This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
We’ve discussed the basics of OTIF and the fundamentals of OTIF before, but we thought we’d drill down deeper into the individual metrics. First, we’ll start by reviewing the basic goals of OTIF, and then we’ll dive into each metric and the compliance issues of each metric. Prepaid Late Delivery. OTIF Compliance Issues: In Full.
Besides providing fast, thorough answers to customers, today’s ERP, cloud-based SaaS, or 3PL-operated systems enable companies to manage the order lifecycle, control information and cargo flows, and reduce the total cost of goods. performance metrics to influence vendor behavior and impact sourcing choices. Sourcing uses P.O.
Reverse Logistics Strategy 3: Make it Profitable It makes sense to run reverse logistics as a profit centre with corresponding KPI and metrics. Several large 3PL now leverage their resources to offer tailored reverse logistics services. Retailers have often been faster than manufacturers to move to the requisite technology.
A warehouse management system (WMS) is a software application that helps manage the operations of a warehouse or distribution center (DC). When you work with the right 3PL partner and implement a WMS that fits your needs, the opportunities for improvement and growth are endless.
General warehouse industry statistics Warehousing costs & revenue statistics Warehouse efficiency statistics Labor statistics in the warehousing industry Automation adoption in the warehousing industry Warehouse performance metrics Warehouse automation stats: General warehouse industry statistics 1. According to data from the U.S.
Until recently, the supply chains for CPG companies used to end with their distribution centers (DCs) serving Walmart DCs. The demand from a Walmart DC or another retailer’s DC was lumpy by definition. What OTIF means for you. Store demand in general was a theoretical concept, sometimes heard about and seldom utilized. .
Until recently, the supply chains for CPG companies used to end with their distribution centers (DCs) serving Walmart DCs. The demand from a Walmart DC or another retailer’s DC was lumpy by definition. What OTIF means for you. Store demand in general was a theoretical concept, sometimes heard about and seldom utilized. .
3PL 3rd Party Logistics – A company that provides outsourced logistics services. 4PL 4th Party Logistics – A step beyond 3PL, 4PL providers manage the entire supply chain for a client. DCs play a crucial role in supply chain management, often serving as hubs for inventory control and order fulfillment.
SCN: Why has omni-channel caused a sea-change for retail DC labor? Ten years or longer ago when ecommerce was relatively new and companies didn’t have much experience with it, they tended to operate dedicated ecommerce distribution centers or outsource fulfillment for this channel to a 3PL.
After the Ford Motor Company switched to a global material manufacturing system, it gave its suppliers access to the system for real-time information on stocks and shipping, with coordination by a 3PL of deliveries to achieve full truckloads of parts. Embedded 3PL Relationships. Alternatively, innovative thinking can help.
After the Ford Motor Company switched to a global material manufacturing system, it gave its suppliers access to the system for real-time information on stocks and shipping, with coordination by a 3PL of deliveries to achieve full truckloads of parts. Embedded 3PL Relationships. Alternatively, innovative thinking can help.
It makes sense to run reverse logistics as a profit centre with corresponding KPI and metrics. Several large 3PL now leverage their resources to offer tailored reverse logistics services. Retailers have often been faster than manufacturers to move to the requisite technology. Reverse Logistics Strategy 3: Make it Profitable.
Balanced Scorecard: A system of performance measurement using a structured combination of metrics. D Days of Inventory: A metric revealing the average time a company holds its inventory (in days) before selling it. It is calculated by dividing the total inventory by the average daily cost of goods sold. See also Stock.
For example, one 3PL doubled its pick rates and improved picking accuracy to 99.9% Picking also directly impacts the throughput metric, hence improving the productivity and speed of the picking process, which directly improves the throughput of the distribution center. Ensure that your WMS and ERP are properly synced.
It’s not unusual for example, for companies to measure their supply chain performance only on the basis of financial metrics like supply chain cost per order. Warehouse Management Even if you have a well laid-out warehouse, DC optimisation doesn’t stop there. Don’t fall into that trap.
It’s not unusual for example, for companies to measure their supply chain performance only on the basis of financial metrics like supply chain cost per order. Even if you have a well laid-out warehouse, DC optimisation doesn’t stop there. Don’t fall into that trap. Warehouse Management.
The explosive growth of e-commerce, frequent seasonal promotions, and meeting service-level agreements are creating more peak periods than ever in the DC. Whether you’re an e-tailer operating your own ecommerce distribution facility or a 3PL, the new strategic imperative is adding robotics and automation.
The explosive growth of e-commerce, frequent seasonal promotions, and meeting service-level agreements are creating more peak periods than ever in the DC. Whether you’re an e-tailer operating your own ecommerce distribution facility or a 3PL, the new strategic imperative is adding robotics and automation.
