Freightos

APRIL 25, 2024

Source: Freightos Air Index The Commercial and Ethical Impact Beyond the underlying costs, U.S. Both are exploring efforts that include shifting to ocean freight and establishing warehouses in the U.S., Eytan Buchman CMO, Freightos Group Eytan Buchman loves freight so much he shouts out container sizes while he walks around.

Cargo 165

Cargo Cost Reduction Strategies Price Reduction Material Savings 165

Supply Chain Matters

OCTOBER 19, 2023

Bloomberg, The Wall Street Journal and other industry specific media are reporting that Seattle based digital freight start-up services provider Convoy is preparing for a possible sale or other action. Both reports cite declining freight industry demand and increased competition among start-ups in this digital freight and logistics segment.

Logistics Network Optimization Software 59

Logistics Network Optimization Software Report Freight Demand Planning Software 59

The Logistics of Logistics

APRIL 26, 2022

Freight Truck Shortages Are Changing The Face Of Logistics. Original article: Freight Truck Shortages Are Changing The Face Of Logistics. It is one reason experts on logistics are following the autonomous freight truck market and new approaches to freight procurement closely. However, freight procurement is changing.

Logistics Network Optimization Software 147

Logistics Network Optimization Software Freight Logistics Predictive Analytics Software 147

The Logistics & Supply Chain Management Society

MAY 28, 2022

In these times of global turmoil, there are five (5) important megatrends shaping supply chain innovations in the coming years, namely in e-fulfillment, sourcing, food and agriculture, labour intensive operations, and halal supply chain management. From global to local and regional sourcing. Marco Tieman – CEO, LBB International.

Innovation 244

Innovation Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Software 244

GlobalTranz

SEPTEMBER 23, 2021

High freight volumes across all industries in the trucking market are expected to continue into 2022.? The added strain on resources is on track to force high freight volumes to continue well into the next year. Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. ? trillion.

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

ToolsGroup

JANUARY 6, 2022

We’re currently seeing a major paradigm shift away from mass manufacturing with long lead times being replaced by onshore and nearshore supply chains that are capable of manufacturing, distributing and fulfilling orders on-demand without the friction of ocean freight, labor shortages, and other bottlenecks.” – Alex Phelan, CEO, Merchadise.

Supply Chain Planning Software 290

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 290

Intelligent Audit

MAY 23, 2022

On March 14, 2022, McKinsey and Company proposed four future recovery scenarios, summarizing that, “Container freight rates will remain elevated throughout most of 2022 while the containerized logistics disruption persists.” What Are Freight Costs in Accounting? Common Challenges of Freight Accounting.

Optimal Sourcing 52

Optimal Sourcing Network Optimization Software Freight Logistics Network Optimization Software 52

Unleashed

JUNE 27, 2023

One wrong decision and freight costs can skyrocket, greatly impacting your profit margins. If you’re sending goods internationally, third-party freight forwarding services offer a frictionless solution. Here we explore what freight forwarders do, the benefits and risks of working with one, and how the freight forwarding process works.

Negotiating Skills 52

Negotiating Skills Freight Optimal Sourcing 3PL 52

Logistics Viewpoints

MARCH 24, 2021

In the article, he wrote about Amazon Relay, the acquisition of Whole Foods, Amazon the carrier, and the expansion of its warehousing capabilities. And the company’s operations and technology have evolved over the last three years, with a focus on its trucking, warehousing, and air capabilities. Amazon Warehousing.

Supply Chain Planning Software 165

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Innovation 165

Supply Chain Matters

OCTOBER 12, 2022

According to the September report , growth is increasing for inventory levels, inventory and warehousing costs. Contraction trending was noted for warehousing capacity and transportation costs including an observation that inventory is being consumed at a much slower rate than observed over the last two years. for September.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

Logistics Viewpoints

MAY 27, 2022

Amazon Aims to Sublet, End Warehouse Leases as Online Sales Cool. North American Transborder Freight up 23.8% The more cautious outlook is driven by wage and inflationary pressures, as well as increased freight costs. The US Department of Transportation reported that transborder freight between the U.S. billion, up 23.8%

Logistics Network Optimization Software 251

Logistics Network Optimization Software Supply Chain Network Software Real Estate Forecasting Software 251

Intelligent Audit

MARCH 10, 2022

Freight invoice audit services can make a huge difference in recovery for shipping and transportation companies of all sizes, especially as disruption continues. freight invoice audit data hinges on ensuring all documentations are accurate. Freight Class. Bill of Lading. Fuel Surcharges. Through Rates.

