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How to Measure Success: KPIs for Inbound Logistics

WorkWave

In this article, we’ll delve into some crucial KPIs for inbound routing and logistics, aiding companies in assessing their effectiveness and making informed decisions to optimize operations. These metrics provide insights into a supplier’s reliability, quality and ability to meet agreed-upon service levels.

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What Are Reorder Points and How to Calculate Them

Ship Monk

This article will explain what reorder points are and show you how to calculate them. Ideally, calculating the reorder point for each SKU will ensure that you always have enough inventory on hand to meet demand, while minimizing inventory costs. So, how do you determine what the unit count for the reorder point should be?

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What is Work in Process Inventory (WIP)?

Ship Monk

This article will show you the difference between these types of inventory and how to calculate Work in Process inventory. How to Calculate Inventory Assets. How to Calculate WIP Inventory. How to Calculate COGS for Manufacturers. How to Calculate COGS for Retailers and eCommerce Businesses.

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Are You Hesitant to Make the Move to a TMS?

Trinity Logistics

If you’re reading this article, more than likely you’re interested in a TMS but are hesitant. Considering a 3PL often uses their own TMS, they’ll know how to use it and help you. Through Trinity’s Managed Services, there’s no need to worry about an out-of-the-box solution that doesn’t fully meet your needs.

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The Role of Logistics Management in Optimizing Supply Chain Operations

Locus

This article will provide easy insight into the world of logistics management—from the key components and challenges to tips on optimizing it for your business. These are some common challenges businesses face and how to overcome them. What is logistics management? Talk to our experts now!

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Why you need a good supply chain strategy

EazyStock

This article will discuss some areas that you should review to develop your strategy. Supply chain strategy planning – if you understand your strategic objectives, you will be able to plan how to balance supply and demand. This will ensure that you have the right goods, at the right time, and in the right place to meet customer demand.

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A guide to optimizing your supply chain

EazyStock

Our article explains how to forecast and deal with fluctuating demand , including using appropriate historical data and how to deal with periods of stockouts. Companies are struggling to recruit and retain staff, making it challenging to meet customer demand. Automate processes to build an adaptive and agile supply chain.