5 More Reverse Logistics Metrics to Track

Cerasis

Companies across the globe have taken note of the value of big data analytics in logistics and how tracking key performance indicators (KPIs) and core metrics can dramatically affect supply chain performance. As explained by Performance Magazine, improvement measurement.read More.

Supply Chain and Finance: Shared Metrics Drive Business Success

Tecsys

In the January-March 2018 issue of APICS magazine, APICS CEO Abe Eshkenazi contends that if supply chain leaders bring business success then that makes them business leaders. The post Supply Chain and Finance: Shared Metrics Drive Business Success appeared first on Tecsys. Mr. Eshkenazi goes on to state “organizations that consider their supply chains as strategic and competitive assets outperform the market”.

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Showcase Your Company's Supply Chain Excellence — Three Days to Submit

Supply Chain Brain

After the Conference, the case studies (not the presentations) are uploaded to CSCMP and SupplyChainBrain websites; featured in a special end-of-year SupplyChainBrain magazine issue; and presented via video interviews posted online. The Supply Chain Innovation Award™ is a collaboration between CSCMP's Research Strategies Committee and the independent SupplyChainBrain portal and magazine.

The “First Five” Industrial Manufacturing Trends of 2017

Cerasis

However, the limitations of company-specific ERP systems are starting to stifle manufacturing capacity, so manufacturers will need to look for new systems, including software-as-a-service (SaaS) offers to stay competitive, explains Mark Humphlett of Manufacturing and Business Technology magazine. This will lead to the creation of more metrics and business-intelligence tools to help improve manufacturing operations. Actionable Metrics Will Enhance Operations, Reducing Costs.

Reimagine Supply Chain of the Future – agile, resilient, and balanced – LogiSYM July 2020

The Logistics & Supply Chain Management Society

To create flexible and balanced supply chain organisation, it is necessary to integrate strategy, processes, metrics, and technology enterprise wide and across customers, suppliers, and service providers. LogiSYM Supply Chain Magazine – July 2020.

Digital Transformation in Supply Chain Planning: Barrier or Enabler?

ToolsGroup

” After studying all the findings, there are two points that stand out to me: First, digital transformation is not a singular activity but a set of interrelated activities that span across the People, Process, Technology, Policy, and Metrics. Study shows most companies are still formulating and gaining support for a digital strategy, and fear of change is the biggest roadblock. By George Fowler, group vice president, Spinnaker Supply Chain.

Do People Skills Matter in the World of Logistics?

The Logistics of Logistics

According to Supply Chain Quarterly , Quarter 4, 2011 issue: “Supply chain scorecards typically focus on operational metrics. ” Further, according to Fast Company magazine, July 2015: “While automation can replace many routine tasks and while customers are increasingly willing to buy direct with or without the aid of a salesperson, the human touch is still critical. How you develop your sales team has a big impact on your logistics business.

Supply Chain Leadership Driving Industry 4.0 & Resilience During Crisis – LogiSYM July 2020

The Logistics & Supply Chain Management Society

LogiSYM Supply Chain Magazine – July 2020. Whilst the COVID-19 pandemic spreads across the world, it is vital for organisations to ensure a reliable supply of products and services. Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains.

Supply Chain Analytics: A Continued & Renewed Focus on Using Data for Improvement

Cerasis

As explained by Supply and Demand Chain Executive magazine, one of the primary ways an organization can meet this demand is by setting a performance review for suppliers. Such reviews rely on key performance indicators and metrics to determine what step of the distribution center-to-retailer route experienced an unnecessary delay, causing the given item to perish.

Arriving Just in Time – Advanced Transportation Logistics Scheduling

Supply Chain Collaborator

These three headlines from Transport Topics and Food Shippers of America magazine tell the story of one of the most important challenges facing shippers in North America leading into 2018. The bellwether metric – spot rates – are pegging the meter. The biannual Fall/Winter 2017 edition of Food Shippers of America magazine includes an article sharing the solution to these challenges. “Spot Market Freight Indices Continue Surge to Three-Year Highs”.

WMS Selection: What Drives an Investment in a Warehouse Management System? 5 Considerations

Cerasis

Furthermore, track the return on investment (ROI) of the system with KPIs and metrics. A 2002 Material Handling and Logistics magazine article cited multiple problems with WMS implementation. The demand for seamlessness in omni-channel supply chains increases more as time progresses. Companies are looking for ways to stay competitive and meet the demands of their customers.

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Our Latest ‘Pro to Know’ Shares Supply Chain Insights

Kinaxis

by Alexa Cheater We’re thrilled to have yet another Kinaxis team member join the ranks of those recognized by Supply & Demand Chain Executive magazine as a ‘Pro to Know’. Some of the primary challenges supply chains will face are increased complexity, lack of visibility into key metrics, and the growing need for segmentation. Metrics Visibility: Going hand in hand with increasing complexity is the need to properly manage and monitor key performance metrics.

