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

Cerasis

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance. Customer Service Levels : When it comes to how a shipper defines the value of a logistics provider or 3PL to the bottom line, there are often several Key Performance Indicators (KPIs) and Logistics Metrics taken into consideration.

Logistics Metrics You Didn’t Know You Should Be Watching

Supply Chain Collaborator

What if I told you were unwittingly undermining all the time, cost and effort your organization has invested in logistics IT solutions like TMS and optimization tools? Read on to find out what may currently be missing from your supply chain logistics program. Yard management is a crucial piece of any successful logistics management practice with significant implications for efficient supply chain planning. Security.

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5 Skills Necessary For Maximizing Logistics Effectiveness

Cerasis

. Editor's Note: Today's blog is from our friend Robert Everett who gives us some fantastic tips for managing logistics effectiveness. In this article, I propose to have a look at several logistic skills that, besides the specific knowledge in this area, will help to maximize the logistics effectiveness. It is when an employee can honestly share his real views and thoughts regarding the problem or operational issue with all the performers involved in the logistics process.

Guest Post: Ignoring this Performance Metric is Risky

TMC

The raw data flows to Walgreens’ Centralized Security Operations Center. Professor Yossi Sheffi is Director of the MIT Center for Transportation & Logistics. The post Guest Post: Ignoring this Performance Metric is Risky appeared first on Connect Blog by TMC, a division of C.H. There are many ways to measure supply chain performance in terms of resilience, but there is one that’s easily overlooked even though it is gaining in importance: Detection time.

7 Incredible Benefits of Cloud-Based Logistics Management

Cerasis

In the below article I propose to have a look at the main benefits and advantages of the cloud-based logistics management. Each industry has its peculiarities, among the others, in the logistics, manufacturing, and supply. It incorporates your resources from every stage of the logistic process in the real-time. The cloud-based logistics is a “pay-per-use” model. The cloud-based logistics grants a more realistic assessment of the company’s ability to perform.

3 Practical Metrics for Supplier Performance Evaluation

Logistics Bureau

Supplier Performance Metrics for Every Organisation. In this post, you’ll find some suggested metrics for supplier performance evaluation and management. These KPIs should all be applicable to your supply chain operation, subject to some tweaking to reflect the precise characteristics of your inbound logistics and purchasing functions. Alternatively you could have two metrics, one for advised variations and one for variations discovered upon goods receipt.

Offering Prayers While Looking Down the Barrel of a Gun

Supply Chain Shaman

Today, the word security has a different meaning. Unfortunately, we live in a world where the need for security for a Papal visit turns a city upside down. I love the energy, caring, and humility of Pope Francis, and I look forward to being one of the two million spectators lining the streets; but, the level of security in this city this weekend is an unprecedented experience. The pope comes in peace; but to prepare, we are in a high-security lock down mode.

The Trends Shaping Supply Chain and Logistics: Takeaways from Descartes Evolution 2017

Talking Logistics

Drones and its future in supply chain and logistics processes. Logistics Excellence: Now & in the eFuture. Before diving into some takeaways from the sessions I attended and participated in, here are some high-level stats about Descartes (a Talking Logistics sponsor): Descartes is now a $200M+ company and continues to grow. getting buy-in from drivers and other stakeholders) and implementing appropriate metrics to measure and drive performance.).

This Week in Logistics News (September 7-11, 2015)

Talking Logistics

Remembering 9/11 seems more important to me, even if it doesn’t directly relate to supply chain and logistics. Trade security became a priority and various initiatives were launched in the months and years that followed, including Customs-Trade Partnership Against Terrorism (C-TPAT), the Container Security Initiative (CSI), the Advanced Manifest Rule (AMR), Smart and Secure Trade Lanes (SST), and most recently, the Importer Security Filing (aka “10+2”).

In Congo Outbreak, Ebola Vaccine Faces Cold-Chain Reality Tests

Supply Chain Brain

And in the current Ebola outbreak, that makes logistical, cultural and language barriers the ultimate challenges, global health specialists say. Global Supply Chain Management Humanitarian Logistics Quality & Metrics Supply Chain Security & Risk Mgmt. SC Analysis & Consulting Pharma/Bio-Tech Healthcare All Logistics Global Logistics Transportation & Distribution

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5 New Year’s Resolutions for Supply Chain & Logistics Executives

Talking Logistics

If you’re a supply chain or logistics executive and you’re looking for ways to improve as a leader this year, here are my five recommendations: 1. Natural disasters like the Japan earthquake, product shortages due to quality issues, the impact of currency rates on product costs and demand, and disruptions caused by IT service failures or security breaches are just a few examples of the risks supply chain executives face every day.

Why Samsung Might Turn to Blockchain for Its Global Supply Chain

Supply Chain Brain

Companies in the logistics industry have been taking an extra-hard look at blockchain because it can accurately automate many of the current functions that require much slower and more costly human interaction. In total, the company’s logistics division, Samsung SDS, will take on 1 million shipping units and 488,000 tons of air cargo. Business Strategy Alignment Global Supply Chain Management Global Trade & Economics Quality & Metrics Supply Chain Security & Risk Mgmt.

