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. Additionally, the use of metrics fosters positive relationships with coworkers and adherence to rulesets and best practices for the respective third-party logistics provider (3PL). What Distribution Center Metrics Need Tracking? What distribution center metrics are you tracking or are not listed here?

Sales Dashboards: 16 Metrics For Manufacturers

Silvon Software

As a provider of business intelligence and reporting solutions, Silvon has seen growing interest by our customers in creating dashboards to visualize their sales and operational performance. The more challenging part of dashboarding, however, gets down to the actual metrics that should be included as part of a performance management strategy. Today’s post focuses on Sales metrics only. Basic Sales Metrics. More Complex Sales Metrics.

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Supply Chain Dashboards – Key Metrics For Manufacturers

Silvon Software

As I mentioned in my previous post, Sales Dashboards – 16 Metrics for Manufacturers , a strategy for measuring business performance should also incorporate metrics that focus on the supply chain and other operational areas of the enterprise. Supply chain metrics and key performance indicators (KPIs) are sometimes a bit tougher to compile than sales metrics. Nevertheless, measuring supply chain performance is critical for a manufacturing concern.

5 Quality Metrics Predicting The Future Of Manufacturing

IQMS

Bottom Line: Manufacturers are reaching a new level of results in 2018 because they have clearer, more actionable insights based on real-time manufacturing and quality metrics than ever before. Quality Metrics Enable Customer-Driven Manufacturing Networks. The future of manufacturing is being written today across the millions of shop floors which have chosen to excel at analytics, metrics and Manufacturing Intelligence.

Supply Chain Metrics - Gaining Visibility in a Data-rich World

Logility

The second part of Drucker’s quote, “if you can't measure it, you can't improve it,” really brings home the importance of having the right set of metrics. In the field of supply chain management, we have created an abundance of metrics and key performance indicators (KPIs). For the past 30 years I have been involved with multiple efforts to build a set of supply chain metrics and have learned a few things along the way.

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 #9 Relentless pursuit of one supply chain metric at the expense of other metrics. Imagine that your child brings home their report card and it’s a mix of good and fair grades. Yet, these are similar instructions as what is passed down to the supply chain from executives focused on a specific supply chain metric.

Hosted Managed Services Benefits to Manufacturers

IQMS

Bottom Line: Manufacturers are opting to deploy their ERP systems over Hosted Managed Services to slash high licensing and I.T. The Covid-19 pandemic digitally transformed manufacturing faster than the most persuasive, profitable business case ever could.

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. In today’s post, Chuck will take it a step further and break down metrics and issues to look out for by 5 main industries: Pharmaceuticals. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site.

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

Cerasis

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. 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. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ).

The “First Five” Industrial Manufacturing Trends of 2017

Cerasis

Where and how manufacturers make products for Americans will change in 2017. Current industrial manufacturing trends show the new administration is pushing for reshoring among the nation’s biggest manufacturers, and new technologies are revolutionizing how companies respond to growing skepticism and scrutiny by the public and government oversight as well. Manufacturers must adapt to changing demands, or they will become nothing more than a statistic in history books.

Elephant in the Room: Thoughts on Metrics That Matter in Semiconductor and Hard Disk Drives

Kinaxis

Supply Chain Insights recently published a Metrics That Matter report covering both the Semiconductor and Hard Disk Drive (HDD) industries. Notice in the Supply Chain Insights report, there are only two HDD companies. Semiconductor is poised to consolidate, which will have huge impact on the metrics. Of course, like any industry, Semiconductor and HDD manufactures are faced with a set of unique challenges in their space that puts their supply chain at risk.

Cliff Morris | The State of Manufacturing

4WL Consulting

C3Nano is a material technology company developing and manufacturing transparent conductive films, the main component in all touch sensors used in phones, tablets, and more. Based in Silicon Valley, they’re fully scaled in California but have operations in China and South Korea, giving Cliff an up-close perspective on offshore manufacturing, supply chain, and more. The top trends impacting manufacturing in the next 3 to 5 years. The Future of Manufacturing.

