Logility

JANUARY 26, 2017

I would take this a step further and say you can't know whether or not you are successful unless you have also defined what success is and track against that definition. In the field of supply chain management, we have created an abundance of metrics and key performance indicators (KPIs). requires a different set of metrics.

Procurement Analytics 100

Procurement Analytics Metrics Supply Chain Planning Software Gartner 100

Supply Chain Shaman

OCTOBER 13, 2022

In both cases, there is a clear definition of “winning.” While shipping craziness is abating, the issues and implications of the Russian-Ukrainian war, energy shortages in China and Europe, food instability in Africa, and the global water crisis reverberate as disruption after disruption in the supply chain. Digital Transformation.

Supply Chain Planning Software 219

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 219

Unleashed

AUGUST 14, 2023

This technique largely relies on data-driven decisions and key performance indicators (KPIs) using problem-solving and success metrics to ascertain how your processes can be improved. The packaging was not tested to ensure it was sufficient to protect the shipped goods. The packaging was inadequate to properly protect the products.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Predictive Analytics Software Modeling Software 52

Supply Chain Shaman

APRIL 18, 2023

As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack. The ride is uphill, but the visibility is low. What is normalcy? However, variability and global unrest is rising.

Supply Chain Planning Software 387

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 387

Supply Chain Game Changer

FEBRUARY 19, 2020

Shipping Zones article originally published by, and permission to publish here provide by Jake Rheude at redstagfulfillment.com. Carriers such as FedEx, UPS, and USPS use shipping zones to determine the shipping cost of a package. ECommerce businesses need to pay attention to shipping zones. Shipping Zone Definition.

Negotiating Skills 96

Negotiating Skills Price Reduction Cost Reduction Strategies Shipping 96

Unleashed

APRIL 9, 2024

To measure how effective a company is at delivering complete orders on time, you can use the aptly named On Time in Full (OTIF) metric. OTIF meaning On Time in Full (OTIF) is a supply chain management metric that tracks a supplier’s ability to meet delivery promises. Why is OTIF an important supply chain management metric?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Waste Reduction Cost Reduction Strategies 52

The Logistics of Logistics

JUNE 23, 2022

When asked what peak season is, it’s easy to assume the holidays are the only peak shipping season. However, four shipping seasons occur throughout the year and are often regular and expected. That was the case until the ongoing disruptions of the past few years changed the shipping game. Q2: The Produce Shipping Season.

Supply Chain Planning Software 238

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 238

Silvon Software

MARCH 3, 2023

A Few Important KPIs for Tracking S&OP Performance As a long-time provider of business intelligence applications for manufacturing and distribution businesses, Silvon has played a key role in helping our clients define and implement performance metrics that align their S&OP initiatives with their corporate goals. logistics firms).

S&OP 111

S&OP Procurement Analytics Supply and Demand Analytics Software 111

Logistics Viewpoints

DECEMBER 7, 2021

Just two days before Thanksgiving, FreightWaves reported an “all-time-high 93 ships” were waiting there. Consumer expectations for cheap and fast shipping continue to climb, and consumers increasingly want to order across borders , only compounding the problems. The net effect creates a difficult reality for shippers.

Capacity 191

Capacity Price Reduction Cost Reduction Strategies Inventory Reduction 191

Unleashed

APRIL 21, 2024

This guide breaks down the order processing steps and definition, and then explores a few helpful strategies for improving it. Once confirmed, the ordered items are picked from your inventory, sorted, packed, and shipped to the customer. Shipping: The order is handed over to a delivery service. What is order processing?

Inventory Management Software 52

Inventory Management Software Analytics Software Supply Chain Design Software Demand Planning Software 52

Supply Chain Shaman

DECEMBER 10, 2014

In our recent report on defining supply chain visibility in B2B networks, we provide a definition based on a research study of over seventy participants. Today, it is rolling off the presses, as I write, and it will ship from the Amazon warehouses on December 15th. ” The answer is simple. They don’t.

Supply Chain Network Software 280

Supply Chain Network Software Pharmaceutical Supply Chain Software Supply and Demand 280

SCMDOJO

DECEMBER 11, 2023

From the Purchase Order (PO) Status Report to the RFQ Performance Report, each report is dissected to provide a clear definition and a deeper understanding of its significance. Join us on this exploration as we uncover the definitions hidden within the realm of procurement reports and access free sample reports!

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

Intelligent Audit

SEPTEMBER 30, 2021

The GRI shipping term refers to the usual increase in fees that are applied to container shipping rates. To help your company keep total costs in check, this blog will dig into the fundamentals behind GRI shipping increases, what a GRI surcharge is and a few other things to know. What GRI Stands for in Shipping.

