Supply Chain Shaman

NOVEMBER 21, 2023

The metrics were not aligned. Fred hired Deloitte to rationalize in-house distribution versus outsourcing to a 3PL. At the time, I struggle to rationalize why a 3PL would ever make sense– the lack of inventory management and the data latency seemed like a barrier. Don’t dwell on the negatives. You have to do so.

Supply Chain Planning Software 351

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Cost Reduction Strategies 351

GlobalTranz

APRIL 25, 2016

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance. Twitter Google+ LinkedIn The post 3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance appeared first on Transportation Management Company | Cerasis.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Kanban Logistics

FEBRUARY 27, 2020

While you can build and staff your own warehouse and perform these services yourself, more and more companies see the value in handing warehousing operations off to a third-party logistics (3PL) provider. In this article, we’ll examine all that 3PL warehousing entails, while helping you find a 3PL partner that’s right for your business.

Warehousing 52

Warehousing 3PL Negotiating Skills Logistics Network Optimization Software 52

GlobalTranz

JULY 13, 2015

Throughout the supply chain, the use of metrics to track and understand processes provides an invaluable resource for ensuring increased production and customer satisfaction. What Distribution Center Metrics Need Tracking? However, the most important metrics can be categorized into the following eight areas. On-Time Shipping.

Procurement Analytics 120

Procurement Analytics Metrics Distribution Inventory Reduction 120

Talking Logistics

OCTOBER 18, 2016

The need for this next-gen technology has contributed to the significant growth of the 3PL market in recent years. But while 10-15 years ago shippers would engage with 3PLs simply as a means to access technology, that technology is much more ubiquitous and more readily accessible today.

Demand Planning Software 100

Demand Planning Software Supply Chain Planning Software 3PL Supply Chain Network Software 100

4WL Consulting

MARCH 17, 2016

Working with a managed transportation services provider (3PL) is an excellent way for shippers to improve their logistics operation and reduce costs. Qualified providers will establish and report on KPIs based on the service metrics most relevant to your company. What’s the ROI? What level of service can we expect?

3PL 100

3PL Negotiating Skills Logistics Network Optimization Software Eliminating Excel in Purchasing 100

GlobalTranz

JULY 20, 2015

Importance of Metrics in Reverse Logistics Management. To monitor progress against its reverse logistics management plan, a company needs metrics that measure the financial impact of returns on the firm and on other members of the supply chain. Energy used in handling returns : This metric is used in sustainability programs.

Reverse Logistics 120

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Talking Logistics

JUNE 2, 2016

Today, shippers face increased regulations, unstable market conditions and capacity concerns that make it near impossible for a newly divested company to achieve all of its goals without the expertise and support of a third-party logistics (3PL) provider. Step 3: Develop a Customer-Centric Supply Chain Model.

3PL 100

3PL Optimal Sourcing Modeling Procurement Analytics 100

3PL Insights

OCTOBER 6, 2017

When choosing a 3PL, it’s important to be picky. A good 3PL will not only increase quality and reduce mistakes, but will also create an opportunity to review and simplify your supply chain processes. Here’s a few reasons to use a 3PL when you’re learning how you can leverage your 3PL to improve your fulfillment strategy.

3PL 58

3PL Material Savings Resource Reduction Expense Reduction 58

GlobalTranz

OCTOBER 21, 2015

Here are the 9 key topics to understand in the relationsihp between the shipper and the 3PL. To be unified is to collaborate and trust the shipper/customer Third Party Logistics Service Provider (3PL) relationship. All KPIS have metrics to measure. 3PL/Shipper/Customer Rewards. 3PL/SLA Skills/Knowledge.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

ShipBob

JANUARY 23, 2023

Many brands have turned to a tech-enabled third-party logistics (3PL) company to help reduce costs by tapping into the technology and infrastructure needed to optimize the last-mile delivery phase. For growing brands like Ample Foods, partnering with a 3PL can alleviate the pressures of working directly with carriers.

3PL 98

3PL Cost Reduction Strategies Inventory Reduction Expense Reduction 98

3rdwave

JULY 20, 2020

Too often – make that almost always – importers and exporters (BCOs – Benefiticcial Cargo Owners) are dependent on their NVOCC, Freight Forwarder or 3PL (3PL) to provide them with visibility into their global supply chains. Advantage 3PL. When we talk about global supply chain visibility we are referring to:

3PL 54

3PL Freight Procurement Analytics Negotiating Skills 54

GlobalTranz

JUNE 4, 2015

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site. Medical Devices.

