GlobalTranz

JUNE 4, 2015

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. Consumer Goods. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site.

Procurement Analytics 120

Procurement Analytics Metrics Quality Material Savings 120

SCMDOJO

JUNE 25, 2024

Space utilization, or vehicle fill, is a critical metric that can be measured in various ways: Pallet numbers and height: While common, this method can be misleading depending on cargo density. Two crucial measures applicable to this level of detail are space utilization and productive time.

Transportation 105

Transportation Cost Reduction Strategies Warehousing Netherlands 105

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 1, 2023

The responsive volume can vary from 5-10% in consumer goods to 80-90% in agroscience. Educate on the importance of designing flows and aligning metrics. Move from functional metrics to a balanced scorecard. Reducing cycles is essential for products like vaccines, agriculture, seasonal products, and events.

Inventory Reduction 248

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 248

ToolsGroup

AUGUST 20, 2019

Companies moving to BPO in these practice areas are experiencing supply chain improvements in metrics such as inventory turnover and customer service. Metrics – BPO vendors can also help firms utilize performance metrics and KPIs to help monitor performance and help to identify ways to improve it. versus $4.84 For example ….

Supply Chain Planning Software 214

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Software 214

The Logistics of Logistics

FEBRUARY 11, 2022

OTIF is a key supply chain metric. Andrew Lynch is President and co-founder of Zipline Logistics , an award-winning North American 3PL that specializes exclusively in the transportation of retail consumer goods. It is generally calculated as a percentage of total deliveries that were complete and on time. About Andrew Lynch.

Cost Reduction Strategies 209

Cost Reduction Strategies North America Logistics Network Optimization Software Manufacturing Procurement 209

Logistics Viewpoints

MARCH 27, 2023

In consumer goods industries, better forecasting leads to lower fines from retailers for late or incomplete deliveries. It is important to benchmark forecast accuracy and similar supply chain metrics against your peers. Large consumer goods companies believe that solutions based on a graph database also have real potential.

Forecasting 214

Forecasting Forecasting Software Modeling Optimal Sourcing 214

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

ToolsGroup

AUGUST 20, 2019

Companies moving to BPO in these practice areas are experiencing supply chain improvements in metrics such as inventory turnover and customer service. Metrics – BPO vendors can also help firms utilize performance metrics and KPIs to help monitor performance and help to identify ways to improve it. versus $4.84 For example ….

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Software 136

PINC

AUGUST 3, 2020

and Trading Partner Alliance outline some of the key considerations that should go into developing and using the on-time and in-full delivery metric. To fill these gaps, a growing number of companies operating in the consumer sector have adopted the “on-time in-full” (OTIF) delivery metric. McKinsey & Co., What is OTIF?

Waste Reduction 130

Waste Reduction Metrics Inventory Reduction Cost Reduction Strategies 130

Silvon Software

APRIL 29, 2022

Key performance indicators (KPIs) in inventory management are metrics that help you monitor and make decisions about your stock. The Stratum data hub collects, organizes and stores data from multiple sources and serves as a single version of the truth for helping our clients analyze performance KPIs and metrics across their businesses.

Optimal Sourcing 119

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 119

Supply Chain Game Changer

SEPTEMBER 8, 2021

What is Procurement’s North Star Metric? The North Star Metric (NSM). As published by Forbes in a 2017 article, “The North Star metric concept originally emerged from Silicon Valley and is best utilized by companies that invest in long-term sustainable growth. These sub-metrics should be your own mini-North Star Metrics.

Procurement Analytics 86

Procurement Analytics Manufacturing Procurement Negotiating Skills Optimal Sourcing 86

GlobalTranz

SEPTEMBER 25, 2018

On today’s episode we welcome Andrew Lynch, Co-Founder & President of Zipline Logistics, an award-winning logistics service provider that specializes exclusively in the transportation of retail consumer goods and food and beverage products. Capacity & Carrier Metrics Resources to Download. Download E-Book.

Logistics Network Optimization Software 121

Logistics Network Optimization Software Capacity Logistics Waste Reduction 121

TransAudit

DECEMBER 13, 2023

Supply chains at a consumer goods company, for example, make up about 80% of the company’s greenhouse gas (GHG) emissions. Metrics and Performance Management Legacy supply chain metrics rarely capture the effectiveness of circular supply chains. A circular supply chain can reduce greenhouse gas emissions.

