The Logistics of Logistics

AUGUST 28, 2023

About DAT DAT Freight & Analytics, a subsidiary of Roper Technologies (NYSE: ROP), boasts the largest North American truckload freight marketplace, with data representing over 400 million freight matches and $150B+ in annual transaction data. Tusk save Shippers 40% or more on small parcel shipping. The Greenscreens.ai

Logistics Network Optimization Software 240

Logistics Network Optimization Software Analytics Software Supply Chain Planning Software Supply Chain Network Software 240

Unleashed

DECEMBER 15, 2019

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. International Sourcing.

Manufacturing Procurement 83

Manufacturing Procurement Sourcing Strategies Purchasing Skills Optimal Sourcing 83

Supply Chain Shaman

APRIL 18, 2023

As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. I don’t care what you call it, but network design, what-if analysis, simulation and digital twin approaches grow in importance.) Build in-market sourcing. The ride is uphill, but the visibility is low.

Supply Chain Planning Software 378

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 378

Logistics Viewpoints

JUNE 26, 2023

Demand sensing involves the use of the external data sources – particularly the latest sales and market data – to improve short-term forecasting and then be able to use that improved understanding of consumer behavior to improve their supply planning. For the largest retailers, short shipping results in fines and penalties. “I’ll

Supply Chain Planning Software 207

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 207

GlobalTranz

SEPTEMBER 23, 2021

High freight volumes across all industries in the trucking market are expected to continue into 2022.? The added strain on resources is on track to force high freight volumes to continue well into the next year. Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Intelligent Audit

JANUARY 12, 2021

Discrepancies and errors with invoices, records, communications, and processes represent the biggest issues facing companies today regarding freight management. Where no systems of checks or balances exist and no freight audit protocols remain, it is difficult to detect these issues before they cause major problems.

Supply Chain Network Software 59

Supply Chain Network Software Analytics Software Logistics Network Optimization Software Freight 59

ivalua

FEBRUARY 8, 2023

Digital transformation will lead to the evolution and digitization of key procurement processes, from source-to-pay. This way, if one supplier is impacted by a disruption, you can source goods from another supplier. Teams should also revise expectations for tier-two and tier-three suppliers, shipping and freight partners.

Manufacturing Procurement 242

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 242

Logistics Viewpoints

AUGUST 14, 2023

But even here, Mr. Barraco explains, there is a difference between accidentally shipping goods to bad actors and “intentional violators.” A TMS helps companies move freight from origin to destination efficiently, reliably, and cost-effectively. In terms of developing a business case for implementing GTC, compliance is a hard sell.

Global 176

Global Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies 176

Intelligent Audit

SEPTEMBER 15, 2021

Discovering billing mistakes through leveraged data from freight audits helps shippers identify cost-cutting opportunities through accurate invoicing and payment processing. Freight audit savings might arise from recouping costs due to overbilling, service guarantee failures, or simply using the wrong carrier for each load.

Waste Reduction 52

Waste Reduction Cost Reduction Strategies Analytics Software Resource Reduction 52

4WL Consulting

JULY 8, 2015

The previous decade has seen many companies, mainly those handling manufacturing operations, change how sourcing of direct materials is executed – from an administrative function to a somewhat strategic procurement approach that has seen the creation of a new position “the Chief Procurement Officer.”

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Optimal Sourcing 100

Talking Logistics

MARCH 7, 2016

Freight tons moving on the nation’s transportation network will grow 40 percent in the next three decades while the value of the freight will almost double, increasing by 92 percent, according to the latest projections by the U.S. trillion in 2015). That is the “hundreds of billions of dollars” question.

Freight 100

Freight Purchasing Skills Procurement Analytics Cargo 100

Logistics Viewpoints

FEBRUARY 26, 2024

Everything from contrast dye, to tubing, to medical devices with embedded semiconductor chips would suddenly become difficult to source. For example, when a UPS strike was looming last year, the Interos solution automatically highlighted Cooper’s strategic suppliers that relied on UPS for shipping.

Supply Chain Planning Software 249

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 249

CH Robinson Transportfolio

JULY 8, 2021

With the continued growth of ecommerce and heightened consumer expectations, fast delivery options, tracking notifications, and shipping costs have become a key driver in customer satisfaction. Best practices for developing, executing, and monitoring your parcel shipping strategy.

Cost Reduction Strategies 44

Cost Reduction Strategies Sourcing Strategies Meeting Freight 44

TMC

SEPTEMBER 1, 2016

It’s a common pitfall at a time when the number of data sources and data points seem to be growing exponentially. Either way, a surfeit of data can gum up the decision-making process and make it more difficult to pinpoint the root causes of problems that are undermining the efficiency of your freight network. Functional misalignment.

