GlobalTranz

JANUARY 4, 2017

When it comes to the logistics industry, whether it's transportation management contracts or warehouse contracts, there are a million moving parts, and as many questions. Customer metrics. Use the Warehouse/3PL Transportation Management System (TMS) to optimize lanes and routes to save 15% + cost Reduction.

Modeling 194

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 194

GlobalTranz

JUNE 1, 2018

Performance metrics can be used to provide real-time feedback, which helps keep employees motived and focused on continuous improvement. Greater accountability into inventory reduces the risk of theft, which is estimated to cost the industry up to $80 billion each year. Improving network-wide inventory visibility.

Supply Chain Design Software 184

Supply Chain Design Software Supply Chain Planning Software Optimization Software Forecasting Software 184

Unleashed

AUGUST 20, 2023

Lead time includes both the time it takes to complete the standard process tasks and any delays that might occur due to various factors, such as supply chain disruptions, machine downtime, or unexpected quality issues. It’s a valuable metric for identifying bottlenecks, improving efficiency, and optimising specific operational steps.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

3rdwave

NOVEMBER 8, 2018

In today’s turbulent trading environment, strong global transportation management capabilities deliver exceptional benefits and value. In 2014, a Supply Chain Council survey found that managing global supply chain complexity was among the top 5 major issues. A very recent survey of U.S.

Supply Chain Design Software 41

Supply Chain Design Software Global Transportation Supply Chain Planning Software Optimization Software 41

GlobalTranz

APRIL 5, 2017

Vendors need access to stringent, high-quality instructions for how to bring shipments to you. A Peerless Research Group (PRG) report indicated that up to 44 percent of supply chain entities do not actively have plans in pursuing or using a transportation management system (TMS), such as the Cerasis Rater.

Vendor Strategies 123

Vendor Strategies Cost Reduction Strategies Inventory Reduction Logistics 123

Logistics Viewpoints

OCTOBER 25, 2021

Longbow Advantage’s main business has been doing warehouse management system (WMS) implementations. Here “near real-time” is defined as a refresh of key metrics every five minutes. A few years ago, Longbow’s customers started to ask them to fix a problem they were having with their warehouse management systems.

Real-time Visibility 173

Real-time Visibility Analytics Software Supply Chain Planning Software Demand Planning Software 173

ThroughPut

MAY 3, 2024

Business Use Cases of the Best Logistics Management Software 1. Ambiguity in Inventory Visibility, Tracking and Management The Challenge For a manufacturer, inventory acts as a foundation for a successful and efficient supply chain. Manufacturers benefit with more flexibility in managing ad hoc requirements as well.

Procurement Solutions 52

Procurement Solutions Logistics Network Optimization Software Supply Chain Planning Software Prescriptive Analytics Software 52

ThroughPut

DECEMBER 6, 2023

Businesses can access historical data, market trends, and other external factors and, by plugging in predictive analytics, gain invaluable insights that streamline inventory management, demand forecasting, transportation planning, risk mitigation, and overall decision-making processes.

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

The Logistics of Logistics

OCTOBER 8, 2012

Some KPIs (to be stated in percentages or numbers) that should be part of your SLA are:Customer Service, Inventory Integrity via Cycle Counting, Continuos Improvement (using LEAN initiatives, Process Improvements, etc), Shipment time from the 3PL to your customers, VOC (Voice of the Customer) feedback to insure that your customers are happy with the (..)

Third Party Logistics 145

Third Party Logistics Negotiating Skills Purchasing Skills KPI 145

SCMDOJO

JULY 24, 2023

Contract logistics is a specialized service offered by third-party logistics (3PL) providers to manage supply chain operations on behalf of a company. It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider.

Logistics Network Optimization Software 91

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 91

GlobalTranz

OCTOBER 19, 2017

As a result, the warehouse can reduce the amount of inventory necessary if similar inventory control can be achieved closer to consumers. Consumers are only going to demand faster and faster delivery options with the growing realm of e-commerce , and your distribution centers need to focus on strategy and quality.

Optimization Software 137

Optimization Software Inventory Reduction Cost Reduction Strategies Material Savings 137

GlobalTranz

OCTOBER 21, 2015

For example: Inventory Record Accuracy has to be 98-100% accurate daily. All KPIS have metrics to measure. Effective KPI Management Requires Periodic SLA/KPI Review. The Transportation Management System (TMS) of the 3PL can gain rewards for both parties as well through freight optimization.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

GlobalTranz

JUNE 8, 2017

The ability to administer your cloud supply chain in the real time makes your order processing, warehousing, inventory management, transportation and overall pricing more scalable and thus cheaper. A Better Quality Evaluation. The quality breaches can be found within short. A Better Cost Mainframe.

