Logistics Viewpoints

AUGUST 23, 2024

The vehicle deployments are expected to lower emissions by 7,052 metric tons of greenhouse gas (GHG) emissions annually, equivalent to 1,533 passenger cars removed from the road. The stoppage is set to “cripple shipments” of grain, potash, and coal while also slowing down the transport of petroleum products, chemicals, and autos.

Supply Chain Planning Software 312

Supply Chain Planning Software Supply Chain Planning Logistics Network Optimization Software Supply Chain Software 312

Supply Chain Shaman

JUNE 7, 2018

To make the argument, let’s look at industry orbit charts in aggregate for the period of 2006-2017 for the apparel and chemical companies. An orbit chart is a plotting of data at the intersection of two metrics. In this case, the metrics are operating margin and inventory turns. Chemical margins are following oil prices.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Design Software Optimization Software Forecasting Software 235

Supply Chain Shaman

JUNE 24, 2022

One of my stark realizations this year is that smaller companies are beating larger and often more established companies on growth metrics, inventory turns, operating margin, and Return on Invested Capital (ROIC). (In The metrics selection resulted from work with Arizona State University in 2013.) Look for the full report next week.).

Supply Chain Planning Software 387

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 387

Supply Chain Shaman

MAY 14, 2013

This week, at Supply Chain Insights LLC, we published our 11th report in the series titled Supply Chain Metrics That Matter. Consumer Packaged Goods (CPG) and chemical companies are close behind, but they are having difficulty “taking the hill.” Aligning metrics matters. Functional metrics in isolation degrade value.

Supply Chain Design Software 256

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 256

Supply Chain Shaman

OCTOBER 25, 2013

It is a quest and the subject of my next book, Metrics That Matter , that will publish in September, 2014. A chemical company just should not be compared to a high-tech company using this methodology. .” As I shuffle along, I am not sure. I shake my head. I am a nomad, searching for a good definition of supply chain excellence.

Gartner 258

Gartner Supply Chain Strategy Supply Chain Software Supply Chain 258

Logility

JUNE 28, 2017

Process chemical manufacturers face complex supply chain challenges including dealing with hazardous and perishable ingredients whose characteristics (potency, color, composition, etc.) Chemical manufacturers faced with shrinking margins must put the right product in the right location at the right time. can vary from lot to lot.

Chemicals 100

Chemicals Supply Chain Planning Software Supply Chain Design Software Supply Chain Optimization 100

Supply Chain Shaman

NOVEMBER 15, 2021

Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. The health of all sectors is dependent on the chemical industry.) Redefine Metric Systems and Clearly Define Supply Chain Effectiveness In These Volatile Times. Hazardous freight is the most likely to get “rolled” at the dock.

Supply Chain Design Software 303

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 303

Logistics Viewpoints

AUGUST 15, 2022

We do work in the pharmaceutical and chemical industry, Mr. Bureau explained. “If If you are making new products in these industries, you need to be able to search for material by their chemical compound structure. For benchmarking metrics to be valid, they need to be based on a large sample.

Supply Chain Network Software 315

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 315

Talking Logistics

NOVEMBER 10, 2014

Herman Woltjes, Shell Chemicals – “Logistics Execution”. “Elemica Logistic Tools in Shell Chemicals,” Herman Woltjes, Shell Chemicals, Elemica reveal 2014. Ralf Kahre and Patrick Gött, BASF – “End-to-End Business Process Management”. The net result was high detention charges and inefficient use of labor.

Optimal Sourcing 202

Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software Optimization Software 202

Logistics Viewpoints

JULY 22, 2021

Include and report on Sustainability metrics as part of the S&OP cadence: Given the investor pressures and evolving consumer choices, sustainability is a rising priority with many companies pledging to be Carbon neutral within the next decade. CSCO and CPO, both can benefit from a closer collaboration. He received his Ph.D.

S&OP 290

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 290

Unleashed

MARCH 9, 2021

Traditional heavy industries, such as oil, gas, chemicals, and advanced materials will navigate major cost challenges resulting from a significantly reduced demand. That’s where Procurement Metrics and Key Performance Indicators (KPIs) come into play. In this post, we’ll unpack ten top procurement metrics and why they matter.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). The definition of this metric is similar to the way it sounds. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Supply Chain Shaman

OCTOBER 29, 2020

Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Note the elongation of the cash-to-cash cycle in the chemical industry of 38 additional days when comparing the 2014-2019 averages to the pre-recession period of 2004-2006.

