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3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance

Cerasis

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. Promise time, lead time, cycle time, transit time, delivery time, unloading time, processing time, queue time, quality assurance time, processing time, turnaround time, receiving time, and shipping time to the customer, (and I bet you could think of more "times" to measure!). 10 Soft Metric Considerations in Measuring Supply Chain Performance.

Cliff Morris | The State of Manufacturing

4WL Consulting

C3Nano is a material technology company developing and manufacturing transparent conductive films, the main component in all touch sensors used in phones, tablets, and more. Based in Silicon Valley, they’re fully scaled in California but have operations in China and South Korea, giving Cliff an up-close perspective on offshore manufacturing, supply chain, and more. The top trends impacting manufacturing in the next 3 to 5 years. The Future of Manufacturing.

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Lean Manufacturing: Is it Really Worth It? 16 Big Benefits Say, “Yes.”

Cerasis

Customer expectations of reliable quality and rapid delivery forces today’s manufacturers to either shorten cycle times or lose business. There are multiple good models for lean manufacturing operations. Who Needs Lean Manufacturing? A company in need of lean manufacturing practices tends to be easy to identify, typically displaying multiple of the following symptoms of operational deficiency: Inventory amasses in buffer stocks. Manufacturing lean manufacturing

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Why Collect Shipping Doesn’t Work for CPG Brands

Zipline Logistics

Collect shipping or customer pick-up (CPU) delivery options are an often promising solution for brands working with large, nationwide retailers. . What is Collect Shipping or Customer Pick-Up Pricing?? . Collect Shipping and Loss of Supply Chain Control .

Data and Digitization in Manufacturing

Enterra Insights

Manufacturing has been the lifeblood of the global economy for hundreds of years. Because manufacturers have historically moved factories to regions featuring cheap labor and few regulatory restrictions (sometimes referred to as outsourcing or offshoring), a misconception has arisen about the importance manufacturing to national economies. ”[1] Manufacturing becomes even more relevant to advanced economies thanks to data and digitization.

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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 ? .

How Microsoft & ThroughPut are helping Global Manufacturers increase Output during the COVID-19 Pandemic, and how every Operations Professional can help

ThroughPut

Automotive manufacturers are remobilizing to produce ventilators. While the Tokyo Olympics are being postponed, but heroes of a different calling are assembling together daily to achieve medal-worthy feats in keeping the base-line global supply chain operating. This is what we already enable every day at ThroughPut for our global industrial customers. Our constraint is not our ability to help global manufacturing at scale, but to help global manufacturing in time.

The Magic Bullet for Real-Time Supply Chain Collaboration? Cloud Visibility.

synchrono

Jessica Twentyman reported in the Financial Times , that for many manufacturers, supply chain collaboration is stuck in the dark ages. Worse still, much of the data that could give manufacturers a complete, end-to-end view of their supply chain already resides within the systems of these partners; as much as 80 percent of it, according to some industry estimates. Frustrated manufacturers report having no idea they were down to the last box of parts.

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13 Reasons Why You Need a Global Transportation Management System (TMS)

3rdwave

In today’s turbulent trading environment, strong global transportation management capabilities deliver exceptional benefits and value. From optimizing freight movements and controlling freight costs, to supply chain SKU transparency and optimal inventory management, the value proposition for global transportation management is substantial and significant. Complexity in the global supply chain has increased dramatically since that time.

Supply chain risks in the spotlight: Effects of Hanjin Shipping filing bankruptcy protection

Kinaxis

by Dr. Madhav Durbha Supply chain risks in the spotlight: Effects of Hanjin Shipping filing bankruptcy protection. A few days ago, the world’s seventh largest container shipping company by volume, Hanjin Shipping, filed for bankruptcy protection. A lot of the products being shipped by Hanjin are headed to US and European retailers getting ready for the holiday season (toys, electronics, clothing, furniture, etc).

Global Luxury Management “Lifestyle” brands require push supply chain design customization

Supply Chain View from the Field

More and more global luxury brands such as Gucci, Louis Vuitton, and others are promoting themselves as Lifestyle brands, spanning many products including fragrance, home collections, apparel, paint, wallpaper, foods, and many other products. Such brands may ship small runs of five bags, gowns, or shoes that cost thousands of dollars, whereas typical apparel products are produced in volumes of hundreds of thousands going to low cost retailers.

