ToolsGroup

APRIL 1, 2022

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. Following a March 2022 surge of Covid-19 in Shanghai, shipping company A.P. Within a week of Russian troops crossing into Ukraine, the benchmark for thermal coal prices reached a record high of $446 per metric ton.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

In addition, we have taken several steps in the past few years to affect industry change, such as being an active member of the Clean Cargo Group and joining the Sustainable Air Freight Alliance (SAFA). Photo Credit: United Airlines. million gallons of SAF this year. Acting for Responsible Trade.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

Logistics Viewpoints

MARCH 18, 2022

Russia-Ukraine war is worsening shipping snarls. Russian forces are cutting off shipping routes, logistics firms are suspending services, and air freight rates are skyrocketing. Russian naval forces have closed shipping in and out of the Sea of Azov, which is one of the few access points to ocean trade in Ukraine.

Logistics Network Optimization Software 213

Logistics Network Optimization Software Supply Chain Design Software Price Reduction Cost Reduction Strategies 213

Logistics Viewpoints

DECEMBER 7, 2021

The unprecedented cargo logjams off the southern California coast wreaking havoc on supply chains show no signs of waning. Just two days before Thanksgiving, FreightWaves reported an “all-time-high 93 ships” were waiting there. Requirements to manage carrier invoices and other transactions grow in stride. They face higher costs.

Capacity 191

Capacity Price Reduction Cost Reduction Strategies Inventory Reduction 191

GlobalTranz

DECEMBER 8, 2021

Introduce your company and your unique shipping needs. Even if you’re working with familiar partners, provide detailed lane data, including origin and destination zip code info, freight volume and frequency, commodity types, cargo values, special equipment and delivery requirements, terms and conditions and facility profiles.

Freight 226

Freight Network Optimization Software Modeling Supply Chain Planning Software 226

Intelligent Audit

SEPTEMBER 30, 2021

The GRI shipping term refers to the usual increase in fees that are applied to container shipping rates. To help your company keep total costs in check, this blog will dig into the fundamentals behind GRI shipping increases, what a GRI surcharge is and a few other things to know. What GRI Stands for in Shipping.

Shipping 52

Shipping Expense Reduction Cost Reduction Strategies Resource Reduction 52

Logistics Viewpoints

SEPTEMBER 19, 2023

Metrics such as lead-times, forecast accuracy, inventory levels, and service are used to measure operational risks. Examples of disruptive risks are suppliers going out of business or shipwrecks that result in the loss of cargo containers. Disruptive risks on the other hand are harder to predict and manage.

Supply Chain Design Software 231

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 231

Supply Chain Game Changer

AUGUST 21, 2022

A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. These materials were then transferred to barges and rail cars for delivery, and finally to terminals where they were packaged into shipping containers for final delivery by rail.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

Logistics Viewpoints

MAY 19, 2022

He had a load full of cotton bales, and while idling away hours at a shipyard watching stevedores load other cargo onto ships he dreamed up containers that transformed global supply chains. Containerization eventually reduced shipping and loading costs by at least 75%.

Optimal Sourcing 228

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 228

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. It serves as the compass guiding shippers toward efficient, economical, and dependable cargo transport.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

Intelligent Audit

DECEMBER 15, 2020

Mike Griswold, Vice President Analyst at Gartner , had this to say about the value supply chain KPIs and metrics. Supply chain metrics provide the vehicle to ‘look at the results’ and gauge the effectiveness of an organization’s execution strategy. Damage Rates or Cargo Loss. It also has a direct correlation to cargo loss.

Gartner 52

Gartner Supply Chain Software Supply Chain Optimization Supply Chain Strategy 52

GlobalTranz

SEPTEMBER 23, 2021

Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.? Such congestion naturally leads to bottlenecks in planning drayage and eventual increases in the total cost of shipping, not to mention an added strain on trucking as the bottlenecks grow.? . Focusing on the?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

The Logistics & Supply Chain Management Society

MARCH 14, 2023

The Shippers Council of the Logistics & Supply Chain Management Society comprises close to 30 of the largest shippers or beneficial cargo owners (BCOs) in the Asia Pacific. Some examples of these would be the Xeneta Shipping Index, Freightos Freight Rate Index, Container Trade Statistics Price Index, and the Drewry World Container Index.

