The Logistics of Logistics

JANUARY 26, 2016

The warehouse is one of the most important links of the supply chain. It’s crucial to optimize warehouse management operations in order to compete with other businesses. Key performance indicators (KPIs) give you a means to measure how well you are doing and make the right adjustments. Accuracy of Inventory Records.

Warehousing 100

Warehousing KPI Inventory Reduction Cost Reduction Strategies 100

Unleashed

DECEMBER 11, 2022

Efficient warehousing is all about knowing what’s working, what’s failing, and what can be improved. When you measure and analyse the right warehouse KPIs, you can make better-informed business decisions based on real data. In this guide to warehouse KPIs: What are ‘warehouse KPIs’ and why should you use them?

Warehousing 98

Warehousing Inventory Reduction Cost Reduction Strategies Inventory Management Software 98

GlobalTranz

OCTOBER 29, 2015

We conclude our ongoing series in talking about effective KPI management by giving you a real live Logistics KPIs management case study from Whirlpool's engagement with a logistics service level provider. We started the series first by " 9 Key Topics to Understand to Frame A Shipper’s Mind for Effective KPI Management with a 3PL."

Case Study 120

Case Study KPI Logistics Network Optimization Software Supply Chain Design Software 120

6 River Systems

OCTOBER 19, 2020

Warehouse logistics is the heart of any supply chain operation, assimilating and dispatching goods to ensure availability and timely delivery. One of the best ways to reduce shipping costs and ensure fast delivery is by optimizing warehouse logistics. What is warehouse logistics? Where are they located? What is the order volume?

Warehousing 98

Warehousing Logistics Network Optimization Software Inventory Reduction Supply Chain Planning Software 98

Logistics Bureau

APRIL 19, 2022

Here are some tips on Warehouse Diagnostics and some of the KPIs and techniques you might use. Related articles on this topic have appeared throughout our website, check them out: A Concise Guide to Inventory KPIs for Your Business. KPIs for Your Warehouse: How to Choose and Use Them.

Warehousing 84

Warehousing KPI Benchmarking Analysis 84

Logistics Viewpoints

APRIL 19, 2023

In order to achieve this, demand planning, inventory planning, supply planning via procurement and/or production planning, along with fulfilment/allocation and even transportation planning need to be integrated. Dynamic Cross-dock allocation takes into account sales rates and current inventory at the stores.

Supply Chain Planning Software 246

Supply Chain Planning Software Optimal Sourcing Supply Chain Planning Scenario Planning 246

ShipBob

JANUARY 28, 2022

Proper inventory management can make or break ecommerce brands: Have too much stock and you’ll rack up storage costs and tie up cash flow. That’s why it’s crucial to track inventory management KPIs consistently. . What are KPIs & why are they important for your inventory management?

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

RFgen

NOVEMBER 8, 2018

Key Takeaways: Warehousing and distribution face unprecedented pressures from COVID-19 disruption, commoditization, labor shortages and rising customer expectations. Warehouse automation is an effective way to gain efficiencies, cut costs and scale operations. Physical warehouse automation is costly. High warehouse turnover.

Warehousing 59

Warehousing Supply Chain Software Supply Chain Planning Software Inventory Management Software 59

RFgen

NOVEMBER 8, 2018

Key Takeaways: Warehousing and distribution face unprecedented pressures from COVID-19 disruption, commoditization, labor shortages and rising customer expectations. Warehouse automation is an effective way to gain efficiencies, cut costs and scale operations. Physical warehouse automation is costly. High warehouse turnover.

Warehousing 59

Warehousing Supply Chain Software Supply Chain Planning Software Inventory Management Software 59

Techgistics

APRIL 30, 2023

Future-proofing your warehouse operation is essential in a world where e-commerce is booming and customer expectations are sky-high. For example, ML can be used to make autonomous slotting decisions - no more manual processes or dependency on spreadsheets to slot inventory. “ As a company’s fleet of robots grows.

Optimization Software 130

Optimization Software Predictive Analytics Software Optimal Sourcing Warehousing 130

Logistics Bureau

DECEMBER 20, 2021

As we are often asked about KPIs for inventory management , that’s what we’re going to focus on in this particular post. After reading, you will be better informed about the most appropriate KPIs for IM and know the more commonly used ones. 10 Invaluable KPIs to Track Inventory Management Performance.

