Overcoming Complacency: How to Drive Even More Supply Chain Metric Success

Talking Logistics

The four key methods here will help you drive more success as you bring the metrics to life on your warehouse floor: 1. Show the “story” of your metrics with quarterly and yearly growth charts; show how far you’ve come as a team over time. While most metrics stop at the output level, multiple layers of metrics in a Hoshin Plan actually determine if you’re even focusing on the right targets. A sense of complacency can lurk behind benchmarks.

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. 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. Ironically, most companies are very entrapped in measuring and rewarding functional metrics which degrades overall improvement. Cash-to-cash is a compound metric.

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Who Should Be In The Winner’s Circle?

Supply Chain Shaman

The first step was to charter a research project with the Arizona State University statistics department to analyze which combination of metrics drives the highest market capitalization. From interviews, I believe that it was a combination of leadership and metrics alignment.

Showcase Your Company's Supply Chain Excellence — Three Days to Submit

Supply Chain Brain

Finalists are asked to present their case studies at CSCMP's 2018 EDGE Conference in Nashville, Tennessee. Business Strategy Alignment Education & Professional Development Global Supply Chain Management Global Trade & Economics HR & Labor Management Humanitarian Logistics Quality & Metrics Regulation and Compliance SC Analysis & Consulting Supply Chain Security & Risk Mgmt

Collaboration in supply chain management is key

Kinaxis

by John Westerveld When scrolling through my news feed Friday, I found this article from SCN : “ Collaboration Key in Creating Competitive Advantages Through Supply Chains “ The article describes research recently published by the University of Tennessee, Knoxville’s Global Supply Chain Institute.

Blockchain: Reflections on a Webinar

Supply Chain Shaman

Yesterday, I spoke at the University of Tennessee Supply Chain Leaders Forum on innovation. The current efforts are improving functional metrics and traditional processes. The presentation focused on nine themes. One of the nine was blockchain. I asked the audience for a show of hands to understand how many of the supply chain leaders in the room were testing blockchain. I saw no raised hands. Later that afternoon, I hosted a webinar featuring blockchain case studies.

Supply chain risks in the spotlight: Effects of Hanjin Shipping filing bankruptcy protection

Kinaxis

However, a 2014 report by University of Tennessee on managing risk in global supply chains points out that 90% of the firms surveyed do not quantify risk when outsourcing production! Monitoring such metrics is important and a supply chain control tower can be a key component of that strategy. by Dr. Madhav Durbha Supply chain risks in the spotlight: Effects of Hanjin Shipping filing bankruptcy protection.

Lean and Green Supply Chain Initiatives Can Be Complimentary

ModusLink Corporation

Previous commentaries on Value Unchained noted a recent University of Tennessee research study, “Green, Lean and Global Supply Chain Strategies.” In the posting, Beyond the Research Part Three: Green and Lean Global Supply Chain Strategies , the researchers at the University of Tennessee made a rather important observation. Instilling a “language of green”, as noted by the University of Tennessee researchers is key, and examples can be garnered from other firms.

Lean 99

Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

Many metrics can be used to determine the top 3PL warehousing companies, such as company revenue, the number of warehouses, total warehouse square footage , etc. Third-party logistics companies ( 3PLs ) specialize in distribution, warehousing and fulfillment services.

Book Review - Supply Chain Transformation: Building and.

Supply Chain Opz

Paul Dittmann is the Executive Director of the Global Supply Chain Institute at the University of Tennessee. Chapter 9: since a new project requires the need for a new supply chain organization, the author suggests the ways to handle organizations structure, reporting route and necessary metrics that foster the success of a project. NAVIGATE. Basics. Case Studies. Graphics. All Posts. About. Copyright. Privacy. Blogroll.

Emerald Citation of Excellence 2013 for supply chain innovation article

Supply Chain View from the Field

I learned today that one of the articles I published with colleagues from the University of Tennessee, Oxford University, and Manchester University was cited for the 2013 Emerald citation of Excellence award. Professor Anne-Wil Harzing, a recognized authority on journal quality and citation metrics, comments: “I am happy Emerald is using Publish or Perish to make their first selection for the Citation of Excellence Awards.

SCRC Meeting – Tom Linton’s “Supply Chain Eight” and Golden Winged Warblers : Questions Every New CSCO Should Ask Their CEO

NC State SCRC

My first Monday in, I asked for a full report of all our supply chain metrics, and my analyst told me he could get it to me by Friday. The major components include revenue, income statement, and balance sheet metrics, but others may follow that are important to the organization and its stakeholders. An expert in bird migration noted that a massive group of warblers in Eastern Tennessee, suddenly flew away and left for Florida.

This Week in Logistics News (February 18-22, 2013)

Talking Logistics

Here are some excerpts from the press release: In the 20 years examined, 11 states (North Dakota, Virginia, Missouri, Nebraska, Maine, Montana, Tennessee, Kansas, Wisconsin, Colorado, and Florida) made progress in all seven categories and 37 states improved in at least five of the seven metrics.

Mexico 100

7 Pitfalls of Amazon FBA (Fulfillment By Amazon)!

Supply Chain Game Changer

Amazon FBA sometimes falls short in this crucial metric. If Bob chooses Red Stag as his fulfillment warehouse, his inventory in our Knoxville fulfillment warehouse may trigger an obligation for him to register to collect and remit Tennessee sales tax. Subscribe Here! Email Address. Article provided by Jake Rheude at [link]. Check out 5 E-Commerce Order Fulfillment Choices!

25 supply chain experts reveal the best tactics to optimize a supply chain

6 River Systems

He loves University of Tennessee football and thinks his black lab Reagan is the best dog. “Hire an experienced supply chain manager…” Technology, metrics and systems are crucial, but the importance of experienced leadership and a clarified expectation for operational excellence cannot be overstated. Getting customers what they want, in a timely manner and at the lowest possible cost (without sacrificing quality) is the foundation of any product-based business.

Do Your Business Relationships Suffer from Strategic Drift?

Talking Logistics

In the University of Tennessee’s Vested Certified Deal Architect program, we focus on how a properly architected governance structure can help prevent strategic drift. Develop a communications cadence or rhythm—a regular cadence is an important aspect of the governance structure; formal and regular reporting and measurement processes should include metrics that align performance to strategy.