Tompkins Blog

MARCH 13, 2014

RALEIGH, NC — Shippers and carriers this year can expect to see many new trends related to transportation, as well as a continuation of several critical challenges from 2013. Trends in the Transportation Industry , a report by Tompkins Supply Chain Consortium, pulls back the curtain on today’s hottest transportation issues.

Report 67

Report Transportation Raleigh Supply Chain Network Software 67

The Network Effect

OCTOBER 26, 2015

So far, we’ve covered order promising and delivery , replenishment planning and distribution services , supply chain benchmarking , orchestration , and harmonization. . The contract separates the transportation from COGS so that the most cost-effective transportation approach can be used.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Planning Software Scenario Planning Supply Chain Planning 100

ThroughPut

DECEMBER 6, 2023

Businesses can access historical data, market trends, and other external factors and, by plugging in predictive analytics, gain invaluable insights that streamline inventory management, demand forecasting, transportation planning, risk mitigation, and overall decision-making processes.

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

GlobalTranz

JULY 26, 2017

Through advanced transportation management systems ( TMSs ) and greater automation, shippers can reap an unparalleled competitive advantage. Standards in TMS Capacity and Profitability Have Evolved. Standard TMS capacity is changing. appeared first on Transportation Management Company | Cerasis. Compliance.

Analytics Software 122

Analytics Software Supply Chain Design Software Demand Planning Software Logistics Network Optimization Software 122

CH Robinson Transportfolio

JANUARY 25, 2018

Efficiently utilizing capacity. Since around 2011, when the recession started to improve, we’ve gotten used to seeing extremely efficient use of for-hire capacity. According to FTR Transportation Intelligence , it’s been common to see truckload utilization over 95%. Labor availability influences capacity.

Trends 34

Trends Manufacturing Procurement Purchasing Skills Price Reduction 34

GlobalTranz

JANUARY 10, 2017

Of course, the human controlling capacity for actual AI is still far from realistic, but the concept of a superior AI did make strides this year. For example, planning, purchase order placement, manufacturing floor information logistics operations and beyond became essential variables in the goal of creating a more agile supply chain.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Optimal Sourcing Procurement Analytics 120

Zipline Logistics

MARCH 30, 2021

“Eight of the 15 markets that we monitor as a broad, representative benchmark were positive on a week-over-week basis,” states Seth Holm of Freightwaves. Truck manufacturers also find it challenging to keep up with demand, and waitlists for driver courses continue to increase. ” Here is a look at why. .

Freight 52

Freight Manufacturing Procurement Los Angeles Purchasing Skills 52

Talking Logistics

NOVEMBER 28, 2017

Potts also pointed to the growing economy and growing manufacturing activity as other factors leading to tighter trucking capacity. But the part I found most interesting was his comments about tapping into the long tail of carrier capacity, citing Uber Freight as an example. What’s new and different today? “I

Capacity 101

Capacity Supply Chain Network Software Real-time Visibility Manufacturing Procurement 101

ToolsGroup

JULY 26, 2016

The Boston Consulting Group said at the 2015 Grocery Manufacturers Association/Food Marketing Institute (GMA/FMI) supply chain conference that 22% of polled respondents said less accurate forecasts were one of their top hurdles to improving service. Steutermann calls this “ shifting from sell-in to sell-through ”.

Forecasting 120

Forecasting Supply and Demand Optimal Sourcing Inventory Reduction 120

GlobalTranz

JULY 13, 2015

Many of the following distribution center metrics to track closely mirror those found within transportation and manufacturing, but this listing will focus on those involved in distribution centers. Monitor Warehouse Capacity. The 26 th State of Logistics Report found that many warehouses are operating at, or near, capacity.

Procurement Analytics 120

Procurement Analytics Metrics Distribution Inventory Reduction 120

The Logistics & Supply Chain Management Society

JULY 14, 2021

With a network-based strategy, you not only see the logistics, transportation planning, and execution, but you can also see the order. A network platform gives you the ability to see transportation logistics and orders in the same transaction. They were typical, carrying 65 days of inventory from retail up through manufacturing.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Network Software Optimization Software Network Optimization 130

BlueYonder

JULY 14, 2021

It’s because we’ve been panicked over the past 18 months that our progress may have taken a back seat during the COVID-19 outbreak when manufacturers, distributers and retailers were so focused on simply getting the basics — like toilet paper — to consumers. Waste Reduction. Sourcing Lanes.

