Intelligent Audit

APRIL 22, 2021

Shipping — oversized pallets and small parcels alike — continues to grow in complexity, and managing shipping loads can quickly morph into an expensive endeavor. Achieving that goal comes down to how effective one is with shipping contract negotiations. Provide Benchmarking Details to Show What You Expect From the Carrier.

Negotiating Skills 52

Negotiating Skills Buyer Training Shipping Benchmarking 52

AIMMS

OCTOBER 24, 2018

In 1966, HEINEKEN became one of the first Dutch companies to adopt container shipping. Decades later, they would debut a climate-efficient shipping route between their brewery and the port of Rotterdam. Can you tell me about HEINEKEN’s AIMMS-based Brewing Capacity Model? HEINEKEN is a very de-centralized company.

Modeling 120

Modeling Modeling Software Optimization Modeling Optimal Sourcing 120

The Logistics of Logistics

DECEMBER 5, 2022

In his current role as the Senior Director of Customer Strategy, Brad leads a team focusing on Solutions Architecture and Implementation Strategy whose mission is to work directly with shippers to bring efficiency to the capacity procurement process through technology. Emerge launches Benchmarking. Awarded Podcast.

Supply Chain Network Software 210

Supply Chain Network Software Logistics Network Optimization Software Sourcing Strategies Modeling Software 210

The Logistics & Supply Chain Management Society

MARCH 14, 2023

With constrained and somewhat erratic demand and supply – not just of products and materials but also capacity with carriers of all modes – rates have been extremely volatile. What tools we can use to benchmark ocean freight and carriers’ service reliability?

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. Shipping Frequency, Service Routing, Delivery Time, Compensation Clause, etc.,)

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

GlobalTranz

JULY 26, 2017

What happens when shippers simply forgo implementing shipping technology, and how can shape their future demise? Shippers Must Weigh In-House Versus Off-the-Shelf Shipping Technology Solutions. The first struggle with implementing shipping technology in an enterprise goes back to considering in-house versus outsourced tech solutions.

Analytics Software 122

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

Freight Plus

SEPTEMBER 25, 2018

Freight is a rapidly evolving market that is seeing changes in capacity, growth, routing, service, and technology. That's why we benchmark. Here are 5 reasons you should be benchmarking your carriers: Growth. Are you now drop shipping, plus going to warehouses, as well as distribution centers? embarrassed. Technology.

Benchmarking 40

Benchmarking Purchasing Training Negotiating Skills Cost Reduction Strategies 40

Logistics Viewpoints

MARCH 27, 2023

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. It is important to benchmark forecast accuracy and similar supply chain metrics against your peers.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

Logistics Viewpoints

SEPTEMBER 4, 2023

It can move quickly from a situation where there is too much capacity in the market and buyers having the whip hand, to a situation where shippers are begging carriers to take their loads at almost any price. Simmons uses dedicated contract carriers, a private fleet, and brokers for their shipping. The freight market is mercurial.

Procurement Solutions 203

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 203

DAT Solutions

JANUARY 31, 2019

If you're not flexible in making appointments that fit within the driver's hours of service, you're going to have trouble getting capacity. In the past a lot of the delays were because we had to take product off the truck and sort and segregate it before we marked it shipped in full. We've changed the ways we're ordering product.

Capacity 80

Capacity Portland Manufacturing Procurement Austin 80

DAT Solutions

JANUARY 31, 2019

If you're not flexible in making appointments that fit within the driver's hours of service, you're going to have trouble getting capacity. In the past a lot of the delays were because we had to take product off the truck and sort and segregate it before we marked it shipped in full. We've changed the ways we're ordering product.

Capacity 70

Capacity Portland Manufacturing Procurement Austin 70

Supply Chain Collaborator

JUNE 22, 2017

The large carrier had found a way to charge more than the contracted rate in this lane by declining the tender even though they had the capacity to move the load. Benchmarking. The post Stopping Shipping Shenanigans – The Value of Good Reporting in Your TMS appeared first on UltraShipTMS. Spot Quotes by Lane. EDI Errors.

Negotiating Skills 78

Negotiating Skills Report Shipping Supply Chain Software 78

Zipline Logistics

DECEMBER 2, 2019

What Does that Mean for Your Retail Shipping Efforts? There are many moving parts in retail shipping. What Does the Demand for Perfection in Retail Shipping Equate to? See what’s at stake when trying to ship perfect retail orders and how to avoid the potential for expensive problems. Complete Guide to Costco Shipping.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Shipping Retail 52

Intelligent Audit

APRIL 20, 2021

Optimizing transportation spend management , especially within parcel shipping, comes down to effective contract negotiations. Let’s take a closer look at six tips for negotiating small parcel contracts and how they can help your organization reduce shipping spend. Shipping is subject to changing seasons and sudden swings in capacity.

