KPI Supply Chain: Parcel Metrics to Track and Boost Peak Season Value

GlobalTranz

Carving a successful footprint and managing to boost Peak season value involves the direct application of KPI supply chain best practices. The post KPI Supply Chain: Parcel Metrics to Track and Boost Peak Season Value appeared first on Transportation Management Company | Cerasis.

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Picking the Right Supply Chain KPI

Logistics Bureau

KPI or Key Performance Indicator can be defined as a practical and objective measurement of progress, either: Towards a predetermined goal, or. KPI Key Performance Indicators in Supply Chain & Logistics.

KPI 99
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Service Level Should Be Your Number One Supply Chain KPI…But What Does It Really Mean?

ToolsGroup

Most use ‘forecast accuracy’ as the main KPI to do this. Therefore it follows logically that filling orders–or order line fill rate (OLFR)–should be the number one KPI that tells you whether you’re meeting service levels.

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9 Key Topics to Understand to Frame A Shipper’s Mind for Effective KPI Management with a 3PL

GlobalTranz

This is the first post in an ongoing series on effective KPI management from third party logistics consultant, Chuck Intrieri, of The Lean Supply Chain. . It can take months to negotiate a complex SLA/KPI document, as you go back and forth with your logistics provider so the document becomes a “win-win” for both parties. 9 Key Topics to Understand to Frame A Shipper's Mind for Effective KPI Management. Effective KPI Management Requires Periodic SLA/KPI Review.

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The Best KPI: The Probability of a Perfect Order

Logistics Bureau

Delivered in full & on time (DIFOT) is a very important key performance indicator (KPI) but most people measure it the wrong way and that’s why I am going to explain what I think is the best measure. Can you see why I absolutely love this KPI?

KPI 62

Tracking the Supply Chain KPI’s That Matter

Industry Star

The post Tracking the Supply Chain KPI’s That Matter appeared first on IndustryStar Solutions. Are your current KPIs legacies from the past? Do your current KPIs enable your company goals? We need to be purposeful with the KPIs we choose to track and prioritize.

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KPI Key Performance Indicators in Supply Chain & Logistics

Logistics Bureau

I’ve literally seen KPI “packs” the size of phone books, and even KPI sets circulated as a monthly magazine… that no one reads. Supply Chain KPI Tips. Supply Chain KPI. What’s a KPI, Anyway? KPI stands for Key Performance Indicator, and can be defined as a practical and objective measurement of progress, either: Towards a predetermined goal, or. You will use a KPI in the same way as your car’s speedometer.

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Logistics KPIs Case Study: Whirlpool’s Supply Chain and Logistics Success Driven by Effective KPI Implementation

GlobalTranz

We conclude our ongoing series in talking about effective KPI management by giving you a real live Logistics KPIs management case study from Whirlpool's engagement with a logistics service level provider. We started the series first by " 9 Key Topics to Understand to Frame A Shipper’s Mind for Effective KPI Management with a 3PL." Also monitored were Whirlpool supplier SLA/KPI agreements.

Driving KPI Excellence with the Americold Operating System

Americold

Last month we detailed the Americold Operating System (AOS) – our unique business ecosystem – and the operational rigor it promotes among and between Americold’s network of integrated temperature-controlled warehouses. Read more here. This month, we’re looking at how the consistency this ecosystem delivers translates into dependable uniformity for our customers, as well as saved time and money. We’ll also explore AOS innovation and its benefits.

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FMCG Supply Chain: KPI Scorecards - Don’t look back in anger

Enchange Supply Chain Consultancy

FMCG Performance Improvement KPI S&OP IBPFor a change, UK has been my base for a few weeks and even in that short time I have started to genuinely think I must now be a different nationality if not from a different planet. When my denim jeans rip at the knees it is time to throw them out. I do not have a badly drawn and inappropriately placed tattoo. Nothing on me is pierced and decorated with metal, precious or otherwise.

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Change Supply Chain KPI’s to Drive Competitive Advantage

Logility

As companies mature and become more demand driven I think the nature of the departmental KPI will change. I came up with the following maturity curve steps in the evolution of our friend the KPI and I welcome your feedback as to whether this is a useful framework or not (Email me at blog@logility.com ). Use KPI’s as a key part of moving to a ‘demand driven’ process.

KPI 116

Change Supply Chain KPI’s to Drive Competitive Advantage

Logility

As companies mature and become more demand driven I think the nature of the departmental KPI will change. I came up with the following maturity curve steps in the evolution of our friend the KPI and I welcome your feedback as to whether this is a useful framework or not (Email me at blog@logility.com ). Use KPI’s as a key part of moving to a ‘demand driven’ process.

