Last Mile Metrics: 11 Metrics to Measure in Last Mile Logistics

GlobalTranz

Using technology to improve last mile metrics is essential to driving last mile costs down, but how do shippers know if the technology is helping or hurting? The answer to this question lies in using last mile metrics to track key performance indicators and target levels of service to ensure accountability, visibility and continued reduction of costs in last mile delivery. Essentially, shippers need to track these 11 metrics. On-Time Deliveries Are King of Last Mile Metrics.

Three Key Trends From The WERC DC Measures Survey

Lucas

WERC’s Annual DC Measures Survey is a great tool for benchmarking your distribution center and warehouse operations, but it’s also a valuable resource for identifying trends across the industry. This year’s survey showed the growing importance of labor-related metrics in assessing DC performance. Trend One: Labor Metrics Dominate . The metrics cover inventory, warehouse operations, financial, and labor-related measures.

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This Week in Logistics News (February 17-21, 2014)

Talking Logistics

According to the product sheet , “Oracle Global Trade Intelligence provides a dashboard view into the unique metrics by which your customs and compliance operation measures success. Trade Representative, met in Washington, D.C. For more on this topic, as well as the Trans-Pacific Partnership, I invite you to participate in our upcoming Talking Logistics episode with Pete Mento, Director Global Customs and Trade Policy at C.H.

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Reverse Logistics: Who Does it Well?

Logistics Bureau

It would be tempting to think of reverse logistics as forward logistics done backwards. Reverse logistic isn’t simply a reverse gear. Reverse logistics can also have a dramatic effect on steering a company’s fortunes. Reverse logistics is therefore worth doing, and worth doing properly. Looking to real-life examples for inspiration, we can ask, ‘Who does reverse logistics well?’ This also qualifies as reverse logistics.

A Model for Employing Disabled Workers in Warehousing

Logistics Viewpoints

Körber is a leading provider of logistics software, material handling, voice, and consulting solutions. The goal was to start with the “what” – how workers receive, pick, and ship goods and ensure that the same processes and tools were being used across the DC network.

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Reducing Costs in Shipping with a Focus on Inbound Logistics Strategy

GlobalTranz

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. Reducing Costs in Shipping with a Focus on Inbound Logistics Strategy. This is the obvious benefit of having the power to control inbound logistics.

Profitable E-commerce is all about how and who leads your Fulfillment Operations

Supply Chain Network

In fact, this year I have the pleasure of presenting my insights from the perspective of someone who lead the business side and now leads a team on the logistics service provider side. This presentation will provide a comprehensive look at best practices in, and the effect of, Omni-channel in the DC and outbound supply chain. This session will also cover how Omni-channel affects the costs and metrics in distribution. Maintaining your DC’s service level commitments.

Supply Chain Best Practices during a Quarantine

SupplyPike

Learn how to: Keep your logistics on time and prepared Maintain your replenishment goals Properly forecast and redefine your demand plan Use technology to help. Logistics. Supply Chain covid-19 demand forecasting logistics pandemic replenishment supply chain technology

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Collaboration at the Logistics Sharp End – Can It Work?

Logistics Bureau

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. In this article, we look at why you might want to collaborate in your logistics, where opportunities lie, what makes collaboration work, and conversely, what makes it fail. What Can Companies Gain from Collaborating in Logistics?

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Supply and demand production challenges with new products

Kinaxis

Thus, a new product introduction will require a supply chain logistic network redesign. By implementing the above actions, supply chain managers can use the Tracking Ratio (TKR) metric during the introduction phase to measure the rate between the variety manufactured and customer orders. The TKR is calculated as follow: TKR i =MC i /DC i [1]. Where i is working week, MC is count of different manufactured items in week i, and DC is count of different demanded items in week i.

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Network Optimization – What are your Success Criteria?

Supply Chain Game Changer

Check out To DC Or Not To DC? In Manufacturing, Distribution, Logistics and Retail the effectiveness of your network will make the difference between success and failure. Benchmark metrics (eg. SupplyChain #Lean #SCM #Logistics #Distribution #Business. Business Process Optimization Freight and Logistics Supply Chain Management Business Distribution Lean Logistics SCM supplychainSubscribe Here! Email Address.

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Supply Chain Management Case Study

LeanCor

Current metrics included: Inter-Plant (Inter-DC) Freight Costs. Align plant/logistics goals, and agree on joint efforts for improvement of holistic business performance. Future metrics would now include: Inter-Plant (Inter-DC) Freight Costs. Read – Supply Chain Management Case Study: Healthcare Logistics. Read – Supply Chain Management Case Study: Inbound Logistics Network Design.

