New Horizon Supply Chain Blog

AUGUST 30, 2023

Of all the most common metrics used to measure supply chain performance, forecast accuracy is the most difficult for colleagues outside of the supply chain function to relate to corporate goals like customer satisfaction and profitability. Inventory metrics are less intuitive, but ever since U.S.

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Enterra Insights

SEPTEMBER 28, 2020

He explains, “Big data essentially has three sources: social data, machine data and transactional data. Unfortunately, these sources are limited in providing any meaningful insight into the $760-billion consumer packaged goods market. Social data is comprised of a consumer’s online behavior. Footnotes. [1] 5] Michael C.

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ToolsGroup

APRIL 1, 2022

28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. Wall Street Journal ). Wall Street Journal ). Wall Street Journal ). Wall Street Journal ). Consultancy UK). Supply Chain Dive).

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New Horizon Supply Chain Blog

JULY 15, 2022

Of all the most common metrics used to measure supply chain performance, forecast accuracy is the most difficult for colleagues outside of the supply chain function to relate to corporate goals like customer satisfaction and profitability. Inventory metrics are less intuitive, but ever since U.S. Adrian Mitchell, CFO, Macy’s, Inc.

Forecasting 52

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Unleashed

AUGUST 28, 2023

The cost of sales is an inventory accounting metric that measures the accumulated costs in getting finished goods to market. The cost of sales metric is most commonly used in the retail and eCommerce industries, whereas manufacturing businesses typically calculate profitability using the cost of goods sold formula instead.

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Talking Logistics

JANUARY 11, 2019

Moving on, here’s the supply chain and logistics news that caught my attention this week: Amazon to invest in French firm’s technology for self-driving forklifts (Reuters) Warehouses Test a New Breed of AI Robots (WSJ – sub. Robots in the Warehouse. Finds a Faulty Shipping Safety Net for Brexit (WSJ – sub.

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Infosys Supply Chain Management

AUGUST 10, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. « Oil operators and Oil services firms - time to dissolve internal walls | Main | Enabling individual item picking in tomorrows warehouses » Rapid Innovation will Differentiate the Future of Retail Industry.

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Turvo

JULY 27, 2021

A report based on a survey by Finances Online found that the most critical inventory management practices for companies were forecasting (61.3%), warehouse management (50%), logistics (46.8%), and back-end technology (32.3%). It all comes down to sharing information and unifying the data streams within a single source of truth.

Real-time Visibility 90

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BlueYonder

JANUARY 21, 2021

This blog is based on an article that recently ran in the Journal of Supply Chain Management, Logistics & Procurement, “ Supply chain agility: An imperative in an unpredictable world.”. Please stay tune for part 3 on more about networks, new definition of collaboration, and on-demand transportation, labor and warehousing. [1]

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Supply Chain Shaman

OCTOBER 2, 2020

Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score. Starbucks redesigned their cups for the Grande product, and the flimsy cups were a source of constant spills and burns. Late-stage assembly in the warehouses enables five-day delivery.

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Material Handling & Logistics

JUNE 25, 2018

So the CSR score too is more of a popularity contest than a consistent metric. Omni-channel has become a huge part of Home Depot’s business, as 45% of the company’s online orders are picked up from stores, and according to The Wall Street Journal, Home Depot will spend $1.2 Media Type. Media Credit. Privacy Settings.

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Talking Logistics

DECEMBER 20, 2017

Source: Evan, Flikr. “I On May 12, 2017, a headline in the Wall Street Journal read “ Major Cyberattack Sweeps Globe, Hitting FedEx, U.K. SophiaTX Open Source Platform to Integrate SAP, Blockchain. I will be wrong again,” I stated last year before making my supply chain and logistics predictions for 2017 , and I was right.

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