Supply Chain Design Software 87

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Optimization 87

The Logistics of Logistics

JUNE 7, 2021

OTIF is a key supply chain metric. Andrew Lynch is President and co-founder of Zipline Logistics , an award-winning North American 3PL that specializes exclusively in the transportation of retail consumer goods. It is generally calculated as a percentage of total deliveries that were complete and on time. About Andrew Lynch.

Cost Reduction Strategies 147

Cost Reduction Strategies North America Manufacturing Procurement Logistics Network Optimization Software 147

Supply Chain Shaman

JUNE 30, 2018

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)).

Supply Chain Design Software 163

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 163

Alloy

DECEMBER 1, 2021

To say that the global supply chain isn’t going easy on consumer goods brands might be something of an understatement. In today’s supply-constrained environment, making sure your products are on the shelf when and where consumers want them is even more critical. .

Alloy 98

Alloy Cost Reduction Strategies Material Savings Inventory Reduction 98

Locus

MAY 20, 2024

OTIF – On-Time In-Full On-Time In-Full (OTIF) is a key logistics metric that evaluates whether shipments are delivered completely and on schedule. CPGs are crucial for retail businesses because they drive frequent consumer purchases and generate steady revenue. Read Also: A Comprehensive Guide to Effective Returns Management 3.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Inventory Reduction Cost Reduction Strategies Retail 98

DELMIA Quintiq

APRIL 15, 2020

Select a planning solution that can incorporate intelligent metrics and optimization technology. Retailers need a planning system that won’t force them to work in siloes and leave them with little control of the planning process. The digital supply chain runs continuously: Optimizing, reacting, tuning, executing and evaluating.

Supply Chain Planning Software 271

Supply Chain Planning Software Optimal Sourcing Optimization Software Supply Chain Planning 271

Vecco International

FEBRUARY 4, 2024

Large global consumer goods companies with a combination of internal manufacturing and outsourcing must effectively predict demand and manage complex multi-national supply chain networks to ensure on-time in full delivery to their retail customers such as WalMart, CostCo, Amazon, QVC.

Beverage 40

Beverage Food Supply Chain Planning Software Manufacturing Procurement 40

Alloy

OCTOBER 3, 2023

And the range of new metrics — such as category level insights in Shopper Behavior — give you considerable visibility into your brand’s performance against competitors. With these pre-built integrations and hundreds of consumer-goods specific dashboards and metrics, you’ll be up and running with Walmart Luminate in days instead of months.

Procurement Analytics 52

Procurement Analytics Analytics Software Forecasting Software Predictive Analytics Software 52

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 263

Case Study Inventory Reduction Agile and Lean Supply Chain Study 263

Alloy

FEBRUARY 3, 2021

This simulated metric projects what demand, and thus sales, would be if you were in-stock during a given period. This forward-looking metric is key to predicting where outages may occur, empowering you to take proactive steps to mitigate the most significant risks. Chasing demand is a team sport.

Buyer Training 90

Buyer Training Negotiating Skills Data Forecasting 90

Supply Chain Matters

JUNE 7, 2023

not only described as a “ significant rate of contraction ,” but also the first time that this particular metric has reached such a low level. Further, the report indicates that many consumer goods firms reportedly achieved the inventory wind down they strove for throughout 2022.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Logistics Third Party Logistics 52

ToolsGroup

JULY 28, 2015

In industries such as e-commerce, consumer goods, food and beverage, electronics, aftermarket, and industrial distribution, companies are seeing 50% and more of their revenue coming from long tail demand items. Traditional “single number” forecasts and forecast accuracy metrics are nearly meaningless in the long tail environment.

Supply Chain Design Software 120

Supply Chain Design Software Modeling Supply Chain Planning Software Supply Chain Design 120

Alloy

APRIL 10, 2023

So you might wonder what these companies have in common and how they all find value in our data and analytics platform for consumer goods brands. But without the ability to closely monitor inventory metrics and pinpoint the root cause, it’s hard to do anything about it. Users of Alloy.ai for over a year.

