SCMDOJO

JUNE 25, 2024

Space utilization, or vehicle fill, is a critical metric that can be measured in various ways: Pallet numbers and height: While common, this method can be misleading depending on cargo density. Road Freight Transport and the Environment. Supply Chain Benchmarking 2003. Decarbonising Road Freight: The Challenges.

Transportation 105

Transportation Cost Reduction Strategies Warehousing Netherlands 105

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

The Logistics & Supply Chain Management Society

MARCH 14, 2023

Rates are now starting to stabilise and for ocean freight especially, we are seeing rates closer to pre-COVID levels. Freight procurement is the mainstay of any supply chain professional but price is not the be-all and end-all. What tools we can use to benchmark ocean freight and carriers’ service reliability?

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

The Logistics of Logistics

SEPTEMBER 15, 2023

Jonathon is not only a strategist but also a dynamic facilitator, conducting nationwide workshops on employee engagement, customer loyalty, leadership development, and growth metrics. These workshops provide practical insights for organizational success. Greenscreens.ai’s dynamic pricing infrastructure built to grow and protect margins.

Price Reduction 225

Price Reduction Company Supply Chain Strategy Logistics Network Optimization Software 225

GlobalTranz

JULY 28, 2021

That means identifying areas of waste, overlap and large volumes and enabling continuous improvement through the use of transportation metrics to track performance. It's the view from outside that allows 3PLs to orchestrate all aspects of freight management from within the network through transportation optimization.

Optimal Sourcing 317

Optimal Sourcing Optimization Software Network Optimization Supply Chain Optimization 317

Logility

JANUARY 12, 2021

There are many ways to view data, but those that are particularly useful in supply chain analytics are reporting, score carding, dashboarding and benchmarking. Benchmarking. An analytics platform for the supply chain also allows for benchmarking. Take freight rates, for example. Reporting and Score carding. Dashboarding.

Prescriptive Analytics Software 130

Prescriptive Analytics Software Supply Chain Planning Software Analytics Software Predictive Analytics Software 130

Talking Logistics

SEPTEMBER 12, 2017

A sense of complacency can lurk behind benchmarks. The four key methods here will help you drive more success as you bring the metrics to life on your warehouse floor: 1. Show the “story” of your metrics with quarterly and yearly growth charts; show how far you’ve come as a team over time.

Metrics 107

Metrics Supply Chain Planning Software Supply Chain Software Supply Chain Planning 107

Talking Logistics

JUNE 20, 2017

The question becomes, “how are you comparing your transportation metrics to what’s happening around you?” When you connect to a global trade network (GTN), you can benchmark your company’s performance against the performance of all the shippers in the network. You need to explore the metric relationships to see the full story.

Global 111

Global Scenario Planning Metrics Benchmarking 111

Intelligent Audit

MAY 9, 2022

With ongoing recovery firmly in progress across multiple industries, one of the most significant challenges facing freight forwarders, supply chain managers, and transportation service providers is the issue of payment and freight bill payment service management. Transportation invoice audit providers can improve payment processes.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Freight Material Savings 52

Intelligent Audit

FEBRUARY 3, 2022

In freight auditing, freight audit advisors work with freight shippers to ensure that all charges are accurate and to prevent wasting money. Shippers can ensure they are getting the best possible rates from their carriers by working with a freight audit consultant. What Freight Auditing Is and Why It’s Important.

Freight 52

Freight Material Savings Resource Reduction Cost Reduction Strategies 52

Talking Logistics

NOVEMBER 17, 2015

Do you have the right metrics? Metrics show how your supply chain is performing – providing they are the right ones to do the job. Inappropriate metrics can give a false or incomplete picture of supply chain performance. Second, what metrics are the best indicators of performance in terms of these goals?

Supply Chain Software 100

Supply Chain Software Supply Chain Optimization Supply Chain Strategy Supply Chain Network Software 100

Intelligent Audit

NOVEMBER 10, 2021

Strong RFP supply chain management practices and carrier network optimization services will allow for continued growth and success in the modern supply chain and freight shipping network.It’s important to understand the full scope of optimization, including what it is and how your team can improve it. What Is Carrier Contract Optimization?

