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? Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction.

Use Simulation Planning to Predict Future Supply Chain Performance

Logistics Viewpoints

What if you could accurately predict how your supply chain will perform in the future? The post Use Simulation Planning to Predict Future Supply Chain Performance appeared first on Logistics Viewpoints: A Blog for Logistics, Supply Chain, and 3PL Executives. Guest Commentary Supply Chain Network Design Supply Chain Optimization Supply Chain Planning

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How Artificial Intelligence is Boosting Supply Chain Performance

Logistics Bureau

A slew of new digital technologies is disrupting supply chain operations, but none is having more of an impact on the industry than artificial intelligence (AI). Other Uses for AI in the Supply Chain.

Want to Improve Supply Chain Performance and Profitability?

OneSCM

Acknowledge and Address the (Real) Root Cause of Your Supply Chain Data Silos. In a well-optimized supply chain ecosystem, information flows in all directions, as well as to and from suppliers. However, supply chains inherently rely on many different links in the chain and, therefore, different business systems are in use (ERPs, WMS, TMS, etc.). Manual process reliance, also makes it very difficult to track supplier performance.

Want to Improve Supply Chain Performance and Profitability?

OneSCM

Acknowledge and Address the (Real) Root Cause of Your Supply Chain Data Silos. In a well-optimized supply chain ecosystem, information flows in all directions, as well as to and from suppliers. However, supply chains inherently rely on many different links in the chain and, therefore, different business systems are in use (ERPs, WMS, TMS, etc.). Manual process reliance also makes it very difficult to track supplier performance.

What role should logistics providers play in supply chain performance and benchmarking?

The Network Effect

Visibility of the potential value locked in the current environment is a key driver in a supply network transformation and is being provided by today through cloud-based network platforms. The idea is to provide departmental workbenches which show not only the departmental performance as we see with most systems, but also display the effect of dependencies and actions taken in other departments or across customers or trading partners.

How to Measure Supply Chain Performance

Material Handling & Logistics

All companies need to employ a performance measurement system to organize and manage their supply chain metrics. The absence of a cohesive framework to house metrics greatly increases the likelihood that a company’s performance measurement system (PMS) will provide inadequate management support, and that resources will be wasted developing duplicative, unaligned and even conflicting metrics. between 10 and 25) that monitor overall corporate performance.

Global Trade Networks: Reaching the Next Level of Supply Chain Performance

Talking Logistics

There’s a growing discussion today about how companies need to look at the various processes that have historically been called supply chain management through a different lens — namely, a global trade network lens. What’s the difference between the traditional supply chain model and a global trade network model? The Global Trade Network model is very different altogether,” said Doug Surrett, Chief Product Strategist at Kewill in a recent episode of Talking Logistics.

Changing Your Perspective to Measure Supply Chain Performance

Logistics Bureau

Why measure the performance of a supply chain? Because a supply chain is increasingly the sole competitive differentiator for an enterprise, and measuring its performance helps to improve it and detect and solve any problems. However, traditional enterprise measures of performance do not work for supply chains. To paraphrase a saying, the road to supply chain hell is paved with good intentions and bad metrics.

Who Should Be In The Winner’s Circle?

Supply Chain Shaman

The topic of the meeting was the logistics to launch of the AMR Research Top 25. When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. Orbit Chart of Lenovo Performance Against Peer Group.

5 More Reverse Logistics Metrics to Track

Cerasis

Across returns supply chains—a core component of reverse logistics—the need to improve performance has never been higher. As explained by Performance Magazine, improvement measurement.read More. Key Performance Indicators Reverse Logistics reverse logistics metric

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. For this case study we interviewed Ralf Busche, Senior Vice President of Global Supply Chain Strategy and Performance. Performance.

Improving Supply Chain Performance by Focusing on Daily Improvement

Inbound Logistics

When first engaging in a partnership, shippers and their logistics providers identify a desired outcome and work collaboratively to deliver on those promises. In order to achieve the desired ROI and deliver on the promises made during the sales process, both parties need daily activities to align with that objective

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. I knew nothing about the world of logistics, inventory management and order optimization. Much to my chagrin, when I entered into the world of supply chain, the processes of source, make and deliver were usually not designed.

Top Ten Tips to Boost Supply Chain Performance to Best in Class

Logistics Bureau

Here are my top 10 tips to boost your Supply Chain performance towards Best in Class. OK, why do so many organisations struggle with the same old Supply Chain Challenges? I’ve been working in Supply Chain for over 40 years, and consulting for the last 25, and I see many organisations still struggling with the basics. Perhaps the quality of Supply Chain training and education is not what it used to be? Articles Supply Chain

Pursuing a Career in Logistics and Supply Chain

Logistics Bureau

The truth be told, the supply chain management profession is extremely broad and the range of jobs in the industry is vast. Supply Chain Planner: A manager whose main responsibility is to analyse a company’s supply chain performance. Logistics Manager.

Assessing Freight Sustainability

Maine Pointe

Mike Notarangeli, Maine Pointe’s EVP Logistics, discusses why freight sustainability has often become the key to retaining existing business and gaining new business. Logistics Sustainability Supply Chain Performance

What Does “1+1=3” Really Mean with Supply Chain Technology?

Logistics Viewpoints

Stepping Out of Paradigms Dictated by Technological Limitations of the Past One of the biggest opportunities to dramatically improve supply chain performance occurs when traditional supply chain functions are decomposed and reinvented as integrated business processes. Few supply chain practitioners would dispute that notion.

