Cerasis

MARCH 18, 2020

In early 2020, the market forecast for freight looked bright. The post What Are the Most Important 2020 Freight Metrics to Know? appeared first on Transportation Management Company | Cerasis. Data Freight 2020 freight metricsThe turmoil of the U.S.-China China trade war appeared at an end, and few disruptions were believed to cause issues in 2020. Then, coronavirus happened to spread, and now, it will impact global supply chains.

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Metrics Freight China Forecasting 131

Cerasis

JULY 13, 2015

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? What distribution center metrics are you tracking or are not listed here?

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Metrics Distribution Capacity Third Party Logistics 263

Cerasis

MAY 12, 2016

However, most of today’s data goes unused and represents a lost opportunity to the company. 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. Twitter Facebook Google+ LinkedIn The post [e-Book] The Ultimate Guide to Manufacturing, Supply Chain, Logistics, Transportation, & Freight Metrics & KPIs appeared first on Transportation Management Company | Cerasis.

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Metrics eBook Transportation Manufacturing 184

Abivin

FEBRUARY 20, 2020

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.

Benchmarking 83

Benchmarking Metrics KPI Freight 83

QAD

MARCH 28, 2019

Very little has more impact on a company’s success than customer satisfaction. Most people realize that on-time delivery plays a key role in how business’ satisfy customer needs, but customer satisfaction can be an expensive undertaking if the company doesn’t manage all aspects of customer service and the business processes that affect them. Unreimbursed Freight. Companies often absorb the cost of expedited shipments when the delays are attributable to internal factors.

Customer Service 68

Customer Service Metrics Guidelines Quality 68

Cerasis

JUNE 4, 2015

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.

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Quality Metrics Industrial Industry 245

Logistics Bureau

SEPTEMBER 28, 2020

SUMMARY: Because 4PL providers handle a company’s entire chain, including challenges that are thrown up by advances in technology, they are increasingly being favoured over third-party logistics (3PL) providers, especially by big companies with complex supply chains.

Third Party Logistics 68

Third Party Logistics Phoenix Australia Company 68

Talking Logistics

SEPTEMBER 12, 2017

The four key methods here will help you drive more success as you bring the metrics to life on your warehouse floor: 1. For companies, this is an unsustainable attitude of complacency at the employee level and one that can stagnate progress in many ways. How to make it happen in your company: Infuse engagement and excitement into your team by reinforcing a bigger goal and more long-term growth conversations. Keep an Eye on Holistic Company Health.

Metrics 83

Metrics Continuous Improvement Tennessee eBook 83

Abivin

FEBRUARY 24, 2020

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.

Benchmarking 60

Benchmarking Metrics KPI Freight 60

Cerasis

OCTOBER 27, 2015

Today we continue our series on successfully working with a logistics company, often called a third party logistics company by focusing on how to properly understand the success of the engagement by knowing all the key performance indicators that a shipper could put in place. Before we fully get to establishing a framework effective KPIs when engaging with a logistics company, we must take a step back and understand how to apply the creation of stakeholder value.

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Company Six Sigma KPI Logistics 241

Cerasis

JANUARY 22, 2020

Freight analytics refers to a set of algorithms that meticulously comb through the mountain of freight data to unlock its potential. Recent research indicates the freight metrics and analytics market will swell to more than $27.4 Automation Data Freight freight analytics

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Analytics Freight Metrics Research 227

Talking Logistics

JUNE 30, 2015

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. 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. Disaggregate freight spend data. When analyzing freight spend, the devil is in the details.

Procurement 187

Procurement Freight Chicago New York City 187

Cerasis

JANUARY 23, 2020

The top freight KPIs you need to succeed enable continuous improvement, rely on real-time visibility and apply the latest in freight analytics capabilities. Furthermore, the use of freight metrics and KPIs is a testament to the.read More.

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Freight Metrics Continuous Improvement Analytics 237

Abivin

FEBRUARY 24, 2020

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. More than 40% of companies reached their goal performance,which ranges from 95-100%. This metric can also be called Perfect Order Measurement.

