SCMDOJO

AUGUST 10, 2024

Packaging and Unit Loading Packaging plays a pivotal role in logistical efficiency. Optimizing packaging dimensions can significantly impact transportation and storage costs. Consequently, investing in packaging optimization can yield substantial returns for businesses in the supply chain.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Strategies Resource Reduction Inventory Reduction 98

Logistics Bureau

DECEMBER 6, 2024

Products come back in dribs and drabs, not in nearly packaged batches. When marketing sees why products are being returned, it can improve product features like quality, packaging, and usability. It would be tempting to think of reverse logistics as forward logistics done backwards. Tempting, but wrong. Almost everything can change.

Reverse Logistics 74

Reverse Logistics Logistics Network Optimization Software Vendor Strategies Cost Reduction Strategies 74

BlueYonder

APRIL 9, 2024

The company’s Sail ’27 mission is the second iteration of a plan to “brew for a better today and tomorrow,” plotting a roadmap for a future based on the concept of zero: Zero carbon footprint, zero farming footprint, zero packaging waste, zero water waste, zero irresponsible drinking, and a zero-accident culture.

Optimal Sourcing 122

Optimal Sourcing Sustainability Material Savings Waste Reduction 122

SCMDOJO

MAY 30, 2024

Shipment Tracking & Monitoring: Tracks shipments in real-time, monitors carrier performance against agreed-upon metrics, and identifies potential delays. To run the department, a logistics analyst needs certain logistics metrics and KPIs to improve performance.

Optimal Sourcing 98

Optimal Sourcing Logistics Network Optimization Software Pricing Training Inventory Reduction 98

ShipBob

APRIL 13, 2021

However, there is a wide range of metrics that you should be tracking to help your online store grow. 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? Why ecommerce performance metrics are important.

Procurement Analytics 95

Procurement Analytics Logistics Network Optimization Software Analytics Software Optimization Software 95

Unleashed

DECEMBER 11, 2022

When you measure and analyse the right warehouse KPIs, you can make better-informed business decisions based on real data. That’s why, with so many possible variables to track, it’s critical to know which metrics matter most. In this guide to warehouse KPIs: What are ‘warehouse KPIs’ and why should you use them?

Warehousing 98

Warehousing Inventory Reduction Cost Reduction Strategies Inventory Management Software 98

The Logistics of Logistics

JANUARY 24, 2013

If you move freight for a living, you know the importance of logistics key process indicators (KPIs). 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. Key Process Indicators vs. Metrics.

Logistics Network Optimization Software 230

Logistics Network Optimization Software KPI Logistics Third Party Logistics 230

Unleashed

MAY 2, 2022

These are the 10 most crucial metrics for SMEs – so you can get started on reducing inefficiencies and cutting costs. If you want to make objective, evidence-based strategic decisions about what to do with your business, you need to be using real inventory KPIs. This is a great metric to track as it tells you your break-even point.

Inventory Reduction 98

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 98

Veridian Solutions

SEPTEMBER 20, 2018

A Guide to the Warehouse Metrics Supply Chain Execs Should Track. The Right Cycle Count KPIs Make or Break Productivity The right cycle Count KPIs can make or break productivity, and as explained by Shane Starr of Explore WMS, Warehouse Managers need to implement a process known as “skilled cycle counting.”

Inventory Management Software 45

Inventory Management Software Inventory Management Inventory Reduction Inventory 45

The Logistics of Logistics

FEBRUARY 18, 2013

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. Insights from Damage Free Shipment KPI. Logistics Key Process Indicators (KPIs).

KPI 100

KPI Freight Third Party Logistics Metrics 100

BlueYonder

OCTOBER 13, 2022

This shift has opened the door for consumer packaged goods (CPG) companies to explore the possibility of their own direct-to-consumer (D2C) propositions. CPG brands are well known for their ability to gather insight around these kinds of metrics, as well as information pertaining to competitors jockeying for the same wallet share.

Sourcing Strategies 98

Sourcing Strategies Modeling Software Supply Chain Planning Software Supply Chain Design Software 98

Taulia

NOVEMBER 28, 2021

A similar KPI to inventory turnover, average days to sell inventory is intended to measure how long, on average, it takes your company to turn inventory into sales. And the first step to avoiding them in future is to understand when (and how) they occur, which is the intention of this inventory management KPI. Supplier quality index.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

SCMDOJO

MAY 30, 2024

Shipment Tracking & Monitoring: Tracks shipments in real-time, monitors carrier performance against agreed-upon metrics, and identifies potential delays. To run the department, a logistics analyst needs certain logistics metrics and KPIs to improve performance.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Pricing Training Inventory Reduction 52

RFgen

APRIL 18, 2023

Both help assure that packages are correctly labeled and addressed. This type of solution can prevent misships by lowering the risk of lost or misdelivered packages. Advanced mobile solutions like those provided by RFgen can combine the most-needed functionality of all these technologies into one robust but flexible package.

