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I see a preponderance of reports and whitepapers that have lots of pages but say little. Optimization engines to improve functional metric performance resulted in an exploding number of planners. Contract Manufacturing Signal Latency. In our research, we find that 32% of volume is manufactured by a third party.
That means identifying areas of waste, overlap and large volumes and enabling continuous improvement through the use of transportation metrics to track performance. Download the WhitePaper: Transportation Optimization: Its Strategic Role in Transportation Management. Learn More.
Lured by the promise of cheaper labor ( which is starting to not be the case ), companies are blind to the tactical costs of manufacturing overseas. WhitePaper: Hidden Risks and Costs in an Offshore Supply Chain. Despite these and other hidden costs, offshore manufacturing has become a fact of life.
OTIF is a key supply chain metric. Starting his career in carrier procurement and management within a Fortune 100 logistics company, Lynch has held positions of responsibility in all areas of?third-party?logistics. WhitePaper – The 5 Best Practices for a Changing Retail Industry. About Andrew Lynch. third-party?logistics.
Ask yourself, “Are your supply chain metrics bogging you down?” ” To manage a supply chain containing complex dependencies between teams, departments and partner companies across international boundaries requires a rich set of metrics. Functionally isolated metrics lead to sub-optimized supply chain performance.
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. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site. Medical Devices.
As with the logistics category where we featured 15 most popular blog posts vs. the 10 we covered in the top manufacturing blog posts and supply chain blog posts , we write so many transportation blog posts in that category, we are going to feature the 16 most viewed transportation blog posts. Read the Full Blog Post. Read the Full Blog Post.
If the customer uses online and in-store shopping to make a purchase, shipping and pickup options should include A, B and C. WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper. If only online shopping is used, shipping options may include B or D.
The second part of Drucker’s quote, “if you can't measure it, you can't improve it,” really brings home the importance of having the right set of metrics. In the field of supply chain management, we have created an abundance of metrics and key performance indicators (KPIs). requires a different set of metrics.
E-commerce has presented wholesale distributors and original equipment manufacturers (OEMs) with a crown opportunity for growth, but it comes at the cost of transitioning from single-channel shipping. This may be the result of moving manufacturing closer to end-users and developing business-to-business sales channels. Setup time.
OTIF is a key supply chain metric. Starting his career in carrier procurement and management within a Fortune 100 logistics company, Lynch has held positions of responsibility in all areas of?third-party?logistics. WhitePaper – The 5 Best Practices for a Changing Retail Industry. About Andrew Lynch. third-party?logistics.
Author’s Note: Below is an excerpt from Moving Up the Supply Chain Maturity Curve: The Process Industry Executive Agenda for 2016 and Beyond , a whitepaper recently published by Elemica with research conducted by Adelante SCM. How do you successfully align goals, metrics, and resources across functional groups?
The COVID-19 pandemic exposed problems with global manufacturing and supply chains. Shortages in semiconductor chips, steel, and other critical materials have created major delays in getting products to consumers and manufacturing suppliers. Supply Chain Challenges. Tier 2, Tier 3, etc.).
Accenture has just released a whitepaper titled “Supply chain for a new age” which you can get here. In this paper, the author describes various components of the next generation supply chain and introduces the role of “Network Planners”. Allowing the selection of an alternate if the primary source is overloaded….again
Because manufacturers are constantly pressured to increase productivity, deliver quality products, delight customers and achieve greater profitability and sustainability, they are turning to new technologies such as artificial intelligence. In his whitepaper , “ No Matter What You Call It: Industry 4.0 Deployment Difficulty.
LNS Research blogger Mark Davidson said, “When it comes to metrics, it’s often said that what gets measured gets done.”. I have found this to be true when working with many different manufacturers. Metrics for Action. These Metrics for Action are not intended for overall business analysis.
The manufacturing renaissance currently underway in the U.S. In an interview with Mark Muro, a senior fellow at the Brookings Institute, The Wall Street Journal highlighted the fact that manufacturing in particular is undergoing a significant change because of innovation. Technology Driving Efficiency. Real-time Performance.
The manufacturing renaissance currently underway in the U.S. In an interview with Mark Muro, a senior fellow at the Brookings Institute, The Wall Street Journal highlighted the fact that manufacturing in particular is undergoing a significant change because of innovation. Technology Driving Efficiency. Real-time Performance.
Today digital transformation is top of mind for many manufacturers, as they are forced to compete with novel, disruptive technologies and navigate the new normal of pandemics, part shortages, and other unforeseen events. This involves setting realistic goals and establishing proper metrics to monitor progress. Procurement.
Process manufacturers face a highly complex supply chain challenge. Add to these factors such as razor-thin margins, SKU-proliferation, globalization, and products that tend to be heavy, bulky and/or expensive to move and it quickly becomes apparent why process manufacturing supply chains are very challenging.
