Supply Chain Network

AUGUST 6, 2012

According to the latest American Shipper benchmark survey, transportation spending increased in 2012 – according to 75 percent of respondents – remaining unscathed by budget cuts. Shockingly, though, companies are failing to invest in the necessary procurement tools to manage spend and optimize their transportation networks.

Optimal Sourcing 92

Optimal Sourcing Procurement Solutions Supply Chain Planning Software Procurement Analytics 92

Talking Logistics

JUNE 27, 2014

April 2014 North American Freight Numbers. Several reports have been published in recent years underscoring the growing importance of supply chain risk management. billion a day, disrupt 169,000 jobs, and cost the average household $170 in purchasing power. Dutch plan for self-driving trucks within five years ( Reuters ).

Logistics Network Optimization Software 145

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Negotiating Skills 145

CH Robinson Transportfolio

JUNE 9, 2022

In your personal life, you can use a variety of devices to make purchases—from your phone to your smart TV, it’s all possible within whatever device you’re using. In fact, today you can procure freight rates from your transportation providers right in your TMS. Cost savings in loose markets. Specialized project freight.

Supply Chain Planning Software 70

Supply Chain Planning Software Demand Planning Software Analytics Software Optimization Software 70

GlobalTranz

OCTOBER 21, 2015

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. Many logistics service providers will provide their customers with an SLA.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Supply Chain Game Changer

NOVEMBER 19, 2018

Financial losses or declining profitability certainly make cost cutting a priority. And competitive pressures and benchmarking results will also add to the need to reduce costs and/or be more productive. And the reality is that Supply Chain must be cost-effective. Cost and Profit Management.

Negotiating Skills 84

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 84

Supply Chain Game Changer

NOVEMBER 28, 2019

Third-party logistics (or 3PL) providers, are standing on the brink of breakout growth. While 3PL providers want to adapt to this new market opportunity, their existing logistics operations often have a hard time keeping pace with these growing demands. 3PLs and Logistics Operations – What’s Changed? Project 44.

Logistics Network Optimization Software 83

Logistics Network Optimization Software 3PL Optimal Sourcing Supply Chain Planning Software 83

Talking Logistics

JUNE 2, 2016

Today, shippers face increased regulations, unstable market conditions and capacity concerns that make it near impossible for a newly divested company to achieve all of its goals without the expertise and support of a third-party logistics (3PL) provider. Step 2: Leverage a Transitional Service Agreement Wisely.

3PL 100

3PL Optimal Sourcing Modeling Procurement Analytics 100

Logistics Bureau

NOVEMBER 16, 2020

And now let us examine the reasons why a career in logistics offers so much diversity to so many workers. It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Unleashed

JULY 25, 2023

It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. Inventory turnover period The inventory turnover period is the time taken from when you purchase inventory until the time those goods are sold.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

GlobalTranz

MARCH 24, 2015

Given that our proprietary TMS, the Cerasis Rater , provides multiple reports, giving our shippers’ many insights, this post is quite appropriate, just like getting the data that is meaningful , in order to make the best decisions for your business possible. . Payments on leased/purchased trucks and trailers represent 11% of costs.

Benchmarking 120

Benchmarking Purchasing Skills Analysis Cost Reduction Strategies 120

Freightos

FEBRUARY 4, 2020

The concept of an index, reporting the market price for a specific good, was developed precisely for this reason. As a result, nearly every industry has created on-demand metrics to gauge market performance, hedge risks, and to power intelligent decisions. But despite its size, containerized freight’s poor visibility persisted.

Optimal Sourcing 235

Optimal Sourcing Purchasing Skills Real-time Visibility Procurement Analytics 235

Shipchain

OCTOBER 25, 2019

We’ve been busy fine-tuning our platform, nailing our pitch, bringing on new customers, demoing for clients, and speaking at and attending different freight and logistics conferences. Chris Kupillas, Regional VP, BlueGrace Logistics. James Osborn, Manager of Logistics and Process Improvement, Hanover Foods.

Las Vegas 48

Las Vegas Logistics Network Optimization Software Procurement Analytics Supply Chain Planning Software 48

Zipline Logistics

JANUARY 24, 2020

Logistics is a critical function for CPG suppliers selling into big-box retail locations. Delivering on-time and in-full is essential to success and a metric used by retailers when evaluating partnerships with vendors of all sizes. We have a few tips on how to make logistics improvements to increase OTIF performance.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Inventory Reduction How To 52

The Logistics of Logistics

JANUARY 26, 2016

They allow you to set benchmarks and improve your business practices. Your capacity to meet customer demands hinges on your ability to accurately report inventory. Calculate this by looking at hard costs for labor, freight, storage and insurance. A good benchmark is to reduce turnover, thus lowering training costs.