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IBM Will Marry Its New Verifier to the Blockchain, Transforming Diamonds, Olive Oil and Insurance

Supply Chain Brain

Business Strategy Alignment Global Supply Chain Management Global Trade & Economics Supply Chain Security & Risk Mgmt. High-Tech/Electronics Food & Beverage Quality & Metrics All Logistics Global Logistics Transportation & DistributionCalled a crypto anchor verifier, the technology, which is part artificial-intelligence software, part insanely sophisticated, internally developed lens, can see the cells of animals and distinguish between them.

U.K. Just Now Asks Business to Map Supply Chain Ahead of Brexit

Supply Chain Brain

Global Supply Chain Management Global Trade & Economics Supply Chain Security & Risk Mgmt. Quality & Metrics Regulation and Compliance SC Analysis & Consulting All Logistics Global Logistics Transportation & Distribution All TechnologyOne of the people expressed bafflement that it’s taken so long for the government to ask for the data.

Top Logistics Articles of 2015

Cerasis

We continue our top articles from each of our main 5 categories today by covering the top 10 logistics articles that were the most viewed in 2015. We write to five main categories on the Cerasis blog: Manufacturing, Supply Chain, Logistics, Transportation Management, and Freight. Top Logistics Articles of 2015. Here are the top 10 logistics articles from the Cerasis blog with the 10th most read to the most read published in 2015. Logistics

‘Balancing Green’: What’s the Cost of Sustainability?

Supply Chain Brain

Our guest is Yossi Sheffi, Elisha Gray II professor of engineering systems at MIT, and director of the MIT Center for Transportation and Logistics. Business Strategy Alignment Global Supply Chain Management Quality & Metrics Regulation and Compliance Supply Chain Security & Risk Mgmt. Sustainability Humanitarian Logistics Podcasts All Technology Global Trade Management

Ending Slavery in Supply Chains, Part 2: An Action Plan for Business

Supply Chain Brain

Global Supply Chain Management Humanitarian Logistics HR & Labor Management Quality & Metrics Regulation and Compliance Supply Chain Security & Risk Mgmt. No global supply chain, with its multiple geographies, partners and supplier tiers, can ever be deemed 100-percent “risk-free.” But that’s no reason not to strive for that goal – especially when it comes to the elimination of slavery from supply chains.

Ending Slavery in Supply Chains, Part 1: The Work of Humanity United

Supply Chain Brain

Global Supply Chain Management Humanitarian Logistics Podcasts Home Page Latest News Home Page Slider HR & Labor Management Quality & Metrics Supply Chain Security & Risk Mgmt. Humanity United is among the leading organizations fighting to bring an end to trafficking and slavery around the globe. It was formed 10 years ago as part of a larger philanthropic effort by eBay founder Pierre Omidyar.

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26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

Logistics can be traced all the way back to the Greek and Roman empires , but it’s undergone several major transformations as new technologies provide opportunities to more efficiently manage the movement and storage of goods. In the digital transformation age, logistics is once again undergoing a major shift. These technologies also contribute to a rise in big data and analytics in the logistics field. ” Meet Our Panel of Logistics Pros: Brian Jessup.

Showcase Your Company's Supply Chain Excellence — Three Days to Submit

Supply Chain Brain

1st Place : TransCelerate (Bristol-Myers Squibb Company, Janssen Pharmaceuticals & GlaxoSmithKline) 2nd Place : Argos (Llamasoft & Argos) Finalist: Vodafone (Vodafone & Celonis) Finalist: Whirlpool Finalist: Intel Finalist: Kenco (Kenco Logistics Services, Sealed Air Corporation & Gladiator, LLC) Access more finalist and winner information on the Supply Chain Innovation Award™ web page.

At the Starting Line: New Year’s Resolutions for Supply Chain and Logistics Executives

Talking Logistics

Did you come up with any New Year’s resolutions to improve as a supply chain and logistics leader this year? From “5 New Year’s Resolutions for Supply Chain & Logistics Executives” originally published on January 14, 2014: 1. You have to equate the value proposition to metrics the CFO understands and cares about, such as working capital, cash flow, and other items linked to the company’s P&L and balance sheet. Happy New Year!

Logistics Management Software – A Complete Handbook for Manufacturers

ThroughPut

What is Logistics Management Software? Logistics Management Software is one that helps drive the logistics function of an organization by managing the actual flow of materials, goods, and services from the point of origin to the point of consumption. From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. Blog logistics management

Logistics Management Software – A Complete Handbook for Manufacturers

ThroughPut

What is Logistics Management Software? Logistics Management Software is one that helps drive the logistics function of an organization by managing the actual flow of materials, goods, and services from the point of origin to the point of consumption. From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. Blog logistics management

Logistics Management Software – A Complete Handbook for Manufacturers

ThroughPut

What is Logistics Management Software? Logistics Management Software is one that helps drive the logistics function of an organization by managing the actual flow of materials, goods, and services from the point of origin to the point of consumption. From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. Blog logistics management

This Week in Logistics News (August 13-17, 2018)

Talking Logistics

Back at work, getting caught up on all of the supply chain and logistics news from the past two weeks. Speaking of global trade, BluJay Solutions (a Talking Logistics sponsor) acquired Grosvenor International Systems, “a leading provider of customs and compliance solutions to the UK and European markets.” On the day I took off on vacation, project44 (a Talking Logistics sponsor) announced “a new international and domestic Parcel tracking and address validation solution.”

