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How to Procure Full Truckloads in Tight Capacity

GlobalTranz

The use of full truckload shipping is rising in popularity, resulting from its lower cost as compared to less-than-truckload (LTL) shipping. Fortunately, a solution exists. Benchmarking progress and use of all transportation modes. Conducting annual procurement exercises. Download eBook.

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What is GMROI, and What Does it Mean for Your Retail Inventory?

ShipBob

Specifically, GMROI measures how much profit you generate from every dollar you invest in your inventory purchases. However, it’s also important to consider any industry-specific GMROI benchmarks to make sure that your business is keeping up with the competition. This metric doesn’t just account for the cost of buying inventory.

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How to Capture Full Divestiture Value with a 3PL

Talking Logistics

Today, shippers face increased regulations, unstable market conditions and capacity concerns that make it near impossible for a newly divested company to achieve all of its goals without the expertise and support of a third-party logistics (3PL) provider. Step 2: Leverage a Transitional Service Agreement Wisely.

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Inventory Turnover Ratio: Definition & Improvement + Calculator

Unleashed

Inventory turnover period The inventory turnover period is the time taken from when you purchase inventory until the time those goods are sold. It helps you to make better purchasing, manufacturing , pricing, and marketing decisions based on the data revealed. What is a good inventory turnover ratio?

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So You Want to Make the Perfect Logistics Model

Logility

When you break them down by lane, season, and method of purchase, thousands of data points might turn into five to ten data points for a given lane — or sometimes only one shipment. You can see three warehouses and almost every warehouse shipped to each destination city. How could this vast amount of real data go wrong?

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3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance

GlobalTranz

Inventory measurement is critical and it is money after all in that it took a capital expense to procure. It is the main measurement benchmark in measuring supply chain performance, isn’t it? The goal is to keep inventory levels at a minimum to meet customer needs. A pull system is better than a push system. Read more. .

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32 Ecommerce KPIs That Every Online Store Needs to Track for Growth

ShipBob

Shipping & logistics KPIs. It can be hard to achieve this if you don’t have specific goals in place for sales, marketing, customer service, shipping, and other parts of your business. KPIs are one of the most valuable tools you have for keeping your team focused, accountable, and aligned. Shipping fees. Sales KPIs.