Remove Capacity Remove Metrics Remove Transportation Remove Warehousing

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.

Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

Third-party logistics companies ( 3PLs ) specialize in distribution, warehousing and fulfillment services. Today, there are many top 3PL warehousing companies that handle warehousing, fulfillment, logistics and distribution services for companies of all sizes.

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The Top 5 Warehousing Best Practices in Supply Chain Management

ThroughPut

Studies show that worldwide, companies spend an estimated $350 billion a year on warehousing, and this number is only estimated to increase with high dependence on traditional warehouse practices. Lean warehousing. Digital warehouse.

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3PL Warehousing 101

Kanban Logistics

The modern warehouse offers much more than basic storage. While you can build and staff your own warehouse and perform these services yourself, more and more companies see the value in handing warehousing operations off to a third-party logistics (3PL) provider. In this article, we’ll examine all that 3PL warehousing entails, while helping you find a 3PL partner that’s right for your business. Types of 3PL Warehousing. The Warehouse Management System.

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

Abivin

Managing your business operations would be challenging without proper metrics and data analytics. This statement is specifically true in Logistics, which involves supply chain and transportation. Below are 5 significant metrics in Pickup & Delivery Logistics that any company can use to measure their performance in meeting initial goals. Perfect Shipment Measurement This metric can also be called Perfect Order Measurement. Core Benchmarks: Transportation [link

50 warehouse automation stats you should know

6 River Systems

Warehouse automation stats show that automation is making a big impact on warehouses and distribution centers. As technology awareness grows, more warehouses and DCs turn to automation to adapt to the changing landscape. Below, we’ve rounded up 50 compelling statistics to shed some light on the driving forces behind warehouse automation and the impact automation has on the industry. The number of private warehouses is growing. Warehouse Automation

Automation in the Warehouse: It’s All About Capacity

Veridian Solutions

Automation in the warehouse is essential to meeting the growing demand of e-commerce and the blending of traditional supply chain channels into the omnichannel supply chain. 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? A Guide to the Warehouse Metrics Supply Chain Execs Should Track.

50 expert warehouse optimization tips and techniques

6 River Systems

Optimizing your warehouse means examining every corner of your infrastructure and every facet of your workflows and processes to identify and correct inefficiencies. Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery. Of course, warehouse optimization isn’t something you do just once; it’s an ongoing process, and a complex one at that.

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

Abivin

Managing your business operations would be challenging without proper metrics and data analytics. This statement is specifically true in Logistics, which involves supply chain and transportation. Below are 5 significant metrics in Pickup & Delivery Logistics that any company can use to measure their performance in meeting initial goals. Perfect Shipment Measurement This metric can also be called Perfect Order Measurement.

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? The answer to this question lies in using last mile metrics to track key performance indicators and target levels of service to ensure accountability, visibility and continued reduction of costs in last mile delivery. Essentially, shippers need to track these 11 metrics. On-Time Deliveries Are King of Last Mile Metrics.

Warehouse Management Software – A Blueprint for Warehouse Excellence & Inventory Management

ThroughPut

What is Warehouse Management Software? A Warehouse Management Software (WMS) is one that helps plan, control, and manage the day-to-day manufacturing operations in a warehouse along with the guidance of inventory movement, optimizing order picking, and shipping of customer orders. It helps manufacturers effectively control and administer warehouse operations right from the entry of goods or materials into the warehouse until they move out.

Warehouse Management Software – A Blueprint for Warehouse Excellence & Inventory Management

ThroughPut

What is Warehouse Management Software? A Warehouse Management Software (WMS) is one that helps plan, control, and manage the day-to-day manufacturing operations in a warehouse along with the guidance of inventory movement, optimizing order picking, and shipping of customer orders. It helps manufacturers effectively control and administer warehouse operations right from the entry of goods or materials into the warehouse until they move out.

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

Abivin

Managing your business operations would be challenging without proper metrics and data analytics. This statement is specifically true in Logistics, which involves supply chain and transportation. Below are 5 significant metrics in Pickup & Delivery Logistics that any company can use to measure their performance in meeting initial goals. , This metric can also be called Perfect Order Measurement. This metric is generally measured in total and for each carrier.

50 expert tips on improving warehouse efficiency & productivity

6 River Systems

Most warehouses are on an ongoing mission to maximize productivity by optimizing workflows, automating processes and reducing waste (both time and resources). Warehouses are complex operations with many moving parts and functions happening simultaneously, so while there are plenty of areas to improve productivity, it’s not always easy to determine where your efforts will pay off. More than 50% of your warehouse labor is in pick and pack, so start there.

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? What is your warehouse fill rates and lead times? These are examples of metrics that may or may not support your goals.

Last Mile Technology: How Technology & Transportation Management Aid in Efficient Execution of the Last Mile

Cerasis

These questions reflect why technology and effective transportation management, including the use of a transportation management system (TMS) and the Internet of Things (IoT), is key to the efficient execution of last mile delivery and service. The information collected by a TMS should also be leveraged to optimize routes, resulting in fewer direct transportation costs, such as lower fuel and labor costs.

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

So when the warehouse team threatened to unionize, I transferred into a distribution, warehouse environment. Warehouse Management and Transportation Management were in their infancy. It should not be functional, with a narrow focus on a singular function like manufacturing or transportation. This analysis is ad-hoc is usually stimulated by the launch of a new product or a shift in capacity. Stage 2: All about Transportation.

How to Get a Job in the Supply Chain Sector

Logistics Bureau

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. Another option is to work in a warehouse, or in transport, or maybe in customer service where you are dealing with people all the time.