Analysis 48

Analysis Analytics Software Sourcing Strategies Supply Chain Planning Software 48

Logility

MARCH 29, 2022

Manufacturers and shipping companies assumed that because of layoffs, demand would drop. As the pandemic eased, ports suffered bottlenecks, natural disasters disrupted freight movement, railways suffered congestion, and new legislation further complicated the movement of goods. Shipping costs have skyrocketed.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply and Demand Supply Chain Optimization 130

TMC

JANUARY 14, 2016

It’s a common pitfall at a time when the number of data sources and data points seem to be growing exponentially. Either way, a surfeit of data can gum up the decision-making process and make it more difficult to pinpoint the root causes of problems that are undermining the efficiency of your freight network. Functional misalignment.

Analysis 54

Analysis Analytics Software Supply Chain Planning Software Sourcing Strategies 54

Logistics Viewpoints

JULY 27, 2021

As driver pay increases, so does the incidence of drivers jumping ship, switching companies for the next best payday. Capturing it, cleaning it, screening it and analyzing it to determine better routes, better prices, and better sources is foundational to smart logistics operations.

Supply Chain Planning Software 246

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

EC Sourcing Group

NOVEMBER 23, 2021

A Request for Proposal (or RFP as it is more commonly known) is one of the most important pieces in sourcing and procurement and the overall supply chain. However, this can be a tedious process if you’re still sourcing using spreadsheets or haven’t made your procurement process digital quite yet. Shipping and Small parcel.

EC Sourcing 52

EC Sourcing Material Savings Manufacturing Procurement Price Reduction 52

Intelligent Audit

OCTOBER 27, 2022

What does that mean for a shipper dealing with hundreds or thousands of freight invoices monthly? . One solution is to turn to big shipping data. Shippers can get a handle on their expenses by tracking freight invoices and improving their logistics strategy. . Does the data come from a variety of different sources?

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

GlobalTranz

JUNE 14, 2018

Full truckload shipping is generally less expensive than other over the road transportation modes. Instead of throwing in the towel, shippers can leverage full truckload shipping to ship LTL shipments in the back of a full-size van or trailer. Access our complete Full Truckload Shipping White Paper Series. Download Here.

Demand Planning Software 152

Demand Planning Software Logistics Network Optimization Software Freight Shipping 152

3rdwave

NOVEMBER 29, 2018

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. While global freight cost varies significantly by industry and transportation mode, it is a major cost component of internationally sourced products.

Optimal Sourcing 88

Optimal Sourcing Global Transportation Negotiating Skills Supply Chain Optimization 88

American Global Logistics

AUGUST 22, 2023

Air freight has evolved dramatically, especially after the pandemic. Since then, air freight has adapted to various market demands and technological advancements. With that, let’s start with a brief industry analysis. 2023 Air Freight Industry Analysis Air freight is a vital part of the global economy.

Cargo 52

Cargo Sourcing Strategies Material Savings Logistics Network Optimization Software 52

GlobalTranz

DECEMBER 18, 2014

The source pointed to several trends that are encouraging the adoption of TMS, including better control of data, more comprehensive analysis and the need to support omni-channel supply chains. The post Steel Fabrication and General Manufacturing Tips and Tricks for 2015 appeared first on Freight Logistics Company | Cerasis.

Manufacturing Procurement 236

Manufacturing Procurement Manufacturing Purchasing Skills Sourcing Strategies 236

Intelligent Audit

JANUARY 12, 2023

As retailers with overstock and “a range of measures of shipping demand across the U.S. are sliding, freight rates are falling as a result,” according to an article in The Wall Street Journal and various other sources. Quality data is the key to meaningful analysis. These include the following.

Optimal Sourcing 52

Optimal Sourcing Analytics Software Optimization Software Logistics Network Optimization Software 52

Supply Chain Matters

AUGUST 7, 2023

While 209,000 workers were added in June, 14,000 freight and parcel carriers were cut and 6,900 warehousing and storage jobs were lost. Last week we cited a report by The Wall Street Journal indicating that the CEO of the globe’s largest freight forwarder, Kuehne + Nagel , indicated that “ There’s no peak season to be expected in 2023.”

Logistics Network Optimization Software 52

Logistics Network Optimization Software Transportation Logistics Warehousing 52

Freightos

JULY 26, 2018

Not even B2B is spared from these changing expectations (which is why we at Freightos launched an online freight marketplace ). While freight industry executives likely sighed with relief when an update of Amazon’s logistics.amazon.com page on June 28th turned out to be nothing more than a franchise model for courier delivery services.

