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

GlobalTranz

But, how do supply chain leaders and managers ensure their omnichannel supply chain is working. 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. If vendors fall behind on this metric, you may need to re-evaluate your partnerships or expand your list of approved vendors.

Walmart OTIF Metrics

SupplyPike

We’ve discussed the basics of OTIF and the fundamentals of OTIF before, but we thought we’d drill down deeper into the individual metrics. First, we’ll start by reviewing the basic goals of OTIF, and then we’ll dive into each metric and the compliance issues of each metric.

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A New Decade: Give Science A Chance

Supply Chain Shaman

When I started my business in 2012, I frequently wrote about the future using the moniker of Supply Chain 2020. We had just recovered from a recession, and my goal was to help supply chain leaders create a better supply chain by the end of the decade.

Carter’s: A Story of Supply Chain Leadership

Supply Chain Shaman

To drive global scale, companies need to design the supply chain to buy globally and execute locally. The design of the supply chain is fundamental to making this happen. In our interview of the Supply Chains to Admire Winners, we found a unique approach at Carter’s. For this case study we interviewed Peter Smith, currently the EVP of Supply Chain for Carter’s. The company is one of 15 winners in the 2016 Supply Chains to Admire Research.

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 Best Practices during a Quarantine

SupplyPike

Shortages, extreme demand, and panic buying are causing issues up and down supply chains. Times are tough, so we’ve gathered some guidelines to help your supply chain get back on track, or at least to shore it up during these challenging times.

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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

Supply Chain Case Study: the Executive's Guide

Supply Chain Opz

Professionals in supply chain management use various methods to identify best practices to improve the operations. In order to accelerate the learning, this article has gathered 20+ most sought-after supply chain case studies, analyzed/categorized them by industry and the findings are presented. Boeing and Airbus Supply Chain Strategy Boeing wants to encourage more flight frequency and direct route using a smaller capacity aircraft.

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. Part of this optimization and warehouse execution challenge is to balance an array of operational metrics, not just to reduce the total number of labor hours worked. 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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Digital Orchestration of Your Supply Chain Requires “3-D” Orchestration

Supply Chain Action Blog

There is a lot of buzz about the “autonomous” supply chain these days. The subject came up at a conference I attended where the theme was the supply chain of 2030. But, before we turn out the lights and lock the door to a fully automated, self-aware, supply chain “Ava Ex Machina” , let’s take a moment and put this idea into some perspective. I’ve heard the driverless vehicle used as an analogy for the autonomous supply chain.

Ava Ex Machina and the Retail Supply Chain

Supply Chain Action Blog

There is a lot of buzz about the “autonomous” supply chain these days. The subject came up at a conference I attended where the theme was the supply chain of 2030. But, before we turn out the lights and lock the door to a fully automated, self-aware, supply chain “Ava Ex Machina” , let’s take a moment and put this idea into some perspective. I’ve heard the driverless vehicle used as an analogy for the autonomous supply chain.

Valvoline’s road to a more proactive supply chain – and stronger customer relationships

Alloy

In North America, they operate two distinct supply chains for that: one to retailers (such as Walmart, O’ Reilly Auto Parts and AutoZone) and another to installers (including Valvoline Instant Oil Change centers and other oil-change shops).

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

Demand Solutions

But regardless of whether you plan to read a book every week, go running every day at 6 AM, or finally put some money in your IRA, I believe the New Year is a perfect time to make some resolutions about your supply chain. Over my next few articles, I’ll share some tips on the kinds of resolutions you can put in place to get your supply chain performance back on track in 2015. Just about every company uses some kind of measures to gauge their supply chain performance.

25 supply chain experts reveal the best tactics to optimize a supply chain

6 River Systems

If you’re spending too much to meet consumer demands, experiencing delays in getting products to end customers or production disruptions, it’s time to focus on optimizing your supply chain. From raw materials sourcing to warehouse operations , logistics technology , order fulfillment and beyond, there are dozens of points throughout the supply chain, all of which contribute to overall supply chain efficiency.

