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3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance

Cerasis

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. Promise time, lead time, cycle time, transit time, delivery time, unloading time, processing time, queue time, quality assurance time, processing time, turnaround time, receiving time, and shipping time to the customer, (and I bet you could think of more "times" to measure!). 10 Soft Metric Considerations in Measuring Supply Chain Performance.

Why Collect Shipping Doesn’t Work for CPG Brands

Zipline Logistics

Collect shipping or customer pick-up (CPU) delivery options are an often promising solution for brands working with large, nationwide retailers. . What is Collect Shipping or Customer Pick-Up Pricing?? . Collect Shipping and Loss of Supply Chain Control .

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Top 15 Logistics Blog Posts of 2014

Cerasis

We continue our top blog posts of 2014 from our main categories today by focusing on something at Cerasis we are experts in : Logistics. If you are familiar with the term logistics, then you undoubtedly know it conjures up a different meaning to different people , different countries, and different companies even. There are countless number of logistics service providers who offer many different types of broad and niche services. Top 15 Logistics Blog Posts of 2014.

Which Metrics Matter? Interview with Philippe Lambotte

Supply Chain Shaman

My journey to understand supply chain Metrics That Matter started three years ago. Balance: The ability to balance a portfolio of metrics to maximize market capitalization and free cash flow. The early results from the ASU study will be featured in the book Metrics that Matter and it will be the core of the upcoming Supply Chain Global Summit on September 10-11, 2014 in Scottsdale AZ at the Phoenician. (We How do you balance metrics ? .

Why Samsung Might Turn to Blockchain for Its Global Supply Chain

Supply Chain Brain

Companies in the logistics industry have been taking an extra-hard look at blockchain because it can accurately automate many of the current functions that require much slower and more costly human interaction. In total, the company’s logistics division, Samsung SDS, will take on 1 million shipping units and 488,000 tons of air cargo. Business Strategy Alignment Global Supply Chain Management Global Trade & Economics Quality & Metrics Supply Chain Security & Risk Mgmt.

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Outsourcing Logistics: Does It Make Sense for Everyone?

Cerasis

The benefits of outsourcing logistics processes to a third-party logistics provider (3PL) are well documented. As the world’s economy has become increasingly complex, it has become impossible for a single entity to control all of the warehousing, transportation and administrative tasks that come with shipping and managing inventory. Basic Facts to Understand Before Outsourcing Logistics. Small package processing and shipping. 3PL Logistics logistics outsourcin

This Week in Logistics News (August 13-17, 2018)

Talking Logistics

Back at work, getting caught up on all of the supply chain and logistics news from the past two weeks. Here are the ones that caught my attention: Maersk and IBM Introduce TradeLens Blockchain Shipping Solution. project44 Launches Global Parcel Visibility. Blockchain in Global Trade: Maersk, IBM, and CBP. Back in January, IBM and Maersk announced plans to form a joint venture focused on “applying blockchain to improve global trade and digitize supply chains.”

21 logistics experts share the most important ingredients in developing an effective logistics strategy

6 River Systems

There are several elements in an effective logistics strategy, with the ultimate goal of identifying the most cost-effective service levels and developing plans and processes that enable the company to operate as close to those optimal service levels as possible. in the logistics industry.

5 Strategies for Successfully Outsourcing Shipping Logistics

CH Robinson Transportfolio

Robinson Green Bay office, customers will ask us how they can improve the odds that their logistics outsource will be a success. Over the 15 years this office has been open, I have developed expertise in how to best outsource businesses’ logistics. 5 Strategies for a Successful Logistics Outsource. For starters, a logistics outsource engagement depends on a number of factors. Be prepared to discuss your desired metrics and future expansion plans.

Technology and the Changing Nature of Logistics

Enterra Insights

One of the activities within supply chain operations is logistics. The Interlake Mecalux staff explains, “Logistics forms part of the supply chain. … Supply chains are shifting towards a logistics environment that’s faster and more flexible, personalized, accurate, and efficient.” Logistic 4.0 Logistics 4.0 Relying on intelligent logistics. Which data metrics are most relevant to your demand forecasting?

Wanted: Supply Chain Architects!

Supply Chain Shaman

I knew nothing about the world of logistics, inventory management and order optimization. It is usually driven by the logistics and transportation functions. The flows are typically linear and the analysis is on alternate modes and best shipping lanes. While executive leadership teams will often use these terms interchangeably, seeing the impact on a geographical map for a global network stimulates a different level of dialogue.

