GlobalTranz

OCTOBER 21, 2015

This is the first post in an ongoing series on effective KPI management from third party logistics consultant, Chuck Intrieri, of The Lean Supply Chain. . How does an SLA work with Key Performance Indicators (KPIs)? Many logistics service providers will provide their customers with an SLA. Collaboration.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Logistics Bureau

FEBRUARY 6, 2023

Who would have thought that measuring the performance of supply chain processes like warehousing, procurement, or logistics could be so troublesome? Well, we know a few supply chain managers who, having made some of the mistakes covered by this article, would attest to the potential for difficulty. Therefore, you can’t improve them.

KPI 98

KPI Supply Chain Strategy Supply Chain Software Supply Chain Design Software 98

Logistics Bureau

DECEMBER 6, 2024

It would be tempting to think of reverse logistics as forward logistics done backwards. Reverse logistic isn’t simply a reverse gear. Reverse logistics can also have a dramatic effect on steering a company’s fortunes. Reverse logistics is therefore worth doing, and worth doing properly.

Reverse Logistics 74

Reverse Logistics Logistics Network Optimization Software Vendor Strategies Cost Reduction Strategies 74

GlobalTranz

APRIL 25, 2016

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance. Every company knows customer service is important, but it is seldom well-defined, and even more rarely measured in logistics operations. Read more. . Read More. .

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Logistics Viewpoints

JUNE 22, 2023

Adding this key performance indicator (KPI) to your supply chain allows businesses to measure themselves while being able to evaluate the performance of all the participants in the commerce ecosystem. The post Editor’s Choice: On Time In Full (OTIF) in Supply Chain appeared first on Logistics Viewpoints.

Supply Chain Software 263

Supply Chain Software Real-time Visibility Modeling Software Optimization Software 263

GlobalTranz

JANUARY 4, 2017

When it comes to the logistics industry, whether it's transportation management contracts or warehouse contracts, there are a million moving parts, and as many questions. 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. 3PL Answer 1.

Modeling 194

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 194

DELMIA Quintiq

MARCH 29, 2023

Disrupted Logistics in Supply Chain Over the last four to five years, we have experienced disrupted logistics—broadly defined here as the interruption or complete breakdown of the supply chain functions at one or multiple levels. Addressing logistics challenges To overcome a wave of disruption, several measures need to be taken.

Logistics Network Optimization Software 156

Logistics Network Optimization Software Supply Chain Planning Software Optimization Software Demand Planning Software 156

The Logistics of Logistics

JANUARY 20, 2013

It will be tricky to drive change because they are likely the CEO’s “dashboard metrics”. Many measurements are sacred to the board or other metric owners. Feel free to refer the metric owner to point number 3, after you have developed a meaningful alternative.

Six Sigma 174

Six Sigma Agile and Lean Supply Chain Lean Logistics Network Optimization Software 174

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? Our Top 24 Supply Chain KPIs & Metrics.

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

Unleashed

MARCH 9, 2021

For example, industries like transportation and logistics, technology or consumer goods will focus more on supplier collaboration. That’s where Procurement Metrics and Key Performance Indicators (KPIs) come into play. Procurement metrics and KPIs allow organisations to measure results and guide best practice performance.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

The Logistics & Supply Chain Management Society

MARCH 14, 2023

Logistics Procurement – Performance Management by LSCMS Shippers’ Council Shortly after the outset of COVID, in early 2020, supply chains have been disrupted across the globe. Logistics Managers need to address other elements namely: How do we measure ocean freight spending against market levels?

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

GlobalTranz

OCTOBER 27, 2015

Today we continue our series on successfully working with a logistics company, often called a third party logistics company by focusing on how to properly understand the success of the engagement by knowing all the key performance indicators that a shipper could put in place. This starts with deploying the S.M.A.R.T.

Six Sigma 120

Six Sigma Logistics Network Optimization Software Company KPI 120

The Logistics of Logistics

APRIL 6, 2013

A service level agreement (SLA) is a contract between a Logistics service provider and a customer that specifies, in measurable terms, what services the Logistics provider will furnish. Many customers manage their Logistics providers with an SLA. These KPIs are different for each customer-Service provider agreement.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Negotiating Skills KPI Purchasing Skills 100

SCMDOJO

APRIL 11, 2025

Why You Need Visibility of Supply Chain and Procurement KPIs? Running procurement and supply chain without metrics is like driving blindfolded. Decoding the Metrics: What Are They Telling You? This metric is used to measure the efficiency and reliability of carriers in meeting their pickup commitments. Logistics issues?

Pricing Training 52

Pricing Training Negotiating Skills Purchasing Skills Optimal Sourcing 52

SCMDOJO

MAY 30, 2024

The logistics department is the unsung hero of the modern world, ensuring products reach their destination promptly and securely. In this article, we will provide an insightful breakdown of the logistics department and the various professionals that make up this crucial team. Intrigued by the logistics department?

Optimal Sourcing 98

Optimal Sourcing Pricing Training Logistics Network Optimization Software Inventory Reduction 98

SCMDOJO

AUGUST 10, 2024

This article explores key strategies for enhancing logistical efficiency and thus improving profitability and reducing cost. Logistical Efficiency in Sourcing, Distribution, and Delivery Local Sourcing: While offering potential environmental benefits, local sourcing introduces complexities like smaller vehicle sizes and less-than-full loads.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Strategies Resource Reduction Inventory Reduction 98

Silvon Software

JUNE 1, 2023

Ideally, your S&OP KPIs should consist of a mix of strategic, tactical, and operational metrics. At times, finding the right metrics can feel incredibly challenging, and there might be a tendency to measure things for the sake of measurement. What Should You Base Your KPIs On?

