Walmart OTIF Metrics

SupplyPike

We’ve discussed the basics of OTIF and the fundamentals of OTIF before, but we thought we’d drill down deeper into the individual metrics. First, we’ll start by reviewing the basic goals of OTIF, and then we’ll dive into each metric and the compliance issues of each metric.

Lora Cecere on Supply Chain Metrics that Matter

AIMMS

Interview with Lora Cecere, Founder and CEO of Supply Chain Insights and Author of Supply Chain Metrics that Matter ( published December 2014 ). Metrics that Matter became a three year research project. I realized that many organizations are very confused about metrics.

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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. Review of SQM Metrics and Issues Across 5 Core Industries. #1:

Traceability In Food & Beverage Manufacturing is The Cornerstone of Quality

IQMS

Compliance and quality are the foundations all great food & beverage manufacturers rely on to create and strengthen trust with their distribution networks and customers. Traceability Is Key To Excelling At Compliance And Quality for Food & Beverage Manufacturing Companies.

Supplier Quality Management: What it is, 5 Key Metrics to Know & a 4 Step Supplier Evaluation Process

Cerasis

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 ). The definition of this metric is similar to the way it sounds. Quality affects many different parts of the business, so it is critical to establish a comprehensive metric that provides visibility into the most important areas of operations.

Walmart Bests Whole Foods in Study of Food Supply's Human Toll

Material Handling and Logistics

Oxfam America examined the treatment of the women, farmers and food-sector workers and many big grocers fared poorly. and Whole Foods Market Inc. fared poorly in ratings looking at the treatment of the women, farmers and food-sector workers who supply supermarket shelves in the U.S.

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Why Quintiq employees are donating their time to the World Food Programme

DELMIA Quintiq

As CEO of Quintiq, it’s a great honor to partner with the World Food Programme (WFP). It’s about bringing food—the most basic of needs—to those who need it most. million metric tons of WFP food assistance every year.

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What to Look for in a Food Logistics Services Warehouse

Kanban Logistics

If you’re looking for a warehousing provider to store your food products, you’re looking for more than storage space – you’re looking for an expert that will protect the integrity of your products. 5 questions to ask your food logistics services provider. Food Logistics Outsourcing 3P

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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. Balance: The ability to balance a portfolio of metrics to maximize market capitalization and free cash flow. Here I share his insights: Philippe, which supply chain metrics do you think matter?

Logistics Metrics You Didn’t Know You Should Be Watching

Supply Chain Collaborator

Its absence is felt when easily avoidable yard-based delays lead to down time for manufacturing operations, product spoilage for food shippers and inventory shortages for retailers as a few examples.

No Trash Talk Allowed

Supply Chain Shaman

While all leaders can agree that they want more assets and less trash, there is confusion about the best metric. ROIC: Colgate and other consumer products companies swear by the Return on Invested Capital (ROIC) metric. Definition of Asset.

Announcing the Supply Chains to Admire for 2019

Supply Chain Shaman

Smaller, more agile companies outperform the larger and well-known brands in the retail, beverages, food, and pharmaceutical industry sectors. We selected these metrics based on correlation work with Arizona State University in 2012. I watch the news channels on mute. The reason?

Metrics that Matter: Quality Management

QAD

Using Metrics to Measure Quality. Training is a key component of most compliance frameworks, so in a highly regulated industry such as automotive or life sciences, these metrics can help ensure compliance with requirements. Choosing Metrics.

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.

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Measuring Up?

Supply Chain Shaman

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.

Why TMS Solutions Becoming “Must Have” for Food Shippers

Supply Chain Collaborator

“High freight, fuel and labor costs are forcing food distributors to streamline their businesses,” begins the recent article in the Wall Street Journal. The piece revealed a rise in operating expenses of 6% at world’s largest food distributor, Sysco Foods and a boost of 2% at US Foods. — Food Shippers Lag in Terms of Automation Levels in their Supply Chains. With margins already tight, food shippers cannot sustain losses due to avoidable spoilage.

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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.

Q: Food vs Fuel? A: Wrong question…We need more efficient markets!

Supply Chain View from the Field

I have been working with Jay Golden at Duke University on the biobased forecasting project for the USDA, seeking to understand the current scope of the biobased product market ( focused on non-fuel, non-food products). He has been working in the industry for over 25 years, and we had an opportunity to share thoughts on the “food vs. fuel” debate. There is hunger in the market, but it is not caused by a shortage of food.