Negotiating Skills 59

Negotiating Skills Price Reduction Cost Reduction Strategies Benchmarking 59

Locus

SEPTEMBER 19, 2023

One key factor for this is consumer expectations continue to reach higher benchmarks. According to Statista, 68% of online shoppers expect free shipping/delivery and 37% expect next-day delivery. Shippers are already aware that the last mile is the most complex and expensive in the entire supply chain operations.

Report 52

Report UAE Expense Reduction Negotiating Skills 52

Oracle SCM

DECEMBER 7, 2015

In fact, research recently conducted by the National Retail Federation found 93 percent of online shoppers in the US intend to use a free shipping offer when shopping for Christmas gifts this year. Secondly, there is a major cost implication to free shipping that must be thought through with due care.

Shipping 60

Shipping Logistics Network Optimization Software Forecasting Logistics 60

Supply Chain Game Changer

NOVEMBER 11, 2020

For instance, reduced application of data may lead to over-ordering or under-ordering inventory, failure to hire enough seasonal workers, an inability to secure available shipping capacity, and more. Failure to monitor timely delivery after shipping will result in angry customers. Track delivery and delivery schedules.

Inventory Reduction 84

Inventory Reduction Supply Chain Strategy Price Mitigation Strategies Strategy 84

Logistics Viewpoints

NOVEMBER 23, 2020

Our inventories were in line with benchmarks, but we knew that intensifying the pace of launches could become challenging in the long run.”. Though service levels were already very good versus external benchmarks, the number of stockouts dropped a further 75% from 2016 levels. The results?

Customer Service 192

Customer Service Supply and Demand Logistics Network Optimization Software Supply Chain Planning Software 192

Stord

APRIL 13, 2023

Traditional WMSs are cumbersome, plaguing fulfillment centers with operational and labor inefficiencies, capacity constraints, billing leakage, and inaccuracies resulting in lost revenue, unnecessary operating costs, and unhappy customers.

Omnichannel 60

Omnichannel Inventory Management Software Supply Chain Network Software Demand Planning Software 60

GlobalTranz

DECEMBER 29, 2015

Transportation Industry Braces for a Looming Transportation Capacity Crunch Crisis in 2017. The concern and dialog about the transportation capacity issues for our country have bridged the past two decades and beyond. However, it’s important to review your pattern of freight spend in relation to sales so that you may set a benchmark.

Transportation Management 120

Transportation Management Transportation Cost Reduction Strategies Sourcing Strategies 120

GlobalTranz

JULY 13, 2015

On-Time Shipping. This involves monitoring for the late departure of shipping containers as well as premature completion of a specific freight loading time. Monitor Warehouse Capacity. The 26 th State of Logistics Report found that many warehouses are operating at, or near, capacity. Identify Peaks in Warehouse Capacity.

Procurement Analytics 120

Procurement Analytics Metrics Distribution Inventory Reduction 120

Talking Logistics

MAY 10, 2018

According to the Journal of Commerce , the ELD mandate is “making a bad situation worse for shippers,” and forcing them to “pay more, speed up loading and unloading, and dig deeper into routing guides to find capacity.” Rate Increases and Tightening Capacity. For example, can you ship on different, cheaper days of the week?

Cost Reduction Strategies 101

Cost Reduction Strategies Capacity California Electronics 101

GlobalTranz

MAY 26, 2017

With the rise of Amazon, consumers have also been able to access an endless product array at historic, record-low shipping costs. Free shipping. Immediate shipping. Alight shipping strategy with retail strategy. So, third-party companies can provide better benchmarking, analysis and reporting of actions in your company.

Cost Reduction Strategies 166

Cost Reduction Strategies Expense Reduction Logistics Network Optimization Software Negotiating Skills 166

The Logistics of Logistics

JANUARY 26, 2016

They allow you to set benchmarks and improve your business practices. Your capacity to meet customer demands hinges on your ability to accurately report inventory. Equally important to proper warehouse management is shipping. Your goal should be to reduce shipping costs and increase shipping speed. 
5. Author Bio.

Warehousing 100

Warehousing KPI Inventory Reduction Cost Reduction Strategies 100

CH Robinson Transportfolio

JUNE 9, 2022

Some of the most common use cases include: Capacity assurance in tight markets. If your business is like many today, you’re under more pressure than ever to save time, reduce costs, and do more with less—all while navigating shifts in demand and capacity availability. Access capacity. Benchmarking and analysis.

