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. Additionally, the use of metrics fosters positive relationships with coworkers and adherence to rulesets and best practices for the respective third-party logistics provider (3PL). What Distribution Center Metrics Need Tracking? Monitor Warehouse Capacity. Identify Peaks in Warehouse Capacity.

Modern Metrics

synchrono

Given the more customer-centric demand-driven model – coupled with greater access to information – the metrics that manufacturers monitor to make improvements in operations become more focused and actionable. Inventory Turns, On-time Delivery and Fill Rate provide an overall indication of Operations and Supply Chain health, while other metrics such as Schedule Adherence, Supplier Quality and Yield provide more localized insight.

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Top 10 Metrics to Track and Manage Risk in the Supply Chain – Part 1

Cerasis

Procurement teams continue to struggle with finding available suppliers and shipping capacity to enable supply chain responsiveness. The post Top 10 Metrics to Track and Manage Risk in the Supply Chain – Part 1 appeared first on Transportation Management Company | Cerasis. Under the current COVID-19 global pandemic, managing risk in the supply chain has taken on a renewed importance.

Three Metrics for Managing Truckload Capacity in a Volatile Market

CHAINalytics

The post Three Metrics for Managing Truckload Capacity in a Volatile Market appeared first on Chainalytics. By Matt Harding | Principal, Transportation For-hire truckload spend accounts for roughly $300 billion of economic activity across the United States. For shippers managing day-to-day costs and dealing with service issues in volatile markets, managing carrier performance can be one of the more difficult jobs in supply chain management today.

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.

Where are you on your capacity planning journey?

Kinaxis

by Bill DuBois Balancing capacity can be as challenging as walking a tight rope. Not enough capacity and you lose balance when it comes to delivery and customer satisfaction. Too much capacity and you lose your balance when it comes to costs and margins. All companies are walking this fine line with capacity planning , but some are continuously waving their arms trying to stay upright, while others have secured their footing. Supply chain management Capacity planning

[PODCAST] Why Transportation Management Data Has Carriers & Shippers Forging Collaborative Relationships to Beat the Capacity Crunch

Cerasis

The Role of Transportation Management Data for Improved Carrier Relations In this episode Kevin and Cerasis’ Marketing Manager & “The Freight Project Podcast” host, Adam Robinson discuss how transportation management data aids shippers & carriers to forge fact-based, transparent partnerships to aid in beating a capacity crunch. Both shippers and carriers have historically used capacity swings in their favor to gouge the other.

Where have all the Truckers Gone? 10 Strategies for Shippers to Fight the Capacity and Trucker Shortage

Cerasis

Transportation capacity problems have been a volatile issue over the past twenty years or so. Contributors to Capacity and Trucker Shortage. The 2014 winter weather triggered a trucking capacity problem. And, new regulatory changes establishing no less than twenty new rules, each either already in effect or in the process of enactment, will further impact capacity throughout the U.S. In 2014 utilization was 100% of capacity, a crisis phase.

Top 5 Metrics & Benchmarks To Measure In Pickup & Delivery Logistics

Abivin

Managing your business operations would be challenging without proper metrics and data analytics. Below are 5 significant metrics in Pickup & Delivery Logistics that any company can use to measure their performance in meeting initial goals. Perfect Shipment Measurement This metric can also be called Perfect Order Measurement. For retail vendors, this metric is particularly crucial, since they may have to pay a penalty for orders that show up late.

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.

Preparing Your Supply Chain for Capacity Challenges

Transplace

Preparing Your Supply Chain for Capacity Challenges. And while capacity has loosened in the first half of 2019, the spot market is still well above the levels seen in 2015, 2016 and even early 2017. In this current environment, a capacity crunch can truly rewrite the rules of the game—making it critical to be prepared in advance. This allows both parties to plan appropriately and flex when the capacity market fluctuates. Data, Metrics and Communication.

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. Inside-out to outside-in is starting to turn. For years asset utilization has been the de facto measurement where running smaller lot sizes was not an option. My have things changed.

