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

SCMDOJO

MARCH 19, 2024

These functions include procurement, production planning, inventory management, logistics, and customer service. Logistics Logistics involves managing the transportation and delivery of goods. These roles include supply chain managers, procurement specialists, demand planners, logistics coordinators, and data analysts.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

6 River Systems

FEBRUARY 22, 2019

Every warehouse strives for efficient order fulfillment. There are many factors that can impact costs, from warehouse replenishment practices to the warehouse equipment deployed to support the fulfillment process. ” Meet Our Panel of Warehouse Pros: Nate Masterson. Dave Masterson. Nate Masterson. MapleHolistics.

Cost Reduction Strategies 56

Cost Reduction Strategies Inventory Reduction Material Savings Warehousing 56

Logistics Bureau

AUGUST 2, 2021

While some supply chain KPIs will provide a broad and high-level picture for end-to-end performance monitoring, others enable more granular insights into specific functions. On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

Zipline Logistics

FEBRUARY 16, 2021

Industries have undergone a rapid transformation throughout the last decade, and in the wide-sweeping changes, logistics has emerged as a competitive advantage for healthcare shippers. As a result, the most forward-thinking enterprises have evolved their view of third-party logistics providers.

Logistics Network Optimization Software 60

Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction Third Party Logistics 60

Enterra Insights

APRIL 22, 2019

After all, shave off $20 here for a short lot, $5 there for a cracked pallet and $10 over here for a mangled shipping label, and before long, it can run into real money. Whether you KPI them on Turnover or Profit Margin, having them buy into OTIF is crucial to managing the customers’ expectations.”

Procurement Analytics 113

Procurement Analytics Manufacturing Procurement KPI Purchasing Skills 113

EazyStock

SEPTEMBER 25, 2018

To stay ahead, tech-smart operations, savvy professionals are using logistics and supply chain mobile applications as must-have tools for operational excellence. In this blog, the team at EazyStock will be showing you the most exciting logistics and supply chain mobile applications that will make your job even easier.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 78

Intelligent Audit

OCTOBER 27, 2022

One solution is to turn to big shipping data. Shippers can get a handle on their expenses by tracking freight invoices and improving their logistics strategy. . What is Big Data in Logistics & Supply Chain Management? Examples of Big Data in Logistics Uses. Inventory Predictions. Freight Audit in Multiple Modes.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

Intelligent Audit

DECEMBER 10, 2020

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. The so-called perfect order metric is the ideal supply chain KPI.

Supply Chain Software 52

Supply Chain Software KPI Supply Chain Optimization Supply Chain Strategy 52

ShipBob

JANUARY 28, 2022

Renting one or more warehouses can be costly, which is why many ecommerce businesses partner with a fulfillment company that operates multiple fulfillment center locations. This allows you to pay for the space you need and you won’t have to hire labor to manage a warehouse. . Inventory days on hand. Stock availability.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

20Cube Logistics

FEBRUARY 14, 2020

A warehouse is a world of its own, loaded with complex tasks, but in recent times, the inclusion of technology to all the areas of the warehouse makes the tasks easier with increased efficiency and productivity. Let’s look at some of the top warehousing KPIs that are sure to be tracked by warehousing managers.

Warehousing 87

Warehousing KPI Logistics Network Optimization Software Just-in-Time 87

Intelligent Audit

NOVEMBER 3, 2022

Transportation network optimization is simply streamlining your network of logistics carriers, the methods for shipping, and the processes for managing the network. For optimal logistics, shippers need a diverse carrier portfolio that can adapt to the best fit for each shipment. What Is Transportation Network Optimization?

Network Optimization 52

Network Optimization Supply Chain Network Software Optimization Software Modeling 52

6 River Systems

OCTOBER 19, 2020

Warehouse logistics is the heart of any supply chain operation, assimilating and dispatching goods to ensure availability and timely delivery. According to research conducted by BigCommerce , the top three factors that influence consumers’ online purchasing decisions are convenience, cost and free shipping.

