Remove KPI Remove Procurement Solutions Remove Shipping Remove Transportation
article thumbnail

6 Critical Supply Chain KPIs!

Supply Chain Game Changer

In supply chain, simply observing your entire supply chain in action to assess it is not possible, but with data and a reliable performance management system like The Owl, you can at-least have a real-time view of your supply chain performance through KPIs and metrics. Procurement Cost. Customer Lead Time (Service).

article thumbnail

Using Analytics to Measure S&OP Effectiveness

Silvon Software

If you ship 80 products on time, and the customer agrees to receive the remaining goods later, will this be a 100% or 80% on-time delivery? If customers purchase five different items in the same order, should you transport all five goods on schedule to obtain a 100% OTD delivery? Delivery date. Quantity of goods in the order.

S&OP 111
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Freight Benchmarking: What Is It? Why Do It?

Logistics Bureau

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. Alternatively, you can procure access to a digital freight benchmarking platform.

article thumbnail

The 12 Warehouse KPIs You Should Be Tracking Right Now

Unleashed

Put simply, Warehouse KPIs measure how efficiently your warehouse is performing. For example, the warehouse KPI ‘Receiving accuracy’ can determine if your receiving process is as accurate as you need it to be. How to improve order lead times: Procure reliable carriers and suppliers. Implement a mobile barcode scanning system.

article thumbnail

What is Demand Planning? [Ultimate 2023 Guide]

Unleashed

Demand planning also considers factors such as: Your marketing strategy Seasonality Market trends Demand planning teams need to constantly be alert to technology advances such as in Artificial Intelligence or software tools which can be utilised to their advantage. They must draw on all these factors to create a ‘demand plan’.

article thumbnail

3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance

GlobalTranz

Inventory measurement is critical and it is money after all in that it took a capital expense to procure. Transportation is measured just as a cost rather than what it does for the rest of the organization. Other areas to consider measuring as it relates to transportation: Managing inventory. Read more. . Read more. .

article thumbnail

Employing this S.M.A.R.T. Technique with a Logistics Company to Create Total Stakeholder Satisfaction

GlobalTranz

In our first post in the series, we set the mindset of the shipper by going over the 9 key topics to understand about effective KPI management and followed that post with the 7 strategic performance business practices to track and 4 KPI problems to solve. . Evidence may be just as useful in situations like this.

Six Sigma 120