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

NC State SCRC

MARCH 25, 2021

By now many of you have heard about the “Ever Given”, which has been stuck in the Suez Canal since Tuesday, and is blocking all container ships trying to get through with their cargo. For many years, as we moved to low cost countries, the shipping industry benefited. It may take weeks, by some estimates.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Cargo Waste Reduction Material Savings 52

Intelligent Audit

MAY 19, 2022

Successful shipping and transportation operations are at the heart of a strong focus on improving business logistics and daily operations. Implementing changes to consolidated freight shipping and improving operational efficiency can help lower freight costs. Increase Your Lead Time. Know Your Accessorial Costs and When They Apply.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Optimal Sourcing Freight Expense Reduction 52

American Global Logistics

DECEMBER 7, 2022

Cargo planes could not fly out of or into Russia or Ukraine. Likewise, ships could not sail into or out of Russia and Ukraine. This metric, referred to as a “Frankenstat” due to its grand scope, has many critics. Cargo capacity exacerbated inventory shortages in the first half of 2023.

Russia 52

Russia Inventory Reduction Price Reduction Modeling 52

Zipline Logistics

JANUARY 17, 2023

Elon Musk revealed that one of Tesla’s battery powered class 8 semi-trucks completed a 500-mile trip fully loaded with 81,000 pounds of cargo – all off a single charge. . How you ship products is another way to connect with consumers who are becoming increasingly likely to consider sustainability before making a purchase. .

Resource Reduction 78

Resource Reduction Waste Reduction Vendor Strategies Optimal Sourcing 78

Intelligent Audit

DECEMBER 13, 2022

USPS Releases On-Time Performance Metrics. 2, USPS revealed its latest delivery performance metrics for the eighth week of the first quarter of the fiscal year 2023. Peak-season shippers facing an inventory backlash are beginning to question just-in-time strategies that prioritize efficiency over all other transportation metrics.

Price Reduction 52

Price Reduction Waste Reduction Cost Reduction Strategies Inventory Reduction 52

Logistics Viewpoints

DECEMBER 8, 2023

I saw an article recently about a cargo flight headed to Belgium from New York that had to turn around mid-flight. National carriers like FedEx and UPS grabbed a larger share of volume from regional delivery providers on the busy shipping week of Black Friday than last year, according to emailed data from Shipium. rolling mills, U.S.

Logistics Network Optimization Software 251

Logistics Network Optimization Software Price Reduction Material Savings Logistics 251

Logility

FEBRUARY 7, 2023

Transportation and shipping issues aren’t the only problem, of course. Demand prioritization is best if you have tiered customers or groups or locations (known priorities), you need to maximize metrics like profitability over equitability, or you need to short supply for the present but have more products coming in future.

Optimal Sourcing 142

Optimal Sourcing Optimization Software Supply Chain Optimization Price Mitigation Strategies 142

Resilinc

AUGUST 24, 2021

“The trucking industry is facing government anti-pollution requirements as well as cargo customers eager to eliminate carbon from their supply chains,” wrote the Wall Street Journal in an August 9 story about technology pilots to remove carbon-dioxide from truck exhaust. According to industry data , trucks hauled 72.5%

Trends 62

Trends Waste Reduction Cost Reduction Strategies Supply Chain Software 62

Logistics Viewpoints

JULY 21, 2023

Seven years ago, I wrote that Cyberdyne Systems’ Skynet division was working on teleportation capabilities that will eliminate the need to wait for products to ship entirely. million metric tons of carbon dioxide equivalent in 2022, down 0.4 The Seattle-based giant emitted 71.27

Logistics Network Optimization Software 193

Logistics Network Optimization Software Purchasing Skills Pricing Training Procurement Analytics 193

Resilinc

JANUARY 3, 2022

Known as Scope 3 GHGs, this includes raw materials extraction and processing to packaging and shipping. The nations and their supporters say most of the money should be used to help vulnerable countries adapt to climate change, while some goes to R&D on low-carbon shipping fuels.

Resource Reduction 62

Resource Reduction Material Savings Solomon Islands Waste Reduction 62

Supply Chain Shaman

FEBRUARY 23, 2015

As a country, I think that we need to rethink supply chain flows for chassis, drayage and the unloading of larger ships. I don’t think that the ports are up to the challenge of moving the high-levels of freight with larger ships without rethinking unloading space, equipment and flows. It takes 2 to 3 days to unload a ship.

Long Beach 150

Long Beach Los Angeles Supply Chain Design Software Supply Chain Design 150

Locus

JULY 24, 2023

Think of it as carpooling for cargo – you share the ride, and so you share the costs. Less than Truckload (LTL) LTL is the democracy of shipping. Typically supply chain managers at shipping companies would resort to cost cutting strategies and use of legacy solutions. It’s all about sharing space.

