ShipBob

FEBRUARY 3, 2023

By monitoring particular metrics over time across your online sales, in-store sales, and operations, you’ll gain quantitative insights into your business performance. A retail KPI (or “Key Performance Indicator”) refers to a quantifiable metric used to measure how a retail business is performing. Why are retail metrics important?

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

Logility

JANUARY 26, 2017

The second part of Drucker’s quote, “if you can't measure it, you can't improve it,” really brings home the importance of having the right set of metrics. In the field of supply chain management, we have created an abundance of metrics and key performance indicators (KPIs). requires a different set of metrics.

Procurement Analytics 100

Procurement Analytics Metrics Supply Chain Planning Software Gartner 100

Supply Chain Shaman

FEBRUARY 18, 2021

More and more cargo shifted to ocean transport until the container imbalances resulted in issues with “rolling the freight” from ship to ship despite confirmed bookings. Dwell times grow as more and more ships sit in the ocean waiting to unload. Watermelon Metrics Don’t Drive The Right Results.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 278

Unleashed

APRIL 9, 2024

To measure how effective a company is at delivering complete orders on time, you can use the aptly named On Time in Full (OTIF) metric. OTIF meaning On Time in Full (OTIF) is a supply chain management metric that tracks a supplier’s ability to meet delivery promises. Why is OTIF an important supply chain management metric?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Waste Reduction Cost Reduction Strategies 52

Supply Chain Shaman

APRIL 18, 2023

As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack. The ride is uphill, but the visibility is low. What is normalcy? However, variability and global unrest is rising.

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 374

Logistics Viewpoints

JUNE 19, 2023

In dynamic slotting, goods for which there is high demand are located nearer to the shipping docks to minimize travel. It is better to receive inventory on a loading dock, take the inventory needed for a hot shot shipment, and move that inventory through the DC to a shipping dock where it is loaded on a truck.

Supply Chain Design Software 237

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Optimization Software 237

Zipline Logistics

OCTOBER 13, 2020

Collect shipping or customer pick-up (CPU) delivery options are an often promising solution for brands working with large, nationwide retailers. . Before we dive into why retaining control of your supply chain and utilizing delivered pricing agreements is beneficial, we will first look at the basics of retail shipping options. .

Vendor Strategies 52

Vendor Strategies Price Reduction Shipping Expense Reduction 52

ToolsGroup

DECEMBER 16, 2021

In his book, Lean Retail & Wholesale , professor and author Paul Myerson defines the shift towards lean retail as “a dramatic change in the way products are ordered and distributed that is far more data-centric and focused on understanding and meeting customer demand.” The impact of lean retail on supply chain management.

Agile and Lean Supply Chain 156

Agile and Lean Supply Chain Lean Retail Supply Chain Planning Software 156

SYSPRO Smarter ERP

MAY 29, 2023

Key metrics that will indicate if marshalling is needed relate to picking and shipping. Key metrics that will indicate if marshalling is needed relate to picking and shipping. Marshalling can reduce returns caused by either the incorrect goods being shipped or the goods being faulty.

Warehousing 98

Warehousing Material Savings Expense Reduction Cost Reduction Strategies 98

Supply Chain Shaman

AUGUST 12, 2020

Heavily booked and running from meeting to meeting, I was late. The topic of the meeting was the logistics to launch of the AMR Research Top 25. As a research leader at AMR Research when I voiced the concern for a more rigorous peer group analysis in prior meetings, I hoped for a better outcome. The result? The reason?

Gartner 235

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 235

Supply Chain Game Changer

AUGUST 21, 2022

A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. These materials were then transferred to barges and rail cars for delivery, and finally to terminals where they were packaged into shipping containers for final delivery by rail.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

Silvon Software

MARCH 3, 2023

Having a strong Sales & Operations Planning (S&OP) strategy ensures that your forecasts, raw materials availability and production capacity all match up and that the factory floor can meet its defined deadlines. Delivery metrics can vary in terminologies, measurement methods, and variables from one company to the next.

