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WhitePaper: Hidden Risks and Costs in an Offshore Supply Chain. In fact, our friends over at the Rodon Group, with whom we’ve started an ongoing blog collaboration, starting with this post and more to come, have written a WhitePaper entitled, “ Hidden Risks and Costs in an Offshore Supply Chain.”
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. WhitePaper: The Essential Guide to LTL Shipping Improvement: Action Plan and Metrics for Rapid Transformation.
When you track transportation metrics and KPIs like transit time, on-time pickups, and percent of truckload capacity utilized across your carrier partners, you can identify trends and opportunities for streamlined OTR transportation management. Download the WhitePaper: Over the Road Freight Management Trends. a shipment?doesn’t
Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.? Such congestion naturally leads to bottlenecks in planning drayage and eventual increases in the total cost of shipping, not to mention an added strain on trucking as the bottlenecks grow.? transportation metrics ?that
Transportation Management Data Insights Lead to Collaboration, Reduced Shipping Costs, & Beating the Capacity Crunch In this “The Freight Project Podcast” episode you’ll hear : The value to a business to have an executive in charge of driving change and innovation. GET YOUR FREE WHITEPAPER.
Focusing on the transportation metrics that have the greatest impact on the supply chain can help managers stay attentive to both short-term and long-term goals and needs. . Download the WhitePaper: Over the Road Freight Management Trends. Download the WhitePaper: Over-the-Road (OTR) Freight Management Trends.
E-commerce has presented wholesale distributors and original equipment manufacturers (OEMs) with a crown opportunity for growth, but it comes at the cost of transitioning from single-channel shipping. Some of these, reports Channel Advisor , include: Multichannel fulfillment has an increased cost in comparison to traditional shipping.
8 Big Factors to Consider for Efficient LTL Shipping. Transportation Metrics that Matter the Most for Shippers to Track to Improve Performance. GET YOUR FREE WHITEPAPER. DOWNLOAD WHITEPAPER. The Great Capacity Crunch: The Current State, Future Outlook, and How Shippers Can Thrive in Any Capacity Crunch.
The second part of Drucker’s quote, “if you can't measure it, you can't improve it,” really brings home the importance of having the right set of metrics. In the field of supply chain management, we have created an abundance of metrics and key performance indicators (KPIs). requires a different set of metrics.
If the customer uses online and in-store shopping to make a purchase, shipping and pickup options should include A, B and C. If only online shopping is used, shipping options may include B or D. WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper.
Transportation Metrics That Matter Most to Track and Improve Performance : How do you measure logistics efficiency and transportation metrics performance indicators when you are already doing the best job possible? Let’s take a look at these trucking industry trends and what kind of facts they provide. Read the Full Blog Post.
In this “The Freight Project Podcast” episode you’ll hear : How the access to more data in transportation management is allowing carriers & shippers to have fact-based conversation that are resulting in improved relationships and thusly more efficient shipping, profitability, and access to available capacity.
On the other hand, only 8 percent of companies that were rated by their executives as less than significantly above average on supply chain-related metrics have the same performance. WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download WhitePaper. GET YOUR COPY HERE.
WHITEPAPER] The Current Factors Driving the Less Than Truckload Pricing Market. Download WhitePaper. TMS software keeps track of metrics better attuned to the industry, such as fuel trends, number of late shipments, transit times and more. This helps reduce the overall cost of shipping and improve profits.
WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download WhitePaper. Use metrics and Big Data analytics for performance measurement and improvement, explains Inbound Logistics. GET YOUR COPY HERE. Use an automated storage and retrieval system (ASRS).
The complete results have been published in a new whitepaper, “Do ‘Favored Shippers’ Really Receive Better Pricing and Service?”. A two hour average dwell time at the origin increases the freight rate for every load shipped from that origin by an average of $9.83 (in addition to any detention charges).
BONUS : Download the Guide To LTL Freight Mangement WhitePaper. Shippers structure a successful RFP when they align themselves with carriers that fit their shipping profile. Routing guides optimize freight lanes and remove excess shipping costs. 10 LTL Procurement Cost Cutting Tips. Carefully select RFP questions.
We have also now published an e-book , put out several whitepapers , and held several webinars. Manufacturing Metrics that Matter Most: A Comprehensive Checklist. Transportation Metrics That Matter Most to Track and Improve Performance. What is LTL Shipping (Less-Than-Truckload) and How Did it Come About?
Those two locations may differ across many important metrics: footprint, demographics, seasonality, logistical support, sell-through history, competitive landscape, sales trends, to name a few. More specifically, a planner lays out the merchandise plan by week, by category, by defined business metrics. Share your stories with us.
Accenture has just released a whitepaper titled “Supply chain for a new age” which you can get here. In this paper, the author describes various components of the next generation supply chain and introduces the role of “Network Planners”.
Many factors play into shipping costs within the supply chain network. Optimizing shipping costs and examining the budget and current spending will help improve operations across the supply chain network. . An application programming interface (API) is a specially designed dashboard that monitors shipping costs and processing requests.
If you don’t have collaborative tools to communicate effectively, be sure to schedule regular meetings with your supplier and operations team to identify proactive measures should there be issues with sourcing, manufacturing, or shipping. Establish and analyze key performance metrics. Read WhitePaper. References.
