10 Multimodal Metrics to Track for Transportation and Shipping

Cerasis

Complexity and precision data within the transportation and shipping industry require refinement in measuring and recording metrics. That is where multimodal metrics that leverage transportation data can make all the difference. Uncategorized multimodal metrics

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

Cerasis

But, how do supply chain leaders and managers ensure their omnichannel supply chain is working. 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. If vendors fall behind on this metric, you may need to re-evaluate your partnerships or expand your list of approved vendors.

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Top 10 Metrics to Track and Manage Risk in the Supply Chain – Part 1

Cerasis

Under the current COVID-19 global pandemic, managing risk in the supply chain has taken on a renewed importance. Procurement teams continue to struggle with finding available suppliers and shipping capacity to enable supply chain responsiveness. The post Top 10 Metrics to Track and Manage Risk in the Supply Chain – Part 1 appeared first on Transportation Management Company | Cerasis.

3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance

Cerasis

The average Supply Chain management professional measures their Supply Chain by reviewing cost reduction. Is cost reduction all that there is in measuring Supply Chain performance? Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction.

Walmart OTIF Metrics

SupplyPike

We’ve discussed the basics of OTIF and the fundamentals of OTIF before, but we thought we’d drill down deeper into the individual metrics. First, we’ll start by reviewing the basic goals of OTIF, and then we’ll dive into each metric and the compliance issues of each metric. We are only covering Supplier Accountability OTIF metrics. This Pro date represents when shipping documentation is processed and may be days after the actual goods arrive.

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. Additionally, the use of metrics fosters positive relationships with coworkers and adherence to rulesets and best practices for the respective third-party logistics provider (3PL). What Distribution Center Metrics Need Tracking? On-Time Shipping.

Wanted: Supply Chain Architects!

Supply Chain Shaman

Manufacturing is the foundation of my interest in supply chain management. Supply Chain and Design. This was the beginning of my journey from manufacturing to understanding larger supply chain concepts. Much to my chagrin, when I entered into the world of supply chain, the processes of source, make and deliver were usually not designed. Figure 1: Definition of the Supply Chain Organization.

A New Decade: Give Science A Chance

Supply Chain Shaman

When I started my business in 2012, I frequently wrote about the future using the moniker of Supply Chain 2020. We had just recovered from a recession, and my goal was to help supply chain leaders create a better supply chain by the end of the decade.

[e-Book] The Ultimate Guide to Manufacturing, Supply Chain, Logistics, Transportation, & Freight Metrics & KPIs

Cerasis

Take a look at how a business can use technology, metrics, and services to improve transportation processes, which range from supplier shipping to route optimization. We hope you enjoy this comprehensive look into data, business intelligence, metrics, and the CORE KPIs every shipper and manufacturing or supply chain professional should know in order to continually improve business practices and reduce overall costs.

Supply Chain Diagnostic: A Four-Step Process

Supply Chain Shaman

Time For A Supply Chain Check-Up? When a company contacts me to help them with their supply chain, the pain is usually a gap in customer service. They tend to have many pretty PowerPoint slide decks–full of acronyms, pretty pictures and E2E commitments–but they lack a common definition of supply chain excellence. To complete a supply chain diagnostic, I take these four steps: Step One. Supply chains are not the same.

How Do You Turn Supply Chain Data Into Actionable Information?

Logility

You’re committed to rolling out an analytics platform across your supply chain and you have tons of data. There are many ways to view data, but those that are particularly useful in supply chain analytics are reporting, score carding, dashboarding and benchmarking.

Data 130

Why Financial Reengineering Does Not Equal Supply Chain Improvement

Supply Chain Shaman

The traditional supply chain leader focused only on cost reduction. 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. Cash-to-cash is a compound metric.

Supply Chain KPIs You’ll Want Every Morning

Logility

A quick scan of the Internet will yield a long list of “the biggest-ever supply chain disasters”. Failed SCM implementation causes shipping errors. WMS failure causes Adidas to under ship by 20%. Supply chain cost per unit sold. Your Supply Chain Type.

