Zipline Logistics

FEBRUARY 9, 2021

Logistics data has taken a front seat at forward-thinking CPG brands due to its ability to drive impactful and profitability-focused decisions in all facets of the supply chain. Its place in logistics decision making has become critical and can help your organization find the right route, carrier, and receiving location for retail orders.

Optimal Sourcing 52

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

The Logistics & Supply Chain Management Society

JULY 16, 2023

This results in incorrect actions and communication The service industry, like logistics service providers, distributors and retailers are not well prepared for halal issue and crisis management, endangering the effectiveness of halal risk mitigation measures by the brand owner.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

Silvon Software

JULY 22, 2022

High performers for this KPI tend to track and document separate components such as on-time delivery rate, complete shipment rate, undamaged shipment rate and correct documentation rate in order to identify root causes and mitigate future issues. 60% to 70% is considered a good benchmark of inventory levels.

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

GlobalTranz

OCTOBER 21, 2015

This is the first post in an ongoing series on effective KPI management from third party logistics consultant, Chuck Intrieri, of The Lean Supply Chain. . Many logistics service providers will provide their customers with an SLA. What is a Service Level Agreement (SLA)? How does an SLA work with Key Performance Indicators (KPIs)?

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Precoro

MAY 19, 2023

By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time. According to DCL Logistics , an ideal to strive for is 95% to 99% depending on the variety of items. Metrics on Supply Chain Logistics The movement of materials and goods is the essence of the supply chain.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Talking Logistics

MARCH 24, 2015

Only motivation is to save money on freight rates. RFP’s give you the opportunity to negotiate/award freight rates that will have a major impact on your budget for the year. Benchmark yourself against historical and current market indexes. Use only your data to determine benchmarks for your next RFP.

Expense Reduction 100

Expense Reduction Price Reduction Transportation Cost Reduction Strategies 100

Shipchain

NOVEMBER 29, 2018

According to Techspective.net , paperwork in international trade accounts for a fifth of ocean freight costs. Blockchain could streamline the management of paperwork and documentation which would lower freight spend for ocean carriers by up to 20%. And let’s face it, extra money is always a good thing.

Analytics Software 95

Analytics Software Supply Chain Software Optimization Software Supply Chain Optimization 95

Freight Plus

MARCH 20, 2020

While logistics, sales, and accounting all have a hand in invoicing at various stages, shippers that have a dedicated vendor chargeback owner perform best against their peers. Ultimately, a truly cross-functional team with hands in IT, finance, logistics, distribution, transportation, merchandising, etc should be involved. Spotify. ,

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Inventory Management Software 52

Freight Plus

MARCH 20, 2020

While logistics, sales, and accounting all have a hand in invoicing at various stages, shippers that have a dedicated vendor chargeback owner perform best against their peers. Ultimately, a truly cross-functional team with hands in IT, finance, logistics, distribution, transportation, merchandising, etc should be involved. Spotify. ,

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Inventory Management Software 52

The Logistics of Logistics

DECEMBER 19, 2020

Mitch Violett is a Principal Product Manager at Convoy focused on building products to increase the efficiency of delivering freight and improve the experience for everyone involved. Convoy is the nation’s most efficient digital freight network. Since documents must sometimes be scanned and emailed, there are delays and errors.

Shipping 130

Shipping Waste Reduction Negotiating Skills Montana 130

Supply Chain Network

OCTOBER 3, 2011

At the same time, the report indicates an average of 42 percent of total logistics expenditures being spent on outsourcing, the same as last year’s study. The 2012 Third-Party Logistics Study is based on over 2,250 responses from both shippers and logistics service. world such as the Middle East and Australia. Whilst some.

Third Party Logistics 99

Third Party Logistics Logistics Network Optimization Software Study Logistics 99

Talking Logistics

SEPTEMBER 25, 2013

While at the conference, I also had the opportunity to interview three of MercuryGate’s logistics service provider clients: Michael Bartz from ReTrans; Jeff McDermott , VP of Transportation Management at OHL ; and Phillipp Dismukes , TMS Technology Manager at Old Dominion. Note: MercuryGate is a Talking Logistics sponsor).