13 Reasons Why You Need a Global Transportation Management System (TMS)

3rdwave

In today’s turbulent trading environment, strong global transportation management capabilities deliver exceptional benefits and value. From optimizing freight movements and controlling freight costs, to supply chain SKU transparency and optimal inventory management, the value proposition for global transportation management is substantial and significant. Complexity in the global supply chain has increased dramatically since that time.

This Week in Logistics News (September 7-11, 2015)

Talking Logistics

Remembering 9/11 seems more important to me, even if it doesn’t directly relate to supply chain and logistics. They also lack process controls and metrics. Moving on to this week’s supply chain and logistics news… XPO Logistics to Acquire Con-way. Toys R Us lowers free shipping limit for online orders. Well, another blockbuster deal was announced this week: XPO Logistics is acquiring Con-way for approximately $3 billion. Today is September 11.

Top Talking Logistics Videos and Posts in 2018

Talking Logistics

As 2018 comes to an end, a quick thank you to all of our readers, followers, and sponsors for another great year of learning and conversation on Talking Logistics. The numbers speak for themselves: 49 episodes produced in 2018, totaling more than 1,200 minutes of conversations with thought leaders and newsmakers in the supply chain and logistics industry. Our logistics team looks forward to your industry updates and GREAT music selections.” — Robert G.,

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This Week in Logistics News (May 13-17, 2013)

Talking Logistics

Chainalytics Creates New Metrics for Demand Planning Consortium. Maersk warns on slowing global trade ( Financial Times ). FTR Shippers Condition Index notes pending HOS changes could cut productivity ( Logistics Management ). There is an increasing need to extend these applications beyond the enterprise to improve supply chain and logistics execution. In related news, Maersk downgraded its forecast for ocean shipping demand.

Global Luxury Management “Lifestyle” brands require push supply chain design customization

Supply Chain View from the Field

More and more global luxury brands such as Gucci, Louis Vuitton, and others are promoting themselves as Lifestyle brands, spanning many products including fragrance, home collections, apparel, paint, wallpaper, foods, and many other products. In this environment, the supply chain and logistics task becomes even more complex, as it involves delivering and fulfilling product and service support to deliver a lifestyle “vision” around the world.

Global Trends in Digital Supply Chain - 2018 Review

Abivin

The year 2018 saw the increasing use of advanced technology to give more intelligence to logistics operations. Business Intelligence powered by Artificial Intelligence and Advanced Analytics Modern logistics operation involves many different stages. Source In 2018, companies continue to rely on data to make decisions in logistics. Technology enables green, sustainable supply chain Logistics activity can bring about negative impacts to the environment.

Why Logistics and Transportation Should Digitize

3rdwave

Digitization is an essential cornerstone capability that enables Logistics to deliver its true potential. From the perspective of Logistics, understanding digitization is particularly relevant because much of the information logistics requires is in analog format. Why should Logistics Care about Digitization? Logistics should care about digitization because its activity is heavily dependent on vast amounts of data originating with 3rd parties outside of its control.

13 Reasons Why You Need a Global Transportation Management System (TMS)

3rdwave

In today’s turbulent trading environment, strong global transportation management capabilities deliver exceptional benefits and value. From optimizing freight movements and controlling freight costs, to supply chain SKU transparency and optimal inventory management, the value proposition for global transportation management is substantial and significant. Complexity in the global supply chain has increased dramatically since that time.

The Trends Shaping Supply Chain and Logistics: Takeaways from Descartes Evolution 2017

Talking Logistics

Drones and its future in supply chain and logistics processes. Logistics Excellence: Now & in the eFuture. Before diving into some takeaways from the sessions I attended and participated in, here are some high-level stats about Descartes (a Talking Logistics sponsor): Descartes is now a $200M+ company and continues to grow. getting buy-in from drivers and other stakeholders) and implementing appropriate metrics to measure and drive performance.).

Top Logistics Articles of 2015

Cerasis

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. Here are the top 10 logistics articles from the Cerasis blog with the 10th most read to the most read published in 2015. Logistics

3 Initiatives Driving Sustainable Transportation and Logistics Management

Supply Chain Nation

Department of Energy calculated that CO2 emissions from transportation surpassed two billion metric tons ; it’s hard to imagine what that number looks like today. The realities of today’s complex global marketplace make fulfilling sustainability objectives anything but simple as companies navigate fulfillment, transportation and logistics challenges. The post 3 Initiatives Driving Sustainable Transportation and Logistics Management appeared first on Supply Chain Nation Blog.

