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9 Key Topics to Understand to Frame A Shipper’s Mind for Effective KPI Management with a 3PL

GlobalTranz

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. All KPIS have metrics to measure. 3PL/Shipper/Customer Rewards.

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Google Will Acquire a 3PL – And Other Supply Chain and Logistics Predictions for 2015

Talking Logistics

Three years later, he stayed with his $300-a-barrel prediction, but shifted the timeframe to 2020 (see the CBS News article, Another $300 Oil Prediction — and Why This One Matters ). Brent crude oil prices Dec 2009 – Dec 2014 (Source MoneyAM.com). For related commentary, see Insights from Ryder Innovate 2014.

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This Week in Logistics News (July 28 – August 1, 2014)

Talking Logistics

Reports 2014 Second-quarter Results. Here are some details from the press release: New Breed had revenue of approximately $597 million and adjusted EBITDA of approximately $77 million for the trailing 12 months ended June 30, 2014. . That said, not all 3PLs are created equal when it comes to IT. Con-way Inc.

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Is the Package Under your Tree?

Supply Chain Shaman

In 2014, ecommerce strategies grew in importance. Don’t assume that there is a standard definition, and just because a 3PL signed a contract to deliver it, don’t expect that you are working on the same definition. Problems continue, but 2014 was the year of experimentation. Details matter. Execution is essential.

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Metrics and Issues to Consider in SQM (Supplier Quality Management) By 5 Big Industries

GlobalTranz

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site. Medical Devices.

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Supplier Quality Management: What it is, 5 Key Metrics to Know & a 4 Step Supplier Evaluation Process

GlobalTranz

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). Cost of quality. The definition of this metric is similar to the way it sounds.

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16 Cost Reduction Strategies in Inventory Management

Unleashed

Set reorder points for your most frequently purchased items As your business grows, it can be difficult to keep track of the right time and stock level at which to reorder more products. Setting reorder points for the most frequently purchased items can help significantly improve inventory efficiencies and save costs.