Freightos

FEBRUARY 28, 2024

Most recently, the recent disruptions in the Red Sea that saw ocean freight rates from China to Europe by over 190% and saw transit times lengthen, sea-air services offered a strategic advantage for logistics professionals able to remain agile, by watching trends and jumping at opportunities to ensure a resilient supply chain.

Los Angeles 156

Los Angeles Negotiating Skills Cost Reduction Strategies Price Reduction 156

GlobalTranz

APRIL 25, 2017

Therefore, more companies have partnered with third-party logistics providers ( 3PLs ) to achieve greater supply chain savings and presence in such markets through enhanced transportation management systems ( TMSs ). To maintain your role in the global market, you need to understand how 3PLs contribute to an improve transportation networks.

Cost Reduction Strategies 156

Cost Reduction Strategies Resource Reduction Vendor Strategies Expense Reduction 156

GlobalTranz

DECEMBER 8, 2021

The past two years of volatility have many logistics leaders evolving from an annual Request for Proposal or freight (RFP) event to quarterly or more frequently to accommodate the changing supply chain landscape. 10 Freight RFP Components for Success. Capacity strategy. Company background. Use data to drive the RFP.

Freight 226

Freight Network Optimization Software Modeling Supply Chain Planning Software 226

Intelligent Audit

JANUARY 6, 2022

As a result, the small retail e-commerce strategy needs to evolve. An effective small retail e-commerce strategy must begin with flexible and diverse payment and shipping options. However, transportation capacity is rapidly approaching a breaking point, driving rates higher than they’ve ever been.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Expense Reduction Price Mitigation Strategies 52

Unleashed

OCTOBER 4, 2023

Shipping and logistics: Selecting the appropriate shipping method, arranging transport, and coordinating with couriers for delivery. This can include freight forwarding and documentation management. When an order is confirmed, the items need to be collected from inventory and packaged for shipment.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

The Logistics of Logistics

JULY 21, 2021

Worst Case Scenarios for Freight Brokers with Lisa Bruno. Lisa Bruno and Joe Lynch talk about the worst case scenarios for freight brokers. Lisa is an Industry Consultant at CarrierDirect which is a consulting firm supporting the transportation and industry, logistics, warehousing, supply chain and also provide technology support.

Scenario Planning 130

Scenario Planning Freight Supply Chain Planning Software Vendor Strategies 130

GlobalTranz

FEBRUARY 16, 2016

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. In this first part, I will focus on 6 places that you can apply to your organization to reduce costs and increase profit. You will reduce overhead costs.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

The Logistics of Logistics

JANUARY 26, 2022

Peter is CEO of Metafora , a management consulting and technology delivery firm focused on transportation, logistics, and supply chain. He has advised carriers and 3PLs to create and implement long-term strategies enabled through organizational change and operational efficiency. About Peter Rentschler. Welcome to the new way forward.

Logistics Network Optimization Software 199

Logistics Network Optimization Software Vendor Strategies Supply Chain Software Optimization Software 199

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

In this article, we explore the pros and cons of the alliance model in the shipping industry, compare the solo strategy versus alliance strategy, and provide tips on how shippers can prepare for market swings. Global Shipping Alliances (GSAs) are agreements between shipping companies to share vessels, ports, and resources.

Risk Management 130

Risk Management Negotiating Skills Vendor Strategies Resource Reduction 130

GlobalTranz

FEBRUARY 28, 2018

Although this sounds great for most industries, it represents a major problem for the freight trucking industry. Freight Forwarding Will Undergo Digital Transformation. Freight forwarders will have great opportunities in 2018 to take advantage of the increased demand on shippers. Freight and Trucking Rates Will Evolve.

Course 144

Course Vendor Strategies Trends Freight 144

ToolsGroup

JANUARY 7, 2020

I think it’s time we started spreading the good news: when you harness demand and inventory planning to slash unnecessary expenses and improve service to customers, you also reduce waste and support sustainability. Having the right inventory in the right location brings a variety of waste-reduction benefits.

Inventory Reduction 194

Inventory Reduction Supply Chain Planning Software Waste Reduction Vendor Strategies 194

GlobalTranz

MAY 12, 2021

That’s where the 4PL or managed transportation relationship comes into play. Under a managed transportation relationship, a company partially or fully outsources its logistics and transportation functions, including managing other 3PLs. Many shippers have varying needs for specific lanes to move freight. Technology.

