GlobalTranz

DECEMBER 8, 2017

This difference can have catastrophic consequences for the success of your business, including lost revenue for returning the product, processing the return, shipping out the correct product, and time spent in addressing the issue at your customer service center. 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

Unleashed

JULY 23, 2023

Order cycle time KPIs calculate the average time between when you receive an order and when it is shipped. Total order cycle time uses customer details, the order date, the delivery date, and the total number of orders shipped. Takt time Takt time is a KPI that helps set the pace of your manufacturing process.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Metrics Inventory Reduction 52

EazyStock

NOVEMBER 17, 2020

What is ERP inventory management? When it comes to inventory management, ERP systems are ideal for tracking stock along the supply chain, monitoring stock levels and order processing. ERP inventory management limitations. ERP inventory management needs sophisticated demand forecasting.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Forecasting Software 98

BlueYonder

AUGUST 15, 2023

A Better Understanding of Pain Points By beginning the journey with a KPI and value-driven discussion, rather than a tech-based conversation, there are two overarching benefits. Significantly, this data-driven comparison between “now and then” has to be attributed to each individual facet. Or, as we label them, “buckets.”

Inventory Reduction 85

Inventory Reduction Expense Reduction Resource Reduction Price Reduction 85

GlobalTranz

APRIL 25, 2016

Inventory measurement is critical and it is money after all in that it took a capital expense to procure. The goal is to keep inventory levels at a minimum to meet customer needs. Review Inventory turns and Return on Assets. Other areas to consider measuring as it relates to transportation: Managing inventory.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

6 River Systems

OCTOBER 12, 2020

“This would increase the complexity of route planning and make more difficult the quest to eliminate empty back hauls as the number of shipping points increases and the number of shipments out of more rural locations increases,” explains Skip Berry in an article published by Clarkston Consulting. Efficient warehouse operations.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Material Savings Inventory Reduction 98

Locus Robotics

DECEMBER 18, 2023

Known warehouse pain points like repetitive tasks, order picking, and inventory management are prime automation targets. You should also track productivity metrics now (if you aren’t already) so you’ll have them for comparison post-automation.

Warehousing 52

Warehousing Purchasing Training Expense Reduction Analytics Software 52