Top 10 Metrics to Track and Manage Risk in the Supply Chain – Part 1

Cerasis

Under the current COVID-19 global pandemic, managing risk in the supply chain has taken on a renewed importance. Procurement teams continue to struggle with finding available suppliers and shipping capacity to enable supply chain responsiveness. According to the Harvard Business Review, “vital information is often not available or accessible across their global teams.

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.

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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 .

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 ? .

How to Optimize Global Demand Fulfillment

3rdwave

Global transportation is the nexus through which all related international transportation information flows. Capturing, aggregating, and analyzing all the global supply chain transportation and product/SKU level detail is foundational to having end-to-end supply chain visibility. This highlights the need for having visibility of a product/SKU throughout the global transportation life-cycle. visibility to performance metrics. What should a global TMS provide?

Why Samsung Might Turn to Blockchain for Its Global Supply Chain

Supply Chain Brain

In total, the company’s logistics division, Samsung SDS, will take on 1 million shipping units and 488,000 tons of air cargo. Business Strategy Alignment Global Supply Chain Management Global Trade & Economics Quality & Metrics Supply Chain Security & Risk Mgmt. SC Analysis & Consulting High-Tech/Electronics All Logistics Transportation & Distribution Global Logistics

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Wanted: Supply Chain Architects!

Supply Chain Shaman

The flows are typically linear and the analysis is on alternate modes and best shipping lanes. While executive leadership teams will often use these terms interchangeably, seeing the impact on a geographical map for a global network stimulates a different level of dialogue. I then pack my bags and scoot out the door to sign books and discuss the research completed for the S upply Chain Metrics That Matter book at the ISM event on Thursday, May 14th in Atlanta.

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

reduced costs, shorter lead times and better product quality associated with the implementation of ISO 14000 standards, which provide a framework for environmental management issues) Source As the public becomes more aware of environmental issues and global warming in 2018, consumers are asking more questions about the products they are purchasing. In the past, by using more natural gas for its ground fleet, UPS decreased CO2 emissions by 100,000 metric tons in 2016.

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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Connect Big Data with Predictive Analytics for Increased Visibility and Control Over Global Supply Chains

Supply Chain Network

percent per year, over 90% of the world’s trade is carried by sea for a total of 23 million tonnes of cargo traveling by ship every day. Global supply chains are one of the longest and most complex of business process systems due to the many moving parts, multiple transfer points, diverse company types/players involved and the sheer length of these supply chains. Spire Global has worked with Odyn.ai

Control Towers: If Only There Was A Clear Definition

Supply Chain Shaman

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. Global Supply Chains Inventory Management Market-Driven analytics control tower performance measurement Supply chain excellence visibilityWe finished dinner. I pressed my neatly folded napkin to my lips. As we waited for coffee, silence hung heavy in the air.

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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. I wanted to spend time doing an in depth tour of the entire facility, literally walking through every operation, meeting the people and understanding each process, the metrics, the organization, the products and the customers. This was the start of what we soon named “Global Process Excellence” Critical Observations. 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). Their concerns include: infrastructure, economic stability, freight and supply chain transparency, tax regulations, security, and cross border shipping details. The following is a list of the most influential new requirements driving the modern supply chain to adopt change: Globalization of Business. Advanced Analytics / Metrics.

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5 Strategies for Successfully Outsourcing Shipping Logistics

CH Robinson Transportfolio

Be prepared to discuss your desired metrics and future expansion plans. In a more global world, success requires both cost reduction and value creation. The post 5 Strategies for Successfully Outsourcing Shipping Logistics appeared first on Transportfolio. Often in my work in the C.H. Robinson Green Bay office, customers will ask us how they can improve the odds that their logistics outsource will be a success.

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

BluJay Solutions

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. With an end-to-end supply chain platform and Global Trade Network, organizations get competitive advantage to deliver on their goals and win more customers.

Global Process Excellence: Defining the Roadmap to Achieve Best In Class Results

Supply Chain Game Changer

Check out Global Process Excellence (Part 1) … A Journey From Disarray To Best In Class! “ Global Process Excellence ” was to be the platform on which we would propel the company’s Operations upward toward Best In Class status. Now we needed to formulate our Roadmap: the Approach, the Mandate, a set of Ground rules, and a process of Governance to bring together everything that would now be called Global Process Excellence. Subscribe Here!