Warehousing 100

Warehousing KPI Inventory Reduction Cost Reduction Strategies 100

20Cube Logistics

DECEMBER 8, 2020

Sometime back, the logistics companies in India were known to have a laid back attitude, it was such that even adopting a new technology was a slow start, but with the latest advent like IoT, Data Analytics and Big Data the logistics companies have changed paths and transformed the way the sector works.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Modeling Software Analytics Software Predictive Analytics Software 52

GlobalTranz

AUGUST 4, 2015

Editor's Note: As a third party logistics company with a focus on better Less-Than-Truckload (LTL) freight management, we have several shippers who are in the manufacturing industry. In today's post, we share 5 Golden Manufacturing Metrics that all manufacturing companies should understand to improve plant operations quality.

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 120

Logistics Viewpoints

MARCH 11, 2022

And now on to this week’s logistics news. XPO Logistics to spin off freight brokerage. CEVA Logistics using self-driving trucks to move freight. CEVA Logistics using self-driving trucks to move freight. The company already spun off its contract logistics business last year.

Fort Worth 188

Fort Worth Logistics Network Optimization Software Oklahoma City San Antonio 188

Supply Chain Game Changer

JULY 3, 2019

Responsible Sourcing isn’t just about sourcing and procuring goods and services in a more sustainable manner, but also about ensuring external suppliers are aligned and committed to the same principles and values. Benchmark the market and take into account the ability for different solutions to fit into your existing sourcing processes.

Sourcing Strategies 58

Sourcing Strategies Purchasing Skills Sourcing Sustainability 58

ToolsGroup

APRIL 1, 2022

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Material Handling & Logistics ). Material Handling & Logistics ). Prior to Covid-19, 45% of consumers never considered the supply chain when making purchases.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Zipline Logistics

JANUARY 17, 2023

It’s no secret that many consumers now consider the sustainability of a product before purchasing, much like they consider price or quality. Advanced technological suites and logistics planning methodology, combined with other initiatives, can help brands find optimal routing for their deliveries. roads generate about 7% of U.S.

Resource Reduction 78

Resource Reduction Waste Reduction Vendor Strategies Optimal Sourcing 78

ShipBob

APRIL 15, 2024

That’s why you need to closely measure metrics such as gross margin return on investment (GMROI). Specifically, GMROI measures how much profit you generate from every dollar you invest in your inventory purchases. This metric doesn’t just account for the cost of buying inventory. a good result, or a bad one?

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 52

Supply Chain Opz

NOVEMBER 9, 2014

However, commonly used KPIs used by supply chain executives are usually focused on logistics performance (e.g., In an uncertain environment, affordability and predictability are at a premium, and a supply-chain organization can deliver these through effective management and oversight of its suppliers.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

Intelligent Audit

JANUARY 26, 2022

These days, most freight brokers and carriers do not like to see the words “freight audit” in a carrier or shipper’s email. The last thing anyone interested in getting paid is someone digging into the details of their freight bill payment and invoices. What Is a Freight Audit? Do taxes need to be paid?

Negotiating Skills 52

Negotiating Skills Freight Negotiate Pricing Purchasing Skills 52

Logility

SEPTEMBER 16, 2022

Why do we build logistics models? But I ask it because modeling often takes a detour into the land of debilitating detail. And by debilitating, I mean an enormous analytical time sink — think months. I am often asking clients whether they wish to: A) Model the precise general ledger costs for logistics?

Modeling 130

Modeling Modeling Software Optimization Modeling Logistics Network Optimization Software 130

GlobalTranz

JUNE 11, 2015

The first post in this series broke down what is supplier quality management and the steps to evaluate suppliers and the second post gave you insight into the metrics to look out for by 6 major industries. Unlike domestic suppliers, they will respond to quality benchmarks by throwing labor-end-state inspection and rework-at the problem.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Quality Examples 120

Logistics Bureau

AUGUST 10, 2017

Last mile might be the latest buzzword (or buzzwords) in logistics, but not without good reason. It’s not just about the logistics providers you work with or whether you insource or outsource your distribution. Read More: Less Frustrating Way to Negotiate Freight Contracts. Shortening the Last Mile.

