No Industry Has A Better Success Metric than Baseball

Logistics Viewpoints

In business, and the supply chain realm, no other success metric has this clarity. The post No Industry Has A Better Success Metric than Baseball appeared first on Logistics Viewpoints. Metrics and Standards strategy success

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? Data Distribution Logistics Supply Chain distribution center metric

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

6 Benefits of Effective a Reverse Logistics System & The 9 Core RevLog Metrics to Track

Cerasis

While conventional logistics optimizes the flow of goods from producer to consumer, reverse logistics manages the processes for inverting that flow to deal with returned parts, materials and products from the consumer back to the producer. Thus, reverse logistics management has developed into a discipline that produces cost reductions, adds efficiencies and improves the consumer experience. BONUS: Download the Ultimate Guide to Transportation Reverse Logistics White Paper.

Metrics and Issues to Consider in SQM (Supplier Quality Management) By 5 Big Industries

Cerasis

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. In today’s post, Chuck will take it a step further and break down metrics and issues to look out for by 5 main industries: Pharmaceuticals. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site.

Why You Should Embed Customer Service Metrics in Your Supply Chain

Speaker: Irina Rosca, Founder, sustainSCM and Director of Supply Chain and Customer Success Operations, Helix OpCo

Across industries, 81% of all customers attempt to take care of matters themselves before reaching out to a live representative. When there is so much information in customer feedback, why do supply chain managers leave such expensive insights on the table? Supply chain touches the product from conception until it arrives in the hands of the customer, and sometimes through the recycling process. Join Irina Rosca, Director of Supply Chain and Customer Success at Helix as she walks through the key questions to connecting the supply chain with the voice of the customer.

Editor’s Pick: 6 Warehouse Metrics You Can’t Afford to Ignore

Talking Logistics

Note: Today’s post is part of our “Editor’s Pick” series where we highlight recent posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. This post from PINC’s blog highlights six warehouse metrics that all companies should be tracking, monitoring, and acting upon.

How Machine Learning is Transforming Industrial Production

DELMIA Quintiq

The question that seems to get asked more often than not is to talk about how many industrial applications we can name for machine learning. In that way, machine learning transforms an industrial operation into a system of systems that can get products to market faster at a lower cost so the company that owns it can remain competitive in its market and keep their customers happy by delivering the products they want. Industry Week confirms these issues.

Supplier Quality Management: What it is, 5 Key Metrics to Know & a 4 Step Supplier Evaluation Process

Cerasis

Therefore, it is paramount for you as a logistics and supply chain professional to have a keen sense of how to properly evaluate a supplier. The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). The definition of this metric is similar to the way it sounds.

Overcoming Complacency: How to Drive Even More Supply Chain Metric Success

Talking Logistics

The four key methods here will help you drive more success as you bring the metrics to life on your warehouse floor: 1. Show the “story” of your metrics with quarterly and yearly growth charts; show how far you’ve come as a team over time. While most metrics stop at the output level, multiple layers of metrics in a Hoshin Plan actually determine if you’re even focusing on the right targets. A sense of complacency can lurk behind benchmarks.

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

Trends 130

Multi-Industry Supply Chain Challenges

Kinaxis

by Alexa Cheater Our own Trevor Miles , VP of Product Innovation and Thought Leadership, had the chance to sit down with Bob Ferrari of Supply Chain Matters to talk about multi-industry supply chain challenges. Their in-depth interview touched on the challenge multi-industry sales and operations planning (S&OP) teams have when it comes to various cross-functional information and decision-making silos.

Supply Chain Leadership Driving Industry 4.0 & Resilience During Crisis – LogiSYM July 2020

The Logistics & Supply Chain Management Society

Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. Relying on our experience in the industry and academic field, it is worth to say that if everything is urgent, nothing is urgent! Industry 4.0. Industry 4.0

The 9 Key Considerations of an Effective Last Mile Logistics Strategy

Cerasis

Understanding last mile logistics is only half the battle. Shippers need to reevaluate their existing last mile logistics processes and devise an effective last mile logistics strategy that aligns consumer and business expectation. In fact, an effective last mile logistics strategy must consider these nine key points. Planning Is Essential To Have an Effective Last Mile Logistics Strategy. Logistics

The “First Five” Industrial Manufacturing Trends of 2017

Cerasis

Current industrial manufacturing trends show the new administration is pushing for reshoring among the nation’s biggest manufacturers, and new technologies are revolutionizing how companies respond to growing skepticism and scrutiny by the public and government oversight as well. The "First Five" Industrial Manufacturing Trends of 2017. The Industrial Internet of Things (IIoT) is no longer the newest kid on the block. Metrics are like Big Data; they can appear useless.

