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How to Procure Full Truckloads in Tight Capacity

GlobalTranz

Unfortunately, the use of full truckload shipments and expenditures have hit an all-time high, reports Kate Patrick of Supply Chain Dive. Decreasing capacity and increasing full truckload rates are expected to increase throughout 2018, reports Freight Waves. Conducting annual procurement exercises. Download eBook.

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AI-Tuned Pricing and Inventory Strategies are the Way Forward for Retailers

Supply Chain Brain

Now, retailers can simulate “what-if” scenarios that reveal how different hypothetical tariff-driven cost increases could impact shoppers’ willingness to purchase upcoming SKUs at various price points, and which products’ margins will suffer most as costs fluctuate. He adds that it’s no wonder that only 15% of U.K.

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What Are the Trends in Last Mile Logistics?

GlobalTranz

Among millennials, consumers are willing to pay a premium up to 30-percent more for same-day delivery, reports McKinsey & Company , with an overwhelming majority willing to pay extra for guaranteed delivery, as shown below: Paired with the sudden spike in parcel delivery, last mile delivery will continue to grow 10-percent annually.

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The Most Popular 16 Transportation Blog Posts from 2014

GlobalTranz

Transportation Metrics That Matter Most to Track and Improve Performance : How do you measure logistics efficiency and transportation metrics performance indicators when you are already doing the best job possible? To add insult to injury, they also rarely have reporting mechanisms to properly monitor those expenses.

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The Most Important Distribution Center Metrics to Track and Understand

GlobalTranz

Throughout the supply chain, the use of metrics to track and understand processes provides an invaluable resource for ensuring increased production and customer satisfaction. What Distribution Center Metrics Need Tracking? However, the most important metrics can be categorized into the following eight areas. On-Time Shipping.

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5 More Transformative Supply Chain Technologies Supply Chains Will Focus on in 2018 to Move to the Next Level

GlobalTranz

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.

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EDI Integration For Shippers: 6 Myths Busted with the Real Truths

GlobalTranz

For example, on average the cost savings from automating a manually processes purchase order is $9.89, for an invoice is $11.58 The moment you start shipping with a 3PL as your partner, you already have EDI built in! Automating transactions that were done manually provides a significant savings on each transaction.