Talking Logistics

JULY 16, 2019

This post from PINC’s blog highlights six warehouse metrics that all companies should be tracking, monitoring, and acting upon. The post Editor’s Pick: 6 Warehouse Metrics You Can’t Afford to Ignore appeared first on Talking Logistics with Adrian Gonzalez. Editor's Pick Guest Commentary Guest Commentary - PINC Solutions Industry Trends Warehouse Management PINC Solutions warehouse management warehouse metrics

Metrics 138

Metrics Logistics Warehousing Supply Chain 138

Cerasis

JULY 13, 2015

Throughout the supply chain, the use of metrics to track and understand processes provides an invaluable resource for ensuring increased production and customer satisfaction. What Distribution Center Metrics Need Tracking?

Metrics 342

Metrics Distribution Capacity Third Party Logistics 342

QAD

JUNE 25, 2019

It is critical to monitor inventory effectiveness using five key metrics: Expedited orders, inventory turns, obsolete inventory, safety stock and stockouts. Many organizations publish turns data by industry or SIC code to help gauge where you stand against others in your industry.

Metrics 95

Metrics Inventory Benchmarking Lean 95

Supply Chain Movement

DECEMBER 8, 2014

Supply Chain Metrics That Matter makes this truth clear enough with its thorough analysis of recent multi-industry performance trends. Peppered with real-world examples from across industries, Supply Chain Metrics That Matter reinforces ideas with evidence.

Metrics 130

Metrics Supply Chain Automotive Sustainability 130

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resources each year guessing important operational metrics such as booking allocations or. industry? $15-$20 industry-tailored machine learning, enterprises can finally make use of their. An analog approach in a digital world: While the shipping industry has.

How To

Cerasis

JUNE 4, 2015

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. Review of SQM Metrics and Issues Across 5 Core Industries. #1:

Quality 317

Quality Metrics Industrial Industry 317

synchrono

AUGUST 22, 2016

As mentioned earlier, modern manufacturing concepts like The Factory of the Future, Smart Manufacturing and Industry 4.0 Combat data overload by knowing what you want to achieve and focusing on metrics that align with those goals. The post Modern Metrics appeared first on Synchrono.

Metrics 75

Metrics Continuous Improvement eBook Internet of things 75

DELMIA Quintiq

SEPTEMBER 10, 2019

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. Industrial Applications and Transformations Attributed to Machine Learning. Industry Week confirms these issues.

Industrial 170

Industrial Industry Training Data 170

Logility

AUGUST 7, 2017

Ask yourself, “Are your supply chain metrics bogging you down?” ” To manage a supply chain containing complex dependencies between teams, departments and partner companies across international boundaries requires a rich set of metrics. However, companies often have too many independent metrics that can cause conflicts amongst competing supply chain functions. Functionally isolated metrics lead to sub-optimized supply chain performance.

Metrics 139

Metrics Supply Chain Performance Supply Chain Forecasting 139

Supply Chain Shaman

FEBRUARY 11, 2014

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. Here I share his insights: Philippe, which supply chain metrics do you think matter?

Metrics 365

Metrics Arizona North America Supply Chain 365

AIMMS

FEBRUARY 20, 2015

Interview with Lora Cecere, Founder and CEO of Supply Chain Insights and Author of Supply Chain Metrics that Matter ( published December 2014 ). Metrics that Matter became a three year research project. I realized that many organizations are very confused about metrics.

Metrics 286

Metrics Supply Chain Research Case Study 286

Supply Chain Shaman

JUNE 7, 2018

Putting a stick in the eye of the industry is hard work. The industry has too many events. To make the argument, let’s look at industry orbit charts in aggregate for the period of 2006-2017 for the apparel and chemical companies. In neither industry, despite the spend of 1.7%

Industrial 301

Industrial Industry Apparel Chemicals 301

Kinaxis

JUNE 22, 2015

This post will discuss some of the metrics and analysis tools that an inventory manager needs to identify risk and opportunities and to make intelligent decisions to optimize the performance of their inventory. Each metric requires context.

Metrics 253

Metrics Inventory Comparison Analysis 253

Cerasis

JULY 20, 2015

Importance of Metrics in Reverse Logistics Management. To monitor progress against its reverse logistics management plan, a company needs metrics that measure the financial impact of returns on the firm and on other members of the supply chain.

Reverse Logistics 341

Reverse Logistics Metrics System Logistics 341

Talking Logistics

SEPTEMBER 12, 2017

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.

Metrics 136

Metrics Continuous Improvement How To KPI 136

Logility

NOVEMBER 15, 2013

These folks have traditionally provided master rolls of newsprint and book paper to the industry. Inside-out to outside-in is starting to turn. Anyone who has worked with asset intensive process manufacturers knows how hard it is to change the thinking about machine capacity utilization.

Metrics 141

Metrics Capacity Supply Chain Inventory 141

Logility

NOVEMBER 15, 2013

These folks have traditionally provided master rolls of newsprint and book paper to the industry. Inside-out to outside-in is starting to turn. Anyone who has worked with asset intensive process manufacturers knows how hard it is to change the thinking about machine capacity utilization.

Metrics 130

Metrics Capacity Supply Chain Inventory 130

Supply Chain Shaman

DECEMBER 15, 2015

To help, in this blog post I share industry trends. For the discrete industries we contrast the industry averages for growth, operating margins, inventory turns, cash-to-cash cycle, revenue per employee, and SG&A ratio for the periods of 2006-2014 and 2011-2014.

Industrial 227

Industrial Industry Metrics Inventory 227

Cerasis

MAY 20, 2015

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. This is a critical metric in regulated industries such as medical devices, pharmaceutical, biotechnology, and food and beverages.

