Remove Global Remove Metrics Remove Shipping Remove Sourcing

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.

Podcast: Rob O’Byrne on Digital Transformation, Sustainability, and Diversification in Sourcing

Requis

I think what’s happened particularly in the last ten years is that the focus on cost reduction and being competitive has really driven that need for rationalization in the supply chain, and of course for the globalization that we’ve seen. Will people change their sourcing strategies?

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

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).

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.

Global Trends in Digital Supply Chain - 2018 Review

Abivin

Source In the year 2018, Artificial Intelligence (AI) and Advanced Analytics have evolved into the kind of “can’t do without” technology. But what happens when you can’t process a huge amount of data coming from different sources? Source In 2018, companies continue to rely on data to make decisions in logistics. Cleaner ships, trains, planes and trucks combined with automation and clean technology in cargo handling and warehousing operations are accelerating.

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.

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. Includes decoded fields, additional metadata about source and flag country, data filters, and 7-day archive.

Wanted: Supply Chain Architects!

Supply Chain Shaman

Much to my chagrin, when I entered into the world of supply chain, the processes of source, make and deliver were usually not designed. Instead, I think that it needs to be holistic to balance the trade-offs of source, make and deliver together. This is difficult for the average company since only one in two supply chains have source, make and deliver reporting through the same organization (reference Figure 1).

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.

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. Increased Sourcing Transparency . NEED TO SHIP YOUR FOOD AND BEVERAGE PRODUCT?

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.

3PL 40

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. Source: [link].

Control Towers: If Only There Was A Clear Definition

Supply Chain Shaman

While there are many types of visibility (see Figure 1), the most common use case is either sourcing or transportation visibility. 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. However, to use these data sources, we must break paradigms and focus on the use of non-relational techniques. We finished dinner.

Data 266

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. Modern Demand-Driven Manufacturers are leveraging real-time Cloud-based visualization and collaboration systems to view data from multiple, disparate sources while keeping the data in its original, host environment. Jessica Twentyman reported in the Financial Times , that for many manufacturers, supply chain collaboration is stuck in the dark ages.

KPI 69

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].

SanDisk’s Story of Customer Segmentation Strategies Using Inventory Postponement

Supply Chain Shaman

Source: Dictionary.com. 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.

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. In addition, consider the ancillary services that happen behind the scenes, such as customs clearance and distribution/delivery sourcing. 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 Shipping

Cargo 43

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

Talking Logistics

req’d) How Blockchain Could Benefit Levi’s Worker Well-Being Initiative (Sourcing Journal) Companies Plan for Tariffs, More Paperwork in Case of ‘No-Deal’ Brexit (WSJ – sub. 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. The growing uncertainty and risks in global trade management (e.g.,

We Need Supply Chain Immunity, not Resiliency: A Position Paper

NC State SCRC

After all, supply chain management is about getting things moving, and that applies not only to roads, airports, and ships, but to how we think about getting things to people. To create a supply chain capable of withstanding something as powerful as a global pandemic, our society and infrastructure needs to be able to not only leverage what is already in place, but ask ourselves the question of what we would do if we could design an optimum supply chain from scratch?

New IMO 2020 Regulations Help Reduce Marine Sulphur Emissions

CH Robinson Transportfolio

This bold initiative, which goes into effect on January 1, 2020, will help reduce the environmental impact of the international shipping industry. . These IMO 2020 regulations require the lowest globally applied requirements of sulphur oxide emissions to date. As we look forward to the new year, it’s important to understand why these new regulations are taking place and how IMO 2020 will impact the global shipping market. million metric tons annually.

The Trends Shaping Supply Chain and Logistics: Takeaways from Descartes Evolution 2017

Talking Logistics

The Descartes Global Logistics Network has 16,500+ customers on it, with more than 13 billion messages processed per year and more than 66 million routes/resources managed per year. The two largest segments by revenue — Global Trade Content and Routing, Mobile, & Telematics — are also the two fastest-growing parts of its business. . getting buy-in from drivers and other stakeholders) and implementing appropriate metrics to measure and drive performance.).

5 Steps to Supply Chain Orchestration Success

OneSCM

Receivers know when items have shipped and what size shipment to expect and when. Opening up the relationship and sharing information and metrics across all critical departments gives trading partners insight and allows them to understand where they can best improve the quality of their products and services. Can you see and manage your entire global supply network from one single source? We call it a single source of “data truth.”

