The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

It serves as the compass guiding shippers toward efficient, economical, and dependable cargo transport. By crafting a well-defined strategy, businesses can mitigate transportation costs, mitigate supply chain disruptions, and uphold customer satisfaction. At the heart of it all, an effective procurement strategy remains paramount.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

Logistics Bureau

OCTOBER 20, 2021

The components of the perfect order KPI are as follows: On-time delivery: A calculation of the percentage of sales orders that arrive on time. In full delivery: This KPI tracks the percentage of sales orders that are delivered completely, meaning that the customer receives the correct items, in the right quantities.

Supply Chain Design Software 80

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

Logistics Bureau

MARCH 23, 2021

Watch this video: Related videos and articles on this topic have appeared throughout our websites, check them out: Robobyrne: How to Benchmark Your Supply Chain. Supply Chain Secrets: One Of The Best KPI Ever. Logistics Bureau Group: 3 Benefits of Transportation Fleet Benchmarking in Logistics Companies.

Benchmarking 87

Benchmarking Supply Chain Software Supply Chain KPI 87

Supply Chain Game Changer

JULY 21, 2021

Product Management KPIs! Supply Chain KPIs article and permission to publish here provided by Harkirat Ahluwalia. KPI’s are not solely limited to supply chain, but are used in various different fields to measure how well a company is meeting its objectives. Subscribe Here! Email Address. Get Our EBOOK HERE.

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

Logistics Bureau

NOVEMBER 15, 2021

As I’ve mentioned in other KPI articles that I’ve written, we come across a surprising number of businesses that struggle to choose and use KPIs effectively in our consulting work. So now and then, I like to publish an article to help demystify the topic. What Can KPIs Do for My Warehouse Operations?

Warehousing 52

Warehousing KPI Inventory Reduction Expense Reduction 52

6 River Systems

OCTOBER 12, 2020

According to the 30th Annual State of Logistics Report by the Council of Supply Chain Management Professionals (CSCMP), companies spent $1.64 trillion on logistics and transportation services in the United States in 2018, an increase of 11.4% billion, while transportation costs increased by 10.4%

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Material Savings Inventory Reduction 98

DELMIA Quintiq

MAY 14, 2018

This is done through KPI (key performance indicators) tracking, advanced mapping as well as data integration & propagation. As a starting point, let’s take a sustainability dilemma that commonly presents itself in retail logistics. Quintiq’s logistics solution captures these differences in its CO2 emission calculations.

Sustainability 136

Sustainability Resource Reduction Vendor Strategies Retail 136

Talking Logistics

JUNE 19, 2015

It’s the last Friday of school and my kids are showing off their work this morning, so as I fill my coffee mug and get ready for the walk to school, let’s go straight to the supply chain and logistics news that caught my attention this week: Amazon’s Next Delivery Drone: You (WSJ – sub. The $50 Billion Question: Can Uber Deliver?

Logistics Network Optimization Software 100

Logistics Network Optimization Software Panama Supply Chain Planning Software Logistics 100

SCMDOJO

MARCH 19, 2024

This article describes a streamlined supply chain department, ultimately leading to increased productivity and profitability. These functions include procurement, production planning, inventory management, logistics, and customer service. Logistics Logistics involves managing the transportation and delivery of goods.

Optimal Sourcing 77

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 77

Silvon Software

MARCH 3, 2023

logistics firms). If customers purchase five different items in the same order, should you transport all five goods on schedule to obtain a 100% OTD delivery? Following are just a few examples of how measuring on-time delivery can be difficult: Volume of ordered goods. Quantity of goods in the order.

S&OP 115

S&OP Procurement Analytics Supply and Demand Analytics Software 115

The Logistics of Logistics

FEBRUARY 19, 2013

The best LTL KPI for measuring billing accuracy is simply the percentage of accurate bills. Regardless of who does the freight bill auditing, shippers should measure billing accuracy with the LTL KPI described in this article. LTL KPI – Calculating Billing Accuracy. Insights from Billing Accuracy KPI.

KPI 100

KPI Third Party Logistics Price Reduction Cost Reduction Strategies 100

Logistics Bureau

JULY 18, 2022

As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy.

Inventory Reduction 88

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction Strategies 88

The Logistics of Logistics

JANUARY 24, 2013

If you move freight for a living, you know the importance of logistics key process indicators (KPIs). A KPI is an indicator (a metric) that you have chosen, and agreed with your partners and or customers, that will determine whether you are meeting your critical success factors. Selecting the Right Logistics KPIs.

