GlobalTranz

APRIL 25, 2016

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance. Twitter Google+ LinkedIn The post 3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance appeared first on Transportation Management Company | Cerasis.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Supply Chain Shaman

NOVEMBER 21, 2023

The metrics were not aligned. Fred hired Deloitte to rationalize in-house distribution versus outsourcing to a 3PL. At the time, I struggle to rationalize why a 3PL would ever make sense– the lack of inventory management and the data latency seemed like a barrier. Don’t dwell on the negatives. You have to do so.

Supply Chain Planning Software 357

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Cost Reduction Strategies 357

Logistics Viewpoints

FEBRUARY 2, 2023

How 3PLs Can Gain Visibility and a Competitive Advantage Offering Automated Billing and a Self-Service Interactive Customer Portal It’s hard to imagine a third-party logistics (3PL) business today operating without some form of a warehouse management system ( WMS ) connecting the digital dots.

Supply Chain Planning Software 278

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 278

Supply Chain Shaman

DECEMBER 23, 2014

Don’t assume that there is a standard definition, and just because a 3PL signed a contract to deliver it, don’t expect that you are working on the same definition. I would build my own warehouses or very carefully pick a 3PL partner. I am increasingly skeptical that any 3PL is up to the challenge. What do you think?

Packaging 292

Packaging Inventory Reduction Supply Chain Design Software San Francisco 292

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

GlobalTranz

MARCH 18, 2015

If you are a logistics manager seeking options for a partnership with a 3PL services provider or looking to optimize the 3PL solution, then understanding the expansion of the holistic approach that some 3PLs offer will help you select an option that best suits your company. A 3PL Services Partnership Drives Value.

Negotiating Skills 120

Negotiating Skills 3PL Logistics Network Optimization Software Resource Reduction 120

GlobalTranz

JANUARY 4, 2017

In the below is a real world example of a consultant coming to a third party logistics company with the goal of choosing a warehouse and 3pl provider. This two-part blog series will take you thru the RFP questions along with the answers you'd expect to see from the 3PL. Customer metrics. 3PL Answer 1. The Client Details.

Modeling 194

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 194

GlobalTranz

JULY 28, 2021

Additional opportunities can be reached through transportation optimization whether using a 3PL or 4PL. That means identifying areas of waste, overlap and large volumes and enabling continuous improvement through the use of transportation metrics to track performance. Defining Transportation Optimization.

Optimal Sourcing 317

Optimal Sourcing Optimization Software Network Optimization Supply Chain Optimization 317

GlobalTranz

JULY 20, 2015

Importance of Metrics in Reverse Logistics Management. To monitor progress against its reverse logistics management plan, a company needs metrics that measure the financial impact of returns on the firm and on other members of the supply chain. Energy used in handling returns : This metric is used in sustainability programs.

Reverse Logistics 120

Reverse Logistics Supply Chain Planning Software Supply Chain Network Software Optimization Software 120

GlobalTranz

JUNE 2, 2016

Like any outsourced partnership to a service and technology provider, such as in a 3PL relationship, it is vital that all sides are on the same page and speaking the same language in the way of goals, desired outcomes, strategy, and execution for whatever the customer and the outsourced provider are trying to achieve. Who pays for all this?

3PL 120

3PL Manufacturing Procurement Optimal Sourcing Resource Reduction 120

The Logistics of Logistics

OCTOBER 8, 2012

When you have chosen a 3PL partner, insure that you have an effective Service Level Agreement (SLA) with accompanying Key Performance Indicators (KPIs) to manage the Service Level of the 3PL. This SLA/KPI has to be negotiated and agreed upon by you and your 3PL partner.This negotiation time can take three (3) to Six (6) months.

Third Party Logistics 145

Third Party Logistics Negotiating Skills Purchasing Skills KPI 145

GlobalTranz

OCTOBER 21, 2015

Here are the 9 key topics to understand in the relationsihp between the shipper and the 3PL. To be unified is to collaborate and trust the shipper/customer Third Party Logistics Service Provider (3PL) relationship. All KPIS have metrics to measure. 3PL/Shipper/Customer Rewards. 3PL/SLA Skills/Knowledge.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

SCMDOJO

JUNE 14, 2023

In today’s competitive market, the successful operation of a business hinges on the smooth integration of various processes and information management systems, especially when it comes to 3PL integration. Thankfully, outsourcing logistics services to a reliable third-party logistics provider (3PL) can make a significant difference.

