ToolsGroup

DECEMBER 16, 2021

In his book, Lean Retail & Wholesale , professor and author Paul Myerson defines the shift towards lean retail as “a dramatic change in the way products are ordered and distributed that is far more data-centric and focused on understanding and meeting customer demand.” What is Lean Retail? How to implement a lean retail strategy.

Agile and Lean Supply Chain 156

Agile and Lean Supply Chain Lean Retail Supply Chain Planning Software 156

The Logistics & Supply Chain Management Society

APRIL 26, 2022

As of January 1, 2022, it was taking a company an average of 73 days to deliver goods to truck or rail carriers after booking with an ocean carrier and completing the cross-ocean journey, according to E2open’s Ocean Shipping Index. Greener Shopping and Shipping: The Rise of Carbon Neutral e-Commerce Delivery.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Supply Chain Shaman

AUGUST 12, 2020

Heavily booked and running from meeting to meeting, I was late. The first step was to charter a research project with the Arizona State University statistics department to analyze which combination of metrics drives the highest market capitalization. The AMR Research Top 25 was a rocket ship taking off the launch pad.

Gartner 235

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 235

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. Shipping Frequency, Service Routing, Delivery Time, Compensation Clause, etc.,)

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

GlobalTranz

JULY 8, 2016

Maintaining the best possible fleet for your shipping needs requires vigilance and the tracking of specific measures across their performance. Yet, all metrics and scorecards are not equal, and you need to know what metrics should be included in your carrier scorecard. Get The Full List Here. Get The Full List Here.

Transportation Management 125

Transportation Management Transportation Resource Reduction Cost Reduction Strategies 125

Demand Solutions

DECEMBER 30, 2014

But regardless of whether you plan to read a book every week, go running every day at 6 AM, or finally put some money in your IRA, I believe the New Year is a perfect time to make some resolutions about your supply chain. And let’s say that we have seven line items in stock and can ship them complete. I say we all need to dig deeper.

Forecasting 190

Forecasting Supply Chain Planning Supply and Demand Scenario Planning 190

Supply Chain Shaman

JANUARY 31, 2022

The two most significant factors were a rise in time between the booking to gate in at the port, up 43%, and the ocean transit time, up 36%. Source E2open Shipping Index). As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. Focus on Cost. A Decline in Innovation.

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

The Logistics & Supply Chain Management Society

MARCH 14, 2023

Some examples of these would be the Xeneta Shipping Index, Freightos Freight Rate Index, Container Trade Statistics Price Index, and the Drewry World Container Index. In today’s commercial environ, we are quite fortunate in that these qualitative insights can often be reinforced with more quantitative data.

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. and “what is a reasonable range of rates for our company’s typical shipping scenarios?”.

Benchmarking 68

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 68

Supply Chain Shaman

FEBRUARY 7, 2022

The two most significant factors were a rise in time between the booking to gate in at the port, up 43%, and the ocean transit time, up 36%. Source E2open Shipping Index). As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. Focus on Cost. A Decline in Innovation.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

crisp

OCTOBER 20, 2022

In this guide, we’ll show you what metrics those are, easy ways to find them, and how you can use them to accelerate your brand’s retail growth. Now that you know how to access your retail data easily and often, here are the metrics you’ll want to keep on hand: Velocity. Retail data: A brand’s greatest asset.

Procurement Analytics 98

Procurement Analytics Inventory Reduction Data Waste Reduction 98

NC State SCRC

MARCH 25, 2021

By now many of you have heard about the “Ever Given”, which has been stuck in the Suez Canal since Tuesday, and is blocking all container ships trying to get through with their cargo. For many years, as we moved to low cost countries, the shipping industry benefited. It may take weeks, by some estimates.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Cargo Waste Reduction Material Savings 52

Talking Logistics

NOVEMBER 10, 2014

Time Slot Booking/Optimization (aka “Dock Appointment Scheduling”) Delivers Cost and Productivity Savings. For example, prior to implementing Time Slot Booking/Optimization at the company’s Pernis facility, there would be as many as 70 trucks waiting because they would all show up at roughly the same time.

Optimal Sourcing 170

Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software Optimization Software 170

Supply Chain Opz

MARCH 26, 2015

Most inventory control and operations management books tell people to choose a forecasting model that produces the lowest forecast errors. However, notation can be different from one book to the other but they follow the same logic. Then you have to be more specific which service level or fill rate metric you are talking about.

