The Logistics of Logistics

APRIL 6, 2013

In my opinion, a service level agreement should be used in any customer-3PL engagement. It states that certain KPIs in this QBR are to be negotiated/reviewed monthly. Sometimes, the Logistics provider has their own SLA/KPI that they want to use with any customer, but negotiation is still in order. How do you write an SLA/KPI?

Logistics Network Optimization Software 100

Logistics Network Optimization Software Negotiating Skills KPI Purchasing Skills 100

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. . What are KPIs & why are they important for your inventory management? You can easily track these KPIs in an inventory management system (IMS) or enterprise resource planner (ERP).

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

Amware Logistics and Fulfillment

JUNE 14, 2022

When you outsource product fulfillment to a third-party logistics company (3PL), you place your trust and your customers' satisfaction in its hands. Yet it's shocking how many Etailers have no well-developed order fulfillment metrics to monitor performance.

Metrics 118

Metrics Third Party Logistics 3PL Logistics 118

Intelligent Audit

JANUARY 28, 2021

Here are some key areas that transportation leaders can benefit from monitoring: On-time delivery measurements— The number one metric to track and record is how many orders overall are delivered on time and without issue. Optimizal Carrier Usage – Mode selection is another tricky KPI. appeared first on Intelligent Audit.

Logistics Network Optimization Software 59

Logistics Network Optimization Software Logistics KPI Optimization Software 59

The Logistics of Logistics

FEBRUARY 16, 2013

The best LTL KPI for measuring cost performance is cost per pound. The less than truckload (LTL) cost per pound KPI is easy to calculate (see below). Logistics Key Process Indicators (KPIs). LTL KPI – Cost per Pound Calculation. LTL KPI – Cost per Pound Calculation. Additional Reading on LTL KPIs.

KPI 100

KPI Cost Reduction Strategies Third Party Logistics Metrics 100

The Logistics of Logistics

FEBRUARY 18, 2013

The best LTL KPI for measuring damaged shipments is simply the percentage of damage free shipments delivered. To minimize freight damage, begin measuring it with the damage free shipments KPI. LTL KPI – Damage Free Shipments. Insights from Damage Free Shipment KPI. Does your company use the KPI described above?

KPI 100

KPI Freight Third Party Logistics Metrics 100

The Logistics of Logistics

FEBRUARY 19, 2013

The best LTL KPI for measuring billing accuracy is simply the percentage of accurate bills. Regardless of who does the freight bill auditing, shippers should measure billing accuracy with the LTL KPI described in this article. LTL KPI – Calculating Billing Accuracy. Insights from Billing Accuracy KPI.

KPI 100

KPI Third Party Logistics Price Reduction Cost Reduction Strategies 100

The Logistics of Logistics

FEBRUARY 17, 2013

The best LTL KPI for measuring on time performance is simply the percentage of on time shipments. LTL KPI – On Time Performance Calculation. To calculate the on time performance KPI, simply divide the number of on time shipments by the total number of shipments. Insights from On Time Performance KPI.

KPI 100

KPI Third Party Logistics Metrics 3PL 100

ShipBob

FEBRUARY 25, 2022

This involves keeping track of critical distribution metrics such as how many orders were shipped out on time because this is vital to determine how efficient their processes are, how satisfied customers will be, and whether they need to make improvements. The OTIF metric isn’t just for measuring delivery performance. What is OTIF?

Optimal Sourcing 52

Optimal Sourcing Real-time Visibility Procurement Analytics Supply Chain Planning Software 52

GlobalTranz

MARCH 23, 2016

To start you must have the KPI's visual along the value stream. In order to be daily, the KPIs need to get down to ownership by the workers within the value stream. These metrics would, of course, be aligned and are updated every hour. Specific metrics: process metrics and outcome metrics. 714-788-0744-PST.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

GlobalTranz

OCTOBER 27, 2015

In our first post in the series, we set the mindset of the shipper by going over the 9 key topics to understand about effective KPI management and followed that post with the 7 strategic performance business practices to track and 4 KPI problems to solve. . At times, an audit of the percentage behind KPIs will be necessary.

Six Sigma 120

Six Sigma Logistics Network Optimization Software KPI Company 120

ShipBob

SEPTEMBER 24, 2021

In this article, learn how to track warehouse performance by monitoring the right KPIs. What are warehouse key performance indicators (KPIs)? Warehouse key performance indicators (KPIs) are metrics associated with warehouse performance. Inventory KPIs. Inventory is the bloodline of your logistics operations.

