KPI Supply Chain: Parcel Metrics to Track and Boost Peak Season Value

Cerasis

The post KPI Supply Chain: Parcel Metrics to Track and Boost Peak Season Value appeared first on Transportation Management Company | Cerasis. Peak Season Small Package Supply Chain KPI supply chain

KPI 234

The Most Important Distribution Center Metrics to Track and Understand

Cerasis

Throughout the supply chain, the use of metrics to track and understand processes provides an invaluable resource for ensuring increased production and customer satisfaction. Additionally, the use of metrics fosters positive relationships with coworkers and adherence to rulesets and best practices for the respective third-party logistics provider (3PL). What Distribution Center Metrics Need Tracking? What distribution center metrics are you tracking or are not listed here?

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

Is the Package Under your Tree?

Supply Chain Shaman

Could your package be delivered by taxi? Cabs in San Francisco are delivering packages in their trunks using an application called FlyWheel and manufacturers are experimenting with Uber. Some of the packages on the trucks moving right now are the first shipments of Metrics that Matter. So, if your doorbell rings, with your copy of Metrics that Matter, think about the importance of logistics this holiday season. Details matter. Execution is essential.

Why Parcel or Small Package Auditing Is Important for Shippers

Cerasis

However, some continue to refute audits, but take a look at what could be going on in your operation without small package auditing. Shippers May Be Overpaying, Which Affects Small Package Auditing. Shippers pay up to 5 percent more when small package auditing is not completed, explains Jared Fisher of PARCEL Media. As a result, the overall cost of shipping a small package may be significantly lower than originally determined. Small Package

Metrics and Issues to Consider in SQM (Supplier Quality Management) By 5 Big Industries

Cerasis

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. In today’s post, Chuck will take it a step further and break down metrics and issues to look out for by 5 main industries: Pharmaceuticals. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site.

Which Metrics Matter? Interview with Philippe Lambotte

Supply Chain Shaman

My journey to understand supply chain Metrics That Matter started three years ago. Balance: The ability to balance a portfolio of metrics to maximize market capitalization and free cash flow. The early results from the ASU study will be featured in the book Metrics that Matter and it will be the core of the upcoming Supply Chain Global Summit on September 10-11, 2014 in Scottsdale AZ at the Phoenician. (We How do you balance metrics ? .

Measuring Up?

Supply Chain Shaman

The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. We find that companies can improve one, but not two of the metrics. Teams struggle to drive improvement in both metrics at the same time. We term these the Supply Chain Metrics That Matter because they have a higher correlation to market capitalization.). C2C is a compound metric of receivables plus inventory minus payables.

Common Sense Warehouse Performance Metrics for Supply Chain Benchmarking

Logistics Bureau

Some Common-sense Warehouse Benchmarking Metrics. In this post, you can discover some common-sense warehouse metrics that should probably be included in your project, regardless of whether you are benchmarking internally or externally. We’ll begin with a few metrics relating to cross-functional/cross-enterprise order-fulfilment performance—typically known as “perfect order” measurement. Correctly packaged in the right quantity.

E2open Holds User Forum on New On-time In-Full (OTIF) Package

E2open

E2open Holds User Forum on New On-time In-Full (OTIF) Package. E2open has already partnered with customers to develop a capability to accommodate these new on-time in-full (OTIF) metrics. See What We Have” user group session for users to discuss their understanding of Walmart’s new OTIF compliance program and review what metrics/tools are available to assist them in their management of the program. alyssa. Monday 3 April 2017. Will Thomas, VP of Sales, E2open.

E2open Holds User Forum on New On-time In-Full (OTIF) Package

E2open

E2open Holds User Forum on New On-time In-Full (OTIF) Package. E2open has already partnered with customers to develop a capability to accommodate these new on-time in-full (OTIF) metrics. See What We Have” user group session for users to discuss their understanding of Walmart’s new OTIF compliance program and review what metrics/tools are available to assist them in their management of the program. alyssa. Monday 3 April 2017. Will Thomas, VP of Sales, E2open.

E2open Holds User Forum on New On-time In-Full (OTIF) Package

E2open

E2open Holds User Forum on New On-time In-Full (OTIF) Package. E2open has already partnered with customers to develop a capability to accommodate these new on-time in-full (OTIF) metrics. See What We Have” user group session for users to discuss their understanding of Walmart’s new OTIF compliance program and review what metrics/tools are available to assist them in their management of the program. alyssa. Monday 3 April 2017. Will Thomas, VP of Sales, E2open.

Why Financial Reengineering Does Not Equal Supply Chain Improvement

Supply Chain Shaman

Snow fell last night as I worked on my last Supply Chain Metrics That Matter report. The concept of the Effective Frontier is that best in class companies align functional metrics to balance growth, cost, inventory and Return on Invested Capital (ROIC) performance while balancing customer service metrics. Ironically, most companies are very entrapped in measuring and rewarding functional metrics which degrades overall improvement. Cash-to-cash is a compound metric.