Supply Chain Planning Software 52

Supply Chain Planning Software Sustainability Waste Reduction Supply Chain Optimization 52

Locus

DECEMBER 7, 2021

Transportation: Trade routes blockage – Congestion at ports. This factor would vary with the mode of transportation we choose and also how optimized our routing is. Supply chain risk management maturity levels define how well a company has developed the risk management processes in comparison to industry benchmarks.

Supply Chain Disruption 52

Supply Chain Disruption Optimal Sourcing Modeling Supply Chain Planning Software 52

GlobalTranz

DECEMBER 1, 2014

2014 is coming to a close and as we herald in the New Year, shippers (manufacturers, retailers, and distribution centers) around the country are busy gearing up for the holiday season and have holiday logistics best practices on the brain. Benchmark DC Systems to Handle the Volume.

DC 244

DC Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Planning 244

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

AFFLINK

OCTOBER 27, 2016

Benchmark oil prices have been experiencing a downward trajectory in the last couple of years, thanks to the shale gas revolution in the United States as well as the OPEC-initiated strategy to maintain a certain production level in order to force out high-cost supplies. Emerging Technologies.

Cost Reduction Strategies 48

Cost Reduction Strategies Price Reduction Inventory Reduction Vendor Strategies 48

GlobalTranz

DECEMBER 10, 2015

2015 is coming to a close and as we herald in the New Year, shippers (manufacturers, retailers, and distribution centers) around the country are busy gearing up for the holiday season and have holiday logistics best practices on the brain. Benchmark DC Systems to Handle the Volume.

DC 120

DC Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Planning 120

Freight Plus

JANUARY 8, 2019

Slower manufacturing growth as well as elevated tariffs and interest rates could all cut into demand, Supply Chain Dive reports. Nearly half a million truck orders were placed in 2018 as carriers aim to solve capacity issues and take advantage of tax incentives associated with upgrading their fleets.

Supply Chain Software 40

Supply Chain Software Supply Chain Planning Software Supply Chain Planning Supply Chain Optimization 40

Supply Chain Collaborator

JANUARY 11, 2019

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. You’re just not seeing it yet!

Logistics Network Optimization Software 79

Logistics Network Optimization Software Transportation Negotiating Skills Logistics 79

Shipsy

MAY 28, 2021

The outbreak has also made it clear that digitization of the last-mile processes and the overall logistics and transportation system will be the key to shape the future of e-commerce, manufacturing, food & grocery, courier & express delivery, and other industries. Let’s check out the other last mile delivery trends for 2021.

Modeling Software 52

Modeling Software Trends Analytics Software Supply Chain Design Software 52

Supply Chain Game Changer

FEBRUARY 27, 2019

Risk management strategies of yesteryear are ineffective in the changing landscape, and no type of transport can avoid risks. For instance, the bankruptcy of South Korea’s 7th largest shipping company (Hanjin Shipping) led to a dramatic reduction in global supply chain shipping capacity. Transport Loss.

Supply Chain Planning Software 57

Supply Chain Planning Software Resource Reduction Price Reduction Waste Reduction 57

GlobalTranz

APRIL 9, 2015

Expected Transportation Capacity Issues. The concern and dialog about the transportation capacity issues for our country have bridged the past two decades and beyond. We have heard so much over the years about a coming capacity crunch crisis , many argue if crisis is the proper terminology.

Capacity 120

Capacity Transportation Cost Reduction Strategies Resource Reduction 120

Supply Chain Shaman

AUGUST 14, 2016

Instead, companies link suppliers to multiple signals: manufacturing production plans; distribution requirements; and current inventory positions, to help suppliers better plan for supply. The design of buffer strategies–capacity, inventory, and supplier relationships–to absorb demand and supply variability.

Material Savings 181

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 181

BlueYonder

JULY 25, 2017

The shifts in manufacturing and retail business models, enhanced delivery models, such as last mile and click and collect, along with the innovative advances in technologies, have created significant opportunities for 3PL companies. 3PLs are Facing Capacity and Cost Pressures. The Percentage Gap. Learn more by contacting JDA today.

Third Party Logistics 42

Third Party Logistics Modeling 3PL Modeling Software 42

Logility

DECEMBER 15, 2023

Demand-based manufacturing In some supply chains, manufacturing facilities operate independently. The optimal approach to manufacturing planning is leveraging demand, inventory, and replenishment plans to synchronize how much product should be produced to minimize cost while meeting customer service goals.

