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Metrics and Issues to Consider in SQM (Supplier Quality Management) By 5 Big Industries

Cerasis

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. In today’s post, Chuck will take it a step further and break down metrics and issues to look out for by 5 main industries: Pharmaceuticals. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site.

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. Therefore, it is paramount for you as a logistics and supply chain professional to have a keen sense of how to properly evaluate a supplier. 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.

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Logistics Metrics You Didn’t Know You Should Be Watching

Supply Chain Collaborator

What if I told you were unwittingly undermining all the time, cost and effort your organization has invested in logistics IT solutions like TMS and optimization tools? Read on to find out what may currently be missing from your supply chain logistics program. Yard management is a crucial piece of any successful logistics management practice with significant implications for efficient supply chain planning.

What to Look for in a Food Distribution Warehouse Provider

Kanban Logistics

Makers of all types of products turn to third-party logistics (3PL) providers to optimize warehousing and distribution operations in order to meet modern supply chain demands. Makers of food products, however, have a host of safety and regulatory requirements to contend with that make selecting the right 3PL even more crucial. A big part of most food logistics operations involves temperature and climate control. Food Safety Plan. Food import services.

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One Man’s Trash: How Blockchain Can Target Food Waste to Help End World Hunger

Material Handling and Logistics

According to the United Nations, one in nine people today—or 815 million globally—lack access to the food necessary to lead a healthy lifestyle. Every year, one third of the food produced in the world for human consumption—or 1.3 billion metric tons—gets lost or wasted. What’s more, net food losses in developed countries (222 million metric tons) equate to nearly all of the food produced in Sub-Saharan Africa yearly (223 million metric tons).

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Vendor-managed inventory and distribution planning in the food and beverage industry – here’s something to chew on

Kinaxis

by Jeswin Philip The Food Packaging Trends and Advances report from PMMI forecasts that the US Food and Beverage industry will experience a 2.9 % CAGR through 2022. The report also mentions that the global growth rate is almost double that of the US food industry. Food for thought: Time for a different kind of supply chain. The vendor is usually the supplier, a manufacturer or a distributor.

Which Metrics Matter? Interview with Philippe Lambotte

Supply Chain Shaman

My journey to understand supply chain Metrics That Matter started three years ago. We are currently mapping the progress of all public manufacturing, distribution and retail companies on three factors: Strength: Year-over-year improvement on operating margin and inventory turns for the past six years. Balance: The ability to balance a portfolio of metrics to maximize market capitalization and free cash flow. How do you balance metrics ? .

How Supply Chain Efficiency Can Cut Costs for Food Ingredient Shippers

Zipline Logistics

Controlling costs in the supply chain is an excellent way for businesses in any sector to find increased profitability, but it is especially true for food ingredient shippers. An effective supply chain strategy that controls costs is crucial because margins for ingredient manufacturers are typically thin. If you are unsure how to uncover the inefficiencies in your operation, a technologically-enabled logistics partner can help.

5 New Year’s Resolutions for Supply Chain & Logistics Executives

Talking Logistics

If you’re a supply chain or logistics executive and you’re looking for ways to improve as a leader this year, here are my five recommendations: 1. You have to equate the value proposition to metrics the CFO understands and cares about, such as working capital, cash flow, and other items linked to the company’s P&L and balance sheet. For a long time, C-level executives viewed supply chain management, especially the logistics function, as a cost center.

26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

Logistics can be traced all the way back to the Greek and Roman empires , but it’s undergone several major transformations as new technologies provide opportunities to more efficiently manage the movement and storage of goods. In the digital transformation age, logistics is once again undergoing a major shift. These technologies also contribute to a rise in big data and analytics in the logistics field. ” Meet Our Panel of Logistics Pros: Brian Jessup.

Smart Sensors and the IIoT Improve Manufacturing Efficiency

Cerasis

as well as the Industrial Internet of Things , manufacturers are using technology to enhance their operations in ways they never before thought possible to get manufacturing efficiency. The IIoT has already proven itself as a highly effective tool in the manufacturing sector, and we've only seen the beginning of what this technology is really capable of achieving. A System of Smart Labels and Sensors To Enhance Manufacturing Efficiency.

At the Starting Line: New Year’s Resolutions for Supply Chain and Logistics Executives

Talking Logistics

Did you come up with any New Year’s resolutions to improve as a supply chain and logistics leader this year? From “5 New Year’s Resolutions for Supply Chain & Logistics Executives” originally published on January 14, 2014: 1. You have to equate the value proposition to metrics the CFO understands and cares about, such as working capital, cash flow, and other items linked to the company’s P&L and balance sheet. Happy New Year!

