Intelligent Audit

JANUARY 28, 2021

One of the best ways for managers and team members to keep track of things is with a well-rounded logistics KPIs scorecard. What is a Logistics KPIs Scorecard. An organized and complete logistics KPIs scorecard can help bring these core characteristics and points into focus for managers. .

Logistics Network Optimization Software 59

Logistics Network Optimization Software Logistics KPI Optimization Software 59

Silvon Software

JULY 22, 2022

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.

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. So how can you be sure you’re getting the best freight rates possible?

Benchmarking 68

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 68

GlobalTranz

OCTOBER 27, 2015

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.

Six Sigma 120

Six Sigma Logistics Network Optimization Software KPI Company 120

GlobalTranz

MAY 8, 2015

Freight rating software is a necessity for shippers and 3PLs. There is more at stake in the choice of a freight rating system. When shopping for a Freight Rating Software System with TMS, look for key points that will add value and provide additional benefits for shippers. The Basic Functionality of a Freight Rating System.

Analytics Software 120

Analytics Software Supply Chain Planning Software Optimization Software Supply Chain Network Software 120

The Logistics of Logistics

APRIL 6, 2013

A service level agreement (SLA) is a contract between a Logistics service provider and a customer that specifies, in measurable terms, what services the Logistics provider will furnish. Many customers manage their Logistics providers with an SLA. These KPIs are different for each customer-Service provider agreement.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Negotiating Skills KPI Purchasing Skills 100

Logistics Viewpoints

DECEMBER 5, 2022

Mr. Eberle is the vice president of logistics and distribution operations at Molex. There was no air freight possible then into Europe,” added Gerald van den Eijnden. Mr. van den Eijnden is the director of global logistics operations planning and systems at Molex. They worked with selected top global logistics partners.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 196

Intelligent Audit

OCTOBER 27, 2022

What does that mean for a shipper dealing with hundreds or thousands of freight invoices monthly? . Shippers can get a handle on their expenses by tracking freight invoices and improving their logistics strategy. . What is Big Data in Logistics & Supply Chain Management? Examples of Big Data in Logistics Uses.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

GlobalTranz

JANUARY 19, 2018

Vendors need to have access to the latest inbound freight routing guides and more. These challenges can be overwhelming, but supply chain executives and managers can simplify the process by tracking these top warehouse management KPIs (key performance indicators). Reverse Logistics KPIs. An ideal result in one.

Supply Chain Design Software 143

Supply Chain Design Software Supply Chain Planning Software Warehousing Supply Chain Software 143

Intelligent Audit

FEBRUARY 2, 2021

Many moving parts must work in unison for logistics processes to fall into place. Having a strong network is critical for logistics performance management. The Problem With Limited Logistics Performance Management. One problem with vital performance monitoring is poor logistics performance management.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Planning Software Analytics Software Data 52

The Logistics of Logistics

FEBRUARY 18, 2013

The best LTL KPI for measuring damaged shipments is simply the percentage of damage free shipments delivered. Cost, on time performance and billing accuracy don’t mean much if the carrier damages the freight. To minimize freight damage, begin measuring it with the damage free shipments KPI. damage free shipments.

KPI 100

KPI Freight Third Party Logistics Metrics 100

Logistics Bureau

DECEMBER 14, 2021

Watch this: Related articles on this topic have appeared throughout our website, check them out: KPIs for Your Warehouse: How to Choose and Use Them. KPI Key Performance Indicators in Supply Chain & Logistics. 11 Golden Rules for Meaningful Supply Chain KPIs.

Supply Chain Strategy 78

Supply Chain Strategy How To Supply Chain Optimal Sourcing 78

The Logistics of Logistics

JANUARY 26, 2016

Inventory tracking software is an excellent way to keep a close eye on inventory and measure it as a KPI. To meet your KPI goal, do periodic inventory audits to see how they measure against routine tracking. Similarly, storage itself is an important KPI for improving warehouse management practices. Employee Turnover.

Warehousing 100

Warehousing KPI Inventory Reduction Cost Reduction Strategies 100

Supply Chain Game Changer

MARCH 2, 2022

By improving last-mile visibility with cutting-edge analytics software, you can boost your business’ productivity and customer satisfaction and loyalty, as well as benefit from accurate KPI benchmarking. Accurate KPI benchmarking. Strong last-mile visibility also helps your business facilitate accurate KPI benchmarking.

