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.

Supply Chain Software 78

Supply Chain Software Resource Reduction Waste Reduction Cost Reduction Strategies 78

GlobalTranz

FEBRUARY 7, 2018

Companies Will Levy the Power of 3PL-Based Technologies. The increasing power of Amazon will also be a driving force in the push for supply chain managers to adopt transformative supply chain technologies and take advantage of 3PL resources, asserts Amy Wunderlin of Supply & Demand Chain Executive. Download white paper.

Supply Chain Design Software 170

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Optimization Software 170

Talking Logistics

SEPTEMBER 29, 2016

In today’s highly competitive marketplace, understanding how your company’s procurement strategy and results compare with industry peers is critical. Consider how these issues will impact your carrier rates and learn why now is the ideal time to benchmark and bid your rates with the help of a third-party logistics (3PL) provider.

Benchmarking 100

Benchmarking Negotiating Skills Price Reduction Cost Reduction Strategies 100

SCMDOJO

JULY 24, 2023

Contract logistics is a specialized service offered by third-party logistics (3PL) providers to manage supply chain operations on behalf of a company. By doing so, businesses can concentrate on their core competencies while benefiting from the expertise and infrastructure of the 3PL provider.

Logistics Network Optimization Software 90

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

Talking Logistics

APRIL 6, 2017

It may be time to evaluate your transportation network and approach to procurement and make the move from simply fixing logistics problems as they present themselves to a more strategic, scalable model derived from analytics and not simply rates. Do you have a resilient and “stress-able” routing guide?

Capacity 101

Capacity Price Reduction Sourcing Strategies Cost Reduction Strategies 101

Talking Logistics

SEPTEMBER 29, 2014

Not surprising, capacity constraints was a hot topic of conversation, but from a technology perspective, there was also plenty of interest and discussion about integrating/on-boarding new clients and trading partners; the ability to configure workflows and user interfaces; and business intelligence and analytics. Has the time come?

Conference 158

Conference Logistics Network Optimization Software Modeling Software Third Party Logistics 158

ShipBob

SEPTEMBER 20, 2021

The process involves complex steps, from procurement, to shipping products to end users, often resulting in a lack of visibility and high operational costs. End-to-end (E2E) supply chain refers to all supply chain processes, from logistics procurement to the post-sale customer experience. . Procurement & manufacturing.

Optimal Sourcing 52

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

Supply Chain Matters

JUNE 23, 2023

Water The report notes the waterborne freight sector emerging from the most extreme market conditions in modern times. Elevated ocean container freight rates during 2021 and 2022 reportedly translated into strong revenues for carriers, amounting to operating profits of $215 billion in 2022. The report includes four thers.

Procurement Analytics 40

Procurement Analytics Report Negotiating Skills Purchasing Skills 40

Zipline Logistics

JANUARY 10, 2023

Andrew Lynch is President and Co-Founder of Zipline Logistics , an award-winning North American 3PL that specializes exclusively in the transportation of retail consumer goods. I moved to Chicago to work for the world’s largest 3PL and quickly fell in love with the constant opportunity to solve problems. About Andrew Lynch.

Supply Chain Software 52

Supply Chain Software Security Supply Chain Strategy Logistics Network Optimization Software 52

Talking Logistics

JULY 19, 2018

The real-time freight visibility space was particularly hot in 2017, with two major acquisitions announced last year, including Descartes’s acquisition of MacroPoint in August 2017. is what drove the first wave of demand for real-time freight visibility solutions.

Real-time Visibility 101

Real-time Visibility Capacity Procurement Analytics Logistics Network Optimization Software 101

Talking Logistics

JUNE 24, 2016

HighJump Adds Supply Chain Analytics to Enterprise Software Suite. April 2016 North American Freight Numbers. Cass Freight Index Report – May 2016. From a supply chain perspective, Brexit will have a ripple effect on procurement, trade agreements, customs, and other areas. ATA Truck Tonnage Index Increased 2.7%

Logistics Network Optimization Software 102

Logistics Network Optimization Software Logistics Supply Chain Software Analytics Software 102

Talking Logistics

SEPTEMBER 6, 2016

The technology streamlines planning and execution while also collecting data to be leveraged for detailed analytics, reporting on a company’s supply chain efficiencies and effectiveness. Analytics provided from a TMS can assist in identifying areas of the supply chain that can be optimized. Targeted Procurement.

Optimal Sourcing 100

Optimal Sourcing Logistics Network Optimization Software Transportation Cost Reduction Strategies 100

CH Robinson Transportfolio

DECEMBER 9, 2020

Changing consumer expectations have propelled shippers—specifically those with LTL freight—to send smaller, more frequent orders with smaller quantities and tighter deadlines. Freight attributes and processes contribute to overall shipment performance. Choose the right strategic mix of top performing suppliers.

