Supply Chain Shaman

OCTOBER 8, 2019

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. 5 A Focus on Functional Metrics Throws the Supply Chain Out of Balance.

Supply Chain Design Software 186

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 186

Talking Logistics

NOVEMBER 17, 2015

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?

Supply Chain Software 100

Supply Chain Software Supply Chain Optimization Supply Chain Strategy Supply Chain Network Software 100

Supply Chain Shaman

JULY 12, 2013

Supply chain centers of excellence help with metrics alignment, and product portfolio alignment, between finance and the supply chain team, and the supply chain team and marketing. This morning I am in Chicago helping a client to become market-driven. Next week, I will be writing on my new book Metrics That Matter.

Supply Chain Design Software 266

Supply Chain Design Software Supply Chain Planning Software Modeling Modeling Software 266

Talking Logistics

JUNE 30, 2015

For instance, rather than bid on two separate lanes from Chicago to New York City and Chicago to Boston, a carrier might suggest bidding on a consolidated lane from Chicago to an intermediate pooling point in and split the shipments to the final destinations. Adopt performance metrics for carriers.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

Supply Chain Shaman

JUNE 19, 2013

Today, I spoke at the Chief Supply Chain Officer conference in Chicago at the Eye for Transport event on the results of the research. It will be nice to be home and to have time to write on this second book, Metrics that Matter. Cycle Management is Stalled. I asked for questions. How would you have answered the question?

Forecasting 270

Forecasting Supply Chain Planning Software Agile and Lean Supply Chain Forecasting Software 270

Material Handling & Logistics

OCTOBER 8, 2017

Content Summary: Chicago ranks number 1 among the seven metro areas in projected supply chain management and technology employment growth; in net job creation for supply chain-related industries; in freight flow; and in inventory holding. Printer-friendly version. Media Type. Media Caption. Privacy Settings. anonymous user. Media Image.

San Francisco 82

San Francisco Los Angeles Supply Chain Software New York City 82

Supply Chain Shaman

AUGUST 7, 2019

In Figure 1, we show the aggregate trend of the chemical industry in an orbit chart format showing year-over-year results at the intersection of two metrics operating margin and inventory turns. Supply Chain Insights Global Summit , September 3rd-6th, 2019, at UI Labs, Chicago, IL. Let’s take an example. What is different?

Supply Chain Design Software 252

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 252

Talking Logistics

FEBRUARY 25, 2014

While Chicago and New York/New Jersey hubs are no strangers to inclement winter weather, severe and widespread cold brought snowstorms to Atlanta and other southern U.S. While Chicago and New York/New Jersey hubs are no strangers to inclement winter weather, severe and widespread cold brought snowstorms to Atlanta and other southern U.S.

Capacity 138

Capacity Demand Planning Software Transportation Report 138

Supply Chain Shaman

JUNE 14, 2014

Tonight, I am stranded in a hotel in Chicago. The Chicago airport is closed for the night. I think about this discussion with Keith often as I work on the Supply Chain Index and edit the chapters of Metrics That Matter. It is 3:00 AM. It is quiet and a good time to think. I believe that value is what you create.

Optimal Sourcing 286

Optimal Sourcing Manufacturing Procurement Procurement Analytics Modeling 286

Supply Chain Shaman

JUNE 21, 2014

One of my favorite interviews on this topic, that I recently completed for my upcoming book Metrics That Matter , was with Amway’s Chief Supply Chain Officer George Calvert. Service level is our most important metric. Reliability in both of these metrics is critical. Our activities are broad.

Case Study 282

Case Study Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 282

Zipline Logistics

JANUARY 10, 2023

I moved to Chicago to work for the world’s largest 3PL and quickly fell in love with the constant opportunity to solve problems. Forward-thinking brands are tracking crucial metrics to illuminate their supply chains and find control. I graduated from Miami University and fell completely backward into logistics.

Supply Chain Software 52

Supply Chain Software Security Supply Chain Strategy Logistics Network Optimization Software 52

Intelligent Audit

DECEMBER 29, 2021

FedEx delays have been most prevalent in Miami (13.8%), Chicago (13.6%), and Houston (13.5%). Intelligent Audit provides actionable insights, aggregate, normalized data, and meaningful metrics, helping shippers to finally make sense of all the noise and focus on what really matters, moving freight strategically.

Shipping 52

Shipping Los Angeles Houston New York 52

Supply Chain View from the Field

MARCH 13, 2015

Looking at vegetable oils, with a global population of 7B people, each consuming the recommended 40g of dietary fat per day, 365 days per year, would require just over 100M metric tons of oil. We are currently according to the USDA producing over 160M metric tons of refined vegetable oil alone. Or six months or a year from now.