Navigate Shipping Landscape with Proactive Analytics

Talking Logistics

If you get an invoice for your DC Outbound account number this week which contains roughly a week’s worth of shipments, you will receive an invoice for this same account next week with roughly a week’s worth of shipments. Use the Correct Metrics. Therefore, using the correct metrics is crucial. Therefore, stay away from “Total” metrics. These metrics would include Total Spend, Total Number of Shipments, Total Accessorial Cost, Total Weight, etc.

The Better Goal: More Fuel Efficient Trucks or Using Fewer Trucks?

Talking Logistics

According to the press release : The proposed standards are expected to lower CO2 emissions by approximately 1 billion metric tons, cut fuel costs by about $170 billion, and reduce oil consumption by up to 1.8 Regardless of your point of view on truck fuel efficiency standards, the reality is that it only addresses part of the opportunity available to shippers, carriers, and third-party logistics providers (3PLs) to reduce transportation costs and carbon emissions.

Four Ways a TMS Solution Leverages Predictive Analytics

Supply Chain Collaborator

TMS users in transportation logistics organizations are sitting atop a gold mine of actionable data captured by their TMS solutions. The shrewd operators are leveraging these data to support predictive analyses with the goal of achieving more accurate planning and execution of logistics as product moves through their supply chain. This data can be analyzed and leveraged to help reduce dwell times and improve DC throughput.

Sam’s Club Updates Appointment Scheduler and OTIF Standards

Zipline Logistics

It currently just uses on-time metrics to grade suppliers and the store’s retail buyers can base purchasing decisions on a brand’s delivery performance. Sam’s Club launched its OTIF program in the spring of 2018, following the logistics compliance precedent set by Walmart.

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Freight Broker Business: Increase Shrinking Margins With Better Analytics

Turvo

Freight brokers that try to rapidly enter the market without the technology and ability to really compete with their competitors, i.e. “work with shippers to secure more bookings,” always fail, notes DC Velocity.

How to Maximize WMS to Increase E-Commerce ROI

Veridian Solutions

Changing state of logistics. Meanwhile, the changing state of logistics will require more integration with new systems, including those created by third-party logistics providers (3PLS). Understanding the data behind the action, including employee performance, cycle times, metrics, and other key performance indicators will enhance ROI.

Guest Commentary: P.O. Management Programs – Know Pain, Know Gain!

Talking Logistics

Your stakeholders can: Align sourcing, purchasing, logistics, and I.T. management and related logistics objectives. Discrepancies decrease between planned and actual logistics activity. Buyers, planners, and logistics staff spend less time and money tracking order status. performance metrics to influence vendor behavior and impact sourcing choices. Logistics staff manages transportation costs through mode and carrier selection guidelines.

4 Questions Before Investing in a Transportation Management Solution

Talking Logistics

The same is true if you plan to open more stores or distribution centers in new locations, expect to grow your ecommerce operations, want to implement DC-bypass, are thinking of providing same-day delivery, and so on. Historically, one of the most labor-intensive and time-consuming aspects of a traditional TMS implementation is connectivity — i.e., establishing electronic communication with carriers, suppliers, logistics service providers, and other external trading partners.

50 warehouse automation stats you should know

6 River Systems

General warehouse industry statistics Warehousing costs & revenue statistics Warehouse efficiency statistics Labor statistics in the warehousing industry Automation adoption in the warehousing industry Warehouse performance metrics Warehouse automation stats: General warehouse industry statistics 1. According to Logistics Management , the average clear height of distribution centers was 32.7 Worldwide warehousing and logistics robot shipments are increasing.

What the OTIF Mandate Means for Walmart – and What it Means for You (Part 2)

E2open

The demand from a Walmart DC or another retailer’s DC was lumpy by definition. Traditionally, data from Walmart and other retailers has been used by account teams to confirm the achievement of metrics and service-level agreements (SLAs), cross-check penalties computed by retailers and identify root causes of shortfalls such as inadequate supply, insufficient forecasts, or warehouse or transportation delays.

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What the OTIF Mandate Means for Walmart – and What it Means for You (Part 2)

E2open

The demand from a Walmart DC or another retailer’s DC was lumpy by definition. Traditionally, data from Walmart and other retailers has been used by account teams to confirm the achievement of metrics and service-level agreements (SLAs), cross-check penalties computed by retailers and identify root causes of shortfalls such as inadequate supply, insufficient forecasts, or warehouse or transportation delays.

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Supply Chain Case Study: the Executive's Guide

Supply Chain Opz

Cisco Systems would like to be the brand of customer choice so they implement a very comprehensive supply chain risk management program by applying basic risk mitigation strategies, establishing appropriate metrics, monitoring potential supply chain disruptions on 24/7 basis and activate an incident management team when the level of disruption is significant. Cost of inbound logistics is not taken into account.

