Remove Blog Remove Course Remove Exercises Remove Tips
article thumbnail

How to Select the Right KPIs for Supply Chain Benchmarking

Logistics Bureau

But if you and your team are perplexed over performance measurement and management, the following tips might help you get KPI selection right. Because you can find plenty of other articles on this blog and the Logistics Bureau blog if you’d like to peruse such lists. You’re in a good place. What Makes a “Right” KPI?

article thumbnail

Energy and Labour Costs: 2 Top Warehousing Challenges in 2023

Logistics Bureau

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. A warehouse benchmarking exercise is an excellent way to start the quest for improvement opportunities.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

[INFOGRAPHIC] How to Become a Freight Broker: Your Ultimate Guide

GlobalTranz

We asked David from LoadTraning how much time one would have to set aside to pass a freight broker course as well as some hands-on training. In general, the best tip to reduce the price you have to pay for your freight broker bond is to work on improving your credit score. Get Started!

article thumbnail

Warehouse Product Slotting: The Ultimate Guide

Logistics Bureau

If you browse through the Logistics Bureau blog, you’ll find at least two or three articles—and about the same number of videos—that cover warehouse product slotting. It also stands to reason that when you undertake a slotting exercise, you should think about it from the perspective of these activities. Pretty good, right?

article thumbnail

How manufacturers and distributors can mitigate disruption in the global supply chain

SYSPRO Smarter ERP

This is to avoid more costly routes such as the Panama Canal or taking the long haul around the tip of Africa or South America. To assist with the short-term solution, the answer is an extensive data-gathering exercise. Of course, the key to success is being able to analyze that data so that you can get the maximum value out of it.

article thumbnail

11 Golden Rules for Meaningful Supply Chain KPIs

Logistics Bureau

I’ve written many posts on this blog about the importance of having a supply chain strategy aligned with the overall business plan, and why it is a mistake to have misaligned strategies. Don’t get me wrong here; off-the-shelf KPIs can serve a useful purpose, for example, when used for external benchmarking exercises.

article thumbnail

Omnichannel Retail and the Cost to Serve Online Customers

Logistics Bureau

The tips in this article will help you know how to identify the customers, products, and processes that might be inflating your cost to serve (CTS) unnecessarily. To make things easier, it might be worth considering an investment in some analytics software to speed up the process, and of course, you won’t look at every SKU or customer.