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Creating a data-driven supply chain tracking important transportationmetrics helps shippers respond and adapt as quickly as possible to known and unknown events. Why Monitor TransportationMetrics. Transportationmetrics provide visibility that helps drive operative and competitive advantages.
The Logistics Data Challenge The logistics sector is awash with data, from shipment volumes and freight rates to sustainability metrics and supplier performance. By focusing on purpose-driven data, companies can avoid wasting resources on metrics that are not utilized. Prioritize Critical Data Sets Not all data is equally valuable.
We trudge on with our top posts from our main blog categories by page view for all of 2014 from the Cerasis blog by featuring another area Cerasis is an expert in: Transportation. These tips include how you yourself can better manage your transportation department and maximize resources. Read the Full Blog Post.
Transportationmetrics saw little change in May as capacity, utilization and pricing remained in expansion territory, according to a monthly survey of supply chain professionals. reading for transportation capacity during May, which was roughly in line with April. SONAR: Logistics Managers’ Index (Transportation Prices).
Last mile e-commerce, last mile technology, last mile metrics and white glove services make standard shipping conversations seem like child’s play, and the new focus on the last mile is anything but. Leveraging Metrics, Shippers Find Better Ways to Excel at Customer Service and Last Mile Services.
When it comes to executing mode-specific freight moves from origin to destination efficiently, reliably, and cost-effectively, transportation execution and visibility solutions play a critical role. Transportation execution solutions allow shippers to connect to multiple carriers and then tender, track, and pay in the system.
Furthermore, some data may be of minimal use without comparison to and identification of trends and collaborations between data from other transactions within a given warehouse or transportation system. Download the KPIs E-Book by Filling out the Form Below! Businesses are often left with questions about the origination of such data.
The company dynamically positions inventory within its fulfillment network using projected demand heat maps and transportation cost models. API Exposure and Integration Security Modern logistics depends heavily on APIs, for shipment booking, status updates, customs clearance, and document exchange. OAuth2), and throttling.
Today's post will cover the top 5 Transportation Management blogs from 2016 so far. Top Transportation Management Blogs from the First Half of 2016 So Far. The transportation management blogs category most top viewed blog posts from the first half of 2016 included several elements of the transportation management.
We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. Reward teams for cross-functional metrics. What did we find?
The focus of the transportation suites was on cost mitigation and price negotiation. More and more cargo shifted to ocean transport until the container imbalances resulted in issues with “rolling the freight” from ship to ship despite confirmed bookings. Watermelon Metrics Don’t Drive The Right Results.
Movement solves for this by empowering AI agents to clean data, then communicate and act at the operational level, including booking shipments and performing complex reroutes, all while keeping stakeholders informed. This extensive connectivity has resulted in impressive metrics: 1.2
We’ve compiled a list of 10 great supply chain analytics books to help you better understand the concepts and strategies behind this vital business field. From foundational reads to more advanced topics, these books will help you start your journey into the world of supply chain analytics!
Integration of corporate social responsibility metrics in planning. Most often the focus is on transportation or logistics, but does not take into consideration the trade-offs between make, source and deliver. Use of third-party data for transportation lane and drayage times by day/time of week. Functional metric orientation.
Customers use their modular, SaaS solutions to route, schedule, track, and measure delivery resources; plan, allocate and execute shipments; rate, audit, and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes.
Today, I spoke at the Chief Supply Chain Officer conference in Chicago at the Eye for Transport event on the results of the research. It will be nice to be home and to have time to write on this second book, Metrics that Matter. The only industry that has made progress in inventory management is consumer electronics.
We kick off today a month-long focus on trends in the following categories: Manufacturing, Manufacturing Technology, Supply Chain, Logistics, and Transportation Management. 3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance. Read More About the Metrics for Supply Chain Here.
This week, at Supply Chain Insights LLC, we published our 11th report in the series titled Supply Chain Metrics That Matter. When companies look at singular metrics (labor costs or inventory), they have moved backwards. Aligning metrics matters. Functional metrics in isolation degrade value.
FreightWaves has announced that Leland Miller, CEO of China Beige Book International, will deliver a keynote address at the upcoming Future of Freight Festival (F3) this November. At the heart of Miller’s work is the China Beige Book, a groundbreaking data analytics platform modeled after the U.S.
Transportation Management Data Insights Lead to Collaboration, Reduced Shipping Costs, & Beating the Capacity Crunch In this “The Freight Project Podcast” episode you’ll hear : The value to a business to have an executive in charge of driving change and innovation. Transportation Management Data Downloadable Resources.
With the amount of transportation management data each has access to now, along the coming tsunami of data that will be hitting the market over the next few years both shippers and carriers realize transparency is good. Transportation Management Data Resources. Download E-Book. We hope you enjoy! GET YOUR FREE WHITE PAPER.
Are you looking for logistics management books? In this article, we will show you 5 books that'll help you learn logistics faster than any other logistics book. Logistics Book Ranking Factors To provide the book recommendations, first, we collect the name of the books that appear on Amazon.com.
They all involve a degree of outsourcing transportation functions, whether that’s supply chain cybersecurity management or white glove services , and technically, all 4PLs and 5PLs exist as 3PLs too. Among the services which they provide are transportation, warehousing, cross-docking, inventory management, packaging, and freight forwarding.”.
