Talking Logistics

NOVEMBER 2, 2016

When it comes to supply chain and logistics, figuring out the right approach to measuring performance is a challenge. Assuming you can start with a clean slate, are there any guiding principles to selecting the “right” metrics? Usually, there are three things that companies do wrong when trying to measure the performance of their organization,” said Jason Minghini, VP Best Practices at Kenco Group in a recent episode of Talking Logistics.

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Metrics Supply Chain Groups Quality 130

Talking Logistics

SEPTEMBER 12, 2017

Simply maintaining your goal patterns instead of gaining on your goals will keep your growth at a standstill if you don’t actively and routinely work to overcome it. As a leader, you need many tools to eliminate this mindset. The four key methods here will help you drive more success as you bring the metrics to life on your warehouse floor: 1. If your team isn’t challenged to meet their goals, your bar is likely set too low. Measure to create value.

Metrics 82

Metrics Continuous Improvement Tennessee eBook 82

Abivin

FEBRUARY 20, 2020

Managing your business operations would be challenging without proper metrics and data analytics. This statement is specifically true in Logistics, which involves supply chain and transportation. In particular, it would be difficult to manage the process and evaluate the success of your organization without quantifiable KPI and benchmark. Knowing what and how to measure is the first essential step in management. This can also be applied to the delivery hours.

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Benchmarking Metrics KPI Freight 64

Kinaxis

DECEMBER 3, 2014

Over the next several weeks, I’ll outline these issues and discuss some ideas around how to avoid these practices. Reason #3 Not having end-to-end supply chain visibility. Reason #9 Relentless pursuit of one supply chain metric at the expense of other metrics. You tell them that you expect an A in geography – and you don’t care what happens to their Math grade. Why do companies focus on reducing a specific metric? Find ways to reduce lead time.

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Metrics Six Sigma Supply Chain Inventory 200

Speaker: Irina Rosca, Founder, sustainSCM and Director of Supply Chain and Customer Success Operations, Helix OpCo

Across industries, 81% of all customers attempt to take care of matters themselves before reaching out to a live representative. When there is so much information in customer feedback, why do supply chain managers leave such expensive insights on the table? Supply chain touches the product from conception until it arrives in the hands of the customer, and sometimes through the recycling process. Join Irina Rosca, Director of Supply Chain and Customer Success at Helix as she walks through the key questions to connecting the supply chain with the voice of the customer.

Supply Chain

Cerasis

FEBRUARY 2, 2018

Rather than falling victim to the same problems, your organization should follow these tips to get ready for implementing omnichannel supply chain strategies. This means moving inventory to make it closer to markets where it is sells. Since using a store-as-a-distribution center is integral to keeping storage costs down in omnichannel, retailers should leverage technology and analytics to align inventory correctly.

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Omnichannel How To Supply Chain Training 198

AFFLINK

NOVEMBER 18, 2020

Times are tough, which means that it may be time to start looking at how you can cut costs. If your logistics personnel aren't packing shipping and air freight containers effectively, then you're going to pay high shipping rates for nothing more than air.

Packaging 62

Packaging Shipping Freight Metrics 62

Cerasis

MARCH 23, 2016

Today I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. Your company has started the lean journey, but how do you sustain it? Let's first talk about first setting the stage, then give you practical practices and tactics to achieve a sustainable lean culture, and then provide core key performance indicators (KPIs) to track your progress. Lean is a challenge to implement.

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Lean Sustainability Manufacturing How To 182

Abivin

FEBRUARY 24, 2020

Managing your business operations would be challenging without proper metrics and data analytics. This statement is specifically true in Logistics, which involves supply chain and transportation. In particular, it would be difficult to manage the process and evaluate the success of your organization without quantifiable KPI and benchmark. Knowing what and how to measure is the first essential step in management. This can also be applied to the delivery hours.

Benchmarking 46

Benchmarking Metrics KPI Freight 46

Talking Logistics

JUNE 2, 2016

Today, shippers face increased regulations, unstable market conditions and capacity concerns that make it near impossible for a newly divested company to achieve all of its goals without the expertise and support of a third-party logistics (3PL) provider. A 3PL provider offers customers with outsourced, or “third party,” logistics services for part or all of their supply chain management functions. This tactic of ‘letting go’, is how many companies are growing, even thriving.

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3PL How To Third Party Logistics North America 137

Abivin

MARCH 28, 2019

In a standard supply chain process, it has been observed by the economists the rising concern on climate change and growing pressure on the firms to decrease the carbon footprint. Source The process and involvement of logistics department in every organization have become an essential part to the economic development for a long time now. How can companies enable Green Logistics?

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Guidelines Sustainability Warehousing Transportation 63

Logistics Bureau

NOVEMBER 16, 2020

You are not alone, especially as in the time since we first penned this article, one huge and unforeseen event has raised awareness of the global importance of this vital sector—and shown it to be an attractive career choice. This is expected to widen to 9 to 1 in the years ahead.

