The Logistics of Logistics

OCTOBER 8, 2012

When you have chosen a 3PL partner, insure that you have an effective Service Level Agreement (SLA) with accompanying Key Performance Indicators (KPIs) to manage the Service Level of the 3PL. This SLA/KPI has to be negotiated and agreed upon by you and your 3PL partner.This negotiation time can take three (3) to Six (6) months.

Third Party Logistics 145

Third Party Logistics Negotiating Skills Purchasing Skills KPI 145

GlobalTranz

OCTOBER 29, 2015

We conclude our ongoing series in talking about effective KPI management by giving you a real live Logistics KPIs management case study from Whirlpool's engagement with a logistics service level provider. We started the series first by " 9 Key Topics to Understand to Frame A Shipper’s Mind for Effective KPI Management with a 3PL."

Case Study 120

Case Study KPI Logistics Network Optimization Software Supply Chain Design Software 120

DELMIA Quintiq

DECEMBER 21, 2014

For those of us in the 3PL industry, there is nothing more fulfilling than managing a successful business relationship. When a company decides to outsource its logistical needs to a 3PL, the success or failure of the venture will be determined by how well the two companies work together. Business on the Move: 3PL in a box.

Resource Reduction 189

Resource Reduction Negotiating Skills 3PL Third Party Logistics 189

The Logistics of Logistics

APRIL 6, 2013

In my opinion, a service level agreement should be used in any customer-3PL engagement. It states that certain KPIs in this QBR are to be negotiated/reviewed monthly. Sometimes, the Logistics provider has their own SLA/KPI that they want to use with any customer, but negotiation is still in order. How do you write an SLA/KPI?

Logistics Network Optimization Software 100

Logistics Network Optimization Software Negotiating Skills KPI Purchasing Skills 100

Supply Chain Game Changer

APRIL 24, 2019

What is a 3PL? The key to establishing healthy 3PL relationships starts with quality of the information that is provided at the time the request for a proposal (RFP) is submitted. If you ask any 3PL service provider you will find that the lack of quality information provided in RFPs is one of their greatest frustrations.

3PL 74

3PL Negotiating Skills Forecasting Logistics Network Optimization Software 74

SCMDOJO

OCTOBER 7, 2022

Cost KPIs enable managers, directors, and senior leaders to understand companies’ spending. Cost KPIs have some significant indicators like – Inventory Costs, Labor Costs, order processing costs, 3PL supplier spend costs and many more, which contribute to the smooth functioning of a logistics operation.

Optimal Sourcing 137

Optimal Sourcing Logistics Network Optimization Software Logistics Supply Chain Design Software 137

GlobalTranz

OCTOBER 27, 2015

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

Six Sigma Logistics Network Optimization Software Company KPI 120

Kanban Logistics

FEBRUARY 27, 2020

While you can build and staff your own warehouse and perform these services yourself, more and more companies see the value in handing warehousing operations off to a third-party logistics (3PL) provider. In this article, we’ll examine all that 3PL warehousing entails, while helping you find a 3PL partner that’s right for your business.

Warehousing 52

Warehousing 3PL Negotiating Skills Logistics Network Optimization Software 52

Kanban Logistics

OCTOBER 31, 2023

If you’re outgrowing your current warehousing partner or are ready to make the leap from DIY to a more robust operation, 3PL outsourcing may be the answer. In this article, we’ll tell you a little about what a 3PL warehousing operation looks like and give you 5 benefits that an outsourced 3PL relationship can have for your business.

Warehousing 52

Warehousing 3PL Supply and Demand Logistics Network Optimization Software 52

BlueYonder

MARCH 28, 2023

The following are the insights gained from the recently held ProMat 2023 event and my discussion with Ann Marie Jonkman , who leads Blue Yonder’s 3PL Industry Strategy. 3PL companies and untraditional companies will partner together to offer creative solutions to meet the changing demands from end customers.

Logistics Network Optimization Software 97

Logistics Network Optimization Software Supply Chain Software Supply Chain Planning Software Logistics 97

Logistics Bureau

DECEMBER 6, 2024

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.

Reverse Logistics 74

Reverse Logistics Logistics Network Optimization Software Vendor Strategies Cost Reduction Strategies 74

ShipBob

JANUARY 28, 2022

To increase inventory accuracy, you have two alternative options: outsource this work to a 3PL like ShipBob or use an integrated ERP solution like Cogsy to keep real-time tabs on your inventory records. Alternatively, you can outsource this to a 3PL like ShipBob (this will also increase security for your unsold inventory). .

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

GlobalTranz

APRIL 25, 2016

Customer Service Levels : When it comes to how a shipper defines the value of a logistics provider or 3PL to the bottom line, there are often several Key Performance Indicators (KPIs) and Logistics Metrics taken into consideration. Read more. . Read more. .