Optimal Sourcing 242

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 242

Supply Chain Shaman

JULY 3, 2015

As a result, when the spreadsheet is sorted, a chemical company is stack-ranked against a retail player, and a high-tech company against a food distributor. Supply chain leaders manage a complex system of non-linear, but very inter-connected metrics. Leaders need to balance a portfolio of metrics. Why Do I Think This? .

Gartner 150

Gartner Supply Chain Software Demand Planning Software Modeling Software 150

Supply Chain Shaman

MARCH 5, 2019

The focus is on functional metrics, but are unable to get to overall supply chain metrics. I was luck enough to get to take this class twice, and it was one of the most profound courses that I took in chemical engineering school. Companies are drowning in data, but struggle to get insights. In Table 1, I share examples.

Supply Chain Design Software 308

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 308

Supply Chain Shaman

JUNE 19, 2013

The chemical and consumer electronics industries have made the most progress. It will be nice to be home and to have time to write on this second book, Metrics that Matter. Due to improvements in connectivity, 90% of industries have made improvements in productivity (revenue/employee). Balance Remains an Issue. Complexity has Grown.

Forecasting 273

Forecasting Supply Chain Planning Software Agile and Lean Supply Chain Forecasting Software 273

Logility

AUGUST 17, 2016

Chemical manufacturers are faced with shrinking margins and cannot afford to put the wrong product in the wrong location at the wrong time. Aligning and integrating key performance metrics across the extended supply chain can be difficult. There are several key ingredients in formulating a winning process manufacturing supply chain.

Material Savings 100

Material Savings Inventory Reduction Expense Reduction Resource Reduction 100

Supply Chain Shaman

APRIL 14, 2013

To understand supply chain excellence, Abby and I have been studying pattern recognition for industry peer groups at the intersection of the metrics in the Supply Chain Effective Frontier of growth, profitability, cycles and complexity. This analysis has been fun and insightful. How does the methodology compare to the Gartner Top 25.

Gartner 268

Gartner S&OP Pharmaceutical Supply Chain Planning Software 268

Supply Chain Shaman

JULY 22, 2019

We selected these metrics based on correlation work with Arizona State University in 2012. The winners drove long-term value (measured by market capitalization) while outperforming on the portfolio of metrics shown in Figure 1 and driving improvement faster than their peer groups. Target Setting. My goal is to help drive alignment.

Supply Chain Design Software 257

Supply Chain Design Software Supply Chain Planning Software Gartner Supply Chain Software 257

Supply Chain Shaman

FEBRUARY 23, 2017

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. This trend was characteristic of the chemical industry. Ralf’s Insights.

Agile and Lean Supply Chain 156

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design Supply Chain Planning Software 156

Supply Chain Shaman

MARCH 28, 2016

The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. We find that companies can improve one, but not two of the metrics. Teams struggle to drive improvement in both metrics at the same time. A Look at History. Resiliency.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

Supply Chain Shaman

SEPTEMBER 9, 2015

It is for this reason, that we analyze the patterns of the Metrics That Matter using orbit charts over the period of 2006-2014. The analysis is designed to analyze supply chain leader success on a portfolio of metrics. Nine out of ten are stuck unable to make improvements in these Supply Chain Metrics That Matter.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain 150

Supply Chain Shaman

JUNE 3, 2013

Formed in 1999 to serve the process chemical industry, Elemica is moving from a singular vision of e-procurement to multi-tier visibility and collaborative workflow. Termed Metrics That Matter, it is based on our work on the Supply Chain Index, and the industry studies that we have completed in the Supply Chain Metrics That Matter series.

Supply Chain Design Software 264

Supply Chain Design Software Supply Chain Planning Software Procurement Analytics Manufacturing Procurement 264

AIMMS

MAY 14, 2018

Common causes for this include poor change and process management, misalignment in terms of business strategy, mismatched metrics across the business, dysfunctional technology and lack of expertise to operate and implement technology. We recently offered a workshop at LogiChem, a chemical industry conference.

S&OP 207

S&OP Supply and Demand Meeting Prescriptive Analytics Software 207

Supply Chain Shaman

OCTOBER 5, 2018

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. The orbit chart below illustrates L’Oréal’s performance at the intersection of two metrics.