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Six Sigma Third Party Logistics Supply Chain Training 68

Supply Chain Opz

OCTOBER 10, 2014

According to O*NET OnLine, a supply chain manager earns $103,530 per year in average. That''s why we decided to find out what the experts in the industry will say and the answers are listed in the order they were received in: 1) Bronwen Hann from Argentus Supply Chain Recruiting In my opinion, the single most actionable tip for landing a Supply Chain dream job is to put together an accomplishment-based resume. If you’re an inventory planner, how many SKUs did you manage?

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How To Supply Chain SCM Procurement 214

Talking Logistics

SEPTEMBER 18, 2014

According to a July 2014 supply chain research study from Accenture focused on Big Data and supply chain risk management, most organizations have high hopes for using big data analytics in their supply chain but many have had challenges in deploying it. There are a number of challenges when adopting and deploying a data analytics solution, and it’s important for organizations to clearly define their goals and objectives before embarking on this endeavor. to P.O.D).

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Big Data Supply Chain Visibility Data How To 199

Abivin

FEBRUARY 24, 2020

Managing your business operations would be challenging without proper metrics and data analytics. This statement is specifically true in Logistics, which involves supply chain and transportation. In particular, it would be difficult to manage the process and evaluate the success of your organization without quantifiable KPI and benchmark. Knowing what and how to measure is the first essential step in management. Transit Time to Distance.

Benchmarking 40

Benchmarking Metrics KPI Freight 40

Cerasis

MAY 18, 2018

Omni-channel sales strategies have become essential to companies trying to keep up with Amazon and major retailers. Unfortunately, a lack of understanding in omnichannel supply chains has also led many companies to experience extreme issues in delivering on their promises. In fact, third-party companies already have the first step in the bag, and you need to understand why. Essentially, this lends itself to intelligent fulfillment.

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Omnichannel Supply Chain Technology How To Third Party Logistics 161

Supply Chain Opz

FEBRUARY 17, 2015

Companies are also recognizing they are no longer in direct competition with each other, but in a supply chain to supply chain based competition. To compete as an integrated supply chain, companies must better understand how to manage their relationships with their supply chain partners, whether they are suppliers or third-party logistics providers (3PLs). While this is an ideal set-up, in reality it is very hard, if not impossible, to achieve.

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Global How To Third Party Logistics Metrics 152

Talking Logistics

SEPTEMBER 22, 2015

Recently it seems that more and more organizations are recognizing that their supply chains are a key component to the organization’s success. From the increasing adoption of a chief supply chain officer at major organizations to discussions of legislative changes , the influence of the supply chain on competitive advantage is more recognized than ever. Not everyone has the necessary skills to be a successful supply chain design analyst.

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Supply Chain Austin How To Journal 202

Cerasis

FEBRUARY 27, 2017

Calculating the carbon footprint of a company’s comprehensive logistics framework is tremendously complex. Creating more sustainable logistics is even more important for the trucking industry. According to the American Trucking Association, in the USA trucks move 11 billion tons of freight each year; deliver 100 percent of all consumer products and 70 percent of all freight tonnage; and deliver to the 80 percent of U.S. Logistics

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Sustainability Logistics Packaging Lean 224

Turvo

MAY 29, 2020

Few events carry the notoriety of black swans, and the COVID-19 pandemic is the most unprecedented and disruptive event to affect supply chains in decades. Nothing comes close to the level of turmoil it has caused, and for supply chain leaders, the severe disruption, and changes to freight rates—not to mention limited capacity—contribute to more uncertainty. Everyone has access to some form of data, and every process generates more of it.

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Analytics Metrics Data Case Study 46

SupplyOn

NOVEMBER 19, 2019

automation and digital transformation, when it comes to invoicing, we still live in a mainly analogue, non-electronic, non-automated world. To gain a clearer picture on the real effects of e-invoicing, we conducted a scientific survey. The majority of the participants was handling invoice creation or processing in the accounting, procurement and logistics departments. Manual data transfer and media disruptions slow down the process and lead to an increasing number of errors.

Electronics 40

Electronics Survey Aerospace Asia 40

Material Handling & Logistics

DECEMBER 6, 2017

All companies need to employ a performance measurement system to organize and manage their supply chain metrics. The appropriate metrics to manage and measure the success of a company’s operation vary significantly by industry, by individual company, and by the scale of the business. What does not vary, however, is the universal need of all companies to employ a well-structured, hierarchical framework to organize and manage their metrics.

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Supply Chain Performance Metrics Distribution How To 65

LeanCor

AUGUST 26, 2013

Why is PDCA Important in Lean Logistics? In lean logistics (or any field), PDCA (Plan, Do, Check, Act) allows individuals and teams to thoughtfully review an operation for problems or opportunities, and experiment with ways to improve the situation. Most companies typically use metrics such as cost, quality, and delivery to track progress and assess improvements. Procedures: Standard work in lean logistics for how to report and correct problems and waste.

