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Decision Yield and Other Disruptive Metrics

DELMIA Quintiq

A unified platform within your operational and planning environment with a single source of data permits reaching all aspects and diminishes the opportunity for weak decision making under disciplined conditions.

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

GlobalTranz

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance. Customer Service Levels : When it comes to how a shipper defines the value of a logistics provider or 3PL to the bottom line, there are often several Key Performance Indicators (KPIs) and Logistics Metrics taken into consideration.

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Disruption In Container Logistics With John Murnane

The Logistics of Logistics

The North American inbound supply chain was well-run and extremely cheap before the pandemic brought disruption to the logistics and transportation space. Join Joe Lynch as he talks to John Murnane about the disruption in container logistics. It is not as entertaining as logistics.

Can Manufacturers be Both Lean and Resilient?

Logistics Viewpoints

Since then, manufacturers around the world have embraced lean. It does mean that manufacturers need to understand where inventory needs to be buffered (“fat”) and where it can remain lean. In terms of single sourcing, a useful metric is called “revenue at risk.”

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

GlobalTranz

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. Therefore, it is paramount for you as a logistics and supply chain professional to have a keen sense of how to properly evaluate a supplier. 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.

KPIs to assist manufacturers and distributors with supply chain challenges

SYSPRO Smarter ERP

Manufacturers and distributors experienced huge supply chain disruptions due to the pandemic which exposed many vulnerabilities and tested the resilience of supply chain leaders globally. Manufacturing KPIs. can be measured to define this metric.

21 Vendor Metrics Your Supplier Scorecard Might be Missing

Supply Chain Cowboy

But is your scorecard missing key metrics? It includes a free Excel template that you can modify to match exactly what metrics you want to measure. While some of these metrics might not apply to your business model, there’s definitely a few to add if they measure something important to you and your customers. Of course, you’ll want to be courteous and professional with your feedback, but being open and honest with this metric can go a long way to solving problems between you.

Data and Digitization in Manufacturing

Enterra Insights

Manufacturing has been the lifeblood of the global economy for hundreds of years. Because manufacturers have historically moved factories to regions featuring cheap labor and few regulatory restrictions (sometimes referred to as outsourcing or offshoring), a misconception has arisen about the importance manufacturing to national economies. ”[1] Manufacturing becomes even more relevant to advanced economies thanks to data and digitization.

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5 Best Logistics Books to Keep Within Reach

Supply Chain Opz

Are you looking for logistics management books? In this article, we will show you 5 books that'll help you learn logistics faster than any other logistics book. In the United States, the median wage for a Logistics Manager is around $70,000 annually.

Wanted: Supply Chain Architects!

Supply Chain Shaman

Let me start with a true confession: I am a manufacturing gal. I relished the sound of a manufacturing line when I opened the door of the factory in the morning, and I liked managing inputs so that we could maximize outputs. Manufacturing is the foundation of my interest in supply chain management. In manufacturing, I became good at labor bargaining. This was the beginning of my journey from manufacturing to understanding larger supply chain concepts.

Sustainable Logistics: Quantifying Sustainability Measures of Your Logistics

GlobalTranz

Calculating the carbon footprint of a company’s comprehensive logistics framework is tremendously complex. Creating more sustainable logistics is even more important for the trucking industry. Sustainable Logistics | Quantifying Sustainability Measures of Your Logistics. Robinson and the MIT Center for Transportation and Logistics. From shareholders to consumers, sustainable logistics has created broad value. Logistics

Cement Logistics Planning: 3 Top Strategies To Avoid Stockouts With AI

ThroughPut

To marshal worldwide objectives of scalable and transformative urbanization, cement manufacturers need to look at intelligent supply chain logistics. Outdated Logistics Models. Digital Connectivity for Advanced Logistics Application.