Offering Prayers While Looking Down the Barrel of a Gun

Supply Chain Shaman

This confession comes seven years after selling of contaminated food. The food recall is the largest in US history. …never before has a corporate executive been convicted of federal felony charges in a food safety violation. Parnell, is now charged and convicted for selling adulterated and mis-branded food into interstate commerce with the intent to defraud or mislead. Food and Drug Administration and the U.S. In 2008, the company manufactured 2.5%

What does ‘on-time, in-full’ (OTIF) mean in the consumer sector?

PINC

and Trading Partner Alliance outline some of the key considerations that should go into developing and using the on-time and in-full delivery metric. To fill these gaps, a growing number of companies operating in the consumer sector have adopted the “on-time in-full” (OTIF) delivery metric.

This Week in Logistics News (March 4-8, 2019)

Talking Logistics

And with that, here’s the supply chain and logistics news that caught my attention this week: Walmart Toughens Delivery Demands for Suppliers (WSJ – sub. The thing that makes supply chain and logistics so exciting and frustrating and challenging is that just when you think you’ve figured something out or have it under control, the world changes on you. threshold for food consumables. P&G and Wayfair: More Shippers Taking Direct Control of Logistics Operations.

The Trends Shaping Supply Chain and Logistics: Takeaways from Descartes Evolution 2017

Talking Logistics

Drones and its future in supply chain and logistics processes. Logistics Excellence: Now & in the eFuture. Before diving into some takeaways from the sessions I attended and participated in, here are some high-level stats about Descartes (a Talking Logistics sponsor): Descartes is now a $200M+ company and continues to grow. getting buy-in from drivers and other stakeholders) and implementing appropriate metrics to measure and drive performance.).

How Machine Learning Is Redefining Supply Chain Management

IQMS

Source: Machine Learning – A Giant Leap for Supply Chain Forecasting, Material Handling and Logistics Conference (PDF, 28 pp., Source: Machine Learning & AI in Transport and Logistics, Frank Salliau & Sven Verstrepen Logistics Meets Innovation Vlerick Brussels – Nov. Source: DHL, Artificial Intelligence in Logistics, 2018 (PDF, 45 pp., Source: DHL, Artificial Intelligence in Logistics, 2018 (PDF, 45 pp.,

Sage Advice? Only for Turkeys.

Supply Chain Shaman

Consider the case of food manufacturing. The only metric that we have improved through ten years of IT investments is the revenue/employee number. The company that has done this the best in this food peer group is General Mills. Over the course of the last decade, I have worked with many companies that moved manufacturing to countries with lower labor costs. This week, I am grounded due to weather. So, I am spending my time writing.

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Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

SUMMARY: Because 4PL providers handle a company’s entire chain, including challenges that are thrown up by advances in technology, they are increasingly being favoured over third-party logistics (3PL) providers, especially by big companies with complex supply chains. Healthcare Logistics.

Collaboration at the Logistics Sharp End – Can It Work?

Logistics Bureau

And by comparison and with apparently so much to gain, why do some logistics service providers and their clients fail to team up effectively? Making collaboration work at the logistics sharp end is possible , but there are conditions. In this article, we look at why you might want to collaborate in your logistics, where opportunities lie, what makes collaboration work, and conversely, what makes it fail. What Can Companies Gain from Collaborating in Logistics?

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Tips for Retailers (And All Shippers) to Overcome the Amazon Effect

Cerasis

Whether you are a retailer, carrier, cloud services provider, or eCommerce merchant, Amazon not only effected the landscape of e-tail but the landscape of shipping and logistics as a whole. The company also plans to utilize its Whole Foods locations’ parking lot space as distribution centers, placing fast delivery ahead of the in-store shopping experience. Freight Logistics Omnichannel Small Package amazon effect

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Collaboration at the Logistics Sharp End – Can It Work?

Logistics Bureau

And by comparison and with apparently so much to gain, why do some logistics service providers and their clients fail to team up effectively? Making collaboration work at the logistics sharp end is possible, but there are conditions. In this article, we look at why you might want to collaborate in your logistics, where opportunities lie, what makes collaboration work, and conversely, what makes it fail. What Can Companies Gain from Collaborating in Logistics?

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Letter from the CEO: Coronavirus Market Update

Transplace

Many shippers are seeing surge capacity, especially in the CPG industry (water, cleaning supplies, paper products, shelf stable, and other food items). Carmakers and electronic manufacturers in South Korea and Japan are reporting production line shutdowns. VLSFO (Very Low-Sulfur Fuel Oil) $315 per metric ton 3/12 comparted to $740 per metric ton in January 2020 = 57% decrease. Letter from the CEO: Coronavirus Market Update.

Driver Networks and The Future of Last-Mile Delivery Operations

Talking Logistics

Having both dedicated drivers and proprietary transportation and logistics technology are luxuries that only the biggest volume service providers can afford — think UPS, FedEx and Amazon. Unlike a company whose specialty is logistics, they aren’t able to sell their spare capacity. 30 minute deliveries for food and beverage with an API to provide back driver GPS info, stats on time at restaurant picking up, etc.).

