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Freight Procurement is a Different Game

Logistics Viewpoints

Procuring transportation for freight is much different than any other procurement category. The freight market is mercurial. One master of freight procurement is Kyle Masters. Mr. Master’s experience at Simmons Foods illustrates many of the distinct characteristics and challenges related to freight procurement.

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Supply Chain KPIs & Metrics: Our Top 24 for Manufacturers

Silvon Software

In fact, such KPIs are so crucial right now that the supply chain analytics market is expected to reach nearly $17 billion by 2027 as companies ramp up their supply chain performance management initiatives. Supply chain metrics provide the intelligence needed to make better projections and more informed choices in such a market.

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Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

Resist the temptation to place deeper analytics on top of existing data models. Out of desperation, they turned to the use of descriptive analytics. Advanced planning evolved with a focus on modeling manufacturing constraints. Watermelon Metrics Don’t Drive The Right Results. Start small and test and learn.

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Supply Chain Normalcy? Think Again.

Supply Chain Shaman

As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack. The average brand owner outsources 28-35% of manufacturing, but most coordinate using only spreadsheets and email.

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Metrics that Matter: Customer Service

QAD

Inventory accuracy and minimizing stockouts are very important to customer satisfaction, but a few other metrics also impact the ability to meet customer expectations. Unreimbursed Freight. A high level of unreimbursed freight shows that the team is taking extraordinary measures to satisfy customers. Unreimbursed Freight.

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How Do You Turn Supply Chain Data Into Actionable Information?

Logility

You’re committed to rolling out an analytics platform across your supply chain and you have tons of data. There are many ways to view data, but those that are particularly useful in supply chain analytics are reporting, score carding, dashboarding and benchmarking. Take freight rates, for example. Advanced Analytics.

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Peak Freight Preparedness: Creating New Value Through Performance Management

Intelligent Audit

To maintain efficiency, supply chain leaders need to understand a few things about how peak freight preparedness always goes back to leveraging shipping data and creating new value through performance management. Pfizer is planning to continue reviewing data for several more weeks prior to beginning mass manufacturing.