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

Talking Logistics

XPO Logistics to Acquire 3PD, the Largest Provider of Heavy Goods, Last-Mile Logistics in North America. As I’ve commented in previous postings, if you are a 3PL or transportation company and you’re not involved in cross-border shipping with Mexico, then you are missing out on a growing business opportunity (see Reuters article from December 2012). Tweet The post This Week in Logistics News (July 15-19, 2013) appeared first on Talking Logistics with Adrian Gonzalez.

26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

Logistics can be traced all the way back to the Greek and Roman empires , but it’s undergone several major transformations as new technologies provide opportunities to more efficiently manage the movement and storage of goods. In the digital transformation age, logistics is once again undergoing a major shift. These technologies also contribute to a rise in big data and analytics in the logistics field. ” Meet Our Panel of Logistics Pros: Brian Jessup.

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

Supply Chain Network

percent per year, over 90% of the world’s trade is carried by sea for a total of 23 million tonnes of cargo traveling by ship every day. Global supply chains are one of the longest and most complex of business process systems due to the many moving parts, multiple transfer points, diverse company types/players involved and the sheer length of these supply chains. Spire Global has worked with Odyn.ai

3 Steps to Achieving Predictive Logistics

Talking Logistics

A reporter recently asked me how, in my view, the shipping industry would make money in the coming years. In the past, growth came from scale: mega-ships, port infrastructure, and buffer. Defining Smarter Logistics. The shipping industry is highly complex and nuanced; improving predictions requires a platform custom built for the logistics industry. . This is the power of predictive logistics. .

The Global Supply Chain is Evolving – Are you ready?

MAVES

The global supply chain is evolving every day, adding complexity to the roles of shippers and their third-party logistics providers (3PLs). Their concerns include: infrastructure, economic stability, freight and supply chain transparency, tax regulations, security, and cross border shipping details. The following is a list of the most influential new requirements driving the modern supply chain to adopt change: Globalization of Business. Advanced Analytics / Metrics.

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Logistics Management Software – A Complete Handbook for Manufacturers

ThroughPut

What is Logistics Management Software? Logistics Management Software is one that helps drive the logistics function of an organization by managing the actual flow of materials, goods, and services from the point of origin to the point of consumption. From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. Blog logistics management

Logistics Management Software – A Complete Handbook for Manufacturers

ThroughPut

What is Logistics Management Software? Logistics Management Software is one that helps drive the logistics function of an organization by managing the actual flow of materials, goods, and services from the point of origin to the point of consumption. From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. Blog logistics management

Logistics Management Software – A Complete Handbook for Manufacturers

ThroughPut

What is Logistics Management Software? Logistics Management Software is one that helps drive the logistics function of an organization by managing the actual flow of materials, goods, and services from the point of origin to the point of consumption. From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. Blog logistics management

Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

SUMMARY: Because 4PL providers handle a company’s entire chain, including challenges that are thrown up by advances in technology, they are increasingly being favoured over third-party logistics (3PL) providers, especially by big companies with complex supply chains. Healthcare Logistics.

Food Trends That Could Have an Impact in 2021

Zipline Logistics

Since much of the previous year in business and elsewhere was defined by a global pandemic, we are left asking what will 2021 look like for food and beverage shippers. The recent global pandemic has affected almost every sector of business in one way or another.

Supply Chain Goals: Gracefully Overcoming the Hurdles of Global Sports Events

BluJay Solutions

million shipped items and 60 metric tons of air freight.*. If supply chain is the ultimate team sport, the world championship in Russia and other large events are mega-examples of how logistics teams up and down the supply chain must all play a role and work efficiently to deliver the goal. Transport and logistics companies must be able to fill out customs declarations quickly and precisely so that the shipment complies with local and national law.

Logistics Past, Present, and Future

Supply Chain @ MIT

Logistics on the move. The logistics role is changing according to John Wiehoff, CEO of C. The logistics business has changed dramatically over the last 20 years. Robinson (CHR), the world’s largest provider of truckload transportation services, visited MIT CTL recently to give his view of the changing face of logistics. While reliable service and low prices are still important, these metrics have become prerequisites for commercial success.

Why Logistics and Transportation Should Digitize

3rdwave

Digitization is an essential cornerstone capability that enables Logistics to deliver its true potential. From the perspective of Logistics, understanding digitization is particularly relevant because much of the information logistics requires is in analog format. Why should Logistics Care about Digitization? Logistics should care about digitization because its activity is heavily dependent on vast amounts of data originating with 3rd parties outside of its control.