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How to Select the Right KPIs for Supply Chain Benchmarking

Logistics Bureau

The most appropriate portfolio will contain a mix of service-oriented KPIs, such as delivered on-time and in-full (DIFOT) or perfect order, and some focused on cost, like supply chain costs as a % of sales. Of course, you can have as many other metrics as you like, but the KPIs are the ones that should form a catalyst for action.

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Sales and Operations Planning: The Interpersonal Element

Logistics Bureau

Has your company ever suffered problems with, implemented, or even considered implementing a sales and operations (S&OP) planning process? More to the point, though, for S&OP to be effective, it matters not whether a company uses Excel spreadsheets or the latest best-of-breed sales and operations planning software.

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Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

If you can only say “No”, I will not be surprised, because many companies have never drilled down into the costs involved in selling specific SKU categories, individual SKUs, or providing particular services connected with those sales, to specific customers or customer categories. And that is the sole purpose of cost-to-serve analysis.

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What is Supply Chain Resilience?

GlobalTranz

Resiliency is the ability to withstand or recover from difficult conditions or snap back into shape after being bent or stretched. For example, hand sanitizer sales spiked 313% during one week in February 2020, according to reports from Nielsen. Of course, toilet paper and paper towels were in short supply as well. Overall, U.S.

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Freight Benchmarking: What Is It? Why Do It?

Logistics Bureau

So how can you be sure you’re getting the best freight rates possible? The answer is to benchmark your freight, of course. Improved ability to predict and manage trends: After you’ve spent a while working with freight benchmarks, you’ll get a feel for the directions of seasonal rate fluctuations and other pricing trends.

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No Supply Chain Strategy? Here’s How to Develop One

Logistics Bureau

The added benefit of working with such a partner is that because they collect performance data from hundreds of companies, they can help you choose the most appropriate key performance indicators to use in your benchmarking exercise. After all, even extensive articles dedicated to the topic can barely scratch the surface.

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Use the New GDPR Legislation to Rethink the Way You Market

Logistics Marketing Advisors

Communication is a two-way street, of course. If an honest assessment points more to the latter, now is a good time to course correct. How to Comply with GDPR Legislation. However, a bigger headache is created when people take exception to the way you communicate with them and start exercising their privacy rights.