Logistics Viewpoints

APRIL 6, 2023

Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services.

Optimal Sourcing 98

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Procurement Analytics 98

Ship Monk

MARCH 11, 2021

For some, keeping track of metrics may as well be music to their ears. But, no matter which camp you’re in, the importance of validating your metrics cannot be understated. Take a few deep breaths, and join us for a crash course on eCommerce metrics: what they are, why you need them, and how they can help you “ Stress Less, Grow More.”

Procurement Analytics 98

Procurement Analytics eCommerce Cost Reduction Inventory Reduction 98

Ship Monk

NOVEMBER 30, 2023

They’re called metrics, a set of constantly changing numbers and percentages that tell you how you’re doing from one day to the next. There are dozens of metrics you could track, but some are so important you should check them frequently. These are the metrics you want on your dashboard. What is a Metric?

Procurement Analytics 64

Procurement Analytics eCommerce Procurement Solutions Manufacturing Procurement 64

AIMMS

JULY 23, 2019

But supporting the process with advanced analytics goes even further, contributing to higher levels of productivity and profitability. Like many organizations, Tereos recognizes the use of advanced analytics as an imperative. Advanced analytics as enabling technology. The use of predictive analytics is fairly common nowadays.

Procurement Analytics 111

Procurement Analytics Supply Chain Planning Software Scenario Planning How To 111

Logistics Bureau

DECEMBER 22, 2024

Still, in this article, I will help you evaluate the need for supply chain and logistics KPIs in your organisation, and identify which types of measurement might be most appropriate. Unlike most of the KPIs we recommend, perfect order is a composite of several elementary metrics. Which ones to use?… … How many to use?

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

FLS Transport

MARCH 3, 2021

The hottest stories in freight can be found here, in the Weekly Freight Report: 1. We’ve covered the clogged-up ports, elevated freight costs, shipping container shortages, and back-to-back ocean accidents for weeks… Now corporations are reporting losses in the millions as they prepare to close out Q1.

Procurement Analytics 96

Procurement Analytics Freight Purchasing Skills After-sales 96

Logistics Viewpoints

OCTOBER 12, 2023

This article is from Michael Balint at Solvoyo and looks at the fresh produce supply chain. In a Sept 2022 Deloitte article, they maintain that “perishability is still relevant but now more of a pocketbook issue. The same “If” statement was repeated for a host of financial and operational metrics.

Supply Chain Design Software 126

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 126

3PL Links

JANUARY 8, 2025

In the rest of this article, we will delve deeper into the advantages of how a fleet management system works and how to monitor it properly. Capacity, these metrics are essential for managers to analyze the operation and opportunities for improvement. Or when it is time to purchase new vehicles?

Optimal Sourcing 62

Optimal Sourcing Cost Reduction Resource Reduction Expense Reduction 62

Ship Monk

JUNE 7, 2023

Those goals also tell you how much you’ve already evolved, and as such it is vital that your company understands the most critical distribution metrics, that way you can keep control on your day-to-day operations as well as your month-to-month, quarter-to-quarter, and year-to-year progress. What Are Distribution Metrics?

Procurement Analytics 52

Procurement Analytics Distribution eCommerce Inventory Reduction 52

Trinity Logistics

APRIL 18, 2025

Some have pointed to the credit card revolving debt as a sign of the economys strength.That may have been a valid argument in January, when we saw a six percent YoY gain.But the recent report shows an annualized bump of only 0.1 Dont be surprised if long-term debt, like auto loans, starts to show an uptick in delinquency.

Freight 62

Freight Procurement Analytics Purchasing Skills Manufacturing Procurement 62

Trinity Logistics

MARCH 18, 2025

While the jobs report showed numbers for the first two months of the year slightly below the forecast, the unemployment rate continued to hover in the 4% range (Figure 2.1). Another area in the news relates to home purchasing. Fannie Mae publishes the Home Purchase Sentiment Index, (Figure 3.1)

Manufacturing Procurement 62

Manufacturing Procurement Freight Procurement Analytics Purchasing Skills 62

Logistics Bureau

APRIL 4, 2022

Alternatively, you can procure access to a digital freight benchmarking platform. The Pros and Cons of Procuring a Benchmarking Tool. You’ll also need to procure the most suitable platform for your freight benchmarking needs. 4: Use Standardised Metrics. 2: Take Care in Identifying the KPIs to Use.

