10 Multimodal Metrics to Track for Transportation and Shipping

GlobalTranz

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

Walmart OTIF Metrics

SupplyPike

We’ve discussed the basics of OTIF and the fundamentals of OTIF before, but we thought we’d drill down deeper into the individual metrics. First, we’ll start by reviewing the basic goals of OTIF, and then we’ll dive into each metric and the compliance issues of each metric.

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The Most Important Distribution Center Metrics to Track and Understand

GlobalTranz

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.

Top 10 Metrics to Track and Manage Risk in the Supply Chain – Part 1

GlobalTranz

Procurement teams continue to struggle with finding available suppliers and shipping capacity to enable supply chain responsiveness. The post Top 10 Metrics to Track and Manage Risk in the Supply Chain – Part 1 appeared first on Transportation Management Company | Cerasis.

[e-Book] The Ultimate Guide to Manufacturing, Supply Chain, Logistics, Transportation, & Freight Metrics & KPIs

GlobalTranz

Furthermore, some data may be of minimal use without comparison to and identification of trends and collaborations between data from other transactions within a given warehouse or transportation system. 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.

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

GlobalTranz

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. Other Critical OmniChannel Supply Chain Metrics to Track.

The 10 Procurement Metrics that Matter in 2021

Unleashed

For example, industries like transportation and logistics, technology or consumer goods will focus more on supplier collaboration. That’s where Procurement Metrics and Key Performance Indicators (KPIs) come into play. What is procurement?

Supply Chain Metrics - Gaining Visibility in a Data-rich World

Logility

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). For the past 30 years I have been involved with multiple efforts to build a set of supply chain metrics and have learned a few things along the way.

[PODCAST] Why Logistics Execs Who Glean Insights from Transportation Management Data Collaborate More & Reduce Shipping Costs

GlobalTranz

Transportation Management Data Insights Lead to Collaboration, Reduced Shipping Costs, & Beating the Capacity Crunch In this “The Freight Project Podcast” episode you’ll hear : The value to a business to have an executive in charge of driving change and innovation. Why collaboration between all entities in the shipping process is really the key to success in effective transportation management.

Transportation Management

LeanCor

The Laws of Lean Transportation Management. There are all these things in life that we think “Oh, I cannot live without that,” and if it wasn’t for transportation management we most likely would not have anything we want or need on time. Think about all the cars we have in the United States that have been shipped from different countries all over the world. Transportation, like inventory, is necessary activity within logistics.

What is LTL Shipping?

SupplyPike

Learn about: Less-than-truckload (LTL) shipping Advantages of LTL Factors determining shipping rates. Less-than-truckload (LTL) shipping is a system of transporting a smaller shipment than a typical truck filled with one order. Get better shipping rates.

Final Mile Metrics: What Should Be Measured?

GlobalTranz

The final mile logistics management has always been the most expensive and risky part of shipping. The post Final Mile Metrics: What Should Be Measured? appeared first on Transportation Management Company | Cerasis. Data Final Mile Key Performance Indicators final mile metricsLacking visibility and the inability to track and understand the final mile contributes to an assumption of risk.

4 Ways to Optimize Your Transportation Network Strategy

Intelligent Audit

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.

How to Optimize Shipping Costs Across All Modes With Analytics

Intelligent Audit

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. . Maximize Savings on Shipping Costs With the Right Analytics Partner.

[PODCAST] How Shippers Can Compete Against Rising Transportation Costs & Competition Using Data

GlobalTranz

“The Freight Project Podcast” – Episode 5 – Hannah Testani, Intelligent Audit, COO – How Shippers Can Compete Against Rising Transportation Costs & Competition Using Data In this episode, Hannah and I will talk about how she got involved in the logistics industry and how she, as COO, is positioning Intelligent Audit for the future aiding her father who founded the company over 20 years ago. 8 Big Factors to Consider for Efficient LTL Shipping.

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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. And, what are some of the key factors retailers need to consider when developing their transportation plans?

Navigate Shipping Landscape with Proactive Analytics

Talking Logistics

While we live in an age where same-day delivery and free shipping have become customer expectations, we also live in an age where dimensional weighting and quarterly accessorial increases have become a reality from the carrier. Relying on proactive rather than reactive analytics, and the ability to make specific actionable callouts from these data sets, will be key to navigating the ever-changing shipping landscape both now and in the future. Use the Correct Metrics.

