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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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Supply Chain Leaders Rearranging Deck Chairs? Yes, I Think So.

Supply Chain Shaman

After finishing the Supply Chains to Admire report and the Youtube series (to be released this week), this is my feeling. What Is Supply Chain Excellence? The seven years of work on the Supply Chains to Admire is part of my quest to answer Keith’s question.

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?

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. Warehouse Management and Transportation Management were in their infancy. Figure 1: Definition of the Supply Chain Organization.

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

Talking Logistics

Is the current performance of your supply chain network optimal? Here are five supply chain basics that every manager can analyse on an ongoing basis to keep tabs on the health of their supply chain networks. 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.

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”. Would access to better supply chain and IT performance information have helped avert or mitigate these failures? Supply chain cost per unit sold. Metrics.

Reflections on Integrated Supply Chain Planning

Supply Chain Shaman

In the presentation, I shared data on the evolution of supply chain planning and the results on user satisfaction. As shown in Figure 1, users are more satisfied, the implementations are shorter and there is greater Return on Investment of solutions from Best-of-Breed solution providers—especially if the best-of-breed solution providers used are industry-specific. Summary Data of User Satisfaction with Supply Chain Planning Applications.

The 6 Top Supply Chain Trends to Make Supply Chain Managers the Hero of Their Company

Cerasis

Supply chain leaders will face 2018 with uncertainty and opportunity. Digital technologies are becoming more prevalent in basic supply chain functions, and changes in legislation are likely to spur dramatic changes that will result in the need to reevaluate supply chain strategy in both domestic and international locations. of the digital supply chain. Supply Chain Managers Will Focus on Increasing Perfect Order Deliveries.

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

Cerasis

Editor’s Note: This is the first in a three-part series on Supplier Quality Management processes and how to evaluate your suppliers from Chuck Intrieri of The Lean Supply Chain. When you choose a company to transport your freight or to supply you with the materials you need to manufacture a product, you are putting your hard work and reputation in their hands. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ).

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.

Provoking the Industry to Move Past Incrementalism

Supply Chain Shaman

Putting a stick in the eye of the industry is hard work. Or agreement on the definition of supply chain excellence. Sometimes, even the definition of a supply chain is not clear. I define digital as the rethinking the atoms and electrons of the supply chain. In contrast, the digital supply chain transformation solves problems and defines opportunities based on the confluence of technologies shown in Figure 1.

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

Cerasis

With the purpose of optimizing supply chain efficiency and asset recovery rates, applying a reverse logistics system has increasingly become a tool that positively impacts profitability as well as assisting an organization in meeting sustainability goals. BONUS: Download the Ultimate Guide to Transportation Reverse Logistics White Paper. Importance of Metrics in Reverse Logistics Management.

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.

BASF: A Story of a Supply Chain Leader

Supply Chain Shaman

Over the last two decades the company successfully leveraged global scale to define supply chain leadership. With 12,000 supply chain employees operating in 80 countries with 2400 storage facilities, supply chain excellence and innovation are the foundation of corporate performance. For this case study we interviewed Ralf Busche, Senior Vice President of Global Supply Chain Strategy and Performance. Supply Chains to Admire Finalists.

[PODCAST] How Shippers Can Compete Against Rising Transportation Costs & Competition Using Data

Cerasis

“The Freight Project Podcast” – Episode 5 – Hannah Testani, Intelligent Audit, COO – How Shippers Can Compete Against Rising Transportation Costs & Competition Using Data In this episode, Hannah and I will talk about how she got involved in the logistics industry and how she, as COO, is positioning Intelligent Audit for the future aiding her father who founded the company over 20 years ago.

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How Can We Heal the Global Supply Chain?

Supply Chain Shaman

In the last six months, in my travels, I have presented to supply chain teams in China, Belgium, France, Germany, Peru, Mexico, Netherlands, South Africa, Singapore, and the United Kingdom. I strongly feel that if I am going to cover the global supply chain that I need to experience it. Connectivity enabled the growth of the global supply chain opening up markets driving opportunity. Supply chain process development is slower.

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The Top 10 Supply Chain Blog Posts from 2017

Cerasis

Today, is day two of our annual year-end series highlighting the top blog posts in each of our 5 main categories: Manufacturing , Supply Chain , Logistics , Transportation Management , Freight. The Top 10 Supply Chain Blog Posts from 2017. This year, most were interesting in supply chain optimization - from distribution to inventory management - and Key Performance Indicators. Top 5 Trends to Know to Compete with Amazon’s Supply Chain.

