Logistics Metrics Intermediate

Carrier Performance

Also known as: Carrier Scorecard, Carrier Metrics, Carrier Evaluation

Definition

Carrier performance measurement is the systematic tracking and evaluation of how well carriers meet service commitments. It helps shippers make informed decisions about carrier selection, negotiate better contracts, and hold carriers accountable.

Key Performance Metrics

Metric Description Target
On-time delivery % delivered by promised date 97%+
Damage rate % of shipments with damage <0.5%
Claim ratio Claims filed vs. shipments <1%
Claim resolution Days to resolve claims <30 days
Tracking accuracy % of shipments with good tracking 99%+
Billing accuracy Invoices without errors 98%+

Building a Carrier Scorecard

Step 1: Define Metrics

  • Choose relevant KPIs for your business
  • Set benchmark targets
  • Weight metrics by importance

Step 2: Collect Data

  • Integrate tracking data feeds
  • Capture delivery outcomes
  • Track claims and resolution

Step 3: Calculate Scores

  • Score each metric (e.g., 0-100)
  • Apply weights
  • Calculate composite score

Step 4: Review and Act

  • Share scorecards with carriers
  • Discuss improvement areas
  • Adjust routing based on performance

Sample Scorecard Weights

Metric Weight
On-time delivery 40%
Damage rate 20%
Claims handling 15%
Tracking accuracy 10%
Billing accuracy 10%
Customer complaints 5%

Using Performance Data

  • Routing decisions - Prioritize better performers
  • Contract negotiations - Leverage data for better terms
  • Issue resolution - Identify systemic problems
  • Capacity planning - Know who to rely on during peak
  • Carrier development - Work with carriers to improve

Review Frequency

  • Weekly operational reviews
  • Monthly scorecard updates
  • Quarterly business reviews with carriers
  • Annual contract evaluations
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