S&OP 111

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

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?

Warehousing 98

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

Logistics Bureau

AUGUST 23, 2022

Related articles on this topic have appeared throughout our website, check them out: 3 Practical Metrics for Supplier Performance Evaluation. 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.

KPI 98

KPI Metrics Supply Chain Warehousing 98

Logistics Viewpoints

MARCH 4, 2021

It includes all of its elements: customers, sales channels, products, warehouses, logistics network, and the interactions between them. Fourth Step: Benchmark KPIs to understand limitations and discover opportunities. On-time-in-full performance of suppliers and scorecards where multiple KPIs are combined.

Supply Chain Planning Software 290

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 290

Logistics Bureau

NOVEMBER 8, 2021

Well, not just for benchmarking, but also for maximum visibility of your supply chain and logistics performance. But perhaps surprisingly, in our work, we come across a substantial number of businesses that struggle with KPI selection and use. What Makes a “Right” KPI? The Right KPI Mix: Cost and Service-Centric Metrics.

Benchmarking 96

Benchmarking KPI Supply Chain Strategy Supply Chain Software 96

Logistics Bureau

OCTOBER 20, 2021

. “Paralysis by analysis” is a common term used to describe such a situation, and you can avoid it by monitoring a smaller number of carefully chosen KPIs. ” Feel free to track lots more metrics in the background if you wish, but try to keep attention focused on the five or six “real KPIs.”

Supply Chain Design Software 98

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

Talking Logistics

JUNE 20, 2017

The question becomes, “how are you comparing your transportation metrics to what’s happening around you?” If you only focus on the data in your own supply chain, you could be missing the bigger picture, and ultimately, misreading your KPIs. You need to explore the metric relationships to see the full story.

Global 163

Global Scenario Planning Metrics Benchmarking 163

SCMDOJO

JUNE 6, 2023

This Distribution Operations Assessment tool can be used by Original Equipment Manufacturers (OEMs), Principal Corporates, and distributors themselves to gain insight into materials management and logistics knowledge, identify gaps in skills and knowledge, and foster critical thinking and self-awareness.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Software Optimization Software Material Savings 105

Logistics Bureau

AUGUST 2, 2021

While some supply chain KPIs will provide a broad and high-level picture for end-to-end performance monitoring, others enable more granular insights into specific functions. On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

SCMDOJO

FEBRUARY 20, 2023

It involves various activities, such as warehousing, inventory management, transportation, and logistics. To stay competitive in this challenging environment, distributors must stay abreast of new trends, advances, and changes in the supply chain and logistics landscape. Logistics KPI Dashboard Excel Template 4.

Inventory Reduction 119

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 119

Precoro

JULY 16, 2023

At the heart of the whole process is the purchasing manager – a supply chain and logistics professional who works to secure the required materials, goods, and services necessary for running the business. We have selected 5 fundamental KPIs that purchasing managers should consider.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

Logistics Bureau

OCTOBER 9, 2017

What is a KPI? What is a KPI? Can you explain what a KPI is? Take the notion of a KPI or key performance indicator, for example. You’ll hear a lot in different organisations about KPIs, but that doesn’t mean they are always used effectively. As the name indicates, KPIs concern “key” areas of the business.

KPI 40

KPI Supply Chain Planning Supply Chain Metrics 40

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Another methodology is the Porter’s Value Chain Framework, which comprises of inbound logistics, operations, outbound logistics, sales, and service. It might seem easier to select SCOR as it provides KPIs for the high-level processes as well as the lower-level processes. can be measured to define this metric.

Manufacturing Procurement 105

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

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

SCMDOJO

JUNE 25, 2024

In the fast-paced world of logistics, efficient transportation is paramount. 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. Food Transport KPI Survey 2004. McKinnon, A., & Ge, Y.

Transportation 105

Transportation Cost Reduction Strategies Warehousing Netherlands 105

Supply Chain Game Changer

JULY 21, 2021

Product Management KPIs! Supply Chain KPIs article and permission to publish here provided by Harkirat Ahluwalia. Supply chain key performance indicators and metrics are ways in which someone can quantify the performance of their company’s supply chain to gain a better understanding of its strengths and weaknesses.

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

Silvon Software

MARCH 3, 2023

A Few Important KPIs for Tracking S&OP Performance As a long-time provider of business intelligence applications for manufacturing and distribution businesses, Silvon has played a key role in helping our clients define and implement performance metrics that align their S&OP initiatives with their corporate goals.

S&OP 89

S&OP Procurement Analytics Supply and Demand Analytics Software 89

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. Selecting the Right Logistics KPIs.

Logistics Network Optimization Software 230

Logistics Network Optimization Software KPI Logistics Third Party Logistics 230

Logistics Bureau

FEBRUARY 28, 2019

9 Golden Rules for Meaningful Supply Chain KPIs. If you want meaningful supply chain KPIs, you need to live with the numbers they reveal. I’ve seen more than one management team create or exploit process loopholes to arrive at better KPI results. It’s a folly to do so, and it doesn’t do the managers or the company any favours.

Supply Chain Strategy 75

Supply Chain Strategy KPI Supply Chain Planning Supply Chain Software 75

Intelligent Audit

JANUARY 28, 2021

One of the best ways for managers and team members to keep track of things is with a well-rounded logistics KPIs scorecard. What is a Logistics KPIs Scorecard. An organized and complete logistics KPIs scorecard can help bring these core characteristics and points into focus for managers. .

Logistics Network Optimization Software 59

Logistics Network Optimization Software Logistics KPI Optimization Software 59

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