Supply Chain and Logistics Resolutions for 2017: 4 Things to STOP Doing This Year

Talking Logistics

Three years ago, I wrote a popular post highlighting “ 5 New Year’s Resolutions for Supply Chain and Logistics Executives.” But technology won’t solve your supply chain problems or help you improve unless you also address the most common culprits of poor supply chain performance: poor data quality, lack of resources and training, lack of metrics and accountability, and poor communication and collaboration with trading partners (see resolution #3 below).

Technology Partnerships that help you maintain a high performing Supply Chain

The Logistics & Supply Chain Management Society

What does supply chain performance mean and how can technology partnerships help you achieve this? It’s all about finding the right partner who truly understands your supply chain and provides solutions to achieve your business objectives, regardless of the size of the partner.

SCM Technology Investment – INFORMS Provides Critical Information for Success

Arkieva

Before the current set of analytics and SCM experts, it was the OR/MS profession that drove the development and successful application of analytic and data methods to improve supply chain performance.

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White Paper Supply Chain Performance Management

Supply Chain Digest

Global Logistics. Green Supply Chain. Lean Manufacturing/Supply Chai. Retail Supply Chain. Supply Chain Agility/Flexibili. Supply Chain Network Design. Supply Chain Optimization. Supply Chain Risk. Supply Chain Strategy. Supply Chain Visibility. Wireless in Logistics. Lean Logistics. Search Supply Chain Videocasts. Supply Chain Digest Home |.

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 The Supply Chain Index has been two years in the making. As I sat at my kitchen table, I reviewed spreadsheet after spreadsheet of corporate performance data on supply chain financial ratios.

Supply Chain Design

LeanCor

What is Supply Chain Design? What is supply chain design? For many in the field of supply chain and logistics, supply chain design is the rudimentary step in understanding how a product or service is altered from raw materials into a finished product in the hands of the final customer. When a firm begins a new product or incorporates a new supplier, a new supply chain has begun. Or should the supply chain be agile?

A Connected Supply Chain is Essential in Today’s Environment

QAD

This is especially true in the area of supply chain operations. Business Disruption in the Supply Chain. We’ve heard the recent stories where supply chain performance plays an increasingly important role in a period of business disruption.

The Why, What and How of Supply Chain KPIs

Logistics Bureau

Supply Chain KPIs is the most popular topic on our Supply Chain Blog, LinkedIn, Youtube channel and on any social media accounts we have! So, we will share a recorded 1-hour webinar, all about Supply Chain key performance indicators.

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Adexa IBP, Why So Unique!

Adexa

However most companies, if not all, who offer only S&OP solutions have no capability to produce short term plans which are accurate enough for execution, they have no factory planning capability, most have no capability to perform true ATP/CTP, and cannot integrate with PLM and MES to be able to produce real-time response to events. The higher levels perform search and optimization at the supply chain network level creating guide posts for the lower levels of planning.

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Maritime and Container Logistics: Who Will be the Catalysts to Drive Total Value Optimization?

Maine Pointe

Mike Notarangeli, is EVP, Logistics at Maine Pointe and a former Executive Director for the Semiconductor Manufacturing Global Council at RosettaNet / GS1 US. Logistics providers, Beneficial Cargo Owners (BCOs), solution providers, and other members of the maritime logistics ecosystem came together to discuss important topics that will affect the industry in the near term and into the future. Logistics Sustainability Supply Chain Performance

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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. I am enlisting their support to share their stories in podcasts, blog posts and at the Supply Chain Insights Global Summit on September 6-9. All too often supply chain leaders are good at high level vision, but weak at connecting the vision to execution.

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. As a veteran of the go-go days of the hype cycle of Advanced Planning, I advocated that better planning improves corporate performance. The Supply Chain Index. Supply chain leaders want to deliver excellence.

Surviving Disruptions – an opportunity for supply chains to thrive with people and technology – LogiSYM July 2020

The Logistics & Supply Chain Management Society

“Managing supply chain and logistics has never been more significant and challenging since the outbreak of COVID-19 that created a new norm with high uncertainty and enforced an inevitable shift”. Logistics and supply chain management is a rapidly evolving field.

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Supply Chain Consulting

LeanCor

Supply Chain Consulting: Distribution Network Design Case Study. The client turned to LeanCor to conduct a supply chain consulting project that developed an optimized logistics network. Ultimately, LeanCor would create a logistics network strategy based upon a data-driven, comprehensive overview of total logistics costs (including warehouse, labor, and freight). RASCI to show which facilities should perform which functions.

2016 Supply Chain Trends: 7 of 12 Trends that Will Drive Supply Chain Management in 2016

Cerasis

We kick off today a month-long focus on trends in the following categories: Manufacturing, Manufacturing Technology, Supply Chain, Logistics, and Transportation Management. 2016 Supply Chain Trends: The First 7 of 12. Today we will begin our two part series covering the 2016 supply chain trends we expect to see come to fruition in the next year. What 2016 Supply Chain Trends to you expect to see?

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Supply Chain Consulting

LeanCor

Warehouse Layout and Transfer Management: A Supply Chain Consulting Case Study. LeanCor’s supply chain consulting team was requested to develop a strategy for improving material flow and processes at the new distribution center location, without impacting head count. Overall results for the supply chain consulting project included: Unloading and putaway cycle times reduced by up to 66% . About LeanCor’s Supply Chain Consulting Services .

5 Easy-to-Use Ways to Monitor Supply Chain Health

Talking Logistics

Is the current performance of your supply chain network optimal? How do you gauge network performance, which numbers are important to you and what do they mean? 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. Metrics show how your supply chain is performing – providing they are the right ones to do the job.