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

Abivin

Selecting the correct software system for the business helps to attain process efficiency, gain visibility into the supply chain, and decrease general transport costs. One of such software is transportation management system (TMS) which is a subset of supply chain management regarding transportation operations (Mei & Eliot, 2017). TMS has become an indispensable tool in a growingly competitive and complex transportation landscape.

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

Talking Logistics

Logistics, Manufacturing, Procurement, Sales and Marketing — these functional groups, for the most part, continue to operate independently from each other, each driven by their own objectives and metrics. For example, I remember speaking with the Director of Transportation Services at a large CPG manufacturer a few years ago. Simply put, he would always have to scramble and pay above market rates to find enough trucking capacity to meet demand.

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TMS Systems: The 3 Core Areas & 9 Main Features to Expect Upon Evaluation

Cerasis

Efficient management of transportation plays a major role in determining the success rate of an organization’s distribution system. Transportation incurs massive cost to the company thereby making the company strive hard towards achieving maximum returns on investment. Often, the deployment of transportation management software systems or TMS systems is a great aid in reducing overall hard and soft transportation costs. Integrated warehouse management system.

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

Talking Logistics

Moving on, here’s the supply chain and logistics news that caught my attention this week: Amazon to invest in French firm’s technology for self-driving forklifts (Reuters) Warehouses Test a New Breed of AI Robots (WSJ – sub. Robots in the Warehouse. Bottom line: while many companies are taking a “wait and see” approach to some emerging technologies, like blockchain and drones, they are charging ahead with more mature and proven technologies, like robots in the warehouse.

Integrating ERP and TMS: Why Your Business Needs Both Systems

Cerasis

While ERP systems provide excellent tools to manage accounting, human resources, customer relationships and more, they considerably lack the tools needed to properly manage transportation. TMS is most important for increased capability When asked what features were needed to increase SCM capability, 92 percent of respondents named transportation management as either critical or important. These reports are created by analyzing all your transportation data.

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The New Reality of Amazon FBA with Ephraim Ausch

The Logistics of Logistics

Tactical is an end-to-end provider of supply chain logistics that specializes in freight forwarding, warehousing, distribution, and domestic transportation. Tactical has warehouses in both Chino, California, and Elizabeth, New Jersey.

5 Reasons to Synchronize Your WMS and TMS

Supply Chain Nation

Leveraging the capabilities from your Warehouse Management System (WMS) and Transportation Management System (TMS), while synchronizing pre-built adaptable workflows can help reduce costs, improve throughput and enhance the customer experience. Establishing Effective Interoperability Between Planning and Execution in Transportation. In the realm of supply chain execution, and specifically transportation planning and order fulfillment, this isn’t the case.

The Importance of LTL Freight Management in your Supply Chain

CH Robinson Transportfolio

Consumers now have higher expectations regarding their purchase experience—convenient pickup and delivery options; an increased demand for accurate, real-time visibility to their order; and easy to use, low cost transportation purchasing options are critical.

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? In its simplest form, managed analytics combines transportation data, along with several other databases, into a central data warehouse and applies a sophisticated set of analytical tools and algorithms.

28 supply chain professionals share the biggest challenges of supply chain management

6 River Systems

Our supply chain involves a contract manufacturer, a third-party testing facility, warehouses to store inventory and a freighting company. For example, if my contract manufacturer is late with an order it can cause me to incur excess costs with the freighting and warehousing companies, respectively. This initially necessitated the expansion of our warehousing provision, revision of our stock rotation and warehousing policies and associated costs, which we had to bear.

Managing E-Commerce Fulfillment Spikes With Data Analysis

Cerasis

The capacity crunch continues, and the ELD mandate has lowered the number of trucks available. Warehouse Managers and logistics services providers need to have an estimate of the projected demand for all given times. 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).

5 Reasons to Synchronize Your WMS and TMS

Supply Chain Nation

Leveraging the capabilities from your Warehouse Management System (WMS) and Transportation Management System (TMS), while synchronizing pre-built adaptable workflows can help reduce costs, improve throughput and enhance the customer experience. Establishing Effective Interoperability Between Planning and Execution in Transportation. In the realm of supply chain execution, and specifically transportation planning and order fulfillment, this isn’t the case.

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?” It is rare today to read the Wall Street Journal or listen to an earnings call without hearing about the impact of rising transportation costs. The second question we get is what strategies can we implement to lower our transportation costs.

Supply Chain Management Services

LeanCor

Focus on total logistics cost reduction (transportation, warehousing, and inventory). Choosing the right target means defining your metrics, such as measuring carrier performance. Does the company have the required warehouse space, dock capacity, warehouse personnel, etc.? 3 Tips in Choosing Supply Chain Management Services. When sourcing supply chain management services, think about the provider’s approach to people and processes.

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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. 5 Tips for Warehouse and Distribution Center Management Success You MUST Instill Today. 10 Advantages of Slotting Optimization in Warehouses. As new technology evolves, slotting optimization in warehouses will grow easier.

The “First Five” Industrial Manufacturing Trends of 2017

Cerasis

Logistics providers need to know when products will be available, and warehouses must send information back to the manufacturer to ensure supply and demand fluctuations are easily met. However, the limitations of company-specific ERP systems are starting to stifle manufacturing capacity, so manufacturers will need to look for new systems, including software-as-a-service (SaaS) offers to stay competitive, explains Mark Humphlett of Manufacturing and Business Technology magazine.