Logistics Viewpoints

DECEMBER 7, 2021

Just two days before Thanksgiving, FreightWaves reported an “all-time-high 93 ships” were waiting there. Consumer expectations for cheap and fast shipping continue to climb, and consumers increasingly want to order across borders , only compounding the problems. The net effect creates a difficult reality for shippers.

Capacity 190

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MIT Supply Chain

APRIL 3, 2014

While reliable service and low prices are still important, these metrics have become prerequisites for commercial success. We have a shipping community that is dialed into using technology and trying to make sure that they bid everything electronically.” “When I started customers cared about price and service,” said Wiehoff.

Negotiating Skills 105

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Intelligent Audit

DECEMBER 13, 2021

The global pandemic has changed the transportation and shipping industry in many ways, some of which will linger for years to come. Issues with logistics and shipping capacity continue to haunt supply chain management as experts predict that the shipping bottlenecks and backlogs at big U.S. ports will continue well into 2022.

Shipping 52

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Supply Chain Shaman

AUGUST 12, 2020

I struggled to manage myself as I settled in elbow-to-elbow with the group to listen to the presentation. During the presentation, I squirmed uncomfortably in my seat. The research project analyzed 1200 combinations of 180 metrics for four hundred companies for the period of 2010-2012. The result? The reason? Is this leadership?

Gartner 235

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 235

crisp

OCTOBER 20, 2022

In this guide, we’ll show you what metrics those are, easy ways to find them, and how you can use them to accelerate your brand’s retail growth. Now that you know how to access your retail data easily and often, here are the metrics you’ll want to keep on hand: Velocity. Retail data: A brand’s greatest asset.

Procurement Analytics 98

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Unleashed

APRIL 11, 2024

That’s why AOV is an essential metric to improve. Consider offering volume discounts and free shipping incentives to lift AOV. Operational costs present one of the biggest opportunities for boosting net margins. When shoppers to spend more on each purchase it has a desirable effect on your profits.

Waste Reduction 52

Waste Reduction Price Reduction Inventory Reduction Cost Reduction Strategies 52

Supply Chain Cowboy

MARCH 1, 2015

But is your scorecard missing key metrics? It includes a free Excel template that you can modify to match exactly what metrics you want to measure. While some of these metrics might not apply to your business model, there’s definitely a few to add if they measure something important to you and your customers. Communication.

Vendor Strategies 40

Vendor Strategies Metrics Price Reduction Expense Reduction 40

Logility

JANUARY 12, 2021

There is a continuum in terms of the presentation of data that allows for continuous sophistication in understanding and interpreting data. Factors such as on-time delivery, freight cost per unit shipped, and transit time are assigned metrics and weighted averages to help users determine how well carriers are performing overall.

Prescriptive Analytics Software 131

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The Logistics & Supply Chain Management Society

APRIL 26, 2022

As of January 1, 2022, it was taking a company an average of 73 days to deliver goods to truck or rail carriers after booking with an ocean carrier and completing the cross-ocean journey, according to E2open’s Ocean Shipping Index. Greener Shopping and Shipping: The Rise of Carbon Neutral e-Commerce Delivery. MORE FROM THIS EDITION.

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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

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Intelligent Audit

APRIL 27, 2021

Demonstrating value by measurable performance relies on automated logistics, focused supply chain KPIs , and fine-tuned financial metrics. Late deliveries — customers want fast shipping that is reliable and affordable. Focus on the Metrics. So how does a modern-day supply chain team effectively demonstrate value and performance?

Supply Chain Software 52

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Elementum

SEPTEMBER 6, 2022

Five Supply Chain Management Challenges in 2022 The last two years have caused endless disruptions to supply chains, but have also presented an opportunity to diversify and think creatively. With a growing requirement for raw materials and consumer goods, insufficient shipping capacity exacerbated cost increases.

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Logistics Viewpoints

JULY 27, 2021

As driver pay increases, so does the incidence of drivers jumping ship, switching companies for the next best payday. You can also build metrics to support your hiring practices, making sure you’re paying drivers what they’re worth to inhibit churn, enhance acceptance rates or stem the tide of driver turnover.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Predictive Analytics Software 246

Kinaxis

JULY 13, 2018

In a very provocative presentation, Tricia Wang , a tech ethnographer made a compelling case on why organizations shouldn’t hang their hat on big data alone when it comes to decision making. There was some concern that the role of supply chain gets elevated only when a crisis hits and product cannot ship. So true indeed!