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

GlobalTranz

MARCH 23, 2016

To start you must have the KPI's visual along the value stream. In order to be daily, the KPIs need to get down to ownership by the workers within the value stream. If heat is known to vary causing defects when special causes arise then you should see an effect on the overall quality (the next level KPI). Intrieri Consulting.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

The Logistics of Logistics

JANUARY 24, 2013

If you move freight for a living, you know the importance of logistics key process indicators (KPIs). A KPI is an indicator (a metric) that you have chosen, and agreed with your partners and or customers, that will determine whether you are meeting your critical success factors. Check out another great KPI definition at About.com.

Logistics Network Optimization Software 230

Logistics Network Optimization Software KPI Logistics Third Party Logistics 230

Zipline Logistics

FEBRUARY 16, 2021

According to a report from Gartner about 3PL relationships, “Customer attitudes toward their third-party logistics outsource providers are changing for the better, however, that pace of change needs to accelerate.” ” It continues, “Some companies must address their inherent mistrust of 3PLs. .”

Logistics Network Optimization Software 90

Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction Third Party Logistics 90

ShipBob

APRIL 13, 2021

What are ecommerce KPIs? Sales KPIs. Marketing KPIs. Customer service KPIs. Shipping & logistics KPIs. Ecommerce KPI examples. How ShipBob helps retailers track and achieve ecommerce KPIs. What are ecommerce KPIs? Ecommerce KPI examples. Table of Contents.

Procurement Analytics 95

Procurement Analytics Logistics Network Optimization Software Analytics Software Optimization Software 95

Material Handling & Logistics

DECEMBER 14, 2018

Supply chain operations have a strong history of being numbers-driven and embracing KPI metrics and analytical approaches to improving performance which is exemplified by, for example, the Supply Chain Operations Reference model (SCOR). They must deliver tangible value and communicate it consistently to business decision makers.

Optimal Sourcing 111

Optimal Sourcing Supply Chain Software Sourcing Strategies Pharmaceutical 111

The Logistics of Logistics

FEBRUARY 16, 2013

The best LTL KPI for measuring cost performance is cost per pound. The less than truckload (LTL) cost per pound KPI is easy to calculate (see below). Logistics Key Process Indicators (KPIs). LTL KPI – Cost per Pound Calculation. LTL KPI – Cost per Pound Calculation. Example: $507.34 divided by 1440 lbs.

KPI 112

KPI Cost Reduction Strategies Third Party Logistics Metrics 112

Intelligent Audit

JANUARY 28, 2021

Freight broker and 3PL reports —Maintaining a logistics KPIs scorecard is critical for brokers and 3PLs that need feedback and accounting tools. Optimizal Carrier Usage – Mode selection is another tricky KPI. Maximize Profitability With Logistics KPIs Scorecards , Expert Insight, and Analytic Support.

Logistics Network Optimization Software 59

Logistics Network Optimization Software Logistics KPI Optimization Software 59

Talking Logistics

JUNE 19, 2015

Moving on to technology news, Cloud Logistics announced new enhancements to its transportation management system (TMS), including: Advanced third party logistics (3PL) capabilities to support complex hierarchical relationships and shipping rules. but I also believe that someone will ultimately “crack the nut” and transform the industry.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Panama Supply Chain Planning Software Logistics 100

The Logistics of Logistics

FEBRUARY 18, 2013

The best LTL KPI for measuring damaged shipments is simply the percentage of damage free shipments delivered. To minimize freight damage, begin measuring it with the damage free shipments KPI. LTL KPI – Damage Free Shipments. Insights from Damage Free Shipment KPI. Does your company use the KPI described above?

KPI 100

KPI Freight Third Party Logistics Metrics 100

The Logistics of Logistics

FEBRUARY 19, 2013

The best LTL KPI for measuring billing accuracy is simply the percentage of accurate bills. Regardless of who does the freight bill auditing, shippers should measure billing accuracy with the LTL KPI described in this article. LTL KPI – Calculating Billing Accuracy. Insights from Billing Accuracy KPI.

KPI 100

KPI Third Party Logistics Price Reduction Cost Reduction Strategies 100

The Logistics of Logistics

FEBRUARY 17, 2013

The best LTL KPI for measuring on time performance is simply the percentage of on time shipments. LTL KPI – On Time Performance Calculation. To calculate the on time performance KPI, simply divide the number of on time shipments by the total number of shipments. Insights from On Time Performance KPI.

