Logistics Bureau

APRIL 4, 2022

The answer is to benchmark your freight, of course. At Logistics Bureau, we want to help you with that, so we’re publishing this brief guide to help you if you haven’t already included freight benchmarking in your management strategies or want to benchmark more effectively than you are now.

Benchmarking 68

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 68

Logistics Bureau

JUNE 22, 2021

Related articles on this topic have appeared throughout our website, check them out: How to Benchmark Your Supply Chain. KPI Key Performance Indicators in Supply Chain & Logistics. Number of orders processed. Number of customers. Best Regards, Rob O’Byrne. Email: robyrne@logisticsbureau.com. Phone: +61 417 417 307.

Benchmarking 52

Benchmarking KPI Supply Chain Logistics 52

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. . How does an SLA work with Key Performance Indicators (KPIs)? Many logistics service providers will provide their customers with an SLA. Collaboration.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Logistics Bureau

FEBRUARY 22, 2021

Delivered in full & on time (DIFOT) is a very important key performance indicator (KPI) but most people measure it the wrong way and that’s why I am going to explain what I think is the best measure. This KPI was the one that gave them the focus and the cross-functional collaboration that they needed. Order Entry Accuracy.

KPI 52

KPI Warehousing Benchmarking Inventory 52

Logistics Bureau

OCTOBER 19, 2020

Well, I asked Steven Thacker, one of our benchmarking management experts, exactly that question! What is Benchmarking? Benchmarking is essentially comparing; comparing one against another. Those levels are “benchmarks”. Of course, benchmarks and benchmarking can cover all kinds of different things, at work or elsewhere.

Benchmarking 52

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

Logistics Bureau

AUGUST 16, 2017

Well, I asked Steven Thacker one of our benchmarking management experts, exactly that question! What is Benchmarking? Benchmarking is essentially comparing; comparing one against another. Those levels are “benchmarks”. Of course, benchmarks and benchmarking can cover all kinds of different things, at work or elsewhere.

Benchmarking 40

Benchmarking How To KPI Agile and Lean Supply Chain 40

Supply Chain Game Changer

MARCH 2, 2022

By improving last-mile visibility with cutting-edge analytics software, you can boost your business’ productivity and customer satisfaction and loyalty, as well as benefit from accurate KPI benchmarking. Accurate KPI benchmarking. Strong last-mile visibility also helps your business facilitate accurate KPI benchmarking.

Real-time Visibility 88

Real-time Visibility Predictive Analytics Software KPI Optimization Software 88

Logistics Bureau

APRIL 19, 2022

Related articles on this topic have appeared throughout our website, check them out: A Concise Guide to Inventory KPIs for Your Business. KPIs for Your Warehouse: How to Choose and Use Them. How to Select the Right KPIs for Supply Chain Benchmarking. KPI Key Performance Indicators in Supply Chain & Logistics.

Warehousing 76

Warehousing KPI Benchmarking Analysis 76

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 79

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 79

Logistics Bureau

AUGUST 2, 2021

Whether you’re planning to benchmark your supply chain or simply trying to improve how you measure its performance, it makes sense to know a little about the most commonly used KPIs for each supply chain component. 7 Procurement KPIs You Should be Using. Competitiveness of Pricing. Supplier Defect Rate. Supplier Lead Time.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

Pre-Procurement Before commencing on a Procurement Exercise, it’s important to collaborate with internal stakeholders, including procurement teams, logistics departments, and related teams, to ensure alignment on objectives, requirements, and budgets. Regular review and report on service providers’ performance against these benchmarks.,

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

Silvon Software

JUNE 1, 2023

Remember that you can update your KPI selection at any time, so remain open to replacing ineffective metrics. The most important aspect to remember is that KPIs should align with your business strategy. The KPIs here highlight procurement, production, logistics, and customer fulfillment.

S&OP 92

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 92

Freight Plus

MARCH 22, 2019

A typical answer we receive when we ask a perspective client if they've done a supply chain benchmark is, "what is a supply chain benchmark?". That answer is simple - a supply chain benchmark is no different than any other type of benchmark. (listen to this article). The Objective. Improve performance –. The Components.

Benchmarking 40

Benchmarking Supply Chain Planning Software Supply Chain Planning Supply Chain 40

Intelligent Audit

JANUARY 28, 2021

One of the best ways for managers and team members to keep track of things is with a well-rounded logistics KPIs scorecard. What is a Logistics KPIs Scorecard. An organized and complete logistics KPIs scorecard can help bring these core characteristics and points into focus for managers. .

