Transportation Sourcing in an Omni-channel World

Talking Logistics

Unfortunately, many retailers are jumping in without a plan — that is, they are taking a short-term, silo’ed approach to transportation sourcing and execution, and as a result, are failing to meet their desired outcomes. Also, is multi-functional engagement important and, how does omni-channel impact transportation sourcing? According to Joe, enVista’s Director of Transportation, “The key to omni-channel sourcing is that it requires you to understand your goals and objectives.

Supply Chain Metrics: Make Sure They Are Aligned with Your Strategy!

Supply Chain View from the Field

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Rather then selecting a plethora of meaningless metrics, it is always better to focus on a critical few, and select them wisely. Step 2 – Develop Metrics and Data Sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

SanDisk’s Story of Customer Segmentation Strategies Using Inventory Postponement

Supply Chain Shaman

Source: Dictionary.com. When I hear companies discussing the implementation of a customer segmentation strategy, I ask a series of questions: Who is your customer? What are you trying to accomplish through the execution of a customer segmentation strategy? Today, there is not a well-defined template on how to build and operate a supply chain defined by customer policy and segmentation strategy. This is a true execution of a customer segmentation strategy.

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.

Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

Second, they adapt over time as market structures and strategies evolve. We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. The delivery against goals starts with leadership and a clear strategy. Reward teams for cross-functional metrics. Buffer strategies.

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? The answer to this question lies in using last mile metrics to track key performance indicators and target levels of service to ensure accountability, visibility and continued reduction of costs in last mile delivery. Essentially, shippers need to track these 11 metrics. On-Time Deliveries Are King of Last Mile Metrics.

Is A Customer-Centric Strategy the Same as Demand-Driven? Outside-In?

Supply Chain Shaman

The client leaned across the table and asked, “Is a customer-centric supply chain strategy the same as a demand-driven supply chain strategy?” Drawing from the Whiteboard: Building Customer-Centric Supply Chain Strategies. I asked the group to think of demand-driven concepts as the enabler of customer-centric strategies. An example is the understanding of the shopper across the moments of truth in omnichannel strategies. It was an early morning.

The Supply Chain Carbon Footprint Reduction Strategy

Supply Chain Game Changer

Overall there are key overriding factors to be considered in defining and optimizing any end-to-end Supply Chain strategy from an environmental perspective: Reduce waste and improve efficiencies. The basic Supply Chain Carbon Footprint/Environmental Impact Reduction strategy must thus include: Executive Support. Low cost sourcing is a predominant reason for this geographically dispersed network. Do they have an energy and water consumption reduction strategy?

Transportation Network Modeling: A Powerful Tool in Greenhouse Gas Emissions Reduction Strategy

Talking Logistics

Supply chain network and transportation optimization can help make better sourcing and multi-stop route decisions that ultimately result in route design that balances low costs with higher service. In 2010, Walmart announced its goal to eliminate 20 million metric tons of GHG emissions from its global supply chain by the end of 2015. million metric tons to date, saying that some measures had led to a doubling of fleet efficiency.

Tools 155

Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

SUMMARY: Because 4PL providers handle a company’s entire chain, including challenges that are thrown up by advances in technology, they are increasingly being favoured over third-party logistics (3PL) providers, especially by big companies with complex supply chains.

50 expert tips on logistics planning and strategy

6 River Systems

Seeing this, we decided that it would be helpful to compile a curated list of 50 of the best tips on logistics planning and strategy that we could find. Logistics strategies for streamlined fulfillment. “Users can easily now look at your global or regional supply situation and quickly source alternates when required, but the key here is to practice your response. Logistics strategies for streamlined fulfillment.

Public Markets Reward Supply Chain Alignment

Supply Chain Shaman

The relationship between corporate financial performance and supply chain metrics was complex; and in my first attempts, I was unable to derive a correlation. The year 2012 marked the 30th anniversary of the use of supply chain management as a cross-functional process for source, make and deliver in the commercial sector. I wanted to better understand which metrics truly mattered. The Metrics That Matter Are Different by Industry Sector.

Wanted: Supply Chain Architects!

Supply Chain Shaman

Much to my chagrin, when I entered into the world of supply chain, the processes of source, make and deliver were usually not designed. Instead, I think that it needs to be holistic to balance the trade-offs of source, make and deliver together. This is difficult for the average company since only one in two supply chains have source, make and deliver reporting through the same organization (reference Figure 1).

Selling on Shopify for Beginners: Sourcing, Designing, and More

ShipBob

It’s also a great foundation for a strong online marketing strategy as it provides premium marketing tools, such as SEO features and advanced ecommerce analytics. . Make sure you know the answers to questions like: How will my marketing strategy support my online store’s growth?

