Remove Information Remove Inventory Remove Metrics Remove Transportation Management
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Omnichannel Supply Chain Metrics: What Should Supply Chain Leaders Measure?

GlobalTranz

The answer lies using these omnichannel supply chain metrics to carefully track and improve operations continuously. Inventory Accuracy. This is a simple key performance indicator (KPI), another name for metrics, to track. It refers to the in-stock or out-of-stock accuracy of supplier inventory. Vendor Fill Rate.

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

GlobalTranz

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. If cost reduction is not the only thing to measuring supply chain performance, that begs the questions: "Maybe we should be measuring other Supply Chain Management activities and what would they be?". Review Inventory turns and Return on Assets.

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10 Ways Effective Transportation Management Drives Competitive Advantage

GlobalTranz

Transportation management is no longer a tactical approach to simply moving freight and doing it at the lowest possible cost. 10 Tips to Remain Competitive and Have an Effective Transportation Management Strategy. 10 Tips to Remain Competitive and Have an Effective Transportation Management Strategy.

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How to Achieve the Perfect Delivery

Logistics Viewpoints

What is the Perfect Delivery Metric? Improving on this metric will always involve a focus on people and processes, but often also includes implementing new, more robust, supply chain applications. The wrong metrics drive suboptimal behaviors and metrics can often be manipulated.

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Seamless Integration for Legacy Retail Transportation Management System (TMS) for Logistics Success

Locus

In the fast-paced world of supply chain management, Transportation Management Systems (TMS) have become an indispensable tool for retailers seeking to optimize their transportation operations. This is what retailers thought. However, as time passed, new challenges surfaced. You can too, without replacing your TMS.

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Until AI Can Solve this One Simple Task, I Wouldn’t Worry About It

Logistics Viewpoints

However, AI’s inability to solve the very limited problem of ensuring that inventory is located in the right place in a warehouse suggests that planners don’t have to worry too much about job security. For fulfillment to be efficient, a warehouse needs the right inventory located in the right slots in a warehouse.

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Multiple Variable Standards: The Brains Behind Your Labor Management System (LMS)

Logistics Viewpoints

You were smart enough to invest in a tier one labor management system (LMS), but is your LMS smart enough to deliver the productivity you expected? Like any intelligent system, your LMS is only as smart as the quality of content you feed it and the ability to quantify that information. Inventory mix. Ad infinitum. Times of day.