Synovos

OCTOBER 30, 2023

In one case, a long-time packaging manufacturer changed its reporting structure, putting in place a new manager responsible for the MRO supply chain. Inventory Reduction This metric is defined as a reduction in the total value of inventory listed in a single storage location.

Material Savings 105

Material Savings Manufacturing Procurement Packaging Vendor Strategies 105

GlobalTranz

JULY 13, 2015

Throughout the supply chain, the use of metrics to track and understand processes provides an invaluable resource for ensuring increased production and customer satisfaction. What Distribution Center Metrics Need Tracking? However, the most important metrics can be categorized into the following eight areas. On-Time Shipping.

Procurement Analytics 120

Procurement Analytics Metrics Distribution Inventory Reduction 120

Logistics Viewpoints

NOVEMBER 20, 2024

Transportation, warehousing, and manufacturing collectively contribute significantly to carbon emissions, making these areas critical for meaningful change. Another crucial focus area is sustainable packaging. The impact of supply chains on local communities cannot be overlooked.

Waste Reduction 228

Waste Reduction Sustainability Supply Chain Design Software Resource Reduction 228

Logistics Viewpoints

JULY 7, 2022

These include: Challenges getting ESG metrics from suppliers, partners, and other third parties. Time-consuming manual processes to report on ESG metrics. From product design, sourcing and operations planning, to manufacturing, logistics and warehousing, there are many opportunities for improved efficiency at each stage of the process.

Material Savings 260

Material Savings Waste Reduction Resource Reduction Supply Chain Design Software 260

DELMIA Quintiq

DECEMBER 14, 2021

According to the UN Environment Program’s Food Waste Index, 923 million metric tons of food is wasted globally every year. With the right solution and strategy, food manufacturers have the potential to create a major impact in reducing the scale of our global food waste crisis. The Right Approach to Food Waste Reduction.

Waste Reduction 296

Waste Reduction Food Optimal Sourcing Material Savings 296

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

Procurement Analytics 120

Procurement Analytics Metrics Quality Material Savings 120

Supply Chain Shaman

JANUARY 2, 2023

A large consumer products manufacturer with nine Enterprise Resource Planning (ERP) instances and several divisions wanted to discuss forecasting. The Company focused primarily on retail planning and wanted to extend its capabilities into a consumer products manufacturing solutions offering. The taxonomies and goals are different.

Supply and Demand 373

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 373

Silvon Software

APRIL 8, 2022

To achieve this growth, successful manufacturers today are relying on key performance metrics and automating many aspects of their data management processes to gain valuable business insights that can be used to meet their organizations’ performance goals. The Basics of Manufacturing KPIs. Every KPI needs a clearly defined goal.

Optimal Sourcing 119

Optimal Sourcing Manufacturing Procurement Price Mitigation Strategies Supply Chain Optimization 119

Supply Chain Shaman

MARCH 4, 2013

Abby and I are writing an e-book on Supply Chain Metrics that Matter. Likewise, in today’s supply chain environment, I find that supply chain leaders favor a single function of logistics, manufacturing or sourcing. Companies that are not looking holistically at metrics are stuck. It will publish in the early summer.

Price Mitigation Strategies 268

Price Mitigation Strategies Training Cost Reduction Strategies Sourcing Strategies 268

ivalua

MARCH 24, 2021

The role that procurement plays in manufacturing organizations is a difficult one. Without digitization, many manufacturing organizations see one or more of these areas suffer due to a reliance on manual processes, a lack of collaboration with suppliers, and little to no visibility of risk during the product development process.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Design Software Supply Chain Software Optimal Sourcing 130

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. Based in Paris, L’Oréal is a global personal care manufacturing company.

Case Study 261

Case Study Inventory Reduction Agile and Lean Supply Chain Study 261

Supply Chain Shaman

JANUARY 9, 2024

Nvidia, Northrup Grumman, PACCAR Inc, PCA (Packaging Corporation of America), ResMed, Rockwell Automation, Ross Stores, Taiwan Semiconductor Manufacturing (TSMC) Company, Tempur-Pedic, TJX, Toro, Toyota, West Pharma, United Tractors, and Urban Outfitters. The group’s response is, “Are these supply chain metrics?”

Supply Chain Planning Software 299

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 299

Supply Chain Shaman

MAY 29, 2014

As a result, the metrics have to be viewed together as a pattern over time. In the journey, the supply chain leader needs to improve the potential of a portfolio of metrics. The metrics of growth, Return on Invested Capital, Inventory Turns and Operating Margin have the highest correlation to market capitalization.

