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?

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. Here I share his insights: Philippe, which supply chain metrics do you think matter?

Why Parcel or Small Package Auditing Is Important for Shippers

Cerasis

However, some continue to refute audits, but take a look at what could be going on in your operation without small package auditing. Shippers May Be Overpaying, Which Affects Small Package Auditing. Shippers pay up to 5 percent more when small package auditing is not completed, explains Jared Fisher of PARCEL Media. As a result, the overall cost of shipping a small package may be significantly lower than originally determined. Small Package

Is the Package Under your Tree?

Supply Chain Shaman

Could your package be delivered by taxi? Cabs in San Francisco are delivering packages in their trunks using an application called FlyWheel and manufacturers are experimenting with Uber. Some of the packages on the trucks moving right now are the first shipments of Metrics that Matter.

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:

Announcing the Supply Chains to Admire for 2019

Supply Chain Shaman

We selected these metrics based on correlation work with Arizona State University in 2012. The winners drove long-term value (measured by market capitalization) while outperforming on the portfolio of metrics shown in Figure 1 and driving improvement faster than their peer groups.

Measuring Up?

Supply Chain Shaman

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.

Driver Shortage Concerns? Start with Bringing Packaging Efficiency to Your Shipments

CHAINalytics

| By Rich Lindgren | Senior Packaging Engineer, Packaging Optimization | Chainalytics | Anyone monitoring transportation and long haul trucking rates understands just how much the current driver shortage presents real problems for shippers.

E2open Holds User Forum on New On-time In-Full (OTIF) Package

E2open

E2open Holds User Forum on New On-time In-Full (OTIF) Package. E2open has already partnered with customers to develop a capability to accommodate these new on-time in-full (OTIF) metrics. See What We Have” user group session for users to discuss their understanding of Walmart’s new OTIF compliance program and review what metrics/tools are available to assist them in their management of the program. alyssa. Monday 3 April 2017. Will Thomas, VP of Sales, E2open.

E2open Holds User Forum on New On-time In-Full (OTIF) Package

E2open

E2open Holds User Forum on New On-time In-Full (OTIF) Package. E2open has already partnered with customers to develop a capability to accommodate these new on-time in-full (OTIF) metrics. See What We Have” user group session for users to discuss their understanding of Walmart’s new OTIF compliance program and review what metrics/tools are available to assist them in their management of the program. alyssa. Monday 3 April 2017. Will Thomas, VP of Sales, E2open.

E2open Holds User Forum on New On-time In-Full (OTIF) Package

E2open

E2open Holds User Forum on New On-time In-Full (OTIF) Package. E2open has already partnered with customers to develop a capability to accommodate these new on-time in-full (OTIF) metrics. See What We Have” user group session for users to discuss their understanding of Walmart’s new OTIF compliance program and review what metrics/tools are available to assist them in their management of the program. alyssa. Monday 3 April 2017. Will Thomas, VP of Sales, E2open.

Go Boldly Together: Takeaways from Nulogy xChange 2018

Talking Logistics

Nulogy’s CEO, Jason Tham, kicked off the event by talking about courage and why it’s so important today for consumer packaged goods companies (“brands”) and their contract manufacturing partners (“suppliers”). Patrick McGovern (Bell-Carter Packaging).

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. Ironically, most companies are very entrapped in measuring and rewarding functional metrics which degrades overall improvement. Cash-to-cash is a compound metric.

The Better Goal: More Fuel Efficient Trucks or Using Fewer Trucks?

Talking Logistics

According to the press release : The proposed standards are expected to lower CO2 emissions by approximately 1 billion metric tons, cut fuel costs by about $170 billion, and reduce oil consumption by up to 1.8 That cut packaging weight by 28% and allowed IKEA to fit 128 lamps on a pallet that previously took just 80. The move translated into a package size that is 50% smaller, removing 7,477 trucks from the roads annually , and a price tag that is 14% lower.

