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Know Your Supply Chain KPIs – Procurement

Logistics Bureau

Purchase Order Cycle Time. Purchase order cycle time is a KPI that measures the elapsed time between raising a requisition request and the transmission of the purchase order to the vendor. Cost per Purchase Order and Cost per Invoice. Calculate it as a ratio of emergency purchases to total purchases for a given period.

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ShipMonk Summits Enhance 3PL Mindsets

Ship Monk

And, of course , that the page they’re on is informed, thorough, and forward-thinking. Though the specifics change, ShipMonk educational summits always revolve around how to align needs with solutions, identify and remedy pain points, and meet the fulfillment expectations of our clients.

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Cultivate a Stickier Customer Base Using WMS Add-On Technology

Logistics Viewpoints

Technology’s place in supply chain operations is well established and much appreciated, as it helps improve accuracy, visibility, and efficiency from orders coming in and shipments moving out. The answer, of course, is yes. But can technology do more?

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Building Brand Loyalty with Last-Mile Logistics

Morai Logistics

Over the course of the past several months, Morai Logistics has highlighted a significant rise in e-commerce shopping. This figure has significantly increased over the course of the last few years. This is the final step in the delivery process and efficiency is critical in order to meet the rise in online purchases.

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

Logistics Bureau

All the same, it can be challenging to know where to start, what steps to take, and in what order to take them to establish a realistic and effective supply chain strategy. For example, you don’t want to assume that a single logistics strategy and service approach will meet all your customers’ needs. It may do, but how do you know?

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Fleet Route Optimisation in the Past, Present, and Future

Logistics Bureau

So that’s the route we’re taking in this article, exploring the evolution of fleet route optimisation from a time-consuming pen-and-paper exercise to a high-tech process that, in some cases, can be completed in minutes. when telesales would have captured many of the daily orders from customers. “I would begin my shift at 2 p.m.

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Ways to Handle Excess Inventory in Retail

ShipLilly

Of course, this is only possible with goods with a long expiry date. Businesses are realizing that they ordered more than they needed Another option is to cultivate customers through aggressive marketing. Historical data, as well as informed projections, can be useful in this exercise.