Capacity Planning Software – Plan, Analyze and Prepare for capacity

ThroughPut

What is Capacity planning software? Capacity planning software is a programmable solution that helps manufacturing organizations understand the actual production capacity needed to address fluctuating demands for its products and services. With reference to capacity planning, design capacity is defined as the maximum amount of work that an organization is capable of completing in a given period. How much capacity buffer is needed for those?

Capacity Planning Software – Plan, Analyze and Prepare for capacity

ThroughPut

What is Capacity planning software? Capacity planning software is a programmable solution that helps manufacturing organizations understand the actual production capacity needed to address fluctuating demands for its products and services. With reference to capacity planning, design capacity is defined as the maximum amount of work that an organization is capable of completing in a given period. How much capacity buffer is needed for those?

Capacity Planning Software – Plan, Analyze and Prepare for capacity

ThroughPut

What is Capacity planning software? Capacity planning software is a programmable solution that helps manufacturing organizations understand the actual production capacity needed to address fluctuating demands for its products and services. With reference to capacity planning, design capacity is defined as the maximum amount of work that an organization is capable of completing in a given period. How much capacity buffer is needed for those?

Preparing Your Supply Chain for Capacity Challenges

Transplace

Preparing Your Supply Chain for Capacity Challenges. And while capacity has loosened in the first half of 2019, the spot market is still well above the levels seen in 2015, 2016 and even early 2017. In this current environment, a capacity crunch can truly rewrite the rules of the game—making it critical to be prepared in advance. This allows both parties to plan appropriately and flex when the capacity market fluctuates. Data, Metrics and Communication.

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. Inside-out to outside-in is starting to turn. For years asset utilization has been the de facto measurement where running smaller lot sizes was not an option. My have things changed.

5 key metrics for last-mile logistics

Abivin

How do we know if all capacity has been utilized? It is not an easy task, but thanks to the 5 key metrics below, we can better manage the performance of this last mile supply chain. Cost per Km The Cost per Km metric is an easy way to determine the cost it takes to drive a vehicle one kilometer. Fleet Capacity Utilization It is common sense that a logistic company wants to utilize its fleet capacity as close to 100% as possible.

Manufacturing Throughput – A Comprehensive Guide on Key Manufacturing Metrics

ThroughPut

It is considered as a measure of the productive capacity planning of industry, machine, factory, or an individual. It can also impact fellow workers’ time and capacity. The post Manufacturing Throughput – A Comprehensive Guide on Key Manufacturing Metrics appeared first on ThroughPut. What is Manufacturing Throughput?

Manufacturing Throughput – A Comprehensive Guide on Key Manufacturing Metrics

ThroughPut

It is considered as a measure of the productive capacity planning of industry, machine, factory, or an individual. It can also impact fellow workers’ time and capacity. The post Manufacturing Throughput – A Comprehensive Guide on Key Manufacturing Metrics appeared first on ThroughPut. What is Manufacturing Throughput?

Manufacturing Throughput – A Comprehensive Guide on Key Manufacturing Metrics

ThroughPut

It is considered as a measure of the productive capacity planning of industry, machine, factory, or an individual. It can also impact fellow workers’ time and capacity. The post Manufacturing Throughput – A Comprehensive Guide on Key Manufacturing Metrics appeared first on ThroughPut. What is Manufacturing Throughput?

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. We are at a time where consumer electronic brands have a 9 month (that’s 270 days) lifecycle, while Semiconductor & HDD supply chains have 6 month component lead-time, with 3-5 year depreciation of capacity. by CJ Wehlage.

Top 5 Metrics & Benchmarks To Measure In Pickup & Delivery Logistics

Abivin

Managing your business operations would be challenging without proper metrics and data analytics. Below are 5 significant metrics in Pickup & Delivery Logistics that any company can use to measure their performance in meeting initial goals. Perfect Shipment Measurement This metric can also be called Perfect Order Measurement. For retail vendors, this metric is particularly crucial, since they may have to pay a penalty for orders that show up late.

Last Mile Metrics: 11 Metrics to Measure in Last Mile Logistics

Cerasis

Using technology to improve last mile metrics is essential to driving last mile costs down, but how do shippers know if the technology is helping or hurting? The answer to this question lies in using last mile metrics to track key performance indicators and target levels of service to ensure accountability, visibility and continued reduction of costs in last mile delivery. Essentially, shippers need to track these 11 metrics. On-Time Deliveries Are King of Last Mile Metrics.

