Logistics Bureau

APRIL 4, 2022

At Logistics Bureau, we want to help you with that, so we’re publishing this brief guide to help you if you haven’t already included freight benchmarking in your management strategies or want to benchmark more effectively than you are now. 3: Choose Your Comparisons Carefully. The answer is to benchmark your freight, of course.

Benchmarking 68

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 68

Talking Logistics

JUNE 20, 2017

The question becomes, “how are you comparing your transportation metrics to what’s happening around you?” You need to explore the metric relationships to see the full story. Reviewing the metrics simultaneously helps identify potential cause-and-effect relationships.

Global 109

Global Scenario Planning Metrics Benchmarking 109

American Global Logistics

JULY 14, 2023

They encompass a vast ecosystem of industries and sectors that work together to deliver the right products at the right time, place, cost, quantity, and quality. business logistics amounts to 9.1% business logistics reflects the highest percentage of GDP in history. Digital supply chains have improved the industry performance.

North Carolina 52

North Carolina Supply Chain Software Modeling Procurement Analytics 52

Logistics Viewpoints

NOVEMBER 29, 2022

What is remarkable about this year’s tournament, and sports in general lately, are the learnings that can be applied to industrial companies working through energy transition and sustainability challenges. With that backstory in mind, let’s get back to energy transition and industrial sustainability and their intersection with the World Cup.

Sustainability 199

Sustainability Industrial Industry Company 199

Intelligent Audit

MAY 6, 2021

Industry 4.0 That risk of something adverse occurring — a disruption — continues to drive investments of time and resources into more informed decision-making and leveraging logistics analytics. Track the Right Performance Metrics. The next key to transportation network optimization rests with performance metrics.

Optimal Sourcing 59

Optimal Sourcing Network Optimization Sourcing Strategies Resource Reduction 59

Intelligent Audit

DECEMBER 10, 2020

The so-called perfect order metric is the ideal supply chain KPI. But it’s always subject to logistics analytics interpretation. But the metric shows how well a warehouse operates. That’s why it’s crucial to track the comparison between the two. On-time pickup and delivery are like the delivery on-time-in-full metric.

Supply Chain Software 52

Supply Chain Software KPI Supply Chain Optimization Supply Chain Strategy 52

Logistics Bureau

APRIL 19, 2021

What would be the key number, or metric that you would need to know? If, for example, you are concerned about the pick rates in your warehouse, or your transport costs, or your inventory accuracy, benchmarking can help you because it can show you exactly where your performance is compared to others in your industry.

Benchmarking 98

Benchmarking Supply Chain Performance Supply Chain Exercises 98

Logistics Viewpoints

JULY 19, 2023

However, sustainability in logistics goes well beyond these initiatives. APQC conducts research on supply chain and logistics to help organizations assess the performance of their own processes and functions compared to their peers. Below are the results from the cross-industry report for environmental sustainability.

Sustainability 193

Sustainability Optimal Sourcing Logistics Material Savings 193

Talking Logistics

AUGUST 28, 2018

They multiplied three commonly-used metrics for measuring truckload performance to identify the Leaders: First tender acceptance (FTA). Leader Group 1, which used more asset carriers than brokers, achieved an 82% rating; Leader Group 2 used more brokers than asset carriers and achieved 81% (for comparison, Laggards achieved 46%).

Research 106

Research Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 106

Supply Chain Shaman

OCTOBER 29, 2014

I feel that the industry is engaged in ‘Group Think’ No one in this meetings is going to ask tough questions. Here are the three questions that I would like people to ask: Table 1: Comparison of Results for Best of Breed Solution Providers to ERP Expansionists in Supply Chain Planning. But, did it add more value?

Supply Chain Planning Software 309

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 309

Supply Chain Game Changer

AUGUST 27, 2020

Information technologies support the logistics of operations, internal or production. With the advancement of technology, the logistics process has been automated and accelerated as well. The Spread of Big Data in Logistics. What is the Digital Supply Chain? application in the company and the existing technology at all times.

Supply Chain Software 52

Supply Chain Software Optimization Software Demand Planning Software Logistics Network Optimization Software 52

Locus

JUNE 3, 2022

In fact, it will not be a stretch to say that climate change is currently the biggest threat that global supply chains are facing today and is responsible for shortages and disruptions in several industries. billion metric tons—the emissions have rebounded in 2021 and 2022. parts per million, in comparison to the 1960 levels of 316.91

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

Supply Chain Game Changer

NOVEMBER 19, 2018

Whatever your Industry you should be able to make comparisons to competitors, do benchmarking, and even compare yourself on key metrics across industries. Now the role of Supply Chain is certainly different from one industry to the next. Depending on your Industry the range of costs in Supply Chain can be enormous.