The explosive growth of e-commerce, frequent seasonal promotions, and meeting service-level agreements are creating more peak periods than ever in the DC. Whether you’re an e-tailer operating your own ecommerce distribution facility or a 3PL, the new strategic imperative is adding robotics and automation.
The explosive growth of e-commerce, frequent seasonal promotions, and meeting service-level agreements are creating more peak periods than ever in the DC. Whether you’re an e-tailer operating your own ecommerce distribution facility or a 3PL, the new strategic imperative is adding robotics and automation.
So if you operate a warehouse, if you rely on 3PL to operate your warehouse, we are a networked marketplace of, essentially, 3PL services. And, again, with the power of the marketplace in scale, you start to get comparative metrics. DC Velocity, which is a supply chain logistics magazine. Can you measure that stuff?
Julie Leonard Marketing Director, Inovity Posted on: Jun, 27 2016 Using the right tool for the right job has always been a best practice and one of the reasons, we feel, that RFID has never taken off in the DC as exponentially as pundits have been forecasting since 2006.
Julie Leonard Marketing Director, Inovity Posted on: Jun, 27 2016 Using the right tool for the right job has always been a best practice and one of the reasons, we feel, that RFID has never taken off in the DC as exponentially as pundits have been forecasting since 2006.
Julie Leonard Marketing Director, Inovity Posted on: Jun, 27 2016 Using the right tool for the right job has always been a best practice and one of the reasons, we feel, that RFID has never taken off in the DC as exponentially as pundits have been forecasting since 2006.
Julie Leonard Marketing Director, Inovity Posted on: Jun, 27 2016 Using the right tool for the right job has always been a best practice and one of the reasons, we feel, that RFID has never taken off in the DC as exponentially as pundits have been forecasting since 2006.
Julie Leonard Marketing Director, Inovity Posted on: Jun, 27 2016 Using the right tool for the right job has always been a best practice and one of the reasons, we feel, that RFID has never taken off in the DC as exponentially as pundits have been forecasting since 2006.
Julie Leonard Marketing Director, Inovity Posted on: Jun, 27 2016 Using the right tool for the right job has always been a best practice and one of the reasons, we feel, that RFID has never taken off in the DC as exponentially as pundits have been forecasting since 2006.
Julie Leonard Marketing Director, Inovity Posted on: Jun, 27 2016 Using the right tool for the right job has always been a best practice and one of the reasons, we feel, that RFID has never taken off in the DC as exponentially as pundits have been forecasting since 2006.
Julie Leonard Marketing Director, Inovity Posted on: Jun, 27 2016 Using the right tool for the right job has always been a best practice and one of the reasons, we feel, that RFID has never taken off in the DC as exponentially as pundits have been forecasting since 2006.
Julie Leonard Marketing Director, Inovity Posted on: Jun, 27 2016 Using the right tool for the right job has always been a best practice and one of the reasons, we feel, that RFID has never taken off in the DC as exponentially as pundits have been forecasting since 2006.
Julie Leonard Marketing Director, Inovity Posted on: Jun, 27 2016 Using the right tool for the right job has always been a best practice and one of the reasons, we feel, that RFID has never taken off in the DC as exponentially as pundits have been forecasting since 2006.
Julie Leonard Marketing Director, Inovity Posted on: Jun, 27 2016 Using the right tool for the right job has always been a best practice and one of the reasons, we feel, that RFID has never taken off in the DC as exponentially as pundits have been forecasting since 2006.
Julie Leonard Marketing Director, Inovity Posted on: Jun, 27 2016 Using the right tool for the right job has always been a best practice and one of the reasons, we feel, that RFID has never taken off in the DC as exponentially as pundits have been forecasting since 2006.
Julie Leonard Marketing Director, Inovity Posted on: Jun, 27 2016 Using the right tool for the right job has always been a best practice and one of the reasons, we feel, that RFID has never taken off in the DC as exponentially as pundits have been forecasting since 2006.
Julie Leonard Marketing Director, Inovity Posted on: Jun, 27 2016 Using the right tool for the right job has always been a best practice and one of the reasons, we feel, that RFID has never taken off in the DC as exponentially as pundits have been forecasting since 2006.
Julie Leonard Marketing Director, Inovity Posted on: Jun, 27 2016 Using the right tool for the right job has always been a best practice and one of the reasons, we feel, that RFID has never taken off in the DC as exponentially as pundits have been forecasting since 2006.
News that 3PL giant DHL will buy more than 1000 robots from Boston Dynamics, according to a strategic Memorandum of Understanding (MOU) signed between the two firms. I've worked in a DC with more than 400,000 line items and measured the Productivity of Pickers by how many "picks" per day.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content