3PL 105

3PL Supply Chain Design Software Prescriptive Analytics Software Inventory Management Software 105

Logistics Bureau

JANUARY 21, 2025

Logistics Outsourcing Finding the right 3PL partner takes time, and whilst sometimes it just works, it’s worth maintaining a proper selection process in the long run, as if you try to take things too quickly, eventually the shortcuts will show. You also need to ensure that you’re cascading these metrics through your organisation.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 98

The Logistics of Logistics

FEBRUARY 11, 2022

OTIF is a key supply chain metric. Andrew Lynch is President and co-founder of Zipline Logistics , an award-winning North American 3PL that specializes exclusively in the transportation of retail consumer goods. It is generally calculated as a percentage of total deliveries that were complete and on time. About Andrew Lynch.

Cost Reduction Strategies 246

Cost Reduction Strategies North America Logistics Network Optimization Software Manufacturing Procurement 246

4WL Consulting

MARCH 17, 2016

Working with a managed transportation services provider (3PL) is an excellent way for shippers to improve their logistics operation and reduce costs. Qualified providers will establish and report on KPIs based on the service metrics most relevant to your company. What’s the ROI? What level of service can we expect?

3PL 100

3PL Negotiating Skills Logistics Network Optimization Software Eliminating Excel in Purchasing 100

Talking Logistics

OCTOBER 18, 2016

The need for this next-gen technology has contributed to the significant growth of the 3PL market in recent years. But while 10-15 years ago shippers would engage with 3PLs simply as a means to access technology, that technology is much more ubiquitous and more readily accessible today.

Demand Planning Software 100

Demand Planning Software 3PL Supply Chain Planning Software Supply Chain Network Software 100

SupplyPike

APRIL 7, 2020

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. OTIF Compliance Issues: In Full. Not In-Full.

Metrics 79

Metrics DC Supply Chain Design Software Shipping 79

Talking Logistics

JUNE 2, 2016

Today, shippers face increased regulations, unstable market conditions and capacity concerns that make it near impossible for a newly divested company to achieve all of its goals without the expertise and support of a third-party logistics (3PL) provider. Step 3: Develop a Customer-Centric Supply Chain Model.

3PL 100

3PL Optimal Sourcing Modeling Procurement Analytics 100

GlobalTranz

DECEMBER 22, 2014

Today, we kick off our annual year end series highlighting the top blog posts in each of our 7 main categories: Manufacturing , Supply Chain , Logistics , 3PL , Business , Transportation , Freight. Finally, the top 10 list was rounded out safety and metrics. These will only contain posts written in 2014. Read Full Post.

Manufacturing 246

Manufacturing Czech Republic Logistics Network Optimization Software Mexico 246

GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). The definition of this metric is similar to the way it sounds. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Supply Chain Insights

SEPTEMBER 2, 2014

While most companies have been able to make progress in one of these two critical metrics in the period of 2006-2013, they have not been able to make progress on both together. Will your UPS store or Third-party Logistics (3PL) provider, through printing on-demand, become the new provider of parts for industrial equipment?

Supply Chain Design Software 253

Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Design 253

Unleashed

JANUARY 16, 2023

When your business is receiving more orders than it’s possible to fulfil in-house, third-party logistics (3PL) can mean the difference between disappointing customers and capitalising on that success. In this guide to third-party logistics: What is 3PL? 3PL providers are experts when it comes to shipping and logistics.

Third Party Logistics 98

Third Party Logistics Logistics Network Optimization Software 3PL Inventory Management Software 98

Supply Chain Shaman

MARCH 5, 2019

Contract manufacturing or 3PL data often will have a 24-hour latency due to batch integration. The focus is on functional metrics, but are unable to get to overall supply chain metrics. What most companies want is a system with prescriptive analytics to tell them when a shipment is expected to be late and what action to take.

Supply Chain Design Software 308

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 308

GlobalTranz

OCTOBER 6, 2021

Rapid Scalability and Leveraging the Collective Buying Power of a Large 3PL . Focusing on the transportation metrics that have the greatest impact on the supply chain can help managers stay attentive to both short-term and long-term goals and needs. . Download the White Paper: Over the Road Freight Management Trends.

Prescriptive Analytics Software 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216

GlobalTranz

JUNE 28, 2016

The benefits of outsourcing logistics processes to a third-party logistics provider (3PL) are well documented. For this reason, more companies are turning to 3PLs to help with cost reductions and overall management of supply chain processes. The third core concept involves how a 3PL can reasonably improve your operations.

