GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). The definition of this metric is similar to the way it sounds. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Supply Chain Shaman

MARCH 5, 2019

In the visibility use case avoid three watch outs: 1) Make Sure That The Data Is Actionable. In many deployments of telematics, companies get visibility on truck status, but the data is an overkill. Contract manufacturing or 3PL data often will have a 24-hour latency due to batch integration. Master data. Warranty data.

Supply Chain Design Software 282

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 282

Supply Chain Shaman

MAY 29, 2014

Take the chemical industry. The reason is that as a chemical company, they must run assets, and the methodology penalizes companies with deep asset strategies. I think that the discussion on supply chain excellence should be a data-driven discussion. As a result, the metrics have to be viewed together as a pattern over time.

Gartner 301

Gartner Inventory Reduction Supply Chain Planning Software Pharmaceutical 301

Unleashed

NOVEMBER 16, 2022

New manufacturing data has revealed which industries and nations are leading the way in the post-pandemic economic recovery – and the tactics they’re using to beat supply chain disruption. We did this by analysing four key metrics: The average value of total stock on hand – reflecting the volume of goods held (plus impacts from inflation).

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction New Zealand Price Reduction 52

Supply Chain Shaman

DECEMBER 10, 2014

In figure 1, it is clear in process networks (industries of chemical, pharmaceutical, and food) that there is a significant different in capabilities when companies use B2B Networks versus EDI, Fax, email or spreadsheets. In our recent work, we continue to try to understand the trends. It is ironic. Enjoy the holidays.

Supply Chain Network Software 279

Supply Chain Network Software Pharmaceutical Supply Chain Software Supply and Demand 279

Supply Chain Shaman

JULY 22, 2019

The research is independent and data-driven. Industry-by-industry, I compiled data for the period of 2010-2018. The source data for the analysis comes from Ycharts.). We selected these metrics based on correlation work with Arizona State University in 2012. The companies I work with struggle to set metrics targets.

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Gartner Supply Chain Software 250

EcoVadis

MAY 31, 2018

Read on for more details about EcoVadis ratings in this interview (first published on the ING Wholesale Banking site): Rating Sustainability Performance: An Essential Business Metric. Our customers are finding that high-scoring companies are the ones engaged in creating long-term shared value.

Procurement Analytics 68

Procurement Analytics Metrics Sustainability Optimal Sourcing 68

CH Robinson Transportfolio

DECEMBER 21, 2016

The Chemical Supply Chain: 3 Things Learned from This Year’s LogiChem Conference. The panels and presenters at LogiChem USA displayed an expertise in chemical supply chains seen nowhere else. As LogiChem is an event focused on logistics in the chemical industry, it came as no surprise that this was one of the overarching themes.

Chemicals 34

Chemicals Conference Supply Chain Planning Software Gartner 34

Logility

JANUARY 26, 2022

Reporting will need to reveal such information as total volume of material produced, carbon emissions, water consumption and pollution, chemical usage, storage, and disposal practices, median wages, and measures for responsible company conduct embedded in policies and management systems. Supplier collaboration.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Design 130

Supply Chain Shaman

AUGUST 12, 2020

The methodology did not include a peer group analysis, and I strongly felt that chemical, retail, and telecommunications companies should not be compared in the same analysis. The research project analyzed 1200 combinations of 180 metrics for four hundred companies for the period of 2010-2012. The result? The reason?

Gartner 235

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 235

The Logistics & Supply Chain Management Society

MAY 28, 2022

It’s critical that you do, as mapping your supply chain, while challenging, will allow you to obtain and maintain critical data. Addressing supply chain challenges requires a framework spanning processes, people, data, and. Real-time data driven decision making is critical. Data leads to insight, which leads to action.

Supply Chain Planning Software 269

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Innovation 269

Supply Chain Shaman

AUGUST 7, 2019

We draw a timeline on a conference room wall and using customer shipment and compliance data, we plot the issues with customer service and product outages. I ask, “ Do you have data that could be used to alleviate the issue in the future?” ” Or alternatively, “Is there data that could be sourced to help?”

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 250

Material Handling & Logistics

SEPTEMBER 8, 2017

The Institute for Supply Management conducted a special survey that asked members to assess how Harvey might impact six key business metrics and whether they may be impacted by shortages of input materials due to Harvey. "Our Broadly speaking, the six metrics organized by severity of impact into three groups. Most Impacted Metrics.

