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

Cerasis

When you choose a company to transport your freight or to supply you with the materials you need to manufacture a product, you are putting your hard work and reputation in their hands. 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 ). Who manages quality ongoing training and education ?

Podcast: Rob O’Byrne on Digital Transformation, Sustainability, and Diversification in Sourcing

Requis

Supply chain and logistics consultant, educator, and podcast host Rob O’Byrne has over 40 years of supply chain experience. Since then I’ve been in education and consulting. I think education and consulting go hand in hand. It’s a change in focus that requires education.

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3 Components to a Complete Lean Transportation Management System

LeanCor

When we hear “transportation management system” at LeanCor, we don’t just think of software. Lean thinking can help organizations develop and maintain a fast, stable, efficient transportation management system. When shippers apply lean thinking to people, process, and technology in transportation, the results are significant. Are these practices part of your organization’s transportation management system?

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The Case for Less Silos, More Intelligence in Supply Chain Management

Talking Logistics

Source: “The Case for Less Silos, More Intelligence in Supply Chain Management,” webcast presentation by Adrian Gonzalez, Adelante SCM. Logistics, Manufacturing, Procurement, Sales and Marketing — these functional groups, for the most part, continue to operate independently from each other, each driven by their own objectives and metrics. For example, I remember speaking with the Director of Transportation Services at a large CPG manufacturer a few years ago.

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Supply Chain Manager – A “Green” Superhero

Logility

The topic of sustainability and being eco-friendly is discussed in K-12 education on a regular basis. Higher forecast accuracy supporting a mature S&OP process allows a company to hold less inventory, run more efficient plants, and improve transportation efficiency.

Sales Can Use RACI Charts to Understand Procurement… and vice versa!

NC State SCRC

In less mature organizations, the sourcing decision will be more ad hoc, will be typically led by decision-makers in the business unit, and the textbook approach of working through business stakeholders at a local level makes sense. What is the organizational hierarchy in procurement – category manager for the category, director of sourcing (transportation and related services), buyers, and CPO? Do they have a formal strategic sourcing program?

Green Logistics: How to deliver efficiently while minimizing carbon footprint

Abivin

Source The process and involvement of logistics department in every organization have become an essential part to the economic development for a long time now. According to World Bank report, efficient logistics refer to transport, storage and conveyance of products to the ultimate consumers from the companies at minimal costs. Green logistics has a significant role in the trade process, transport and deliver the goods.

Forecast Accuracy at the SKU Level is Achievable

Logility

Gartner, for example, places demand forecasts at the top of their Hierarchy of Supply Chain Metrics to highlight the impact of forecasts throughout the supply chain. Improving forecast accuracy by just one percent can significantly reduce finished goods inventory, lower transportation costs, decrease inventory obsolescence and increase perfect order performance.

Help Supply Chain Planners Be More Successful In These Uncertain Times

Supply Chain Shaman

Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods. The answer is to increase modeling, evaluate sourcing strategies, and build the right push/pull decoupling points.

Sustainable Logistics: Quantifying Sustainability Measures of Your Logistics

Cerasis

Robinson and the MIT Center for Transportation and Logistics. With the production of quality products creating less waste, the ‘scorecards’ for source reduction targets are met, provided to mass retailers and promoted, but no metrics are dealing with in-transit shipping damage. Twitter Facebook Google+ LinkedIn The post Sustainable Logistics: Quantifying Sustainability Measures of Your Logistics appeared first on Transportation Management Company | Cerasis.

Welcome Puff, The Magic Dragon, to Your Team

Supply Chain Shaman

The promise of mathematical engines to improve business decision making is the basis of the supply chain planning, trade promotion management, revenue optimization, and supply chain execution markets for transportation/logistics. These included cloud-based computing, in-memory processing, parallel computation, and open-source analytics. Open Source Analytics: A set of languages, techniques and tactics to enable parallel processing, schema on read, and data insights.

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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. Source ID.

8 Things Companies Get Wrong in Supply Chain Management

Logistics Bureau

Confusing Strategic with Single (Sourcing). Single sourcing is a supply chain trend which can easily lead to mistakes for small and medium-sized businesses, especially if it’s chosen as a strategy without regard to the potential risks.

