Logistics Viewpoints

JANUARY 23, 2024

The company can connect all aspects of the execution process, including labor cost and capacity, warehouse capacity, and shipping, and then integrating all of this data into their data cloud platform for a holistic view of OMS, TMS, and WMS. The ongoing issues in the Red Sea are wreaking havoc on ocean shipping.

Supply Chain Planning Software 209

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 209

RFgen

APRIL 18, 2023

Shipping accuracy is an important aspect of any business that relies on delivering products to customers. Your ability to ship accurate orders to the right destination directly impacts profitability. Misships, or incorrectly shipped items, can lead to customer dissatisfaction, increased costs, and damage to your brand.

Optimization Software 52

Optimization Software Supply Chain Planning Software Inventory Management Software Supply Chain Software 52

Precoro

OCTOBER 10, 2022

Keep reading to learn in detail about the top 13 most crucial procurement metrics, how to track them, and what to focus on to drive the most value to your company. This metric helps the procurement department reduce future costs and prevent price increases due to inflation or other economic factors. Cost Avoidance. Supplier Lead Time.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

Unleashed

APRIL 21, 2024

Once confirmed, the ordered items are picked from your inventory, sorted, packed, and shipped to the customer. Picking and packing : Items are collected from their storage location, packed, and prepared for shipping. Shipping: The order is handed over to a delivery service.

Inventory Management Software 52

Inventory Management Software Analytics Software Supply Chain Design Software Demand Planning Software 52

Precoro

NOVEMBER 13, 2023

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes.

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

Intelligent Audit

NOVEMBER 17, 2020

Shippers should expect a surge in shipping volumes and tight capacity due to a historic rise in e-commerce transactions. These factors are driving shipping costs higher and shippers need to prepare. According to Supply Chain Dive , shipping “prices have fluctuated wildly. The costs of limited shipping data are high.

Cost Reduction Strategies 52

Cost Reduction Strategies Prescriptive Analytics Software Shipping Resource Reduction 52

OptiProERP

APRIL 9, 2024

Shipping and Logistics Once products pass quality checks, they are prepared for shipping. Integration with shipping carriers and real-time tracking systems enables transparency and accountability throughout the supply chain. Document processes and provide training to employees to ensure compliance and proficiency.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 52

Kinaxis

SEPTEMBER 6, 2016

by Dr. Madhav Durbha Supply chain risks in the spotlight: Effects of Hanjin Shipping filing bankruptcy protection. A few days ago, the world’s seventh largest container shipping company by volume, Hanjin Shipping, filed for bankruptcy protection. Any such event will cause congestion in the ports.

Supply Chain Planning Software 100

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Shipping 100

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

However, generative AI can extract insights from documents like waybills, quality reports, and customer feedback and feed it into AI models to optimize various aspects of the supply chain based on historical supply chain data. Furthermore, generative AI can generate text, images, and code, potentially speeding up administrative tasks.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

3PL Insights

OCTOBER 24, 2017

For every crate, the journey from shelf to shipping is adjusted and configured through an algorithm. The robots are typically connected to a Robotic Management System (RMS) that integrates data regarding product—what’s high in demand, what needs to be picked and shipped quickly.

Warehousing 112

Warehousing Inventory Reduction Predictive Analytics Software Supply Chain Software 112

Supply Chain Game Changer

NOVEMBER 3, 2022

This tool allows you to exchange electronic documents like orders, invoices, and shipping notices via an electronic data network (EDN). For example, if you want to improve customer satisfaction in the supply chain, you could use data analytics to track and measure key metrics like delivery time or order accuracy rates.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Software Negotiate Pricing Negotiating Skills 115

crisp

DECEMBER 15, 2021

Work backwards from the desired outcome to see what steps happen leading up to it, documenting the data points available to measure progress along the way. These ‘ driver metrics ’ can give you an early signal to act on before your outcome is impacted. Is the warehouse shipping goods on time?

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

SCMDOJO

MARCH 19, 2024

Analyze performance metrics and implement improvements to enhance efficiency. To run the department, a supply chain manager needs certain supply chain metrics and KPIs to improve performance. Import / Export Lead Overseeing import/export operations, including documentation, customs compliance, and shipping arrangements.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Supply Chain Shaman

MARCH 5, 2019

I was at a customer last week that shipped to distributors and did not know the site of customer facilities. The focus is on functional metrics, but are unable to get to overall supply chain metrics. Pictures, images, text, email, sentiment, contracts, documents are all areas of opportunity. 3) Granularity. Master data.

