GlobalTranz

MAY 20, 2015

When you choose a company to transport your freight or to supply you with the materials you need to manufacture a product, you are putting your hard work and reputation in their hands. 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.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

GlobalTranz

JANUARY 30, 2015

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'

Transportation 120

Transportation Data Analytics Software Optimal Sourcing 120

Logistics Bureau

APRIL 4, 2022

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. 3: Choose Your Comparisons Carefully. 4: Use Standardised Metrics.

Benchmarking 68

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 68

Supply Chain Shaman

JUNE 26, 2017

Amazon’s because of their breath in physical and digital supply chain, innovation in material handling, transportation, etc and their vision completely disrupting the industry. As a result, tor most companies, the goals are unclear and the financial metrics are not well-understood. They do not have a peer group for comparison.

Sourcing Strategies 152

Sourcing Strategies Agile and Lean Supply Chain Inventory Reduction Supply Chain Strategy 152

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 108

Global Scenario Planning Metrics Benchmarking 108

GlobalTranz

JULY 5, 2016

It was also evident that many folks wanted more information around KPIs and Metrics, as our top 5 included two posts from this sub-category. e-Book] The Ultimate Guide to Manufacturing, Supply Chain, Logistics, Transportation, & Freight Metrics & KPIs. Get Your FREE eBook Here.

Logistics Network Optimization Software 132

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

Logistics Viewpoints

DECEMBER 1, 2022

2023 call: Global supply chains will be slightly less busy, congested and chaotic, but cheaper – at least the transportation part. Container Import Volume Year-over-Year Comparison. Importantly, port delays remain an issue in 2022, especially for the East and Gulf Coast ports that had record years. Figure 1: U.S. Somewhat nailed it.

Predictive Analytics Software 198

Predictive Analytics Software Logistics Network Optimization Software Cost Reduction Strategies Resource Reduction 198

Supply Chain Shaman

OCTOBER 8, 2019

No metric should be measured in isolation, and functional metrics should be replaced with the balanced scorecard metrics shown in Figure 2. To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability. 5 A Focus on Functional Metrics Throws the Supply Chain Out of Balance.

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

Intelligent Audit

DECEMBER 10, 2020

The so-called perfect order metric is the ideal supply chain KPI. 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. Delivery On-Time-In-Full. It’s the actual perfect order rate.

Supply Chain Software 52

Supply Chain Software KPI Supply Chain Optimization Supply Chain Strategy 52

Supply Chain Shaman

SEPTEMBER 17, 2014

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?”

Optimal Sourcing 301

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 301

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

Talking Logistics

JUNE 30, 2015

Transportation has followed the same evolutionary pattern, moving upstream from day-to-day freight transactions to an integral component of top-level corporate planning and procurement strategy. As a strategic process, transportation procurement may still seem very tedious and challenging. Adopt performance metrics for carriers.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

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

APRIL 14, 2013

To understand supply chain excellence, Abby and I have been studying pattern recognition for industry peer groups at the intersection of the metrics in the Supply Chain Effective Frontier of growth, profitability, cycles and complexity. This analysis has been fun and insightful. How does the methodology compare to the Gartner Top 25.

Gartner 267

Gartner S&OP Pharmaceutical Supply Chain Planning Software 267

Intelligent Audit

SEPTEMBER 9, 2021

The Causes of Limited Working Capital and Cash Flow in Transportation Management. Poor financial management with transportation spend management can cause issues in the following ways: ?? Tracking cost by mode, lane, and cargo type for better metrics comparison.

Freight 52

Freight Expense Reduction Supply Chain Planning Software Cost Reduction Strategies 52

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. The Use of Data to Create a Successful Transportation Management Program. In today’s data-driven transportation systems, data entry should primarily be an automated process.

Transportation Management 120

Transportation Management Transportation Sourcing Strategies Data 120

Supply Chain Insights

APRIL 9, 2013

To understand supply chain excellence, we have been studying pattern recognition for industry peer groups at the intersection of the metrics in the Supply Chain Effective Frontier of growth, profitability, cycles and complexity. Based on inquiry, we do this analysis free of charge for members of our Supply Chain Insights Community.

Gartner 137

Gartner Pharmaceutical Supply Chain Planning Software Supply Chain Strategy 137

Supply Chain Shaman

JANUARY 30, 2019

Progress on the key performance metrics of cost, customer service, inventory, and Return on Invested Capital (ROIC) are going backward; not forwards, for most companies. It can be compared to estimated time of delivery in transportation planning, or to customer booking data to compare on-time delivery, but the reference data varies by mode.

Supply Chain Planning Software 167

Supply Chain Planning Software Modeling Software Analytics Software Demand Planning Software 167

ThroughPut

FEBRUARY 23, 2024

Your sourcing department can save valuable time because AI tools analyze suppliers with the aid of relevant data points and metrics and match them with the contract opportunities available. As transportation costs soar and assets remain underutilized, businesses may find themselves struggling to maintain operations, let alone drive growth.

Predictive Analytics Software 59

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

Talking Logistics

FEBRUARY 18, 2015

If you think about it in terms of Total Cost Management/Spend Management, when you start to talk about things like contract negotiation, having better insight into your spend, and understanding the metrics around it, all of which obviously provides valuable insights and helps you with those negotiations. There’s also process improvement.

