Remove 3PL Remove Procurement Analytics Remove Six Sigma
article thumbnail

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. Collaboration.

KPI 120
article thumbnail

Managing a Third Party Logistics Partnership

The Logistics of Logistics

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

GlobalTranz

Let's talk about the outputs, or desired metrics worth measuring, in each category of what a logistics company might provide. Implementing and sustaining LEAN initiatives : 5S, Kaizen, Kanban and LEAN Six Sigma to bring value to the customer and go beyond their expectations. Consider Six Sigma quality will be used and measured.

Six Sigma 120
article thumbnail

9 Steps to Establish the Lean Supply Chain: A System of Interconnected & Interdependent Partners

GlobalTranz

There should be metrics involved to monitor these objectives to ensure success across the supply chain. These metrics should be reviewed frequently to ensure supply chain success. Reduction in “Total Cost” of the entire supply chain. The New Role of the 3PL. These objectives are accomplished as follows: 1.

article thumbnail

How to Sustain a Lean Culture in Manufacturing & Supply Chain

GlobalTranz

The focus is to eliminate all wastes in the organization, improve processes, solve root cause problems, create a pull environment, and ensure that Lean Six Sigma (LSS) works for quality and daily problem solving using DMAIC (Define, Measure, Analyze, Improve, and Control) and PDCA (Plan, Do, Check, and Act). Why are we doing this?

article thumbnail

Warehouse Cost Savings: 5 Key Areas of Focus and 13 Practical Objectives

GlobalTranz

An effective measurement and reporting process can improve performance and provide warehouse cost savings. One 3PL-managed distribution center for a major U.S. manufacturer adopted a work measurement program to gauge and report warehouse performance at the employee level. Implement a reward system for major victories.

article thumbnail

Warehouse Cost Reductions: 3 Understandings Driven By Inventory Management & Lean Principles

GlobalTranz

Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well. These are based on my 40 years working in operations at Schwinn and other companies as well as consulting many companies on how to select the best 3PL for my client's needs. A Focus on Inventory Control Begets Warehouse Cost Reductions.