Driver Shortage Concerns? Start with Bringing Packaging Efficiency to Your Shipments

CHAINalytics

| By Rich Lindgren | Senior Packaging Engineer, Packaging Optimization | Chainalytics | Anyone monitoring transportation and long haul trucking rates understands just how much the current driver shortage presents real problems for shippers. Despite the inability to see the metrics … The post Driver Shortage Concerns? Start with Bringing Packaging Efficiency to Your Shipments appeared first on Chainalytics.

The Better Goal: More Fuel Efficient Trucks or Using Fewer Trucks?

Talking Logistics

According to the press release : The proposed standards are expected to lower CO2 emissions by approximately 1 billion metric tons, cut fuel costs by about $170 billion, and reduce oil consumption by up to 1.8 That cut packaging weight by 28% and allowed IKEA to fit 128 lamps on a pallet that previously took just 80. The move translated into a package size that is 50% smaller, removing 7,477 trucks from the roads annually , and a price tag that is 14% lower.

Looking Beyond Red Arrows

Supply Chain Shaman

It is hard work to maintain the status quo in metrics performance. A balanced portfolio of metrics delivers the greatest value. Companies balance supply chain metrics better in good times than bad. Reader’s note, the way to reach this chart is to first identify the average value for the metric for the period of 2010-2016. A green arrow represents improvement while a red arrow indicates a deterioration in metrics performance.

Why I No Longer Believe in the Gartner Supply Chain Top 25

Supply Chain Shaman

The AMR Top 25 was the first methodology that tried to connect financial metrics with supply chain excellence. It elevated the discussion on supply chain excellence and drove more discipline and rigor in the use of financial metrics. See how different the progress is on this metric by industry? The retail sector formula has far different metrics than the chemical industry. That’s the chemical industry, medical devices and packaged food.

What Is the Value of a Scorecard?

Supply Chain Shaman

Consumer packaged goods companies are paid when the goods land in the retailer’s warehouse, not when they cross the register, and trade funds can distort the demand signal. The book, Metrics That Matter , is almost finished. People cannot get enough on metrics. Demand Market-Driven Supply Chain consumer packaged goods consumer value networks retail retail scorecards It is about the right balance of the carrot and the stick. Progress happens when you measure.

Go Boldly Together: Takeaways from Nulogy xChange 2018

Talking Logistics

Nulogy’s CEO, Jason Tham, kicked off the event by talking about courage and why it’s so important today for consumer packaged goods companies (“brands”) and their contract manufacturing partners (“suppliers”). Patrick McGovern (Bell-Carter Packaging).

Tips for Retailers (And All Shippers) to Overcome the Amazon Effect

Cerasis

retailers conducted by NRF and Forrester Research surveyed the key metrics of 195 apparel, footwear, general merchandise, home furnishings and personal care retailers, and determined that the average cost to fulfill an order is $10 (shipping + fulfillment costs). Freight Logistics Omnichannel Small Package amazon effect

Retail 169

How Can Paper Producers Rise to the Production Challenge?

USC Consulting Group

According to the piece published in North Carolina State University journal BioResources, the growth in demand for pulp and paperboard thus far in 2020 has been unprecedented, with production topping 419 million metric tons and consumption reaching over 423 million metric tons worldwide. “During the COVID-19 outbreak, corrugated packaging materials are essential for the transport of food, medicines, and medical equipment,” the authors wrote.

Logistics Key Process Indicators (KPIs)

The Logistics of Logistics

A KPI is an indicator (a metric) that you have chosen, and agreed with your partners and or customers, that will determine whether you are meeting your critical success factors. Key Process Indicators vs. Metrics. I sometimes use the terms KPI and metrics interchangeably, but they are not the same. A metric is any standard of measurement (number of carriers, inventory turns, average shipment weight, etc.). Only the most important metrics can grow up to become KPIs.

KPI 186

Syndicated Data for CPGs

SupplyPike

Category Consistency: Application of OVT does away with almost 20% discrepancy between a category advisor’s custom hierarchy metrics and Walmart’s parameters of performance. Consumer packaged goods companies can use syndicated data to view how their products are doing at the store level, which in turn, helps them drive consumer shopping habits. SupplyPike has developed tools that utilize Walmart data to provide deep analyses into sales and forecast metrics.

Data 46

Replenishment 201: Monitoring Store-Level Inventory

SupplyPike

Instocks are an incredibly important metric to keep track of as well. There are three instock metrics to keep in mind: Current Instock Percent: measurement of valid stores that have at least one unit on hand Current Replenishable Instock Percent: measurement of daily forecasted demand against current on hand store inventory. These metrics will help you examine your instocks on a corporate level. Learn: How a product is determined to be replenishable. How to measure instocks.

