GlobalTranz

JULY 5, 2016

We continue our series on the top 5 blogs in our 4 main categories ( Freight , Manufacturing , Logistics , and Supply Chain ). Today's post will cover the top 5 logistics blogs from 2016 so far. Top Logistics Blogs from the First Half of 2016 So Far. From Third Party Logistics, Warehouse information, Technology, and KPIs.

Logistics Network Optimization Software 132

Logistics Network Optimization Software Logistics Supply Chain Design Software Modeling Software 132

GlobalTranz

MAY 20, 2015

Therefore, it is paramount for you as a logistics and supply chain professional to have a keen sense of how to properly evaluate a supplier. The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Logistics Bureau

JULY 18, 2017

Some Common-sense Warehouse Benchmarking Metrics. In this post, you can discover some common-sense warehouse metrics that should probably be included in your project, regardless of whether you are benchmarking internally or externally. Other Warehouse Performance Benchmarking Metrics. Perfect Order Warehouse Performance.

Benchmarking 41

Benchmarking Supply and Demand Metrics Warehousing 41

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. 3: Choose Your Comparisons Carefully.

Benchmarking 68

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 68

Locus

OCTOBER 5, 2021

With the supply chains of all businesses going through a transformational shift, it is important for them to make tough decisions concerning logistics models. Before the pandemic, fixed logistics had held a comparative advantage for gaining a larger customer base. What is fixed logistics? What is flexible logistics?

Modeling 52

Modeling Modeling Software Optimization Modeling Logistics Network Optimization Software 52

The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

The answer is yes, there is a difference between the two although trivial in comparison. In SIOP, accountability is a huge part of achieving desired outcomes, improving monthly metrics and satisfying the customer needs.

Supply and Demand 246

Supply and Demand Inventory Reduction Supply Chain Planning Software Supply Chain Planning 246

ShipBob

JANUARY 6, 2023

You’ll also get a quick comparison of the top providers to make your search easier. It is typically a part of a larger supply chain management system and allows them to organize and centralize all their logistics and transportation functions. Report on important performance metrics. Quick rate comparison. Key features.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Supply Chain Network Software Forecasting Software 52

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

3PL Insights

AUGUST 16, 2021

Big data is only useful if you understand the metrics and can connect them to the important areas of your business. But how do we turn inventory management data and other key metrics into business intelligence? The turn rate is an important metric for measuring inventory management and sales. Account Activity Data.

Data 98

Data Supply Chain Optimization Supply Chain Material Savings 98

American Global Logistics

JULY 14, 2023

business logistics amounts to 9.1% business logistics reflects the highest percentage of GDP in history. However, there is a need for more precise and comprehensive metrics to understand the full economic impact of supply chains. As the baseline for comparison shifts to 2021 results, economic contraction becomes a possibility.

North Carolina 52

North Carolina Supply Chain Software Modeling Procurement Analytics 52

Intelligent Audit

MAY 6, 2021

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. Industry 4.0

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 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. By comparison, 85 percent of orders are accomplished in one delivery for those at the 75th percentile.

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

Logistics Bureau

APRIL 19, 2021

What would be the key number, or metric that you would need to know? You might start to measure the same metrics and see which one is performing better. It’s very important in benchmarking to have a standard way of applying the metric. The Benefits of Benchmarking. You might be wondering what the benefits are of benchmarking.

Benchmarking 98

Benchmarking Supply Chain Performance Supply Chain Exercises 98

GlobalTranz

APRIL 10, 2017

Shippers often forget about the possible savings through an effective inbound logistics strategy. In addition, managing vendors and inbound logistics can feel like a lot of work for little gain, yet the possible savings by implementing an inbound logistics program can add up through these key ways.

Cost Reduction Strategies 179

Cost Reduction Strategies Vendor Strategies Inventory Reduction Negotiating Skills 179

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

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

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. Logistics network inefficiencies can also leave costly trails. All of this at the best price.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Supply Chain Shaman

OCTOBER 29, 2014

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. The supply chain planning cannot be effective if implemented by a supply chain function that is focused only on customer service, logistics and distribution.

