Analysis Cargo Inventory Metrics 
Logistics Viewpoints
SEPTEMBER 19, 2023
Management practices such as lean manufacturing and just-in-time inventory management, along with globalization, have made tremendous impact on cost and service, but have accentuated risk. Metrics such as lead-times, forecast accuracy, inventory levels, and service are used to measure operational risks.
ToolsGroup
APRIL 1, 2022
Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. Within a week of Russian troops crossing into Ukraine, the benchmark for thermal coal prices reached a record high of $446 per metric ton.
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The Logistics & Supply Chain Management Society
OCTOBER 15, 2023
It serves as the compass guiding shippers toward efficient, economical, and dependable cargo transport. Establishing a robust performance monitoring system with key performance indicators (KPIs) and metrics is crucial. At the heart of it all, an effective procurement strategy remains paramount.
SCMDOJO
APRIL 9, 2024
In the world of logistics, this means enhanced operational efficiency for inventory management, route optimization, safety and security of goods, and resource allocation. AI-powered systems will enable precise predictions, route optimization, inventory management, tracking, and communication.
GlobalTranz
SEPTEMBER 23, 2021
Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.? Delays and congestion worsen each year, inventory strains continually affect capacity, and customer needs remain ever-changing. transportation metrics ?that today’s freight market, OTR freight services?enable?continued
Supply Chain Game Changer
MARCH 26, 2021
Companies should consider doing a repair and replace analysis. It can also assist in determining specific metrics that affect the business. More often than not, the software can also be used for managing spare parts inventory, mechanic training purposes, and most importantly, creating and managing routine maintenance schedules.
Enterra Insights
MARCH 28, 2019
They explain, “If a company scores an impressive 99 percent in all four categories measured by the standard Perfect Order Metric (POM) — complete, on time, damage-free, proper documentation with correct invoicing — the result would be a POM score of just 96 percent. Most models stop short at minimizing costs. Where are the drivers?
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