GlobalTranz

DECEMBER 8, 2017

The perfect order KPI tracks the overall accuracy and timeliness of each shipment. Perfect Order KPI = On-Time Delivery and Shipment KPI x Complete Order Percentage x Damage-Free Percentage x Accurate Invoicing Percentage. To calculate the perfect order percentage, one must understand the on-time KPI.

Supply Chain Design Software 170

Supply Chain Design Software Supply Chain Software KPI Supply Chain Design 170

Kanban Logistics

FEBRUARY 27, 2020

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. Types of 3PL Warehousing. The DIY method.

Warehousing 52

Warehousing 3PL Negotiating Skills Logistics Network Optimization Software 52

Techgistics

APRIL 30, 2023

Future-proofing your warehouse operation is essential in a world where e-commerce is booming and customer expectations are sky-high. “ As a company’s fleet of robots grows. It also provides better visibility into the performance of the warehouse operation, allowing you to optimize the workflow over time.

Optimization Software 130

Optimization Software Predictive Analytics Software Optimal Sourcing Warehousing 130

Logistics Bureau

NOVEMBER 15, 2021

Is your business one that operates distribution centres and other warehouse facilities to maintain control of inventory? If so, you’re probably engaged in the eternal search to make warehouse processes faster, easier, less expensive, and safer. What Can KPIs Do for My Warehouse Operations? 1) Speed up the Warehouse.

Warehousing 52

Warehousing KPI Inventory Reduction Expense Reduction 52

6 River Systems

OCTOBER 19, 2020

Warehouse logistics is the heart of any supply chain operation, assimilating and dispatching goods to ensure availability and timely delivery. One of the best ways to reduce shipping costs and ensure fast delivery is by optimizing warehouse logistics. What is warehouse logistics? Where are they located? What is the order volume?

Warehousing 98

Warehousing Logistics Network Optimization Software Inventory Reduction Supply Chain Planning Software 98

RFgen

NOVEMBER 8, 2018

Key Takeaways: Warehousing and distribution face unprecedented pressures from COVID-19 disruption, commoditization, labor shortages and rising customer expectations. Warehouse automation is an effective way to gain efficiencies, cut costs and scale operations. Physical warehouse automation is costly. High warehouse turnover.

Warehousing 59

Warehousing Supply Chain Software Supply Chain Planning Software Inventory Management Software 59

RFgen

NOVEMBER 8, 2018

Key Takeaways: Warehousing and distribution face unprecedented pressures from COVID-19 disruption, commoditization, labor shortages and rising customer expectations. Warehouse automation is an effective way to gain efficiencies, cut costs and scale operations. Physical warehouse automation is costly. High warehouse turnover.

Warehousing 59

Warehousing Supply Chain Software Supply Chain Planning Software Inventory Management Software 59

GlobalTranz

JANUARY 19, 2018

Warehouse managers face many challenges. These challenges can be overwhelming, but supply chain executives and managers can simplify the process by tracking these top warehouse management KPIs (key performance indicators). The Top Warehouse Management KPIs: Receiving and Put-Away KPIs. Storage KPIs.

Supply Chain Design Software 143

Supply Chain Design Software Supply Chain Planning Software Warehousing Supply Chain Software 143

Silvon Software

JULY 22, 2022

In fact, such KPIs are so crucial right now that the supply chain analytics market is expected to reach nearly $17 billion by 2027 as companies ramp up their supply chain performance management initiatives. Why is KPI tracking so important in supply chain management? Customer Order Cycle Time. Stocking Cycle Time.

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

GlobalTranz

OCTOBER 29, 2015

We conclude our ongoing series in talking about effective KPI management by giving you a real live Logistics KPIs management case study from Whirlpool's engagement with a logistics service level provider. We started the series first by " 9 Key Topics to Understand to Frame A Shipper’s Mind for Effective KPI Management with a 3PL."

Case Study 120

Case Study KPI Logistics Network Optimization Software Supply Chain Design Software 120

GlobalTranz

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. This starts with deploying the S.M.A.R.T.

Six Sigma 120

Six Sigma Logistics Network Optimization Software KPI Company 120

3PL Insights

FEBRUARY 7, 2020

The warehouse operations manager oversees all activities in the warehouse on a daily basis. Day to Day: Every day is different for a warehouse operations manager. Day to Day: Every day is different for a warehouse operations manager. Reviewing warehouse financials and KPI reports to improve operations.

Warehousing 52

Warehousing Supply Chain Design Software KPI Supply Chain Planning Software 52

Silvon Software

JUNE 1, 2023

Remember that you can update your KPI selection at any time, so remain open to replacing ineffective metrics. The most important aspect to remember is that KPIs should align with your business strategy. Regularly review and update your stakeholder-focused KPIs based on changing stakeholder needs or emerging trends.

