SupplyPike
APRIL 7, 2020
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. OTIF Compliance Issues: On Time.
Supply Chain Shaman
NOVEMBER 21, 2023
My client attempted to have a supply chain discussion to improve flow, and his executive group just did not get it. I was promoted to run the warehouse, and at the time, I had no experience in distribution, but was asked to run the largest distribution center in the system. The metrics were not aligned. Yes, I am that old.)
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Talking Logistics
MARCH 19, 2019
While we live in an age where same-day delivery and free shipping have become customer expectations, we also live in an age where dimensional weighting and quarterly accessorial increases have become a reality from the carrier. But imagine if you had the ability to catch such errors in real-time! Enter proactive analytics.
Logistics Viewpoints
JUNE 19, 2023
These same pundits also predict that AI could lead to increases in global GDP by trillions of dollars in the same time frame. A true WMS is a real-time system. A real-time WMS can achieve inventory accuracy of 99.9% For fulfillment to be efficient, a warehouse needs the right inventory located in the right slots in a warehouse.
GlobalTranz
APRIL 25, 2016
3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. Isn’t time important? Shouldn’t time, both international and domestic, be measured? Absolutely time is a critical component of measuring supply chain performance. What kinds of "time" measurements exist? We just can’t forget cost reduction.
Supply Chain Collaborator
NOVEMBER 16, 2017
The bellwether metric – spot rates – are pegging the meter. In a feature that could have just as easily been published in the Supply Chain Collaborator blog, FSA mag highlights the value of what they refer to as “Scheduled Transportation Planning”. The module also records time stamped pickup and delivery confirmations.
QAD
JULY 1, 2021
Total manufacturing costs showcase how much your company spent to produce its inventory in a given period of time. This is not to be confused with the cost of goods manufactured (COGM), which refers to just the cost of inventory that was finished and prepared for the sale in the period. What are Direct Materials?
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