Real-time Visibility 88

Real-time Visibility Predictive Analytics Software KPI Optimization Software 88

The Logistics of Logistics

FEBRUARY 16, 2013

The best LTL KPI for measuring cost performance is cost per pound. The less than truckload (LTL) cost per pound KPI is easy to calculate (see below). The LTL cost per pound is also completely transparent (can’t tweak the numbers) and it provides great insights into a company’s freight spending. Additional Reading on LTL KPIs.

KPI 100

KPI Cost Reduction Strategies Third Party Logistics Metrics 100

The Logistics of Logistics

MARCH 7, 2013

Spending a little extra with the right freight provider or logistics firm could save you hundreds of thousands of dollars down the line. Key performance indicators (KPI) can help you in figuring out whether or not these pillars are in place in your company and how strong they are. Supply Chain Foundation – Call to Action.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Design Logistics Network Optimization Software Supply Chain Software 100

The Logistics of Logistics

FEBRUARY 19, 2013

The best LTL KPI for measuring billing accuracy is simply the percentage of accurate bills. Incorrect freight bills drive the accountants crazy and drive the costs up. Sometimes it has to be passed on to clients, who were already billed for freight or the added cost has to be absorbed by the shipper.

KPI 100

KPI Third Party Logistics Price Reduction Cost Reduction Strategies 100

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Another methodology is the Porter’s Value Chain Framework, which comprises of inbound logistics, operations, outbound logistics, sales, and service. It might seem easier to select SCOR as it provides KPIs for the high-level processes as well as the lower-level processes. Outbound KPIs.

Manufacturing Procurement 105

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

The Logistics of Logistics

FEBRUARY 17, 2013

The best LTL KPI for measuring on time performance is simply the percentage of on time shipments. LTL KPI – On Time Performance Calculation. To calculate the on time performance KPI, simply divide the number of on time shipments by the total number of shipments. Insights from On Time Performance KPI.

KPI 100

KPI Third Party Logistics Metrics 3PL 100

Intelligent Audit

NOVEMBER 3, 2022

Transportation network optimization is simply streamlining your network of logistics carriers, the methods for shipping, and the processes for managing the network. For optimal logistics, shippers need a diverse carrier portfolio that can adapt to the best fit for each shipment. What Is Transportation Network Optimization?

Network Optimization 52

Network Optimization Supply Chain Network Software Optimization Software Modeling 52

BlueYonder

MARCH 15, 2024

Accelerated Planning Every area in the supply chain is invested in accelerating its own plans and meeting its own KPIs already, but there’s no point in innovating and optimizing one area of planning if stakeholders are not considering the ripple effect in other areas. But an important question to consider is, does it have to stay expensive?

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Planning Supply Chain Strategy 52

The Logistics of Logistics

JANUARY 24, 2013

If you move freight for a living, you know the importance of logistics key process indicators (KPIs). A KPI is an indicator (a metric) that you have chosen, and agreed with your partners and or customers, that will determine whether you are meeting your critical success factors. Selecting the Right Logistics KPIs.

Logistics Network Optimization Software 175

Logistics Network Optimization Software KPI Logistics Metrics 175

SCMDOJO

MAY 13, 2022

2020 will live long in the memory as a year that was overshadowed by a remorseless pandemic causing untold disruptions for the container, logistics and ports industry across the world. Supply Chain KPI Dashboard. The extreme need to traverse these nuances has propelled logistics companies to develop new solutions and expand services.

Supply Chain Design Software 83

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Design 83

EazyStock

SEPTEMBER 25, 2018

To stay ahead, tech-smart operations, savvy professionals are using logistics and supply chain mobile applications as must-have tools for operational excellence. In this blog, the team at EazyStock will be showing you the most exciting logistics and supply chain mobile applications that will make your job even easier.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 78

GlobalTranz

JULY 7, 2015

Such tools, like the Cerasis Reverse Logistics product , which is newly released, allow an employee to procure and dispose of surplus product from more than one location. Pulling data from KPI helps your reverse supply chain system run fast and effectively when embarking on the disposition process.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Material Savings 120

GlobalTranz

MAY 4, 2016

Most industry experts rate the cost of logistics as very costly. However, if you know what critical freight management KPIs or key performance indicators to track, you can know exactly how to change processes to decrease costs, which will result in savings for the end user. Federal Power Over Freight Management KPIs.