Optimal Sourcing 52

Optimal Sourcing Resource Reduction Optimization Software Modeling 52

Zipline Logistics

JUNE 30, 2020

These are a la carte, or per service, and outside of standard shipping and receiving. Cargo — Product carried during transportation. Carriage — In maritime shipping, carriage refers to the movement of cargo on a vessel after loading and before unloading. Consignor — The originator of shipped products.

Supply Chain Planning Software 52

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

Supply Chain Game Changer

MARCH 26, 2021

It can also assist in determining specific metrics that affect the business. An additional example relates to a shipping or delivery service, where consolidating shipments when possible could relay savings in fleet management costs in the number of shipments needed and potentially decrease the quantity of delivery vehicles that require.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Resource Reduction Price Reduction 98

Savi

JUNE 14, 2019

From there, it can move horizontally to deliver cargo and packages for others and compete with other logistics service providers. Does that mean to compete today, you need planes, trucks, ships and a global network of distribution centers? Not necessarily. However, you do need the right tools for the job.

Analytics Software 45

Analytics Software Supply Chain Software Predictive Analytics Software Logistics Network Optimization Software 45

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

Intelligent Audit

SEPTEMBER 9, 2021

With the growing focus on and demand for two-day and even same-day shipping, consumers want fast and reliable shipping services, which always come at a price. Increased cost savings through zone skipping and streamlined shipping services. Tracking cost by mode, lane, and cargo type for better metrics comparison.

Freight 52

Freight Expense Reduction Supply Chain Planning Software Cost Reduction Strategies 52

FLEXE

DECEMBER 11, 2016

Basically, responsible for ocean freight carriers, ocean ships that rely on truck companies. So today and yesterday, there was not enough capacity, cargo was rolled, prices spiked. Shipping a 40-ton container back in July or June used to cost about $700 — a 40-ton container. MSC is interested to charter those ships.

Modeling Software 31

Modeling Software Logistics Network Optimization Software Supply Chain Design Software Predictive Analytics Software 31

Zipline Logistics

MARCH 2, 2021

Consolidation efforts can also help brands improve key metrics with retailers like OTIF and MABD requirements , improving customer relationships, which is another way to stand out among competitors. . How brands ship their products can be another great way to utilize green logistics practices. Operational Alignment Improvements.

Cost Reduction Strategies 52

Cost Reduction Strategies Material Savings Vendor Strategies Optimal Sourcing 52

Zipline Logistics

OCTOBER 27, 2020

Consolidation can bring about supply chain improvements that allow for more sustainable practices and hit key metrics with retailers like OTIF and MABD requirements, improving customer relationships. Trains can now move one ton of cargo approximately 484 miles on just one gallon of fuel. Considering Alternative Transportation Modes.

Vendor Strategies 52

Vendor Strategies Resource Reduction Waste Reduction Cost Reduction Strategies 52

ShipBob

MAY 11, 2021

Shipping carriers were stretched beyond capacity, which slowed down the last-mile delivery in many areas. The Suez Canal became blocked, which held up inventory from the cargo on board the ship, as well as other ships that couldn’t go their planned route. Which shipping methods do my customers choose most often?

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Material Savings 98

Talking Logistics

OCTOBER 29, 2013

Besides providing fast, thorough answers to customers, today’s ERP, cloud-based SaaS, or 3PL-operated systems enable companies to manage the order lifecycle, control information and cargo flows, and reduce the total cost of goods. performance metrics to influence vendor behavior and impact sourcing choices. Sourcing uses P.O.

Pricing Training 145

Pricing Training Purchasing Skills Purchasing Training Negotiating Skills 145

ShipBob

AUGUST 25, 2021

And if a business is paying too much in shipping costs, it can majorly reduce profit margins. The first-mile delivery stage has a direct impact on your shipping experience and improving the former will deliver substantial gains to the latter. First mile vs. last-mile delivery: what’s the difference? The analytics are super helpful.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Optimization Software Inventory Reduction 52

Supply Chain Network

APRIL 5, 2018

percent per year, over 90% of the world’s trade is carried by sea for a total of 23 million tonnes of cargo traveling by ship every day. With maritime transport growing at an average rate of over 8.5 And relative to emerging data sources of relevant Big Data on global supply chains, one very interesting new player is Spire Global.

Predictive Analytics 79

Predictive Analytics Predictive Analytics Software Analytics Software Big Data 79