Remove Analytics Remove Freight Remove Procurement Remove Transportation

Transportation Procurement in India

CHAINalytics

By Linsa Godwin Sathiamoses | Consultant, Transportation, Chainalytics | Procuring transportation services is an important activity on the supply chain calendar. By all accounts, shippers in Europe and the Americas are using transportation and analytics […].

India 78

Spend Matters Awards Chainalytics For Transportation Procurement Innovation

CHAINalytics

Atlanta, GA (April 22, 2019) — Chainalytics, a recognized global leader in supply chain consulting, analytics, and market intelligence, is excited to be named a 2019 Provider to Watch by Spend Matters. “We’re Our inclusion in this year’s list is another testament to the … The post Spend Matters Awards Chainalytics For Transportation Procurement Innovation appeared first on Chainalytics.

10 Key Logistics & Procurement Supply Chain Practices to Know and Master to Reduce Spend.

Cerasis

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. Manufacturers must work to consolidate incoming supplies and outgoing shipments to make their incoming and outgoing freight more attractive to major carriers. Consider Cyber Security Concerns in the Procurement Supply Chain.

These 7 Industrial Procurement Trends will Impact Supply Chain & Logistics in 2018

Cerasis

Procurement must never be an afterthought in any enterprise. Supply chain professionals must also know how they will be shipping freight. The answers to these questions lie in understanding a few of the top industrial procurement trends to expect in 2018. Companies Will Seek New Ways to Use Technology in Procurement. The global supply chain creates many challenges and opportunities in procurement. Integrated Procurement and Payment Systems Simplify the Process.

The Transportation Supply Chain: Transportation’s Role in Supply Chain Management to Lower Total Costs

Cerasis

One of the often missing links, however, in supply chain visibility, is transportation management. We call this the transportation supply chain. What is the Transportation Supply Chain? Transportation refers to the movement of product from one location to another as it makes its way from the beginning of a supply chain to the customer’s handle. Any supply chain’s success is closely linked to the appropriate use of transportation.

What’s the Difference Between Freight Management and Logistics Management?

Supply Chain Game Changer

In business it is not uncommon to hear the words “Logistics Management” and “Freight Management” thrown around interchangeably. What is Freight Management? But what activities are thus considered to be a part of Freight Management? Subscribe Here!

Full Truckload Technology: The Various Technology Involved in Full Truckload Freight Shipping Management

Cerasis

Statistics on the industry-wide use of a transportation management system (TMS), like the Cerasis Rater, are lacking. In full truckload freight management, technology will make or break plans for keeping freight spend in check. Demand for record-breaking speed of delivery and free shipping are only making the case for greater use of technology in full truckload freight shipping management, and shippers need to understand why. Big Data Analytics.

Handfield’s Supply Chain Analytics Predictions for 2014

Supply Chain View from the Field

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. I visited the BVL Kongress in Berlin, and also attended the International Institute for Analytics ”Chief Analytics Officer” meeting last summer. Not surprisingly, analytics is at the top of the list.

3 Requirements for Meaningful & Useful Data in Transportation & Business

Cerasis

As data in transportation becomes more abundant and readily available, the question of “ What data is available ?” These should include the exact analytics needed, the timing of report generation, and parties within your organization responsible for collaborative evaluation. LinkedIn The post 3 Requirements for Meaningful & Useful Data in Transportation & Business appeared first on Freight Logistics Company | Cerasis.

The Best is Yet to Come with Transportation Management Systems

Talking Logistics

I conducted my first research study on transportation management systems (TMS) back in March of 1999. And over time, standalone TMS applications focused on a single mode, transportation process, or geographic region have transformed into “platform solutions” that address a broader spectrum of transportation management capabilities in a smarter and more integrated manner. What is a transportation management system?

Using Logistics Technology to Execute a Winning Inbound Freight Strategy & Have Compliant Vendors

Cerasis

Fortunately, today’s logistics technology has the power to execute a winning inbound freight strategy and maintain compliance in the following ways. Using Logistics Technology to Execute a Winning Inbound Freight Strategy & Have Compliant Vendors. If an existing shipment needs re-routing, the Cerasis Freight Desk can complete the change at your request, or you have the option of re-routing the shipment from within the Cerasis Rater. Inbound Freight Logistics

Where Do the Savings from Managed Transportation Services Come From?

