Modern Metrics

synchrono

The two areas of my working world are embracing technology like never before: Marketing and manufacturing. As mentioned earlier, modern manufacturing concepts like The Factory of the Future, Smart Manufacturing and Industry 4.0 The post Modern Metrics appeared first on Synchrono.

The Most Important Distribution Center Metrics to Track and Understand

Cerasis

Throughout the supply chain, the use of metrics to track and understand processes provides an invaluable resource for ensuring increased production and customer satisfaction. What Distribution Center Metrics Need Tracking? Monitor Warehouse Capacity.

Time for a Supply Chain Metrics Cleaning

Logility

Ask yourself, “Are your supply chain metrics bogging you down?” ” To manage a supply chain containing complex dependencies between teams, departments and partner companies across international boundaries requires a rich set of metrics. However, companies often have too many independent metrics that can cause conflicts amongst competing supply chain functions. Functionally isolated metrics lead to sub-optimized supply chain performance.

Changing the Production Performance Metric

Logility

Anyone who has worked with asset intensive process manufacturers knows how hard it is to change the thinking about machine capacity utilization. The world was capacity constrained and the focus was on making more stuff as efficiently as possible.

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. Review of SQM Metrics and Issues Across 5 Core Industries. #1:

Changing the Production Performance Metric

Logility

Anyone who has worked with asset intensive process manufacturers knows how hard it is to change the thinking about machine capacity utilization. The world was capacity constrained and the focus was on making more stuff as efficiently as possible.

The “First Five” Industrial Manufacturing Trends of 2017

Cerasis

Where and how manufacturers make products for Americans will change in 2017. Current industrial manufacturing trends show the new administration is pushing for reshoring among the nation’s biggest manufacturers, and new technologies are revolutionizing how companies respond to growing skepticism and scrutiny by the public and government oversight as well. Manufacturers must adapt to changing demands, or they will become nothing more than a statistic in history books.

Elephant in the Room: Thoughts on Metrics That Matter in Semiconductor and Hard Disk Drives

Kinaxis

Supply Chain Insights recently published a Metrics That Matter report covering both the Semiconductor and Hard Disk Drive (HDD) industries. Semiconductor is poised to consolidate, which will have huge impact on the metrics. by CJ Wehlage.

Why Demand-Driven Manufacturing is Focused on Metrics for Action

synchrono

In Demand-Driven Manufacturing, there is only one measurement that is important to drive performance: Throughput. Demand-driven managers know that having too many metrics leads to conflicting measurements. We call these Metrics for Action. Metrics for Action.

Five Key Elements that Drive Manufacturing Flow

synchrono

If you follow the Demand-Driven Matters blog, you know we specialize in Demand-Driven Manufacturing and have identified the two key components of this method as synchronization and flow. The post Five Key Elements that Drive Manufacturing Flow appeared first on Synchrono.

Automation in the Warehouse: It’s All About Capacity

Veridian Solutions

Unfortunately, warehouse capacity around the country is tight, but available capacity is only being used at rates shy of 70 percent. How can warehouse capacity be both tight and utilized less than 100 percent? To answer that question, let’s go back to how the addition of automation in the warehouse changes the game and enhances the use of available capacity. A Guide to the Warehouse Metrics Supply Chain Execs Should Track.

Wanted: Supply Chain Architects!

Supply Chain Shaman

Let me start with a true confession: I am a manufacturing gal. I relished the sound of a manufacturing line when I opened the door of the factory in the morning, and I liked managing inputs so that we could maximize outputs. In manufacturing, I became good at labor bargaining.

21 Vendor Metrics Your Supplier Scorecard Might be Missing

Supply Chain Cowboy

But is your scorecard missing key metrics? It includes a free Excel template that you can modify to match exactly what metrics you want to measure. While some of these metrics might not apply to your business model, there’s definitely a few to add if they measure something important to you and your customers. Of course, you’ll want to be courteous and professional with your feedback, but being open and honest with this metric can go a long way to solving problems between you.

Guest Commentary: Tight Transportation Capacity, Not Flagging Demand, Behind ISM Report Showing Slowing Activity

Talking Logistics

Analysts point to the steep decline in orders for new transportation equipment as evidence that manufacturers are seeing weakness. In reality, it may not be softening demand at the root of manufacturers’ slowdown in the bookings for new trucks, trailers and other equipment. These weather related delays further exacerbates a capacity crunch already aggravated by the new Hours of Service rules which impacted capacity.

FAQ: Is Demand-Driven Manufacturing the Same Thing as Lean?

synchrono

Many of our customers don’t start out looking to implement Demand-Driven Manufacturing per se. Often, they’re focused on Lean Manufacturing or at least some element of it. Demand-Driven Manufacturing isn’t synonymous with Lean or other related initiatives such as Theory of Constraints.

Lean 42

The Pros and Cons of Consolidating Manufacturing ERP Systems

synchrono

Managing operations through multiple manufacturing systems can be challenging, but it’s a daily reality for many manufacturers. Addressing local regulations and business practices is another common (and good) reason for implementing one manufacturing system over another.

Summary of Development and Manufacture Contracts in the Aerospace and Defense Industries

NC State SCRC

The type of contract of interest in this report is for Development and Manufacture contracts in the Aerospace and Defense industries. Specific Risks in Development and Manufacture Contracts in the Aerospace and Defense Industries. Capacity to innovate [7].

Last Mile Technology: How Technology & Transportation Management Aid in Efficient Execution of the Last Mile

Cerasis

An effective TMS should also be imbued with metrics and analytics to measure performance and ability to meet consumer demands, including boosting labor productivity in warehouses, reports CHAINalytics.com. Additive Manufacturing Brings Manufacturing Close to Consumers.