3PL 147

3PL Conference Logistics Network Optimization Software Supply Chain Planning Software 147

Talking Logistics

APRIL 24, 2017

Regardless of whether your freight is moving on your assets or someone else’s, strategic route planning can result in fewer miles driven and less emissions. To qualify for this designation, carriers are required to measure, benchmark and track what they are doing to increase efficiency and fuel economy and have documentation of their efforts.

Optimal Sourcing 116

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Optimization Software 116

Freight Plus

NOVEMBER 28, 2018

While logistics, sales, and accounting all have a hand in invoicing at various stages, shippers that have a dedicated vendor chargeback owner perform best against their peers. Ultimately, a truly cross-functional team with hands in IT, finance, logistics, distribution, transportation, merchandising, etc should be involved. Technology.

Vendor Strategies 40

Vendor Strategies Inventory Reduction Cost Reduction Strategies Inventory Management Software 40

Freight Plus

FEBRUARY 5, 2019

2019 is going to perform above benchmark,” said Donald Ratajczak as reported by the JOC. This news comes after WI city and local government bought out local homeowners via eminent domain, according to Freight Waves. The firm has partnered with Hong Kong based Kerry Logistics and CargoSmart. This week in "Where's my freight?!".

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 40

GlobalTranz

JULY 22, 2015

There are a lot of different components to consider when it comes to maximizing your results in transportation management as it pertains to all of the functions of involved in the pre and post activities of shipping freight. Based on the research of inboundlogistics.com, freight costs can make up 10% of an organization’s expenditure.

Freight 120

Freight Negotiating Skills Resource Reduction Cost Reduction Strategies 120

GlobalTranz

JUNE 11, 2015

Unlike domestic suppliers, they will respond to quality benchmarks by throwing labor-end-state inspection and rework-at the problem. By teaching suppliers to use FMEAs and control plans as living documents, we proactively reduce PPM, warranty and risk, while improving our suppliers’ capabilities.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Quality Examples 120

MIT Supply Chain

MAY 8, 2013

A chemical manufacturer we interviewed is using a third-party cloud application to negotiate freight rates with some 28 ocean carriers, for instance. But these views of the supply chain are parochial; taking ocean shipping to a new level of performance requires cross-industry benchmarking using data from a large number of stakeholders.

Supply Chain Design Software 63

Supply Chain Design Software Analytics Software Price Reduction Industrial 63

Logistics Bureau

JUNE 12, 2017

Do you know that over 60% of businesses do not have a documented Supply Chain Strategy! Most companies outsource some aspect of their Logistics. So if you are embarking on an Outsourced Logistics relationship, think about these key areas of communication: Your reasons for Outsourcing. Freight Tips part 1 – [link].

Supply Chain Design Software 40

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

Supply Chain Opz

NOVEMBER 9, 2014

However, commonly used KPIs used by supply chain executives are usually focused on logistics performance (e.g., Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

GlobalTranz

JULY 14, 2016

Benchmark Current Processes. Benchmarking your current processes is the most important step in small package contract negotiation. More simply, benchmarking let you see what you need. As a result, sifting through these documents represents a significant internal time investment. Look for Incentive Discounts.

Negotiating Skills 120

Negotiating Skills Packaging Resource Reduction Price Reduction 120

Zipline Logistics

JUNE 30, 2020

Logistics is no exception. There are hundreds of logistics terms that make up the industry’s language. Here is our glossary of top logistics terms to know. Logistics Terms for Pros to Know. Accessibility — The ability of a carrier to provide service for a freight order. ATA — Actual time of arrival.

Supply Chain Planning Software 52

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

Intelligent Audit

SEPTEMBER 20, 2021

In the supply chain industry, the freight audit process can provide a competitive advantage for invoicing and cutting back costs. As reported by Supply & Demand Chain Executive , “As the shipping industry becomes more complex, so too does freight payment. What Is Freight Audit and Payment.

Analytics Software 52

Analytics Software Resource Reduction Cost Reduction Strategies Supply Chain Planning Software 52

Supply Chain Game Changer

JULY 3, 2019

Benchmark the market and take into account the ability for different solutions to fit into your existing sourcing processes. If you haven’t seen the full document and are looking to realize responsible sourcing, I suggest you take a look. Sustainable Logistics: Making the Last Mile Eco-Friendly! Source: Nestlé.

