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? On-Time Shipping. Monitor Warehouse Capacity.

Top 10 Metrics to Track and Manage Risk in the Supply Chain – Part 1

Cerasis

Procurement teams continue to struggle with finding available suppliers and shipping capacity to enable supply chain responsiveness. The post Top 10 Metrics to Track and Manage Risk in the Supply Chain – Part 1 appeared first on Transportation Management Company | Cerasis. Under the current COVID-19 global pandemic, managing risk in the supply chain has taken on a renewed importance.

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

Cerasis

The Role of Transportation Management Data for Improved Carrier Relations In this episode Kevin and Cerasis’ Marketing Manager & “The Freight Project Podcast” host, Adam Robinson discuss how transportation management data aids shippers & carriers to forge fact-based, transparent partnerships to aid in beating a capacity crunch. Both shippers and carriers have historically used capacity swings in their favor to gouge the other.

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. will face shortages in trucking resources again , predominatly a trucker shortage, in the near future due to an array of developments that may cause shippers to find loads left on the ground, shipping costs rapidly escalating, and shrinking profit margins that stun stakeholders. Contributors to Capacity and Trucker Shortage. In 2014 utilization was 100% of capacity, a crisis phase.

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.

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.

Automation in the Warehouse: It’s All About Capacity

Veridian Solutions

Unfortunately, warehouse capacity around the country is tight, but available capacity is only being used at rates shy of 70 percent. How can warehouse capacity be both tight and utilized less than 100 percent? To answer that question, let’s go back to how the addition of automation in the warehouse changes the game and enhances the use of available capacity. A Guide to the Warehouse Metrics Supply Chain Execs Should Track.

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

Cerasis

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. Why collaboration between all entities in the shipping process is really the key to success in effective transportation management.

Are Your Manufacturing Metrics Meaningless?

synchrono

In any manufacturing environment, delivering what you promised when you promised is good business, so measuring this metric makes sense. However, as simple as this metric should be to measure, it can get complicated. Bob in sales promises a customer that their order will be shipped by the 15 th of the month. Making Manufacturing Metrics Meaningful Again. Orders can be shipped the next day with no extra effort. Guidebook: Metrics for Action Guide.

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. 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.

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. Be sure not to penalize or reward suppliers based on your choice of shipping method. Specific Quality Metrics. Capacity.

Stopping Shipping Shenanigans – The Value of Good Reporting in Your TMS

Supply Chain Collaborator

The large carrier had found a way to charge more than the contracted rate in this lane by declining the tender even though they had the capacity to move the load. Tendering Metrics. The post Stopping Shipping Shenanigans – The Value of Good Reporting in Your TMS appeared first on UltraShipTMS. How well does your TMS drive process improvement and efficiency in transportation logistics?

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.” The best practice, even speaking broadly, in the world of LTL shipping and most modes, is to have a multi carrier shipping mind set. 7) Using a Multi Carrier Shipping Transportation Management Solution. 8) Employing Carrier Relationship Management in Multi Carrier Shipping.

3 Technology Companies Disrupting Shipping

FLEXE

Basically, responsible for ocean freight carriers, ocean ships that rely on truck companies. If you use a model where you work with carriers or brokers, today…whether or not you’re working with carriers or brokers, it probably ends up a lot of the work is done by small trucking companies — that’s the vast majority of trucking capacity. Now all of this capacity is gone. So 7% of the capacity is now gone. MSC is interested to charter those ships.

The Better Goal: More Fuel Efficient Trucks or Using Fewer Trucks?

Talking Logistics

According to the press release : The proposed standards are expected to lower CO2 emissions by approximately 1 billion metric tons, cut fuel costs by about $170 billion, and reduce oil consumption by up to 1.8 Our network efficiency improvement equates to avoiding nearly 41,000 metric tons of CO2 emissions, the equivalent of taking about 7,900 cars off the road. Why aren’t more shippers engaged in collaborative shipping? Last Friday, the U.S.

Optimize Your Freight Spend Without Negotiation

Talking Logistics

With rising fuel costs, tight capacity, and driver shortages, rates are escalating faster than many companies expected or budgeted for. One area that can quickly yield benefits is in parcel shipping. For example, a company may be using two- or three-day express shipping to ship parcels over a short distance where they probably would have arrived in the same time using ground.

Fast Shipping Will Put Us on Fast Track to Environmental Responsibility

Multichannel Merchant

According to a Pitney Bowes study, an overwhelming 91% of consumers will leave a business when shipping isn’t free or fast enough for them. While these two trends may seem to conflict, the truth is that fast shipping, if correctly managed, can be a powerful tool for reducing a company’s carbon footprint and helping the fight against global warming. Free and fast are also the top two reasons shoppers choose a particular store, and younger shoppers value fast shipping above all else.

Top Logistics Terms to Know—A Supply Chain Glossary

Zipline Logistics

These are a la carte, or per service, and outside of standard shipping and receiving. Capacity — In trucking, the term refers to available trucks in any given market. Conceptually speaking, tight capacity translates into a more difficult market that is more challenging to find a carrier willing to complete an order. Conversely, loose capacity translates into an easier environment that is easier to find a carrier. Consignor — The originator of shipped products.

