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Here are my predictions for 2018: Supply Chain Excellence as We Know It Is Redefined. This includes SCOR, APICs, Gartner Top 25 Supply Chains, Gartner Hierachy of Metrics, etc. Confluence of Technologies. Supply chain excellence definitions evolve as companies explore the Art of the Possible.
An example for this client would be to use 2017 and 2018 history to forecast 2019. It is my hope that we can side-step political discussions demonstrated in my stories and ground the problem solving in scientific methods to understand the properties of data, the potential of supply chains through modeling, and the alignment of metrics.
Today, the Academic Journal Guide 2018 will be released. I am very curious whether AJG 2018 will finally give SCM journals the ranks they deserve. Unfortunately, the ABS list has often been used in exactly the way the Leiden Manifesto and DORA wanted to prevent us from doing – with very negative consequences for our discipline.
Despite legislation, in 2022, the world generated 62 million metric tons of e-waste, according to the United Nations Global E-waste Monitor. million 40-metric-ton trucks which, if placed bumper-to-bumper, would form a line long enough to wrap around the equator. million tons of textile waste ended up in US landfills in 2018.
As 2018 comes to an end, a quick thank you to all of our readers, followers, and sponsors for another great year of learning and conversation on Talking Logistics. Top 10 Talking Logistics Posts in 2018. 2018 Parcel Oversize Changes: Tightening of the Vise. Talking Logistics Video Episodes (Second Half of 2018).
That was the key message Doug Braun, CEO of BluJay Solutions (a Talking Logistics sponsor), delivered in his keynote presentation at the SOAR 2018 Customer Conference last month. The post Competing on Customer Experience (Takeaways from BluJay Solutions’ SOAR 2018 Conference) appeared first on Talking Logistics with Adrian Gonzalez.
This unprecedented change, and the challenges and opportunities it creates for CPG companies and suppliers, was a hot topic of conversation at the Nulogy xChange 2018 conference a few weeks ago where I delivered a keynote presentation and moderated a panel discussion with industry executives (more on that later). .
Supply chain skills in high demand, digital twins, disruptive technologies, and other takeaways from the 2018 Gartner supply chain conference. Alexa Cheater (@Alexa_Cheater) May 15, 2018. Simon advocated that traditional metrics such as on-shelf availability (OSA) will need to be augmented with the likes of online availability (OLA).
We analyzed the impact of 150 factors on 493 financial metrics for the period of 2004-2016. By graphing the financial metrics through orbit charts, we find that 90% of companies are stuck at the intersection of operating margin and inventory turns. Based on attendee feedback, we have revamped the summit to exclude sponsorships in 2018.
At the Supply Chain Global Summit 2018 , Francois discussed the impact of digitalization, Industry 4.0, The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve.
Industry-by-industry, I compiled data for the period of 2010-2018. We selected these metrics based on correlation work with Arizona State University in 2012. The companies I work with struggle to set metrics targets. The focus on functional silo excellence and transactional processing reduces value. Celebrating Success.
Supply chain executives measure the effectiveness of that flow using the on-time delivery (OTD) metric. In recent years, physical retailers have been replaced with online ones, whose sales are estimated to reach $414 million by 2018. There are metrics you can use to monitor reverse flow in your supply chain. dollar value.
After a year full of more scandals, indictments, political contentiousness, workplace violence, school shootings and natural disasters, maybe it’s time we all took a collective breath and focused on some of the positives that came out of 2018. Content Summary: Walmart Says It Can Reduce Emissions in China by 50 Million Tons.
It’s the reason why On Time In Full (OTIF) is a critical supply chain metric today. The post Delivery is the Product: Takeaways from Transplace’s Shipper Symposium 2018 appeared first on Talking Logistics with Adrian Gonzalez.
Supply chain leaders will face 2018 with uncertainty and opportunity. In other words, the simple act of providing reports to executives and upper-level managers could be considered a form of data visualization, and better reporting will be a fundamental improvement in supply chains throughout 2018, explains Craig Guillot of Supply Chain Dive.
Walmart pioneered the use of the OTIF metric, which stands for on-time and in-full – meaning the shipment arrived on-time and everything that was supposed to deliver was included with the shipment (in-full). in February 2018. Walmart Inc. engages in the operation of retail, wholesale, and other units worldwide. Doug’s LinkedIn.
Companies with the lower score on the Index are driving faster rates of metrics improvement. Energizer and Unilever are driving the fastest rates of improvement and Clorox and P&G improvement rates are the slowest on the Metrics That Matter of Growth, Operating Margin, Inventory Turns, and Return on Invested Capital (ROIC)).
Today, the go-to metric for that question is typically Standard & Poor’s 500, the Nikkei, or the Dow Jones Industrial Average (a shockingly poor indicator , if you look closer). Nearly every industry has created on-demand metrics to gauge market performance, hedge risks, and make decisions accordingly. The driver?
No metric should be measured in isolation, and functional metrics should be replaced with the balanced scorecard metrics shown in Figure 2. To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability. Average Inventory Levels by Industry over the Period of 2010-2018.
WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. 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.
For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). In 2018, Rockwell Automation won the Supply Chains to Admire Award.
Bottom Line: Manufacturers are reaching a new level of results in 2018 because they have clearer, more actionable insights based on real-time manufacturing and quality metrics than ever before. Quality Metrics Enable Customer-Driven Manufacturing Networks. Quality Metrics Defining the Future of Manufacturing.