SCM 100

SCM Big Data Predictive Analytics Software Supply Chain Network Software 100

Supply Chain Shaman

OCTOBER 8, 2019

The presentations from the Summit are posted now on the Supply Chain Insights You Tube Channel. No metric should be measured in isolation, and functional metrics should be replaced with the balanced scorecard metrics shown in Figure 2. 5 A Focus on Functional Metrics Throws the Supply Chain Out of Balance.

Supply Chain Design Software 183

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Intelligent Audit

DECEMBER 15, 2020

The data is present but lacks value due to a simple inability to act on the right data and make sense of its sheer volume. Mike Griswold, Vice President Analyst at Gartner , had this to say about the value supply chain KPIs and metrics. Tracking that shipping data is critical to avoiding overspend and managing lead times too.

Gartner 52

Gartner Supply Chain Software Supply Chain Optimization Supply Chain Strategy 52

ShipBob

JANUARY 28, 2022

In this article, we break down what inventory KPIs entail, why they matter, and which metrics are most valuable for you to track. . Key performance indicators (KPIs) are the quantifiable metrics companies use to gauge their progress toward a specific goal. . Not sure what those metrics are? Stock availability.

Inventory Management Software 98

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3PL Insights

OCTOBER 24, 2017

For every crate, the journey from shelf to shipping is adjusted and configured through an algorithm. The robots are typically connected to a Robotic Management System (RMS) that integrates data regarding product—what’s high in demand, what needs to be picked and shipped quickly.

Warehousing 112

Warehousing Inventory Reduction Predictive Analytics Software Supply Chain Software 112

GlobalTranz

AUGUST 4, 2015

In order to optimize manufacturing operations, or really just about anything, you need to have at your fingertips the best and most accurate manufacturing metrics around. In today's post, we share 5 Golden Manufacturing Metrics that all manufacturing companies should understand to improve plant operations quality.

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 120

Kinaxis

OCTOBER 17, 2014

Session Title: “End to End Visibility and Supply Planning — Schneider Electric” In Alain’s main stage presentation hear how end-to-end supply chain visibility is key for becoming demand-driven and building value in supply networks. Alain Huillet, SIOP business transformation director, Schneider Electric Industries SAS. Learn more.

Supply Chain Planning Software 191

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Talking Logistics

FEBRUARY 18, 2015

Financial data and visibility into the costs associated with shipping are critical to improving corporate financial performance. Total cost management is just one part of supply chain visibility, but a very important part based on the financial impact that shipping has on the organization. There’s also process improvement.

Supply Chain Visibility 100

Supply Chain Visibility Negotiating Skills Optimal Sourcing Supply Chain Optimization 100

GlobalTranz

JUNE 18, 2015

This presents opportunities for developing new revenue streams, an exciting challenge to logistics professionals. meaningful and accurate performance metrics. TMS software in conjunction with a reverse logistics system provides necessary metrics, including: average travel distance per item. reverse logistic cycle time control.

Reverse Logistics 120

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ThroughPut

NOVEMBER 12, 2020

McKinsey suggests that warehouse operations can be critical in presenting an untapped improvement opportunity in the supply chain. Advance shipping notification. However, this can be avoided by using electronic advanced shipping notifications within the purchase order and inventory management functions. Manage critical KPIs.

Warehousing 52

Warehousing Expense Reduction Inventory Reduction Supply Chain Design Software 52

USC Consulting Group

APRIL 9, 2021

Deployment — Raw data has been fully refined and is now formatted to be used in near-limitless applications, whether represented as metrics, reports, or other digestible and actionable forms. Evaluation — A series of human and machine-driven quality control processes to ensure data is properly mapped and accurately compiled.

Supply Chain Planning Software 52

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Locus

JULY 10, 2023

Read also: Retailer guide to peak season shipping But there’s a catch. Intelligent data at your beck and call: Locus’ advanced analytics capabilities takes the complexity of last-mile data and presents it to supply chain managers as actionable insights. trillion by 2026.

