Top 10 Metrics to Track and Manage Risk in the Supply Chain – Part 2

Cerasis

This is part two of the Top 10 Metrics to Track and Manage Risk in the Supply Chain article. The post Top 10 Metrics to Track and Manage Risk in the Supply Chain – Part 2 appeared first on Transportation Management Company | Cerasis. Check out part one here. Disruption is nothing new to supply chain professionals. Weather-related events occur, and public health scares always seem present. Then, the COVID-19 crisis changed the game.

Top Logistics Articles of 2015

Cerasis

We continue our top articles from each of our main 5 categories today by covering the top 10 logistics articles that were the most viewed in 2015. We write to five main categories on the Cerasis blog: Manufacturing, Supply Chain, Logistics, Transportation Management, and Freight. Each of these five include several sub categories for more specific articles, such as the TMS category under Transportation Management. Top Logistics Articles of 2015.

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Top Supply Chain Articles of 2015

Cerasis

As we head into 2016, we are featuring our most read articles of 2015 in our five main categories: Manufacturing, Supply Chain, Logistics, Transportation Management, and Freight. Yesterday we published the top 10 most read manufacturing articles of 2015. . The new year will then bring series on trends and on the state of some of the business functions and technology used in proper transportation and logistics management. Top 10 Supply Chain Articles from 2015.

Most Read Manufacturing Articles of 2015

Cerasis

It is that time of year again where we feature the most viewed articles on the Cerasis blog in each of the six main categories we write about: Manufacturing, Supply Chain, Logistics, Transportation Management, and Freight. . As we are nearly just a week from Christmas, the marketing department likes to take a look back at some of the articles written by Cerasis and contributing authors to see which specific subjects sparked the most interest. Read the full article. .

6 Benefits of Effective a Reverse Logistics System & The 9 Core RevLog Metrics to Track

Cerasis

BONUS: Download the Ultimate Guide to Transportation Reverse Logistics White Paper. Conventional logistics service providers had very few alternatives for reversing the channel; however, as the technology has progressed, companies using a robust, proficient reverse logistics system have benefited from: Reduced administrative, transportation and aftermarket support costs. Importance of Metrics in Reverse Logistics Management.

50 Most Read Articles of All Time in Manufacturing, Supply Chain, Logistics, Transportation, & Freight

Cerasis

Since today is the last day of the year before we all get ramped up towards a productive 2016 and after finishing out top 10 most read articles in each of our five main categories ( Manufacturing , Supply Chain , Logistics , Transportation , & Freight ) we wanted to give you all a treat and list the top 50 most read articles of all time from the Cerasis blog. 50 Most Read Articles of All Time From the Cerasis Blog. Happy New Year!

The Transportation Management System Barbell

Talking Logistics

One of my supply chain and logistics predictions for this year was that the transportation management system (TMS) market will become more barbell-shaped ( mirroring what is happening in the third-party logistics industry ). “We’re 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.

Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

At Supply Chain Insights , as we combed through over 9000 quantitative responses on supply chain management from business leaders to understand what drives supply chain excellence in preparation for the Supply Chain Insights Global Summit , in the process, we proved Hau Lee’s theorem in the Famous Harvard Business Review Article, “Triple A Supply Chains.” Reward teams for cross-functional metrics. Focus functional metrics to improving reliability.

The Most Popular 16 Transportation Blog Posts from 2014

Cerasis

We trudge on with our top posts from our main blog categories by page view for all of 2014 from the Cerasis blog by featuring another area Cerasis is an expert in: Transportation. In fact, transportation management is our specialty as we’ve been providing our shipper customers with a web-based transportation management system and managed transportation services since 1998. Top 16 Most Popular Transportation Blog Posts of 2014.

Reimagine Supply Chain of the Future – agile, resilient, and balanced – LogiSYM July 2020

The Logistics & Supply Chain Management Society

To create flexible and balanced supply chain organisation, it is necessary to integrate strategy, processes, metrics, and technology enterprise wide and across customers, suppliers, and service providers. Let me end this article with a lovely quote from a visionary leader!!

Provoking the Industry to Move Past Incrementalism

Supply Chain Shaman

There are many forms of decision support—price optimization, revenue management, transportation planning, spend management, network design. An orbit chart is a plotting of data at the intersection of two metrics. In this case, the metrics are operating margin and inventory turns. I laughed when I read a recent article by the new CTO of JDA. Definitions: Provocateur.

