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.

Procurement Analytics 120

Procurement Analytics Metrics Distribution Inventory Reduction 120

QAD

JULY 1, 2021

Maybe you could reduce shipping costs by making more bulk purchases or buying more locally. Improving communication between departments and comparing metrics across them. Optimizing operations for better efficiency, productivity and customer service. Capturing real-time reporting you can quickly access.

Manufacturing Procurement 89

Manufacturing Procurement Procurement Analytics Cost Reduction Strategies Purchasing Skills 89

Logility

JANUARY 26, 2017

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.

Procurement Analytics 100

Procurement Analytics Metrics Supply Chain Planning Software Gartner 100

Supply Chain Shaman

NOVEMBER 21, 2023

Fred owned logistics and customer service for the organization. The warehouse I ran just completed a consolidation of three shipping centers. So, I was always struggling on a daily basis to establish a feasible plan to ship 180 trucks out of 22 doors in a twenty-four-hour operation. The metrics were not aligned.

Supply Chain Planning Software 325

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Cost Reduction Strategies 325

ShipBob

FEBRUARY 3, 2023

By monitoring particular metrics over time across your online sales, in-store sales, and operations, you’ll gain quantitative insights into your business performance. A retail KPI (or “Key Performance Indicator”) refers to a quantifiable metric used to measure how a retail business is performing. Why are retail metrics important?

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

Supply Chain Shaman

DECEMBER 28, 2020

Help Me Improve Customer Service. The problem is that the manufacturing lines are 125% utilized, and there is an ongoing struggle to produce tonnage, much less ship the right product from the production lines to customers based on orders. I rolled up my sleeves to understand the issue. All the best in your journey.

Supply Chain Planning Software 411

Supply Chain Planning Software Forecasting Forecasting Software Modeling 411

RFgen

APRIL 18, 2023

Shipping accuracy is an important aspect of any business that relies on delivering products to customers. Your ability to ship accurate orders to the right destination directly impacts profitability. Misships, or incorrectly shipped items, can lead to customer dissatisfaction, increased costs, and damage to your brand.

Optimization Software 52

Optimization Software Supply Chain Planning Software Inventory Management Software Supply Chain Software 52

Supply Chain Game Changer

AUGUST 21, 2022

A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. These materials were then transferred to barges and rail cars for delivery, and finally to terminals where they were packaged into shipping containers for final delivery by rail.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

Unleashed

APRIL 21, 2024

Once confirmed, the ordered items are picked from your inventory, sorted, packed, and shipped to the customer. Throughout the order processing process, order tracking and updates are given to the customer to provide transparency and enhance customer satisfaction. Order tracking and updates are provided to the customer.

Inventory Management Software 52

Inventory Management Software Analytics Software Supply Chain Design Software Demand Planning Software 52

GlobalTranz

MAY 24, 2016

Using less-than-truckload for medium-sized shipments is one of the great innovations in shipping. It produces results at a fraction of the cost of full truckload (FT) or small package shipping. Stronger, Higher Level of Customer Service. Contract negotiation is becoming a major factor in shipping. Rapid Expansion.

Purchasing Training 137

Purchasing Training Negotiating Skills Supply Chain Design Software Forecasting Software 137

Logility

AUGUST 25, 2020

Failed SCM implementation causes shipping errors. WMS failure causes Adidas to under ship by 20%. Every company today runs on data – the key to using your data is choosing the right metrics for visibility into your supply chain. Focus on how quickly and effectively the company delivers goods to customers. Bankruptcy.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 173

Intelligent Audit

DECEMBER 8, 2020

However, not all shipping analytics tools are created equally. As technology advances, companies must consider multiple potential features, platforms, and companies when choosing and applying shipping analytics capabilities across modes, multi-site locations, and more. Creation of Performance Metrics. Data Normalization.

Analytics Software 52

Analytics Software Supply Chain Software Supply Chain Planning Software Logistics Network Optimization Software 52

Supply Chain Shaman

OCTOBER 13, 2022

While shipping craziness is abating, the issues and implications of the Russian-Ukrainian war, energy shortages in China and Europe, food instability in Africa, and the global water crisis reverberate as disruption after disruption in the supply chain. Functional metrics need to be abandoned to focus on balanced scorecard outputs.

