Amware Logistics and Fulfillment

NOVEMBER 7, 2023

Order accuracy is a critical metric, but it’s far more than that. In this article, we look at why the order accuracy KPI is so critical, current standards for order accuracy, and how technology plays a role in driving this metric up and to the right. Precision is the cornerstone of success in B2C order fulfillment.

KPI 62

KPI Metrics Warehousing 62

Talking Logistics

AUGUST 5, 2013

Companies spend a lot of time and energy measuring operational metrics, the “what” of supply chain performance, but they generally fail to measure the “how” aspects of performance –i.e., the interpersonal skills of employees that also play a critical role. In this episode, Tracy Maylett , Ed.D,

Metrics 145

Metrics KPI Case Study Supply Chain Performance 145

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. To find out, you’ll need to track Key performance Indicators, or KPIs, for your retail business. What is a retail KPI? Why are retail metrics important?

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

GlobalTranz

APRIL 25, 2016

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance. Every company knows customer service is important, but it is seldom well-defined, and even more rarely measured in logistics operations. Read more. . Read More. .

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

The Logistics of Logistics

OCTOBER 8, 2012

When you have chosen a 3PL partner, insure that you have an effective Service Level Agreement (SLA) with accompanying Key Performance Indicators (KPIs) to manage the Service Level of the 3PL. This SLA/KPI has to be negotiated and agreed upon by you and your 3PL partner.This negotiation time can take three (3) to Six (6) months.

Third Party Logistics 145

Third Party Logistics Negotiating Skills Purchasing Skills KPI 145

Talking Logistics

SEPTEMBER 12, 2017

The four key methods here will help you drive more success as you bring the metrics to life on your warehouse floor: 1. Show the “story” of your metrics with quarterly and yearly growth charts; show how far you’ve come as a team over time. As a leader, you need many tools to eliminate this mindset.

Metrics 106

Metrics Supply Chain Planning Software Supply Chain Software Supply Chain Planning 106

Silvon Software

JUNE 1, 2023

Ideally, your S&OP KPIs should consist of a mix of strategic, tactical, and operational metrics. At times, finding the right metrics can feel incredibly challenging, and there might be a tendency to measure things for the sake of measurement. What Should You Base Your KPIs On?

S&OP 93

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 93

SCMDOJO

JUNE 6, 2023

This Distribution Operations Assessment tool can be used by Original Equipment Manufacturers (OEMs), Principal Corporates, and distributors themselves to gain insight into materials management and logistics knowledge, identify gaps in skills and knowledge, and foster critical thinking and self-awareness.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Software Optimization Software Material Savings 89

Logistics Bureau

OCTOBER 9, 2017

What is a KPI? What is a KPI? Can you explain what a KPI is? Take the notion of a KPI or key performance indicator, for example. You’ll hear a lot in different organisations about KPIs, but that doesn’t mean they are always used effectively. As the name indicates, KPIs concern “key” areas of the business.

KPI 40

KPI Supply Chain Planning Supply Chain Metrics 40

Logistics Bureau

AUGUST 23, 2022

Related articles on this topic have appeared throughout our website, check them out: 3 Practical Metrics for Supplier Performance Evaluation. KPIs for Your Warehouse: How to Choose and Use Them. KPI Key Performance Indicators in Supply Chain & Logistics. A Concise Guide to Inventory KPIs for Your Business.

KPI 79

KPI Metrics Supply Chain Warehousing 79

Precoro

JULY 16, 2023

At the heart of the whole process is the purchasing manager – a supply chain and logistics professional who works to secure the required materials, goods, and services necessary for running the business. We have selected 5 fundamental KPIs that purchasing managers should consider.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

BlueYonder

APRIL 9, 2024

This initiative is central to enhancing the management and efficiency of its logistics operations throughout Europe. Each of these individual elements tick the parallel KPI boxes of saved money, lower emissions, and improved customer satisfaction. In Carlsberg’s case, “from the barley in the fields to the beer in our hands.”

Optimal Sourcing 101

Optimal Sourcing Sustainability Material Savings Waste Reduction 101

Logistics Bureau

OCTOBER 20, 2021

. “Paralysis by analysis” is a common term used to describe such a situation, and you can avoid it by monitoring a smaller number of carefully chosen KPIs. ” Feel free to track lots more metrics in the background if you wish, but try to keep attention focused on the five or six “real KPIs.”