Looking Beyond Red Arrows

Supply Chain Shaman

It is hard work to maintain the status quo in metrics performance. A balanced portfolio of metrics delivers the greatest value. Companies balance supply chain metrics better in good times than bad. 2) Focus on a balanced portfolio of metrics.

Tips for Retailers (And All Shippers) to Overcome the Amazon Effect

Cerasis

retailers conducted by NRF and Forrester Research surveyed the key metrics of 195 apparel, footwear, general merchandise, home furnishings and personal care retailers, and determined that the average cost to fulfill an order is $10 (shipping + fulfillment costs).

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Why I No Longer Believe in the Gartner Supply Chain Top 25

Supply Chain Shaman

The AMR Top 25 was the first methodology that tried to connect financial metrics with supply chain excellence. It elevated the discussion on supply chain excellence and drove more discipline and rigor in the use of financial metrics.

What Is the Value of a Scorecard?

Supply Chain Shaman

Consumer packaged goods companies are paid when the goods land in the retailer’s warehouse, not when they cross the register, and trade funds can distort the demand signal. The book, Metrics That Matter , is almost finished. People cannot get enough on metrics.

Logistics Key Process Indicators (KPIs)

The Logistics of Logistics

A KPI is an indicator (a metric) that you have chosen, and agreed with your partners and or customers, that will determine whether you are meeting your critical success factors. Key Process Indicators vs. Metrics. I sometimes use the terms KPI and metrics interchangeably, but they are not the same. A metric is any standard of measurement (number of carriers, inventory turns, average shipment weight, etc.). Only the most important metrics can grow up to become KPIs.

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Jeff Bezos v the World: Why All Companies Fear 'Death by Amazon'

Supply Chain Brain

Business Strategy Alignment Global Supply Chain Management Quality & Metrics SC Analysis & Consulting Supply Chain Security & Risk Mgmt. Apparel Consumer Packaged Goods E-Commerce/Omni-Channel Food & Beverage High-Tech/ElectronicsAt $19.99 a pop, the laptop stand combines everything customers love about Amazon: utility, price and convenience.

Introducing a Cryptocurrency for the Food Supply Chain

Supply Chain Brain

Consumer Packaged Goods Food & Beverage Global Supply Chain Management Global Trade & Economics Supply Chain Security & Risk Mgmt. Quality & Metrics All Technology Supply Chain Visibility SC Finance & Revenue Mgmt. This time, it’s designed for the food supply chain, with an emphasis on achieving transparency and security between partners. The creator of the “token” is OriginTrail , a Slovenian I.T. company specializing in traceability and quality-control systems.

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Navigate Shipping Landscape with Proactive Analytics

Talking Logistics

Realizing in January that 50,000 one-pound packages were all dimensionally billed as though they were 15 pound packages during peak season cannot get you your money back. The reality is that most carriers do not invoice as soon as a package has shipped. Use the Correct Metrics.

WMS and Cycle Counting: How to Reach Inventory Management KPIs

Veridian Solutions

A Guide to the Warehouse Metrics Supply Chain Execs Should Track. The carrying cost of inventory KPI should also consider added expenses, like labor costs to manage inventory, insurance, and both packaging and shipping costs. As a result, Warehouse Managers may need to integrate picker performance metrics with this KPI. Metrics and KPIs Warehouse Management

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The Best LTL KPI for Measuring Freight Damage

The Logistics of Logistics

Damaged packaging, small scratches, and loose pieces are all upsetting to the receiver and the end customer so they should be documented and measured, even if there isn’t a freight claim filed. If freight damage is over 1%, there is something seriously wrong with the packaging, loading / unloading process or the carrier. White Paper: The Essential Guide to LTL Shipping Improvement: Action Plan and Metrics for Rapid Transformation.

