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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 ? .

What Is the True Cost of Eating Meat?

Supply Chain Brain

Food and farming is one of the biggest economic sectors in the world. In 2016, the world’s meat production was estimated at 317m metric tons, and that is expected to continue to grow. the food chain now includes the agribusiness companies, the retailers, and the entertainment sector. Department for Environment, Food and Rural Affairs, in 2014 the food and drink manufacturing sector contributed £27bn to the economy, and employed 3.8

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How Machine Learning Is Redefining Supply Chain Management

IQMS

Key factors influencing inventory levels, supplier quality, demand forecasting, procure-to-pay, order-to-cash, production planning, transportation management and more are becoming known for the first time. The manufacturing industry leads all others in the volume of data it produces on a yearly basis. Also, machine learning is leading to more accurate measures of Overall Equipment Effectiveness (OEE), a key metric many manufacturers and supply chain operations rely on.

Ensuring Workers’ Rights in Global Supply Chains

Supply Chain Brain

Just about every major manufacturer has a supplier code of conduct to ensure that workers are treated humanely. Most global supply chains are made up of multiple tiers of manufacturing, stretching from production of raw materials to final assembly. Original equipment manufacturers (OEMs) might even be unaware that their products are being made at an unapproved and non-compliant location.

Biobased Economy Continues to Grow: USDA Secretary Announces NC State-Duke Study Results on Monday

NC State SCRC

The production and use of biobased products replacing petroleum-based products has the potential to reduce GHG emissions up to 10 million metric tons of CO2 equivalents. “Better economic opportunities, like those offered by the biobased product manufacturers, are creating wealth in rural America. I’m writing to share an exciting new report released today entitled “ An Economic Impact Analysis of the U.S. Biobased Products Industry: 2016 Update.”.

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The Great Gap Year of 2020

Bristlecone

Someone still has to produce cars; develop real estate and build homes; manufacture carpets, faucets and tile; process food items; produce movies; etc. Blog Digital Transformation ERP Execution Planning Procurement Supply Chain Transformation Thought Leadership

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. Also, provide weekly data and reports to operations and procurement teams.

Why It Matters

Supply Chain Shaman

Both companies provide packaging materials to the food manufacturing industry. Food manufacturers, over the course of the last decade, have pushed costs and waste backwards in the supply chain. Products have proliferated by 37% over the last five years and packaging suppliers are being asked to provide more and more innovation to help the food manufacturers bring new products to the market. It cannot be about singular metrics.

Study Shows Two-Thirds of Companies Yet to Execute Digital Transformation in Supply Chain Planning

ToolsGroup

A North American-based survey of nearly 200 supply chain professionals from top CPG, distribution/wholesale, food and beverage, manufacturing, and retail companies found that 58% of respondents are still in the exploring or evaluating phases of digital transformation. PRESS RELEASE. New survey finds that most companies are still formulating and gaining support for a digital strategy, with fear of change and data challenges as leading roadblocks. . BOSTON, Mass. and HOUSTON, Tex.

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Let the Qs Begin

Supply Chain Shaman

Attending the conference was Alexia Howard, Senior Research Analyst – US Foods for Sanford C. The script will be distributed to CFOs of apparel, consumer packaged goods, and food/beverage companies next week. There are three reasons why: Vertical excellence—having the best manufacturing, procurement or transportation function—has not worked. Aligned Metrics. This is an unknown, but in my opinion, 65% of the solution is in the hands of the manufacturer.

Transportation Network Modeling: A Powerful Tool in Greenhouse Gas Emissions Reduction Strategy

Talking Logistics

In 2010, Walmart announced its goal to eliminate 20 million metric tons of GHG emissions from its global supply chain by the end of 2015. million metric tons to date, saying that some measures had led to a doubling of fleet efficiency. With 40 percent of GSK’s carbon footprint coming from the procurement of raw materials, the company recognised that tackling its own emissions wouldn’t be enough to reduce its carbon footprint – it would need to support suppliers to do the same.