Talking Logistics

Managed transportation service providers work to deliver transportation solutions to maximize service at the lowest cost through people, process, and technology. The process involves investigating the current transportation activities and engaging in new opportunities for cost-savings while optimizing service levels. A recent ARC Strategies study on managed transportation services found, on average, MTS can save a company between 2 and 10 percent of its transportation spend.

Why Now is the Perfect Time to Benchmark and Bid Your Carrier Rates

Talking Logistics

In today’s highly competitive marketplace, understanding how your company’s procurement strategy and results compare with industry peers is critical. Whether you need to inform management that your performance is superior or has improved, or identify opportunities in the procurement process to drive additional economic value – there is no better time to benchmark and bid your carrier rates than now.

The Supply Chain Game Changer Job Board!

Supply Chain Game Changer

It includes functional areas such as Procurement, Purchasing, Freight, Logistics, Planning, Material Handling, Inventory Management, Cash Flow Management, Quality Management, Diversity, Customer Support, Systems Design and Deployment, Business Process Engineering, and Business Management.

Solving Franklin’s Freight Dilemma: Cure or Prevent Disruptions?

Supply Chain @ MIT

Walmart Stores and the MIT FreightLab have collaborated to create a tool that reduces truck transportation planning time and lowers costs. This may be a great rule of thumb for life generally, but not necessarily for freight transportation. Road to resilience.

Why is Supply Chain Such a Great Career Path?

Supply Chain Game Changer

Some people want physical activity, some want something more intellectual or analytical, and still others want some combination of both. supplychainmanagement #humanresources #procurement #logistics #jobs. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

Supply Chain Predictions!

Supply Chain Game Changer

Check out Procurement Experiences, Trends and the Future! Advanced Analytics will support real-time decision making based on data captured across the supply chain. With analytics, businesses can more effectively predict and fill demand. Subscribe Here! Email Address.

Chainalytics Helps Cosmetic Giant Consolidate Business Unit

CHAINalytics

Chainalytics’ transportation experts worked with a leading global cosmetics manufacturer to reduce costs and increase efficiency across its U.S. transportation network.

Blockchain Comes to the Freight Industry

Supply Chain Brain

Just look at some of the names that have joined the Blockchain in Transportation Alliance (BiTA) since the group’s formation last August: FedEx , BNSF Railway , C.H. Fuller, who is also chief executive officer of freight market analytics provider FreightWaves , saw the suitability of a technology that originally was created to support the trading of Bitcoin and other cryptocurrencies. At the same time, blockchain isn’t the answer for all freight-oriented activities.

Are These the 5 Biggest Fallacies in Supply Chain or is it Fake News?

Supply Chain Game Changer

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. This one is a bit of a sacred cow in the world of Supply Chain analytics. For example, if a company is measuring their Procurement function on price, and they source materials based on price without emphasizing quality, this can harm manufacturing will still making it look like Procurement is succeeding. Argentus is a boutique recruitment firm focused on Supply Chain and Procurement.

What Value Are You Getting From Planning?

Supply Chain Shaman

Spiraling transportation costs, tariff shifts and increased expectations for customer service sparks new interest in supply chain planning. Outsourcing–procurement, manufacturing and transportation– decreased visibility and increased data latency.

Real-time Capacity Matching: Making Brokers More Efficient

Talking Logistics

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. Demand for these solutions, from both shippers and brokers, continues to grow because companies want to identify and implement better ways to plan and execute their transportation and logistics operations, which is what ultimately delivers value.

Going Beyond Brokerage: How North American Capacity Solutions Can Go to Work for You

Talking Logistics

While these approaches can certainly deliver a significant return on investment (ROI), other strategies that can positively impact their transportation network are often overlooked – for example, thinking more strategically about capacity. 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.

Insights from MercuryGate User Conference 2014

Talking Logistics

What do you get when you bring together shippers, logistics service providers, and a transportation management system (TMS) vendor in New Orleans? 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.

