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10 Multimodal Metrics to Track for Transportation and Shipping

Cerasis

Complexity and precision data within the transportation and shipping industry require refinement in measuring and recording metrics. That is where multimodal metrics that leverage transportation data can make all the difference. Uncategorized multimodal metrics

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? On-Time Shipping.

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Omnichannel Supply Chain Metrics: What Should Supply Chain Leaders Measure?

Cerasis

There is no easy way to say it; single-channel retail is dead. The answer lies using these omnichannel supply chain metrics to carefully track and improve operations continuously. This is a simple key performance indicator (KPI), another name for metrics, to track. The Fill Rate is a complex metric that considers the average window of delivery, percent of on-time delivery and accuracy of delivery for all products coming into your warehouse from vendors.

Transportation Sourcing in an Omni-channel World

Talking Logistics

Omni-channel is transforming retail transportation’s supply chain and logistics processes. 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. But what are some of the unintended consequences retailers are experiencing by jumping in without a plan?

Why Collect Shipping Doesn’t Work for CPG Brands

Zipline Logistics

Collect shipping or customer pick-up (CPU) delivery options are an often promising solution for brands working with large, nationwide retailers. . What is Collect Shipping or Customer Pick-Up Pricing?? . Collect Shipping and Loss of Supply Chain Control .

Using Shipping Data for Peak Season Preparedness Relies on Actionability

Intelligent Audit

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.

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Visibility and Control Critical for Supply Chain Success in Post-COVID Retail Environment

Zipline Logistics

The current state of retail . How brands can incorporate logistics best practices to master the challenges of retail delivery . The State of Retail for CPG Brands . OTIF expectations tightening at major retailers . Retailer order trends are changing .

Multichannel Fulfillment & Shipping: Considerations for Wholesale Distributors & OEMs in the Transition From Single Channel Shipping

Cerasis

E-commerce has presented wholesale distributors and original equipment manufacturers (OEMs) with a crown opportunity for growth, but it comes at the cost of transitioning from single-channel shipping. e-commerce retail sales have increased 3.9 Over the last year, average e-commerce sales have increased more than 15 percent, revealing the increasing demand for multichannel fulfillment and shipping. These include: Define shipping solutions and customer strategy simultaneously.

Retail Link – How Does It Help?

SupplyPike

Learn all about: What Retail Link is and who can use it The challenges of Retail Link What reports and tools Retail Link has to offer. Retail Link provides you all this. Retail Link is also a way Walmart monitors its suppliers. With Retail Link, suppliers can handle their own products by tracking their supplier data , involving sales and inventory volume, percentage of stock, trade margin, and inventory turnover. Retail Link Optimization.

Last Mile Metrics: 11 Metrics to Measure in Last Mile Logistics

Cerasis

Using technology to improve last mile metrics is essential to driving last mile costs down, but how do shippers know if the technology is helping or hurting? The answer to this question lies in using last mile metrics to track key performance indicators and target levels of service to ensure accountability, visibility and continued reduction of costs in last mile delivery. Essentially, shippers need to track these 11 metrics. On-Time Deliveries Are King of Last Mile Metrics.

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

Cerasis

There is no doubt, that the retail landscape is increasingly looking like an online one as traditional brick-and-mortar retailers, such as Toys R Us, Foot Locker, and Best Buy mobile shutter hundreds of stores unable to keep up with the changing customer that wants fast, free delivery all with just a click of a button. Despite some struggles, retail as a whole had a solid 2017, as total sales reached $3.5 The State of Retailing Online (SORO) survey of U.S.

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Which Metrics Matter? Interview with Philippe Lambotte

Supply Chain Shaman

My journey to understand supply chain Metrics That Matter started three years ago. We are currently mapping the progress of all public manufacturing, distribution and retail companies on three factors: Strength: Year-over-year improvement on operating margin and inventory turns for the past six years. Balance: The ability to balance a portfolio of metrics to maximize market capitalization and free cash flow. How do you balance metrics ? .

Overcoming Retailers Delivery Requirements with Data Reporting

Transplace

Overcoming Retailers Delivery Requirements with Data Reporting . Within the last few years, the rise of omni-channel fulfillment has dramatically impacted the retail industry and its vast supply chain networks. To overcome the challenges presented by these evolving expectations, major retailers are also evolving their business processes and increasing delivery requirements to keep pace with customer demand and gain a competitive advantage.