5 Ways to Optimize Your Logistics & Transportation with Lean

Arkieva

Are you using lean in your logistics and transportation management? The transportation company’s culture and behavior should change to apply Lean thinking. Transportation takes time. The need to transport parts also drives inventory up, creates a need for space to store those parts, and uses energy for more forklift time and warehouse heating. The list of additional waste generated by transportation goes on and on. Understand Transportation Cost Structure.

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Logistics Key Process Indicators (KPIs)

The Logistics of Logistics

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. Key Process Indicators vs. Metrics. I sometimes use the terms KPI and metrics interchangeably, but they are not the same. A metric is any standard of measurement (number of carriers, inventory turns, average shipment weight, etc.). Only the most important metrics can grow up to become KPIs.

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Wanted: Supply Chain Architects!

Supply Chain Shaman

Warehouse Management and Transportation Management were in their infancy. It should not be functional, with a narrow focus on a singular function like manufacturing or transportation. For the purposes of this article, I define the processes of network design as the use of analytic tools to model and optimize the supply chain. Stage 2: All about Transportation. It is usually driven by the logistics and transportation functions.

Arriving Just in Time – Advanced Transportation Logistics Scheduling

Supply Chain Collaborator

The Value in Orchestrating a Scheduled Transportation Plan”. These three headlines from Transport Topics and Food Shippers of America magazine tell the story of one of the most important challenges facing shippers in North America leading into 2018. Freight transportation capacity, (particularly truckload capacity) is tight as it has ever been. The bellwether metric – spot rates – are pegging the meter. “Spot Market Freight Indices Continue Surge to Three-Year Highs”.

Supply Chain Leadership Driving Industry 4.0 & Resilience During Crisis – LogiSYM July 2020

The Logistics & Supply Chain Management Society

Dr. Nicolas Hubbard is Director of Programmes in the Faculty of Transport and Logistics at Muscat University. Article July 2020Whilst the COVID-19 pandemic spreads across the world, it is vital for organisations to ensure a reliable supply of products and services.

How to Get a Job in the Supply Chain Sector

Logistics Bureau

You are not alone, especially as in the time since we first penned this article, one huge and unforeseen event has raised awareness of the global importance of this vital sector—and shown it to be an attractive career choice. Review and streamline transport strategies.

6 Transportation Management Trends for 2016

Cerasis

2016 will be a defining year for the logistics industry , and transportation management practices must adapt to these changes. Some of these transportation management trends reflect real worries for the logistics industry. However, logistics providers and shippers are starting to understand how to best combat each of these problems through the application of transportation management technologies. Transportation Management Trends transportation management trends

Top 5 features to look for in a Transportation Management System (TMS)

Abivin

Selecting the correct software system for the business helps to attain process efficiency, gain visibility into the supply chain, and decrease general transport costs. One of such software is transportation management system (TMS) which is a subset of supply chain management regarding transportation operations (Mei & Eliot, 2017). TMS has become an indispensable tool in a growingly competitive and complex transportation landscape.

Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

The key difference between the two can perhaps be explained in the following example: A 3PL provider working with a paint manufacturer may package and store products as well as transport them to retailers and/or customers. Transport.

Cloud-Based TMS Helps Develop Sustainable Relationships in Transportation Logistics

Supply Chain Collaborator

The June issue of American Shipper magazine published an article by Cook on developing sustainable relationships which this blogger found to be compelling because most of the advice his piece provides can be realized via the use of good, cloud-based TMS software. Nothing makes transportation managers more unsettled than the unknown. In the end, all participating parties are able to make clear-eyed assessments about the value each brings to a transportation program.

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). Domestic transportation management systems have sometimes been extended to support global movements as well.

How to Benchmark Your Supply Chain

Logistics Bureau

The performance measurement pillar, which is the one used for benchmarking, is essentially a hierarchy of key performance indicators (KPIs), comprising more than 150 metrics organised into two levels. Articles Benchmarking benchmarking benchmarks external benchmark internal benchmark KPI SCO

6 Benefits of Applying Useable Data in Logistics For Continuous Improvement

Cerasis

We continue our series on strategic shipping by going into detail of the 10 main areas that shippers can turn to in order to have a strategic logistics and transportation management mindset. Today we will go into detail on using the available data created in the processing of shipments within transportation management and other related logistics management for continuous improvement. . Metrics and KPIs.

IBM Will Marry Its New Verifier to the Blockchain, Transforming Diamonds, Olive Oil and Insurance

Supply Chain Brain

Read full article. High-Tech/Electronics Food & Beverage Quality & Metrics All Logistics Global Logistics Transportation & DistributionCalled a crypto anchor verifier, the technology, which is part artificial-intelligence software, part insanely sophisticated, internally developed lens, can see the cells of animals and distinguish between them.

