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10 Multimodal Metrics to Track for Transportation and Shipping

Cerasis

Complexity and precision data within the transportation and shipping industry require refinement in measuring and recording metrics. That is where multimodal metrics that leverage transportation data can make all the difference. Uncategorized multimodal metrics

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

Cerasis

The average Supply Chain management professional measures their Supply Chain by reviewing cost reduction. Is cost reduction all that there is in measuring Supply Chain performance? Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction.

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The Most Important Distribution Center Metrics to Track and Understand

Cerasis

Throughout the supply chain, the use of metrics to track and understand processes provides an invaluable resource for ensuring increased production and customer satisfaction. Additionally, the use of metrics fosters positive relationships with coworkers and adherence to rulesets and best practices for the respective third-party logistics provider (3PL). What Distribution Center Metrics Need Tracking? On-Time Shipping.

Wanted: Supply Chain Architects!

Supply Chain Shaman

When I moved into industry, and the real world, I managed engineering teams. Manufacturing is the foundation of my interest in supply chain management. Supply Chain and Design. This was the beginning of my journey from manufacturing to understanding larger supply chain concepts. Much to my chagrin, when I entered into the world of supply chain, the processes of source, make and deliver were usually not designed.

Midstream Transportation Trends: The Future of Oil and Gas Industry

PLS Logistics

Despite the 2014 oil and gas price drop crisis and the rush around alternative fuel sources, the future of the oil and gas industry remains bright and has a steady pace of growth and increasing demand. More than four billion metric tons of oil and produced every day worldwide, with oilfield companies still generating the […]. Blog midstream oil and gas oil oil and gas oil and gas logistics oil and gas shipping oil and gas supply chain oil prices

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Supply Chain Diagnostic: A Four-Step Process

Supply Chain Shaman

Time For A Supply Chain Check-Up? When a company contacts me to help them with their supply chain, the pain is usually a gap in customer service. They tend to have many pretty PowerPoint slide decks–full of acronyms, pretty pictures and E2E commitments–but they lack a common definition of supply chain excellence. To complete a supply chain diagnostic, I take these four steps: Step One. Understand Industry Performance.

Supply Chain KPIs You’ll Want Every Morning

Logility

A quick scan of the Internet will yield a long list of “the biggest-ever supply chain disasters”. Failed SCM implementation causes shipping errors. WMS failure causes Adidas to under ship by 20%. Supply chain cost per unit sold. Your Supply Chain Type.

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. The design of the supply chain is fundamental to making this happen. In our interview of the Supply Chains to Admire Winners, we found a unique approach at Carter’s. Shipping approximately 400 million selling units consisting of 700 million manufactured units per year, Carter’s employs about 4,000 employees at its peak. Supply Chain Index.

Consumers Priorities Driving Major Supply Chain Changes

Kinaxis

Free shipping? How about completely changing the way you operate your supply chain? The rules around supply chain management are changing, and customers are sitting firmly in the driver’s seat. More and more companies are making big, public announcements on how they’re changing their supply chain practices to better align with what their customers care about.

Building the Business Case for Supply Chain Risk Management

Cerasis

Naturally, to take advantage of this opportunity, you will need a well-functioning supply chain, which you happen to have. Do you think that your supply chain management is good enough for this market? That’s when it all gets extremely complicated, but one thing remains crystal clear: supply chain risk management is profoundly important for businesses to grow and expand. Without a doubt, managing supply chain is nothing but easy.

How to Get a Job in the Supply Chain Sector

Logistics Bureau

So, you are thinking about a career in supply chain? While this article is intended as an evergreen resource, to help you navigate in your search for a supply chain job, and is not a COVID-19-specific guide, the pandemic has galvanized attention on the industry and its criticality.

Executing Customer-Centric Supply Chain Strategies

Supply Chain Shaman

Included in this post is Cummins’ digital award for the 2016 Supply Chains to Admire. I want to understand why some companies outperform on the Supply Chain Metrics That Matter while others do not. I am enlisting their support to share their stories in podcasts, blog posts and at the Supply Chain Insights Global Summit on September 6-9. The Customer-Centric Supply Chain Strategy needs both.). Supply Chain Alignment.

