TMC

NOVEMBER 18, 2015

Examples of the latter include a latent product defect that wreaks reputational damage, or a cyber bug that steals company secrets. As I explain in my book, The Power of Resilience: How the Best Companies Manage the Unexpected (MIT Press, October 2015), companies can improve their disruption detection capabilities in a number of ways.

Metrics 67

Metrics Supply Chain Planning Software Forecasting Software Supply Chain Software 67

Talking Logistics

NOVEMBER 10, 2014

“Vendor Interaction Portal – A practical Example for Business Process Management at BASF,” Ralf Kahre and Patrick Gött, BASF, Elemica reveal 2014. Moving forward, BASF is working on different projects to improve end-to-end supply chain visibility, like track and trace for products from BASF to end users and transport visibility.

Optimal Sourcing 171

Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software Optimization Software 171

crisp

SEPTEMBER 6, 2023

Environmental Protection Agency (EPA) mandated annual greenhouse gas emissions (GHG) reporting for organizations emitting over 25,000 metric tons of GHGs per year, and those in specific industries like vehicle manufacturing and industrial gas. Example: A tea company uses tea leaves as an ingredient in their product. In 2010, the U.S.

Procurement Analytics 52

Procurement Analytics Manufacturing Procurement Waste Reduction Supply Chain Design Software 52

GlobalTranz

JUNE 8, 2021

That’s the overview of white glove services evolution and it’s another piece of the transportation terminology puzzle. It’s important to know how white glove services and transportation management go together. They must go beyond the standard delivery in transportation management, and consumers are pushing this trend forward.

Transportation Management 197

Transportation Management Logistics Network Optimization Software Transportation Reverse Logistics 197

Supply Chain Shaman

OCTOBER 8, 2019

Let’s take an example. No metric should be measured in isolation, and functional metrics should be replaced with the balanced scorecard metrics shown in Figure 2. To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability. Apparel is an example.

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. What is Freight Benchmarking? There’s no dark art to freight benchmarking.

Benchmarking 68

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 68

Supply Chain Shaman

JUNE 19, 2013

Today, I spoke at the Chief Supply Chain Officer conference in Chicago at the Eye for Transport event on the results of the research. Examples include one-number forecasting, consensus forecasting without bias and error accountability, CPFR without measuring forecast accuracy of the downstream partner… The list could go on and on.

Forecasting 268

Forecasting Supply Chain Planning Software Agile and Lean Supply Chain Forecasting Software 268

SCMDOJO

JANUARY 23, 2023

We’ve compiled a list of 10 great supply chain analytics books to help you better understand the concepts and strategies behind this vital business field. From foundational reads to more advanced topics, these books will help you start your journey into the world of supply chain analytics!

Prescriptive Analytics Software 119

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 119

Intelligent Audit

DECEMBER 15, 2020

Mike Griswold, Vice President Analyst at Gartner , had this to say about the value supply chain KPIs and metrics. Supply chain metrics provide the vehicle to ‘look at the results’ and gauge the effectiveness of an organization’s execution strategy. Percent Transportation Spend as Accessorials. Average Dwell Time.

Gartner 52

Gartner Supply Chain Software Supply Chain Optimization Supply Chain Strategy 52

GlobalTranz

FEBRUARY 9, 2017

Manufacturers must adapt to changing demands, or they will become nothing more than a statistic in history books. For example, a company’s enterprise resource planning (ERP) systems should be accessible from anywhere within the manufacturing enterprise. Actionable Metrics Will Enhance Operations, Reducing Costs.

Supply Chain Planning Software 120

Supply Chain Planning Software Demand Planning Software Trends Logistics Network Optimization Software 120

Enterra Insights

JUNE 24, 2022

This gives a business constant access to up-to-date data, allowing it to quickly calculate meaningful metrics like inventory turn, value of inventory on-hand or sales per week by item.” At a grocery store, for example, the worker doesn’t have to know the codes for popular items to be productive.” Footnotes. [1]

Supply Chain Design Software 130

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 130

Supply Chain Shaman

JUNE 26, 2017

Amazon’s because of their breath in physical and digital supply chain, innovation in material handling, transportation, etc and their vision completely disrupting the industry. As a result, tor most companies, the goals are unclear and the financial metrics are not well-understood. ” The answer will be “Yes!

Sourcing Strategies 152

Sourcing Strategies Agile and Lean Supply Chain Inventory Reduction Supply Chain Strategy 152

Supply Chain Shaman

JUNE 21, 2014

I also think that Quintiq’s leadership in concurrent planning to solve new problems is promising, especially in the design of transportation and inventory flows. For example, we discovered that transportation and duties are 5x the expense of labor and overhead. For example, we produce in Vietnam and China.

