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Open Sky Group, a global leader in supply chain execution solutions, has announced a strategic partnership with Easy Metrics , a premier provider of labor management and warehouse performance management solutions.
Protecting sensitive data—such as vehicle locations, driver information, and operational metrics—requires rigorous cybersecurity measures. Globally, fleets will increasingly rely on AI-driven scenario planning to anticipate disruptions and develop response strategies. The post Fleet Management 2.0:
In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supply chain excellence. In my post Mea Culpa, I reference my work with the Gartner Supply Chain Hierarchy of Metrics. Error is error, but is it the most important metric? My answer is no.
A lack of standardized ESG metrics across industries and regions makes it challenging to consistently evaluate and compare supplier performance. Finally, companies are focusing on linking ESG outcomes such as emissions reductions, labor practice improvements, or waste minimization to measurable operational and business metrics.
According to research by Ernst & Young LLP, the global consulting firm, as the Covid crisis recedes, supply chain executives are losing the strategic gains they made with their C-suite counterparts. Ideally, supply chain metrics would also reflect customer satisfaction, revenue growth, and market share.
In today’s interconnected global economy, sustainability within supply chains and logistics has become a necessity rather than an option. Regulatory demands, rising consumer expectations, and global challenges such as climate change and social inequality have made sustainable practices a strategic priority.
As industries evolve and global markets expand, ethical considerations have become central to supply chain compliance. Public Reporting: Publishing sustainability reports and ethical compliance metrics to highlight progress and areas of improvement.
The global freight sector faces growing pressure to balance cost-efficiency with environmental responsibility. With freight transport accounting for a significant share of global emissions, efforts to improve logistics now extend beyond operational metrics to include resilience, regulatory compliance, and climate performance.
April 23, 2025 Blog Today, we’re excited to announce the launch of Freightos Enterprise our comprehensive solution designed specifically for large enterprises that import and export, who need to bring control, visibility, and efficiency to their global logistics operations. Ready to Transform Your Freight Operations?
The DOE is still issuing large federal loans to startup companies, Novonix a synthetic graphite startup just received a $755 million loan to support its mission and reach its goal of producing 31,500 metric tonnes of synthetic graphite.
Not much has changed in the methodology, but a lot has changed in the market–consolidation, technology advancements, and the growth of the global multinational. For 80% of industries, the supply chain metrics represent more than 40% impact on value. Today, companies measure too many metrics without a clear definition of value.
Functional Metrics and the Lack of Alignment to Strategy. Few companies are clear on the number of supply chains they operate, design the rhythms and cycles of each, and align metrics to the strategy. The time to adjust to market shifts is much longer in the global multi-national.) The industry is not clear on desired outcomes.
Solvoyo has a metric they call the user acceptance rate. This metric measures the percentage of time the planners accept replenishment, transportation, or inventory plans as they are without any change in the timing of the delivery or the quantity to be delivered.
The logistics and supply chain industry is a critical component of global trade, responsible for moving goods and materials efficiently to meet consumer and business demands. Road freight alone accounts for approximately 7% of global CO2 emissions, with maritime and air transport further amplifying the environmental burden.
The Global Pressure Index published monthly is rising, but we are still operating in a period of low variability. Federal Reserve Bank of New York, Global Supply Chain Pressure Index, [link] What can you do? I work with a company that had 210 planners in 2005 and now has 1475 global planners. Decline in consumer confidence.
But todays global environment is more unstable than it was a decade ago. More recently, fluctuating trade policies have emerged as a persistent challenge, especially for firms with global footprints. Metrics must reflect the new priorities. For years, supply chains were engineered to be lean.
April 23, 2025 Blog Today, we’re excited to announce the launch of Freightos Enterprise our comprehensive solution designed specifically for large enterprises that import and export, who need to bring control, visibility, and efficiency to their global logistics operations. Ready to Transform Your Freight Operations?
The global supply chain industry has by default, a large environmental impact, through its carbon footprint. As part of the CMA CGM Group, CEVA Logistics has a global reach, which means that we can make a global difference. We pledge to adopt better ways of doing business with the aim of becoming an industry standard.
At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. For the purpose of this article, I will use Return on Invested Capital (ROIC) as the proxy metric to discuss asset utilization.) I never calculated and accounted for the inter-dependencies between metrics.
This integration includes tracking individual components and collecting data on environmental impact, including sustainability metrics such as carbon footprint and recyclability. Tracking key performance metrics and conducting regular audits help identify areas for improvement and ensure ongoing compliance with regulatory requirements.
Using balance sheet data from 2011 to 2019, we chart companies’ progress by peer group on rate of improvement and performance in the metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC). Each division with global oversight drives the decision process.
A disruption at any point in the global logistics network including the average of 12 touch points from shipment packaging to final delivery can prove disastrous for profits, service levels, customer loyalty, and other key metrics. With the global e-commerce market predicted to reach $8.1
We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. Reward teams for cross-functional metrics. Customer-Centric Supply Chain.
