The Most Important Distribution Center Metrics to Track and Understand

Cerasis

Throughout the supply chain, the use of metrics to track and understand processes provides an invaluable resource for ensuring increased production and customer satisfaction. Additionally, the use of metrics fosters positive relationships with coworkers and adherence to rulesets and best practices for the respective third-party logistics provider (3PL). What Distribution Center Metrics Need Tracking? What distribution center metrics are you tracking or are not listed here?

Top 5 Metrics & Benchmarks To Measure In Pickup & Delivery Logistics

Abivin

Managing your business operations would be challenging without proper metrics and data analytics. Below are 5 significant metrics in Pickup & Delivery Logistics that any company can use to measure their performance in meeting initial goals. This is a measurement of freight carrier performance and its effect on your operations and customer service. Perfect Shipment Measurement This metric can also be called Perfect Order Measurement.

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Metrics and Issues to Consider in SQM (Supplier Quality Management) By 5 Big Industries

Cerasis

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. In today’s post, Chuck will take it a step further and break down metrics and issues to look out for by 5 main industries: Pharmaceuticals. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site.

Supplier Quality Management: What it is, 5 Key Metrics to Know & a 4 Step Supplier Evaluation Process

Cerasis

When you choose a company to transport your freight or to supply you with the materials you need to manufacture a product, you are putting your hard work and reputation in their hands. The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ).

Top 5 Metrics & Benchmarks To Measure In Pickup & Delivery Logistics

Abivin

Managing your business operations would be challenging without proper metrics and data analytics. Below are 5 significant metrics in Pickup & Delivery Logistics that any company can use to measure their performance in meeting initial goals. This is a measurement of freight carrier performance and its effect on your operations and customer service. Perfect Shipment Measurement This metric can also be called Perfect Order Measurement.

7 Ways to Strategically Elevate Freight Procurement

Talking Logistics

Transportation has followed the same evolutionary pattern, moving upstream from day-to-day freight transactions to an integral component of top-level corporate planning and procurement strategy. Smaller companies have lean shipping departments and are often focused on moving product with little time and energy remaining to negotiate contracts and analyze freight spend. Disaggregate freight spend data. When analyzing freight spend, the devil is in the details.

Top 5 Metrics & Benchmarks To Measure In Pickup & Delivery Logistics

Abivin

Managing your business operations would be challenging without proper metrics and data analytics. Below are 5 significant metrics in Pickup & Delivery Logistics that any company can use to measure their performance in meeting initial goals. , This is a measurement of freight carrier performance and. This metric can also be called Perfect Order Measurement. Smaller metrics can either be measured separately or rolled into one longer-spanning metric.

Tips for Retailers (And All Shippers) to Overcome the Amazon Effect

Cerasis

There is no doubt, that the retail landscape is increasingly looking like an online one as traditional brick-and-mortar retailers, such as Toys R Us, Foot Locker, and Best Buy mobile shutter hundreds of stores unable to keep up with the changing customer that wants fast, free delivery all with just a click of a button. Despite some struggles, retail as a whole had a solid 2017, as total sales reached $3.5 The State of Retailing Online (SORO) survey of U.S.

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Optimize Your Freight Spend Without Negotiation

Talking Logistics

Companies across all industries are dealing with rising transportation costs and a key question many CEOs, CFOs, and supply chain executives are asking is, “What can we do to better manage and control our freight spend in today’s market?” Rising Freight Spend . With the rapid rise in omnichannel shopping and the need to fulfill those orders quickly, retailers must balance inventory positioning, the labor cost to fulfill the orders, and transportation costs.

How Quickly Things Change: April Freight Market Index Commentary

BluJay Solutions

Guest commentary by Mike Mulqueen, JBF Consulting – as provided for the April 2020 Freight Market Index report. Before looking into BluJay’s quarterly metrics, JBF Consulting and BluJay want to recognize the devastating impact of COVID-19. The impact of COVID-19 was not felt until March and initially, the result was a surge in freight volumes as consumers stocked up in preparation for quarantine. The Sensitivity of Freight Transport to Economic Volatility.

What Is Retail Consolidation & Is It Right for You?

CH Robinson Logistics

What Is Retail Consolidation & Is It Right for You? Handling ever-changing retailer requirements can be overwhelming—especially if you’re working with multiple retailers across the country or the world. If you’re currently shipping less than truckload (LTL) or underutilized truckload freight, a retail consolidation program might be the answer you need. What is a retail consolidation program? Retailer compliance programs are unique to each company.

What Is Retail Consolidation & Is It Right for You?

CH Robinson Logistics

Handling ever-changing retailer requirements can be overwhelming—especially if you’re working with multiple retailers across the country or the world. If you’re currently shipping less than truckload (LTL) or underutilized truckload freight, a retail consolidation program might be the answer you need. What is a retail consolidation program? This helps meet any retailer compliance programs that may exist. How a strategic retail consolidation program works.