Top 5 Trends to Know to Compete with Amazon’s Supply Chain

Cerasis

Today, procurement drives up to 67 percent of sales, explains Johnathan Webb of Forbes magazine, as procurement professionals look for innovative ways to produce effective, superior products. In other words, accessibility and personalization allows warehouse managers and staff members to define metrics relevant to new products and current operations, test new processes and effectively manage the flow of goods.

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Cloud-Based TMS: 7 Reasons Why Transportation Management Systems Have Their Heads in the Cloud

Cerasis

Yet, deploying a cloud-based TMS in your company levels the playing field, so businesses of any size can take advantage of unique, possible discounted rates in carrier selections and accessorial features, reports Bridget McCrea of Logistics Management magazine. For the applications of a TMS, the connected nature of the cloud uses real-time data in algorithms and cross-sectional analyses to define the most elusive of metrics and key performance indicators ( KPIs ).

What is Supplier Diversity?

Supply Chain Game Changer

Business Equality Magazine states that “Supplier Diversity has its roots in the American Civil Rights legislation of the 1960s. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Manage Procurement Spend Like It’s Your Own Business!

The End of a Fairy Tale. Part 2.

Supply Chain Shaman

Year after year, well intentioned people toiled against improving metrics that reduced, not improved, the effectiveness of the supply chain. So, to hold up Apple and Amazon as points of light to help companies go forward is a bit like saying that Lora Cecere will be the February Cover Girl model on Vogue magazine. Metrics comparison of Kellogg Co. Usually in a fairy tale there is a big, bad wolf… or a hairy monster. One that is going to eat you up!

Why Have We Not Reduced Inventory?

Supply Chain Shaman

While I could get two to five years of data from the Hackett studies done for CFO magazine, I did not have the ability to look across time, test it against macroeconomic factors and supply chain maturity. Ownership of Inventory as a Metric. In High-tech, there is greater ownership of the “inventory metric” across the organization. “If only I had the money that the company was supposed to save from the multiple ERP and supply chain projects.

Measuring Scholarly Impact

SCM Research

In the current issue of BizEd Magazine, Sharon Shinn delivers a detailed description of the problems associated with measuring scholarly impact. She concludes: “Tenure-track faculty continue to absorb responsibilities that take time away from conducting research, but the number of A-journal publications is still the primary metric that is considered in faculty evaluations. Metrics are really useful in support of decisions. “Everything has to be measurable!”

5 Best Practices for Transportation Managers Considering Logistics IT Solutions

Supply Chain Collaborator

191 qualified global logistics practitioners were surveyed in 2015 by American Shipper magazine for their seventh annual benchmark study of transportation management. American Shipper advises transportation managers to: 1) Work towards achieving visibility across all modes with an emphasis on the application of metrics to reinforce the value of visibility to all stakeholders in the organization. Sure, cost is a valuable metric for gauging success.

Top 10 Supply Chain Innovations of 2018

Material Handling and Logistics

In that spirit, we’ve combed the MH&L archives for the most innovative supply chain developments of the past year, as reported in our print magazine, on our website, in our e-newsletters, or our various social media channels. The retail giant plans to take out 50 million metric tons (MMT) by 2030, which is equivalent to the emissions associated with the average annual electricity consumption of 40 million Chinese households.

Irfan Khan Accepted Into Forbes Technology Council

Bristlecone

Criteria for acceptance include a track record of successfully impacting business growth metrics, as well as personal and professional achievements and honors. “We Magazine. Forbes Technology Council Is an Invitation-Only Community for World-Class CIOs, CTOs, and Technology Executives. San Jose, Calif. –

S&OP, a vision for the future. The expert interview series #1

Supply Chain Trend

These leaders all have 20+ years S&OP experience and published books, whitepapers and articles in renowned magazines. Also, building in S&OP process metrics, not just business operating metrics is critical to success. Also, to make the process work best, the organization needs to utilize a continuous improvement mentality, identifying process metrics to assure that S&OP is functioning well. Introduction.

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The PERFECT REASON to Implement Supply Chain Logistics IT Solutions Today

Supply Chain Collaborator

The savings range projections referenced above were derived from research performed by ARC Group and Inbound Logistics magazine. Without a solid solution in place, transportation departments only get a look at this kind of metric at the end of the 30 day reporting period. If ever there was a perfect time to engage a logistics IT solution like TMS, Optimizer or Yard Management tool, it is now.

S&OP, a vision for the future. The expert interview series #3

Supply Chain Trend

These leaders all have 20+ years S&OP experience and published books, whitepapers and articles in renowned magazines. So what I think is missing is both its positioning as a strategic alignment activity, one that needs to continue right down to the point that the customer successfully receives their order, and the alignment of metrics and behaviours to support the plan’s execution. Introduction. In the last 30 years S&OP improved performance in many businesses.

