3 Ways to Benchmark to Boost Supply Chain Performance

Logistics Bureau

I have benchmarked supply chains for businesses all over the world for 25 years or so and have seen some incredible results. You will learn how you can significantly boost your supply chain performance—and in the process identify numerous cost-saving opportunities.

Closing the Supply Chain Performance Gap

Aioneers

The purpose of a supply chain is to provide customers with physical goods in the right quantity and quality at the right time and place. Being virtual, distributed, and connected, supply chains are inherently difficult to manage. supply chain performance gap

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Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

We stubbed our toe in supply chain management at the beginning of the decade. Facing The Issues of Supply Chain Performance. As I work through this year’s Supply Chains to Admire , I cannot help but shake my head.

FMCG Supply Chain Performance Measurement: Del-Boy Style.

Enchange Supply Chain Consultancy

Performance monitoring Balanced Scorecards are invaluable in FMCG, Brewing and Coatings companies but they are also appropriate for any business leaders serious about improvement. Dave Jordan Humour Supply Chain Balanced Scorecard

The Perfect Delivery: 6 Key Challenges and How to Overcome Them

Speaker: Tim McLean, Managing Director, TXM Lean Solutions

The most basic requirement of any business is to deliver its products to its customers on time, in full, every day, without fail. Over the past decade as supply chains have become more complex and customers more demanding, meeting this simple requirement has become harder and harder. What was acceptable 20 years ago, is no longer enough in today’s dynamic, dis-intermediated, hyper competitive marketplace. So why do supply chains fail to deliver? Lean supply chain expert and author, Tim McLean, will explore each of the reasons why supply chains fail to deliver and provide practical strategies to address them and improve your delivery performance. Tim will share case studies of actual companies that have transformed their supply chain performance by addressing the six drivers along with his own experience drawn from hundreds of supply chains over more than 20 countries.

How Does Machine Learning Improve Supply Chain Performance?

Logility

When asking the question, “How does machine learning improve supply chain performance?” Our context here is supply chain planning and execution, but there is no reason to limit the scope of m achine l earning. .

Improving Supply Chain Performance with Predictive Analytics

MercuryGate

The post Improving Supply Chain Performance with Predictive Analytics appeared first on MercuryGate International. Predictive shipping analytics derived from freight data add value and enable more streamlined logistics.

Product portfolio complexity: the big unknown player in supply chain performance

Aioneers

Supply chain performance is a measurable indicator based on turnover, costs, and capital employed. We have identified 8 root causes for supply chains lagging behind their performance that we are happy to share with you in a series of articles.

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

GlobalTranz

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.

Closing the supply chain performance gap will release up to $50 million EBIT per $1 billion of sales.

Aioneers

All supply chains are lagging behind their optimal performance. This is what we call the supply chain performance gap. With the first nine articles of this series, we analyzed the issues of Supply Chains lagging behind their potential.

The Hitchhiker’s Guide to Supply Chain Visibility

Today’s environment spotlights the significance and importance of real-time supply chain visibility. What are the barriers? What’s the solution? Gain insight to respond quickly to marketplace events and take actions that ensure supply chain performance.

Toilet Paper Shortages, Empty Shelves, and Panic Buying: Just How Bad Did the Grocery Supply Chain Perform in 2020?

Logistics Viewpoints

Because of service disruptions – not being able to buy toilet paper, for example – the supply chain has been more discussed than ever before. It was also a very, very tough year for supply chain professionals working in the grocery supply chain.

A Process for Elevating Supply Chain Performance

Industry Star

Strategy Process Improvement Risk Management Supply Chain Supply Chain KPIsTo alleviate today’s workload pains, we need to approach the seemingly endless cycle of firefighting in different ways.

KPI 52

How Artificial Intelligence is Boosting Supply Chain Performance

Logistics Bureau

A slew of new digital technologies is disrupting supply chain operations, but none is having more of an impact on the industry than artificial intelligence (AI). Other Uses for AI in the Supply Chain.

Where to start closing your supply chain performance gap? | AIOpodcast

Aioneers

Join Dr. Christoph Kilger and Dr. Boris Reuter as they discuss the supply chain performance gap, and where you can start closing it. Most businesses collect large amounts of data, yet supply chain analytics doesn't always translate into concrete measures that are executed.

Supply Chain Performance: Budget Airlines and KPIs……

Enchange Supply Chain Consultancy

FMCG Dave Jordan Humour Performance Improvement Pharma KPI Supply Chain Supply Chain AnalyticsI have never been a fan of budget airlines and certainly not since one left me sleeping overnight in the back of beyond that is Luton Airport. That may be an exciting addition to a student’s back-pack holiday itinerary but when you have a glass back it is not so appealing.

Know sooner, act faster and accelerate your supply chain performance!

Kinaxis

by John Westerveld When things happen in supply chain, knowing sooner and acting faster can mean the difference between a major catastrophe and a minor hiccup in your supply chain performance. Imagine this scenario; you are a supply chain executive for a major U.S.-based Is this kind of performance too good to believe? Can you imagine your supply chain planning team being able to pull this off?

Use Simulation Planning to Predict Future Supply Chain Performance

Logistics Viewpoints

What if you could accurately predict how your supply chain will perform in the future? The post Use Simulation Planning to Predict Future Supply Chain Performance appeared first on Logistics Viewpoints: A Blog for Logistics, Supply Chain, and 3PL Executives. Guest Commentary Supply Chain Network Design Supply Chain Optimization Supply Chain Planning

Shareholder Value is Inextricably Linked to Supply Chain Performance

Material Handling and Logistics

"Supply chain integration is an increasingly essential component of shareholder value, and to achieve that, supply chain leaders need to speak the language of the Board of Directors and the executive suite,” said Paul Dittmann of the University of Tennessee

5 Things to Know About Setting Up a Better Supply Chain Performance Measurement System

Arkieva

Setting up a supply chain performance measurement system? Here are 5 things to know 5 Things to Know About Setting Up a Better Supply Chain Performance Measurement System was first posted on August 14, 2017 at 2:45 pm. ©2017 ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

What's the connection between blockchain and supply chain performance?

