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Walmart OTIF Metrics

SupplyPike

We’ve discussed the basics of OTIF and the fundamentals of OTIF before, but we thought we’d drill down deeper into the individual metrics. First, we’ll start by reviewing the basic goals of OTIF, and then we’ll dive into each metric and the compliance issues of each metric. We are only covering Supplier Accountability OTIF metrics. when Walmart manages the transportation) : 95% of all cases are routed on time and ready for pick up. Supplier Ship Point.

Food Trends That Could Have an Impact in 2021

Zipline Logistics

Since much of the previous year in business and elsewhere was defined by a global pandemic, we are left asking what will 2021 look like for food and beverage shippers. Food trends had an interesting 12 months as things changed quite a bit throughout the course of COVID-19.

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Why Quintiq employees are donating their time to the World Food Programme

DELMIA Quintiq

As CEO of Quintiq, it’s a great honor to partner with the World Food Programme (WFP). It’s about bringing food—the most basic of needs—to those who need it most. million metric tons of WFP food assistance every year. On any given day, WFP operates an average of 70 aircraft, 20 ships and 5,000 trucks. Why instead are Quintiq employees donating their precious time to the World Food Programme?

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Why TMS Solutions Becoming “Must Have” for Food Shippers

Supply Chain Collaborator

“High freight, fuel and labor costs are forcing food distributors to streamline their businesses,” begins the recent article in the Wall Street Journal. The piece revealed a rise in operating expenses of 6% at world’s largest food distributor, Sysco Foods and a boost of 2% at US Foods. — Food Shippers Lag in Terms of Automation Levels in their Supply Chains. Surging demand is also pushing up the cost of for-hire transportation.”.

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Vendor-managed inventory and distribution planning in the food and beverage industry – here’s something to chew on

Kinaxis

by Jeswin Philip The Food Packaging Trends and Advances report from PMMI forecasts that the US Food and Beverage industry will experience a 2.9 % CAGR through 2022. The report also mentions that the global growth rate is almost double that of the US food industry. Food for thought: Time for a different kind of supply chain. Better transportation planning. Optimize to reduce transportation spend, while maximizing shipment efficiency.

Which Metrics Matter? Interview with Philippe Lambotte

Supply Chain Shaman

My journey to understand supply chain Metrics That Matter started three years ago. Balance: The ability to balance a portfolio of metrics to maximize market capitalization and free cash flow. The early results from the ASU study will be featured in the book Metrics that Matter and it will be the core of the upcoming Supply Chain Global Summit on September 10-11, 2014 in Scottsdale AZ at the Phoenician. (We How do you balance metrics ? .

How Supply Chain Efficiency Can Cut Costs for Food Ingredient Shippers

Zipline Logistics

Controlling costs in the supply chain is an excellent way for businesses in any sector to find increased profitability, but it is especially true for food ingredient shippers. In a uniquely positioned industry that is both time-sensitive and commodity-driven, suppliers must manage transportation, storage, and distribution of products to key production facilities. How Food Ingredient Shippers Can Make Logistics Improvements .

Food Waste and World Hunger – The Food Supply Chain is Broken! (Videos)

Supply Chain Game Changer

But the single most important Supply Chain is the Food Supply Chain! Our very survival depends on there even being a Food Supply Chain. On one hand there is a horrendously large amount of Food Waste. The Food Supply Chain, the most important Supply Chain in the World, is BROKEN! Food Waste. Over 1/3 of all the food that is produced in the world is wasted! Billion tonnes of food every year. Food Waste Meets World Hunger. Subscribe Here!

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How to calculate safety stock – with formulas and examples

Unleashed

By looking at lead times in this way they will still be a measure of how long it takes you to get stock into your warehouse ready to be shipped out to a buyer. Business Tips accurate inventory excess inventory inventory management inventory metrics inventory reporting safety stock

Arriving Just in Time – Advanced Transportation Logistics Scheduling

Supply Chain Collaborator

The Value in Orchestrating a Scheduled Transportation Plan”. These three headlines from Transport Topics and Food Shippers of America magazine tell the story of one of the most important challenges facing shippers in North America leading into 2018. Freight transportation capacity, (particularly truckload capacity) is tight as it has ever been. The bellwether metric – spot rates – are pegging the meter.

3 Technology Companies Disrupting Shipping

FLEXE

Basically, responsible for ocean freight carriers, ocean ships that rely on truck companies. Shipping a 40-ton container back in July or June used to cost about $700 — a 40-ton container. More than half of Hanjin’s ships were chartered. So the chartering companies are already receiving the ships back and they need to rent them. MSC is interested to charter those ships. And, do I have food grade certification? The metric — the ROI metric.

