Silvon Software

JULY 22, 2022

A high value for this KPI can affect a number of things such as the number of orders that are ready to be shipped on-time, warehousing space availability for incoming shipments and the overall flow of goods in and out of the warehouse. 60% to 70% is considered a good benchmark of inventory levels. Days Sales Outstanding (DSO).

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

Logistics Bureau

OCTOBER 20, 2021

Accurate documentation: This metric tracks the percentage of sales orders accompanied by accurate documents throughout the process. Documents included in the metric can vary but usually include advance shipment notifications (ASNs), labels, and invoices. Delivery documentation is completed accurately. x 0.96 = 0.8661.

Supply Chain Design Software 80

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

Material Handling & Logistics

DECEMBER 3, 2018

Four separate factors contribute to achieving a “perfect order”: the delivery must arrive complete, on-time, undamaged, and with proper documentation. According to APQC Open Standards Benchmarking data, organizations that are median, or midpoint, performers on this measure have a perfect order index of 90. Digital Transformation.

Manufacturing Procurement 100

Manufacturing Procurement Supply Chain Software Inventory Reduction Supply Chain Planning Software 100

Supply Chain Game Changer

FEBRUARY 23, 2021

The company I had just joined had over two dozen logistics and distribution facilities around the world. This article is a compilation of our best articles documenting that journey of leadership and discovery, which in some cases resulted in achieving Best in Class results. Subscribe Here! Email Address. Get Our EBook here.

Agile and Lean Supply Chain 104

Agile and Lean Supply Chain Global Lean Network Optimization Software 104

QAD

MAY 4, 2023

The Automotive Industry Action Group (AIAG) and Odette International released the sixth version of the Materials Management Operations Guideline/Logistics Evaluation (MMOG/LE) assessment on April 1, 2023. MMOG/LE is used by automotive customers to select and evaluate production and parts, service and warehousing processes.

Supply Chain Planning Software 96

Supply Chain Planning Software Automotive Material Savings Scenario Planning 96

RFgen

JULY 21, 2015

The speed at which merchandise moves in and out of a warehouse plays a big part in customer satisfaction. To ensure clients are receiving the proper, undamaged product in the appropriate time, a business must employ and train efficient warehouse staff. A warehouse data-capturing system logs individual employee performance.

Buyer Training 52

Buyer Training Training Price Mitigation Strategies Supply Chain Design Software 52

RFgen

JULY 21, 2015

The speed at which merchandise moves in and out of a warehouse plays a big part in customer satisfaction. To ensure clients are receiving the proper, undamaged product in the appropriate time, a business must employ and train efficient warehouse staff. A warehouse data-capturing system logs individual employee performance.

Buyer Training 52

Buyer Training Training Price Mitigation Strategies Supply Chain Design Software 52

Material Handling & Logistics

JULY 16, 2018

From the product to its condition and even documentation, the demand for excellence involving all parts of the process has intensified. Flexible supply chain solutions give shippers, forwarders and third-party logistics providers (3PLs) the visibility needed to pinpoint problems and make modifications. Inaccurate Billing.

Supply Chain Software 74

Supply Chain Software Supply Chain Network Software Analytics Software Modeling Software 74

Supply Chain Opz

NOVEMBER 9, 2014

However, commonly used KPIs used by supply chain executives are usually focused on logistics performance (e.g., That said, implementing Lean concepts would undoubtedly be part of that strategy, for example, - Lean Warehousing : Many firms (both retailers and manufacturers) are now aggressively rolling out Lean in their warehouse operations.

Waste Reduction 274

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

AFFLINK

MAY 11, 2017

Those fundamentals include understanding the need for reliability, reinforcing accountability, recognizing core competencies, defining a successful logistics strategy, and managing risk. For example, a customer may require documented procedures, work instructions, and process flows that define specific activities.

Optimal Sourcing 61

Optimal Sourcing Sourcing Strategies Procurement Cost Reduction Strategies 61

Arkieva

AUGUST 22, 2016

A new report by SupplyChainDigest: “Supplier Integration in an Outsourced Supply Chain World: A Benchmark Report,” showed a growing trend in supply chain outsourcing among manufacturing companies. I urged him to take his corporate strategy document and set up a meeting with each profit center manager. Read Full Article. percent.

Canada 60

Canada Supply Chain Strategy Vendor Strategies Supply Chain Software 60

Supply Chain Movement

JUNE 11, 2014

It’s hard to imagine that Cargill began as a grain storage warehouse in Iowa, USA, in 1865. We look at where we need to enhance our technology program, optimize transports and warehousing, segment and increase services to our customers, all within the matrix of improving the global supply chain.

S&OP 107

S&OP Supply and Demand Material Savings Sourcing Strategies 107

QAD

MAY 16, 2019

The Automotive Industry Action Group (AIAG) and Odette International are releasing the fifth version of the Materials Management Operations Guideline/Logistics Evaluation (MMOG/LE) assessment this summer. MMOG/LE is used by automotive customers to select and evaluate production and parts, service and warehousing processes.

Supply Chain Planning Software 101

Supply Chain Planning Software Inventory Reduction Material Savings Automotive 101

Freight Plus

NOVEMBER 28, 2018

As warehouse management and EDI systems have become more sophisticated so has the ability for retailers to identify which shipments are arriving that aren't compliant with vendor routing guides and SOPs. Vendor Compliance Programs and the scorecards they're graded against are no longer simply about document transfer. Technology.

