Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. So how can you be sure you’re getting the best freight rates possible?

Benchmarking 96

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 96

The Logistics of Logistics

JANUARY 26, 2016

Inventory tracking software is an excellent way to keep a close eye on inventory and measure it as a KPI. To meet your KPI goal, do periodic inventory audits to see how they measure against routine tracking. Similarly, storage itself is an important KPI for improving warehouse management practices. Employee Turnover.

Warehousing 100

Warehousing KPI Inventory Reduction Cost Reduction Strategies 100

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

Silvon Software

JULY 22, 2022

In fact, such KPIs are so crucial right now that the supply chain analytics market is expected to reach nearly $17 billion by 2027 as companies ramp up their supply chain performance management initiatives. Why is KPI tracking so important in supply chain management? Inventory KPIs and Metrics for Managing Supply Chain Performance.

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

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 Company KPI 120

SCMDOJO

APRIL 11, 2025

Let’s break down what each metric in SCMDOJO’s Procurement and Supply Chain scorecard reveals: Total Cost of Ownership (TCO): This goes beyond the purchase price to include all associated costs shipping, implementation, maintenance, training, disposal, etc. It helps you understand the true cost impact of procurement decisions.

Pricing Training 52

Pricing Training Negotiating Skills Purchasing Skills Optimal Sourcing 52

SYSPRO Smarter ERP

NOVEMBER 3, 2021

They are used to measure how effectively the warehouse processes of receiving, replenishment, fulfilment and shipping perform. Outbound KPIs. Freight bill accuracy : Whether shipping from factory to warehouse, or to the customer, this metric helps identify problems in billing operations.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

Intelligent Audit

JANUARY 28, 2021

But first, it’s essential to understand its value and why it’s a critical tool in the shipping manager’s playbook. What is a Logistics KPIs Scorecard. This sort of scorecard highlights areas of supplier performance and works to bring attention to potential problem areas within the shipping supply chain.

Logistics Network Optimization Software 59

Logistics Network Optimization Software Logistics KPI Optimization Software 59

Turvo

FEBRUARY 17, 2021

One of the most significant challenges the shipping industry faces is related to real-time freight analytics. ” Using real-time freight analytics effectively can be a game-changer for companies. ” Using real-time freight analytics effectively can be a game-changer for companies.

Real-time Visibility 56

Real-time Visibility Prescriptive Analytics Software Predictive Analytics Analytics Software 56

Supply Chain Opz

JUNE 1, 2014

In order to compensate a long waiting time, Adidas uses air freight or courier service. Moreover, products can be shipped to stores in-time then lost sales is minimal. They use the global level KPI to ensure that each player in the same supply chain is measured the same way. Also, they utilize SCOR Model as the standard process.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

The Logistics of Logistics

FEBRUARY 18, 2013

The best LTL KPI for measuring damaged shipments is simply the percentage of damage free shipments delivered. Cost, on time performance and billing accuracy don’t mean much if the carrier damages the freight. To minimize freight damage, begin measuring it with the damage free shipments KPI. damage free shipments.

KPI 100

KPI Freight Third Party Logistics Metrics 100

SCMDOJO

MAY 13, 2022

Each year around 700 million TEUs are shipped across the world keeping global trade and businesses running and more than eighty percent of global goods trade volumes are carried by sea, with about a sixth of that volume in shipping containers. Supply Chain KPI Dashboard.

Supply Chain Design Software 83

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Design 83

Logistics Bureau

JANUARY 30, 2025

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your ocean freight prices. The answer is to benchmark your freight, of course.

Benchmarking 40

Benchmarking Negotiating Skills Freight Rail Software 40

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). The LTL cost per pound is also completely transparent (can’t tweak the numbers) and it provides great insights into a company’s freight spending. Additional Reading on LTL KPIs.

KPI 109

KPI Cost Reduction Strategies Third Party Logistics Metrics 109

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. The newest logistics KPI is customer service.

Logistics Network Optimization Software 230

Logistics Network Optimization Software KPI Logistics Third Party Logistics 230

The Logistics of Logistics

FEBRUARY 19, 2013

The best LTL KPI for measuring billing accuracy is simply the percentage of accurate bills. Incorrect freight bills drive the accountants crazy and drive the costs up. Sometimes it has to be passed on to clients, who were already billed for freight or the added cost has to be absorbed by the shipper.

KPI 100

KPI Third Party Logistics Price Reduction Cost Reduction Strategies 100

Logistics Bureau

JANUARY 1, 2025

A Abaft: A point on a ship, toward the stern, and hence beyond the central point of the ships length. Abandon: In shipping, this term refers to the act of a shipper or consignee abandoning some or all of their cargo. Adjustment: A term used in freight shipping to denote additional charges applied to a shipment after delivery.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 76

SCMDOJO

MARCH 25, 2022

. “ Supply Chain Management is defined as a channel construct as the structure of inter-company units and extra-company agents and dealers, wholesale and retail, through which a commodity, product, or service is marketed” Supply Chain KPI Dashboard. The ICC also regulates the closure of railway lines.

Supply Chain Planning Software 138

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 138

SupplyPike

NOVEMBER 12, 2019

OTIF stands for On Time In Full and is a key performance indicator ( KPI ) of your products’ supply chain. OTIF is a crucial measurement of how well your operations team fulfills your orders according to the requirements of your customers.

How To 69

How To KPI Supply Chain Design Supply Chain 69

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

6 River Systems

OCTOBER 12, 2020

“This would increase the complexity of route planning and make more difficult the quest to eliminate empty back hauls as the number of shipping points increases and the number of shipments out of more rural locations increases,” explains Skip Berry in an article published by Clarkston Consulting. This is known as “dropshipping.”

