Logistics Bureau

FEBRUARY 6, 2023

Who would have thought that measuring the performance of supply chain processes like warehousing, procurement, or logistics could be so troublesome? Well, we know a few supply chain managers who, having made some of the mistakes covered by this article, would attest to the potential for difficulty. Therefore, you can’t improve them.

KPI 83

KPI Supply Chain Strategy Supply Chain Software Supply Chain Design Software 83

Logistics Viewpoints

SEPTEMBER 13, 2022

Thus, organizations must make sure that data are complete, accurate, timely, and consistent as well as capture the required metrics. Understanding the data, metrics and benchmarks can help the organization collaborate with suppliers to set meaningful, actionable and quantifiable goals. Next, the enterprise can set targets.

Cost Reduction Strategies 211

Cost Reduction Strategies Supply Chain Planning Software GEP Supply Chain Network Software 211

GlobalTranz

JUNE 15, 2017

. Editor's Note: Today's blog is from our friend Robert Everett who gives us some fantastic tips for managing logistics effectiveness. In this article, I propose to have a look at several logistic skills that, besides the specific knowledge in this area, will help to maximize the logistics effectiveness. Quality-focused.

Buyer Training 210

Buyer Training Logistics Network Optimization Software Six Sigma Vendor Strategies 210

SCMDOJO

MARCH 19, 2024

This data can be used to identify areas for improvement and make informed decisions about sourcing, production, and distribution. These functions include procurement, production planning, inventory management, logistics, and customer service. Logistics Logistics involves managing the transportation and delivery of goods.

Optimal Sourcing 75

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 75

Logistics Bureau

FEBRUARY 13, 2018

He joined Logistics Bureau Group back in 2009 and commenced by running the benchmarking business known as Benchmarking Success. Steven, you were a customer of Benchmarking Success with three different companies, most recently as Supply Chain Director with Ingram Micro, the world’s largest IT distributor.

Benchmarking 40

Benchmarking Thailand Asia Malaysia 40

Talking Logistics

JULY 19, 2013

XPO Logistics to Acquire 3PD, the Largest Provider of Heavy Goods, Last-Mile Logistics in North America. Source data is a combination of reference and benchmark data from third parties as well as econometric models and formulas. HighJump Software Acquires Evenex. SAP Announces Second Quarter and First Half Results 2013.

Logistics Network Optimization Software 132

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 132

Zipline Logistics

FEBRUARY 9, 2021

Logistics data has taken a front seat at forward-thinking CPG brands due to its ability to drive impactful and profitability-focused decisions in all facets of the supply chain. Its place in logistics decision making has become critical and can help your organization find the right route, carrier, and receiving location for retail orders.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Performance Supply Chain Planning Software Cost Reduction Strategies 52

Requis

OCTOBER 30, 2020

Supply chain and logistics consultant, educator, and podcast host Rob O’Byrne has over 40 years of supply chain experience. He has been helping companies design more profitable supply chains for over 25 years, most of them as founder and CEO of Logistics Bureau. It’s embarrassing to say, but I’ve been in logistics since 1975.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

Supply Chain Collaborator

AUGUST 13, 2015

191 qualified global logistics practitioners were surveyed in 2015 by American Shipper magazine for their seventh annual benchmark study of transportation management. However, here is a distillation of the best practices for approaching transportation and logistics IT initiatives provided at the conclusion of the report.

Transportation Management 60

Transportation Management Logistics Network Optimization Software Optimal Sourcing Network Design Software 60

Resilinc

APRIL 13, 2021

Institutionalizing is when the support of your stakeholders and C-level leaders deepens because they see the SCRM program is achieving its metrics. The key to Institutionalizing your SCRM program is achieving ongoing successes as measured by the metrics agreed to in the Plan—and ensuring that leaders and stakeholders validate these successes.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Strategy 62

Logistics Viewpoints

JULY 19, 2023

However, sustainability in logistics goes well beyond these initiatives. APQC conducts research on supply chain and logistics to help organizations assess the performance of their own processes and functions compared to their peers. Below are the results from the cross-industry report for environmental sustainability.

Sustainability 193

Sustainability Optimal Sourcing Logistics Material Savings 193

GlobalTranz

MARCH 24, 2015

Carriers in the trucking industry and also shippers today are actively looking for ways to combat the rising costs of operating their businesses, but they often do not fully understand proper benchmarking, transportation cost analysis, and profit management are intertwined. Maintenance repair was the next most expensive line item expense.

