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Metrics and Issues to Consider in SQM (Supplier Quality Management) By 5 Big Industries

Cerasis

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. In today’s post, Chuck will take it a step further and break down metrics and issues to look out for by 5 main industries: Pharmaceuticals. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site.

Supplier Quality Management: What it is, 5 Key Metrics to Know & a 4 Step Supplier Evaluation Process

Cerasis

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. Therefore, it is paramount for you as a logistics and supply chain professional to have a keen sense of how to properly evaluate a supplier. 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.

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Peak Freight Preparedness: Creating New Value Through Performance Management

Intelligent Audit

To maintain efficiency, supply chain leaders need to understand a few things about how peak freight preparedness always goes back to leveraging shipping data and creating new value through performance management. Peak Freight Preparedness Hinges on Efficient Management.

Guest Post: Ignoring this Performance Metric is Risky

TMC

It can be practically zero—as is the case with earthquakes and fires—or even negative, when a disruption is detected after the event. However, the number of extreme events appears to be on the rise, and companies are becoming more sophisticated weather watchers. A major freight company employs a team of meteorologists that works closely with its flight dispatchers and contingency coordinators, for example.

Supply Chain Goals: Gracefully Overcoming the Hurdles of Global Sports Events

BluJay Solutions

If supply chain is the ultimate team sport, nothing tests the game strategy and teamwork like a worldwide event. Preparations for this athletic mega event have been at full throttle for a long time. With 32 countries facing off in 64 soccer matches, everything must be perfectly coordinated so as not to mar the magic of the event. Massive sports events, such as the World Cup, involve Herculean tasks that few people see.

7 Incredible Benefits of Cloud-Based Logistics Management

Cerasis

In the below article I propose to have a look at the main benefits and advantages of the cloud-based logistics management. Each industry has its peculiarities, among the others, in the logistics, manufacturing, and supply. The cloud-based supply chain software can be customized to suit your industry, your transportation , freight-forwarding and warehousing specialty, import-export regulations. The cloud-based logistics is a “pay-per-use” model. Logistics

Wanted: Supply Chain Architects!

Supply Chain Shaman

I knew nothing about the world of logistics, inventory management and order optimization. It is usually driven by the logistics and transportation functions. This work is typically periodic to accompany a freight bid or an end-to-end project. I then pack my bags and scoot out the door to sign books and discuss the research completed for the S upply Chain Metrics That Matter book at the ISM event on Thursday, May 14th in Atlanta.

This Week in Logistics News (September 7-11, 2015)

Talking Logistics

Here’s what I wrote back on this date in 2009, as I recalled the events of that tragic day eight years earlier: I grew up in Brooklyn, New York, near Red Hook and the docks. The folks from Manugistics left not knowing how they would get back home to Maryland, and I joined my colleagues next door at the Hilton to watch the events on TV. Remembering 9/11 seems more important to me, even if it doesn’t directly relate to supply chain and logistics. Today is September 11.

26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

Logistics can be traced all the way back to the Greek and Roman empires , but it’s undergone several major transformations as new technologies provide opportunities to more efficiently manage the movement and storage of goods. In the digital transformation age, logistics is once again undergoing a major shift. These technologies also contribute to a rise in big data and analytics in the logistics field. ” Meet Our Panel of Logistics Pros: Brian Jessup.

This Week in Logistics News (August 13-17, 2018)

Talking Logistics

Back at work, getting caught up on all of the supply chain and logistics news from the past two weeks. More than 154 million shipping events have been captured on the platform, including data such as arrival times of vessels and container “gate-in”, and documents such as customs releases, commercial invoices and bills of lading. This data is growing at a rate of close to one million events per day. I’m back from vacation. Well, back physically.

This Week in Logistics News (March 4-8, 2019)

Talking Logistics

And with that, here’s the supply chain and logistics news that caught my attention this week: Walmart Toughens Delivery Demands for Suppliers (WSJ – sub. The thing that makes supply chain and logistics so exciting and frustrating and challenging is that just when you think you’ve figured something out or have it under control, the world changes on you. Providers of real-time freight visibility solutions.

The 5 Most Popular Logistics Blog Posts for 2015….So Far

Cerasis

We are a bit past the halfway mark for 2015, but since this marketing manager's vacation is this week, we have decided to make sure we still have our usual "Top Posts for the first half of the year" annual event (read, these are easier to schedule while we are out!). . We will feature our 5 main categories all week: Logistics, Manufacturing, Supply Chain, Transportation, and Freight. 5 Most Popular Blog Posts from the Logistics Category. Other Top Logistics Blog Posts.