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Lean Logistics Policies Metrics 179

Veridian Solutions

FEBRUARY 25, 2019

A key issue that comes to the forefront of any discussion on handling e-commerce demand will always involve warehouse management system (WMS) or other supply chain system upgrades. System upgrades are a terrific way to enhance productivity, increase efficiency, and provide real benefits to workers and stakeholders. Unfortunately, merely implementing a WMS itself is not enough to truly maximize its value. Changing state of logistics.

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Omnichannel Third Party Logistics DC System 57

Logistics Bureau

AUGUST 16, 2017

When we compare different levels of sophistication and performance in supply chains, we can identify particular levels that we think are important to achieve, or that represent typical performance levels for supply chains as a whole. Suppose you wanted to be the fastest runner in the world, for example. The first thing you’d want to know is “what is the benchmark?” meaning “what speed do I have to beat to be the fastest?” How Can a Business Start Benchmarking?

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Benchmarking KPI Metrics How To 46

6 River Systems

JULY 15, 2020

According to the market research firm, Gartner , “Supply chain planning (SCP) is the forward-looking process of coordinating assets to optimize the delivery of goods, services and information from supplier to customer, balancing supply and demand.” In the 70s and 80s, companies like Walmart and Dell crushed their competition by gaining a competitive edge in supply chain and logistics. How a business handles quick market shifts will determine its longevity.

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Supply Chain Planning Report Metrics Analytics 40

Cerasis

DECEMBER 29, 2014

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.

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Logistics Reverse Logistics Automotive Metrics 254

Supply Chain Game Changer

NOVEMBER 17, 2018

Article originally published by, and permission to publish here provided by, Jake Rheude at [link]. From clothing to electronics to toiletries, you can find almost anything on Amazon. Wondering how you can get in on the action? All you need is a small monetary investment to get started and the knowledge of how to run a successful listing. The benefits of selling on Amazon range from access to millions of customers to the ease of their platform.

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Shipping How To Real Estate Metrics 50

Elementum

MAY 17, 2018

This is a follow-up piece to our previous post, 4 reasons for the supply chain talent shortage. It involves universities and corporations working together to provide the right education, understand how to evaluate performance, and change the public perception of what “supply chain” really means. Professor Richard Wilding spoke about a board game he developed with several companies, which focuses on educating young children about logistics and transportation.

Michigan 60

Michigan Education SCM Course 60

Logistics Bureau

MARCH 14, 2018

To say there is any one single way in which to manage a warehouse would be folly—much depends on the nature of the supply chain and of the warehouse itself. To help you keep on top of your warehouse management and ensure your storage facilities don’t generate undue supply chain costs, take note of the following eight common warehousing mistakes. 2: Failing to Optimize Picking Paths. 3: Clinging on to Paper Processes. 4: Lack of Attention to Housekeeping.

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Warehousing Training How To Lean 94

Talking Logistics

NOVEMBER 21, 2016

For a long time, C-level executives viewed supply chain management, especially the logistics function, as a cost center. Today, however, cost management is a given — it’s what every supply chain executive is expected to do. Therefore, how do you differentiate and make a larger impact on the organization? Take Amazon, for example, and how it leverages its Prime membership program as a competitive weapon. Who needs to be involved in the process?

Logistics 161

Logistics Supply Chain Execution Asia Education 161

Cerasis

NOVEMBER 12, 2015

We continue our series on strategic shipping by going into detail of the 10 main areas that shippers can turn to in order to have a strategic logistics and transportation management mindset. Today we will go into detail on using the available data created in the processing of shipments within transportation management and other related logistics management for continuous improvement. . Think about how your operation functions. Metrics and KPIs.

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Continuous Improvement Data Logistics Metrics 243

Cerasis

APRIL 5, 2017

With the added pressure to lower costs to end-users, your customers, it’s no surprise that the need for increased scrutiny and cost reductions among inbound logistics partners, your vendors, has gone rogue. Some cite a lack of visibility or lack of control for reasons to not manage inbound logistics, and while proponents of “increased visibility” argue more information begets more effective inbound logistics strategy, its meaning gets lost in the murky waters of the internet.

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Logistics Metrics Third Party Logistics Freight 160

Logistics Bureau

JULY 27, 2016

For many organisations, the reality of supplier performance management is that time and opportunity to track and react to dozens of complex KPIs simply doesn’t exist. Regardless of advances in business analytics therefore, I still advocate a measured approach to measurement (pun intended), by way of a carefully chosen handful of KPIs which are meaningful and actionable. Supplier Performance Metrics for Every Organisation. Other Supplier Performance Metrics.

Metrics 40

Metrics KPI Analytics Examples 40

Elementum

FEBRUARY 8, 2016

This is a follow-up piece to our previous post, 4 reasons for the supply chain talent shortage. It involves universities and corporations working together to provide the right education, understand how to evaluate performance, and change the public perception of what “supply chain” really means. Professor Richard Wilding spoke about a board game he developed with several companies, which focuses on educating young children about logistics and transportation.

Michigan 65

Michigan Education Course SCM 65