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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 ).

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.

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

Material Handling and Logistics

For organizations that source products from suppliers in remote regions, blockchain can provide clarity in an otherwise murky journey from harvest to retail. 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.

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Measuring Up?

Supply Chain Shaman

The average manufacturing company’s supply chain organization is 15 years old. The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. We find that companies can improve one, but not two of the metrics. Teams struggle to drive improvement in both metrics at the same time. Analysis of Performance and Improvement by Industry on the Supply Chain Metrics That Matter.

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 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

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. Often it’s those deeper levels that are the source of violations or inadequate working conditions. Regulation and Compliance Quality & Metrics All Technology Supply Chain Visibility Sourcing/Procurement/SRM

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.,

Maximize Efficiencies With Overall Equipment Effectiveness (OEE) Software

IQMS

A leading plastics global plastics manufacturer has standardized on Overall Equipment Effectiveness (OEE) as one of their primary metrics based on its proven value in stabilizing every production machine on their shop floor.

Doing Business in Belgium

QAD

Manufacturing in Belgium. 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. Manufacturing accounts for about 22 percent of the GDP. Supply Chain Infrastructure for Manufacturing. billion metric tons of goods in 2015.

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. Despite goals to improve agility and resiliency, functional metrics for manufacturing efficiency continually throw the supply chain out of balance. Strong manufacturing organizations do not make the most effective manufacturers. The second step is to align metrics to the strategy.

Is Your Supply Chain Ready for Social Media-Fueled Demand Volatility?

ToolsGroup

Examples are: customer experience metrics, feedback on new product features and pricing, customer satisfaction and loyalty, and competitive intelligence. Other sources: 1 [link]. Have you noticed how the clock speed of just about everything has sped up considerably in just a few years?

Supply Chains to Admire: 2016 Results

Supply Chain Shaman

The source data for the analysis is public reporting of balance sheets and income statements. 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 In the analysis of the Supply Chains to Admire, we use PTBV as a proxy metric of value.

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

Supply Chain Collaborator

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 For food shippers, the calculus is equally daunting as an exit from NAFTA is likely to spur increases in the prices of certain produce and other agricultural products currently imported from Mexico into the US.

Supply Chains to Admire – 2016 Results

Supply Chain Insights

The source data for the analysis is public reporting of balance sheets and income statements. 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 In the analysis of the Supply Chains to Admire, we use PTBV as a proxy metric of value.

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.

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.

Defining Your Own Logistics Competitive Weapon

Talking Logistics

Source: “Tech in Asia” – https://www.techinasia.com. Another example: A few years ago I met with a supply chain executive at a leading food manufacturer who was working closely with the sales team to educate them on how to position the company’s supply chain and logistics capabilities as a competitive differentiator with their clients. For a long time, C-level executives viewed supply chain management, especially the logistics function, as a cost center.

Renegade Riposte

Supply Chain Shaman

After, I explained this, I granted Peter permission for the council to use the Index (the use of the Supply Chain Insights content follows the principles of open source), I then said to Peter, “I am glad that you called. The more that I work on supply chain metrics, the more that I believe that both the SCOR model and the Gartner Hierarchy of Supply Chain Metrics (which I worked on for the period of 2006-2010) reward functional, not end-to-end supply chain behavior.

Top 10 Supply Chain Innovations of 2018

Material Handling and Logistics

Supply Chain Innovators of 2013 : paperless food chain, VLMs, cold chain fleet management, and more. Source ID. Source ID. Source ID. The retail giant plans to take out 50 million metric tons (MMT) by 2030, which is equivalent to the emissions associated with the average annual electricity consumption of 40 million Chinese households. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID.

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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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. Last Node of the Supply Network: Gain visibility into the last level of the supply node in the case of single or multi-sourcing.

Stories of Supply Chain Leadership: An Interview with Joan Motsinger of Seagate

Supply Chain Shaman

In our work on the Supply Chains to Admire report , we tracked the progress of manufacturing, retailing and distribution companies for the period of 2006 to 2013 and 2009-2013. We then rated companies on their ability to manage and improve a portfolio of metrics: operating margin, inventory turns and Return on Invested Capital (ROIC). Before taking her current position, she served in several capacities including Seagate’s product design and manufacturing facilities in the U.S.