Global Trends in Digital Supply Chain - 2018 Review

Abivin

Kimberly Knickle, research vice president of IT Priorities and Strategies at IDC Manufacturing Insights, said manufacturers have prioritized cloud adoption initiatives in their supply chains because there is "so much information that needs to be shared with terminal constituents." Cleaner ships, trains, planes and trucks combined with automation and clean technology in cargo handling and warehousing operations are accelerating.

Wanted: Supply Chain Architects!

Supply Chain Shaman

Let me start with a true confession: I am a manufacturing gal. I relished the sound of a manufacturing line when I opened the door of the factory in the morning, and I liked managing inputs so that we could maximize outputs. Manufacturing is the foundation of my interest in supply chain management. In manufacturing, I became good at labor bargaining. This was the beginning of my journey from manufacturing to understanding larger supply chain concepts.

Logistics Management Software – A Complete Handbook for Manufacturers

ThroughPut

From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. The role of logistics management software here is to create a viable solution that can help manufacturers easily manage the flow of things for better accuracy, to ensure that the right product reaches the right person at the right place and time. What is Logistics Management Software?

Logistics Management Software – A Complete Handbook for Manufacturers

ThroughPut

From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. The role of logistics management software here is to create a viable solution that can help manufacturers easily manage the flow of things for better accuracy, to ensure that the right product reaches the right person at the right place and time. What is Logistics Management Software?

Logistics Management Software – A Complete Handbook for Manufacturers

ThroughPut

From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. The role of logistics management software here is to create a viable solution that can help manufacturers easily manage the flow of things for better accuracy, to ensure that the right product reaches the right person at the right place and time. What is Logistics Management Software?

13 Reasons Why You Need a Global Transportation Management System (TMS)

3rdwave

In today’s turbulent trading environment, strong global transportation management capabilities deliver exceptional benefits and value. From optimizing freight movements and controlling freight costs, to supply chain SKU transparency and optimal inventory management, the value proposition for global transportation management is substantial and significant. Complexity in the global supply chain has increased dramatically since that time.

The Challenges of Global S&OP

Logility

Cost reduction, expansion in to new geographies and visibility across the company are common goals I hear many global companies discuss. Let’s discuss some of the challenges companies face as they roll out a global S&OP process and take a look at how one company is successfully navigating through the process. One of the key challenges to a successful global S&OP process is the language barrier. The following is an excerpt from European Business Review.

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Quality Improvement in Manufacturing: Relief for Operations Manager

ThroughPut

Most importantly for ThroughPut, manufacturing and logistics operations in the industrial world are about to pick back up until Christmas. Nothing was really in our control, and we had to make it work with existing teams & existing resources in our existing situations (during invasions, offshore on a ship, knee-deep in Oklahoma mud & the usual). The only real metric that ticks for an Entrepreneur is burn rate. Fall has begun.

Global Process Excellence: A Journey From Disarray To Best In Class!

Supply Chain Game Changer

Check out Global Process Excellence: Defining the Roadmap to Achieve Best In Class Results. My first Management job was on the Manufacturing floor on 3rd shift. It was company policy … anyone’s first Management job was in Manufacturing. The principle was sound: to really understand how the business operated you needed to be at the very core of what it did, which in this case was Manufacturing. The Global Process Excellence journey had begun!

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The Global Supply Chain is Evolving – Are you ready?

MAVES

The global supply chain is evolving every day, adding complexity to the roles of shippers and their third-party logistics providers (3PLs). Companies that manufacture and distribute goods are relying more and more on the agility of their 3PL partners to provide the appropriate services to keep their supply chain efficient and their customers happy. The world is globalizing rapidly and this change will not be slowed down, changed or reversed. Advanced Analytics / Metrics.

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Food Trends That Could Have an Impact in 2021

Zipline Logistics

Since much of the previous year in business and elsewhere was defined by a global pandemic, we are left asking what will 2021 look like for food and beverage shippers. ” To achieve a greater sense of product transparency for customers, some manufacturers have looked to digital means.

Supply Chain Goals: Gracefully Overcoming the Hurdles of Global Sports Events

BluJay Solutions

All these goods have to be transported on time from their supplier or manufacturing location — often at the other end of the world — to the stadium or the athletes’ lodgings. million shipped items and 60 metric tons of air freight.*. Large global events like the World Cup underscore the requirements involved in the daily work of logistics and supply chain. Companies are confronted with an ever-more challenging, multifaceted environment, and a global economy.

