20Cube Logistics

FEBRUARY 17, 2022

The rapid rate of technological change and faster access to a greater amount of data are resulting in a transformation of the freight forwarding process. Ø An immense amount of information is required from multiple sources during various stages. Considering cost-saving opportunities such as freight consolidation.

Freight 75

Freight Resource Reduction Cost Reduction Strategies Inventory Reduction 75

Supply Chain Shaman

MARCH 21, 2022

” Corporations serve international markets, and the source of rare minerals (so critical for the evolution of the green supply chain) is primarily Asia. Others argue the demise of global sourcing; might I add caution? Deaths in Hong Kong are at a record level as COVID outbreaks slow freight at Shenzhen and Qingdao ports in China.

Modeling 276

Modeling Supply Chain Planning Software Supply and Demand Supply Chain Design Software 276

Intelligent Audit

MAY 19, 2022

Many expenses arise from these disruptions that impact the bottom line profits for shippers today; one of the most volatile and impactful is freight bill financing. Managing freight costs and freight payments , whether per mile, per load, or truckload is vital to overcoming the obstacles and disruptions currently plaguing the industry.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Optimal Sourcing Freight Expense Reduction 52

Intelligent Audit

MAY 9, 2022

With ongoing recovery firmly in progress across multiple industries, one of the most significant challenges facing freight forwarders, supply chain managers, and transportation service providers is the issue of payment and freight bill payment service management. Transportation invoice audit providers can improve payment processes.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Freight Material Savings 52

The Logistics & Supply Chain Management Society

MAY 28, 2022

While there has been some easing of capacity constraints, many of these issues are likely to continue well into the second half of the year. greenhouse gas emissions can be attributed to the freight transportation sector. Ensure Your Materials Are Ethically Sourced. This is a global issue, of course, but if we just take the U.S.

Sustainability 264

Sustainability Agile and Lean Supply Chain Supply Chain Software Supply Chain Optimization 264

Logistics Viewpoints

NOVEMBER 14, 2022

Many-to-many can also refer to many participants in a network accessing many, many sources of event data critical to supply chain operations through a public cloud network. The network supports a wide array of messaging types including real-time GPS, EDI, and API-based capacity requests, bookings, statuses, and customs messages.

Agile and Lean Supply Chain 224

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software 224

Intelligent Audit

MAY 10, 2022

As more shippers and logistics managers begin to focus on freight analytics, the need for a concise and reliable way to deal with everything involved becomes painfully clear. Supply chain insights and freight audit data and analytics make it much easier to process, analyze and apply all that data practically and effectively. .

Sourcing Strategies 52

Sourcing Strategies Prescriptive Analytics Software Supply Chain Software Analytics Software 52

The Logistics & Supply Chain Management Society

MARCH 14, 2023

With constrained and somewhat erratic demand and supply – not just of products and materials but also capacity with carriers of all modes – rates have been extremely volatile. Rates are now starting to stabilise and for ocean freight especially, we are seeing rates closer to pre-COVID levels.

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

Talking Logistics

JUNE 30, 2015

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. Going forward, it is vital that shippers analyze their freight spend and if required renegotiate their rates regularly to remain competitive.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

Intelligent Audit

MARCH 30, 2022

With the continued advancements in shipping logistics and services, the rise of freight visibility is among the most critical points management must consider. Poor Freight Visibility Results in Inefficiencies. Poor Freight Visibility Results in Inefficiencies.

Network Optimization Software 52

Network Optimization Software Logistics Network Optimization Software Freight Supply Chain Planning Software 52

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

Truck capacity shortages occur as carriers shift resources to provide recovery support to affected areas. The tight capacity and shipping downtime can increase rates and severely disrupt freight flow for months. The issues of labour and transportation costs, along with capacity, will beleaguer everyone. Following the U.S.-China

Predictive Analytics Software 130

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Prescriptive Analytics Software 130

SYSPRO Smarter ERP

NOVEMBER 3, 2021

The SCOR (Supply Chain Operations Reference) methodology has six high-level business activities that define the supply chain – plan, source, make, deliver, return, and enable. can be measured to define this metric. It is important to note that capacity may have seasonal or temporary variation. Warehousing KPIs. Outbound KPIs.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

Intelligent Audit

FEBRUARY 18, 2021

Track the Right Metrics Based on Unique Operations. Therefore, it is crucial to align the chosen metrics and data points with your company’s unique needs. Another way to reduce logistics cost within the supply chain network is to create a standard for data analysis, also know as the single source of truth.