Supply Chain Visibility 100

Supply Chain Visibility Negotiating Skills Optimal Sourcing Supply Chain Optimization 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 Transportation was redirected to be used in providing first aid, leading to supply chain bottlenecks, shortages and price hikes. Transportation is an energy-intensive activity in logistics.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

Supply Chain Shaman

JANUARY 30, 2019

Progress on the key performance metrics of cost, customer service, inventory, and Return on Invested Capital (ROIC) are going backward; not forwards, for most companies. It can be compared to estimated time of delivery in transportation planning, or to customer booking data to compare on-time delivery, but the reference data varies by mode.

Supply Chain Planning Software 154

Supply Chain Planning Software Modeling Software Modeling Analytics Software 154

GlobalTranz

MARCH 24, 2015

Editor’s Note: This post is a slightly modified guest post from Ahern & Associates , a transportation management consultancy. Benchmarking as a Hard Rule within Transportation Cost Analysis Can Be Damaging. And more… for a full list, see our White Paper on Transportation Metrics. On-time pickups.

Benchmarking 120

Benchmarking Purchasing Skills Analysis Cost Reduction Strategies 120

Supply Chain Shaman

AUGUST 5, 2015

Overall Results on the Supply Chain Metrics That Matter. Comparison of Colgate and Procter and Gamble for the Period of 2006-2014. It is exciting to see a country so excited about building global transportation infrastructure. Supply chain leaders make progress in three-to-five years. It is seldom a step change.

Agile and Lean Supply Chain 150

Agile and Lean Supply Chain Supply Chain Strategy Global Supply Chain 150

Supply Chain Shaman

APRIL 15, 2015

The study is primarily a comparison of best-of -breed solution providers (Logility, JDA, Kinaxis and OM Partners) versus SAP and Oracle. Lora has written the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters. Lora Cecere is the Founder of Supply Chain Insights.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 150

Intelligent Audit

SEPTEMBER 30, 2021

In modern freight transportation services, GRI stands for General Rate Increase. On the other side of the coin is the well-known freight transport surcharge. In turn, wages must increase, and carriers are inevitably spending more money to complete transport. Those costs cannot simply be absorbed. Normalize data.

Shipping 52

Shipping Expense Reduction Cost Reduction Strategies Resource Reduction 52

Intelligent Audit

NOVEMBER 3, 2021

These often occur when there is a lack of freight auditing, poor documentation, and lax monitoring of the transportation network. Transportation and e-commerce are unique within the industry. It is a financing option that focuses on the amount of freight being transported, which is the basis for the quoted shipping rate.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Freight Vendor Strategies Expense Reduction 52

GlobalTranz

APRIL 10, 2017

Metrics and Auditing Prevent Overbilling and Overpayment to Vendors for Shipping Costs. Through modern technology, the inbound logistics strategy can be executed easier than believed, and real-time order tracking and metrics prevent overbilling and overpayment.

Cost Reduction Strategies 179

Cost Reduction Strategies Vendor Strategies Inventory Reduction Negotiating Skills 179

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

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. Should you do it in bulk, in pallets, or other channels based on transportation, spoilage, and consumption factors?

Negotiating Skills 40

Negotiating Skills Analytics Software Supply Chain Planning Software Modeling Software 40

Locus

OCTOBER 5, 2021

Logistics optimization software helps fleet managers regularly check the status of ongoing deliveries through crucial delivery metrics like idling time, transit time, dwell time, detention time, mileage, fuel consumption etc. It helps them make the best use of systems, metrics, and processes to optimize their logistics performance.

Modeling 52

Modeling Modeling Software Optimization Modeling Logistics Network Optimization Software 52

Logistics Bureau

SEPTEMBER 4, 2023

Lengthy lead times and high transportation costs can increase the cost to serve for some customers and products while staying hidden amid the bigger picture. Have you looked closely at comparisons between the cost of supplying each of your SKUs and the revenue that it generates? View case study Learn more about cost-to-serve benefits.

Negotiating Skills 74

Negotiating Skills Purchasing Skills Cost Reduction Strategies Analysis 74

Logistics Viewpoints

JULY 19, 2023

In the survey, APQC used a series of performance metrics, including net promoter score, customer retention rate, perfect order performance, and on-time delivery among others, to identify the top performing companies. By comparison, 85 percent of orders are accomplished in one delivery for those at the 75th percentile.

Sustainability 192

Sustainability Optimal Sourcing Logistics Material Savings 192

Supply Chain Shaman

AUGUST 16, 2015

GT Nexus is one of the strongest providers of transportation visibility for the global ecosystem. While many will compare you to SAP, it is not a comparison. Lora wrote the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters. It is clear.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

Logistics Bureau

SEPTEMBER 3, 2017

Why do some rival firms that battle with each other downstream in retail outlets manage to work well together upstream in their transport and warehousing? And by comparison and with apparently so much to gain, why do some logistics service providers and their clients fail to team up effectively?

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40

Requis

MARCH 23, 2021

There is carbon present at all stages of the building, from producing the steel, to transporting the steel (and other materials), to erecting the building, and to operate the building, and eventually to the decommission stage. It’s largely a comparison tool. There is also some carbon released at the end-of-life. Then we all win.

Material Savings 52

Material Savings Cost Reduction Strategies Resource Reduction Expense Reduction 52

Logistics Bureau

SEPTEMBER 3, 2017

Why do some rival firms that battle with each other downstream in retail outlets manage to work well together upstream in their transport and warehousing ? And by comparison and with apparently so much to gain, why do some logistics service providers and their clients fail to team up effectively?

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40