Logistics Viewpoints

FEBRUARY 2, 2024

UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. More than $728 million is on the way to communities around the nation to bolster intermodal freight infrastructure. And now on to this week’s logistics news.

Cost Reduction Strategies 234

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 234

The Logistics of Logistics

JUNE 23, 2022

Above-average holiday shipping seasons in 2020 and 2021 led to an above-average returns rate in the usual Quiet Season. Continued lockdowns over the emergence of new COVID variants left the Produce Shipping Season of 2021 in a panic. for the same period in 2021. over the 2021 cost, such as in the New England region.

Supply Chain Planning Software 237

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 237

Intelligent Audit

MARCH 15, 2022

International freight audit software can make it easier to manage freight costs, profits, and budgeting concerns. . from 2021 to 2028. By design, international freight audit software improves data sharing and analytics in ways that current TMS systems cannot provide. Tracking Metrics and KPIs May Vary Widely by Location.

Supply Chain Design Software 52

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

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

To help our customers keep track and make informed decisions about their freight transportation options, we have developed “ a logistics eco-calculator” hosted on our website. LogiSYM Supply Chain Magazine – September 2021. Synopsis: GeTS Webinar 9th Sept 2021. million gallons of SAF this year. Load More.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

The Logistics & Supply Chain Management Society

MARCH 14, 2023

Rates are now starting to stabilise and for ocean freight especially, we are seeing rates closer to pre-COVID levels. Freight procurement is the mainstay of any supply chain professional but price is not the be-all and end-all. What tools we can use to benchmark ocean freight and carriers’ service reliability?

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

Intelligent Audit

NOVEMBER 19, 2020

According to JOC.com , “As the peak pre-holiday shipping season looms over US shippers, businesses are scrambling to secure needed capacity while trying to determine transportation budgets for 2021. Peak Freight Preparedness Hinges on Efficient Management. Take a moment to think about peak freight preparedness.

Supply Chain Planning Software 52

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

Logistics Viewpoints

NOVEMBER 14, 2022

temperature, shock, and humidity) are available through the GLN for over-the-road transportation via Descartes MacroPoint and global air freight via Descartes BLE for high-value shipments for major airlines and ground handling agents at 450 airports worldwide. E2open became a public company (NYSE: ETWO) in February 2021.

Agile and Lean Supply Chain 224

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software 224

Intelligent Audit

FEBRUARY 3, 2022

In freight auditing, freight audit advisors work with freight shippers to ensure that all charges are accurate and to prevent wasting money. With the volatility of 2021 still in mind and uncertainty heading into 2022, the whole industry feels a bit apprehensive. What Freight Auditing Is and Why It’s Important.

Freight 52

Freight Material Savings Resource Reduction Cost Reduction Strategies 52

Intelligent Audit

DECEMBER 6, 2022

FedEx has previously suspended money-back guarantees for the following services: FedEx Express FedEx Ground® FedEx Freight® FedEx SameDay® City FedEx Office®. billion in 2021 , are especially prone to returns, the cost of which inevitably falls on shippers. E-commerce sales, which saw a peak season total of $213.62

Rail Software 98

Rail Software Logistics Network Optimization Software Cost Reduction Strategies Resource Reduction 98

Logistics Viewpoints

APRIL 21, 2023

But I believe that more efficient packaging is the area with the greatest potential to improve sustainability metrics within the warehouse. Seagate sold the drives to Huawei between August 2020 and September 2021 despite an August 2020 rule that restricted sales of certain foreign items made with US technology to the company.

Logistics Network Optimization Software 207

Logistics Network Optimization Software Logistics Kenya Supply Chain Planning Software 207

Supply Chain Matters

JULY 7, 2023

According to the June report summary , the primary driver of the latest decline was the inventory metric, which reportedly contracted 6.5 Consequently, the warehousing capacity metric increased a reported 6.8 Both metrics contributed to the overall contraction in the LMI along with contracting price levels for transportation.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Inventory Reduction Negotiate Pricing 52

Intelligent Audit

DECEMBER 29, 2021

Air freight Is Rising. Air freight rates have been a major story throughout 2021. kg, according to the Freightos Air Freight Index. While rates dipped over the course of the year, another spike occurred on July 12, 2021 ($4.74kg), and as of the most recent data available, rates are sitting at $4.41/kg.

Shipping 52

Shipping Los Angeles Houston New York 52

The Logistics of Logistics

AUGUST 17, 2022

She joined symtrain in 2021 and is excited to help businesses grow their people, impact, and bottom line through digitized role-play training and coaching. Does role playing work in freight? – A two-time TEDx speaker, Melanie lives with her husband and two sons in Alpharetta, GA. Digitizing Check Calls with Trey Griggs and Ryan Rogers.