Defining Your Own Logistics Competitive Weapon

Talking Logistics

For a long time, C-level executives viewed supply chain management, especially the logistics function, as a cost center. You have to think and act beyond cost manage and find ways to leverage supply chain and logistics as a competitive weapon — that is, look for ways to leverage supply chain management to drive top-line growth, increase market share, and enhance customer loyalty. Source: “Tech in Asia” – https://www.techinasia.com.

How to Sustain a Lean Culture in Manufacturing & Supply Chain

GlobalTranz

These metrics would, of course, be aligned and are updated every hour. The metrics are also manual as automatic metric systems cannot retrieve the information at an hourly frequency as these metrics are process inputs and not outputs. Next, you would have management supporting this effort during their daily Gemba walk, reviewing these hourly metrics. Specific metrics: process metrics and outcome metrics.

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ERP Aids Your Sustainability Initiatives

QAD

Sustainable manufacturing refers to the ability to manage manufacturing operations “in an environmentally and socially responsible manner,” according to the Organization for Economic Cooperation and Development. Sustainability Objectives for Manufacturers.

Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

SUMMARY: Because 4PL providers handle a company’s entire chain, including challenges that are thrown up by advances in technology, they are increasingly being favoured over third-party logistics (3PL) providers, especially by big companies with complex supply chains. Healthcare Logistics.

The Magic Bullet for Real-Time Supply Chain Collaboration? Cloud Visibility.

synchrono

Jessica Twentyman reported in the Financial Times , that for many manufacturers, supply chain collaboration is stuck in the dark ages. When it comes to ordering materials and components, managing inventory levels, or organizing the delivery of finished goods to customers, companies are forced continually to chase business partners – mostly suppliers, logistics companies, and retailers – via a messy stream of emails, phone calls, and even faxes.

Guest Post: Ignoring this Performance Metric is Risky

TMC

For instance, when a disaster such as a hurricane, a labor strike, or a bankruptcy disables key suppliers, quick-moving enterprises are able to lock in alternative sources of supply before their rivals. There is growing interest in incorporating weather forecast data from a variety of sources into supply chain planning. When Cisco saw news of wildfires in Colorado in 2012, it wasn’t concerned, because it had no manufacturing or suppliers in the area.

7 Incredible Benefits of Cloud-Based Logistics Management

GlobalTranz

In the below article I propose to have a look at the main benefits and advantages of the cloud-based logistics management. Each industry has its peculiarities, among the others, in the logistics, manufacturing, and supply. It incorporates your resources from every stage of the logistic process in the real-time. The cloud-based logistics is a “pay-per-use” model. The cloud-based logistics grants a more realistic assessment of the company’s ability to perform.

Real-Time Monitoring Fuels IoT Growth In Manufacturing

IQMS

72% of manufacturers say real-time monitoring is essential for streamlining and making inventory reconciliation more efficient. Manufacturers in the high-performance cohort captured in our latest survey are using real-time monitoring to aggregate metrics and gain a 360-degree view of manufacturing operations accessible from any mobile or handheld device. Source: Capgemini Internet of Things (IoT) study, Unlocking the business value of IoT in operations.

Director Of Logistics: Job Description & Salary

ShipBob

To thrive in a competitive ecommerce marketplace, businesses need streamlined supply chains that deliver on customers’ expectations — and to achieve that goal, you’ll need experienced logistics professionals. What is a director of logistics? Prerequisites for a Director of Logistics.

Podcast: Rob O’Byrne on Digital Transformation, Sustainability, and Diversification in Sourcing

Requis

Supply chain and logistics consultant, educator, and podcast host Rob O’Byrne has over 40 years of supply chain experience. He has been helping companies design more profitable supply chains for over 25 years, most of them as founder and CEO of Logistics Bureau.

Uh-Oh! Insights On How P&G Failed And What This Means For You

Supply Chain Shaman

At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. For the purpose of this article, I will use Return on Invested Capital (ROIC) as the proxy metric to discuss asset utilization.)

