The Most Important Distribution Center Metrics to Track and Understand

Cerasis

Throughout the supply chain, the use of metrics to track and understand processes provides an invaluable resource for ensuring increased production and customer satisfaction. What Distribution Center Metrics Need Tracking? Monitor Warehouse Capacity.

[PODCAST] Why Shippers Looking for Capacity & High Service Levels Need the Right Carrier Mix & Logistics Fundamentals Focus

Cerasis

Hello and welcome back to another episode of “The Freight Project Podcast!” We hope you enjoy “The Freight Project Podcast.” We’ll publish every Tuesday right on the Cerasis blog and Freight Institute. In this “The Freight Project Podcast” episode you’ll hear : How in the retail space it is vital that marketing, sales, and the supply chain & logistics teams collaborate to achieve shared goals of consistent logistics.

[PODCAST] Why Transportation Management Data Has Carriers & Shippers Forging Collaborative Relationships to Beat the Capacity Crunch

Cerasis

Hello and welcome back to another episode of “The Freight Project Podcast!” We hope you enjoy “The Freight Project Podcast.” We’ll publish every Tuesday right on the Cerasis blog and Freight Institute. Both shippers and carriers have historically used capacity swings in their favor to gouge the other. We hope you enjoy this very first episode of The Freight project podcast!

Where have all the Truckers Gone? 10 Strategies for Shippers to Fight the Capacity and Trucker Shortage

Cerasis

Transportation capacity problems have been a volatile issue over the past twenty years or so. Contributors to Capacity and Trucker Shortage. The 2014 winter weather triggered a trucking capacity problem. In 2014 utilization was 100% of capacity, a crisis phase.

Metrics and Issues to Consider in SQM (Supplier Quality Management) By 5 Big Industries

Cerasis

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Review of SQM Metrics and Issues Across 5 Core Industries. #1:

Optimize Your Freight Spend Without Negotiation

Talking Logistics

Companies across all industries are dealing with rising transportation costs and a key question many CEOs, CFOs, and supply chain executives are asking is, “What can we do to better manage and control our freight spend in today’s market?” Rising Freight Spend . With rising fuel costs, tight capacity, and driver shortages, rates are escalating faster than many companies expected or budgeted for.

7 Ways to Strategically Elevate Freight Procurement

Talking Logistics

Transportation has followed the same evolutionary pattern, moving upstream from day-to-day freight transactions to an integral component of top-level corporate planning and procurement strategy. Smaller companies have lean shipping departments and are often focused on moving product with little time and energy remaining to negotiate contracts and analyze freight spend. Disaggregate freight spend data. When analyzing freight spend, the devil is in the details.

The Digital Freight Ecosystem Part 2: What’s Bringing Freight Online

Freightos

The Digital Freight Ecosystem. Part 2: What’s Bringing Freight Online. In the first part of this article , Dr. Schreiber observed that freight is still largely offline and examined why freight digitalization has been so complicated. . Freight Market Intelligence.

Spot Tendering: Are You Prepared for Capacity Shortfalls in Your Transportation Operation?

Supply Chain Nation

With the recent hurricanes that have hit Florida, Texas and Puerto Rico, we’ve seen another practical example where assumptions on carrier capacity are challenged at inopportune times. Large corporations are also hedging on securing capacity, creating more capacity challenges in the marketplace. For example, major retailers have recently started to secure large amounts of capacity to ensure they can deliver goods from mid-November through Christmas.

21 Vendor Metrics Your Supplier Scorecard Might be Missing

Supply Chain Cowboy

But is your scorecard missing key metrics? It includes a free Excel template that you can modify to match exactly what metrics you want to measure. While some of these metrics might not apply to your business model, there’s definitely a few to add if they measure something important to you and your customers. Of course, you’ll want to be courteous and professional with your feedback, but being open and honest with this metric can go a long way to solving problems between you.

Wanted: Supply Chain Architects!

Supply Chain Shaman

This analysis is ad-hoc is usually stimulated by the launch of a new product or a shift in capacity. This work is typically periodic to accompany a freight bid or an end-to-end project.

