Seven Strategic Components for a Proactive Process Chemical Supply Chain

Logility

Process chemical manufacturers face complex supply chain challenges including dealing with hazardous and perishable ingredients whose characteristics (potency, color, composition, etc.) Add to these factors razor-thin margins, SKU-proliferation, globalization, long lead times to increase capacity, and products that tend to be heavy and expensive to move and you start to understand the complexities involved with running an efficient process chemical supply chain.

Supplier Quality Management: What it is, 5 Key Metrics to Know & a 4 Step Supplier Evaluation Process

Cerasis

Therefore, it is paramount for you as a logistics and supply chain professional to have a keen sense of how to properly evaluate a supplier. 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.

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Key Ingredients to Formulating a Winning Supply Chain Strategy in the Process Chemical Industry

Logility

Chemical manufacturers are faced with shrinking margins and cannot afford to put the wrong product in the wrong location at the wrong time. Aligning and integrating key performance metrics across the extended supply chain can be difficult. When considering transportation costs can represent 40% to 60% of total logistics expenditure we are looking at very significant dollar savings. Process manufacturers face a highly complex supply chain challenge.

The Chemical Supply Chain: 3 Things Learned from This Year’s LogiChem Conference

CH Robinson Transportfolio

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. To truly achieve a “perfect order,” you must first understand the processes used by each facility, adjust to one standardized process, develop or buy systems to aggregate performance data, set metrics, monitor, and improve from there. Chemical.

Insights from Elemica reveal 2014 Frankfurt

Talking Logistics

the biggest challenge supply chain and logistics professionals face today is not change, which is something they have always faced, but keeping up with the rapid pace of change across a variety of dimensions — technology, regulations, economic and political landscapes, demographics, and so on. Herman Woltjes, Shell Chemicals – “Logistics Execution”. “Elemica Logistic Tools in Shell Chemicals,” Herman Woltjes, Shell Chemicals, Elemica reveal 2014.

Wanted: Supply Chain Architects!

Supply Chain Shaman

Forty years ago as a chemical engineering student, I learned the tedious craft of chemical plant design. Getting good at factory design is a merit badge of sorts for the chemical engineer. I knew nothing about the world of logistics, inventory management and order optimization. It is usually driven by the logistics and transportation functions. It was a world of heat exchangers , distillation columns, reactors, tanks, pumps, valves and dryers.

Writing: Working on My Book

Supply Chain Shaman

Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. He is responsible for manufacturing, procurement, supply chain planning, logistics, quality, social responsibility and final product engineering. 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?

This Week in Logistics News (February 18-22, 2013)

Talking Logistics

Labor and management work out deal at Port of LA/Long Beach ( Logistics Management ). As I highlighted in my supply chain and logistics predictions for 2013 , tablets and smartphones are quickly becoming the preferred computing platform for business professionals, which is why technology providers are designing and optimizing their applications for these devices. Robinson, Con-way, and Transplace are Logistics Viewpoints sponsors).

Mexico 100

Make Your Supply Chains Less Complex – and Less Wasteful!

Talking Logistics

Mariotti states that you first have to measure it, and he outlines several metrics and techniques in the book, including ranking customers by annual sales, profit, and gross margin percentage. Adam Russell, former group leader and Six Sigma master black belt for Eastman Chemical Company, highlights this problem in a March 2012 article in Chemical Processing : The chemical industry boasts plenty of people with good analytical and problem-solving skills.

Supply Chain Visibility: A Precursor to Insight and Optimization

Talking Logistics

While some industries have already achieved this ideal state of transparency, businesses in the chemical industry for example, that are better known for well-developed IT infrastructures or plant operations and less for the adoption of advanced supply chain concepts and optimization, are begetting one key question: how do we approach and achieve end-to-end supply chain visibility, and ultimately benefit from the network-wide insights it will offer?

Lessons from Disrupted Companies

Talking Logistics

As a consequence, corporations used metrics like return on net assets (RONA), return on capital deployed, and internal rate of return (IRR) to measure efficiency. These metrics make it difficult for a company that wants to invest in long-term innovation. Kodak was married to the ‘paper and chemicals’ (film development) business…their most profitable division, while the R&D on digital cameras was a cost center.”.

Columbia Sportswear: Peeling Back the Onion on Your Supply Chain Processes

Talking Logistics

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. How did this vast improvement in a key supply chain metric translate into financial performance?

Using Managed Analytics to Build a Next-Generation Supply Chain

Talking Logistics

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? The much-anticipated emergence of managed analytics in transportation logistics is transforming how companies leverage not only their individual supply chains but also that of the transportation community to discover untapped value to customers and stakeholders.

Who Should Be In The Winner’s Circle?

Supply Chain Shaman

The topic of the meeting was the logistics to launch of the AMR Research Top 25. 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.

BASF: A Story of a Supply Chain Leader

Supply Chain Shaman

He is an industrial engineer with a diploma in transportation and logistics from the University of Applied Sciences in Bremerhaven. Over the period of 2009-2015 only 88% of companies made improvement on the “Supply Chain Metrics That Matter.” (The The Supply Chain Metrics That Matter are a portfolio of metrics which correlate to higher market capitalization. The composite of metrics includes growth, operating margin, inventory turns and Return on Invested Capital.)

IMO 2020 is Here. Are You Ready?

Supply Chain Game Changer

The burning of this fuel in ships are main engines, boilers and generator engines and produces exhaust containing Sulphur oxide (SOX) which then reacts with water, oxygen and other chemical to form Sulphuric acid n secondary inorganic aerosols. million metric tons annually. Refiners must focus on relationships with suppliers and other logistics companies now to negotiate term deals for fuel. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

Supply Chain Risks: Which Are Top of Mind Today?