Jessica Twentyman reported in the Financial Times , that for many manufacturers, supply chain collaboration is stuck in the dark ages. Supply Chain Market reported the closest any manufacturer can get to the magic bullet of efficiency (collaboration) is through greater supply chain visibility. A single – visible – version of the truth.
Process chemical manufacturers face complex supply chain challenges including dealing with hazardous and perishable ingredients whose characteristics (potency, color, composition, etc.) I believe there are several key ingredients to formulating a winning process manufacturing supply chain. can vary from lot to lot.
I was guilty of this from time to time when I led a demand-planning group because we were evaluated on forecast accuracy as one of our key metrics. Forecasts need to be set and left unchanged to facilitate stable and efficient downstream purchasing, inventory management, and manufacturing capabilities.
Product lifecycle management (PLM) enables original equipment manufacturers (OEMs), original design manufacturers (ODMs), and their supply chain partners to control and approve all of the data and processes that are tied to the product record from concept through design, development, and production. What Is the Purpose of PLM?
Many procurement teams are finding holistic approach can provide huge advantages. No matter what sector your business is in, you will source across dozens or even hundreds of purchasing categories, particularly when you consider indirect spend where many risks can be hidden. which can vary by geography.
Companies have leveraged digital tools, and evolving skills, to collect vast data about product or raw materials sourcing, transportation, logistics, and manufacturing. For the majority of Supply Chain’s history, this evolution has been driven by a knack for finding efficiency.
Food manufacturers have to be constantly vigilant to ensure the safety of their consumers. Incidents like this seem increasingly prevalent as news sources rush to inform consumers about any products that may be contaminated. Frozen vegetables are being recalled due to health scares.
Food manufacturers have to be constantly vigilant to ensure the safety of their consumers. Incidents like this seem increasingly prevalent as news sources rush to inform consumers about any products that may be contaminated. Frozen vegetables are being recalled due to health scares.
Manufacturing companies have the option of selling directly to consumers without the help of any retail middle men. A whitepaper published by DHL found that inefficient handling of supply chains causes high costs, wasted resources, and reduced agility.
All systems and data are unified, integrating large volumes of data from multiple data sources such as TMS, warehouse management (WMS), dock scheduling, accounting, enterprise resource planning (ERP), customer resource management (CRM), and visibility applications. Measure carrier performance for improvements and new opportunities.
These improvements in inventory efficiencies then translate into improved financial metrics, including 10% improvement in earnings per share; 5% increase in return on assets; and a 2.5% Supply Chain Market reported the closest any manufacturer can get to the magic bullet is supply chain visibility. gain in profits.
You either purchase or retrofit your equipment with intelligence, and you invest in applications like SyncView ® to improve shop floor visibility. Pull is a vital principle in Demand-Driven Manufacturing. Related article: How Demand-Driven Manufacturing Can Help You Cost-Justify Your Next IIoT Project.
Discussion of topics like ERP implementation and asset utilization don’t mean the same thing to CEOs as they do to procurement and logistics specialists. According to Global Manufacturing, the megabrand continually looks for ways to make the supply chain better and faster.
Discussion of topics like ERP implementation and asset utilization don’t mean the same thing to CEOs as they do to procurement and logistics specialists. According to Global Manufacturing, the megabrand continually looks for ways to make the supply chain better and faster.
The DPP is a proposed policy solution to support more sustainable production, circular business models, enable consumers in making more informed purchasing decisions and to allow authorities to verify compliance with legal obligations. What is the digital product passport (DPP)? Who guarantees the quality of the data? 2021 ; Walden et al.,
Download the free whitepaper to learn more about how data can be used to reduce logistics spend while improving supply chain performance. Logistics data refers to the metrics used to track, measure, and benchmark parts of your supply chain’s performance. Why is Supply Chain Data Important for CPG Manufacturers? .
As I worked for and was involved with various enterprises over my career, some manufacturing, some service related, retail, etc. I saw how core S&OP concepts could be applied in various types of businesses, outside of the traditional legacy industries where S&OP was initially applied (manufacturing businesses).
Industrial Manufacturing. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. WhitePapers. |. cities with these lockers in-place are located in states that already collect sales taxes for online purchases. Automotive.
Industrial Manufacturing. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. WhitePapers. |. Benefits: Avoid multiple sources of truth - With single / reduced number of instances the number of databases will be less.
If you can use new technology to enhance communication with suppliers, manufacturers and more, you will have a tighter grasp on everything that is happening around your company. He has worked with 300+ clients in manufacturing, IS selection and implementation and project management. and Design 2 Part.
Industrial Manufacturing. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. WhitePapers. |. IT enablement in areas like Mobile work management, Health and Safety, Metrics monitoring (KPI) etc. Procurement Blog.
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