Supply Chain Game Changer

OCTOBER 1, 2022

Air freight shipping is significantly more expensive than oceanic freight, but it takes far less time. As such, oceanic freight should be used for the majority of shipping, whereas airfreight is used only for the occasional surge in demand or special orders. Avoiding the effects of longer delivery times takes careful planning.

Supply Chain Planning Software 92

Supply Chain Planning Software Supply Chain Planning Supply Chain Manufacturing Procurement 92

Supply Chain Brain

MARCH 12, 2018

Fuller, who is also chief executive officer of freight market analytics provider FreightWaves , saw the suitability of a technology that originally was created to support the trading of Bitcoin and other cryptocurrencies. As it stands today, however, blockchain isn’t a solution that can be instantly embraced by the freight industry.

Freight 40

Freight Industrial Industry Supply Chain Planning Software 40

Kinaxis

DECEMBER 18, 2014

2 Air freight without the fuel costs. 5 One currency for every country. For example, what if Johnny is good this year? #2 And a big zero on the carbon footprint. #3 3 No capacity issues, no union, no vacation, no breaks… work is play and play is work for elves. #4 4 His forecast is always accurate. Let’s see that forecast! #5

Agile and Lean Supply Chain 275

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Planning Supply Chain 275

ToolsGroup

FEBRUARY 4, 2020

In a recent KPMG study, 69% of manufacturing CEOs say acting with agility is “the new currency of business; if we’re too slow, we will be bankrupt.” When demand changes faster than a company’s ability to respond, you can end up with the wrong SKU mix and locations, frequent internal inventory transfers and expedites with high freight costs.

Supply Chain Planning Software 232

Supply Chain Planning Software Supply Chain Planning Inventory Reduction Supply Chain Software 232

Enterra Insights

APRIL 18, 2024

” • Risk Management : “Expanding internationally exposes businesses to new risks, such as currency fluctuations, political instability, and natural disasters. 8] Staff, “ Reduced risk, regionalization become supply chain priorities, economics expert says ,” Freight Waves, 22 June 2023.

Global 130

Global Cost Reduction Strategies Expense Reduction Inventory Reduction 130

Logistics Viewpoints

DECEMBER 9, 2015

Soft market environment in Air and Ocean freight was one of the major reasons for decline in addition to the currency fluctuations. The 3PL market has declined significantly in the third quarter of 2015.

Currency 100

Currency Freight 3PL Analysis 100

Talking Logistics

MARCH 25, 2016

January 2016 North American Freight Numbers. freight by value with North American Free Trade Agreement (NAFTA) partners Canada and Mexico in January 2016 than in January 2015,” according to U.S. Here are some details from the press release: The total value of cross-border freight carried on all modes fell 7.7 in February.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Prescriptive Analytics Software Supply Chain Planning Software Predictive Analytics Software 100

Gravity Supply Chain

JANUARY 19, 2023

Cross-border trade requires careful coordination between multiple parties, including customs authorities, freight forwarders, shippers, and other third-party logistics providers (3PLs). Poor Cross Border Trading Another barrier that can slow down supply chains is related to importing goods from overseas suppliers.

Sourcing Strategies 52

Sourcing Strategies Supply Chain Planning Software Supply Chain Software Purchasing Skills 52

EMERGE App

MARCH 29, 2020

Apart from the cost price of the product, landed cost is made up of different charges like customs duties, currency conversion, insurance and other costs up to the destination store. Product cost. + Shipping : Costs associated with crating, packing, handling, and freight. which depend upon the nature of freight. per unit.

Purchasing Skills 98

Purchasing Skills Cost Reduction Strategies Price Reduction Expense Reduction 98

Supply Chain Game Changer

NOVEMBER 21, 2022

It’s up to you whether you want to freight by air or ship by sea, depending on how much time you need your goods to be in transit and how much you can afford. Freighting is a faster medium of shipping, but it’s way more expensive than shipping by sea, which is cheaper but takes a long time in transit. Exchange Rates.

Shipping 96

Shipping Supply Chain Planning Software Eliminating Excel in Purchasing Supply Chain Planning 96

TransAudit

MAY 16, 2022

How Long Has the Freight Audit Company Been In Business? The company’s ability to remain in business usually speaks to its proven ability to audit freight bills and recover lost profits. This is key because technology is the starting point for any freight bill or accounts payable recovery audit.

Rail Software 52

Rail Software Supply Chain Design Software Analytics Software Logistics Network Optimization Software 52

Intelligent Audit

SEPTEMBER 28, 2021

Aside from labor costs and freight payments , transportation and logistics management—including paying carriers and sending freight—can eat up budgets and add to fees. Freight audit and payment (FAP) service providers can assist with data collection and application regarding transportation spending.

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Supply Chain Design Software Transportation 52

The Network Effect

OCTOBER 30, 2015

The supplier will be responsible for all items listed for FCA above, inclusive of inland freight and any duties/fees payable for import until it reaches the destination. Their manufacturing customer will expect to pick up the freight at the supplier’s named domestic facility.