Supply Chain Design Software 80

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 80

Intelligent Audit

JANUARY 28, 2021

One of the best ways for managers and team members to keep track of things is with a well-rounded logistics KPIs scorecard. What is a Logistics KPIs Scorecard. An organized and complete logistics KPIs scorecard can help bring these core characteristics and points into focus for managers. .

Logistics Network Optimization Software 59

Logistics Network Optimization Software Logistics KPI Optimization Software 59

Logistics Bureau

NOVEMBER 8, 2021

Well, not just for benchmarking, but also for maximum visibility of your supply chain and logistics performance. But perhaps surprisingly, in our work, we come across a substantial number of businesses that struggle with KPI selection and use. What Makes a “Right” KPI? The Right KPI Mix: Cost and Service-Centric Metrics.

Benchmarking 67

Benchmarking KPI Supply Chain Strategy Supply Chain Software 67

The Logistics of Logistics

FEBRUARY 15, 2013

The best 3PLs do a great job of communicating with their clients and logistics partners. Habit 2 – Measure Logistics Performance. A highly effective 3PL will use key process indicators (KPIs) to monitor logistics performance. Logistics Key Process Indicators (KPI). Logistics Process Mapping Basics.

KPI 189

KPI Logistics Network Optimization Software 3PL Continuous Improvement 189

Logistics Bureau

AUGUST 2, 2021

While some supply chain KPIs will provide a broad and high-level picture for end-to-end performance monitoring, others enable more granular insights into specific functions. On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

Silvon Software

MARCH 3, 2023

A Few Important KPIs for Tracking S&OP Performance As a long-time provider of business intelligence applications for manufacturing and distribution businesses, Silvon has played a key role in helping our clients define and implement performance metrics that align their S&OP initiatives with their corporate goals.

S&OP 102

S&OP Procurement Analytics Supply and Demand Analytics Software 102

GlobalTranz

OCTOBER 27, 2015

Today we continue our series on successfully working with a logistics company, often called a third party logistics company by focusing on how to properly understand the success of the engagement by knowing all the key performance indicators that a shipper could put in place. This starts with deploying the S.M.A.R.T.

Six Sigma 120

Six Sigma Logistics Network Optimization Software KPI Company 120

Kanban Logistics

OCTOBER 31, 2023

Software: 3PL providers invest in the latest warehousing and logistics technology so you don’t have to. Two areas that should be of interest are continuous improvement and KPI management. Key performance indicators (KPIs) are the metrics that help you to understand just how well your 3PL is performing.

Warehousing 52

Warehousing 3PL Supply and Demand Logistics Network Optimization Software 52

SCMDOJO

FEBRUARY 20, 2023

It involves various activities, such as warehousing, inventory management, transportation, and logistics. To stay competitive in this challenging environment, distributors must stay abreast of new trends, advances, and changes in the supply chain and logistics landscape. Logistics KPI Dashboard Excel Template 4.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 101

Intelligent Audit

DECEMBER 10, 2020

That’s why shippers need to track shipping data and the supply chain KPI values that affect both throughput and financial stability. We will take a closer look at the leading throughput supply chain KPIs needed for success for this two-part series. The so-called perfect order metric is the ideal supply chain KPI.

Supply Chain Software 52

Supply Chain Software KPI Supply Chain Optimization Supply Chain Strategy 52

GlobalTranz

JANUARY 4, 2017

When it comes to the logistics industry, whether it's transportation management contracts or warehouse contracts, there are a million moving parts, and as many questions. In the below is a real world example of a consultant coming to a third party logistics company with the goal of choosing a warehouse and 3pl provider. 3PL Answer 1.

Modeling 194

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 194

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Another methodology is the Porter’s Value Chain Framework, which comprises of inbound logistics, operations, outbound logistics, sales, and service. It might seem easier to select SCOR as it provides KPIs for the high-level processes as well as the lower-level processes. can be measured to define this metric.