Guest Blog Part 2: Start Your eKanban Implementation with Value-stream Mapping and Engaging Your Suppliers

synchrono

Through this guest blog series, my intent is to share some of my experiences implementing supplier quality and Lean manufacturing initiatives by focusing on eKanban systems. Some manufacturers experience supplier resistance to a new electronic Kanban solution. Monitor your metrics.

FAQ: Can I Use Demand-Driven Manufacturing in a Make-to-Stock Environment?

synchrono

Demand-Driven Manufacturing seems like it was made for Make/Assemble-to-Order and Engineer-to-Order environments. Demand-Driven Manufacturing is a method of manufacturing where production is based on actual customer orders (demand) rather than a forecast.

Getting Bangladesh’s Apparel Industry on the Map

Supply Chain Brain

Penney , Benetton and Carrefour , were reported to have products being manufactured at the Rana Plaza factory. Chief executive officer Leonardo Bonanni was instrumental in designing the latest version of the Higg Index , a tool for allowing brands, retailers and manufacturers to assess their sustainability performance. Small businesses, which account for a substantial share of the country’s factory capacity, spring up or die all the time.

Doing Business in Belgium

QAD

Manufacturing in Belgium. Typical manufacturing products made in Belgium include engineering and metal products, automobile assemblies, transportation equipment, scientific and precision instruments, chemicals, pharmaceuticals, textiles, glass, petroleum and food and beverages.

When It Comes to the Control Tower, Optimization Is Key

Supply Chain Nation

The associated, implicit (and sometimes explicit) message is that you can manage your supply chain simply by looking at a couple of key metrics on a dashboard or spreadsheet. For example: In highly seasonal consumer goods companies, should manufacturing be done ahead of the season (which can result in inventory-carrying costs) or just-in-time (which could result in overtime costs)? Additional recommended resources: How to prepare for future changes in manufacturing planning.

Supply Chain Visibility and the Bottom-line

synchrono

These improvements in inventory efficiencies then translate into improved financial metrics, including 10% improvement in earnings per share; 5% increase in return on assets; and a 2.5% Frustrated manufacturers report having no idea they were down to the last box of parts.

Your supply chain is costing you money – Reason #3 Not having end-to-end supply chain visibility

Kinaxis

Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. So a scheduler at one plant has no visibility as to the inventory position, capacity or material supplies at another plant. by John Westerveld.

How Supply Chain Planning Can Create Profit in a Declining Market

ToolsGroup

It bought its main rivals to become North America’s largest fine paper manufacturer. [1] They also cut inventory levels, grew sales and resolved capacity issues.

Do Supply Chain Planning systems generate any value?

Kinaxis

The issue is that none of their IT investments in the last 10 years have moved the needle on operational metrics such as inventory levels, case fill rates, and other operational metrics.

‘Best in Class’ Supply chain from a Road warrior perspective – Part 3

Kinaxis

Which metrics are most important? Everyone would agree that the big buckets of metrics are Service, Revenue, Inventory (Cash), and Cost, which support your company’s strategic goals. Recognize achieving the optimal goal for each metric requires trade-offs.

Renegade Riposte

Supply Chain Shaman

The more that I work on supply chain metrics, the more that I believe that both the SCOR model and the Gartner Hierarchy of Supply Chain Metrics (which I worked on for the period of 2006-2010) reward functional, not end-to-end supply chain behavior.

Time to Revisit Your Constraints

synchrono

We talk a lot about constraints management in our work with customers who are implementing Demand-Driven Manufacturing (DDM) in their facilities. Market – Put simply, capacity exceeds demand. For some manufacturers, the real constraint over the last decade has been their market.

[PODCAST] Why Logistics Execs Who Glean Insights from Transportation Management Data Collaborate More & Reduce Shipping Costs

Cerasis

Transportation Management Data Insights Lead to Collaboration, Reduced Shipping Costs, & Beating the Capacity Crunch In this “The Freight Project Podcast” episode you’ll hear : The value to a business to have an executive in charge of driving change and innovation. The Ultimate Guide to Manufacturing, Supply Chain, Logistics, Transportation, & Freight Metrics & KPIs.

Stories of Supply Chain Leadership: An Interview with Joan Motsinger of Seagate

Supply Chain Shaman

In our work on the Supply Chains to Admire report , we tracked the progress of manufacturing, retailing and distribution companies for the period of 2006 to 2013 and 2009-2013. When I think back, at the beginning of the decade, it was about designing the product for manufacturing.

Is Inventory Waste or an Asset?

Supply Chain Shaman

There are two buffers in the supply chain: inventory and manufacturing capacity. As assets become more and more utilized manufacturing loses the ability to buffer volatility through manufacturing capacity optimization.

Using Analytics to Manage Inventory

Silvon Software

It’s true that inventory management is a challenge for both manufacturers and distributors. Days of inventory , which indicates how much cash is used for stored capacity. This metric should be compared to both lead times and product demand for effective inventory planning.

The Top 10 Supply Chain Blog Posts from 2017

Cerasis

Today, is day two of our annual year-end series highlighting the top blog posts in each of our 5 main categories: Manufacturing , Supply Chain , Logistics , Transportation Management , Freight. Omnichannel Supply Chain Metrics: What Should Supply Chain Leaders Measure?

Takeaways from Descartes Evolution 2019

Talking Logistics

This was not a trivial transition because the software industry, until relatively recently, was long fixated on measuring its health and success by new license revenue (sales of products) instead of customer-centric metrics, such as realization of ROI and payback objectives.

Gartner’s Five-Stage Maturity Model for Supply Chain Analytics

ToolsGroup

They cite manufacturers and retailer benefits such as 20% reduction in inventory, 10% improvement in customer service levels, 10% increase in revenue, and 25% increase in available capacity. Gartner measures supply chain analytics maturity across seven different dimensions.