GlobalTranz

JULY 13, 2015

Throughout the supply chain, the use of metrics to track and understand processes provides an invaluable resource for ensuring increased production and customer satisfaction. What Distribution Center Metrics Need Tracking? However, the most important metrics can be categorized into the following eight areas. On-Time Shipping.

Procurement Analytics 120

Procurement Analytics Metrics Distribution Inventory Reduction 120

Supply Chain Matters

AUGUST 8, 2022

This index complies 27 different variables to include transportation movement and costs, global PMI sub-indexes reflecting delivery times and order backlog. This index was reported as 1.84 reported for June, and 2.59 reported for May. percentage points from the reported reading of 65 in June. PMI reports for July.

Procurement Analytics 52

Procurement Analytics Report Global Supply Chain Software 52

Ware2Go

MARCH 25, 2022

Learn how to build a 2-day ground shipping network that meets customer expectations without hurting your bottom line. It’s no secret that fast shipping is a growing consumer expectation — and thanks to the Amazon effect, consumers are defining “fast” as 1-2 days. Why Most SMBs Don’t Offer 2-Day Shipping.

Shipping 140

Shipping Supply Chain Network Software How To Warehousing 140

QAD

JULY 1, 2021

Maybe you could reduce shipping costs by making more bulk purchases or buying more locally. It can be used to help you simplify, plan, budget, automate and accurately report on your operations. Improving communication between departments and comparing metrics across them. Capturing real-time reporting you can quickly access.

Manufacturing Procurement 89

Manufacturing Procurement Procurement Analytics Cost Reduction Strategies Purchasing Skills 89

Logistics Viewpoints

FEBRUARY 2, 2024

Amazon achieved its fastest-ever global shipping times last year but isn’t resting on its laurels. Department of Transportation, which has selected 37 projects to be given funds made available by the Bipartisan Infrastructure Law’s (BIL) Mega Program and the Infrastructure for Rebuilding America (INFRA) Grant Program.

Cost Reduction Strategies 234

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 234

Logistics Viewpoints

APRIL 21, 2023

And now for this week’s logistics news: Walmart Adds Truck Powered by Compressed Natural Gas to its Transportation Fleet CMA CGM offers $5.5 The vehicle will make its inaugural trip from Indiana to California, where it will be featured at the Advanced Clean Transportation Expo. CMA CGM is offering 5 billion euros ($5.48

Logistics Network Optimization Software 207

Logistics Network Optimization Software Logistics Kenya Supply Chain Planning Software 207

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

APRIL 18, 2023

Yes, we have achieved greater normalcy in transportation. 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.

Supply Chain Planning Software 374

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

The Logistics of Logistics

JUNE 23, 2022

When asked what peak season is, it’s easy to assume the holidays are the only peak shipping season. However, four shipping seasons occur throughout the year and are often regular and expected. That was the case until the ongoing disruptions of the past few years changed the shipping game. Q2: The Produce Shipping Season.

Supply Chain Planning Software 237

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 237

Intelligent Audit

JULY 19, 2022

Regardless of whether a load gets delivered on time with clean bills, or if there is an issue, shippers need oversight and can use OSD reports to ensure they get the right information. . What Is an OSD Report ? An Over, Short, and Damaged (OSD) report provides shippers with data that tracks damaged or miscounted loads.

Report 52

Report Supply Chain Planning Software Predictive Analytics Software Supply Chain Software 52

Supply Chain Collaborator

JUNE 22, 2017

How well does your TMS drive process improvement and efficiency in transportation logistics? The problem seems to be that most shippers don’t know what they don’t know as evidenced by the paltry 11% of shippers who say they achieve visibility via their TMS solution in a recent American Shipper report. Tendering Metrics.

Negotiating Skills 78

Negotiating Skills Report Shipping Supply Chain Software 78

Intelligent Audit

NOVEMBER 3, 2022

On the transportation end of supply chains, shippers adapt to the transportation needs at any given time to ensure this part of the supply chain continues as well as possible. This is why transportation network optimization is important. What Is Transportation Network Optimization?

