article thumbnail

Supply Chain Best Practices: Preparing for the Worst

Elementum

Establish appropriate metrics that correspond with the steps outlined in your contingency plan. Following the devastation caused by Hurricane Maria in Puerto Rico, drug manufacturing plants were faced with production delays, fueling nationwide shortages of basic medicines. Tips for an Effective Contingency Plan. Case Studies.

article thumbnail

Supply Chain Best Practices: Preparing for the Worst

Elementum

Establish appropriate metrics that correspond with the steps outlined in your contingency plan. Following the devastation caused by Hurricane Maria in Puerto Rico, drug manufacturing plants were faced with production delays, fueling nationwide shortages of basic medicines. Tips for an Effective Contingency Plan. Case Studies.

Insiders

Sign Up for our Newsletter

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

article thumbnail

What About Them Apples?

Supply Chain Shaman

A shortage of pharmaceuticals in Puerto Rico. If we look back at history, 70% of companies implemented Vendor Managed Inventory (VMI), however two-decades later only 1% of companies use VMI processes to drive a better demand signal. Inventory strategies and processes to absorb the error. One thing is clear.

article thumbnail

KPI Key Performance Indicators in Supply Chain & Logistics

Logistics Bureau

Inventory stock turns in Days. Inventory management. Inventory levels. A KPI is a metric… but not just any metric. A KPI is a metric focused on a KEY element of business, departmental, or team performance. DIF – Delivery in Full. DOT – Delivery on Time. DIFOT – Delivery In Full on Time. Warehousing.

KPI 94