Cost Reduction Strategies 52

Cost Reduction Strategies Analytics Software Logistics Network Optimization Software Resource Reduction 52

Intelligent Audit

FEBRUARY 3, 2022

In freight auditing, freight audit advisors work with freight shippers to ensure that all charges are accurate and to prevent wasting money. Shippers can ensure they are getting the best possible rates from their carriers by working with a freight audit consultant. What Freight Auditing Is and Why It’s Important.

Freight 52

Freight Material Savings Resource Reduction Cost Reduction Strategies 52

Intelligent Audit

MARCH 29, 2022

Freight bill auditing and tracking have always been essential but more so now than ever before. Leading freight audit and payment analytics (FAP) provides a host of viable and applicable solutions and market insight, making it easier for shippers to overcome market issues and limited capacity. . Data-Driven Anomaly Detection.

Analytics Software 52

Analytics Software Analytics Optimal Sourcing Expense Reduction 52

Supply Chain Matters

JULY 7, 2023

According to the June report summary , the primary driver of the latest decline was the inventory metric, which reportedly contracted 6.5 Consequently, the warehousing capacity metric increased a reported 6.8 Both metrics contributed to the overall contraction in the LMI along with contracting price levels for transportation.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Inventory Reduction Negotiate Pricing 52

Supply Chain Matters

OCTOBER 12, 2022

On the other hand, transportation metrics continue their slowed pace, reaching the second highest level of capacity growth, and the third fastest rate of price contraction in the history of the index. In September of last year, the spread of Transportation Prices to available capacity reflected a 55.1 for September.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

Supply Chain Matters

FEBRUARY 14, 2024

According to the reporting by The Wall Street Journal (Paid subscription) , Maersk’s profitability decline has more to do with new ship capacity coming into service this year as a result of ship acquisitions initiated during the prior 2-3 years. Maersk is not the only global wide carrier bringing on added new ship capacity this year.

Transportation 52

Transportation Supply Chain Planning Software Panama Supply Chain Software 52

The Logistics & Supply Chain Management Society

JULY 23, 2020

To create flexible and balanced supply chain organisation, it is necessary to integrate strategy, processes, metrics, and technology enterprise wide and across customers, suppliers, and service providers. To improve your capability to manage demand shifts and customer expectations it is mandatory to have dual sourcing. CONCLUSION.

Agile and Lean Supply Chain 258

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 258

SCMDOJO

APRIL 9, 2024

Leveraging telematics in logistics makes it easy to access real-time information like vehicle location and status, deviations from planned schedules, traffic situations, driving behavior, vehicle diagnostics, maintenance issues, vehicle metrics that affect fuel efficiency, and more.

Supply Chain Design Software 76

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Design 76

Locus

JULY 24, 2023

Supply chain management involves the transportation of freight between locations, and load matching is a small but critical aspect that drives supply chain efficiency. Load matching can be understood as the pairing of freight with the most suitable transportation carriers. This ensures efficient and safe transportation.

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Optimization Software Logistics Network Optimization Software 52

Supply Chain Cowboy

MARCH 1, 2015

But is your scorecard missing key metrics? It includes a free Excel template that you can modify to match exactly what metrics you want to measure. While some of these metrics might not apply to your business model, there’s definitely a few to add if they measure something important to you and your customers. Communication.

Vendor Strategies 40

Vendor Strategies Metrics Price Reduction Expense Reduction 40

Intelligent Audit

MAY 2, 2022

As highlighted by Transport Topics in a January 2022 article discussing freight shipping analytics, “ Data shows total truckload rates year-over-year are holding around 12% higher. One of the essential features of freight analytics is how it impacts forecasting services. They are forecast to grow 2.5% to 3% throughout the year.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Analytics Software Predictive Analytics 52

Intelligent Audit

OCTOBER 19, 2022

Recent trends, from rate fluctuations to tight capacity, have underscored the need look deeper at shipping networks, whether plumbing for more efficient routes or revisiting carrier contracts. The focus on visibility has generated an onslaught of transportation data — often from numerous sources. What is Shipping Data?

Optimal Sourcing 52

Optimal Sourcing Optimization Software Network Optimization Price Mitigation Strategies 52

ThroughPut

FEBRUARY 23, 2024

Leveraging AI for demand forecasting means: You can analyze any amount of historical data and current trends from external sources to predict future demands more accurately. Embracing AI for supplier management within the supply chain translates to: Optimizing your sourcing decisions through critical data insights. The solution?

