chain operations.

Common Sense Warehouse Performance Metrics for Supply Chain Benchmarking

Logistics Bureau

If you’ve heard about the opportunities and benefits that warehouse performance benchmarking can put within reach of your supply chain organisation, you might understandably be keen to get a benchmarking project under way. 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.

What does it take to build a best-in-class supply chain?

Kinaxis

by Alexa Cheater Avaya: A supply chain management case study. That’s what high-tech giant Avaya had to do when the company decided to radically change up how it manages its supply chain. Going from a self-proclaimed worst-in-class supply chain to one of the best in the business was no easy feat, but the rewards were well worth the effort. “In Tracking success: Metrics matter. Supply planning. appeared first on The 21st Century Supply Chain.