GlobalTranz

JUNE 4, 2015

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. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site. Medical Devices.

Procurement Analytics 120

Procurement Analytics Metrics Quality Material Savings 120

Logistics Viewpoints

MARCH 29, 2024

Retail groups this week are applauding a U.S. Officials say traffic could be so severe “that the day may be mostly unproductive for freight vehicles,” and they are asking truckers to take a voluntary holiday to avoid congested roadways that could impact their routes. The Arkansas Department of Transportation expects 1.5

Prescriptive Analytics Software 251

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The Logistics of Logistics

AUGUST 17, 2022

Nick is a Senior Account Executive and Team Leader at Lean Solutions Group , and Melanie is the Director of Solutions Consulting at Symtrain. Nick Strober is a Senior Account Executive at Lean Solutions Group , where he is known as a jack of all trades. About Lean Solutions Group. Lean Solutions Group LinkedIn.

Logistics Network Optimization Software 191

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The Logistics & Supply Chain Management Society

NOVEMBER 15, 2021

DB Schenker Singapore has also cemented the position as a key pillar in Singapore’s logistics ecosystem, being the number one air exporter (for freight forwarding) and attaining market leadership in ocean freight as well. DB Group has set ambitious targets to reduce specific CO2 emission by 50% by 2030 compared to 2006.

Singapore 246

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The Logistics of Logistics

NOVEMBER 5, 2021

Trillion by 2026 according to IMARC Group and the overall total U.S. miles of freight is expected to reach 7.67 He is also the Founder and Co-Director of the MIT FreightLab – a research initiative that works on improving the way freight transportation is designed, procured, and managed. trillions of ton-miles by 2045 (Statista).

Logistics Network Optimization Software 147

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The Logistics & Supply Chain Management Society

MARCH 14, 2023

Rates are now starting to stabilise and for ocean freight especially, we are seeing rates closer to pre-COVID levels. Freight procurement is the mainstay of any supply chain professional but price is not the be-all and end-all. The following are some suggestions and insights from this assembled group of experts.

Optimal Sourcing 130

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Logistics Viewpoints

OCTOBER 26, 2023

We are well into the era of real-time transportation visibility, where shippers and their partners can track freight in real-time across every mode of transport. So why are so many still falling short of OTIF targets (and other key metrics)?

Supply Chain Planning Software 199

Supply Chain Planning Software Real-time Visibility Supply Chain Design Software Supply Chain Planning 199

Logistics Viewpoints

JULY 27, 2021

One way to gain an edge is to analyze existing carrier contracts against spot market pricing posted on load boards and freight auctions to determine if your current carriers are in line with going rates. Byron Davis, Senior Director, Client Services, Open Sky Group. In a tight market, it never hurts to shop your contracts.

Supply Chain Planning Software 246

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GlobalTranz

APRIL 5, 2017

If your vendors do not understand your organization’s policies and procedures regarding inbound freight , how can they adhere to your needs? This means that a near-majority of companies are faced with the pitfalls of internal, low-guidance systems for managing both inbound and outbound freight. Lack of Trading Partner Understanding.

Vendor Strategies 123

Vendor Strategies Cost Reduction Strategies Inventory Reduction Logistics 123

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). Freight bill accuracy : Whether shipping from factory to warehouse, or to the customer, this metric helps identify problems in billing operations.

Manufacturing Procurement 105

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

Supply Chain Matters

JULY 7, 2023

According to the June report summary , the primary driver of the latest decline was the inventory metric, which reportedly contracted 6.5 Consequently, the warehousing capacity metric increased a reported 6.8 Both metrics contributed to the overall contraction in the LMI along with contracting price levels for transportation.

Negotiating Skills 52

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Supply Chain Matters

OCTOBER 12, 2022

On the other hand, transportation metrics continue their slowed pace, reaching the second highest level of capacity growth, and the third fastest rate of price contraction in the history of the index. Interestingly, Transportation Utilization is the outlier here, as both utilization metrics in the index were up significantly in September. ”.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

Talking Logistics

AUGUST 28, 2018

They multiplied three commonly-used metrics for measuring truckload performance to identify the Leaders: First tender acceptance (FTA). Next, researchers looked at freight attributes of shippers. They found 2 Leader groups with nearly identical truckload performance ratings. On time pickup (OTP). On time delivery (OTD).