Supply Chain Design Software 282

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 282

ShipBob

JANUARY 6, 2023

Share compliance information and documentation. Report on important performance metrics. Documentation management. The transportation process can be extremely document-heavy, often requiring multiple documents, forms, and compliance information. Forecast and plan transportation needs. Tracking and visibility.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Supply Chain Network Software Forecasting Software 52

SupplyPike

APRIL 1, 2020

Walmart suppliers are no longer graded on a single OTIF metric, though it is still tracked and available. Rather, you must meet each OTIF-related metric to avoid fines. Prepaid orders are shipped by you. You fail to schedule a delivery appointment ahead of time and Walmart will not document an Arrival Gate Timestamp.

DC 58

DC Procurement Analytics Metrics Procurement Solutions 58

GlobalTranz

APRIL 12, 2017

Unlike the heart, however, your routing guide needs to be continually updated to reflect the most relevant changes in carrier preferences, stipulations for compliance violations and detailed instructions on how to handle different shipping circumstances. Make It Verifiable, and Use Cross-Checking Matrices. Distribute It.

Vendor Strategies 121

Vendor Strategies Cost Reduction Strategies Price Reduction Modeling Software 121

Pivot88

JULY 13, 2022

Incurred costs of shipping goods back to the point of origin. Well, for example, the CBP has published guidance for importers which outlines the following as requirements: Document Reconciliation & Transaction History. Collecting this documentation can be a substantial drain on resources – but we’re here to help!

Procurement Analytics 52

Procurement Analytics Purchasing Training Retail Purchasing Skills 52

SupplyPike

APRIL 10, 2020

Suppliers are also seeing issues with shipping companies being overwhelmed. Make sure you communicate with your carriers and be sure they can ship your orders out by the time your buyer needs them. Supply chain visibility is crucial during this time, and as such, paper documents are out. Other considerations.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 98

The Logistics of Logistics

FEBRUARY 15, 2013

During the post Implementation phase, a top notch 3PL will provide communication on the following: shipment management, documentation, rolling out new initiatives, new services and ongoing training. White Paper: The Essential Guide to LTL Shipping Improvement: Action Plan and Metrics for Rapid Transformation.

KPI 189

KPI Logistics Network Optimization Software 3PL Continuous Improvement 189

Unleashed

AUGUST 23, 2023

This means creating efficient systems and workflows, including the handling, storage, and shipping of goods into the warehouse and out to the customer. A common way to design a warehouse is by creating a U-shape, where products are received at one end of the U, stored at the bottom of the U, and shipped for delivery at the other end.

Warehousing 52

Warehousing Logistics Network Optimization Software Supply Chain Design Software Inventory Management Software 52

Locus

APRIL 13, 2023

This intelligent and flexible shipping solution helps businesses maintain consistent branded tracking and delivery experience while delivering with third-party carriers. ClickPost also helps businesses manage shipping-related challenges in e-commerce logistics.

Logistics Network Optimization Software 52

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

Unleashed

MARCH 5, 2024

Automation has many uses in eCommerce, including for: Supply chain management Inventory management Order processing Shipping Customer service Email marketing Advertising Benefits of eCommerce automation The main benefits of eCommerce automation are that it saves you time and money, improves data accuracy, and lifts productivity.

Supply Chain Software 52

Supply Chain Software Procurement Solutions Examples Inventory Management Software 52

The Logistics of Logistics

DECEMBER 19, 2020

Tech is the Game Changer for Truckload Shipping Communication with Mitch Violett. In his role as Principal Product Manager at Convoy, Mitch develops solutions that streamline the shipping process and improve communication. Key Takeaways: Tech is the Game Changer for Truckload Shipping Communication. About Mitch Violett.