Top 5 Metrics & Benchmarks To Measure In Pickup & Delivery Logistics

Abivin

Managing your business operations would be challenging without proper metrics and data analytics. Below are 5 significant metrics in Pickup & Delivery Logistics that any company can use to measure their performance in meeting initial goals. , This metric can also be called Perfect Order Measurement. Also called Must-Arrive-By-Date (MABD) Adherence, this metric shows the average of delivering on time against the date required by customers.

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.

Are Your Manufacturing Metrics Meaningless?

synchrono

In any manufacturing environment, delivering what you promised when you promised is good business, so measuring this metric makes sense. However, as simple as this metric should be to measure, it can get complicated. Making Manufacturing Metrics Meaningful Again. Creating a common definition for key metrics and then letting a system, such as SyncView from Synchrono, serve that KPI up in a dashboard helps ensure everyone is working from the same version of the truth.

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

Talking Logistics

Capacity — While the Northeastern winter disruptions may be “baked into” transportation plans, the closure of Atlanta, combined with Chicago and NY/NJ, resulted in widespread delays of shipments across the entire country for several days. These weather related delays further exacerbates a capacity crunch already aggravated by the new Hours of Service rules which impacted capacity. Further, the extreme cold has taken a toll on equipment, sidelining even more capacity.

Why Demand-Driven Manufacturing is Focused on Metrics for Action

synchrono

Demand-driven managers know that having too many metrics leads to conflicting measurements. We call these Metrics for Action. Metrics for Action. Metrics for Action are not intended for overall business analysis or for simply reporting. Rather, they are metrics grounded in Lean Manufacturing , Constraints Management, and Six Sigma principles that serve as operational indicators that can be acted on to improve production flow and ultimately, Throughput.

Spot Tendering: Are You Prepared for Capacity Shortfalls in Your Transportation Operation?

Supply Chain Nation

With the recent hurricanes that have hit Florida, Texas and Puerto Rico, we’ve seen another practical example where assumptions on carrier capacity are challenged at inopportune times. Large corporations are also hedging on securing capacity, creating more capacity challenges in the marketplace. For example, major retailers have recently started to secure large amounts of capacity to ensure they can deliver goods from mid-November through Christmas.

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.

5 Easy-to-Use Ways to Monitor Supply Chain Health

Talking Logistics

Do you have the right metrics? Metrics show how your supply chain is performing – providing they are the right ones to do the job. Inappropriate metrics can give a false or incomplete picture of supply chain performance. Second, what metrics are the best indicators of performance in terms of these goals? These are examples of metrics that may or may not support your goals. Benchmark your operation using the selected metrics.

Wanted: Supply Chain Architects!

Supply Chain Shaman

This analysis is ad-hoc is usually stimulated by the launch of a new product or a shift in capacity. I then pack my bags and scoot out the door to sign books and discuss the research completed for the S upply Chain Metrics That Matter book at the ISM event on Thursday, May 14th in Atlanta. Lora has written the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters.

Spot Tendering: Are You Prepared for Capacity Shortfalls in Your Transportation Operation?

Supply Chain Nation

With the recent hurricanes that have hit Florida, Texas and Puerto Rico, we’ve seen another practical example where assumptions on carrier capacity are challenged at inopportune times. Large corporations are also hedging on securing capacity, creating more capacity challenges in the marketplace. For example, major retailers have recently started to secure large amounts of capacity to ensure they can deliver goods from mid-November through Christmas.

OverStocksis. A Dangerous Infectious Disease

The Supply Chainer Report

Metrics. Therefore, metrics should be accountable for preventing a potential Over Stock in l ower water tanks first and then into the top. Nowadays, Metrics are tipically in charge of detecting current over levels of Stock such as, Days On Hand (DOH), Days Of Coverag e (DOC), (%) SKUs below Safety Stock , RAGY dashboards and so on. As presented above, metrics are mostly focus on showing the current situation of the business.