Shipping 52

Shipping Expense Reduction Cost Reduction Strategies Resource Reduction 52

Supply Chain Shaman

MARCH 18, 2018

Snow fell last night as I worked on my last Supply Chain Metrics That Matter report. The concept of the Effective Frontier is that best in class companies align functional metrics to balance growth, cost, inventory and Return on Invested Capital (ROIC) performance while balancing customer service metrics.

Optimal Sourcing 171

Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization Supply Chain Design Software 171

SYSPRO Smarter ERP

NOVEMBER 3, 2021

can be measured to define this metric. Manufacturing Cycle Time : This metric is most accurately obtained using real-time monitoring with a Manufacturing Execution System (MES). They are used to measure how effectively the warehouse processes of receiving, replenishment, fulfilment and shipping perform. Customer KPIs.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. Shipping Frequency, Service Routing, Delivery Time, Compensation Clause, etc.,)

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

Supply Chain Insights

JUNE 1, 2017

The implementation of a common ERP system seems to often be thought of as a necessary step to be able to have visibility to the supply chain – how much product is being made/shipped and when, how much product is there on hand at any given time, when did certain transactions happen (root cause investigations), etc. Orbit Chart for Dollar Tree.

Supply Chain Strategy 161

Supply Chain Strategy Supply Chain Software Price Mitigation Strategies Supply Chain 161

Supply Chain Shaman

OCTOBER 8, 2019

As shown in Figure 1, at a recent client engagement, there is a strong and clear process definition of the budget process and the lack of clarity and discipline in the demand flows for the supply chain. No metric should be measured in isolation, and functional metrics should be replaced with the balanced scorecard metrics shown in Figure 2.

Supply Chain Design Software 186

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 186

ShipBob

MARCH 16, 2022

This is why fill rate is an important metric that ecommerce businesses should track. Fill rate, also called order fulfillment rate, is the percentage of orders that you can ship from your available stock without any lost sales, backorders, or stockouts. That means: Fill Rate = (Total Orders Shipped / Total Orders Placed) x 100.

Optimal Sourcing 98

Optimal Sourcing Warehousing Inventory Management Software Optimization Software 98

GlobalTranz

FEBRUARY 25, 2021

Remanufacturing and refurbishing activities also may be included in the definition of reverse logistics.”. The manufacturing firm would then have to organize shipping of the defective product, testing the product, dismantling, repairing, recycling or disposing the product. Integration Can Decrease Your Return Logistics Costs.

Reverse Logistics 210

Reverse Logistics Logistics Network Optimization Software Material Savings Logistics 210

Demand Solutions

DECEMBER 30, 2014

And let’s say that we have seven line items in stock and can ship them complete. To fill the 8th line item complete we had to ship the product from a DC across the country. For the 9th line item we ran an overtime production shift to get the order shipped complete on time. The company proudly reported a 98% fill rate.

Forecasting 190

Forecasting Supply Chain Planning Supply and Demand Scenario Planning 190

Supply Chain Shaman

AUGUST 12, 2020

The first step was to charter a research project with the Arizona State University statistics department to analyze which combination of metrics drives the highest market capitalization. The research project analyzed 1200 combinations of 180 metrics for four hundred companies for the period of 2010-2012. The result? The reason?

Gartner 239

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 239

Supply Chain Shaman

OCTOBER 25, 2021

Containers wait at each ship node for the chassis. Change internal metrics to a balanced scorecard and force the functions to work better together. We are very early in the definition of outside-in processes. Volume is up. The United States is late in investing in port infrastructure. Container inventory is imbalanced.

Analytics Software 195

Analytics Software Analytics Supply Chain Design Software Supply Chain Planning Software 195

Enterra Insights

MAY 24, 2021

I was surprised to learn there is another definition for the term “change face.” Business leaders ready to transform a company have to rethink everything: business models, product development, marketing processes, fulfilment, and success metrics.”[5] Shipping and delivery to consumers. Supply chain.

Retail 130

Retail Modeling Supply Chain Planning Software Modeling Software 130

The Logistics & Supply Chain Management Society

MARCH 14, 2023

Some examples of these would be the Xeneta Shipping Index, Freightos Freight Rate Index, Container Trade Statistics Price Index, and the Drewry World Container Index. The KPI is a qualitative index (not a definitive scorecard) that provides an unbiased perspective to shape our logistics service providers’ mindset and actions.

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

Supply Chain Matters

APRIL 20, 2022

Oracle has announced findings from a termed No Planet B corporate sustainability study that provides definitive data regarding viewpoints from customers and consumers on areas related to business sustainability and overall business ESR i nitiatives. Announced Survey Findings. This study, sponsored by Savanta, Inc.