Shipping 130

Shipping Waste Reduction Negotiating Skills Montana 130

GlobalTranz

OCTOBER 21, 2015

It can take months to negotiate a complex SLA/KPI document, as you go back and forth with your logistics provider so the document becomes a “win-win” for both parties. All KPIS have metrics to measure. The more KPIs, the more difficult the negotiation process. Effective KPI Management Requires Periodic SLA/KPI Review.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Unleashed

JANUARY 4, 2024

Dropshippers Dropshipping is an order fulfilment method whereby the supplier ships goods directly to your customers – allowing you to operate your business without holding any physical inventory. While dropshipping can massively reduce your operating and shipping costs, it comes with greater risks than other product sourcing methods.

Purchasing Skills 52

Purchasing Skills Manufacturing Procurement Optimal Sourcing Sourcing Strategies 52

Turvo

JULY 27, 2021

Of all the components that make up the modern supply logistics and shipping network, the one that can significantly impact operational efficiency is visibility into the supply chain. These metrics are closely followed by training data scientists (21%), returns management (21%), and data interchange technology (17.7%).

Real-time Visibility 90

Real-time Visibility Supply Chain Software Supply Chain Network Software Analytics Software 90

Unleashed

MARCH 31, 2021

When we refer to the ‘supply chain’, we’re referring to the network of suppliers, manufacturers, producers, shipping companies and more who, when combined, produce, ship and sell products and services to end-users. A lean business looking to build efficiencies would do well to try and improve this metric. What is logistics?

Supply Chain Planning Software 69

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 69

Unleashed

JANUARY 16, 2023

3PL providers are experts when it comes to shipping and logistics. There are supply chain management, shipping documentation, and accounting duties to worry about. The 3PL provider picks, packs, and ships the products to the customer. Enquire about shipping times when procuring 3PL providers.

Third Party Logistics 98

Third Party Logistics Logistics Network Optimization Software 3PL Inventory Management Software 98

ShipBob

NOVEMBER 6, 2023

Cutoff analysis Cutoff analysis is when you pause operations such as receiving and shipping at the time of the physical count to ensure nothing is being handled and goes unaccounted for. This documentation accounts for any units that are in transit and also in case anything is lost or damaged in transit.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

Zipline Logistics

JUNE 30, 2020

These are a la carte, or per service, and outside of standard shipping and receiving. Bill of Lading (BOL) — A legally binding document between a shipper and carrier that details all the information needed to process a freight shipment. Consignor — The originator of shipped products. Also referred to as the shipper.

Supply Chain Planning Software 52

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

Precoro

FEBRUARY 12, 2024

There’s a toolkit of metrics to help the treasury department understand the level of liquidity. Moreover, for companies that resell goods and don’t have a lot of space available to store large amounts, it might be possible to take a drop-shipping approach. How do companies assess liquidity?

Optimal Sourcing 102

Optimal Sourcing Expense Reduction Inventory Reduction Negotiating Skills 102

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

Material Handling & Logistics

OCTOBER 11, 2017

But it only takes a ship two weeks to travel from China to Australia [where I live], so what is happening for the other 10 weeks?” The time to ship the goods from your supplier on the other side of the world to you is usually only a fraction of the total lead time. For example, to ship goods from China to the U.S. I asked her.

Agile and Lean Supply Chain 83

Agile and Lean Supply Chain Lean Inventory Reduction Price Reduction 83

Talking Logistics

AUGUST 17, 2018

Here are the ones that caught my attention: Maersk and IBM Introduce TradeLens Blockchain Shipping Solution. This is self-contradictory,” said Jansen at the [Global Liner Shipping Conference]. Back at work, getting caught up on all of the supply chain and logistics news from the past two weeks.

Logistics Network Optimization Software 101

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Network Software Modeling Software 101

BlueYonder

JUNE 26, 2020

Department of Energy calculated that CO2 emissions from transportation surpassed two billion metric tons ; it’s hard to imagine what that number looks like today. Recent studies have shown that transportation is the single largest source of greenhouse gas emissions in the United States. In 2007, the U.S.

Waste Reduction 98

Waste Reduction Cost Reduction Strategies Sustainability Logistics Network Optimization Software 98

Intelligent Audit

JULY 19, 2022

When a shipment has an overage, there are more items than documented, whereas a shortage explains there are fewer items than intended. However, all shipping specialists should bolster their OSD report processes to understand their OSD risks. Categories Ping According to Causes or Other Metrics. The OSD meaning can be confusing.

Report 52

Report Supply Chain Planning Software Predictive Analytics Software Supply Chain Software 52