Logistics Network Optimization Software 59

Logistics Network Optimization Software Logistics KPI Optimization Software 59

Silvon Software

JULY 22, 2022

In fact, such KPIs are so crucial right now that the supply chain analytics market is expected to reach nearly $17 billion by 2027 as companies ramp up their supply chain performance management initiatives. Why is KPI tracking so important in supply chain management? Inventory KPIs and Metrics for Managing Supply Chain Performance.

Manufacturing Procurement 80

Manufacturing Procurement Metrics Supply Chain Planning Software Supply Chain Strategy 80

The Logistics of Logistics

JANUARY 26, 2016

Key performance indicators (KPIs) give you a means to measure how well you are doing and make the right adjustments. They allow you to set benchmarks and improve your business practices. Below are five KPIs to closely monitor in your warehouse: 1. This KPI is specific to actual storage systems. Employee Turnover.

Warehousing 100

Warehousing KPI Inventory Reduction Cost Reduction Strategies 100

Logistics Bureau

OCTOBER 20, 2020

Robobyrne: Supply Chain Strategy & KPI. Supply Chain Secrets: Supply Chain and Logistics KPIs – Keep it Simple. Benchmarking Success: Supply Chain Performance Dashboards: 6 KPIs to Keep Them Simple. Best Regards, Rob O’Byrne. Email: robyrne@logisticsbureau.com.

Supply Chain Strategy 55

Supply Chain Strategy Supply Chain KPI Benchmarking 55

DELMIA Quintiq

MAY 17, 2023

It can also ensure that perishable products are processed on time to avoid waste; The process of Production Scheduling can be used to avoid setup or cleaning between different products, to save energy and cleaning liquid; The process of Logistics Planning enables companies to optimize routes and the loading of means of transportation (e.g.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Scenario Planning Sustainability 156

ToolsGroup

MARCH 17, 2021

Starting from pre-implementation we align on target key performance indicator (KPI) levels and benchmark progress to accelerate time to value. “In a world that rarely plays by the rules, Michael and Stefano embody ToolsGroup’s relentless focus on delivering value to customers,” said ToolsGroup CEO Joseph Shamir.

Optimal Sourcing 120

Optimal Sourcing Supply Chain Planning Software ToolsGroup Demand Planning Software 120

Logistics Bureau

DECEMBER 14, 2021

Watch this: Related articles on this topic have appeared throughout our website, check them out: KPIs for Your Warehouse: How to Choose and Use Them. KPI Key Performance Indicators in Supply Chain & Logistics. 11 Golden Rules for Meaningful Supply Chain KPIs.

Supply Chain Strategy 77

Supply Chain Strategy How To Supply Chain KPI 77

SCMDOJO

MARCH 19, 2024

These functions include procurement, production planning, inventory management, logistics, and customer service. Logistics Logistics involves managing the transportation and delivery of goods. These roles include supply chain managers, procurement specialists, demand planners, logistics coordinators, and data analysts.

Optimal Sourcing 79

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 79

Logistics Bureau

DECEMBER 7, 2017

In case you’re not familiar with all the KPIs in the chart above, just read on for a quick explanation of each one. The term “line” in this KPI refers to a line on the sales order. This KPI can be used to measure inbound deliveries (from your suppliers) or those you make to your customers. Need More KPI Knowledge?

KPI 40

KPI Supply Chain Benchmarking Manufacturing Procurement 40

Logistics Bureau

JANUARY 19, 2020

Anybody who knows me well is aware that in addition to working with my wonderful colleagues at the Logistics Bureau, I run several spin-off businesses. Worldwide, One-Man Logistics Seminars. Supply chain and logistics outsourcing. Career development in supply chain and logistics. Benchmarking and KPI development.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning Cost Reduction Strategies 52

Supply Chain Movement

MAY 5, 2015

Customer Facing Supply Chain Management is the next level of O2C process maturity which is focusing of customer front end elements and brings Order to Cash cycle firmly integrated with customer service, logistics, planning and other key functions. Order management best practices. Lead practices around customer services operations models.

Supply Chain Design Software 60

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 60

Talking Logistics

JUNE 20, 2017

If you only focus on the data in your own supply chain, you could be missing the bigger picture, and ultimately, misreading your KPIs. When you connect to a global trade network (GTN), you can benchmark your company’s performance against the performance of all the shippers in the network.