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Intelligent Audit

MAY 6, 2021

technologies are creating new opportunities to digitalize the value chain and create sources of insight and opportunities to optimize networks in real-time.” The finance department needs to know what’s happening within transportation and how that impacts costs and capacity to improve transportation spend management performance.

Optimal Sourcing 59

Optimal Sourcing Network Optimization Sourcing Strategies Resource Reduction 59

BlueYonder

APRIL 18, 2022

Fourth-party logistics providers offer a single, expert source for managing end-to-end logistics for a range of customers. They’re taking care of the ocean freight, the air freight and the terrestrial freight — really managing product movements from the beginning of the journey to the end.”. They are purely objective.

Logistics Network Optimization Software 95

Logistics Network Optimization Software Modeling Optimal Sourcing Supply Chain Software 95

BlueYonder

OCTOBER 20, 2022

where the various parts were sourced, what are they made of, etc.) For example, would we be willing to wait an extra day or two for our online orders to be delivered if we were to understand the impact of the decision on sustainability metrics? This shows that sustainability concerns are only growing. Where product sustainability (i.e.,

Waste Reduction 83

Waste Reduction Sustainability Cost Reduction Strategies Supply Chain Design Software 83

Zipline Logistics

JULY 27, 2021

As produce transportation winds down and the freight market loosens slightly for the first time in several months, CPG shippers have the opportunity to prepare for the quickly approaching peak season. Peak season in this context is defined by increased freight volume associated with back-to-school shopping and the coming holiday season.

Vendor Strategies 52

Vendor Strategies Optimal Sourcing Sourcing Strategies Cost Reduction Strategies 52

Supply Chain Game Changer

JULY 29, 2021

High capacity oxygen tankers were airlifted from UAE. Saudi Arabia shipped 80 Metric tonnes of liquid oxygen to India and Portugal assured 20,000 litres of oxygen per week to India along with 5503 vials of Remdesvir. Australia too sent immediate support package of ventilators, oxygen tanks and PPE Kits.

India 105

India Supply Chain Saudi Arabia Portugal 105

Supply Chain Shaman

JANUARY 28, 2015

We then rated companies on their ability to manage and improve a portfolio of metrics: operating margin, inventory turns and Return on Invested Capital (ROIC). Before taking her current position, she served in several capacities including Seagate’s product design and manufacturing facilities in the U.S. and Singapore.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

QAD

JUNE 17, 2021

Even without a global pandemic and its aftershocks, manufacturing supply chains are often brittle and can break easily when disruptions occur, leading to over- or under-utilized resources, premium freight costs, inventory write-offs, lost orders and faulty decision-making.

Supplier Management 97

Supplier Management Supply Chain Planning Software Supply Chain Planning Supply Chain Software 97

Supply Chain Matters

JUNE 7, 2023

percentage points In May, noted as an indication that shippers are consuming even less of available capacity than the month earlier. not only described as a “ significant rate of contraction ,” but also the first time that this particular metric has reached such a low level. Transportation utilization reportedly dipped a hefty 9.5

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Logistics Material Savings 52

Supply Chain Matters

MAY 23, 2022

The authors point to the delivery time disruptions occurring in China , an increase in air freight costs from the U.S. The April report specifically indicates t hat after 23 consecutive months of contraction the index of Transportation Capacity shifted back into expansion, bumping up 11.2 after reaching an all-time high of 76.2

Supply Chain Optimization 59

Supply Chain Optimization Supply Chain Planning Software Supply Chain Software Supply Chain Strategy 59

SupplyShift

JUNE 10, 2020

What we found Of the companies surveyed since March, 43 percent reported that they were running at 81-100 percent of capacity, and 14 percent reported that they were actually operating at more than 100 percent of capacity. So let’s round up some of the emerging supply-side strategies and considerations. Learn more here.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Supply Chain Planning Software 52

SupplyShift

JUNE 10, 2020

Of the companies surveyed since March, 43 percent reported that they were running at 81-100 percent of capacity, and 14 percent reported that they were actually operating at more than 100 percent of capacity. Similarly, this Forbes contributor says 70% of the S&P 100 are now publicly highlighting ESG metrics to shareholders.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Supply Chain Planning Software 52

ShipBob

APRIL 26, 2023

It involves all the activities related to the sourcing and transportation of raw materials needed in the manufacturing process. Whichever shipping carriers were still operational were stretched beyond capacity, which meant that customers had to wait for much longer to receive their goods.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Planning 52