Network Optimization 52

Network Optimization Supply Chain Network Software Optimization Software Modeling 52

Intelligent Audit

MAY 6, 2021

Transportation network optim ization is a leading goal for supply chains around the globe. The finance department needs to know what’s happening within transportation and how that impacts costs and capacity to improve transportation spend management performance. Track the Right Performance Metrics. Industry 4.0

Optimal Sourcing 59

Optimal Sourcing Network Optimization Sourcing Strategies Resource Reduction 59

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. It serves as the compass guiding shippers toward efficient, economical, and dependable cargo transport.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

Intelligent Audit

NOVEMBER 5, 2021

In recent years, shipping GRIs among carriers tend to be around 3% to 5% each year. This average shipping rate increase index is a reflection of how carriers look to balance demand with capacity, but it’s not always the same. According to Transport Dive , “Morgan Stanley said in an Oct.

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Inventory Reduction Material Savings 52

Ware2Go

MAY 15, 2023

Learn how to build a 2-day ground shipping network that meets customer expectations without hurting your bottom line. 1 to 2-Day Delivery Is the Expectation It’s no secret that fast shipping is a growing consumer expectation — and thanks to the Amazon effect, consumers are defining “fast” as 1-2 days.

Shipping 52

Shipping Supply Chain Network Software How To Warehousing 52

Intelligent Audit

OCTOBER 26, 2021

Finding ways to keep costs in check often comes down to understanding the various shipping surcharges and how shippers can best avoid them through stronger shipping audits. Even challenges in a singular mode, such as ocean, can have a compounding effect on other modes, including OTR transportation. supply chains.”

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Predictive Analytics Analytics 52

ShipBob

JANUARY 6, 2023

That’s where transportation management systems, or TMS, comes in. In this post, we’ll take a closer look at what a transportation management system is, why it’s important, and how you can choose a provider. What is a transportation management system (TMS)? Transportation management systems can perform a variety of functions.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Supply Chain Network Software Forecasting Software 52

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. For example, let’s say you report an OTIF rate of 95%.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Waste Reduction Cost Reduction Strategies 52

Supply Chain Shaman

NOVEMBER 15, 2021

Today, we are nearing the end of the fourth quarter of corporate reporting. Self-reported projections of the ocean carriers forecast that the industry is posting over $200B in profits. Maersk, the world’s largest container shipping company, reported its best quarter in 117 years, posting a $5.9B What can we learn?

Supply Chain Design Software 278

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 278

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. Managing returns and reverse logistics are another consideration in creating an effective last mile logistics strategy, reports Industry Week.

Inventory Reduction 363

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

GlobalTranz

MAY 24, 2016

Using less-than-truckload for medium-sized shipments is one of the great innovations in shipping. It produces results at a fraction of the cost of full truckload (FT) or small package shipping. Contract negotiation is becoming a major factor in shipping. Access to Intermodal Shipping Options. Contract Negotiation.

Purchasing Training 137

Purchasing Training Negotiating Skills Supply Chain Design Software Forecasting Software 137

Intelligent Audit

DECEMBER 8, 2020

However, not all shipping analytics tools are created equally. As technology advances, companies must consider multiple potential features, platforms, and companies when choosing and applying shipping analytics capabilities across modes, multi-site locations, and more. Creation of Performance Metrics. Data Normalization.

Analytics Software 52

Analytics Software Supply Chain Software Supply Chain Planning Software Logistics Network Optimization Software 52

Intelligent Audit

DECEMBER 29, 2021

Understanding the state of holiday shipping and learnings for the next peak season means realizing that rates are always going to jump-start near Halloween. Any conversation about the state of holiday shipping would be incomplete without discussing ocean freight congestion and shortages. Rail Rates Are Increasing.

Shipping 52

Shipping Los Angeles Houston New York 52

Supply Chain Matters

OCTOBER 12, 2022

This index compiles 27 different variables to include transportation movement and costs, global PMI sub-indexes reflecting delivery times and order backlog. The reported September value of 1.05 The reported September value of 1.05 Report authors indicated that the September decline was quite broad-based. for September.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

Supply Chain Shaman

OCTOBER 13, 2022

While shipping craziness is abating, the issues and implications of the Russian-Ukrainian war, energy shortages in China and Europe, food instability in Africa, and the global water crisis reverberate as disruption after disruption in the supply chain. Last week, Nike reported first quarter 2023 results. We are re-writing the rules.

