We have been seeing new ways carriers are reacting to shippers and receivers that take productive time out of a driver’s day. Picking up a shipment and delivering a shipment are the necessities to bill revenue, however it is the movement of the shipment that drives the revenue. Regardless of mode, carriers are increasing existing […]
Rockfarm Supply Chain Coaching
October’s rate per mile rose to it’s highest level since June, coming in at $2.14 per mile. The question on everyone’s mind is, “Are we seeing the bottom on truckload rates?” Let’s see if we can make any sense out of the market with a breakdown on some of the other market indicators. Truck Sales […]
Rockfarm Supply Chain Coaching
Many of you are currently in the midst of budget season and the looming question surrounding all of us is, “What will freight rates do next year?” To be able to give an answer that has both logic and reasoning behind it, we will be looking at two of the key indicators that we are […]
Rockfarm Supply Chain Coaching
Supply chains continue to evolve and driving that evolution has been improving the customer experience. As e-commerce continues to grow and set the bar in customer experience, manufacturers are beginning to see first hand the demands placed on the direct to consumer market. Fulfillment of shipments from plant direct to consumer comes with high expectations […]
Rockfarm Supply Chain Coaching
Many larger shippers may use a Free Freight Allowance (FFA) pricing mechanism to recover handling and freight expense for smaller orders. The benefits extend across both shippers and their customers. Shippers reduce pick, packaging, handling and shipping expense with fewer and larger orders. Customers reap the benefit with a lower delivered price when they order a […]
Rockfarm Supply Chain Coaching
The last few years have seen most LTL carriers revise and add a number of accessorial changes to their rules tariffs that have created opportunities to increase revenue. The challenge for shippers has been defining the meaning and how the carrier is applying a new or revised accessorial. A case for review are delivery notifications. […]
Rockfarm Supply Chain Coaching
This is part 3 of 3, as Seth Pacha, our demand planning guru outlines data integrity elements and system automation. Processes – automated reviews that handle the 5-10% of exceptions Economic and market intelligence Suppliers Operations Sales programs / warranty issues New model / new product introduction End of life Focus on building processes to […]
Rockfarm Supply Chain Coaching
This is part 2 of 3, as Seth Pacha, our demand planning guru outlines data integrity elements and system automation. Data – clean and aligned to system configuration Do accurate lead-times exist with alignment to the planning system? Are correct suppliers established within the system? Are key fields for planning populated such as standard cost, […]
As many of you are aware the ELD (Electronic Logging Device) mandate took effect in December of 2017 with enforcement of out of service criteria taking effect April 1, 2018. The next mandate to take effect for road safety is the federal CDL Drug and Alcohol Clearinghouse. This clearinghouse will provide a database of drivers […]
Rockfarm Supply Chain Coaching
As part of a 3 part series, Seth Pacha, our demand planning guru will outline key elements of demand planning. When building inventory to stock in anticipation of future customer demand such as in an aftermarket or service parts industry, frequent pain points exist that cause less than desirable results. First and foremost is data. […]
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