3PL 285

3PL Supply Chain Software Supply Chain Planning Software Supply Chain Optimization 285

GlobalTranz

FEBRUARY 2, 2015

Editor’s Note: Cerasis is a 3PL focused on transportation management. So why do we feature content related to Vendor Managed Inventory? Inventory is then put on pallets and shipped as freight. Mr. Higo said in response to the VMI for Supply Chain Cost Reductions post was: “Very informative article, thank you.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

GlobalTranz

SEPTEMBER 24, 2018

In the age of e-commerce, maintaining the status quo will result in failure, disgruntled customers and added expenses, but shippers that leverage 3PL resources to apply transportation management best practices for e-commerce , as listed below, can navigate the issues that arise in e-commerce and achieve sustained profitability.

Transportation Management 210

Transportation Management 3PL Logistics Network Optimization Software Supply Chain Network Software 210

BlueYonder

APRIL 2, 2024

This blog was co-written by Terence Leung and Jen McQuiston Our customers depend on Blue Yonder Transportation Management to achieve customer-centricity and operational resiliency across the globe. Along their journey they provide feedback, which with industry and technological advancements, backs our ongoing innovation strategy.

Gartner 87

Gartner Supply Chain Planning Software Supply Chain Design Software Optimization Software 87

GlobalTranz

APRIL 12, 2017

An inbound vendor routing guide is comparable the beating heart of your operation. It manages inbound freight, not unlike the incoming blood supply from the lungs, and pumps it out to the remainder of your supply chain. Creating an effective inbound vendor routing guide is not without its share of challenges. 12,000+ pounds.

Vendor Strategies 121

Vendor Strategies Cost Reduction Strategies Price Reduction Modeling Software 121

Intelligent Audit

JULY 27, 2021

Transportation auditing and innovative tools and apps can help ensure market trends are closely followed and monitored. Peak Season Inventory Management and Fulfillment Strategies to Keep in Mind. In addition, these delays have added significant transportation and warehousing costs for retailers.”

Inventory Reduction 52

Inventory Reduction Vendor Strategies Cost Reduction Strategies Sourcing Strategies 52

GlobalTranz

JANUARY 2, 2018

Today, we conclude our annual year-end series highlighting the top blog posts in each of our 5 main categories: Manufacturing , Supply Chain , Logistics , Transportation , Freight. Top 10 Transportation Blog Posts of the Year. At Cerasis, we provide comprehensive freight claims management. Share This: Read More. [e-Book]

Logistics Network Optimization Software 0

Logistics Network Optimization Software Transportation Vendor Strategies Cost Reduction Strategies 0

GlobalTranz

APRIL 21, 2017

Unless your organization has been absent from the takeover of TMS in the conversations of online and print media, you have likely encountered plenty of reasons why a transportation management system (TMS) benefits shippers. Obviously, it saves money and reduces overhead, but where?

Transportation Management 161

Transportation Management Supply Chain Planning Software Analytics Software Vendor Strategies 161

PLS Logistics

JANUARY 4, 2021

Normally due to the lack of control and visibility, these shipments can consume up to 40 percent of overall freight costs. Apart from that, maintaining good relationships with vendors and ensuring on-time, high-performing deliveries can be quite a challenge.

Vendor Strategies 98

Vendor Strategies Logistics Network Optimization Software Cost Reduction Strategies Logistics 98

DAT Solutions

APRIL 3, 2017

What does that mean for freight brokers? Transportation intermediaries appear to have it easier: matching accounts receivable to payables and operating expenses. Factoring - While there are dozens of factoring options for carriers, there are relatively few for freight brokers. The golden rule. But, maybe not. Accounts payable.

Expense Reduction 70

Expense Reduction Price Reduction Cost Reduction Strategies Vendor Strategies 70

Freight Plus

MARCH 20, 2020

In this episode, we share 9 ways you as a shipper can reduce the number of chargebacks you are experiencing in your vendor compliance program. Come up with a set of internal metrics that will go towards eliminating problem areas. Work with accounting to review costs directly related to invoice reductions.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Inventory Management Software 52

Freight Plus

MARCH 20, 2020

In this episode, we share 9 ways you as a shipper can reduce the number of chargebacks you are experiencing in your vendor compliance program. Come up with a set of internal metrics that will go towards eliminating problem areas. Work with accounting to review costs directly related to invoice reductions.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Inventory Management Software 52

Supply Chain Matters

MAY 20, 2022

As developments regarding industry supply chain disruptions continue unabated, businesses now increasingly face the sting of higher supply chain and transportation driven costs impacting the bottom line. Further, sustainability and transportation efficiency are intrinsically linked for long-term business continuity.

Sourcing Strategies 97

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

GlobalTranz

JULY 24, 2017

Rather than looking at it with only two options, shippers need a third solution; they need to take advantage of an LTL transportation management system (TMS), focusing on how leveraging today’s systems, like the Cerasis Rater , can maintain profitability and drive expenses down. Vendor Management for Inbound Freight Management.

