Kinaxis

JUNE 12, 2017

I will lean on the Supply Chain Planning space as an example and relate to the broader shifts in the role of IT in supply chain management. As I was reading the book, I couldn’t help but reflect on my own experience of working with IT organizations over the last two decades I have been in the supply chain business.

Supply Chain Planning Software 233

Supply Chain Planning Software Supply Chain Network Software Logistics Network Optimization Software Supply Chain Software 233

GlobalTranz

AUGUST 4, 2015

Editor's Note: As a third party logistics company with a focus on better Less-Than-Truckload (LTL) freight management, we have several shippers who are in the manufacturing industry. In today's post, we share 5 Golden Manufacturing Metrics that all manufacturing companies should understand to improve plant operations quality.

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 120

Talking Logistics

JULY 14, 2015

The relationship between a shipper and a logistics provider often starts as a transactional process. The shipper has an immediate need, which leads to a Request for Proposal (RFP) or Request for Quote (RFQ) process then ultimately selects a third-party logistics (3PL) supplier to execute on that need.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Six Sigma Waste Reduction Supply Chain Planning Software 100

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.

Supply Chain Design Software 60

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

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.

Six Sigma 120

Six Sigma Logistics Network Optimization Software KPI Company 120

Unleashed

MARCH 31, 2021

For many more, this would be too expensive or their supply chain simply isn’t complex enough to warrant such an investment, so they outsource to third parties. These may be known as logistics service providers (LSPs) or third-party logistics (3PL) providers, depending on the context for which they are needed.

Supply Chain Planning Software 69

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

ShipBob

OCTOBER 4, 2023

As such, you can create a lean supply chain and minimize the risk of excess inventory. Leverage inventory turnover ratio and economic order quantity Paying attention to relevant performance metrics can play a vital role in inventory reduction. Certain metrics can tell you which SKUs to reduce and how to order the right quantities.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Expense Reduction 52

Supply Chain Shaman

JULY 8, 2013

In the Supply Chain Metrics that Matter table, we can clearly see that “operating margin” and “inventory turns” matter to public financial performance. Each faces four years of deterioration on this important supply chain metric. Companies have been on Lean journey. Why it Matters. We now have data.

Supply and Demand 214

Supply and Demand Demand Planning Software Modeling Supply Chain Planning Software 214

Supply Chain Network

AUGUST 15, 2012

There’s no getting around it, times are tough and we may still be in for more of these lean times for years to come. On whichever metric one compares, Unemployment, GDP, Inflation or Currency, Canada has fared better during this downturn. with roughly 9% in the US versus 7.5%

Canada 92

Canada Lean Third Party Logistics United States 92

6 River Systems

OCTOBER 14, 2022

This guide will primarily look at fulfillment through the e-commerce lens and deal mostly with third-party logistics (3PL) fulfillment methodologies. The 3PL model involves outsourcing your fulfillment to a third-party logistics specialist. The three main types of fulfillment. How automation can help.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Material Savings 52

GlobalTranz

MAY 6, 2015

Top management knows that lean can add value , but many still haven’t moved past the initial education stage into full-scale lean supply chain implementation. One reason may be that they haven’t made the paradigm shift as to how to implement lean. These metrics should be reviewed frequently to ensure supply chain success.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Planning Software Waste Reduction Lean 120

Logistics Bureau

NOVEMBER 16, 2020

If engineering is your thing, you could join a third-party logistics company and focus on solutions design. Some of the best ways to do that are through third-party logistics companies (3PLs). Recommend ways to enhance performance metrics such as inventory, delivery, and overdue orders.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Supply Chain Game Changer

NOVEMBER 11, 2018

That is how I got into logistics management and gained deep warehousing and transportation experience. I moved into the third-party logistics industry just as that was taking off and gained a ton of experience in logistics costing, WMS installation, selling services and technology skills. Plus, metrics protect you.

SCM 43

SCM Supply Chain Planning Software Buyer Training Supply Chain Software 43

GlobalTranz

AUGUST 9, 2016

Lean is a new way of doing business. For shippers, culture and behavior have to change to apply Lean Transportation thinking. Lean thinking focuses on the elimination of all waste (where waste is defined as any non-value added process) and bringing value to the customer , beyond the customer’s expectations.

