20Cube Logistics

FEBRUARY 17, 2022

The rapid rate of technological change and faster access to a greater amount of data are resulting in a transformation of the freight forwarding process. This involves procuring details of shipments at various times, and various legal requirements. Considering cost-saving opportunities such as freight consolidation.

Freight 75

Freight Resource Reduction Cost Reduction Strategies Inventory Reduction 75

The Logistics of Logistics

NOVEMBER 5, 2021

miles of freight is expected to reach 7.67 He is also the Founder and Co-Director of the MIT FreightLab – a research initiative that works on improving the way freight transportation is designed, procured, and managed. In fact, the logistics market is expected to reach US$6.9 trillions of ton-miles by 2045 (Statista).

Logistics Network Optimization Software 147

Logistics Network Optimization Software Transportation Supply Chain Design Software Supply Chain Planning Software 147

Supply Chain View from the Field

NOVEMBER 10, 2014

In addition to the procurement executives, I also got to meet Captain Dick Phillips, the captain of note in the film “Captain Phillips” We had a chance to talk about his experience, and he also presented to the group about the incredible experience he went through. Does procurement add to top line revenue.

Manufacturing Procurement 124

Manufacturing Procurement Procurement Conference North America 124

Supply Chain Shaman

JANUARY 8, 2014

Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. He is responsible for manufacturing, procurement, supply chain planning, logistics, quality, social responsibility and final product engineering. ” Supply Chain Leader. I am behind. The heat is on.

Procurement Analytics 259

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 259

The Logistics of Logistics

JUNE 23, 2022

Therefore, produce ready for shipping may be stalled due to a limited supply of equipment and trucks (hindering capacity procurement ), fewer drivers, and the pressure everywhere to move things faster, save money, and get it done without impacting the customer experience. As a result, shipping costs will undermine any potential gains.

Supply Chain Planning Software 237

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 237

ShipBob

APRIL 26, 2023

Make sure you have an accurate idea of lead times in relation to your production and procurement processes. For instance, you may want to consider multiple transportation modes, like air and ocean freight, to decide which is the best option for the type of inventory you want to transport.

Supply Chain Planning Software 52

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

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. The Role of Digitisation and Analytics in Supply Chain Resilience.

Supply Chain Planning Software 246

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

Enterra Insights

APRIL 8, 2019

They need a general understanding of everything from procurement of raw materials to customer service. It was a kind of harmony between analytical and creative thinking.”[3] Supply chain management requires analytical thinking. Successful supply chain professionals are by nature, mostly analytical thinkers.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chain Optimization 100

SCMDOJO

JULY 24, 2023

Let’s take a closer look at these stakeholders and their roles: Shippers: Shippers are businesses that produce or procure goods and require them to be transported to their intended destinations. They optimize routes, consolidate shipments, manage freight rates, track shipments, and ensure timely and secure delivery.

Logistics Network Optimization Software 93

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 93

ThroughPut

FEBRUARY 23, 2024

You can conveniently work with the right suppliers by analyzing pricing, quality, and delivery times as the system helps you identify reliable suppliers, thereby, streamlining the procurement processes. Optimize delivery routes, improve freight operations, and propose the best shipping methods to you. All of this at the best price.

Predictive Analytics Software 59

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

GlobalTranz

OCTOBER 21, 2015

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. All KPIS have metrics to measure. 3PL/SLA Skills/Knowledge.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Zipline Logistics

JANUARY 10, 2023

Starting his career in carrier procurement and management within a Fortune 100 logistics company, Lynch has held positions of responsibility in all areas of third-party logistics. CPU is an alluring logistics option in which your customer picks up your freight for you. Andrew Lynch x Authority Magazine Interview.

Supply Chain Software 52

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

TMC

JANUARY 14, 2016

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. It’s easy to get bogged down in streams of data generated by inappropriate metrics. Lack of understanding.

Analysis 54

Analysis Analytics Software Supply Chain Planning Software Sourcing Strategies 54

Unleashed

MARCH 31, 2021

A lean business looking to build efficiencies would do well to try and improve this metric. A metric to determine how many days it would take to run out of supply if you did not replenish your stock. Freight bill accuracy. A metric that does what it says on the tin – measures the accuracy of freight bills.

Supply Chain Planning Software 69

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

TMC

SEPTEMBER 1, 2016

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. It’s easy to get bogged down in streams of data generated by inappropriate metrics. Lack of understanding.

Analysis 48

Analysis Analytics Software Sourcing Strategies Supply Chain Planning Software 48

Supply Chain Game Changer

NOVEMBER 19, 2018

Whatever your Industry you should be able to make comparisons to competitors, do benchmarking, and even compare yourself on key metrics across industries. From the inbound perspective he Supply Chain team typically procures raw materials, expedites their delivery. And the reality is that Supply Chain must be cost-effective.

Negotiating Skills 84

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 84

BlueYonder

FEBRUARY 17, 2022

Followed by focus on big data analytics where companies began leveraging BI (business intelligence) tools for data-driven decision making. Transport costs are soaring to ridiculous levels, especially for those shippers that did not have an organized procurement strategy for freight movement.

