SCMDOJO

MARCH 19, 2024

In today’s fast-paced business landscape, having an efficient supply chain department is more important than ever. A streamlined supply chain can make a significant impact on the overall success of a business, improving operational efficiency, increasing customer satisfaction, and driving revenue growth.

Optimal Sourcing 79

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 79

GlobalTranz

APRIL 25, 2016

The average Supply Chain management professional measures their Supply Chain by reviewing cost reduction. Is cost reduction all that there is in measuring Supply Chain performance? 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. Isn’t time important?

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Talking Logistics

SEPTEMBER 12, 2017

The four key methods here will help you drive more success as you bring the metrics to life on your warehouse floor: 1. Show the “story” of your metrics with quarterly and yearly growth charts; show how far you’ve come as a team over time. As a leader, you need many tools to eliminate this mindset.

Metrics 106

Metrics Supply Chain Planning Software Supply Chain Software Supply Chain Planning 106

GlobalTranz

OCTOBER 21, 2015

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. . How does an SLA work with Key Performance Indicators (KPIs)? Many logistics service providers will provide their customers with an SLA. Collaboration.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Logistics Bureau

AUGUST 2, 2021

Whether you’re planning to benchmark your supply chain or simply trying to improve how you measure its performance, it makes sense to know a little about the most commonly used KPIs for each supply chain component. 7 Procurement KPIs You Should be Using. 7 Procurement KPIs You Should be Using.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

Logistics Bureau

OCTOBER 20, 2021

The Supply Chain Manager’s Multi-function Display. By now, you are probably wondering what airliners have to do with supply chain KPIs. You see, the set of primary data needed to keep an airliner aloft is (apparently) relatively simple—and the same is true of running a supply chain organisation.

Supply Chain Design Software 79

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 79

Supply Chain Game Changer

JULY 21, 2021

Subscribe to Supply Chain Game Changer. Product Management KPIs! Supply Chain KPIs article and permission to publish here provided by Harkirat Ahluwalia. KPI’s are not solely limited to supply chain, but are used in various different fields to measure how well a company is meeting its objectives.

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

Logistics Bureau

NOVEMBER 8, 2021

Well, not just for benchmarking, but also for maximum visibility of your supply chain and logistics performance. But perhaps surprisingly, in our work, we come across a substantial number of businesses that struggle with KPI selection and use. What Makes a “Right” KPI? How hard can that be?” I hear you ask.

Benchmarking 67

Benchmarking KPI Supply Chain Strategy Supply Chain Software 67

Talking Logistics

AUGUST 5, 2013

Companies spend a lot of time and energy measuring operational metrics, the “what” of supply chain performance, but they generally fail to measure the “how” aspects of performance –i.e., the interpersonal skills of employees that also play a critical role. In this episode, Tracy Maylett , Ed.D,

Metrics 148

Metrics KPI Case Study Supply Chain Performance 148

Logistics Bureau

OCTOBER 9, 2017

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. You’ll hear a lot in different organisations about KPIs, but that doesn’t mean they are always used effectively. As the name indicates, KPIs concern “key” areas of the business.

KPI 40

KPI Supply Chain Planning Supply Chain Metrics 40

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Manufacturers and distributors experienced huge supply chain disruptions due to the pandemic which exposed many vulnerabilities and tested the resilience of supply chain leaders globally. In fact, SYSPRO research revealed that 60% of businesses were impacted by supply chain disruptions during the pandemic.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

Logistics Bureau

AUGUST 23, 2022

Which Supply Chain KPIs? How many Supply Chain KPIs? Here are 5 key tips for your KPIs. Related articles on this topic have appeared throughout our website, check them out: 3 Practical Metrics for Supplier Performance Evaluation. KPIs for Your Warehouse: How to Choose and Use Them.

KPI 79

KPI Metrics Supply Chain Warehousing 79

BlueYonder

APRIL 9, 2024

This initiative is central to enhancing the management and efficiency of its logistics operations throughout Europe. But, through Carlsberg’s relationship with Blue Yonder, it has become clear that the entire production and supply ecosystem must be connected for these transportation ambitions to be met. A prospect to raise a glass to.

