The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Inventory Management. Regardless of how efficient and effective, all supply chains carry inventory. The bullwhip effect refers to increasing swings in inventory in response to shifts in customer demand as one moves further up the supply chain. Freight Management. Contract Review.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Supply Chain Shaman

APRIL 15, 2020

As I watch the news and work on client documents in my quarantine, I try to manage my emotions. Border crossings will be tough, and the infrastructure for the ocean and air freight tumultuous. Instead, use demand sensing technologies to detect patterns with minimal latency into inventory requirements. Evaluate Inventory.

Supply Chain Planning Software 427

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 427

Logistics Viewpoints

SEPTEMBER 8, 2021

FourKites , a global leader in real-time supply chain visibility, recently launched its Dynamic Ocean SM platform for visibility, rate, and documentation management. The platform also takes into consideration questions such as, “If I use a freight forwarder, is it still my shipment or is it under a different contract?”

Rail Software 199

Rail Software Real-time Visibility Predictive Analytics Software Supply Chain Network Software 199

GlobalTranz

FEBRUARY 18, 2022

As a result, many shippers are revising their strategy from just-in-time inventory to just-in-case based on the hard lessons of the past two years. In colder months, Protect From Freeze services could add cost to your rate and time to your transit, as carriers attempt to reroute equipment to protect freight from extreme temperatures.

Trends 227

Trends Resource Reduction Cost Reduction Strategies Inventory Reduction 227

Supply Chain Game Changer

APRIL 29, 2020

Do You Have Hidden Freight Costs? Ocean freight article and permission to publish here provided by Katherine Barrios at xeneta.com. Freight forwarders and shippers/BCO s are on a constant quest to have a better understanding of their ocean freight costs and ultimately have larger margins. Email Address. Plan effectively.

Negotiating Skills 69

Negotiating Skills Cost Reduction Strategies Optimal Sourcing Freight 69

Logistics Viewpoints

MARCH 2, 2023

Freight rates have plummeted, brokerages are struggling, and the industry is still bloated with excess inventory. With the right data you can reduce your overall transportation costs, both accessorial costs and overall freight spend. Closer to home for supply chain professionals, driver shortages continue to plague the industry.

Waste Reduction 197

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 197

3rdwave

NOVEMBER 29, 2018

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. While global freight cost varies significantly by industry and transportation mode, it is a major cost component of internationally sourced products.

Optimal Sourcing 88

Optimal Sourcing Global Transportation Negotiating Skills Supply Chain Optimization 88

Veridian Solutions

FEBRUARY 26, 2020

Supply chain leaders often interchangeably refer to both a warehouse management system and an inventory management system as one and the same. Challenges of Limited Inventory Management Capabilities. The challenges of inventory management without using a dedicated, standardized system are significant.

Inventory Management Software 64

Inventory Management Software Supply Chain Planning Software Forecasting Software Demand Planning Software 64

Logistics Viewpoints

AUGUST 14, 2023

First, even if fines are not applied, goods moving across borders with incorrect documentation can be held up at the border. Companies who have experienced these delays often add inventory across their network to buffer the risk. A TMS helps companies move freight from origin to destination efficiently, reliably, and cost-effectively.

Global 176

Global Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies 176

3GTMS

AUGUST 15, 2022

One way to do this is by leveraging 3PL freight software. It’s likely that if you need to move freight, you’re going to need a 3PL. Third-party logistics providers consolidate inventory, organize shipping documents, and manage the transportation of freight […].

3PL 130

3PL Logistics Network Optimization Software Freight Software 130

Arkieva

AUGUST 8, 2016

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. Sustainable Freight Action Plan for California is estimated to Improve Freight Efficiency by 25% in 2030.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Supply Chain Planning Software California 60

Silvon Software

JULY 22, 2022

Working with three core ratios – the days of inventory, days of payables and days of receivables, the cash-to-cash time cycle KPI visualizes the period required between the moment a company pays its suppliers and the moment it receives cash from its customers. Inventory KPIs and Metrics for Managing Supply Chain Performance.

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post is part of a , series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally. Key Features: Basic Auditing.