This Week in Logistics News (May 13-17, 2013)

Talking Logistics

Chainalytics Creates New Metrics for Demand Planning Consortium. In related news, Maersk downgraded its forecast for ocean shipping demand. It warned that capacity growth was outstripping demand after Maersk and others took delivery of new, massive ships such as the Danish group’s Triple-E container vessels, the largest in the world. . This Week in News Chainalytics cloud computing container shipping Descartes Systems Group HighJump Software Maersk NetSuite UPS

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

Cerasis

The role of technology providers as a partner to shippers and the role technology plays in aiding shippers to combat rising costs and find available capacity. The Great Capacity Crunch: The Current State, Future Outlook, and How Shippers Can Thrive in Any Capacity Crunch. 8 Big Factors to Consider for Efficient LTL Shipping. Transportation Metrics that Matter the Most for Shippers to Track to Improve Performance.

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Most Popular US Food Trends

Zipline Logistics

To determine the pandemic’s impact on US consumers, our team of CPG-focused logistics professionals analyzed the percentage change in shipping volume for several common household goods during a yearlong period from June 2019-June 2020. We saw an 84% decrease in order volume shipped.

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5 Ways to Prepare Your Supply Chain for an Efficient Holiday Rush

OneSCM

Smart supply chain directors collate and make sense of data metrics, using technology to eliminate data silos. Due to a shortage in drivers and capacity, truckload shippers’ rates recently jumped to historic highs. A prudent way to cut down on shipping costs is to consider Less Than Truckload (LTL) shipping versus Full Truckload. Ready or not, the holidays are coming.

2020 Requires Big Wings and Feet

Supply Chain Shaman

The organization, tightly capacity-constrained failed to forecast and build capacity ahead of market demand. 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. The two primary buffers in the supply chain are manufacturing capacity and inventory.

How Supply Chain Planning Can Create Profit in a Declining Market

ToolsGroup

They also cut inventory levels, grew sales and resolved capacity issues. In order to meet today’s service expectations for fine paper products, Mohawk’s customer service-level metric was changed from “order lines shipped complete within five days” to “order lines complete and available at time of order”. Despite this more demanding metric, customer-service levels increased from 85 to 93 percent in just six months with significantly fewer costly rush orders.

Reimagine Supply Chain of the Future – agile, resilient, and balanced – LogiSYM July 2020

The Logistics & Supply Chain Management Society

To create flexible and balanced supply chain organisation, it is necessary to integrate strategy, processes, metrics, and technology enterprise wide and across customers, suppliers, and service providers. Let me start with a quote from a great leader!!

Q4 2020 Freight Market Update: Preparing for 2020 Peak Season

Zipline Logistics

Tender rejections, a metric used to determine how much contracted freight is rejected and sent to the spot market, have been hovering around 25% for the past few months. This level exceeds conditions we saw in 2018—a year known for its capacity shortages.

The Story Continues…. Let’s Don’t Sugar Coat the Real Issue

Supply Chain Shaman

port capacity and are critical for Asian trade. 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. Today, the number of chassis required for a ship is between 2,000 and 5,000.

Effectively Manage Foodservice Supply Chains During Disruptions

CH Robinson Transportfolio

Every decision becomes more impactful based on these metrics. By aligning elements of a supply chain to various geographies, it’s simple to drive efficiency and reduce shipping timelines. With foodservice providers shuttered, it’s been an uncertain year for many.

The Top Logistics Blogs of 2016 …So Far

Cerasis

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. Take a look at how a business can use technology, metrics, and services to improve transportation processes, which range from supplier shipping to route optimization.

The Top 5 Transportation Management Blogs of 2016 …So Far

Cerasis

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. The Top 10 Most Common LTL Shipping Mistakes Made by Shippers. According to Joe Lynch , shippers face many challenges and problems in LTL shipping.

What Less-Than-Truckload Data Should a Shipper Track?

Cerasis

How do shippers know if their carrier selection process for less-than-truckload (LTL) shipping is working? Knowing the proper metrics and data points to track promotes cost-effective shipping practices and can improve vendor, carrier and consumer relationships, reports Merrill Douglas of Inbound Logistics. Unfortunately, there are thousands of less-than-truckload data points shippers can track, but the most prominent indicators include these LTL metrics.

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How Can Supply Chain Leaders Use Big Data as a Tool to Continuously Improve?

Cerasis

Transportation modes used in procurement and shipping. In other words, consumers can get practically anything they want at a moment’s notice, and more consumers are expressing a willingness to wait for a product a few days if free shipping is a possibility. Mostly, this reflects the skills and actual working capacity of employees.

The emerging shape of recovery

SupplyShift

Of the companies surveyed since March, 43 percent reported that they were running at 81-100 percent of capacity, and 14 percent reported that they were actually operating at more than 100 percent of capacity. For suppliers that did report lowered capacity, the three main reasons cited were government-mandated shutdown, reduced demand, and supply chain disruptions from their own suppliers. The economic impacts of the COVID-19 coronavirus were swift.

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How Slotting Optimization Technology Fosters Strategic Improvement for Distribution Centers

Cerasis

Today, warehouse managers face an endless battle with a growing number of products and limited storage capacity, and among distribution center managers, the challenge of warehouse slotting is even more difficult. Customers now expect free, fast shipping from retailers, and regardless of where your distribution center is located, your customers want what they order as soon as possible. The days of re-slotting and warehouse at the time of its creation have ended.

Four Ways a TMS Solution Leverages Predictive Analytics

Supply Chain Collaborator

Avoiding the Pain of Seasonal “Swings” | Peaks and valleys in shipping volume are nothing new. Patterns revealed by the analysis of historical data are useful in lining up carrier capacity ahead of time as well as determining optimal timing for allocation to secondary and tertiary carriers. Think of it as hedging bets by preemptively establishing secondary rates with primary carriers – based on accurate predictions of seasonal capacity constraints.