Logistics Viewpoints

DECEMBER 5, 2022

There was no air freight possible then into Europe,” added Gerald van den Eijnden. You would call up the freight forwarders, and they would send an Excel spreadsheet” that contained all the shipments for Molex in the coming days or weeks. Yes, SAP had inbound ASN’s (advanced ship notices). But they were very basic.

Agile and Lean Supply Chain 196

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

Intelligent Audit

JANUARY 28, 2021

But first, it’s essential to understand its value and why it’s a critical tool in the shipping manager’s playbook. What is a Logistics KPIs Scorecard. This sort of scorecard highlights areas of supplier performance and works to bring attention to potential problem areas within the shipping supply chain.

Logistics Network Optimization Software 59

Logistics Network Optimization Software Logistics KPI Optimization Software 59

The Logistics of Logistics

OCTOBER 8, 2012

When you have chosen a 3PL partner, insure that you have an effective Service Level Agreement (SLA) with accompanying Key Performance Indicators (KPIs) to manage the Service Level of the 3PL. This SLA/KPI has to be negotiated and agreed upon by you and your 3PL partner.This negotiation time can take three (3) to Six (6) months.

Third Party Logistics 145

Third Party Logistics Negotiating Skills Purchasing Skills KPI 145

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

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

SYSPRO Smarter ERP

NOVEMBER 3, 2021

They are used to measure how effectively the warehouse processes of receiving, replenishment, fulfilment and shipping perform. Outbound KPIs. 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

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

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. This adaptation allows shippers to find the best choice for each situation and manage the disruptions in the shipping industry. What Is Transportation Network Optimization?

Network Optimization 52

Network Optimization Supply Chain Network Software Optimization Software Modeling 52

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

SCMDOJO

MAY 13, 2022

Each year around 700 million TEUs are shipped across the world keeping global trade and businesses running and more than eighty percent of global goods trade volumes are carried by sea, with about a sixth of that volume in shipping containers. Supply Chain KPI Dashboard.

Supply Chain Design Software 83

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

EC Sourcing Group

MARCH 12, 2023

Some of the most common invoice errors include charging the wrong item price or for the wrong quantity, or charging freight which is not contractually allowed. Identify your data sources that can help identify supplier performance. Update the data frequently because interactions and transactions with the supplier change often.

Procurement Analytics 52

Procurement Analytics Purchasing Skills Procurement Solutions Supply Chain Planning Software 52

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

GlobalTranz

OCTOBER 27, 2015

In our first post in the series, we set the mindset of the shipper by going over the 9 key topics to understand about effective KPI management and followed that post with the 7 strategic performance business practices to track and 4 KPI problems to solve. . At times, an audit of the percentage behind KPIs will be necessary.

Six Sigma 120

Six Sigma Logistics Network Optimization Software KPI Company 120

Intelligent Audit

FEBRUARY 2, 2021

One way to improve logistics insights is to learn how to navigate the e-commerce world of automation, 3PL partnerships, and freight management. This can be achieved with logistics performance management practices: Capture real-time data with IoT tracking and a streamlined management and shipping process.

Logistics Network Optimization Software 52

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

GlobalTranz

MAY 4, 2016

Nearly every company offers some sort of discounted shipping plan for large purchase orders, and more customers are demanding faster delivery at a reduced rate. Federal Power Over Freight Management KPIs. Freight Management KPIs are undoubtedly the most important metrics to track and understand.

Freight 120

Freight Procurement Analytics Sourcing Strategies Cost Reduction Strategies 120

Intelligent Audit

JUNE 8, 2021

Transportation and logistics managers have a lot jockeying for their attention as many different services and aspects of shipping fight for time and resources. Every item shipped, whether across town, across the country, or across the globe, requires durable and affordable packaging.

Packaging 52

Packaging Transportation Management Transportation Industrial 52

Intelligent Audit

JUNE 7, 2021

Transportation and logistics managers have a lot jockeying for their attention as many different services and aspects of shipping fight for time and resources. Every item shipped, whether across town, across the country, or across the globe, requires durable and affordable packaging.

Packaging 52

Packaging Transportation Management Transportation Industrial 52

Intelligent Audit

OCTOBER 27, 2022

What does that mean for a shipper dealing with hundreds or thousands of freight invoices monthly? . One solution is to turn to big shipping data. Shippers can get a handle on their expenses by tracking freight invoices and improving their logistics strategy. . Freight Audit in Multiple Modes.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 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. The newest logistics KPI is customer service.

Logistics Network Optimization Software 175

Logistics Network Optimization Software KPI Logistics Metrics 175

Intelligent Audit

AUGUST 26, 2021

This is where shipping execution meets data-driven management, and its roots grow from freight audit and payment best practices that rely on factual, clear, and actionable insights. 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

FEBRUARY 19, 2013

When it comes to LTL freight damage, the shipper and consignee both have responsibilities. LTL Freight Damage – Shipper Responsibilities. Proper description on the shipping papers. The shipper must follow all tariff and shipping regulations related to the product. LTL Freight Damage – Receiver Responsibilities.

