Omnichannel Supply Chain Metrics: What Should Supply Chain Leaders Measure?

Cerasis

The answer lies using these omnichannel supply chain metrics to carefully track and improve operations continuously. This is a simple key performance indicator (KPI), another name for metrics, to track. The Fill Rate is a complex metric that considers the average window of delivery, percent of on-time delivery and accuracy of delivery for all products coming into your warehouse from vendors. Other Critical OmniChannel Supply Chain Metrics to Track.

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? Essentially, shippers need to track these 11 metrics. On-Time Deliveries Are King of Last Mile Metrics.

Supply Chain News Makers Video Series on Highlights of the 2017 DC Metrics Study

Supply Chain Digest

Top New Karl Manrodt of Georgia College and Colleagues Talk about New Top Metric, Strategic HR and more

Supply Chain News Makers Video on Key Takeaways from the 2016 DC Metrics Report

Supply Chain Digest

Karl Manrodt of Georgia College Leads Discussion on Three Key Issues from the 2016 Report

Four Truths About DC Robots, Jobs, And Warehouse Execution

Lucas

As robots find their place in the DC, warehouse operators will face new challenges in coordinating and optimizing the work of humans and their robotic coworkers. Robots Are Not Killing DC Jobs. And I doubt that robots will have dire effects on DC employment in the next five years.

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Three Key Trends From The WERC DC Measures Survey

Lucas

WERC’s Annual DC Measures Survey is a great tool for benchmarking your distribution center and warehouse operations, but it’s also a valuable resource for identifying trends across the industry. Trend One: Labor Metrics Dominate .

Inventory and forecast data from retailers: After your product ships (Part 2)

Alloy

Units on Hand Units on Hand is the number of units of a product that are physically available at a given point along the supply chain, such as a store or retailer DC.

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Carter’s: A Story of Supply Chain Leadership

Supply Chain Shaman

Over the period of 2009-2015, only 88% of companies made improvement on the Supply Chain Metrics That Matter. (As As a group, these metrics have the highest correlation to market capitalization. Performance on the Supply Chain Metrics That Matter.

Supply and demand production challenges with new products

Kinaxis

By implementing the above actions, supply chain managers can use the Tracking Ratio (TKR) metric during the introduction phase to measure the rate between the variety manufactured and customer orders. The TKR is calculated as follow: TKR i =MC i /DC i [1].

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Profitable E-commerce is all about how and who leads your Fulfillment Operations

Supply Chain Network

This presentation will provide a comprehensive look at best practices in, and the effect of, Omni-channel in the DC and outbound supply chain. This session will also cover how Omni-channel affects the costs and metrics in distribution. Maintaining your DC’s service level commitments.

Supply Chain Management Case Study

LeanCor

Current metrics included: Inter-Plant (Inter-DC) Freight Costs. Future metrics would now include: Inter-Plant (Inter-DC) Freight Costs. Supply Chain Management Case Study: Total Delivered Cost Model.

How to Maximize WMS to Increase E-Commerce ROI

Veridian Solutions

Understanding the data behind the action, including employee performance, cycle times, metrics, and other key performance indicators will enhance ROI. As explained by Erhan Musaoglu via DC Velocity , automatically tracking consumer behaviors helps you connect and understand their needs/values.

Three New Ways Retailers Can Improve Inventory Performance

ToolsGroup

By using data to stock items with higher forecasted demand, they can reallocate cash that would normally be tied up in poorly performing inventory, avoid margin erosion from markdowns and dead stock, and increase overall on-shelf availability metrics.

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Four Ways a TMS Solution Leverages Predictive Analytics

Supply Chain Collaborator

Leveraging predictive analytics in the TMS a shipper can use historic tendering metrics and spot quote reporting data to identify areas where contracted rates can be bolstered and avoid budget-busting over-utilization of the spot market. This data can be analyzed and leveraged to help reduce dwell times and improve DC throughput. TMS users in transportation logistics organizations are sitting atop a gold mine of actionable data captured by their TMS solutions.

The Better Goal: More Fuel Efficient Trucks or Using Fewer Trucks?