S&OP 93

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 93

Silvon Software

APRIL 29, 2022

In an effective KPI strategy, we always recommend that leading indicators that help provide insight into future performance should be balanced with lagging indicators that tell companies how they’ve done. Every inventory KPI needs a clearly defined goal. Ideally, the average time to sell should be as low as possible.

Optimal Sourcing 106

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 106

The Logistics of Logistics

NOVEMBER 12, 2021

For the first 15 years of his professional career Matt focused on information technology – working for a large silicon valley software companies to data center startups to a brief stint with a family foundation who, unlike his previous employers, existed to give all their money away. About Matt McLelland.

Sustainability 130

Sustainability Logistics Network Optimization Software Inventory Reduction Supply Chain Software 130

ShipBob

SEPTEMBER 24, 2021

Fast fulfillment starts with proper warehouse management , which determines how efficiently you receive, track, and store inventory in a way that gets customers orders out the door faster. But how do you know if a warehouse is performing well? In this article, learn how to track warehouse performance by monitoring the right KPIs.

Optimal Sourcing 52

Optimal Sourcing Warehousing Inventory Reduction Inventory Management Software 52

Logistics Bureau

OCTOBER 9, 2017

What is a KPI? What is a KPI? Can you explain what a KPI is? Take the notion of a KPI or key performance indicator, for example. You’ll hear a lot in different organisations about KPIs, but that doesn’t mean they are always used effectively. As the name indicates, KPIs concern “key” areas of the business.

KPI 40

KPI Supply Chain Planning Supply Chain Metrics 40

DELMIA Quintiq

AUGUST 1, 2016

Not convinced that your warehouse and transport teams need to collaborate? Steve, the head of transport at a large retailer and Eddie, the head of warehouse operations both look at their daily operations from a very different angle. “I These warehouse guys just do what they want and I have to deal with it. It looks good.

Warehousing 120

Warehousing Transportation Supply Chain Planning Software Optimization Software 120

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Warehousing KPIs. Throughput (Units/Per Time Period ): This is a high-level metric for warehouse efficiency and provides insight into how many units pass through a particular position, process or the whole warehouse in a fixed period. Outbound KPIs. Identifying the space versus utilization sweet spot is key.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

Supply Chain Game Changer

APRIL 30, 2020

8 Ways to Improve Your Warehouse Fulfillment Efficiency! Key performance indicators (KPIs) provide an invaluable way to judge the efficacy of operations, determine opportunities for improvement, improve customer experiences , and better manage supply chain functions, including warehouse management. Subscribe Here! Email Address.

Warehousing 72

Warehousing Supply Chain Planning Software Inventory Reduction Supply Chain Software 72

GlobalTranz

JUNE 14, 2017

This is a simple key performance indicator (KPI), another name for metrics, to track. This KPI should be as high as possible, reflecting accurate inventory available for customers from suppliers. When considering the timeliness of a shipment in this KPI , you can derive an order completion metric. Inventory Accuracy.

Procurement Analytics 191

Procurement Analytics Omnichannel Metrics Supply Chain Design Software 191

Veridian Solutions

MARCH 10, 2020

Key performance indicators (KPIs) provide an invaluable way to judge the efficacy of operations, determine opportunities for improvement, improve customer experiences , and better manage supply chain functions, including warehouse management. To achieve the best customer satisfaction levels possible, companies must offer returns.

Warehousing 64

Warehousing Supply Chain Planning Software Inventory Reduction Metrics 64

SCMDOJO

OCTOBER 7, 2022

To implement these recommended Logistics KPIs in your company, you should use our Logistics KPIs Dashbaord which we have designed with through research. Attribute 1 – Productivity related Logistics KPIs. Warehouse Space Utilization = Total warehouse ares occupied by activities / total warehouse capacity floor (m2) * 100.

Optimal Sourcing 109

Optimal Sourcing Logistics Network Optimization Software Logistics Supply Chain Design Software 109

Logistics Viewpoints

APRIL 19, 2023

Third, is autonomous planning feasible for all companies of all sizes? And finally, how does a company achieve autonomous planning? Then there’s the question of how much to hold at the central warehouse to replenish the MFCs as well as how to dynamically allocate receipts at the cross-docks.

Supply Chain Planning Software 220

Supply Chain Planning Software Optimal Sourcing Supply Chain Planning Scenario Planning 220

6 River Systems

FEBRUARY 22, 2019

Every warehouse strives for efficient order fulfillment. But without an effective fulfillment strategy, it’s difficult to control fulfillment costs, which can have a negative impact on the company’s bottom line. ” Meet Our Panel of Warehouse Pros: Nate Masterson. Dave Masterson. Nate Masterson. MapleHolistics.

