Supply Chain Metrics that Matter

Supply Chain Movement

Supply Chain Metrics That Matter makes this truth clear enough with its thorough analysis of recent multi-industry performance trends. Peppered with real-world examples from across industries, Supply Chain Metrics That Matter reinforces ideas with evidence.

Why a network model makes sense for today’s automotive suppliers

The Network Effect

Today I want to talk about the challenges faced by today’s automotive suppliers, and why a network model for their supply chain can help. From a measurement perspective the key trending metrics at a high level include: Supplier on time delivery.

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Supplier Quality Management: What it is, 5 Key Metrics to Know & a 4 Step Supplier Evaluation Process

Cerasis

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). The definition of this metric is similar to the way it sounds. Quality affects many different parts of the business, so it is critical to establish a comprehensive metric that provides visibility into the most important areas of operations.

Why the automotive aftermarket spare parts supply chain is such a complex problem

The Network Effect

See below for a real example of how one of the world’s largest automotive leveraged an innovative cloud platform and a trusted 3PL partner to transform their spares business. I suggest you download the automotive aftermarket spares solution sheet. Image Credit: Dave Parker.

Metrics that Matter: Quality Management

QAD

Using Metrics to Measure Quality. Training is a key component of most compliance frameworks, so in a highly regulated industry such as automotive or life sciences, these metrics can help ensure compliance with requirements. Choosing Metrics.

Measuring Up?

Supply Chain Shaman

The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. We find that companies can improve one, but not two of the metrics. Teams struggle to drive improvement in both metrics at the same time.

What’s New with MMOG/LE Version 5?

QAD

The Automotive Industry Action Group (AIAG) and Odette International are releasing the fifth version of the Materials Management Operations Guideline/Logistics Evaluation (MMOG/LE) assessment this summer. Mitigate risk throughout the tiers of automotive suppliers. What is MMOG/LE?

Looking Beyond Red Arrows

Supply Chain Shaman

It is hard work to maintain the status quo in metrics performance. A balanced portfolio of metrics delivers the greatest value. To illustrate the point, here we share snapshots from four different value chains: automotive, healthcare, consumer, and technology.

The Autonomous Supply Chain – Can we Fly by Wire?

DynaSys

John Pike , Space Policy Director at the Federation of American Scientists, said: “I can’t think of another example of this kind of large loss due to English-versus-metric confusion, It is going to be the cautionary tale until the end of time.”. Supply chain – “it’s not Rocket Science”.

Inside Tesla’s Model 3 Factory

Supply Chain Brain

HR & Labor Management Quality & Metrics Home Page Slider Featured Content Home Page Latest News SC Planning & Optimization All Technology AutomotiveSuddenly, dozens of robots snap into frenzied action, picking up door panels, welding window pillars, taking measurements, and on and on.

Cleanroom Manufacturing Strategies That Pay

IQMS

Manufacturers combining their expertise in a specific area of plastics manufacturing, for example, aerospace, automotive, food & beverage, medical, or surgical products while complying with industry and regulatory requirements are more likely to be in the Premium Price zone.

QAD Explore 2019: Vertical Market Round-up

QAD

Automotive. Terry Onica – Director, Automotive. One of the top five rated sessions at Explore that drew a lot of interest and discussion in this area was entitled, Yanfeng Automotive Interiors’ (YFAI) Rapid Upgrade to EE and Move to the QAD Cloud.

Airbags and supply chain leadership

Supply Chain Movement

The replacement of 34 million airbags that the automotive part manufacturer Takata has to execute is one of the biggest recalls ever. He mentioned another recall from the automotive industry, where GM had troubles with the ignition key and how this is dragging along for many years on a row.

Take Advantage of Digital Manufacturing to Improve Workforce Productivity

DELMIA Quintiq

As the common linchpin that brings together all manufacturing activities, has this metric improved along with all the investment in new technologies? As a result, this metric is often downplayed or not referenced in the discussion. Much has been done to improve manufacturing efficiency.

Driving Profitable Growth Through Effective Supply Chain Management

Supply Chain Nation

Without a shared set of metrics between the commercial and operational teams, it is extremely difficult to get alignment between them. Examples of shared metrics include customer service levels, inventory turns, sell-through forecast accuracy, total landed cost, and overall profitability of the business. By aligning the metrics between the different supply chain stakeholders, a collaborative spirit between the teams is encouraged.

Supply Chains to Admire: 2016 Results

Supply Chain Shaman

Unfortunately, we find most companies are moving backwards on the Supply Chain Metrics That Matter™ or making progress on singular metrics versus driving performance improvement on a balanced portfolio of supply chain metrics that correlate to market capitalization. (If

10 Ways Machine Learning Can Close Legacy ERP Gaps

IQMS

Amazon has successfully partnered with automotive manufacturers and has the most design wins as of today. Capitalizing on new digital business models and the growth opportunities they provide are forcing companies to re-evaluate the role ERP in their manufacturing strategies.