Talking Logistics

According to the press release : The proposed standards are expected to lower CO2 emissions by approximately 1 billion metric tons, cut fuel costs by about $170 billion, and reduce oil consumption by up to 1.8 Our network efficiency improvement equates to avoiding nearly 41,000 metric tons of CO2 emissions, the equivalent of taking about 7,900 cars off the road. Last Friday, the U.S.

Themes from the 2018 SCM World Leaders Forum

Kinaxis

The chief product supply officer of a large global company encouraged attendees to think in terms of shareholder return, by mapping financial metrics to supply chain operating metrics such as on time in full (OTIF), and inventory turns. by Dr. Madhav Durbha.

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How Omni-Channel Impacts Labor Management: Insights from Ian Hobkirk

Supply Chain Nation

SCN: Why has omni-channel caused a sea-change for retail DC labor? Why is that, and what is the impact on DC labor? Now, oftentimes the DC is the last touchpoint with the product before the consumer sees it.

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Supply Chain Case Study: the Executive's Guide

Supply Chain Opz

To make a decision about new DC location, Walmart uses 2 main factors, namely, the demand in the proposed DC area and the outbound logistics cost from DC to stores. Professionals in supply chain management use various methods to identify best practices to improve the operations.

What is Preventing Your Supply Chain From Being a Strategic Differentiator?

Supply Chain Nation

Misaligned incentives and lack of accountability: Commercial teams are mainly measured by the volume and revenue driven metrics whereas Operations teams are mainly measured on cost oriented metrics such as inventory turns and production and distribution efficiencies. For example, there may be a hand off of inventory from the Operational function to the Sales function at the Regional DC level.

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What the OTIF Mandate Means for Walmart – and What it Means for You (Part 2)

E2open

The demand from a Walmart DC or another retailer’s DC was lumpy by definition. Traditionally, data from Walmart and other retailers has been used by account teams to confirm the achievement of metrics and service-level agreements (SLAs), cross-check penalties computed by retailers and identify root causes of shortfalls such as inadequate supply, insufficient forecasts, or warehouse or transportation delays.

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What the OTIF Mandate Means for Walmart – and What it Means for You (Part 2)

E2open

The demand from a Walmart DC or another retailer’s DC was lumpy by definition. Traditionally, data from Walmart and other retailers has been used by account teams to confirm the achievement of metrics and service-level agreements (SLAs), cross-check penalties computed by retailers and identify root causes of shortfalls such as inadequate supply, insufficient forecasts, or warehouse or transportation delays.

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New Year’s Resolution #1 for Supply Chain Planners: Improve Performance Measurement

Demand Solutions

To fill the 8th line item complete we had to ship the product from a DC across the country. Make it your New Year’s resolution to start using this more granular metric. Using these three metrics, I’m confident you can vastly improve your measurement of supply chain performance in 2015. New Year’s resolutions: useful gimmick for getting your life in order, or standing joke? The answer to this question is entirely up to you.

Network Optimization – What are your Success Criteria?

Supply Chain Game Changer

Check out To DC Or Not To DC? Benchmark metrics (eg. Subscribe Here! Email Address. That is the Warehousing Design Question! Network optimization is a critical issue across all Supply Chains.

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Why cognitive overload undermines planning solutions

The Network Effect

As companies expand and mature, rather than rationing or reducing load, they often pile on so many metrics, procedures, processes and activities that people lose the capacity and capability to do the right things. Steve Jurvetson/Flickr.

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4 Questions Before Investing in a Transportation Management Solution

Talking Logistics

The same is true if you plan to open more stores or distribution centers in new locations, expect to grow your ecommerce operations, want to implement DC-bypass, are thinking of providing same-day delivery, and so on. Managing transportation — the ebb and flow of rates, capacity, fuel and regulations — is an ongoing challenge for many companies, especially those still using spreadsheets and fax machines to plan and execute shipments.

What Are Dark Warehouses and What Do I Need to Know?

Veridian Solutions

According to Ben Ames of DC Velocity , dark warehouses refer to the full automation of material handling equipment, warehouse execution systems , and automatic identification of inventory and shipments. A Guide to the Warehouse Metrics Supply Chain Execs Should Track. Demand to increase efficiency in warehouse management is at an all-time high.

