Which Supply Chain Metrics Matter the Most?

Talking Logistics

When it comes to supply chain and logistics, figuring out the right approach to measuring performance is a challenge. Assuming you can start with a clean slate, are there any guiding principles to selecting the “right” metrics? One is they have way too many 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? 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction.

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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. What Distribution Center Metrics Need Tracking?

Your supply chain is costing you money – Reason #9: Relentless pursuit of one metric at the expense of other metrics.

Kinaxis

Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Reason #3 Not having end-to-end supply chain visibility. Reason #4 Making key decisions by modelling the supply chain in Excel.

Why You Should Embed Customer Service Metrics in Your Supply Chain

Speaker: Irina Rosca, Founder, sustainSCM and Director of Supply Chain and Customer Success Operations, Helix OpCo

Across industries, 81% of all customers attempt to take care of matters themselves before reaching out to a live representative. When there is so much information in customer feedback, why do supply chain managers leave such expensive insights on the table? Supply chain touches the product from conception until it arrives in the hands of the customer, and sometimes through the recycling process. Join Irina Rosca, Director of Supply Chain and Customer Success at Helix as she walks through the key questions to connecting the supply chain with the voice of the customer.

Wanted: Supply Chain Architects!

Supply Chain Shaman

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. Figure 1: Definition of the Supply Chain Organization.

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

Cerasis

While conventional logistics optimizes the flow of goods from producer to consumer, reverse logistics manages the processes for inverting that flow to deal with returned parts, materials and products from the consumer back to the producer. is used in the reverse logistics process.

Overcoming Complacency: How to Drive Even More Supply Chain Metric Success

Talking Logistics

The four key methods here will help you drive more success as you bring the metrics to life on your warehouse floor: 1. Show the “story” of your metrics with quarterly and yearly growth charts; show how far you’ve come as a team over time. While most metrics stop at the output level, multiple layers of metrics in a Hoshin Plan actually determine if you’re even focusing on the right targets. A sense of complacency can lurk behind benchmarks.

[e-Book] The Ultimate Guide to Manufacturing, Supply Chain, Logistics, Transportation, & Freight Metrics & KPIs

Cerasis

Take a look at how a business can use technology, metrics, and services to improve transportation processes, which range from supplier shipping to route optimization. We hope you enjoy this comprehensive look into data, business intelligence, metrics, and the CORE KPIs every shipper and manufacturing or supply chain professional should know in order to continually improve business practices and reduce overall costs.

Editor’s Pick: 6 Warehouse Metrics You Can’t Afford to Ignore

Talking Logistics

Note: Today’s post is part of our “Editor’s Pick” series where we highlight recent posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. This post from PINC’s blog highlights six warehouse metrics that all companies should be tracking, monitoring, and acting upon.

Top 5 Metrics & Benchmarks To Measure In Pickup & Delivery Logistics

Abivin

Managing your business operations would be challenging without proper metrics and data analytics. This statement is specifically true in Logistics, which involves supply chain and transportation. This metric is generally measured in total and for each carrier.

So Many Metrics, Which Ones Matter the Most?

Talking Logistics

When it comes to supply chain and logistics metrics, companies are either tracking too many of them or they have so many metrics to choose from that figuring out the right approach to performance measurement is a challenge. Are there any guiding principles to selecting the “right” metrics? What metric categories beyond cost and service are also important? The post So Many Metrics, Which Ones Matter the Most?

The importance of reverse logistics in your supply chain network

Kinaxis

by Iman Niroomand Reverse logistics is defined as the process of moving goods beyond their typical final destination for things like re-use, capturing value, or proper disposal. In supply chain networks, materials flow from suppliers through to end customers.

Public Markets Reward Supply Chain Alignment

Supply Chain Shaman

Today, I am proud to launch the Supply Chain Index. It is my hope that the readers of this blog will take time to either join us today to listen to the launch of the Supply Chain Index on our webinar or listen to the replay. (We Supply Chain Performance Matters.

Digital transformation in the life sciences supply chain – show me the data

Kinaxis

by Bill DuBois The life sciences supply chain starts with a miracle. Everything we talk about in supply chain starts with discovering that product you can market and sell. From a supply chain perspective, it reminds me of variable lead times.

Supply Chain: The True Game of Risk

Supply Chain Shaman

For the supply chain leader it is not a game… The stake is business continuity. Gamers do well in the world of supply chain. Designing value networks and managing what-if conditions is fundamental to managing supply chain risks.