4 Supply Chain Minds You Ought to Hear at Kinexions

Kinaxis

Session Title: “Customer Case Study: TE Connectivity” Over the last two years, the TE Connectivity Automotive EMEA division has successfully implemented RapidResponse in six sites.

Take Advantage of Digital Manufacturing to Improve Workforce Productivity

DELMIA Quintiq

As the common linchpin that brings together all manufacturing activities, has this metric improved along with all the investment in new technologies? As a result, this metric is often downplayed or not referenced in the discussion. Much has been done to improve manufacturing efficiency.

On the road! 4 September supply chain conferences we love

Kinaxis

Automotive Logistics Global Conference. Kinaxis is pleased to be a Silver Sponsor of the 15th Annual Automotive Logistics Global Conference. by Melissa Clow September is a busy time of year for us at Kinaxis – Many folks here are flying the skies to attend various conferences.

Supply Chains to Admire – 2016 Results

Supply Chain Insights

Unfortunately, we find most companies are moving backwards on the Supply Chain Metrics That Matter™ or making progress on singular metrics versus driving performance improvement on a balanced portfolio of supply chain metrics that correlate to market capitalization. (If

Establishing Procurement as a Competitive Advantage

ivalua

Most leaders seem to track their progress with metrics such as percent of spend managed and digitization levels, defining best-in-class as being the top quartile or similar high percentage. Global automotive component supplier Meritor is a great example. Alex Saric, CMO, Ivalua.

The Fight of the Titans

Supply Chain Shaman

Figure 1: Supply Chain Metrics Are a Balancing Act. The metrics shown in Figure 1 are difficult to improve together. Most companies improve singular metrics but are not able to drive portfolio. An orbit chart is the linking of data across years at the intersection of two metrics.

Why You Should Embrace Uncertainty in Demand Forecasting – Part 2

ToolsGroup

When it comes to long-tail items, forecasting metrics such as WMAPE become almost meaningless or even misleading. As an automotive industry client of ours said recently: “Nothing affects team morale more than our ability to meet service requirements.”.

Winners in business: Supply Chains to Admire 2016

Supply Chain Movement

It is notable that there are no winners or finalists in the industries of aerospace and defense, automotive, automotive suppliers, conglomerates, consumer durables, e-commerce retail, hospitals, overthe-counter drugs, packaging, pharmaceutical, third-party logistics, or toys.

Mush

Supply Chain Shaman

As a result, the metrics have to be viewed together as a pattern over time. In the journey, the supply chain leader needs to improve the potential of a portfolio of metrics. I find value in looking at these metrics together.

Top 15 Logistics Blog Posts of 2014

Cerasis

In fact, Cerasis performs reverse logistics every day with our customers, but you won’t find a formal page on our website or brochure outlining the details (but as we continue to increase in the automotive aftermarket industry, perhaps we should….).

Real-Time Monitoring Fuels IoT Growth In Manufacturing

IQMS

Manufacturers in the high-performance cohort captured in our latest survey are using real-time monitoring to aggregate metrics and gain a 360-degree view of manufacturing operations accessible from any mobile or handheld device.

Is it time to take your supply chain glocal?

Kinaxis

Automotive manufacturers are another great example, although many of the differences between European and North American car models are due to specific regulations, with the most obvious being which side the steering wheel is on and whether the speedometers show miles per hour of kilometers per hour.

Four Common Challenges Facing The Manufacturing Industry In 2019

IQMS

When a plastics part manufacturer serving the automotive industry is paying stay-at-home mothers, retirees, and shut-ins to do light assembly of plastics parts needed by a luxury auto manufacturer, one can see just how severe the labor shortage is.

Logistics Management

LeanCor

If your current performance metrics show 90% – pet yourself (and your team!) Set the right metrics. As a recent LeanCor industry survey on supply chain priorities” showed, speed of delivery and on-time performance proved to be the most significant indicators for companies across all industries we polled (automotive, healthcare, construction, heavy machine manufacturing, distribution, retail and others). The Key to Customer Satisfaction in Lean Logistics Management.

Gaining Clarity on Inventory Effectiveness

Supply Chain Shaman

The teams feel good because cash-to-cash metrics improve; but in many cases, in the joyous celebrations, companies do not realize that they have reduced capabilities with suppliers and not made improvements in inventory. I remember the plane ride well. My career was in transition.

New job opportunity: Product Owner

DiManEx

Define and monitor commercial success metrics through analytics and user feedback. ? Highly analytical with ability to tie product decisions & recommendations to ROI, data, and available metrics. ?

Offering Prayers While Looking Down the Barrel of a Gun

Supply Chain Shaman

In a briefing last month with SupplyOn (a value network in the automotive industry), I saw progress on the tracking of serial codes and quality information in the automotive industry. The city of Philadelphia is eerily quiet this morning.

The Future of Energy for Manufacturing!

Supply Chain Game Changer

Energy is also at the centre of significant change in traditional markets like fossil fuels and automotive. Subscribe Here! Email Address. Guest blog provided by Joe Hall, Director, Business Development at 360 Energy Inc. Check out How to Optimize Your Factory for Industry 4.0!