The most common KPI (Key Performance Indicator) for departments of transportation where there was the availability of visibility solutions was in the past about measuring on-time performance. On-time performance used to measure air and ocean carriers. A carrier scorecard would always get reviewed each quarter. Motor carriers also used to be measured according to their service types. It was very rare to find a company reviewing the performance of multi-leg shipments. With the current rapid evolution of GPS datasets, real-time tracking, the IOT as well as the enablement of the technology of global partners via mobile solutions, more data has been made available to shippers (Bloomberg).
When it comes to evaluating opportunities for the supply chain performance, the best KPI has to focus on metrics around trading and functions partners. An international shipment takes an average cycle time of 21 days and 6 days of variability. This, however, is the contrast of domestic shipment whereby the average cycle times goes for 4 days and only 1 day of variability (https://3pl-technology.logisticstechoutlook.com/vendor/edisoft-optimizing-the-endtoend-3pl-workflow-cid-128-mid-23.html). International shipments also need the involvement of numerous trading partners compared to domestic shipments. In order to get the right conclusions from big data, it is important for all the information from all parties to be accurate, complete and timely. It also has to synchronize with the heterogeneous types of data when it comes to time and location zones.
Established in 1995, Edisoft offer EDI solutions that are unparalleled that allow both medium and small-sized businesses to trade and connect easily with all their trading partners. The company has set out to come out with a product that would be able to integrate the functionality of full-featured EDI directly into the most important ERP software and accounting systems. With its main headquarters situated in Toronto, Edisoft has brought together an international team of software and EDI experts. The end-to-end supply chain solutions offered by this company include Merchant XChange and QuikPAK. QuikPAK is involved in the automating the order promotion as well as the print, pack, pick as well as the shipment staged in client’s warehouses Edisoft is described as a global software company that serves its partners and clients from all over the world from its offices located in the US and Canada.