Moving forward, BASF is working on different projects to improve end-to-end supply chain visibility, like track and trace for products from BASF to end users and transport visibility. Time Slot Booking/Optimization (aka “Dock Appointment Scheduling”) Delivers Cost and Productivity Savings. Reduced demurrage costs (saved 75K€/Y).
Today, is day two of our annual year-end series highlighting the top blog posts in each of our 5 main categories: Manufacturing , Supply Chain , Logistics , Transportation Management , Freight. e-Book] The Digital Supply Chain: The Landscape, Trends, Types, and the Application in Supply Chain Management. [e-Book]
BONUS: Download the Ultimate Guide to Transportation Reverse Logistics White Paper. Importance of Metrics in Reverse Logistics Management. To monitor progress against its reverse logistics management plan, a company needs metrics that measure the financial impact of returns on the firm and on other members of the supply chain.
When it comes to the logistics industry, whether it's transportation management contracts or warehouse contracts, there are a million moving parts, and as many questions. And our client engages with 3PL by open book cost plus contracts and gain share and pain share incentive. Customer metrics. Who doesn't love a good contract?
Analysts point to the steep decline in orders for new transportation equipment as evidence that manufacturers are seeing weakness. In reality, it may not be softening demand at the root of manufacturers’ slowdown in the bookings for new trucks, trailers and other equipment. No fewer than three major transportation hubs in the U.S.
Visibility also gets worse in the absence of a single transportation platform to manage disparate delivery modes. Blending Traditional + Customer-focused Metrics. Leading retailers are starting to combine traditional delivery metrics (e.g., Uncovering the Potential of Dynamic Booking. Prioritizing Customer Choice.
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.
For shippers, culture and behavior have to change to apply Lean Transportation thinking. The “Them (company leadership) versus Us (shop floor associates)” mentality also needs to change for Lean Transportation to " WE. The 8 Rights To Achieve Lean Transportation Practices. Transportation takes time.
Last week, after booking an additional $1B in unexpected supplier costs in the third quarter, the CFO led the company’s focus on restructuring to “support efficient and reliable sourcing of components and internal development of key technologies and capabilities.” COVID impacts also continue. Don’t Be Like Ford.
Sitting waiting for a confirmed booking.) We Assumed that Transportation Would Always Be Available And That We Just Needed to Negotiate Price. Over the past decade payments to transportation carriers from shippers increased from net 30 to net 60 moving to net 90 in 2019. This is unprecedented time.
I believed that we would find a company with the lowest distribution costs (warehousing and transportation), and the lowest manufacturing costs, and this would result in the best overall cost structure. This starts by clearly defining the roles of each function, and then focusing the cross-functional teams on the same metrics.
To understand supply chain excellence, Abby and I have been studying pattern recognition for industry peer groups at the intersection of the metrics in the Supply Chain Effective Frontier of growth, profitability, cycles and complexity. Publication of our next book. This analysis has been fun and insightful. Why do we need a new Index?
On today’s episode we welcome Andrew Lynch, Co-Founder & President of Zipline Logistics, an award-winning logistics service provider that specializes exclusively in the transportation of retail consumer goods and food and beverage products. Capacity & Carrier Metrics Resources to Download. Download E-Book.
Teresa spends a bulk of her time recruiting the top talent in the transportation technology & solutions world, and as you’ll hear, a whole lot more. Why company culture is something that shippers should ask about when looking to hire a transportation management partner like Cerasis. Download E-Book. Download E-Book.
So this section will explain some characteristics of Apple Supply Chain through various metrics and compare them with Amazon Supply Chain. Supply chain professionals also use this metric in inventory management function. In the United States, transportation cost is the big portion of total logistics cost. Inventory Turnover.
I also think that Quintiq’s leadership in concurrent planning to solve new problems is promising, especially in the design of transportation and inventory flows. For example, we discovered that transportation and duties are 5x the expense of labor and overhead. Service level is our most important metric. Is it labor?
He is an industrial engineer with a diploma in transportation and logistics from the University of Applied Sciences in Bremerhaven. Over the period of 2009-2015 only 88% of companies made improvement on the “Supply Chain Metrics That Matter.” (The Value, i.e. Price to Tangible Book Value (PTBV). Performance.
This is in part due to the fact that as a third party logistics company, focused on efficient and strategic transportation management solutions through technology and services, it is vital for us to educate our shipper customers and our team in order to continually improve and always provide value. .
The Top 10 Transportation Management Systems. Each year as businesses of every size and industry fight to broaden market share the same old questions haunt the boardrooms, “How can we reduce transportation costs? Transportation Management Systems. JDA Transportation Manager. How do we streamline our supply operation?”.
3-9% reduction in transportation costs as a percentage of sales (overhead costs and profitability). To achieve Stage 5, S&OP must be “a fully integrated business planning forum… (where) metrics are value-based and aligned across the network and enterprise to support the required trade-offs.”.
For most companies, greater economy of scale is possible through the global management of procurement and transportation and local management of sales, manufacturing and customer service. I shared the recent research on how an effective S&OP process improves Market Price to Tangible Book Value. Be Clear on Definitions.
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