Driving Profitable Growth Through Effective Supply Chain Management

BlueYonder

In a previous article titled “ What Is Preventing Your Supply Chain From Being a Strategic Differentiator? ” I reviewed a variety of factors that stand in the way of supply chain excellence. In this article, I shall review the factors that set the supply chain leaders apart from the rest and that help drive profitable growth for their companies. Having such customer centricity aligns supply chains to better serve customers in a profitable manner.

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

BlueYonder

A recent survey by Hitachi Consulting showed that about 8 out of 10 Supply Chain managers do not see their supply chain as an “enabler of business strategies” within their organization. While the number may seem surprisingly high given all the press about Supply Chain Management, there are some underlying organizational inhibitors at play that contribute to this. Supply Chain agility silos supply chain

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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. This year’s survey showed the growing importance of labor-related metrics in assessing DC performance. Trend One: Labor Metrics Dominate . The metrics cover inventory, warehouse operations, financial, and labor-related measures.

Supply and demand production challenges with new products

Kinaxis

by Iman Niroomand Supply chain performance depends on the matching of product features with supply chain features. When a new product hits the market, the existing supply chain that is optimal for a given set of product lines will not stay optimal. Thus, a new product introduction will require a supply chain logistic network redesign. So when a new product is introduced, how can supply chains re-align supply and demand?

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The Importance of Supply Chain Resilience

Enterra Insights

You’re probably sick (no pun intended) of reading articles about the Covid-19 pandemic and how it has shocked the international economy and stressed global supply chains. Disruptions caused by the pandemic revealed just how brittle some supply chains can be. businesses have experienced supply chain disruption as a result of the COVID-19 outbreak, according to a survey by the Institute for Supply Management (ISM). supply chains.”[2]

12 Supply Chain Basics Your Company Must Get Right

Logistics Bureau

If you’re a supply chain professional, the tips and guidance in this post will probably not be new to you. On the other hand, if you’re a business leader who must try to juggle supply chain effectiveness with that of marketing, sales, or manufacture, the following sections highlight the supply chain basics that your company must get right in order to maximise revenue and profit. Supply Chain Strategy.

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A Model for Employing Disabled Workers in Warehousing

Logistics Viewpoints

On Monday, March 8th, a vice president of supply chain for a large retail chain – a chain with over 5,000 stores – spoke at Körber’s supply chain conference Elevate. Currently disabled workers are employed at 8 supply chain locations.

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Retail Leaders: Shift from a Static to a Dynamic Supply Chain

BlueYonder

Moderator: Brian Gibson, Wilson Family Professor, Aviation & Supply Chain Management, Auburn University. The super-session panel titled: Disruptions in Retail – How to Shift from a Static to a Dynamic Supply Chain , featured executives from Lowe’s, Michaels Stores and Loblaw, and was ably led by Brian Gibson, Professor of Supply Chain Management at Auburn University. From Static to Dynamic Supply Chains.

Replenishment 101: What is replenishment?

SupplyPike

The dictionary defines replenishment as the “restoration of a stock or supply to a former level or condition.” Just one Walmart DC is one million square feet, so it can be tough making sure all products are where they need to be. appeared first on SupplyPike - Supply Chain Simplified.

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Themes from the 2018 SCM World Leaders Forum

Kinaxis

Thick data” vs big data, the power of the supply chain profession, and cybersecurity. While I attend several supply chain conferences in any given year, SCM World is a favorite of mine for a couple of reasons. For one, this is a power-packed forum with the who’s who of supply chain in attendance. The executives in charge of supply chains for some of the most admirable companies from around the world were in attendance. by Dr. Madhav Durbha.