Optimal Sourcing 44

Optimal Sourcing Price Reduction Cost Reduction Strategies Price Mitigation Strategies 44

GlobalTranz

MAY 21, 2015

This requires a new broad look at the business of transportation supply chain, including supply chain management, logistics, & procurement. Freight transportation costs in the United States amount to about 6% of the GDP, which means that a large portion of a company’s supply chain costs come from transportation.

Supply Chain Planning Software 120

Supply Chain Planning Software Cost Reduction Strategies Supply Chain Software Sourcing Strategies 120

20Cube Logistics

AUGUST 2, 2019

This helps organisations achieve efficiency and cost-effectiveness, helping them transform their supply chain processes by better forecasting and procurement planning. . Using predictive analytics models in deriving insights from captured data is helping the logistics service providers as well as businesses in several ways: .

Real-time Visibility 40

Real-time Visibility Logistics Network Optimization Software Data Optimal Sourcing 40

ShipBob

NOVEMBER 6, 2023

Analytical procedures Doing analytical procedures during inventory audits involves comparing gross margins, inventory turnover ratio , and/or unit costs of inventory with previous years. This helps you understand trends so you can be better informed during inventory procurement and when you’re forecasting demand.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

Supply Chain Game Changer

FEBRUARY 18, 2020

I started my career working in 3PL’s – one of which was the largest freight forwarder in the world in the 1990’s. After selling the business in 2009, I went on to work for a leading US Chemical company and then a global 3PL. His experience covers the full Logistics spectrum, from raw material procurement to.

Supply Chain Design Software 77

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Singapore 77

IQMS

OCTOBER 18, 2019

Key factors influencing inventory levels, supplier quality, demand forecasting, procure-to-pay, order-to-cash, production planning, transportation management and more are becoming known for the first time. How the Use of Big Data Analytics Affects Value Creation in Supply Chain Management. no opt-in). Preston, D. S., & Swink, M.

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 73

The Logistics of Logistics

MAY 26, 2022

based companies, and Ryan , the Founder and CEO of freight tech firm, TextLocate which provides a freight location tracking and communication solution for brokers and partner carriers. About Trey Griggs . Trey Griggs is a Brand Ambassador at Lean Solutions Group and the Founder and CEO of BETA Consulting Group (BCG).

Logistics Network Optimization Software 255

Logistics Network Optimization Software Lean Analytics Software Cost Reduction Strategies 255

Unleashed

MARCH 31, 2021

These may be known as logistics service providers (LSPs) or third-party logistics (3PL) providers, depending on the context for which they are needed. Freight bill accuracy. A metric that does what it says on the tin – measures the accuracy of freight bills. Perfect order rate. Then turn it into a percentage.

Supply Chain Planning Software 69

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

Unleashed

OCTOBER 4, 2023

This can include freight forwarding and documentation management. Integration with other supply chain functions: Order fulfilment connects with other aspects of the supply chain – such as procurement, production planning, and demand forecasting – to ensure alignment and smooth operations. This will centralise your order management.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Talking Logistics

AUGUST 19, 2015

Freight Audit and Pay. Transportation Analytics. Solutions addressing the financial side of the supply chain, including Procure-to-Pay, is another core differentiator for GT Nexus. Transportation Services Procurement: Maximizing Strategic Goals and Business Value (Del Monte, Hewlett-Packard, USSA). In-transit Visibility.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Conference Supply Chain Network Software 100

GlobalTranz

SEPTEMBER 14, 2016

However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. Many suppliers and manufacturers may have existing, internal analytics tools, but using these tools for benchmarking processes may be ill-fated. Use Big Data Analytics to Ensure Real-Time Management of the Entire Supply Chain.

Material Savings 120

Material Savings Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 120

ShipBob

NOVEMBER 15, 2021

In this article, we will discuss what logistics planning is, why it’s important for ecommerce, tips on how to optimize your logistics plan, and how a 3PL like ShipBob can help facilitate business growth by handling all internal and external logistics processes. What is logistics planning? Meet customer demand quicker.

Supply Chain Planning Software 98

Supply Chain Planning Software Logistics Network Optimization Software Material Savings Negotiating Skills 98

Talking Logistics

OCTOBER 29, 2014

It seems like we’ve had a little bit of an [economic] recovery, at least a freight recovery, from an econometrics standpoint. Within the routing guide, if you weren’t first, you probably weren’t getting a whole lot of freight, and there wasn’t a whole lot of routing guide disruption. What [have] the drivers been?