Are Your Manufacturing Metrics Meaningless?

synchrono

It seems not a week goes by when I don’t hear from someone in manufacturing: “You can’t manage what you can’t measure”. Of course, there is a lot of truth to that statement, but as someone who spends all day, every day, helping manufacturers gather real-time data for better operational performance, I believe the statement is incomplete. In any manufacturing environment, delivering what you promised when you promised is good business, so measuring this metric makes sense.

Traceability In Food & Beverage Manufacturing is The Cornerstone of Quality

IQMS

Compliance and quality are the foundations all great food & beverage manufacturers rely on to create and strengthen trust with their distribution networks and customers. Traceability Is Key To Excelling At Compliance And Quality for Food & Beverage Manufacturing Companies. Traceability for food & beverage manufacturers isn’t optional anymore.

AGCO: Driving a Digital Manufacturing Transformation

Supply Chain Shaman

While many employers would have penalized the employees for tablet breakage , Peggy explored the world of wearables to enable her digital manufacturing transformation. AGCO’s culture of innovation policy deployment enabled employees to pioneer a technology solution for manufacturing. is a publicly held $7B global corporation focused on the manufacturing and distribution of high-tech solutions—tractors, harvest equipment and implements– for professional farmers.

5 Reasons Why Manufacturers Who Focus on Customer Experience Will Win

Cerasis

Manufacturers have always struggled to know their customers. Unfortunately, this means manufacturers face an even greater challenge, as more customers translate into greater use of customer service. But, our predictions’ post noted how manufacturers are having trouble with transforming customer input into responsiveness and enhancements to the customer experience. But, how do manufacturers turn their focus to the customer experience? Manufacturing

Top 10 Manufacturing Trends For 2019

IQMS

Bottom Line: The top 10 manufacturing trends reflect how manufacturers are planning to achieve their goals of revenue growth, operational improvements, digital transformation, and launching new products and services in 2019. Manufacturers who excel at orchestrating analytics, Business Intelligence (BI), quality management and real-time monitoring to improve manufacturing strategies are growing 10% faster than their peers. to manufacturing value added in 2020.

Overcoming Retailers Delivery Requirements with Data Reporting

Transplace

Overcoming Retailers Delivery Requirements with Data Reporting . For example, the Journal of Commerce recently reported, “as of April 1, 2018 shippers sending truckloads to one retailer have to deliver on the scheduled arrival date at least 85% of the time or face a penalty based on the value of the products shipped. To help meet the increasing demands from retailers put on today’s CPG shippers, Transplace has created The Weekly Supplier Performance Benchmarking Report.

Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. Reward teams for cross-functional metrics. We like the metrics of growth, on-time and in-full orders, operating margin, inventory turns, and Return on Invested Capital (ROIC).

Performance Reporting and the Operational Restructuring Process

Silvon Software

How Does Performance Reporting Come Into Play? Rapid plant improvement / turnaround: Operational performance reporting can also help manufacturing organizations better assess, valuate and prioritize risks and opportunities relative to production execution. Our experience with mid-market manufacturers and distributors has shown that the deployment of financial and operational metrics is still an evolving process.

Overcoming Production Challenges With a Manufacturing Execution System (MES)

IQMS

Bottom Line: A Manufacturing Execution System can help manufacturers improve production accuracy and gain greater control and visibility across shop floors, leading to improving speed and scale of manufacturing operations. . How MES Delivers Value To Manufacturers.

Why Demand-Driven Manufacturing is Focused on Metrics for Action

synchrono

In Demand-Driven Manufacturing, there is only one measurement that is important to drive performance: Throughput. Demand-driven managers know that having too many metrics leads to conflicting measurements. From a Demand-Driven Manufacturing operations perspective, you want to pay strict attention to strategic control points for improving Throughput. We call these Metrics for Action. Metrics for Action. Are your metrics really working for you?

Supply Chain Metrics: Make Sure They Are Aligned with Your Strategy!

Supply Chain View from the Field

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Rather then selecting a plethora of meaningless metrics, it is always better to focus on a critical few, and select them wisely. Step 2 – Develop Metrics and Data Sources.

Measuring Up?