Logistics Network Optimization Software 191

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Network Software Buyer Training 191

The Logistics & Supply Chain Management Society

APRIL 26, 2022

The Freightos Baltic Index Global Container Freight Index shows the cost of shipping freight remains hugely elevated – more than double the price a year earlier. In fact, global freight rates have increased tenfold since the start of the pandemic. And this was before the Russian invasion of Ukraine began.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Logistics Viewpoints

JULY 27, 2021

A January 2021 DOT report suggests that “only 48% of trucking firms would be able to buy the technology in the decade after it becomes available.” You can also build metrics to support your hiring practices, making sure you’re paying drivers what they’re worth to inhibit churn, enhance acceptance rates or stem the tide of driver turnover.

Supply Chain Planning Software 246

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

Logistics Viewpoints

DECEMBER 8, 2022

When it comes to executing mode-specific freight moves from origin to destination efficiently, reliably, and cost-effectively, transportation execution and visibility solutions play a critical role. But, if a company wants to work with a new supplier, and that supplier is in the network, metrics on that carrier also exist.

Rail Software 187

Rail Software Real-time Visibility Supply Chain Network Software Supply Chain Planning Software 187

ShipBob

APRIL 26, 2023

This was followed shortly by the Great Resignation, with resignation rates in the manufacturing industry almost hitting 60% in late 2021. The 2021 Suez Canal blockage , for example, put a temporary stop to a major portion of the global shipping industry.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Planning 52

Supply Chain Matters

FEBRUARY 14, 2024

As the WSJ specifically noted in its reporting: “ According to Maersk’s estimates, freight rates will revert to pre-disruption levels as record new-vessel deliveries make their way into service even if the Red Sea problems persist for the whole year. ” More real-time visibility to end-to-end material flows and clog points.

Transportation 52

Transportation Supply Chain Planning Software Panama Supply Chain Software 52

CH Robinson Transportfolio

SEPTEMBER 4, 2020

The current requirements differ according to the freight characteristics listed below. As of September 15, 2020, the OTIF requirements will increase to 98% for all freight characteristics. The new compliance program will also launch on September 15, 2020 with financial penalties for non-compliance beginning on February 1, 2021.

Logistics Network Optimization Software 47

Logistics Network Optimization Software Metrics Quality Retail 47

GlobalTranz

FEBRUARY 25, 2021

It is far too early to predict returns’ actual rates in 2021, but historical averages suggest this could be a historic year for returns. By integrating the process of managing return logistics with supply chain systems, particularly the transportation management system (TMS), managers can see reverse logistics KPIs and metrics in real-time.

Reverse Logistics 210

Reverse Logistics Logistics Network Optimization Software Material Savings Logistics 210

Locus

DECEMBER 16, 2021

2020 and 2021 have been exceptionally difficult for global fashion retailers. For a brief period in 2021, it seemed like things were taking a turn for the better as pent-up demand brought customers back to stores. Brands such as Kering and Hermes reported sales going up by 46% and 26% respectively in 2021. . million by 2025.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 52

Locus

APRIL 13, 2023

as of Jan 2021 compared to other Middle Eastern countries. It provides critical metrics on delivery performance like On-Time In-Full (OTIF), First Attempted Delivery Rates (FADR), fuel consumption, time under the roof , and missed deliveries. The smartphone penetration stands highest in the United Arab Emirates (UAE), with 97.6%

Logistics Network Optimization Software 52

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

Locus

JULY 24, 2023

Supply chain management involves the transportation of freight between locations, and load matching is a small but critical aspect that drives supply chain efficiency. Load matching can be understood as the pairing of freight with the most suitable transportation carriers. compared to 2021, reaching $2.251 per mile.

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Optimization Software Logistics Network Optimization Software 52

Supply Chain Game Changer

JULY 29, 2021

April 2021 saw India grappling with Covid- 19 again. Between 27 th December 2020 and March 11 , 2021, Covid cases were around 20,000 per day and it was believed the pattern would continue. Next step was inbound transportation while tackling issues as limited and volatile freight capacity, time pressure and difficult ETAs.

India 105

India Supply Chain Saudi Arabia Portugal 105

Zipline Logistics

MAY 25, 2021

It strained production functions and increased the need for trucking services, which led to falling performance metrics that rippled across organizations. Because of the massive demand influx on capacity and notable shortage of drivers, carriers dramatically increased freight rates and brands paid the price. cost per case.