Freight 52

Freight Negotiating Skills Shipping Analytics Software 52

Stord

APRIL 7, 2019

Rail freight volumes continued to fall at the end of March alongside service outages due to flooding in the Midwest. These two ports will continue to research the feasibility of lower emissions from freight and equipment going forward. Delta reported a dip in air cargo freight last month compared to March of 2018.

Warehousing 60

Warehousing Kansas City Los Angeles New York City 60

Talking Logistics

NOVEMBER 15, 2016

Freight Audit may not be the sexiest aspect of transportation management, but that doesn’t mean it doesn’t play a critical role in helping companies effectively manage and control their transportation spend, as well as provide valuable insight to drive continuous improvement.

Freight 0

Freight Analytics Software Procurement Analytics Sourcing Strategies 0

PINC

AUGUST 28, 2020

Here’s more from the press release: Distribution centers, warehouses, and manufacturing plants are looking to improve gate velocity, optimize driver turnaround times, and reduce costs while becoming Shippers-of-Choice. Benefits include improved warehouse efficiency (e.g.,

Real-time Visibility 130

Real-time Visibility Logistics Network Optimization Software Optimal Sourcing Optimization Software 130

Supply Chain Matters

MAY 20, 2022

These large-scale nationwide carriers have been investing in more modern technology that either improves overall efficiency of rolling assets but also integrates information and transactional flows with customer transportation management, logistics and warehouse management systems.

Sourcing Strategies 97

Sourcing Strategies Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software 97

Supply Chain Game Changer

MAY 19, 2022

Consumers have high expectations for order fulfillment, shipping, and delivery, and LTL can use small freight to meet these expectations. Road freight may be too complex, time-consuming, or expensive with the current challenges in the supply chain. For example, rail freight is slower but often more cost-effective than land freight.

Negotiating Skills 95

Negotiating Skills Purchasing Skills Cargo Negotiate Pricing 95

Ware2Go

MAY 4, 2023

Drayage is a critical step in supply chain management to get product from freight to parcel. Drayage is the movement of a shipping container from a cargo import location, such as a port, to an end location (typically a warehouse ). What Is Drayage? However, global shipping creates the threat of gaps in inventory and shipping delays.

Cost Reduction Strategies 52

Cost Reduction Strategies Optimal Sourcing Expense Reduction Inventory Reduction 52

The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

IDC expects spending on Digital Transformation (DX) on the top 5 use cases – smart warehousing, freight management, optimized operations, supplier network management, and predictive network inventory orchestration – to hit USD $33Bn in 2022. Source: 2021 FUTURE ENTERPRISE RESILIENCY & SPENDING- Wave 9, September 2021.

Predictive Analytics Software 246

Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 246

Ware2Go

OCTOBER 27, 2021

Learn how freight consolidation can help boost profitability and maximize supply chain performance to help SMB’s navigate 2021’s supply chain challenges. Supply chain delays have disproportionately affected small-and-medium-businesses (SMBs), leading more to consider adding freight consolidation to their fulfillment strategy.

Expense Reduction 52

Expense Reduction Price Reduction Inventory Reduction Cost Reduction Strategies 52

Talking Logistics

AUGUST 13, 2018

Companies across all industries are dealing with rising transportation costs and a key question many CEOs, CFOs, and supply chain executives are asking is, “What can we do to better manage and control our freight spend in today’s market?” Rising Freight Spend . So, what can you do outside that cycle?”. Data-driven Optimization.

Negotiating Skills 103

Negotiating Skills Optimal Sourcing Optimization Software Price Mitigation Strategies 103

GlobalTranz

APRIL 6, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. Orchestrating the efforts of suppliers, manufacturers, truck drivers, warehouses, retail employees, and other critical links in the supply chain was no small feat.

Supply Chain Planning Software 189

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 189

Supply Chain Game Changer

JULY 30, 2019

In business it is not uncommon to hear the words “Logistics Management” and “Freight Management” thrown around interchangeably. What is Freight Management? Freight management combines logistics experience, human resources and knowledge to ensure a smooth coordination between carriers and shippers.”