Capacity Imbalance Persists in April: DAT Freight Barometers

DAT Solutions

Capacity constraints for vans loosened seasonally in April, but there are still many more trucks than loads available in most parts of the country. That's my main takeaway from the Dry Van Freight Barometer for April. Above is a summary of the DAT Freight Barometers for April.

5 Easy-to-Use Ways to Monitor Supply Chain Health

Talking Logistics

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? How much are you spending to move 100 pounds of freight? These are examples of metrics that may or may not support your goals.

[PODCAST] Tips for Shippers to Reduce Missed Pickups & In-Transit Freight Problems

Cerasis

Hello and welcome back to another episode of “The Freight Project Podcast!” On today’s Podcast episode Cerasis welcomes our very own Freight Desk Manager, Chris Longner. The Cerasis Freight Desk takes care of all of shipper customers’ inbound and outbound routing services. We hope you enjoy “The Freight Project Podcast.” We’ll publish every Tuesday right on the Cerasis blog and Freight Institute. Beating the Great Capacity Crunch.

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Demand Still Exceeds Capacity for All Trailer Types: DAT Barometers

DAT Solutions

All three modes of truckload freight are reflecting an environment in which demand exceeds capacity by a wide margin. Get deep insights with business intelligence based on historical truckload pricing trends, plus demand and capacity data to help you make better business decisions.

Multi Carrier Shipping: 8 Ways to Avoid the Shortsightedness Of Chasing The Least Cost Carrier

Cerasis

When you are looking to choose a carrier when it is time to ship your freight, it might seem obvious to go with the carrier that provides you with the lowest “sticker price.” You have to think about several factors beyond just the freight rate.

Air Cargo Tech Is Falling Behind. It Doesn’t Have to.

Freightos

It was made possible by a foundation of pricing and capacity automation dating back to Sabre’s reservation system in the ‘60s. JOIN OVER 1,000 TOP FORWARDERS AND CARRIERS AUTOMATING AIR FREIGHT. DISCOVER AIR FREIGHT SOLUTIONS. Get Air Freight Standardized.

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[PODCAST] How Shippers Can Compete Against Rising Transportation Costs & Competition Using Data

Cerasis

Hello and welcome back to another episode of “The Freight Project Podcast!” On today’s episode we welcome Hannah Testani, Chief Operating Officer of Intelligent Audit , a global logistics and freight audit company. We hope you enjoy “The Freight Project Podcast.” We’ll publish every Tuesday right on the Cerasis blog and Freight Institute. We hope you enjoy this very first episode of The Freight project podcast!

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[PODCAST] Why Logistics Execs Who Glean Insights from Transportation Management Data Collaborate More & Reduce Shipping Costs

Cerasis

Hello and welcome back to another episode of “The Freight Project Podcast!” We hope you enjoy “The Freight Project Podcast.” We’ll publish every Tuesday right on the Cerasis blog and Freight Institute. We hope you enjoy this very first episode of The Freight project podcast! The Ultimate Guide to Manufacturing, Supply Chain, Logistics, Transportation, & Freight Metrics & KPIs.

Managing E-Commerce Fulfillment Spikes With Data Analysis

Cerasis

The capacity crunch continues, and the ELD mandate has lowered the number of trucks available. Lackluster insight into freight spend and poor freight management controls.

DAT Freight Barometers: Expect contract rates to rise

DAT Solutions

In all three modes, the DAT ® Trucking Freight Barometers are continuing to demonstrate three basic trends: Demand that exceeds capacity by a wide enough margin to drive spot and contract prices higher. There is less freight to be moved.

6 ways CargoBarn helps shippers protect their bottom lines

CargoBarn

As capacity remains tight, carriers can afford to be increasingly selective about which shippers they choose to work with and the type of freight they take on, slapping rate increases on shippers they deem “difficult,” or avoiding their freight altogether. . Access to capacity.

DAT Freight Barometers: Contract rates will rise more slowly in 2019

DAT Solutions

Capacity is becoming more available, as small fleets have mostly adjusted to electronic logging device (ELD) and strict enforcement of the Hours of Service rules. The metric for flatbeds came in at 59.1 Spot market rate trends follow the DAT Flatbed Freight Barometer.

