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

Logistics Viewpoints

DECEMBER 5, 2022

Yes, SAP had inbound ASN’s (advanced ship notices). In one major case in 2017, the Hanjin Shipping company was declared bankrupt by South Korean courts. Or if the ship was in transit, Molex could see the geoposition and the speed of the vessel, and we could clearly tell it wasn’t going to go where it was supposed to go.

Agile and Lean Supply Chain 277

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 277

Silvon Software

APRIL 19, 2022

To generate true, actionable insights, it is crucial to deploy KPI metrics together with a single source of truth to produce actionable insights that can drive performance results. I also suggest to our clients that they keep the following basic principles in mind relative to their KPI strategies. Supplier KPIs.

Optimal Sourcing 124

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 124

The Logistics of Logistics

JANUARY 26, 2016

Inventory tracking software is an excellent way to keep a close eye on inventory and measure it as a KPI. To meet your KPI goal, do periodic inventory audits to see how they measure against routine tracking. Similarly, storage itself is an important KPI for improving warehouse management practices. Employee Turnover.

Warehousing 100

Warehousing KPI Inventory Reduction Cost Reduction Strategies 100

Silvon Software

APRIL 16, 2025

This KPI is especially valuable in retail, eCommerce, and B2B distribution. This KPI is super important because it directly shows how efficiently a company manages its stock, particularly when highlighted alongside Average Time to Sell and Days On-Hand as shown in the screenshot above. Why is Average Time to Sell important?

Optimal Sourcing 65

Optimal Sourcing Inventory Reduction Supply Chain Optimization Price Mitigation Strategies 65

GlobalTranz

OCTOBER 27, 2015

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. . At times, an audit of the percentage behind KPIs will be necessary.

Six Sigma 120

Six Sigma Logistics Network Optimization Software Company KPI 120

SCMDOJO

OCTOBER 7, 2022

Productivity Logistics KPIs Example: Picking Order productivity = Total number of order lines picked per month / total labour hours available for picking activity. Shipping Productivity = Total order lines shipped per month / total labour hours available. Benefits.

Optimal Sourcing 137

Optimal Sourcing Logistics Network Optimization Software Logistics Supply Chain Design Software 137

DELMIA Quintiq

DECEMBER 21, 2014

So try these three games (in no particular order) with your family and give them a taste of the industry basics: Lords of Waterdeep: Storing and shipping adventure. Risk: The KPI war. In this 2012 German-style board game , players take on the role of rulers of a fictional city-state. For more information, check out this post.

Resource Reduction 189

Resource Reduction Negotiating Skills 3PL Third Party Logistics 189

Silvon Software

JULY 22, 2022

In fact, such KPIs are so crucial right now that the supply chain analytics market is expected to reach nearly $17 billion by 2027 as companies ramp up their supply chain performance management initiatives. Why is KPI tracking so important in supply chain management? Inventory KPIs and Metrics for Managing Supply Chain Performance.

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

Supply Chain Game Changer

JULY 21, 2021

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. Customer Lead Time (Service). Total Supply Chain Cost. Procurement Cost.

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

Talking Logistics

JULY 22, 2014

At each stage in the process, from the ordering of raw materials all the way through to the delivery of a finished good, you need to identify the events in each stage and then map them to Key Performance Indicators (KPI) or dashboards. At each stage you can trigger different events to update statuses.

Supply Chain Design Software 185

Supply Chain Design Software Supply Chain Planning Software Supply Chain Visibility Real-time Visibility 185

Logistics Bureau

AUGUST 2, 2021

Nevertheless, each of them has a valuable part to play in customer-focused performance measurement and is therefore worth including in your KPI portfolio. For that reason, the emergency purchase rate KPI is one you should certainly be keeping an eye on. Other Supply Chain KPIs Procurement Teams Should Track. Supplier Lead Time.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

Logistics Bureau

DECEMBER 6, 2024

From a shipping standpoint, reverse logistics works well when the product being returned is routed directly to the correct location. Reps work with customers to get computers installed and working as required, rather than shipping them back. Take the hurdles like who pays for the shipping out of the equation.

Reverse Logistics 74

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

The Logistics & Supply Chain Management Society

MARCH 14, 2023

Some examples of these would be the Xeneta Shipping Index, Freightos Freight Rate Index, Container Trade Statistics Price Index, and the Drewry World Container Index. CARRIERS SCORECARDS: PERFORMANCE INDICATORS Recognising the need and the importance of such measures, the shippers’ council launched the KPI in 2021.

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

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

SYSPRO Smarter ERP

NOVEMBER 3, 2021

They are used to measure how effectively the warehouse processes of receiving, replenishment, fulfilment and shipping perform. Outbound KPIs. Freight bill accuracy : Whether shipping from factory to warehouse, or to the customer, this metric helps identify problems in billing operations.

Manufacturing Procurement 105

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

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

SCMDOJO

APRIL 11, 2025

Let’s break down what each metric in SCMDOJO’s Procurement and Supply Chain scorecard reveals: Total Cost of Ownership (TCO): This goes beyond the purchase price to include all associated costs shipping, implementation, maintenance, training, disposal, etc. It helps you understand the true cost impact of procurement decisions.

Pricing Training 62

Pricing Training Negotiating Skills Purchasing Skills Optimal Sourcing 62

Supply Chain Matters

OCTOBER 19, 2023

Monthly KPI reports? Imagine ML and AI algorithms that sift through tons of data to spotlight key insights—predicting market shifts, optimizing shipping routes, or flagging equipment glitches before they halt operations. So, what’s the missing ingredient for shifting from a reactive to a proactive stance?

