Talking Logistics

MAY 7, 2019

Transportation cost savings is usually cited as the number one reason companies invest in a transportation management system (TMS), but does the value go beyond that? During our conversation, Chris shared some insights and advice from some TMS benchmarking studies he conducted recently. Transportation benchmark studies.

Transportation Management 101

Transportation Management Demand Planning Software Transportation System 101

Talking Logistics

OCTOBER 28, 2014

Shipper demand and carrier availability have come back into balance after several years of excess capacity. But there are a number of ways you can prepare to lessen—and possibly avoid—the impact of fewer drivers and the resulting capacity crunch. Business has been improving for the U.S. trucking industry. That means you have a problem.

Expense Reduction 197

Expense Reduction Cost Reduction Strategies Price Reduction Capacity 197

Logistics Viewpoints

JULY 1, 2020

As the supply chain world continues down its digital transformation path, digital brokers can play an integral role in easing capacity constraints, opening up new lanes, and providing a benchmarking tool for shippers. More and more TMS suppliers are integrating digital marketplaces into their core TMS offering.

Freight 256

Freight Benchmarking Supply Chain Software Logistics Network Optimization Software 256

Logistics Viewpoints

SEPTEMBER 4, 2023

Procuring transportation for freight is much different than any other procurement category. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. The transportation team supports 13 production facilities. There are different tools, goals, and market dynamics.

Procurement Solutions 203

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 203

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

It serves as the compass guiding shippers toward efficient, economical, and dependable cargo transport. By crafting a well-defined strategy, businesses can mitigate transportation costs, mitigate supply chain disruptions, and uphold customer satisfaction. At the heart of it all, an effective procurement strategy remains paramount.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

Logistics Viewpoints

MARCH 23, 2022

I am continuing to work on my latest Transportation Execution and Visibility Systems study, which looks at the total size of the market, the forecasted growth through 2026, and the leading suppliers across a number of categories including industry, region, customer size, and mode. These changes can add significant time to the ETA.

Real-time Visibility 213

Real-time Visibility Analytics Software Forecasting Software Predictive Analytics Software 213

The Logistics of Logistics

JULY 27, 2022

and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. Mark’s 34 years in transportation and logistics includes experience with Transplace, where he held the position of Sr. Hunt Transport, Inc. in Transportation and Logistics from Arkansas State University.

Logistics Network Optimization Software 185

Logistics Network Optimization Software Supply Chain Network Software Analytics Software Modeling Software 185

Talking Logistics

SEPTEMBER 6, 2016

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.

Optimal Sourcing 100

Optimal Sourcing Logistics Network Optimization Software Transportation Cost Reduction Strategies 100

Logistics Viewpoints

MAY 1, 2023

On April 4 th , Kyle Masters – the senior manager of transportation procurement at Simmons Foods, participated in a webinar hosted by Emerge. The webinar focused on Simmons Food’s approach to transportation procurement. The transportation team supports 13 production facilities. He ran a network RFP (request for proposal) event.

Food 211

Food Transportation Supply Chain Network Software Logistics Network Optimization Software 211

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. Trucking, air, rail, and ocean freight are all flux markets that are controlled by capacity. embarrassed.

Benchmarking 40

Benchmarking Purchasing Training Negotiating Skills Cost Reduction Strategies 40

Logistics Viewpoints

JANUARY 10, 2024

While the supply chain pressures that have built up over the last two years continue to abate as transportation capacity problems ease and consumption shifts from goods to services, newer challenges and opportunities lie ahead. Most recently, APQC has conducted best practice and benchmarking research on last mile delivery.

Logistics Network Optimization Software 246

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Predictive Analytics Software 246

DAT Solutions

JANUARY 31, 2019

Especially with the ELD mandate, we need to inform our suppliers and distribution centers that their receiving hour window may no longer be conducive to transporting freight. 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.