Supply Chain Software 148

Supply Chain Software Resource Reduction Waste Reduction Cost Reduction Strategies 148

ShipBob

MARCH 28, 2024

This method is key for businesses looking to manage inventory flexibly and save on upfront costs. Strategic inventory management Utilizing in-bond shipments and bonded warehouses allows businesses to optimize their inventory management. This enhanced visibility allows for better decision-making and more accurate forecasting.

Inventory Reduction 52

Inventory Reduction Supply Chain Design Software Inventory Management Software Cost Reduction Strategies 52

GlobalTranz

DECEMBER 11, 2014

Then we will cover in subsequent posts what are the benefits of using EDI in transportation along with a transportation management system, we will debunk a few myths, and then we will end the series by highlighting how a shipper at Cerasis used EDI to reduce freight expenditures and resources. What is Electronic Data Interchange?

Electronics 262

Electronics Transportation Data Resource Reduction 262

Logistics Viewpoints

JANUARY 11, 2023

Inventory Management in a High Inflation Environment ; Clint Reiser. Instead, they are likely to carry higher levels of inventory as a lower cost alternative to minimizing disruptions. Beware the Swinging Pendulum on Supply Chain Inventory Practices ; Polly-Mitchell Guthrie ( Kinaxis ). Steve Banker and Chris Cunnane.

Logistics Network Optimization Software 216

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 216

Precoro

MAY 19, 2023

In this article, we are covering key metrics, divided into the following categories based on the supply chain step they refer to: Inventory Logistics Customer order fulfillment Quality Inventory Metrics A company’s inventory encompasses raw materials used for production, as well as the produced goods available for sale.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

ShipBob

JULY 28, 2023

A shipping manifest is a detailed, legally required document that accompanies goods transported by ship (although one may also be required for other modes of transportation such as air, ground, etc). Cargo A cargo shipping manifest is a detailed document that itemizes all the goods being shipped on a container or cargo ship.

Shipping 52

Shipping Cargo Material Savings Third Party Logistics 52

20Cube Logistics

MARCH 28, 2021

It is a key shipping document for international trade that provides a list of items that are shipped from supplier to the final customer. Document number. Manifest is not a legal document but is created for record purpose for seller, transporter and ecommerce website. Measurement. Origin and destination.

Shipping 52

Shipping Cargo Freight Logistics 52

NC State SCRC

DECEMBER 4, 2017

He shares some interesting information about freight forwarding, that anyone in logistics should be aware of. Freight forwarding is one of the most widely used methods of international transport for both business and personal use. What is a freight forwarder? Freight forwarders provide a range of services.

Negotiating Skills 45

Negotiating Skills Freight Cargo Logistics Network Optimization Software 45

GlobalTranz

APRIL 21, 2017

Integration Enhances Inventory Control Through Better End-to-End Visibility. In fact, the Cerasis Rater can identify instances of overbilling and overpayment, request appropriate refunds and catalog weekly freight payments due in a simple, easy-to-read report. Transportation Management System ROI: What Other Business Areas Can Benefit?

Transportation Management 161

Transportation Management Supply Chain Planning Software Analytics Software Vendor Strategies 161

SCMDOJO

JULY 24, 2023

It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider. By leveraging their capabilities, businesses can reduce transportation costs, optimize inventory levels, and minimize warehousing expenses.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

Stord

AUGUST 5, 2020

August 6, 2020 Stord is thrilled to announce our partnership with the Environmental Protection Agency as a SmartWay Logistics Company , just a few months since expanding our freight capabilities. Freight transportation is the culprit that makes up a vast majority of air pollutants and emissions in the US.

Waste Reduction 78

Waste Reduction Supply Chain Design Software Inventory Reduction Cost Reduction Strategies 78

SYSPRO Smarter ERP

JUNE 22, 2022

Things like inaccurate inventory data, redundant processes and mis-picks all waste time. For example: Your inventory manager likely wants better accuracy of the quantity and location of inventory. Shipping (printing documents, knowing weight/volume to obtain freight quotes, etc.). Step 3: Develop a plan for ERP.

Warehousing 98

Warehousing Supply Chain Planning Software Inventory Reduction Supply Chain Design Software 98

SYSPRO Smarter ERP

JUNE 22, 2022

Things like inaccurate inventory data, redundant processes and mis-picks all waste time. For example: Your inventory manager likely wants better accuracy of the quantity and location of inventory. Shipping (printing documents, knowing weight/volume to obtain freight quotes, etc.). Step 3: Develop a plan for ERP.