Many global multinationals accelerated their investments in digitizing data during the pandemic. Not all the transactional data, just the data required to calculate a metric or make a decision. Mr. Masson recently wrote the report “ Industrial-grade AI: Transforming Data into Insights and Outcomes.”
The Covid-19 pandemic tested the global supply chain. Check out some of the work that Blume Global is doing in this area.). Watermelon Metrics Don’t Drive The Right Results. I love the metaphor of watermelon metrics. What are functional metrics? See You At the Supply Chain Insights Global Summit?
Ivalua, a global leader in spend management , today announced that following anonymous votes from employees across all its departments and international office locations, the company has been ranked by Comparably among the top 100 companies with the best culture, as well as a best company for women and for diversity. Global Media Contact.
A shift from functional metrics to a balanced scorecard. I like the use of growth, margin, inventory turns, Return on Invested Capital, customer service and ESG metrics. The focus on functional metrics sub-optimizes balance sheet results. Funny, isn’t it? Political sandbagging. A Focus on Error in Demand Planning.
The global supply chain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. In March 2023, the Global Supply Chain Pressure Index fell to the lowest level since November 2008. However, variability and global unrest is rising. Unrest in Sudan.
What is the Perfect Delivery Metric? Improving on this metric will always involve a focus on people and processes, but often also includes implementing new, more robust, supply chain applications. The wrong metrics drive suboptimal behaviors and metrics can often be manipulated. You can watch the full video below.
The third story is a very profitable global brand with regional supply chain structures. Ending 2019 with a deduction bill for poor customer service to retailers in the United States of 10 million, the global team asked me to help the team improve customer service. Help Me Improve Customer Service. All the best in your journey.
Functional Metrics. With the implementation of transactional systems, the focus was on measuring and controlling functional metrics like the lowest manufacturing cost or purchase price variance in procurement. The focus on lower costs shifted supply into global trade lanes as demand and supply variability increased.
Financial crises, global tensions, supply shortages, technological innovations, and regulatory changes are inevitable we just cant predict when theyll strike. Stockouts and overstocks carry serious consequences : the global retail industry loses an estimated $1.75 Disruptions in the supply chain happen with surprising regularity.
Microsoft Datacenters comprise a globally distributed infrastructure designed to power the Microsoft Cloud. Mr. De Golia said they used the internationally approved Global Logistics Emission standard. A clear goal needs to be combined with good data and metrics. But how could we know their emissions?”
We are more than six months into the COVID 19 global pandemic. However, Covid as a global crisis has been also called the great enabler: we are discovering many things that we did not know about ourselves. Identify metrics, analytics and projects to drive business improvements. These are a few points worth mentioning.
How do we design work systems to align organizations and ensure that there is the right balance of reward systems with metrics? Is there a need to redesign metrics to move from a functional and traditional function to drive goal alignment? In the design of the digital program, spend time on metrics and reward systems.
Oracle’s recent global survey, No Planet B: How Can Businesses and Technology Help Save the World? These include: Challenges getting ESG metrics from suppliers, partners, and other third parties. These include: Challenges getting ESG metrics from suppliers, partners, and other third parties. Start with your supply chain.
The use of orbit charts allowed me to see the patterns of performance at the intersection of metrics over time. This data source synchronizes corporate reporting across global markets while tracking restatements, name changes, and currency shifts.) By charting the performance against peer groups, I could see the story.
At the Supply Chain Global Summit 2018 , Francois discussed the impact of digitalization, Industry 4.0, The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve.
How aligned do you believe your organization is to drive these metrics? This research, completed in 2006, was during the transformation of multi-national to global supply chains. In assessing the health of the plan, what do you measure? Is your plan feasible? Did past plans prove valuable?) Were they used?
They offer a cloud-based platform that connects their customers with more than seven million suppliers globally. The Rule of 40 was popularized by venture capitalists in recent years as a key performance metric for SaaS firms. The metric captures the trade-off between short-term viability and the investment in growth.
Price Index Elasticity for Pricing and Promotion Planning: As we are going through global price inflation and facing a recession, consumers and businesses are becoming more conscious of their spending and looking to minimize costs when shopping for goods and services. These metrics can also be used in inventory planning decisions.
Building the Effective Global Supply Chain. We speak about the need to move from a functional understanding to a global, holistic capabilities, but the traditional supply chain leader defines bonus incentives and process performance goals based on functional metrics.
In a survey of 150 global manufacturing executives, 47% committed to improving supply chain visibility and tracking. According to the Global Supply Chain Disruption and Future Strategies Survey Report, this goal was the top-ranked planned tool investment.
One of my stark realizations this year is that smaller companies are beating larger and often more established companies on growth metrics, inventory turns, operating margin, and Return on Invested Capital (ROIC). (In The metrics selection resulted from work with Arizona State University in 2013.) Look for the full report next week.).
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