Supply Chain Planning Software 217

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 217

SCMDOJO

MARCH 19, 2024

In essence, a structured supply chain department as described in the blog can help you deliver the right supply chain strategy and goals which helps cost reduction, improve customer service, on-time delivery, and better working capital. Analyze performance metrics and implement improvements to enhance efficiency.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Logistics Viewpoints

JUNE 26, 2023

For Mars, digitalization has focused on improved customer service, cost reductions, and making their supply chain associates more productive. For the largest retailers, short shipping results in fines and penalties. “I’ll 95% is very high performance on this metric; It implies significant transportation cost savings.

Supply Chain Planning Software 207

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 207

GlobalTranz

OCTOBER 10, 2017

Using technology to improve last mile metrics is essential to driving last mile costs down, but how do shippers know if the technology is helping or hurting? Essentially, shippers need to track these 11 metrics. On-Time Deliveries Are King of Last Mile Metrics. On-Time Deliveries Are King of Last Mile Metrics.

Metrics 153

Metrics Cost Reduction Strategies Logistics Network Optimization Software Waste Reduction 153

Unleashed

APRIL 9, 2024

To measure how effective a company is at delivering complete orders on time, you can use the aptly named On Time in Full (OTIF) metric. OTIF meaning On Time in Full (OTIF) is a supply chain management metric that tracks a supplier’s ability to meet delivery promises. Why is OTIF an important supply chain management metric?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Waste Reduction Cost Reduction Strategies 52

SYSPRO Smarter ERP

NOVEMBER 3, 2021

can be measured to define this metric. Manufacturing Cycle Time : This metric is most accurately obtained using real-time monitoring with a Manufacturing Execution System (MES). They are used to measure how effectively the warehouse processes of receiving, replenishment, fulfilment and shipping perform. Customer KPIs.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

Intelligent Audit

JANUARY 21, 2021

On-time shipping performance remains one of the most critical factors for shippers of choice. Keeping customer satisfaction high and remaining focused on crucial business smart goals becomes essential focus points for logistics managers. Not enough planning before, during, and after shipping.

Shipping 40

Shipping Logistics Network Optimization Software Expense Reduction Supply Chain Planning Software 40

GlobalTranz

OCTOBER 2, 2017

According to Mitchell’s NY , last mile logistics is seen as the least efficient leg of shipping, and it accounts for up to 20 percent of the total shipping cost of a product. Moreover, last mile logistics is key to reducing overhead and improving customer service. Be Consumer-Centric. Measure Performance.

Inventory Reduction 363

Inventory Reduction Cost Reduction Strategies Logistics Network Optimization Software Supply Chain Strategy 363

Supply Chain Shaman

JANUARY 31, 2022

Source E2open Shipping Index). As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. Payable terms grew, and the focus on efficient procurement and functional metrics reduced the development of strong relationships across the value chain. Focus on Cost. His response?

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

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?” Nine times out of ten improving customer service requires different management of the budget cycle and a rethinking of financial planning. Background. The River of Demand. #3 The reason why?

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

Supply Chain Shaman

MARCH 18, 2018

Snow fell last night as I worked on my last Supply Chain Metrics That Matter report. The concept of the Effective Frontier is that best in class companies align functional metrics to balance growth, cost, inventory and Return on Invested Capital (ROIC) performance while balancing customer service metrics.

Optimal Sourcing 169

Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization Supply Chain Design Software 169

MercuryGate

MARCH 16, 2021

Many working parts come together to create the best shipping experience when it comes to customer service in logistics. For logistics and shipping managers, this focus on keeping customer wants and needs front and center can be very complex. However, […]. However, […].

Customer Service 52

Customer Service Logistics Network Optimization Software Meeting Shipping 52

Supply Chain Shaman

FEBRUARY 7, 2022

Source E2open Shipping Index). As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. Payable terms grew, and the focus on efficient procurement and functional metrics reduced the development of strong relationships across the value chain. Focus on Cost. His response?

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

GlobalTranz

OCTOBER 5, 2017

Last mile e-commerce, last mile technology, last mile metrics and white glove services make standard shipping conversations seem like child’s play, and the new focus on the last mile is anything but. Leveraging Metrics, Shippers Find Better Ways to Excel at Customer Service and Last Mile Services.