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LTL Carrier Scorecard with Key Process Indicators (KPIs)

The Logistics of Logistics

Key Process Indicators vs. Metrics. A metric is any standard of measurement (number of carriers, inventory turns, average shipment weight, etc.). A key process indicator (KPI) is a metric that you have chosen that will give an indication of your performance and can be used as a driver for improvement. This means that while all KPIs are metrics, not all metrics are KPIs. Only the most important metrics can grow up to become KPIs.

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My Parcel Invoice Said What?! Why Parcel Invoice Auditing Software is Paramount in your Logistics Technology Stack

Cerasis

Gain Control Small Package Process Through Metrics, KPIs and Enhanced Accounting Features. Parcel auditing gives shippers control over small package processes by putting relevant data together to define metrics, key performance indicators (KPIs) and advanced accounting features.

Inbound Parcel Freight: What Are the Top Considerations for a Shipper?

Cerasis

Shippers should begin tracking inbound freight metrics , especially among inbound parcels. Key metrics to track include average shipping time, cost, delays, instances of incorrect billing, and compliance with the inbound routing guide. Depending on the terms of insurance coverage, claims management must begin with X number of days from delivery, or missed delivery in the case of lost packages. Freight Logistics Small Package Transportation Management Inbound Parcel Freight

6 Important Tips For Effective Logistics Management

Cerasis

Cost-effective packaging that ensures low investment and safety of goods as well. Optimize the packaging so that it occupies less volume and it does not increase the weight of the package. Analyze the metrics related to different operations. Cost metrics, and.

Congratulating the Supply Chains to Admire Winners

Supply Chain Shaman

It is now our fifth year of analyzing balance sheets to understand which companies are outperforming their peer groups on the metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC) while driving improvement.

6 Best Practices for eCommerce Warehousing

Cerasis

Yet, the separation was even more apparent as small package shippers operated almost independently of large-scale shippers using less-than-truckload (LTL) and full truckload (FT). Use Metrics to Track Progress and Order Fulfillment Processes. ECommerce is growing at an astonishing rate.

2020 Requires Big Wings and Feet

Supply Chain Shaman

Special programs—new product launch, promotional packaging, and samples—are often managed as marketing programs using offline processes (usually spreadsheets). To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability. It has been awhile.

Supply Chains to Admire: 2016 Results

Supply Chain Shaman

Unfortunately, we find most companies are moving backwards on the Supply Chain Metrics That Matter™ or making progress on singular metrics versus driving performance improvement on a balanced portfolio of supply chain metrics that correlate to market capitalization. (If

Optimize Your Freight Spend Without Negotiation

Talking Logistics

Michael answered his own question by pointing out that most companies have some combination of transportation management systems (TMS), warehouse management systems (WMS), order management systems (OMS) or an ERP that contain tremendous amounts of data that they can use to better understand service levels, freight spend, profitability, and many other metrics. Another factor impacting parcel shipment cost is the weight and cube of the package.

Carter’s: A Story of Supply Chain Leadership

Supply Chain Shaman

Over the period of 2009-2015, only 88% of companies made improvement on the Supply Chain Metrics That Matter. (As As a group, these metrics have the highest correlation to market capitalization. Performance on the Supply Chain Metrics That Matter.

L’Oréal: A Case Study in Supply Chain Excellence

Supply Chain Shaman

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve.

Counterfeit products are exploding on Amazon

NC State SCRC

Other products that have been counterfeited include consumer staples such as laundry detergent, baby formula, and other products that use packaging collected from trash cans – cleaned up, repacked with fake product, and resold.

Sustainable Logistics: Quantifying Sustainability Measures of Your Logistics

Cerasis

There’s an alarming paradox in the world of consumer packaged goods sustainability. The hard-won progress in incremental reduction of packaging material and waste is reduced by the related increase in damaged and unsaleable product. Throwing a single complete unsaleable product in a landfill naturally, obviates even large percentage reductions in packaging which is itself a relatively small portion of a complete product.