KPI 100

KPI Third Party Logistics Metrics 3PL 100

synchrono

JUNE 19, 2017

Individual Plants can visualize real-time end-to-end production flow and the status of safety, compliance, and key performance indicators (KPI) at any level in the facility. 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 85

Real-time Visibility Supply Chain Software Manufacturing Procurement Agile and Lean Supply Chain 85

Intelligent Audit

JANUARY 7, 2021

Logistics optimization embraces data analytics with advanced key performance indicators (KPIs) and metrics. Make the Most of KPI Monitoring and Tracking. While managers use KPIs to monitor and track the progress of a company’s business goals, they are not necessarily fool-proof. Remember that data can be overwhelming.

Analytics Software 64

Analytics Software Optimization Software Network Optimization Supply Chain Optimization 64

The Logistics of Logistics

DECEMBER 2, 2012

Most Popular Posts Transportation 3PL best shippers continuous improvement good shippers habits of best shippers highly effective shippers KPI Logistics LTL screwed up shipments shipping process shipping technology The 7 Habits of Highly Effective Shippers'

Logistics Network Optimization Software 274

Logistics Network Optimization Software Pricing Training Continuous Improvement Purchasing Skills 274

Logistics Bureau

OCTOBER 6, 2024

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. KPI Key Performance Indicator – Measurable values that demonstrate how effectively a company is achieving key business objectives.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 75

The Logistics of Logistics

OCTOBER 31, 2012

When you approach a 3PL for pricing, realize that the first prices you receive will be based on your volume estimates for the year. The 3PL pricing will be based on the estimates you give the 3PL and will probably change when the 3PL sees your actual shipments.

Negotiating Skills 100

Negotiating Skills 3PL KPI Forecasting 100

BlueYonder

OCTOBER 13, 2022

Knowing your customers will give you greater confidence that you’re focusing on the right KPIs, which inform optimum volumes of products for your B2C operations. Automating the implications of cost factors, in real time, will ensure that success spans all functions of your business, including your new D2C arm.

Sourcing Strategies 98

Sourcing Strategies Modeling Software Supply Chain Planning Software Supply Chain Design Software 98

Intelligent Audit

FEBRUARY 2, 2021

One way to improve logistics insights is to learn how to navigate the e-commerce world of automation, 3PL partnerships, and freight management. KPI Creation Tips Increasing Logistics Performance Management. Transportation Data and Actionable Insights Enable Real-Time Resilience and Increased Throughput.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Planning Software Analytics Software Data 52

The Logistics of Logistics

JUNE 20, 2014

Recently, a shipping manager asked me what selection criteria he should use when selecting a 3PL. As a sales guy for a 3PL I am always anxious to impress shipping managers, so I created the following 9 things to consider when selecting a 3PL. Understand the 3PL Business Models – Asset based, Non-asset based, Asset light.

3PL 113

3PL Negotiating Skills Optimal Sourcing Purchasing Training 113

ShipBob

FEBRUARY 25, 2022

OTIF or On-Time In-Full is a KPI used for measuring how many orders were delivered on time and in full. This metric is mainly used as a delivery KPI, although it can also be applied throughout the supply chain. When it’s time to track OTIF as a KPI. What is OTIF? Founder of My Calm Blanket. Request Fulfillment Pricing.

Optimal Sourcing 52

Optimal Sourcing Real-time Visibility Procurement Analytics Supply Chain Planning Software 52

Zipline Logistics

JUNE 15, 2021

According to a report from Gartner about 3PL relationships, “Customer attitudes toward their third-party logistics outsource providers are changing for the better; however, that pace of change needs to accelerate.”. It continues, “Some companies must address their inherent mistrust of 3PLs.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Logistics Network Optimization Software Optimal Sourcing 52

Alloy

APRIL 29, 2021

Even the highest levels of the organization recognize its importance: 60% of C-level executives consider OTIF a top three KPI. . To determine if a unit was On Time or not, you have a couple options: Compare the actual arrival date for a shipment, as provided by the retailer or your 3PL, to the MABD on the PO for the units in that shipment.

Alloy 52

Alloy Forecasting Metrics Just-in-Time 52

The Logistics of Logistics

FEBRUARY 22, 2013

The LTL carrier scorecard with key process indicators (KPI) is an excellent tool for measuring and managing LTL performance and LTL carrier performance. A key process indicator (KPI) is a metric that you have chosen that will give an indication of your performance and can be used as a driver for improvement. On time performance, 2.)

Cost Reduction Strategies 122

Cost Reduction Strategies KPI Price Reduction Expense Reduction 122

ShipBob

SEPTEMBER 24, 2021

As we started to hit that first inflection point of growth, it became apparent we needed to look for a 3PL that could help us expand geographically in the US and also drive down shipping costs and expenses. That’s why many brands turn to a 3PL like ShipBob to help with inventory management.

Optimal Sourcing 52

Optimal Sourcing Warehousing Inventory Reduction Inventory Management Software 52