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

GlobalTranz

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. We still focus on costs.

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Predictive Analytics: Supply Chain’s Cloudy Crystal Ball

Enterra Insights

Not surprisingly, companies that employ advanced analytics to improve decision making and execution have the results to show for it.”. One of the new tools available to decision makers is predictive analytics. Leveraging predictive analytics is as close as business leaders will come to having a crystal ball.

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This Week in Logistics News (June 23-27, 2014)

Talking Logistics

In other news… Supply Chain Risk Management Now a Priority for Most Businesses ( Accenture ). Several reports have been published in recent years underscoring the growing importance of supply chain risk management. LLamasoft and CHAINalytics Announce Partnership.

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This Week in Logistics News (February 23-27, 2015)

Talking Logistics

All of these statistics, which correlate with the results of other retailers, point to the ongoing transformation taking place in the retail industry, which is being driven by e-commerce, mobile purchasing, home delivery, and click-and-collect. Customers can then scan the latest position and status of all their shipments worldwide.

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This Week in Logistics News (July 3-7, 2017)

Talking Logistics

In their June 2005 paper titled, “ The Effect of Supply Chain Disruptions on Long-term Shareholder Value, Profitability, and Share Price Volatility ,” Kevin Hendricks and Vinod Singhal report the following findings from their research: Disruptions have a negative across the board effect on stock price, profitability, and share price volatility.

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This Week in Logistics News (August 29 -September 2, 2016)

Talking Logistics

The biggest news this week is the ripple effect Hanjin Shipping’s bankruptcy filing is having on supply chains. Robinson intends to purchase APC Logistics for approximately $300 million AUD (approximately $225 million USD) in cash. Hanjin handles about 7.8 percent of the trans-Pacific trade volume for the U.S. APC had $334.2

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The Supply Chain has Big Aspirations for Blockchain

Enterra Insights

Roberto Torres ( @TorresLuzardo ) reports, “In its 2019 Hype Cycle for Blockchain Technologies, Gartner found most blockchain technologies remain stuck in an ‘experimentation mode.’ ” The firm predicts, “By 2021 the technology will begin to evolve past this phase. Managing trade documentation.