4 Strategies to Improve Supply Chain Efficiency for Manufacturing Business Owners

Unleashed

Manufacturers typically perform planning, sourcing (finding suppliers), making (manufacturing), delivering and returns. Below we outline four strategies to improve supply chain efficiency for manufacturing business owners. Creating a mutually beneficial strategy can be difficult but is not impossible with careful planning with clearly defined and measurable objectives, and relevant information transparency.

Seasoned Leadership in Action? ? An Interview with Joe Carson, CEO Spend Strategies, LLC!

Supply Chain Game Changer

This interview is with Joe Carson, CEO and Founder of Spend Strategies, LLC. Joe Carson, CEO Spend Strategies, LLC. Joe is currently the CEO of Spend Strategies. As an experienced business professional, he has served in diverse roles ranging from Marketing and Strategy, to Procurement and Supply Chain. factors need to be integrated into sourcing strategy decisions and therefore into supplier selection criteria. Subscribe Here! Email Address.

26 supply chain pros reveal the single most effective way to create a winning supply chain strategy

6 River Systems

However, even with a growing number of innovative technologies at your fingertips, your success still depends on your strategy. To help you determine what tactics, processes, technologies and practices are a must-have in a winning supply chain strategy, we reached out to a panel of supply chain professionals and asked them to answer this question: “What’s the single most effective way to create a winning supply chain strategy?”

Battle Strategies for Today’s Digital World

Supply Chain Nation

Technology has become the equalizer, trampling once unique selling propositions and strategies, as customers wield great power among retailers, distributors and manufacturers alike. They are defining strategies congruent with their purpose and targeted outcomes. Strategy – Define and segment the addressable market and clearly agree on what doesn’t align with the organization’s focus. Metrics – Determine what success looks like at various levels, from operational to strategic.

Ensuring Workers’ Rights in Global Supply Chains

Supply Chain Brain

Often it’s those deeper levels that are the source of violations or inadequate working conditions. Business Strategy Alignment Education & Professional Development Global Supply Chain Management HR & Labor Management Supply Chain Security & Risk Mgmt. Regulation and Compliance Quality & Metrics All Technology Supply Chain Visibility Sourcing/Procurement/SRMJust about every major manufacturer has a supplier code of conduct to ensure that workers are treated humanely.

Where Will Companies Find Their Future I.T. Expertise?

Supply Chain Brain

We’re in the midst of a shift in how work gets done within a business,” says Arun Srinivasan, senior vice president of strategy and customer operations with SAP Fieldglass , a provider of vendor-management systems (VMS) software. “We’re It’s the model under which companies draw on talent from multiple sources, including in-house staff, outsourced services providers, and freelancers. Talent today comes from the source that meets a company’s needs of the moment.

Navigating The End-to-End Journey

Supply Chain Shaman

The answer for many teams I work with is to wave their hands and declare the need for an end-to-end supply chain strategy. Building the Effective End-to-End Strategy. While companies believe that there is opportunity to building an end-to-end strategy, there is no standard definition. When source, make and deliver report to the same organization, progress is quicker. Companies with the greatest progress have a common leader for source, make and deliver.

Why Your Organisation Needs to Know the Difference Between KPIs and Metrics

Unleashed

With that, we know that Key Performance Indicators (KPIs) and metrics are important. The problem is that many organisations use the terms KPI and metrics interchangeably. While this error is semi-forgivable, it can have a huge impact on how you design and implement your strategy. Taking the time to separate your KPIs from your metrics will help give you a boost over on those who don’t know the difference. What’s the difference between KPIs and metrics? Metrics.

KPI 48

New Survey Says Alignment of Supply Chain and Business Strategies Is Critical to Success

Tompkins Blog

RALEIGH, NC, April 15, 2014 — Is it important to connect your supply chain strategy with your business strategy? Aligning Supply Chains with Business Strategy , a new report by Tompkins Supply Chain Consortium based on survey findings from 172 participants, makes a strong case for the importance of connecting supply chain and business strategies. “We The greatest take-away from this report is that the importance of an integrated strategy cannot be ignored.”