Optimization Software 52

Optimization Software Supply Chain Planning Software Inventory Management Software Supply Chain Software 52

Logistics Bureau

OCTOBER 6, 2024

CPG Consumer Packaged Goods – Products that are consumed every day by the average consumer, typically sold in packaging, and replaced frequently. KPI Key Performance Indicator – Measurable values that demonstrate how effectively a company is achieving key business objectives.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 75

Logistics Bureau

JULY 18, 2022

Your fact-finding efforts should seek to determine what your customers want in the following aspects of supply chain service: Packaging and labelling requirements. Ideally, though, evaluating your position against competitors should not solely be a KPI benchmarking exercise. What do You Need to Know? Delivery service levels.

Inventory Reduction 98

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction Strategies 98

Unleashed

FEBRUARY 28, 2023

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. Receiving efficiency is a useful warehousing metric that helps business owners determine whether their receiving process needs improvement. What is receiving efficiency?

Inventory Management Software 52

Inventory Management Software How To Inventory Reduction Warehousing 52

ShipBob

SEPTEMBER 24, 2021

In this article, learn how to track warehouse performance by monitoring the right KPIs. What are warehouse key performance indicators (KPIs)? Warehouse key performance indicators (KPIs) are metrics associated with warehouse performance. Inventory KPIs. Picking accuracy : Accuracy is the most critical KPI.

Optimal Sourcing 52

Optimal Sourcing Warehousing Inventory Reduction Inventory Management Software 52

QAD

JUNE 26, 2024

In some industries, such as Consumer Packaged Goods (CPG) , Marketing may take the front seat; in others, it is Sales. The Sales and Marketing leader needs to wisely manage these competing KPI. In either case, both groups need to work together and be aligned.

S&OP 52

S&OP Supply and Demand Forecasting Supply Chain Planning Software 52

SupplyPike

APRIL 1, 2020

Walmart suppliers are no longer graded on a single OTIF metric, though it is still tracked and available. Rather, you must meet each OTIF-related metric to avoid fines. Your product must be packaged and ready at your facility for the pickup, otherwise this will impact your OTIF score. OTIF Metrics.

DC 58

DC Procurement Analytics Metrics Procurement Solutions 58

Precoro

MARCH 31, 2023

Analysis and reporting are nearly impossible without key performance indicators (KPIs) , specialized metrics that help determine a company's progress toward its goals. Use KPIs to track progress There are many KPIs for sustainable procurement, and deciding which to track depends entirely on the organization and its primary goals.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

The Logistics of Logistics

FEBRUARY 22, 2013

The LTL carrier scorecard with key process indicators (KPI) is an excellent tool for measuring and managing LTL performance and LTL carrier performance. Key Process Indicators vs. Metrics. A metric is any standard of measurement (number of carriers, inventory turns, average shipment weight, etc.). Selecting the Right LTL KPIs.

Cost Reduction Strategies 118

Cost Reduction Strategies KPI Price Reduction Expense Reduction 118

SupplyShift

JUNE 2, 2021

In the wake of COVID disruptions and the financial advantage earned by companies focusing on ESG despite major market uncertainty, investors are rapidly recognizing the strategic importance of these metrics as well. Instead, it will become a standard reporting KPI alongside revenue, COGS, and EBITDA. . Corporate ESG Reporting Today .

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Planning 52

Locus

SEPTEMBER 21, 2023

KPI & Analytics Dashboard: While SMB solutions offer analytics dashboards with valuable insights, they might not be as comprehensive as their enterprise counterparts, potentially limiting optimization opportunities. Personalized Delivery Options: Today’s customers yearn for customization, from packaging to precise delivery times.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Analytics Software Optimization Software Demand Planning Software 52

Intelligent Audit

NOVEMBER 3, 2022

Technology can automatically track many KPIs for you or bring together data that allows you to run thorough reports. Not only can you use KPI data and insights to follow carrier agreements, but you can also use the data to strategize more effective methods for a better-optimized network overall.

