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9 Key Topics to Understand to Frame A Shipper’s Mind for Effective KPI Management with a 3PL

GlobalTranz

This is the first post in an ongoing series on effective KPI management from third party logistics consultant, Chuck Intrieri, of The Lean Supply Chain. . How does an SLA work with Key Performance Indicators (KPIs)? Many logistics service providers will provide their customers with an SLA. Collaboration.

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The Approach to Effective Freight Procurement

The Logistics & Supply Chain Management Society

Pre-Procurement Before commencing on a Procurement Exercise, it’s important to collaborate with internal stakeholders, including procurement teams, logistics departments, and related teams, to ensure alignment on objectives, requirements, and budgets. Work with legal and procurement teams to draft the contract documents.

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Employing this S.M.A.R.T. Technique with a Logistics Company to Create Total Stakeholder Satisfaction

GlobalTranz

Today we continue our series on successfully working with a logistics company, often called a third party logistics company by focusing on how to properly understand the success of the engagement by knowing all the key performance indicators that a shipper could put in place. This starts with deploying the S.M.A.R.T.

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Top 6 Supply Chain KPIs: Keep Your Dashboards Simple

Logistics Bureau

The components of the perfect order KPI are as follows: On-time delivery: A calculation of the percentage of sales orders that arrive on time. In full delivery: This KPI tracks the percentage of sales orders that are delivered completely, meaning that the customer receives the correct items, in the right quantities. x 0.96 = 0.8661.

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Supply Chain KPIs & Metrics: Our Top 24 for Manufacturers

Silvon Software

In fact, such KPIs are so crucial right now that the supply chain analytics market is expected to reach nearly $17 billion by 2027 as companies ramp up their supply chain performance management initiatives. Why is KPI tracking so important in supply chain management? Inventory KPIs and Metrics for Managing Supply Chain Performance.

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The 7 Habits of Highly Effective 3PLs

The Logistics of Logistics

The best 3PLs do a great job of communicating with their clients and logistics partners. During the post Implementation phase, a top notch 3PL will provide communication on the following: shipment management, documentation, rolling out new initiatives, new services and ongoing training. Habit 2 – Measure Logistics Performance.

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Why 3PL outsourcing for warehousing operations makes sense

Kanban Logistics

Software: 3PL providers invest in the latest warehousing and logistics technology so you don’t have to. Two areas that should be of interest are continuous improvement and KPI management. Continuous improvement For most companies, it is important that their 3PL partner has a documented continuous improvement program (CIP) in place.