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. What Distribution Center Metrics Need Tracking? On-Time Shipping.

Metrics that Matter: Customer Service

QAD

Inventory accuracy and minimizing stockouts are very important to customer satisfaction, but a few other metrics also impact the ability to meet customer expectations. This measures the number of orders or order lines shipped on time and without backorders or shortages.

[e-Book] The Ultimate Guide to Manufacturing, Supply Chain, Logistics, Transportation, & Freight Metrics & KPIs

Cerasis

Take a look at how a business can use technology, metrics, and services to improve transportation processes, which range from supplier shipping to route optimization. We hope you enjoy this comprehensive look into data, business intelligence, metrics, and the CORE KPIs every shipper and manufacturing or supply chain professional should know in order to continually improve business practices and reduce overall costs.

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 . One area that can quickly yield benefits is in parcel shipping. The distance traveled is one of the key factors in the cost of parcel shipping, so the shipping location plays a huge role in how expensive a shipment is.

Multi Carrier Shipping: 8 Ways to Avoid the Shortsightedness Of Chasing The Least Cost Carrier

Cerasis

When you are looking to choose a carrier when it is time to ship your freight, it might seem obvious to go with the carrier that provides you with the lowest “sticker price.” You have to think about several factors beyond just the freight rate.

23 Reasons the Ideal TMS is best for LTL Freight Shipping

Cerasis

Using less-than-truckload for medium-sized shipments is one of the great innovations in shipping. It produces results at a fraction of the cost of full truckload (FT) or small package shipping. However, the needs of the modern shipping industry have reached an optimal point, and the only way to further push the envelope is by using a dedicated transportation management system (TMS). Freight Consolidation. Contract negotiation is becoming a major factor in shipping.

The Digital Freight Ecosystem Part 2: What’s Bringing Freight Online

Freightos

The Digital Freight Ecosystem. Part 2: What’s Bringing Freight Online. In the first part of this article , Dr. Schreiber observed that freight is still largely offline and examined why freight digitalization has been so complicated. . Freight Market Intelligence.

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. It is easy to understand why strategy is often set aside to meet immediate needs of getting product shipped out the door. Large and mid-size shippers typically have procurement personnel but may lack coordination across shipping locations. Disaggregate freight spend data.

The Digital Freight Ecosystem Part 2: What’s Bringing Freight Online

Freightos

The Digital Freight Ecosystem. Part 2: What’s Bringing Freight Online. In the first part of this article , Dr. Schreiber observed that freight is still largely offline and examined why freight digitalization has been so complicated. . Freight Market Intelligence.

[INFOGRAPHIC] Optimize Manufacturing Operations with these 5 Golden Manufacturing Metrics

Cerasis

Editor's Note: As a third party logistics company with a focus on better Less-Than-Truckload (LTL) freight management, we have several shippers who are in the manufacturing industry. The 5 "Golden Metrics" to Know in order to Drastically Improve Manufacturing Operations.

50 Most Read Articles of All Time in Manufacturing, Supply Chain, Logistics, Transportation, & Freight

Cerasis

Since today is the last day of the year before we all get ramped up towards a productive 2016 and after finishing out top 10 most read articles in each of our five main categories ( Manufacturing , Supply Chain , Logistics , Transportation , & Freight ) we wanted to give you all a treat and list the top 50 most read articles of all time from the Cerasis blog. 8 Most Common Reasons Why You May Receive a Freight Claim Declination Letter. Happy New Year!

[PODCAST] Why Logistics Execs Who Glean Insights from Transportation Management Data Collaborate More & Reduce Shipping Costs

Cerasis

Hello and welcome back to another episode of “The Freight Project Podcast!” We hope you enjoy “The Freight Project Podcast.” We’ll publish every Tuesday right on the Cerasis blog and Freight Institute. Why collaboration between all entities in the shipping process is really the key to success in effective transportation management. We hope you enjoy this very first episode of The Freight project podcast!

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. Be sure not to penalize or reward suppliers based on your choice of shipping method. Specific Quality Metrics.

Wanted: Supply Chain Architects!

Supply Chain Shaman

The flows are typically linear and the analysis is on alternate modes and best shipping lanes. This work is typically periodic to accompany a freight bid or an end-to-end project. Forty years ago as a chemical engineering student, I learned the tedious craft of chemical plant design.

4 Long Term Ways to Save with Less Than Truckload Freight Shipping

Cerasis

So, your organization has decided to explore the benefits and perks of less than truckload freight shipping. The dedicated TMS can further eliminate the frustrations that occur with typical full-truckload (FT) shipments and small package freight by combining all KPIs and available options into a single, comprehensive tool. Let’s take a look at how the TMS impacts the costs of shipping over the long term in four critical areas. LTL ltl freight

9 KPIs to Track for Proper Freight Management

Cerasis

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. This freight management KPIs measures a broad scale of maintenance as well.

The Best LTL KPI for Measuring Freight Damage

The Logistics of Logistics

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. Be sure to measure all damage not just freight claims filed. Damaged packaging, small scratches, and loose pieces are all upsetting to the receiver and the end customer so they should be documented and measured, even if there isn’t a freight claim filed.

KPI 100

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. Both Large and Mid-sized shipping companies rely on procurement personnel.

