My Take: Metrics that Matter

Supply Chain Shaman

While Joe is trying to balance the feedback from Filipe and Frank, he is often asked to change his metric targets by his CFO named Lou. After two years of research, I think that we throw the supply chain out of balance and limit its potential through the use of traditional and functional metrics. It is for this reason, that I believe that the traditional SCOR Model metrics are problematic. Achieving Balance in Metrics. Last week, I held my new book in my hand.

Which Metrics Matter? Interview with Philippe Lambotte

Supply Chain Shaman

My journey to understand supply chain Metrics That Matter started three years ago. Balance: The ability to balance a portfolio of metrics to maximize market capitalization and free cash flow. The early results from the ASU study will be featured in the book Metrics that Matter and it will be the core of the upcoming Supply Chain Global Summit on September 10-11, 2014 in Scottsdale AZ at the Phoenician. (We How do you balance metrics ? .

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Why Financial Reengineering Does Not Equal Supply Chain Improvement

Supply Chain Shaman

Snow fell last night as I worked on my last Supply Chain Metrics That Matter report. The concept of the Effective Frontier is that best in class companies align functional metrics to balance growth, cost, inventory and Return on Invested Capital (ROIC) performance while balancing customer service metrics. Ironically, most companies are very entrapped in measuring and rewarding functional metrics which degrades overall improvement. Cash-to-cash is a compound metric.

Writing: Working on My Book

Supply Chain Shaman

Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. He is responsible for manufacturing, procurement, supply chain planning, logistics, quality, social responsibility and final product engineering. Prior to joining Starbucks, he worked at the executive leadership level in Europe, Latin America and North America at ICI, a global chemical company.

How Does Procurement Create Value? Insights from CPO Speakers at Zycus Horizons Conference

Supply Chain View from the Field

In addition to the procurement executives, I also got to meet Captain Dick Phillips, the captain of note in the film “Captain Phillips” We had a chance to talk about his experience, and he also presented to the group about the incredible experience he went through. Chris Sawchuck from the Hackett Group interviewed three heads of procurement from three large companies, and asked an important question. Does procurement add to top line revenue.

Will the New Tax Bill Bring Overseas Profits Back Home?

Supply Chain Brain

Where in the past they might have focused primarily on days payable outstanding (DPO) as a financial metric, they’re now giving equal attention to days sales outstanding (DSO) and inventory levels. Sourcing/Procurement/SRM SC Planning & Optimization EDI Communication (XML/EDI) Home Page Latest News Home Page Slider Editors' Blog All Technology North America

Big Tech and Auto Battle for the World’s Cobalt Resources

Elementum

million metric tons (or 60% of the world’s supply). million metric tons. The famously idealistic Silicon Valley company has pledged to source all of its cobalt in North America. Supply chain is not just about the procurement and transportation of goods from source to consumer. In 2006, lithium-ion batteries consumed only 20% of the global cobalt supply. Ten years later, that number has more than doubled.

Big Tech and Auto Battle for the World’s Cobalt Resources

Elementum

million metric tons (or 60% of the world’s supply). million metric tons. The famously idealistic Silicon Valley company has pledged to source all of its cobalt in North America. In 2006, lithium-ion batteries consumed only 20% of the global cobalt supply.

Lean Transportation: Are you Using Lean Thinking for Transportation Management? If not, Why?

Cerasis

Metrics and Key Performance Indicators (KPIs) measure how well the shipper-transportation provider does in daily continuous improvement. Create daily route designs, complete real time track and trace, generate real-time metrics , and complete daily problem solving. According to Brian Daniels, the powertrain products manager for Daimler Trucks of North America, drivers are directly responsible for 30 percent of the factors that affect fuel economy.

Lean 179

Has Driverless Supply Chain Planning Already Arrived?

ToolsGroup

Unmanned coffee stations transmit POS data every 15 minutes to help forecast demand, optimize inventory, and generate replenishment proposals for distribution and procurement; SCP software calculates the refill order requirements nightly for frequent, low-volume deliveries. Costa calls their transformation "revolutionary" with significant improvements in operational and logistics metrics and an approximately 10X increase in points of sale.

This Week in Logistics News (February 18-22, 2013)

Talking Logistics

Con-way Truckload and Con-way Multimodal Join Forces to Launch New Intermodal Service for North America. CombineNet and Transplace Extend Partnership in Delivering Advanced Transportation Procurement Solution to North America.

Mexico 100

Retreads are Good For Truckers…and Good for the Environment!

NC State SCRC

In North America, the trucking industry saves more than three billion dollars annually by using retreaded tires. IbisWorld’s Procurement Report on Commercial Tires supports retreading as a major method to reduce total cost of ownership, noting that: The retreading process consists of repairing all existing damage, resurfacing the tire and applying a new layer of tread to the casing. Examples of metrics include the following: Cost per driver hour.

Companies Collect Faster, Pay Slower and Hold a lot Less Inventory

Material Handling & Logistics

By reducing the key working capital metric of cash conversion cycle (CCC) by 7 days, companies can add 1% to earnings before interest, tax, depreciation and amortization (EBITDA) margin, increasing profitability by about 20% (for a company with an EBITDA margin of 5%), the research found. It truly takes a village to drive working capital improvement, because sales, procurement, supply chain, and others need to be on board, as they own key parts of the underlying processes,” said Wills.

Letter from the CEO: Coronavirus Market Update

Transplace

North America Market. The global air freight market for Asia, Europe and North America is impacted by the dramatic decline in commercial passenger flight volume creating capacity shortages and volatile spot market pricing without transit time commitments. VLSFO (Very Low-Sulfur Fuel Oil) $315 per metric ton 3/12 comparted to $740 per metric ton in January 2020 = 57% decrease. Also, provide weekly data and reports to operations and procurement teams.

28 supply chain professionals share the biggest challenges of supply chain management

6 River Systems

There are so many potential issues that can impact a supply chain to cause delays (such as fluctuating availability of raw materials, hold-ups in customs, adverse weather, staffing problems, political issues, procurement problems, changes in legislation and so on) that being able to realistically foresee and safeguard against each of them will only ever be partially successful, and it takes up a lot of resources. University of North Texas.

26 supply chain pros reveal the single most effective way to create a winning supply chain strategy

6 River Systems

She is a global executive with a wealth of experience in leading procurement operations, business outsourcing, transformation and technology across industries. The maturity of an organizations’ procurement and supply chain, its processes and technology are critical to managing the business and organizational risks. It is no longer sustainable for companies to delay the enhancement of their procurement and supply chain organizations.

New online insight hub revealed to increase intelligence resources for supply chain decision makers

EFT

In turn, we also hope to act as a catalyst for supply chain businesses and professionals looking to make the leap into sharing insights of their own; whether they can share new technology use cases, perspectives on trends, valuable data sets or industry initiatives from; sourcing and procurement practices to last mile delivery, – you can see that it’s a really wide reaching and exciting project to launch!