Without baseline metrics on what you want to improve on and why, how can you be confident your strategy is working? And because machine learning systems get smarter over time, having a consistent method of measurement is even more important to ensure you can accurately track how outcomes and ROI are improving against established metrics.
Amazon Pharmacy, born out of the company’s 2018 acquisition of online pharmacy PillPack, allows customers to order prescription medications for home delivery, with free shipping for Prime members. The prescriptions are offered via Amazon’s online pharmacy service, which launched in 2020.
The 2018 RILA Retail Supply Chain Conference was a great opportunity to hear what retail leaders are focused on, and excited about, as we chart the future of our evolving industry. Challenges Ahead in 2018. Low unemployment and an aging population are likely to remain issues in 2018. As we gathered in Phoenix, Ariz.
WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Performance metrics can be used to provide real-time feedback, which helps keep employees motived and focused on continuous improvement. Download white paper. Fewer instances of employee theft.
Our look at the Top 25 (plus 4) Supply Chains of 2018 examines how the best companies in the world excel at managing their global supply chains. So the CSR score too is more of a popularity contest than a consistent metric. H&M is also still enduring the backlash from an ad campaign that was said to be racist.
For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). In 2018, Rockwell Automation won the Supply Chains to Admire Award.
Over the period of 2009-2015 only 88% of companies made improvement on the “Supply Chain Metrics That Matter.” (The The Supply Chain Metrics That Matter are a portfolio of metrics which correlate to higher market capitalization. We are capturing case studies like the BASF’s for our 2018 book on supply chain leadership.
Now in 2018, we are starting to see the evolution of “Gods” with new business models that are redefining supply chain processes. Figure 1: Supply Chain Metrics Are a Balancing Act. The metrics shown in Figure 1 are difficult to improve together. You can also argue that the genesis was chaos. improvements.
In a 2018 article published by McKinsey, the consulting firm, noted that despite inherent challenges, the payoff of digitally enabled agility can be staggering. Analyzing real-time insights and historical performance using AI, delivers key metrics on availability and service levels. Effective pricing and promotions management.
Completed in 2012, the ERP project forced the company to standardize organizational design, roles, and metrics. The company went live in the Philippines in July 2018 and in France in September 2018, with North America and Russia following in October 2018, thus working their way around the global supply chain network.
million metric tonnes (Mt) and it is forecasted to increase to 50 Mt in 2018. A new United Nations University report, titled The Global E-waste Monitor 2014 , details e-waste generation by region. The total amount of e-waste generated in 2014 is 41.8 This e-waste comprises 12.8 Mt of small equipment (e.g., Mt of large equipment (e.g.,
WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. 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. Download white paper.
To gain insights on that question and more, Adelante SCM and BluJay Solutions conducted a web survey of supply chain and logistics professionals in March 2018. Source: “Competing on Customer Experience: The Driving Force Behind Supply Chain Innovation,” Adelante SCM & BluJay Solutions, August 2018. and 51.5%, respectively).
WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. The days of using a small, standalone warehouse management system (WMS) are ending, and distribution centers must turn to newer, more advanced warehouse management technology to meet rising demand for an omnichannel world. Download white paper.
In 2018, the Journal of Commerce reports that a container will have 22,000 to 24,000 twenty-foot containers in 2018. On March 16th-18th, I will be on a book tour in Europe discussing the concepts of Supply Chain Metrics That Matter. (The chassis is underneath the APL container in this picture.) The ships are getting larger.
The 2018 State of Logistics Report , sponsored by 3PL Central , indicates warehousing models are evolving at a phenomenal rate. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Use metrics and Big Data analytics for performance measurement and improvement, explains Inbound Logistics.
In Figure 1, we show the aggregate trend of the chemical industry in an orbit chart format showing year-over-year results at the intersection of two metrics operating margin and inventory turns. In the period of 2010-2018, within the chemical industry, margins fluctuated, largely driven by the price of crude, but inventory turns plummeted.
The MAPI Foundation recently released predictions for how the supply chain will grow and evolve from 2016 to 2018. 3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance. Read More About the Metrics for Supply Chain Here. Get The Full List Here. Current State of Today’s Supply Chain in 2016.
Do we have the right Service Level Agreement metrics in place? Cahn also highlighted on-time delivery risk: “Will a supplier be around to support my delivery schedules and can I trust them not to shut down my plant [due to a late or missed delivery],” he added. “Do Is the mode of transport the most efficient to impact on-time delivery?
Gartner recently announced their 2018 Top 25 Supply Chains List. The 2018 Gartner Top 25 Supply Chain List. But overall most of the list was the same as 2017. In fact if you go back 5 years to 2013 you will find that most of the names are the same as on the 2018 list. Gartner Survey Metric Notes: 1. Subscribe Here!
General warehouse industry statistics Warehousing costs & revenue statistics Warehouse efficiency statistics Labor statistics in the warehousing industry Automation adoption in the warehousing industry Warehouse performance metrics Warehouse automation stats: General warehouse industry statistics 1. feet in 2018, an increase from 31.1
Businesses define sales territories as the grouping of clients into geographical, demographic, and/or other quantifiable metrics such as sales potential and ordering history. In a 2018 survey conducted by SMA (Sales Management Association) , 76% of companies assign territories by geography.
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