KPI Supply Chain: Parcel Metrics to Track and Boost Peak Season Value

Cerasis

Carving a successful footprint and managing to boost Peak season value involves the direct application of KPI supply chain best practices. The post KPI Supply Chain: Parcel Metrics to Track and Boost Peak Season Value appeared first on Transportation Management Company | Cerasis.

KPI 245

5 More Reverse Logistics Metrics to Track

Cerasis

Across returns supply chains—a core component of reverse logistics—the need to improve performance has never been higher. Companies across the globe have taken note of the value of big data analytics in logistics and how tracking key performance indicators (KPIs) and core metrics can dramatically affect supply chain performance. The post 5 More Reverse Logistics Metrics to Track appeared first on Transportation Management Company | Cerasis.

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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.

Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

” Here is an excerpt from the article: “…it isn’t by becoming more efficient that the supply chains of Wal-Mart, Dell, and Amazon have given those companies an edge over their competitors. First, great supply chains are agile. Supply Chain Planning.

Why You Should Embed Customer Service Metrics in Your Supply Chain

Speaker: Irina Rosca, Founder, sustainSCM and Director of Supply Chain and Customer Success Operations, Helix OpCo

Across industries, 81% of all customers attempt to take care of matters themselves before reaching out to a live representative. When there is so much information in customer feedback, why do supply chain managers leave such expensive insights on the table? Supply chain touches the product from conception until it arrives in the hands of the customer, and sometimes through the recycling process. Join Irina Rosca, Director of Supply Chain and Customer Success at Helix as she walks through the key questions to connecting the supply chain with the voice of the customer.

Top 10 Metrics to Track and Manage Risk in the Supply Chain – Part 2

Cerasis

This is part two of the Top 10 Metrics to Track and Manage Risk in the Supply Chain article. Disruption is nothing new to supply chain professionals. Risk Management Supply Chain manage risk

My Take: Metrics that Matter

Supply Chain Shaman

Dialogue with global supply chain teams energizes me. 1) Get Clear on the Definition of Supply Chain Excellence. He has a passion to do supply chain right, but he is uncertain on what to do. Joe works for Filipe, and his boss believes that supply chain excellence can best be typified by lean. Frank believes that supply chain excellence is best defined by his experiences at Procter & Gamble. Achieving Balance in Metrics.

No Industry Has A Better Success Metric than Baseball

Logistics Viewpoints

In business, and the supply chain realm, no other success metric has this clarity. The post No Industry Has A Better Success Metric than Baseball appeared first on Logistics Viewpoints. Metrics and Standards strategy success

Which Supply Chain Metrics Matter the Most?

Talking Logistics

When it comes to supply chain and logistics, figuring out the right approach to measuring performance is a challenge. Assuming you can start with a clean slate, are there any guiding principles to selecting the “right” metrics? One is they have way too many metrics. Which supply chain metrics matter the most? Do you have too many or too few metrics in your organization? Are your metrics lagging indicators or leading indicators?

Driving Supply Chain Analytics User Adoption with Cross-Departmental Metrics

Logility

User adoption is a challenge that often arises during the rollout of supply chain analytics solutions. The obvious danger of this is that business rules and data governance often don’t exist from department to department or user to user, leaving an overall picture into the health of the business that is foggy because KPIs and metrics do not correlate across the organization.

Supply Chain Metrics that Matter

Supply Chain Movement

Supply Chain Metrics That Matter makes this truth clear enough with its thorough analysis of recent multi-industry performance trends. The research shows that continually building value at all points along the value chain is the key to sustained success. Supply Chain Metrics That Matter was written to guide businesses through the change process with a measurementbased outlook that will help any organization stand the test of time.

Supply Chain Leaders Rearranging Deck Chairs? Yes, I Think So.

Supply Chain Shaman

After finishing the Supply Chains to Admire report and the Youtube series (to be released this week), this is my feeling. What Is Supply Chain Excellence? In the review of my first book, Bricks Matter , Keith Harrison, former Global Director of Product Supply at P&G asked me, “You mention the need for supply chains to shift from a focus on cost to value. My first observation is that the best supply chains are fit for function.

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.

Announcing the Supply Chains to Admire for 2019

Supply Chain Shaman

I feel that topic of supply chain management is analogous to the downward cycle of the news channels. What Drives Supply Chain Excellence? I analyze supply chain management. The broader the definition of end-to-end strategy and the alignment of supply chain processes drives value. Over the last month, I have been working on the 2019 Supply Chains to Admire analysis. They want to know, “What drives supply chain improvement?

What Are the Most Important 2020 Freight Metrics to Know?

Cerasis

Then, coronavirus happened to spread, and now, it will impact global supply chains. The post What Are the Most Important 2020 Freight Metrics to Know? Data Freight 2020 freight metricsIn early 2020, the market forecast for freight looked bright. The turmoil of the U.S.-China China trade war appeared at an end, and few disruptions were believed to cause issues in 2020. It is only a matter of time. Fortunately, understanding the facts.read More.

Time for a Supply Chain Metrics Cleaning

Logility

Wait, it’s not spring; but does that mean you have to wait another eight months to review your supply chain? Often, it becomes necessary to reevaluate how supply chain performance is measured to ensure healthy operations. Ask yourself, “Are your supply chain metrics bogging you down?” However, companies often have too many independent metrics that can cause conflicts amongst competing supply chain functions.

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.

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 ). Lora Cecere is the founder and CEO of the research firm Supply Chain Insights. She is the author of the enterprise software blog Supply Chain Shaman , which attracts 5,000 readers weekly. Currently, Lora’s research focuses on supply chain sensing and revenue management.