S&OP 102

S&OP Procurement Analytics Supply and Demand Analytics Software 102

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. To thrive in this ever-evolving landscape, shippers must embrace a flexible and responsive approach.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

OptiProERP

APRIL 25, 2023

However, with so many metrics to track, it can be overwhelming to know where to start. Shipping Time The time it takes to ship an order from the warehouse to the customer. This metric can help you identify potential bottlenecks in your supply chain and improve your shipping process. Order Management KPIs 1.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Inventory Reduction Expense Reduction Manufacturing 52

GlobalTranz

OCTOBER 2, 2017

According to Mitchell’s NY , last mile logistics is seen as the least efficient leg of shipping, and it accounts for up to 20 percent of the total shipping cost of a product. Companies must think of unconventional solutions to meet last mile delivery demands, like Uber, Instacart or Deliv. Be Consumer-Centric.

Inventory Reduction 363

Inventory Reduction Cost Reduction Strategies Logistics Network Optimization Software Supply Chain Strategy 363

Supply Chain Shaman

DECEMBER 28, 2020

The problem is that the manufacturing lines are 125% utilized, and there is an ongoing struggle to produce tonnage, much less ship the right product from the production lines to customers based on orders. Meeting the market needs of COVID-19 caused organizations to rally, work together, and build a better supply chain through brute force.

Supply Chain Planning Software 411

Supply Chain Planning Software Forecasting Forecasting Software Modeling 411

Unleashed

APRIL 21, 2024

Once confirmed, the ordered items are picked from your inventory, sorted, packed, and shipped to the customer. Picking and packing : Items are collected from their storage location, packed, and prepared for shipping. Shipping: The order is handed over to a delivery service.

Inventory Management Software 52

Inventory Management Software Analytics Software Supply Chain Design Software Demand Planning Software 52

Logistics Viewpoints

DECEMBER 7, 2021

Just two days before Thanksgiving, FreightWaves reported an “all-time-high 93 ships” were waiting there. Despite the epic supply chain problems, some companies have taken big steps to profitably meet consumer demand leading up to and during the busy holiday season. The net effect creates a difficult reality for shippers.

Capacity 191

Capacity Price Reduction Cost Reduction Strategies Inventory Reduction 191

Ware2Go

JANUARY 11, 2022

ATLANTA–( BUSINESS WIRE )–Ware2Go, the UPS (NYSE:UPS) company enabling merchants of any size to offer one- to two-day shipping with its on-demand fulfillment network and integrated tech platform, today announced that it won a 2021 “Green Supply Chain Award” from Supply & Demand Chain Executive (SDCE) magazine.

Modeling 52

Modeling Supply and Demand Demand Planning Software Supply Chain Software 52

ShipBob

SEPTEMBER 13, 2021

But, for merchants either looking to launch a brand or grow their existing online store, it’s no secret that shipping has become more complex and expensive. Luckily, multi-carrier shipping software solutions for 2021 simplify shipping, so that brands can focus on what’s most important — growing their business.

Procurement Solutions 52

Procurement Solutions Supply Chain Network Software Supply Chain Software Supply Chain Design Software 52

Ware2Go

JANUARY 12, 2022

ATLANTA–( BUSINESS WIRE )– Ware2Go , the UPS (NYSE:UPS) company enabling merchants of any size to offer one- to two-day shipping with its on-demand fulfillment network and integrated tech platform, today announced that the company has won a 2021 “Green Supply Chain Award” from Supply & Demand Chain Executive (SDCE) magazine.

Modeling 52

Modeling Supply and Demand Demand Planning Software Supply Chain Software 52

Elementum

AUGUST 3, 2022

Supply Chain Management Process Supply chain management is a set of steps to convert raw materials into the final product to meet customers’ demands. The process aims to maximize companies’ profits and meet the demand for products or services.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Planning 78

OptiProERP

APRIL 9, 2024

Quality Assurance Quality assurance ensures that products meet predefined quality criteria. Shipping and Logistics Once products pass quality checks, they are prepared for shipping. Integration with shipping carriers and real-time tracking systems enables transparency and accountability throughout the supply chain.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 52

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Therefore, it is important to measure how well these suppliers meet the expected high level of quality. can be measured to define this metric. Manufacturing Cycle Time : This metric is most accurately obtained using real-time monitoring with a Manufacturing Execution System (MES). Outbound KPIs. Customer KPIs.

