Freight Plus

MARCH 20, 2020

Come up with a set of internal metrics that will go towards eliminating problem areas. Ultimately, a truly cross-functional team with hands in IT, finance, logistics, distribution, transportation, merchandising, etc should be involved. 4, Select the right Carriers: The number one reason for chargebacks are late/early deliveries.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Inventory Management Software 52

GlobalTranz

OCTOBER 21, 2015

It can take months to negotiate a complex SLA/KPI document, as you go back and forth with your logistics provider so the document becomes a “win-win” for both parties. All KPIS have metrics to measure. The more KPIs, the more difficult the negotiation process. Effective KPI Management Requires Periodic SLA/KPI Review.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Talking Logistics

JULY 19, 2013

On the technology front, LLamasoft announced the release of Data Services, “a new offering that provides reference and benchmark data to LLamasoft customers and others in the supply chain design community…[this data] enables significant reduction in model building time and validates model outputs against realistic standards.”

Logistics Network Optimization Software 132

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 132

Freight Plus

NOVEMBER 28, 2018

Come up with a set of internal metrics that will go towards eliminating problem areas. Ultimately, a truly cross-functional team with hands in IT, finance, logistics, distribution, transportation, merchandising, etc should be involved. . : In order to avoid chargebacks, you first need to identify them by auditing your invoices.

Vendor Strategies 40

Vendor Strategies Inventory Reduction Cost Reduction Strategies Inventory Management Software 40

Zipline Logistics

FEBRUARY 9, 2021

Logistics data refers to the metrics used to track, measure, and benchmark parts of your supply chain’s performance. Recently, Walmart upped its OTIF threshold to 98% for brands delivering to their distribution centers. What is Logistics Data? Some standard logistics data points include: Total Loads Moved.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Performance Supply Chain Planning Software Cost Reduction Strategies 52

GlobalTranz

JUNE 11, 2015

The first post in this series broke down what is supplier quality management and the steps to evaluate suppliers and the second post gave you insight into the metrics to look out for by 6 major industries. Unlike domestic suppliers, they will respond to quality benchmarks by throwing labor-end-state inspection and rework-at the problem.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Quality Examples 120

SCMDOJO

DECEMBER 11, 2023

By assessing supplier performance metrics, such as on-time delivery, quality, and responsiveness, companies can identify high-performing partners and address issues with underperforming ones. This document fosters transparency, accountability, and streamlined processes within the procurement function.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

Arkieva

AUGUST 8, 2016

Changes have also been made throughout the document to clarify and emphasize the collaboration between the responsible agencies and other regional planning efforts, including funding.”. SupplyChainDigest benchmark study of about 100 companies reveals an increase in US company inventories since the recession. Read Full Press Release.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Supply Chain Planning Software California 60

EMERGE App

OCTOBER 4, 2018

Horror 3: Disappearing Metrics. Aside from generating financial reports, what other metrics are you using to benchmark your inventory management efficiency? Remember to use metrics such as the order fill rate to judge just how well you are managing your orders and thus stock levels. How is your business really doing?

Inventory Management Software 76

Inventory Management Software Inventory Management Inventory Reduction Inventory 76

Talking Logistics

APRIL 20, 2016

What you find instead are functional groups — such as Manufacturing, Distribution, Sales and Marketing, and Procurement — operating in silos, like a boat full of rowers each doing their own thing. How do you successfully align goals, metrics, and resources across functional groups? Which metrics are the right ones?

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy Supply Chain Design 100

Zipline Logistics

JUNE 30, 2020

Typically, it accounts for the planning of demand, production, distribution, and transportation. Benchmark — In logistics, benchmarks refer to KPI thresholds set by an organization to measure supply chain performance. The metric is used to establish pricing for a transported order. Used in rail and maritime transport.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Strategy 52

Supply Chain Network

DECEMBER 14, 2013

Speaker(s): Rob Bass, Vice President, Distribution, Best Buy Co., Alexis DePree, Senior Director, Distribution Planning, Target Corporation. Learn how these retailers determine key metrics for the stores and for the Executive team, and how they measure and improve efficiency in order to better serve their customers.