Logistics Network Optimization Software 134

Logistics Network Optimization Software Data Logistics Supply Chain Planning Software 134

Intelligent Audit

JANUARY 5, 2021

This is because data collection and analysis prepare freight managers for the highs and lows the industry will likely face in the new year. However, it has only been within the last ten or so years that a more in-depth analysis level has been taking place. Automate data aggregation and analysis. Source the right talent.

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Predictive Analytics Software Analytics Software 52

TMC

MARCH 9, 2017

This shows that shippers are capitalizing on new mode/route combinations that will help them save cost, reduce lead time, and mitigate supply chain disruptions and risks (such as labor disputes in the ocean shipping industry). Identifying such tradeoffs requires careful analysis. Source: World Economic Forum, [link].

Cost Reduction Strategies 48

Cost Reduction Strategies Purchasing Training Inventory Reduction Negotiating Skills 48

Supply Chain Matters

AUGUST 11, 2022

In our Part Two look back commentary , we observed efforts and activities by businesses directed at restoring more direct control of supply network materials sourcing. Mid-Year Global Transportation Assessment. This index closed the year 2021 at a value of $9,304 per TEU , reflecting a 113 percent year-over-year increase from that of 2020.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Planning Software Cost Reduction Strategies Supply Chain Strategy 52

EC Sourcing Group

NOVEMBER 15, 2022

Inflation is a problem in the United States, but it’s also a worldwide problem, which can adversely affect your supply chain , particularly if you practice global sourcing. Production shortages and shipping bottlenecks, which causes situations such as pre-buying and supply chain disruptions. percent increase in inflation rates.

Supply Chain Design Software 52

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

SYSPRO Smarter ERP

NOVEMBER 3, 2021

The SCOR (Supply Chain Operations Reference) methodology has six high-level business activities that define the supply chain – plan, source, make, deliver, return, and enable. They are used to measure how effectively the warehouse processes of receiving, replenishment, fulfilment and shipping perform. Warehousing KPIs. Outbound KPIs.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

BlueYonder

APRIL 19, 2022

Two top European shippers — Maersk and DSV — have warned that freight costs will likely remain high well into 2022, adding to the global supply chain chaos. Logistics planners can identify suppliers shipping out of the conflict area with deliveries at risk, positioning them to define alternative strategies.

Supply Chain Design Software 91

Supply Chain Design Software Supply Chain Optimization Supply Chain Software Supply Chain Design 91

EC Sourcing Group

MARCH 12, 2023

A supplier scorecard is the result of supplier analysis based on a set of key performance indicators and metrics. Steps for building a supplier scorecard: Focus on the purpose of the scorecard by recognizing and determining the right measures and metrics, or, your KPI’s.

Procurement Analytics 52

Procurement Analytics Purchasing Skills Procurement Solutions Supply Chain Planning Software 52

Intelligent Audit

SEPTEMBER 1, 2022

Technology has moved businesses forward in creating efficient processes and gaining improved insights into transportation management and freight spend , but are you using these to your fullest advantage? Carriers can significantly impact shipping costs , customer experience, shipment options, and other factors.

Optimal Sourcing 52

Optimal Sourcing Network Optimization Network Optimization Software Supply Chain Network Software 52

Enterra Insights

NOVEMBER 22, 2021

Identifying Potential Fraud : Grover notes, “Big Data can be put to use to detect frauds which could take hours of manpower and numerous interviews to zero-in on the likely source.” As useful as this type of analysis can be, it’s also the most difficult, and therefore the least attempted — among these three types.

Supply Chain Planning Software 130

Supply Chain Planning Software Prescriptive Analytics Software Supply Chain Design Software Supply Chain Software 130

Supply Chain Matters

OCTOBER 25, 2022

West Coast Container Ship Backup Has Ended. In our Supply Chain Matters news capsule of September 27, we pointed out that business, supply chain and transportation media had reported this that the cost of shipping a container of goods from China to the U.S. Whereas the spot rate to ship a container from China to the U.S.

Ukraine 52

Ukraine Supply Chain Planning Manufacturing Procurement Los Angeles 52

Intelligent Audit

DECEMBER 22, 2020

Companies who ship multiple modes and at a large volume need to consider where the data comes from and how it’s used. Without real-time analysis, there is less data for making critical decisions. Sometimes a third party source outside of the company needs to be accessed for data. Consider this. Lack of external data.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Analytics Software Supply Chain Software 52