Remove Logistics Remove Procurement Analytics Remove Third Party Logistics Remove United States
article thumbnail

Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

Next Steps: Start to model demand based on market data to align the organization on baseline demand. Resist the temptation to place deeper analytics on top of existing data models. Instead, rethink the model and the approach. Out of desperation, they turned to the use of descriptive analytics. Next Steps.

article thumbnail

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

GlobalTranz

Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance.

Insiders

Sign Up for our Newsletter

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

article thumbnail

UPS Strike Averted While Workers Gain Heat Protection

Logistics Viewpoints

There is no way that FedEx, the United States Postal Service, and regional carriers could have picked up the slack. This claim was made again in UPS’s last annual report. The agreement requires in-cab air conditioning in most UPS delivery vehicles purchased after Jan.

article thumbnail

Elevating Supply Chain Visibility through Effective Marketing

SCMDOJO

When customers have transparency into product availability, delivery timelines, and order status, they are more likely to complete purchases and continue shopping with a business. Cost Effective Marketing Emails used this way for e-marketing are cost-effective, even on a global scale.

article thumbnail

6 Questions To Ask 3rd Party Logistics Companies for 2015 and Beyond

GlobalTranz

With an ever-increasing pool of third-party logistics (3PL) providers to outsource shipping needs to, understanding how to select the best 3PL is the difference between reaching your existing customers and gaining a new market share. Less than two decades ago, the concept of 3rd Party Logistics Companies were relatively unknown.

article thumbnail

History and Evolution of Supply Chain and Logistics

SCMDOJO

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. Reminder of Key Definitions – Logistics & Supply Chain Management. What is Logistics and Supply Chain Management?

article thumbnail

Top 10 Logistics Trends That Could Impact Supply Chains in 2022

Locus

“All great enterprises are about logistics. Not genius or inspiration or flights of imagination, skill or cunning, but logistics.” — Tom McCarthy. This was majorly due to their inability to understand and adapt to the changing logistics trends. A decade back these developments in logistics might have seemed impossible.