Cost Reduction Strategies 56

Cost Reduction Strategies Inventory Reduction Material Savings Warehousing 56

SCMDOJO

FEBRUARY 20, 2023

It involves various activities, such as warehousing, inventory management, transportation, and logistics. Companies must continually evaluate their Distribution Operations to identify areas for improvement and stay competitive in the ever-changing business landscape. Logistics KPI Dashboard Excel Template 4.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 101

Logistics Bureau

OCTOBER 20, 2021

It’s not uncommon though, for companies to make the mistake of over-complicating their supply chain performance monitoring. While having too many KPIs is undoubtedly better than having none, it can impede progress by creating a confused, complex mass of information that becomes difficult to sort out and use as a basis for action.

Supply Chain Design Software 80

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 80

RFgen

AUGUST 10, 2023

In a fast-paced warehouse, the need for real-time information extends to every aspect of operations. Technology solutions step in to help warehouses and production plants streamline materials management and reduce costs. Inventory management is no exception. Today’s digital supply chain makes manual inventory control obsolete.

Real-time Visibility 81

Real-time Visibility Inventory Management Software Supply Chain Planning Software Inventory Reduction 81

RFgen

MARCH 27, 2024

Features of Advanced Inventory Control Software To compete in today’s fast-moving markets, larger companies are finding that basic inventory software doesn’t meet their needs in terms of functionality or automation. Together, these features provide businesses with a powerful toolset to efficiently manage warehouse inventory.

Inventory Reduction 75

Inventory Reduction Inventory Management Software Resource Reduction Supply Chain Planning Software 75

Logistics Bureau

AUGUST 2, 2021

While some supply chain KPIs will provide a broad and high-level picture for end-to-end performance monitoring, others enable more granular insights into specific functions. On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

Unleashed

FEBRUARY 28, 2023

Creating efficient warehousing processes can result in less downtime, lower running costs, and better customer service. Here, we’ll talk about what receiving efficiency is, how to measure it using warehousing metrics, and cover a few different ways to optimise your inward goods process.

Inventory Management Software 52

Inventory Management Software How To Inventory Reduction Warehousing 52

SCMDOJO

MARCH 19, 2024

In short, a structured supply chain department acts as the backbone of a company’s ability to get the right products to the right customers at the right time, all while keeping costs under control and minimizing risks. Oversees the procurement process, ensuring efficient ordering, timely deliveries, and adherence to company policies.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Logistics Bureau

NOVEMBER 8, 2021

But perhaps surprisingly, in our work, we come across a substantial number of businesses that struggle with KPI selection and use. If yours is not one of those businesses, and you’re confident in your KPI suite and the relevance of the data it provides, congratulations! What Makes a “Right” KPI? You’re in a good place.

Benchmarking 67

Benchmarking KPI Supply Chain Strategy Supply Chain Software 67

ToolsGroup

MARCH 17, 2021

Starting from pre-implementation we align on target key performance indicator (KPI) levels and benchmark progress to accelerate time to value. Michael has been particularly instrumental in the past 12 months working closely with companies in the fast-moving consumer goods industry on COVID-19 response and recovery.

Optimal Sourcing 120

Optimal Sourcing Supply Chain Planning Software Demand Planning Software ToolsGroup 120

Unleashed

APRIL 18, 2023

KPIs related specifically to inventory allow you to understand how you’re managing the flow of goods, materials, and products to your warehouses and out to the customer. Inventory turnover rate Inventory turnover rate shows how rapidly inventory is being converted to sales through the warehouse.

Procurement Analytics 52

Procurement Analytics Metrics Inventory Reduction Inventory 52

BlueYonder

MARCH 28, 2023

We were also pleasantly surprised with the ongoing flow of existing customers wanting to reconnect and new visitors wanting to learn about us: From ProMat’s survey , 38% of attendees plan on spending over $1M over the next 18 months and 66% are exploring solutions for distribution centers or warehouses supporting manufacturing.

Logistics Network Optimization Software 70

Logistics Network Optimization Software Supply Chain Software Supply Chain Planning Software Logistics 70

BlueYonder

APRIL 9, 2024

To trigger such widespread improvements without harming other areas of the company, manual intervention is no longer an option. Each of these individual elements tick the parallel KPI boxes of saved money, lower emissions, and improved customer satisfaction.

Optimal Sourcing 100

Optimal Sourcing Sustainability Material Savings Waste Reduction 100