Sourcing Strategies 58

Sourcing Strategies Purchasing Skills Sourcing Sustainability 58

Turvo

JUNE 19, 2020

Furthermore, the scorecard should be a living document that reflects real-time information, but that’s rarely the case. As explained by Steven Prince of Inbound Logistics : “While transportation service providers vary in size and ability, having an overall strategy to track carrier performance can drive long?

Shipping 53

Shipping Analytics Software Real-time Visibility Supply Chain Planning Software 53

Talking Logistics

JUNE 28, 2017

Historically, this was a fairly accurate number, and the customer was using this benchmark of 4% to estimate demurrage cost annually. Keeping international shipments moving on schedule requires the management of multiple regions, ports, languages, government regulations and numerous documents. Automation.

Supply Chain Design Software 114

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 114

Freight Plus

OCTOBER 4, 2018

In the modern globalized world of logistics, the shipper has more options than ever. In a market with thousands of third party logistics (3PL) providers it can be a daunting task figuring out which provider belongs where along each link of your supply chain. First Party Logistics (1PL): This is where it all begins. 3PL vs 4PL.

Third Party Logistics 40

Third Party Logistics 3PL Benchmarking Logistics Network Optimization Software 40

Logistics Viewpoints

JANUARY 3, 2022

When it comes to the movement of freight, one megatrend driving the need for better technology is the driver shortage. The ATA has a National Private Truck Council that allows for benchmarking on driver turnover. In the last benchmark, truckload carriers with more than $30 million in annual revenue averaged 90% driver turnover.

Predictive Analytics Software 250

Predictive Analytics Software Supply Chain Network Software Logistics Network Optimization Software Analytics Software 250

GlobalTranz

MAY 23, 2016

So, your organization has decided to explore the benefits and perks of less than truckload freight shipping. The dedicated TMS can further eliminate the frustrations that occur with typical full-truckload (FT) shipments and small package freight by combining all KPIs and available options into a single, comprehensive tool.

Freight 136

Freight Shipping Cost Reduction Strategies Inventory Reduction 136

Supply Chain Brain

JUNE 11, 2018

When it comes to technological innovation, however, hype is no benchmark for success. The technology has been around for a long time, but many organizations and countries still require the maintenance of original signed documents, with all of their accompanying costs and inefficiencies. Take the issue of digital signatures.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Pharmaceutical Supply Chain Strategy 40

6 River Systems

JUNE 25, 2019

Advances in logistics technology , such as automated robots , have a big impact on warehouse productivity, along with innovative AI and machine learning solutions, sophisticated warehouse management software and other technology solutions. . “All repetitive activities should be standardized and documented. Conduct an audit.

Sourcing Strategies 56

Sourcing Strategies Optimal Sourcing Warehousing Supply Chain Design Software 56

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. Inbound and outbound logistics planning. 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

Talking Logistics

NOVEMBER 6, 2014

This tees up benchmarking to ensure rates are at market. It is easy to over invest in documenting processes since the document is usually at some level wrong the moment the pencil comes off the paper. appeared first on Talking Logistics with Adrian Gonzalez. What is necessary? What can be cut or streamlined?

Modeling 151

Modeling Transportation Optimal Sourcing Expense Reduction 151

Unleashed

FEBRUARY 28, 2023

Spot red flags as they begin: Tracking receiving efficiency over time allows you to establish what your performance benchmarks are, and spot red flags as they arise. If you can make these requests, consider asking your suppliers to: Ensure all documentation is on hand and correct upon arrival. This process is called pre-receiving.

Inventory Management Software 52

Inventory Management Software How To Inventory Reduction Warehousing 52

6 River Systems

JUNE 29, 2020

“As the logistics industry faces extraordinary pressures, maintaining a culture of compliance is more critical than ever. Yet many companies, lulled by efficient and relatively inexpensive logistics and transport, have been applying lean and just-in-time production methods that span global networks.

Supply Chain Planning Software 116

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