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KPIs to assist manufacturers and distributors with supply chain challenges

SYSPRO Smarter ERP

Another methodology is the Porter’s Value Chain Framework, which comprises of inbound logistics, operations, outbound logistics, sales, and service. Here are some KPIs to assist you to get back on track to build an agile, adaptive, and resilient supply chain into the future: Inbound KPIs.

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Inventory Optimisation: How Much Stock is Right for Your Company?

Logistics Bureau

For example, if your cost of goods sold for 2020 was $250,000, and your average inventory on hand was worth $25,000, your inventory turnover ratio would be $250,000/$25,000 = 10, meaning your entire stock of that particular SKU turns over around ten times per year. Using the previous example, dividing 365 days by 10 gives you 36.5

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What is Reverse Logistics?

GlobalTranz

Remanufacturing and refurbishing activities also may be included in the definition of reverse logistics.”. For example, the reverse logistics process includes the management and the sale of surplus as well as returned equipment and machines from the hardware leasing business.

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Cardinal Health Invests in Visibility to Improve Agility

Logistics Viewpoints

Across their inbound and outbound supply chains the goods are transported by air, ocean, rail, truckload, less-than-truckload, parcel, and even couriers. Transportation efficiencies, of course, are also good for the environment. The definition of what a “customer” is, is posed to expand from a business to a consumer.

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The 5 Steps Towards Digital Supply Chain Management

GlobalTranz

In its definition, a real or true digital supply chain management goes beyond the conventional hybrid system and makes use of connectivity, system integration and the information-producing capabilities of its key components. In the course of operation, the business is exposed at multiple points across its stages of supply chain.

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What are the Characteristics That Make up Parcel Pricing?

GlobalTranz

For example, a carrier’s fuel surcharge may vary from week to the next. However, weight is taking on new a new definition following implementation of dimension (DIM) pricing models. However, weight is taking on new a new definition following implementation of dimension (DIM) pricing models. Weight and Dimensional Pricing.

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10 Things to Know about Driver Detention

PINC

Say, for example, a driver is nearing the end of his hours of service (HOS) limit as he pulls his tractor trailer into the yard. after-hours delivery), for example, greatly reduced delays. Pactiv was also challenged by high inbound trailer detention fees, namely because carrier trailers weren’t always unloaded in a timely fashion.