U.K. Just Now Asks Business to Map Supply Chain Ahead of Brexit

Supply Chain Brain

Read full article. Quality & Metrics Regulation and Compliance SC Analysis & Consulting All Logistics Global Logistics Transportation & Distribution All TechnologyOne of the people expressed bafflement that it’s taken so long for the government to ask for the data.

In Congo Outbreak, Ebola Vaccine Faces Cold-Chain Reality Tests

Supply Chain Brain

Read full article. Global Supply Chain Management Humanitarian Logistics Quality & Metrics Supply Chain Security & Risk Mgmt. SC Analysis & Consulting Pharma/Bio-Tech Healthcare All Logistics Global Logistics Transportation & DistributionBecause it is not yet licensed, the Merck & Co vaccine has been offered to Congo under a “compassionate use” protocol agreed by national and international health and ethics authorities.

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Why Samsung Might Turn to Blockchain for Its Global Supply Chain

Supply Chain Brain

Read full article. Business Strategy Alignment Global Supply Chain Management Global Trade & Economics Quality & Metrics Supply Chain Security & Risk Mgmt. SC Analysis & Consulting High-Tech/Electronics All Logistics Transportation & Distribution Global Logistics

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Supply Chain Leaders Rearranging Deck Chairs? Yes, I Think So.

Supply Chain Shaman

The supply chain is complex non-linear system that is easily thrown out of balance through a focus on functional metrics. They rock back and forth in improving singular metrics but struggle to improve a portfolio of growth, margin, inventory performance, and asset utilization.

The Best LTL KPI for Measuring Billing Accuracy

The Logistics of Logistics

Regardless of who does the freight bill auditing, shippers should measure billing accuracy with the LTL KPI described in this article. White Paper: The Essential Guide to LTL Shipping Improvement: Action Plan and Metrics for Rapid Transformation. The best LTL KPI for measuring billing accuracy is simply the percentage of accurate bills. Incorrect freight bills drive the accountants crazy and drive the costs up.

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The Case for Less Silos, More Intelligence in Supply Chain Management

Talking Logistics

Logistics, Manufacturing, Procurement, Sales and Marketing — these functional groups, for the most part, continue to operate independently from each other, each driven by their own objectives and metrics. For example, I remember speaking with the Director of Transportation Services at a large CPG manufacturer a few years ago. Break down your supply chain functional silos. This advice is not new.

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SCRC Meeting – Tom Linton’s “Supply Chain Eight” and Golden Winged Warblers : Questions Every New CSCO Should Ask Their CEO

NC State SCRC

Co-location of supply chains will reduce disruptions, complications with transportations, government regulations, etc. My first Monday in, I asked for a full report of all our supply chain metrics, and my analyst told me he could get it to me by Friday. At Flex, Tom had a scope that included the entire end to end supply chain: procurement, transportation, warehouse management, as well as customer order fulfillment, customer service, procure to pay, and trade relationships.

The Better Goal: More Fuel Efficient Trucks or Using Fewer Trucks?

Talking Logistics

Environmental Protection Agency (EPA) and the Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) jointly proposed standards for medium- and heavy-duty vehicles that would improve fuel efficiency and cut carbon emissions. According to the press release : The proposed standards are expected to lower CO2 emissions by approximately 1 billion metric tons, cut fuel costs by about $170 billion, and reduce oil consumption by up to 1.8 Last Friday, the U.S.

This Week in Logistics News (January 7-11, 2019)

Talking Logistics

Hunt Transport acquires home delivery firm for $100M (CCJ) Key By Amazon adds garage and business delivery, new locks and Ring compatibility (TechCrunch) Walmart taps Udelv for latest driverless car tests to deliver groceries (CNBC) Autonomous trucking startup TuSimple is taking 3 to 5 commercial trips a day (TechCrunch) Why Your Ice Cream Will Ride in a Self-Driving Car Before You Do (WSJ – sub. Here are some excerpts from the article: XPO Logistics Inc.

Changing Your Perspective to Measure Supply Chain Performance

Logistics Bureau

To paraphrase a saying, the road to supply chain hell is paved with good intentions and bad metrics. From this understanding, supply chain metrics will then ideally be: A few essential measurements that cover all the strategic aspects of the supply chain. On surveying its corporate customers, however, the company discovered that product standardisation and reliability were often more important to its business clientele, and adjusted its offering and its metrics appropriately.