The Top 5 Transportation Management Blogs of 2016 …So Far

GlobalTranz

Today's post will cover the top 5 Transportation Management blogs from 2016 so far. Top Transportation Management Blogs from the First Half of 2016 So Far. The transportation management blogs category most top viewed blog posts from the first half of 2016 included several elements of the transportation management. From transportation management trends to creating a competitive logistical edge. The Top 10 Most Common LTL Shipping Mistakes Made by Shippers.

How to and What to Consider as Total Transportation Costs

MercuryGate

There is a critical metric that managers must closely monitor within the supply chain industry- total transportation costs. It includes operational costs, packing, shipping, employee pay, fleet maintenance, and all other fees and expenses related to […].

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.

Why Transportation Optimization Must Include Technology & Solutions

Intelligent Audit

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.

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

GlobalTranz

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. Over the last year, average e-commerce sales have increased more than 15 percent, revealing the increasing demand for multichannel fulfillment and shipping. Adapting supply chain systems to succeed in multichannel fulfillment and shipping, also requires additional setup time.

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

GlobalTranz

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.

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 .

Why Reverse Logistics Systems and Transportation Management Should Be Considered Together

GlobalTranz

Product travel in reverse of their original paths from the seller to buyers’ locations, after which they may undergo disassembly and disposal or recycling, or repair or refurbishment, testing, packaging, warehousing, resale, shipping, customer support, and other reverse logistical processes executed by the seller outsourced services. meaningful and accurate performance metrics. Logistics Reverse Logistics Transportation Management reverse logistics systems

[PODCAST] Why Transportation Management Data Has Carriers & Shippers Forging Collaborative Relationships to Beat the Capacity Crunch

GlobalTranz

The Role of Transportation Management Data for Improved Carrier Relations In this episode Kevin and Cerasis’ Marketing Manager & “The Freight Project Podcast” host, Adam Robinson discuss how transportation management data aids shippers & carriers to forge fact-based, transparent partnerships to aid in beating a capacity crunch. Transportation Management Data Resources. Hello and welcome back to another episode of “The Freight Project Podcast!”

What Are the Characteristics of the Best Shipping Analytics Tools on the Market?

Intelligent Audit

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.

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Why Logistics and Transportation Should Digitize

3rdwave

Logistics is a highly procedural function with clearly defined responsibilities and performance metrics. While the Logistics transactional activities – such as freight quotation management, freight contract management, shipment execution and transportation tracking – are important, in and of themselves, these individual activities fail to deliver to their potential if they are not orchestrated, synchronized and communicated. What is Digitization?

What’s the ROI Of Transport and Logistics Providers & A TMS?

GlobalTranz

Much talk about sales, automation and improved processes dominate the conversation when considering outsourcing logistics processes to a transport and logistics providers or using a 3PL-based transportation management system (TMS). Often, the transport and logistics providers' reps claim initial returns may be as high as 25 percent, if not greater. There are many benefits that accompany the use of transport and logistics providers and their TMS systems.

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 ? .

3 Initiatives Driving Sustainable Transportation and Logistics Management

BlueYonder

Recent studies have shown that transportation is the single largest source of greenhouse gas emissions in the United States. Department of Energy calculated that CO2 emissions from transportation surpassed two billion metric tons ; it’s hard to imagine what that number looks like today.

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.

3 Components to a Complete Lean Transportation Management System

LeanCor

When we hear “transportation management system” at LeanCor, we don’t just think of software. Lean thinking can help organizations develop and maintain a fast, stable, efficient transportation management system. When shippers apply lean thinking to people, process, and technology in transportation, the results are significant. Are these practices part of your organization’s transportation management system?

Lean 186

The Most Popular 16 Transportation Blog Posts from 2014

GlobalTranz

We trudge on with our top posts from our main blog categories by page view for all of 2014 from the Cerasis blog by featuring another area Cerasis is an expert in: Transportation. In fact, transportation management is our specialty as we’ve been providing our shipper customers with a web-based transportation management system and managed transportation services since 1998. Top 16 Most Popular Transportation Blog Posts of 2014.

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.