Preparing Skills for the Future of Supply Chain Management

Kinaxis

by Bob Ferrari The following guest blog commentary is contributed by Bob Ferrari, Founder and Executive Editor of the Supply Chain Matters blog and Managing Director of the Ferrari Consulting and Research Group LLC. My topic was: Positioning Your Skills for the Future Needs of Supply Chain Management , and in this 21 st Century Supply Chain guest blog, I wanted to share some of my key messages to this audience as well, since this is a topic frequently brought up.

VTech: A Story of a Supply Chain Leader

Supply Chain Shaman

Financial balance sheet improvements cannot be driven by traditional supply chain processes. In the words of a supply chain leader yesterday, “Lora, please give me stories of success. I will write the case studies here, and share the dialogue with the supply chain leaders in our podcast series, Straight Talk with Supply Chain Insights. When I first met Nick, he was driving a supply chain transformation at VTech Communications.

How Supply Chain Planning Can Create Profit in a Declining Market

ToolsGroup

Therefore, traditional push-driven supply chains are wholly unfit for this situation. Fine paper is an example of an industry whose total addressable market has been shrinking for decades and looks set to continue (see figure). Rather than cutting back, our customer Mohawk Industries decided to lean in. 1] Mohawk sought to profit from the resurgent demand for ‘ analog experiences ’ by owning the fine paper space and transforming its extended supply chain.

Effectively Manage Foodservice Supply Chains During Disruptions

CH Robinson Transportfolio

Even as doors start to reopen, it’s still unclear what the future holds for the restaurant industry. Improving supply chain processes can be a strategic way to free up time to focus on the most important aspect of the restaurant business—happy customers.

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 .

Supply chain planning in the digital age

Kinaxis

by Melissa Clow Recently, Madhav Durbha, Vice President of Industry Strategy at Kinaxis was interviewed by SupplyChainBrain on supply chain planning in the digital age. I wanted to share their fascinating conversation with our readers – check out the video interview and transcript below: Supply chain planning in the digital age. How are supply chains becoming more complex? So looking at your supply chain end-to-end network, right?

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

The Logistics & Supply Chain Management Society

Reimagine Supply Chain of the future: There are many facets to imagining Supply Chain of Future. What are the learnings from Covid disaster that leaders will incorporate into future supply chains? Let us study major highlights of Supply Chains of the future.

Takeaways from the 2018 Gartner Supply Chain Executive Conference

Kinaxis

by Dr. Madhav Durbha Supply chain insights from leading industry experts. Supply chain skills in high demand, digital twins, disruptive technologies, and other takeaways from the 2018 Gartner supply chain conference. I just returned from the highly engaging and inspiring Gartner Supply Chain Executive Conference in Phoenix, Arizona. Here are some key takeaways from the Gartner supply chain event: 1.

NASCES 2016: End-to-End Supply Chain Management Transformations

Kinaxis

by Trevor Miles I was at the North American Supply Chain Executive Summit in Chicago earlier this week. What kept nagging at me though is that the presentations were largely about “righting the ship” rather than “moving from ship to air.” But I couldn’t help think that much of the advice was focused on doing well what we have been doing in supply chain for the past 20-30 years. Supply chain management End-to-end supply chain management

How to Use Big Data to Improve Supply Chain Visibility

Talking Logistics

According to a July 2014 supply chain research study from Accenture focused on Big Data and supply chain risk management, most organizations have high hopes for using big data analytics in their supply chain but many have had challenges in deploying it. Let’s explore some of the technology changes that organizations should consider as they align their corporate goals and objectives to utilize big data to improve their end-to-end supply chain visibility.

The Elegance of the Costco Supply Chain!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. A “Don’t Touch” Strategy will Dramatically Lean out your Supply Chain! I started thinking about the Costco Supply Chain. At its core the Costco business structure is a great example of a lot of Supply Chain principles implemented with great efficiency. What is it that makes Costco’s Supply Chain so effective? Costco Supply Chain in Conclusion.

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Judging Supply Chain Improvement: Campbell Soup Case Study

Supply Chain Shaman

Over the course of the last two years, we at Supply Chain Insight s have worked on a methodology to gauge supply chain improvement. We named it the Supply Chain Index. We have found that supply chain metrics are gnarly and complicated.During During the last two months, we have been interviewing supply chain leaders to get their views on the methodology. Background on the Supply Chain Index.