Automotive 100

Automotive Supply Chain Design Software Shipping Manufacturing Procurement 100

SCMDOJO

MARCH 28, 2023

One such technology that has had a significant impact on the financial industry is blockchain, which is the underlying technology of digital currency or cryptocurrency. This application eliminates redundant paperwork and provides real-time freight tracking. Blockchain technology can also ensure security, immutability, and authenticity.

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Software Supply Chain Network Software Supply Chain Design 111

Intelligent Audit

NOVEMBER 22, 2022

As Niall van de Wouw, Chief Air Freight Officer at Xeneta, told Supply Chain Dive, “We are six weeks away from Christmas, and there is no indication there will be a peak.”. Managing Freight & Parcel Spend is No Holiday Walk in the Park. Experts Predict Lower Congestion, Labor Woes for 2023. account holders by 7.9%. Roughly 2.5%

Turkey 52

Turkey Supply Chain Design Software Optimal Sourcing Price Reduction 52

Talking Logistics

JANUARY 26, 2015

I’m fairly conservative when it comes to banking (for example, I’m still not comfortable “depositing” checks using my smartphone ), so using a new digital currency, or “fake money” as my wife calls it, to buy stuff isn’t something that appeals to me, especially since bitcoin’s developer remains a mystery.

Supply Chain Network Software 100

Supply Chain Network Software Inventory Management Software Predictive Analytics Software Supply Chain Software 100

Talking Logistics

APRIL 30, 2014

We’ve seen, for example, instability in ocean freight, cost, and issues with [Los Angeles] ports in past years. Currency is stable and inflation is under control. . The carrier is only responsible for carrying your freight, unless you contracted them for insurance. Luckily for Mexico, the U.S. This] doesn’t exist in Mexico.

Mexico 167

Mexico Los Angeles Supply Chain China 167

Intelligent Audit

OCTOBER 20, 2020

The experts at FreightWaves narrow the nominees down to the top 100 performers for their ability to disrupt the market and innovate new solutions in freight. Intelligent Audit clients span the globe and operate in nearly every currency imaginable. Imagine how those values are going to impact companies’ freight spend—regardless of size.

Analytics Software 52

Analytics Software Resource Reduction Vendor Strategies Expense Reduction 52

GlobalTranz

JANUARY 22, 2018

Everyone seems interested in Blockchain technology in lieu of the crypto-currency craze. Manufacturers can also use Blockchain technology to track inbound freight, including raw materials used in the manufacturing process, explains Industry Week. Manufacturers Will Explore Blockchain in Greater Detail.

Manufacturing Procurement 199

Manufacturing Procurement Analytics Software Demand Planning Software Supply Chain Software 199

GlobalTranz

SEPTEMBER 5, 2018

Those accepting digital currencies, like Bitcoin, are already involved with blockchain, and TMS solutions that generate an ongoing ledger between parties, even 3PLs, may already have developed blockchain-based technologies that are within months, if not weeks, of launch dates.

Supply Chain Planning Software 198

Supply Chain Planning Software Analytics Software Supply Chain Network Software Demand Planning Software 198

EMERGE App

NOVEMBER 4, 2018

Here, landed cost includes the original price of the product, transport fees, customs, duties, taxes , insurance, currency conversion and handling fees. International Currencies & Taxes. Decent inventory management software should be able to handle multiple currencies without any issues. So crucial to this is landed costs.

Purchasing Skills 49

Purchasing Skills Negotiate Pricing Negotiating Skills Manufacturing Procurement 49

Freight Plus

DECEMBER 4, 2017

If you've been to a major freight or logistics conference in the past year or two you may have noticed the sessions shift from a focus on compliance and alliances to digitization, freight future-proofing, and technology. Given the sheer volume of transactions, currency exchanges, shipping documents, invoices, inventory controls, etc.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Currency Freight 40

GlobalTranz

AUGUST 14, 2018

This is an essential step in taking advantage of blockchain technologies, especially cryptocurrencies, which some consumers and supply chain partners will be using within the next few years as a primary currency. Analytics will be integral to using blockchain to small businesses to prove blockchain value.

Analytics Software 121

Analytics Software Supply Chain Software Supply Chain Planning Software Analytics 121

EMERGE App

NOVEMBER 4, 2018

Here, landed cost includes the original price of the product, transport fees, customs, duties, taxes , insurance, currency conversion and handling fees. International Currencies & Taxes. Decent inventory management software should be able to handle multiple currencies without any issues. So crucial to this is landed costs.

Purchasing Skills 40

Purchasing Skills Negotiate Pricing Negotiating Skills Manufacturing Procurement 40

Supply Chain Collaborator

JUNE 4, 2019

Originally designed to support crypto-currency transactions, the blockchain technology has enormous potential for applications managing supply chain activity. Blockchain tech can be used to provide “one version of the truth” with respect to freight movements, and other supply chain functions.