Benchmarking 40

Benchmarking Metrics KPI Freight 40

Freightos

APRIL 24, 2018

Freight Visibility and Control: Introducing the Freightos Baltic Index (FBX). Today, the go-to metric for that question is typically Standard & Poor’s 500, the Nikkei, or the Dow Jones Industrial Average (a shockingly poor indicator , if you look closer). Instead of looking at each of the top 500 NYSE and Nasdaq Composite companies every fifteen seconds, financial professionals get insights at a glance. The underlying premise dates back further, even for freight.

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Freight Los Angeles Singapore Virginia 178

Freightos

JANUARY 4, 2018

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. . Dr. Schreiber concludes by covering the players (from startups to billion-dollar companies) and the trends changing the industry. Bringing Freight Online In The Carrier Space. Bringing Freight Online In The Forwarding Space.

Freight 138

Freight Reverse Logistics Tools Big Data 138

TMC

NOVEMBER 18, 2015

By that I mean the time measured from the instant a company realizes it will be hit by a supply chain disruption to the time the incident actually takes place. In other words, the amount of warning time during which the company can prepare for and mitigate the disruption. Examples of the latter include a latent product defect that wreaks reputational damage, or a cyber bug that steals company secrets.

Metrics 60

Metrics Colorado United States Policies 60

Talking Logistics

AUGUST 13, 2018

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.

Freight 78

Freight Omnichannel Packaging Metrics 78

Turvo

JUNE 12, 2020

Maintaining a freight broker business and helping it stand out from the crowd is more difficult than ever. Unfortunately, that does not always amount to spending money reasonably and maintaining control over freight spend. For those operating a freight broker business, the challenges are greater. These forecasts can also help brokers, shippers and fleets take a lot of the guesswork out of a proposal to move freight, say, a year from now. Analytics Freight Broker

Analytics 46

Analytics Forecasting Freight DC 46

Freightos

JANUARY 4, 2018

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. . Dr. Schreiber concludes by covering the players (from startups to billion-dollar companies) and the trends changing the industry. Bringing Freight Online In The Carrier Space. Bringing Freight Online In The Forwarding Space.

Freight 120

Freight Reverse Logistics Tools Big Data 120

Supply Chain Game Changer

NOVEMBER 12, 2018

How many parts of your company act as independent silos? How many functions in your company conduct themselves like they are islands? One of the main problems in a functionally organized company is that those functions over time can become isolated from each other.

Company 65

Company Groups Electronics Metrics 65

6 River Systems

JULY 29, 2020

Third-party logistics companies ( 3PLs ) specialize in distribution, warehousing and fulfillment services. The core competency of these companies is logistics , and they do it well. Today, anyone can start an online retailing business from any part of the world and ensure their products are delivered to customers efficiently by using a third-party logistics company. Revenue data is sourced from the companies’ websites and market research platforms such as Macrotrends.

Warehousing 43

Warehousing Delaware 3PL Kuwait 43

Talking Logistics

JULY 11, 2017

Bennett Adelson, CEO of MacroPoint discusses the following questions and more in this timely and informative episode: Why is real-time freight visibility so important for shippers and 3PLs? What benefits does real-time freight visibility provide to shippers, carriers, and brokers? How does freight visibility impact that metric? What advice or recommendations would you give to companies to help them develop a strong and convincing business case for freight visibility?

Freight 60

Freight Metrics Company Supply Chain Visibility 60

MercuryGate

MAY 5, 2020

Moreover, most companies still rely on outdated metrics and KPIs, using outdated data. However, The application of real-time freight data opens the door to a better understanding of transportation management and insights into ways to unlock added […]. The post How Does Real-Time Freight Data Boost Competitive Advantage? Data holds great value within supply chain management, and the amount of data grows exponentially through everyday operations.

