GlobalTranz

APRIL 25, 2016

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. Transportation is measured just as a cost rather than what it does for the rest of the organization. Other areas to consider measuring as it relates to transportation: Managing inventory. Read more. .

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

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. Transportation and Routing: The logistics department is responsible for planning and organizing the transportation of goods.

Optimal Sourcing 98

Optimal Sourcing Pricing Training Logistics Network Optimization Software Inventory Reduction 98

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 83

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 83

DELMIA Quintiq

MARCH 29, 2023

In fact, the outperforming logistics vendors today (based on profitability and revenue growth metrics) are the ones that were extra cautious on capital expenditure in the years following the recession. Similar behavior was seen across road transport and air cargo.

Logistics Network Optimization Software 156

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

SCMDOJO

AUGUST 10, 2024

While internet-based transport exchanges offer potential, their effectiveness is still debated due to uncertainties in carrier and shipper participation. Postponement: Strategies like Just-in-Time and postponement can reduce inventory and transportation costs. Their strategic decisions now influence overall business performance.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Strategies Resource Reduction Inventory Reduction 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 115

S&OP Procurement Analytics Supply and Demand Analytics Software 115

Intelligent Audit

NOVEMBER 3, 2022

On the transportation end of supply chains, shippers adapt to the transportation needs at any given time to ensure this part of the supply chain continues as well as possible. This is why transportation network optimization is important. What Is Transportation Network Optimization? Ready Your Data.

Network Optimization 52

Network Optimization Supply Chain Network Software Optimization Software Modeling 52

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

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. KPIs Question 1. What are the major KPI’s to be followed under the below attributes: Cost or Cost Savings. Customer metrics. Of course.everyone.right?

Modeling 194

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 194

BlueYonder

APRIL 9, 2024

Carlsberg has also introduced electric trucks and established a specialized transportation control tower in Poznan, Poland. The success of Carlsberg’s overall sustainability strategy will largely be driven by optimizing this transportation process. In a recent webinar , Carlsberg shared more on this topic.

Optimal Sourcing 113

Optimal Sourcing Sustainability Material Savings Waste Reduction 113

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. Transportation and Routing: The logistics department is responsible for planning and organizing the transportation of goods.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Pricing Training Inventory Reduction 52

Intelligent Audit

DECEMBER 10, 2020

That’s why shippers need to track shipping data and the supply chain KPI values that affect both throughput and financial stability. We will take a closer look at the leading throughput supply chain KPIs needed for success for this two-part series. The so-called perfect order metric is the ideal supply chain KPI.

Supply Chain Software 52

Supply Chain Software KPI Supply Chain Optimization Supply Chain Strategy 52

The Logistics of Logistics

FEBRUARY 15, 2013

A highly effective 3PL will use key process indicators (KPIs) to monitor logistics performance. 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. Logistics Key Process Indicators (KPI).

KPI 190

KPI Logistics Network Optimization Software 3PL Continuous Improvement 190

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

Logility

AUGUST 14, 2023

Transactional and customer-facing data, such as transportation data and manufacturing and purchase orders, are important for generating demand signals and calculating demand variability. The presence — or absence — of required data is going to have an impact on the metrics being used to measure the success of the project.

Supply Chain Planning Software 199

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Procurement Solutions 199

SCMDOJO

FEBRUARY 20, 2023

It involves various activities, such as warehousing, inventory management, transportation, and logistics. These should be tailored to the business’s specific needs but often include metrics such as on-time delivery, order accuracy, cost of delivery, customer satisfaction levels, and operational efficiency.

Inventory Reduction 119

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

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

It serves as the compass guiding shippers toward efficient, economical, and dependable cargo transport. By crafting a well-defined strategy, businesses can mitigate transportation costs, mitigate supply chain disruptions, and uphold customer satisfaction. At the heart of it all, an effective procurement strategy remains paramount.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

Intelligent Audit

JANUARY 28, 2021

Today, a large part of transportation management and shipment optimization focuses on analysis. 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. Optimizal Carrier Usage – Mode selection is another tricky KPI.

Logistics Network Optimization Software 59

Logistics Network Optimization Software Logistics KPI Optimization Software 59

SCMDOJO

OCTOBER 7, 2024

Examples of Cost Efficiency An Abacus Company of Courier and Logistics operates two routes: Route 1 runs with costs of $5,000 per month and transports 1,500 parcels. Whereas, route 2 runs with costs of $4,500 per month and transports the same number of parcels. Which route is Cost-effective?