Supply Chain Analytics: A Continued & Renewed Focus on Using Data for Improvement

Cerasis

The digital business landscape for a shipper, such as the use of an ERP, TMS, and other digital aspects, such as The Internet of Things , provides unparalleled insight into how an organization in the supply chain can improve efficiency, visibility, and productivity. Through the use of connected devices and greater abilities to capture data in real time, the concept of end-to-end visibility and improvement thru the use of supply chain analytics has changed.

4 Supply Chain Minds You Ought to Hear at Kinexions

Kinaxis

We have a great speaker line up, but here are 4 supply chain minds you can’t miss! Alain Huillet, SIOP business transformation director, Schneider Electric Industries SAS. Session Title: “End to End Visibility and Supply Planning — Schneider Electric” In Alain’s main stage presentation hear how end-to-end supply chain visibility is key for becoming demand-driven and building value in supply networks.

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

Cerasis

Aside from the new administration, Amazon’s supply chain continued push deeper into new and existing markets will define additional trends in the supply chain throughout the coming year. While supply chain entities struggle to stay competitive with the e-commerce giant, more organizations will look for ways to eliminate inefficiencies and boost operations. Top 5 Trends to Know to Compete with Amazon’s Supply Chain. Supply Chain

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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. Supply chain visibility means all partners get access to – and share data – in real-time.

KPI 69

Visibility and Control Critical for Supply Chain Success in Post-COVID Retail Environment

Zipline Logistics

he CPG brands that emerged unscathed from COVID-induced commerce changes, 2018 conditions, and recent natural disasters can all cite commonalities that have enabled supply chain success—control and visibility. . But what do supply chain control and visibility look like?? .

5 Ways to Prepare Your Supply Chain for an Efficient Holiday Rush

OneSCM

Businesses need to be prepared for demand spikes, so what can efficient directors of warehouse supply chains and warehouse managers do to get ready for the holiday rush? Smart supply chain directors collate and make sense of data metrics, using technology to eliminate data silos. A highly functional supply chain has increased visibility of freight, location of products, and inventory. Look to industry powerhouses for ways to increase productivity.

Supply Chain Visibility and the Bottom-line

synchrono

Rick Morris, a Certified Supply Chain Professional wrote in Supply House Times that while improving fill rates, improved forecast accuracy also lowers inventory levels measured in days of sales; and simultaneously , improved forecast accuracy improves fill rates and lowers inventory. These improvements in inventory efficiencies then translate into improved financial metrics, including 10% improvement in earnings per share; 5% increase in return on assets; and a 2.5%

Seven Thoughts to Build a Customer-Centric Supply Chain Organization

Supply Chain Shaman

In my work as a supply chain analyst, and Founder of Supply Chain Insights, I attend many supply chain conferences. However, when I am well-rested and in a better state of mind, I remind myself that supply chain conferences are a great way to connect with people in a meaningful way. Customer segmentation, and building a customer-centric supply chain, is a popular topic at conferences. Current State of Supply Chain Visibility.

How Machine Learning Is Redefining Supply Chain Management

IQMS

Bottom line: Machine learning makes it possible to discover patterns in supply chain management data by relying on algorithms that quickly pinpoint the most influential factors to a supply networks’ success, while constantly learning in the process. Discovering new patterns in supply chain data has the potential to revolutionize any business. New knowledge and insights from machine learning are revolutionizing supply chain management as a result.

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

Supply Chain Shaman

This week, I will speak at Llamasoft’s conference on improving supply chain network design. One of the reports that I am writing is on the state of Supply Chain Planning (SCP). While other analysts may put the vendors into a four-square evaluation model and declare it magic, I think that this approach does a disservice to the industry. In the recent study of the Voice of the Supply Chain Leader , we find that the gaps are large, and growing.

Columbia Sportswear: Peeling Back the Onion on Your Supply Chain Processes

Talking Logistics

Over the years, I’ve come across many large, brand-name companies that have been successful by many measures, such as revenue growth and profitably, but when you peeled back the onion on their supply chain processes and capabilities, they were far from best-in-class. Can you imagine how much more profitable these companies could have been, or how much more market share they could have captured, if they had been more disciplined and focused on improving their supply chain processes?