Walmart OTIF Metrics

SupplyPike

We’ve discussed the basics of OTIF and the fundamentals of OTIF before, but we thought we’d drill down deeper into the individual metrics. First, we’ll start by reviewing the basic goals of OTIF, and then we’ll dive into each metric and the compliance issues of each metric. We are only covering Supplier Accountability OTIF metrics. On Time compliance issues for “Prepaid” are for times where you manage the freight.

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

Cerasis

Furthermore, some data may be of minimal use without comparison to and identification of trends and collaborations between data from other transactions within a given warehouse or transportation system. 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. Business practices have become synonymous with the application and collection of data for continuous improvement.

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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. Unreimbursed Freight. A high level of unreimbursed freight shows that the team is taking extraordinary measures to satisfy customers. Companies can use these metrics to help ensure they are doing everything possible to satisfy their customers at a manageable and sustainable cost. Unreimbursed Freight.

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.

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.

A Lesson on the Freight Market: Four Standout KPIs

BluJay Solutions

Guest commentary by Mike Mulqueen, JBF Consulting – as provided for the October 2020 Freight Market Index report. It is always with great anticipation that I await the arrival of the BluJay Freight Market Insight report.

The Business Case for Freight Visibility

Talking Logistics

Bennett Adelson, CEO of MacroPoint discusses the following questions and more in this timely and informative episode: Why is real-time freight visibility so important for shippers and 3PLs? What benefits does real-time freight visibility provide to shippers, carriers, and brokers? How does freight visibility impact that metric? What advice or recommendations would you give to companies to help them develop a strong and convincing business case for freight visibility?

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. . Dr. Schreiber concludes by covering the players (from startups to billion-dollar companies) and the trends changing the industry. Bringing Freight Online In The Carrier Space. Bringing Freight Online In The Forwarding Space.

Three Mega Trends Driving Supply Chain Transformations

TMC

We recently participated in two conferences that both focused on this topic: Transparency 18 , a freight visibility summit hosted by FreightWaves, and the Gartner Supply Chain Executive Conference —Move to Mastery: Innovate, Disrupt, and Scale the Digital Supply Chain. We see three mega trends that are driving both growth and interest in the industry. The post Three Mega Trends Driving Supply Chain Transformations appeared first on Connect Blog by TMC, a division of C.H.

Three Mega Trends Driving Supply Chain Transformations

TMC

We recently participated in two conferences that both focused on this topic: Transparency 18 , a freight visibility summit hosted by FreightWaves, and the Gartner Supply Chain Executive Conference —Move to Mastery: Innovate, Disrupt, and Scale the Digital Supply Chain. We see three mega trends that are driving both growth and interest in the industry. The post Three Mega Trends Driving Supply Chain Transformations appeared first on Connect Blog by TMC, a division of C.H.

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!

26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

To learn more about the biggest trends shaping the logistics industry today, we reached out to a panel of logistics professionals and asked them to answer this question: “What are the biggest trends in logistics technology?” Read on to learn what our experts had to say about the most important logistics technology trends impacting the industry today. Mobile apps can generate reports and monitor performance metrics.

5 Easy-to-Use Ways to Monitor Supply Chain Health

Talking Logistics

Do you have the right metrics? Metrics show how your supply chain is performing – providing they are the right ones to do the job. Inappropriate metrics can give a false or incomplete picture of supply chain performance. Second, what metrics are the best indicators of performance in terms of these goals? How much are you spending to move 100 pounds of freight? These are examples of metrics that may or may not support your goals.

6 Trends to Make Supply Chain Managers the Heroes of Their Company!

Supply Chain Game Changer

Similar to the supply chain maturity curve of technologies, as explained by Steve Banker of Forbes , supply chain managers should consider how top supply chain trends will influence operations in the coming year. What Top Supply Chain Trends Can We Look Forward to . Supply chain managers refocus their efforts to increase adherence to perfect order metrics and leverage marketing capabilities and capacities to their fullest potential. Subscribe Here! Email Address.

Manufacturing Labor Productivity: A Vital Metric to Spur for American Manufacturing to Compete

Cerasis

And, while the first quarter findings may be the result of a measurement issue, multi-year trends show labor productivity growth much slower than our competitors. Twitter The post Manufacturing Labor Productivity: A Vital Metric to Spur for American Manufacturing to Compete appeared first on Freight Logistics Company | Cerasis.

Writing: Working on My Book

Supply Chain Shaman

Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. I recently interviewed him for my upcoming book, Metrics that Matter, that publishes in August 2014. Which metrics do you think matter to supply chain excellence? In my experience this has been a powerful metric to generate profound change. I have come across customer service metrics and fulfillment metrics that overstate performance.

6 Trends to Make Supply Chain Managers the Heroes of Their Company!

Supply Chain Game Changer

Similar to the supply chain maturity curve of technologies, as explained by Steve Banker of Forbes , supply chain managers should consider how top supply chain trends will influence operations in the coming year. What Top Supply Chain Trends Can We Look Forward to in 2018. Supply chain managers refocus their efforts to increase adherence to perfect order metrics and leverage marketing capabilities and capacities to their fullest potential. Subscribe Here! Email Address.

6 Transportation Management Trends for 2016

Cerasis

Some of these transportation management trends reflect real worries for the logistics industry. Take a look at six of the trends to watch for in transportation management this year. Outsourcing of Freight Data and Payment Management. Previously, rates were determined by freight classification. However, modern transportation management systems are looking to change this trend. Increasing Collaboration and Inter-management of Transportation Management Trends.

Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

Unloading of local freight and de-stuffing and palletising of international freight. Ambient and/or temperature-controlled storage of supplier freight. Phoenix Freight: 3PL and 4PL Provider. Another provider of note is Phoenix Freight, which is based at Port Botany.

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. A two hour average dwell time at the origin increases the freight rate for every load shipped from that origin by an average of $9.83 (in addition to any detention charges).

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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?

3 Logistics Trends Point to Cloud TMS Adoption by SMBs in 2016

Supply Chain Collaborator

The Collaborator has been reviewing respected sources of industry analysis to gain perspective on the trends being predicted to materialize in supply chain logistics for 2016. What follows are highlights from the trends reports we’ve read and some analysis of what the trends portend for mid-sized to large-volume shippers in the US. Trend 3) The Role of BI and Data – Logistics IT solutions are adept at collecting all manner of data relevant to transportation management.

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How BluJay Can Help: Free Freight Market Index Reports

BluJay Solutions

Even more important is data in context, which is why BluJay will provide our Freight Market Index (FMI) for free over the next 90 days. . In less than two weeks, our April 2020 Freight Market Index report will show America’s earliest transportation market data points reflecting the impact of COVID-19, across the industry’s most robust range of rate, performance, and service KPIs. Uncategorized Carriers FMI Freight Market Index Shippers

[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. New Last Mile Logistics Trends of Pushing the Logistics Industry Forward As a Whole. Freight Last Mile Logistics Transportation Management last mile and white glove

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 same ratings and reviews also are available to shippers within Uber Freight’s shipper platform. In short, this trend could give rise to a new transportation role: “Transportation Facility Brand Manager.”.

[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. We hope you enjoy this very first episode of The Freight project podcast! The Digital Supply Chain: The Landscape, Trends, Types, and the Application in Supply Chain Management.

Sustainable Logistics Practices Can Serve as a Differentiator for CPG Brands

Zipline Logistics

Finding Freight Consolidation Opportunities. Freight consolidation offers a multitude of benefits to CPG vendors. Tracking Key Metrics to Drive Performance Improvement . Blog Post Data and Technology Industry Trends

Connect Big Data with Predictive Analytics for Increased Visibility and Control Over Global Supply Chains

Supply Chain Network

Shippers, carriers, freight forwarders and third party logistic firms are currently spending millions of dollars in resources on ‘estimating’ important metrics such as container Estimated Time of Arrival (ETAs). Emerging Trends Freight & Transportation Information Technology New Ideas Security Supply Chain Management Supply Chain Risk

The 6 Trends Third Party Logistics Service Providers Will Drive to Empower Shipper Success in 2017

Cerasis

Take a moment to think about how these remaining six trends will impact the shipping and freight industry as a new administration takes control. Thus, management teams must have access to immediate freight and shipping rates and information, allowing better consolidation and optimization of incoming and outgoing shipments. Hyper-Local Demand Will Drive Last-Mile Freight Delivery and Optimization.

Delivery is the Product: Takeaways from Transplace’s Shipper Symposium 2018

Talking Logistics

The comment caught my attention because later that morning I was going to moderate a discussion with Dan Dershem , General Partner at Supply Chain Ventures, about emerging technologies such as blockchain, artificial intelligence and machine learning, autonomous trucks, and digital freight. It’s the reason why On Time In Full (OTIF) is a critical supply chain metric today. Adrian Gonzalez and Dan Dershem Talking Tech Trends. Digital Freight.

6 Supply Chain Trends That Could Truly Shake You Up (2018 Update)

Logistics Bureau

Trend identification is a tricky business. Supply chain trends make it yet more complex because they represent the intersections of so many different domains. What is a supply chain trend-spotter to do? A Different Perspective on Business Trends and Supply Chains. We explore six overall business and economic trends that have been progressing steadily and measurably over the last few years. What Happened to These Trends?

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Supply Chain Scope: New Study Shows Rise in US Inventories; California Estimated to Improve Freight Efficiency by 25% in 2030

Arkieva

Sustainable Freight Action Plan for California is estimated to Improve Freight Efficiency by 25% in 2030. The Sustainable Freight Action plan released by California governor Jerry Brown outlines a long-term 2050 vision and guiding principles for California’s future freight transportation system. Targets for 2030 Include: Improve freight system efficiency 25 percent by 2030. Foster future economic growth within the freight and goods movement industry.

Capacity Imbalance Persists in April: DAT Freight Barometers

DAT Solutions

That's my main takeaway from the Dry Van Freight Barometer for April. Above is a summary of the DAT Freight Barometers for April. Last year, I developed the DAT Freight Barometers as a predictive tool, to help explain and forecast transportation pricing trends. DAT Freight Barometers are based on metrics and statistics from DAT load boards. The Freight Barometer is an excellent predictor of changes in spot market van rates.

Top Talking Logistics Posts & Episodes (Q3 2016)

Talking Logistics

Beyond the Basics: Exploring the Value Levers of Freight Audit. So Many Metrics, Which Ones Matter the Most? Supply Chain & Logistics Trends Amazon logistics supply chain Talking Logistics transportation visibilityIt’s hard to believe that 2016 is three quarters over, with many companies (including ourselves) already deep in planning for 2017.

DAT Freight Barometers: Expect contract rates to rise

DAT Solutions

In all three modes, the DAT ® Trucking Freight Barometers are continuing to demonstrate three basic trends: Demand that exceeds capacity by a wide enough margin to drive spot and contract prices higher. There is less freight to be moved. To hear more of Donald Broughton's insights, attend his keynote session on "Threat vs Opportunity in the New Freight Economy" at the DAT User Conference. Trucking Industry Trends