Manufacturing Procurement 105

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

EC Sourcing Group

MARCH 12, 2023

Read more – Procurement Software Guide Metrics for supplier performance analysis Let’s look at some of the key categories and associated metrics that can be used to assess supplier performance. QUALITY: The quality of goods and services provided by the supplier, as well as the supplier’s delivery performance and accuracy.

Procurement Analytics 52

Procurement Analytics Purchasing Skills Procurement Solutions Supply Chain Planning Software 52

crisp

DECEMBER 15, 2021

These ‘ driver metrics ’ can give you an early signal to act on before your outcome is impacted. Reduced OOS is our outcome, but we still need to build out the driver metrics to understand steps leading up to it. 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 Material Savings 98

Supply Chain Game Changer

NOVEMBER 3, 2022

This tool allows you to exchange electronic documents like orders, invoices, and shipping notices via an electronic data network (EDN). For example, if you want to improve customer satisfaction in the supply chain, you could use data analytics to track and measure key metrics like delivery time or order accuracy rates.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Software Negotiate Pricing Negotiating Skills 115

SCMDOJO

MARCH 19, 2024

Analyze performance metrics and implement improvements to enhance efficiency. Coordinate with various departments to meet production and delivery targets. To run the department, a supply chain manager needs certain supply chain metrics and KPIs to improve performance. Optimize inventory levels to meet demand efficiently.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

GlobalTranz

OCTOBER 6, 2021

Finding carriers that meet specific needs and help the company reach supply chain goals provides a competitive advantage within the marketplace. Focusing on the transportation metrics that have the greatest impact on the supply chain can help managers stay attentive to both short-term and long-term goals and needs. .

Prescriptive Analytics Software 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216

GlobalTranz

SEPTEMBER 23, 2021

Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. ? Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.? transportation metrics ?that Carrier Vetting for OTR Freight. today’s freight market, OTR freight services?enable?continued

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

GlobalTranz

DECEMBER 8, 2021

Introduce your company and your unique shipping needs. Ask foundational questions to help you understand a provider’s business capabilities, how they will meet your requirements and their scalability as your company grows. 10 Freight RFP Components for Success. Company background. Objectives and goals. Pre qualification questions.

Freight 226

Freight Network Optimization Software Modeling Supply Chain Planning Software 226

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

The overarching rule that all actions taken are meant to meet the needs of the present society without compromising future generations’ ability to meet their own needs, is a key driver. From just being environmentally friendly, it has become a holistic framework that encompasses the environment, social and corporate governance.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

Precoro

NOVEMBER 13, 2023

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes.

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

GlobalTranz

OCTOBER 5, 2017

Last mile e-commerce, last mile technology, last mile metrics and white glove services make standard shipping conversations seem like child’s play, and the new focus on the last mile is anything but. Shippers’ Last Mile Logistics Strategies Must Evolve to Meet Renewed Demands. Strategies Must Consider the Big and Small Stuff.

Logistics Network Optimization Software 142

Logistics Network Optimization Software Logistics Supply Chain Software Supply Chain Strategy 142

Logility

OCTOBER 7, 2021

Furthermore, life sciences products have high standards for production, storage, shipping and delivery. To meet these challenges, many inside the industry and also those who serve it have become focused on agility-through-digitization, and for good reason. It also reduces carbon dioxide emissions by about 100,000 metric tons.”.

Supply Chain Design Software 130

Supply Chain Design Software Optimal Sourcing Pharmaceutical Supply Chain Optimization 130

Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Shipping items back and forth creates needless greenhouse gas emissions, and only 54% of all packaging gets recycled.

Supply Chain Planning Software 192

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 192

Unleashed

MARCH 28, 2023

This article looks at nine crucial order management performance metrics to start tracking in your organisation. This ranges from the IT systems used to process an order right through to warehouse management, shipping, returns and refunds, and customer service. What is order management? Improved cash flow.

Procurement Analytics 52

Procurement Analytics Metrics Purchasing Skills Cost Reduction Strategies 52