Optimal Sourcing 175

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 175

BlueYonder

JULY 25, 2017

The shifts in manufacturing and retail business models, enhanced delivery models, such as last mile and click and collect, along with the innovative advances in technologies, have created significant opportunities for 3PL companies. 3PLs are Facing Capacity and Cost Pressures. The Percentage Gap. Learn more by contacting JDA today.

Third Party Logistics 40

Third Party Logistics Modeling Modeling Software 3PL 40

Logistics Bureau

NOVEMBER 16, 2020

Another option is to work in a warehouse, or in transport, or maybe in customer service where you are dealing with people all the time. A common route into supply chain management is a bachelor’s degree in supply chain management, logistics, or international transport. Track KPIs and benchmark the supply chain’s performance.

Supply Chain Planning Software 96

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

The Logistics & Supply Chain Management Society

NOVEMBER 25, 2023

50% of the interviewed companies have implemented re-shoring initiatives in the last 3 years for up to 20% of their Asia-based production capacity. The proximity to main customers, a more resilient value chain and reduction of transportation costs favor decentralisation of production.

Cost Reduction Strategies 274

Cost Reduction Strategies Waste Reduction Europe Pharmaceutical 274

Freight Plus

FEBRUARY 5, 2019

2019 is going to perform above benchmark,” said Donald Ratajczak as reported by the JOC. We’re not fine, we’re not good,” said Walter Kemmsies, economist at JLL, “Even if a US-China agreement leads to more US exports, the US lacks transportation infrastructure needed to a support a more export oriented economy,”.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 40

Zipline Logistics

DECEMBER 2, 2019

One of the most consistent ways to find savings in transportation is through flexibility. But in the world of retail transportation, very few shippers have the ability to be flexible with their deliveries. A manufacturer of health-conscious snack foods was shipping product to its retail customer in Chino, CA.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Shipping Retail 52

ToolsGroup

APRIL 1, 2022

Increased Shipping Costs, Delays, and Transportation Issues. 49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market. Within a week of Russian troops crossing into Ukraine, the benchmark for thermal coal prices reached a record high of $446 per metric ton.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Logistics Viewpoints

JULY 19, 2023

Most recently, the APQC has conducted best practice and benchmarking research on environmental sustainability. One area of concern for the long-term health of the world is the use of packaging in both the manufacturing and shipping of products. However, as the use of e-commerce increases, so does this percentage.

Sustainability 193

Sustainability Optimal Sourcing Logistics Material Savings 193

NC State SCRC

MARCH 9, 2016

As a young assistant professor at Michigan State University, I was part of a group called the Global Procurement Benchmarking Initiative, led by Professor Robert Monczka. I had the opportunity to also witness the evolution of the field now known as “supply chain management” over the past 25 years.

Optimal Sourcing 40

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 40

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

Truck capacity shortages occur as carriers shift resources to provide recovery support to affected areas. The tight capacity and shipping downtime can increase rates and severely disrupt freight flow for months. The issues of labour and transportation costs, along with capacity, will beleaguer everyone.

Predictive Analytics Software 130

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Prescriptive Analytics Software 130

Arkieva

APRIL 21, 2016

The flexibility will come from multi-sourcing, ample capacity, fast transportation modes, … this flexibility will come at a cost. Figure 5 is showing the same, but again maps it in 3D, as we did in our blog “ Benchmarking and the Best Practice Frontier in the Supply Chain Triangle ”. the first i-pad) comes with a high error.

Inventory Reduction 60

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 60

Supply Chain Movement

JUNE 11, 2014

It consolidated Cargill’s global animal feed production and strengthened its internal supply chain capacity for food production and processing. We align our supply chains along these strategies and, at the same time, we aim for lean and/or agile manufacturing. All three should be in balance.”.

S&OP 107

S&OP Supply and Demand Material Savings Sourcing Strategies 107

FLEXE

MARCH 21, 2017

From electronic document management to real-time visibility into transportation logistics, software is modernizing the supply chain. Whether you’re an organization in need of capacity and fulfillment services or a business that has some to spare, FLEXE’s marketplace helps you find what you need. On-demand warehousing is no different.

Warehousing 31

Warehousing Price Reduction Demand Planning Software Supply and Demand 31