Warehousing 98

Warehousing Logistics Network Optimization Software Inventory Reduction Supply Chain Planning Software 98

Unleashed

APRIL 9, 2024

OTIF is an important KPI because it directly impacts customer satisfaction and trust in supply chain partnerships. However, OTIF measures the delivery performance of complete orders shipped on time, whereas OTD focuses solely on the timeliness of deliveries, regardless of order completeness.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Waste Reduction Cost Reduction Strategies 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. Key New Logistics and Distribution Capabilities. PALO ALTO, CA, October 20, 2022 /PRNewswire/ — ThroughPut Inc. , ThroughPut.ai

Optimal Sourcing 52

Optimal Sourcing Network Optimization Software Network Optimization Supply Chain Optimization 52

Unleashed

JANUARY 10, 2023

That’s why you need to ensure you’ve got systems in place to collect key data relating to purchasing, logistics, inventory, and sales. Or, if you’re a middle-man retailer or wholesaler, how you manage your warehouse. Continue to optimise until your entire production ship is firing on all cylinders.

Supply Chain Planning Software 52

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

SCMDOJO

OCTOBER 7, 2022

Logistics KPIs (Key Performance Indicators) measure how well an organization logistics function is performing. Logistics KPIs examples can vary from Basic 5 Logistics KPIs to a detailed list of 47 , which you can get from here. One of the articles on Logistics space optimization can be found here.

Optimal Sourcing 109

Optimal Sourcing Logistics Network Optimization Software Logistics Supply Chain Design Software 109

Logistics Bureau

NOVEMBER 15, 2021

Is your business one that operates distribution centres and other warehouse facilities to maintain control of inventory? If so, you’re probably engaged in the eternal search to make warehouse processes faster, easier, less expensive, and safer. What Can KPIs Do for My Warehouse Operations? 1) Speed up the Warehouse.

Warehousing 52

Warehousing KPI Inventory Reduction Expense Reduction 52

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

ToolsGroup

AUGUST 11, 2020

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. First, we need to establish: what’s the whole point of supply chains? To service demand!

KPI 156

KPI Supply Chain Planning Software Logistics Network Optimization Software Forecasting Software 156

RFgen

AUGUST 12, 2020

Warehouse automation in the form of mobile barcoding and data collection are vital technologies for survival in a pandemic climate. This has become even more apparent as manufacturers and warehouses adjust to irregular surges in demand with significantly disrupted supply chains caused by COVID-19.

Supply Chain Software 55

Supply Chain Software Beverage Food Supply Chain Design Software 55

RFgen

AUGUST 12, 2020

Warehouse automation in the form of mobile barcoding and data collection are vital technologies for survival in a pandemic climate. This has become even more apparent as manufacturers and warehouses adjust to irregular surges in demand with significantly disrupted supply chains caused by COVID-19.

Supply Chain Software 52

Supply Chain Software Beverage Food Supply Chain Design Software 52

RFgen

NOVEMBER 8, 2018

Key Takeaways: Warehousing and distribution face unprecedented pressures from COVID-19 disruption, commoditization, labor shortages and rising customer expectations. Warehouse automation is an effective way to gain efficiencies, cut costs and scale operations. Physical warehouse automation is costly. High warehouse turnover.

Warehousing 59

Warehousing Supply Chain Software Supply Chain Planning Software Inventory Management Software 59

RFgen

NOVEMBER 8, 2018

Key Takeaways: Warehousing and distribution face unprecedented pressures from COVID-19 disruption, commoditization, labor shortages and rising customer expectations. Warehouse automation is an effective way to gain efficiencies, cut costs and scale operations. Physical warehouse automation is costly. High warehouse turnover.

Warehousing 59

Warehousing Supply Chain Software Supply Chain Planning Software Inventory Management Software 59

Supply Chain Opz

JUNE 1, 2014

Moreover, products can be shipped to stores in-time then lost sales is minimal. They use the global level KPI to ensure that each player in the same supply chain is measured the same way. Cost of inbound logistics is not taken into account. Another 80% of orders are handled by both warehouse and cross dock system.

