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KPI Key Performance Indicators in Supply Chain & Logistics

Logistics Bureau

Many people get really confused about KPIs or Key Performance Indicators in Logistics and Supply Chain operations. Cost as a percentage of sales (Logistics or Supply Chain). Purchasing and supplier management. Cost of goods sold. Total logistics cost. Which ones to use?… … How many to use?

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What Is LIFO and How Can It Be Used?

ShipBob

Imagine this scenario: Jordan operates an online furniture company that holds luxury furniture inventory in a large warehouse. Recently, Jordan purchased 20 sofas at $1500 each and six months later, another 20 of the same sofa at $1700. . When Jordan opened the business, he decided that LIFO made the most sense.

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5 Reasons Why You Need a TMS to Build a Resilient Supply Chain

TMC

TMS technology—arguably one of the most important logistics management tools available to companies—can make a major contribution toward creating and enabling a responsive, adaptable, and intelligent global supply chain. PANEL: • Jordan Kass, President, Managed Services. Challenges solved by a TMS. Benefits of Managed TMS.

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5 Reasons Why You Need a TMS to Build a Resilient Supply Chain

CH Robinson Transportfolio

TMS technology—arguably one of the most important logistics management tools available to companies—can make a major contribution toward creating and enabling a responsive, adaptable, and intelligent global supply chain. PANEL: • Jordan Kass, President, Managed Services. Challenges solved by a TMS. Benefits of Managed TMS.

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Spire and Gravity Supply Chain solutions helping restore flow of goods

Gravity Supply Chain

Developing end-to-end supply chain management software, Gravity optimizes operations, mitigates risk, and controls costs. In 1956, manually loading a ship cost $5.86 per ton; the standardized container cut that cost to just 16 cents a ton … The U.S. billion metric tons as of 2017. One joint solution.

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Walmart Supply Chain: What Makes It (Still) So Successful 

ShipBob

Walmart’s success can be attributed to having their own supply chain to streamline fulfillment and cut down on costs. It also provides them with more control over their logistics network. Walmart establishes strategic partnerships with these vendors, guaranteeing them consistent business through long-term, high-volume purchases.

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Average Order Value: 5 Tips to Increase it [+ AOV Formula]

ShipBob

Your brand’s average order value (AOV) isn’t a vanity metric. Better yet, simple changes in your business model can have a substantial impact on your AOV. You can offer volume discounts, add-ons such as complementary products, have a minimum purchase rule, and more. Decide which brand you are, and alter pricing accordingly.