Price Reduction 162

Price Reduction Cost Reduction Strategies Logistics Network Optimization Software Price Mitigation Strategies 162

ShipBob

APRIL 15, 2024

For example, a low GMROI may be an indication that you are spending too much on inventory by constantly overstocking (which increases inventory holding and inventory procurement costs). ShipBob finally gave us the visibility and analytics we were looking for. This may involve discontinuing high-profit products that don’t sell quickly.

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 52

Unleashed

APRIL 12, 2023

Here are some more differences between B2B and B2C fulfillment: B2B orders cost more to ship, can take longer to reach their destination, and may require specialized handling equipment for loading onto dedicated freight transporters. B2B procurement contracts can last for prolonged periods and be worth millions of dollars.

Supply Chain Planning Software 52

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

ShipBob

AUGUST 24, 2023

Moreover, there may be raw material shortages that will then result in supply chain bottlenecks as businesses are unable to procure inventory to keep up with demand. That means companies will need to appropriately adjust their production and procurement so as to avoid excess stock and piling up surplus inventory.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing SCM 52

ShipBob

SEPTEMBER 3, 2021

Though the pandemic isn’t forever, the push towards digital transformation will continue to support retailers as they build supply chain resilience and be prepared for almost anything — a sudden influx in demand, logistics procurement disruption, natural disasters, or a warehouse closure. What is supply chain transformation?

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Inventory Management Software 97

Unleashed

JUNE 23, 2021

Inventory analytics goes mainstream. Improving efficiencies with data analytics. Connect IoT tech to your cloud software to input critical real-time data to analytics and other business systems. Reduced carbon footprint: Cutting your freight times doesn’t just save money, it lowers your impact on the environment too.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

ShipBob

JANUARY 8, 2021

B2B orders are often purchased less often, sold in bulk, and shipped via freight (or parcel for smaller orders). Distributors procure goods from suppliers to sell to wholesalers and retailers, and they work closely with manufacturers. Additionally, Magneto’s precise analytics and reporting is considered one of the industry’s best.

Inventory Management Software 96

Inventory Management Software Supply Chain Design Software Optimization Software Logistics Network Optimization Software 96

ShipBob

DECEMBER 3, 2021

While this position goes by several other job titles (such as “Logistics Director”, “Head of Logistics”, and “Director of Supply Chain”), its basic purpose is always the same: to manage every step in the supply chain, including procurement , production, inventory management , fulfillment, and shipping. What does a Logistics Director do?

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Supply Chain Planning Software Optimal Sourcing 52

Logistics Bureau

OCTOBER 11, 2021

3PL Decision-Making. Or maybe you have already outsourced your warehousing, and your 3PL partner was a good match when your business was smaller, but is now struggling with your higher volumes. Neglecting to actively manage the relationship and communicate effectively with the 3PL partner.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Material Savings Negotiating Skills Inventory Reduction 52

Talking Logistics

APRIL 27, 2017

Those are just some of the questions that we at Adelante SCM — at the request of our shipper, third-party logistics (3PL), and vendor clients — will explore in a new TMS research initiative we are launching this summer.

Supply Chain Planning Software 102

Supply Chain Planning Software Analytics Software Demand Planning Software Supply Chain Network Software 102

Talking Logistics

JUNE 13, 2018

3PLs bundled those relationships and consolidated logistics into one provider. 4PLs are an extension of that model going beyond physical logistics to add the elements of Procurement, IT and Finance.”. These include: Procurement: establishing relationships with suppliers and holding the contracts on behalf of the customer.

Third Party Logistics 103

Third Party Logistics Optimal Sourcing Manufacturing Procurement Logistics Network Optimization Software 103

Talking Logistics

MAY 11, 2018

Freight Operators Dismiss Threat of Digital Startups (WSJ – sub. Robinson launching a trans-Eurasian rail freight service between China and Europe. It is for freight that requires faster transit times than ocean, at twice the speed, with substantial savings over air,” said Mike Short, president, Global Forwarding at C.H.

Logistics Network Optimization Software 101

Logistics Network Optimization Software Supply Chain Planning Software Prescriptive Analytics Software Supply Chain Design Software 101

ThroughPut

MAY 5, 2020

” Hard costs involve an invoice or a direct cash outlay, which could include freight payments or inventory. Adjusting the utilization of existing capacity by adjusting load size or engaging third-party logistics (3PL) firms when needed. Procurement costs. Supply chain cost drivers. Transportation strategy.

Cost Reduction Strategies 64

Cost Reduction Strategies Manufacturing Procurement Inventory Reduction Negotiating Skills 64