Metrics 98

Metrics Texas Chemicals Supply Chain 98

Supply Chain Game Changer

AUGUST 21, 2022

A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. This chemical manufacturer is converting its entire distribution system to containers. In order to measure the efficiency of your supply chain, companies must track certain metrics. Supply Chain 4.0

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

Resilinc

NOVEMBER 14, 2022

While some of the increase was due to growth in our customer base and the number of suppliers monitored (more factories = more potential for factory fires) the trend line was rising at a much faster clip than business metrics would account for. The result is the recently published report: Spotlight on Factory Fires.

Study 62

Study Buyer Training Japan Supply Chain Risk Management 62

Supply Chain Shaman

JANUARY 8, 2014

Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. Prior to joining Starbucks, he worked at the executive leadership level in Europe, Latin America and North America at ICI, a global chemical company. How do you define the metrics that matter?

Procurement Analytics 259

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 259

AIMMS

MAY 14, 2018

Common causes for this include poor change and process management, misalignment in terms of business strategy, mismatched metrics across the business, dysfunctional technology and lack of expertise to operate and implement technology. We recently offered a workshop at LogiChem, a chemical industry conference.

S&OP 207

S&OP Supply and Demand Meeting Prescriptive Analytics Software 207

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

Supply Chain Shaman

OCTOBER 5, 2018

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. The orbit chart below illustrates L’Oréal’s performance at the intersection of two metrics.

Case Study 254

Case Study Inventory Reduction Agile and Lean Supply Chain Study 254

AIMMS

MAY 14, 2018

Common causes for this include poor change and process management, misalignment in terms of business strategy, mismatched metrics across the business, dysfunctional technology and lack of expertise to operate and implement technology. We recently offered a workshop at LogiChem, a chemical industry conference.

S&OP 156

S&OP Supply and Demand Meeting Scenario Planning 156

Logility

JUNE 27, 2018

Swimming pool control systems that automatically adjust chemical levels based on your desired water chemistry and immediately alert you to potential issues or equipment failures. Common Data Platform: Enables visibility and performance measurement of cross-functional processes and collaboration with trading partners.

Prescriptive Analytics Software 113

Prescriptive Analytics Software Analytics Software Predictive Analytics Analytics 113

NC State SCRC

NOVEMBER 2, 2023

His first position was with Air Products and Chemicals in finance, and he quickly became bored with it. When I was there, an employee’s base pay came every 4 weeks, and it would go up based on hitting certain metrics – Net Sales and Return on Total Assets. Depending on whether you hit those parameters – your salary went up or down.

Procurement Analytics 52

Procurement Analytics Negotiating Skills Manufacturing Procurement Optimal Sourcing 52

Resilinc

NOVEMBER 8, 2023

In this blog, we dive into Resilinc’s exclusive supply chain data to uncover the top five disruptions to high-tech and semiconductors in 2023. Typically, Factory fires are consistently the number one disruption reported globally, according to Resilinc data. What were the causes behind these disruptions? Is There Still a Chip Shortage?

Supply Chain Disruption 53

Supply Chain Disruption Supply Chain Planning Software Supply Chain Software Supply Chain Planning 53

Logility

JUNE 28, 2018

Swimming pool control systems that automatically adjust chemical levels based on your desired water chemistry and immediately alert you to potential issues or equipment failures. Common Data Platform: Enables visibility and performance measurement of cross-functional processes and collaboration with trading partners.

Prescriptive Analytics Software 101

Prescriptive Analytics Software Analytics Software Predictive Analytics Analytics 101

Talking Logistics

NOVEMBER 10, 2014

Herman Woltjes, Shell Chemicals – “Logistics Execution”. “Elemica Logistic Tools in Shell Chemicals,” Herman Woltjes, Shell Chemicals, Elemica reveal 2014. Ralf Kahre and Patrick Gött, BASF – “End-to-End Business Process Management”. The net result was high detention charges and inefficient use of labor.