Logistics Network Optimization Software 115

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Retail 115

EMERGE App

DECEMBER 31, 2018

Here’s our checklist of what your wholesale or distribution business should do in 2019. Are you still using paper-and-pencil records or spreadsheets to run your wholesale and distribution business? You need to be able to juggle multiple currencies and generate documents in different languages. Benchmark Your Business.

Inventory Management Software 60

Inventory Management Software Purchasing Skills Forecasting Software Manufacturing Procurement 60

Logistics Bureau

OCTOBER 31, 2016

If so, prepare to be surprised, because it doesn’t get any more basic than this: Your company must have a documented and commonly understood supply chain strategy. It’s not unusual for example, for companies to measure their supply chain performance only on the basis of financial metrics like supply chain cost per order.

Supply Chain Design Software 40

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

6 River Systems

JUNE 29, 2020

One is time to recover (TTR), the time it would take for a particular node in the supply chain — a supplier facility, a distribution center, or a transportation hub — to be restored to full functionality after a disruption. Apply a supply chain stress test. “Our methodology has two central elements. ” — Michael Varney and Wil G.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

6 River Systems

DECEMBER 5, 2019

The more orders that are picked, the more orders can be shipped, and that means more orders can be invoiced, hence picking directly increases the revenue for the distribution center. ” – Warehouse and Distribution Center Best Practices , Michigan State University; Twitter: @michiganstateu 10. ’ reports OSHA.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Resource Reduction 52

6 River Systems

JUNE 25, 2019

“A warehouse management solution can help you to track the right things, such as metrics, directly linked to profitability and efficiency. Once you identify all the opportunities to take steps and time out of the process, document your optimized process to create a uniform SOP that can be implemented across all operations.”

Sourcing Strategies 56

Sourcing Strategies Optimal Sourcing Warehousing Supply Chain Design Software 56

GlobalTranz

MAY 23, 2016

Although an audit may not have already caught issues, constant complaints along specific delivery routes or areas can isolate the source of the problems, triggering a review for the affected truckers, distribution centers or manufacturers. Essentially, how well customer feedback is handled helps shippers recognize when an audit may be needed.

Freight 136

Freight Shipping Cost Reduction Strategies Inventory Reduction 136

Jaggaer

MAY 19, 2020

They are committed to maximi z ing value through procurement by increasingly seeking collaborative opportunities on contracts with other local authorities, to share knowledge and benchmark performance – an overarching strategic aim of Scottish Government. But no two contracts are the same, and we were restricted by the KPIs available.

Supplier Management 52

Supplier Management Negotiating Skills Optimal Sourcing Optimization Software 52

EMERGE App

MAY 10, 2020

As an owner of a wholesale or distribution business, you’re doing everything possible to maintain your razor thin margins but — surprise, surprise — you’re bound to make mistakes along the way. You should be storing documents in the cloud for easy access and effortless sharing from one place.

Purchasing Skills 83

Purchasing Skills Sourcing Strategies Inventory Management Software Inventory Reduction 83

EMERGE App

MAY 10, 2020

As an owner of a wholesale or distribution business, you’re doing everything possible to maintain your razor thin margins but — surprise, surprise — you’re bound to make mistakes along the way. You should be storing documents in the cloud for easy access and effortless sharing from one place.

Purchasing Skills 52

Purchasing Skills Sourcing Strategies Material Savings Price Reduction 52

RFgen

JANUARY 18, 2024

Remote access fosters a flexible and mobile workforce—especially beneficial in today’s increasingly distributed work environments. Business Process Analysis Map Current Processes: Document and analyze current business processes across various departments. Resource Allocation : Distributing resources for project success.

Supply Chain Planning Software 72

Supply Chain Planning Software Procurement Solutions Optimization Software Modeling Software 72