Sustainable Logistics: Quantifying Sustainability Measures of Your Logistics

Cerasis

Calculating the carbon footprint of a company’s comprehensive logistics framework is tremendously complex. Creating more sustainable logistics is even more important for the trucking industry. Sustainable Logistics | Quantifying Sustainability Measures of Your Logistics. Robinson and the MIT Center for Transportation and Logistics. From shareholders to consumers, sustainable logistics has created broad value. Logistics

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 Supply Chain Index will have a numeric rating of all public companies by industry sector for these three factors. My journey of sharing these insights with clients has culminated in the writing of my second manuscript, Metrics that Matter. How do you balance metrics ? .

Consumer Demand Helping Drive 3PL Industry Growth

Talking Logistics

This has created what some in the industry are referring to as “supply chain impatience.”. As a result, many organizations are turning to third-party logistics providers (3PLs) and enhanced transportation management systems (TMS) to deliver the velocity, visibility, predictability and control they need. Combining Technology and Industry Expertise. What is driving this growth is much-needed industry expertise.

3PL 152

Top 15 Logistics Blog Posts of 2014

Cerasis

We continue our top blog posts of 2014 from our main categories today by focusing on something at Cerasis we are experts in : Logistics. If you are familiar with the term logistics, then you undoubtedly know it conjures up a different meaning to different people , different countries, and different companies even. There are countless number of logistics service providers who offer many different types of broad and niche services. Top 15 Logistics Blog Posts of 2014.

Last Mile eCommerce: Why eCommerce Logistics Now Requires Expertise in Last Mile & White Glove Logistics Services

Cerasis

While automation is poised to revolutionize eCommerce Logistics and last mile delivery, last mile eCommerce will benefit from increased use of white glove logistics services. As explained by Andrea Obston of Parcel Industry , last mile delivery must be free, fast and all-inclusive. White Glove Logistics Service Overcome Last Mile eCommerce Challenges. Putting the Last Mile Logistics Picture Together. eCommerce Logistics Will Continue to Evolve.

Logistics Management

LeanCor

The Key to Customer Satisfaction in Lean Logistics Management. However, this really got me thinking about on-time performance and standards in logistics management– I wouldn’t be a true lean logistics professional if it didn’t. Lean and six sigma teach us these terms as the basis for achieving high quality service to our customers in logistics management. If your current performance metrics show 90% – pet yourself (and your team!) Set the right metrics.

Sustainable Logistics Practices Can Serve as a Differentiator for CPG Brands

Zipline Logistics

But sustainable logistics practices can have a profound effect on your brand. Here is where some CPG vendors and logistics providers are doing to achieve a greener supply chain. understand how production, storage, and outbound logistics can collectively work toward sustainability.

Wanted: Supply Chain Architects!

Supply Chain Shaman

When I moved into industry, and the real world, I managed engineering teams. I knew nothing about the world of logistics, inventory management and order optimization. It is usually driven by the logistics and transportation functions. Figure 3 is a good overview of the current state of network design in the industry. She is trying to redefine the industry analyst model to make it friendlier and more useful for supply chain leaders.

7 Incredible Benefits of Cloud-Based Logistics Management

Cerasis

In the below article I propose to have a look at the main benefits and advantages of the cloud-based logistics management. Each industry has its peculiarities, among the others, in the logistics, manufacturing, and supply. The cloud-based supply chain software can be customized to suit your industry, your transportation , freight-forwarding and warehousing specialty, import-export regulations. The cloud-based logistics is a “pay-per-use” model. Logistics

The Top Logistics Blogs of 2016 …So Far

Cerasis

We continue our series on the top 5 blogs in our 4 main categories ( Freight , Manufacturing , Logistics , and Supply Chain ). Today's post will cover the top 5 logistics blogs from 2016 so far. Top Logistics Blogs from the First Half of 2016 So Far. It was clear that the logistics blogs category most top viewed blog posts from the first half of 2016 included many aspects of logistics. From Third Party Logistics, Warehouse information, Technology, and KPIs.

