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How Can You Improve Value in Your Supply Chain?

Supply Chain Shaman

For example, if I improve the cost structure in transportation, procurement, manufacturing and sales independently, what decision support framework decides the right trade-offs? In today’s architectures and functional metrics, value optimization does not exist. Align functional metrics to reliability to deliver value.

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Aligning Supply Chain Metrics to Improve Value

Supply Chain Shaman

In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supply chain excellence. For example, a cost improvement in one function could raise the costs in another. Error is error, but is it the most important metric? What Drives Value?

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Ethical Considerations in Supply Chain Compliance

Logistics Viewpoints

For example, integrating renewable energy into supply chains can reduce environmental footprints while enhancing brand equity, demonstrating a commitment to sustainable operations. Public Reporting: Publishing sustainability reports and ethical compliance metrics to highlight progress and areas of improvement.

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Modern TMS Solutions: Driving Sustainability in Supply Chain Operations

Logistics Viewpoints

However, as carbon taxes and emissions reporting requirements continue increasing, supply chain professionals face mounting pressures from inside and outside their organizations to measure and improve performance against new, nebulous sustainability metrics. Freight transportation makes up over 10% of total global carbon emissions.

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How to Package and Price Embedded Analytics

Just by embedding analytics, application owners can charge 24% more for their product. How much value could you add? This framework explains how application enhancements can extend your product offerings. Brought to you by Logi Analytics.

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Unsettled

Supply Chain Shaman

For example, you cannot control governmental policy. I give these three scenarios as examples. Form and socialize your own hierarchy of metrics. For example, don’t focus on forecast error. Here is the metrics framework that I am using at present in my outside-in classes. You may not agree with me.

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The Three Pillars of Sustainability in Supply Chain and Logistics: A Strategic Guide

Logistics Viewpoints

Patagonia serves as an excellent example of this approach, incorporating recycled materials into its products and offering repair services to minimize waste while maintaining a strong brand commitment to sustainability. Measuring Progress and Building Trust Transparency is essential in sustainability efforts.