6 More Logistics Technology Trends Enabling Success in 2018

Cerasis

However, logistics focuses expressly on the movement and storage of products, while the supply chain goes into deeper detail, including manufacturing processes, procurement, and the flow of goods. TMS Transportation Management

Trends 275

Oil & Gas Companies Focus on Eliminating Supply Chain Waste

Talking Logistics

One area where significant waste exists is transportation management. Simply put, many oil and gas companies manage their transportation operations in a highly decentralized and fragmented manner with little or no technology. Business Intelligence and Analytics.

This Week in Logistics News (May 7-11, 2018)

Talking Logistics

Freight Operators Dismiss Threat of Digital Startups (WSJ – sub. Kuebix Surpasses 10,000 Companies Using Its Transportation Management System (TMS). Rail, One of the Transportation Granddaddies, Still Relevant.

This Week in Logistics News (June 20-24, 2016)

Talking Logistics

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.

Letter from the CEO: 2019 Outlook & Strategies to be Successful

Transplace

The confluence of a high performing economy with finite trucking capacity that had already been impacted by regulatory changes, a driver shortage and severe weather events, resulted in capacity constraints and, ultimately, exorbitant freight costs. Freight costs will become more manageable.

The History of Supply Chain Management! (Infographic)

Supply Chain Game Changer

Operations Research began when scientists demonstrated the value of analytics in the study of military logistics problems in the 1940s as a result of the complex requirements of World War II. Check out Why don’t you have a TMS (Transportation Management System) Solution yet? .

Experts Choice Of Top Online Logistics Resources

Freightos

Transport Intelligence, the well-respected U.K. So much so that it is split into seven topics – aircrafts, airports, capacity and demand, carriers, freight trends, traffic and viewpoints. Transport Topics. American Journal of Transportation. Air Transport World.

Why Blockchain Within The Supply Chain Makes Perfect Sense

Cerasis

Democratizing purchase orders or predictive analytical data such as Point of Sale information can dramatically improve demand visibility, while reducing the negative consequences of poor forecasting such as the Bullwhip Effect. Outcomes: reduction in delays/human error in paperwork, visibility into procurement, international compliance. Twitter LinkedIn The post Why Blockchain Within The Supply Chain Makes Perfect Sense appeared first on Transportation Management Company | Cerasis.

Supplier Risk Management: 4 Things To Look Out for During On-Site Evaluations

Cerasis

” In the process of business procurement and especially in the supply chain, supplier risk management is a skill set that needs focus day in and day out. Specifically, in the transportation and logistics industry it can be very beneficial to visit your carriers in person.

Brilliant Logistics Life Hack for Transportation Planners in 2019

Supply Chain Collaborator

The following logistics life hack, specifically directed at transportation managers, presses an existing TMS element into service in an unexpected, unorthodox way and promises to save shippers significantly on freight costs by providing an innovative way to validate rates in a volatile environment. First, realize that you’re already primed to overspend on truckload freight in 2019.

Twitter Insights from GT Nexus Bridges 2015 Conference

Talking Logistics

One area in particular, which both Sean Feeney and Kurt Cavano (Vice Chairman and Chief Strategy Officer at GT Nexus) highlighted in their keynote presentations, is Transportation Management Systems (TMS). On top of this platform, GT Nexus has provided various transportation management applications, such as transportation sourcing, which has been a strength for the company, especially in facilitating ocean transportation bids. Freight Audit and Pay.

Data Driven Logistics: Using Visibility for Better Customer Experience

20Cube Logistics

This helps organisations achieve efficiency and cost-effectiveness, helping them transform their supply chain processes by better forecasting and procurement planning. . 20Cube Logistics is a global freight forwarding, Customs clearance, and warehousing service provider.

Data 78

Inbound logistics requirements for the new automotive supply chain

The Network Effect

Earlier we discussed the fact that the “procure to pay” business transaction cycle includes transportation events such as tendering, pick up, in transit, dock scheduling and deliver along with full track and trace. SMMT/Ltd Flickr.