[PODCAST] Tips for Shippers to Reduce Missed Pickups & In-Transit Freight Problems

Cerasis

Hello and welcome back to another episode of “The Freight Project Podcast!” On today’s Podcast episode Cerasis welcomes our very own Freight Desk Manager, Chris Longner. The Cerasis Freight Desk takes care of all of shipper customers’ inbound and outbound routing services. We hope you enjoy “The Freight Project Podcast.” We’ll publish every Tuesday right on the Cerasis blog and Freight Institute.

eBook 120

3 Technology Companies Disrupting Shipping

FLEXE

The speakers cover everything from air and ocean freight to trucking and warehousing. Basically, responsible for ocean freight carriers, ocean ships that rely on truck companies. Nerijus: Flexport is a technology-enabled freight forwarder.

Managing a Third Party Logistics Partnership

The Logistics of Logistics

If you do not want to start at the 3PL as a contact customer with a SLA/KPIs, you can ship your goods and become a public account. 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.

7 Freight Costs Considerations That Will Have Shippers Rethinking In-House Transportation Management

Cerasis

Freight costs are eminently controllable, however, efficiently managing this major budget item requires expertise. In the complex world of modern transportation, companies lacking the experience to professionally handle the intricacies of transportation management are sure to find controlling shipping costs an extreme challenge. Here are just some of the typical issues that businesses encounter in undertaking self-management of freight transportation management.

Preparing Your Supply Chain for Capacity Challenges

Transplace

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. Are your carriers shipping what they said they were going to ship, or are they shipping more/less?

Parcel Shipping: Dimensional Weight and the Post-GRI Blues

Talking Logistics

If you ship printed matter, hardware, or any other products with high density, you may not be impacted at all. Performing packaging studies to ensure that you are using an optimum box mix given your order metrics is always a good idea.

Reducing Costs in Shipping with a Focus on Inbound Logistics Strategy

Cerasis

Reducing Costs in Shipping with a Focus on Inbound Logistics Strategy. While some vendors might disagree with plans to implement and inbound shipping strategy to reduce your costs, remember that you must look out for your company first. Metrics and Auditing Prevent Overbilling and Overpayment to Vendors for Shipping Costs. Furthermore, your company must pay the costs of shipping , which may more than the carrier’s charges or double-billed.

Inbound Parcel Freight: What Are the Top Considerations for a Shipper?

Cerasis

Managing inbound parcel freight has increased in complexity with the global rise of e-commerce. Amazon has mastered inbound parcel freight management as part of its third-party marketplace, and small and mid-sized shippers are struggling to keep up. While part of the larger scheme for global economic growth, inbound parcel freight has become a top priority for shippers. What’s Causing Problems With Inbound Parcel Freight Management?

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

Cerasis

Whether you are a retailer, carrier, cloud services provider, or eCommerce merchant, Amazon not only effected the landscape of e-tail but the landscape of shipping and logistics as a whole. And keeping up with the parcel shipping of these customers does not come without a price.

Retail 203

Logistics Key Process Indicators (KPIs)

The Logistics of Logistics

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. Key Process Indicators vs. Metrics. I sometimes use the terms KPI and metrics interchangeably, but they are not the same. Only the most important metrics can grow up to become KPIs.

KPI 186

The Best LTL KPI for Measuring Cost

The Logistics of Logistics

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. One of the reasons, to use LTL KPIs is to know whether the shipping function is improving. The KPI gives the shipper an objective measure to compare freight rates, different weights, freight class, carriers and shipping locations. Without the cost per pound KPI, it is difficult to analyze LTL freight costs.

KPI 109

[PODCAST] Why Transportation Management Data Has Carriers & Shippers Forging Collaborative Relationships to Beat the Capacity Crunch

Cerasis

Hello and welcome back to another episode of “The Freight Project Podcast!” We hope you enjoy “The Freight Project Podcast.” We’ll publish every Tuesday right on the Cerasis blog and Freight Institute. What transportation management data has meant for the transportation management sector and how data can improve outcomes if you choose to analyze the data you can extract from shipping processes.

Top Findings: What Makes a Favored Shipper?

Talking Logistics

What makes carriers prefer to move one shipper’s freight over another’s? According to anecdotal evidence, carriers look at shipper behaviors before deciding which company’s freight they will haul; favored shippers are also rumored to receive better rates.

Iowa 244

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

Talking Logistics

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 Best LTL KPI for Measuring Billing Accuracy

The Logistics of Logistics

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. Regardless of who does the freight bill auditing, shippers should measure billing accuracy with the LTL KPI described in this article. With LTL shipping, inaccurate bills are the norm. Shippers should measure the number of accurate freight bills.

KPI 100

[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. Freight Last Mile Logistics Transportation Management last mile and white gloveIt can be hard to wrap your mind around how encompassing last mile Logistics can be.

The Best LTL KPI for Measuring On Time Performance

The Logistics of Logistics

White Paper: The Essential Guide to LTL Shipping Improvement: Action Plan and Metrics for Rapid Transformation. Bottom line: Measuring on time performance is simple and can provide some great insights into the shipping function. Armed with the on time performance KPI, shipping folks can drive improvements in the shipping process. The best LTL KPI for measuring on time performance is simply the percentage of on time shipments.

KPI 100