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Top 6 Supply Chain KPIs: Keep Your Dashboards Simple

Logistics Bureau

Accurate documentation: This metric tracks the percentage of sales orders accompanied by accurate documents throughout the process. Documents included in the metric can vary but usually include advance shipment notifications (ASNs), labels, and invoices. x 0.96 = 0.8661. Inventory Days of Supply. The Par Level System.

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Know the Kinds of Modes of Transportation

20Cube Logistics

Of course, the best mode to transportation is necessary, but the other factors that have to be taken into consideration are: The total cost. Industries like the automotive and retail industry utilize air freight to complete the JIT (just in time) inventory replenishment. Less documentation. The urgency of the shipment.

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Top Logistics Terminology

3PL Insights

Bill of Lading: A bill of lading, also known as a BOL, is an official document which is designated as a contract between the owner of the freight being transported, and the carrier. The BOL then becomes a POD (Proof of Delivery) document. A hi-lo, of course, refers to a forklift. Hi-Lo: Beep beep!

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LTL to Intermodal Shipping: How to Find and Eliminate Freight Spend Black Swans

GlobalTranz

For shippers, this means finding a way to handle changes in inventory and replenishment, as well as managing outbound freight and reverse logistics. Of course, switching between FT and LTL is also a form of intermodal, so FT rates may still be factored into costs of using intermodal shipping. DOWNLOAD THE FREE RESOURCE HERE.

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Demand forecasting challenges – how to deal with fluctuating demand

EazyStock

For example, up-to-date information from your staff, customers, and, of course, industry bodies. They also go out of date the minute they are created, so if supplier lead times continuously fluctuate, updating the document can become a full-time job. Use qualitative data. Improve communication between departments.

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Making ‘self-reliance’ meaningful – preparing the military to operate alone

Logistics in War

It is, of course, prudent to be as self-reliant as practicable. At the military strategic level, the ADF’s capacity for ‘self-reliance’ will be measured in the time it can sustain operations without replenishment from other quarters. Naturally, even more effort should be applied towards improving interoperability.

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

Logistics Bureau

As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy. Collaborative planning, forecasting, and replenishment (CPFR). Vendor-managed inventory or replenishment. Include Your New KPIs in Your Strategy Document.