Supply Chain Planning Software 70

Supply Chain Planning Software Demand Planning Software Analytics Software Optimization Software 70

Freightos

FEBRUARY 22, 2024

This week’s renewed aggression on commercial vessels though, including one that led, for the first time, to an abandoned ship , may suggest that there is still a long way to go. The longer transits have absorbed much of the excess capacity that characterized the container market before the Red Sea disruptions.

Price Reduction 177

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 177

Talking Logistics

FEBRUARY 13, 2015

Bigger Container Ships Pose Bigger Risks (WSJ – sub. Chainalytics Introduces FMIQ Monthly Benchmarking Index. With more than 30 cargo ships anchored offshore, countless supply chains scrambling, and the prospect of a $2 billion per day hit on the U.S. Robinson’s TMC Division Enters South American Marketplace.

Logistics Network Optimization Software 100

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

TMC

SEPTEMBER 27, 2018

While shippers face the difficult market conditions of tight capacity and increased consumer demands, they are also being challenged to find transportation cost savings and improve customer satisfaction. As shippers compete for capacity, many are asking what they could be doing to secure the best truckload performance and rates.

Optimal Sourcing 62

Optimal Sourcing Negotiating Skills Negotiate Pricing Price Reduction 62

Talking Logistics

JULY 5, 2018

The key to a great truckload strategy is aligning capacity communities with attribute segments of your freight portfolio. Volume in and of itself isn’t attractive to the capacity community. If you can provide what they seek, you will receive attractive pricing, capacity commitments, and top route guide performance.

Price Reduction 101

Price Reduction Expense Reduction Waste Reduction Cost Reduction Strategies 101

Supply Chain Matters

AUGUST 11, 2022

One of the benchmarks we referenced as part of our prediction was The World Container Index , a measure of container shipping rates among eight major global transshipment lanes, which is published by Drewry Shipping Consultants. Mid-Year Global Transportation Assessment. We referenced legislative efforts such as the U.S.

Predictive Analytics Software 52

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

Freightos

JANUARY 28, 2016

Data savvy shippers are collaborating with other shippers to reduce spend, crunching big data to benchmark freight rates to make the right freight decisions. Data savvy shippers are collaborating with other shippers to reduce spend, crunching big data to benchmark freight rates to make the right freight decisions.

Predictive Analytics Software 120

Predictive Analytics Software Freight Purchasing Skills Price Reduction 120

Freightos

JANUARY 28, 2016

Data savvy shippers are collaborating with other shippers to reduce spend, crunching big data to benchmark freight rates to make the right freight decisions. Data savvy shippers are collaborating with other shippers to reduce spend, crunching big data to benchmark freight rates to make the right freight decisions.

Predictive Analytics Software 120

Predictive Analytics Software Freight Purchasing Skills Price Reduction 120

MIT Supply Chain

APRIL 3, 2014

New benchmarks for excellence. Now the differentiators are more strategic: benchmarking, innovation, and network modeling, for example. We have a shipping community that is dialed into using technology and trying to make sure that they bid everything electronically.” Here are some highlights from his talk.

Negotiating Skills 105

Negotiating Skills Logistics Network Optimization Software Price Reduction Expense Reduction 105

I.C.E. Transport

JUNE 27, 2023

Over the past year, we’ve seen container rates plunge more than 75% due to slackening demand for capacity. If you’re a global shipper – large or small – you’re likely already reaping the benefits as ocean carriers and freight forwarders slash their prices to match market rates. But how do you know if you’re getting the best deal?

Benchmarking 52

Benchmarking Freight Capacity Global 52

Supply Chain Shaman

JANUARY 19, 2015

The ports of Long Beach and LA, representing 40% of port capacity in the United States, are gridlocked. Today, on average, there are 10-25 ships sitting on the water waiting to unload. Yes, there was lots of the usual hype coming from NRF, and CES conferences filling the airways. The port is landlocked.

Long Beach 150

Long Beach Supply Chain Planning Software Supply Chain Design Software Buyer Training 150

Supply Chain Collaborator

AUGUST 30, 2018

Parcel shipping support. Ability to benchmark data. Access to multiple public and private bid boards to assess capacity. Global logistics functionality. Ability to provide business intelligence. Integrated freight management services. Fleet capabilities. Equipment maintenance schedules. Multi-modal capabilities.

Logistics Network Optimization Software 81

Logistics Network Optimization Software Supply Chain Software Supply Chain Planning Software Sourcing Strategies 81

Locus

DECEMBER 7, 2021

million barrels of oil a day go through the canal, according to shipping journal Lloyd’s. This issue has affected shipping goods from Asia to Europe and the Middle East. 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