Carter’s: A Story of Supply Chain Leadership

Supply Chain Shaman

To drive global scale, companies need to design the supply chain to buy globally and execute locally. The design of the supply chain is fundamental to making this happen. In our interview of the Supply Chains to Admire Winners, we found a unique approach at Carter’s. Shipping approximately 400 million selling units consisting of 700 million manufactured units per year, Carter’s employs about 4,000 employees at its peak. Supply Chain Index.

Why Do We Forget to Define Supply Chain Excellence?

Supply Chain Insights

This past month I attended our Supply Chain Insights Bootcamp training led by Lora Cecere in Philadelphia and facilitated the first course of a Cross-Company Academy training, End-to-End Supply Chain Orchestration. Throughout the great discussions within these courses, I couldn’t help but notice a general theme – people are forgetting to define (or ask) what supply chain excellence looks like for their companies! End-to-End Supply Chain Maturity Stages.

Making Supply Chains Fit for Function

Enterra Insights

With so much being written and discussed about supply chain transformation, it’s good to remind ourselves what supply chain management is fundamentally about. Lora Cecere ( @lcecere ), Founder and CEO of Supply Chain Insights, bluntly states, “The best supply chains are fit for function.”[1] ”[1] She goes on to note that today’s supply chains need leadership not management.

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Metrics that Matter: Customer Service

QAD

Inventory accuracy and minimizing stockouts are very important to customer satisfaction, but a few other metrics also impact the ability to meet customer expectations. This measures the number of orders or order lines shipped on time and without backorders or shortages. This is calculated by dividing the total number shipped in full and on time by the total number scheduled. Choosing Metrics. Everything has a cost, and every decision affects multiple metrics.

5 Steps to Supply Chain Orchestration Success

OneSCM

Supply chain orchestration functions much the same way, with business systems from all trading partners and all transactions connected and working efficiently to create a seamless business. Receivers know when items have shipped and what size shipment to expect and when. The optimum supply chain orchestration systems encourage collaboration with suppliers of varying volume, technology and integration levels. Automation Supply Chain Efficiency

Consumers Priorities Driving Major Supply Chain Changes

Kinaxis

Free shipping? How about completely changing the way you operate your supply chain? The rules around supply chain management are changing, and customers are sitting firmly in the driver’s seat. More and more companies are making big, public announcements on how they’re changing their supply chain practices to better align with what their customers care about.

Building the Business Case for Supply Chain Risk Management

Cerasis

Naturally, to take advantage of this opportunity, you will need a well-functioning supply chain, which you happen to have. Do you think that your supply chain management is good enough for this market? That’s when it all gets extremely complicated, but one thing remains crystal clear: supply chain risk management is profoundly important for businesses to grow and expand. Without a doubt, managing supply chain is nothing but easy.

Supply chain inventory optimization – Beyond the analytics

Kinaxis

by Alexa Cheater From designing, sourcing and manufacturing, to distribution and consumption, your supply chain is at the heart of your customer satisfaction levels. But the sheer complexity of supply chain networks, and the impact design decisions have on operational performance, makes supply chain inventory management aligning inventory investments with on-time customer delivery and margins a major challenge.

Executing Customer-Centric Supply Chain Strategies

Supply Chain Shaman

Included in this post is Cummins’ digital award for the 2016 Supply Chains to Admire. I want to understand why some companies outperform on the Supply Chain Metrics That Matter while others do not. I am enlisting their support to share their stories in podcasts, blog posts and at the Supply Chain Insights Global Summit on September 6-9. The Customer-Centric Supply Chain Strategy needs both.). Supply Chain Alignment.

6 Steps to Viable Supply Chain Reality

Logistics Bureau

While your company undoubtedly has sustainability on its supply chain agenda, creating momentum can be tricky in what is after all, a fairly new way to approach performance improvement. How to Develop a Sustainable Supply Chain. Supply Chain Mapping.

Preparing Skills for the Future of Supply Chain Management

Kinaxis

by Bob Ferrari The following guest blog commentary is contributed by Bob Ferrari, Founder and Executive Editor of the Supply Chain Matters blog and Managing Director of the Ferrari Consulting and Research Group LLC. My topic was: Positioning Your Skills for the Future Needs of Supply Chain Management , and in this 21 st Century Supply Chain guest blog, I wanted to share some of my key messages to this audience as well, since this is a topic frequently brought up.