8 Things Companies Common Mistakes in Supply Chain Management

Logistics Bureau

Confusing Strategic with Single (Sourcing). Single sourcing is a supply chain trend which can easily lead to mistakes for small and medium-sized businesses, especially if it’s chosen as a strategy without regard to the potential risks. It’s certainly something to consider if you currently maintain a single-sourcing strategy. Ignoring the importance of metrics and KPIs to monitor supplier performance. Snapping up future air transportation capacity.

Top Digital Supply Chain Cities in the U.S.

Material Handling & Logistics

Source ID. Content Summary: New York ranks number 1 among the seven metro areas in the number of Fortune 1000 companies with supply chain leaders located in the metro area; in the number of supply chain and technology programs in a 200-mile radius; in the number of supply chain and technology awards conferred in programs in a 200-mile radius; in transportation infrastructure (e.g., Source ID. Source ID. Source ID. Source ID. Source ID. Source ID.

Demand-Driven Transformation at Shell

Supply Chain Shaman

Completed in 2012, the ERP project forced the company to standardize organizational design, roles, and metrics. Nick worked with them to provide intensive education of stakeholders, planning managers, general managers, process experts, and SAP specialists on the concept of DDMRP. Hong Kong has a lot of city transport, lengthy lead times, containerized products, and is much more fragmented when compared to the North American market. Drive Change Management Through Education.

Easier than reducing carbon footprint – 5 Steps to make a dent in the Huge and Hidden Cost of CPG Sustainability

Cerasis

LTL gets even trickier according to a report by the MIT Center for Transportation and Logistics. . with the production of quality products creating less waste, the ‘scorecards’ for source reduction targets are met, provided to mass retailers and promoted but there are no metrics dealing with in-transit shipping damage. Calculating the carbon footprint of a company’s comprehensive logistics framework is tremendously complex.

21 logistics experts share the most important ingredients in developing an effective logistics strategy

6 River Systems

Statista found that 73 percent of buyers and users of freight transportation and logistics services say the COVID-19 pandemic had an impact on their logistics and supply chain operations.

Top Supply Chain Articles of 2015

Cerasis

As we head into 2016, we are featuring our most read articles of 2015 in our five main categories: Manufacturing, Supply Chain, Logistics, Transportation Management, and Freight. The new year will then bring series on trends and on the state of some of the business functions and technology used in proper transportation and logistics management. As always our goal is to educate and inform. These metrics should be reviewed frequently to ensure supply chain success.

Doing Business in Belgium

QAD

Typical manufacturing products made in Belgium include engineering and metal products, automobile assemblies, transportation equipment, scientific and precision instruments, chemicals, pharmaceuticals, textiles, glass, petroleum and food and beverages. Belgium’s transportation and communication pathways are robust. 36 percent of Belgium’s energy consumption comes from renewable sources, making it the eighth country in the world for renewable energy production.

Integrated Planning: Is It Rubbish? Be Careful What You Ask For….

Supply Chain Shaman

I find most companies are good at pockets of planning–demand planning, supply planning, transportation planning, material planning or plant scheduling, but the flows are not connected. Each are good at localized planning within a focused area of demand, supply, network design, transportation planning, material sourcing or finite scheduling. The greatest value happens when companies can link across source, make and deliver. This requires continue education.

This Week in Logistics News (August 13-17, 2018)

Talking Logistics

Here are some excerpts from the press release: 94 organizations are actively involved or have agreed to participate on the TradeLens platform, including more than 20 port and terminal operators across the globe; customs authorities in the Netherlands, Saudi Arabia, Singapore, Australia and Peru; and freight forwarders, transportation and logistics companies including Agility, CEVA Logistics, and DAMCO. New Transportation Solutions from project44 and Kuebix. I’m back from vacation.

Network Consolidation: A Step Forward for Market-Driven Value Networks?

Supply Chain Shaman

The network senses, translates, and orchestrates market changes (buy and sell-side markets) bi-directionally with near-real time data to align sell, deliver, make and sourcing organizations outside-in. GT Nexus evolved as a Software as a Service (SaaS) application for transportation while GXS/OpenText evolved from the EDI VAN technologies. As a result, the vendors need to educate not just sell to the market. Education is Key.

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26 supply chain pros reveal the single most effective way to create a winning supply chain strategy

6 River Systems

Dr. Scott Newton @TeleTracking Dr. Scott Newton, Director of Product Management for TeleTracking , has more than 30 years of experience in healthcare, working as an EMT, a nurse, an educator, and a patient flow command center leader. The financial supply chain presents an opportunity to deliver beyond process efficiency and cost savings by allowing companies to tap into new sources of revenue and profit streams. Who should we source and procure from and in what quantity?

