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. We are only covering Supplier Accountability OTIF metrics. In-Full metrics measure the number of cases ordered against the number of cases delivered.

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 hired a research assistant to look at balance sheets and looked at performance and really tried to figure out which metrics mattered. We interviewed supply chain leaders and in the middle of that I decided that I would write this book, Supply Chain Metrics that Matter.

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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

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.

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. Traceability for food & beverage manufacturers isn’t optional anymore.

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. Tesco Plc ranked the highest in the first-ever study of supply-chain policies from humanitarian group Oxfam America released on June 20, leading in transparency and worker-treatment metrics.

Food 101

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. Why instead are Quintiq employees donating their precious time to the World Food Programme? Here’s what you expect a CEO to say upon the announcement of a corporate social responsibility initiative.

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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. To help you find your food logistics services expert, we’ve identified 5 key questions to ask your prospective partners. 5 questions to ask your food logistics services provider. Custom reporting of the metrics important to your business. Food Logistics Outsourcing 3PL

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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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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. The critical metrics managed with YMS for improved resource planning include: Inbound and outbound dock door scheduling. The post Logistics Metrics You Didn’t Know You Should Be Watching appeared first on UltraShipTMS.

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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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. Food and beverage, automotive or medical device recalls can be astronomically expensive. Choosing Metrics. Edwards Deming stated the most important aspect of quality as a metric: “ Quality starts in the boardroom.”

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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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. The early results from the ASU study will be featured in the book Metrics that Matter and it will be the core of the upcoming Supply Chain Global Summit on September 10-11, 2014 in Scottsdale AZ at the Phoenician. (We How do you balance metrics ? .

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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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. Here are some best practice guidelines for the food and beverage industry to consider when addressing its own unique challenges.

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. When we correlate these three metrics to market capitalization, ROIC correlates in 85% of the industries, and RONA and ROA in 25% of industries. The more work that I do on metrics, the more I become a fan of ROIC. 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. The winners drove long-term value (measured by market capitalization) while outperforming on the portfolio of metrics shown in Figure 1 and driving improvement faster than their peer groups. I watch the news channels on mute. The reason?

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. We term these the Supply Chain Metrics That Matter because they have a higher correlation to market capitalization.). C2C is a compound metric of receivables plus inventory minus payables.

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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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. Regardless of how much (or how little) they may have prepared, one thing is certain: TMS solutions are playing a central role in ensuring food shippers are ready to meet (and even exceed) the requirements of the new law.

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Most Popular US Food Trends

Zipline Logistics

COVID-19 has shuffled domestic food and beverage consumption trends, accelerating some and disrupting others. Click Here to See How US Food Trends Have Changed. What Shaped US Food Trends. For more information and a look at how US food trends changed over time, click here.

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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! Food Waste. Over 1/3 of all the food that is produced in the world is wasted! Billion tonnes of food every year. Food Waste Meets World Hunger. Subscribe Here!

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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 . There are a few things that most food ingredient suppliers can do to increase supply chain performance. Enhance Supply Chain Visibility for Food Ingredient Shippers .

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. For example, businesses that sell perishable or fast-moving products such as food will have a lower number than those who sell non-perishable or slow-moving products such as cars or furniture. How’s Your Business Doing?

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 43

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. Leaders need to balance a portfolio of metrics. Year-over-year Improvement at the Intersections of the Metrics. It is a study of performance patterns at the intersection of the metrics.

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. The concept of the Effective Frontier is that best in class companies align functional metrics to balance growth, cost, inventory and Return on Invested Capital (ROIC) performance while balancing customer service metrics. Ironically, most companies are very entrapped in measuring and rewarding functional metrics which degrades overall improvement. Cash-to-cash is a compound metric.

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. See how different the progress is on this metric by industry? The retail sector formula has far different metrics than the chemical industry. That’s the chemical industry, medical devices and packaged food.

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. Food and beverage manufacturers need to find new ways to scale auditing if they’re going to keep growing and attracting new customers. Quality Audits Need To Become Routine For Food & Beverage Manufacturers.

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.

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.

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.

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. The logo to the left showcases the evolution of the brand over time.) The Company’s goal is to defeat diabetes and drive better patient outcomes.