Network Optimization 52

Network Optimization Supply Chain Network Software Optimization Software Modeling 52

Silvon Software

MAY 24, 2022

Sales metrics and key performance indicators (KPIs) empower a salesperson, team or organization to assess performance against goals and objectives, monitor progress and make necessary adjustments for continued sales success. Appropriate sales metrics also help identify the state of sales regarding time-based goals.

Procurement Analytics 78

Procurement Analytics Manufacturing Procurement Metrics Price Reduction 78

Logistics Bureau

JANUARY 1, 2025

Balanced Scorecard: A system of performance measurement using a structured combination of metrics. Barcode: A visible code, comprising lines and spaces of differing widths, which can be printed on labels or directly onto packaging and subsequently read by optical devices. Build to Order: See Make to Order.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 76

Supply Chain Matters

APRIL 28, 2023

When considering what to tackle first, businesses and their supply chain management and manufacturing operational teams should initially have a clear understanding of their supply chain and/or plant level metrics that need to be improved in both current and likely future business and performance needs.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Eliminating Excel in Purchasing Supply Chain Planning 52

Logistics Bureau

JULY 18, 2018

Products come back in dribs and drabs, not in nearly packaged batches. When marketing sees why products are being returned, it can improve product features like quality, packaging, and usability. It makes sense to run reverse logistics as a profit centre with corresponding KPI and metrics. Tempting, but wrong.

Reverse Logistics 53

Reverse Logistics Logistics Network Optimization Software Logistics Vendor Strategies 53

SupplyShift

JUNE 2, 2021

In the wake of COVID disruptions and the financial advantage earned by companies focusing on ESG despite major market uncertainty, investors are rapidly recognizing the strategic importance of these metrics as well. Instead, it will become a standard reporting KPI alongside revenue, COGS, and EBITDA.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Planning 40

QAD

MARCH 17, 2020

For example, it’s obvious to most people that the cost of components on the bill of materials is part of the product cost, but what about other costs such as cutting oils that help equipment run more smoothly, or packaging for shipping the finished product? KPIs for Operating Expenses Action Center.

Expense Reduction 145

Expense Reduction Price Reduction Cost Reduction Strategies Material Savings 145

GlobalTranz

AUGUST 3, 2017

Cerasis Small Package Auditing service can check past packages for late delivery, incorrect manifests, verification of addresses, validation of addresses, weekend pickup and delivery, dimensional weight costs, duplicate billing, lost packages and much more, which go back to its primary processes and benefits.

Logistics Network Optimization Software 153

Logistics Network Optimization Software Optimization Software Procurement Solutions Vendor Strategies 153

Loop Supply Systems

JULY 21, 2016

Crucial information regarding lead-time, demand, demand variability, order quantities/cycles, and space-planning metrics will help your organization to determine the problems in your supply chain leading to excess inventory. Just as your Manufacturing Engineer thought, there is a huge problem with many of your suppliers’ lead-time.

Inventory Reduction 40

Inventory Reduction Waste Reduction Cost Reduction Strategies Resource Reduction 40

Unleashed

JANUARY 10, 2023

Either way, the first thing you should do is establish metrics and KPIs. Consider the packaging and packing materials you use for shipping: Are there better alternatives, or a cheaper way to get the same products? Invest in good software early on to give your business the best chance at success. Is it time to find somebody else?

Supply Chain Planning Software 52

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

ShipBob

DECEMBER 28, 2022

This chart from Kissflow lays out the key differences between sourcing and procurement: Essentially, sourcing sets procurement up for success by conducting research, vetting suppliers, negotiating contracts, and even figuring out the nitty-gritty details such as order minimums and packaging standards. Goal & KPI establishment.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Purchasing Skills Material Savings 52

Infosys Supply Chain Management

JUNE 6, 2014

One of the reasons for this loose integration I think is the overbearingness with self-centered KPIs. We all know the importance of Metrics, KPIs offers us exactly this. Give personal bias a rest: Devising a KPI is a challenging affair, overcoming bias adds to the challenge. What limits this then?

KPI 40

KPI Asset Management Expense Reduction Lean 40

Logistics Bureau

JANUARY 20, 2025

Ideally, though, evaluating your position against competitors should not solely be a KPI benchmarking exercise. Include Your New KPIs in Your Strategy Document Maybe you already have some supply chain KPIs , but are they aligned with your new strategy? But the only way to find out is to speak with those customers directly.

Inventory Reduction 40

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction Strategies 40