Case Study 282

Case Study Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 282

GlobalTranz

JANUARY 4, 2017

When it comes to the logistics industry, whether it's transportation management contracts or warehouse contracts, there are a million moving parts, and as many questions. In the below is a real world example of a consultant coming to a third party logistics company with the goal of choosing a warehouse and 3pl provider. 3PL Answer 1.

Modeling 194

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 194

SCMDOJO

FEBRUARY 29, 2024

The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? Where do I begin?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

ToolsGroup

JULY 11, 2017

For example, a demand planner at an S&OP meeting might say she expects to sell 10,000 units; whereas finance is focused on achieving a gross margin contribution of $12,500. 3-9% reduction in transportation costs as a percentage of sales (overhead costs and profitability). This isn’t just aligning financial planning with S&OP.

S&OP 92

S&OP Supply and Demand Inventory Reduction Price Reduction 92

Talking Logistics

MAY 1, 2019

Editor’s Note: The following is an excerpt from “ Putting Community in TMS: Enabling the Network Effect in Transportation Management ,” a research e-book produced by Adelante SCM and published by Kuebix (a Talking Logistics sponsor). Transportation management is inherently a network-based business process.

Supply Chain Network Software 115

Supply Chain Network Software Transportation Management Demand Planning Software Analytics Software 115

Supply Chain Shaman

NOVEMBER 16, 2017

The case studies focus on cold chain safety/alerting for out-of-condition limits for milk transport in India and the use of blockchain for fresh produce monitoring. The current efforts are improving functional metrics and traditional processes. Examples include quality specifications, cold chain, return data, etc.

Supply Chain Design Software 128

Supply Chain Design Software Case Study Supply Chain Network Software Supply Chain Design 128

Supply Chain Shaman

JUNE 21, 2016

I did not understand warehousing and transportation until reassignment to a logistics role in 1985. The metrics reward functional thinking. While most supply chain teams think of these processes one by one –an example is improving the S&OP in isolation of the larger system– it is a system. It enables growth.

Supply Chain Design Software 161

Supply Chain Design Software Supply Chain Planning Software Network Design Software Modeling 161

Zipline Logistics

JANUARY 24, 2020

Delivering on-time and in-full is essential to success and a metric used by retailers when evaluating partnerships with vendors of all sizes. But first, let’s look at the background of OTIF metrics and why they came to be. For an example, we can look to Walmart’s penalty structure for non-compliant deliveries.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Inventory Reduction How To 52

Supply Chain Shaman

NOVEMBER 9, 2014

Let me give you an example: Last week, I gave a presentation at a global supply chain team meeting of 175 professionals. I believed that we would find a company with the lowest distribution costs (warehousing and transportation), and the lowest manufacturing costs, and this would result in the best overall cost structure.

Manufacturing Procurement 285

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 285

Supply Chain Shaman

AUGUST 14, 2016

An example of a global demand network is IBM iBAT. An example of social listening is the Lenovo Case Study presented at the 2015 Supply Chain Insights Global Summit. An example is the understanding of the shopper across the moments of truth in omnichannel strategies. I know of ten demand networks using this definition.

Material Savings 181

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 181

CH Robinson Transportfolio

OCTOBER 6, 2020

Today, booking loads online is quickly gaining in popularity thanks to the speed and convenience it offers. Our people are still at the heart of growing and maintaining carrier relationships, but through online booking, carriers gain better access—at all hours of the day—to the loads they want most. Leaders from Wynn Transport, Inc.,

North America 44

North America Security Transportation 3PL 44

Supply Chain Shaman

APRIL 14, 2013

To understand supply chain excellence, Abby and I have been studying pattern recognition for industry peer groups at the intersection of the metrics in the Supply Chain Effective Frontier of growth, profitability, cycles and complexity. Publication of our next book. This analysis has been fun and insightful. Why do we need a new Index?

Gartner 267

Gartner S&OP Pharmaceutical Supply Chain Planning Software 267

Supply Chain Shaman

JANUARY 30, 2019

Progress on the key performance metrics of cost, customer service, inventory, and Return on Invested Capital (ROIC) are going backward; not forwards, for most companies. Let’s take some examples. ” (Each mode of transport has different comparison reference data.). The lack of progress is troubling.

