5 key metrics for last-mile logistics

Abivin

It is not an easy task, but thanks to the 5 key metrics below, we can better manage the performance of this last mile supply chain. Cost per Km The Cost per Km metric is an easy way to determine the cost it takes to drive a vehicle one kilometer. A metric is needed to monitor how much capacity has been used up, hence the Fleet Capacity Utilization metric. In this business, it is the time spent at a store to unload cargo.

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

Freightos

While the air passenger industry has a solid tech foundation, air cargo does not. And while that’s easy for me to say as a startup, it’s echoed by industry professionals as well: I think, in general, the air cargo industry is still pretty traditional and it’s not really embracing technology. Lufthansa Cargo chief commercial officer Alexis von Hoensbroech. Air cargo pricing is, in almost all cases, still set manually, with most rate sheets updated twice a year.

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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’s your primary carrier’s cargo acceptance rate? These are examples of metrics that may or may not support your goals.

Understanding Supply Chain Management

SupplyPike

These activities can involve storage and transport of inventory or supplies, monitoring of day-to-day activities, the preparation behind these processes, and blending these different components throughout the supply chain. Five Key Metrics for Monitoring the Impact of Panic Buying on your Supply Chain. Supply Plan: The Supply Plan metric provides Walmart’s best guess on how many units it expects to order from a supplier. Learn about.

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Letter from the CEO: Coronavirus Market Update

Transplace

Transplace is closely monitoring the outbreak and the impact the reaction is having on the transportation market. Toward that end, we would like to provide you with four types of updates: 1) what we are seeing in the transportation marketplace, 2) what our customers are experiencing, 3) some best practices we recommend with regard to bidding, and 4) the actions we are taking to protect our employees and community. Cargo flows and ship calls are rebounding in China.

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

Supply Chain Shaman

The people on the ground–my contacts in the 3PL, freight forwarding and transportation industry–know that the labor strife is only a part of the larger story. The flows assume that transportation can move without an interruption. On March 16th-18th, I will be on a book tour in Europe discussing the concepts of Supply Chain Metrics That Matter. Uncategorized cargo global trade inventory ports supply chain visibility

Cargo Flight Launches a Vital Link in the Ebola Response Effort

Supply Chain @ MIT

The Lab is part of the MIT Center for Transportation & Logistics. The 63 metric ton air shipment of personal protective equipment (PPE) and sanitation supplies valued at some $1.8 Airlink, the NGO that provided the air transportation, collaborated with the ACCEL logistics team to secure cargo space. This facility feeds forward logistics bases throughout the country and provides transportation capacity where there are gaps.

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Global Logistics and the Transportation Management Center: The Next Phase in Network Agility

BlueYonder

In my previous article on the evolution of transportation management, Driving Value from a Transportation Management Center: Think Global, Act Local , I discussed how transportation best practices were evolving from more rigid, centralized control towers to more flexible and collaborative Transportation Management Centers (TMC). Domestic transportation management systems have sometimes been extended to support global movements as well.

Why Samsung Might Turn to Blockchain for Its Global Supply Chain

Supply Chain Brain

In total, the company’s logistics division, Samsung SDS, will take on 1 million shipping units and 488,000 tons of air cargo. Business Strategy Alignment Global Supply Chain Management Global Trade & Economics Quality & Metrics Supply Chain Security & Risk Mgmt. SC Analysis & Consulting High-Tech/Electronics All Logistics Transportation & Distribution Global Logistics

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What is the FMSCA’s Unified Registration System (URS) And What is the Impact on Transportation & Logistics Management?

Cerasis

Effective transportation management can be a hassle. Transportation managers must keep up with the ship dates of inventory, where inventory is currently located in the transportation process, what insurance information is being used and appropriated for each shipment, and many more factors. Many logistics providers and entities in the transportation management industry are unsure of what exactly the final rule on the URS means and how it affects business on a daily basis.

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The Top Finance Supply Chain KPIs to Measure for Shippers

Intelligent Audit

Mike Griswold, Vice President Analyst at Gartner , had this to say about the value supply chain KPIs and metrics. Supply chain metrics provide the vehicle to ‘look at the results’ and gauge the effectiveness of an organization’s execution strategy. Damage Rates or Cargo Loss.

Importer/Exporters vs Freight Forwarders/3PL – Levelling the Playing Field

3rdwave

Too often – make that almost always – importers and exporters (BCOs – Benefiticcial Cargo Owners) are dependent on their NVOCC, Freight Forwarder or 3PL (3PL) to provide them with visibility into their global supply chains. 3rdwave Transportation

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5 Easy Ways to Monitor Supply Chain Health

TMC

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 indictors of performance in terms of these goals? What is your primary carrier’s cargo acceptance rate? These are examples of metrics that may or may not support your goals.