Market Fluctuations in the Oil and Gas Industry: A Catalyst for Supply Chain Improvement

Talking Logistics

Market fluctuations are the norm in the Oil and Gas Industry, as we’ve seen over the past year. Oil prices have dropped from over $100 per barrel to about $50 today, which is leading companies in the industry to cut back on capital spending and layoff workers. How are market fluctuations impacting the supply chain and logistics operations of Oil and Gas companies? Which metrics are the most important? Robinson Kent Stuart logistics Oil and Gas supply chain

5 Easy-to-Use Ways to Monitor Supply Chain Health

Talking Logistics

Do you have the right metrics? Metrics show how your supply chain is performing – providing they are the right ones to do the job. Inappropriate metrics can give a false or incomplete picture of supply chain performance. Second, what metrics are the best indicators of performance in terms of these goals? These are examples of metrics that may or may not support your goals. Benchmark your operation using the selected metrics.

5 ways the aviation industry still surprises me

DELMIA Quintiq

That’s the #1 question I get asked when talking to people in all departments of airlines, airports, and industry regulators. While I love talking about the implementations across the globe where I’ve been involved, I’ve been able to provide more value by answering a different question: “What have you seen in other industries that we’re not doing yet?”. For decades, the manufacturing industries have relied on the principles set forth by gurus such as Dr. W.

[e-Book] The Ultimate Guide to Last Mile & White Glove Logistics

Cerasis

It can be hard to wrap your mind around how encompassing last mile Logistics can be. Last mile e-commerce, last mile technology, last mile metrics and white glove services make standard shipping conversations seem like child’s play, and the new focus on the last mile is anything but. In this e-book, "The Ulitmate Guide To Last Mile & White Glove Logistics", these top lessons that shippers need to know about last-mile logistics in the modern era.

Access The Big Benefits of an Effective Reverse Logistics Webinar Replay

Cerasis

Cerasis put on a 75-minute webinar entitled, The "Big Benefits of Effective Reverse Logistics" Webinar on September 30th, 2015 at 2:00 PM CST. We had a great turnout with over 170 logistics managers, supply chain officers, and those in the transportation world registering and attending the webinar. Download the Reverse Logistics Webinar Replay, Transcript, and Presentation by Filling out the Form Below. Reverse logistics really does go back further than most people realize.

Outsourcing Logistics: Does It Make Sense for Everyone?

Cerasis

The benefits of outsourcing logistics processes to a third-party logistics provider (3PL) are well documented. Basic Facts to Understand Before Outsourcing Logistics. This helps you grow your business, and a 3PL can provide you access to resources that you may have never even considered as needing improvement, explains industry expert, Frank Castiglia. Critical Things to Know When Considering Outsourcing Logistics. 3PL Logistics logistics outsourcing

Technology and the Changing Nature of Logistics

Enterra Insights

One of the activities within supply chain operations is logistics. The Interlake Mecalux staff explains, “Logistics forms part of the supply chain. … Supply chains are shifting towards a logistics environment that’s faster and more flexible, personalized, accurate, and efficient.” Logistic 4.0 Logistics 4.0 Relying on intelligent logistics. Which data metrics are most relevant to your demand forecasting?

Ultimate guide to warehouse logistics: Enhance organization, movement, and management

6 River Systems

Warehouse logistics is the heart of any supply chain operation, assimilating and dispatching goods to ensure availability and timely delivery. One of the best ways to reduce shipping costs and ensure fast delivery is by optimizing warehouse logistics. What is warehouse logistics?

KPI 67

The 7 Habits of Highly Effective 3PLs

The Logistics of Logistics

The best 3PLs do a great job of communicating with their clients and logistics partners. Habit 2 – Measure Logistics Performance. A highly effective 3PL will use key process indicators (KPIs) to monitor logistics performance. A KPI is an indicator (a metric) that you have chosen, and agreed with your partners and or customers, that will determine whether you are meeting your critical success factors. Logistics Key Process Indicators (KPI).

3PL 197

Employing this S.M.A.R.T. Technique with a Logistics Company to Create Total Stakeholder Satisfaction

Cerasis

Today we continue our series on successfully working with a logistics company, often called a third party logistics company by focusing on how to properly understand the success of the engagement by knowing all the key performance indicators that a shipper could put in place. We will then finalize the series on logistics key performance indicator success management with practical techniques to carry through the academic subjects we've covered thus far. .

Public Markets Reward Supply Chain Alignment

Supply Chain Shaman

The relationship between corporate financial performance and supply chain metrics was complex; and in my first attempts, I was unable to derive a correlation. What I found was that we have improved employee productivity through the investment in processes and technology, but that most industries were stuck in their ability to manage the trade-offs between growth, profitability, cycles and complexity. I wanted to better understand which metrics truly mattered.