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Material Savings Inventory Reduction 98

The Logistics of Logistics

DECEMBER 2, 2012

Highly effective shippers are successful because they have developed the right attitude and habits regarding shipping. Strategic view of shipping. Highly effective shippers see a well-run shipping function as a competitive advantage. Good data will provide great insights for future actions to improve shipping.

Logistics Network Optimization Software 274

Logistics Network Optimization Software Pricing Training Continuous Improvement Purchasing Skills 274

RFgen

MARCH 10, 2025

This was seen in global shipping disruptions in 2021, where firms faced lawsuits for failing to deliver goods on time. Furthermore, efficient stock balancing reduces the need for costly emergency replenishments, which often involve expedited shipping and premium freight rates.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Modeling Supply Chain Optimization 52

Intelligent Audit

NOVEMBER 3, 2022

Transportation network optimization is simply streamlining your network of logistics carriers, the methods for shipping, and the processes for managing the network. This adaptation allows shippers to find the best choice for each situation and manage the disruptions in the shipping industry. What Is Transportation Network Optimization?

Network Optimization 52

Network Optimization Supply Chain Network Software Optimization Software Modeling 52

Intelligent Audit

FEBRUARY 2, 2021

One way to improve logistics insights is to learn how to navigate the e-commerce world of automation, 3PL partnerships, and freight management. This can be achieved with logistics performance management practices: Capture real-time data with IoT tracking and a streamlined management and shipping process.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Planning Software Analytics Software Data 52

Intelligent Audit

DECEMBER 3, 2020

Shipping and logistics are extraordinarily complex. The two business functions generate a ton of shipping data. Instead, management and analysis of shipping and logistics data needs to be more straightforward. Where am I shipping to? But managing data manually is too time-consuming. It needs a digital, automated process.

Cost Reduction Strategies 52

Cost Reduction Strategies Prescriptive Analytics Software Analytics Software Waste Reduction 52

EC Sourcing Group

MARCH 12, 2023

Some of the most common invoice errors include charging the wrong item price or for the wrong quantity, or charging freight which is not contractually allowed. Identify your data sources that can help identify supplier performance. Update the data frequently because interactions and transactions with the supplier change often.

Procurement Analytics 52

Procurement Analytics Purchasing Skills Procurement Solutions Supply Chain Planning Software 52

Logistics Bureau

OCTOBER 6, 2024

FEFO First Expires First Out – An inventory management method where products with the nearest expiration date are shipped out first. FCL Full Container Load – A shipping term indicating that a container is loaded to its full capacity with cargo from a single shipper.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 75

Intelligent Audit

JUNE 8, 2021

Transportation and logistics managers have a lot jockeying for their attention as many different services and aspects of shipping fight for time and resources. Every item shipped, whether across town, across the country, or across the globe, requires durable and affordable packaging.

Packaging 52

Packaging Transportation Management Transportation Industry 52

Intelligent Audit

JUNE 7, 2021

Transportation and logistics managers have a lot jockeying for their attention as many different services and aspects of shipping fight for time and resources. Every item shipped, whether across town, across the country, or across the globe, requires durable and affordable packaging.

Packaging 52

Packaging Transportation Management Transportation Industry 52

Intelligent Audit

APRIL 8, 2022

KPI addressed this by sponsoring an on-floor seminar titled, “ Is Micro-fulfillment right for me? ” Aggregated data is especially crucial for shipping companies that utilize all forms of transportation, such as parcels, requiring different freight payment types. on March 29.

Sourcing Strategies 52

Sourcing Strategies Expense Reduction Material Savings Cost Reduction Strategies 52

EazyStock

SEPTEMBER 25, 2018

Fancy KPI dashboards show you how you are stacking up month to month and call out areas where there is room to cut costs. Veeqo features include picking, packing, and shipping management capabilities, a Veeqo Scanner for easier warehouse operations, and it lets you manage multiple warehouses in one place.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 78

Intelligent Audit

OCTOBER 27, 2022

What does that mean for a shipper dealing with hundreds or thousands of freight invoices monthly? . One solution is to turn to big shipping data. Shippers can get a handle on their expenses by tracking freight invoices and improving their logistics strategy. . Freight Audit in Multiple Modes.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

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. The LTL carrier scorecard becomes a roadmap for driving LTL shipping improvements. In general it’s preferred to choose just a few KPIs (say 3 or 4) to focus on.

Cost Reduction Strategies 117

Cost Reduction Strategies KPI Price Reduction Expense Reduction 117

The Logistics of Logistics

FEBRUARY 19, 2013

When it comes to LTL freight damage, the shipper and consignee both have responsibilities. LTL Freight Damage – Shipper Responsibilities. Proper description on the shipping papers. The shipper must follow all tariff and shipping regulations related to the product. LTL Freight Damage – Receiver Responsibilities.

Freight 100

Freight KPI Packaging 3PL 100

Unleashed

FEBRUARY 28, 2023

It can also be an important productivity key performance indicator (KPI), used to track progress and highlight areas where more training or better equipment may be required. Although receiving efficiency is itself a KPI, other metrics can also assist in measuring how optimally your business receives goods.

Inventory Management Software 52

Inventory Management Software How To Inventory Reduction Warehousing 52

The Logistics of Logistics

OCTOBER 30, 2012

They will also learn specific actions for reducing LTL carrier shipping costs. 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. Webinar topics will include: 1.)

KPI 100

KPI Cost Reduction Strategies Third Party Logistics How To 100