This video is brought to you by Logistics Bureau - Management Consultants, who reduce costs and improve service for organisations Worldwide. If you need any assistance on any of the topics on this channel, just visit us at: www.logisticsbureau.com/
👇 TIMESTAMPS (in case you want to skip) 👇 00:00 Intro 00:33 Picking the Right Supply Chain KPI - Key Performance Indicators 01:00 SMART 02:54 Transport Cost 03:27 Customer Service 05:22 Outro
My question is not related to KPI, but here it is anyway. As a company that warehouses items ranging from fashion to electronics and sells through its own retail stores and online platform. What factors should I consider when choosing a WMS solution provider like SAP, Oracle, Manhattan, JDA, etc. It would be a great help if you could point to a relevant video or blog for this.
You really should go through a detailed needs analysis first, then a review of some suitable systems and match up the functionality you require. Any good WMS Consultant should be able to do this for you.
I’m not really a systems guy, and as my day job is managing a management consulting company, I really need to try to remain impartial when it comes to software products.
When running a 3PL one of the bigger issues I find is evaluating picking efficiencies due to what can often be a wide range of product types & sizes. What would your recommendation for this be? Currently my solution to this is to evaluate each customer's picking individually but that leads to far too many KPIs especially in a successful and larger 3PL. It also doesn't often show the full picture as while some customers may have longer picking times due to size, weight etc. when compared to others of smaller or lighter proportions makes it appear inefficient or the team ineffective.
I would do it by customer. That indicates if there are big variances in picking productivity and will help guide you to the right service pricing. Otherwise you end up cross subsidising between customers.
Or........set up a cost to serve based allocation of picking costs, but that will be even more complicated, as you then need to isolate it by customer.
@@supplychainsecrets Very good point on the cross subsidising. Also I never looked at it that way for service level pricing. A good perspective that I will take away and use in the future. Thanks a lot!
Hello! I love your content. Is there any ideas on how to start a career in supply chain? Alot of entry positions seems to want loads of experience...any advice would be greatly appreciated!
Not really. You could have lots of inventory, and have great availability, but the accuracy could be really bad. i.e. you go to a bin that has 50 things in it, you need to pick 5, but the WMS tells you there should be 60 in there. So product was 'available' but the quantity in stock (the inventory) was wrong. It can be a big issue.
This video is brought to you by Logistics Bureau - Management Consultants, who reduce costs and improve service for organisations Worldwide.
If you need any assistance on any of the topics on this channel, just visit us at: www.logisticsbureau.com/
The Right Supply Chain KPIs are essential. Feel free to ask any questions. Or maybe share your favorite KPI.
Great video....very informative 👌🏿
Thanks. Glad you think so!
👇 TIMESTAMPS (in case you want to skip) 👇
00:00 Intro
00:33 Picking the Right Supply Chain KPI - Key Performance Indicators
01:00 SMART
02:54 Transport Cost
03:27 Customer Service
05:22 Outro
My question is not related to KPI, but here it is anyway. As a company that warehouses items ranging from fashion to electronics and sells through its own retail stores and online platform. What factors should I consider when choosing a WMS solution provider like SAP, Oracle, Manhattan, JDA, etc. It would be a great help if you could point to a relevant video or blog for this.
You really should go through a detailed needs analysis first, then a review of some suitable systems and match up the functionality you require. Any good WMS Consultant should be able to do this for you.
Can you please make a video on the importance of SAP ERP module for supply chain?
I’m not really a systems guy, and as my day job is managing a management consulting company, I really need to try to remain impartial when it comes to software products.
I like to use Operational Availability (Ao) for our systems
Sounds good!
When running a 3PL one of the bigger issues I find is evaluating picking efficiencies due to what can often be a wide range of product types & sizes. What would your recommendation for this be? Currently my solution to this is to evaluate each customer's picking individually but that leads to far too many KPIs especially in a successful and larger 3PL. It also doesn't often show the full picture as while some customers may have longer picking times due to size, weight etc. when compared to others of smaller or lighter proportions makes it appear inefficient or the team ineffective.
I would do it by customer. That indicates if there are big variances in picking productivity and will help guide you to the right service pricing. Otherwise you end up cross subsidising between customers.
Or........set up a cost to serve based allocation of picking costs, but that will be even more complicated, as you then need to isolate it by customer.
@@supplychainsecrets Very good point on the cross subsidising. Also I never looked at it that way for service level pricing. A good perspective that I will take away and use in the future. Thanks a lot!
@@GooblesGames Great to here! Thanks.
What’s a good KPI for unpacking and container detentions
I would simply measure the time to unload a container, and the detention times.....
Hello! I love your content. Is there any ideas on how to start a career in supply chain? Alot of entry positions seems to want loads of experience...any advice would be greatly appreciated!
Sure. Check out the Playlist on Supply Chain Careers.
ua-cam.com/play/PLAI2rbd3NwK5tgIQeNNkNAe47GDOqyqpb.html
Inventory availability = inventory accuracy
Not really. You could have lots of inventory, and have great availability, but the accuracy could be really bad. i.e. you go to a bin that has 50 things in it, you need to pick 5, but the WMS tells you there should be 60 in there. So product was 'available' but the quantity in stock (the inventory) was wrong. It can be a big issue.