Sourcing Strategies 60

Sourcing Strategies Food Haiti Forecasting 60

Ware2Go

APRIL 11, 2023

Their community partners include: Social Works Chicago , which empowers youth through arts and education and provides free lunches for students in need. Ultimately, their ultra low-pressure drop systems have helped to reduce over 1,000 metric tonnes of carbon.

Examples 52

Examples Sustainability Purchasing Skills Retail 52

Ware2Go

APRIL 20, 2022

Their community partners include: Social Works Chicago , which empowers youth through arts and education and provides free lunches for students in need. Ultimately, their ultra low-pressure drop systems have helped to reduce over 1,000 metric tonnes of carbon. Final Mile: The Last Frontier in Sustainable eCommerce.

Sustainability 59

Sustainability Purchasing Skills Hawaii Procurement Analytics 59

Kinaxis

SEPTEMBER 15, 2016

by Trevor Miles I was at the North American Supply Chain Executive Summit in Chicago earlier this week. It immediately brings home the need for trade-off across competing metrics and objectives. The general theme of the conference was about transformational change. The second is by Ian Goldin.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Puerto Rico 100

Logistics Viewpoints

FEBRUARY 29, 2024

Metrics are critical as well. He lives in Chicago. Similarly, creating a cross-functional governance structure is key, with representatives from every impacted department playing an active role in the rollout of new initiatives. But be wary of setting “moonshot goals” that may take years to achieve.

Supply Chain Planning Software 238

Supply Chain Planning Software Supply Chain Design Software Resource Reduction Analytics Software 238

Supply Chain View from the Field

MAY 31, 2013

We are preparing for the Chief Analytics Officer meeting coming up in Chicago in June. I’ve been leading a few calls for the International Institute of Analytics, as a faculty lead for the manufacturing group. One of the issues that comes up is where the analytics function should reside – in IT or in the business function?

Analytics Software 74

Analytics Software Supply Chain Design Software Supply Chain Planning Software Analytics 74

BlueYonder

APRIL 19, 2012

The Aberdeen Supply Chain Summit in Chicago earlier this month was a productive event for supply chain executives and practitioners. It is critical to align the whole organization on the right metrics, otherwise the segmentation will fall apart. S&OP should be the process used to align the organization.

S&OP 64

S&OP Supply Chain Segmentation Inventory Reduction Price Mitigation Strategies 64

DAT Solutions

JULY 17, 2018

It’s typical for freight markets to slump in mid-July, and last week’s national metrics fell in line with that seasonal trend. Memphis to Chicago , down 38¢ to $2.88. There were big increases in volumes out of Los Angeles, Chicago, and Memphis , however, which could lead to more stable pricing.

Los Angeles 70

Los Angeles Memphis Columbus Chicago 70

ShipBob

OCTOBER 1, 2021

As long as you are tracking the right metrics, data reveals where you can eliminate waste within your supply chain. We have access to live inventory management, knowing exactly how many units we have in Texas vs. Chicago vs. New York. Data-driven decision-making. ShipBob simplified the entire process for our accountants and for us.”.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

Supply Chain Trend

OCTOBER 31, 2016

Jim : My first involvement with S&OP started in the late 1990’s, while working for a large commercial US bakery, a division of a large multi-brand consumer goods company in Chicago. Also, building in S&OP process metrics, not just business operating metrics is critical to success.

S&OP 60

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Design Software 60

Freightos

FEBRUARY 4, 2020

As a result, nearly every industry has created on-demand metrics to gauge market performance, hedge risks, and to power intelligent decisions. And though the market index long predates digital computing, computing power combined with huge, aggregated data sets have proved fertile ground to improve visibility.

Optimal Sourcing 235

Optimal Sourcing Purchasing Skills Real-time Visibility Procurement Analytics 235

Supply Chain View from the Field

NOVEMBER 6, 2013

What are the metrics used to measure performance is part of the contract terms, especially around on-time service commitments. Particularly on new product introductions, we needed to be very careful on being able to deploy a product roll-out simultaneously across the entire country, in California, New York Chicago, etc.

Negotiating Skills 60

Negotiating Skills Electronics Cost Reduction Strategies Supply Chain Strategy 60

ToolsGroup

APRIL 27, 2022

And this is something that is especially prevalent in most high-pressure corporate settings, where performance metrics are everything and survival often comes down to how well you perform and how consistently you do what is expected of you. Angie Gaffney, Executive Director, IFA Chicago / Professional Life and Leadership Coach.