Optimal Sourcing 171

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

OptiProERP

FEBRUARY 8, 2024

This process builds melted material layer by layer as the nozzle moves horizontally and the bed moves vertically, with layer adherence facilitated through temperature control or chemical bonding agents. Companies must establish robust data integration protocols and standards to facilitate interoperability and prevent data silos.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Design Software 52

Supply Chain Shaman

MAY 14, 2013

This week, at Supply Chain Insights LLC, we published our 11th report in the series titled Supply Chain Metrics That Matter. Over the course of a year, we analyzed a decade of financial data to gain an understanding of how companies and industry sectors are balancing growth, profitability, cycles and complexity.

Supply Chain Design Software 254

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 254

Supply Chain Shaman

AUGUST 2, 2017

The average company has seven S&OP processes, but a global chemical company averages over 30. However, to maximize the effectiveness of S&OP there is a need for a corporate view of data. Metrics Definition. Data Models. Businesses are different. Here I start the discussion of commonalities and differences.

S&OP 154

S&OP Supply and Demand Supply Chain Design Software Supply Chain Planning Software 154

Supply Chain Shaman

OCTOBER 25, 2013

It is a quest and the subject of my next book, Metrics That Matter , that will publish in September, 2014. A chemical company just should not be compared to a high-tech company using this methodology. We will share this data at our Supply Chain Insights Global Summit to be held in Scottsdale, AZ on September 10-11, 2014.

Gartner 257

Gartner Supply Chain Strategy Supply Chain Software Supply Chain 257

Talking Logistics

MARCH 2, 2017

Next, align your service level expectations by rewarding outstanding performance and standardizing metrics about on-time delivery, invoice accuracy and communication. With more than 100,000 North American truckload carriers, you can secure truckload capacity by first identifying credible carriers that share the same values as your company.

Capacity 0

Capacity Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 0

Supply Chain Shaman

AUGUST 2, 2017

Today, the average company has seven S&OP processes, but a global chemical company averages over 30. However, to maximize the effectiveness of S&OP there is a need for a corporate view of data. Metrics Definition. Data Models. The proliferation of S&OP is not a trivial topic. Businesses are different.

S&OP 152

S&OP Supply and Demand Supply Chain Design Software Supply Chain Planning Software 152

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. Objectivity: We are correlating the formula based on quarterly stock market valuation data.

Gartner 267

Gartner S&OP Pharmaceutical Supply Chain Planning Software 267

Supply Chain Shaman

AUGUST 26, 2015

News anchors broadcast real-time data on the stock market, and while there are many commentaries on the positives and the negatives, what is clear is we are in a period of change and uncertainty. They wanted to know, “ How was the market affecting the chemical supply chain?” The water cooler is buzzing. They are not.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

Talking Logistics

JANUARY 8, 2018

Do we have the right Service Level Agreement metrics in place? The chemical and process industries, which are very regulated, have an additional layer of risk: the movement of very hazardous materials between buyers, sellers, and logistics service providers. Is the mode of transport the most efficient to impact on-time delivery?

Supply Chain 103

Supply Chain Logistics Network Optimization Software Real-time Visibility Sourcing Strategies 103

Supply Chain Shaman

JUNE 3, 2013

Today, while the hype has dissipated, some data exchanges remain, and a few are starting to thrive again. Formed in 1999 to serve the process chemical industry, Elemica is moving from a singular vision of e-procurement to multi-tier visibility and collaborative workflow. Today, I feel that this advice is still relevant.

Supply Chain Design Software 253

Supply Chain Design Software Supply Chain Planning Software Procurement Analytics Manufacturing Procurement 253

Talking Logistics

MAY 13, 2015

Like the multi-billion dollar chemical manufacturer that had been paying market rates for ocean transportation for eight years because nobody realized that their contract, filed away in a drawer by a transportation manager who had left the company, had expired. From the article: Columbia Sportswear added $415.6 billion in worldwide revenue.

Supply Chain Software 100

Supply Chain Software Procurement Analytics Analytics Software Supply Chain 100

Talking Logistics

DECEMBER 5, 2017

The advent of transportation management systems (TMS) in the 1990s introduced near-infinite metrics and data points into the supply chain yet brought with it more questions than answers: How do we centralize the data? Most systems are flexible enough to merge data from external sources into the algorithm architecture.

Prescriptive Analytics Software 105

Prescriptive Analytics Software Analytics Software Supply Chain Design Software Predictive Analytics 105