Logistics Outsourcing

LeanCor

Strategic Freight Bids: A Benefit of Logistics Outsourcing. For shippers, freight bids are typically the first and most effective tool used to identify savings opportunities in transportation spend. Whether it’s picking up the phone and calling ten different carriers or managing a robust RFQ process, more and more shippers are reaping the benefits of logistics outsourcing to optimize this process. Future metrics will now focus on: 1) Total Transportation Savings.

IMO 2020 is Here. Are You Ready?

Supply Chain Game Changer

Under this regime, the primary responsible party in the freight market will be the vessel owner or operator. million metric tons annually. New fuel will likely cost more than current bunker fuels and fuel surcharges will likely be added by carriers & its expected to increase freight rates by at least 15% to 30% in 2020. will also need to update freight tariffs accordingly. Preparing for a New Marine Freight World. Subscribe Here! Email Address.

50 expert tips on logistics planning and strategy

6 River Systems

As the biggest players in fulfillment, distribution and omnichannel retail continue to push boundaries, logistics and planning strategists are forced to innovate. Luckily, the current movers and shakers of the logistics and supply chain world are all too happy to dole out sage advice in the form of blog posts, interviews, podcasts — you name it. Logistics strategies for streamlined fulfillment. Logistics personnel and supplier management pointers.

4 Long Term Ways to Save with Less Than Truckload Freight Shipping

Cerasis

So, your organization has decided to explore the benefits and perks of less than truckload freight shipping. The dedicated TMS can further eliminate the frustrations that occur with typical full-truckload (FT) shipments and small package freight by combining all KPIs and available options into a single, comprehensive tool. Overall Costs of Less Than Truckload Freight Shipping. Few shipping processes can be more complicated than managing Less than truckload freight shipping.

Preparing Your Supply Chain for Capacity Challenges

Transplace

It’s a fascinating time in the logistics industry. I recently had the opportunity to discuss how to prepare your supply chain for capacity challenges with Adrian Gonzalez on an episode of Talking Logistics. You need to spend the necessary time to create a playbook for what will happen within your network during any disruption or seasonal event. Shippers (or their 3PL partners) may have a core carrier base that may be managing up to 60-80% of their freight.

Preparing Your Supply Chain for Capacity Challenges

Transplace

It’s a fascinating time in the logistics industry. I recently had the opportunity to discuss how to prepare your supply chain for capacity challenges with Adrian Gonzalez on an episode of Talking Logistics. You need to spend the necessary time to create a playbook for what will happen within your network during any disruption or seasonal event. Shippers (or their 3PL partners) may have a core carrier base that may be managing up to 60-80% of their freight.

The World Bank Cares About Logistics

Supply Chain View from the Field

One of the highlights of the BVL was a panel discussion by the World Bank, talking about their global logistics study. Jean-Francois Arvis spoke about the World Bank Study on the Logistics and Public Sector. The World Bank is looking at logistics form a policy perspective, which has just emerged in the last ten years. JP referred to the importance of logistical events in history to set the context. What are objectives of the state for logistics?

This Week in Logistics News (February 18-22, 2013)

Talking Logistics

Labor and management work out deal at Port of LA/Long Beach ( Logistics Management ). In addition, users are able to view events of a shipment, imaged documents, and can email their account representative with questions on a particular move. Robinson, Con-way, and Transplace are Logistics Viewpoints sponsors). Tweet The post This Week in Logistics News (February 18-22, 2013) appeared first on Talking Logistics with Adrian Gonzalez.

Mexico 100

The Top Finance Supply Chain KPIs to Measure for Shippers

Intelligent Audit

Mike Griswold, Vice President Analyst at Gartner , had this to say about the value supply chain KPIs and metrics. Supply chain metrics provide the vehicle to ‘look at the results’ and gauge the effectiveness of an organization’s execution strategy.

Sorry, I’m Not Sure: Supply Chain and Logistics Predictions for 2018

Talking Logistics

I will be wrong again,” I stated last year before making my supply chain and logistics predictions for 2017 , and I was right. But I was right with some of my other predictions, especially my prediction that we would see a rise in cyber attacks in 2017, with supply chain and logistics operations becoming new targets. UPS Joins Top Alliance To Create Blockchain Standards For Logistics. Kenco Group (a Talking Logistics sponsor) is a great example. Source: Evan, Flikr. “I

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. Many suppliers are seeing the COVID-19 pandemic as a “black swan” event. Logistics. You should also check your event forecast frequently, multiple times per week preferably. SupplyPike has created supply chain software solutions to help with logistics, replenishment, forecasting, and analytics.

DC 49

Reimagine Supply Chain of the Future – agile, resilient, and balanced – LogiSYM July 2020

The Logistics & Supply Chain Management Society

Supply-chain resilience requires a risk-aware culture to establish and maintain strong defensive layers against unknown risks, as well as respond more quickly in the event of a severe crisis or operational threat. Let me start with a quote from a great leader!!

