The Logistics of Logistics

JUNE 23, 2022

Yes, all parties have metrics and KPIs that help them know when to switch carriers or where to throttle ordering, but that’s not acceptable to customers. As noted by DC Velocity , “ most freight forwarders, traders, and shippers expect more disruption in the 2022 third-quarter peak season than they felt last year.

Supply Chain Planning Software 237

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 237

Supply Chain Shaman

JULY 30, 2022

Here I want to address the question, “Why is the focus on the basics of supply chain a barrier to adopting new forms of analytics and supply chain processes? The capabilities in computing and new forms of analytics can now effectively product models based on channel data and show the impact of demand latency.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

SupplyPike

APRIL 10, 2020

Distribution centers are overrun and fairly chaotic right now trying to prioritize and fulfill orders, so be mindful of DC appointments and collect ready times to avoid OTIF or ORAD fines. You’ll need streamlined retail analytics, preferably using machine learning and artificial intelligence. Forecasting.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 98

Supply Chain Trend

DECEMBER 22, 2023

Additional benefits of good decision practices are reducing (non automated) decision time with 75%, reducing wasted analytics with 60% and improving employee engagement with 50%. Augmented analytics runs (automated) advanced analytics to provide unique insights or different possibilities to a planner/user.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Planning Scenario Planning Negotiating Skills 78

Lucas

JULY 3, 2018

WERC’s Annual DC Measures Survey is a great tool for benchmarking your distribution center and warehouse operations, but it’s also a valuable resource for identifying trends across the industry. This year’s survey showed the growing importance of labor-related metrics in assessing DC performance. Annual workforce turnover.

DC 11

DC Survey Supply Chain Planning Software Analytics Software 11

Alloy

SEPTEMBER 3, 2019

Units on Hand Units on Hand is the number of units of a product that are physically available at a given point along the supply chain, such as a store or retailer DC. Furthermore, it’s needed to calculate a number of key metrics that are leading performance indicators and watched closely by brands and retailers: Inventory turnover.

Forecasting 40

Forecasting Forecasting Software Alloy Retail 40

Logistics Bureau

OCTOBER 20, 2021

These key metrics become your organisation’s “multi-function display” and give you the primary data needed to monitor and manage “normal flight conditions.” ” Feel free to track lots more metrics in the background if you wish, but try to keep attention focused on the five or six “real KPIs.”

Supply Chain Design Software 80

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 80

SupplyPike

MARCH 23, 2020

Just one Walmart DC is one million square feet, so it can be tough making sure all products are where they need to be. An ice storm may cause delays in your shipping so that your product doesn’t reach the stores on time from the DC, or your buyer may decide to run a sale, or your new marketing campaign did much better than expected.

Forecasting Software 52

Forecasting Software Supply Chain Planning Software Forecasting Procurement Analytics 52

Zipline Logistics

MARCH 18, 2020

It currently just uses on-time metrics to grade suppliers and the store’s retail buyers can base purchasing decisions on a brand’s delivery performance. It is critical to leverage transportation analytics to get the most out of your operation. One large Sam’s Club distribution center (DC) is already using the new system.

Vendor Strategies 52

Vendor Strategies Procurement Analytics Buyer Training Supply Chain Planning Software 52

Talking Logistics

OCTOBER 29, 2013

performance metrics to influence vendor behavior and impact sourcing choices. As performance reporting metrics capture vendor performance, the company can substantiate penalties for noncompliance and poor performance, recognize or reward high performers, and incent positive results and consistent behavior. Sourcing uses P.O.

Pricing Training 145

Pricing Training Purchasing Skills Purchasing Training Negotiating Skills 145

Supply Chain Action Blog

AUGUST 26, 2018

Redesigned, retail supply chains, enabled with analytics and augmented reality, are not only meeting, but raising consumer expectations. Consider a few examples: Zara leverages advanced analytics, not only to sense trends, but also to optimize pricing and operations in their vertically integrated supply chain.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Planning 40

Supply Chain Action Blog

MARCH 21, 2019

Digitization – increased computing power, more analytical software, the availability of data – has made it possible in a week. For example, redesigned, retail supply chains, enabled with analytics and augmented reality ( AR ), are not only meeting, but raising consumer expectations. Detection of incidental challenges (e.g.

Supply Chain Network Software 40

Supply Chain Network Software Network Optimization Supply Chain Planning Software Analytics Software 40

Supply Chain Action Blog

AUGUST 26, 2018

Digitization – increased computing power, more analytical software, the availability of data – have made it possible in a week. Redesigned, retail supply chains, enabled with analytics and augmented reality, are not only meeting, but raising consumer expectations. And, then, there is the success of Walmart.com.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Planning 40

GlobalTranz

JUNE 14, 2017

The answer lies using these omnichannel supply chain metrics to carefully track and improve operations continuously. This is a simple key performance indicator (KPI), another name for metrics, to track. If vendors fall behind on this metric, you may need to re-evaluate your partnerships or expand your list of approved vendors.

Procurement Analytics 191

Procurement Analytics Omnichannel Metrics Supply Chain Design Software 191

6 River Systems

NOVEMBER 11, 2019

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.