Manufacturing Procurement 105

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

The Logistics of Logistics

APRIL 6, 2013

A service level agreement (SLA) is a contract between a Logistics service provider and a customer that specifies, in measurable terms, what services the Logistics provider will furnish. Many customers manage their Logistics providers with an SLA. These KPIs are different for each customer-Service provider agreement.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Negotiating Skills KPI Purchasing Skills 100

Supply Chain Game Changer

JULY 21, 2021

Product Management KPIs! Supply Chain KPIs article and permission to publish here provided by Harkirat Ahluwalia. Supply chain key performance indicators and metrics are ways in which someone can quantify the performance of their company’s supply chain to gain a better understanding of its strengths and weaknesses.

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

SCMDOJO

MARCH 19, 2024

These functions include procurement, production planning, inventory management, logistics, and customer service. Logistics Logistics involves managing the transportation and delivery of goods. These roles include supply chain managers, procurement specialists, demand planners, logistics coordinators, and data analysts.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Logistics Bureau

JULY 27, 2016

Regardless of advances in business analytics therefore, I still advocate a measured approach to measurement (pun intended), by way of a carefully chosen handful of KPIs which are meaningful and actionable. Supplier Performance Metrics for Every Organisation. Other Supplier Performance Metrics. Returns rate metrics.

Procurement Analytics 40

Procurement Analytics Metrics Procurement Solutions Analytics Software 40

ShipBob

JANUARY 28, 2022

In this article, we break down what inventory KPIs entail, why they matter, and which metrics are most valuable for you to track. . What are KPIs & why are they important for your inventory management? You can easily track these KPIs in an inventory management system (IMS) or enterprise resource planner (ERP).

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

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

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

Pre-Procurement Before commencing on a Procurement Exercise, it’s important to collaborate with internal stakeholders, including procurement teams, logistics departments, and related teams, to ensure alignment on objectives, requirements, and budgets. Contracting / Award Pricing Terms and Agreement Service Level Agreement (SLAs) (E.g.,

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

Zipline Logistics

JUNE 15, 2021

Because of the changes to the retail and CPG industries, forward-thinking sporting goods shippers are looking to logistics as a differentiation strategy. Some of the largest sporting goods brands are now viewing logistics as not just a cost of doing business but instead as an investment that can help them scale their businesses.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Logistics Network Optimization Software Optimal Sourcing 52

Amware Logistics and Fulfillment

JUNE 14, 2022

When you outsource product fulfillment to a third-party logistics company (3PL), you place your trust and your customers' satisfaction in its hands. Yet it's shocking how many Etailers have no well-developed order fulfillment metrics to monitor performance.

Metrics 118

Metrics Third Party Logistics 3PL Logistics 118

The Logistics of Logistics

FEBRUARY 16, 2013

The best LTL KPI for measuring cost performance is cost per pound. The less than truckload (LTL) cost per pound KPI is easy to calculate (see below). Logistics Key Process Indicators (KPIs). LTL KPI – Cost per Pound Calculation. LTL KPI – Cost per Pound Calculation. Additional Reading on LTL KPIs.

KPI 100

KPI Cost Reduction Strategies Third Party Logistics Metrics 100

Intelligent Audit

OCTOBER 27, 2022

Shippers can get a handle on their expenses by tracking freight invoices and improving their logistics strategy. . Far from a buzzword, big data analytics in logistics and supply chain management are helping companies gain insight into their current performance while optimizing future operations. Examples of Big Data in Logistics Uses.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

The Logistics of Logistics

FEBRUARY 18, 2013

The best LTL KPI for measuring damaged shipments is simply the percentage of damage free shipments delivered. To minimize freight damage, begin measuring it with the damage free shipments KPI. LTL KPI – Damage Free Shipments. Insights from Damage Free Shipment KPI. Logistics Key Process Indicators (KPIs).

KPI 100

KPI Freight Third Party Logistics Metrics 100

The Logistics of Logistics

FEBRUARY 19, 2013

The best LTL KPI for measuring billing accuracy is simply the percentage of accurate bills. Regardless of who does the freight bill auditing, shippers should measure billing accuracy with the LTL KPI described in this article. LTL KPI – Calculating Billing Accuracy. Insights from Billing Accuracy KPI.

KPI 100

KPI Third Party Logistics Price Reduction Cost Reduction Strategies 100