Supply Chain Planning Software 71

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 71

GlobalTranz

JANUARY 30, 2015

The methods of evaluating metrics or developing KPIs vary significantly from company to company. These should include the exact analytics needed, the timing of report generation, and parties within your organization responsible for collaborative evaluation. Business Advice Technology Transportation'

Transportation 120

Transportation Data Analytics Software Optimal Sourcing 120

Supply Chain Game Changer

JULY 29, 2021

Saudi Arabia shipped 80 Metric tonnes of liquid oxygen to India and Portugal assured 20,000 litres of oxygen per week to India along with 5503 vials of Remdesvir. HLL is acting as a nodal agency of Union Health and Family Welfare Ministry in the procurement and distribution of medicines and medical equipment.

India 105

India Supply Chain Saudi Arabia Portugal 105

Veridian Solutions

MARCH 16, 2020

Supply chain data management requires attention to detail and a mechanism in place that provides analytics, or insights, to gain actionable knowledge. As the world grew closer through e-commerce, a divide has arisen between the limits and challenges of tracking traditional data versus the possibilities of advanced, analytics-driven insights.

Supply Chain Strategy 59

Supply Chain Strategy Data Supply Chain Software Inventory Reduction 59

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

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

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. The main lack of talent is in middle management, especially in big data analytics and supply chain planning, where the shortage is around 54%. Supply Chain Analyst.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Veridian Solutions

OCTOBER 9, 2018

A Guide to the Warehouse Metrics Supply Chain Execs Should Track. Real-time visibility into business analytics. Refinement of procurement strategies. Access to new freight shipping strategies, like cross-docking. Download WhitePaper. Predominant, intangible benefits are more difficult to quantify.

Cost Reduction Strategies 45

Cost Reduction Strategies Expense Reduction Inventory Reduction Analytics Software 45

ShipBob

APRIL 15, 2024

That’s why you need to closely measure metrics such as gross margin return on investment (GMROI). This metric doesn’t just account for the cost of buying inventory. These two metrics can be calculated using their respective formulae. ShipBob finally gave us the visibility and analytics we were looking for.

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 52

Supply Chain Shaman

NOVEMBER 15, 2021

Hazardous freight is the most likely to get “rolled” at the dock. On the one hand, we should celebrate the fact that the aggregate industry moved 38% more freight in 2021 when compared to 2019. Today, only one in two business leaders feel that they are successful in deploying analytics. Time For Action.

Supply Chain Design Software 278

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 278

Intelligent Audit

NOVEMBER 10, 2021

Strong RFP supply chain management practices and carrier network optimization services will allow for continued growth and success in the modern supply chain and freight shipping network.It’s important to understand the full scope of optimization, including what it is and how your team can improve it. What Is Carrier Contract Optimization?

Optimal Sourcing 52

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

ShipBob

FEBRUARY 26, 2024

It involves assessing how the overall supply chain performed, analyzing metrics, and how well you managed exceptions. As a result of this improved forecasting precision, you can plan your procurement more accurately. Analysis The analysis phase is where you look back at your supply chain process and evaluate its effectiveness.

Forecasting 52

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 52

Supply Chain Shaman

NOVEMBER 15, 2021

Hazardous freight is the most likely to get “rolled” at the dock. On the one hand, we should celebrate the fact that the aggregate industry moved 38% more freight in 2021 when compared to 2019. Today, only one in two business leaders feel that they are successful in deploying analytics. Time For Action.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

Supply Chain Shaman

NOVEMBER 15, 2021

Hazardous freight is the most likely to get “rolled” at the dock. On the one hand, we should celebrate the fact that the aggregate industry moved 38% more freight in 2021 when compared to 2019. Today, only one in two business leaders feel that they are successful in deploying analytics. Time For Action.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

Logistics Viewpoints

MARCH 31, 2022

Artificial intelligence (AI), machine learning (ML), predictive analytics and robotics once seemed incredibly sophisticated and out of reach — but today they’re easily accessible to every company. Digital Freight Bidding. Leveraging a digital freight bidding solution, delivered via a SaaS model, automates and accelerates this process.

Logistics Network Optimization Software 206

Logistics Network Optimization Software Supply Chain Planning Software Predictive Analytics Software Optimization Software 206

Talking Logistics

DECEMBER 12, 2013

You probably started your TMS project to manage shipping costs for your high-value freight, inbound or outbound. With constantly changing markets and rates, procuring and maintaining the best possible rates can be a nightmare. Add analytics to the process and improve your efficiency and customer satisfaction. Now, Rate !

Optimal Sourcing 100

Optimal Sourcing Analytics Software Optimization Software Modeling Software 100

ShipBob

NOVEMBER 15, 2021

Additional tools like free standard packaging, data and analytics, and our best-in-class software are included at no extra charge to help you stay on budget and plan your logistics. Procurement and manufacturing. Treat procurement and manufacturing as part of your logistics network , as opposed to a silo. Logistical Process.

Supply Chain Planning Software 98

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

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. Why supply chains are going digital.

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

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

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.

Negotiating Skills 52

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