Optimal Sourcing 52

Optimal Sourcing Warehousing Inventory Reduction Inventory Management Software 52

The Logistics of Logistics

JANUARY 24, 2013

If you move freight for a living, you know the importance of logistics key process indicators (KPIs). A KPI is an indicator (a metric) that you have chosen, and agreed with your partners and or customers, that will determine whether you are meeting your critical success factors. Key Process Indicators vs. Metrics.

Logistics Network Optimization Software 174

Logistics Network Optimization Software KPI Logistics Metrics 174

The Logistics of Logistics

JUNE 7, 2019

. Understand the 3PL Business Models – Asset based, Non-asset based, Asset light. Asset based 3PLs own physical assets like trucks, planes, warehouses, etc. Pros: Since they own their assets, these 3PLs are able to use their own equipment to service customers. Non-asset based 3PLs use the assets from other logistics companies.

3PL 100

3PL Negotiating Skills Optimal Sourcing Purchasing Training 100

Material Handling & Logistics

DECEMBER 14, 2018

After all, even the best and most reliable data points and metrics are meaningless unless they are somehow leveraged in decision-making. of organizations stating that they are either very or somewhat willing to share data with 3PLs and other solution providers (eft 2017). Getting There.

Optimal Sourcing 111

Optimal Sourcing Supply Chain Software Sourcing Strategies Pharmaceutical 111

Zipline Logistics

JUNE 15, 2021

According to a report from Gartner about 3PL relationships, “Customer attitudes toward their third-party logistics outsource providers are changing for the better; however, that pace of change needs to accelerate.”. It continues, “Some companies must address their inherent mistrust of 3PLs.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Logistics Network Optimization Software Optimal Sourcing 52

Amware Logistics and Fulfillment

JANUARY 26, 2021

But that’s not necessarily true for eCommerce fulfillment KPIs, especially if you’ve just started working with a new 3PL or have added a fulfillment operation. In today’s hotly competitive eCommerce environment, it’s easy to assume that more is always better.

Metrics 116

Metrics 3PL KPI Warehousing 116

The Logistics of Logistics

JUNE 20, 2014

Recently, a shipping manager asked me what selection criteria he should use when selecting a 3PL. As a sales guy for a 3PL I am always anxious to impress shipping managers, so I created the following 9 things to consider when selecting a 3PL. Understand the 3PL Business Models – Asset based, Non-asset based, Asset light.

3PL 113

3PL Negotiating Skills Optimal Sourcing Purchasing Training 113

The Logistics of Logistics

FEBRUARY 14, 2013

Speaking Transportation 3pl KPI 3pl kpi examples billing accuracy carrier scorecard examples cost per pound damage free shipments damaged shipments inaccurate billing Joe Lynch KPI for logistics KPI for transport providers KPI inbound logistic kpi logistik kpis for freight logistics kpi metrics logistics measurements logistics metrics logistics metrics (..)

KPI 100

KPI Third Party Logistics Metrics 3PL 100

The Logistics of Logistics

OCTOBER 30, 2012

Key process indicators (KPI) for the most important aspects of LTL shipping. In this free webinar, participants will learn a methodology for measuring LTL carrier performance. They will also learn specific actions for reducing LTL carrier shipping costs. Webinar topics will include: 1.)

KPI 100

KPI Cost Reduction Strategies Third Party Logistics How To 100

The Logistics of Logistics

JUNE 20, 2014

Recently, a shipping manager asked me what selection criteria he should use when selecting a 3PL. As a sales guy for a 3PL I am always anxious to impress shipping managers, so I created the following 9 things to consider when selecting a 3PL. Understand the 3PL Business Models – Asset based, Non-asset based, Asset light.

3PL 100

3PL Negotiating Skills Optimal Sourcing Purchasing Training 100

The Logistics of Logistics

FEBRUARY 22, 2013

The LTL carrier scorecard with key process indicators (KPI) is an excellent tool for measuring and managing LTL performance and LTL carrier performance. Key Process Indicators vs. Metrics. A metric is any standard of measurement (number of carriers, inventory turns, average shipment weight, etc.). Selecting the Right LTL KPIs.

Cost Reduction Strategies 101

Cost Reduction Strategies KPI Price Reduction Expense Reduction 101

ShipBob

APRIL 13, 2021

However, there is a wide range of metrics that you should be tracking to help your online store grow. In this article, gain a deeper understanding of the ecommerce KPIs that every online store needs to track to achieve specific strategic goals. What are ecommerce KPIs? Why ecommerce performance metrics are important.

Procurement Analytics 95

Procurement Analytics Logistics Network Optimization Software Analytics Software Optimization Software 95

The Logistics of Logistics

DECEMBER 2, 2012

A highly effective shipper will use metrics or key process indicators (KPIs) to monitor logistics performance. Ideally, the KPIs will also be used to measure the performance of logistics providers. Secondly, a lot of improvements are discovered through conversations between shipper and logistics pro.