Research 106

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The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

In her keynote address, Nadia Abdul Aziz, President, National Association of Air Freight & Logistics (NAFL), who is based in Dubai, spoke about megatrends transforming the MENA region, particularly the impact of COVID-19. Bob Gill - General Manager, Southeast Asia Arc Advisory Group.

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Supply Chain Matters

JUNE 7, 2023

not only described as a “ significant rate of contraction ,” but also the first time that this particular metric has reached such a low level. Noted was that one of the busiest times in freight logistics, the seasonal back-to-school retail stocking period, likely did not materialize. percentage points to an all-time low value of 27.9,

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Logistics Material Savings 52

Logistics Viewpoints

DECEMBER 8, 2022

When it comes to executing mode-specific freight moves from origin to destination efficiently, reliably, and cost-effectively, transportation execution and visibility solutions play a critical role. But, if a company wants to work with a new supplier, and that supplier is in the network, metrics on that carrier also exist.

Rail Software 187

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Supply Chain Matters

FEBRUARY 14, 2024

As the WSJ specifically noted in its reporting: “ According to Maersk’s estimates, freight rates will revert to pre-disruption levels as record new-vessel deliveries make their way into service even if the Red Sea problems persist for the whole year. ” More real-time visibility to end-to-end material flows and clog points.

Transportation 52

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Supply Chain Matters

APRIL 20, 2022

Regarding the latter, reportedly there are beliefs expressed that bots are better at collecting different types of data without error, making rational decisions and predicting future outcomes based on metrics of performance. © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. Bob Ferrari. .

Survey 111

Survey Sustainability Cost Reduction Strategies Sourcing Strategies 111

Talking Logistics

MARCH 8, 2019

Providers of real-time freight visibility solutions. Back in July 2017, I interviewed Bennett Adelson, the former CEO of MacroPoint (which was later acquired by Descartes Systems Group, a Talking Logistics sponsor) about OTIF and how it is driving demand for visibility solutions. project44 Adds Ocean Visibility to Platform.

Rail Software 101

Rail Software Logistics Network Optimization Software Real-time Visibility Demand Planning Software 101

SupplyPike

APRIL 17, 2020

LTL freight carriers normally transport small shipments of freight from many companies. When companies opt for LTL shipping, they are charged for the section of the semi-truck that their freight takes up. This method is ideal for freight shipment ranging from 150 to 20,000 pounds. Freight Class.

Shipping 56

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Supply Chain Matters

MAY 23, 2022

The authors point to the delivery time disruptions occurring in China , an increase in air freight costs from the U.S. is only a half-point lower than the metric’s all-time average of 74.4). At this point the overall numbers suggest that the freight market is regressing back towards the mean.”. points above April’s reading).

Supply Chain Optimization 59

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GlobalTranz

APRIL 12, 2017

It manages inbound freight, not unlike the incoming blood supply from the lungs, and pumps it out to the remainder of your supply chain. For each weakness or issue, provide instructions on how to avoid delays and ensure adherence to appropriate carrier selection and freight classification. Note Shipment Volume and Weight Issues.

Vendor Strategies 121

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TMC

SEPTEMBER 27, 2018

To determine whether a shipper fell into a Leader or Laggard category, researchers measured three commonly-used performance metrics: on time pickup, on time delivery, and first tender acceptance. They found that common attributes of Leader groups include: A rationalized truckload carrier base.

Optimal Sourcing 62

Optimal Sourcing Negotiating Skills Negotiate Pricing Price Reduction 62

Supply Chain Shaman

JANUARY 28, 2015

We then rated companies on their ability to manage and improve a portfolio of metrics: operating margin, inventory turns and Return on Invested Capital (ROIC). What suppliers need help with cost (LEAN, labor, freight,…)? Delivery Metrics: Perfect order delivery although good to continually refine. Third Phase: 2013-future.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

Talking Logistics

MAY 31, 2013

Transplace Selects New Equity Partner Greenbriar Equity Group. On the 3PL front, Greenbriar Equity Group LLC acquired Transplace from an affiliate of CI Capital Partners, who together with Transplace’s management team bought the company from its original owners in 2009. Supply Vision Partners with FindMyFreight.com.