Optimal Sourcing 52

Optimal Sourcing Network Optimization Software Network Optimization Supply Chain Network Software 52

Logistics Viewpoints

JULY 19, 2023

Most recently, the APQC has conducted best practice and benchmarking research on environmental sustainability. In the survey, APQC used a series of performance metrics, including net promoter score, customer retention rate, perfect order performance, and on-time delivery among others, to identify the top performing companies.

Sustainability 210

Sustainability Optimal Sourcing Logistics Material Savings 210

Zipline Logistics

JANUARY 17, 2023

Finding Freight Consolidation Opportunities . Freight consolidation offers a multitude of benefits to CPG brands. Besides reducing fuel costs and emissions, consolidation also helps brands hit key retailer benchmarks like OTIF and MABDs, improving customer relationships. . That reduction is the equivalent of removing around 3.2

Resource Reduction 78

Resource Reduction Waste Reduction Vendor Strategies Optimal Sourcing 78

Logistics Viewpoints

APRIL 21, 2023

But I believe that more efficient packaging is the area with the greatest potential to improve sustainability metrics within the warehouse. My typical response is that more efficient operations are typically more sustainable operations.

Logistics Network Optimization Software 236

Logistics Network Optimization Software Logistics Kenya Supply Chain Planning Software 236

Talking Logistics

FEBRUARY 1, 2019

Uber Freight: Transportation Facility Brand Managers. As reported by Transport Topics , “Truck drivers using the Uber Freight load-booking app can now rate shippers’ and receivers’ facilities and share feedback on factors such as wait times and amenities.” req’d) New Job for Robots: Taking Stock for Retailers (WSJ – sub.

Logistics Network Optimization Software 105

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Network Software Demand Planning Software 105

Supply Chain Shaman

SEPTEMBER 3, 2015

This morning, unexpectedly, I found myself in the middle of a debate between my two panelists on the Planning Benchmarking Panel for the Summit. Recently through my analysis of the planning benchmarking work, I have become fascinated on the role of inventory in the market-driven value network. This is a series of preparation calls.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. This post is , part of a series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally. Key Uses of Truckload Pricing Tools.

Benchmarking 78

Benchmarking Forecasting Software Predictive Analytics Software Analytics Software 78

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. This post is , part of a series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally. Key Uses of Truckload Pricing Tools.

Benchmarking 78

Benchmarking Forecasting Software Predictive Analytics Software Analytics Software 78

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. This post is , part of a series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally. Key Uses of Truckload Pricing Tools.

Benchmarking 78

Benchmarking Forecasting Software Predictive Analytics Software Analytics Software 78

DAT Solutions

JULY 10, 2018

Monthly revenue rose 78% for freight brokers in May on a 41% increase in load volume, to set new records for those two metrics. Sign up for the monthly Broker Benchmark report to see how your business compares to the competition. To receive monthly updates in your inbox, subscribe to the DAT Broker Benchmark Report.

Benchmarking 70

Benchmarking Freight Metrics Report 70

TMC

MARCH 31, 2016

Do you have the right metrics? Metrics show how your supply chain is performing—providing they are the right ones to do the job. Inappropriate metrics can give a false or incomplete picture of supply chain performance. Second, what metrics are the best indictors of performance in terms of these goals?

Supply Chain Software 69

Supply Chain Software Supply Chain Optimization Supply Chain Network Software Network Optimization Software 69

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? However, it’s important to review your pattern of freight spend in relation to sales so that you may set a benchmark.

Expense Reduction 232

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

SupplyPike

APRIL 17, 2020

LTL freight carriers normally transport small shipments of freight from many companies. When companies opt for LTL shipping, they are charged for the section of the semi-truck that their freight takes up. This method is ideal for freight shipment ranging from 150 to 20,000 pounds. Freight Class.

Shipping 56

Shipping Vendor Strategies Expense Reduction Cargo 56

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

The tight capacity and shipping downtime can increase rates and severely disrupt freight flow for months. Emissions factor heavily into the environmental, social, and governance (ESG) metrics investors care about, but carbon taxes are also on the minds of many executives. Weathering the Trade Policy Storm.

Predictive Analytics Software 130

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Prescriptive Analytics Software 130

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. This is critical to understanding the overall freight spend for your organization.

