Analyst Insight: The 2016 DC Measures Study from the Warehousing Education and Research Council shows over 35 percent of respondents report to the C-suite, where interest in logistics performance will only increase. To better communicate to the C-suite, logistics needs to focus on managing and monitoring their performance by concentrating on the three pillars of performance management. In order to be successful, we must think beyond simple short-term results and move towards a better model for managing performance. - Joe Tillman, principal research lead for supply chain, APQC
Analyst Insight: For the past 13 years we've studied metrics used in DCs across the U.S. During that time we've shared benchmarking data, reporting how some of the best firms use metrics to improve performance. Yet, gaps still exist - and bridging them can lead to greater performance gains. For the past two years, we have been examining how companies are using metrics to align to the strategic objective. The results have been surprising! - Donnie Williams, assistant professor of logistics and supply chain management, Georgia State, and Karl Manrodt, professor of logistics and supply chain management, Georgia State
Nearly two-thirds of companies with well-established advanced analytics strategies report operating margins and revenues of 15 percent or more, according to a report developed by Forbes Insights, in collaboration with Ernst & Young.
GPS technology can tell a commercial trucker all about routes and traffic conditions. But when it comes to predicting the regulatory landscape, the road ahead is a lot less clear.
It's tough enough stopping the use of conflict minerals from the Democratic Republic of the Congo. How about attacking the larger issue of human trafficking throughout the supply chain?