Beyond the Beer Game: Tips for Responsible Logistics Gamification

Logistics Bureau

In fact, here at Logistics Bureau, we’ve been using the Beer Game (a supply chain simulation) for years now, as a way to help companies educate their management teams in supply chain dynamics. Essentially, gamification is just an expansion of the use of metrics and KPIs to measure human performance. If you wish, you can implement gamification in inventory management and warehousing, transport management or even into the cabs of trucks if you run a commercial-vehicle fleet.

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

6 River Systems

As if this wasn’t enough, transportation costs are rising and forcing companies to constantly adjust and optimize. “When addressing transportation of goods, the biggest issue my prospective customers face that I can address and correct simply is…” Communication, communication, communication. And because transportation costs are easily one of our bigger expenses, we’re always looking for ways we can do things more efficiently.

50 expert tips on logistics planning and strategy

6 River Systems

” — William Verdini, associate professor and chairman of the Supply Chain Management Department at Arizona State University’s Carey School of Business, as quoted in The Importance of Education in Supply Chain Management , Reliable Plant; Twitter: @NoriaCorp. “Users can easily now look at your global or regional supply situation and quickly source alternates when required, but the key here is to practice your response.

YARD MANAGEMENT SYSTEMS Questionnaire

The Lean Supply Chain

The other software companies that sell YMS below, sell it in conjunction with a Warehouse Management System (WMS) and Transportation Management System (TMS) so there is no way to gauge those YMS sales as they could be with, or without, the YMS system depending on the customer’s needs. RTLS also enables management to monitor yard operations’ key performance indicators (KPIs) based on quantifiable productivity metrics measured by the actions of the yard trucks.

Is Your Truck Healthy? This App Will Tell You

GTG Technology Group

It encourages people to drive safer in a fun way, but it also educates them during the process. Like its little brother, the Dash XL app monitors driving behavior and diagnostic metrics. Sources: [link]. Industry News healthy tms transportation truck truckingApps and gadgets have been flooding the trucking industry for the past few years. Software developers have figured out that the industry holds a wealth of potential for developers and truckers alike.

26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

RFID tags and robotic warehouse systems generate and transmit data that, when combined with other data sources, allow companies to optimize the supply chain and make better predictions and forecasts to improve efficiency and boost the bottom line. They can also be used to track the provenance of adulterated products to identify the source. He has more than 30 years of experience in healthcare — working as an EMT, a nurse, an educator and a patient flow.

The Quality of Your Insights, not the Size of Your Data, is What Really Matters

Enterra Insights

In the book, Lewis notes, “Data Science is about identifying those variables and metrics that might be better predictors of performance.” Education. The Analytics Insight staff notes, “Important insights can identify better teaching strategies, highlight areas where students may not be learning efficiently, and transform how the education is delivered.” Transportation.

Supply Chain Management:Demand Planning in CPG industry.

Infosys Supply Chain Management

Education. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Demand planning is the most critical process in the CPG industry, since it drives all downstream processes (raw material/finished goods inventory planning, procurement planning, capacity planning, manpower planning, transportation planning, etc.) In this step, the actuals are compared with the planned metrics (MAPE, forecast accuracy, bias etc.)

Collaboration: Find a Trusted Services Partner to Amplify Your Results

BlueYonder

Functional specialists in sourcing, transportation, inventory management and other key areas need to ensure that performance metrics reflect world-class supply chain results. Your partner should be able to access whatever experience you need, quickly and flexibly, from across its worldwide services organization, which may include consulting, education, cloud, hardware and support.

Supply Chain Management:Smarter Partnering for Smarter Business

Infosys Supply Chain Management

Education. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Some of those are Cognos, iLog, SPSS, Core Metrics, Emptoris, Vivisimo and many others, as world is moving from reactive to proactive. IBM already has multiple use cases configured for this offering - Water, Transportation, Public Safety and City Planning & Operations. Sourcing,Procurement,Contract & Spend Management (38).

Supply Chain Management:Growing interest in sustainability from.

Infosys Supply Chain Management

Education. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. We spoke to many sustainability and business domain experts who have wide expertise working within asset intensive organizations like Power Generation, Utilities, Oil & Gas, Telecommunications and Transportation. Sourcing,Procurement,Contract & Spend Management (38). About Us. Contact Us. Newsroom Investors Careers. Infosys Labs.