DAT Freight Broker Benchmark: 41% More Load Volume Yields 78% Higher Revenue

DAT Solutions

Monthly revenue rose 78% for freight brokers in May on a 41% increase in load volume, to set new records for those two metrics. High demand and tight capacity continue push truckload rates higher, so margin compression could be an ongoing factor in the coming months.

‘Best in Class’ Supply chain from a Road warrior perspective – Part 3

Kinaxis

Which metrics are most important? Everyone would agree that the big buckets of metrics are Service, Revenue, Inventory (Cash), and Cost, which support your company’s strategic goals. Recognize achieving the optimal goal for each metric requires trade-offs.

Network Optimization – What are your Success Criteria?

Supply Chain Game Changer

On top of that we had a lot of excess capacity. Capacity can me measured in many ways. Capacity – Space, Time, Equipment. Benchmark metrics (eg. profitability, cost/square foot, capacity utilization). Subscribe Here! Email Address.

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Guest Blog Part 2: Start Your eKanban Implementation with Value-stream Mapping and Engaging Your Suppliers

synchrono

As a result, they reduced their over-time costs and were able to increase capacity without added expense. Beyond the pilot program, it’s time to start measuring progress toward what you set out to accomplish – and the metrics that will influence those outcomes. Freight costs.

6 Trends to Make Supply Chain Managers the Heroes of Their Company!

Supply Chain Game Changer

Supply chain managers refocus their efforts to increase adherence to perfect order metrics and leverage marketing capabilities and capacities to their fullest potential. Logistics #Freight #SCM #SupplyChain #Business #Leadership #HumanResources. Subscribe Here! Email Address.

The Most Popular 16 Transportation Blog Posts from 2014

Cerasis

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?

Logistics Past, Present, and Future

Supply Chain @ MIT

While reliable service and low prices are still important, these metrics have become prerequisites for commercial success. Another determinant of competitiveness, freight network density, is also a function of scale. Logistics on the move.

10 Ways You Can Save Money On FTL

CargoBarn

Let’s face it, freight costs are rising as a result of the capacity crunch and driver shortage. The supply chain is one of the largest cost centers for any business, so finding ways to save on truckload freight is a top priority.

10 Ways Effective Transportation Management Drives Competitive Advantage

Cerasis

Transportation management is no longer a tactical approach to simply moving freight and doing it at the lowest possible cost. As we head towards what many experts are citing as a 2017 carrier capacity crisis and growing demands from consumers to keep them happy call for shorter delivery cycles, the traditional strategy of procurement cost saving and shipment consolidation opportunities have to be supplemented through innovative solutions, to deliver the best bang for the buck.

Stories of Supply Chain Leadership: An Interview with Joan Motsinger of Seagate

Supply Chain Shaman

We then rated companies on their ability to manage and improve a portfolio of metrics: operating margin, inventory turns and Return on Invested Capital (ROIC). What suppliers need help with cost (LEAN, labor, freight,…)? Flexibility: Utilization of Capacity.

Takeaways from Descartes Evolution 2019

Talking Logistics

This was not a trivial transition because the software industry, until relatively recently, was long fixated on measuring its health and success by new license revenue (sales of products) instead of customer-centric metrics, such as realization of ROI and payback objectives.

Digitized Trucking: Turning The Logistics Value Chain Upside Down

Cerasis

Imagine that you own a truck and you receive an order from a soft drink manufacturer in Missouri to transport around 5000 kilograms of freight. Certainly, Yes and that is, filling up the wasted capacity. . Freight Technology Transportation

The Top 10 Supply Chain Blog Posts from 2017

Cerasis

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. Omnichannel Supply Chain Metrics: What Should Supply Chain Leaders Measure?

Is Inventory Waste or an Asset?

Supply Chain Shaman

While forecast accuracy, if used well, can reduce safety stock, what I find in the study of the global multi-national is the rise of cycle stock due to increased item complexity, and the increase of in transit inventories due to longer freight lanes and longer cycles in ocean transportation.