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Freight Procurement is a Different Game

Logistics Viewpoints

The moves span inbound, intracompany, and outbound shipping. An RFP is a data intensive exercise. This made the data analysis easier. On the inbound side, it was highly reliant on spreadsheet data. This made the data analysis “painful.” Simmons always does an ROI analysis prior to purchasing a solution.

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Know Your Supply Chain KPIs – Procurement

Logistics Bureau

For example, you might use simple observation to identify visible defects at goods-in, or you could make your analysis a bit deeper by testing a percentage of items received from the supplier. In procurement, cost analysis is not just about the price of your company’s purchases. Cost per Purchase Order and Cost per Invoice.

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3PL Warehousing Trends for 2022

Camelot 3PL Software

The adage Speed, Quality, Cost – Pick two is an everyday exercise. Are there inefficiencies that can be improved with better inbound receipts? However, the probabilities are increasing, requiring more proactive analysis and planning. Information Overload. Where are the highest cost centers in the warehouse?

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6 Benefits of Applying Useable Data in Logistics For Continuous Improvement

GlobalTranz

However, you must exercise caution to make sure you do not damage your vendor-shipper relationship. Monitoring shipping processes for inefficiencies rests at the core of data collection and analysis. Furthermore, such methodology can be applied to vendor relationships. Metrics and KPIs.

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[Infographic] What Successful Manufacturing Leaders Do from 8am-8pm

GlobalTranz

After all as Eric Kimberling's analysis of 'leadership lessons' says: “The differing results of manufacturers are due to unique leadership traits of their executive teams.”. Exercising in the morning stimulates your mind and body for the rest of the day. It is what these leaders do, from 8am to 8pm every day that makes the difference.

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[INFOGRAPHIC] The Rise of Enterprise Mobility in Manufacturing

GlobalTranz

this exercise helps retain mobility in the damaged joints". The top three technology priorities of industrial manufacturing CEOs are mobility (73%), cybersecurity (72%) and data mining and analysis (70%). But, what does mobility exactly mean? When you look in the dictionary, you get the following: mo·bil·i·ty. mōˈbilədē/.

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Better Inventory Management Requires International Suppliers To Step Up to Digital Transformation and Collaboration

Logistics Viewpoints

Inbound/procurement teams could view SKUs at facilities with low days of supply, and drill into orders in the yard with low SKUs. More supply chain companies sharing more real-time data creates richer opportunities for benchmarking, analysis, insights and collaboration to drive business benefits for all parties. All aboard.