The state of supply chains: Pharma and the vaccine race part one

EFT

Jones Shah is also a board member at The International Air Cargo Association (TIACA), which is joining forces with Pharma.Aero, a Brussels-based non-profit organization for life science and medtech shippers, to prepare air cargo industry for the COVID-19 vaccine. Only with a strong and transparent dialogue between pharmaceutical and air cargo sectors, governments, non-governmental organizations and healthcare institutions can we overcome these challenges.

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Countdown to Black Friday: It’s the Final Countdown, So Get Your Shipments Up in the Air

CH Robinson Transportfolio

It’s not too late to get your product to store shelves in time for Black Friday, thanks to the swift performance of air cargo service. With significantly shorter lead times than other modes, air cargo can get your product to market in as little as a day. Understand the metrics of air cargo: time and money. When you’re evaluating the costs of air cargo , freight is only one component of the equation. Global Transportation Air Black Friday Shipping

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Connect Big Data with Predictive Analytics for Increased Visibility and Control Over Global Supply Chains

Supply Chain Network

With maritime transport growing at an average rate of over 8.5 percent per year, over 90% of the world’s trade is carried by sea for a total of 23 million tonnes of cargo traveling by ship every day. Shippers, carriers, freight forwarders and third party logistic firms are currently spending millions of dollars in resources on ‘estimating’ important metrics such as container Estimated Time of Arrival (ETAs).

What is LTL Shipping?

SupplyPike

Less-than-truckload (LTL) shipping is a system of transporting a smaller shipment than a typical truck filled with one order. LTL freight carriers normally transport small shipments of freight from many companies. In this system, space is shared by all of the cargo on one truck. This saves a lot of transportation costs for the company. You can save money by: Stop paying for unused cargo space. The weight and density of your cargo decide the freight class.

Sustainable Logistics Practices Can Serve as a Differentiator for CPG Brands

Zipline Logistics

Misaligned production, warehousing, and transportation functions are also a large source of supply chain inefficiencies, and they can cost you in wasted resources, time, and money. Considering Alternative Transportation Modes. Tracking Key Metrics to Drive Performance Improvement .

7 Incredible Benefits of Cloud-Based Logistics Management

Cerasis

More findings on the cloud cargo transportation and warehouse management systems you may discover on the web. The cloud-based supply chain software can be customized to suit your industry, your transportation , freight-forwarding and warehousing specialty, import-export regulations. The cloud-based logistics has lots of metric tools.

Top Logistics Terms to Know—A Supply Chain Glossary

Zipline Logistics

We will define some of the most prevalent in transportation for those of you who have ever found yourself confused by the terminology. Typically, it accounts for the planning of demand, production, distribution, and transportation. Air Freight — Transportation of products via air transportation methods. Cargo — Product carried during transportation. Claim — In freight, shippers can retroactively charge carriers for damages or loss to transported products.

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. The truck, after dropping off 2000 kilograms in New York, will be left with empty space that can be filled up if we could somehow find out if someone needs around 2000 kilograms of freight cargo to be transported from New York to Atlanta on the same day. Freight Technology Transportation

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

6 River Systems

Many metrics can be used to determine the top 3PL warehousing companies, such as company revenue, the number of warehouses, total warehouse square footage , etc. DSV Panalpina DSV Panalpina is a Dutch logistics company with services offering road, rail, sea, and air transport founded in 1976.

Seeking Logistics Perfection

Enterra Insights

They explain, “If a company scores an impressive 99 percent in all four categories measured by the standard Perfect Order Metric (POM) — complete, on time, damage-free, proper documentation with correct invoicing — the result would be a POM score of just 96 percent. transportation modes, inventory deployment, and policies) by balancing the trade-offs between customer service requirements, assets and costs. Capture transportation, distribution, and service costs.

5 Crucial Software Every 3PL Company Needs To Have

Abivin

For instance, platforms such as Uber Carriage and Cargomatic enable real-time, cost-effective, on-demand transport arrangements to the other business logistics services, which brings great competitiveness to this industry. This article will present five software that every transporter and 3PL company should employ to stay competitive, cost-effective and ensure on-time delivery. Integrating route optimisation with vehicle and unloading dock scheduling in LCL cargo collection.

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Guest Commentary: P.O. Management Programs – Know Pain, Know Gain!