Agile and Lean Supply Chain 109

Agile and Lean Supply Chain Supply Chain Software Supply Chain Optimization Data 109

SCMDOJO

MAY 30, 2024

Order processing also includes picking, packing, and preparing products for shipment, as well as generating necessary documentation such as invoices and shipping labels. Oversees Order Fulfillment: Guarantees accurate and timely order processing, from receiving to shipping.

Optimal Sourcing 97

Optimal Sourcing Logistics Network Optimization Software Pricing Training Inventory Reduction 97

6 River Systems

OCTOBER 19, 2020

According to research conducted by BigCommerce , the top three factors that influence consumers’ online purchasing decisions are convenience, cost and free shipping. One of the best ways to reduce shipping costs and ensure fast delivery is by optimizing warehouse logistics. What is warehouse logistics?

Warehousing 98

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

GlobalTranz

MAY 8, 2015

The fundamentals of a Freight Rating System match a user’s shipping and freight characteristics and a carrier’s service and price options. The Cerasis Rater TMS supports LTL freight shipping and handles inbound, reverse logistics , and traditional transportation modes quickly and efficiently. TMS can provide supportive real-time data.

Analytics Software 120

Analytics Software Supply Chain Planning Software Optimization Software Supply Chain Network Software 120

ShipBob

JANUARY 28, 2022

However, an operational planning tool with demand forecasting capabilities like Cogsy can take this KPI to the next level (especially in the short term). By tracking this inventory KPI, brands can ensure profitability and project future revenue growth at a per-unit level. . But this is a simplistic way to calculate the inventory KPI.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

Unleashed

DECEMBER 11, 2022

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. This KPI helps you understand the efficiency and accuracy of your demand planning and forecasting processes.

Warehousing 98

Warehousing Inventory Reduction Cost Reduction Strategies Inventory Management Software 98

Logistics Bureau

JANUARY 14, 2025

Otherwise known in shipping terms as FIS (Free Into Store). This included site visits, workshops and the collection of financial, transactional and KPI information from GSK, and their third party logistics providers. Under the FGP and PF models, the retailers collect the products from the suppliers factory gate.

Price Reduction 75

Price Reduction Cost Reduction Strategies Negotiate Pricing Negotiating Skills 75

DELMIA Quintiq

NOVEMBER 13, 2018

Every year, tens of thousands of containers carrying goods are shipped back and forth to the UK. Ships sailing to Rotterdam from Britain would no longer be able to pass through the express lane for customs clearance. Therefore, finished cars are shipped back to EU countries.

Automotive 136

Automotive Supply Chain Planning Software Scenario Planning Agile and Lean Supply Chain 136

Silvon Software

MARCH 3, 2023

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? Following are just a few examples of how measuring on-time delivery can be difficult: Volume of ordered goods. Delivery date.

S&OP 89

S&OP Procurement Analytics Supply and Demand Analytics Software 89

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. Shipping Frequency, Service Routing, Delivery Time, Compensation Clause, etc.,)

Optimal Sourcing 130

Optimal Sourcing Procurement Freight Sourcing Strategies 130

crisp

DECEMBER 15, 2021

Establish a set of KPIs and set performance targets to measure your progress. . A good KPI to track for this goal might be a low out of stock (OOS) rate. Is the warehouse shipping goods on time? Before the warehouse, the supplier has to ship the product or raw material.

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Supply Chain Strategy 98

BlueYonder

MARCH 25, 2022

The ability to logically anticipate, sense and respond to disruption depending on the industry and market can be as simple as rerouting inventory and expediting shipping or as complex as diversifying strategic suppliers.

Modeling 98

Modeling Scenario Planning Supply Chain Planning Software Supply Chain Strategy 98

Intelligent Audit

JANUARY 28, 2021

But first, it’s essential to understand its value and why it’s a critical tool in the shipping manager’s playbook. 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

MARCH 9, 2021

The undamaged supplier shipment metric can be used as a KPI to determine if the cycle time for the deliveries to customers is increased when the damaged shipment rate is high. On-time delivery metrics measure the time from when the order is shipped by the supplier to when it is receipted by the business.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

RFgen

APRIL 18, 2023

Shipping accuracy is an important aspect of any business that relies on delivering products to customers. Your ability to ship accurate orders to the right destination directly impacts profitability. Misships, or incorrectly shipped items, can lead to customer dissatisfaction, increased costs, and damage to your brand.

Optimization Software 52

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

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. After the orders are picked and packed, Amazon ships the orders using common carriers so they can obtain the economy of scale.

Case Study 239

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

Silvon Software

MAY 21, 2024

For instance, if your strategic goal is to improve customer satisfaction and you are not meeting expectations, you can examine smaller operational metrics tied to the KPI to understand what’s affecting its performance. See how we can help you execute your KPI strategy and performance management initiatives from the C-suite to the plant floor.

Manufacturing 59

Manufacturing Inventory Reduction KPI Expense Reduction 59

The Logistics of Logistics

FEBRUARY 16, 2013

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). Logistics Key Process Indicators (KPIs). LTL KPI – Cost per Pound Calculation. LTL KPI – Cost per Pound Calculation. Example: $507.34 divided by 1440 lbs.

KPI 110

KPI Cost Reduction Strategies Third Party Logistics Metrics 110