“1+1=3? Opportunities in Logistics (Takeaways from Descartes Evolution 2015 Conference)

Talking Logistics

The theme of this year’s Descartes Evolution 2015 Global User & Partner Conference , held in May in Miami, Florida, was “Logistics Integration — What’s Next?” The slides below from CEO Ed Ryan’s keynote presentation highlight the current scope of Descartes’ solution footprint, which includes both software applications and its Global Logistics Network (GLN) — an example of what I call a Supply Chain Operating Network.

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Connect Big Data with Predictive Analytics for Increased Visibility and Control Over Global Supply Chains

Supply Chain Network

Shippers, carriers, freight forwarders and third party logistic firms are currently spending millions of dollars in resources on ‘estimating’ important metrics such as container Estimated Time of Arrival (ETAs). a cutting-edge developer of logistics analytics as their supplier of global Automatic Identification System (AIS) data. Emerging Trends Freight & Transportation Information Technology New Ideas Security Supply Chain Management Supply Chain Risk

50 expert tips on logistics planning and strategy

6 River Systems

As the biggest players in fulfillment, distribution and omnichannel retail continue to push boundaries, logistics and planning strategists are forced to innovate. Luckily, the current movers and shakers of the logistics and supply chain world are all too happy to dole out sage advice in the form of blog posts, interviews, podcasts — you name it. Logistics strategies for streamlined fulfillment. Logistics personnel and supplier management pointers.

Sorry, I’m Not Sure: Supply Chain and Logistics Predictions for 2018

Talking Logistics

I will be wrong again,” I stated last year before making my supply chain and logistics predictions for 2017 , and I was right. But I was right with some of my other predictions, especially my prediction that we would see a rise in cyber attacks in 2017, with supply chain and logistics operations becoming new targets. UPS Joins Top Alliance To Create Blockchain Standards For Logistics. Kenco Group (a Talking Logistics sponsor) is a great example. Source: Evan, Flikr. “I

The World Bank Cares About Logistics

Supply Chain View from the Field

One of the highlights of the BVL was a panel discussion by the World Bank, talking about their global logistics study. Jean-Francois Arvis spoke about the World Bank Study on the Logistics and Public Sector. The World Bank is looking at logistics form a policy perspective, which has just emerged in the last ten years. JP referred to the importance of logistical events in history to set the context. What are objectives of the state for logistics?

10 Tips Shippers Can Use to Reduce Costs in LTL Procurement with Better Request for Pricing Bidding

Cerasis

As a third-party logistics company focused on over the road transportation management, and having an LTL rating engine and web-based TMS for nearly 20 years (web-based even before Google!), Shippers who prioritize securing the lowest price from carriers may actually end up paying more because of costs embedded in carrier expenses, resulting in problems such as service degradation and supply chain disruption. Logistics LTL ltl procurement

6 Best Practices for eCommerce Warehousing

Cerasis

Graves of Inbound Logistics , accounting for nearly one-half of $1 trillion by 2010. A TMS combines the perks of working independently with the benefits of working together, and shippers can combine orders from different channels and of different modes into one environment, reducing unnecessary delays and costs along the way, reports Roberto Michel of Logistics Management. Use Metrics to Track Progress and Order Fulfillment Processes. E-Commerce Logistics eCommerce

Seeing the Bigger Picture: How a Global Trade Network Can Create More Accurate KPIs

Talking Logistics

The question becomes, “how are you comparing your transportation metrics to what’s happening around you?” You need to explore the metric relationships to see the full story. Reviewing the metrics simultaneously helps identify potential cause-and-effect relationships. Consider the following metrics: Tender Acceptance: The frequency at which a carrier is accepting tendered loads. Bill Madden is Vice President of Logistics as a Service (LaaS) at BluJay Solutions.

Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

SUMMARY: Because 4PL providers handle a company’s entire chain, including challenges that are thrown up by advances in technology, they are increasingly being favoured over third-party logistics (3PL) providers, especially by big companies with complex supply chains. Healthcare Logistics.

7 Easy Steps to Create an Inbound Vendor Routing Guide

Cerasis

Follow these steps, as outlined by Inbound Logistics , to create a working, evolving guide that puts the power of control and visibility in your hands. Such rules provide an incentive for vendors to adhere, and at your discretion, consider implementing a reward system for vendors that meet reliable standards for metrics, such as on-time delivery and appropriate fill rates. Remember “Security Patch Tuesday?” Logistics