Supply and Demand 152

Supply and Demand Logistics Network Optimization Software Inventory Reduction Resource Reduction 152

6 River Systems

JULY 29, 2020

Today, there are many top 3PL warehousing companies that handle warehousing, fulfillment, logistics and distribution services for companies of all sizes. Many metrics can be used to determine the top 3PL warehousing companies, such as company revenue, the number of warehouses, total warehouse square footage , etc.

Warehousing 111

Warehousing 3PL Company Third Party Logistics 111

ModusLink Corporation

OCTOBER 16, 2023

3PL in Modern Supply Chains Introduction In today’s rapidly evolving global business landscape, supply chain management has become more complex than ever. To address these challenges, many organizations are turning to Third-Party Logistics (3PL) providers.

3PL 78

3PL Supply Chain Planning Software Negotiating Skills Modeling 78

GlobalTranz

OCTOBER 19, 2015

One of the most overlooked success factors to shipment tracking is simply defining what the expectation is between your own company, the receiver of the goods, a 3PL, and your carrier partners. Too often the 3PL and shipper are not aligned on the expectation of shipment tracking. Do you even first understand your own needs?

Transportation Management 120

Transportation Management Resource Reduction Cost Reduction Strategies Optimal Sourcing 120

GlobalTranz

DECEMBER 30, 2014

Transportation Metrics That Matter Most to Track and Improve Performance : How do you measure logistics efficiency and transportation metrics performance indicators when you are already doing the best job possible? Let’s take a look at these trucking industry trends and what kind of facts they provide. Read the Full Blog Post.

Logistics Network Optimization Software 232

Logistics Network Optimization Software Expense Reduction Supply Chain Planning Software Modeling Software 232

Talking Logistics

JULY 24, 2017

The market is now at the point where providing real-time visibility to your customers, whether you’re a shipper, freight broker, or 3PL, is now table stakes to be in this industry.”. More stringent customer delivery requirements is certainly one factor, with On-Time In-Full (OTIF) becoming a more critical metric.

Real-time Visibility 0

Real-time Visibility Demand Planning Software Freight Supply and Demand 0

GlobalTranz

JULY 5, 2016

It was also evident that many folks wanted more information around KPIs and Metrics, as our top 5 included two posts from this sub-category. e-Book] The Ultimate Guide to Manufacturing, Supply Chain, Logistics, Transportation, & Freight Metrics & KPIs. This model, I like to call an "embedded 3PL relationship."

Logistics Network Optimization Software 132

Logistics Network Optimization Software Logistics Supply Chain Design Software Modeling Software 132

Kinaxis

JUNE 12, 2017

As bulk of the action in enterprises shifted from within the four walls of the company to outside the company due to increased use of contract manufacturing and third party logistics (3PL), traditional technologies built on ERP foundation came up short.

Supply Chain Planning Software 233

Supply Chain Planning Software Supply Chain Network Software Logistics Network Optimization Software Supply Chain Software 233

RFgen

DECEMBER 19, 2024

Consider Third-Party Logistics (3PL) 3PL providers bring specialized expertise, advanced technologies, and economies of scale to streamline logistics operations, reduce costs, and free up internal resources. Which warehouse performance metrics should be tracked?

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Inventory Reduction 97

Logistics Viewpoints

OCTOBER 25, 2021

Here “near real-time” is defined as a refresh of key metrics every five minutes. The customers at the conference included very large food & beverage companies, the largest 3PL in the world, and companies from other industries as well. Overcoming the Objections of IT. But getting this data has not been easy.

Real-time Visibility 273

Real-time Visibility Analytics Software Supply Chain Planning Software Demand Planning Software 273

Supply Chain Opz

JULY 7, 2013

Each customer in US or EU might already control the source of raw materials, ask you to provide dedicated production lines, nominate 3pl companies and air/sea carriers. 7) Adopt Both Service and Financial Metrics. So, logistics network design is a kind of initiative driven mainly by customer.

Supply Chain Design Software 257

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Design 257

The Logistics of Logistics

AUGUST 17, 2022

Benefits include improved quality, reduced training time and training resource costs, increased speed to efficiency, and an overall improvement in the key metrics that matter most to clients. 3PL Basics: An Introduction to 3rd Party Logistics with Roberto Cadena. Lean Solutions Group LinkedIn. Lean Solutions Group. Symtraim LinkedIn.

Logistics Network Optimization Software 246

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Network Software Buyer Training 246