Taulia

JUNE 12, 2023

Blog Expert Advice 8 min read 12 Jun 2023 By Taulia Share: Share via linkedin Share via twitter Share via facebook Share via email Copied Copy page URL to clipboard 10 supply chain KPIs and metrics to track We’ve listed the 10 top supply chain KPIs you can use to measure your supply chain performance and find opportunities for optimization.

Procurement Analytics 52

Procurement Analytics Metrics Supply Chain Software Inventory Reduction 52

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.

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Procurement Analytics Metrics Distribution Inventory Reduction 120

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

Locus

JANUARY 10, 2024

We’ll look at four strategies to optimize shelf replenishment, reducing stockouts, improving inventory management, cutting waste, and boosting productivity. Now that we understand what efficient shelf replenishment entails, let’s dive into how to put these strategies into action!

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Resource Reduction Waste Reduction 52

Locus

NOVEMBER 28, 2023

Incorrect Order Shipped: 41% of customers returned their order due to it being a wrong one. Shipping the wrong product can be fixed by optimizing the package sorting process. It is vital that shippers optimize the below metric to success in their overall growth. Better product handling should be done to reduce this issue.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Price Mitigation Strategies Reverse Logistics 52

GlobalTranz

MAY 12, 2016

Take a look at how a business can use technology, metrics, and services to improve transportation processes, which range from supplier shipping to route optimization. Businesses are often left with questions about the origination of such data. Download the KPIs E-Book by Filling out the Form Below!

Metrics 120

Metrics Logistics Network Optimization Software Supply Chain Optimization Supply Chain Strategy 120

Supply Chain Shaman

NOVEMBER 21, 2023

The warehouse I ran just completed a consolidation of three shipping centers. So, I was always struggling on a daily basis to establish a feasible plan to ship 180 trucks out of 22 doors in a twenty-four-hour operation. The metrics were not aligned. What Is Strategy? I was a pawn. I fought a losing battle.

Supply Chain Planning Software 313

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Cost Reduction Strategies 313

Unleashed

DECEMBER 21, 2023

Keep reading to uncover the risks and challenges of inventory management , learn about the types of solutions available, and discover some of the most effective inventory management strategies in modern business. Perpetual inventory software systems enable real-time tracking of key metrics, including your current stock on hand value.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

RFgen

APRIL 18, 2023

Shipping accuracy is an important aspect of any business that relies on delivering products to customers. Your ability to ship accurate orders to the right destination directly impacts profitability. Misships, or incorrectly shipped items, can lead to customer dissatisfaction, increased costs, and damage to your brand.

Optimization Software 52

Optimization Software Supply Chain Planning Software Inventory Management Software Supply Chain Software 52

Supply Chain Game Changer

FEBRUARY 19, 2020

Shipping Zones article originally published by, and permission to publish here provide by Jake Rheude at redstagfulfillment.com. Carriers such as FedEx, UPS, and USPS use shipping zones to determine the shipping cost of a package. ECommerce businesses need to pay attention to shipping zones. Shipping Zone Definition.

Negotiating Skills 96

Negotiating Skills Price Reduction Cost Reduction Strategies Shipping 96

Supply Chain Shaman

FEBRUARY 18, 2021

Initially, the output was published to procurement to design strategic buying strategies. 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. Watermelon Metrics Don’t Drive The Right Results.

Supply Chain Planning Software 267

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 267

Supply Chain Shaman

AUGUST 11, 2016

I want to understand why some companies outperform on the Supply Chain Metrics That Matter while others do not. About twice a month, companies ask me to review their strategy documents. Frequently, I see the goal of “build a customer-centric strategy” or define an “end-to-end vision to deliver on the customer promise.”

Cost Reduction Strategies 150

Cost Reduction Strategies Inventory Reduction Price Reduction Supply Chain Strategy 150

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. Rationalize global strategies to focus on building markets based on in-market sourcing. What is normalcy?

Supply Chain Planning Software 362

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 362

Logistics Viewpoints

FEBRUARY 2, 2024

UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. Amazon achieved its fastest-ever global shipping times last year but isn’t resting on its laurels. While I like his optimism, I’ll believe it when I see it.