The Top 10 Transportation Management Systems

The Logistics of Logistics

The Top 10 Transportation Management Systems. Each year as businesses of every size and industry fight to broaden market share the same old questions haunt the boardrooms, “How can we reduce transportation costs? The answer almost always requires close scrutiny of a companies supply chain infrastructure and the status of its Transportation Management System (TMS). Transportation Management Systems. JDA Transportation Manager.

What Is Retail Consolidation & Is It Right for You?

CH Robinson Logistics

What Is Retail Consolidation & Is It Right for You? Handling ever-changing retailer requirements can be overwhelming—especially if you’re working with multiple retailers across the country or the world. If you’re currently shipping less than truckload (LTL) or underutilized truckload freight, a retail consolidation program might be the answer you need. What is a retail consolidation program? Retailer compliance programs are unique to each company.

What Is Retail Consolidation & Is It Right for You?

CH Robinson Logistics

Handling ever-changing retailer requirements can be overwhelming—especially if you’re working with multiple retailers across the country or the world. If you’re currently shipping less than truckload (LTL) or underutilized truckload freight, a retail consolidation program might be the answer you need. What is a retail consolidation program? This helps meet any retailer compliance programs that may exist. How a strategic retail consolidation program works.

Omnichannel Retail Requires Close Collaboration with Logistics Providers

Enterra Insights

The next time you feel the need to toast someone, raise your glass to all the supply chain professionals involved in omnichannel retail operations. John McAteer, Vice President of Sales, Retail, and Technology at Google, writes, “In retail, there’s no space for standing still. Empowered by mobile, people can get exactly what they want instantly and effortlessly, and they expect retailers to meet their needs faster than ever before.”[1] Finding the Right Transportation.

Food Trends That Could Have an Impact in 2021

Zipline Logistics

Those cutting-edge technologies are enabling companies to create personalized nutrition plans for users based on biological metrics. Retailers have changed ordering patterns as a response to channel purchasing shifts, and forward-thinking brands have taken note.

21 Vendor Metrics Your Supplier Scorecard Might be Missing

Supply Chain Cowboy

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. Be sure not to penalize or reward suppliers based on your choice of shipping method. Specific Quality Metrics. Transportation Time and Cost.

Walmart OTIF Requirements for Suppliers Increases to 98 Percent

Zipline Logistics

Walmart, often known for being the first mover in the world of retail compliance, is again upping its on-time, in-full (OTIF) standards for brands working with the big-box giant. . The retailer aims to improve vendor supply chain processes surrounding: .

How to calculate safety stock – with formulas and examples

Unleashed

By looking at lead times in this way they will still be a measure of how long it takes you to get stock into your warehouse ready to be shipped out to a buyer. The safety stock formula is used to set ideal stock levels for manufacturers, wholesalers, retailers and distributors.

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

CH Robinson Transportfolio

In this ever-changing marketplace, consumer and retailer demands are constantly evolving. Staying on top of shifting retailer requirements can be challenging—especially if you’re working with multiple retailers. As both a provider and supplier into large, global retailers, C.H.

5 Hot Topics in Home Delivery this Season

Talking Logistics

With the seasonal flood of consumer demand about hit the retail industry, advanced home delivery solutions can play an important role in success. Based on a benchmark study¹ of retailers using home delivery technology in diverse industries worldwide, here’s what companies are actually doing in five key areas to capitalize on the home delivery opportunity. Visibility also gets worse in the absence of a single transportation platform to manage disparate delivery modes.

Optimize Your Freight Spend Without Negotiation

Talking Logistics

Companies across all industries are dealing with rising transportation costs and a key question many CEOs, CFOs, and supply chain executives are asking is, “What can we do to better manage and control our freight spend in today’s market?” It is rare today to read the Wall Street Journal or listen to an earnings call without hearing about the impact of rising transportation costs. The second question we get is what strategies can we implement to lower our transportation costs.