Negotiating Skills 72

Negotiating Skills Optimal Sourcing Freight Logistics Network Optimization Software 72

Supply Chain Matters

APRIL 7, 2023

freight rates have reached their lowest levels in nearly six years. In essence, it is confirmation of a freight recession condition. Freight Rates Reach Six Year Low Milestone first appeared on The Ferrari Consulting and Research Group / Supply Chain Management. percentage points below the February value of 54.7,

Freight 52

Freight Manufacturing Procurement Supply and Demand Nevada 52

6 River Systems

FEBRUARY 22, 2019

Every warehouse strives for efficient order fulfillment. There are many factors that can impact costs, from warehouse replenishment practices to the warehouse equipment deployed to support the fulfillment process. ” Meet Our Panel of Warehouse Pros: Nate Masterson. Dave Masterson. Nate Masterson. MapleHolistics.

Cost Reduction Strategies 56

Cost Reduction Strategies Inventory Reduction Material Savings Warehousing 56

The Logistics & Supply Chain Management Society

APRIL 19, 2023

– How Logistics is Harnessing the Power of the Sun by Timothy Foote , Founder of Susymbio We all know that our sun’s power is the main energy source for life on Earth. In addition to saving on electricity used in warehousing activities, the electricity in some cases can even be sold back to the grid.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Expense Reduction Supply Chain Software Logistics 130

Enterra Insights

JUNE 28, 2023

That includes packaging, warehousing, shipping, and more. The third-party logistics (3PL) industry — those that help businesses efficiently manage logistics across their supply chains (from 3PLs to truckers to warehouse managers) — represents an $800 billion industry on its own.” Logistics can help reduce costs. 4] Scott G.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Logistics Supply Chain Design Software 130

SCMDOJO

APRIL 9, 2024

Massive amounts of data can be gathered in an instant via IoT or other digital technologies like GPS, RFID, warehouse management systems (WMS), blockchain technology, and more. It is predicted that this, along with automated warehousing systems and self-driving vehicles, will further reshape the logistics landscape as we know it today.

Supply Chain Design Software 76

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

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

In Malaysia, CEVA Logistics worked closely with L’Oréal , a major producer of luxury and consumer products, to develop a social initiative of providing jobs for the hearing impaired at our warehouse since June 2020. We also look to reduce or eliminate the use of plastic packaging. Photo Credit: United Airlines.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

ToolsGroup

APRIL 1, 2022

Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. Image source: Financial Times.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Unleashed

JANUARY 16, 2023

Business growth is often stunted by tedious mundane tasks like hiring and training staff, sourcing vendors and carriers, and dealing with customer returns. Warehousing costs are rising. 3PL warehouses, however, often have higher order values through their retail partners which justifies the price. Cut storage costs.

Third Party Logistics 98

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

Supply Chain Game Changer

DECEMBER 6, 2018

When it comes to the state of working in America, warehouses have seen a huge increase of workers with over 1,000,000 total since the start of 2018. Warehouses, often full of moving machinery carrying heavy loads, are inherently one of the most dangerous places to work. Safe warehouse processes aren’t just the responsible bar to set.

Warehousing 65

Warehousing Buyer Training Purchasing Training Material Savings 65

Logistics Viewpoints

SEPTEMBER 28, 2021

Real-time transportation visibility platforms tell shippers and their broker/carrier partners where their freight is at any point on its journey. And what is sitting in the warehouse. And for our global supply chains, that transformation cannot happen fast enough. We should know how much product is sitting in the port of origin.

Rail Software 188

Rail Software Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 188

Cathy Roberson

SEPTEMBER 7, 2021

Expanding and shifting sourcing Earlier this year, a number of retailers told analysts that they had expanded their sourcing partners to diversify inventories and mitigate risks. Floor & Decor is one of the latest retailers to diversify its countries of origin by moving a large portion of sourcing out of China.

Inventory Reduction 92

Inventory Reduction Inventory Sourcing Strategies Retail 92

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Should supply chain delays occur, companies can more easily identify the source of bottlenecks and take action to improve processes. A variety of other technologies, such as robots and advanced warehouse management systems, leverage Artificial Intelligence (AI) and Machine Learning (ML) for data-driven decision-making.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

6 River Systems

DECEMBER 13, 2019

Optimizing your warehouse means examining every corner of your infrastructure and every facet of your workflows and processes to identify and correct inefficiencies. Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery.

Optimal Sourcing 81

Optimal Sourcing Optimization Software Price Mitigation Strategies Modeling 81

GlobalTranz

APRIL 30, 2021

CVSA-certified inspectors will commit a blitz of inspections across North America, creating a sudden strain on resources for both domestic and cross-border freight. The best way to avoid disruption is to source and have readily available resources to expand capacity at a moment’s notice. What Can Shippers Do About the Safety Blitz.

Resource Reduction 297

Resource Reduction Waste Reduction Capacity Supply Chain Design Software 297