Benchmarking 120

Benchmarking Purchasing Skills Analysis Cost Reduction Strategies 120

ToolsGroup

JULY 11, 2017

It’s a problem of “lost in translation”—the differing lingo used by the finance side versus planning, supply, production and logistics. For instance, a Gartner industry benchmarking shows that a 1% increase in forecast accuracy typically achieves: 2-7% reduction in the value of total inventory as a percentage of sales (working capital).

S&OP 92

S&OP Supply and Demand Inventory Reduction Price Reduction 92

Supply Chain Collaborator

OCTOBER 17, 2017

The third party logistics (3PL) model, while critical to smaller, low-volume shippers, has never been the best option for organizations shipping moderate-to-high volumes of freight. Purveyors of logistics IT solutions have been warning of the shortcomings of 3PL tech for years. They’re designed mostly to automate tendering processes.

Supply Chain Design Software 60

Supply Chain Design Software Supply Chain Software Modeling Software Logistics Network Optimization Software 60

Supply Chain Shaman

APRIL 27, 2022

At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. For the purpose of this article, I will use Return on Invested Capital (ROIC) as the proxy metric to discuss asset utilization.) I never calculated and accounted for the inter-dependencies between metrics.

Procurement Analytics 345

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 345

ThroughPut

DECEMBER 6, 2023

When companies leverage data from various sources such as sales history, market trends, and external factors, predictive analytics paired with supply chain intelligence provide valuable insights that enable better decision-making and proactive planning – like never before.

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

Material Handling & Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. Digitization is Your Friend. Think Beyond Best-in-Class.

Optimal Sourcing 110

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 110

Intelligent Audit

DECEMBER 22, 2020

The key to better logistics is a streamlined system that utilizes business intelligence and processes that yield transportation optimization. Sometimes a third party source outside of the company needs to be accessed for data. That includes issues in sourcing transportation capacity, freight settlement, and recordkeeping.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Analytics Software Supply Chain Software 52

Freightos

FEBRUARY 4, 2020

As a result, nearly every industry has created on-demand metrics to gauge market performance, hedge risks, and to power intelligent decisions. Sources: FBX and SGX. managing complex benchmarks for the shipping industry, to create the Freightos Baltic Index (FBX). To optimize choices as costs change. The FBX Daily Difference.

Optimal Sourcing 235

Optimal Sourcing Purchasing Skills Real-time Visibility Procurement Analytics 235

NC State SCRC

JUNE 27, 2017

It will not determine the extent of deployment across different business units, but could be used to benchmark performance across business units. They may provide specific KPI benchmark levels for a process (in such terms as percentage cost savings). > Procurement – Metrics – Cost of proc/TC of raw materials. >

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement 40

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. It includes all of its elements: customers, sales channels, products, warehouses, logistics network, and the interactions between them. This includes internal and external data sources.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 261

DynaSys

FEBRUARY 3, 2021

Understand their sources of income. Income and consumer confidence data, unemployment rates by region and by sector, and sales in benchmark industries like hotels and air travel are worth considering. Some may be caused or exacerbated by pandemic relapses. Supplier, customer insolvencies or difficulties.

Modeling 97

Modeling Supply Chain Planning Software Scenario Planning Supply Chain Planning 97

Unleashed

MARCH 9, 2021

In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. What is procurement? Undamaged shipment rate.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Intelligent Audit

FEBRUARY 3, 2022

Understand data-driven metrics and KPIs within the freight bill auditing services ’ software. For example, Inbound Logistics reported that freight audits resulted in 12-16% savings in 2019. So why the difference between GlobalTranz and Inbound Logistics data? Get better deals on shipping rates.

Freight 52

Freight Material Savings Resource Reduction Cost Reduction Strategies 52

NC State SCRC

NOVEMBER 5, 2016

Contract analytics can provide a summary view on performance and pricing deviations, risks, statistics (expiry, renewal and pending), procurement and sales metrics. 1] https://infocus.emc.com/mauro_caputi/contracts-management-and-analytics-the-source-of-truth-for-big-data/.

