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

Cerasis

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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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. So if these companies use forecast accuracy as their KPI to measure service level, they’re setting themselves up to fail.

KPI 120

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

Cerasis

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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7 Strategic Performance Business Practices with 3PL KPIs and 4 KPI Problems to Solve

Cerasis

We began our series first writing about the 9 key broad and somewhat soft topics to understand in effective KPI Management. Frequent 3PL KPIs reviews will detail performance appraisal of each KPI set by the 3PL and shipper/customer. Scorecard analysis, % to all goals, and critical path: “What KPI is holding us back from overall success? KPIs are reviewed to ensure the IT SLA/KPI is effective for both parties. KPI Program Positive Reinforcement.

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

Cerasis

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

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

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.

KPI 40

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

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?

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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.

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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 planningDelivery man carrying cardboard boxes and loading them in a mini van. In my previous blog post , I talked about the factors that make last mile logistics one of the most complex and expensive parts of the supply chain.

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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

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.

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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?

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.

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. The industry is looking at current developments with great concern as important customer sectors have already begun to stop or significantly reduce production.

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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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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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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Supply Chain Performance: Budget Airlines and KPIs……

Enchange Supply Chain Consultancy

FMCG Dave Jordan Humour Performance Improvement Pharma KPI Supply Chain Supply Chain AnalyticsI have never been a fan of budget airlines and certainly not since one left me sleeping overnight in the back of beyond that is Luton Airport. That may be an exciting addition to a student’s back-pack holiday itinerary but when you have a glass back it is not so appealing.

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.

KPI 33

Global FMCG Supply Chain Transformed by Analytics

Enchange Supply Chain Consultancy

Customer service FMCG KPI Supply Chain Inventory Management & Stock Control Supply Chain AnalyticsThe Challenge A leading global FMCG company undertook an aggressive supply chain improvement programme across 150 markets. The objective was 100% alignment of worldwide operational activities with company strategy and objectives. Not an insignificant task!

FMCG Supply Chain Scorecard Performance Measurement: Del-Boy Style.

Enchange Supply Chain Consultancy

This is how the Trotters Independent Traders KPI Balanced Scorecard might look. FMCG Dave Jordan Humour Performance Improvement KPI Supply ChainIn a related post I took a look at the use of Balanced Scorecards in FMCG, Brewing and Pharmaceutical businesses but in fact they are entirely appropriate for any business. Whatever your business size or offering you will benefit from knowing exactly what is going on and where you need to improve.

Supply Chain: Communication teases out scorecard improvement

Enchange Supply Chain Consultancy

FMCG Performance Improvement KPI CommunicationWhen I used to spend far too much of my life flying around the globe I did my best to avoid cabin chat with fellow passengers. That may sound a bit miserable but I just needed some sleep before arriving at the next FMCG supply chain challenge.

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Sales & Operations Planning (S&OP) KPI Scorecard Improvement

Enchange Supply Chain Consultancy

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Your Supply Chain Strategy & Best KPIs

Logistics Bureau

The topic I discussed from the recent seminar, 33 Sins, is supply chain strategy and KPI and how these things should link together.

FMCG Turn-around Intensive Care Recovery KPIs

Enchange Supply Chain Consultancy

FMCG KPI Supply Chain Cost Reduction Inventory Management & Stock Control balanced scorecard RecoveryOn 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 if you are a bit of a girly. What else? Haircut and manicure perhaps oh, and possibly a check that your weight has not dropped that desired 10% overnight.

KPI 109

Quantum Inventory Theory?

The Smart Software

Blog Demand Planning Inventory Optimization Operational Analytics demand planning implementations efficient stocking ERP forecasting software inventory modeling inventory optimization kpi metrics overstock probabilistic modeling statistical forecasting supply chain analyticsPhysics at the quantum level is quite weird – not at all like what we experience in our usual macroscopic life. Among the oddities are “superposition”, “entanglement”, and “quantum foam.”

Stop Leaking Money with Manual Inventory Controls

The Smart Software

Blog Business Policy Demand Planning Excellence in Forecasting Inventory Optimization Operational Analytics demand planning implementations ERP inventory modeling inventory optimization kpi metrics probabilistic modeling statistical forecasting supply chain analyticsAn inventory professional who is responsible for 10,000 items has 10,000 things to stress over every day. Double that for someone responsible for 20,000 items.