What is Preventing Your Supply Chain From Being a Strategic Differentiator?

BlueYonder

Let us examine these: Organizational Silos: Broadly speaking, in any organization there are Commercial teams consisting of Sales and Marketing, and Operational teams consisting of Logistics and Production. Misaligned incentives and lack of accountability: Commercial teams are mainly measured by the volume and revenue driven metrics whereas Operations teams are mainly measured on cost oriented metrics such as inventory turns and production and distribution efficiencies.

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How Quickly Things Change: April Freight Market Index Commentary

BluJay Solutions

Before looking into BluJay’s quarterly metrics, JBF Consulting and BluJay want to recognize the devastating impact of COVID-19. Additionally, the vast majority of DC to store freight in grocery and big-box retail is handled by private or dedicated fleets.

Fulfillment: Where Should I Ship From?

ChannelAdvisor

The report can be run with the inclusion of the distribution center (DC) so you can view the inventory velocity for your products held at your DCs. This report is useful for identifying those SKUs which are fast moving and at risk of selling out quickly to enable logical decisions about how to stock each DC. . These widgets allow sellers to monitor either partner performance or their own warehouse performance, as well as keep in line with marketplace seller metrics.

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50 expert warehouse order picking tips, strategies, and best practices

6 River Systems

The efficiency of order fulfillment from warehouses has become an important focus in logistics management as customers demand quicker deliveries. From an auditing perspective, your on-hand inventory in your DC needs to be accurately reflected in your accounting systems.

25 supply chain experts reveal the best tactics to optimize a supply chain

6 River Systems

From raw materials sourcing to warehouse operations , logistics technology , order fulfillment and beyond, there are dozens of points throughout the supply chain, all of which contribute to overall supply chain efficiency. William Crane, Founder & CEO of IndustryStar Solutions , is an entrepreneur and experienced executive in supply chain with demonstrated results starting, launching and enhancing procurement, logistics, supplier quality and manufacturing companies globally.

The Importance of Supply Chain Resilience

Enterra Insights

In Washington, DC, policy circles, much attention has been paid to areas with a direct impact on defense and national security, such as semiconductors and rare earths. Years ago, María Jesús Sáenz, a professor at the MIT-Zaragoza International Logistics Program, and Elena Revilla, a professor of operations at IE Business School, wrote, “At many companies, the resiliency of the supply chain has not kept pace with the continually rising level of logistical complexity.”

Fast Fashion—Mastering Affordable Distribution in a Flash

FLEXE

It spends another week getting through a regional DC network, put away, and only then is ready for picking and distribution to retail stores. A deviation from traditional models where sales reports and formal marketing metrics inform decisions and then mass quantities of product is pushed out to stores based on those findings. You don’t have to be Inditex , owner of fast fashion chain Zara and second largest fashion company in the world, to afford a fast fashion supply chain.

Guest Commentary: Is Your TMS Pulling Its Weight?

Talking Logistics

Track your shipments, communicate with your carriers, confirm deliveries and continuously monitor important metrics. To the DC, to the retailer! He has 30 years of experience in technology sales & marketing, including 10 years in the logistics industry. appeared first on Talking Logistics with Adrian Gonzalez. Can you name all eight of Santa’s reindeer (nine, if you count Rudolf)?

Fast Fashion—Mastering Affordable Distribution in a Flash

FLEXE

It spends another week getting through a regional DC network, put away, and only then is ready for picking and distribution to retail stores. A deviation from traditional models where sales reports and formal marketing metrics inform decisions and then mass quantities of product is pushed out to stores based on those findings. You don’t have to be Inditex , owner of fast fashion chain Zara and second largest fashion company in the world, to afford a fast fashion supply chain.

12 Supply Chain Basics Your Company Must Get Right

Logistics Bureau

It’s not unusual for example, for companies to measure their supply chain performance only on the basis of financial metrics like supply chain cost per order. Inventory management begins with sourcing and cuts across purchasing and logistics functions. Even if you have a well laid-out warehouse, DC optimisation doesn’t stop there. If you’re a supply chain professional, the tips and guidance in this post will probably not be new to you.

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3 Technology Companies Disrupting Shipping

FLEXE

FLEXE , Flexport and Convoy –three technology companies adding flexibility to the supply chain–,recently hosted the first Peak Logistics breakfast in Seattle, Washington. The founders of each company came together to discuss the overlap of technology and logistics and how it can be used to solve every day problems. And, again, with the power of the marketplace in scale, you start to get comparative metrics. DC Velocity, which is a supply chain logistics magazine.