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Introducing a Cryptocurrency for the Food Supply Chain

Supply Chain Brain

This time, it’s designed for the food supply chain, with an emphasis on achieving transparency and security between partners. That can prove to be a valuable tool in the food supply chain, where product quality and a full record of provenance are essential. The company is already implementing pilot projects for food supply chains in China, with an eye toward verifying the provenance, authenticity and movement of products in that region.

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TMS Minimizes Food Shippers’ Day of Reckoning with FSMA

Supply Chain Collaborator

The deadline looms for food shippers. April 6 th is the day the Food Safety Modernization Act (FSMA) goes into full effect and food shippers everywhere are working to ensure compliance.

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Why Financial Reengineering Does Not Equal Supply Chain Improvement

Supply Chain Shaman

Snow fell last night as I worked on my last Supply Chain Metrics That Matter report. Ironically, most companies are very entrapped in measuring and rewarding functional metrics which degrades overall improvement. Cash-to-cash is a compound metric.

Don’t Perpetuate the Hoax of the Gartner Top 25

Supply Chain Shaman

As a result, when the spreadsheet is sorted, a chemical company is stack-ranked against a retail player, and a high-tech company against a food distributor. Supply chain leaders manage a complex system of non-linear, but very inter-connected metrics.

A snapshot of the food industry in 2020: What the data says

Unleashed

How has the food industry managed the tumult of 2020? Why use Unleashed to gain a food industry snapshot? Setting a benchmark: 2019 in the food industry. Total food industry transactions grew 91% YOY. 2019 was a bumper year for the food industry.

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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. How Food Ingredient Shippers Can Make Logistics Improvements .

Food Waste and World Hunger – The Food Supply Chain is Broken! (Videos)

Supply Chain Game Changer

But the single most important Supply Chain is the Food Supply Chain! Our very survival depends on there even being a Food Supply Chain. On one hand there is a horrendously large amount of Food Waste. The Food Supply Chain, the most important Supply Chain in the World, is BROKEN!

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10 Inventory Metrics You Need to Know Right Now

EMERGE App

You can with inventory metrics. Why should you care about inventory metrics ? We think these are the top 10 inventory metrics that you need to know right now. Top Ten Inventory Management Metrics. How’s Your Business Doing?

Why I No Longer Believe in the Gartner Supply Chain Top 25

Supply Chain Shaman

The AMR Top 25 was the first methodology that tried to connect financial metrics with supply chain excellence. It elevated the discussion on supply chain excellence and drove more discipline and rigor in the use of financial metrics.

Food Recalls and WMS: Benefits of Recall Functionality in a Warehouse Execution System

Veridian Solutions

The threat of food-borne illness marred the 2018 Thanksgiving holiday. Two days before the day of thanks, the Centers for Disease Control and Prevention (CDC) issued a food safety alert advising people to avoid all types of romaine lettuce due to an E.

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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. Food and Drug Administration and the U.S.

Food Recalls and WMS: Benefits of Recall Functionality in a Warehouse Execution System

Veridian Solutions

The threat of food-borne illness marred the 2018 Thanksgiving holiday. Two days before the day of thanks, the Centers for Disease Control and Prevention (CDC) issued a food safety alert advising people to avoid all types of romaine lettuce due to an E. Before problems arise, companies must properly select and implement the right systems in order to manage food recalls, including warehouse management system (WMS) and potentially warehouse execution system (WES).

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Novo Nordisk: A Story of a Supply Chain Leader

Supply Chain Shaman

We are not as mature as CPG or Food/Beverage. Supply chain excellence Supply Chain Talent Supply Chains to Admire cold chain healthcare Metrics That Matter Novo NordiskWith more than 90 years of innovation in diabetes care, Novo Nordisk is a global pharmaceutical leader.

New Bookends: The Tale of Supply Chain Global Leaders in Consumer Products

Supply Chain Shaman

Overall Results on the Supply Chain Metrics That Matter. In the last five years, consumer products and food/beverage leaders faced different challenges. Overall, in the industry, there is more forward momentum in consumer products sector than the food/beverage peer groups.

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Quality Audits Are The Future Of Food & Beverage Manufacturing

IQMS

Bottom Line: Food & beverage manufacturing’s future is being defined by the over 60 customer quality audit requests a typical manufacturer receives every year, combined with the need to excel at FDA audits and compliance to stay competitive.

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. This week, I am grounded due to weather.

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Cleanroom Manufacturing Strategies That Pay

IQMS

Manufacturers combining their expertise in a specific area of plastics manufacturing, for example, aerospace, automotive, food & beverage, medical, or surgical products while complying with industry and regulatory requirements are more likely to be in the Premium Price zone.