Embracing the Digital Supply Chain

Supply Chain Shaman

As I drank a cup of coffee and waited, I reflected on the article I had just completed for the Institute of Supply Management. At their request I wrote on the digital supply chain. Digital supply chain is such a buzzword. Traditional supply chains do not sense.

Supply Chains to Admire: 2016 Results

Supply Chain Shaman

This morning, we announced the Supply Chains to Admire Winners and Finalists for 2016. Selfishly, we need standard for our research, but we also want to help supply chain leaders gain new insights from a deep data-driven analysis. Five months of analysis.

Multi-Industry Supply Chain Challenges

Kinaxis

by Alexa Cheater Our own Trevor Miles , VP of Product Innovation and Thought Leadership, had the chance to sit down with Bob Ferrari of Supply Chain Matters to talk about multi-industry supply chain challenges.

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.

5 key metrics for last-mile logistics

Abivin

Characteristics like smaller volumes of deliveries and numerous destinations make last-mile logistics a strenuous work to every manager. It is not an easy task, but thanks to the 5 key metrics below, we can better manage the performance of this last mile supply chain.

Collaboration in supply chain management is key

Kinaxis

There were some interesting ideas that came out of this study, like how collaboration in supply chain management is key to success. “The supply chain cannot be integrated unless the end-to-end supply chain activities that must be integrated are fully understood.”

Top 5 Metrics & Benchmarks To Measure In Pickup & Delivery Logistics

Abivin

Managing your business operations would be challenging without proper metrics and data analytics. This statement is specifically true in Logistics, which involves supply chain and transportation. This metric is generally measured in total and for each carrier.

Metrics and Issues to Consider in SQM (Supplier Quality Management) By 5 Big Industries

Cerasis

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Review of SQM Metrics and Issues Across 5 Core Industries. #1:

Supply Chain Spotlight on Mexico: Takeaways from Logistic Summit & Expo 2015

Talking Logistics

As I wrote last October, all signs point to Mexico playing a greater role in supply chains , as companies across a variety of industries grow their presence in the country, either manufacturing in Mexico or growing their supplier base there.

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The changing role of IT organizations in supply chain management

Kinaxis

As I was reading the book, I couldn’t help but reflect on my own experience of working with IT organizations over the last two decades I have been in the supply chain business. As the market valuation of these supply chain planning pioneers skyrocketed, the inevitable happened.

The Trends Shaping Supply Chain and Logistics: Takeaways from Descartes Evolution 2017

Talking Logistics

Drones and its future in supply chain and logistics processes. Logistics Excellence: Now & in the eFuture. Over the past decade, Descartes has acquired 35 companies and has evolved into a technology platform company, with its Global Logistics Network as the foundation.

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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 ).

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.

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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What Supply Chain Data Should I Track in 2020?

Veridian Solutions

Supply chain data management requires attention to detail and a mechanism in place that provides analytics, or insights, to gain actionable knowledge. Challenges in Tracking Supply Chain Data in 2020. The value of data increases in the quest for supply chain efficiency.

Data 56

Executing Customer-Centric Supply Chain Strategies

Supply Chain Shaman

Included in this post is Cummins’ digital award for the 2016 Supply Chains to Admire. I want to understand why some companies outperform on the Supply Chain Metrics That Matter while others do not. The Customer-Centric Supply Chain Strategy needs both.).

5 New Year’s Resolutions for Supply Chain & Logistics Executives

Talking Logistics

If you’re a supply chain or logistics executive and you’re looking for ways to improve as a leader this year, here are my five recommendations: 1. Supply chain management is risky business — and the risks are growing every day. Simply put, many companies are still falling short on supply chain risk management , and they continue to pay the price. whenever you’re discussing supply chain strategy or decisions.

Beyond Operational Metrics: Why Measuring Employee Interpersonal Performance is Also Important

Talking Logistics

Companies spend a lot of time and energy measuring operational metrics, the “what” of supply chain performance, but they generally fail to measure the “how” aspects of performance –i.e., Tweet The post Beyond Operational Metrics: Why Measuring Employee Interpersonal Performance is Also Important appeared first on Talking Logistics with Adrian Gonzalez.

Defining Supply Chain Excellence: One Column at a Time

Supply Chain Shaman

You are pissy and opinionated in this world of supply chain blandness. The term supply chain excellence is easier to say than define. I have been trying to define it as a supply chain analyst for over fifteen years. The Supply Chain Index.