Logistics Network Optimization Software 224

Logistics Network Optimization Software Pricing Training Continuous Improvement Purchasing Skills 224

Logistics Bureau

JULY 18, 2018

It makes sense to run reverse logistics as a profit centre with corresponding KPI and metrics. Several large 3PL now leverage their resources to offer tailored reverse logistics services. Retailers have often been faster than manufacturers to move to the requisite technology. Reverse Logistics Strategy 3: Make it Profitable.

Reverse Logistics 40

Reverse Logistics Logistics Network Optimization Software Logistics Vendor Strategies 40

Alloy

APRIL 29, 2021

Our research with supply chain professionals at consumer goods companies found that 55% consider On Time and In Full (OTIF) orders, or so called “perfect orders,” one of their top three KPIs. That’s the highest percentage out of all metrics we asked about, including On Shelf Availability (37%) and forecast accuracy (34%).

Alloy 52

Alloy Forecasting Metrics Just-in-Time 52

BlueYonder

OCTOBER 13, 2022

CPG brands are well known for their ability to gather insight around these kinds of metrics, as well as information pertaining to competitors jockeying for the same wallet share. Knowing your customers will give you greater confidence that you’re focusing on the right KPIs, which inform optimum volumes of products for your B2C operations.

Sourcing Strategies 74

Sourcing Strategies Modeling Software Supply Chain Planning Software Supply Chain Design Software 74

Intelligent Audit

JANUARY 7, 2021

Logistics optimization embraces data analytics with advanced key performance indicators (KPIs) and metrics. Make the Most of KPI Monitoring and Tracking. While managers use KPIs to monitor and track the progress of a company’s business goals, they are not necessarily fool-proof.

Analytics Software 64

Analytics Software Optimization Software Network Optimization Supply Chain Optimization 64

GlobalTranz

DECEMBER 28, 2015

The 3PL industry is currently at a juncture where stakeholders are being forced to reconsider the way they do business. Outsourced Logistics: Big & Small Brands Alike are Targeting 3PL Services. Yet in outsourced logistics simply refers to hiring a third-party logistics service, 3PL, to handle the logistics services.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Logistics Third Party Logistics 3PL 120

Zipline Logistics

JUNE 30, 2020

Account-Specific Pricing — Customer-specific pricing, or account-specific pricing , refers to an agreement between a vendor moving product and a carrier or 3PL that establishes custom prices. Benchmark — In logistics, benchmarks refer to KPI thresholds set by an organization to measure supply chain performance.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Strategy 52

ShipBob

SEPTEMBER 18, 2019

But what if we told you that the most important ecommerce KPI also doubles as your #1 brand marketing metric? “Brand” is useful for luxury products, but for the rest of the online selling universe, selling products through AdWords and Facebook is the path to profitability. Gathering historical data is invaluable.

Purchasing Skills 61

Purchasing Skills Material Savings Procurement Analytics Manufacturing Procurement 61

GlobalTranz

AUGUST 3, 2017

Gain Control Small Package Process Through Metrics, KPIs and Enhanced Accounting Features. Parcel auditing gives shippers control over small package processes by putting relevant data together to define metrics, key performance indicators (KPIs) and advanced accounting features.

Logistics Network Optimization Software 137

Logistics Network Optimization Software Optimization Software Procurement Solutions Vendor Strategies 137

Logistics Bureau

OCTOBER 31, 2016

It’s not unusual for example, for companies to measure their supply chain performance only on the basis of financial metrics like supply chain cost per order. You must take care to employ the right internal resources, to select the right 3PL partners , and protect your business from risk with comprehensive service level agreements.

Supply Chain Design Software 40

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Supply Chain Strategy 40

synchrono

JUNE 19, 2017

Individual Plants can visualize real-time end-to-end production flow and the status of safety, compliance, and key performance indicators (KPI) at any level in the facility. Regional Plant Networks can connect to Warehouse/Distribution Centers to better manage excess inventory and monitor status from Third Party Logistics (3PL) providers.

Real-time Visibility 83

Real-time Visibility Supply Chain Software Manufacturing Procurement Agile and Lean Supply Chain 83

Amware Logistics and Fulfillment

MARCH 5, 2019

Earlier this year, Netflix introduced a popular but polarizing new show. Entitled Tidying Up with Marie Kondo , it follows various families as they systematically cull through their possessions, all spurred by the cleaning guru’s famous advice to keep only what “sparks joy.”.

Strategy 48

Strategy Price Mitigation Strategies KPI Metrics 48