Inventory Reduction 84

Inventory Reduction Inventory Forecasting Cost Reduction Strategies 84

SCMDOJO

JUNE 6, 2023

2 – Inventory Optimization Tool in Excel Inventory is a vital component for wholesalers, distributors, and manufacturers, representing valuable assets in the form of the products they sell. Efficiently managing inventory is crucial for maintaining optimal cash flow and meeting customer service expectations.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Optimization Software Material Savings 98

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Industries experienced severe operational and financial consequences with issues like supply shortages, supply and demand surges, inventory shortfalls and reduced productivity. It measures the amount of elapsed time from when an order is accepted to when the product is produced and entered into finished goods inventory. Outbound KPIs.

Manufacturing Procurement 105

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

RFgen

MARCH 27, 2024

For any business that handles materials or fixed assets, inventory control is central to operational efficiency and customer satisfaction. To manage inventory efficiently requires technology. However, efficiency and optimization only come from advanced inventory control software. It’s a delicate balancing act.

Inventory Reduction 80

Inventory Reduction Inventory Management Software Resource Reduction Supply Chain Planning Software 80

RFgen

AUGUST 10, 2023

In a fast-paced warehouse, the need for real-time information extends to every aspect of operations. Inventory management is no exception. Today’s digital supply chain makes manual inventory control obsolete. Technology solutions step in to help warehouses and production plants streamline materials management and reduce costs.

Real-time Visibility 86

Real-time Visibility Inventory Management Software Supply Chain Planning Software Inventory Reduction 86

Logistics Bureau

FEBRUARY 22, 2021

Delivered in full & on time (DIFOT) is a very important key performance indicator (KPI) but most people measure it the wrong way and that’s why I am going to explain what I think is the best measure. Inventory Availability. Warehousing. The inventory people. Can you see why I absolutely love this KPI?

KPI 52

KPI Warehousing Benchmarking Inventory 52

Silvon Software

JUNE 1, 2023

Remember that you can update your KPI selection at any time, so remain open to replacing ineffective metrics. The most important aspect to remember is that KPIs should align with your business strategy. This includes procurement, production, transportation, warehousing, and distribution.

S&OP 111

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 111

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

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

Kanban Logistics

FEBRUARY 27, 2020

The modern warehouse offers much more than basic storage. It’s home base for sophisticated eCommerce operations, high-velocity retail distribution, vendor managed inventory, and a variety of other services. Types of 3PL Warehousing. There are three basic types of warehousing available to you. The DIY method.

Warehousing 52

Warehousing 3PL Negotiating Skills Logistics Network Optimization Software 52

Kanban Logistics

OCTOBER 31, 2023

If you’re outgrowing your current warehousing partner or are ready to make the leap from DIY to a more robust operation, 3PL outsourcing may be the answer. In this article, we’ll tell you a little about what a 3PL warehousing operation looks like and give you 5 benefits that an outsourced 3PL relationship can have for your business.

Warehousing 52

Warehousing 3PL Supply and Demand Logistics Network Optimization Software 52

Supply Chain Opz

AUGUST 3, 2014

For example, when warehouse staffs pick the orders faster, cost per order can be reduced. Suppose you want to buy the steel sheet products, the simplest KPI is "thickness tolerance" (say 0.5 4) Personal Metrics : Inventory Turnover Ratio is always assigned to an inventory controller (why not? It''s the inventory metric).

Procurement Analytics 157

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Planning 157

Unleashed

MAY 2, 2022

There are a lot of inventory performance measures you could track. Explore our live inventory calculators and formulas page. In this article on inventory performance measures. Why use performance measures for inventory management? Then you will need to know the inventory value at the end of the period.

Inventory Reduction 98

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 98

SCMDOJO

FEBRUARY 20, 2023

It involves various activities, such as warehousing, inventory management, transportation, and logistics. This can include examining everything from inventory management and order fulfilment to warehousing, delivery, and customer service.

Inventory Reduction 111

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 111

SCMDOJO

OCTOBER 7, 2022

Logistics KPIs examples can vary from Basic 5 Logistics KPIs to a detailed list of 47 , which you can get from here. Logistics is the central system that controls physical inventory flow in a supply chain. Warehouse Space Utilization = Total warehouse ares occupied by activities / total warehouse capacity floor (m2) * 100.

Optimal Sourcing 119

Optimal Sourcing Logistics Network Optimization Software Logistics Supply Chain Design Software 119

The Logistics of Logistics

NOVEMBER 12, 2021

In early 2000 he entered the world of logistics – mostly implementing large software systems but due to his professional curiosity consistently asked to look at innovations in trucking and warehousing. It operates through four segments: Expedited, Dedicated, Managed Freight, and Warehousing. About Covenant.

