GlobalTranz

JULY 7, 2021

Learning the difference between third party logistics (3PL) and fourth-party logistics (4PL), as well as 1PL and 2PL, and the rise of even fifth-party logistics (5PLs) is becoming increasingly sophisticated and valuable for driving successful supply chain operations. What is the difference between 3PL and 4PL?

3PL 210

3PL Third Party Logistics Logistics Network Optimization Software How To 210

The Logistics & Supply Chain Management Society

MARCH 14, 2023

Logistics Procurement – Performance Management by LSCMS Shippers’ Council Shortly after the outset of COVID, in early 2020, supply chains have been disrupted across the globe. Logistics Managers need to address other elements namely: How do we measure ocean freight spending against market levels?

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

Unleashed

MARCH 9, 2021

For example, industries like transportation and logistics, technology or consumer goods will focus more on supplier collaboration. That’s where Procurement Metrics and Key Performance Indicators (KPIs) come into play. Procurement metrics and KPIs allow organisations to measure results and guide best practice performance.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Talking Logistics

NOVEMBER 2, 2016

When it comes to supply chain and logistics, figuring out the right approach to measuring performance is a challenge. Assuming you can start with a clean slate, are there any guiding principles to selecting the “right” metrics? One is they have way too many metrics. Which supply chain metrics matter the most?

Metrics 100

Metrics Supply Chain Logistics Network Optimization Software Supply and Demand 100

BlueYonder

JANUARY 18, 2024

For example, how long it takes to get an item back into stock after being returned is very rarely a considered metric for retailers. Inventory that can’t be sold is a cost, and the shipping and logistics operation that gets it back to DCs is another cost. It’s not just a pure numbers question either.

Logistics Network Optimization Software 57

Logistics Network Optimization Software How To Supply Chain Software Retail 57

OptiProERP

APRIL 9, 2024

Collaboration between production, procurement, and logistics teams is essential to optimize resource utilization and minimize lead times. Shipping and Logistics Once products pass quality checks, they are prepared for shipping. Manufacturing and Assembly The heart of the process lies in manufacturing and assembly.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 52

ShipBob

FEBRUARY 3, 2023

As a retailer, so much of your time and energy goes into managing your inventory , streamlining your logistics, building partnerships, and curating the customer experience. But how do you know if all that hard work is paying off? Why are retail metrics important? What is a retail KPI?

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

Supply Chain Shaman

FEBRUARY 18, 2021

The Emergence of Logistics as Constraint. Advanced planning tools(APS) never considered the issues of logistics. Availability of logistics was always assumed. With the contraction of air capacity and the unprecedented level of imports to the United States from Asia, logistics constraints grew in importance in the pandemic.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 278

Zipline Logistics

JULY 27, 2021

For best logistics outcomes, shippers should look to arrange transportation as soon as possible for upcoming purchase orders. Leverage Logistics Data. By isolating key metrics, you can diagnose how to improve laggard performance and where your logistics operation needs to be tweaked to keep up with increased demand during peak.

Vendor Strategies 52

Vendor Strategies Optimal Sourcing Sourcing Strategies Cost Reduction Strategies 52

Supply Chain Shaman

NOVEMBER 21, 2023

Fred owned logistics and customer service for the organization. Dan had a very manufacturing view and Fred focused on logistics. In contrast, Fred’s bonus was on logistics costs, so he was constantly rebidding lanes and bringing in new carriers. He wanted control of the warehouse to reduce logistics costs.

Supply Chain Planning Software 325

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

OptiProERP

APRIL 25, 2023

As a manufacturer, tracking logistics key performance indicators (KPIs) can help you identify areas of improvement and optimize your supply chain. However, with so many metrics to track, it can be overwhelming to know where to start. This metric can help you identify areas for improvement in your order fulfillment process.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Inventory Reduction Expense Reduction Manufacturing 52

crisp

OCTOBER 20, 2022

In this guide, we’ll show you what metrics those are, easy ways to find them, and how you can use them to accelerate your brand’s retail growth. Now that you know how to access your retail data easily and often, here are the metrics you’ll want to keep on hand: Velocity. Retail data: A brand’s greatest asset.

