Logistics Bureau

FEBRUARY 6, 2023

Who would have thought that measuring the performance of supply chain processes like warehousing, procurement, or logistics could be so troublesome? Well, we know a few supply chain managers who, having made some of the mistakes covered by this article, would attest to the potential for difficulty.

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KPI Supply Chain Strategy Supply Chain Software Supply Chain Design Software 83

Silvon Software

JULY 22, 2022

Supply chain performance KPIs are invaluable measurements that support the growth and success of a company’s supply, fulfillment and delivery efforts. While supply chain KPIs should be chosen based on your organization’s specific needs, certain ones are effective for most businesses. Cash-to-Cash Time Cycle.

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

Silvon Software

JUNE 1, 2023

But how do you know if you are using the right KPIs, including both stakeholder and supply chain performance measures? Supply chain KPIs are crucial for optimizing processes, minimizing costs, improving customer service, and enhancing overall supply chain performance.

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S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 111

Logistics Bureau

FEBRUARY 13, 2018

But also: Why do they love supply chain management so much? He joined Logistics Bureau Group back in 2009 and commenced by running the benchmarking business known as Benchmarking Success. Explain benchmarking to me as if I were a five-year-old…. In essence, benchmarking is an audit plus.

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Logistics Bureau

SEPTEMBER 25, 2016

If not, you might be surprised at the many ways supply chain benchmarking can be used to understand performance, identify areas for improvement and actually turn those improvements into reality. 8 Most Beneficial Uses of Supply Chain Benchmarking. 8 Most Beneficial Uses of Supply Chain Benchmarking.

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Benchmarking Supply Chain Planning Agile and Lean Supply Chain Supply Chain Strategy 40

SCMDOJO

MARCH 19, 2024

Logistics Manager Planning and coordinating transportation, distribution, and warehousing activities to ensure efficient product flow. Ensure timely and cost-effective delivery Warehouse Lead Oversee warehouse operations and staff. Optimizing logistics processes to minimize costs and reduce lead times. Get your guide now!

Optimal Sourcing 78

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 78

Logistics Bureau

JANUARY 21, 2018

Here are my top 10 tips to boost your Supply Chain performance towards Best in Class. OK, why do so many organisations struggle with the same old Supply Chain Challenges? I’ve compiled a hit list of my top 10 focus areas that will help you boost your Supply Chain performance and that of your teams.

Supply Chain Performance 40

Supply Chain Performance Supply Chain Design Software Supply Chain Software Resource Reduction 40

Logistics Viewpoints

MAY 3, 2022

In response to these rising complexities, late last year, Körber commissioned its first ever Supply Chain Benchmarking report. The great news for supply chain professionals looking to make their supply chains more sustainable: there are multiple options throughout their warehouse and transportation operation.

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Waste Reduction Sustainability Vendor Strategies Supply Chain Design Software 197

Logistics Bureau

MAY 4, 2016

Performance is analysed for the key SCOR supply chain processes of Plan, Source, Make, Deliver and Return. Metrics are defined at three levels: Level 1 – the most aggregated level, measuring overall supply chain performance. Balanced Scorecard is one of the more popular ones.

Supply Chain Performance 40

Supply Chain Performance Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 40

6 River Systems

DECEMBER 13, 2019

Optimizing your warehouse means examining every corner of your infrastructure and every facet of your workflows and processes to identify and correct inefficiencies. Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery.

Optimal Sourcing 81

Optimal Sourcing Optimization Software Price Mitigation Strategies Modeling 81

Precoro

MAY 19, 2023

A transparent and well-controlled supply chain plays a crucial role in a company’s success. To monitor supply chain performance, stakeholders of successful companies typically define supply chain metrics that are relevant to the given business and track these KPIs regularly.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

SCMDOJO

NOVEMBER 9, 2023

Warehousing expenses are often variable and depend on the amount of inventory stored. Consequently, it is imperative to maintain a well-organized warehouse that either introduces new items at the back or strategically positions older items at the forefront. These are shown in our inventory control template excel later in the blog.

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Logistics Bureau

DECEMBER 14, 2021

Here are the 9 easiest, fastest, and most effective ways to boost your Supply Chain performance. 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.

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Supply Chain Strategy How To Supply Chain Optimal Sourcing 78

Logistics Bureau

OCTOBER 20, 2021

You see, the set of primary data needed to keep an airliner aloft is (apparently) relatively simple—and the same is true of running a supply chain organisation. It’s not uncommon though, for companies to make the mistake of over-complicating their supply chain performance monitoring. The Par Level System.

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

Talking Logistics

NOVEMBER 17, 2015

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. First, understand what your priorities are and establish goals for your supply chain.

Supply Chain Software 100

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

Logistics Bureau

OCTOBER 30, 2017

If you’d like to read more about Supply Chain KPIs, you can download (free) a chapter from one of our Best Selling Books on the topic. Free Supply Chain Benchmarking Chapter. KPIs in Supply Chain – The Basics. Warehousing. Inventory stock turns in Days. First Name *. Last Name *.

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Logility

AUGUST 25, 2020

Daily, Product Excellence companies are primarily concerned with the supply chain’s flow, its reliability, and its cost. Supply chain cost per unit sold. Warehousing and transportation costs. Enterprise software performance. Lean organizations focus on eliminating waste in their supply chain at every stage.

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Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 173

Locus

DECEMBER 7, 2021

A prime example is how governments in the Middle East have begun to rethink food security targets after the disruptions to their food supply chains. They have started earmarking their investments for food supply chain networks since the pandemic. Major supply chain risks in the Middle East.

