Elementum

AUGUST 9, 2022

Traditional DfSC best practices include: minimized premium freight, expected product updates, pool demand, minimized carrying costs, optimized order management, and minimized warranty cost. Yet in the midst of this environment of escalating demand, we’ve seen innovation for supply chain emerge as a reliable source of strategic advantage.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Design Supply Chain Optimization Optimal Sourcing 78

Intelligent Audit

SEPTEMBER 16, 2021

Freight invoice auditing and payment processing form a major revenue opportunity for shippers looking to cut costs. However, in-house versus outsourced freight audit and payment can have a significant effect on ROI. ” Still, it can be hard to understand what a freight audit entails and how it adds value.

Freight 52

Freight Analytics Software Cost Reduction Strategies Price Reduction 52

Freightos

NOVEMBER 10, 2020

Of course, COVID-19 has accelerated this trend, with more consumers working from home and ordering online, while it’s also become easier for sellers to source on Alibaba, import, and then sell on Shopify or Amazon.com. In other words, while demand and sourcing was able to keep up, last-mile distribution became a key bottleneck for SMBs.

Los Angeles 156

Los Angeles China Cargo Warehousing 156

ThroughPut

FEBRUARY 23, 2024

Leveraging AI for demand forecasting means: You can analyze any amount of historical data and current trends from external sources to predict future demands more accurately. Embracing AI for supplier management within the supply chain translates to: Optimizing your sourcing decisions through critical data insights. The solution?

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Intelligent Audit

AUGUST 24, 2022

Through this data, businesses can see ways to perform better in all aspects of logistics, including warehouse management and analysis, demand prediction, supplier selection, route optimization, and supply chain planning. Anomaly Detection in Freight & Shipping Data. The company did not know the source of the problem.

Optimal Sourcing 52

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

Talking Logistics

JULY 17, 2018

Below is a comparison of 2017 vs. 2018 parameters for oversize shipments: Source: enVista. Have lightweight/low density freight (e.g., Use the table shown below to help quantify the number of packages you have in each of the indicated categories: Source: enVista. What Has Changed? Have no waiver for the 90-lb.

Pricing Training 121

Pricing Training Negotiating Skills Purchasing Training Optimal Sourcing 121

Turvo

FEBRUARY 9, 2021

This is where freight data recording and analysis can help with the supply chain’s internal adding value. . The Costs of Not Using Freight Data in Managing Logistics. Freight Data Increases Market Share. This becomes best accomplished by taking advantage of freight data analysis. Get data in real-time.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Freight Negotiating Skills Data 52

Intelligent Audit

APRIL 1, 2021

While traditionally these programs are called freight audits, it isn’t solely about LTL or FT. While each shipping mode presents more complexity for managing the freight audit , having a single validated source of truth across your supply chain opens up endless possibilities for shipment and cost optimization. Consider this.

Freight 52

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

Intelligent Audit

MAY 2, 2022

As highlighted by Transport Topics in a January 2022 article discussing freight shipping analytics, “ Data shows total truckload rates year-over-year are holding around 12% higher. One of the essential features of freight analytics is how it impacts forecasting services. They are forecast to grow 2.5% to 3% throughout the year.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Analytics Software Predictive Analytics 52

Supply Chain Trend

OCTOBER 11, 2022

In Pierre Pinson’s article “To Share or Not to Share: The Future of Collaborative Forecasting,” the comparison between data and big oil is striking. They have a global network that provides supply-chain data from ocean freight forwarders and transporters, that they then make available for integration with your own business. CONCLUSION.

Forecasting 88

Forecasting Data Manufacturing Procurement Forecasting Software 88

Intelligent Audit

OCTOBER 28, 2021

As highlighted by Hellenic Shipping News , ocean freight has seen a steady increase in recent months, but those impressive numbers are dwarfed by more than double the dry container freight rates and demands. ” This is vital for managing freight costs and mastering the practice of shipping cost allocation.

Cost Reduction Strategies 52

Cost Reduction Strategies Purchasing Skills Supply Chain Planning Software Optimal Sourcing 52

Intelligent Audit

NOVEMBER 5, 2021

Industry respondents said they don’t see an end to current freight conditions, and 2022 TL rates are expected to be up approximately 5.25% compared to this year.” Within the United States, freight transportation price increases get reported 30 days prior to going into effect. Implement SKU Level Analytics.

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Inventory Reduction Material Savings 52

Intelligent Audit

DECEMBER 15, 2021

After 96 years of serving the industry, Central Freight Lines has filed Chapter 7 bankruptcy less than two weeks before Christmas, reports Clarissa Hawes of FreightWaves. The sad reality is Central Freight Lines succumbed to excessive debt and an inability to maintain profitability through the pandemic.

Cost Reduction Strategies 52

Cost Reduction Strategies Resource Reduction Price Reduction Sourcing Strategies 52

Logistics Viewpoints

FEBRUARY 25, 2022

Carriers, freight forwarders, and shippers that were dealing with the China to North America trade lanes were already operating in crisis mode. They are predicting Ocean is going to increase 2-3x from $10,000 to container to over $30,000 per container and that Air freight spot rates and lead times are going to increase 3-4 times.

Price Reduction 207

Price Reduction Ukraine Russia Logistics Network Optimization Software 207

GTG Technology Group

APRIL 29, 2019

A TCO analysis examines not only the price of the truck, but also its long-term costs over time. The analysis may consider the following variables: Initial cost to purchase or lease the truck. Choose diesel first to begin the comparison. Sources: [link]. Routine truck maintenance. Customize your TCO information sheet.

Purchasing Skills 47

Purchasing Skills Cost Reduction Strategies Expense Reduction Price Reduction 47