Procurement Analytics 98

Procurement Analytics Inventory Reduction Data Waste Reduction 98

ThroughPut

MARCH 15, 2024

Step 3: Metric Selection Not everything can be improved or enhanced at the same time with AI. Based on the outcome chosen, key metrics can be identified to track the impact of AI, such as “order accuracy” or “warehouse throughput”. The post How to Implement AI in Your Supply Chain: A Real-world Guide appeared first on ThroughPut.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 52

ThroughPut

MARCH 15, 2024

Step 3: Metric Selection Not everything can be improved or enhanced at the same time with AI. Based on the outcome chosen, key metrics can be identified to track the impact of AI, such as “order accuracy” or “warehouse throughput”. The post How to Implement AI in Your Supply Chain: A Real-world Guide appeared first on ThroughPut.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 52

GlobalTranz

APRIL 5, 2017

With the added pressure to lower costs to end-users, your customers, it’s no surprise that the need for increased scrutiny and cost reductions among inbound logistics partners, your vendors, has gone rogue. Vendors need access to stringent, high-quality instructions for how to bring shipments to you. The first roadblock is simple.

Vendor Strategies 123

Vendor Strategies Cost Reduction Strategies Inventory Reduction Logistics 123

Unleashed

JANUARY 16, 2024

Landed cost is a crucial metric for understanding profitability at the product level. Without it, you’ll struggle to achieve an accurate measure of how well your business is doing. This guide breaks down how landed cost is calculated, why it matters, and strategic ways to lower your landed costs and increase profitability.

Cost Reduction Strategies 52

Cost Reduction Strategies Material Savings Price Reduction Inventory Reduction 52

The Logistics of Logistics

SEPTEMBER 15, 2023

Focused on logistics, manufacturing, and distribution channel strategies, Jonathon helps organizations make confident decisions for bold growth. Jonathon is not only a strategist but also a dynamic facilitator, conducting nationwide workshops on employee engagement, customer loyalty, leadership development, and growth metrics.

Price Reduction 222

Price Reduction Company Supply Chain Strategy North America 222

Supply Chain Opz

JANUARY 3, 2022

Are you looking for logistics management books? In this article, we will show you 5 books that'll help you learn logistics faster than any other logistics book. In the United States, the median wage for a Logistics Manager is around $70,000 annually. Best Logistics Book for Beginners: 1.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

ShipBob

JUNE 18, 2023

Let’s jump into what beginning inventory is and how to easily calculate it. Beginning inventory explained The importance of knowing your beginning inventory How to value inventory Where and when to use beginning inventory? Understanding both of these metrics allows you to know the cost of producing and selling your products.

Inventory 98

Inventory Purchasing Skills Manufacturing Procurement How To 98

Unleashed

FEBRUARY 28, 2023

Here, we’ll talk about what receiving efficiency is, how to measure it using warehousing metrics, and cover a few different ways to optimise your inward goods process. Receiving efficiency is a useful warehousing metric that helps business owners determine whether their receiving process needs improvement.

Inventory Management Software 52

Inventory Management Software How To Inventory Reduction Warehousing 52

SCMDOJO

JULY 24, 2023

Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. Read More: 6 Logistics KPIs Attributes That are Essential ] What is Contract Logistics?

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

GlobalTranz

FEBRUARY 2, 2018

Staff members also need to know how to manage omnichannel fulfillment. Develop Metrics to Track the Effectiveness and Efficiency of the Omnichannel Strategy. Retailers must implement specific metrics to track the effectiveness and efficiency of the original strategy and all appropriate solutions.

Omnichannel 169

Omnichannel Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 169

Logistics Viewpoints

JUNE 22, 2023

How to measure OTIF: OTIF measurements pose challenges for organizations regardless of their type or industry. It is a crucial metric that reflects the supply chain’s contribution to the customer experience, impacting brands, wholesalers, retailers, manufacturers, and distributors, both online and offline.

Supply Chain Software 189

Supply Chain Software Real-time Visibility Modeling Software Optimization Software 189

GlobalTranz

MAY 20, 2015

Editor’s Note: This is the first in a three-part series on Supplier Quality Management processes and how to evaluate your suppliers from Chuck Intrieri of The Lean Supply Chain. Therefore, it is paramount for you as a logistics and supply chain professional to have a keen sense of how to properly evaluate a supplier.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

GlobalTranz

DECEMBER 29, 2014

We continue our top blog posts of 2014 from our main categories today by focusing on something at Cerasis we are experts in : Logistics. If you are familiar with the term logistics, then you undoubtedly know it conjures up a different meaning to different people , different countries, and different companies even. Read the full Post.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

ModusLink Corporation

DECEMBER 13, 2022

Thus, the best way forward will be to redefine operation standards and focus on tracking labor metrics that foster innovation and supply chain optimization. How to Improve Your Multi-Location Inventory Management. The post How to Improve Global Fulfillment in 2023 appeared first on ModusLink. Bibliography. 29 November 2022. <[link].

