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7 Essential Attributes of Strategic Supplier Partnerships!

Supply Chain Game Changer

In a previous article about supplier management , I suggested that the more a supplier tells you that they are strategic, the less they really are. Whether the phrase refers to sourcing, procurement, relationships, or other matters, its use is prevalent. This article will identify a taxonomy for a strategic partnership between two parties. The baseline metrics for performance of a partner are the same operational parameters used for other suppliers. Subscribe Here!

6 Trends to Make Supply Chain Managers the Heroes of Their Company!

Supply Chain Game Changer

Supply Chain heroes article originally published by, and permission to publish here provided by, Adam Robinson on [link]. . Supply chain managers refocus their efforts to increase adherence to perfect order metrics and leverage marketing capabilities and capacities to their fullest potential. Logistics #Freight #SCM #SupplyChain #Business #Leadership #HumanResources. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

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IMO 2020 is Here. Are You Ready?

Supply Chain Game Changer

IMO article and permission to publish here provided by Jenish Sheth. Under this regime, the primary responsible party in the freight market will be the vessel owner or operator. million metric tons annually. New fuel will likely cost more than current bunker fuels and fuel surcharges will likely be added by carriers & its expected to increase freight rates by at least 15% to 30% in 2020. will also need to update freight tariffs accordingly. Subscribe Here!

The Transportation Management System Barbell

Talking Logistics

In late February, LeanLogistics introduced LeanGlobal , a new TMS module that facilitates ocean freight transportation (see my comments at the time), and last week the company announced LeanFleet , a tool designed to streamline fleet planning and execution. Users have the ability to provide rich lane metrics to carriers as well as their standing in the current bid process.

Lean Transportation: Are you Using Lean Thinking for Transportation Management? If not, Why?

Cerasis

Metrics and Key Performance Indicators (KPIs) measure how well the shipper-transportation provider does in daily continuous improvement. Create daily route designs, complete real time track and trace, generate real-time metrics , and complete daily problem solving. Hopefully, this article has given you some key concepts to remember as you focus on how to make transportation a strategic differentiator for your firm.

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Omnichannel Retail Requires Close Collaboration with Logistics Providers

Enterra Insights

Lack of Inventory Visibility and Metrics. Legacy staffers assert, “Both major enterprises and startups alike generally have relatively poor visibility into inventory in transit, which has led to an increasing demand for real-time freight visibility solutions.” ” Deborah Abrams Kaplan ( @KaplanInk ) asserts, “Retailers looking to improve margins could begin by looking at one metric — shipment to orders.

Like A Green Lump of Clay….

Supply Chain Shaman

Alternate Bill of Materials and Alternate Sourcing: The more alternatives that exist through the manufacturing and procurement processes, the easier it is to design the supply chain to absorb cost and supplier variability. Q: What will be the role of the freight companies in the supply chain agility? Freight companies and alternate modes are key elements of agile networks. Q: What is the best metric to begin analyzing when starting to evaluate Supply Chain agility?

How to Select a 3PL with Joe Lynch and Adam Robinson

The Logistics of Logistics

Pros: If the 3PL is good at procurement, they can build a large network of partners / carriers. The most important measure is the Paydex metric. 3PLs that specialize in other services like air freight, sea freight, warehousing, etc. Bigger 3PLs will typically have a carrier procurement group and thousands of partner relationships. Metrics / Key Performance Indicators (KPI). The best 3PLs use objective metrics / KPIs to measure performance.

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4 Common Supply Chain Cost Blowouts

Logistics Bureau

While this article is not going to focus on lean practices, the importance of keeping waste and process inefficiencies to a minimum can never be stressed enough when it comes to controlling expenditure and preventing cost blowouts in the supply chain. Implement performance metrics and monitor a selection of key performance indicator. Naturally, there is the direct cost of procuring and holding the inventory. Freight Costs. Over-charging by freight carriers.

Global Logistics and the Transportation Management Center: The Next Phase in Network Agility

Supply Chain Nation

In my previous article on the evolution of transportation management, Driving Value from a Transportation Management Center: Think Global, Act Local , I discussed how transportation best practices were evolving from more rigid, centralized control towers to more flexible and collaborative Transportation Management Centers (TMC).

Selecting a 3PL – 9 Things Every Shipper Should Know

The Logistics of Logistics

Pros: If the 3PL is good at procurement, they can build a large network of partners / carriers. The most important measure is the Paydex metric. 3PLs that specialize in other services like air freight, sea freight, warehousing, etc. Bigger 3PLs will typically have a carrier procurement group and thousands of partner relationships. Metrics / Key Performance Indicators (KPI). The best 3PLs use objective metrics / KPIs to measure performance.

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Selecting a 3PL – 9 Things Every Shipper Should Know

The Logistics of Logistics

Pros: If the 3PL is good at procurement, they can build a large network of partners / carriers. The most important measure is the Paydex metric. 3PLs that specialize in other services like air freight, sea freight, warehousing, etc. Bigger 3PLs will typically have a carrier procurement group and thousands of partner relationships. Metrics / Key Performance Indicators (KPI). The best 3PLs use objective metrics / KPIs to measure performance.

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Sorry, I’m Not Sure: Supply Chain and Logistics Predictions for 2018

Talking Logistics

Mexico and Canada are heading into 2018 with no clear plan for saving the North American Free Trade Agreement,” states a Bloomberg article published on December 15. All of the headlines right now are about how retailers and parcel carriers are struggling to keep up with the record amount of online orders and deliveries for the holidays (see WSJ article UPS, Overwhelmed by Online Orders, Warns of Delivery Delays and Reuters article Surging online orders slow Wal-Mart delivery network ).