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Food Recalls and WMS: Benefits of Recall Functionality in a Warehouse Execution System

Veridian Solutions

The Extensive Damage of Food Recalls on the Supply Chain According to Wayne Labs of Food Engineering magazine , a recent study found potential costs associated with a single food recall may average $10 million, excluding lost sales and profits. A Guide to the Warehouse Metrics Supply Chain Execs Should Track. The threat of food-borne illness marred the 2018 Thanksgiving holiday.

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A Global Push for R&D

Synovos

It’s all based on a new index from The Economist magazine. The index looked at several metrics, such as: the environment for innovation, education policies, and labor policies. Planning for the disruption and technological advances that will change your company and change your industry segment is never easy. When it comes to automation and AI, this report from SDDigest examines how ready 25 countries are for the new era. See What Countries are Most Ready for Robots and AI? ).

KPI Key Performance Indicators in Supply Chain & Logistics

Logistics Bureau

I’ve literally seen KPI “packs” the size of phone books, and even KPI sets circulated as a monthly magazine… that no one reads. 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. There is really nothing wrong with capturing a lot of metrics, especially with today’s powerful analytics software solutions to help.

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Five Steps to Seamless Omni-Channel

Supply Chain Nation

JDA’s own Vishal Dhawan and Vivek Wikhe recently contributed an article to STOrai, the magazine of the Retailers Association of India, to provide some guidance and advice for retailers on the omni-channel journey. The article is excerpted below, and you can download a copy of the magazine by visiting [link]. The important element is to exhaustively identify metrics which need to be tracked by the testing teams and help in continuous learning process.

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Food Recalls and WMS: Benefits of Recall Functionality in a Warehouse Execution System

Veridian Solutions

According to Wayne Labs of Food Engineering magazine , a recent study found potential costs associated with a single food recall may average $10 million, excluding lost sales and profits. A Guide to the Warehouse Metrics Supply Chain Execs Should Track. The threat of food-borne illness marred the 2018 Thanksgiving holiday.

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Cloud-Based TMS Helps Develop Sustainable Relationships in Transportation Logistics

Supply Chain Collaborator

The June issue of American Shipper magazine published an article by Cook on developing sustainable relationships which this blogger found to be compelling because most of the advice his piece provides can be realized via the use of good, cloud-based TMS software. Best in class solutions enable carriers to monitor their own performance with respect to key metrics like on-time delivery and others leaving no question about their relative value to the shipping organization.

What Entrepreneur Media Wouldn’t Publish about ThroughPut: Why Industrial Operations Bottleneck Elimination is the World’s Greatest Mission

ThroughPut

So when Entrepreneur Magazine approached us to contribute a piece focusing on bottlenecks, I thought this was finally the stage to reveal the real purpose of ThroughPut. This is what ended up getting published in Entrepreneur Magazine. Time: I would look at business flow metrics more closely, and clearly assess if the numbers I am seeing are in line with industry standards. This article was originally published in Entrepreneur Magazine.

E-commerce and the Digital Path to Purchase

Enterra Insights

By every big-picture metric, social media and ecommerce should be a match made in heaven. 2] Staff, “ Special Digital Magazine Issue: The evolution of E-commerce ,” Logistics Management , 19 February 2019. [3] Retailers have always been curious about the paths consumers take when they decide something needs to be purchased. Historically, when consumers needed something, they made their way to a bazaar, a marketplace, or a shopping center.

Supply Chain Case Study: the Executive's Guide

Supply Chain Opz

Cisco Systems would like to be the brand of customer choice so they implement a very comprehensive supply chain risk management program by applying basic risk mitigation strategies, establishing appropriate metrics, monitoring potential supply chain disruptions on 24/7 basis and activate an incident management team when the level of disruption is significant. Library Prime Storage is the area dedicated for book/magazine.

The Current State of Bottleneck Management and What Companies Need to Do to Improve

ThroughPut

This article was originally published in Entrepreneur Magazine. Time: I would look at business flow metrics more closely, and clearly assess if the numbers I am seeing are in line with industry standards. This article was originally published in Entrepreneur Magazine. Let’s start with why ThroughPut exists, rather than talk about what ThroughPut does, or myself.

Reducing Survey Fatigue with Smart & Scalable Supply Chain CSR Solutions

EcoVadis

Simple – because price, quality, and on-time delivery have universal metrics, and sustainability does not (yet). On-site audits can help, but these entail their own set of challenges (see this recent Forbes magazine article ). In the recently released EcoVadis/HEC Sustainable Procurement Barometer , 97% of organizations surveyed consider sustainable procurement important or critically important. It is clear that mass adoption of sustainable procurement has arrived.