Analytics Software 52

Analytics Software Alloy Predictive Analytics Software Inventory Management Software 52

Logistics Viewpoints

SEPTEMBER 4, 2023

Depending on the product, their customers are consumer goods companies, retailers, food service distributors and restaurant chains. A 95% on time delivery metric – very high performance – is just not good enough for Simmons. That factory also aims to rapidly process the raw materials into product.

Procurement Solutions 232

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 232

BlueYonder

APRIL 13, 2023

Terence: So, it’s about improving these metrics and business performance simultaneously. In the fast-moving consumer goods space, we have Coca-Cola FEMSA presenting. Can you shed some light on that? Hong Mo: OTSR, which stands for Operational Total Shareholder Returns, is important.

Manufacturing Procurement 76

Manufacturing Procurement Inventory Reduction Cost Reduction Strategies Optimal Sourcing 76

crisp

OCTOBER 21, 2024

That could be why AI – known for its efficiency and productivity possibilities – presents such a compelling opportunity for the retail and consumer goods industry, with an estimated potential impact of $400 billion to $660 billion annually ; driven by AI-supported strategic growth and cost savings through automation of key functions.

Procurement Analytics 40

Procurement Analytics Analytics Software Predictive Analytics Analytics 40

Zipline Logistics

JUNE 15, 2021

Benefits of Logistics Partnerships Add Up for Sporting Goods Shippers . Successful consumer goods organizations of all varieties now have a common attribute—a retail optimized supply chain. However, these diminishing on-time metrics did not plague shippers that worked with logistics partners on a strategic level.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Logistics Network Optimization Software Optimal Sourcing 52

Elementum

SEPTEMBER 6, 2022

Increasing Transport Costs A global lockdown meant that vast volumes of goods stalled in transit, and as consumers turned to online shopping to fulfill their needs, the demand for container shipping services increased dramatically. Recent global events make forecasting tricky.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Planning 78

ToolsGroup

DECEMBER 21, 2015

The number of companies is growing that are saying that their forecast accuracy, service levels and inventory efficiency metrics have hit a ceiling that they just can’t get past. Whether you read the analyst reports or listen to planners talk about their jobs, it’s all the same: metrics and KPIs are stuck.

Forecasting 120

Forecasting Forecasting Software Demand Planning Software Supply and Demand 120

Logistics Viewpoints

OCTOBER 7, 2022

The goal is to reduce or avoid one billion metric tons (a gigaton) of greenhouse gasses from the global value chain by 2030. The number of companies levying supply-chain charges also is growing, said David Friedler, managing partner at consumer-goods consultancy Simpactful. Robots are everywhere these days.

Logistics Network Optimization Software 205

Logistics Network Optimization Software Real Estate New York Logistics 205

Logistics Viewpoints

JUNE 26, 2023

Mars is one of the largest fast moving consumer goods companies in the world. 95% is very high performance on this metric; It implies significant transportation cost savings. In 2019, Will Beery was appointed the vice president and tasked with leading the company’s global digital supply chain transformation.

Supply Chain Planning Software 233

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 233

Enterra Insights

SEPTEMBER 28, 2020

The editorial team at Consumer Goods Technology (CGT) argues CPG companies have been slow to embrace cognitive technologies; however, the coronavirus pandemic is changing that picture. ” In other words, the right data can place the consumer at the center of CPG operations.

Data 100

Data Analytics Software Supply Chain Design Software Sourcing Strategies 100

E2open

APRIL 3, 2017

E2open has already partnered with customers to develop a capability to accommodate these new on-time in-full (OTIF) metrics. See What We Have” user group session for users to discuss their understanding of Walmart’s new OTIF compliance program and review what metrics/tools are available to assist them in their management of the program.

Packaging 60

Packaging Procurement Analytics Metrics Procurement Solutions 60

E2open

APRIL 3, 2017

E2open has already partnered with customers to develop a capability to accommodate these new on-time in-full (OTIF) metrics. See What We Have” user group session for users to discuss their understanding of Walmart’s new OTIF compliance program and review what metrics/tools are available to assist them in their management of the program.

Packaging 60

Packaging Procurement Analytics Metrics Procurement Solutions 60