If we could only get closer to true end-customer demand the company could ship exactly what is needed, where and when. Related Content: WhitePaper: Are All Products Created Equal? It’s the old Push – Pull argument. Such a leader sets the stage for dramatic demand planning process improvements to take place.
Collect shipping or customer pick-up (CPU) delivery options are an often promising solution for brands working with large, nationwide retailers. . Before we dive into why retaining control of your supply chain and utilizing delivered pricing agreements is beneficial, we will first look at the basics of retail shipping options. .
According to research conducted by BigCommerce , the top three factors that influence consumers’ online purchasing decisions are convenience, cost and free shipping. One of the best ways to reduce shipping costs and ensure fast delivery is by optimizing warehouse logistics. What is warehouse logistics?
General warehouse industry statistics Warehousing costs & revenue statistics Warehouse efficiency statistics Labor statistics in the warehousing industry Automation adoption in the warehousing industry Warehouse performance metrics Warehouse automation stats: General warehouse industry statistics 1. According to data from the U.S.
Therefore, it is very important for businesses to check numbers periodically and really understand which key metrics need to be reviewed regularly to provide a good representation of their overall health. For example, a perfect on-time delivery (OTD) is meaningless if the product shipped is the wrong one. Leverage technology!
Therefore, it is very important for businesses to check numbers periodically and really understand which key metrics need to be reviewed regularly to provide a good representation of their overall health. For example, a perfect on-time delivery (OTD) is meaningless if the product shipped is the wrong one. Leverage technology!
Download the WhitePaper. Track the Right Performance Metrics. The next key to transportation network optimization rests with performance metrics. Performance metrics, or key performance indicators (KPIs) are quantifiable values to track the service level and ability to fulfill obligations across your network partners.
Therefore, it is very important for businesses to check numbers periodically and really understand which key metrics need to be reviewed regularly to provide a good representation of their overall health. For example, a perfect on-time delivery (OTD) is meaningless if the product shipped is the wrong one. Leverage technology!
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. Key Process Indicators vs. Metrics. I sometimes use the terms KPI and metrics interchangeably, but they are not the same.
This process uses real time dashboards to monitor and streamline shipping optimization, which lowers costs and increases team efficiency by reducing time needed to designate to a project. . Track the Right Metrics Based on Unique Operations. Download the WhitePaper. Take Advantage of SaaS Cloud Computing Capacity.
It currently just uses on-time metrics to grade suppliers and the store’s retail buyers can base purchasing decisions on a brand’s delivery performance. Download the free whitepaper to learn more about how data can be used to reduce logistics spend while improving supply chain performance. was previously only used by Walmart.
The result is expensive; using faster shipping methods to get the part back on the shop floor. More information on this topic: Whitepaper: End-to-End Supply Chain Visibility Technology is Here. Poor visibility often results in parts shortages.
Faster shipping In a traditional warehouse, order processing takes a disproportionate amount of time. These factors contribute to faster order shipping. Shipping time is an important buying consideration for e-commerce consumers, second only to the price of the product.
Download the free whitepaper to learn more about how data can be used to reduce logistics spend while improving supply chain performance. Logistics data refers to the metrics used to track, measure, and benchmark parts of your supply chain’s performance. Download: Using Data to Drive OTIF and Retail Compliance Success.
Outdated technology, siloed operations, slow restocking, inaccurate inventory and the use of the wrong picking methods can result in lost sales, high operating costs and a steep decline in customer satisfaction metrics. It negatively impacts your ability to store, pick, package and ship out customers’ orders accurately and on time.
In helping them design the right solution, we reviewed where products are manufactured, used historical shipping data to determine where customers are, and pinpointed ideal distribution center locations. To learn more about managing change in your supply chain—and your organization—check out our whitepaper, Create a Culture for Change.
These improvements in inventory efficiencies then translate into improved financial metrics, including 10% improvement in earnings per share; 5% increase in return on assets; and a 2.5% The result is expensive, requiring faster shipping methods to get the part back on the shop floor. WhitePaper: Gaining Control: Exploring Push v.
One of the reasons, to use LTL KPIs is to know whether the shipping function is improving. The KPI gives the shipper an objective measure to compare freight rates, different weights, freight class, carriers and shipping locations. In lieu of the KPI, shippers can only compare the prices for the same shipping lane.
WhitePaper: The Essential Guide to LTL Shipping Improvement: Action Plan and Metrics for Rapid Transformation. Bottom line: Measuring on time performance is simple and can provide some great insights into the shipping function. Logistics Key Process Indicators (KPIs).
With LTL shipping, shippers are more likely to experience freight damage, because the freight is unloaded and loaded more than a dedicated full truck. WhitePaper: The Essential Guide to LTL Shipping Improvement: Action Plan and Metrics for Rapid Transformation. Insights from Damage Free Shipment KPI.
With LTL shipping, inaccurate bills are the norm. The next step is to make the appropriate changes with the internal shipping team and or the carriers. The carrier and or the logistics companies involved can help the shipping group identify the correct NMFC and freight class. Insights from Billing Accuracy KPI.
By definition, it refers to the handling of care used when moving products in which the movers or shippers literally wear white gloves to protect the product. In shipping, this translates to taking every precaution necessary and delivering exactly to a consumer’s specifications. What Products Require White Glove Services.
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