Supply Chain Planning Software 44

Supply Chain Planning Software Cost Reduction Strategies Inventory Reduction Price Reduction 44

Freightos

JULY 23, 2015

Logistics is the prime example of a changing industry – colossal, ripe for disruption and utterly opaque. And it’s about to get hit by a freight train of innovation. How much do we love freight innovation? And we found that freight innovation is hot. Is disruption ahead for the future of logistics?”.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Supply Chain Design Software San Francisco Predictive Analytics Software 120

Supply Chain Collaborator

FEBRUARY 24, 2017

Here are some of the ways your TMS sucks and how engaging a better solution could improve your transportation logistics and boost your company’s competitive advantage. Your TMS doesn’t support rate benchmarking. Sure, most solutions capture rate data and can run reports to show spend by lane.

Modeling Software 60

Modeling Software Optimization Software Demand Planning Software Logistics Network Optimization Software 60

6 River Systems

DECEMBER 11, 2018

As the biggest players in fulfillment, distribution and omnichannel retail continue to push boundaries, logistics and planning strategists are forced to innovate. Seeing this, we decided that it would be helpful to compile a curated list of 50 of the best tips on logistics planning and strategy that we could find.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

Zipline Logistics

JUNE 30, 2020

Logistics is no exception. There are hundreds of logistics terms that make up the industry’s language. Here is our glossary of top logistics terms to know. Logistics Terms for Pros to Know. Accessibility — The ability of a carrier to provide service for a freight order. ATA — Actual time of arrival.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Strategy 52

GlobalTranz

OCTOBER 29, 2015

We conclude our ongoing series in talking about effective KPI management by giving you a real live Logistics KPIs management case study from Whirlpool's engagement with a logistics service level provider. The Reiterated Importance of Understanding and Managing KPIs in Business and Logistics Management.

Case Study 120

Case Study KPI Logistics Network Optimization Software Supply Chain Design Software 120

GlobalTranz

DECEMBER 30, 2014

As with the logistics category where we featured 15 most popular blog posts vs. the 10 we covered in the top manufacturing blog posts and supply chain blog posts , we write so many transportation blog posts in that category, we are going to feature the 16 most viewed transportation blog posts. Read the Full Blog Post. Read the Full Blog Post.

Expense Reduction 232

Expense Reduction Logistics Network Optimization Software Supply Chain Planning Software Modeling Software 232

Unleashed

FEBRUARY 28, 2023

Here, we’ll talk about what receiving efficiency is, how to measure it using warehousing metrics, and cover a few different ways to optimise your inward goods process. Receiving efficiency is a useful warehousing metric that helps business owners determine whether their receiving process needs improvement. What is receiving efficiency?

Inventory Management Software 52

Inventory Management Software How To Inventory Reduction Warehousing 52

Supply Chain Game Changer

NOVEMBER 25, 2018

suggests that it is more likely that the business model is driving the high ROA, not Supply Chain per se. Now ROA and Inventory benchmarks certainly vary from Industry to Industry but on an individual basis do all of the ROAs and Inventory turns for each of these companies represent the benchmark for their respective industries?

Gartner 60

Gartner Supply Chain Design Software Supply Chain Software Supply Chain Design 60

Logistics Bureau

JUNE 14, 2021

Here at Benchmarking Success, we exist to help our customers improve supply chain performance. Historically, many of those customers concentrated keenly on measuring performance aspects such as cost to serve, perfect order, productivity, and cycle and lead times. Consider partnerships with multiple logistics providers.

Optimal Sourcing 57

Optimal Sourcing Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Strategy 57

Logistics Viewpoints

JANUARY 3, 2022

When it comes to the movement of freight, one megatrend driving the need for better technology is the driver shortage. The ATA has a National Private Truck Council that allows for benchmarking on driver turnover. In the last benchmark, truckload carriers with more than $30 million in annual revenue averaged 90% driver turnover.

Predictive Analytics Software 250

Predictive Analytics Software Supply Chain Network Software Logistics Network Optimization Software Analytics Software 250

6 River Systems

JUNE 29, 2020

“As the logistics industry faces extraordinary pressures, maintaining a culture of compliance is more critical than ever. “Additionally, a review of reporting procedures can act as a safeguard against corruption throughout operations. Maintain a culture of compliance, even in times of crisis.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116