Case Study 270

Case Study Inventory Reduction Study Agile and Lean Supply Chain 270

Supply Chain Shaman

MAY 17, 2015

Then it is off to Dallas to speak on Supply Chain Metrics That Matter at the Dallas CSCMP roundtable and complete some more client work. The supply chain is a complex system and these metrics are tightly linked in non-linear relationships. Figures 4A and 4B: Orbit Charts in Pharma and Chemical Industries.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Supply Chain Software 150

Supply Chain Shaman

AUGUST 7, 2019

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. Orbit Chart for the Chemical Industry for the Period of 2010-2017 at the Intersection of Inventory Turns and Operating Margin.

Supply Chain Design Software 253

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 253

The Logistics of Logistics

AUGUST 17, 2022

She graduated from MIT with a chemical engineering degree and a Theater Arts concentration. Benefits include improved quality, reduced training time and training resource costs, increased speed to efficiency, and an overall improvement in the key metrics that matter most to clients.

Logistics Network Optimization Software 246

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Network Software Buyer Training 246

RFgen

DECEMBER 19, 2024

Modern data collection is fundamentally supported by advanced specialized sensors that serve as the primary tools for gathering various metrics in manufacturing environments. Here’s a breakdown of the key data types: Production Metrics: These tell you how much you’re producing and how efficiently.

Manufacturing Procurement 98

Manufacturing Procurement Optimization Software Supply Chain Planning Software Inventory Reduction 98

Supply Chain Shaman

NOVEMBER 15, 2021

Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. The health of all sectors is dependent on the chemical industry.) Redefine Metric Systems and Clearly Define Supply Chain Effectiveness In These Volatile Times. Hazardous freight is the most likely to get “rolled” at the dock.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

Supply Chain Shaman

NOVEMBER 15, 2021

Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. The health of all sectors is dependent on the chemical industry.) Redefine Metric Systems and Clearly Define Supply Chain Effectiveness In These Volatile Times. Hazardous freight is the most likely to get “rolled” at the dock.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

Supply Chain Shaman

FEBRUARY 13, 2013

Consumer packaged goods (CPG), food and chemical manufacturers are stuck and pharmaceutical and industrial companies are losing ground and moving backwards. However, what is now clear to me is that whatever the evaluative metric, Unilever is at the bottom of the CPG peer group and should never be seen as a supply chain leader.

Pharmaceutical 234

Pharmaceutical Inventory Reduction Cost Reduction Strategies United States 234

Talking Logistics

SEPTEMBER 17, 2018

As a consequence, corporations used metrics like return on net assets (RONA), return on capital deployed, and internal rate of return (IRR) to measure efficiency. These metrics make it difficult for a company that wants to invest in long-term innovation. which said “keep the stock price high.”.

Company 120

Company Price Reduction Cost Reduction Strategies Logistics Network Optimization Software 120

AIMMS

MAY 14, 2018

Common causes for this include poor change and process management, misalignment in terms of business strategy, mismatched metrics across the business, dysfunctional technology and lack of expertise to operate and implement technology. We recently offered a workshop at LogiChem, a chemical industry conference.

S&OP 156

S&OP Supply and Demand Meeting Scenario Planning 156

EcoVadis

MAY 31, 2018

Read on for more details about EcoVadis ratings in this interview (first published on the ING Wholesale Banking site): Rating Sustainability Performance: An Essential Business Metric. How can gaining a rating affect how companies view CSR and sustainability issues internally?

Procurement Analytics 68

Procurement Analytics Metrics Sustainability Optimal Sourcing 68

Supply Chain Shaman

MAY 13, 2015

Forty years ago as a chemical engineering student, I learned the tedious craft of chemical plant design. Getting good at factory design is a merit badge of sorts for the chemical engineer. Getting good at factory design is a merit badge of sorts for the chemical engineer. In this position, we designed real-world plants.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Agile and Lean Supply Chain 150

Supply Chain Insights

APRIL 9, 2013

To understand supply chain excellence, we have been studying pattern recognition for industry peer groups at the intersection of the metrics in the Supply Chain Effective Frontier of growth, profitability, cycles and complexity. Based on inquiry, we do this analysis free of charge for members of our Supply Chain Insights Community.

Gartner 137

Gartner Pharmaceutical Supply Chain Planning Software Supply Chain Strategy 137