Aioneers

The driving force behind blockchain technology is decentralized data linked together like a chain in a network across several computers so that control does not reside with a single entity. supply chain innovation digitalization

Question and Answer ? Accelerate Supply Chain Performance Using Advanced Analytics

Logility

On the recent webcast, Accelerate Supply Chain Performance Using Advanced Analytics , I had the pleasure to speak with a leading authority in analytics, Bill Panak, Vice President, Data Science, Halo Business Intelligence. We explored how to harness and analyze new data sources to boost business planning and transform this information into actionable insights that can accelerate your supply chain and retail planning initiatives.

Using Logistics Data to Improve CPG Supply Chain Performance

Zipline Logistics

Logistics data has taken a front seat at forward-thinking CPG brands due to its ability to drive impactful and profitability-focused decisions in all facets of the supply chain. Each provides insight into how your network is performing and where you can make a change.

How to Measure Supply Chain Performance

Material Handling & Logistics

All companies need to employ a performance measurement system to organize and manage their supply chain metrics. The absence of a cohesive framework to house metrics greatly increases the likelihood that a company’s performance measurement system (PMS) will provide inadequate management support, and that resources will be wasted developing duplicative, unaligned and even conflicting metrics. between 10 and 25) that monitor overall corporate performance.

Improve Supply Chain Performance via Total Productive Maintenance

Enchange Supply Chain Consultancy

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Avon Calls on E2open for Better Supply Chain Performance

E2open

Learn why Avon chose to work with E2open to develop a supply chain solution specifically for its unique business model. Learn more > The post Avon Calls on E2open for Better Supply Chain Performance appeared first on E2open | Demand. Supply. Case Study Supply ManagementAvon has a widely distributed supplier and sales base, short product lifecycles, and a constant flow of changing promotions that influence demand.

Changing Your Perspective to Measure Supply Chain Performance

Logistics Bureau

Why measure the performance of a supply chain? Because a supply chain is increasingly the sole competitive differentiator for an enterprise, and measuring its performance helps to improve it and detect and solve any problems. However, traditional enterprise measures of performance do not work for supply chains. To paraphrase a saying, the road to supply chain hell is paved with good intentions and bad metrics.

From Reactive to Proactive: Supply Chain Performance Management

Logility

I always hear people say (and I’m guilty of saying it myself), “it isn’t the technology that provides benefits in a supply chain project; it’s changing the business process.” The symmetry of technology and purpose is why we love working in Supply Chain. At the time this wasn’t a company on the bleeding edge of supply chain best practices. Connect. Share. Learn.

What role should logistics providers play in supply chain performance and benchmarking?

The Network Effect

Visibility of the potential value locked in the current environment is a key driver in a supply network transformation and is being provided by today through cloud-based network platforms. The idea is to provide departmental workbenches which show not only the departmental performance as we see with most systems, but also display the effect of dependencies and actions taken in other departments or across customers or trading partners.

Improving Traceability for Better Supply Chain Performance

MIT Supply Chain

Many companies are striving to improve supply chain traceability in response to increasing demand from customers and government regulators for more information on product flows. The ability to accurately track the movement of products also helps companies to raise the efficiency of supply chains. Researchers at the Malaysia Institute for Supply Chain Innovation (MISI), Shah […].

Global Trade Networks: Reaching the Next Level of Supply Chain Performance

Talking Logistics

There’s a growing discussion today about how companies need to look at the various processes that have historically been called supply chain management through a different lens — namely, a global trade network lens. What’s the difference between the traditional supply chain model and a global trade network model? Then take Doug’s recommendation: do an honest assessment of your current supply chain systems and processes.

From Reactive to Proactive: Supply Chain Performance Management

Logility

I always hear people say (and I’m guilty of saying it myself), “it isn’t the technology that provides benefits in a supply chain project; it’s changing the business process.” The symmetry of technology and purpose is why we love working in Supply Chain. At the time this wasn’t a company on the bleeding edge of supply chain best practices. Connect. Share. Learn.

Quality Management in Supply Chains: Performance and Conformance

The UCLA Anderson Global Supply Chain Blog

Quality Management in Supply Chains: Performance and Conformance. With the increase in outsourcing practice since the 1990s, supply chains have become very complex, involving many intermediaries. This figure, produced by Sourcemap.com , illustrates the complexity of today’s laptop supply chains: Clearly, with so many layers, it is difficult for companies to have full visibility on their operations. Distorted Performance Standards.

My Take: How We Screwed Up Sales And Operations Planning

Supply Chain Shaman

When I ask executives to draw their supply chains today (an activity that I love to do to understand their mental models), companies will often draw a dead pool around S&OP. In 1992, I worked for a supply chain planning technology provider, and the role of the forecast was clearer.

Supply Chains Made Simple: 4 Tips to Improve Your Business’ Supply Chain Performance

Unleashed

When it comes to improving a business’ inventory performance, interrogating the supply chain can be an intimidating prospect. Supply chains are complicated and difficult, and the prospect of change typically provokes a reflexive ‘if it isn’t broken, don’t fix it’ response. Looking ahead into the future and allocating adequate resources to improve the supply chain can pay off remarkably quickly.