article thumbnail

How Good is Your Logistics Service Provider?

Logistics Viewpoints

For example, that sudden increase in warehousing charges from my LSP is anyone else seeing that? The KPI Harnessing the collective experience of shippers in a more formal way is the KPI, a benchmarking survey for evaluating the performance of logistics service providers.

article thumbnail

Real-World Scenario: Best Practices for Warehouse Contracts: Part One

GlobalTranz

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.

Modeling 261
Insiders

Sign Up for our Newsletter

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

article thumbnail

The Top Supply Chain KPIs to Know

GlobalTranz

The perfect order KPI tracks the overall accuracy and timeliness of each shipment. Perfect Order KPI = On-Time Delivery and Shipment KPI x Complete Order Percentage x Damage-Free Percentage x Accurate Invoicing Percentage. To calculate the perfect order percentage, one must understand the on-time KPI.

article thumbnail

Modern TMS Solutions: Driving Sustainability in Supply Chain Operations

Logistics Viewpoints

Next-generation TMS systems integrating sustainability alongside traditional KPI measurement and performance are critical to achieving supply chain responsibility and resiliency. Conclusion: Incorporating sustainability into transportation management is becoming essential for regulatory compliance and long-term supply chain resilience.

article thumbnail

What Are the Top Warehouse Management KPIs Every Supply Chain Exec Should Measure

GlobalTranz

Warehouse managers face many challenges. These challenges can be overwhelming, but supply chain executives and managers can simplify the process by tracking these top warehouse management KPIs (key performance indicators). The Top Warehouse Management KPIs: Receiving and Put-Away KPIs. Storage KPIs.

article thumbnail

Service Level Should Be Your Number One Supply Chain KPI…But What Does It Really Mean?

ToolsGroup

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
article thumbnail

AI and Data-Driven Warehouse Decision Making

Locus Robotics

Home March 12, 2025 AI and Data-Driven Warehouse Decision Making Mary Hart , Sr. Content Marketing Manager Warehouses generate vast amounts of data every day, from fulfillment rates and inventory levels to labor efficiency and stock movement, but that raw data alone isnt enough.