Logistics Network Optimization Software 200

Logistics Network Optimization Software Resource Reduction Cost Reduction Strategies Modeling Software 200

GlobalTranz

NOVEMBER 19, 2015

Today we continue our long series and look at teaching shippers how to remain strategic when it comes to logistics and their transportation management program. Strategic Logistics: 8 Steps to Controlling Inventory Flow & Driving Warehouse Efficiency. The Use of Data to Create a Successful Transportation Management Program.

Transportation Management 120

Transportation Management Transportation Sourcing Strategies Data 120

GlobalTranz

MARCH 23, 2016

The focus is to eliminate all wastes in the organization, improve processes, solve root cause problems, create a pull environment, and ensure that Lean Six Sigma (LSS) works for quality and daily problem solving using DMAIC (Define, Measure, Analyze, Improve, and Control) and PDCA (Plan, Do, Check, and Act). Why are we doing this?

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

GlobalTranz

AUGUST 4, 2015

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. In today's post, we share 5 Golden Manufacturing Metrics that all manufacturing companies should understand to improve plant operations quality.

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 120

3PL Insights

OCTOBER 6, 2017

A good 3PL will not only increase quality and reduce mistakes, but will also create an opportunity to review and simplify your supply chain processes. Shipping and handling quality is improved when using a 3PL. Your 3PL should provide you with metrics that show how quality is improving over the life of the relationship.

3PL 58

3PL Material Savings Resource Reduction Expense Reduction 58

ShipBob

DECEMBER 23, 2021

Every step of the fulfillment process — including warehouse operations, inventory planning and tracking, quality control, staffing, procedural development, picking, packaging, and shipping — falls under the purview of this role. 5+ years of industry experience in fulfillment, supply chain operations, or warehouse management.

Supply Chain Planning Software 52

Supply Chain Planning Software Negotiating Skills Optimization Software Logistics Network Optimization Software 52

Arkieva

JANUARY 20, 2017

Are you using lean in your logistics and transportation management? The transportation company’s culture and behavior should change to apply Lean thinking. The need to transport parts also drives inventory up, creates a need for space to store those parts, and uses energy for more forklift time and warehouse heating.

Optimal Sourcing 60

Optimal Sourcing Waste Reduction Agile and Lean Supply Chain Inventory Reduction 60

GlobalTranz

MARCH 7, 2016

As explained by Bruce Tompkins , improving the supply chain includes improving service levels through better inventory management, reducing operating costs, reducing order-cycle time, achieving 100-percent accuracy, improving supply chain security and control, and improving flexibility.

Procurement Analytics 120

Procurement Analytics Analytics Software Analytics Supply Chain Planning Software 120

Talking Logistics

MARCH 28, 2017

This, in turn, degrades the quality and potential insight that the data will be able to provide. Leverage sensor technology and stop wasting time, fuel, labor, and product quality. This, in turn, saves a lot of wasted time, fuel, and product quality (i.e., Utilize automated technologies to locate and track inventory.

Supply Chain Software 0

Supply Chain Software Logistics Network Optimization Software Demand Planning Software Procurement Solutions 0

Supply Chain Shaman

MAY 13, 2015

I knew nothing about the world of logistics, inventory management and order optimization. Warehouse Management and Transportation Management were in their infancy. The projects explore the alternatives for risk management, tax efficiency, social responsibility, and the complexities of outsourcing.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Agile and Lean Supply Chain 150

ShipBob

OCTOBER 1, 2021

Reduce inventory waste. In bloated supply chains, excess inventory (or worse, deadstock ) takes up valuable storage space that could be used for other products, and costs merchants more in rent or holding costs the longer it sits unsold. 6 tips for lean supply chain management.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

IQMS

OCTOBER 18, 2019

Key factors influencing inventory levels, supplier quality, demand forecasting, procure-to-pay, order-to-cash, production planning, transportation management and more are becoming known for the first time. New knowledge and insights from machine learning are revolutionizing supply chain management as a result.

