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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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

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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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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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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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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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.

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.

KPI 97

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.

KPI 62

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

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.

KPI 40

Top 10 Tips to Effective IT Enablers in S&OP

Enchange Supply Chain Consultancy

FMCG KPI S&OP IT supply chain excellenceThe Enchange Supply Chain House ; the one-stop shop for all the elements you need to achieve supply chain excellence.

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Top 10 Tips for FMCG Intensive Care Recovery KPIs

Enchange Supply Chain Consultancy

FMCG Dave Jordan KPI Supply Chain House supply chain excellenceThe Enchange Supply Chain House ; the one-stop shop for all of the elements you need to achieve supply chain excellence.

KPI 130

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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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 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.

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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.

KPI 52

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

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

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.

How to Select the Right KPIs for Supply Chain Benchmarking

Logistics Bureau

But perhaps surprisingly, in our work, we come across a substantial number of businesses that struggle with KPI selection and use. If yours is not one of those businesses, and you’re confident in your KPI suite and the relevance of the data it provides, congratulations!

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!

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.

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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.

KPI 40

February 2022: Drive Operational Efficiency and Boost Operational Excellence

The Smart Software

PR demand demand forecast demand modeling demand planning Intermittent intermittent demand inventory optimization irregular demand kpi lead time overstocking raw materials sales pattern software supply chain analytics

KPI 52

January 2022: Maximize service levels and minimize inventory costs

The Smart Software

PR demand demand forecast demand modeling demand planning Intermittent intermittent demand inventory optimization irregular demand kpi lead time overstocking raw materials sales pattern software supply chain analytics

The Right KPIs to Use

Logistics Bureau

KPI Key Performance Indicators in Supply Chain & Logistics. Performance Measurement - KPIs Videos key performance indicator Key Performance Indicators KPI supply chain KPIs

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.

Top 6 Supply Chain KPIs: Keep Your Dashboards Simple

Logistics Bureau

The components of the perfect order KPI are as follows: On-time delivery: A calculation of the percentage of sales orders that arrive on time. Damage-free delivery: This measurement is sometimes incorporated into the in full KPI, but can just also be a stand-alone metric.

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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