Upcoming Changes to Walmart On Time in Full (OTIF) Program: What You Need to Know

CH Robinson Transportfolio

Suppliers will be held to the current compliance metrics through September 14, 2020, and new metrics and financial penalties for non-compliance begin on September 15, 2020. As both a provider and supplier into large, global retailers, C.H.

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

ThroughPut

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. Walmart and FedEx can keep shipping, as long as we can keep producing.

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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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.

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

synchrono

The result is expensive; using faster shipping methods to get the part back on the shop floor. Multi-National Enterprises can connect to global data sources – including Supplier networks and Contract Manufacturers – to assess individual plant performance and collectively view and track logistics flow throughout their enterprise. Jessica Twentyman reported in the Financial Times , that for many manufacturers, supply chain collaboration is stuck in the dark ages.

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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 Founded in 1988 in Milpitas, California, SanDisk is publicly traded on NASDAQ with 8,600 employees globally, and market capitalization in 2015 over $13B. The supply chain is vertically integrated and global shipping almost 2 million units daily. The Supply Chain Insights Global Summit is different for many reasons.

The Better Goal: More Fuel Efficient Trucks or Using Fewer Trucks?

Talking Logistics

According to the press release : The proposed standards are expected to lower CO2 emissions by approximately 1 billion metric tons, cut fuel costs by about $170 billion, and reduce oil consumption by up to 1.8 Back in 2012, for example, Walmart highlighted in its 2012 Global Responsibility Report how it improved the efficiency of its private fleet by almost 69 percent in 2011 compared to its 2005 baseline. Why aren’t more shippers engaged in collaborative shipping?

Drivers of Modern-Day Warehouse Management System Adoption

Veridian Solutions

Automation in warehouses, distribution centers, and logistics networks is essential as companies have moved away from regional networks and toward globalization. Seasonal and sudden changes in product demand and variety mean warehouses must continuously reslot items to reduce pick times and ship products faster. eCommerce Metrics and KPIs OmniChannel Retail Supply Chain Warehouse ManagementDemand for more warehouses is evident throughout the industry.

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. Service level is our most important metric. Reliability in both of these metrics is critical. This week, I will speak at Llamasoft’s conference on improving supply chain network design.

Fast Shipping Will Put Us on Fast Track to Environmental Responsibility

Multichannel Merchant

According to a Pitney Bowes study, an overwhelming 91% of consumers will leave a business when shipping isn’t free or fast enough for them. While these two trends may seem to conflict, the truth is that fast shipping, if correctly managed, can be a powerful tool for reducing a company’s carbon footprint and helping the fight against global warming. Are they even measured on the same metrics?

Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

By contrast, the third-party logistics model is where a manufacturer retains oversight of its supply chain but outsources such processes as warehousing, shipping, packing, and distribution to a 3PL provider.

This Week in Logistics News (August 13-17, 2018)

Talking Logistics

Here are the ones that caught my attention: Maersk and IBM Introduce TradeLens Blockchain Shipping Solution. project44 Launches Global Parcel Visibility. Blockchain in Global Trade: Maersk, IBM, and CBP. Back in January, IBM and Maersk announced plans to form a joint venture focused on “applying blockchain to improve global trade and digitize supply chains.” This is self-contradictory,” said Jansen at the [Global Liner Shipping Conference].

Countdown to Black Friday: It’s the Final Countdown, So Get Your Shipments Up in the Air

CH Robinson Transportfolio

Understand the metrics of air cargo: time and money. To learn more about how air cargo can help optimize your global supply chain, download: Optimizing Your Supply Chain with Air Cargo. Global Transportation Air Black Friday ShippingIt’s not too late to get your product to store shelves in time for Black Friday, thanks to the swift performance of air cargo service.

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This Week in Logistics News (May 13-17, 2013)

Talking Logistics

Chainalytics Creates New Metrics for Demand Planning Consortium. Maersk warns on slowing global trade ( Financial Times ). Descartes’ GLN, route planning and transportation management solutions and deep domain expertise can help our retail, distribution and manufacturing customers in managing their global and local inbound logistics and delivery operations.”. . In related news, Maersk downgraded its forecast for ocean shipping demand.

This Week in Logistics News (January 28 – February 1, 2019)

Talking Logistics

A single bad review from a disgruntled driver or carrier, even if it arose from an isolated incident, can damage that shipping or receiving location’s “brand” and make it difficult to get loads covered or delivered. Access to weekly market data around critical key metrics gives shippers the ability to address performance gaps in their delivery operations or records when supplying to large retailers. The growing uncertainty and risks in global trade management (e.g.,