Negotiating Skills 84

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 84

GlobalTranz

JANUARY 30, 2015

If portions are supplied from other parties, it is vital to expose possible exceptions or differences in interpretations of the data provided in comparison to what you control. The methods of evaluating metrics or developing KPIs vary significantly from company to company. How is the data provided?

Transportation 120

Transportation Data Analytics Software Optimal Sourcing 120

Logistics Bureau

SEPTEMBER 3, 2017

And by comparison and with apparently so much to gain, why do some logistics service providers and their clients fail to team up effectively? Making collaboration work at the logistics sharp end is possible , but there are conditions. What Can Companies Gain from Collaborating in Logistics? Shared logistical expertise.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40

Logistics Bureau

SEPTEMBER 3, 2017

And by comparison and with apparently so much to gain, why do some logistics service providers and their clients fail to team up effectively? Making collaboration work at the logistics sharp end is possible, but there are conditions. What Can Companies Gain from Collaborating in Logistics? Shared logistical expertise.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40

Supply Chain Shaman

JULY 29, 2013

Which supply chain metrics correlate to market capitalization by Morningstar sector? Note that the ratios are better than absolute numbers because it helps in the comparison of large and small companies and performance across currencies.) Performance-based logistics in aerospace and defense changed the A&D industry forever.

Supply Chain Planning Software 285

Supply Chain Planning Software Supply Chain Design Software Modeling Analytics Software 285

Supply Chain Shaman

JULY 8, 2013

In the Supply Chain Metrics that Matter table, we can clearly see that “operating margin” and “inventory turns” matter to public financial performance. Each faces four years of deterioration on this important supply chain metric. They have the courage to push a new industry model. Why it Matters.

Supply and Demand 213

Supply and Demand Demand Planning Software Modeling Supply Chain Planning Software 213

Parade

JULY 15, 2019

Meet Everett Johnson, founder and owner of Credence Logistics (CL). It is no surprise that Johnson left and started his own logistics company. It is no surprise that the average tenure of a CSR is very short— about 2 years in comparison to customer sales reps who have an average tenure of about 8 years.

Industrial 106

Industrial Industry Logistics Network Optimization Software Tools 106

Parade

JULY 15, 2019

Meet Everett Johnson, founder and owner of Credence Logistics (CL). It is no surprise that Johnson left and started his own logistics company. It is no surprise that the average tenure of a CSR is very short— about 2 years in comparison to customer sales reps who have an average tenure of about 8 years.

Industrial 97

Industrial Industry Logistics Network Optimization Software Tools 97

Parade

JULY 15, 2019

Meet Everett Johnson, founder and owner of Credence Logistics (CL). It is no surprise that Johnson left and started his own logistics company. It is no surprise that the average tenure of a CSR is very short— about 2 years in comparison to customer sales reps who have an average tenure of about 8 years.

Industrial 60

Industrial Industry Logistics Network Optimization Software Tools 60

GlobalTranz

JULY 14, 2017

Knowing the proper metrics and data points to track promotes cost-effective shipping practices and can improve vendor, carrier and consumer relationships, reports Merrill Douglas of Inbound Logistics. The best-laid plans and metrics to track LTL shipping are only effective when a high on-time performance score exists.

Data 151

Data Negotiating Skills Vendor Strategies Resource Reduction 151

Intelligent Audit

NOVEMBER 3, 2021

According to Eric Johnson of the Journal of Commerce , “Using a common industry estimate of freight spend representing 5 to 10 percent of total revenue for a shipper, that would equate to $50 million to $100 million in freight spend. Transportation and e-commerce are unique within the industry. Prepaid Freight.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Freight Vendor Strategies Expense Reduction 52

Intelligent Audit

SEPTEMBER 30, 2021

Increased surcharges based on peaking factors, which are continually changing and subject to new strains on the industry. Since data platforms and transportation management resources were created for countless different organizations, they’re not intuitively designed for apples-to-apples comparisons. per package. Normalize data.

Shipping 52

Shipping Expense Reduction Cost Reduction Strategies Resource Reduction 52

Intelligent Audit

MAY 19, 2022

Managing freight costs and freight payments , whether per mile, per load, or truckload is vital to overcoming the obstacles and disruptions currently plaguing the industry. Ongoing pandemic effects, data utilization, and changing logistics patterns drive an industry that’s quickly adapting and anticipating shipper needs.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Optimal Sourcing Freight Expense Reduction 52

GlobalTranz

MARCH 24, 2015

Carriers in the trucking industry and also shippers today are actively looking for ways to combat the rising costs of operating their businesses, but they often do not fully understand proper benchmarking, transportation cost analysis, and profit management are intertwined. Specialized – $1.73 Truckload – $1.51 On-time pickups.