Negotiating Skills 96

Negotiating Skills Logistics Network Optimization Software Purchasing Skills Supply Chain Planning Software 96

Trinity Logistics

AUGUST 3, 2021

Having a TMS for your supply chain can help provide your company with greater visibility, better reporting, and improved performance through automating many manual processes. If you’re reading this article, more than likely you’re interested in a TMS but are hesitant. Or find out what your freight costs were on certain lanes.

Supply Chain Design Software 139

Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software Procurement Solutions 139

Logistics Bureau

OCTOBER 20, 2021

These key metrics become your organisation’s “multi-function display” and give you the primary data needed to monitor and manage “normal flight conditions.” ” 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 Supply Chain Design 98

Logistics Bureau

NOVEMBER 16, 2020

You are not alone, especially as in the time since we first penned this article, one huge and unforeseen event has raised awareness of the global importance of this vital sector—and shown it to be an attractive career choice. That event was the global COVID-19 pandemic, which erupted during the first half of 2020.

Supply Chain Planning Software 98

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

Logistics Viewpoints

JANUARY 26, 2021

This means supply chain and logistics professionals need to distinguish between more frequently purchased products and the slower-moving products customers are willing to wait for. In a study of logistics providers conducted by Fraunhofer IML, only 36% of organizations reported that they had a clear overall plan for digital transformation.

Supply Chain Software 119

Supply Chain Software Definition Supply Chain Planning Software Supply Chains 119

Logistics Viewpoints

NOVEMBER 17, 2022

This article is from Chetan Chaudhari at GEP and examines the ongoing aluminum can shortage. Many breweries were also reported to be paying premiums to purchase cans just to meet their immediate needs. To read the full article, click HERE.

Packaging 119

Packaging Manufacturing Procurement Optimal Sourcing GEP 119

The Lean Thinker

AUGUST 8, 2019

In his article, he quotes from an interview Oscar Munoz, the CEO of United Airlines, gave to ABC. Just so you know my perspective: In the course of my work, I typically purchase between 10 and 20 thousand dollars worth of airfare a year. Rough metric equivalents would be around 20 meters long, 9 meters high, 50 tons.

Procurement Analytics 186

Procurement Analytics Course How To Events 186

Logistics Viewpoints

AUGUST 23, 2021

Those include trust issues, the operating model, and technology. The remainder of this article will focus on the technology issues. SCCN solutions provide supply chain visibility and analytics across an extended supply chain. Supply Chain Collaboration Networks are a Key Technology. These are often EDI messages.

Collaboration 119

Collaboration Supply Chain Planning Software Optimal Sourcing Modeling Software 119

Logistics Viewpoints

FEBRUARY 28, 2023

This article is from Natalie Walkley, Director of Product Marketing OMS at Koerber. Even beyond standard visibility, advanced features like dynamic inventory allocation (DIA) offer the ability to virtually segment your inventory based on previous analytics and future forecasting and adjust inventory levels accordingly. No problem.

Optimal Sourcing 111

Optimal Sourcing Inventory Reduction Sourcing Strategies Vendor Strategies 111

Logistics Bureau

JANUARY 3, 2025

Quality and Detail of Data and its Analysis In some of our earlier posts, weve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. 4 of this article. Time is another resource you will consume in analysing all this data.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Design Distribution Networks 75

Logistics Viewpoints

MAY 27, 2022

Dick’s Sporting Goods reported its Q1 financials this week, beating expectations but lower its outlook. The more cautious outlook is driven by wage and inflationary pressures, as well as increased freight costs. Diving deeper into the factors behind cost increases, Dick’s management noted the high fuel prices that continue to increase.

Logistics Network Optimization Software 124

Logistics Network Optimization Software Supply Chain Software Purchasing Skills Conference 124

Logistics Bureau

APRIL 3, 2023

In this article, I will redress the balance by exploring outsourcing from a more holistic perspective, focusing on ways to consider outsourcing partnerships for improvement throughout the supply chain. However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supply chain.

Outsourcing 98

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 98

Logistics Viewpoints

JUNE 2, 2022

This article is from Manhattan Associates and looks at the changing nature of retail. Making predictions about the future of retail – or anything – can be a fool’s errand. Stores quickly became hubs for returns of online purchases. 100 percent of shoppers miss the instant gratification of store purchases.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 115

Logistics Bureau

OCTOBER 26, 2020

As legislation focuses ever more heavily on environmental protection though, and consumers increasingly consider sustainability in their purchasing decisions, all supply chain organisations will need to find the way forward. Meanwhile, Big Data analytics, AI, and machine learning can have a significant impact on supply chains.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 98

Material Handling and Logistics

AUGUST 31, 2018

It’s true that the major issues in the supply chain—which were confirmed through MH&L ’s workforce survey process and published in an earlier article —are nuanced. Then look at key metrics like total line items per order, picks per hour, and cost per pick per SKU to identify weak links and the most opportunistic areas for improvements.

