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

GlobalTranz

DECEMBER 8, 2017

The perfect order KPI tracks the overall accuracy and timeliness of each shipment. Perfect Order KPI = On-Time Delivery and Shipment KPI x Complete Order Percentage x Damage-Free Percentage x Accurate Invoicing Percentage. To calculate the perfect order percentage, one must understand the on-time KPI.

Supply Chain Design Software 170

Supply Chain Design Software Supply Chain Software KPI Supply Chain Design 170

Logistics Viewpoints

JANUARY 18, 2024

This ensures the secure, high-capacity, and bi-directional transfer of essential information such as master data on products, customers, production-distribution infrastructure, transactional data on sales, inventory status and position, transportation execution data, external data e.g. competitor pricing, weather, recommendations, action triggers.

Supply Chain Software 281

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Network Design Software 281

DELMIA Quintiq

SEPTEMBER 16, 2021

It considers all your business- and KPI-specific constraints, including capacity planning and respective lead times, and allows your planners to conduct daily dynamic replanning based on all latest information regarding material and work order progress, resource shutdowns, achieved yields and more.

Optimal Sourcing 287

Optimal Sourcing Supply Chain Optimization Network Optimization Optimization Software 287

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

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

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

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

DELMIA Quintiq

OCTOBER 19, 2021

Increasing planning quality and visibility with smart algorithms and KPI based planning, allows Lufthansa Cargo to handle more cargo in the same facilities with better on-time performance, making it both a booster for efficiency as well as customer satisfaction. Lufthansa Cargo AG. With a turnover of 2.8 billion euros and 6.5

Supply Chain Planning Software 296

Supply Chain Planning Software Analytics Software Supply Chain Network Software Optimization Software 296

Logistics Viewpoints

MAY 23, 2024

Integrated Scenario Planning (ISP) serves as an optimization layer atop the supply chain technology stack, leveraging mathematical algorithms and optimization models to support decisions across key supply chain elements: locations, products, demand, supply, inventory, and transportation.

Modeling 246

Modeling Scenario Planning Supply Chain Planning Software Supply Chain Optimization 246

DELMIA Quintiq

AUGUST 1, 2016

Not convinced that your warehouse and transport teams need to collaborate? Steve, the head of transport at a large retailer and Eddie, the head of warehouse operations both look at their daily operations from a very different angle. Eddie shows Steve the warehouse’s KPI report from the last few days. It looks good.

Warehousing 120

Warehousing Transportation Supply Chain Planning Software Optimization Software 120

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 83

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

GlobalTranz

JUNE 14, 2017

This is a simple key performance indicator (KPI), another name for metrics, to track. This KPI should be as high as possible, reflecting accurate inventory available for customers from suppliers. When considering the timeliness of a shipment in this KPI , you can derive an order completion metric. Inventory Accuracy.

Procurement Analytics 191

Procurement Analytics Omnichannel Metrics Supply Chain Design Software 191

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. Use the Warehouse/3PL Transportation Management System (TMS) to optimize lanes and routes to save 15% + cost Reduction. Who doesn't love a good contract?

Modeling 194

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 194

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

DELMIA Quintiq

OCTOBER 27, 2020

As the size and complexity of wind turbines grow, so do the manufacturing process requirements and component transportation costs. These new blades approach the limit of existing ground transportation infrastructure in terms of managing their delivery from the factory to the installation site.

Transportation 317

Transportation Optimal Sourcing Manufacturing Procurement Price Mitigation Strategies 317

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. Managing the modern transportation network is no easy task and presents a host of challenges. The paper and packaging industry must deliver and meet these demands.

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. Managing the modern transportation network is no easy task and presents a host of challenges. The paper and packaging industry must deliver and meet these demands.

Packaging 52

Packaging Transportation Management Transportation Industry 52

DELMIA Quintiq

MARCH 29, 2023

Similar behavior was seen across road transport and air cargo. Although transport cost across all modes have been trending downwards for the last few months, it merely represents a shift in bottleneck from containers and transport vehicles to port handling and driver capacity.