Supply Chain Planning Software 217

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 217

ToolsGroup

APRIL 1, 2022

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. Following the outbreak of Covid-19, 93% of senior supply-chain executives reported their intent to make their supply chains more flexible, agile, and resilient. How Labor Shortages Have Hurt the Supply Chain.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

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 191

Capacity Price Reduction Cost Reduction Strategies Inventory Reduction 191

GlobalTranz

APRIL 14, 2017

Transportation management systems ( TMSs ) are not a new concept, but where they are hosted now, in the cloud, is still new to the shipping industry. There is a stereotype in shipping; bigger business means low-cost shipping rates and better deals with carriers. You simply log in and go. In a Nutshell.

Analytics Software 122

Analytics Software Forecasting Software Predictive Analytics Software Vendor Strategies 122

Intelligent Audit

DECEMBER 22, 2020

The key to better logistics is a streamlined system that utilizes business intelligence and processes that yield transportation optimization. Companies who ship multiple modes and at a large volume need to consider where the data comes from and how it’s used. The Challenges of Limited Transportation Technology and Data.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Analytics Software Supply Chain Software 52

Intelligent Audit

NOVEMBER 17, 2020

Shippers should expect a surge in shipping volumes and tight capacity due to a historic rise in e-commerce transactions. These factors are driving shipping costs higher and shippers need to prepare. According to Supply Chain Dive , shipping “prices have fluctuated wildly. The costs of limited shipping data are high.

Cost Reduction Strategies 52

Cost Reduction Strategies Prescriptive Analytics Software Shipping Resource Reduction 52

Intelligent Audit

MARCH 23, 2021

Many factors play into shipping costs within the supply chain network. Optimizing shipping costs and examining the budget and current spending will help improve operations across the supply chain network. . An application programming interface (API) is a specially designed dashboard that monitors shipping costs and processing requests.

Optimal Sourcing 52

Optimal Sourcing Analytics Software Optimization Software Cost Reduction Strategies 52

Silvon Software

MARCH 3, 2023

A Few Important KPIs for Tracking S&OP Performance As a long-time provider of business intelligence applications for manufacturing and distribution businesses, Silvon has played a key role in helping our clients define and implement performance metrics that align their S&OP initiatives with their corporate goals. logistics firms).

S&OP 102

S&OP Procurement Analytics Supply and Demand Analytics Software 102

Talking Logistics

APRIL 29, 2015

Unfortunately, many retailers are jumping in without a plan — that is, they are taking a short-term, silo’ed approach to transportation sourcing and execution, and as a result, are failing to meet their desired outcomes. And, what are some of the key factors retailers need to consider when developing their transportation plans?

Sourcing Strategies 100

Sourcing Strategies Sourcing Transportation Cost Reduction Strategies 100

GlobalTranz

OCTOBER 4, 2017

These questions reflect why technology and effective transportation management, including the use of a transportation management system (TMS) and the Internet of Things (IoT), is key to the efficient execution of last mile delivery and service. Use a TMS That Handles Last Mile Demands Too. Technology must function 24/7.

Analytics Software 120

Analytics Software Demand Planning Software Optimization Software Logistics Network Optimization Software 120

Logility

JANUARY 12, 2021

There are many ways to view data, but those that are particularly useful in supply chain analytics are reporting, score carding, dashboarding and benchmarking. Reporting and Score carding. The simplest form of looking at data is the all-too-familiar reporting. Benchmarking.

Prescriptive Analytics Software 131

Prescriptive Analytics Software Supply Chain Planning Software Analytics Software Predictive Analytics Software 131

OptiProERP

APRIL 9, 2024

Shipping and Logistics Once products pass quality checks, they are prepared for shipping. Efficient logistics management is crucial to coordinate transportation, track shipments, and manage delivery schedules. Continuous improvement initiatives help enhance product quality and customer satisfaction.

Optimal Sourcing 52

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