The Essential Reference Guide for a Supply Chain Leader

Cerasis

In this blog he provides a simple reference guide to better yourself as a supply chain leader. and/or capabilities of the supplier and meet companies' short- and/or long-term supply needs. Supplier Development contributes towards 5 Key Work Streams in Supply Base: . 4) Improve Materials Management Competency in Supply Base. . Every business has their set of metric which they want to focus on.

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.

Make Your Supply Chains Less Complex – and Less Wasteful!

Talking Logistics

Author’s Note: Below is an excerpt from Moving Up the Supply Chain Maturity Curve: The Process Industry Executive Agenda for 2016 and Beyond , a white paper published earlier this year by Elemica with research conducted by Adelante SCM. Although the research focused on the process industry, the content and recommendations we make apply to companies across all industries that want to make their supply chains more flexible and responsive.

What Kindergarten Lesson Applies Best to Supply Chain Technology?

Talking Logistics

Similarly, in supply chain applications, you are heavily reliant on connectivity and communication with your supply chain partners including carriers, suppliers, and customers. For supply chain applications, this often means faster, better optimization, more robust reporting, and quicker response times, which all contribute to increased effectiveness.

Supply Chain Planning in Emerging Markets: Four Points to Remember

ToolsGroup

Supply chain planning in emerging markets is different. He adds, “Often, last-mile distribution costs to rural areas are high and reliability is low, compounded by the lack of visibility of in-transit shipments.” ( Invest in Four Key Capabilities While Developing Your Demand-Driven Supply Chain Strategy for Emerging Markets , 18 September 2017) Let’s take Indonesia, for example. Growing domestic demand can also cause supply chain strategies to change.

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.

8 Things Companies Get Wrong in Supply Chain Management

Logistics Bureau

Even the biggest companies make supply chain management mistakes, and they typically have dedicated management hierarchies focused solely on balancing supply and demand. Do These Things Right For Supply Chain Success. Failing to learn from industry best-practices.

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.

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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Consumer Demand Helping Drive 3PL Industry Growth

Talking Logistics

These demands put increasing pressure on retailers, who in turn, pass that burden onto their suppliers – further increasing complexity and intensifying pressure on supply chains. This has created what some in the industry are referring to as “supply chain impatience.”. In order to meet continually-changing consumer demands and expectations in an increasingly competitive market, shippers need a fast, efficient supply chain.

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New Bookends: The Tale of Supply Chain Global Leaders in Consumer Products

Supply Chain Shaman

These consumer products global leaders paved the road for supply chain excellence by defining new supply chain practices. Today, each leader wants to take their empowered team to new supply chain heights. At Supply Chain Insights, we published a report card yesterday. The report analyzes supply chain performance and improvement by the Consumer Products Leaders in the period of 2006-2014. The industries have different drivers.

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8 Things Companies Common Mistakes in Supply Chain Management

Logistics Bureau

Even the biggest companies make supply chain management mistakes, and they typically have dedicated management hierarchies focused solely on balancing supply and demand. For the smaller business, with a management team that has to juggle multiple areas of responsibility, it’s even easier to inadvertently neglect, overdo or omit certain aspects of supply chain management—or just get them plain wrong. Do These Things Right For Supply Chain Success.

50 Most Read Articles of All Time in Manufacturing, Supply Chain, Logistics, Transportation, & Freight

Cerasis

Since today is the last day of the year before we all get ramped up towards a productive 2016 and after finishing out top 10 most read articles in each of our five main categories ( Manufacturing , Supply Chain , Logistics , Transportation , & Freight ) we wanted to give you all a treat and list the top 50 most read articles of all time from the Cerasis blog. 9 Steps to Establish the Lean Supply Chain: A System of Interconnected & Interdependent Partners.

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.

Lean Transportation: Are you Using Lean Thinking for Transportation Management? If not, Why?

Cerasis

For shippers, culture and behavior have to change to apply Lean Transportation thinking. The “Them (company leadership) versus Us (shop floor associates)” mentality also needs to change for Lean Transportation to " WE. The 8 Rights To Achieve Lean Transportation Practices. The are the 8 Rights of Lean Transportation thinking: Right Materials, Right Quantity, Right time, Right Place, Right Source, Right Price, Right Quantity, and. Transportation takes time.

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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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