Supply Chain Planning Software 305

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 305

Talking Logistics

JUNE 30, 2015

Volatility in pricing trends are opportunities to lock in contractual rates, though shippers and logistics providers must also maintain flexibility to leverage spot buys as needed. Freeing procurement personnel from mundane, day-to-day activities lets them focus on developing strategic relationships with logistics partners.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

Locus

JUNE 3, 2022

billion metric tons—the emissions have rebounded in 2021 and 2022. parts per million, in comparison to the 1960 levels of 316.91 Fighting climate change with green logistics. By establishing the concept of eco-friendliness in your supply chain, a green logistics system can be introduced. parts per million. Download Now!

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

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

Silvon Software

MAY 7, 2018

Webster’s Dictionary defines efficiency as, “effective operation as measured by a comparison of production with cost (as in energy, time, and money).” Logistics performance. Other key performance metrics at the operational level. High performing distributors use advanced analytics to make their operations more efficient.

Procurement Analytics 65

Procurement Analytics Analytics Optimal Sourcing Sourcing Strategies 65

Talking Logistics

FEBRUARY 18, 2015

To find out how having supply chain financial visibility can improve contract negotiations, and to learn how technology can help shippers gain financial visibility across global supply chains, I spoke with Larry Lewis, Kewill’s Senior Vice President, Americas on a recent Talking Logistics episode. There’s also process improvement.

Supply Chain Visibility 100

Supply Chain Visibility Negotiating Skills Optimal Sourcing Supply Chain Optimization 100

Intelligent Audit

SEPTEMBER 9, 2021

As shippers and logistics managers know all too well, speed-to-market services impact overall costs. Tracking cost by mode, lane, and cargo type for better metrics comparison. To compete within a fast-paced economy, supply chain managers and logistics directors must maximize every penny.

Freight 52

Freight Expense Reduction Supply Chain Planning Software Cost Reduction Strategies 52

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 282

Supply Chain Planning Software Supply Chain Design Software Modeling Analytics Software 282

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. The Supply Chain arranges for the appropriate logistics, and negotiates terms and conditions with Suppliers, audits Suppliers, and deals with quality strategies and issues.

Negotiating Skills 84

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 84

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. Why it Matters. I think that the market is ready for breakthrough innovation.

Supply and Demand 209

Supply and Demand Demand Planning Software Modeling Supply Chain Planning Software 209

EazyStock

FEBRUARY 11, 2021

It’s very easy for online shoppers to conduct extensive product research and use price comparison websites before making a purchase. In the world of inventory management, your service-level metric is the probability of not having a stockout (or the probability of not losing sales). eCommerce can increase price sensitivity.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Price Reduction 52

Logistics Viewpoints

NOVEMBER 29, 2022

I’m not suggesting a one-to-one comparison between sports and industry, but there are some parallels that industrial companies could benefit from observing. Be very specific as to how you are improving short-, medium, and long-term rather than pointing to hard-to-verify end state metrics.

Sustainability 199

Sustainability Industrial Industry Company 199

Logistics Bureau

SEPTEMBER 4, 2023

Excessive costs can hide anywhere in your company’s service provision or supply chain functions, including manufacturing, logistics, distribution, and customer service. Have you looked closely at comparisons between the cost of supplying each of your SKUs and the revenue that it generates?

Negotiating Skills 73

Negotiating Skills Purchasing Skills Cost Reduction Strategies Analysis 73

NC State SCRC

NOVEMBER 5, 2016

Contract analytics can provide a summary view on performance and pricing deviations, risks, statistics (expiry, renewal and pending), procurement and sales metrics. Our analysis provides insights into how we have to operate to achieve the outcome, as well as scorecards and metrics that require additional analytical insight.

Negotiating Skills 40

Negotiating Skills Analytics Software Supply Chain Planning Software Modeling Software 40

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

GlobalTranz

NOVEMBER 19, 2015

Today we continue our long series and look at teaching shippers how to remain strategic when it comes to logistics and their transportation management program. Strategic Logistics: 8 Steps to Controlling Inventory Flow & Driving Warehouse Efficiency. 6 Benefits of Applying Useable Data in Logistics For Continuous Improvement.

Transportation Management 120

Transportation Management Transportation Sourcing Strategies Data 120

BlueYonder

DECEMBER 11, 2014

The incubator allows a baby to be protected in its most vulnerable stage of life, giving it a chance to live a full life in comparison to the incremental 10 to 30 years offered by other important medical breakthroughs. However, there is something to be said for end-to-end orchestration.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Design 75