Metrics 40

Metrics Transportation Management Transportation Data 40

Supply Chain Game Changer

NOVEMBER 15, 2018

This includes flexible solutions that allow the logistics infrastructure to meet market fluctuations, and it serves as a safeguard for established companies looking for a way to stay competitive as more startups increase. Subscribe Here! Email Address.

Guidelines 72

Guidelines Company Trends Supply Chain Execution 72

Supply Chain Game Changer

JANUARY 20, 2020

This includes flexible solutions that allow the logistics infrastructure to meet market fluctuations, and it serves as a safeguard for established companies looking for a way to stay competitive as more startups increase. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

Guidelines 52

Guidelines Supply Chain Execution Internet of things Lean 52

Abivin

MAY 9, 2019

Introduction Third-party logistics provider (3PL) is a company that provides outsourced logistics services to other organizations. This article will present five software that every transporter and 3PL company should employ to stay competitive, cost-effective and ensure on-time delivery. TMS provides 3PL companies with the opportunity to look back and analyze past decisions through data storage capabilities. Finding a suitable WMS for 3PL companies is no easy task.

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3PL Myanmar Software Company 61

Talking Logistics

NOVEMBER 24, 2015

Many companies operating in the United States have achieved an inclusive look into their transportation spend, but unfortunately many companies that do business on a global level have struggled to achieve full freight process management. Doug Kahl and Joanne Chan from enVista will explore that question and share insights and advice on how to achieve global freight management success in this timely and informative episode.

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Global Freight United States Metrics 109

Supply Chain Shaman

MAY 13, 2015

Over time, companies acquired assets. This is difficult for the average company since only one in two supply chains have source, make and deliver reporting through the same organization (reference Figure 1). Companies talk about the need to be proactive, and agile. Supply chain design looks very different by company. Today, three out of four companies greater than 10B$ have a network design group that averages seven people.

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Supply Chain Metrics San Francisco Chemicals 260

Cerasis

DECEMBER 31, 2015

Since today is the last day of the year before we all get ramped up towards a productive 2016 and after finishing out top 10 most read articles in each of our five main categories ( Manufacturing , Supply Chain , Logistics , Transportation , & Freight ) we wanted to give you all a treat and list the top 50 most read articles of all time from the Cerasis blog. 8 Most Common Reasons Why You May Receive a Freight Claim Declination Letter. Happy New Year!

Transportation 189

Transportation Freight Manufacturing Third Party Logistics 189

3rdwave

JULY 20, 2020

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. independent performance metrics and analytics for management decision support. For all but a few very large and dominant companies, this is the BCO reality – dependency on the 3PL for their own critical global supply chain information.

3PL 40

3PL Supply Chain Global Analytics 40

Cerasis

JULY 1, 2015

manufacturing jobs recovery is largely based on companies substituting cheap labor for investment in automation and other new technologies. Twitter The post Manufacturing Labor Productivity: A Vital Metric to Spur for American Manufacturing to Compete appeared first on Freight Logistics Company | Cerasis.

Metrics 258

Metrics Manufacturing St. Louis United States 258

Supply Chain Shaman

JANUARY 8, 2014

Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. Prior to joining Starbucks, he worked at the executive leadership level in Europe, Latin America and North America at ICI, a global chemical company. I recently interviewed him for my upcoming book, Metrics that Matter, that publishes in August 2014. Peter is one of sixty-five companies that I have interviewed for the book.

Customer Service 227

Customer Service Metrics North America Chemicals 227

Supply Chain Cowboy

MARCH 1, 2015

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.

Metrics 47

Metrics Quality Capacity Course 47

Cerasis

MAY 24, 2016

Freight Consolidation. Sometimes, the lines between FT and LTL are blurred, especially when all LTL shipments are compiled into FT via freight consolidation. The security of customers’ data and information about a company is of top priority in modern shipping. Mobile Access to KPIs and Metrics. LinkedIn The post 23 Reasons the Ideal TMS is best for LTL Freight Shipping appeared first on Transportation Management Company | Cerasis.

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Shipping Freight Training Security 184