Talking Logistics

Supplier viability is a major concern of supply chain leaders and procurement professionals today when committing their direct materials to specific trading partners,” said David Cahn, Director of Product Marketing at Elemica , in a recent episode of Talking Logistics. Do we have the right Service Level Agreement metrics in place? There is a tremendous amount of material labeling and handling risk assumed by the shipper and logistics provider,” said Cahn. “At

Letter from the CEO: Coronavirus Market Update

Transplace

Industrial and chemical sectors are maintaining at seasonally expected shipping volumes as of this time. VLSFO (Very Low-Sulfur Fuel Oil) $315 per metric ton 3/12 comparted to $740 per metric ton in January 2020 = 57% decrease. Letter from the CEO: Coronavirus Market Update. By: Frank McGuigan, Chief Executive Officer, Transplace. At Transplace, we strive to prioritize the needs of our customers, our community, and our team members.

Smart tech slashes costs in bulk port operations

DELMIA Quintiq

Let’s take a tour of a coal terminal moving 150 million metric tons of coal a year through their 10 double-sided berths. Reading data from the sensors monitoring the piles, the computers process all physical and chemical constraints and change train movements, loading plans and blending decisions. Transport & LogisticsThe speed technology is used to cut out erroneous decisions and reduce port demand for physical labor is racing ahead of even the most forward thinking.

Transforming Consumer Value Chains: Navigating The Power Shift to the Shopper

Supply Chain Shaman

Only beauty, chemical and Over-The-Counter (OTC) Drugs made progress in operating margins. Their processes cannot ship and track the EACH and the outsourcing to third-party logistics is too expensive. At the beginning of the decade, only 5 percent of companies rated their capabilities to ship the EACH as satisfactory resulting in the use of many third-party logistics solutions to fill the gap.

Is Sales and Operations Planning a Digital Age Process?

Enterra Insights

Today, the average company has seven S&OP processes, but a global chemical company averages over 30. ” Metrics Definition. “The organization needs to be clear on the metrics that matter and the alignment of vertical silos’ metrics to the balanced portfolio. According to Kai Trepte ( @treptekai ) and Jim Rice, from the MIT Center for Transportation & Logistics, getting S&OP right provides another important benefit — supply chain resilience.[6]

Delivery is the Product: Takeaways from Transplace’s Shipper Symposium 2018

Talking Logistics

It’s the reason why On Time In Full (OTIF) is a critical supply chain metric today. It’s the reason why a growing number of companies are starting to view logistics as a competitive weapon instead of just a cost center. As I wrote about recently, disrupting logistics ain’t easy. Like many other leading logistics service providers, Transplace invests significantly in technology, including its own software-as-a-service transportation management system (TMS).

Top 25 Supply Chains of 2018

Material Handling and Logistics

The rankings are based on a composite score based on the opinions of Gartner’s analysts; a group of peer voters (mostly supply chain practitioners, professionals and experts; in the interests of full disclosure, I myself am part of the peer panel); some metrics, including return on assets, inventory growth and revenue growth; and a corporate social responsibility (CSR) component score. So the CSR score too is more of a popularity contest than a consistent metric.

Eliminating Real-World Bottlenecks using AI from Silicon Valley to Mars

ThroughPut

He has managed onshore / offshore / war zone logistics as well as batch, continuous, and discrete manufacturing setups. Ali holds a BSE & MSE from the University of Pennsylvania in Chemical Biomolecular Engineering with concentrations in Pharmaceutics & Biotechnology. How do I start using my existing operations data metrics like cycle time, uptime to help create operational benefits for my teams? Are industrial bottlenecks preventing your business from growing?

Seeing Beyond the Firewall

Supply Chain Shaman

Process industry leaders–chemical, consumer packaged goods, food/beverage–have greater issues using data, with software usability, and building effective connections to align and build effective relationships with trading partners. In the building of global supply chains, in the last decade, across value networks, outsourcing to third-party logistics, and contract manufacturing accelerated.

Eliminating Real-World Bottlenecks using AI from Silicon Valley to Mars

ThroughPut

He has managed onshore / offshore / war zone logistics as well as batch, continuous, and discrete manufacturing setups. Ali holds a BSE & MSE from the University of Pennsylvania in Chemical Biomolecular Engineering with concentrations in Pharmaceutics & Biotechnology. How do I start using my existing operations data metrics like cycle time, uptime to help create operational benefits for my teams? Eliminating Real-World Bottlenecks using AI from Silicon Valley to Mars.

28 supply chain professionals share the biggest challenges of supply chain management

6 River Systems

After 12 years as an Air Force logistics officer, Michael got his PhD in a top 5 logistics program, and now teaches supply chain management and marketing. Logistics and delivery can be handled in a very optimized way with the help of automated solutions using data and information. Bobby Neundorfer @TQLogistics Bobby Neundorfer works for Total Quality Logistics , the second largest 3PL in the country. Lu Siqi Lu Siqi is a Supply Chain Manager at SK Chemical in Shanghai.

How to Protect Your Carrier Assets During Capacity Crunch

Talking Logistics

Rather, it’s about winning the ongoing competition between shippers and third party logistics (3PLs) providers to secure those assets in order to maintain supply chain velocity. As capacity tightens in most markets due to the ebb and flow of economic conditions, logistics departments must have the right tools to pick up new capacity and avoid losing existing carriers to competitors. Integrate Logistics and S&OP Functions.