Logistics Viewpoints

DECEMBER 18, 2024

Companies like DHL and Amazon are already setting benchmarks by integrating EVs into their logistics operations. Advanced route optimization tools further support these goals. Set Measurable Goals: Establish clear targets for emissions reduction, energy efficiency, and sustainability metrics.

Supply Chain Design Software 266

Supply Chain Design Software Optimal Sourcing Material Savings Supply Chain Planning Software 266

Logistics Viewpoints

JUNE 3, 2025

The formula for OTIF is: Measuring a supply chain against OTIF metrics is a key strategy that helps decision makers attach a tangible value to the success of their fulfillment and allows them to determine key strategies. Establishing standard benchmarks for services and innovations in fulfillment centers is crucial in this context.

Optimal Sourcing 225

Optimal Sourcing Optimization Software Price Mitigation Strategies Sourcing Strategies 225

Freightos

APRIL 23, 2025

Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses.

Optimal Sourcing 156

Optimal Sourcing Benchmarking Manufacturing Procurement Procurement 156

Silvon Software

MAY 6, 2025

They integrate, align, and activate data across the business to drive better, faster decisions unlike legacy reporting tools that can’t. Packaged Analytics, KPIs & Reports Ready-to-use reports, metrics, and dashboards that accelerate time-to-insight.

Prescriptive Analytics Software 89

Prescriptive Analytics Software Analytics Software Predictive Analytics Software Supply Chain Design Software 89

Talking Logistics

SEPTEMBER 12, 2017

A sense of complacency can lurk behind benchmarks. As a leader, you need many tools to eliminate this mindset. As a leader, you need many tools to eliminate this mindset. The four key methods here will help you drive more success as you bring the metrics to life on your warehouse floor: 1. Don’t measure to justify.

Metrics 157

Metrics Supply Chain Planning Software Supply Chain Software Supply Chain Planning 157

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. What is Freight Benchmarking?

Benchmarking 96

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 96

ivalua

MAY 21, 2025

Unfortunately, outdated tools and fragmented processes make it difficult to maintain visibility across the supply chain and adapt at the pace of business. It also enables a proactive approach to managing supplier relationships using supplier portals and scoreboards, collaboration tools, and predictive analytics using AI-powered tools.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Procurement Analytics Analytics Software 130

ivalua

JUNE 12, 2025

We’ll walk through key benefits, types of spend analysis, steps to get started, and metrics to track—backed by lessons learned from real-world implementations. Despite investments in tools and data, most procurement teams struggle to scale their efforts beyond one-off reports or limited categories. Let’s dig in!

Cost Reduction Strategies 130

Cost Reduction Strategies Material Savings Expense Reduction Negotiating Skills 130

RFgen

NOVEMBER 20, 2024

By replacing manual, paper-based processes with digital tools, you can transform your warehouse into a highly efficient, accurate, and connected operation. Mobile Communication Tools Push-to-talk functionality on smartphones allows instant team communication without extra devices.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Waste Reduction Cost Reduction Strategies 98

ivalua

MAY 30, 2025

As supply chains become more interconnected and risks more dynamic, traditional procurement tools fall short. These tools streamline processes such as purchase order creation, supplier onboarding, and invoice management, but they rely heavily on static programming and human oversight.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Procurement Analytics Negotiating Skills 130

ivalua

MAY 30, 2025

As supply chains become more interconnected and risks more dynamic, traditional procurement tools fall short. These tools streamline processes such as purchase order creation, supplier onboarding, and invoice management, but they rely heavily on static programming and human oversight.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Procurement Analytics Negotiating Skills 130

Logistics Bureau

DECEMBER 14, 2020

Business benchmarking is recognised as one of the best management tools around. But what exactly is supply chain benchmarking and why is it so important? In business, a benchmark is a measure of performance. How to benchmark? The What, Why, How of Supply Chain Benchmarking. The Origins of Benchmarking.

Benchmarking 98

Benchmarking Supply Chain Software Supply Chain Warehousing 98

GlobalTranz

APRIL 25, 2016

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. It is the main measurement benchmark in measuring supply chain performance, isn’t it? 10 Soft Metric Considerations in Measuring Supply Chain Performance. Cost reduction is still very important. We just can’t forget cost reduction. Read more. .

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

ivalua

MAY 10, 2025

If you’re exploring procurement technology, chances are you’re not just looking for a better tool – rather, you’re looking for a smarter, scalable strategy. AI, automation, and generative tools are redefining efficiency, allowing procurement teams to move from reactive to proactive decision-making. What Is Procurement Technology?