Supply Chain Shaman

The average manufacturing company’s supply chain organization is 15 years old. The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. We find that companies can improve one, but not two of the metrics. Teams struggle to drive improvement in both metrics at the same time. Analysis of Performance and Improvement by Industry on the Supply Chain Metrics That Matter.

The Top 10 Manufacturing Blog Posts from 2014

Cerasis

Today, we kick off our annual year end series highlighting the top blog posts in each of our 7 main categories: Manufacturing , Supply Chain , Logistics , 3PL , Business , Transportation , Freight. Top Manufacturing Blog Posts for 2014. Like last year, reshoring and the idea of a US Manufacturing comeback, or revivial, or rennaisaince (whatever you want to call it) was of huge interest to our readers of the Cerasis blog. Is Manufacturing Really a Good Career Choice?

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. 63% are relying on real-time monitoring and consider it essential for tracking machine utilization, scrap and downtime reporting. 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.

BI in Manufacturing: 3 Realistic Steps to Data Mastery in 2020

Unleashed

may sound exciting for manufacturers – with its IoT-enabled factories, all-singing all-dancing ERP software, and AI-powered insights – but frankly this is fantasy land for the vast majority of manufacturers. To survive, manufacturers – with their long lead times, and vulnerable supply chains – must be laser-focused on the metrics that matter; able to respond rapidly as conditions change. Here are three realistic steps manufacturers can take for data mastery in 2020.

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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. Worse still, much of the data that could give manufacturers a complete, end-to-end view of their supply chain already resides within the systems of these partners; as much as 80 percent of it, according to some industry estimates. Frustrated manufacturers report having no idea they were down to the last box of parts.

KPI 69

Increase Throughput by Replacing Manufacturing Productivity and Efficiency Metrics with These Two KPIs

synchrono

Manufacturing productivity is a useful metric for measuring the health of manufacturing at a national or global level because it tells us something about whether our factories, in general, are working or sitting idle. But at the level of the individual factory, productivity as a performance metric can be problematic. Before we travel too far down that path, however, perhaps we should start by defining what we mean by manufacturing productivity.

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.

Most Read Manufacturing Articles of 2015

Cerasis

It is that time of year again where we feature the most viewed articles on the Cerasis blog in each of the six main categories we write about: Manufacturing, Supply Chain, Logistics, Transportation Management, and Freight. . Most Read Manufacturing Articles of 2015. We will first start with the top Manufacturing Articles that were published in 2015. It is very clear that the most popular articles in the manufacturing category are mainly focused on technology.

Guest Commentary: Tight Transportation Capacity, Not Flagging Demand, Behind ISM Report Showing Slowing Activity

Talking Logistics

The consensus opinion of the most recent Institute for Supply Management (ISM) report is that it reveals weakness in U.S. Analysts point to the steep decline in orders for new transportation equipment as evidence that manufacturers are seeing weakness. In reality, it may not be softening demand at the root of manufacturers’ slowdown in the bookings for new trucks, trailers and other equipment. percent, marking the largest drop in this metric since last July.

Let’s Fail Forward….

Supply Chain Shaman

At Supply Chain Insights , we are busy working on a report on Centers of Excellence to understand the drivers and barriers. While I will know more when I finish the research than I do now, I want to encourage all readers in manufacturing and retail to participate. Metrics Matter. Most organizations are far more comfortable with functional than corporate metrics. Functions within the organization struggle for alignment and functional metrics are more clearly understood.

Understanding Supply Chain Management

SupplyPike

Most manufacturers depend on just-in-time (JIT) manufacturing policies. Five Key Metrics for Monitoring the Impact of Panic Buying on your Supply Chain. Supply Plan: The Supply Plan metric provides Walmart’s best guess on how many units it expects to order from a supplier. Our Retail Intelligence software allows you to view all sorts of metrics in easy to understand charts, maps, and numbers. Learn about.

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How Can Manufacturers Manage Disruption and Improve Productivity?

Halo

By using advanced analytics for manufacturing, to understand the valuable information concealed within data they already have! Most manufacturers have already made the easiest and most obvious changes to improve their operations, leveraging traditional methods to boost their own productivity and simultaneously create a more dependable supply chain. Therefore, manufacturers must continually look for new ways to improve the productivity and profitability of their operations.