Remove Examples Remove Exercises Remove Innovation Remove Metrics
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DB Schenker – Singapore: A Vital Node in Singapore’s Logistics Ecosystem

The Logistics & Supply Chain Management Society

Continued Innovation even Amidst the Pandemic. This investment in equipping employees with future ready skillsets has put the organization in good stride to tackle the challenges brought on by COVID-19; allowing Schenker to accelerate investments and efforts in innovation even as many other organizations are struggling to stay afloat.

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Strategies for Managing Stress in the Workplace: Advice From 30 Experts Across the Globe

ToolsGroup

For example, as of March 2022, 81% of Americans say the supply chain is a significant source of stress. 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.

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Freight Procurement is a Different Game

Logistics Viewpoints

A 95% on time delivery metric – very high performance – is just not good enough for Simmons. Any shipment moving from Siloam Springs to Bentonville, Arkansas, for example, would be one lane. An RFP is a data intensive exercise. They learned that Emerge could do more, they had an innovative freight procurement solution.

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Supplier Performance Management – The Ultimate Guide

SCMDOJO

The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? What innovations could be introduced?

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Sustainable procurement: a platform to rebuild

Proxima

Out of 502 participants from business owners to Directors, 86% said that they currently use sustainability as a metric to help shape decision making within their business. Embrace Innovation to unlock new sustainable value. Sustainability is part of the new innovation playground that looks at the top and bottom line. ISO 20400.

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Using Data to Improve Supply Chain Operations

Material Handling & Logistics

Complex supply chains generate more data, which companies can use to drive greater efficiency or engage in innovation that disrupts an entire industry—think Amazon. Algorithms can help supply chain professionals and their colleagues in other departments identify new opportunities to improve efficiency and innovate processes.

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How to Benchmark Your Supply Chain

Logistics Bureau

Suppose you wanted to be the fastest runner in the world, for example. The performance measurement pillar, which is the one used for benchmarking, is essentially a hierarchy of key performance indicators (KPIs), comprising more than 150 metrics organised into two levels. Those levels are “benchmarks”.