Procurement Analytics 120

Procurement Analytics Metrics Quality Material Savings 120

West Coast and California Logistics

JUNE 30, 2022

Your customers are more data-driven than ever, and your success or failure in the eyes of those customers is partly determined through logistics metrics that measure your performance.

Metrics 147

Metrics Logistics Network Optimization Software Logistics 3PL 147

GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). The definition of this metric is similar to the way it sounds. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Amware Logistics and Fulfillment

JUNE 14, 2022

When you outsource product fulfillment to a third-party logistics company (3PL), you place your trust and your customers' satisfaction in its hands. Yet it's shocking how many Etailers have no well-developed order fulfillment metrics to monitor performance.

Metrics 118

Metrics Third Party Logistics 3PL Logistics 118

GlobalTranz

JULY 28, 2021

Additional opportunities can be reached through transportation optimization whether using a 3PL or 4PL. That means identifying areas of waste, overlap and large volumes and enabling continuous improvement through the use of transportation metrics to track performance. Defining Transportation Optimization.

Optimal Sourcing 317

Optimal Sourcing Optimization Software Network Optimization Supply Chain Optimization 317

Locus

MAY 20, 2024

OTIF – On-Time In-Full On-Time In-Full (OTIF) is a key logistics metric that evaluates whether shipments are delivered completely and on schedule. 3PL – Third Party Logistics Third Party Logistics (3PL) providers offer outsourced logistics services, including warehousing, transportation, and fulfillment.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Inventory Reduction Cost Reduction Strategies Retail 98

The Logistics of Logistics

NOVEMBER 1, 2012

When evaluating a 3PL, the culture should definitely be considered. From my experience as both a supply chain consultant and a 3PL manager, the right type of culture means everything in the logistics business. When evaluating a 3PL, look at the following traits of the company culture: Communication. Proactive. Responsive.

3PL 100

3PL Cost Reduction Strategies Continuous Improvement Price Reduction 100

The Logistics of Logistics

FEBRUARY 11, 2022

OTIF is a key supply chain metric. Andrew Lynch is President and co-founder of Zipline Logistics , an award-winning North American 3PL that specializes exclusively in the transportation of retail consumer goods. It is generally calculated as a percentage of total deliveries that were complete and on time. About Andrew Lynch.

Cost Reduction Strategies 192

Cost Reduction Strategies North America Logistics Network Optimization Software Manufacturing Procurement 192

GlobalTranz

JANUARY 4, 2017

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. This two-part blog series will take you thru the RFP questions along with the answers you'd expect to see from the 3PL. Customer metrics. 3PL Answer 1. The Client Details.

Modeling 194

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 194

GlobalTranz

OCTOBER 6, 2021

Rapid Scalability and Leveraging the Collective Buying Power of a Large 3PL . 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 White Paper: Over the Road Freight Management Trends.

Prescriptive Analytics Software 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216

The Logistics of Logistics

FEBRUARY 15, 2013

Highly effective 3PLs have developed the right habits, culture and processes to deliver excellent service to their clients. Innovation and new technology are obviously important, but when evaluating a 3PL, go with the one that excels at blocking and tackling. The 7 Habits of Highly Effective 3PLs. Habit 7 – The Right Culture.

KPI 186

KPI Logistics Network Optimization Software 3PL Continuous Improvement 186

3PL Insights

JANUARY 17, 2022

Transporting approximately 230 million metric tons of freight every year, the seaway allows businesses to ship products internationally using the most cost-effective form of freight transportation. Operating 6 warehouses in the Metro Detroit area, we are an ideal 3PL partner for any industry. Seaway: The St.

Detroit 98

Detroit Warehousing Canada Michigan 98

Stord

MAY 15, 2024

Although not often talked about outside logistics circles, dwell time, and actually your Past Dwell Time Frequency is a critical metric that can significantly impact your performance – and how it's perceived. Misplaced packages, either by the 3PL or even the delivery carrier can add further delays if not efficiently identified and remedied.

Logistics Network Optimization Software 78

Logistics Network Optimization Software Sourcing Strategies Logistics Supply Chain Design Software 78

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

The Logistics of Logistics

JUNE 7, 2021

OTIF is a key supply chain metric. Andrew Lynch is President and co-founder of Zipline Logistics , an award-winning North American 3PL that specializes exclusively in the transportation of retail consumer goods. It is generally calculated as a percentage of total deliveries that were complete and on time. About Andrew Lynch.