Transportation Management 139

Transportation Management Optimization Software Analytics Software Supply Chain Design Software 139

ThroughPut

JANUARY 18, 2024

In the wake of Covid-19, supply chain managers are updating their supply chain operations to cater to elevated demand, availability of global vendors, and updated customer data. Strategies to enhance inbound logistics are: 1. Vendors across the globe become available to supply raw materials, resources, and expertise.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Vendor Strategies Inventory Reduction Resource Reduction 52

Logistics Viewpoints

MAY 10, 2021

Following their fourth quarter results, top executives talked about their supply chain and omnichannel strategy at a high level. This new infrastructure will allow the retailer to expand ecommerce assortment while reducing both shipping time and cost. Mid-mile and last mile transportation capabilities need to be improved.

Supply Chain Planning Software 232

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

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?”.

Negotiating Skills 103

Negotiating Skills Optimal Sourcing Optimization Software Price Mitigation Strategies 103

GlobalTranz

APRIL 14, 2017

Transportation management systems ( TMSs ) are not a new concept, but where they are hosted now, in the cloud, is still new to the shipping industry. The cloud offers unique benefits to shippers, vendors, customers and logistics providers. Eliminates the Need to Store Equipment, Servers, and Software in Your Building.

Analytics Software 122

Analytics Software Forecasting Software Predictive Analytics Software Vendor Strategies 122

Supply Chain Shaman

APRIL 18, 2023

Yes, we have achieved greater normalcy in transportation. As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. The traditional leader values cost reduction but is blind on how to value time. Show the technology vendors touting digital and AI transformation the door.

Supply Chain Planning Software 391

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 391

GlobalTranz

APRIL 27, 2017

How Big Is the Problem Of Inbound Freight Management? Inbound freight management is receiving a lot of attention as businesses continue to look for ways to manage shipping costs. A more efficient inbound freight program can minimize delays, save money and even reduce confusion. It is complicated, that’s why.

Negotiating Skills 144

Negotiating Skills Freight Vendor Strategies Cost Reduction Strategies 144

GlobalTranz

APRIL 7, 2017

Most transportation costs in a company arise from inbound logistics cost. If other words, the costs associated with transportation of items from vendors make up the biggest portion of will transportation costs, reports Amy Roach Partridge of Inbound Logistics. Real-Time Data Promotes Use of Lowest-Cost Carriers. .

Vendor Strategies 139

Vendor Strategies Cost Reduction Strategies Inventory Reduction Resource Reduction 139

Supply Chain Game Changer

FEBRUARY 6, 2020

Do you have a Freight Management Strategy or are you Spinning your Wheels? Freight Management Hell article originally published by, and permission to publish here provided by, Adam Robinson at cerasis.com. The road to freight management Hell is laden with poor freight visibility and outdated systems.

Vendor Strategies 71

Vendor Strategies Freight Resource Reduction Supply Chain Design Software 71

TransAudit

MAY 31, 2022

Freight audit services are critical and paramount for any business that ships products. And if your business operates within a moderate to complex supply chain network, the accuracy of your freight audit and payment process can directly impact your costs. . Overview of In-House Freight Audit Services. Manually Auditing Freight.

Freight 52

Freight Vendor Strategies Analytics Software Resource Reduction 52

The Logistics of Logistics

JUNE 10, 2022

In this episode, Joe Lynch interviews David Bell and Peter Rentschler about the new partnership between their companies along with building a competitive advantage in the transportation and logistics space. David Bell has been a leader in the transportation industry for over 25 years, beginning his industry career in 1993.

Logistics Network Optimization Software 201

Logistics Network Optimization Software Supply Chain Design Software Agile and Lean Supply Chain Optimization Software 201

Zipline Logistics

DECEMBER 17, 2019

Some the country’s biggest CPG brands are leaving the old strategy of transactional shipping behind in favor of strategic logistics partnerships. Why a Strategic Partnership and a 3PL-Enabled Logistics Strategy? All successful organizations want to improve supply chain performance while cutting costs. How do we know this?

Price Reduction 52

Price Reduction Cost Reduction Strategies Vendor Strategies Supply Chain Strategy 52

DELMIA Quintiq

MARCH 29, 2023

Going back 14 years ago, the logistics industry dramatically reduced capital expenditure in 2008 when the great recession hit. In fact, the outperforming logistics vendors today (based on profitability and revenue growth metrics) are the ones that were extra cautious on capital expenditure in the years following the recession.

Logistics Network Optimization Software 156

Logistics Network Optimization Software Supply Chain Planning Software Optimization Software Demand Planning Software 156