Inventory Reduction 113

Inventory Reduction Inventory Forecasting Manufacturing Procurement 113

Freightos

JANUARY 4, 2018

With 22,000 TEU mega ships exacerbating surplus capacity, the situation is unlikely to improve any time soon. For instance, in early 2017 , Maersk Line natively integrated with Alibaba, enabling online booking instead of the more traditional route of high-touch sales via a separate customer-facing platform. So I set out to change it.

Freight 137

Freight Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software 137

Talking Logistics

JULY 6, 2017

A reporter recently asked me how, in my view, the shipping industry would make money in the coming years. In the past, growth came from scale: mega-ships, port infrastructure, and buffer. The shipping industry is highly complex and nuanced; improving predictions requires a platform custom built for the logistics industry. .

Predictive Analytics Software 101

Predictive Analytics Software Logistics Network Optimization Software Forecasting Software Demand Planning Software 101

GlobalTranz

JULY 5, 2016

It was also evident that many folks wanted more information around KPIs and Metrics, as our top 5 included two posts from this sub-category. e-Book] The Ultimate Guide to Manufacturing, Supply Chain, Logistics, Transportation, & Freight Metrics & KPIs. Get Your FREE eBook Here.

Logistics Network Optimization Software 132

Logistics Network Optimization Software Logistics Supply Chain Design Software Modeling Software 132

The Logistics of Logistics

DECEMBER 19, 2020

Tech is the Game Changer for Truckload Shipping Communication with Mitch Violett. In his role as Principal Product Manager at Convoy, Mitch develops solutions that streamline the shipping process and improve communication. Key Takeaways: Tech is the Game Changer for Truckload Shipping Communication. About Mitch Violett.

Shipping 130

Shipping Waste Reduction Negotiating Skills Montana 130

Supply Chain Shaman

OCTOBER 8, 2019

No metric should be measured in isolation, and functional metrics should be replaced with the balanced scorecard metrics shown in Figure 2. To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability. 5 A Focus on Functional Metrics Throws the Supply Chain Out of Balance.

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

Freightos

JANUARY 4, 2018

With 22,000 TEU mega ships exacerbating surplus capacity, the situation is unlikely to improve any time soon. For instance, in early 2017 , Maersk Line natively integrated with Alibaba, enabling online booking instead of the more traditional route of high-touch sales via a separate customer-facing platform. So I set out to change it.

Freight 120

Freight Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software 120

Intelligent Audit

DECEMBER 15, 2020

Mike Griswold, Vice President Analyst at Gartner , had this to say about the value supply chain KPIs and metrics. Supply chain metrics provide the vehicle to ‘look at the results’ and gauge the effectiveness of an organization’s execution strategy. Damage Rates or Cargo Loss. Percent Invoices Paid Digitally.

Gartner 52

Gartner Supply Chain Software Supply Chain Optimization Supply Chain Strategy 52

Intelligent Audit

DECEMBER 10, 2020

That’s why shippers need to track shipping data and the supply chain KPI values that affect both throughput and financial stability. The so-called perfect order metric is the ideal supply chain KPI. But the metric shows how well a warehouse operates. On-time pickup and delivery are like the delivery on-time-in-full metric.

Supply Chain Software 52

Supply Chain Software KPI Supply Chain Optimization Supply Chain Strategy 52

Zipline Logistics

JANUARY 24, 2020

Delivering on-time and in-full is essential to success and a metric used by retailers when evaluating partnerships with vendors of all sizes. But first, let’s look at the background of OTIF metrics and why they came to be. OTIF metrics are not universal. OTIF Meaning and Background. OTIF means on-time and in-full.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Inventory Reduction How To 52

Supply Chain Shaman

FEBRUARY 23, 2015

As a country, I think that we need to rethink supply chain flows for chassis, drayage and the unloading of larger ships. I don’t think that the ports are up to the challenge of moving the high-levels of freight with larger ships without rethinking unloading space, equipment and flows. It takes 2 to 3 days to unload a ship.

Long Beach 150

Long Beach Los Angeles Supply Chain Design Software Supply Chain Design 150

Unleashed

MARCH 26, 2023

Xero’s native inventory features include: Track up to 4000 stock items Enter and review stock quantities Add items to an invoice You can use this information in conjunction with Xero’s regular accounting suite to compare different financial metrics. Seamless integrations. Powerful upgrade options.