Report from Food Marketing Institute Highlights CPG Logistics Challenges

Zipline Logistics

The past 12 months have been a year unlike any other for suppliers and providers in the CPG logistics world. The study analyzed supply chain performance at manufacturers, wholesalers, and retailers throughout 2020. COVID’s Effects on CPG Logistics .

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What’s the Difference Between Direct vs Indirect Procurement?

ivalua

There are, in fact different phases of procurement value creation that tie into the Source-to-Pay process: . Creating Value occurs when sourcing and procurement uses relevant sourcing processes and tools to engage and select the best fit supplier. What does Procurement mean?

How Many Slaves Are in Your Supply Chain?

Talking Logistics

The law requires “retail sellers and manufacturers doing business in the state [with over $1 million $100 million in annual worldwide gross receipts] to disclose their efforts to eradicate slavery and human trafficking from their direct supply chains for tangible goods offered for sale, as specified.” appeared first on Talking Logistics with Adrian Gonzalez.

This Week in Logistics News (July 15-19, 2013)

Talking Logistics

XPO Logistics to Acquire 3PD, the Largest Provider of Heavy Goods, Last-Mile Logistics in North America. Here are some additional details from the press release: Data Services data sets will include mode-specific transportation costs and transit times, facilities cost estimates, demographics, risk metrics, duties and taxes, sustainability metrics and others.

Using Logistics Data to Improve CPG Supply Chain Performance

Zipline Logistics

Logistics data has taken a front seat at forward-thinking CPG brands due to its ability to drive impactful and profitability-focused decisions in all facets of the supply chain. In this ebook, you will learn how data can be used to identify efficiencies and make logistics improvements.

4 Strategies to Improve Supply Chain Efficiency for Manufacturing Business Owners

Unleashed

Manufacturers typically perform planning, sourcing (finding suppliers), making (manufacturing), delivering and returns. Below we outline four strategies to improve supply chain efficiency for manufacturing business owners. More successful manufacturers make a commitment to scheduling periodic and effective meetings to give their team members an opportunity to address upcoming logistics situations in advance.

FreightWaves Classics: Fallen Flags – Southern Pacific Railroad

The Supply Chain Journal

The TOFC business began in 1953, and was transitioned to container-on-flatcar (COFC), or intermodal, which was a major source of traffic and revenue in the 1980s and 1990s.

Reverse Logistics: What is it, and Why is it So Important?

Unleashed

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. Today, reverse logistics can no longer be an afterthought for manufacturers, but is instead an integral part of supply chain planning.

Selling on Shopify for Beginners: Sourcing, Designing, and More

ShipBob

Source your products. Before you build an online store, you need to source your products. One of the key ways to succeed in online selling is by finding an affordable and reliable manufacturer or supplier. Get a logistics partner.

Part 2, Insights from the 2021 Logistics Executive Survey: The New Normal of Logistics

BlueYonder

Our recently launched 2021 Logistics Executive Survey aims to seek out the “New Normal of Logistics.” The survey tracks the pulse of the market as logistics operations are emerging from the COVID-19 pandemic to periods of adjustments, redefinition, and eventually a new equilibrium.

How to Become a Lean, Green Manufacturing Machine

GlobalTranz

Lean and green are not only trendy topics, but they also make good business sense, especially for manufacturers. However, since both concepts have been saddled with a lot of hype, manufacturers have tended to shy away from pursuing these goals. In it’s purest form, lean manufacturing is about eliminating waste and increasing quality and consistency — despite the pundits who insist you can be lean only if you can spell and pronounce words such as kaizen, kanban and heijunka.

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Sustainable Logistics Practices Can Serve as a Differentiator for CPG Brands

Zipline Logistics

Sustainability is an often-discussed concept that can be a reliable source of differentiation for CPG manufacturers. Now, when most think of sustainability, they think of ethical sourcing or environmentally friendly packaging. What a Sustainable Logistics Partner Looks Like .