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Supply Chain Disruption Optimal Sourcing Modeling Supply Chain Planning Software 52

ToolsGroup

NOVEMBER 17, 2015

spirits warehouse network and still managed a 10 percent improvement in inventory turns. The "perfect order" is a benchmark of supply chain performance. Rather than optimizing inventory to keep down working capital costs, it can make more sense to instead focus on optimizing service levels.

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Customer Service Logistics Network Optimization Software Inventory Reduction Supply Chain Planning Software 0

TMC

MARCH 31, 2016

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. First, understand what your priorities are and establish goals for your supply chain.

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Supply Chain Software Supply Chain Optimization Supply Chain Network Software Network Optimization Software 69

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. .

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

Talking Logistics

SEPTEMBER 12, 2017

A sense of complacency can lurk behind benchmarks. Once you hit your monthly warehouse goals, there can be a pull toward maintaining rather than gaining on your goals. The four key methods here will help you drive more success as you bring the metrics to life on your warehouse floor: 1.

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Metrics Supply Chain Planning Software Supply Chain Software Supply Chain Planning 105

Zipline Logistics

JUNE 30, 2020

Benchmark — In logistics, benchmarks refer to KPI thresholds set by an organization to measure supply chain performance. Billing — A process typically performed by the carrier that determines the total charges for a completed order. Velocity — The rate at which product move through a warehouse.

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

Unleashed

APRIL 9, 2024

It also reduces your inventory holding costs by ensuring that goods are not sitting idle in your warehouse for too long. Thus, OTIF plays a significant role in waste reduction by streamlining supply chain processes and promoting sustainable practices. In this example, the OTIF is 75.8% Lift operational efficiency.

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Zipline Logistics

JANUARY 24, 2020

Despite its importance, many brands, irrespective of sophistication, have encountered issues with consistently meeting these benchmarks. If you have wondered how to improve OTIF and overall supply chain performance, you are not alone. We have a few tips on how to make logistics improvements to increase OTIF performance.

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ThroughPut

JUNE 24, 2022

So, what does AI mean to businesses struggling to make a comeback with their supply chain efficiencies in the forefront? AI in Supply Chains – The Business Advantages. Accurate inventory management can ensure the right flow of items in and out of a warehouse. WAREHOUSE EFFICIENCY. ENHANCED SAFETY.

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

Supply Chain Shaman

APRIL 14, 2015

Note the improvement and the resiliency in supply chain performance.). I pushed hard to get the supply chain team to understand the commercial challenge; and I also worked diligently to give the supply chain team an identity, and I then asked them to stand up to that identity.”. .”

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Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 150

New Horizon Supply Chain Blog

AUGUST 30, 2023

The answer may seem obvious to supply chain professionals, but it’s worth taking a step back and thinking about how to answer this. Overestimate demand and you will face a glut of inventory and may have to sell excess stock at discounts to avoid waste and free up warehouse space and working capital.

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Forecasting Supply and Demand Material Savings Inventory Reduction 52

Supply Chain Network

MAY 9, 2011

Oco’s business analytics applications provide actionable insights that accelerate business transformation into revenue and profitability, customer behavior, supply chain performance and after-market servicesperformance. The acquisition complements and extends Deloitte’smanaged analytics capabilities.

Analytics Software 68

Analytics Software Procurement Analytics Analytics Supply Chain Design Software 68

Logistics Bureau

JUNE 12, 2017

We constantly strive for Best in Class Supply Chain performance , but only 20% of companies ever achieve it. The sad truth is, that most Supply Chains tend to remain right where they are, without significant performance improvement. So how do you move up the Supply Chain Performance Pyramid?

Supply Chain Design Software 40

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

New Horizon Supply Chain Blog

JULY 15, 2022

The answer may seem obvious to supply chain professionals, but it’s worth taking a step back and thinking about how to answer this. As a result, these companies have a glut of inventory for certain products and have to sell them at discounts to free up warehouse space and working capital.

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52

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. At the same time, though, supply chain costs rose by more than $75 million. Findings included the following problems.

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Cost Reduction Strategies Inventory Reduction Expense Reduction Price Reduction 54

Logistics Bureau

OCTOBER 31, 2016

There can be few companies today that don’t see customer service as a business fundamental, but did you know that it’s actually one of the most important supply chain basics too? Some businesses overlook just how important their supply chain is to customer satisfaction. Inventory Management in the Warehouse.

Supply Chain Design Software 40

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

KEPLER Consulting

NOVEMBER 24, 2017

And daily execution of processes becomes a fire fighter job not allowing to conceive performant and relevant answers for business challenges. That conception impacts process efficiency and lowers Supply Chain performance. Supply Chain Managers fully rely on newly developed tools to support Supply Chain performance.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 40

Supply Chain Shaman

AUGUST 26, 2015

Organizational DNA is defined by supply. In supply chain demand benchmarking, we see serious degradation of the forecast in lag 1 (30 days in the future) versus lag 3 or 4 (or 90/120 days in the future), due to the inclusion of sales data in management overrides. Life is busy at Supply Chain Insights.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

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. Learn More about the 9 Key Supply Chain Performance Levers.

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Cost Reduction Strategies Price Reduction Inventory Reduction Vendor Strategies 45

Logistics Bureau

MAY 9, 2016

However, it corresponds to the amount of money you need to keep your supply chain working, so in reality you want to decrease it – without hurting supply chain performance, of course. On the face of it, “working capital” might sound like something you’d want to increase.

Material Savings 40

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