Vendor Strategies 40

Vendor Strategies Inventory Reduction Cost Reduction Strategies Inventory Management Software 40

Logistics Bureau

DECEMBER 3, 2017

Our blog posts and articles here at Logistics Bureau are almost always written to inform, but this time we’re writing with a request for information. Introductory Supply Chain Topics: We cover the fundamentals of supply chain and logistics management, making SCLA suitable for staff from areas not directly involved in the supply chain.

Education 40

Education Purchasing Skills Buyer Training Supply Chain Design Software 40

Logistics Viewpoints

JANUARY 23, 2024

The company can connect all aspects of the execution process, including labor cost and capacity, warehouse capacity, and shipping, and then integrating all of this data into their data cloud platform for a holistic view of OMS, TMS, and WMS. Blue Yonder also acquired Doddle to close the loop on reverse logistics.

Supply Chain Planning Software 209

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 209

6 River Systems

JUNE 25, 2019

Most warehouses are on an ongoing mission to maximize productivity by optimizing workflows, automating processes and reducing waste (both time and resources). More than 50% of your warehouse labor is in pick and pack, so start there. ” — How to Maximize Warehouse Efficiency , Parcel Pending; Twitter: @ParcelPending 5.

Sourcing Strategies 56

Sourcing Strategies Optimal Sourcing Warehousing Supply Chain Design Software 56

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. 4 – Fixing Warehouse Capacity Issues.

Supply Chain Design Software 40

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

CH Robinson Transportfolio

JULY 8, 2014

As my career progressed, I focused on working with customers who chose to outsource their logistics. Your transportation management outsource impacts multiple areas of the company, from accounting and IT to sales and customer service, not to mention warehousing, procurement, and transportation. A cross-functional team.

Transportation Management 55

Transportation Management Transportation Supply Chain Planning Software Supply Chain Planning 55

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

6 River Systems

DECEMBER 5, 2019

The efficiency of order fulfillment from warehouses has become an important focus in logistics management as customers demand quicker deliveries. Warehouse order picking is an important factor in efficient order fulfillment. Speed is important, but so is the ability to plan accurately and meet commitments.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Resource Reduction 52

Unleashed

FEBRUARY 28, 2023

Creating efficient warehousing processes can result in less downtime, lower running costs, and better customer service. Here, we’ll talk about what receiving efficiency is, how to measure it using warehousing metrics, and cover a few different ways to optimise your inward goods process. What is receiving efficiency?

Inventory Management Software 52

Inventory Management Software How To Inventory Reduction Warehousing 52

NC State SCRC

NOVEMBER 5, 2016

Current best practices in contract management systems are associated with application of searchable contract databases, allowing comparison and rapid access to contract information, as well as comparison of contractual terms and exposure for common suppliers, categories of spending, and specific price benchmarking internally.

Negotiating Skills 40

Negotiating Skills Analytics Software Supply Chain Planning Software Modeling Software 40

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. Audit — In logistics, an audit refers to the process of examining, adjusting, and verifying freight bills for accuracy.

Supply Chain Planning Software 52

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

Logistics Bureau

JULY 21, 2017

At the next Logistics Bureau Free Executive Breakfast (which will take place in August), I’ll be discussing the alignment of supply chain and business strategy along with eight other important levers for supply chain performance improvement. Cross-docking operations to reduce the need for warehouse real-estate and resources.

Cost Reduction Strategies 45

Cost Reduction Strategies Price Reduction Inventory Reduction Vendor Strategies 45

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. She was quickly able to identify that the Charlotte, NC, location had demurrage charges at 10 times the rate of other similar warehouse locations. . Automation.

Supply Chain Design Software 113

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 113

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

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

Unleashed

MARCH 9, 2021

For example, industries like transportation and logistics, technology or consumer goods will focus more on supplier collaboration. Metrics and KPIs should be viewed from the broader process level and include such areas as strategic sourcing, supplier management and compliance, logistics and contract management. Undamaged shipment rate.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Logistics Viewpoints

JANUARY 3, 2022

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. Using autonomous trucks in a truck yard comes with lower risks for a logistics service provider, shipper, or carrier.

Predictive Analytics Software 250

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

6 River Systems

JUNE 29, 2020

Warehouse managers face numerous challenges, as well, such as the need to keep goods flowing in and out of the facility while enabling associates to practice social distancing measures. “As the logistics industry faces extraordinary pressures, maintaining a culture of compliance is more critical than ever.

Supply Chain Planning Software 116

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

Logistics Bureau

MAY 24, 2019

The company was replenishing dealers’ inventory weekly, using direct shipment and cross-docking operations from source warehouses located near Deere & Company’s manufacturing facilities. Retail activity is extremely seasonal, with the majority of sales occurring between March and July.

Cost Reduction Strategies 54

Cost Reduction Strategies Inventory Reduction Expense Reduction Price Reduction 54

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. All inbound shipments should be checked against delivery documentation and purchase orders. Inventory Management in the Warehouse. Warehouse Layout.

Supply Chain Design Software 40

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

Precoro

AUGUST 31, 2023

Benchmarks for evaluating spending levels can be internal (between departments) or external (between competitors in the market.) Some costs can appear relatively high compared to the budgeted benchmarks, but at the same time justifiable by the substantial returns on investment that they offer. Let’s touch on some of them.

Material Savings 105

Material Savings Cost Reduction Strategies Expense Reduction Price Reduction 105