Logistics Network Optimization Software 175

Logistics Network Optimization Software KPI Logistics Metrics 175

Logistics Bureau

JANUARY 3, 2018

It’s that time when idle chatter at the office Christmas lunch turns to debating what next year will bring, especially among logistics and supply chain professionals, for whom it seems every New Year brings new challenges, trends, and disruptive innovations. 2018 Trend #3: Enterprise Mobility Penetration into the Supply Chain.

Supply Chain Design Software 64

Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 64

Logistics Bureau

JULY 18, 2018

This article was first published in the July / August 2018 issue of MHD Supply Chain Solutions. It would be tempting to think of reverse logistics as forward logistics done backwards. Reverse logistic isn’t simply a reverse gear. Reverse logistics is therefore worth doing, and worth doing properly.

Reverse Logistics 40

Reverse Logistics Logistics Network Optimization Software Logistics Vendor Strategies 40

Unleashed

APRIL 9, 2024

This article explains what it is, how to measure and improve it, and how to improve your OTIF rate. OTIF is an important KPI because it directly impacts customer satisfaction and trust in supply chain partnerships. This cuts down on operational costs and lessens the environmental impact associated with transportation.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Waste Reduction Cost Reduction Strategies 52

Talking Logistics

JULY 22, 2014

There are articles everywhere about big data and the latest mega-trends. At each stage in the process, from the ordering of raw materials all the way through to the delivery of a finished good, you need to identify the events in each stage and then map them to Key Performance Indicators (KPI) or dashboards.

Supply Chain Design Software 172

Supply Chain Design Software Supply Chain Planning Software Supply Chain Visibility Real-time Visibility 172

Cathy Roberson

APRIL 6, 2022

Keep the conversation going and if I left out your comment, my apologies - Add your thoughts in the comment section at the end of the article. Many talk #supplychain #visibility as to transportation, which is really #TrackaAndTrace. I’ve tried to group the responses into topic buckets. Plus #warehouse.

Real-time Visibility 52

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Forecasting Software 52

ShipBob

SEPTEMBER 24, 2021

Warehousing requires keeping a close eye on performance by monitoring KPIs related to receiving, inventory management, and fulfillment. . By failing to monitor key KPIs, it will be hard to optimize your warehouse and make improvements accordingly. . In this article, learn how to track warehouse performance by monitoring the right KPIs.

Optimal Sourcing 52

Optimal Sourcing Warehousing Inventory Reduction Inventory Management Software 52

Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. 2: Take Care in Identifying the KPIs to Use. What is Freight Benchmarking?

Benchmarking 68

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 68

Kanban Logistics

FEBRUARY 27, 2020

While you can build and staff your own warehouse and perform these services yourself, more and more companies see the value in handing warehousing operations off to a third-party logistics (3PL) provider. In this article, we’ll examine all that 3PL warehousing entails, while helping you find a 3PL partner that’s right for your business.

Warehousing 52

Warehousing 3PL Negotiating Skills Logistics Network Optimization Software 52

Supply Chain Opz

JUNE 1, 2014

In order to accelerate the learning, this article has gathered 20+ most sought-after supply chain case studies, analyzed/categorized them by industry and the findings are presented. Managing transportation at this scale is the absolute challenge. Aerospace Industry is characterized by high material costs (about 65-80%).

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

Turvo

FEBRUARY 17, 2021

And it can help them retain competitive advantage through collaborative logistics during all trying times in these five ways. The demand and need for visibility along transportation lines continue to grow. By utilizing real-time freight analytics , transportation managers can better embrace automation processes.

Real-time Visibility 56

Real-time Visibility Prescriptive Analytics Software Predictive Analytics Analytics Software 56

Logistics Bureau

JUNE 12, 2017

But it’s certainly possible. ( If you want to hear how it’s done, just comment below and I’ll write an article on the topic). Most companies outsource some aspect of their Logistics. It’s a question of matching the right level of KPIs, to the management level in the organisation. What you hope to gain.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Design Supply Chain Strategy Supply Chain Planning Software 40

Requis

JANUARY 9, 2020

In most of the supply chain trends articles you’ll read this month, there’s a lot of excitement about technologies like AI, IoT, blockchain, and in some sectors, BIM (building information modelling). In a future article, we’ll share a sample roadmap so that enterprises can make the Decade of Supply Chain work for them. Digital twins.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 52

Logistics Bureau

MAY 24, 2019

The company also increased its use of third-party logistics providers and effectively created a network that could be optimized tactically at any given point in time. Deere & Company also began consolidating shipments and using break-bulk terminals during the seasonal peak.