Omnichannel Retail Requires Close Collaboration with Logistics Providers

Enterra Insights

The next time you feel the need to toast someone, raise your glass to all the supply chain professionals involved in omnichannel retail operations. John McAteer, Vice President of Sales, Retail, and Technology at Google, writes, “In retail, there’s no space for standing still. Empowered by mobile, people can get exactly what they want instantly and effortlessly, and they expect retailers to meet their needs faster than ever before.”[1]

21 Vendor Metrics Your Supplier Scorecard Might be Missing

Supply Chain Cowboy

But is your scorecard missing key metrics? It includes a free Excel template that you can modify to match exactly what metrics you want to measure. While some of these metrics might not apply to your business model, there’s definitely a few to add if they measure something important to you and your customers. In fact, many big-box retailers are uncomfortable being more than 30% of a supplier’s revenue base. Specific Quality Metrics.

Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

The key difference between the two can perhaps be explained in the following example: A 3PL provider working with a paint manufacturer may package and store products as well as transport them to retailers and/or customers. 3) Ecommerce and Multi-Channel Retail. Retail and consumer.

[PODCAST] Why Shippers Looking for Capacity & High Service Levels Need the Right Carrier Mix & Logistics Fundamentals Focus

Cerasis

Hello and welcome back to another episode of “The Freight Project Podcast!” On today’s episode we welcome Andrew Lynch, Co-Founder & President of Zipline Logistics, an award-winning logistics service provider that specializes exclusively in the transportation of retail consumer goods and food and beverage products. We hope you enjoy “The Freight Project Podcast.” We’ll publish every Tuesday right on the Cerasis blog and Freight Institute.

Moving Up The Corporate Ladder, Does Your Freight Spend Have A Seat At The Table?

4WL Consulting

There’s been a shift from executing daily freight transactions to integrating top-level corporate planning and procurement strategies. But lack of proper coordination across shipping locations still poses a big challenge, and has since forced smaller companies to maintain lean shipping departments, giving them ability to focus on transportation of products while utilizing available time; hence, the remaining time is utilized for contract negotiations and conducting freight spend analysis.

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Q4 2020 Freight Market Update: Preparing for 2020 Peak Season

Zipline Logistics

The past three quarters have been anything but typical for the freight market and the domestic economy at-large. The arrival of COVID-19 sent freight volumes skyrocketing to keep up with panic buying at retailers nationwide. What Is Driving the 2020 Freight Market?

Upcoming Changes to Walmart On Time in Full (OTIF) Program: What You Need to Know

CH Robinson Transportfolio

In this ever-changing marketplace, consumer and retailer demands are constantly evolving. Staying on top of shifting retailer requirements can be challenging—especially if you’re working with multiple retailers. As both a provider and supplier into large, global retailers, C.H.

What Supply Chain Data Should I Track in 2020?

Veridian Solutions

Various connections beyond API, like the use of Internet of Things (IoT) connected sensors, allow professionals to track products and their movement from the factory up to the retail store. To ensure your company tracks the right supply chain data in 2020, approach data management from a critical view—considering its impact from procurement through outbound freight and even reverse logistics. Metrics and KPIs Supply Chain Supply Chain Data

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Fix Your Retail Supply Chain to Make the Last Mile Count

Logistics Bureau

If your company is trading in the fast-paced arena of omnichannel retail , this is one buzzword you really need to pay attention to. We’ll explain how to use your supply chain to improve your last-mile delivery service and make sure it differentiates your retail business from its competitors, depending on whether you plan to compete on cost or quality. Strangely enough, the asset that matters most here is the one which retailers often overlook completely—the human one.

Preparing Your Supply Chain for Capacity Challenges

Transplace

In the retail market in particular, it’s also important to focus on smoothing volume. Shippers (or their 3PL partners) may have a core carrier base that may be managing up to 60-80% of their freight. Data, Metrics and Communication. In order to reach true network optimization, shippers need to utilize the right analytics and business intelligence, and there are a few key metrics that help paint an overall picture. Preparing Your Supply Chain for Capacity Challenges.

Preparing Your Supply Chain for Capacity Challenges

Transplace

In the retail market in particular, it’s also important to focus on smoothing volume. Shippers (or their 3PL partners) may have a core carrier base that may be managing up to 60-80% of their freight. Data, Metrics and Communication. In order to reach true network optimization, shippers need to utilize the right analytics and business intelligence, and there are a few key metrics that help paint an overall picture. Preparing Your Supply Chain for Capacity Challenges.

[e-Book] The Ultimate Guide to Last Mile & White Glove Logistics

Cerasis

Last mile e-commerce, last mile technology, last mile metrics and white glove services make standard shipping conversations seem like child’s play, and the new focus on the last mile is anything but. Leveraging Metrics, Shippers Find Better Ways to Excel at Customer Service and Last Mile Services. Every major retailer is moving in this direction, and your organization needs to up the game to stay competitive and survive the last mile revolution.

Why is OTIF Important?