Supply Chain Design Software 145

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 145

Logistics Viewpoints

JULY 6, 2022

Michael Burry’s tweet was referencing the CNN article Just keep your returns: Stores weigh paying you not to bring back unwanted items. Retailers’ Inventories – Just Keep your Returns? Conclusion: Whiplash not Bullwhip Effect.

Inventory Reduction 124

Inventory Reduction Inventory Purchasing Skills Optimal Sourcing 124

The Lean Thinker

DECEMBER 9, 2022

If you want to get more of a feel for the work and working conditions, check out the photos in this Daily Mirror article: [link] ). They do all of this with their ERP system and every day they create orders to issue components, production orders to the various areas in the shop, and purchase orders to their suppliers.

Modeling Software 259

Modeling Software Optimization Software Expense Reduction Resource Reduction 259

Logistics Viewpoints

MARCH 3, 2025

He also spoke at the ARC forum in 2023, and this article is based on that presentation as well. They prepare equipment for maintenance, do isolation (disconnect a piece of equipment from the flow of chemicals by closing valves), look at quality or reliability metrics, and do rounds. Al Syed elaborated. Data does not move.

Packing 77

Packing Supply Chain Design Software Negotiating Skills Supply Chain Planning Software 77

Material Handling and Logistics

JUNE 25, 2018

One of the most popular articles we’ve ever done is our look at analyst group Gartner’s annual ranking of the Top 25 Supply Chains. So the CSR score too is more of a popularity contest than a consistent metric. At the end of the slideshow, you’ll also find links to our analyses of previous years’ rankings. Media Type. Media Credit.

Supply Chain Planning Software 122

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 122

Ship Monk

MARCH 11, 2024

Did you know that 93% of consumers say that online reviews influence their purchase decisions? In this article we’ll explore the definition of social proof and its importance in influencing shopping decisions. Referrals One of the first things consumers do when making a big purchase is ask friends and family for recommendations.

eCommerce 105

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 105

Logistics Bureau

DECEMBER 6, 2024

Indeed, gamification is becoming an increasingly popular feature across the entire supply chain, from procurement to last-mile delivery. These are the principles we’ll expand on in the remainder of this article. Essentially, gamification is just an expansion of the use of metrics and KPIs to measure human performance.

Supply Chain Design Software 73

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 73

Logistics Viewpoints

AUGUST 1, 2024

This article explores how adaptive supply chains can help businesses thrive. In this scenario, by adopting an adaptive supply chain, the retailer uses real-time data analytics to identify emerging trends and collaborate closely with suppliers to quickly adjust production and inventory levels to meet customer demand.

Supply Chain Design Software 126

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Scenario Planning 126

Ship Monk

JANUARY 9, 2024

Brands that allow consumers to purchase without leaving the social platform they’re on have an advantage over brands that don’t, but only if consumers can easily navigate the product catalog and checkout process. “As For the first time, mobile purchases have overtaken desktop purchases. Mobile Takes the Lead Of the $9.8

eCommerce 105

eCommerce Trends Optimization Software Supply Chain Software 105

Blue Grace Logistics

JULY 17, 2023

Wholesale Weakness Slowing US Inventory Destocking Show Submenu Resources The Logistics Blog® News Press Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - July 17, 2023 The effort to cut inventories is being slowed as consumers reduce goods purchases, forcing companies to continually rebalance inventory.

Inventory Reduction 116

Inventory Reduction Inventory Manufacturing Procurement Resource Reduction 116

FreightWaves SONAR

FEBRUARY 15, 2021

This week, learn how executives who manage a trucking business are monitoring carrier operations-based indices to improve profit margins and reduce operational trucking costs. That includes total fuel costs for purchasing rack diesel fuel price , fuel additives, diesel exhaust fluid and taxes. Operating Ratio (OPRAT).

Trucking 98

Trucking Expense Reduction Operations Purchasing Skills 98

Logistics Viewpoints

APRIL 26, 2022

As more consumers flock to e-commerce, purchasing big & bulky goods such as furniture, appliances, and wholesale electronics online is becoming more common. The trend of purchasing big & bulky items online will continue to grow, with Statista predicting 35% of furniture sales worldwide will be made online by 2025.

Supply Chain Planning Software 105

Supply Chain Planning Software Optimization Software Supply Chain Software Logistics Network Optimization Software 105