Talking Logistics

Besides providing fast, thorough answers to customers, today’s ERP, cloud-based SaaS, or 3PL-operated systems enable companies to manage the order lifecycle, control information and cargo flows, and reduce the total cost of goods. performance metrics to influence vendor behavior and impact sourcing choices. Order visibility and control combine with logistics strategies to realize transportation savings that impact the bottom line.

Supply Chain Goals: Gracefully Overcoming the Hurdles of Global Sports Events

BluJay Solutions

All these goods have to be transported on time from their supplier or manufacturing location — often at the other end of the world — to the stadium or the athletes’ lodgings. million shipped items and 60 metric tons of air freight.*. Multimodal transport: A multi-layered, connected carrier network is essential. This allows quick, efficient ability to redirect orders and transport changes while en route.

Top 10 Supply Chain Innovations of 2018

Material Handling and Logistics

Content Summary: Personal Mover Transports Employees around BMW Plant. To eliminate some of this traveling BMW’s R&D group developed a Personal Mover solution—a one-person means of transport for covering short distances within an operating site. The retail giant plans to take out 50 million metric tons (MMT) by 2030, which is equivalent to the emissions associated with the average annual electricity consumption of 40 million Chinese households.

Logistics Management Software – A Complete Handbook for Manufacturers

ThroughPut

For manufacturers specifically, Logistics Management Software helps in the following activities: Overall supply and demand planning Effective order processing Inbound and outbound transportation management Inhouse warehouse and inventory management Fleet coordination Managing external logistics service providers. This involved procurement, maintenance, and transportation of military facilities, services, materials, and personnel. Mounting transportation costs.

Logistics Management Software – A Complete Handbook for Manufacturers

ThroughPut

For manufacturers specifically, Logistics Management Software helps in the following activities: Overall supply and demand planning Effective order processing Inbound and outbound transportation management Inhouse warehouse and inventory management Fleet coordination Managing external logistics service providers. This involved procurement, maintenance, and transportation of military facilities, services, materials, and personnel. Mounting transportation costs.

Logistics Management Software – A Complete Handbook for Manufacturers

ThroughPut

For manufacturers specifically, Logistics Management Software helps in the following activities: Overall supply and demand planning Effective order processing Inbound and outbound transportation management Inhouse warehouse and inventory management Fleet coordination Managing external logistics service providers. This involved procurement, maintenance, and transportation of military facilities, services, materials, and personnel. Mounting transportation costs.

Ocean Carrier Alliances: What You Need to Know

Talking Logistics

While the changing atmosphere of ocean carrier alliances for containerized cargo isn’t something new, it’s certainly top of mind for many shippers and carriers alike thanks to a tumultuous last few years. Contractually require ocean carriers to carry a certain percentage of your cargo on their own vessels, and ensure that a certain percentage is on specific vessels within an alliance.

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3 Technology Companies Disrupting Shipping

FLEXE

So today and yesterday, there was not enough capacity, cargo was rolled, prices spiked. So I wanted to tell you, why does your cargo get bumped. Why does your cargo get rolled? It was mainly because most of your cargo today is moving on standby. Until the last minute, your cargo is not confirmed. The reason that cargo is booked today? And then, during peak, your cargo is getting rolled. The cargo shouldn’t be rolled.

Global Trends in Digital Supply Chain - 2018 Review

Abivin

Cleaner ships, trains, planes and trucks combined with automation and clean technology in cargo handling and warehousing operations are accelerating. In the past, by using more natural gas for its ground fleet, UPS decreased CO2 emissions by 100,000 metric tons in 2016. Increasing application of robots As technology advances in the recent years, companies are applying more robots in manufacturing, warehousing and transportation.

This Week in Logistics News (February 17-21, 2014)

Talking Logistics

White House Directs the EPA and the Department of Transportation (DOT) to Set the Next Round of Fuel Efficiency Standards for Medium- and Heavy-Duty Vehicles. According to the product sheet , “Oracle Global Trade Intelligence provides a dashboard view into the unique metrics by which your customs and compliance operation measures success. Government to import or export cargo. This is not only leading to stockouts, but also higher transportation rates.

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Supply Chain Best Practices: Preparing for the Worst

Elementum

Transport network disruption. Establish appropriate metrics that correspond with the steps outlined in your contingency plan. When a breakdown in labor negotiations led 20,000 dockworkers to go on strike at two of Washington state's largest ports in October 2014, cargo-laden ships were left stranded as the flow of goods came to a halt for six months.