History Repeats Itself Without Supply Chain Leadership

Supply Chain Shaman

I started to work at General Foods’ largest plant in Dover, DE, in the summer of 1982 at the age of 24. Frank, the line manager for manufacturing, dominated the meetings. Tom, the colorful warehouse manager, constantly heckled Frank for the increasing inventory levels while Ed, the quiet material/logistics manager, constantly questioned if there was a better way. Strong manufacturing organizations do not make the most effective manufacturers.

Who Should Be In The Winner’s Circle?

Supply Chain Shaman

The topic of the meeting was the logistics to launch of the AMR Research Top 25. Only 29% of manufacturers easily manage total cost trade-offs. The research project analyzed 1200 combinations of 180 metrics for four hundred companies for the period of 2010-2012.

A Quick Glance Into The Logistics Market - March 2016

EFT

Retail Sales: Retail and food service sales decreased in February to $447.3 Source: US Census) Manufacturing & Trade Sales Total combined sales and manufacturing shipments totaled nearly $1.296 trillion in January 2016, down 0.4% Manufacturing & Trade Inventory: Total value of inventory on hand is estimated at $1.812 trillion in January, up 0.1% Source: Inbound Logistics). Source: Inbound Logistics) . MARKET: Gross Domestic Product: The U.S.

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A Quick Glance Into The Logistics Market - January 2016

EFT

Retail Sales Retail: and food service sales decreased in December to $448.1 Manufacturing & Trade Sales: Total combined sales and manufacturing shipments totaled nearly $1.317 trillion in October 2015, down 0.2% Manufacturing & Trade Inventory: Total value of inventory on hand is estimated at $1.814 trillion in October, virtually unchanged from September and up 2.0% Source: Materials Handling & Logistics). MARKET: . Gross Domestic Product: The U.S.

A Quick Glance Into The Logistics Market - January 2016

EFT

Retail Sales Retail: and food service sales decreased in December to $448.1 Manufacturing & Trade Sales: Total combined sales and manufacturing shipments totaled nearly $1.317 trillion in October 2015, down 0.2% Manufacturing & Trade Inventory: Total value of inventory on hand is estimated at $1.814 trillion in October, virtually unchanged from September and up 2.0% Source: Materials Handling & Logistics). MARKET: . Gross Domestic Product: The U.S.

A Great Wall and China – Trump Trade Plans Impact Food, Retail Shippers

Supply Chain Collaborator

Here are a few likely scenarios that should give you pause to consider the overall state of your existing logistics practices. These changes will impact calculations of such critical transportation and logistics metrics as lead times, delivery schedules, routes, mileage and a host of others. based manufacturers are fully integrated across the U.S.-Mexico The sourcing of goods may shift quickly away from Pacific Rim manufacturers.

Supply Chains to Admire: 2016 Results

Supply Chain Shaman

Unfortunately, we find most companies are moving backwards on the Supply Chain Metrics That Matter™ or making progress on singular metrics versus driving performance improvement on a balanced portfolio of supply chain metrics that correlate to market capitalization. (If Check out their performance by plotting year-over-year metrics at the intersection of two ratios and look at the patterns. Five months of analysis. Lots of heated debates. It is now over.

Supply Chain Best Practices during a Quarantine

SupplyPike

Learn how to: Keep your logistics on time and prepared Maintain your replenishment goals Properly forecast and redefine your demand plan Use technology to help. Logistics. You should also prioritize the products you need to manufacture and replenish. Items like personal protective equipment, shelf-stable foods, paper goods such as toilet paper, and eggs and meat are all greatly sought after during this pandemic, so their supply chains are the most in flux.

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Supply Chains to Admire – 2016 Results

Supply Chain Insights

Unfortunately, we find most companies are moving backwards on the Supply Chain Metrics That Matter™ or making progress on singular metrics versus driving performance improvement on a balanced portfolio of supply chain metrics that correlate to market capitalization. (If Check out their performance by plotting year-over-year metrics at the intersection of two ratios and look at the patterns. Five months of analysis. Lots of heated debates. It is now over.

Go Boldly Together: Takeaways from Nulogy xChange 2018

Talking Logistics

From May 2016 through the end of August 2017, “17 CEOs of public Big Food manufacturers and retailers had departed, or announced their intention to,” according to an article published last September in Fortune. For Garfield, the old rules for success, based primarily on economies of scale in manufacturing and advertising, are no longer effective. There are seismic shifts in the fast-moving consumer goods (FMCG) and outsourced manufacturing world.”.

Supply Chain Leadership Driving Industry 4.0 & Resilience During Crisis – LogiSYM July 2020

The Logistics & Supply Chain Management Society

Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. retail, e-commerce, food production). Dr. Nicolas Hubbard is Director of Programmes in the Faculty of Transport and Logistics at Muscat University.