Cost Reduction Strategies 54

Cost Reduction Strategies Inventory Reduction Expense Reduction Price Reduction 54

SCMDOJO

APRIL 4, 2023

In this article, we’ll delve into the benefits and challenges of this powerful tool, and discuss the architecture that’s necessary to successfully integrate it into your business. This involves examining and enhancing processes like sourcing, manufacturing, logistics, inventory management, and delivery.

Prescriptive Analytics Software 111

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 111

Logistics Bureau

OCTOBER 31, 2016

You might expect that an article section on supply chain strategy would contain some pretty complicated concepts and ideas. Inventory management begins with sourcing and cuts across purchasing and logistics functions. Road Transport/Distribution. Does Your Company Have These 12 Supply Chain Basics Under Control? “What?

Supply Chain Design Software 40

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

The Logistics of Logistics

JUNE 7, 2019

Non-asset based 3PLs use the assets from other logistics companies. Asset light 3PLs own physical assets and also partner with other logistics companies similar to non-asset based companies. Look for a 3PL that beats the logistics industry average. Transportation Management System (TMS). TMS capabilities vary greatly.

3PL 100

3PL Negotiating Skills Optimal Sourcing Purchasing Training 100

KEPLER Consulting

NOVEMBER 24, 2017

Sticking to logistics origins, we could stand our ground on initial Supply Chain Management definition (a system reaching all processes, flows and resources needed to deliver the right product/service at the right place, in the right timing, with the right quality, quantity and cost). Pooling of logistics resources used. accordingly.

Supply Chain Design Software 40

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

Supply Chain Game Changer

NOVEMBER 16, 2022

This article will examine the top benefits and most typical challenges with procurement automation. It helps establish a KPI framework on cost, quality, and on-time performance of the suppliers. Reality of Automation in Procurement article and permission to publish here provided by Stefan Gergely. Unparalleled Collaboration.

Optimal Sourcing 19

Optimal Sourcing Procurement Analytics Manufacturing Procurement Supply Chain Software 19

Logistics Bureau

NOVEMBER 27, 2016

The measurements however, are just a means to an end , with the KPI-driven conversations being considered more important than the actual metrics. Like everything else in the McDonalds approach to supply chain management, KPIs are in place to provide insight and support alignment , not to lord it over suppliers.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Design Software Gartner 40

The Logistics of Logistics

JUNE 20, 2014

Non-asset based 3PLs use the assets from other logistics companies. Asset light 3PLs own physical assets and also partner with other logistics companies similar to non-asset based companies. Look for a 3PL that beats the logistics industry average. 4, Transportation Management System (TMS). TMS capabilities vary greatly.

3PL 113

3PL Negotiating Skills Optimal Sourcing Purchasing Training 113

The Logistics of Logistics

JUNE 20, 2014

Non-asset based 3PLs use the assets from other logistics companies. Asset light 3PLs own physical assets and also partner with other logistics companies similar to non-asset based companies. Look for a 3PL that beats the logistics industry average. 4, Transportation Management System (TMS). TMS capabilities vary greatly.

3PL 100

3PL Negotiating Skills Optimal Sourcing Purchasing Training 100

Logistics Bureau

MARCH 4, 2018

If you count your business among that majority, you’re probably well familiar with that sense of frustration that creeps in whenever you see a horizontal line across your supply chain KPI graphs. I touched on the topic of performance measurement a little earlier in this article, when mentioning benchmarking and KPIs.

Supply Chain Strategy 45

Supply Chain Strategy Resource Reduction Supply Chain Design Cost Reduction Strategies 45

Logistics Bureau

OCTOBER 19, 2020

So as a prelude to external benchmarking, why not take a look across your company’s warehouses, transport operations, and procurement functions, benchmark internal performance, and make use of the underutilised innovations driving performance leaders inside your business. Ready to SCOR with External Benchmarking?

Benchmarking 52

Benchmarking Agile and Lean Supply Chain Supply Chain Planning Supply Chain Strategy 52

Logistics Bureau

JULY 16, 2017

When you negotiate freight contracts though, there’s a lot more to consider (and haggle over) than the price per unit/tonne/pallet that you wish to transport. It makes sense then, to begin with a thorough assessment and evaluation of your freight transport needs. It’s not enough just to agree defined KPIs though.

Negotiating Skills 40

Negotiating Skills Pricing Training Purchasing Training Freight 40