Survey 111

Survey Sustainability Cost Reduction Strategies Sourcing Strategies 111

Supply Chain Shaman

OCTOBER 25, 2021

Containers wait at each ship node for the chassis. Change internal metrics to a balanced scorecard and force the functions to work better together. We are very early in the definition of outside-in processes. Volume is up. The United States is late in investing in port infrastructure. Container inventory is imbalanced.

Analytics Software 195

Analytics Software Analytics Supply Chain Design Software Supply Chain Planning Software 195

Supply Chain Cowboy

MARCH 1, 2015

But is your scorecard missing key metrics? It includes a free Excel template that you can modify to match exactly what metrics you want to measure. While some of these metrics might not apply to your business model, there’s definitely a few to add if they measure something important to you and your customers.

Vendor Strategies 40

Vendor Strategies Metrics Price Reduction Expense Reduction 40

Logistics Viewpoints

DECEMBER 1, 2022

The only bright note is that shipping costs will be a fraction of what they were over the last several years. The verdict would have been “definitely nailed it” if we were counting all of the “ML-washing” going on in the supply chain and logistics technology market. Figure 1: U.S. Container Import Volume Year-over-Year Comparison.

Predictive Analytics Software 199

Predictive Analytics Software Logistics Network Optimization Software Cost Reduction Strategies Resource Reduction 199

Freightos

APRIL 24, 2018

Today, the go-to metric for that question is typically Standard & Poor’s 500, the Nikkei, or the Dow Jones Industrial Average (a shockingly poor indicator , if you look closer). Nearly every industry has created on-demand metrics to gauge market performance, hedge risks, and make decisions accordingly. The driver?

Freight 142

Freight Logistics Network Optimization Software Supply Chain Planning Software Los Angeles 142

E2open

APRIL 3, 2017

Effective February 2017, Walmart is requiring its suppliers to meet either a same-day or two-day shipping window instead of its previous four-day window and has upped its required compliance rate from 90% to 95% (Source: Walmart’s new on-time delivery standards may create supply chain challenges for its suppliers ). Monday 3 April 2017.

Packaging 60

Packaging Procurement Analytics Metrics Procurement Solutions 60

E2open

APRIL 3, 2017

Effective February 2017, Walmart is requiring its suppliers to meet either a same-day or two-day shipping window instead of its previous four-day window, and has upped its required compliance rate from 90% to 95% (Source: Walmart’s new on-time delivery standards may create supply chain challenges for its suppliers ). Monday 3 April 2017.

Packaging 60

Packaging Procurement Analytics Metrics Procurement Solutions 60

E2open

APRIL 3, 2017

Effective February 2017, Walmart is requiring its suppliers to meet either a same-day or two-day shipping window instead of its previous four-day window, and has upped its required compliance rate from 90% to 95% (Source: Walmart’s new on-time delivery standards may create supply chain challenges for its suppliers ). Monday 3 April 2017.

Packaging 60

Packaging Procurement Analytics Metrics Procurement Solutions 60

Supply Chain Shaman

JUNE 6, 2013

Closing the gaps happens when there are aligned metrics, clarity of vision and aligned planning processes. For clarity, the definitions are: -Strategic Planning: The frequency is either monthly or quarterly and the focus is on long-term planning. Metrics Alignment. They lack cohesion. Many are not.

Supply Chain Planning Software 280

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 280

The Logistics of Logistics

OCTOBER 8, 2012

If you do not want to start at the 3PL as a contact customer with a SLA/KPIs, you can ship your goods and become a public account. This SLA/KPI has to be negotiated and agreed upon by you and your 3PL partner.This negotiation time can take three (3) to Six (6) months. Later, as you grow and gain experience, you can become a contract account.

Third Party Logistics 145

Third Party Logistics Negotiating Skills Purchasing Skills KPI 145

3PL Insights

OCTOBER 24, 2017

For every crate, the journey from shelf to shipping is adjusted and configured through an algorithm. The robots are typically connected to a Robotic Management System (RMS) that integrates data regarding product—what’s high in demand, what needs to be picked and shipped quickly. Autonomous vehicles might also emit a horn automatically.

Warehousing 112

Warehousing Inventory Reduction Predictive Analytics Software Supply Chain Software 112

Unleashed

MARCH 31, 2021

When we refer to the ‘supply chain’, we’re referring to the network of suppliers, manufacturers, producers, shipping companies and more who, when combined, produce, ship and sell products and services to end-users. A lean business looking to build efficiencies would do well to try and improve this metric. What is logistics?

Supply Chain Planning Software 69

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 69