Jeff Bezos v the World: Why All Companies Fear 'Death by Amazon'

Supply Chain Brain

Business Strategy Alignment Global Supply Chain Management Quality & Metrics SC Analysis & Consulting Supply Chain Security & Risk Mgmt. Apparel Consumer Packaged Goods E-Commerce/Omni-Channel Food & Beverage High-Tech/ElectronicsAt $19.99 a pop, the laptop stand combines everything customers love about Amazon: utility, price and convenience.

Introducing a Cryptocurrency for the Food Supply Chain

Supply Chain Brain

Consumer Packaged Goods Food & Beverage Global Supply Chain Management Global Trade & Economics Supply Chain Security & Risk Mgmt. Quality & Metrics All Technology Supply Chain Visibility SC Finance & Revenue Mgmt. This time, it’s designed for the food supply chain, with an emphasis on achieving transparency and security between partners. The creator of the “token” is OriginTrail , a Slovenian I.T. company specializing in traceability and quality-control systems.

Food 40

WMS and Cycle Counting: How to Reach Inventory Management KPIs

Veridian Solutions

A Guide to the Warehouse Metrics Supply Chain Execs Should Track. The carrying cost of inventory KPI should also consider added expenses, like labor costs to manage inventory, insurance, and both packaging and shipping costs. As a result, Warehouse Managers may need to integrate picker performance metrics with this KPI. Metrics and KPIs Warehouse Management

KPI 43

History Repeats Itself Without Supply Chain Leadership

Supply Chain Shaman

We had a choice to either install newer high-capacity machines for the Jell-O lines (CM Bartelts) running at over 1500 packages/minute or slower, more flexible equipment (IM Bartelts) at a rate of 650 pouches/minute. The second step is to align metrics to the strategy.

The Best LTL KPI for Measuring Freight Damage

The Logistics of Logistics

Damaged packaging, small scratches, and loose pieces are all upsetting to the receiver and the end customer so they should be documented and measured, even if there isn’t a freight claim filed. If freight damage is over 1%, there is something seriously wrong with the packaging, loading / unloading process or the carrier. White Paper: The Essential Guide to LTL Shipping Improvement: Action Plan and Metrics for Rapid Transformation.

KPI 100

LTL Carrier Scorecard with Key Process Indicators (KPIs)

The Logistics of Logistics

Key Process Indicators vs. Metrics. A metric is any standard of measurement (number of carriers, inventory turns, average shipment weight, etc.). A key process indicator (KPI) is a metric that you have chosen that will give an indication of your performance and can be used as a driver for improvement. This means that while all KPIs are metrics, not all metrics are KPIs. Only the most important metrics can grow up to become KPIs.

KPI 116

Navigate Shipping Landscape with Proactive Analytics

Talking Logistics

Realizing in January that 50,000 one-pound packages were all dimensionally billed as though they were 15 pound packages during peak season cannot get you your money back. The reality is that most carriers do not invoice as soon as a package has shipped. Consider this: If you run data today for shipments that shipped last week, chances are not all packages have been invoiced yet. Use the Correct Metrics. Therefore, using the correct metrics is crucial.

Actionable Insights: Operating Expenses

QAD

For example, it’s obvious to most people that the cost of components on the bill of materials is part of the product cost, but what about other costs such as cutting oils that help equipment run more smoothly, or packaging for shipping the finished product? QAD Action Centers provide analytics to help both managers and users monitor metrics and KPIs. Which KPIs and metrics are most important to your organization?

KPI 87

My Parcel Invoice Said What?! Why Parcel Invoice Auditing Software is Paramount in your Logistics Technology Stack

Cerasis

Cerasis Small Package Auditing service can check past packages for late delivery, incorrect manifests, verification of addresses, validation of addresses, weekend pickup and delivery, dimensional weight costs, duplicate billing, lost packages and much more, which go back to its primary processes and benefits. Gain Control Small Package Process Through Metrics, KPIs and Enhanced Accounting Features. Logistics Small Package Technology

Inbound Parcel Freight: What Are the Top Considerations for a Shipper?

Cerasis

Shippers should begin tracking inbound freight metrics , especially among inbound parcels. Key metrics to track include average shipping time, cost, delays, instances of incorrect billing, and compliance with the inbound routing guide. Depending on the terms of insurance coverage, claims management must begin with X number of days from delivery, or missed delivery in the case of lost packages. Freight Logistics Small Package Transportation Management Inbound Parcel Freight

Congratulating the Supply Chains to Admire Winners

Supply Chain Shaman

It is now our fifth year of analyzing balance sheets to understand which companies are outperforming their peer groups on the metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC) while driving improvement.

Upcoming Changes to Walmart On Time in Full (OTIF) Program: What You Need to Know

CH Robinson Transportfolio

Suppliers will be held to the current compliance metrics through September 14, 2020, and new metrics and financial penalties for non-compliance begin on September 15, 2020. Packaging. In this ever-changing marketplace, consumer and retailer demands are constantly evolving.