Procurement Solutions 130

Procurement Solutions Sourcing Strategies Optimal Sourcing Analytics Software 130

SCMDOJO

JANUARY 9, 2025

Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. A study by Hackett Group found that companies using automated procurement tools reduced their operational costs by 25%. Ensure that these tools can scale with your business.

Optimal Sourcing 98

Optimal Sourcing Manufacturing Procurement Procurement Solutions Negotiating Skills 98

Logistics Viewpoints

MARCH 27, 2023

It is important to benchmark forecast accuracy and similar supply chain metrics against your peers. APQC – a benchmarking, best practices, and performance improvement organization – is one place you can get these numbers. Companies need to understand how much it is realistically possible to improve their forecasts.

Forecasting 271

Forecasting Forecasting Software Modeling Optimal Sourcing 271

Logistics Viewpoints

MARCH 4, 2021

Ensure that, somewhere along the way, data diagnostic tools will be used to check for missing and inconsistent data automatically. . Fourth Step: Benchmark KPIs to understand limitations and discover opportunities. Customer Satisfaction scores side by side with the service level and availability metrics.

Supply Chain Planning Software 284

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 284

Supply Chain Shaman

JUNE 16, 2014

I have learned that supply chain systems are more complex than I originally thought, and that the relationships between supply chain metrics are nonlinear. I sometimes wonder if I should create a new class of technologies for the network design tools because they have changed so much.) And, in our Digital Manufacturing Study.

Supply Chain Design Software 319

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 319

GlobalTranz

JUNE 15, 2017

The tools and techniques of Six Sigma put team’s heads together and stimulate innovation. There are numerous tools in place to assist in diagnosing the logistics problems and solutions found. With an application of statistical methods, the causes of errors are reduced or are eliminated. Focus on quality is not a bureaucracy.

Buyer Training 289

Buyer Training Logistics Network Optimization Software Six Sigma Vendor Strategies 289

GlobalTranz

DECEMBER 30, 2014

Transportation Metrics That Matter Most to Track and Improve Performance : How do you measure logistics efficiency and transportation metrics performance indicators when you are already doing the best job possible? However, it’s important to review your pattern of freight spend in relation to sales so that you may set a benchmark.

Logistics Network Optimization Software 305

Logistics Network Optimization Software Expense Reduction Supply Chain Planning Software Modeling Software 305

Unleashed

MARCH 9, 2021

That’s where Procurement Metrics and Key Performance Indicators (KPIs) come into play. Procurement metrics and KPIs allow organisations to measure results and guide best practice performance. In this post, we’ll unpack ten top procurement metrics and why they matter. Undamaged shipment rate. On-time delivery: all suppliers.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

SCMDOJO

MARCH 24, 2025

Introduction Gardner, (1954) and Huntzinger, (2007) define Purchase price variance (PPV) as a metric used to measure the effectiveness of cost-saving efforts by calculating the difference between the planned cost (standard pricing) allocated for purchasing activities and the actual cost incurred. This helps in setting a benchmark.

Purchasing Skills 69

Purchasing Skills Negotiating Skills Negotiate Pricing Procurement Analytics 69

Logistics Viewpoints

SEPTEMBER 4, 2023

There are different tools, goals, and market dynamics. A 95% on time delivery metric – very high performance – is just not good enough for Simmons. We did not have a great spot tool.” The solution can be used to benchmark whether Simmons is paying below, above, or at market for their moves on a particular lane.

Procurement Solutions 283

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 283

Unleashed

DECEMBER 15, 2021

Here explain what DSI is, how to use it, and why it’s crucial to track this metric in your business – whether you’re a retailer, manufacturer, wholesaler or distributor. The next figure you need to calculate is COGS, which is a metric that relates to the direct costs of a product that a business sells.

Procurement Analytics 98

Procurement Analytics Inventory Reduction Metrics Inventory 98

Logistics Viewpoints

NOVEMBER 23, 2020

Our inventories were in line with benchmarks, but we knew that intensifying the pace of launches could become challenging in the long run.”. We could not manage our business with that tool,” Mr. Stephens realized. Further, after a couple of recent acquisitions, the supply chain was already feeling the strain. The results?