Supply Chain Planning Software 167

Supply Chain Planning Software Modeling Software Analytics Software Demand Planning Software 167

Logistics Bureau

OCTOBER 19, 2020

Suppose you wanted to be the fastest runner in the world, for example. The performance measurement pillar, which is the one used for benchmarking, is essentially a hierarchy of key performance indicators (KPIs), comprising more than 150 metrics organised into two levels. Those levels are “benchmarks”.

Benchmarking 52

Benchmarking Agile and Lean Supply Chain Supply Chain Planning Supply Chain Strategy 52

ThroughPut

OCTOBER 14, 2021

In a world that is constantly being optimized for digital connectivity, outdated transport and logistics operations are bottlenecks in themselves. For example, the construction of a township would require more building material than a row of residences. Book a demo for cashflow-focused solutions for your cement supply chain here.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Resource Reduction Cost Reduction Strategies 52

Supply Chain Insights

APRIL 9, 2013

To understand supply chain excellence, we have been studying pattern recognition for industry peer groups at the intersection of the metrics in the Supply Chain Effective Frontier of growth, profitability, cycles and complexity. Publication of our next book. This analysis has been fun and insightful. Why do we need a new Index?

Gartner 137

Gartner Pharmaceutical Supply Chain Planning Software Supply Chain Strategy 137

Supply Chain Shaman

JANUARY 30, 2019

Progress on the key performance metrics of cost, customer service, inventory, and Return on Invested Capital (ROIC) are going backward; not forwards, for most companies. Let’s take some examples. ” (Each mode of transport has different comparison reference data.). The lack of progress is troubling.

Supply Chain Planning Software 154

Supply Chain Planning Software Modeling Software Modeling Analytics Software 154

ThroughPut

OCTOBER 22, 2021

From warehouse inventory to transport and shipping, demand is the key driver while determining supply chain operations. For example, capacity buffers for a toy factory would include a contractual manufacturing workforce to serve increased toy demand during gift-giving seasons. Demand-driven Variability.

Inventory Reduction 52

Inventory Reduction Expense Reduction Resource Reduction Cost Reduction Strategies 52

Talking Logistics

JUNE 10, 2015

See for example: Rethinking Supply Chain Risk Management. For this purpose, we created a new metric that we call “time to survive” (TTS). Over the past two years, I’ve written extensively about the growing importance of supply chain risk management and supply chain mapping. Doing Nothing on Supply Chain Risk Management.

Supply Chain Risk Management 100

Supply Chain Risk Management Risk Management Supply Chain Software Supply Chain Strategy 100

Talking Logistics

JANUARY 18, 2017

The quest to identify and achieve transportation cost savings is an ongoing one for transportation and logistics executives. It’s also a focus area for CEOs and CFOs because of transportation’s impact on the bottom line. What is the main roadblock to achieving sustained transportation savings?

Waste Reduction 100

Waste Reduction Sustainability Transportation Cost Reduction Strategies 100

Supply Chain Shaman

NOVEMBER 29, 2015

Let me explain using some supply chain specific examples, but before I do, let me give you a disclaimer. To take an academic argument into practical examples, let me share five use cases where I think Hadoop might make sense. Let me give you an example. Is this a sign of a looming recession or a transportation opportunity?

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 0

Intelligent Audit

FEBRUARY 3, 2022

Understand data-driven metrics and KPIs within the freight bill auditing services ’ software. For example, Inbound Logistics reported that freight audits resulted in 12-16% savings in 2019. It also ensures that your network partners are not double-billing for the same freight or undercharging, lowering transport spend along the way.

Freight 52

Freight Material Savings Resource Reduction Cost Reduction Strategies 52

CH Robinson Transportfolio

APRIL 20, 2020

For example, if your dock space is limited, a regular schedule through the consolidation program eliminates the need to accommodate pickups of small order quantities from multiple transportation providers. Have your transportation costs for retail customers been increasing? Why you should work with an experienced consolidator.

Inventory Reduction 44

Inventory Reduction Waste Reduction Expense Reduction Cost Reduction Strategies 44

Supply Chain Shaman

APRIL 7, 2016

For example, should customer sentiment data feed into quality systems? For example, in the recession of 2007, DuPont missed the downturn in the market. For example, if you are an apparel retailer, track the number of sales by cut, size, color, occasion, and material. Into warranty systems? Trade promotion decisions?

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

Supply Chain Shaman

MARCH 15, 2016

Since most companies invested in the automation of the enterprise, not the value network, visibility within the company and the transportation network is a strength. Let me give you another example: I was speaking to a supplier critical to delivering materials to the Caterpillar heavy loader division last week. State of Industries.

Supply Chain Software 150

Supply Chain Software Supply Chain Network Software Manufacturing Procurement Supply Chain Planning Software 150