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?

Time for a Supply Chain Metrics Cleaning

Logility

Ask yourself, “Are your supply chain metrics bogging you down?” ” To manage a supply chain containing complex dependencies between teams, departments and partner companies across international boundaries requires a rich set of metrics. However, companies often have too many independent metrics that can cause conflicts amongst competing supply chain functions. Functionally isolated metrics lead to sub-optimized supply chain performance.

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Lora Cecere on Supply Chain Metrics that Matter

AIMMS

Interview with Lora Cecere, Founder and CEO of Supply Chain Insights and Author of Supply Chain Metrics that Matter ( published December 2014 ). Metrics that Matter became a three year research project. I realized that many organizations are very confused about metrics.

Omnichannel Supply Chain Metrics: What Should Supply Chain Leaders Measure?

Cerasis

There is no easy way to say it; single-channel retail is dead. The answer lies using these omnichannel supply chain metrics to carefully track and improve operations continuously. This is a simple key performance indicator (KPI), another name for metrics, to track. The Fill Rate is a complex metric that considers the average window of delivery, percent of on-time delivery and accuracy of delivery for all products coming into your warehouse from vendors.

Top 5 Metrics & Benchmarks To Measure In Pickup & Delivery Logistics

Abivin

Managing your business operations would be challenging without proper metrics and data analytics. Below are 5 significant metrics in Pickup & Delivery Logistics that any company can use to measure their performance in meeting initial goals.

6 Benefits of Effective a Reverse Logistics System & The 9 Core RevLog Metrics to Track

Cerasis

Importance of Metrics in Reverse Logistics Management. To monitor progress against its reverse logistics management plan, a company needs metrics that measure the financial impact of returns on the firm and on other members of the supply chain.

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

Cerasis

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 definition of this metric is similar to the way it sounds. Quality affects many different parts of the business, so it is critical to establish a comprehensive metric that provides visibility into the most important areas of operations.

Top 5 Metrics & Benchmarks To Measure In Pickup & Delivery Logistics

Abivin

Managing your business operations would be challenging without proper metrics and data analytics. Below are 5 significant metrics in Pickup & Delivery Logistics that any company can use to measure their performance in meeting initial goals.

Three New Ways Retailers Can Improve Inventory Performance

ToolsGroup

Many retailers consider competing against Amazon their biggest challenge. While the impact of Amazon is real, it is only a thread in the larger retail competition tapestry. Here are three things that retailers can do to align strategy and execution.

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What Is Retail Consolidation?

CH Robinson Transportfolio

What Is Retail Consolidation & Is It Right for You? Handling ever-changing consumer and retailer demands can be overwhelming—especially if you’re working with multiple retailers across the country or the world. What is a retail consolidation program?

Top 5 Metrics & Benchmarks To Measure In Pickup & Delivery Logistics

Abivin

Managing your business operations would be challenging without proper metrics and data analytics. Below are 5 significant metrics in Pickup & Delivery Logistics that any company can use to measure their performance in meeting initial goals. ,

Last Mile Metrics: 11 Metrics to Measure in Last Mile Logistics

Cerasis

Using technology to improve last mile metrics is essential to driving last mile costs down, but how do shippers know if the technology is helping or hurting? Essentially, shippers need to track these 11 metrics. On-Time Deliveries Are King of Last Mile Metrics.

Understanding Supply Chain Management

SupplyPike

With rising consumer demand, retailers are under pressure to stock the merchandise in demand or lose consumers to another who can fulfill the same demand. Omnichannel retailers must discover the best way to blend the occasionally disputing demand between offline stores and online retail.

SCM 61

Syndicated Data for CPGs

SupplyPike

Regardless of whether you are a distributor, supplier, or retailer, if you want to step up the sales of your goods, leveraging syndicated data may be one of the most proven ways to take industry trends and apply them to your business. Syndicated data in retail.

Data 59

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?

Trends 2019: Retail

Enterra Insights

I’m certain a lot retail executives wish they had the power to stare into a crystal ball and see the future. Such a gift would have spared many of their companies from the consequences of the retail apocalypse. ”[1] If Pitassi is correct, the big question is: What does it mean to be “fit” in the retail sector? Retail trends. When most people think about the retail sector, they visualize transactions between merchants and customers.

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Is it Advantage Organized Retail in India?

Logistics Trends and Insights

Guest post by a former UPS colleague and now independent consultant with a particular specialty in India, e-commerce and retail. There has been a sea change in the Indian Retail landscape over the past ten years. India retail Retail

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Logistics Metrics You Didn’t Know You Should Be Watching

Supply Chain Collaborator

Its absence is felt when easily avoidable yard-based delays lead to down time for manufacturing operations, product spoilage for food shippers and inventory shortages for retailers as a few examples.