Logistics Network Optimization Software 156

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

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

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. KPI dashboards to start measuring key supply chain KPIs such as excess inventory and stock-outs are important.

Supply Chain Planning Software 251

Supply Chain Planning Software Optimal Sourcing Supply Chain Planning Scenario Planning 251

Supply Chain Game Changer

JULY 21, 2021

In supply chain, simply observing your entire supply chain in action to assess it is not possible, but with data and a reliable performance management system like The Owl, you can at-least have a real-time view of your supply chain performance through KPIs and metrics. Procurement Cost. Cash to Cash Cycle Time (Cash).

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

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

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

Intelligent Audit

DECEMBER 3, 2020

Being able to reduce transportation costs requires managers to focus on ways to boost overall return on investment (ROI). That amounts to leveraging more data and shipping analytics -driven decision making to lower transportation costs through the current disruption and those that may arise in the future. Where am I shipping to?

Cost Reduction Strategies 52

Cost Reduction Strategies Prescriptive Analytics Software Analytics Software Waste Reduction 52

The Logistics of Logistics

NOVEMBER 12, 2021

Matt is the VP of Sustainability and Innovation at Covenant Transport Services , a premium service provider of transportation services with focus on temperature controlled products, regional, and long haul delivery. Covenant Logistics provides transportation and logistics services in the United States. About Matt McLelland.

Sustainability 130

Sustainability Logistics Network Optimization Software Inventory Reduction Supply Chain Software 130

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 Freight Sourcing Strategies 130

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

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

DELMIA Quintiq

DECEMBER 9, 2020

Through our strategic brands Trane® and Thermo King® and our extended portfolio of environmentally responsible products and services, we bring efficient and sustainable climate solutions to buildings, homes, and transportation. Our world is dealing with unprecedented challenges.

Waste Reduction 317

Waste Reduction Cost Reduction Strategies Supply Chain Design Software Resource Reduction 317

DELMIA Quintiq

MAY 17, 2023

Many of Earth’s scarce resources are consumed by industrial processes and transport – which are the building blocks of today’s supply chains. According to the IPCC, about one-third of the global CO2 emissions are linked to industry, and 15% to transport – together this is almost half of the total CO2 emissions.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Scenario Planning Sustainability 156

Logistics Bureau

MARCH 23, 2021

Supply Chain Secrets: One Of The Best KPI Ever. Logistics Bureau Group: 3 Benefits of Transportation Fleet Benchmarking in Logistics Companies. Watch this video: Related videos and articles on this topic have appeared throughout our websites, check them out: Robobyrne: How to Benchmark Your Supply Chain. Best Regards, Rob O’Byrne.

Benchmarking 90

Benchmarking Supply Chain Software Supply Chain KPI 90

DELMIA Quintiq

OCTOBER 18, 2019

DELMIA Quintiq’s planning solution enabled the retailer to seize opportunities for route consolidation and improve its KPI for empty miles — something no other solution provider in the vendor selection process was able to prove they were able to do. Step 3: Choose the right solution – and make sure it fits.

Supply Chain Optimization 159

Supply Chain Optimization Optimization Software Price Mitigation Strategies Vendor Strategies 159

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. Example: $507.34 divided by 1440 lbs.

KPI 100

KPI Cost Reduction Strategies Third Party Logistics Metrics 100

SCMDOJO

FEBRUARY 20, 2023

It involves various activities, such as warehousing, inventory management, transportation, and logistics. By regularly measuring these KPIs against expected goals and making adjustments as necessary, businesses can ensure that their distribution process runs smoothly and efficiently. Logistics KPI Dashboard Excel Template 4.

Inventory Reduction 119

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

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

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. For Goods Receiving.

Warehousing 52

Warehousing KPI Inventory Reduction Expense Reduction 52