Global 109

Global Scenario Planning Metrics Benchmarking 109

Talking Logistics

SEPTEMBER 12, 2017

A sense of complacency can lurk behind benchmarks. Much like the “in the green”/”in the red” problem cited above, if they feel like they’re getting called out for every KPI discussion, they’re not going to be very forthcoming. As a leader, you need many tools to eliminate this mindset.

Metrics 106

Metrics Supply Chain Planning Software Supply Chain Software Supply Chain Planning 106

Unleashed

APRIL 9, 2024

OTIF is an important KPI because it directly impacts customer satisfaction and trust in supply chain partnerships. OTIF encompasses both the logistical efficiency of getting products to customers when they expect them and the accuracy of order fulfilment. Why is OTIF an important supply chain management metric?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Waste Reduction Cost Reduction Strategies 52

GlobalTranz

APRIL 25, 2016

It is the main measurement benchmark in measuring supply chain performance, isn’t it? Customer Service Levels : When it comes to how a shipper defines the value of a logistics provider or 3PL to the bottom line, there are often several Key Performance Indicators (KPIs) and Logistics Metrics taken into consideration.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

GlobalTranz

OCTOBER 29, 2015

We conclude our ongoing series in talking about effective KPI management by giving you a real live Logistics KPIs management case study from Whirlpool's engagement with a logistics service level provider. The Reiterated Importance of Understanding and Managing KPIs in Business and Logistics Management.

Case Study 120

Case Study KPI Logistics Network Optimization Software Supply Chain Design Software 120

Logistics Bureau

OCTOBER 23, 2019

In this video, we are going to reveal and demystify one of the best KPIs ever formulated for business benchmarking (internal that is). Look closely at the simple slide presentation which came from an actual case study and get your calculators ready! Let’s watch it. Subscribe to our Youtube Channel. Best Regards, Rob O’Byrne.

Case Study 40

Case Study Benchmarking Video Study 40

Logility

JUNE 20, 2017

Most interestingly, our changing lifestyles are turning consumers into same-day delivery, mobile shoppers, taxing the logistics and merchandising prowess of even the largest corporations. So those assessments should result in some form of reasonable KPI goal setting. Can it become more effective? The key is momentum.

Supply Chain Design Software 119

Supply Chain Design Software Supply Chain Planning Software Optimization Software Demand Planning Software 119

Logistics Viewpoints

MARCH 4, 2021

It includes all of its elements: customers, sales channels, products, warehouses, logistics network, and the interactions between them. Fourth Step: Benchmark KPIs to understand limitations and discover opportunities. On-time-in-full performance of suppliers and scorecards where multiple KPIs are combined.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 261

NC State SCRC

JUNE 27, 2017

It will not determine the extent of deployment across different business units, but could be used to benchmark performance across business units. They may provide specific KPI benchmark levels for a process (in such terms as percentage cost savings). > Logistics cost. > Service. >Inventory > COGS. >

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement 40

Logistics Bureau

OCTOBER 12, 2020

In an attempt to help you keep your supply chain organisation from analysis paralysis, metric manipulation, or measurement misnomers, I decided to use this post to share nine important guidelines, or golden rules, for benchmarking your business and monitoring performance using meaningful supply chain KPIs.

Supply Chain Strategy 52

Supply Chain Strategy KPI Material Savings Supply Chain Planning 52

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. For example, you don’t want to assume that a single logistics strategy and service approach will meet all your customers’ needs. Reverse logistics. Delivery service levels.

Inventory Reduction 88

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction Strategies 88

ThroughPut

JUNE 24, 2022

Mounting expectations of supersonic speed and efficiencies between suppliers and business partners of all types further underscores the need for the industry to leverage the prowess of the Artificial Intelligence (AI) in supply chains and logistics. Benefits of AI-Powered Supply Chains. 1) BOLSTERING PLANNING AND SCHEDULING ACTIVITIES.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 98

ShipBob

APRIL 13, 2021

In this article, gain a deeper understanding of the ecommerce KPIs that every online store needs to track to achieve specific strategic goals. What are ecommerce KPIs? Sales KPIs. Marketing KPIs. Customer service KPIs. Shipping & logistics KPIs. Ecommerce KPI examples. Table of Contents.

Procurement Analytics 95

Procurement Analytics Logistics Network Optimization Software Analytics Software Optimization Software 95