Sourcing Strategies 52

Sourcing Strategies Negotiating Skills Cost Reduction Strategies Optimal Sourcing 52

Unleashed

DECEMBER 11, 2022

When you measure and analyse the right warehouse KPIs, you can make better-informed business decisions based on real data. That’s why, with so many possible variables to track, it’s critical to know which metrics matter most. 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

SCMDOJO

MARCH 19, 2024

Logistics Logistics involves managing the transportation and delivery of goods. Analyze performance metrics and implement improvements to enhance efficiency. To run the department, a supply chain manager needs certain supply chain metrics and KPIs to improve performance. Coordinate with carriers and optimize routes.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 98

crisp

DECEMBER 15, 2021

Establish a set of KPIs and set performance targets to measure your progress. . A good KPI to track for this goal might be a low out of stock (OOS) rate. These ‘ driver metrics ’ can give you an early signal to act on before your outcome is impacted. Let’s take the example of a supply chain team at a major retailer.

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

Logistics Bureau

NOVEMBER 15, 2021

As I’ve mentioned in other KPI articles that I’ve written, we come across a surprising number of businesses that struggle to choose and use KPIs effectively in our consulting work. This time I’m going to share some warehouse-specific insights into KPI selection and use. 1) Speed up the Warehouse.

Warehousing 52

Warehousing KPI Inventory Reduction Expense Reduction 52

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). Logistics Key Process Indicators (KPIs). LTL KPI – Cost per Pound Calculation. LTL KPI – Cost per Pound Calculation. Additional Reading on LTL KPIs.

KPI 100

KPI Cost Reduction Strategies Third Party Logistics Metrics 100

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

The Logistics of Logistics

FEBRUARY 18, 2013

The best LTL KPI for measuring damaged shipments is simply the percentage of damage free shipments delivered. To minimize freight damage, begin measuring it with the damage free shipments KPI. LTL KPI – Damage Free Shipments. Insights from Damage Free Shipment KPI. Does your company use the KPI described above?

KPI 100

KPI Freight Third Party Logistics Metrics 100

The Logistics of Logistics

FEBRUARY 19, 2013

The best LTL KPI for measuring billing accuracy is simply the percentage of accurate bills. Regardless of who does the freight bill auditing, shippers should measure billing accuracy with the LTL KPI described in this article. LTL KPI – Calculating Billing Accuracy. Insights from Billing Accuracy KPI.

KPI 100

KPI Third Party Logistics Price Reduction Cost Reduction Strategies 100

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

GlobalTranz

DECEMBER 28, 2015

We write to five main categories on the Cerasis blog: Manufacturing, Supply Chain, Logistics, Transportation Management, and Freight. Each of these five include several sub categories for more specific articles, such as the TMS category under Transportation Management. Read the Full article here. . Read the full article here.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Logistics Third Party Logistics 3PL 120

BlueYonder

MARCH 25, 2022

Ability to push data and insights into upstream and downstream supply chain solutions like Supply Planning, Demand Planning, Warehouse Management System (WMS), Transport Management System and Customer Service. These strategic KPIs include: Customer Service Levels ESG Initiatives OTSR Metrics Revenue Growth Cash to Serve Cost to Serve.

Modeling 98

Modeling Scenario Planning Supply Chain Planning Software Supply Chain Strategy 98

Unleashed

APRIL 9, 2024

To measure how effective a company is at delivering complete orders on time, you can use the aptly named On Time in Full (OTIF) metric. OTIF meaning On Time in Full (OTIF) is a supply chain management metric that tracks a supplier’s ability to meet delivery promises. Why is OTIF an important supply chain management metric?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Waste Reduction Cost Reduction Strategies 52

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. 4: Use Standardised Metrics. What is Freight Benchmarking?

Benchmarking 70

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 70

Unleashed

FEBRUARY 28, 2023

Here, we’ll talk about what receiving efficiency is, how to measure it using warehousing metrics, and cover a few different ways to optimise your inward goods process. Receiving efficiency is a useful warehousing metric that helps business owners determine whether their receiving process needs improvement. What is receiving efficiency?

Inventory Management Software 52

Inventory Management Software How To Inventory Reduction Warehousing 52

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.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

Enterra Insights

APRIL 22, 2019

Whether you KPI them on Turnover or Profit Margin, having them buy into OTIF is crucial to managing the customers’ expectations.” ” Purchasing – “The KPI most used in Purchasing Departments is Stock Turn. A few years ago, Murray Sellars wrote about the pieces of the puzzle that need to be coordinated.[5] Footnotes. [1]

Procurement Analytics 113

Procurement Analytics Manufacturing Procurement KPI Purchasing Skills 113

Precoro

MARCH 31, 2023

Sourcing from local suppliers to support the local communities and save costs on transportation. Identify ways to decrease their environmental footprint by analyzing spend data related to energy usage, transportation, and raw materials and measuring carbon emissions, water usage, and waste generation. Let's learn more about them.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

Logistics Bureau

OCTOBER 6, 2024

They handle activities like warehousing, distribution, and transportation for other businesses. KPI Key Performance Indicator – Measurable values that demonstrate how effectively a company is achieving key business objectives. In supply chain, KPIs might include on-time delivery rates, inventory turnover, or order accuracy.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 70