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

GlobalTranz

This is the first post in an ongoing series on effective KPI management from third party logistics consultant, Chuck Intrieri, of The Lean Supply Chain. . How does an SLA work with Key Performance Indicators (KPIs)? The more KPIs, the more difficult the negotiation process. All KPIS have metrics to measure.

KPI 120
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Walmart again Raises Chargeback Stakes

Enterra Insights

After all, shave off $20 here for a short lot, $5 there for a cracked pallet and $10 over here for a mangled shipping label, and before long, it can run into real money. Whether you KPI them on Turnover or Profit Margin, having them buy into OTIF is crucial to managing the customers’ expectations.” LinkedIn, 8 December 2014. [5]

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Employing this S.M.A.R.T. Technique with a Logistics Company to Create Total Stakeholder Satisfaction

GlobalTranz

In our first post in the series, we set the mindset of the shipper by going over the 9 key topics to understand about effective KPI management and followed that post with the 7 strategic performance business practices to track and 4 KPI problems to solve. . At times, an audit of the percentage behind KPIs will be necessary.

Six Sigma 120
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Value-adding Features of a Great Freight Rating System Within a TMS

GlobalTranz

The fundamentals of a Freight Rating System match a user’s shipping and freight characteristics and a carrier’s service and price options. Only 35 percent of shippers use TMS to manage operations, according to the Logistics Management’s 2014 Technology Usage Study. The Basic Functionality of a Freight Rating System.

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How to Calculate Inventory Turnover

Unleashed

It does not, however, take into account certain indirect expenses such as utilities, shipping fees and marketing. A Retailing Industry Perspective ”, published in 2014. This KPI is available to both BI Foundation and BI Vision users. Then, subtract the final value of your inventory at the end of the period.