Case Study 239

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

ThroughPut

JUNE 4, 2020

Inventory optimization is also considered as the next level of inventory management for warehouse and supply chain managers. Inventory Optimization can easily help manufacturers overcome warehouse management and stocking problems. Stock replenishment. Challenges to Inventory Optimization. Demand forecasting challenges.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

ThroughPut

JUNE 4, 2020

Inventory optimization is also considered as the next level of inventory management for warehouse and supply chain managers. Inventory Optimization can easily help manufacturers overcome warehouse management and stocking problems. Stock replenishment. Challenges to Inventory Optimization. Demand forecasting challenges.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

6 River Systems

OCTOBER 12, 2020

According to the 30th Annual State of Logistics Report by the Council of Supply Chain Management Professionals (CSCMP), companies spent $1.64 trillion on logistics and transportation services in the United States in 2018, an increase of 11.4% Overall, logistics spending in 2018 reached 8% of U.S.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Material Savings Inventory Reduction 98

ShipBob

APRIL 13, 2021

In this article, gain a deeper understanding of the ecommerce KPIs that every online store needs to track to achieve specific strategic goals. What are ecommerce KPIs? Sales KPIs. Marketing KPIs. Customer service KPIs. Shipping & logistics KPIs. Ecommerce KPI examples. Shipping fees.

Procurement Analytics 95

Procurement Analytics Logistics Network Optimization Software Analytics Software Optimization Software 95

The Logistics of Logistics

JUNE 7, 2019

Asset based 3PLs own physical assets like trucks, planes, warehouses, etc. Non-asset based 3PLs use the assets from other logistics companies. Asset light 3PLs own physical assets and also partner with other logistics companies similar to non-asset based companies. Look for a 3PL that beats the logistics industry average.

3PL 100

3PL Negotiating Skills Optimal Sourcing Purchasing Training 100

Unleashed

FEBRUARY 28, 2023

Creating efficient warehousing processes can result in less downtime, lower running costs, and better customer service. Here, we’ll talk about what receiving efficiency is, how to measure it using warehousing metrics, and cover a few different ways to optimise your inward goods process.

Inventory Management Software 52

Inventory Management Software How To Inventory Reduction Warehousing 52

Silvon Software

JANUARY 16, 2023

As a financial executive or warehouse manager, you no doubt know how vital it is to measure the performance of your company’s warehouse or distribution center on an ongoing basis to track trends, gauge how efficiently you’re operating, and uncover potential problems and risks. Inventory KPIs. Inventory Accuracy.

Warehousing 112

Warehousing KPI Procurement Analytics Purchasing Skills 112

Amware Logistics and Fulfillment

AUGUST 17, 2021

Fast-paced warehouse functions such as pick and pack fulfillment need clear standards to ensure the job gets done in the best possible way. These productivity standards play a similar role to warehouse key performance indicators (KPIs), though they skew more toward individual associates or teams.

Guidelines 118

Guidelines Warehousing Shipping Inventory 118

RFgen

AUGUST 10, 2023

In a fast-paced warehouse, the need for real-time information extends to every aspect of operations. Technology solutions step in to help warehouses and production plants streamline materials management and reduce costs. Inventory management is no exception. Today’s digital supply chain makes manual inventory control obsolete.

Real-time Visibility 81

Real-time Visibility Inventory Management Software Supply Chain Planning Software Inventory Reduction 81

Logistics Bureau

NOVEMBER 27, 2016

The measurements however, are just a means to an end , with the KPI-driven conversations being considered more important than the actual metrics. Like everything else in the McDonalds approach to supply chain management, KPIs are in place to provide insight and support alignment , not to lord it over suppliers.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Design Software Gartner 40

The Logistics of Logistics

JUNE 20, 2014

Recently, a shipping manager asked me what selection criteria he should use when selecting a 3PL. As a sales guy for a 3PL I am always anxious to impress shipping managers, so I created the following 9 things to consider when selecting a 3PL. Asset based 3PLs own physical assets like trucks, planes, warehouses, etc.

3PL 113

3PL Negotiating Skills Optimal Sourcing Purchasing Training 113

The Logistics of Logistics

JUNE 20, 2014

Recently, a shipping manager asked me what selection criteria he should use when selecting a 3PL. As a sales guy for a 3PL I am always anxious to impress shipping managers, so I created the following 9 things to consider when selecting a 3PL. Asset based 3PLs own physical assets like trucks, planes, warehouses, etc.

3PL 100

3PL Negotiating Skills Optimal Sourcing Purchasing Training 100