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?

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.

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.

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.

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.

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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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.

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.

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]

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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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.

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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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.

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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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.

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.

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

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.

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.

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.

What Is Retail Consolidation & Is It Right for You?

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.

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?

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.

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.

APICS and JD.com Broaden Strategic Relationship Efforts

Supply Chain Matters

Supply chain and operations management professional organization APICS recently announced an expanded strategic relationship with China’s online retailer JD.com. Supply Chain Performance Transportation and Logistics APICS JD.com strategic relationships omni-channel supplier performance metrics SCORmark Omnichannel Benchmarking SIG Supply chain Matters blog

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Omni-channel Emerging as Top Retail Logistics Issue

Supply Chain Network

RILA Supply Chain 2014 will highlight this ongoing evolution from a discrete multi-channel stream to a full track entitled Omni-channel which includes the 4 interesting presentations identified below: The Impact of Omni-channel to the Retail Supply Chain & the Total Customer Experience. David Sisco, Vice President Retail Marketing, UPS. All of these look like great sessions being lead by retail practitioners working on the frontline of the omni-channel retail revolution.

Drivers of Modern-Day Warehouse Management System Adoption

Veridian Solutions

Aside from building new warehouses, major retailers, such as Sam’s, have transformed traditional shopping centers into new distribution centers. Staying competitive with Amazon , Walmart, Target and other Big Box retailers requires an unmitigated level of inventory visibility and optimization.

What Retailers Learned About the Future at RILA Supply Chain Conference 2018

Supply Chain Nation

The 2018 RILA Retail Supply Chain Conference was a great opportunity to hear what retail leaders are focused on, and excited about, as we chart the future of our evolving industry. In the speaker sessions that followed, we heard how retailers are breaking down silos within organizations, how automation can bring higher levels of efficiency to distribution centers and how new innovations in machine learning and artificial intelligence could revolutionize the retail supply chain.

Household Products Industry Stuck in Neutral and Going Backwards

Supply Chain Shaman

P&G’s rate of improvement on the Metrics That Matter was lower than the peer group. Lora has written the books Supply Chain Metrics That Matter and Bricks Matter , and is writing her third book, Leadership Matters. I was on my way to Peru.