Gartner 303

Gartner Inventory Reduction Supply Chain Planning Software Pharmaceutical 303

Kinaxis

SEPTEMBER 16, 2014

While there was always passionate discussions on companies and metrics, the end goal was to raise awareness of supply chain as a practice. Some interesting insights: There were 0 companies from Retail, Paper & Packaging, Pharmaceutical, or Medical Devices. There has been so much discussion on the “top” supply chain lists.

Supply Chain Planning Software 279

Supply Chain Planning Software Gartner Supply Chain Design Software Agile and Lean Supply Chain 279

Logistics Viewpoints

JULY 29, 2022

P&G uses life cycle assessment for sustainable packaging design. With its commitment to have all 100,000 electric delivery vehicles on the road by 2030, Amazon will save millions of metric tons of carbon per year. Amazon’s electric delivery vehicles from Rivian rolls out. Uber Eats ups the ante in online grocery.

Logistics Network Optimization Software 239

Logistics Network Optimization Software Los Angeles Price Reduction Logistics 239

ToolsGroup

SEPTEMBER 20, 2022

Automation is at the center of modern manufacturing businesses, with companies exploring the possibilities of artificial intelligence in improving workflows and profitability. Industrial engineers incorporate these technologies in designing and fabricating advanced manufacturing systems. How AI Is Changing the Manufacturing Industry.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

Logistics Viewpoints

FEBRUARY 2, 2024

Higher labor costs and lower package demand resulted in fourth-quarter sales and 2024 guidance that missed analysts expectations. Teradyne , a supplier of semiconductor testing equipment, pulled manufacturing worth about $1 billion out of China last year, a Teradyne spokesperson said on Monday, after U.S. After registering a 9.3

Cost Reduction Strategies 256

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 256

Logistics Viewpoints

NOVEMBER 23, 2020

Ronan Stephens, the Senior Vice President of Supply Chain Management and External Manufacturing, explained how the company set out on a journey to improve customer service while also reducing costs. Manufacturing would not have been able to respond to that kind of event for two months. “We

Customer Service 201

Customer Service Supply and Demand Logistics Network Optimization Software Supply Chain Planning Software 201

Logistics Viewpoints

OCTOBER 4, 2021

They can then use the data to provide an apples-to-apples benchmark on a variety of innovative supply chain metrics applicable to the grocery supply chain. In other words, if manufacturers cannot deliver everything that retailers are ordering, then there is a service failure. Forecasting Accuracy Was Terrible . 2020 was different.

Inventory Reduction 240

Inventory Reduction Supply Chain Performance Cost Reduction Strategies Supply and Demand 240

Supply Chain Shaman

JUNE 21, 2014

One of my favorite interviews on this topic, that I recently completed for my upcoming book Metrics That Matter , was with Amway’s Chief Supply Chain Officer George Calvert. We produce there because the regulations say that you need to manufacture there to sell there. Service level is our most important metric.

Case Study 282

Case Study Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 282

GlobalTranz

DECEMBER 29, 2014

We’ve already listed the top 10 manufacturing blog posts and the top 10 supply chain blog posts last week. When a manufacturer’s product normally moves through the supply chain network, it is to reach the distributor or customer. Any process or management after the sale of the product involves reverse logistics.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

Supply Chain Shaman

MARCH 19, 2014

I am hearing it again in my interviews for the book Metrics That Matter. As shown in the data below, the most resilient industries are medical device and consumer packaged goods. More encompassing of metrics beyond the growth, inventory and Return on Assets (ROA) metrics used in the Gartner Top 25. Encompassing.

Gartner 315

Gartner Supply Chain Planning Software Supply Chain Strategy Supply Chain Software 315

Logistics Viewpoints

JULY 19, 2021

A pound of apples costs about the same as a pound of steel, yet steel is a complex product produced using high-tech metallurgical and manufacturing processes. They produce a wide range of products for the automotive, construction, engineering, and packaging industries. A ton of steel can cost as little as $700. What does that mean?

Supply Chain Planning Software 275

Supply Chain Planning Software Scenario Planning Supply Chain Planning Negotiating Skills 275

Supply Chain Shaman

JUNE 19, 2018

It is now our fifth year of analyzing balance sheets to understand which companies are outperforming their peer groups on the metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC) while driving improvement. This is the fun part of my job. This work is not easy. Today, it is not.

Gartner 211

Gartner Supply Chain Design Software Supply Chain Design Supply Chain Strategy 211

GlobalTranz

DECEMBER 30, 2014

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.

