Talking Logistics

SEPTEMBER 12, 2017

The four key methods here will help you drive more success as you bring the metrics to life on your warehouse floor: 1. Show the “story” of your metrics with quarterly and yearly growth charts; show how far you’ve come as a team over time. As a leader, you need many tools to eliminate this mindset.

Metrics 106

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

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

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. can be measured to define this metric.

Manufacturing Procurement 105

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

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

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

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

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

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

Talking Logistics

JUNE 20, 2017

The question becomes, “how are you comparing your transportation metrics to what’s happening around you?” If you only focus on the data in your own supply chain, you could be missing the bigger picture, and ultimately, misreading your KPIs. You need to explore the metric relationships to see the full story.

Global 109

Global Scenario Planning Metrics Benchmarking 109

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

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. overstuffing content, 2.)

Logistics Network Optimization Software 175

Logistics Network Optimization Software KPI Logistics Metrics 175

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

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 83

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 83

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. This post is credited to Chris Torrence.

Optimal Sourcing 48

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

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

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. Key Process Indicators vs. Metrics. Selecting the Right LTL KPIs.

Cost Reduction Strategies 101

Cost Reduction Strategies KPI Price Reduction Expense Reduction 101

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

Cathy Roberson

APRIL 6, 2022

Supply Chain @Mr_Supply_Chain Deep customs insights, landed cost analysis, customs delays, ports, product level analysis Chris rubio @cm_rubio Transparency Complete transparency of Available To Promise Date, Landed Cost, and ESG metrics for the entire Procure-To-Pay lifecycle at the piece level. Bad design also hurts visibility.

Real-time Visibility 52

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Forecasting Software 52

The Logistics of Logistics

FEBRUARY 14, 2013

The post Webinar: Using LTL Key Process Indicators (February 27, 2013) appeared first on The Logistics of Logistics.

KPI 100

KPI Third Party Logistics Metrics 3PL 100

Intelligent Audit

AUGUST 26, 2021

There are two fundamental things to know in logistics: never assume the given rate is the best rate, and always validate what you think is happening, even when the bill suggests otherwise. The first thing to know in the digital age of freight audit and payment best practices is the importance of the digital twin.

Freight 52

Freight Analytics Software Demand Planning Software Logistics Network Optimization Software 52

The Logistics of Logistics

JUNE 7, 2019

Non-asset based 3PLs use the assets from other logistics companies. Asset light 3PLs own physical assets and also partner with other logistics companies similar to non-asset based companies. The most important measure is the Paydex metric. Look for a 3PL that beats the logistics industry average. Dun & Bradstreet.

3PL 100

3PL Negotiating Skills Optimal Sourcing Purchasing Training 100

The Logistics of Logistics

DECEMBER 2, 2012

With this in mind, they hire the right people and find the best logistics providers. They are willing to pay a reasonable price for a good logistics provider, rather than risk a service failure with a bad logistics provider. Solid relationships with logistics providers. Communication is the game changer in logistics.

Logistics Network Optimization Software 225

Logistics Network Optimization Software Pricing Training Continuous Improvement Purchasing Skills 225

Supply Chain Opz

JUNE 1, 2014

In order to compensate a long waiting time, Adidas uses air freight or courier service. They use the global level KPI to ensure that each player in the same supply chain is measured the same way. Cost of inbound logistics is not taken into account. Also, they utilize SCOR Model as the standard process.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

Supply Chain Collaborator

MAY 29, 2018

Talk to a transportation manager about data analytics and they might tell you they’re already harnessing data collected by their TMS and other logistics IT tools to measure key performance indicators such as tender acceptance by lane, carrier check call compliance and other commonly examined metrics.

Analytics Software 60

Analytics Software Analytics Logistics Network Optimization Software Modeling Software 60

The Logistics of Logistics

JUNE 20, 2014

Non-asset based 3PLs use the assets from other logistics companies. Asset light 3PLs own physical assets and also partner with other logistics companies similar to non-asset based companies. The most important measure is the Paydex metric. Look for a 3PL that beats the logistics industry average. Financial Stability.

3PL 113

3PL Negotiating Skills Optimal Sourcing Purchasing Training 113

The Lean Supply Chain

AUGUST 5, 2015

A service-level agreement (SLA) is a contract between a logistics service provider and a customer that specifies, usually in measurable terms, what services the logistics service provider will furnish. Many logistics service providers will provide their customers with an SLA. Not everything is costs or price discussions.

Negotiating Skills 40

Negotiating Skills Logistics Network Optimization Software KPI Six Sigma 40

The Logistics of Logistics

JUNE 20, 2014

Non-asset based 3PLs use the assets from other logistics companies. Asset light 3PLs own physical assets and also partner with other logistics companies similar to non-asset based companies. The most important measure is the Paydex metric. Look for a 3PL that beats the logistics industry average. Financial Stability.

3PL 100

3PL Negotiating Skills Optimal Sourcing Purchasing Training 100

Zipline Logistics

JUNE 30, 2020

Logistics is no exception. There are hundreds of logistics terms that make up the industry’s language. Here is our glossary of top logistics terms to know. Logistics Terms for Pros to Know. Accessibility — The ability of a carrier to provide service for a freight order. ATA — Actual time of arrival.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Strategy 52

Unleashed

FEBRUARY 28, 2023

Here, we’ll talk about what receiving efficiency is, how to measure it using warehousing metrics, and cover a few different ways to optimise your inward goods process. Receiving efficiency is a useful warehousing metric that helps business owners determine whether their receiving process needs improvement. What is receiving efficiency?

Inventory Management Software 52

Inventory Management Software How To Inventory Reduction Warehousing 52

Turvo

FEBRUARY 17, 2021

One of the most significant challenges the shipping industry faces is related to real-time freight analytics. ” Using real-time freight analytics effectively can be a game-changer for companies. ” Using real-time freight analytics effectively can be a game-changer for companies. It’s a win-win for everyone involved.

Real-time Visibility 56

Real-time Visibility Prescriptive Analytics Software Predictive Analytics Analytics Software 56

GlobalTranz

DECEMBER 28, 2015

We continue our top articles from each of our main 5 categories today by covering the top 10 logistics articles that were the most viewed in 2015. We write to five main categories on the Cerasis blog: Manufacturing, Supply Chain, Logistics, Transportation Management, and Freight. Top Logistics Articles of 2015.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Logistics Third Party Logistics 3PL 120

Unleashed

NOVEMBER 20, 2023

Often, we end up asking the partner in Germany or Spain or somewhere, ‘Can you air freight this? That reduces the amount of inventory space, handling, and logistics on individual small orders.” Order cycle time “Order cycle time is a great metric for businesses to track,” says Hugh. We assemble bespoke solutions on site.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 52