[PODCAST] Why Shippers Looking for Capacity & High Service Levels Need the Right Carrier Mix & Logistics Fundamentals Focus

Cerasis

What are some not so commonly known tips, as it relates to be more carrier friendly, that shippers should focus on to find capacity during this capacity crunch. Listen to “Why Shippers Who want to Find Capacity & Keep Service Levels High Must have the Right Carrier Mix & Focus on the Logistics Fundamentals” on Spreaker. Capacity & Carrier Metrics Resources to Download.

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?

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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?

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. With China already a source for semiconductor raw materials and the China/India end consumer market growing, there will be pressure to supply chips and hard drives to local China/India OEM’s first. by CJ Wehlage.

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.

Wanted: Supply Chain Architects!

Supply Chain Shaman

Much to my chagrin, when I entered into the world of supply chain, the processes of source, make and deliver were usually not designed. Instead, I think that it needs to be holistic to balance the trade-offs of source, make and deliver together. This is difficult for the average company since only one in two supply chains have source, make and deliver reporting through the same organization (reference Figure 1).

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. Then look at Sprint , where the handset division came up with the idea to effectively create their own marketplace for used handsets, configuring their sourcing product to run mass volumes of global forward auctions on used handsets to optimize the price received, generating over $1B in revenue in 2018.

7 KPIs Your Procurement Team May Be Ignoring!

Supply Chain Game Changer

During sourcing projects, compliance is a valued attribute from the side of a supplier. Begin to track the responsiveness and capacity of a supplier to respond to demands, especially when the demands are urgent. Relying on too few suppliers and not diversifying your sources creates a high risk of dependency, and potential further problems if one of them pulls out at the last moment” ( Schlosser 2018 ). procurement #purchasing #metrics #highperformance. Subscribe Here!

Getting Bangladesh’s Apparel Industry on the Map

Supply Chain Brain

Illegal subcontracting at Rana Plaza resulted in many foreign brands losing faith in the country as a legitimate source of offshore production. In theory, factories should be eager to be identified as legitimate sources of production, as a means of securing more business. Small businesses, which account for a substantial share of the country’s factory capacity, spring up or die all the time.

History Repeats Itself Without Supply Chain Leadership

Supply Chain Shaman

We had a choice to either install newer high-capacity machines for the Jell-O lines (CM Bartelts) running at over 1500 packages/minute or slower, more flexible equipment (IM Bartelts) at a rate of 650 pouches/minute. Despite goals to improve agility and resiliency, functional metrics for manufacturing efficiency continually throw the supply chain out of balance. The second step is to align metrics to the strategy.

Is Your Supply Chain Ready for Social Media-Fueled Demand Volatility?

ToolsGroup

Examples are: customer experience metrics, feedback on new product features and pricing, customer satisfaction and loyalty, and competitive intelligence. Other sources: 1 [link]. Have you noticed how the clock speed of just about everything has sped up considerably in just a few years?

Reimagine Supply Chain of the Future – agile, resilient, and balanced – LogiSYM July 2020

The Logistics & Supply Chain Management Society

To create flexible and balanced supply chain organisation, it is necessary to integrate strategy, processes, metrics, and technology enterprise wide and across customers, suppliers, and service providers. Identify sourcing plant/s which can back-up each other in times of disruptions.

Overcoming obstacles to integrating finance with supply chain operations

Kinaxis

IBP helps achieve key performance indicators (KPIs) like sales, customer satisfaction, inventory level and other metrics outlined in the strategic plan. Overcoming that challenge means developing meaningful and robust metrics that measure financial performance, and including them in S&OP operations. That means bringing together data from multiple sources, whether it’s financial or supply chain-related, into a single system for viewing and analysis.

2020 Requires Big Wings and Feet

Supply Chain Shaman

The organization, tightly capacity-constrained failed to forecast and build capacity ahead of market demand. 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. The two primary buffers in the supply chain are manufacturing capacity and inventory.

The Sensing + Intelligent + Social Supply Chain: Why do you need it?

Kinaxis

At the time, they represented big improvements in planning capacity. Planning delays lead to higher inventory levels, lower capacity utilization, and subpar on-time delivery performance. The reality is, there’s never going to be one perfect answer that doesn’t involve some level of tradeoff across conflicting metrics and objectives. The result is a need for integration between modules, but also between companies with their own ERP systems and data sources.

Renegade Riposte

Supply Chain Shaman

After, I explained this, I granted Peter permission for the council to use the Index (the use of the Supply Chain Insights content follows the principles of open source), I then said to Peter, “I am glad that you called. 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.

10 Ways Effective Transportation Management Drives Competitive Advantage

Cerasis

As we head towards what many experts are citing as a 2017 carrier capacity crisis and growing demands from consumers to keep them happy call for shorter delivery cycles, the traditional strategy of procurement cost saving and shipment consolidation opportunities have to be supplemented through innovative solutions, to deliver the best bang for the buck. Additionally, some level of predictability helps in the carrier sourcing aspect of the business too.

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. Here are the five stages: In Stage 1 the goal is to use data to measure a single metric within a particular function , focused on after-the-fact performance. Data comes from both internal sources and external trading partners to focus analytics at a network level.

Help Supply Chain Planners Be More Successful In These Uncertain Times

Supply Chain Shaman

Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods. The answer is to increase modeling, evaluate sourcing strategies, and build the right push/pull decoupling points.