SupplyPike

Walmart breaks down OTIF into separate metrics, On Time and In Full. Each metric has its own percentage goal that must be met in order to avoid fines. The metrics that apply to you differ based on whether you manage your own transportation (ie: “ Prepaid ”) or Walmart picks up the product from your warehouses (ie: “ Collect ”). Freight Shipping Retail + Analytics Supply Chain otif Walmart OTIF

9 Key Considerations in an Effective Last Mile Delivery Strategy

Supply Chain Game Changer

Obviously, shippers cannot track what consumers use their personal devices for all the time, but they can use metrics and Big Data to track what consumers are doing on their respective e-commerce sites. Retailer differences in SKUs and returns options for both e-commerce and brick-and-mortar store purchases can complicate the issue. Retail #ECommerce #SupplyChain #Logistics. E-Commerce Freight and Logistics Retail Supply Chain ECommerce Logistics Retail supplychain

7 Pitfalls of Amazon FBA (Fulfillment By Amazon)!

Supply Chain Game Changer

Amazon FBA sometimes falls short in this crucial metric. As more business moves from brick and mortar retail to ecommerce, states have been scrambling for ways to make up for lost sales tax revenue. Amazon #AmazonFBA #Retail #ECommerce #SupplyChain. Freight and Logistics Guest Blog Post Omnichannel Retail Supply Chain Supply Chain Management Amazon AmazonFBA ECommerce Retail supplychainSubscribe Here! Email Address.

Air Cargo Tech Is Falling Behind. It Doesn’t Have to.

Freightos

JOIN OVER 1,000 TOP FORWARDERS AND CARRIERS AUTOMATING AIR FREIGHT. DISCOVER AIR FREIGHT SOLUTIONS. Get Air Freight Standardized. Get Air Freight Dynamic. Get Air Freight Connected. Get Air Freight Customer Facing. Imagine a retailer’s ERP system alerting that some teddy bear is selling like hot cakes, and the system automatically books air cargo capacity for more teddy bears. Freight Insights Logistics Technology

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This Week in Logistics News (January 28 – February 1, 2019)

Talking Logistics

req’d) New Job for Robots: Taking Stock for Retailers (WSJ – sub. Uber Freight: Transportation Facility Brand Managers. As reported by Transport Topics , “Truck drivers using the Uber Freight load-booking app can now rate shippers’ and receivers’ facilities and share feedback on factors such as wait times and amenities.” The same ratings and reviews also are available to shippers within Uber Freight’s shipper platform.

Sam’s Club Updates Appointment Scheduler and OTIF Standards

Zipline Logistics

Brands delivering to the big box store must adhere to OTIF standards to remain in good standing with the retailer. It currently just uses on-time metrics to grade suppliers and the store’s retail buyers can base purchasing decisions on a brand’s delivery performance. Download: Using Data to Drive OTIF and Retail Compliance Success. However, the remainder of the retailer’s DCs will make the switch by the end of March.

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The Disintermediation of the Supply Chain!

Supply Chain Game Changer

A truly efficient and effective Supply Chain must include a strategy, plans, business processes, and performance metrics that incorporate disintermediation and the elimination of waste! Think about the typical set of objectives and metrics associated with managing a Supply Chain. The entire online shopping, e-commerce experience is also designed to fundamentally disintermediate, and disrupt, the retail shopping experience. Subscribe Here! Email Address.

How to Improve Your OTIF Score: 15 Tips for On-Time and In-Full Delivery

Zipline Logistics

Logistics is a critical function for CPG suppliers selling into big-box retail locations. Delivering on-time and in-full is essential to success and a metric used by retailers when evaluating partnerships with vendors of all sizes. But first, let’s look at the background of OTIF metrics and why they came to be. Most retailers share monthly or quarterly OTIF scores. The compliance standards are necessary as retailers work to compete with ecommerce.

This Week in Logistics News (July 15-19, 2013)

Talking Logistics

Con-way Freight Raises the Bar on Mexico Service, Adds Door-to-Door Tracking, 24-Hour Customer Resource Center, Enhanced Web Tools. Con-way Freight announced this week that it has enhanced its Mexico service offering with the introduction of real-time, door-to-door online tracking, a 24-hour Customer Resource Center and new web tools for tendering and managing shipments moving to and from Mexico.

Managing E-Commerce Fulfillment Spikes With Data Analysis

Cerasis

E-commerce spending will surpass $4 trillion annually by 2020, reports eFulfilmentService, accounting for approximately 15 percent of total global retail spending. Lackluster insight into freight spend and poor freight management controls. Fortunately, data analysis allows Warehouse Managers to gain the insights necessary to create metrics to track performance, which are also known as key performance indicators (KPIs).

6 ways CargoBarn helps shippers protect their bottom lines

CargoBarn

The Current Environment: Carriers, retailers, and shippers are adjusting their business practices to protect their bottom lines. As capacity remains tight, carriers can afford to be increasingly selective about which shippers they choose to work with and the type of freight they take on, slapping rate increases on shippers they deem “difficult,” or avoiding their freight altogether. . Freight