3PL Metrics: Do Retail Suppliers Measure Success the Wrong Way?

Consumer Goods Logistics

If you are a user of third-party logistics (3PL) services, you know that 3PLs tend to have a metric for just about everything – productivity, accuracy, timeliness, costs…. 3PL metrics are used as a barometer of performance and to inform continuous improvement programs.

Announcing the Supply Chains to Admire for 2019

Supply Chain Shaman

Smaller, more agile companies outperform the larger and well-known brands in the retail, beverages, food, and pharmaceutical industry sectors. We selected these metrics based on correlation work with Arizona State University in 2012. I watch the news channels on mute. The reason?

Replenishment 201: Monitoring Store-Level Inventory

SupplyPike

With our Retail Intelligence software, you can graph traited and valid store counts over time and quickly spot changes in the Performance Report. Instocks are an incredibly important metric to keep track of as well. These metrics will help you examine your instocks on a corporate level.

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.

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

Cerasis

Despite some struggles, retail as a whole had a solid 2017, as total sales reached $3.5 Retailers & Shippers Chasing the Amazon Effect It seems that every online retailer is chasing Amazon, or rather, is being chased by Amazon.

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The Right Data and Metrics are Vital for FMCG Route to Market Success

Enchange Supply Chain Consultancy

20 Steps to RtM Excellence RtM Strategy Ross Marie RTM Retail ERP Promotions Information RTM Assessment Tool Distribution Sales Traditional Trade FMCG Route to Market ERP/SAP SKU

Overcoming Retailers Delivery Requirements with Data Reporting

Transplace

Overcoming Retailers Delivery Requirements with Data Reporting . Within the last few years, the rise of omni-channel fulfillment has dramatically impacted the retail industry and its vast supply chain networks. Retailers Adjustment to the Industry and Consumers Demands.

3 Ways Fresh Retailers are Helping the Planet

JDA software

Millennials are the largest consumer block and they’re moving the retail environment forward in a more sustainable way. So, it shouldn’t come as a shocker that more fresh retailers are increasing their green efforts. Here are 3 trends we’re seeing from grocery retailers: 1.

Artificial Intelligence and the Future of Retail

Enterra Insights

Retail transactions are some of the oldest human activities. The next arena of exploration for the retail sector is artificial intelligence (AI). Arthur Zaczkiewicz ( @arthurzaczkiew1 ) observes, “Retailing is being forced to change as consumer preferences shift and technologies such as artificial intelligence power a new breed of company that brings to market products, services and an overall shopping experience that shoppers demand and are delighted by.”[1]

Retail Inventory Shrinkage Remains a Problem

Enterra Insights

Retail Shrinkage is a serious retail challenge, especially when its causes can’t be accurately determined. retailers just under $50 billion combined. Paul Trujillo ( @TruPaultx ), a Product Marketing Manager at Informatics, reports, “According to the National Retail Federation, there are five main ways for your supply to disappear.”[1] ” Regardless of how inventory is lost, shrinkage costs retailers a lot of money.

Amazon Retail Analytics Basic vs. Premium: What’s the value?

Alloy

We’ve talked a lot about the importance of using data from your retailers, including point-of-sale , inventory, and forecasts , to grow market share and optimize inventory levels. The first step in that journey, is of course, getting that data from retailers.

Demand Forecasting Mistakes in the Retail Industry

Alloy

Mistake 1: Forecasting sales, not store-level demand To speed up and simplify the forecasting process, companies may start by building forecast models using a top-down approach, selecting the top products’ or category’s sales data across an entire retailer.

After your product ships (Part 1): Data retailers share and why it’s important

Alloy

Fortunately, most retailers provide data to help suppliers understand how they’re performing. But out of that weekly or daily data deluge, what are the crucial metrics? It’s subtracted from Net Unit Sales to calculate the Retailer Gross Margin?—?the

Omnichannel Retail Requires Close Collaboration with Logistics Providers

Enterra Insights

The next time you feel the need to toast someone, raise your glass to all the supply chain professionals involved in omnichannel retail operations. John McAteer, Vice President of Sales, Retail, and Technology at Google, writes, “In retail, there’s no space for standing still. Empowered by mobile, people can get exactly what they want instantly and effortlessly, and they expect retailers to meet their needs faster than ever before.”[1]

Planning challenges abound in retail supply chain

EFT

Retailers, manufacturers and their Logistics Service Providers (LSPs) all agree that there are several key issues in how supply chains are currently overseen and operate. The top concern across the retail supply chain is forecasting, which 30.8%

What Is Retail Consolidation & Is It Right for You?

CH Robinson Transportfolio

What Is Retail Consolidation & Is It Right for You? Handling ever-changing retailer requirements can be overwhelming—especially if you’re working with multiple retailers across the country or the world. What is a retail consolidation program?

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.