Cost Reduction Strategies 147

Cost Reduction Strategies North America Manufacturing Procurement Logistics Network Optimization Software 147

3PL Insights

DECEMBER 14, 2022

3PL best practices should establish ways for a company to measure its performance against competitors and itself. By establishing these best practices, a 3PL can provide better transportation and warehouse management, improve efficiency, and ensure customer satisfaction. What metrics are important to customers?

3PL 52

3PL Inventory Management Software Optimization Software Logistics Network Optimization Software 52

West Coast and California Logistics

JANUARY 26, 2018

power, speed, agility) and increasingly more to do with metrics. With these metrics, teams define the “best” players as those that perform well in key statistical areas like “on-base percentage” and “slugging percentage” – not necessarily who can hit the ball the farthest.

Metrics 48

Metrics Agile and Lean Supply Chain Retail Supply Chain 48

Stord

MAY 29, 2024

So the idea of taking the time to travel and visit your 3PL fulfillment partner is rarely, if ever, an option. Let's use those Stord One Commerce metrics to tell a story. If you work in the fast-paced world of e-commerce and direct-to-consumer (DTC) business, you rarely have a moment to breathe, let alone think. What went great?

Las Vegas 78

Las Vegas Supply and Demand Nashville Just-in-Time 78

Supply Chain Shaman

DECEMBER 23, 2014

Don’t assume that there is a standard definition, and just because a 3PL signed a contract to deliver it, don’t expect that you are working on the same definition. I would build my own warehouses or very carefully pick a 3PL partner. I am increasingly skeptical that any 3PL is up to the challenge. What do you think?

Packaging 291

Packaging Inventory Reduction Supply Chain Design Software San Francisco 291

Kanban Logistics

FEBRUARY 28, 2023

The following are key factors to consider when choosing a third-party logistics (3PL) partner for food products. Can your 3PL handle ambient, temperature-controlled, or climate-controlled? Can the 3PL handle ‘lot control’? This lot number allows 3PLs to quickly identify batches of items in the event of a recall.

Warehousing 52

Warehousing Food North Carolina Supply Chain Planning Software 52

The Logistics of Logistics

AUGUST 29, 2019

At one point while working for a 3PL, I did a lot of work in retail. [04:37] Instead of working with a 3PL, we hired everyone that we needed ourselves. [11:47] 11:47] Up until July of this year, Saudi Aramco was their own 3PL. 13:34] You had to choose a 3PL for the world’s largest company. It’s Saudi Aramco.

Saudi Arabia 113

Saudi Arabia Logistics Network Optimization Software Company Procurement Analytics 113

GlobalTranz

JULY 5, 2016

It was also evident that many folks wanted more information around KPIs and Metrics, as our top 5 included two posts from this sub-category. e-Book] The Ultimate Guide to Manufacturing, Supply Chain, Logistics, Transportation, & Freight Metrics & KPIs. This model, I like to call an "embedded 3PL relationship."

Logistics Network Optimization Software 132

Logistics Network Optimization Software Logistics Supply Chain Design Software Modeling Software 132

GlobalTranz

SEPTEMBER 23, 2021

Rapid Scalability and Leveraging the Collective Buying Power of a Large 3PL. transportation metrics ?that Leveraging a 3PL to analyze and provide data-driven recommendations helps businesses create continuous improvement of their supply chain in today’s highly competitive market.? . are liable?network Focusing on the?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

SCMDOJO

JULY 24, 2023

Contract logistics is a specialized service offered by third-party logistics (3PL) providers to manage supply chain operations on behalf of a company. By doing so, businesses can concentrate on their core competencies while benefiting from the expertise and infrastructure of the 3PL provider.

Logistics Network Optimization Software 92

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 92

Talking Logistics

JULY 14, 2015

The shipper has an immediate need, which leads to a Request for Proposal (RFP) or Request for Quote (RFQ) process then ultimately selects a third-party logistics (3PL) supplier to execute on that need. Central to achieving this is a joint commitment to nurture and evolve the shipper-3PL relationship. What are their pain points?

Logistics Network Optimization Software 100

Logistics Network Optimization Software Six Sigma Waste Reduction Supply Chain Planning Software 100