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. What percentage of retail out-of-stocks could be prevented by the manufacturer in these industries?

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

Talking Logistics

Supply chain network and transportation optimization can help make better sourcing and multi-stop route decisions that ultimately result in route design that balances low costs with higher service. 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.

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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.

Winners in business: Supply Chains to Admire 2016

Supply Chain Movement

In process manufacturing BASF, L’Oréal and The Clorox Company. In discrete manufacturing those are Apple, Cisco, Coopertires, Cummins, Edwards, Steelcase and Tsmc. And in retail the winners of 2016 are Carter’s, CVS, Dollar Tree, Target, Whole Foods and Walmart. Similarly, industries like beverages, contract manufacturing, food, oil and gas, restaurants and fast food, and retail apparel have finalists, but no winners.

Say Customer Service and Mean It

Supply Chain Shaman

Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score. Food Drive-Thru Experiences. Starbucks redesigned their cups for the Grande product, and the flimsy cups were a source of constant spills and burns.

Technology and the Supply Chain: What Does the Future Hold?

Kinaxis

Smartwatches, drones, jetpacks, robot housekeepers, a food replicator and even a flying car that could transform into a briefcase. Big business are jumping on the bandwagon too – utilizing collaborative distribution, reverse logistics and cooperative sourcing to lower costs, improve efficiency and better optimize their supply chain. 3D Printing and Manufacturing. by Alexa Cheater Meet the Jetsons!

Sustainability, Consumption and Realistic Expectations

QAD

Source: The Globe and Mail. Sustainable Manufacturing. metric tons per capita. Nepal created the least at.007 metric tons per capita, but Nepal has little manufacturing, and much of that is agrarian. . metric tons. metric tons per capita. As manufacturers, we must strive to reduce our impact on CO 2 , on landfills and on water in every corner of the world. Food, water and warmth are primary human needs, followed by safety and security.

The Importance of Transparency in Supply Chains

Enterra Insights

Consumers, activists, and investors increasingly want to know the products they buy are sourced sustainably and ethically. Transparency, on the other hand, involves moral and ethical dimensions of activities associated with sourcing and manufacturing. sources of raw materials. performance-based metrics. Rootstock analysts explain, “Manufacturing supply chains need transparency throughout the process to avoid bad press outcomes from failures in the chain.”

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Welcome Puff, The Magic Dragon, to Your Team

Supply Chain Shaman

I think one of the huge problems is that US-centric food companies (Kellogg, General Mills, Smucker’s, Conagra etc.) are working on a“if all you have is a hammer, all you see is nails” problem – they have been making boxed, canned and otherwise shelf-stable packaged food for well over a century but now consumers and retailers are looking for fresh foods and they don’t know how to adapt. In 2015, I worked with a manufacturer of men’s underwear. (My

Data 177

Sustainability, Consumption and Realistic Expectations

QAD

Source: The Globe and Mail. Sustainable Manufacturing. metric tons per capita. Nepal created the least at.007 metric tons per capita, but Nepal has little manufacturing, and much of that is agrarian. . metric tons. metric tons per capita. As manufacturers, we must strive to reduce our impact on CO 2 , on landfills and on water in every corner of the world. Food, water and warmth are primary human needs, followed by safety and security.

Why Inventory Revaluation Is Your Next Important Task

Unleashed

To help you understand the importance of tracking this metric we’ll illustrate several ways the value of your stock can change. A key metric in inventory revaluation is Net Realisable Value. Net realisable value (NRV) is the expected selling price of inventory goods after taking into account selling costs and manufacturing costs. Imagine you are a toothpaste maker, sourcing raw materials from overseas. Food and beverage businesses are especially at risk.

The End of a Fairy Tale. Part 2.

Supply Chain Shaman

Year after year, well intentioned people toiled against improving metrics that reduced, not improved, the effectiveness of the supply chain. The example that I give in the first post is the focus of manufacturing strategies to drive strong results to improve Return on Assets (ROA) that have actually caused a deterioration in operating margin. Ten-year averages – food manufacturing companies. Metrics comparison of Kellogg Co.