3 Technology Companies Disrupting Shipping

FLEXE

Basically, responsible for ocean freight carriers, ocean ships that rely on truck companies. Shipping a 40-ton container back in July or June used to cost about $700 — a 40-ton container. More than half of Hanjin’s ships were chartered. So the chartering companies are already receiving the ships back and they need to rent them. MSC is interested to charter those ships. Those are indications that they don’t run a tight ship.

Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

By contrast, the third-party logistics model is where a manufacturer retains oversight of its supply chain but outsources such processes as warehousing, shipping, packing, and distribution to a 3PL provider. 3) Ecommerce and Multi-Channel Retail. Organising deliveries to retailers.

3 Easy to Implement Technology Functions of a TMS that Streamline Transportation Management Practices

Cerasis

Here at Cerasis, there are numerous technologies that we offer that are designed to help simplify the way your transportation management practices. Using a Transportation Management System to Streamline Transportation Management Practices. There are plenty of different shipping companies out there, and using a transportation management system to manage all inbound and outbound shipping needs will put those shippers who use one at an extreme competitive advantage.

Publix Vendor Guidelines Updated for On-Time Delivery

Zipline Logistics

It measures on-time delivery performance and tracks metrics through a supplier scorecard given to all vendors working with Publix. . The retailer calculates the percentage of cases received against the number of cases ordered to quantify a brand’s order fill rate. Publix calculates this metric monthly and reported to vendors. . This phenomenon is estimated to cost retailers nearly $1 trillion in annual sales. . Work with Retail Logistics Specialists .

Sam’s Club Updates Appointment Scheduler and OTIF Standards

Zipline Logistics

Brands delivering to the big box store must adhere to OTIF standards to remain in good standing with the retailer. It currently just uses on-time metrics to grade suppliers and the store’s retail buyers can base purchasing decisions on a brand’s delivery performance. Download: Using Data to Drive OTIF and Retail Compliance Success. It is critical to leverage transportation analytics to get the most out of your operation.

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Why is OTIF Important?

SupplyPike

Walmart breaks down OTIF into separate metrics, On Time and In Full. Each metric has its own percentage goal that must be met in order to avoid fines. The metrics that apply to you differ based on whether you manage your own transportation (ie: “ Prepaid ”) or Walmart picks up the product from your warehouses (ie: “ Collect ”). For Prepaid shipping, the percentages are also broken down into the mode of transportation.

7 Ways to Strategically Elevate Freight Procurement

Talking Logistics

Transportation has followed the same evolutionary pattern, moving upstream from day-to-day freight transactions to an integral component of top-level corporate planning and procurement strategy. As a strategic process, transportation procurement may still seem very tedious and challenging. It is easy to understand why strategy is often set aside to meet immediate needs of getting product shipped out the door. Adopt performance metrics for carriers.

How to Improve Your OTIF Score: 15 Tips for On-Time and In-Full Delivery

Zipline Logistics

Logistics is a critical function for CPG suppliers selling into big-box retail locations. Delivering on-time and in-full is essential to success and a metric used by retailers when evaluating partnerships with vendors of all sizes. But first, let’s look at the background of OTIF metrics and why they came to be. Most retailers share monthly or quarterly OTIF scores. The compliance standards are necessary as retailers work to compete with ecommerce.

Fix Your Retail Supply Chain to Make the Last Mile Count

Logistics Bureau

If your company is trading in the fast-paced arena of omnichannel retail , this is one buzzword you really need to pay attention to. We’ll explain how to use your supply chain to improve your last-mile delivery service and make sure it differentiates your retail business from its competitors, depending on whether you plan to compete on cost or quality. Strangely enough, the asset that matters most here is the one which retailers often overlook completely—the human one.

[e-Book] The Ultimate Guide to Last Mile & White Glove Logistics

Cerasis

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. Leveraging Metrics, Shippers Find Better Ways to Excel at Customer Service and Last Mile Services. White Glove Services and Transportation Management at an Extra Layer of Finesse to Last Mile Logistics.

The Importance of LTL Freight Management in your Supply Chain

CH Robinson Transportfolio

Consumers now have higher expectations regarding their purchase experience—convenient pickup and delivery options; an increased demand for accurate, real-time visibility to their order; and easy to use, low cost transportation purchasing options are critical.