[WHITE PAPER] 4 Strategic Considerations when Considering Offshoring Parts of your Supply Chain

Cerasis

White Paper: Hidden Risks and Costs in an Offshore Supply Chain. In fact, our friends over at the Rodon Group, with whom we’ve started an ongoing blog collaboration, starting with this post and more to come, have written a White Paper entitled, “ Hidden Risks and Costs in an Offshore Supply Chain.” Use key metrics and a scorecard system to understand if product is flowing as planned. Supply Chain White Papers offshoring

[WHITE PAPER] A Guide to the Warehouse Metrics Supply Chain Execs Should Track

Veridian Solutions

Metrics, sometimes referred to as key performance indicators (KPls), data, insights, or analytics, provide a glimpse into the universe of your warehouse management system (WMS) and operation. Tracking the right warehouse metrics is comparable to using binoculars to gain insight into your processes. Big data also increases the importance of metrics in the modern warehouse. Metrics and KPIs Warehouse Management White Paper

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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.

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.

Don’t let incorrect design assumptions affect supply chain performance

Kinaxis

In this ideal supply chain world, monitoring a supply chain’s behavior and identifying when certain elements of the supply chain are both outside expected performance levels and are significant enough to have an overall impact on revenue, customer satisfaction, overall inventory and other business metrics can help planners make adjustments and reduce the risk,” says Greenbaum. by Alexa Cheater Wouldn’t it be nice if your supply chain actually performed the way you designed it to?

Forecast Accuracy: Why It Matters and How to Improve It

E2open

In this white paper, learn why forecast accuracy matters and how it drives key financial metrics. White Papers & ReportsDemand forecasts underpin essentially every major business decision, but discussions about forecast accuracy rarely get visibility outside of supply chain organizations, let alone at the board level. The post Forecast Accuracy: Why It Matters and How to Improve It appeared first on E2open® | Demand. Supply. Delivered.

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.

6 Benefits of Effective a Reverse Logistics System & The 9 Core RevLog Metrics to Track

Cerasis

BONUS: Download the Ultimate Guide to Transportation Reverse Logistics White Paper. 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. Measures such as amount of product to be reclaimed and resold as is, or percentage of material recycled, are examples of such metrics.

Metrics and Issues to Consider in SQM (Supplier Quality Management) By 5 Big Industries

Cerasis

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. In today’s post, Chuck will take it a step further and break down metrics and issues to look out for by 5 main industries: Pharmaceuticals. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site.

Manufacturing Metrics that Actually Matter (The Ones We Rely On)

synchrono

LNS Research blogger Mark Davidson said, “When it comes to metrics, it’s often said that what gets measured gets done.”. Mark also writes: “Metrics that have the attention of business and manufacturing leaders tend to be those that get measured and improved upon by their employee teams.”. But are employees being rewarded for metrics that do not in turn reward demand-driven flow and the customer signal (both real and imagined)? Metrics for Action.

Selecting the Right Metrics to Optimize the ROI of Channel Incentive Programs

E2open

This white paper is designed for channel marketers as a guide to select and report on the appropriate channel ROI metrics to use as a foundation for launching new programs, or optimizing existing programs. The post Selecting the Right Metrics to Optimize the ROI of Channel Incentive Programs appeared first on E2open® | Demand. White Papers & ReportsThe quest for ROI supporting channel programs has never been greater.

Are Your Manufacturing Metrics Meaningless?

synchrono

In any manufacturing environment, delivering what you promised when you promised is good business, so measuring this metric makes sense. However, as simple as this metric should be to measure, it can get complicated. Making Manufacturing Metrics Meaningful Again. Creating a common definition for key metrics and then letting a system, such as SyncView from Synchrono, serve that KPI up in a dashboard helps ensure everyone is working from the same version of the truth.

Why Demand-Driven Manufacturing is Focused on Metrics for Action

synchrono

Demand-driven managers know that having too many metrics leads to conflicting measurements. We call these Metrics for Action. Metrics for Action. Metrics for Action are not intended for overall business analysis or for simply reporting. Rather, they are metrics grounded in Lean Manufacturing , Constraints Management, and Six Sigma principles that serve as operational indicators that can be acted on to improve production flow and ultimately, Throughput.

