Remove Internet of things Remove Metrics Remove Sourcing
article thumbnail

The Importance of Energy Transition and Sustainability in the Logistics and Supply Chain Industry

Logistics Viewpoints

Proactively adopting cleaner energy sources ensures alignment with these evolving regulations. The industry’s dependency on traditional energy sources necessitates an urgent shift toward cleaner alternatives. Transparent sourcing practices build trust among consumers and investors.

article thumbnail

Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. Reward teams for cross-functional metrics. Customer-Centric Supply Chain.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Breaking Down Supply Chain Optimization: Turning Data Into Actionable Insights

RFgen

It’s the key to transforming your supply chain from a source of frustration into a well-oiled, profit-generating machine. Implementing Data Analytics for Supply Chain Success Data analytics transforms supply chains with precise insights and real-time monitoring by bringing together multiple data sources. The result?

article thumbnail

Supply Chain Efficiency: A Deep Dive into the Core Drivers

RFgen

We’ll examine the key components of efficient supply chains, explore essential performance metrics, and uncover the fundamental drivers that influence efficiency. Enterprise Resource Planning (ERP) systems, Internet of Things (IoT) devices, and blockchain are just a few technologies making waves in supply chain management.

article thumbnail

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

GlobalTranz

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. If cost reduction is not the only thing to measuring supply chain performance, that begs the questions: "Maybe we should be measuring other Supply Chain Management activities and what would they be?". Read more. . Read More. .

article thumbnail

How Do You Define a Mature Supply Chain Planning Organization? (Part 1)

Supply Chain Shaman

Integration of corporate social responsibility metrics in planning. Comprehensive view of source, make and deliver. Most often the focus is on transportation or logistics, but does not take into consideration the trade-offs between make, source and deliver. Focus is on make, source and deliver together. Procurement.

article thumbnail

The Future Of The Supply Chain Starts With Sustainability.

The Logistics & Supply Chain Management Society

While it’s undeniably important to source products responsibly and produce recyclable or reusable products, companies also need to focus on making the transportation and distribution of products more sustainable. Ensure Your Materials Are Ethically Sourced.