Logistics Network Optimization Software 59

Logistics Network Optimization Software Logistics KPI Optimization Software 59

Resilinc

APRIL 13, 2021

Institutionalizing is when the support of your stakeholders and C-level leaders deepens because they see the SCRM program is achieving its metrics. The key to Institutionalizing your SCRM program is achieving ongoing successes as measured by the metrics agreed to in the Plan—and ensuring that leaders and stakeholders validate these successes.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Strategy 62

GlobalTranz

MARCH 24, 2015

Carriers in the trucking industry and also shippers today are actively looking for ways to combat the rising costs of operating their businesses, but they often do not fully understand proper benchmarking, transportation cost analysis, and profit management are intertwined. Outbound freight costs as percentage of net sales.

Benchmarking 120

Benchmarking Purchasing Skills Analysis Cost Reduction Strategies 120

MIT Supply Chain

APRIL 3, 2014

New benchmarks for excellence. While reliable service and low prices are still important, these metrics have become prerequisites for commercial success. Now the differentiators are more strategic: benchmarking, innovation, and network modeling, for example. Here are some highlights from his talk. Big Data’s big impact.

Negotiating Skills 105

Negotiating Skills Logistics Network Optimization Software Price Reduction Expense Reduction 105

Logistics Bureau

JUNE 14, 2021

Here at Benchmarking Success, we exist to help our customers improve supply chain performance. However, they have experienced significant difficulties in getting goods from one place to another and endured vastly inflated freight and transportation costs. Of course, the criticality of such elements is the same now as it always was.

Optimal Sourcing 57

Optimal Sourcing Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Strategy 57

Talking Logistics

AUGUST 21, 2018

From changing regulatory requirements and increasing freight congestion to excessive detention time and driver shortages , shippers and logistics service providers (LSPs) are struggling to balance the multiple issues impacting fleet management today. Key Trends Driving Change.

Cost Reduction Strategies 102

Cost Reduction Strategies Resource Reduction Logistics Network Optimization Software Supply Chain Planning Software 102

Freight Plus

OCTOBER 17, 2024

When it comes to managing freight, creating a successful Request for Proposal (RFP) can be the difference between operational efficiency and logistical headaches. Here’s why focusing on data is critical for your freight RFP and how paying attention to details can set your logistics operations up for success.

Negotiating Skills 52

Negotiating Skills Price Reduction Logistics Network Optimization Software Freight 52

Freightos

FEBRUARY 4, 2020

As a result, nearly every industry has created on-demand metrics to gauge market performance, hedge risks, and to power intelligent decisions. But despite its size, containerized freight’s poor visibility persisted. Prices for everything and anything are subject to change and freight rates for containers are no different.

Optimal Sourcing 299

Optimal Sourcing Purchasing Skills Real-time Visibility Procurement Analytics 299

ToolsGroup

APRIL 1, 2022

Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Within a week of Russian troops crossing into Ukraine, the benchmark for thermal coal prices reached a record high of $446 per metric ton. Deloitte ). Wall Street Journal ). Automotive News Europe ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

GlobalTranz

OCTOBER 16, 2015

BONUS : Download the Guide To LTL Freight Mangement White Paper. P re-bid supply chain and customer analysis helps LTL shippers define strategic bid objectives, such as reducing costs or number of carriers, delivering goods to market more quickly, and addressing freight challenges within certain geographic areas.

Negotiating Skills 120

Negotiating Skills Price Reduction Cost Reduction Strategies Optimal Sourcing 120

Talking Logistics

JULY 19, 2013

Con-way Freight Raises the Bar on Mexico Service, Adds Door-to-Door Tracking, 24-Hour Customer Resource Center, Enhanced Web Tools. Source data is a combination of reference and benchmark data from third parties as well as econometric models and formulas. SAP Announces Second Quarter and First Half Results 2013.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 130

ShipBob

APRIL 15, 2024

That’s why you need to closely measure metrics such as gross margin return on investment (GMROI). This metric doesn’t just account for the cost of buying inventory. These two metrics can be calculated using their respective formulae. puts it far behind the competition, as the GMROI benchmark in this industry for 2021 is $3.90.

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 52