Sourcing Strategies 296

Sourcing Strategies Supply Chain Strategy Price Mitigation Strategies Strategy 296

Freightos

NOVEMBER 14, 2016

One popular metric – a country’s logistics costs as a percentage of GDP – has China at 18% and the US at only 8.5%. Trucking that same container from Long Beach to Chicago can cost more than double that price. Trucking that same container from Long Beach to Chicago can cost more than double that price.

Long Beach 120

Long Beach China South Korea Chicago 120

ShipBob

NOVEMBER 6, 2023

We have access to live inventory management, knowing exactly how many units we have in Texas vs. Chicago vs. New York. Going electronic with inventory reports is key to saving time, with access to the most up-to-date information across locations. 3PLs like ShipBob help with this. “We

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

Logistics Viewpoints

AUGUST 4, 2022

Algorithm aversion is the term coined by a trio of researchers from the University of Chicago and Wharton, whose studies observe that humans are more forgiving of what they perceive to be mistakes when made by humans than when made by an algorithm. If people think the model is wrong, they lose confidence in “the box” but not in the human.

Supply and Demand 246

Supply and Demand Forecasting Forecasting Software Demand Planning 246

ToolsGroup

APRIL 1, 2022

Within a week of Russian troops crossing into Ukraine, the benchmark for thermal coal prices reached a record high of $446 per metric ton. Because Russia and Ukraine are leading exporters of grain, wheat futures in Chicago rose by almost 6% to $9.26 Deloitte ). Wall Street Journal ). Automotive News Europe ). Wall Street Journal ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

ShipBob

OCTOBER 24, 2022

examining demand for a natural deodorant for millennial customers in Chicago, IL). Keeping our inventory in Chicago and Los Angeles has brought cost savings since we ship from the locations that are closest to the customer.” Short-term. Short-term demand forecasting is usually done for a time period of less than 12 months.

Forecasting 130

Forecasting Forecasting Software Modeling Demand Planning Software 130

Precoro

FEBRUARY 26, 2024

For instance, a car manufacturer might need to consider the total cost of running their Chicago plant — and everything included in that would be the location cost center. Together with the cost center managers, they establish key performance indicators (KPIs) to assess the performance of each cost center against predefined metrics.

Optimal Sourcing 105

Optimal Sourcing Cost Reduction Strategies Optimization Software Negotiating Skills 105

Talking Logistics

FEBRUARY 1, 2019

I was hoping for 70F+ weather, but even Florida fell victim to the Polar Vortex, with temperatures only in the 50s (which felt tropical, nonetheless, compared to Chicago and Boston). I was in Orlando, Florida this week moderating workshops for a logistics service provider client.

Logistics Network Optimization Software 104

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Network Software Demand Planning Software 104

TrackVia

APRIL 14, 2020

According to Ello Capital’s analysis , Massachusetts-based Curaleaf has more than three years of cash remaining and Chicago-based Cresco Labs Inc. Access to capital is currently the greatest challenge for operators in the cannabis industry and regulations in both the U.S. The good news is not all companies are struggling.

Sourcing Strategies 98

Sourcing Strategies Predictive Analytics Software Inventory Reduction Optimization Software 98

CH Robinson Transportfolio

APRIL 8, 2021

We helped one of the largest outdoor retailers reduce their carbon output through mode conversion and purchase order aggregation, which eliminated 1,270 metric tons of emissions from their supply chain in one year – the equivalent of 3,000 barrels of oil. For example, because C.H.

Sourcing Strategies 44

Sourcing Strategies Waste Reduction Vendor Strategies Resource Reduction 44

Kinaxis

MAY 24, 2018

During her keynote speech, Dana Stiffler, research VP at Gartner shared statistics highlighting how hard it is to find professionals who have the supply chain domain competence and strong knowledge of AI/ML technologies in the greater Chicago area. Population of greater Chicago ~ 3,600,000. of these, those with AI/ML skills ~ 35.

Gartner 111

Gartner Supply Chain Execution Conference Supply Chain Planning Software 111

Talking Logistics

AUGUST 17, 2018

Shuttered Sam’s Club in Matteson to find new life as e-commerce fulfillment center (Chicago Tribune). With parcel becoming a growing part of virtually every company’s transportation operations, gaining more real-time visibility to delivery status and other metrics is critically important. Nikola Raises $100 Million in August.

Logistics Network Optimization Software 101

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Network Software Modeling Software 101

ShipBob

MAY 11, 2021

Keeping our inventory in Chicago and Los Angeles has brought cost savings since we ship from the locations that are closest to the customer.”. The results can be compiled to deliver a quantifiable metric, which is known as a ‘supply chain resilience index.’ ShipBob having multiple locations was also huge for us.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Material Savings 98