Logistics Network Optimization Software 155

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Veridian Solutions

AUGUST 21, 2019

That does not mean putting multiple items with different SKUs in the same bin, but similar items should be grouped in the same area. Furthermore, group items together based on the frequency of orders, such as cleansers and wash rags. A Guide to the Warehouse Metrics Supply Chain Execs Should Track. Download WhitePaper.

Warehousing 49

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Unleashed

MAY 1, 2023

Protecting profit margins from ALC inflation ALC (Average Landed Cost) is a crucial metric in demand forecasting and inventory valuation. The main contributing factor to that was the cost of freight. This echoes our experts’ earlier statements about the importance of understanding your ALCs and other key business metrics.

Forecasting 96

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TMC

SEPTEMBER 27, 2018

To determine whether a shipper fell into a Leader or Laggard category, researchers measured three commonly-used performance metrics: on time pickup, on time delivery, and first tender acceptance. They found that common attributes of Leader groups include: A rationalized truckload carrier base.

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Negotiate Pricing Price Reduction 48

TMC

SEPTEMBER 27, 2018

To determine whether a shipper fell into a Leader or Laggard category, researchers measured three commonly-used performance metrics: on time pickup, on time delivery, and first tender acceptance. They found that common attributes of Leader groups include: A rationalized truckload carrier base.

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Negotiate Pricing Price Reduction 48

TMC

JANUARY 14, 2016

Either way, a surfeit of data can gum up the decision-making process and make it more difficult to pinpoint the root causes of problems that are undermining the efficiency of your freight network. The data is not aligned with the specific needs of the functional group. Off-target targets. Lack of understanding.

Analysis 54

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Supply Chain View from the Field

NOVEMBER 10, 2014

In addition to the procurement executives, I also got to meet Captain Dick Phillips, the captain of note in the film “Captain Phillips” We had a chance to talk about his experience, and he also presented to the group about the incredible experience he went through. In addition, I sat in on a set of interviews on the main stage.

Manufacturing Procurement 124

Manufacturing Procurement Procurement Conference North America 124

Freight Plus

APRIL 16, 2018

Freightwaves reports. , "Freight trucks are the lifeblood of America's consumer economy—they represent 70.9 percent of the nation's freight by tonnage shipped and 81.5 percent of the nation's freight by cost spent, according to data from the American Trucking Association (ATA). Chad Prevost of. Business Insider.

Capacity 40

Capacity Chad America Freight 40

TMC

SEPTEMBER 1, 2016

Either way, a surfeit of data can gum up the decision-making process and make it more difficult to pinpoint the root causes of problems that are undermining the efficiency of your freight network. The data is not aligned with the specific needs of the functional group. Off-target targets. Lack of understanding.

Analysis 48

Analysis Analytics Software Sourcing Strategies Supply Chain Planning Software 48

Supply Chain Shaman

MAY 13, 2015

The focus in supply chain groups was not on how to design the operations so that they were more effective; instead it was about the use of best practices to maximize the value of what we had. Today, three out of four companies greater than 10B$ have a network design group that averages seven people. Let me explain.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Agile and Lean Supply Chain 150

Talking Logistics

DECEMBER 4, 2017

Command Alkon organized a Leadership Roundtable with a select group of industry executives from all segments of the HBM ecosystem to discuss “The Data We Have vs. The Information We Need.” Back to the main conference, I gave a keynote presentation titled “Keep Your Breadcrumbs Behind My GeoFence: Why Fleet & Freight Visibility Matters.”.

Material Savings 0

Material Savings Supply Chain Planning Software Conference Supply Chain Software 0

Zipline Logistics

MAY 25, 2021

A new report from the Food Marketing Institute and Boston Consulting Group highlights the effects increased demand had on organizations in the CPG marketplace. It strained production functions and increased the need for trucking services, which led to falling performance metrics that rippled across organizations. cost per case.

Procurement Analytics 69

Procurement Analytics Food Report Optimal Sourcing 69

TMC

SEPTEMBER 22, 2016

A key part of our daily discussions is customer KPI metrics. Team members who are responsible for specific KPIs are expected to keep the group updated on the performance of the metrics they manage on behalf of customers and flag challenges that need to be addressed. Promotes a team ethic.

Optimal Sourcing 48

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