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?

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.

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:

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.

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

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.

Food 300

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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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.

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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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.

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 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.

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.

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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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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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.

Food 52

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.

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

Material Handling & 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.

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

Material Handling & 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.

Iowa 95

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).

DC 40

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.

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.

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.

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. 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.

IBM Will Marry Its New Verifier to the Blockchain, Transforming Diamonds, Olive Oil and Insurance

Supply Chain Brain

High-Tech/Electronics Food & Beverage Quality & Metrics All Logistics Global Logistics Transportation & DistributionCalled a crypto anchor verifier, the technology, which is part artificial-intelligence software, part insanely sophisticated, internally developed lens, can see the cells of animals and distinguish between them.

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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Jeff Bezos v the World: Why All Companies Fear 'Death by Amazon'

Supply Chain Brain

Business Strategy Alignment Global Supply Chain Management Quality & Metrics SC Analysis & Consulting Supply Chain Security & Risk Mgmt. Apparel Consumer Packaged Goods E-Commerce/Omni-Channel Food & Beverage High-Tech/ElectronicsAt $19.99 a pop, the laptop stand combines everything customers love about Amazon: utility, price and convenience.

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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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

At the moment, most factories using the training tool are in China and Bangladesh, although QuizRR is also pursuing contracts in Mauritius and Thailand, the latter in collaboration with 10 Nordic food brands. Regulation and Compliance Quality & Metrics All Technology Supply Chain Visibility Sourcing/Procurement/SRMJust about every major manufacturer has a supplier code of conduct to ensure that workers are treated humanely.

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

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. Just like the report does as well… Biobased Products Corporate Social Responsibility Emerging Issues in Supply Chain Energy Supply Chain Food Supply Chains Procurement Sustainability Supply Chain Economics Supply Chain Management Sustainability

Iowa 46

3 companies tell you their success with Quintiq

Quintiq

What do DHL eCommerce, PKN ORLEN and World Food Programme have in common? World Food Programme. World Food Programme (WFP) moves about 3.2 million metric tons of food every year and distributes about $880 million in cash assistance.

[PODCAST] Why Shippers Looking for Capacity & High Service Levels Need the Right Carrier Mix & Logistics Fundamentals Focus

Cerasis

On today’s episode we welcome Andrew Lynch, Co-Founder & President of Zipline Logistics, an award-winning logistics service provider that specializes exclusively in the transportation of retail consumer goods and food and beverage products. Capacity & Carrier Metrics Resources to Download. Transportation Metrics that Matter the Most for Shippers to Track to Improve Performance. Hello and welcome back to another episode of “The Freight Project Podcast!”

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

Mush

Supply Chain Shaman

It is a tasteless, innocuous food with little form or satisfaction. As a result, the metrics have to be viewed together as a pattern over time. In the journey, the supply chain leader needs to improve the potential of a portfolio of metrics.