Manufacturing and Cyber Security: A 5 Step Process to Create Internal and Customers’ Peace of Mind

Cerasis

Editor's Note: As we see the transition to digital manufacturing and the use of the cloud and other web-based systems, manufacturing and cyber security continue to collide. Cyber security is rapidly becoming a dominant concern for manufacturers and consumers. According to Andy Szal , the global cyber security market will grow between 20 and 25 percent annually through 2021. When Did Manufacturing and Cyber Security Come Into Focus?

Control Towers: If Only There Was A Clear Definition

Supply Chain Shaman

Contract manufacturing or 3PL data often will have a 24-hour latency due to batch integration. When they built the project, they did not realize that they did not have access to daily data daily for their third-party warehouses and contract manufacturing locations. I was at a customer last week that shipped to distributors and did not know the site of customer facilities. The focus is on functional metrics, but are unable to get to overall supply chain metrics.

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Reduce Lead Time in Your Global Supply Chain with Lean Thinking

Material Handling & Logistics

But it only takes a ship two weeks to travel from China to Australia [where I live], so what is happening for the other 10 weeks?” The time to ship the goods from your supplier on the other side of the world to you is usually only a fraction of the total lead time. For example, to ship goods from China to the U.S. Delays in arranging shipping. The future state map will also define improvement metrics and set clear improvement targets for those metrics.

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How Microsoft & ThroughPut are helping Global Manufacturers increase Output during the COVID-19 Pandemic, and how every Operations Professional can help

ThroughPut

Automotive manufacturers are remobilizing to produce ventilators. While the Tokyo Olympics are being postponed, but heroes of a different calling are assembling together daily to achieve medal-worthy feats in keeping the base-line global supply chain operating. This is what we already enable every day at ThroughPut for our global industrial customers. Our constraint is not our ability to help global manufacturing at scale, but to help global manufacturing in time.

Six Ways Warehouse Inventory Management Software Optimizes Efficiency

IQMS

between 2017 and 2025 with the global market reaching $4.6B Warehouse Inventory Management Software is seeing increased adoption as manufacturers expand globally through mergers, acquisitions, and regionally-focused manufacturing strategies. Improving inventory management accuracy and visibility requires a focused approach to capturing the most valuable metrics of performance and then tracking their performance over time.

How Machine Learning Is Redefining Supply Chain Management

IQMS

Each of the endpoints defined in the taxonomy below is derived entirely by algorithm-based logic, which ensures algorithms scale across a global enterprise. The machine learning algorithms in IBM’s Watson platform were able to determine if a shipping container and.or The manufacturing industry leads all others in the volume of data it produces on a yearly basis. The post How Machine Learning Is Redefining Supply Chain Management appeared first on IQMS Manufacturing Blog.

The Story Continues…. Let’s Don’t Sugar Coat the Real Issue

Supply Chain Shaman

As a country, I think that we need to rethink supply chain flows for chassis, drayage and the unloading of larger ships. I don’t think that the ports are up to the challenge of moving the high-levels of freight with larger ships without rethinking unloading space, equipment and flows. It takes 2 to 3 days to unload a ship. Today, the number of chassis required for a ship is between 2,000 and 5,000. The ships are getting larger.

Actionable Insights: Revenue by Entity

QAD

QAD Action Centers provide analytics to help both managers and users monitor metrics and KPIs. Which KPIs and metrics are most important to your organization? In our previous Actionable Insights blog , we discussed the Operations Production Andon Board Action Center.

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.

Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

In its simplest form, fourth-party logistics is a model in which manufacturers hand over the entirety of the organisation and oversight of their supply chain to a 4PL provider. the digitisation of manufacturing.

SanDisk’s Story of Customer Segmentation Strategies Using Inventory Postponement

Supply Chain Shaman

I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In SanDisk Corporation designs, develops and manufactures flash memory storage devices and software. The company is the third-largest manufacturer of flash memory in the world. Founded in 1988 in Milpitas, California, SanDisk is publicly traded on NASDAQ with 8,600 employees globally, and market capitalization in 2015 over $13B.

Redesign to Improve Value: A Case Study of a Supply Chain Leader

Supply Chain Shaman

One of my favorite interviews on this topic, that I recently completed for my upcoming book Metrics That Matter , was with Amway’s Chief Supply Chain Officer George Calvert. In prestige beauty and nutritional supplements, the cost to ship the product is minuscule. We produce there because the regulations say that you need to manufacture there to sell there. Service level is our most important metric. Reliability in both of these metrics is critical.