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3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance

GlobalTranz

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. Inventory measurement is critical and it is money after all in that it took a capital expense to procure. In comparison, the poorest-performing companies in the lowest quartile had a range of working capital between 23% and 39% as a percentage of revenues.

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7 Ways to Strategically Elevate Freight Procurement

Talking Logistics

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. As a strategic process, transportation procurement may still seem very tedious and challenging. Be demand driven. Hire smart data analysts.

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Adapting in the Face of Change

Supply Chain Shaman

Looming transportation shortages in the United States with the adoption of AB5 and the redefinition of the owner-operator are risks. Comparison of Industry Players Within Consumer Goods for the Period of 2012-2021. The focus needs to move from functional metrics to balanced scorecard outcomes. Green stagnation? The answer?

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Transportation Management System: What is a TMS in Logistics? [+ Top Companies Compared]

ShipBob

That’s where transportation management systems, or TMS, comes in. In this post, we’ll take a closer look at what a transportation management system is, why it’s important, and how you can choose a provider. You’ll also get a quick comparison of the top providers to make your search easier. Plan and optimize delivery routes.

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Freight Benchmarking: What Is It? Why Do It?

Logistics Bureau

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. Alternatively, you can procure access to a digital freight benchmarking platform.

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3 Requirements for Meaningful & Useful Data in Transportation & Business

GlobalTranz

As data in transportation becomes more abundant and readily available, the question of “ What data is available ?” 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. Business Advice Technology Transportation'

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Let the Qs Begin

Supply Chain Shaman

While the performance rankings were based on comparisons of inventory turns, operating margin and Return on Invested Capital (ROIC) for the periods of 2006-2013 and 2009-2013, the concept is that to be a supply chain leader you must outperform and drive improvement. Aligned Metrics. Can you help us with what you see in the data?”