KPI 100

How to Combine Diverse Supply Chain Metrics

Arkieva

Supply Chain Supply Chain Metrics supply chain kpi supply chain kpi dashboard supply chain kpi scorecard supply chain metrics supply chain metrics that matter supply chain performance metrics supply chain ratios

The Best LTL KPI for Measuring Cost

The Logistics of Logistics

The best LTL KPI for measuring cost performance is cost per pound. The less than truckload (LTL) cost per pound KPI is easy to calculate (see below). LTL KPI – Cost per Pound Calculation. To calculate the cost per pound KPI, take the cost of the shipment and divide it by the shipment weight (pounds). The KPI gives the shipper an objective measure to compare freight rates, different weights, freight class, carriers and shipping locations.

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An Introduction to Some Supply Chain KPI Fundamentals

Logistics Bureau

What is a KPI? What is a KPI? Can you explain what a KPI is? Take the notion of a KPI or key performance indicator, for example. Some KPI Examples. We might also use a KPI to track adherence to cost standards within manufacturing; for example, to see how effective a yield we get from a fixed number of man-hours or a fixed amount of material. DIFOT (delivery in full and on time) is a typical example of a supply chain customer service KPI.

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The Best LTL KPI for Measuring Freight Damage

The Logistics of Logistics

The best LTL KPI for measuring damaged shipments is simply the percentage of damage free shipments delivered. To minimize freight damage, begin measuring it with the damage free shipments KPI. LTL KPI – Damage Free Shipments. To calculate the damage free shipments KPI, simply divide the number of damage free shipments by the total number of shipments. Insights from Damage Free Shipment KPI. The higher chance for freight damage drives the need for this LTL KPI.

KPI 100

Top 16 Procurement KPI – The Ultimate Guide

SCMDOJO

The post Top 16 Procurement KPI – The Ultimate Guide appeared first on SCMDOJO. Nowadays, no one could deny that, businesses today expect procurement teams to drive value beyond cost savings.

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The Best LTL KPI for Measuring On Time Performance

The Logistics of Logistics

The best LTL KPI for measuring on time performance is simply the percentage of on time shipments. LTL KPI – On Time Performance Calculation. To calculate the on time performance KPI, simply divide the number of on time shipments by the total number of shipments. Insights from On Time Performance KPI. The on time performance KPI will flag the late deliveries. Does your company use the KPI described above?

KPI 100

FMCG Supply Chain Language - what do we really mean?

Enchange Supply Chain Consultancy

Dave Jordan Humour KPI Supply ChainIf you are being honest you have probably sat bored in an airport lounge waiting for your inevitably delayed flight and listened in on a nearby conversation. Go on, admit it!

Managing a Third Party Logistics Partnership

The Logistics of Logistics

This SLA/KPI has to be negotiated and agreed upon by you and your 3PL partner.This negotiation time can take three (3) to Six (6) months. You should also have a Modification Clause wherein you can modify the SLA/KPI/ Contract and Prices in 30-60-90 days. When you have chosen a 3PL partner, insure that you have an effective Service Level Agreement (SLA) with accompanying Key Performance Indicators (KPIs) to manage the Service Level of the 3PL.

The Best LTL KPI for Measuring Billing Accuracy

The Logistics of Logistics

The best LTL KPI for measuring billing accuracy is simply the percentage of accurate bills. Regardless of who does the freight bill auditing, shippers should measure billing accuracy with the LTL KPI described in this article. LTL KPI – Calculating Billing Accuracy. Insights from Billing Accuracy KPI. The post The Best LTL KPI for Measuring Billing Accuracy appeared first on The Logistics of Logistics.

KPI 100

Supply Chains: Do you use data or information?

Enchange Supply Chain Consultancy

FMCG Dave Jordan Performance Improvement KPI Supply Chain S&OPWho coined that irritating term “Big Data”? How did we get there without normal sized data, slightly larger data, chubby data and bordering on big data?

How to Increase the Value of Your Last Mile Planning

DELMIA Quintiq

KPI-specific planning The quality of the generated plan is measured against various company-specific KPIs, ensuring adherence to the most significant business goals. Logistics Manufacturing Planning delivery window KPI logistics planning

Top Ten COVID Intensive Care Recovery KPIs

Enchange Supply Chain Consultancy

Dave Jordan KPI Supply Chain Forecasting & Demand Planning Cost ReductionOn a daily basis the amount of care we give to the human body is remarkably little. When you are feeling in good shape, the best the body can hope for is a good wash, a brush of the teeth and a slap of moisturiser.