How to Get a Job in the Supply Chain Sector

Logistics Bureau

You are not alone, especially as in the time since we first penned this article, one huge and unforeseen event has raised awareness of the global importance of this vital sector—and shown it to be an attractive career choice. Organise collection and shipment of freight.

This Week in Logistics News (May 22-26, 2017)

Talking Logistics

The Supply Chain and Logistics Hall of Fame. Moving on, here’s the supply chain and logistics news that caught my attention this week: MercuryGate Launches ezVision. Cloud Logistics’ Second Zero Downtime Release of 2017 Marks Continued Rapid Pace of Innovation. Honeywell’s Connected Freight Technology Monitors High-Value And Perishable Goods In Transit, Helping Prevent Damage, Loss And Theft.

3 Components to a Complete Lean Transportation Management System

LeanCor

We partner with a third party logistics provider to manage our transportation management. We have formally educated, experienced, and disciplined logistics professionals on our transportation team. After all, logistics processes are labor intensive and hence the importance of people. Although many people are looking for the “magic bullet” from technology, the fact remains that logistics is about processes, and people execute processes.

Lean 186

3 Easy to Implement Technology Functions of a TMS that Streamline Transportation Management Practices

Cerasis

For many, the process of actually finding and setting up the right shipment for any freight – full load or LTL – can be the hardest part. In order to continually improve your transportation management best practices, having the ability to analyze important transportation metrics easily , is a must. Identify factors that impact your freight shipping costs. With this freight data, you are able to see how changes in you shipping patterns can affect your overall cost.

Cloud-Based TMS: 7 Reasons Why Transportation Management Systems Have Their Heads in the Cloud

Cerasis

The cloud offers unique benefits to shippers, vendors, customers and logistics providers. Traditional challenges, like managing updates, integration between different systems and multi-location deployment, can be overcome through cloud-based TMS , reports Merrill Douglas of Inbound Logistics. Historically, TMSs were out of reach for companies moving less than $100 million in freight , but cloud-based systems give everyone a fair chance at the best rates.

How to Build Better Supply Chain Finance Goals With Analytics

Turvo

Few events carry the notoriety of black swans, and the COVID-19 pandemic is the most unprecedented and disruptive event to affect supply chains in decades. Nothing comes close to the level of turmoil it has caused, and for supply chain leaders, the severe disruption, and changes to freight rates—not to mention limited capacity—contribute to more uncertainty. These metrics go a long way in the financial planning of your business, not to mention customer service levels.

Letter from the CEO: Coronavirus Market Update

Transplace

Spot market rates are increasing for freight going from Mexico to the California, Washington, and Oregon areas. The global air freight market for Asia, Europe and North America is impacted by the dramatic decline in commercial passenger flight volume creating capacity shortages and volatile spot market pricing without transit time commitments. VLSFO (Very Low-Sulfur Fuel Oil) $315 per metric ton 3/12 comparted to $740 per metric ton in January 2020 = 57% decrease.

Why Singles Day Will Become A US Sales Festival

Freightos

But changing Chinese demographics and global logistics trends may transform Singles’ Day 2020 into a major milestone for US exporters and retailers. Chinese Logistics Infrastructure is Making US->China E-Commerce More Feasible. The logistics infrastructure in China is wildly underdeveloped compared to the United States. One popular metric – a country’s logistics costs as a percentage of GDP – has China at 18% and the US at only 8.5%.

10 Ways You Can Save Money On FTL

CargoBarn

Let’s face it, freight costs are rising as a result of the capacity crunch and driver shortage. The supply chain is one of the largest cost centers for any business, so finding ways to save on truckload freight is a top priority. You have the most control over your own internal processes, that’s why streamlining how you and your logistics team works is low hanging fruit for saving money on truckload shipping. From there, they can select the best bid and book their freight.

The Transportation Management System Barbell

Talking Logistics

One of my supply chain and logistics predictions for this year was that the transportation management system (TMS) market will become more barbell-shaped ( mirroring what is happening in the third-party logistics industry ). “We’re Based on recent announcements by LeanLogistics and MercuryGate (which are both Talking Logistics sponsors), it looks like the broader, more integrated, and feature-rich end of the TMS barbell is getting larger.

3 Things to Consider When Weighing Your (Delivery) Options

FLEXE

The logistics that support a compelling delivery promise require a lot of work behind the scenes, but consumer demands for better delivery options make a strong fulfillment strategy critical for growing your business. Amazon spent decades building an incomparable eCommerce logistics infrastructure that makes high-volume, free, two-day delivery possible for its millions of Prime members. Assumptions and intuition don’t drive business decisions, quantifiable metrics do.