Waste Reduction 120

Waste Reduction Agile and Lean Supply Chain Cost Reduction Strategies Lean 120

The Lean Supply Chain

MARCH 22, 2015

Cost Reduction Options: Top Managementknows that lean can add value, but many still haven’t moved past the initial education stage into full-scale lean supply chain implementation. One reason may be that they haven’t made the paradigm shift as to how to implement lean. Lean Supply Chain Implementation Results.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Lean Waste Reduction Supply Chain Planning Software 40

Logistics Bureau

NOVEMBER 27, 2016

Suppliers are measured using factual performance indicators covering pricing, quality, innovation, and reliability , to name but a few of the measurement components included in the “McDonalds Supplier Performance Index,” as the suite of metrics is known. Zara’s Supply Chain: Lean, Fast, and Agile.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Design Software Gartner 40

Logistics Bureau

DECEMBER 20, 2016

In fact, the warehouse is one supply chain area in which a truly lean approach can be taken to cost reduction. The decision to outsource logistics is one which must follow extensive evaluation. Without appropriate attention, metrics can lose validity over time and if this happens, your leadership team will lack performance awareness.

Inventory Reduction 40

Inventory Reduction Cost Reduction Strategies Price Reduction Waste Reduction 40

The Lean Supply Chain

JULY 7, 2015

RTLS also enables management to monitor yard operations’ key performance indicators (KPIs) based on quantifiable productivity metrics measured by the actions of the yard trucks. Logistics Providers, like Third Party Logistics (3PL) companies, use YMS, after a truck leaves the Warehouse.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Modeling Software Demand Planning Software 40

SYSPRO Smarter ERP

MARCH 14, 2022

It’s important to set measurable metrics to determine the success of these campaigns. Transportation: This is another enormous cost, and many manufacturers have tried to reduce it by utilizing third-party logistics companies. After all, if they’re not making money, why run them?

Manufacturing Procurement 105

Manufacturing Procurement Cost Reduction Strategies Material Savings Beverage 105

GlobalTranz

DECEMBER 30, 2014

Transportation Metrics That Matter Most to Track and Improve Performance : How do you measure logistics efficiency and transportation metrics performance indicators when you are already doing the best job possible? Let’s take a look at these trucking industry trends and what kind of facts they provide. Read the Full Blog Post.

Expense Reduction 232

Expense Reduction Logistics Network Optimization Software Supply Chain Planning Software Modeling Software 232

GlobalTranz

JUNE 2, 2016

If you don’t measure this partnership, you will never know how both parties are doing as to meeting the agreed upon metrics, including cost reduction efforts and continuous improvement. This living document should be reviewed monthly, at first, then perhaps quarterly. What are your thoughts?

3PL 120

3PL Manufacturing Procurement Optimal Sourcing Resource Reduction 120

GlobalTranz

DECEMBER 31, 2015

This is in part due to the fact that as a third party logistics company, focused on efficient and strategic transportation management solutions through technology and services, it is vital for us to educate our shipper customers and our team in order to continually improve and always provide value. .

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Logistics Network Optimization Software Supply Chain Software Third Party Logistics 120

GlobalTranz

DECEMBER 28, 2015

Outsourcing in the supply chain of logistics teams may sound farfetched. Yet in outsourced logistics simply refers to hiring a third-party logistics service, 3PL, to handle the logistics services. The Most Important Distribution Center Metrics to Track and Understand. Read the Full article here. .

Logistics Network Optimization Software 120

Logistics Network Optimization Software Logistics Third Party Logistics 3PL 120

ShipBob

NOVEMBER 2, 2021

The Ecommerce Operations Manager also oversees a wide range of cross-functional operational processes and facilitates efficient collaboration between operations, marketing, finance, and retail fulfillment teams, as well as third-party logistics partners and vendors. Lean on outside experts. I sleep better at night.”.

Supply Chain Planning Software 96

Supply Chain Planning Software Optimization Software Analytics Software Logistics Network Optimization Software 96

synchrono

JUNE 19, 2017

The result is a single – visible – version of the truth that enables a more compliant, consistent, Lean, and waste free supply chain. Regional Plant Networks can connect to Warehouse/Distribution Centers to better manage excess inventory and monitor status from Third Party Logistics (3PL) providers.

Real-time Visibility 83

Real-time Visibility Supply Chain Software Manufacturing Procurement Agile and Lean Supply Chain 83

ShipBob

AUGUST 30, 2021

Supply chain analytics refers to the collection of data and information that provide insights into logistics performance, from inventory management to fulfilling and shipping orders. . Supply chain analytics tips and best practices.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

6 River Systems

DECEMBER 11, 2018

Reassess the value of your 3PL provider. “Third party logistics (3PL) providers offer solutions in warehousing, packaging, assembly and distribution under one roof, so you can leave some or all of the order fulfillment to supply chain experts.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

6 River Systems

JULY 25, 2019

If you want to compete in a world where automation is in every corner of consumer life, you can’t continue to lean on archaic business processes. Metrics such as Perfect Order Rate tell businesses a lot. The high rate of manual processes within supply chain management is a large part of the problem.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96