Sustainability 130

Sustainability Logistics Network Optimization Software Inventory Reduction Supply Chain Software 130

EazyStock

NOVEMBER 17, 2020

What is ERP inventory management? When it comes to inventory management, ERP systems are ideal for tracking stock along the supply chain, monitoring stock levels and order processing. ERP inventory management limitations. ERP inventory management needs sophisticated demand forecasting.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Forecasting Software 98

SCMDOJO

MAY 30, 2024

From the warehouse manager to the transportation coordinator, each role in the logistics department contributes to the smooth flow of deliveries. Let’s explore these functions in more detail: Inventory Management: One of the primary functions of the logistics department is to manage inventory effectively.

Optimal Sourcing 77

Optimal Sourcing Pricing Training Logistics Network Optimization Software Inventory Reduction 77

Supply Chain Game Changer

APRIL 30, 2020

8 Ways to Improve Your Warehouse Fulfillment Efficiency! Key performance indicators (KPIs) provide an invaluable way to judge the efficacy of operations, determine opportunities for improvement, improve customer experiences , and better manage supply chain functions, including warehouse management. Subscribe Here! Email Address.

Warehousing 72

Warehousing Supply Chain Planning Software Inventory Reduction Supply Chain Software 72

Logistics Bureau

OCTOBER 20, 2021

The components of the perfect order KPI are as follows: On-time delivery: A calculation of the percentage of sales orders that arrive on time. In full delivery: This KPI tracks the percentage of sales orders that are delivered completely, meaning that the customer receives the correct items, in the right quantities.

Supply Chain Design Software 87

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 87

Logistics Bureau

NOVEMBER 15, 2021

Is your business one that operates distribution centres and other warehouse facilities to maintain control of inventory? If so, you’re probably engaged in the eternal search to make warehouse processes faster, easier, less expensive, and safer. What Can KPIs Do for My Warehouse Operations?

Warehousing 52

Warehousing KPI Inventory Reduction Expense Reduction 52

ToolsGroup

MARCH 17, 2021

Starting from pre-implementation we align on target key performance indicator (KPI) levels and benchmark progress to accelerate time to value. Because our customers around the globe can meet or exceed their service level requirements while minimizing inventory, they’re ready for whatever tomorrow brings.” Go to www.SDCExec.com.

Optimal Sourcing 120

Optimal Sourcing Supply Chain Planning Software Demand Planning Software ToolsGroup 120

SCMDOJO

DECEMBER 29, 2024

Moreover, this course offers a comprehensive overview of production and operations management concepts that covers: Process Improvement Quality Control Inventory Management. It covers KPI selection, data analysis, and performance improvement strategies. However, another fantastic thing about this course is that it is FREE.

Optimal Sourcing 89

Optimal Sourcing Course Negotiating Skills Purchasing Skills 89

EazyStock

JANUARY 31, 2022

Inventory Management KPIs for Effective Inventory Analysis. Managing inventory is a complex business. Inventory management KPIs are important as they help analyze and track the performance of inventory management activities such as how stock is ordered, managed and turned. Inventory turnover ratio.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Analysis 52

Logistics Bureau

AUGUST 23, 2022

KPIs for Your Warehouse: How to Choose and Use Them. KPI Key Performance Indicators in Supply Chain & Logistics. A Concise Guide to Inventory KPIs for Your Business. 11 Golden Rules for Meaningful Supply Chain KPIs.

KPI 87

KPI Metrics Supply Chain Warehousing 87

Supply Chain Opz

JUNE 1, 2014

Jobs believed that Apple'' supply chain was too complex then both of them reduced the number of product availability and created 4 products segment, reduced on hand inventory and moved the assembling activities to Asia so they could focus on developing the breathtaking products that people wanted to buy.

Case Study 239

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

Enterra Insights

APRIL 22, 2019

Reporting on this development, Jennifer Smith ( @jensmithWSJ ) and Sarah Nassauer ( @SarahNassauer ) write, “Looking to cut inventory while meeting e-commerce demands, the retailer wants more of the goods it orders delivered on time and in full. ” Purchasing – “The KPI most used in Purchasing Departments is Stock Turn.

Procurement Analytics 113

Procurement Analytics Manufacturing Procurement KPI Purchasing Skills 113