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Extended Supply Chain - What do all those initials really mean?

Enchange Supply Chain Consultancy

SKU FMCG Route to Market Dave Jordan KPI Traditional Trade S&OP Logistics Management DistributionIs it just me or does FMCG life seems to be increasingly full of initials? New examples seem to pop up on a weekly basis with COVID-19 being top of mind currently.

S&OP 130

Get rid of the KPI ‘Mille-Feuille’ by getting it right!

SupplyOn

You know better than anyone else in your organization where you stand regarding the KPI Mille-Feuille. The post Get rid of the KPI ‘Mille-Feuille’ by getting it right! 1.000 layers may be very delicious within a pastry. But when it comes to KPIs, this easily leads to data confusion rather than data enlightenment Those who have already tasted Mille-Feuille, a tasty French dessert, know how delicious this pastry can be.

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How Steel Manufacturers Can Thrive in a Changing Environment

DELMIA Quintiq

Industrial Equipment Industry Standards Manufacturing Calculations KPI Based planning steel steelmakingThe metals industry has always been competitive and difficult, but the recent COVID-19 crisis has made the business climate even more challenging.

MIssion Critical KPI’s: How to Keep a TMS Implementation on Track

Logistics Viewpoints

We determined that the providers must use a set of criteria and KPI’s to make sure that the project stays on time and on budget. […]. I have been conducting a lot of research around TMS applications recently, and my colleague Steve Banker and I began to discuss how TMS providers keep their implementations on track. Just for Fun Transportation Management Systems

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Service Level Agreement Defined

The Logistics of Logistics

Sometimes, the Logistics provider has their own SLA/KPI that they want to use with any customer, but negotiation is still in order. Some Logistics providers use time/percentages to implement the SLA/KPI based on the customer’s volume. An SLA/KPI is typically used when there is a Logistics provider contract to co-sign. How do you write an SLA/KPI? What sections are typically in an SLA/KPI?

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Logistics Key Process Indicators (KPIs)

The Logistics of Logistics

A KPI is an indicator (a metric) that you have chosen, and agreed with your partners and or customers, that will determine whether you are meeting your critical success factors. Check out another great KPI definition at About.com. I sometimes use the terms KPI and metrics interchangeably, but they are not the same. A Key Performance Indicator (KPI) is a metric that you have chosen that will give an indication of your performance and can be used as a driver for improvement.

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In Search of the Dashboard You Deserve

Arkieva

Demand Planning Forecasting accuracy kpi dashboard planning demand planning kpi dashboard variability variety velocity volumeMost software packages show current views of current forecasts, sales, production, and inventory.

FMCG & Pharma: Top 10 Tips for a Tip Top Supply Chain

Enchange Supply Chain Consultancy

FMCG Route to Market Logistics Service Provider Dave Jordan CEO Performance Improvement Pharma KPI Traditional Trade S&OP Cost ReductionOnly a few months into the year and I am hearing the same old complaints about the economy and business being in general ill health. However, there is a new recurring theme which popped up at various parties and gatherings over Easter; “my company doesn't seem to do anything different and just hopes business will improve”. Not going to happen, no way!

S&OP 116

SC and Sales senior team squabbles: Always bad for business

Enchange Supply Chain Consultancy

Dave Jordan CEO KPI Supply Chain SalesAnother sign of getting old I guess. When was the last time you watched a football match when no tattoos were on show and the haircuts did not look like something out of the Time Warp musical? As I write England is still involved yet we are all waiting for the inevitable elimination on penalties. At least it won’t be to Germany this time – what rotten bad luck boys!

The 7 Habits of Highly Effective 3PLs

The Logistics of Logistics

A KPI is an indicator (a metric) that you have chosen, and agreed with your partners and or customers, that will determine whether you are meeting your critical success factors. Logistics Key Process Indicators (KPI). Highly effective 3PLs have developed the right habits, culture and processes to deliver excellent service to their clients. Innovation and new technology are obviously important, but when evaluating a 3PL, go with the one that excels at blocking and tackling.

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What's your KPI?

Infosys Supply Chain Management

Give personal bias a rest: Devising a KPI is a challenging affair, overcoming bias adds to the challenge. Be latest, context driven and improve continuously: A must thing I must say, gives you a chance to introspect and evaluate, something which is critical factor in success of any KPI. A continuous improvement plan will not only ensure the validity of the KPI in the changing business context but will ensure sustainable and credible model to follow.

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