The Top Finance Supply Chain KPIs to Measure for Shippers

Intelligent Audit

In the supply chain, it’s easy to get overwhelmed by data. In doing so, part of the battle comes down to the executability of finance supply chain KPIs. Mike Griswold, Vice President Analyst at Gartner , had this to say about the value supply chain KPIs and metrics.

10 COVID-19 Lessons for a Resilient Supply Chain

DynaSys

A Three Part Article Series from QAD DynaSys – COVID-19 and Resilient Supply Chain. In this series, discover how the COVID-19 pandemic gave us the keys to build a resilient supply chain and add value to our Supply Chain.

VTech: A Story of a Supply Chain Leader

Supply Chain Shaman

Financial balance sheet improvements cannot be driven by traditional supply chain processes. In the words of a supply chain leader yesterday, “Lora, please give me stories of success. I will write the case studies here, and share the dialogue with the supply chain leaders in our podcast series, Straight Talk with Supply Chain Insights. When I first met Nick, he was driving a supply chain transformation at VTech Communications.

The importance of reverse logistics in your supply chain network

Kinaxis

In supply chain networks, materials flow from suppliers through to end customers. Supply chain executives measure the effectiveness of that flow using the on-time delivery (OTD) metric. It’s a common supply chain measurement, focused on ensuring delivery to the end customer is fast and efficient from the time the customer puts his or her order in place. All these processes require the product travel in reverse through your supply chain network.

6 Steps to Sustainable Supply Chain Reality

Logistics Bureau

While your company undoubtedly has sustainability on its supply chain agenda, creating momentum can be tricky in what is after all, a fairly new way to approach performance improvement. How to Develop a Sustainable Supply Chain. Supply Chain Mapping.

9 Throughput Supply Chain KPIs to Measure for Shippers

Intelligent Audit

Throughput is a top priority for supply chain leaders. That’s why shippers need to track shipping data and the supply chain KPI values that affect both throughput and financial stability. The so-called perfect order metric is the ideal supply chain KPI.

How Supply Chain Planning Can Create Profit in a Declining Market

ToolsGroup

Therefore, traditional push-driven supply chains are wholly unfit for this situation. 1] Mohawk sought to profit from the resurgent demand for ‘ analog experiences ’ by owning the fine paper space and transforming its extended supply chain. The second phase involved Mohawk extending their new supply chain improvements out to its distribution network. Mohawk’s supply chain planning software played a vital role in their ability to achieve these goals.

A Collection of Bad Supply Chain Poems

Kinaxis

supply chain-related sonnets, odes, limericks, haikus – well you get the point. Without further ado, enjoy these supply chain poems written by Kinaxis staff just for you! An Ode to Supply Chains. O supply chain, how I do appreciate thee, always working hard to bring things to me. Don’t let anyone dismiss you or belittle your worth, because without you supply chain, nothing could ever circumvent the Earth! Supplies on the move.

What is LTL Shipping?

SupplyPike

Learn about: Less-than-truckload (LTL) shipping Advantages of LTL Factors determining shipping rates. Less-than-truckload (LTL) shipping is a system of transporting a smaller shipment than a typical truck filled with one order. When companies opt for LTL shipping, they are charged for the section of the semi-truck that their freight takes up. Get better shipping rates. Access the newest shipping technology. How LTL Shipping Works.

Supply chain planning in the digital age

Kinaxis

by Melissa Clow Recently, Madhav Durbha, Vice President of Industry Strategy at Kinaxis was interviewed by SupplyChainBrain on supply chain planning in the digital age. I wanted to share their fascinating conversation with our readers – check out the video interview and transcript below: Supply chain planning in the digital age. SupplyChainBrain: What are you hearing from your customers about the biggest challenges they are facing right now in supply chain planning?

Effectively Manage Foodservice Supply Chains During Disruptions

CH Robinson Transportfolio

Improving supply chain processes can be a strategic way to free up time to focus on the most important aspect of the restaurant business—happy customers. Key to this opportunity is working with a credible, aligned outsource supply chain provider.