Optimal Sourcing 101

Optimal Sourcing Sustainability Material Savings Waste Reduction 101

The Logistics of Logistics

OCTOBER 8, 2012

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. 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.

Third Party Logistics 145

Third Party Logistics Negotiating Skills Purchasing Skills KPI 145

ShipBob

FEBRUARY 3, 2023

As a retailer, so much of your time and energy goes into managing your inventory , streamlining your logistics, building partnerships, and curating the customer experience. To find out, you’ll need to track Key performance Indicators, or KPIs, for your retail business. What is a retail KPI? Why are retail metrics important?

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

Intelligent Audit

DECEMBER 10, 2020

Throughput is a top priority for supply chain leaders. That’s why shippers need to track shipping data and the supply chain KPI values that affect both throughput and financial stability. We will take a closer look at the leading throughput supply chain KPIs needed for success for this two-part series.

Supply Chain Software 52

Supply Chain Software KPI Supply Chain Optimization Supply Chain Strategy 52

Precoro

JULY 16, 2023

At the heart of the whole process is the purchasing manager – a supply chain and logistics professional who works to secure the required materials, goods, and services necessary for running the business. We have selected 5 fundamental KPIs that purchasing managers should consider.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

SCMDOJO

FEBRUARY 20, 2023

Don’t forget to check out our best practices , tools , and a list of helpful supply chain resources on the website! To maximize efficiency, distributors should adhere to the following set of guidelines for evaluating and planning their supply chain with the strategies mentioned below.

Inventory Reduction 106

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 106

Silvon Software

MARCH 3, 2023

A Few Important KPIs for Tracking S&OP Performance As a long-time provider of business intelligence applications for manufacturing and distribution businesses, Silvon has played a key role in helping our clients define and implement performance metrics that align their S&OP initiatives with their corporate goals.

S&OP 102

S&OP Procurement Analytics Supply and Demand Analytics Software 102

Intelligent Audit

JANUARY 28, 2021

One of the best ways for managers and team members to keep track of things is with a well-rounded logistics KPIs scorecard. What is a Logistics KPIs Scorecard. This sort of scorecard highlights areas of supplier performance and works to bring attention to potential problem areas within the shipping supply chain.

Logistics Network Optimization Software 59

Logistics Network Optimization Software Logistics KPI Optimization Software 59

Unleashed

APRIL 9, 2024

To measure how effective a company is at delivering complete orders on time, you can use the aptly named On Time in Full (OTIF) metric. OTIF meaning On Time in Full (OTIF) is a supply chain management metric that tracks a supplier’s ability to meet delivery promises. What is On Time in Full?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Waste Reduction Cost Reduction Strategies 52

The Logistics of Logistics

FEBRUARY 15, 2013

The best 3PLs do a great job of communicating with their clients and logistics partners. Habit 2 – Measure Logistics Performance. A highly effective 3PL will use key process indicators (KPIs) to monitor logistics performance. Logistics Key Process Indicators (KPI). Logistics Process Mapping Basics.

KPI 189

KPI Logistics Network Optimization Software 3PL Continuous Improvement 189

Kanban Logistics

OCTOBER 31, 2023

Software: 3PL providers invest in the latest warehousing and logistics technology so you don’t have to. Additionally, 3PL providers have experience in dealing with a variety of supply chain disruptions, such as natural disasters and labor disputes. Each metric must also have a goal which denotes success (e.g.,

Warehousing 52

Warehousing 3PL Supply and Demand Logistics Network Optimization Software 52

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

By crafting a well-defined strategy, businesses can mitigate transportation costs, mitigate supply chain disruptions, and uphold customer satisfaction. Performance Monitoring (KPI) (Establishing key performance indicators (KPIs) to measure and assess performance.,

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

Unleashed

JANUARY 10, 2023

Supply chain planning is the key to coming out on top. Optimising your supply chain processes will give your business the best chance at thriving in a competitive landscape. In this supply chain planning guide: What is supply chain planning? And it all starts here.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Design Software 52

GlobalTranz

MARCH 23, 2016

To start you must have the KPI's visual along the value stream. In order to be daily, the KPIs need to get down to ownership by the workers within the value stream. These metrics would, of course, be aligned and are updated every hour. Specific metrics: process metrics and outcome metrics. 714-788-0744-PST.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

GlobalTranz

OCTOBER 27, 2015

Today we continue our series on successfully working with a logistics company, often called a third party logistics company by focusing on how to properly understand the success of the engagement by knowing all the key performance indicators that a shipper could put in place. This starts with deploying the S.M.A.R.T.