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

Talking Logistics

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 example, a supply chain executive at a leading food manufacturer is working closely with the sales team to educate them on how to position supply chain and logistics capabilities as a competitive differentiator with clients.

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

Talking Logistics

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 example, a supply chain executive at a leading food manufacturer is working closely with the sales team to educate them on how to position supply chain and logistics capabilities as a competitive differentiator with clients. Happy New Year!

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.

My Take: E2open Buys Terra Technology

Supply Chain Shaman

Over the last decade the use of Terra Technology’s DS product improved short-term demand forecasts by 37% at 13 consumer products, and food and beverage companies. Used as a one-to-many data model for sourcing and procurement by companies like IBM, Cisco Systems, Dell, Motorola, Seagate, and Vodafone , there is much promise; but in the last five years the Company, plagued by execution issues, encountered problems. Traditionally E2open sold to the procurement organization.

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

Requis

Manufacturing sites have been rationalized in terms of, “we don’t need five factories in this country, we only need three, then two, then we don’t need them at all, we’ll move them to China”. We’ve also got to educate the producers and manufacturers.

SCRC Meeting – Tom Linton’s “Supply Chain Eight” and Golden Winged Warblers : Questions Every New CSCO Should Ask Their CEO

NC State SCRC

My first Monday in, I asked for a full report of all our supply chain metrics, and my analyst told me he could get it to me by Friday. Some of the many issues that undergo different social and political debates include guns, the use of military force, sugar water, cigarettes, fatty food, and many other issues. For instance, Whole Foods allows each store to bring in goods from local farmers, and allow them to integrate local philosophies into their decision-making.

Judging Supply Chain Improvement: Campbell Soup Case Study

Supply Chain Shaman

We have found that supply chain metrics are gnarly and complicated.During Food and Beverage Company Performance on the Supply Chain Index for the Period of 2006-2012. In our program, cost avoidance, while desirable, does not count towards the metric. Our approach simply breaks accountabilities and goals across the areas of Manufacturing, Logistics/Network Optimization and Ingredients/Packaging.

No Easter Bunny?

Supply Chain Shaman

The traditional supply chain is inside-out, triggering processes on the back of order-to-cash and procure-to-pay financial processes. Or is it the use of the Internet of Things to transform manufacturing or reduce issues with counterfeiting? This issue is that the orders have inherent order latency (The time for customer purchases to translate to manufacturing orders). This is the world view of finance and why there is so much friction between procurement and finance.

How Do We Heal the Healthcare Value Network?

Supply Chain Shaman

On this webinar, we shared data that we have collected on financial metrics for the healthcare value network (see figure 1) and we asked a panel of Karen Conway from GHX; Ken Thomas, previously of Eli Lilly, and now the founder of Taith Group; and Roddy Martin, previously a Vice President at AMR Research and now at Accenture, the question ”How do we Heal the Healthcare Value Chain?”

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

6 River Systems

I am buying a sheep and goat farm alongside a larger space for a garment factory so that I can control where the cashmere and wool is coming from, how it is processed and how it is manufactured before it is sent to my customers. It is absolutely imperative to be in a position to do as much quality control as possible in house, so that all that is required thereafter is shipping from the manufacturer straight to the customer.

50 expert tips on supply chain management

6 River Systems

Consumer demand across many product categories experienced a sudden shift, as well, with demand for essential products like food, cough medicine, disposable gloves and toiletries increasing sharply, while demand for non-essentials like clothing and jewelry declined sharply. China trade war has already put regionalization of manufacturing back on the table. Chinese manufacturers did the same as they evolved their operations during the 1990s and early 2000s.

3 Technology Companies Disrupting Shipping

FLEXE

I’m Nerijus Poskus — Director of Pricing and Procurement at Flexport. Half of them are what we call 1PL — so they’re other retailers and manufacturers who are operating their warehouses. And, do I have food grade certification? And, again, with the power of the marketplace in scale, you start to get comparative metrics. Well, imagine being able to measure those metrics in an apples-to-apples way across hundreds of providers.