Battle Strategies for Today’s Digital World

Supply Chain Nation

Technology has become the equalizer, trampling once unique selling propositions and strategies, as customers wield great power among retailers, distributors and manufacturers alike. They are defining strategies congruent with their purpose and targeted outcomes. Strategy – Define and segment the addressable market and clearly agree on what doesn’t align with the organization’s focus. Metrics – Determine what success looks like at various levels, from operational to strategic.

eBook 40

4 KPIs to Measure the Success of Your New Sustainability Strategy

AFFLINK

Even more challenging is establishing goals and metrics for this ever-moving target. We've suggested four of the most valuable key performance indicators (KPIs) to determine whether or not your sustainable supply chain management strategy is meeting your intended outcomes. Start at the sourcing phase, move into the assembly line, observe the transaction period between the customer and your company, and end at the customer’s final experience with your brand.

Sales Can Use RACI Charts to Understand Procurement… and vice versa!

NC State SCRC

In less mature organizations, the sourcing decision will be more ad hoc, will be typically led by decision-makers in the business unit, and the textbook approach of working through business stakeholders at a local level makes sense. What is the organizational hierarchy in procurement – category manager for the category, director of sourcing (transportation and related services), buyers, and CPO? Do they have a formal strategic sourcing program?

Training for the Next Triathlon. Insights for You?

Supply Chain Shaman

Abby and I are writing an e-book on Supply Chain Metrics that Matter. It has been fascinating for me to study the financial results of clients that I have worked with for the past twenty years and to see how their supply chain strategy documents translated (or did not translate) into financial results. Likewise, in today’s supply chain environment, I find that supply chain leaders favor a single function of logistics, manufacturing or sourcing.

The Magic Bullet for Real-Time Supply Chain Collaboration? Cloud Visibility.

synchrono

Modern Demand-Driven Manufacturers are leveraging real-time Cloud-based visualization and collaboration systems to view data from multiple, disparate sources while keeping the data in its original, host environment. There is no limit to the data sources that can be connected or how the data can be sliced and diced and made visual to accommodate the different layers and levels of the manufacturing enterprise. The strategy for doing such is standardizing – or normalizing – data.

KPI 69

Global Sourcing and Human Rights Go Hand in Hand

NC State SCRC

Low-cost country (LCC) sourcing is now a commonplace strategy for shrinking bottom line labor and material costs in most consumer products industries, including apparel, footwear, toys, and other manufactured products. The on-going tariffs levied by the Trump administration in 2018 against China has also made this option significantly more expensive for sourcing.

7 KPIs Your Procurement Team May Be Ignoring!

Supply Chain Game Changer

A Procurement strategy should be structured with a clearly defined set of goals and an overarching vision. During sourcing projects, compliance is a valued attribute from the side of a supplier. For this very reason, your Procurement team needs to ensure that your procurement strategy and activities are aligned with global and local business efforts to practice sustainable development. procurement #purchasing #metrics #highperformance. Subscribe Here! Email Address.

Getting Bangladesh’s Apparel Industry on the Map

Supply Chain Brain

Illegal subcontracting at Rana Plaza resulted in many foreign brands losing faith in the country as a legitimate source of offshore production. In theory, factories should be eager to be identified as legitimate sources of production, as a means of securing more business. Business Strategy Alignment Global Supply Chain Management HR & Labor Management Quality & Metrics Sustainability Supply Chain Security & Risk Mgmt.

SCRC Meeting Insights Part II: Management Principles for Executing Visibility Strategies

NC State SCRC

The problem in most supply chains is “not enough data”, because data is being created from machines, from people, from systems, and from external sources. Often the sources of information are hidden in piles of data that we don’t think about. Will digitization change the way we measure things and monitor metrics?

Post-Pandemic Impermanence and 6 Actions to Take Now!

Supply Chain Game Changer

Post-pandemic article and permission to publish here provided by Joe Carson, CEO of Spend Strategies, LLC. This strategy will play a role but is also not a panacea. Most risk management specialist will tell you that managing even the top 90% of suppliers by expenditures is an outmoded strategy. Some will be adjusting their manufacturing strategy and points of production. Develop an integrated Risk and ESG metric base and integrate into sourcing strategies.

China 63

The Gig Economy Is Here to Stay — But Can Workers Survive in It?

Supply Chain Brain

Thirty years ago, when McGovern founded M Square Consulting as a source of independent consulting talent, “we had to educate people [about the option],” she says. HR & Labor Management Quality & Metrics Regulation and Compliance Global Supply Chain Management Business Strategy Alignment Education & Professional Development Home Page Latest News Home Page Slider Editors' Blog

Supply Chain Management:Instance Consolidation Strategy

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. « Key Asset Management trends in Oil & Gas Industry | Main | Knitting Agile with Asset Maintenance - a perspective on Agile Asset Maintenance » Instance Consolidation Strategy. Benefits: Avoid multiple sources of truth - With single / reduced number of instances the number of databases will be less. Instance Consolidation Strategy. About Us.