Logistics Network Optimization Software 142

Logistics Network Optimization Software Logistics Supply Chain Software Supply Chain Strategy 142

ModusLink Corporation

OCTOBER 16, 2023

Global Reach: For businesses with international ambitions, ModusLink’s global network of partners and resources facilitates cross-border shipping, customs compliance, and international market penetration. Risk Mitigation: ModusLink’s 3PL services include robust contingency plans and disaster recovery strategies.

3PL 78

3PL Supply Chain Planning Software Negotiating Skills Modeling 78

BlueYonder

JANUARY 18, 2024

While these are both great drivers of customer loyalty and potentially valuable tools, retailers might be missing other options to improve their e-commerce profitability when it comes to returns. For example, how long it takes to get an item back into stock after being returned is very rarely a considered metric for retailers.

Logistics Network Optimization Software 57

Logistics Network Optimization Software How To Supply Chain Software Retail 57

Supply Chain Shaman

OCTOBER 2, 2020

However, when I ask him to define the customer in a B2B context where corporations deal with multiple roles and personas, he struggles. The organization is not clear on accepting special requests and expedited shipping policies, often resulting in a lower margin. Customer Service Failure. The response is a long sigh.

Customer Service 285

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 285

Demand Solutions

DECEMBER 30, 2014

And let’s say that we have seven line items in stock and can ship them complete. To fill the 8th line item complete we had to ship the product from a DC across the country. For the 9th line item we ran an overtime production shift to get the order shipped complete on time.

Forecasting 190

Forecasting Supply Chain Planning Supply and Demand Scenario Planning 190

Logistics Viewpoints

SEPTEMBER 4, 2023

Transportation procurement needs to support both customer service and a company’s internal supply chain goals. Simmons has highly demanding internal and external customers. A 95% on time delivery metric – very high performance – is just not good enough for Simmons. The freight market is mercurial.

Procurement Solutions 203

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 203

Unleashed

MARCH 28, 2023

The success of your business depends on satisfied customers, so you must ensure all aspects of your order management are optimised, efficient and cost-effective. This article looks at nine crucial order management performance metrics to start tracking in your organisation. What is order management? Improved cash flow.

Procurement Analytics 52

Procurement Analytics Metrics Purchasing Skills Cost Reduction Strategies 52

The Logistics of Logistics

FEBRUARY 15, 2013

The best 3PLs communicate effectively throughout the entire lifecycle of the customer relationship. During the sales phase a good 3PL does the following: listens to client needs, manages client expectations, customizes services, and builds relationships. Logistics Key Process Indicators (KPI). Habit 3 – Process Oriented.

KPI 189

KPI Logistics Network Optimization Software 3PL Continuous Improvement 189

GlobalTranz

JUNE 30, 2017

Customers can place orders online, by phone, in person and in nearly any other means desirable. Unfortunately, this means manufacturers face an even greater challenge, as more customers translate into greater use of customer service. In addition, customers are continuing to demand lower prices and free shipping.

Manufacturing Procurement 205

Manufacturing Procurement Manufacturing Procurement Analytics Price Reduction 205

Supply Chain Game Changer

NOVEMBER 3, 2022

This information can help companies manage inventory levels and improve customer service and engagement. This tool allows you to exchange electronic documents like orders, invoices, and shipping notices via an electronic data network (EDN). Procurement Management.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Software Negotiate Pricing Negotiating Skills 115

Supply Chain Shaman

AUGUST 7, 2019

When a company contacts me to help them with their supply chain, the pain is usually a gap in customer service. Analyze Past Results in Customer Service. We draw a timeline on a conference room wall and using customer shipment and compliance data, we plot the issues with customer service and product outages.

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 250

SYSPRO Smarter ERP

JUNE 19, 2023

It encompasses the end-to-end tracking of inventory items, including receipt, put-away, picking, packing, and shipping. Implementation of just-in-time inventory practices, facilitating faster product movement Optimized receiving and shipping processes based on resource availability, leading to efficient operations.

Inventory Reduction 98

Inventory Reduction Resource Reduction Cost Reduction Strategies Inventory Management Software 98