Supply Chain Optimization 52

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Kinaxis

SEPTEMBER 15, 2016

What kept nagging at me though is that the presentations were largely about “righting the ship” rather than “moving from ship to air.” Undoubtedly the most inspirational presentation was by Reuben Slone of Walgreens. It immediately brings home the need for trade-off across competing metrics and objectives.

Supply Chain Planning Software 100

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Unleashed

AUGUST 23, 2023

This means creating efficient systems and workflows, including the handling, storage, and shipping of goods into the warehouse and out to the customer. A common way to design a warehouse is by creating a U-shape, where products are received at one end of the U, stored at the bottom of the U, and shipped for delivery at the other end.

Warehousing 52

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GlobalTranz

JUNE 30, 2017

In addition, customers are continuing to demand lower prices and free shipping. In other words, manufacturers need analytics from point-of-sale systems, transportation metrics and more. Unfortunately, this means manufacturers face an even greater challenge, as more customers translate into greater use of customer service.

Manufacturing Procurement 205

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BlueYonder

SEPTEMBER 12, 2022

Breaking a promise to consumers has never been more dangerous, as expectations across numerous metrics become more severe and decisive. Is that item available and ready to ship? This complexity – embracing 10, 15, 30 or possibly more capacity metrics – ultimately decides whether execution of fulfillment is possible.

Procurement Analytics 52

Procurement Analytics Real-time Visibility Modeling Just-in-Time 52

GlobalTranz

OCTOBER 20, 2017

Even custom-built kitchens can now be ordered via Homedepot.com, so the demand for more than just delivery is present, explains Supply Chain Digest. Last mile eCommerce, last mile technology, last mile metrics and white glove services make standard shipping conversations seem like child’s play, and the new focus on last mile is anything but.

Logistics Network Optimization Software 122

Logistics Network Optimization Software Logistics Procurement Analytics Cost Reduction Strategies 122

synchrono

MAY 7, 2018

In any manufacturing environment, delivering what you promised when you promised is good business, so measuring this metric makes sense. However, as simple as this metric should be to measure, it can get complicated. Bob in sales promises a customer that their order will be shipped by the 15 th of the month.

Metrics 58

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GlobalTranz

DECEMBER 29, 2014

The manufacturing firm would then have to organise shipping of the defective product, testing the product, dismantling, repairing, recycling or disposing the product. The Ultimate Guide for Effective LTL Freight Management : we put on a 60 minute webinar entitled, “Best Practices for Effective LTL Freight Management and Shipping.”

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

ShipBob

DECEMBER 23, 2021

Online shoppers expect a fast, effortless, and inexpensive experience with your brand, which requires a fulfillment center that picks , packs, and ships accurate orders at lightning speeds. Experience in analyzing metrics and data-driven decision-making. Proven track record of consistently delivering on KPIs. Distribute inventory.

Supply Chain Planning Software 52

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Supply Chain Game Changer

OCTOBER 8, 2019

A truly efficient and effective Supply Chain must include a strategy, plans, business processes, and performance metrics that incorporate disintermediation and the elimination of waste! Think about the typical set of objectives and metrics associated with managing a Supply Chain. Why Disintermediate the Supply Chain?

Waste Reduction 63

Waste Reduction Inventory Reduction Resource Reduction Price Reduction 63

Locus

OCTOBER 17, 2023

These metrics prove to be an early indicator of the future success of NFL players. These metrics come in handy, especially when businesses plan their logistics operations. Similarly, before the peak shipping season, logistics businesses must secure their capacity and ensure the best drivers are available during those unforgiving times.

Cost Reduction Strategies 52

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Taulia

OCTOBER 20, 2021

In today’s challenging market, companies face multiple challenges, from shortages of crucial components to port congestion, high shipping costs, logistics delays and uneven customer demand. While every company will have different priorities, a number of metrics can be used to measure supply chain efficiency.

Sourcing Strategies 105

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Talking Logistics

DECEMBER 21, 2018

Truck Capacity Shortage: The Past, Present and Future. 5 Things to Know Before Negotiating Ocean Shipping Contracts This Year. Secrets of Shipping Leaders: How They Get Better Truckload Service and Pricing. Until then, here’s our final Song of the Week for 2018, “Now Or Never Now” by Metric.

Video 101

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