Reimagine Supply Chain of the Future – agile, resilient, and balanced – LogiSYM July 2020

The Logistics & Supply Chain Management Society

To create flexible and balanced supply chain organisation, it is necessary to integrate strategy, processes, metrics, and technology enterprise wide and across customers, suppliers, and service providers. Identify sourcing plant/s which can back-up each other in times of disruptions.

Carter’s: A Story of Supply Chain Leadership

Supply Chain Shaman

To drive global scale, companies need to design the supply chain to buy globally and execute locally. Shipping approximately 400 million selling units consisting of 700 million manufactured units per year, Carter’s employs about 4,000 employees at its peak. The company leverages globally sourcing strategies to buy products at a lower cost and then deploys some unique process logic to drive mass customization for retailers.

Focus on supply chain flexibility in the tough times of covid-19

EFT

As sourcing is disrupted and demand fluctuates, corporations are having to adapt their supply chain more than ever before. We started to shift our mentality” said Jason Glover, Director of Global Sourcing at Harry’s, an e-commerce start-up for men’s grooming products. “We’re

Asia 57

Best Practice: Creating a Governance Mechanism for Analytical Learning in Organizations

NC State SCRC

Because of the long lead-times associated with the manufacturing infrastructure required to source and produce semiconductors, the Director’s Council espouses a long-term vision and tactical planning scenario. It also considers leading indicators that provide clues as to what customers are planning to ship, interesting correlations that have been developed, and hypotheses and their implications for internal capital investment and capacity planning.

2020 Requires Big Wings and Feet

Supply Chain Shaman

After the Supply Chain Insights Global Summit , I took the time to recharge and took a month off from writing. I find too few leaders with the ability to connect the real-world with the swirl of strategic concepts (shifts in the channel and the consumer, the emergence of the circular economy, shortening of product lifecycles, and global shifts in the world economy) driving the need for a supply chain redesign. For the global supply chain, it is a constant juggling act.

Top 10 Supply Chain Innovations of 2018

Material Handling and Logistics

Source ID. It will allow for the automation of more complex warehousing tasks, such as unloading shipping containers and picking packets or individual e-commerce orders. Source ID. Source ID. The retail giant plans to take out 50 million metric tons (MMT) by 2030, which is equivalent to the emissions associated with the average annual electricity consumption of 40 million Chinese households. Source ID. Source ID. Source ID. Source ID.

Building the Business Case for Supply Chain Risk Management

Cerasis

On the other hand, only 8 percent of companies that were rated by their executives as less than significantly above average on supply chain-related metrics have the same performance. The same source also informed that the Chartered Institute of Procurement & Supply (CIPS) Risk Index of 2016 was the highest since records have begun in 1995. For example, Deloitte reported that 85 percent of global supply chains experienced at least one disruption caused by fraud or abuse in 2016.

Sustainability, Consumption and Realistic Expectations

QAD

Source: The Globe and Mail. metric tons per capita. Nepal created the least at.007 metric tons per capita, but Nepal has little manufacturing, and much of that is agrarian. . By 2014, the global per capita CO 2 was 1,213.17 metric tons. metric tons per capita. Do you reuse shipping containers and materials where possible?

Top 5 Trends to Know to Compete with Amazon’s Supply Chain

Cerasis

Fortunately, these five trends may alleviate some of the strains of competition by giving supply chain partners an advantage in the global market. Moreover, customers can make purchases online and have them shipped to the store or their home. In other words, accessibility and personalization allows warehouse managers and staff members to define metrics relevant to new products and current operations, test new processes and effectively manage the flow of goods.

Trends 208

Counterfeit products are exploding on Amazon

NC State SCRC

Even recycled goods may be collected, shipped to China, stripped down, cleaned up, relabeled, and sold into the market as original product. (A Even natural products are suspect; logs may be harvested in the United States, shipped to China, processed as plywood using formaldehyde, and then imported and used to construct houses in the U.S. They recognized the need to find new ways to deceive and disguise the content, as law enforcement was not an effective source of protection.

Say Customer Service and Mean It

Supply Chain Shaman

The organization is not clear on accepting special requests and expedited shipping policies, often resulting in a lower margin. Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score.

Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

Many metrics can be used to determine the top 3PL warehousing companies, such as company revenue, the number of warehouses, total warehouse square footage , etc. Revenue data is sourced from the companies’ websites and market research platforms such as Macrotrends.