Supply and Demand 246

Supply and Demand Customer Service Logistics Network Optimization Software Supply Chain Planning Software 246

SCMDOJO

OCTOBER 15, 2024

After all, it is not just a tool to streamline the cash process but it inevitably contributes to the growth of the business. It is a useful tool for determining the holistic status of the financial aspects of the company. Benchmark and stay informed about your business performance. What is the Cash Conversion Cycle?

Inventory Management Software 98

Inventory Management Software Optimization Software Negotiating Skills Supply Chain Software 98

RFgen

DECEMBER 5, 2024

These tools streamline processes, improve accuracy, and empower your team. Here are the key performance indicators (KPIs) to monitor: Operational Efficiency: Track metrics like order accuracy rates, inventory turnover, pick rates, labor productivity, receiving speed, and order fulfillment time.

Inventory Management Software 97

Inventory Management Software Supply Chain Design Software Optimization Software Supply Chain Planning Software 97

Logility

MARCH 12, 2021

Pulling data into a business intelligence tool in each department, the company started generating a new series of reports designed to meet the requirements of each department. This blog post outlines three types of inter-related analytical tools that you need to use in concert to get the best insight from your data.

Supply and Demand 192

Supply and Demand Prescriptive Analytics Software Demand Planning Modeling 192

Kinaxis

MARCH 7, 2018

Tracking success: Metrics matter. Now Avaya is leading the way, exceeding industry benchmarks in 11 key metrics. Avaya also measures and reports on more than 100 metrics, each aligned with the company’s four pillars: customer satisfaction, employee satisfaction, cash-to-cash and supply chain expense.

Supply Chain Planning Software 141

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Case Study 141

Logility

APRIL 2, 2020

Supplier scorecards are globally accepted as a key tool for managing a more profitable supply chain. A good scorecard helps identify which vendors deliver the best value, explains the drivers of performance, and is a preferred collaboration tool for improving supplier relationships. 3 Get the metrics right.

Negotiating Skills 158

Negotiating Skills Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 158

TransAudit

FEBRUARY 13, 2025

Use tools to automate root cause analysis and reduce dependency on manual reporting. The war for talent has always been prevalent, said Dritz, emphasizing the importance of aligning skilled teams with the right tools. Steps to prioritize talent and technology: Provide employees with robust analytics tools for decision-making.

Supply Chain Software 59

Supply Chain Software Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 59

Talking Logistics

NOVEMBER 17, 2015

Do you have the right metrics? Metrics show how your supply chain is performing – providing they are the right ones to do the job. Inappropriate metrics can give a false or incomplete picture of supply chain performance. Second, what metrics are the best indicators of performance in terms of these goals?

Supply Chain Software 100

Supply Chain Software Supply Chain Optimization Supply Chain Strategy Supply Chain Network Software 100

Supply Chain Insights

JULY 23, 2017

Benchmarking. The first step to building a guiding a coalition is benchmarking. We are offering three types of benchmarking: planning, financial and organizational. Use our Metrics That Matter methodology to look at improvement and performance. The seven on-line classes are: Supply Chain Metrics That Matter.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Design Software Price Mitigation Strategies Inventory Reduction 0

Logility

NOVEMBER 30, 2020

Digital Transformation in supply chain operations usually involves the development of new tools, skills, and/or processes that target a step change in speed and/or agility. Start with documenting the “As-Is” process capabilities and corresponding key performance metrics. Why is Digital Transformation Important?

Supply Chain Planning Software 179

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Strategy 179

Talking Logistics

JULY 19, 2013

Con-way Freight Raises the Bar on Mexico Service, Adds Door-to-Door Tracking, 24-Hour Customer Resource Center, Enhanced Web Tools. Source data is a combination of reference and benchmark data from third parties as well as econometric models and formulas.

Logistics Network Optimization Software 153

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 153

AFFLINK

JUNE 10, 2025

For AFFLINK’s members, the ELEVATE platform offers data-backed insights highlighting opportunities to optimize sourcing through ESG-aligned benchmarks. Use ESG Criteria in Vendor Selection Incorporate ESG metrics into your RFP and onboarding processes. AFFLINK stands ready to support our partners and affiliates in this transformation.

Optimal Sourcing 48

Optimal Sourcing Supply Chain Design Software Waste Reduction Vendor Strategies 48

The Logistics & Supply Chain Management Society

MARCH 14, 2023

What tools we can use to benchmark ocean freight and carriers’ service reliability? Types of Ocean Freight Contract POSSIBLE TOOLS FOR BENCHMARKING RATES Like in any industry, we gather market Intelligence through our own network. This network could be customers, other shippers and also carriers, and 3PLs.

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130