Six Sigma 120

Six Sigma Logistics Network Optimization Software KPI Company 120

Material Handling & Logistics

DECEMBER 14, 2018

Learn how to organize your data operations in alignment with supply chain strategy. Forward-thinking supply chain professionals are looking to advanced technologies to streamline processes, improve accuracy, accelerate delivery and reduce costs. Finding Transformative Opportunities in the Supply Chain.

Optimal Sourcing 111

Optimal Sourcing Supply Chain Software Sourcing Strategies Pharmaceutical 111

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. In the below is a real world example of a consultant coming to a third party logistics company with the goal of choosing a warehouse and 3pl provider. 3PL Answer 1.

Modeling 194

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 194

The Logistics of Logistics

APRIL 6, 2013

A service level agreement (SLA) is a contract between a Logistics service provider and a customer that specifies, in measurable terms, what services the Logistics provider will furnish. Many customers manage their Logistics providers with an SLA. These KPIs are different for each customer-Service provider agreement.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Negotiating Skills KPI Purchasing Skills 100

ShipBob

JANUARY 28, 2022

In this article, we break down what inventory KPIs entail, why they matter, and which metrics are most valuable for you to track. . What are KPIs & why are they important for your inventory management? You can easily track these KPIs in an inventory management system (IMS) or enterprise resource planner (ERP).

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

Zipline Logistics

JUNE 15, 2021

Because of the changes to the retail and CPG industries, forward-thinking sporting goods shippers are looking to logistics as a differentiation strategy. As industries evolved to meet the needs of modern consumers, the supply chain has become a reliable source of competitive advantage.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Logistics Network Optimization Software Optimal Sourcing 52

ThroughPut

OCTOBER 20, 2022

the Industrial AI Supply Chain pioneer, today announced the addition of powerful geospatial capabilities to its Logistics and Distribution Module. At ThroughPut, we call this Dynamic Supply Chain Rationalization ,” explained Alla Anashenkova, Head of Product of ThroughPut Inc.

Optimal Sourcing 52

Optimal Sourcing Network Optimization Software Network Optimization Supply Chain Optimization 52

Intelligent Audit

OCTOBER 27, 2022

Shippers can get a handle on their expenses by tracking freight invoices and improving their logistics strategy. . Far from a buzzword, big data analytics in logistics and supply chain management are helping companies gain insight into their current performance while optimizing future operations. Inventory Predictions.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

Logistics Bureau

JULY 27, 2016

Regardless of advances in business analytics therefore, I still advocate a measured approach to measurement (pun intended), by way of a carefully chosen handful of KPIs which are meaningful and actionable. Supplier Performance Metrics for Every Organisation. Other Supplier Performance Metrics. Returns rate metrics.

Procurement Analytics 40

Procurement Analytics Metrics Procurement Solutions Analytics Software 40

Supply Chain Opz

JUNE 1, 2014

Professionals in supply chain management use various methods to identify best practices to improve the operations. In order to accelerate the learning, this article has gathered 20+ most sought-after supply chain case studies, analyzed/categorized them by industry and the findings are presented.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

Enterra Insights

APRIL 22, 2019

The editorial staff at Supply Chain Digest reports Walmart will penalize suppliers a 3% chargeback relative to an invoice for each case that fails to meet its new “on time, in full” requirements.[3] ” Purchasing – “The KPI most used in Purchasing Departments is Stock Turn. threshold for food consumables.

Procurement Analytics 113

Procurement Analytics Manufacturing Procurement KPI Purchasing Skills 113