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

Cerasis

What are some not so commonly known tips, as it relates to be more carrier friendly, that shippers should focus on to find capacity during this capacity crunch. Listen to “Why Shippers Who want to Find Capacity & Keep Service Levels High Must have the Right Carrier Mix & Focus on the Logistics Fundamentals” on Spreaker. Capacity & Carrier Metrics Resources to Download.

Last Mile Metrics: 11 Metrics to Measure in Last Mile Logistics

Cerasis

Using technology to improve last mile metrics is essential to driving last mile costs down, but how do shippers know if the technology is helping or hurting? Essentially, shippers need to track these 11 metrics. On-Time Deliveries Are King of Last Mile Metrics.

Elephant in the Room: Thoughts on Metrics That Matter in Semiconductor and Hard Disk Drives

Kinaxis

Supply Chain Insights recently published a Metrics That Matter report covering both the Semiconductor and Hard Disk Drive (HDD) industries. Semiconductor is poised to consolidate, which will have huge impact on the metrics. by CJ Wehlage.

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

Much to my chagrin, when I entered into the world of supply chain, the processes of source, make and deliver were usually not designed. Instead, I think that it needs to be holistic to balance the trade-offs of source, make and deliver together.

7 KPIs Your Procurement Team May Be Ignoring!

Supply Chain Game Changer

During sourcing projects, compliance is a valued attribute from the side of a supplier. Begin to track the responsiveness and capacity of a supplier to respond to demands, especially when the demands are urgent. procurement #purchasing #metrics #highperformance. Subscribe Here!

Renegade Riposte

Supply Chain Shaman

After, I explained this, I granted Peter permission for the council to use the Index (the use of the Supply Chain Insights content follows the principles of open source), I then said to Peter, “I am glad that you called.

Gartner’s Five-Stage Maturity Model for Supply Chain Analytics

ToolsGroup

They cite manufacturers and retailer benefits such as 20% reduction in inventory, 10% improvement in customer service levels, 10% increase in revenue, and 25% increase in available capacity. Data comes from public and unstructured sources and the IoT.

Overcoming obstacles to integrating finance with supply chain operations

Kinaxis

IBP helps achieve key performance indicators (KPIs) like sales, customer satisfaction, inventory level and other metrics outlined in the strategic plan. Linking financial metrics (revenue, margin, cash flow, etc.) by Alexa Cheater Using integrated business planning can help.

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). We are targeting much improved end-to-end planning in response to multiple demand sources.

Analysts Support a Single Model for Sales and Operations Planning

ToolsGroup

With a single version of the truth, planners can model scenarios for S&OP meetings, so stakeholders from sourcing, manufacturing, logistics, sales, and finance can assess the options and trade-offs.

S&OP 197

The Sensing + Intelligent + Social Supply Chain: Why do you need it?

Kinaxis

At the time, they represented big improvements in planning capacity. Planning delays lead to higher inventory levels, lower capacity utilization, and subpar on-time delivery performance. Functional metrics, tied to just one department, often conflict with those of other teams.

10 Ways Effective Transportation Management Drives Competitive Advantage

Cerasis

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. Additionally, some level of predictability helps in the carrier sourcing aspect of the business too.

The Case for Less Silos, More Intelligence in Supply Chain Management

Talking Logistics

Source: “The Case for Less Silos, More Intelligence in Supply Chain Management,” webcast presentation by Adrian Gonzalez, Adelante SCM. Simply put, he would always have to scramble and pay above market rates to find enough trucking capacity to meet demand.

Decoding the Language of Demand

ToolsGroup

Computing power and storage capacity have grown exponentially, while the cost of both have plummeted. Data sources for the forecast can include planned sales orders, customer contracts and intercompany standing orders.

Supply Chain Management Services

LeanCor

When sourcing supply chain management services, think about the provider’s approach to people and processes. Choosing the right target means defining your metrics, such as measuring carrier performance. 3 Tips in Choosing Supply Chain Management Services.

3PL 223

Five Key Elements that Drive Manufacturing Flow

synchrono

Data from machines, tools, applications, enterprise systems – any data source – is synchronized to drive decision-making (In our view, this also enables the Industrial Internet of Things – IIoT.).

7 Ways to Strategically Elevate Freight Procurement

Talking Logistics

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. The embodiment of this transformation is the chief procurement officer, an increasingly common title for executives that strategically source goods and services. Adopt performance metrics for carriers.