The 7 Habits of Highly Effective 3PLs

The Logistics of Logistics

A KPI is an indicator (a metric) that you have chosen, and agreed with your partners and or customers, that will determine whether you are meeting your critical success factors. White Paper: The Essential Guide to LTL Shipping Improvement: Action Plan and Metrics for Rapid Transformation. Highly effective 3PLs have developed the right habits, culture and processes to deliver excellent service to their clients.

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[PODCAST] How Shippers Can Compete Against Rising Transportation Costs & Competition Using Data

Cerasis

Transportation Metrics that Matter the Most for Shippers to Track to Improve Performance. GET YOUR FREE WHITE PAPER. DOWNLOAD WHITE PAPER. Hello and welcome back to another episode of “The Freight Project Podcast!” On today’s episode we welcome Hannah Testani, Chief Operating Officer of Intelligent Audit , a global logistics and freight audit company. We hope you enjoy “The Freight Project Podcast.”

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[PODCAST] Why Shippers Looking for Capacity & High Service Levels Need the Right Carrier Mix & Logistics Fundamentals Focus

Cerasis

Capacity & Carrier Metrics Resources to Download. Transportation Metrics that Matter the Most for Shippers to Track to Improve Performance. Get your Free White Paper. DOWNLOAD WHITE PAPER. Hello and welcome back to another episode of “The Freight Project Podcast!”

Logistics Key Process Indicators (KPIs)

The Logistics of Logistics

A KPI is an indicator (a metric) that you have chosen, and agreed with your partners and or customers, that will determine whether you are meeting your critical success factors. Key Process Indicators vs. Metrics. I sometimes use the terms KPI and metrics interchangeably, but they are not the same. A metric is any standard of measurement (number of carriers, inventory turns, average shipment weight, etc.). Only the most important metrics can grow up to become KPIs.

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[PODCAST] Why Logistics Execs Who Glean Insights from Transportation Management Data Collaborate More & Reduce Shipping Costs

Cerasis

The Ultimate Guide to Manufacturing, Supply Chain, Logistics, Transportation, & Freight Metrics & KPIs. Transportation Metrics that Matter the Most for Shippers to Track to Improve Performance. GET YOUR FREE WHITE PAPER. DOWNLOAD WHITE PAPER. Hello and welcome back to another episode of “The Freight Project Podcast!” On today’s episode, we welcome Cerasis, co-founder and Vice President of Business Development Steve Norall.

Implementing Omnichannel: How to Get Your Supply Chain Ready to Go Omnichannel

Cerasis

WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download white paper. Develop Metrics to Track the Effectiveness and Efficiency of the Omnichannel Strategy. Retailers must implement specific metrics to track the effectiveness and efficiency of the original strategy and all appropriate solutions.

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

synchrono

More information on this topic: White paper: End-to-End Supply Chain Visibility Technology is Here. Jessica Twentyman reported in the Financial Times , that for many manufacturers, supply chain collaboration is stuck in the dark ages.

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Revolutionize Your Planning with SCP 4.0

Kinaxis

As our most recent white paper, SCP 4.0: Competing metrics need to be visible and actionable insights easily accessible. Check out our white paper, SCP 4.0: by Meranda Powers Let’s face it. Current supply chain planning systems have plateaued. They’re not fast enough or agile enough to keep pace with today’s rapidly shifting digital landscape. Companies are struggling, unable to get ahead of increasing complexity and mounting risks. But how did we get here?

[PODCAST] Why Transportation Management Data Has Carriers & Shippers Forging Collaborative Relationships to Beat the Capacity Crunch

Cerasis

Transportation Metrics that Matter the Most for Shippers to Track to Improve Performance. GET YOUR FREE WHITE PAPER. DOWNLOAD WHITE PAPER. Hello and welcome back to another episode of “The Freight Project Podcast!”

Tips for Maximizing Warehouse Space

Cerasis

WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download White Paper. Use metrics and Big Data analytics for performance measurement and improvement, explains Inbound Logistics. The 2018 State of Logistics Report , sponsored by 3PL Central , indicates warehousing models are evolving at a phenomenal rate.