Warehousing 97

Warehousing Supply Chain Planning Software Inventory Reduction Supply Chain Design Software 97

3rdwave

NOVEMBER 29, 2018

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. While global freight cost varies significantly by industry and transportation mode, it is a major cost component of internationally sourced products.

Optimal Sourcing 40

Optimal Sourcing Global Transportation Negotiating Skills Supply Chain Optimization 40

PINC

OCTOBER 8, 2020

Combining powerful execution functionalities such as electronic documentation, analytics, billing, rating and carrier management with real-time visibility, the platform is well-positioned to solve multiple transportation challenges in the supply chain industry. For more details, visit railcarrx.com.

Rail Software 147

Rail Software Logistics Network Optimization Software Analytics Software Optimization Software 147

ShipBob

DECEMBER 9, 2022

The best way to avoid major shipping issues is to make sure that your packages go out with all the necessary documents. So what documents do you need to include? Read on to learn all about the most common shipping documents for domestic, international, and hazardous shipping. That’s exactly what you’ll find out in this guide.

Shipping 52

Shipping Buyer Training Purchasing Skills Negotiating Skills 52

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post is part of a , series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally. Key Features: Basic Auditing.

Supply Chain Software 78

Supply Chain Software Resource Reduction Waste Reduction Cost Reduction Strategies 78

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post is part of a , series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally. Key Features: Basic Auditing.

Supply Chain Software 78

Supply Chain Software Resource Reduction Waste Reduction Cost Reduction Strategies 78

GlobalTranz

APRIL 7, 2017

In addition, you can use an inbound logistics program to reduce higher-cost shipments through freight consolidation and backhaul shipping, opening the door to even lower rates than you have previously negotiated with your carrier. Better Visibility Leads to Effective, More Accurate Inventory Management.

Vendor Strategies 139

Vendor Strategies Cost Reduction Strategies Inventory Reduction Resource Reduction 139

Shipsy

MAY 16, 2021

Bill of lading or BOL is a document, given by the carrier, which includes basic info about the shipment. It is a transport document issued by a carrier or freight forwarder. It is a system that looks after inventories, order fulfillment, and transportation. A place used to store the inventories. AWB- Air waybill.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Global Logistics Supply Chain Design Software 52

The Network Effect

AUGUST 21, 2015

In my last four posts, I talked about order aggregation , new inventory replenishment policies , why a network model makes so much sense , and the all important ASN. All supplier shipments must be accompanied by appropriate documentation. Thus process outputs related to documentation must be error free.

Automotive 100

Automotive Optimal Sourcing Logistics Network Optimization Software Supply Chain Optimization 100

Unleashed

OCTOBER 4, 2023

Some of the main steps involved in the order fulfilment process include: Inventory management Picking and packing Tracking and communication Shipping and delivery Customer service Returns management Fulfilment costs can represent up to 30% of an eCommerce company’s total operating expenses. It also ensures that resources are used efficiently.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

GlobalTranz

MARCH 6, 2017

Mobile phones can offer incredible services in any business from inventory tracking and shipments to the execution of procurement transactions. It is an advanced barcode scanner that is capable of extending bar code scanning to technology savvy inventory manager. This optimization tool for inventories is cloud based.

Logistics Network Optimization Software 151

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Optimization Software 151

QAD

AUGUST 16, 2022

Continued fallout, including transport congestion, limited air freight and rail freight transportation in the Asia-Europe lanes, because of the Russia/Ukraine conflict. QAD Demand and Delivery achieves improved visibility and collaboration on inventory, schedules, orders, shipments, invoices and replenishment requirements.

Optimal Sourcing 94

Optimal Sourcing Supply Chain Software Manufacturing Procurement Supply Chain Design Software 94

3PL Insights

APRIL 7, 2023

Freight forwarders play an essential role in this process by facilitating shipments. What are Freight Forwarders? Freight forwarders organize the entire shipping process from pickup, to storage, to delivery. It is the freight forwarder’s job to find the most efficient and cost-effective route for the shipper.

Freight 52

Freight Third Party Logistics Network Optimization Supply Chain Network Software 52