Walmart OTIF Requirements for Suppliers Increases to 98 Percent

Zipline Logistics

Previously, the program had a tiered evaluation structure, separating on-time and in-full standards and assigning differing thresholds to each transport mode. This issue is particularly applicable to food vendors. Blog Post Industry Trends Retail and Grocery Shipping Best Practices

Why is OTIF Important?

SupplyPike

Walmart breaks down OTIF into separate metrics, On Time and In Full. Each metric has its own percentage goal that must be met in order to avoid fines. The metrics that apply to you differ based on whether you manage your own transportation (ie: “ Prepaid ”) or Walmart picks up the product from your warehouses (ie: “ Collect ”). For Prepaid shipping, the percentages are also broken down into the mode of transportation.

5 Hot Topics in Home Delivery this Season

Talking Logistics

Visibility also gets worse in the absence of a single transportation platform to manage disparate delivery modes. With expanding drop ship operations, retailers quickly lose control and sight of the order once it gets to the supplier. Blending Traditional + Customer-focused Metrics. Leading retailers are starting to combine traditional delivery metrics (e.g.,

How to Improve Your OTIF Score: 15 Tips for On-Time and In-Full Delivery

Zipline Logistics

Delivering on-time and in-full is essential to success and a metric used by retailers when evaluating partnerships with vendors of all sizes. But first, let’s look at the background of OTIF metrics and why they came to be. According to a report from McKinsey & Co , “The US food retail industry loses an estimated $15–20 billion in sales every year because items are out of stock or otherwise unsaleable.”. OTIF metrics are not universal.

Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

By contrast, the third-party logistics model is where a manufacturer retains oversight of its supply chain but outsources such processes as warehousing, shipping, packing, and distribution to a 3PL provider. Transport.

Tips for Retailers (And All Shippers) to Overcome the Amazon Effect

Cerasis

Whether you are a retailer, carrier, cloud services provider, or eCommerce merchant, Amazon not only effected the landscape of e-tail but the landscape of shipping and logistics as a whole. The Growth of Parcel Shipping on the Rise Thanks to the Amazon Effect Overall, parcel shipping is growing at a robust 10-percent clip as all other freight modes are basically flat, growing at a very modest 1 percent.

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This Week in Logistics News (January 28 – February 1, 2019)

Talking Logistics

Uber Freight: Transportation Facility Brand Managers. As reported by Transport Topics , “Truck drivers using the Uber Freight load-booking app can now rate shippers’ and receivers’ facilities and share feedback on factors such as wait times and amenities.” A single bad review from a disgruntled driver or carrier, even if it arose from an isolated incident, can damage that shipping or receiving location’s “brand” and make it difficult to get loads covered or delivered.

What Is Retail Consolidation?

CH Robinson Transportfolio

If you’re currently shipping less than truckload (LTL) or underutilized truckload freight, a retail consolidation program might be the answer you need. The right shipping strategy is vital to ensure your products are where they need to be when they need to be there, especially in times of disruption. Most programs include a consistent shipping schedule and alignment with lead time and retailer delivery expectations. Freight and Transportation Services Retail consolidation

A Great Wall and China – Trump Trade Plans Impact Food, Retail Shippers

Supply Chain Collaborator

Wherever you stand on the results of the recent Presidential election, one thing is absolutely clear – there are likely to be many changes holding great potential to affect your transportation management strategies in unpredictable ways. These changes will impact calculations of such critical transportation and logistics metrics as lead times, delivery schedules, routes, mileage and a host of others.

The Supply Chain Impact of Europe’s Refugee Crisis

Kinaxis

So, how can the supply chain fulfill refugees’ basic requirements for food, water, shelter, and medical assistance? With a network of seven distribution centers (in Copenhagen, Jordan, Dubai, Nairobi, Tanzania, Cameroon, and Ghana), UNHCR can ship core relief items from these stockpiles to assist up to 600,000 people within 72 hours, if needed. For example, in 2013, the organization provided Syrian refugees with in-kind transportation of 394 metric tons of food and supplies.

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The Trends Shaping Supply Chain and Logistics: Takeaways from Descartes Evolution 2017

Talking Logistics

Here are some of the topics we discussed and a brief summary of their answers: Blockchain : It’s too soon to know whether blockchain will play a significant role in the industry, but the most promising potential applications are in supply chains where chain-of-custody is important, such as food and pharmaceuticals. getting buy-in from drivers and other stakeholders) and implementing appropriate metrics to measure and drive performance.).

Supply Chain Analytics: A Continued & Renewed Focus on Using Data for Improvement

Cerasis

Certain parts of the cold supply chain, such as those involved in processing and shipping poultry, fruits, vegetables, or other meat products, have an inherent duty in ensuring the safety and timely delivery of these goods to the appropriate retailer or party. Failure to do so could result in the assessment of fines and penalties against the organization by the Food and Drug Administration. What About the Driver Shortage and Transportation Rate Hike?