Cost Reduction Strategies 234

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

Supply Chain Shaman

DECEMBER 28, 2020

George’s stated goal was an “end-to-end supply chain strategy,” but the verbage rambled in a non-sensical cycle of monosyllabic industry slang when asked to define it. Educate all of the Georges of the world by getting good at modeling and build asset and inventory strategies based on both bias and error. The So What?

Supply Chain Planning Software 411

Supply Chain Planning Software Forecasting Forecasting Software Modeling 411

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

Cost Reduction Strategies Analytics Software Price Mitigation Strategies Supply Chain Planning Software 52

Supply Chain Shaman

SEPTEMBER 20, 2015

When I hear companies discussing the implementation of a customer segmentation strategy, I ask a series of questions: Who is your customer? What are you trying to accomplish through the execution of a customer segmentation strategy? SanDisk’s Journey to Build a Supply Chain Customer Segmentation Strategy. It is systemic.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Intelligent Audit

MAY 6, 2021

For example, shippers can turn to transportation analytics platforms to know when to consolidate, using technology to create “what if” based scenarios to visualize the financial and service impact expected when implementing these strategies. Track the Right Performance Metrics. Download the White Paper.

Optimal Sourcing 59

Optimal Sourcing Network Optimization Sourcing Strategies Resource Reduction 59

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. Carrier capacity management strategies ease the crunch.

Capacity 191

Capacity Price Reduction Cost Reduction Strategies Inventory Reduction 191

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

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

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. At the heart of it all, an effective procurement strategy remains paramount.

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

Supply Chain Shaman

AUGUST 14, 2016

The client leaned across the table and asked, “Is a customer-centric supply chain strategy the same as a demand-driven supply chain strategy?” Drawing from the Whiteboard: Building Customer-Centric Supply Chain Strategies. It had been a long night. However, I had little time to be tired. ” I smiled.

Material Savings 178

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 178

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

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. Ocean Freight Shortages Abound. late rate.

Shipping 52

Shipping Los Angeles Houston New York 52

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. But simply putting an S&OP strategy in place isn’t enough. logistics firms). Delivery date.

S&OP 102

S&OP Procurement Analytics Supply and Demand Analytics Software 102

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

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

GlobalTranz

NOVEMBER 30, 2021

When you track transportation metrics and KPIs like transit time, on-time pickups, and percent of truckload capacity utilized across your carrier partners, you can identify trends and opportunities for streamlined OTR transportation management. a shipment?doesn’t OTR transportation optimization?is Automate Redundant Processes.

Optimal Sourcing 221

Optimal Sourcing Rail Software Transportation Sourcing Strategies 221

SYSPRO Smarter ERP

APRIL 24, 2023

This process involves multiple stages, including receiving the order, getting parts and materials, manufacturing or assembling the items, picking and packing in the warehouse, shipping, and tracking the shipment to ensure successful delivery. The post How an ERP can help order fulfilment appeared first on SYSPRO Blog.

Optimal Sourcing 105

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Modeling 105

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

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

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

SCMDOJO

MARCH 19, 2024

In essence, a structured supply chain department as described in the blog can help you deliver the right supply chain strategy and goals which helps cost reduction, improve customer service, on-time delivery, and better working capital. Analyze performance metrics and implement improvements to enhance efficiency. Grab yours now!

Optimal Sourcing 79

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 79

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. Get tactical with your sales strategy. Optimise your customer retention strategy. 5 tactics for fattening your profit margins Increase average order value (AOV) with enticing offers.

Waste Reduction 52

Waste Reduction Price Reduction Inventory Reduction Cost Reduction Strategies 52

Supply Chain Insights

JUNE 1, 2017

The implementation of a common ERP system seems to often be thought of as a necessary step to be able to have visibility to the supply chain – how much product is being made/shipped and when, how much product is there on hand at any given time, when did certain transactions happen (root cause investigations), etc.

Supply Chain Strategy 161

Supply Chain Strategy Supply Chain Software Price Mitigation Strategies Supply Chain 161