Freight 120

Freight Procurement Analytics Sourcing Strategies Cost Reduction Strategies 120

Parade

MARCH 17, 2022

On February 24, 2022, Parade VP of Customer Experience Elise Le met up with , Tai TMS VP of Sales and Marketing Sean McGillicuddy and , Fortune Logistics Executive Regional Manager Tyler Gilpin for a , Freightwaves webinar entitled The Modern Freight Brokerage: Parade and Tai Pair Up To Help Brokerages Scale and Step Into the Future of Freight.

Freight 78

Freight Supply Chain Network Software Demand Planning Software Logistics Network Optimization Software 78

SCMDOJO

JULY 3, 2023

Given the involvement of third parties and the numerous consequential efforts in procurement, it becomes crucial to prevent any shortcomings in processes to ensure logistical success. Category Management plays a vital role in every business, regardless of its size. What you will learn: Lesson 1. What is the category management in procurement?

Purchasing Training 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

Talking Logistics

SEPTEMBER 12, 2017

Much like the “in the green”/”in the red” problem cited above, if they feel like they’re getting called out for every KPI discussion, they’re not going to be very forthcoming. KPI discussion needs to be an ongoing conversation, not a once-a-month meeting fraught with concern and disappointment.

Metrics 106

Metrics Supply Chain Planning Software Supply Chain Software Supply Chain Planning 106

GlobalTranz

OCTOBER 29, 2015

We conclude our ongoing series in talking about effective KPI management by giving you a real live Logistics KPIs management case study from Whirlpool's engagement with a logistics service level provider. The Reiterated Importance of Understanding and Managing KPIs in Business and Logistics Management.

Case Study 120

Case Study KPI Logistics Network Optimization Software Supply Chain Design Software 120

Talking Logistics

JUNE 20, 2017

Cost (Line Haul RPM): The rate per mile that is being paid for freight movement before fuel and other incidental charges. When glancing across the different metrics, routing guide compliance may also reflect a decline, which means the load planners are deviating from the established routing plans in order to cover freight.

Global 108

Global Scenario Planning Metrics Benchmarking 108

Freightos

JANUARY 25, 2024

Aimee Loshinsky January 25, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo In Freightos Q4 2023 KPI press release , we announced that the company surpassed one million bookings across the platform in 2023. Freight is digitizing itself now at real scale.

Logistics Network Optimization Software 277

Logistics Network Optimization Software Negotiating Skills Optimization Software Buyer Training 277

TMC

SEPTEMBER 22, 2016

For example, at TMC, white boards are at the center of our daily discussions that help to drive customers’ key performance indicator (KPI) programs and provide status updates on active projects in the pipeline. A key part of our daily discussions is customer KPI metrics. Here are three reasons: Encourages ownership.

Optimal Sourcing 48

Optimal Sourcing KPI Logistics Network Optimization Software Supply Chain Network Software 48

The Logistics of Logistics

FEBRUARY 19, 2013

When it comes to LTL freight damage, the shipper and consignee both have responsibilities. LTL Freight Damage – Shipper Responsibilities. Proper packaging requirements are outlined in the following two publications: National Motor Freight Classification. LTL Freight Damage – Receiver Responsibilities.

Freight 100

Freight KPI Packaging 3PL 100

The Logistics of Logistics

FEBRUARY 22, 2013

The LTL carrier scorecard with key process indicators (KPI) is an excellent tool for measuring and managing LTL performance and LTL carrier performance. The old adage, “you can’t manage something you can’t” measure” definitely applies in logistics. In general it’s preferred to choose just a few KPIs (say 3 or 4) to focus on.

Cost Reduction Strategies 101

Cost Reduction Strategies KPI Price Reduction Expense Reduction 101

SCMDOJO

MARCH 25, 2022

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. Reminder of Key Definitions – Logistics & Supply Chain Management. What is Logistics and Supply Chain Management?

Supply Chain Planning Software 131

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 131

The Logistics of Logistics

OCTOBER 30, 2012

Key process indicators (KPI) for the most important aspects of LTL shipping. The post Webinar: How to Measure LTL Carrier Performance and Save Money (November 21, 2012) appeared first on The Logistics of Logistics. In this free webinar, participants will learn a methodology for measuring LTL carrier performance.

KPI 100

KPI Cost Reduction Strategies Third Party Logistics How To 100