Letter from the CEO: Coronavirus Market Update

Transplace

Transplace is closely monitoring the outbreak and the impact the reaction is having on the transportation market. Toward that end, we would like to provide you with four types of updates: 1) what we are seeing in the transportation marketplace, 2) what our customers are experiencing, 3) some best practices we recommend with regard to bidding, and 4) the actions we are taking to protect our employees and community. Cargo flows and ship calls are rebounding in China.

The Story Continues…. Let’s Don’t Sugar Coat the Real Issue

Supply Chain Shaman

The people on the ground–my contacts in the 3PL, freight forwarding and transportation industry–know that the labor strife is only a part of the larger story. As a country, I think that we need to rethink supply chain flows for chassis, drayage and the unloading of larger ships. I don’t think that the ports are up to the challenge of moving the high-levels of freight with larger ships without rethinking unloading space, equipment and flows.

Q4 2020 Freight Market Update: Preparing for 2020 Peak Season

Zipline Logistics

Tender rejections, a metric used to determine how much contracted freight is rejected and sent to the spot market, have been hovering around 25% for the past few months. All of which require transportation from manufacturer to retail outlet.

How Supply Chain Will be Affected by Hurricane Harvey

Material Handling & Logistics

Hurricane Harvey has struck a significant blow to the Houston, Texas metro area, home to the sixth largest import terminal in the world, as well as all of the shipping lanes in the Gulf Coast area. The Institute for Supply Management conducted a special survey that asked members to assess how Harvey might impact six key business metrics and whether they may be impacted by shortages of input materials due to Harvey. "Our Most Impacted Metrics. Moderately Impacted Metrics.

Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

Many metrics can be used to determine the top 3PL warehousing companies, such as company revenue, the number of warehouses, total warehouse square footage , etc. A behemoth in the logistics industry, UPS has operations in shipping, air freight, trucking, last-mile delivery and drone delivery.

Say Customer Service and Mean It

Supply Chain Shaman

The organization is not clear on accepting special requests and expedited shipping policies, often resulting in a lower margin. Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score.

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

BluJay Solutions

Sports organizers need equipment and outfits; restaurants and hotels need food, bed linens, and hygiene items; and the list goes on. All these goods have to be transported on time from their supplier or manufacturing location — often at the other end of the world — to the stadium or the athletes’ lodgings. million shipped items and 60 metric tons of air freight.*. Multimodal transport: A multi-layered, connected carrier network is essential.

Inbound Parcel Freight: What Are the Top Considerations for a Shipper?

Cerasis

Growth of e-commerce is expected to result in a 20-percent increase in parcel shipping in 2018, reports Tom Hazel of Parcel MEDIA. For example, a transportation management system (TMS), like the Cerasis Rater , is designed to handle inbound parcel freight management, as well as other over-the-road shipping modes. Shippers should begin tracking inbound freight metrics , especially among inbound parcels. appeared first on Transportation Management Company | Cerasis.

Top 10 Supply Chain Innovations of 2018

Material Handling and Logistics

Supply Chain Innovators of 2013 : paperless food chain, VLMs, cold chain fleet management, and more. It will allow for the automation of more complex warehousing tasks, such as unloading shipping containers and picking packets or individual e-commerce orders. Content Summary: Personal Mover Transports Employees around BMW Plant. We salute the year’s top advancements in supply chain technology and processes.

Takeaways from the 2018 Gartner Supply Chain Executive Conference

Kinaxis

Direct to consumer online shop launched with fully functioning billing, payment, shipping capabilities. In a highly inspiring key note presentation at the supply chain conference, Fareed Zakaria of CNN spoke about how the jobs recovery following the 2008 recession lagged the economic recovery by as much as 64 months while the same metric for the previous recessions was significantly narrower. by Dr. Madhav Durbha Supply chain insights from leading industry experts.

Tom McLeod’s Published Predictions Parallel Our Own Prophecies

Supply Chain Collaborator

Tom McLeod of the well-known eponymous logistics software provider published an interesting opinion piece in Transport Topics this week called, “Eight Predictions for Our Industry”. Next, he predicts the entrance of disruptors like Amazon and Google who are both considering making forays into the freight markets – as well as the potential for an Uber-style model of freight shipping – will have a significant impact on freight patterns.

Transforming Consumer Value Chains: Navigating The Power Shift to the Shopper

Supply Chain Shaman

Also note that beauty, consumer packaged goods and food growth is also declining. Traditional supply chains ship cases, pallets and trucks; but not the EACH. With the dawn of eCommerce, companies must now ship the EACH. We how have the endless aisle with the need to ship the EACH. Their processes cannot ship and track the EACH and the outsourcing to third-party logistics is too expensive.