Negotiating Skills 40

Negotiating Skills Analytics Software Supply Chain Planning Software Modeling Software 40

Zipline Logistics

JANUARY 17, 2023

When you think of sustainability, you might think of CPG brands practicing ethical sourcing or using recyclable packaging. Advanced technological suites and logistics planning methodology, combined with other initiatives, can help brands find optimal routing for their deliveries. Electric Vehicles . roads generate about 7% of U.S.

Resource Reduction 78

Resource Reduction Waste Reduction Vendor Strategies Optimal Sourcing 78

ThroughPut

AUGUST 12, 2021

S&OP helps to align demand with supply and avoid metrics of losses that are presented through insufficient supplies or excessive inventories. It also determines achievable benchmarks, creating new profit targets ensuring fulfillment of previous ones. Higher profitability and revenue predictability. Leveraging automation.

Supply Chain Planning Software 52

Supply Chain Planning Software S&OP Inventory Reduction Scenario Planning 52

Talking Logistics

JULY 11, 2018

When first engaging in a partnership, shippers and their logistics providers have certain objectives in mind. By applying a proven methodology to business management, shippers and their logistics providers can better define the overall vision. OGSM has four components: Source: Transplace.

Optimal Sourcing 101

Optimal Sourcing Transportation Cost Reduction Strategies Sourcing Strategies 101

ToolsGroup

APRIL 1, 2022

Material Handling & Logistics ). Material Handling & Logistics ). 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. How the Supply Chain Crisis is Impacting Businesses and Consumers.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Talking Logistics

FEBRUARY 1, 2019

I was in Orlando, Florida this week moderating workshops for a logistics service provider client. req’d) How Blockchain Could Benefit Levi’s Worker Well-Being Initiative (Sourcing Journal) Companies Plan for Tariffs, More Paperwork in Case of ‘No-Deal’ Brexit (WSJ – sub.

Logistics Network Optimization Software 104

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Network Software Demand Planning Software 104

Supply Chain Shaman

JULY 6, 2020

Tom, the colorful warehouse manager, constantly heckled Frank for the increasing inventory levels while Ed, the quiet material/logistics manager, constantly questioned if there was a better way. Despite goals to improve agility and resiliency, functional metrics for manufacturing efficiency continually throw the supply chain out of balance.

Agile and Lean Supply Chain 295

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 295

Logistics Viewpoints

JANUARY 23, 2024

The most interesting thing that Blue Yonder is doing from an OMS standpoint is driving promising and pre-sourcing to retailers. Blue Yonder also acquired Doddle to close the loop on reverse logistics. And if they are not, the retailer can look at alternative sources that aligns to their goals.

Supply Chain Planning Software 209

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 209

ShipBob

DECEMBER 3, 2021

To thrive in a competitive ecommerce marketplace, businesses need streamlined supply chains that deliver on customers’ expectations — and to achieve that goal, you’ll need experienced logistics professionals. The Director of Logistics is one of the important logistics professionals for growing ecommerce companies to hire.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Supply Chain Planning Software Optimal Sourcing 52

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

Logistics teams simply don’t have the resources or time to keep up with constantly changing weather patterns and how they will impact their supply chains. Emissions factor heavily into the environmental, social, and governance (ESG) metrics investors care about, but carbon taxes are also on the minds of many executives.

Predictive Analytics Software 130

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Prescriptive Analytics Software 130

Supply Chain Shaman

JULY 25, 2016

We think deep research to help companies determine benchmarks and set goals. The source data for the analysis is public reporting of balance sheets and income statements. Check out their performance by plotting year-over-year metrics at the intersection of two ratios and look at the patterns. Background.

Pharmaceutical 210

Pharmaceutical Supply Chain Design Supply Chain Strategy Supply Chain Planning 210

Logistics Bureau

JULY 18, 2022

As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. For example, you don’t want to assume that a single logistics strategy and service approach will meet all your customers’ needs. Reverse logistics. Delivery service levels.

Inventory Reduction 88

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction Strategies 88

Locus

MAY 25, 2022

The American customer satisfaction index customer experience benchmarks for timeliness of delivery fell drastically from 82 in 2020 to 76 in 2022. Source: statista.com. The American customer satisfaction index customer experience benchmarks for ease of tracking shipment fell to 81 in 2022 from 83 in 2020 in the US.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Price Mitigation Strategies 52