article thumbnail

Supply Chain and Logistics Resolutions for 2017: 4 Things to STOP Doing This Year

Talking Logistics

But technology won’t solve your supply chain problems or help you improve unless you also address the most common culprits of poor supply chain performance: poor data quality, lack of resources and training, lack of metrics and accountability, and poor communication and collaboration with trading partners (see resolution #3 below).

article thumbnail

One Man’s Trash: How Blockchain Can Target Food Waste to Help End World Hunger

Material Handling & Logistics

billion metric tons—gets lost or wasted. What’s more, net food losses in developed countries (222 million metric tons) equate to nearly all of the food produced in Sub-Saharan Africa yearly (223 million metric tons). From the wholesale manufacturers in Iowa to the farmers in Bangladesh, change is coming.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Supply Chain Management in Apparel Industry

SCMDOJO

Countries, especially in South Asia, like China, India, Bangladesh, Pakistan, Vietnam, etc., Demand forecasting is an essential feature of this type of supply chain network and you will require dedicated professionals who are experts at analyzing key metrics to forecast the demand.

Apparel 138
article thumbnail

Five Predictions (About Prediction) that Every Procurement Professional Should Consider

Supply Chain View from the Field

Other indicators included data pulled from the Federal Reserve economic database, the Producer Price Index, the Purchasing Managers Index, as well as internal metrics such as the size of the company’s own sales force. They discovered that there were several leading indicators of demand, including coal (a 10 month leading indicator).

article thumbnail

Podcast: Rob O’Byrne on Digital Transformation, Sustainability, and Diversification in Sourcing

Requis

Sourcing is now predominantly overseas: China is one of the big sourcing countries of course, along with India, Pakistan and Bangladesh, Vietnam and Thailand. There’s Bangladesh in the garment industry. That’s been a massive trend. They’re loading programs and using analytical tools in house. It really comes down to costs.

article thumbnail

Handfield’s Top Supply Chain Predictions for 2016

NC State SCRC

Other indicators included data pulled from the Federal Reserve economic database, the Producer Price Index, the Purchasing Managers Index, as well as internal metrics such as the size of the company’s own sales force. They discovered that there were several leading indicators of demand, including coal (a 10 month leading indicator).

article thumbnail

KPI Key Performance Indicators in Supply Chain & Logistics

Logistics Bureau

A KPI is a metric… but not just any metric. A KPI is a metric focused on a KEY element of business, departmental, or team performance. There is really nothing wrong with capturing a lot of metrics, especially with today’s powerful analytics software solutions to help. Let me try to clarify.

KPI 96