Warehouse Management Proficiency Through Mobility Technology

Cerasis

The Problem: Warehouse Managers Overlook the Value of Mobility Technology Warehouse managers are faced with endless pressures to move more products, reduce labor and carrying costs, increase perfect order metrics, and meet increasing consumer demands. GET YOUR FREE WHITE PAPER. DOWNLOAD WHITE PAPER. Less use of manual technology, like label-guns, reduces paper costs.

Managing E-Commerce Fulfillment Spikes With Data Analysis

Cerasis

Get Your Free White Paper Today. Fortunately, data analysis allows Warehouse Managers to gain the insights necessary to create metrics to track performance, which are also known as key performance indicators (KPIs). The list of metrics can go on and on, so shippers should consider streamlining the entire process by automating supply chain controls and notification systems with business intelligence.

The Business Case For a Modern Warehouse Management System

Cerasis

WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download white paper. Performance metrics can be used to provide real-time feedback, which helps keep employees motived and focused on continuous improvement. Maintaining scalability and efficiency in an omnichannel-driven world is difficult at best.

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The Best LTL KPI for Measuring Cost

The Logistics of Logistics

The cost per pound metric can be used to compare individual shipments, carriers, and even weekly invoices. White Paper: The Essential Guide to LTL Shipping Improvement: Action Plan and Metrics for Rapid Transformation. The best LTL KPI for measuring cost performance is cost per pound. The less than truckload (LTL) cost per pound KPI is easy to calculate (see below).

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What Warehouse Management Technology Is Necessary to Create a Best-in-Class Distribution Center?

Cerasis

WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download white paper. Reports, dashboarding tools, key performance indicators and metrics, created and analyzed via big data and analytics, can help managers stay aligned with enterprise-wide and customer needs, fulfill more orders, and avoid disruptions or repercussions from violations of regulatory measures.

Is Seamless OmniChannel Possible? How to Avoid Supply Chain Technology Hiccups

Cerasis

WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download white paper. Leverage Inventory as Data When systems communicate, they create inventory data, but actual inventory can be turned into data points and metrics to understand the flow of products. Omni-channel sales strategies have become essential to companies trying to keep up with Amazon and major retailers.

Five Steps to Launch a Supplier Scorecard

Logility

3 Get the metrics right. Supplier metrics should be captured about monthly. Check out this white paper, Leveraging Inventory for Profitable Growth. Supplier scorecards are globally accepted as a key tool for managing a more profitable supply chain. Key uses for a supplier scorecard include: Measuring performance and driving improvements. Justifying which suppliers to keep in your supplier base. Strengthening a negotiating position.

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Integrating ERP and TMS: Why Your Business Needs Both Systems

Cerasis

WHITE PAPER] The Current Factors Driving the Less Than Truckload Pricing Market. Download White Paper. TMS software keeps track of metrics better attuned to the industry, such as fuel trends, number of late shipments, transit times and more. Too often, ERP software is seen as the final answer to any and every distress a business may face.

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The New Reality of Amazon FBA with Ephraim Ausch

The Logistics of Logistics

The new performance metrics were a result of carriers arriving late and or missing appointments. White Paper: Fulfillment by Amazon (FBA) Workflow SOP. The New Reality of Amazon FBA with Ephraim Ausch.

Building the Business Case for Supply Chain Risk Management

Cerasis

On the other hand, only 8 percent of companies that were rated by their executives as less than significantly above average on supply chain-related metrics have the same performance. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download White Paper.

The Best LTL KPI for Measuring Freight Damage

The Logistics of Logistics

White Paper: The Essential Guide to LTL Shipping Improvement: Action Plan and Metrics for Rapid Transformation. The best LTL KPI for measuring damaged shipments is simply the percentage of damage free shipments delivered. Cost, on time performance and billing accuracy don’t mean much if the carrier damages the freight. To minimize freight damage, begin measuring it with the damage free shipments KPI. LTL KPI – Damage Free Shipments.

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The Best LTL KPI for Measuring On Time Performance

The Logistics of Logistics

White Paper: The Essential Guide to LTL Shipping Improvement: Action Plan and Metrics for Rapid Transformation. The best LTL KPI for measuring on time performance is simply the percentage of on time shipments. The calculation for LTL on time performance is described below. Most carriers will have on time performance of 90% or better, but understanding exactly how a carrier performs on your lanes will help your company make better choices.

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