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 73

FourKites

JANUARY 7, 2021

A few universal characteristics of the agile supply chain model include: Accurate Information: The mantra of agile supply chain management is “You can’t control what you can’t see.” Understand their challenges and collaborate with them to achieve mutual goals and success metrics. How to Create an Agile Supply Chain Model.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software Modeling 52

RFgen

FEBRUARY 15, 2023

Strategy is a critical aspect of supply chain management. Its execution directly impacts cost, quality, and the delivery of goods and services. By managing processes like planning, sourcing, production, and delivery, companies can reduce costs, safeguard against undue risk, and pivot quickly when faced with the unexpected.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Waste Reduction 52

Intelligent Audit

NOVEMBER 3, 2022

You gain increased interoperability and visibility into data by integrating your transportation management system (TMS) with other logistics and shipping systems like the warehouse and order management system. It’s possible to include store capacity and inventory restrictions to best leverage stores as ship-from points.

Network Optimization 52

Network Optimization Supply Chain Network Software Optimization Software Modeling 52

GlobalTranz

OCTOBER 27, 2015

Let's talk about the outputs, or desired metrics worth measuring, in each category of what a logistics company might provide. Cerasis is squarely focused on transportation management through technology and managed services , however, there are logistics companies who offer fulfillment, warehousing, freight forwarding, and more.

Six Sigma 120

Six Sigma Logistics Network Optimization Software KPI Company 120

Kanban Logistics

FEBRUARY 27, 2020

It’s home base for sophisticated eCommerce operations, high-velocity retail distribution, vendor managed inventory, and a variety of other services. Multi – channel capabilities : The WMS can manage inventory and orders related to both B2B and B2C simultaneously. Vendor-managed inventory (VMI).

Warehousing 52

Warehousing 3PL Negotiating Skills Logistics Network Optimization Software 52

Intelligent Audit

FEBRUARY 3, 2022

Understand data-driven metrics and KPIs within the freight bill auditing services ’ software. Freight carrier auditing should be an important part of any transportation management system, and it also plays a role in compliance. A Caveat: 3PL Partnerships Increase Need for High-Quality Auditing Software and Expert Guidance.

Freight 52

Freight Material Savings Resource Reduction Cost Reduction Strategies 52

Supply Chain Game Changer

NOVEMBER 11, 2018

Obviously, shippers cannot track what consumers use their personal devices for all the time, but they can use metrics and Big Data to track what consumers are doing on their respective e-commerce sites. Performance measurement goes back to cutting costs wherever possible, without sacrificing quality or service. Be Consumer-Centric.

Inventory Reduction 43

Inventory Reduction Cost Reduction Strategies Supply Chain Strategy Strategy 43

3PL Insights

JANUARY 19, 2023

Our quality team worked hard to ensure that all of our facilities, including our new spaces, are ISO 2015:9001 certified. Our transportation department is in the process of transitioning to a new state-of-the-art transportation management system (TMS). Our hard work is paying off.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Real Estate Detroit Warehousing 98

Material Handling & Logistics

NOVEMBER 13, 2017

Changes in demand, late shipments, quality issues, point of sale, weather patterns, production schedules and projected inventory positions are just some of the myriad of things you want to be able to see so you can make better and more informed decisions as a supply chain executive. Of course that’s what you want. We all want it.

Supply Chain Planning Software 54

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 54

Logistics Bureau

AUGUST 27, 2018

Essentially, gamification is just an expansion of the use of metrics and KPIs to measure human performance. If you wish, you can implement gamification in inventory management and warehousing, transport management or even into the cabs of trucks if you run a commercial-vehicle fleet. Inventory counting.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Supply Chain Design Software Logistics Inventory Management Software 40

GlobalTranz

JANUARY 5, 2017

If there are late deliveries, poor quality, etc., Reducing transportation costs by using the optimization of lanes and routes in the transportation management system (TMS). This leads to cumbersome management and how can this be rectified to a structured, centralized governance? 3PL Answer 1. KPIs Question 2.

Modeling 165

Modeling Warehousing Cost Reduction Strategies Price Reduction 165

Logistics Viewpoints

NOVEMBER 3, 2022

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.

Supply Chain Design Software 212

Supply Chain Design Software Optimization Software System Logistics Network Optimization Software 212

ThroughPut

MAY 26, 2020

A Warehouse Management Software (WMS) is one that helps plan, control, and manage the day-to-day manufacturing operations in a warehouse along with the guidance of inventory movement, optimizing order picking, and shipping of customer orders. The WMS guides the overall order and inventory replenishment on the factory floor.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Optimization Software Modeling Software 52