Reverse Logistics Companies: Using Metrics to Track Performance

Cerasis

The returns supply chain remains difficult to manage. According to Jeff Ladner via Supply & Demand Chain Executive, the maintenance, repair, and operations materials costs comprise up to 15% of total operating costs. The post Reverse Logistics Companies: Using Metrics to Track Performance appeared first on Transportation Management Company | Cerasis. In the age of e-commerce, that complexity only continues to grow.

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?

Editor’s Pick: Just How Valuable are Supply Chain Metrics?

Talking Logistics

Note: Today’s post is part of our “Editor’s Pick” series where we highlight recent posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. Today’s post is by Joel Holt at Kenco Group , where he discusses several ways that supply chain metrics bring value to your organization. Editor's Pick Kenco Group logistics supply chain metrics

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. In-Full metrics measure the number of cases ordered against the number of cases delivered.

Your supply chain is costing you money – Reason #9: Relentless pursuit of one metric at the expense of other metrics.

Kinaxis

Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Reason #3 Not having end-to-end supply chain visibility. Reason #4 Making key decisions by modelling the supply chain in Excel. Reason #5 Not having a supply chain risk management process. Reason #7 Making decisions based on bad data (supply chain data accuracy). by John Westerveld.

Announcing the Supply Chains to Admire 2015

Supply Chain Shaman

Tomorrow, I present the Supply Chains To Admire 2015 Analysis at the Supply Chain Insights Global Summit in Scottsdale, AZ. The theme is “Imagine the Supply Chain of 2025.” At the event, we will also announce the winners of the Supply Chains to Admire methodology for 2015. Today, supply chain excellence is easier to say than define. Sharing of the Supply Chains to Admire Work.

Supply Chain Metrics - Gaining Visibility in a Data-rich World

Logility

The second part of Drucker’s quote, “if you can't measure it, you can't improve it,” really brings home the importance of having the right set of metrics. In the field of supply chain management, we have created an abundance of metrics and key performance indicators (KPIs). For the past 30 years I have been involved with multiple efforts to build a set of supply chain metrics and have learned a few things along the way.

Congratulating the Supply Chains to Admire Winners

Supply Chain Shaman

This afternoon, I poured myself a cup of tea to pen congratulation emails to the Supply Chains to Admire award winners. Each year, based on feedback from supply chain leaders, we refine the methodology. Supply Chains to Admire Award Winners.

How to Establish Early Warning Supply Chain Metrics

Arkieva

In recent webinars and presentations, I have been talking about Early Warning Systems within the context of supply chains. The news story above made me think of several examples where a supply chain would use similar concepts to develop early warning metrics. How to Establish Early Warning Supply Chain Metrics was first posted on October 11, 2017 at 10:00 am. ©2017

Supply Chain Dashboards – Key Metrics For Manufacturers

Silvon Software

As I mentioned in my previous post, Sales Dashboards – 16 Metrics for Manufacturers , a strategy for measuring business performance should also incorporate metrics that focus on the supply chain and other operational areas of the enterprise. Supply chain metrics and key performance indicators (KPIs) are sometimes a bit tougher to compile than sales metrics.

Five Reflections From Supply Chain Planning Benchmarking

Supply Chain Shaman

In my work with Supply Chain Insights , I immerse myself in learning. I continually question my long-held beliefs on supply chain excellence. . When readers finish a Supply Chain Shaman blog, I want to drive a set of unique takeaways. Today, I am going to share five insights that I have gleaned from our work on Supply Chain Planning Benchmarking. Figure 1: Supply Chain Planning Benchmarking Methodology Overview.

Public Markets Reward Supply Chain Alignment

Supply Chain Shaman

Today, I am proud to launch the Supply Chain Index. It is my hope that the readers of this blog will take time to either join us today to listen to the launch of the Supply Chain Index on our webinar or listen to the replay. (We The Supply Chain Index has been two years in the making. As I sat at my kitchen table, I reviewed spreadsheet after spreadsheet of corporate performance data on supply chain financial ratios.

L’Oréal: A Case Study in Supply Chain Excellence

Supply Chain Shaman

At the Supply Chain Global Summit 2018 , Francois discussed the impact of digitalization, Industry 4.0, and L’Oréal’s approach to business that has allowed the company to continuously rank as a Supply Chains to Admire winner for four consecutive years.

Modern Metrics

synchrono

Given the more customer-centric demand-driven model – coupled with greater access to information – the metrics that manufacturers monitor to make improvements in operations become more focused and actionable. Inventory Turns, On-time Delivery and Fill Rate provide an overall indication of Operations and Supply Chain health, while other metrics such as Schedule Adherence, Supplier Quality and Yield provide more localized insight.

Help Supply Chain Planners Be More Successful In These Uncertain Times

Supply Chain Shaman

As I shopped at Best Buy for office supplies, I struggled to not think about the massive disruption of electronics supply chain. The Sam’s Club and Costco shortages of water, toilet paper and laundry products signals one thing for me: the spread of the virus will disrupt every supply chain. As markets shift, supply chains struggle to adjust. The order is a poor proxy for demand and few supply chains have access to consumption data.

History Repeats Itself Without Supply Chain Leadership

Supply Chain Shaman

This is a story for the Eds, Franks, and Toms working together in supply chains across the globe. It is also a story for a young supply chain manager attempting to make a difference, but feeling stymied. Efficient supply chains may not be the most effective.

6 metrics tips and tools to benchmark P2P Digital Transformation

ivalua

Here’s a look at some of the Procure- to-Pay metrics procurement leaders should watch in order to better understand their digital progress. This metric closely aligns with digital transformation progress. This metric also impacts others like speed, visibility, and cost savings. . #2 Digital sourcing tools can help make this a more manageable metric. #3 Success in this metric also contributes to long-term vendor relationship management. #4