Logistics Network Optimization Software 232

Logistics Network Optimization Software Expense Reduction Supply Chain Planning Software Modeling Software 232

Supply Chain Shaman

MARCH 28, 2016

The average manufacturing company’s supply chain organization is 15 years old. 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. A Look at History. Resiliency.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

Logistics Viewpoints

APRIL 21, 2023

But I believe that more efficient packaging is the area with the greatest potential to improve sustainability metrics within the warehouse. Walmart is using machines from packaging-technology company Packsize International Inc. Walmart is using machines from packaging-technology company Packsize International Inc.

Logistics Network Optimization Software 226

Logistics Network Optimization Software Logistics Kenya Supply Chain Planning Software 226

Supply Chain Shaman

OCTOBER 7, 2012

These can be shift in the channel, issues in manufacturing, increasing variability in transportation, or a shift in commodity prices. Flexible Manufacturing Scheduling Practices: The design of manufacturing processes to flex with market fluctuations. Ten years ago, the supply chain had two buffers: manufacturing and inventory.

Supply Chain Design Software 231

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Inventory Reduction 231

Supply Chain Shaman

JULY 3, 2017

It is hard work to maintain the status quo in metrics performance. A balanced portfolio of metrics delivers the greatest value. However, the stories of success are largely project improvements or improvements in vertical supply chain efficiency in manufacturing or transportation. Admitting this truth is a freeing moment.

Inventory Reduction 157

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 157

Logistics Viewpoints

OCTOBER 26, 2021

Supply chains must be connected and collaborative so all links can align to business strategy and oriented toward a common set of the most important metrics (and not functional metrics that drive siloed behavior). But to operate at the board level we need to be able to speak the CFO’s language. Spike up to protect against attack.

Supply Chain Design Software 242

Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software Pharmaceutical 242

Logistics Viewpoints

JUNE 28, 2024

It is the company’s largest plastic packaging reduction effort in North America to date and will remove almost 15 billion plastic air pillows from use annually. The company said that it used 85,916 metric tons of single-use plastic that year, an 11.6 This certainly sounds like a lofty goal. And now on to this week’s logistics news.

Logistics Network Optimization Software 207

Logistics Network Optimization Software Waste Reduction Logistics Price Reduction 207

Supply Chain Opz

JULY 7, 2013

For example, if you were a contract manufacturer in China, you might already have different logistics networks for different customers. For example, some cosmetics manufacturers formulate products and choose a packaging and labeling that complies with the regulations of multiple countries in Asia.

Supply Chain Design Software 257

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Design 257

Logistics Viewpoints

JULY 19, 2023

A few ways companies can begin to offset their carbon footprint is to take a deeper look at product packaging, energy efficiency, alternative fuels, route optimization, and returns and recycling programs. One area of concern for the long-term health of the world is the use of packaging in both the manufacturing and shipping of products.

Sustainability 202

Sustainability Optimal Sourcing Logistics Material Savings 202

Supply Chain Shaman

OCTOBER 8, 2019

The number one question that I am asked today by manufacturers across all industries is “How can I improve customer service?” Special programs—new product launch, promotional packaging, and samples—are often managed as marketing programs using offline processes (usually spreadsheets). Background. 4 Maximize Buffers.

Supply Chain Design Software 189

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 189

GlobalTranz

FEBRUARY 25, 2021

For instance, goods move from the customer to the distributor or to the manufacturer. When a manufacturer’s product normally moves through the supply chain network, it is to reach the distributor or customer. In turn, those costs may then fall to the manufacturer. The e-commerce side is increasing returns dramatically.”

Reverse Logistics 210

Reverse Logistics Logistics Network Optimization Software Material Savings Logistics 210

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

And she reminded delegates that plastic – normally considered an environmental evil – is actually the greenest packaging option as long as it is recycled, producing far less CO2 than either aluminium or glass. For the supply chain sector, in addition to multiple market studies, ARC publishes the long-running Logistics Viewpoints blog.

Supply Chain Software 231

Supply Chain Software Logistics Network Optimization Software Supply Chain Network Software Demand Planning Software 231

Supply Chain Shaman

NOVEMBER 28, 2016

Shipping approximately 400 million selling units consisting of 700 million manufactured units per year, Carter’s employs about 4,000 employees at its peak. Over the period of 2009-2015, only 88% of companies made improvement on the Supply Chain Metrics That Matter. (As Performance on the Supply Chain Metrics That Matter.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 195