Warehousing 91

Warehousing Supply Chain Software Supply Chain Planning Software Optimization Software 91

Supply Chain Action Blog

SEPTEMBER 7, 2018

Digitization – increased computing power, more analytical software, the availability of data – has made it possible in a week. For example, redesigned, retail supply chains, enabled with analytics and augmented reality ( AR ), are not only meeting, but raising consumer expectations. Detection of incidental challenges (e.g.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Network Software Analytics Software Supply Chain Software 40

Supply Chain Action Blog

SEPTEMBER 7, 2018

Digitization – increased computing power, more analytical software, the availability of data – has made it possible in a week. For example, redesigned, retail supply chains, enabled with analytics and augmented reality, are not only meeting, but raising consumer expectations. And, then, there is the success of Walmart.com.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Network Software Analytics Software Supply Chain Software 40

Intelligent Audit

SEPTEMBER 30, 2021

This is perhaps the easiest step to realize as analyzing data helps shippers identify and report on differences in cost by zone, SKU, DC, lane or other granularities. Apply analytics to make strategic decisions. Helps to hold carriers accountable with performance metrics and data-driven strategies.

Shipping 52

Shipping Expense Reduction Cost Reduction Strategies Resource Reduction 52

Intelligent Audit

MAY 2, 2022

Actionable analytics and insights are meaningful findings resulting from data collection, interpretation, and logistics intelligence. As highlighted by Transport Topics in a January 2022 article discussing freight shipping analytics, “ Data shows total truckload rates year-over-year are holding around 12% higher.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Analytics Software Predictive Analytics 52

Alloy

OCTOBER 3, 2023

An Introduction to Walmart Luminate Listen to the full episode of the Shelf Life Podcast on Walmart Luminate Walmart Luminate is the retailer’s new data, analytics and reporting tool for suppliers — and it represents a massive step forward in retailer-supplier collaboration. What you will learn in this article What is Walmart Luminate?

Procurement Analytics 52

Procurement Analytics Analytics Software Forecasting Software Predictive Analytics Software 52

Logility

APRIL 15, 2020

Creating a system to capture these metrics means they are available at any time – eliminating the need for the strenuous annual budget preparation exercise. DC Replenishment. S&OP is a process that involves generating both dollar and volumetric forecasts to drive visibility into every step of the business process. Prediction.

Forecasting 248

Forecasting Forecasting Software Predictive Analytics Software Demand Planning Software 248

Alloy

JANUARY 15, 2021

Sales growth, customer service and many other aspects matter too, but using data and analytics is one of the best and easiest ways to get the attention of today’s data-driven retailers. Know their metrics (and use them). Communicate using each retailer’s key metrics and “language.”

Retail 52

Retail Predictive Analytics Just-in-Time Metrics 52

ToolsGroup

MARCH 1, 2018

But omnichannel retail is causing retailers to revisit practices like this and explore a new approach that flips the sequence, using analytics to first determine what is likelier to sell, then deciding what to carry. It includes a case study presented by Thomas Snowden, VP of Supply Chain and Analytics at Express Oil Change.

Inventory Reduction 189

Inventory Reduction Retail Inventory Supply Chain Planning Software 189

Talking Logistics

DECEMBER 12, 2013

Add analytics to the process and improve your efficiency and customer satisfaction. Track your shipments, communicate with your carriers, confirm deliveries and continuously monitor important metrics. On, Analytics and Reporting ! To the DC, to the retailer! How do you manage carrier invoices? Now, Rate ! Now, Tender !

Optimal Sourcing 100

Optimal Sourcing Analytics Software Optimization Software Modeling Software 100

Supply Chain Action Blog

JULY 8, 2021

Amanda has been using some of the common metrics for forecast accuracy, including MAPE (mean absolute percentage error) and weighted MAPE, but the statistical forecast doesn’t seem to improve and the qualitative inputs from marketing and sales are hit or miss. What metrics should I use to measure forecast accuracy?

Forecasting 40

Forecasting Forecasting Software Optimal Sourcing Modeling 40

BlueYonder

MARCH 22, 2017

There are also the web analytics teams; e-commerce agencies, etc. The important element is to exhaustively identify metrics which need to be tracked by the testing teams and help in continuous learning process. This team can start off working with an external partner while building the knowledge base internally.

Supply Chain Planning Software 48

Supply Chain Planning Software Modeling Supply Chain Design Software Procurement Analytics 48

BlueYonder

MARCH 22, 2017

There are also the web analytics teams; e-commerce agencies, etc. The important element is to exhaustively identify metrics which need to be tracked by the testing teams and help in continuous learning process. This team can start off working with an external partner while building the knowledge base internally.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Modeling Procurement Analytics 40

Logistics Bureau

OCTOBER 31, 2016

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. Distribution network optimisation requires specialised resources and analytic skills , so it’s easy to see why it doesn’t always place high on management agendas.

Supply Chain Design Software 40

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Supply Chain Strategy 40

Supply Chain Shaman

JUNE 24, 2022

One of my stark realizations this year is that smaller companies are beating larger and often more established companies on growth metrics, inventory turns, operating margin, and Return on Invested Capital (ROIC). (In The metrics selection resulted from work with Arizona State University in 2013.) Look for the full report next week.).

Supply Chain Planning Software 366

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 366

6 River Systems

FEBRUARY 25, 2019

“Hire an experienced supply chain manager…” Technology, metrics and systems are crucial, but the importance of experienced leadership and a clarified expectation for operational excellence cannot be overstated. Great people and work cultures create and reinforce environments that decrease errors and inefficiency.

Optimal Sourcing 55

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Optimization Software 55

Enterra Insights

MAY 12, 2020

In Washington, DC, policy circles, much attention has been paid to areas with a direct impact on defense and national security, such as semiconductors and rare earths. Many firms already dedicate considerable resources to supply chain risk management and data analytics.” Monitor resiliency. Watch for events.

Supply Chain Design Software 100

Supply Chain Design Software Pharmaceutical Supply Chain Planning Software Supply Chain Design 100