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Analytics Software Forecasting Software 52

Logistics Viewpoints

OCTOBER 7, 2022

For those unaware of the term, shrink is an accounting term used to describe when a store has fewer items in stock than in its recorded book inventory. The goal is to reduce or avoid one billion metric tons (a gigaton) of greenhouse gasses from the global value chain by 2030. percent in the third quarter, down from 3.8

Logistics Network Optimization Software 184

Logistics Network Optimization Software Real Estate New York Logistics 184

Turvo

JUNE 12, 2020

In today’s world, anyone can start a business, grow into a successful broker, and work with the biggest names in shipping. Of course, these problems all lead to fewer bookings and worse profit margins, but a darker side remains. Maintaining a freight broker business and helping it stand out from the crowd is more difficult than ever.

Analytics Software 53

Analytics Software Analytics Expense Reduction Cost Reduction Strategies 53

Supply Chain Shaman

MAY 13, 2015

The flows are typically linear and the analysis is on alternate modes and best shipping lanes. I then pack my bags and scoot out the door to sign books and discuss the research completed for the S upply Chain Metrics That Matter book at the ISM event on Thursday, May 14th in Atlanta. We hope to see you there!

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Agile and Lean Supply Chain 150

Locus

APRIL 13, 2023

It connects with capacity-led slot bookings, helping them make full use of assigned fleets. This intelligent and flexible shipping solution helps businesses maintain consistent branded tracking and delivery experience while delivering with third-party carriers.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Optimization Software Analytics Software Supply Chain Planning Software 52

Resilinc

OCTOBER 11, 2022

But in his 2021 book “ Sense and Sustainability ,” Chaturvedi shows he’s an idealist as well as a realist. Chaturvedi: A major question is: What will happen when China is firing on all cylinders, shipping cost come down and COVID is receding in our rear-view mirror. In your book, you recount a conversation with a senior exec at a U.S.

Manufacturing Procurement 62

Manufacturing Procurement China South Carolina Mexico 62

Supply Chain Shaman

JANUARY 18, 2016

Traditional supply chains ship cases, pallets and trucks; but not the EACH. With the dawn of eCommerce, companies must now ship the EACH. We how have the endless aisle with the need to ship the EACH. Their processes cannot ship and track the EACH and the outsourcing to third-party logistics is too expensive. I think yes.

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Supply Chain Software Manufacturing Procurement 150

CargoBarn

JANUARY 23, 2019

Even shipping full truckload isn’t as cost-efficient as it used to be. Here are 10 ways you can save money on FTL shipping: 1. You have the most control over your own internal processes, that’s why streamlining how you and your logistics team works is low hanging fruit for saving money on truckload shipping. Increase Lead Time.

Supply Chain Planning Software 40

Supply Chain Planning Software Analytics Software Cost Reduction Strategies Capacity 40

Locus

OCTOBER 17, 2023

In his book, “Sports Analytics: A Guide for Coaches, Managers, and Other Decision Makers” Ben Alamar mentions that analytics enables sports organizations to ask more refined questions and help them find better ways to play the game. These metrics prove to be an early indicator of the future success of NFL players.

Cost Reduction Strategies 52

Cost Reduction Strategies Analytics Software Price Mitigation Strategies Supply Chain Planning Software 52

Supply Chain Shaman

JUNE 21, 2014

One of my favorite interviews on this topic, that I recently completed for my upcoming book Metrics That Matter , was with Amway’s Chief Supply Chain Officer George Calvert. In prestige beauty and nutritional supplements, the cost to ship the product is minuscule. Service level is our most important metric.

Case Study 282

Case Study Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 282

Locus

JULY 10, 2023

Read also: Retailer guide to peak season shipping But there’s a catch. And these insights aren’t just one-dimensional – they cover a wide range of metrics from SLA, fuel costs, and CO2 emissions to fleet usage and more. trillion by 2026. After all, a demo could prove to be a valuable use of your time.

Supply Chain Optimization 52

Supply Chain Optimization Real-time Visibility Optimization Software Agile and Lean Supply Chain 52

Supply Chain Shaman

JULY 29, 2013

” When I first started working on the book Bricks Matter , I believed it too. Which supply chain metrics correlate to market capitalization by Morningstar sector? In 2012, supply chain process evolution was thirty years old, and I wanted to use the book, Bricks Matter, as a litmus test to tell the story of success.

Supply Chain Planning Software 285

Supply Chain Planning Software Supply Chain Design Software Modeling Analytics Software 285

ShipBob

JANUARY 6, 2023

Report on important performance metrics. By automatically dispatching carriers, you can significantly expedite steps such as booking and tendering of freight. In general, transportation management systems are mostly used by businesses that need to ship and/or receive physical goods on a regular basis. Fleet/carrier management.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Supply Chain Network Software Forecasting Software 52