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How Quickly Things Change: April Freight Market Index Commentary

BluJay Solutions

Before looking into BluJay’s quarterly metrics, JBF Consulting and BluJay want to recognize the devastating impact of COVID-19. Additionally, the vast majority of DC to store freight in grocery and big-box retail is handled by private or dedicated fleets.

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

Supply Chain Network

Best Practices for the Omnichannel Distribution Center and Outbound Supply Chain. 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. Our knowledgeable panel will discuss this and more: • Traditional vs. omnichannel orders: changes to your DC and supply chain.

How to Maximize WMS to Increase E-Commerce ROI

Veridian Solutions

A key issue that comes to the forefront of any discussion on handling e-commerce demand will always involve warehouse management system (WMS) or other supply chain system upgrades. Supply chain leaders need to understand the challenges of implementation, how using a WMS maximizes profitability in the age of e-commerce, and a few tips to ensure its success. Get the Most From Your WMS With the Right Supply Chain Systems Partner.

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

Alloy

Part 1 of this series highlighted four of the most important retailer data points that suppliers need to maintain an efficient supply chain and maximize sales opportunities: Unit Sales (Net), Dollar Sales (Net), Price, and Retailer COGS. In this post, we’ll describe four additional key data points from retailers, which fill in the supply side of the equation and are critical to make the demand insights actionable. Weeks of Supply.

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Walmart OTIF Fundamentals

SupplyPike

Walmart OTIF is generally calculated by dividing the total number of Vendor Packs , or cases, that are received at the Distribution Center (DC) within the delivery window by the total number of cases ordered. Rather, you must meet each OTIF-related metric to avoid fines. OTIF Metrics.

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Network Optimization – What are your Success Criteria?

Supply Chain Game Changer

Check out To DC Or Not To DC? Network optimization is a critical issue across all Supply Chains. Benchmark metrics (eg. Check out Are These the 5 Biggest Fallacies in Supply Chain or is it Fake News? appeared first on Supply Chain Game Changer™. Business Process Optimization Freight and Logistics Supply Chain Management Business Distribution Lean Logistics SCM supplychainSubscribe Here! Email Address.

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

Supply Chain Action Blog

The strength of any chain is defined by its weakest link. A supply chain, or as I prefer to say, a value network, is similarly constrained. There is a lot of buzz about the “autonomous” supply chain these days. You may have heard the driverless vehicle used as an analogy for the autonomous supply chain. Zolando has been so successful in creating a rapid response supply chain that they are now providing services to other retailers.

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. Check out Global Process Excellence (Part 3) … Streamline your Entire DC at One Time! Selected as one of the Top 75 Supply Chain Blogs on the Web. Subscribe Here! Email Address.

Three New Ways Retailers Can Improve Inventory Performance

ToolsGroup

It is dependent on supply chain planning’s ability to execute on the plan. The supply chain planning teams needs to think beyond current processes and functions to incorporate emerging technologies and concepts to offer more choice, which requires them to be nimbler and forward looking. In able to support these models supply chain teams must be strong on two fronts – managing assortment expansion and managing contraction.

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Detect Problems, Diagnose Causes, and Direct Next Best Actions Before Negative Business Impact

Supply Chain Action Blog

The strength of any chain is defined by its weakest link. A supply chain, or as I prefer to say, a value network, is similarly constrained. There is a lot of buzz about the “autonomous” supply chain these days. I’ve heard the driverless vehicle used as an analogy for the autonomous supply chain. Zolando has been so successful in creating a rapid response supply chain that they are now providing services to other retailers.

Detect Problems, Diagnose Causes, and Direct Next Best Actions Before Negative Business Impact

Supply Chain Action Blog

The strength of any chain is defined by its weakest link. A supply chain, or as I prefer to say, a value network, is similarly constrained. There is a lot of buzz about the “autonomous” supply chain these days. I’ve heard the driverless vehicle used as an analogy for the autonomous supply chain. For example, redesigned, retail supply chains, enabled with analytics and augmented reality, are not only meeting, but raising consumer expectations.