Freight 100

Freight KPI Packaging 3PL 100

The Logistics of Logistics

OCTOBER 30, 2012

They will also learn specific actions for reducing LTL carrier shipping costs. Key process indicators (KPI) for the most important aspects of LTL shipping. In this free webinar, participants will learn a methodology for measuring LTL carrier performance. Webinar topics will include: 1.)

KPI 100

KPI Cost Reduction Strategies Third Party Logistics How To 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 LTL carrier scorecard becomes a roadmap for driving LTL shipping improvements. 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

The Logistics of Logistics

FEBRUARY 14, 2013

LTL key process indicators (KPIs) for the most important aspects of LTL shipping. The webinar will also cover ways to improve the number or on time shipments and improving customer service. Webinar topics will include: 1.) Actions to improve on time performance, and billing accuracy while reducing cost and damaged shipments.

KPI 100

KPI Third Party Logistics Metrics 3PL 100

The Logistics of Logistics

DECEMBER 2, 2012

Highly effective shippers are successful because they have developed the right attitude and habits regarding shipping. Strategic view of shipping. Highly effective shippers see a well-run shipping function as a competitive advantage. Good data will provide great insights for future actions to improve shipping.

Logistics Network Optimization Software 225

Logistics Network Optimization Software Pricing Training Continuous Improvement Purchasing Skills 225

EazyStock

SEPTEMBER 25, 2018

Fancy KPI dashboards show you how you are stacking up month to month and call out areas where there is room to cut costs. Veeqo features include picking, packing, and shipping management capabilities, a Veeqo Scanner for easier warehouse operations, and it lets you manage multiple warehouses in one place.

Supply Chain Design Software 78

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

ThroughPut

JUNE 4, 2020

Studies show that almost 65% of damaged inventory ends up that way due to the incorrect method of packing, storing, or securing in freight containers. Also, since online and offline store channels operate differently with different KPI targets, creating optimum inventory levels to manage all of this could be a challenge. .

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

ThroughPut

JUNE 4, 2020

Studies show that almost 65% of damaged inventory ends up that way due to the incorrect method of packing, storing, or securing in freight containers. Also, since online and offline store channels operate differently with different KPI targets, creating optimum inventory levels to manage all of this could be a challenge. .

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

GlobalTranz

FEBRUARY 16, 2015

However, its usage is yet to reach a point where shipping professionals consider it indispensable for their business. However, most of the shipping professionals have at least some knowledge of TMS and are aware that they will have to start using it at some point in the future if they want to continue doing business.

Transportation Management 120

Transportation Management Supply Chain Network Software Expense Reduction System 120

The Logistics of Logistics

JUNE 7, 2019

3PLs that specialize in other services like air freight, sea freight, warehousing, etc. Transactional shippers typically don’t ship much and they don’t commit to any one logistics company. Strategic shippers ship more than transactional shippers and they typically require customized solutions and a dedicated team.

3PL 100

3PL Negotiating Skills Optimal Sourcing Purchasing Training 100

Supply Chain Opz

JUNE 1, 2014

In order to compensate a long waiting time, Adidas uses air freight or courier service. Moreover, products can be shipped to stores in-time then lost sales is minimal. They use the global level KPI to ensure that each player in the same supply chain is measured the same way. Also, they utilize SCOR Model as the standard process.

Case Study 239

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

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.

Real-time Visibility 56

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

GlobalTranz

MAY 7, 2018

Direct Consumer Impacts USA Today reports that a severe shortage of truckers is pushing up freight costs and, in turn, nudging up retail prices. If your facilities don’t help a driver accommodate for these nuances, they will be unable to optimize HOS and may turn down your freight. Specialists can also aid with consolidation programs.

Capacity 120

Capacity Optimal Sourcing Vendor Strategies Price Reduction 120

The Logistics of Logistics

JUNE 20, 2014

Recently, a shipping manager asked me what selection criteria he should use when selecting a 3PL. As a sales guy for a 3PL I am always anxious to impress shipping managers, so I created the following 9 things to consider when selecting a 3PL. 3PLs that specialize in other services like air freight, sea freight, warehousing, etc.

3PL 113

3PL Negotiating Skills Optimal Sourcing Purchasing Training 113

The Logistics of Logistics

JUNE 20, 2014

Recently, a shipping manager asked me what selection criteria he should use when selecting a 3PL. As a sales guy for a 3PL I am always anxious to impress shipping managers, so I created the following 9 things to consider when selecting a 3PL. 3PLs that specialize in other services like air freight, sea freight, warehousing, etc.

3PL 100

3PL Negotiating Skills Optimal Sourcing Purchasing Training 100

Unleashed

FEBRUARY 28, 2023

It can also be an important productivity key performance indicator (KPI), used to track progress and highlight areas where more training or better equipment may be required. Although receiving efficiency is itself a KPI, other metrics can also assist in measuring how optimally your business receives goods.

Inventory Management Software 52

Inventory Management Software How To Inventory Reduction Warehousing 52

Intelligent Audit

DECEMBER 3, 2020

Shipping and logistics are extraordinarily complex. The two business functions generate a ton of shipping data. Instead, management and analysis of shipping and logistics data needs to be more straightforward. Where am I shipping to? But managing data manually is too time-consuming. It needs a digital, automated process.

Cost Reduction Strategies 52

Cost Reduction Strategies Prescriptive Analytics Software Analytics Software Waste Reduction 52