Benchmarking 120

Benchmarking Purchasing Skills Analysis Cost Reduction Strategies 120

Zipline Logistics

SEPTEMBER 29, 2020

Tender rejections, a metric used to determine how much contracted freight is rejected and sent to the spot market, have been hovering around 25% for the past few months. That demand for household products at retailers, paired with a recovery in the industrial sector, has driven up freight volumes across the country.

Freight 52

Freight Manufacturing Procurement Logistics Network Optimization Software Los Angeles 52

Supply Chain Shaman

FEBRUARY 23, 2017

He is an industrial engineer with a diploma in transportation and logistics from the University of Applied Sciences in Bremerhaven. Over the period of 2009-2015 only 88% of companies made improvement on the “Supply Chain Metrics That Matter.” (The This trend was characteristic of the chemical industry. Operating Margin.

Agile and Lean Supply Chain 154

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design Supply Chain Planning Software 154

Intelligent Audit

MAY 9, 2022

With ongoing recovery firmly in progress across multiple industries, one of the most significant challenges facing freight forwarders, supply chain managers, and transportation service providers is the issue of payment and freight bill payment service management. Standardize Shipping Cost Audits for Apples-to-Apples Comparisons.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Freight Material Savings 52

Freightos

JUNE 9, 2018

Truth be told, the passenger travel industry actually has an impressive tech track record. While the air passenger industry has a solid tech foundation, air cargo does not. To date, the industry has a poor track record of creating usable standards. That’s Alex Cruz, the CEO of British Airways, talking about BA’s evolution.

Cargo 120

Cargo Negotiating Skills Demand Planning Software Supply Chain Software 120

Intelligent Audit

NOVEMBER 5, 2021

This comes as industry experts expect an above-average market demand through much of 2022. 6 report that sentiment in the trucking industry ‘remains notably hot.’ Industry respondents said they don’t see an end to current freight conditions, and 2022 TL rates are expected to be up approximately 5.25% compared to this year.”

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Inventory Reduction Material Savings 52

New Horizon Supply Chain Blog

SEPTEMBER 18, 2023

For those unfamiliar with these measures, the most common forecast error metric is mean absolute percent error (MAPE), typically defined as the absolute value of (Forecast-Actual) / Actual. If the logistics group needs to deliver specific items to specific stores daily, they need a forecast at that level.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

SupplyShift

OCTOBER 13, 2021

These are sophisticated global networks, external of the business itself, comprised of manufacturers, logistics enterprises, and third-party suppliers. The three main aggregations of sustainability metrics are environmental, social, and governance. Both types use quantitative metrics but have slight differentiators.

Supply Chain Planning Software 52

Supply Chain Planning Software Sustainability Resource Reduction Supply Chain Software 52

SupplyShift

OCTOBER 13, 2021

These are sophisticated global networks, external of the business itself, comprised of manufacturers, logistics enterprises, and third-party suppliers. The three main aggregations of sustainability metrics are environmental, social, and governance. Both types use quantitative metrics but have slight differentiators. Our advice?

Supply Chain Planning Software 52

Supply Chain Planning Software Sustainability Resource Reduction Supply Chain Software 52

New Horizon Supply Chain Blog

MARCH 20, 2023

For those unfamiliar with these measures, the most common forecast error metric is mean absolute percent error (MAPE), typically defined as the absolute value of (Forecast-Actual) / Actual. If the logistics group needs to deliver specific items to specific stores daily, they need a forecast at that level.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

Supply Chain Game Changer

SEPTEMBER 6, 2022

On the surface it sounded like a typical manufacturing, logistics, or distribution operation. And a cursory look at benchmark comparisons to competitors showed the company lagging behind in virtually every metric. This took the company from an industry lagging position to an industry leading position. Conclusion.

Optimal Sourcing 80

Optimal Sourcing Supply Chain Optimization Global Supply Chain Planning 80

ShipBob

AUGUST 3, 2020

The ecommerce industry will eventually overtake brick-and-mortar retail. Founded in 2006, this firm is slightly newer in comparison to others. A thorough understanding of metrics that prove out business models. Most founders don’t get into business to take on logistics. Greycroft Partners. Scalable order fulfillment.

Trends 105

Trends Purchasing Skills Manufacturing Procurement Modeling Software 105