Supply Chain Design Software 74

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Predictive Analytics Software 74

QAD

JUNE 11, 2020

Registered airlines moved 885,277,991 mt-km of freight in 2015. And although the Rand has been a volatile currency in the world market, there are signs of improvement. South Africa also exports electricity to other southern African countries. South Africa has 407 airports, 130 of which have paved runways.

South Africa 112

South Africa Africa Saudi Arabia Manufacturing Procurement 112

QAD

JUNE 11, 2020

Registered airlines moved 885,277,991 mt-km of freight in 2015. And although the Rand has been a volatile currency in the world market, there are signs of improvement. South Africa also exports electricity to other southern African countries. South Africa has 407 airports, 130 of which have paved runways.

South Africa 112

South Africa Africa Saudi Arabia Manufacturing Procurement 112

CH Robinson Transportfolio

DECEMBER 12, 2017

What volume of freight do they handle? A versatile, non-asset based forwarder that can optimize your supply chain, offer a variety of service options, and provide freight consolidation can add efficiencies that can also save you money. First, how global are they? What services do they offer, and where do they offer them?

Negotiating Skills 34

Negotiating Skills Logistics Network Optimization Software Global San Francisco 34

Enterra Insights

OCTOBER 28, 2019

In particular, blockchain, a prolific technology that began as the underpinning for digital currencies, is proving useful in this regard.”[3] Products shipped via ocean freight are assigned a bill of lading, and many international trades are backed by a letter of credit to lower risk and inject liquidity.

Supply Chain Software 100

Supply Chain Software Demand Planning Software Modeling Software Manufacturing Procurement 100

Freightera

OCTOBER 25, 2022

Should Businesses Who Frequently Ship Freight Oppose Fewer Lanes on Motorways or Less Parking? Trucks are a necessity in freight shipping. Likewise, when it comes to transportation (where we can consider time currency) demand goes up when a new lane is added to a street or when a new motorway or highway is opened. . Not exactly!

Freight 37

Freight Shipping Currency Just-in-Time 37

GlobalTranz

JUNE 23, 2015

Transportation and freight costs are reduced. Currency exchange issues are reduced. Premium freight capacity improves. Twitter Facebook Google+ LinkedIn The post 31 Motivations for Reshoring Manufacturing & Updated Reshoring Stats appeared first on Freight Logistics Company | Cerasis. Supply chain risks are reduced.

Cost Reduction Strategies 120

Cost Reduction Strategies Expense Reduction Inventory Reduction Material Savings 120

Talking Logistics

APRIL 19, 2018

Still, if you had ocean freight in 2016, the memory of the bankruptcy of the Hanjin shipping line may linger in your mind. But let’s be smart about it and not get hung up on the latest buzzwords like crypto-currencies and blockchain. Remember the ghost of Hanjin past. The bankruptcy certainly put some shippers in a difficult spot.

Negotiating Skills 101

Negotiating Skills Shipping Price Reduction Cost Reduction Strategies 101

Talking Logistics

JUNE 30, 2016

Of course, bitcoin as it exists today also has the potential to transform freight audit and payment and other supply chain finance processes, especially for small suppliers and transportation providers. An asset owner could use a blockchain application to track the quantity and transfer of assets as they move between supply chain nodes.

Supply Chain Design Software 107

Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software Supply Chain Network Software 107

Enterra Insights

SEPTEMBER 3, 2019

blockchain-enabled] contracts could address current processes that are dependent on a lot of paperwork, letters of credit, escrow accounts, multiple currencies, and increasing governmental requirements around visibility into ports of origin, cargo contents, and general supply chain visibility.”[3]. Managing freight transportation.

Supply Chain Planning Software 100

Supply Chain Planning Software Gartner Supply Chain Software Supply Chain Planning 100

TMC

JUNE 16, 2016

These factors also are important when planning supply chains; a freight network that makes sense operationally may not be viable from a taxation perspective. Trade and tax regulations can shape supply chains. A regulatory change can introduce costs that make it necessary to re-configure a supply chain. A powerful ally.

Supply Chain Planning Software 48

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Optimization Global 48

Freightos

JANUARY 25, 2024

Freight is digitizing itself now at real scale. Crucially, the platform concept means that airlines don’t need to build one-off connections with each freight forwarder and that forwarders don’t need to update dozens of APIs a year. Q: What does it mean for the freight industry as a whole? The next stage is really 10,000,000.

Logistics Network Optimization Software 276

Logistics Network Optimization Software Negotiating Skills Optimization Software Buyer Training 276

DAT Solutions

DECEMBER 18, 2018

Get weekly updates on national freight trends. Donald Broughton shares his thoughts about "Opportunities and Threats in the New Freight Economy" at the 2018 DAT User Conference. Large swings in currency valuation and currency devaluations that threaten the political leadership of other countries. But unprecedented?

Currency 70

Currency Conference Freight Trends 70