This Week in Logistics News (August 13-17, 2018)

Talking Logistics

Kuebix Announces New Service to Provide Shippers More Truckload Rates and Available Capacity. Any Parcel capacity providers not already on the network can be integrated in just two short weeks, free of charge. I’m back from vacation. Well, back physically.

Data integrity: Bad data and 3 good things to do about it when supply chain planning

Kinaxis

New data sources. With mergers and acquisitions, new data sources are added along with the data in these systems. Depending on the system and processes inherited with the new source, data issues could be significant.

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. We do strategic carrier sourcing and contract negotiation, but it isn’t always time to renegotiate your contracts. Michael provided a lot of additional examples, helpful metrics, and suggestions for getting started, but as usual, I don’t have the time or space to summarize all of them here.

Decoding the Language of Demand

ToolsGroup

Computing power and storage capacity have grown exponentially, while the cost of both have plummeted. Data sources for the forecast can include planned sales orders, customer contracts and intercompany standing orders.

Are You Up to Speed with Supply Chain Digitization?

Supply Chain Collaborator

Trucking and overall transportation capacity in the US is at or near all-time highs at the exact moment that supply chains have grown increasingly complex.

Demand-Driven Transformation at Shell

Supply Chain Shaman

Completed in 2012, the ERP project forced the company to standardize organizational design, roles, and metrics. Benefits that are not as easy to quantify, but are of immense importance, include noise and waste reduction, supply chain stability, increased capacity.

Using Managed Analytics to Build a Next-Generation Supply Chain

Talking Logistics

The advent of transportation management systems (TMS) in the 1990s introduced near-infinite metrics and data points into the supply chain yet brought with it more questions than answers: How do we centralize the data?

26 supply chain pros reveal the single most effective way to create a winning supply chain strategy

6 River Systems

The financial supply chain presents an opportunity to deliver beyond process efficiency and cost savings by allowing companies to tap into new sources of revenue and profit streams. If not, what actions are you taking to consolidate formats, sources and tools?

This Week in Logistics News (January 7-11, 2019)

Talking Logistics

Source: “Competing on Customer Experience: The Driving Force Behind Supply Chain Innovation,” Adelante SCM & BluJay Solutions, 2018. Did you make any New Year’s Resolutions for 2019? Are you’re still looking for a personal challenge this year?

Forget the Supply Chain of 2020. Here are 3 Things That Supply Chains Need Today.

Arkieva

Determine the Metrics That Matter. Source: Arkieva. Determining the metrics that matter goes beyond just implementing a ‘pretty’ S&OP dashboard that identifies leading indicators to help drive the business forward.

[WHITE PAPER] 4 Strategic Considerations when Considering Offshoring Parts of your Supply Chain

Cerasis

One mistake companies often make is focusing on the lowest purchase price per item instead of considering the total landed cost of sourcing from offshore suppliers. Use key metrics and a scorecard system to understand if product is flowing as planned.

One Man’s Trash: How Blockchain Can Target Food Waste to Help End World Hunger

Material Handling & Logistics

For organizations that source products from suppliers in remote regions, blockchain can provide clarity in an otherwise murky journey from harvest to retail. billion metric tons—gets lost or wasted.

Iowa 96

Top 5 features to look for in a Transportation Management System (TMS)

Abivin

Strategic Freight Management: Arrange bids by carriers for long-standing contracts based on Risk, Capacity and Cost.Selection of Carrier: Arrange carriers for each shipment considering allocations, business shares, and costs.

Life is complicated. Supply chain management shouldn’t be.

Kinaxis

Instead, bring a little peace back into your life by harmonizing all that disparate data from multiple sources and legacy enterprise resource planning (ERP) systems and bringing it together in one solution.

4 Ways Big Data is Changing Inventory Management

EazyStock

In most enterprise scenarios, the volume of data is too big, moves too fast and exceeds processing capacity of existing applications. Variety – The different forms of data sources.

The Sensing + Intelligent + Social Supply Chain: How can you achieve it?

Kinaxis

Adding automated integration of data from multiple sources, sites, regions and countries allows planners to accelerate decision making without having to wait. It has to be integrated seamlessly from all sources. Do I have the inventory and capacity to support?

Supply Chain Visibility and the Bottom-line

synchrono

These improvements in inventory efficiencies then translate into improved financial metrics, including 10% improvement in earnings per share; 5% increase in return on assets; and a 2.5% And because the VFIS connects to any data source (legacy systems, ERP, MES, PLM, WMS, machines, etc.),