Inventory Reduction 78

Inventory Reduction Resource Reduction Waste Reduction Material Savings 78

Locus

JUNE 9, 2023

Want to know how to control transportation costs, and make each delivery profitable? What is the transportation cost in logistics? Transport cost is the most critical cost that determines the profitability of an enterprise involved in a logistics operation. How to calculate the transport cost in logistics?

Cost Reduction Strategies 52

Cost Reduction Strategies Transportation Logistics Network Optimization Software Optimization Software 52

Locus

JUNE 9, 2023

Want to know how to control transportation costs, and make each delivery profitable? What is the transportation cost in logistics? Transport cost is the most critical cost that determines the profitability of an enterprise involved in a logistics operation. How to calculate the transport cost in logistics?

Cost Reduction Strategies 52

Cost Reduction Strategies Transportation Logistics Network Optimization Software Optimization Software 52

GlobalTranz

MAY 18, 2018

Meanwhile, more companies are turning to entities outside of the company, like third-party logistics or integrators (3PLs and 3PIs) to manage omnichannel supply chains , reports Maarten Baltussen of Supply Chain Digital. How to Avoid Supply Chain Technology Hiccups appeared first on Transportation Management Company | Cerasis.

Supply Chain Design Software 138

Supply Chain Design Software Supply Chain Software Omnichannel Analytics Software 138

Unleashed

AUGUST 20, 2023

Here we break down what lead time is, the types of lead times in supply chain management , the factors that affect lead time, and how to shorten lead times to provide a better customer experience. Lead time is a vital business metric that directly impacts customer satisfaction, workflow efficiency, and delivery time accuracy.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

6 River Systems

OCTOBER 19, 2020

Warehouse logistics is the heart of any supply chain operation, assimilating and dispatching goods to ensure availability and timely delivery. One of the best ways to reduce shipping costs and ensure fast delivery is by optimizing warehouse logistics. What is warehouse logistics?

Warehousing 98

Warehousing Logistics Network Optimization Software Inventory Reduction Supply Chain Planning Software 98

ShipBob

DECEMBER 13, 2023

By the end of this article, you’ll gain insights into which inventory health indicators you should be monitoring, how to overcome common inventory management hurdles, and see how a third-party logistics provider like ShipBob can help. These metrics provide valuable insights into how well your inventory is managed.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

Intelligent Audit

MARCH 21, 2022

Tying everything together with freight data and statistics can improve day-to-day operations, speed up logistics, and make communications easier. Use Metrics and Data to Know Which Carriers Perform the Best For Each Unique Load or Shipment. Leverage Machine Learning to Gain Deeper Understanding of Problems and How to Fix Them.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Supply Chain Optimization Network Optimization 52

Logistics Viewpoints

NOVEMBER 3, 2022

How to Get the Most Out of Your Labor Management System Using Engineered Labor Standards to Impact Warehouse Output. The latter refers to a single variable standard (SVS), by which one metric, such as cases per hour, is expected to tell all. If you’re like many LMS users, you may find the concept of MVS a bit confusing. Ad infinitum.

Supply Chain Design Software 212

Supply Chain Design Software Optimization Software System Logistics Network Optimization Software 212

The Logistics of Logistics

FEBRUARY 11, 2022

OTIF is a key supply chain metric. Andrew Lynch is President and co-founder of Zipline Logistics , an award-winning North American 3PL that specializes exclusively in the transportation of retail consumer goods. About Zipline Logistics. Zipline Logistics was selected as an Inc. Zipline Logistics was selected as an Inc.

Cost Reduction Strategies 206

Cost Reduction Strategies North America Logistics Network Optimization Software Manufacturing Procurement 206

Unleashed

MARCH 31, 2021

However, when people refer to supply chains, they often use the terms ‘supply chain’ and ‘logistics’ interchangeably. The difference between supply chain and logistics. What is logistics? Logistics is a subset of the wider supply chain that controls the movement and storage of goods between nodes in the wider network.

Supply Chain Planning Software 69

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 69

Logistics Bureau

NOVEMBER 8, 2021

Well, not just for benchmarking, but also for maximum visibility of your supply chain and logistics performance. How hard can that be?” Because you can find plenty of other articles on this blog and the Logistics Bureau blog if you’d like to peruse such lists. The Right KPI Mix: Cost and Service-Centric Metrics.

Benchmarking 67

Benchmarking KPI Supply Chain Strategy Supply Chain Software 67