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This Week in Logistics News (February 17-21, 2014)

Talking Logistics

According to the product sheet , “Oracle Global Trade Intelligence provides a dashboard view into the unique metrics by which your customs and compliance operation measures success. Trade Representative, met in Washington, D.C.

How a WMS Helps Retailers Execute Click & Collect Capabilities

Veridian Solutions

retailers, up to 72 percent, lack click and collect capabilities, reports DC Velocity. A Guide to the Warehouse Metrics Supply Chain Execs Should Track. Although this may not seem like a metric to track, knowing the amount of time necessary to pick a click and collect order is essential to making it profitable. Click and collect is not a new concept. It refers to the ability to buy online and pick up in store. The overwhelming majority of U.S.

Whose fault is it anyway?

Supply Chain Nation

Buy in-store and have it fulfilled by the ecommerce DC. As we lead up to NRF 2015, this week Supply Chain Nation turns its focus to trends impacting digital retail. Follow along each day this week as we explore a new topic related to retailing in the digital age.

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Food Recalls and WMS: Benefits of Recall Functionality in a Warehouse Execution System

Veridian Solutions

A Guide to the Warehouse Metrics Supply Chain Execs Should Track. That does not mean a WMS lacks value, and in fact, many WMS vendors have blurred the lines between functions of a WMS, WES, and warehouse control system (WCS), asserts Ian Hobkirk of DC Velocity.

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Guest Commentary: P.O. Management Programs – Know Pain, Know Gain!

Talking Logistics

performance metrics to influence vendor behavior and impact sourcing choices. As performance reporting metrics capture vendor performance, the company can substantiate penalties for noncompliance and poor performance, recognize or reward high performers, and incent positive results and consistent behavior. Thanks to route optimization, order speed from vendor ship date to DC delivery aligns with demand.

A Digital Value Network Needs an Accelerated “3-D” Cycle (powered by Incorta)

Supply Chain Action Blog

Target is redesigning the way their DC’s work, creating a flow-through operation with smaller replenishment quantities. Detection of systemic challenges will be a bit more gradual and is based on the metrics that matter to your business, such as customer service, days of supply, etc.,

Understanding the Cost of Service

Blue Ridge

Julian works for a retail enterprise that has a distribution center, forward selling locations primarily serviced from the DC, and an e-commerce channel. View From The Ridge: 59. June 3, 2016. Rod Daugherty. Vice President, Product Strategy.

How a WMS Helps Retailers Execute Click & Collect Capabilities

Veridian Solutions

retailers, up to 72 percent, lack click and collect capabilities, reports DC Velocity. Although this may not seem like a metric to track, knowing the amount of time necessary to pick a click and collect order is essential to making it profitable. Click and collect is not a new concept. It refers to the ability to buy online and pick up in store. The overwhelming majority of U.S.

Reducing Costs in Shipping with a Focus on Inbound Logistics Strategy

Cerasis

Metrics and Auditing Prevent Overbilling and Overpayment to Vendors for Shipping Costs. Through modern technology, the inbound logistics strategy can be executed easier than believed, and real-time order tracking and metrics prevent overbilling and overpayment. Metrics can also go further than auditing by giving your company a means to measure the performance of your vendors, boosting compliance with the rules and stipulations within your inbound logistics guide.

Global Process Excellence: Defining the Roadmap to Achieve Best In Class Results

Supply Chain Game Changer

The mandate we set for each Process team was as follows: Define the current metrics and performance levels for a process (eg. What can be implemented within 1 month globally) as well as a 3-6 month action plan include metrics for tracking (eg. Subscribe Here! Email Address.

Driving Profitable Growth Through Effective Supply Chain Management

Supply Chain Nation

Without a shared set of metrics between the commercial and operational teams, it is extremely difficult to get alignment between them. Examples of shared metrics include customer service levels, inventory turns, sell-through forecast accuracy, total landed cost, and overall profitability of the business. By aligning the metrics between the different supply chain stakeholders, a collaborative spirit between the teams is encouraged.