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. Additionally, the use of metrics fosters positive relationships with coworkers and adherence to rulesets and best practices for the respective third-party logistics provider (3PL). What Distribution Center Metrics Need Tracking? Monitor Warehouse Capacity. Identify Peaks in 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.

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[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. And, new regulatory changes establishing no less than twenty new rules, each either already in effect or in the process of enactment, will further impact capacity throughout the U.S. In 2014 utilization was 100% of capacity, a crisis phase.

Top 5 Metrics & Benchmarks To Measure In Pickup & Delivery Logistics

Abivin

Managing your business operations would be challenging without proper metrics and data analytics. Below are 5 significant metrics in Pickup & Delivery Logistics that any company can use to measure their performance in meeting initial goals. This is a measurement of freight carrier performance and its effect on your operations and customer service. Perfect Shipment Measurement This metric can also be called Perfect Order Measurement.

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. In today’s post, Chuck will take it a step further and break down metrics and issues to look out for by 5 main industries: Pharmaceuticals. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site.

Preparing Your Supply Chain for Capacity Challenges

Transplace

Preparing Your Supply Chain for Capacity Challenges. And while capacity has loosened in the first half of 2019, the spot market is still well above the levels seen in 2015, 2016 and even early 2017. In this current environment, a capacity crunch can truly rewrite the rules of the game—making it critical to be prepared in advance. This allows both parties to plan appropriately and flex when the capacity market fluctuates. Data, Metrics and Communication.

Top 5 Metrics & Benchmarks To Measure In Pickup & Delivery Logistics

Abivin

Managing your business operations would be challenging without proper metrics and data analytics. Below are 5 significant metrics in Pickup & Delivery Logistics that any company can use to measure their performance in meeting initial goals. This is a measurement of freight carrier performance and its effect on your operations and customer service. Perfect Shipment Measurement This metric can also be called Perfect Order Measurement.

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.

Top 5 Metrics & Benchmarks To Measure In Pickup & Delivery Logistics

Abivin

Managing your business operations would be challenging without proper metrics and data analytics. Below are 5 significant metrics in Pickup & Delivery Logistics that any company can use to measure their performance in meeting initial goals. , This is a measurement of freight carrier performance and. This metric can also be called Perfect Order Measurement. Smaller metrics can either be measured separately or rolled into one longer-spanning metric.

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. . Bringing Freight Online In The Carrier Space. Carriers literally do the heavy lifting in international freight. Customer management can be expensive and hands-on, especially in an error-prone industry like freight.

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.

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. . Bringing Freight Online In The Carrier Space. Carriers literally do the heavy lifting in international freight. Customer management can be expensive and hands-on, especially in an error-prone industry like freight.

How Quickly Things Change: April Freight Market Index Commentary

BluJay Solutions

Guest commentary by Mike Mulqueen, JBF Consulting – as provided for the April 2020 Freight Market Index report. Before looking into BluJay’s quarterly metrics, JBF Consulting and BluJay want to recognize the devastating impact of COVID-19. The impact of COVID-19 was not felt until March and initially, the result was a surge in freight volumes as consumers stocked up in preparation for quarantine. The Sensitivity of Freight Transport to Economic Volatility.

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.

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. 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. Forty years ago as a chemical engineering student, I learned the tedious craft of chemical plant design.

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.

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.

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. does not match the extreme levels of capacity tightness (above 65) experienced in late January and early February, the Van Barometer has been well above equilibrium (50) since June 2017, and it is expected to rise further before the end of the quarter.

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.

[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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Q4 2020 Freight Market Update: Preparing for 2020 Peak Season

Zipline Logistics

The past three quarters have been anything but typical for the freight market and the domestic economy at-large. The arrival of COVID-19 sent freight volumes skyrocketing to keep up with panic buying at retailers nationwide. What Is Driving the 2020 Freight Market?

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. We worked with DAT data scientists to develop this set of barometers that measure the pressure of demand relative to truckload capacity in the spot market.

Freight Transportation: From Lucy with the Football to a Precarious Equilibrium

BluJay Solutions

Freight transportation professionals have become so used to the abnormal that normal times seem a bit unusual. GDP growth, along with implementation of the Electronic Logging Device mandate, led to a “Shipper Armageddon,” as demand for transport services far outstripped capacity. Freight budgets were blown as shippers scoured the Earth looking for carriers to haul their goods. Click here for more information or to subscribe to the Freight Market Index report.

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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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Freight Market Index: Transportation Market Insight To Thrive Beyond Today

BluJay Solutions

As we kick off 2020, financial and freight industry analysts are busy reading the TL market tea leaves. Freight operations that were unable to effectively manage through the recent turmoil have left more than a few careers in tatters. A careful inspection of the BluJay Freight Market Index (FMI) report shows that shippers who develop operating plans that don’t take into account the realities of the trucking cycles are putting their businesses at risk.

IMO 2020 is Here. Are You Ready?

Supply Chain Game Changer

Under this regime, the primary responsible party in the freight market will be the vessel owner or operator. million metric tons annually. New fuel will likely cost more than current bunker fuels and fuel surcharges will likely be added by carriers & its expected to increase freight rates by at least 15% to 30% in 2020. will also need to update freight tariffs accordingly. Near term concern: Capacity issues in Q3 and Q4 will outweigh the surcharge.

[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.

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. Get Air Freight Dynamic. In the 1970s, it became clear that that passenger travel prices and capacity fluctuate radically. Get Air Freight Connected. Get Air Freight Customer Facing.

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‘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. In Part 1 , I wrote about company culture and making decision trade-offs using metrics, alignment of objectives, and the need to measure past, present and future performance. Recognize achieving the optimal goal for each metric requires trade-offs.

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. Fortunately, data analysis allows Warehouse Managers to gain the insights necessary to create metrics to track performance, which are also known as key performance indicators (KPIs).

‘Digital Freight Matching’ Isn’t a Product— It’s a Strategic Methodology

Parade

As freight brokerages look to leverage technologies, automate grunt work, and streamline operations, we hear references such as “Buying ‘digital freight matching’.” Unfortunately, this reference to ‘digital freight matching’ as a ‘product’ is too simplistic. Because every freight brokerage has a different mix of fulfillment opportunities, and each load opportunity has unique requirements, challenges, and execution models.

‘Digital Freight Matching’ Isn’t a Product— It’s a Strategic Methodology

Parade

As freight brokerages look to leverage technologies, automate grunt work, and streamline operations, we hear references such as “Buying ‘digital freight matching’.” Unfortunately, this reference to ‘digital freight matching’ as a ‘product’ is too simplistic. Because every freight brokerage has a different mix of fulfillment opportunities, and each load opportunity has unique requirements, challenges, and execution models.

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. To hear more of Donald Broughton's insights, attend his keynote session on "Threat vs Opportunity in the New Freight Economy" at the DAT User Conference.

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. . Walmart’s On-Time, In-Full (OTIF) policy, for example, combines on-time delivery measurement with order fulfillment metrics to determine overall compliance. Access to capacity. Freight