Quality 258

Quality Metrics Romania Lean 258

EcoVadis

MAY 31, 2018

Read on for more details about EcoVadis ratings in this interview (first published on the ING Wholesale Banking site): Rating Sustainability Performance: An Essential Business Metric.

Metrics 56

Metrics Sustainability Benchmarking Procurement 56

Supply Chain Shaman

DECEMBER 15, 2015

To help, in this blog post, I share industry trends. For the discrete industries, we contrast the industry averages for growth, operating margins, inventory turns, cash-to-cash cycle, revenue per employee and SG&A ratio for the periods of 2006-2014 and 2011-2014.

Industrial 227

Industrial Industry Metrics Inventory 227

Kinaxis

JANUARY 14, 2015

So, I decided to use supply chain best practice metrics to predict the Super Bowl participants, and the ultimate winner. I remember when my parents questioned my plan to go after a dual degree in college – Industrial Engineering and Statistics.

Metrics 259

Metrics Dallas Indianapolis Seattle 259

IQMS

AUGUST 20, 2019

The manufacturing industry continues to show strong resiliency, shaking off global trade uncertainty, finding ingenious workarounds to its labor crisis, while still innovating new products using design-to-manufacture workflows. The manufacturing industry is at an inflection point today.

Manufacturing 72

Manufacturing Industrial Industry Survey 72

Supply Chain Shaman

JULY 5, 2016

However, in the writing of the recent report on the Household Products and Beauty industries, my observation is that companies are stuck in neutral and going backwards. Who is performing the best in this industry? The industry as a whole struggled. I was on my way to Peru.

Industrial 195

Industrial Industry Peru Metrics 195

Kinaxis

JULY 14, 2014

Supply Chain Metrics That Matter: A Focus on Aerospace and Defense. In Supply Chain Metrics That Matter: A Focus on Aerospace and Defense , Supply Chain Insights benchmarks A&D companies against other industries and dives into data from five top A&D companies over the last decade.

Aerospace 200

Aerospace Metrics Benchmarking Research 200

QAD

APRIL 25, 2019

Using Metrics to Measure Quality. Documentation is also a requirement for most industry and government certifications, so it is beneficial to ensure that processes are documented. Most industry standards recommend design for quality. Choosing Metrics.

Quality 84

Quality Metrics Automotive Electronics 84

Supply Chain Shaman

JULY 22, 2019

Smaller, more agile companies outperform the larger and well-known brands in the retail, beverages, food, and pharmaceutical industry sectors. Industry-by-industry, I compiled data for the period of 2010-2018. The companies I work with struggle to set metrics targets.

Supply Chain 307

Supply Chain Metrics Beverage Comparison 307

Cerasis

FEBRUARY 9, 2017

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.

Manufacturing 218

Manufacturing Trends Industrial Industry 218

Cerasis

AUGUST 4, 2015

Editor's Note: As a third party logistics company with a focus on better Less-Than-Truckload (LTL) freight management, we have several shippers who are in the manufacturing industry. Benchmarking yourself against others in the industry is a good starting point.

Metrics 335

Metrics Manufacturing Lean Quality 335

Kinaxis

JULY 6, 2015

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.

Industrial 212

Industrial Industry Supply Chain Lean 212

Enterra Insights

AUGUST 20, 2019

There is continued buzz about Industry 4.0 — the nickname adopted for the ongoing fourth industrial revolution. Anant Kale ( @anantkale ), Co-Founder and CEO of AppZen, explains, “The first industrial revolution mechanized production using steam power, the second gave us the assembly line for mass production, and the third industrial revolution gave us advanced automation using IT and electronics. 1] One element of Industry 4.0

Data 100

Data Industrial Industry Indiana 100

Kinaxis

AUGUST 29, 2014

Supply Chain Insights recently published a Metrics That Matter report covering both the Semiconductor and Hard Disk Drive (HDD) industries. That industry has already gone through consolidations. Semiconductor is poised to consolidate, which will have huge impact on the metrics.

Metrics 182

Metrics Thailand India China 182

Supply Chain View from the Field

APRIL 1, 2015

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Rather then selecting a plethora of meaningless metrics, it is always better to focus on a critical few, and select them wisely. Step 2 – Develop Metrics and Data Sources.

Metrics 91

Metrics Strategy Supply Chain Benchmarking 91

Talking Logistics

OCTOBER 18, 2016

This has created what some in the industry are referring to as “supply chain impatience.”. Combining Technology and Industry Expertise. What is driving this growth is much-needed industry expertise. 3PLs are being asked by shippers to create better metrics to provide both added understanding and a deeper perspective as to what’s occurring inside their business both yesterday, in real time and tomorrow.

3PL 152

3PL Industrial Industry Six Sigma 152

IQMS

JUNE 4, 2019

99% of mid-market manufacturing executives are familiar with Industry 4.0, yet only 5% are currently implementing or have implemented an Industry 4.0 Mid-market manufacturers getting the most value out of Industry 4.0 Demystifying Industry 4.0 Source: Industry 4.0:

Industrial 76

Industrial Industry North America Survey 76

Supply Chain Shaman

JULY 3, 2017

It is hard work to maintain the status quo in metrics performance. A balanced portfolio of metrics delivers the greatest value. There is a pervasive believe in the industry that supply chain leaders are making progress. This is the case in most industries.

Automotive 238

Automotive Metrics Dallas Pharmaceutical 238

Supply Chain Shaman

MARCH 28, 2016

The first step in the journey is to analyze balance sheet results and understand industry trends. The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. Analysis by Industry.

Metrics 276

Metrics Apparel Pharmaceutical Analysis 276