Effectively Manage Foodservice Supply Chains During Disruptions

CH Robinson Transportfolio

Every decision becomes more impactful based on these metrics. With driver shortages and temperature-controlled capacity at a minimum, transportation itself is a critical element of any supply chain. With foodservice providers shuttered, it’s been an uncertain year for many.

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

Supply Chain Shaman

We then rated companies on their ability to manage and improve a portfolio of metrics: operating margin, inventory turns and Return on Invested Capital (ROIC). To make the Supply Chains to Admire list, a company had to score above average of their peer group for supply chain improvement as measured by the Index, and drive performance above average in the portfolio of metrics for operating margin, inventory turns and Return on Invested Capital (ROIC).

Analysts Support a Single Model for Sales and Operations Planning

ToolsGroup

With a single version of the truth, planners can model scenarios for S&OP meetings, so stakeholders from sourcing, manufacturing, logistics, sales, and finance can assess the options and trade-offs. For each scenario, planners have visibility down to the SKU-location level, to evaluate capacity and stocking needs. Uniting planning and operations in one model also enables companies to reconcile customer constraints with their own high-level decisions and performance metrics.

S&OP 159

The emerging shape of recovery

SupplyShift

Of the companies surveyed since March, 43 percent reported that they were running at 81-100 percent of capacity, and 14 percent reported that they were actually operating at more than 100 percent of capacity. For suppliers that did report lowered capacity, the three main reasons cited were government-mandated shutdown, reduced demand, and supply chain disruptions from their own suppliers. The economic impacts of the COVID-19 coronavirus were swift.

India 40

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

Material Handling and Logistics

For organizations that source products from suppliers in remote regions, blockchain can provide clarity in an otherwise murky journey from harvest to retail. 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).

Food 111

Data integrity: Bad data and 3 good things to do about it when supply chain planning

Kinaxis

New data sources. With mergers and acquisitions, new data sources are added along with the data in these systems. Depending on the system and processes inherited with the new source, data issues could be significant. There are companies that have found a way to interrogate their data with standard data integrity processes, views and metrics. Because you need to be able to look at all data across the entire network, one source of the truth will be invaluable.

7 Ways to Strategically Elevate Freight Procurement

Talking Logistics

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. The embodiment of this transformation is the chief procurement officer, an increasingly common title for executives that strategically source goods and services. Adopt performance metrics for carriers.

The Case for Less Silos, More Intelligence in Supply Chain Management

Talking Logistics

Source: “The Case for Less Silos, More Intelligence in Supply Chain Management,” webcast presentation by Adrian Gonzalez, Adelante SCM. Logistics, Manufacturing, Procurement, Sales and Marketing — these functional groups, for the most part, continue to operate independently from each other, each driven by their own objectives and metrics. Simply put, he would always have to scramble and pay above market rates to find enough trucking capacity to meet demand.

SCM 192

Supply Chain Management Services

LeanCor

When sourcing supply chain management services, think about the provider’s approach to people and processes. Choosing the right target means defining your metrics, such as measuring carrier performance. Here are some general questions to ask when sourcing supply chain management services: Does the 3PL provide the services required? Does the company have the required warehouse space, dock capacity, warehouse personnel, etc.?

3PL 171

Five Key Elements that Drive Manufacturing Flow

synchrono

Data from machines, tools, applications, enterprise systems – any data source – is synchronized to drive decision-making (In our view, this also enables the Industrial Internet of Things – IIoT.). Align metrics – 6 metric categories to monitor for driving action in Demand-Driven Manufacturing environments. That is, drive flow to the point that they’ve increased capacity to take on more work – or enter new markets.

The Flexibility Test

BluJay Solutions

Fast-forward a few weeks and we appear to be right back into a capacity shortage as numerous industry sources are confirming that spot buy rates have steeply increased. Forward-thinking carriers and 3PLs are creating metrics for shipping location-specific “user reviews.”

The Sensing + Intelligent + Social Supply Chain: How can you achieve it?

Kinaxis

Adding automated integration of data from multiple sources, sites, regions and countries allows planners to accelerate decision making without having to wait. Having a supply chain management software solution that can accomplish this means one that can bring all supply chain data elements from any source into a single place for convenient, easy, instant access. It has to be integrated seamlessly from all sources. Do I have the inventory and capacity to support?

Life is complicated. Supply chain management shouldn’t be.

Kinaxis

Instead, bring a little peace back into your life by harmonizing all that disparate data from multiple sources and legacy enterprise resource planning (ERP) systems and bringing it together in one solution. They’ll be no need to import and verify data from multiple sources, which will cut down on the potential for data errors or integrity issues, and speed up the decision-making process.

Conquering the Explosion of Supply Chain Planning Data

Logility

Structured and unstructured data including that from social media, Internet of Things (IoT) and Blockchain sources continue to stream in but much is left untouched. Building a digital twin involves capturing, standardizing, blending and modeling both structural supply chain data (capacities, lead-times, network relationships, etc.) Key Performance Metrics: The ability to identify and measure KPIs will help prioritize and measure transformation efforts.

Are You Up to Speed with Supply Chain Digitization?

Supply Chain Collaborator

Trucking and overall transportation capacity in the US is at or near all-time highs at the exact moment that supply chains have grown increasingly complex. More creative, flexible, diversified mode selections and models are emerging as shippers seek ways to offset truckload capacity constraints and ensure their supply chains can wring out the efficiency needed to meet increasingly short delivery windows.