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.

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?

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.

Removing the 3 Barriers to Building a Predictive Supply Chain

resources each year guessing important operational metrics such as booking allocations or. final delivery, and from raw materials to retail store. INSIGHT PAPER: Toppling 2 Major Misconceptions. in Predictive Logistics ClearMetal Inc.

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.

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:

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.

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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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.

Your Supply Chain Probably Has a Data Problem - Start There

The first challenge all shippers, including retailers, manufacturers, and 3PLs. next challenge is determining the right metrics to focus on. this process as determining what technologies will help get those metrics.

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.

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.

Trends 100

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?

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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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]

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.

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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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.

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.

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.

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.

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]

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

Inventory and forecast data from retailers: After your product ships (Part 2)

Alloy

Part 1 of this series highlighted four of the most important retailer data points that suppliers need to maintain an efficient supply chain and maximize sales opportunities: Unit Sales (Net), Dollar Sales (Net), Price, and Retailer COGS.

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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

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.

What Is Retail Consolidation & Is It Right for You?

CH Robinson Transportfolio

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? This helps meet any retailer compliance programs that may exist.

How a WMS Helps Retailers Execute Click & Collect Capabilities

Veridian Solutions

retailers, up to 72 percent, lack click and collect capabilities, reports DC Velocity. Because retailers are increasingly going omnichannel as a result of the “Amazon Effect,” retailers have started using stores-as-a-distribution center (SaaDC). Also, retailers must have full inventory visibility to know when product specs can be fulfilled through the storefront, as well as communicate with consumers regarding when their purchases will be ready for pickup.

21 Vendor Metrics Your Supplier Scorecard Might be Missing

Supply Chain Cowboy

But is your scorecard missing key metrics? It includes a free Excel template that you can modify to match exactly what metrics you want to measure. While some of these metrics might not apply to your business model, there’s definitely a few to add if they measure something important to you and your customers. In fact, many big-box retailers are uncomfortable being more than 30% of a supplier’s revenue base. Specific Quality Metrics.

Ava Ex Machina and the Retail Supply Chain

Supply Chain Action Blog

There is no industry where this Cycle is more challenging today than in retail, but the principles apply across most industries. This is especially relevant for retailers. There is a lot of buzz about the “autonomous” supply chain these days.

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.

Don’t Perpetuate the Hoax of the Gartner Top 25

Supply Chain Shaman

As a result, when the spreadsheet is sorted, a chemical company is stack-ranked against a retail player, and a high-tech company against a food distributor. Supply chain leaders manage a complex system of non-linear, but very inter-connected metrics.

Recasting the Retail Supply Chain

Supply Chain Nation

A question that begs to be asked is – might it then be possible and also about time, that a reinvigorated attempt is made to apply similar principles to the retail supply chain?

How a WMS Helps Retailers Execute Click & Collect Capabilities

Veridian Solutions

retailers, up to 72 percent, lack click and collect capabilities, reports DC Velocity. Because retailers are increasingly going omnichannel as a result of the “Amazon Effect,” retailers have started using stores-as-a-distribution center (SaaDC). Also, retailers must have full inventory visibility to know when product specs can be fulfilled through the storefront, as well as communicate with consumers regarding when their purchases will be ready for pickup.

Mining Supply Chain Data for Insights

Supply Chain Shaman

These are mainly North American-based manufacturers, distributors and retailers.) We loaded 493 financial metrics from balance sheets and income statements for each company into the data lake for the period of 2004-2016 using YCharts data. Mine sweeping is essential to warfare.

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Let’s Fail Forward….

Supply Chain Shaman

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.