Procurement Analytics 69

Procurement Analytics Food Report Optimal Sourcing 69

Supply Chain Matters

MAY 23, 2022

Regarding perspective, between December 2021 and March of this year, the index reflected an easing of global supply chain pressures. The authors point to the delivery time disruptions occurring in China , an increase in air freight costs from the U.S. is only a half-point lower than the metric’s all-time average of 74.4).

Supply Chain Optimization 59

Supply Chain Optimization Supply Chain Planning Software Supply Chain Software Supply Chain Strategy 59

Intelligent Audit

JANUARY 21, 2021

Accurate data and thorough freight auditing help keep supply chains running smoothly and effectively. When freight managers and supply chain party members can focus on the end goal and embrace the practice of on-time shipping performance with every order, it gets easier to maintain top-notch services.

Shipping 40

Shipping Logistics Network Optimization Software Expense Reduction Supply Chain Planning Software 40

Intelligent Audit

SEPTEMBER 30, 2021

In modern freight transportation services, GRI stands for General Rate Increase. As a shipper, it’s impossible to avoid rate increases at times, and while freight invoice audits help to catch errors, not knowing the facts behind GRIs will only open the doors to risk. GRIs for 2021 and Prospects for 2022.

Shipping 52

Shipping Expense Reduction Cost Reduction Strategies Resource Reduction 52

Parade

MARCH 17, 2022

On February 24, 2022, Parade VP of Customer Experience Elise Le met up with , Tai TMS VP of Sales and Marketing Sean McGillicuddy and , Fortune Logistics Executive Regional Manager Tyler Gilpin for a , Freightwaves webinar entitled The Modern Freight Brokerage: Parade and Tai Pair Up To Help Brokerages Scale and Step Into the Future of Freight.

Freight 78

Freight Supply Chain Network Software Demand Planning Software Logistics Network Optimization Software 78

BlueYonder

NOVEMBER 15, 2021

But, even before the chaos of 2020 and 2021, the great majority of supply chain plans proved wrong to some extent. Enabled by a completely transparent logistics framework, the organization can optimize last-mile logistics in real time as conditions continue to change, using flexible alternatives like external freight networks.

Supply Chain Planning Software 83

Supply Chain Planning Software Supply Chain Software Supply Chain Optimization Supply Chain Planning 83

ToolsGroup

APRIL 1, 2022

In 2021, 87% of Americans were negatively impacted by the supply chain. In Fortune 500 earnings calls for Q3 of 2021, “supply chain” mentions were up 412% from Q3 in 2020. Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Chain Store Age ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Elementum

JUNE 30, 2022

In 2021, Treasury Secretary Janet Yellen optimistically predicted that inflation would be transitory. Run the scenarios internally, identify your key metrics and triggers, be prepared with different action plans, and execute intentionally and confidently with the full support of your company’s C-Level. Sustained Inflation.

Procurement Analytics 78

Procurement Analytics Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 78

Talking Logistics

JUNE 22, 2015

According to the press release : The proposed standards are expected to lower CO2 emissions by approximately 1 billion metric tons, cut fuel costs by about $170 billion, and reduce oil consumption by up to 1.8 billion barrels over the lifetime of the vehicles sold under the program. appeared first on Talking Logistics with Adrian Gonzalez.

Vendor Strategies 100

Vendor Strategies Cost Reduction Strategies Price Reduction Procurement Analytics 100

ToolsGroup

MARCH 9, 2021

So your firm recently released a report of 2021 predictions and there’s a lot of great information in there. What are one or two challenges in particular that you’re advising companies and their supply chain management teams to focus on in 2021? So our overall theme for 2021 predictions is a year of renewal.

Predictive Analytics Software 156

Predictive Analytics Software Supply Chain Planning Software Predictive Analytics Supply Chain Design Software 156

Intelligent Audit

DECEMBER 13, 2021

General rate increases are expected to be higher than in the past as shippers and carriers attempt to balance costs and expenses during ongoing recovery as we saw just last week with Central Freight Lines going bankrupt after 96 years and laying off over 2,100 employees. Closely track cost accruals and secure freight payment.

Shipping 52

Shipping Cost Reduction Strategies Modeling Supply Chain Planning Software 52

ShipBob

JULY 2, 2021

Here are some stats: At least half of logistics supply chains will invest in AI by the end of 2021, garnering a 15% productivity spike. We monitor the ShipBob dashboard on a daily basis, can view our fulfillment metrics at any time, and see if orders are fulfilled accurately.”. Artificial intelligence (AI). View all locations here.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Sourcing Strategies 98

Intelligent Audit

MAY 9, 2022

With ongoing recovery firmly in progress across multiple industries, one of the most significant challenges facing freight forwarders, supply chain managers, and transportation service providers is the issue of payment and freight bill payment service management. Transportation invoice audit providers can improve payment processes.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Freight Material Savings 52