Remove Freight Remove KPI Remove Logistics Remove Manufacturing
article thumbnail

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? Top-Line KPIs and Metrics for Supply Chain Management.

Metrics 81
article thumbnail

KPIs to assist manufacturers and distributors with supply chain challenges

SYSPRO Smarter ERP

Manufacturers and distributors experienced huge supply chain disruptions due to the pandemic which exposed many vulnerabilities and tested the resilience of supply chain leaders globally. Improving those KPIs would help them emerge stronger and more confident with supply chains that are more resilient to future disruptions.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Molex Prizes Agility

Logistics Viewpoints

The fact that most manufacturers struggled to achieve supply chain agility during COVID is not news. Molex has more than 80 manufacturing facilities around the world supported by an 18,000 strong supplier eco-system that provide raw materials, electronic components, and services. The Molex Supply Chain. The Advantages of Agility.

article thumbnail

5 Steps to Optimizing a Shipper’s Transportation Network

Intelligent Audit

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?

article thumbnail

Reverse Supply Chains: Best Practices for Better Asset Recovery

GlobalTranz

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.

article thumbnail

9 KPIs to Track for Proper Freight Management

GlobalTranz

In modern manufacturing and transportation, savings are everything. Most industry experts rate the cost of logistics as very costly. According to a National Cooperative Freight Research Program report, Performance Measures for Freight Transportation , the following graph breaks down how other respondents rate the cost of logistics.

Freight 120
article thumbnail

6 Essential Procurement Training Courses for Professionals: How To Begin and Advance Your Career in Procurement

SCMDOJO

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?