Capacity 80

Capacity Portland Manufacturing Procurement Austin 80

The Logistics of Logistics

NOVEMBER 17, 2021

that is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. George Abernathy and Joe Lynch discuss the state of the industry. About George Abernathy.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Modeling Software Demand Planning Software Supply Chain Network Software 130

DAT Solutions

JANUARY 31, 2019

Especially with the ELD mandate, we need to inform our suppliers and distribution centers that their receiving hour window may no longer be conducive to transporting freight. 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.

Capacity 70

Capacity Portland Manufacturing Procurement Austin 70

Talking Logistics

MARCH 24, 2015

This time of year, many shippers are reviewing and updating their transportation plan for the back half of the year and many will be considering issuing RFPs for new or changed capacity needs. Known market conditions, risks, or recent changes of capacity availability, such as loss of incumbent carrier(s) capacity.

Expense Reduction 100

Expense Reduction Price Reduction Transportation Cost Reduction Strategies 100

Intelligent Audit

DECEMBER 22, 2020

The key to better logistics is a streamlined system that utilizes business intelligence and processes that yield transportation optimization. Now, enterprises worldwide are turning the tables and looking for ways to enable continuous transportation optimization using a combination of technology and expert provided solutions.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Analytics Software Supply Chain Software 52

Talking Logistics

MAY 31, 2023

Transportation executives have always been tasked with developing annual strategies and execution plans. And since the transportation market is cyclical, with swings in demand and capacity, every year presents new challenges. Read more The post What Dominates the Transportation Management Agenda in 2023?

Transportation Management 191

Transportation Management Transportation Capacity Demand Planning Software 191

The Logistics of Logistics

JULY 21, 2021

Lisa is an Industry Consultant at CarrierDirect which is a consulting firm supporting the transportation and industry, logistics, warehousing, supply chain and also provide technology support. Lisa Bruno brings 15+ years of transportation logistics experience to the podcast. About Lisa Bruno.

Scenario Planning 130

Scenario Planning Freight Supply Chain Planning Software Vendor Strategies 130

E2open

JANUARY 19, 2023

This implies planners are still booking earlier to avoid potential delays at the port of arrival or overland transport. While it is the most cost-effective transportation mode, ocean shipping has been in a constant sea of change. View the latest e2open Ocean Shipping Index at e2open.com.

Logistics Network Optimization Software 148

Logistics Network Optimization Software Supply Chain Network Software Predictive Analytics Software Demand Planning Software 148

Talking Logistics

JANUARY 28, 2015

Building a strong transportation management foundation is a critical prerequisite for companies to execute their supply chain strategies and achieve their growth and financial objectives. When it comes to transportation management, what are the attributes or components of a solid foundation? Then look at how to deploy the strategy.

Transportation Management 100

Transportation Management Price Reduction Cost Reduction Strategies Transportation 100

Supply Chain Shaman

SEPTEMBER 3, 2015

This morning, unexpectedly, I found myself in the middle of a debate between my two panelists on the Planning Benchmarking Panel for the Summit. Recently through my analysis of the planning benchmarking work, I have become fascinated on the role of inventory in the market-driven value network. This is a series of preparation calls.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Logistics Viewpoints

APRIL 24, 2023

The visibility to spend allows them to provide excellent benchmarking in several areas. And a new solution, that applies machine learning to making better ongoing transportation routing and mode decisions, is particularly interesting. As companies look at long term estimates of demand, they need to make capacity decisions.

Supply Chain Design Software 202

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 202

Logistics Viewpoints

FEBRUARY 22, 2023

There are a variety of ways that companies can manage their transportation spend. The three traditional methods are the use of a transportation management system (TMS), transportation execution system (TES), and managed transportation services (MTS). This means not having extra capacity that is going to waste.

Real-time Visibility 196

Real-time Visibility Capacity Supply Chain Planning Software Survey 196

CH Robinson Transportfolio

JUNE 9, 2022

Now you can obtain transportation services where you already operate as well. In fact, today you can procure freight rates from your transportation providers right in your TMS. Some of the most common use cases include: Capacity assurance in tight markets. Access capacity. Why supply chain connectivity is important.

Supply Chain Planning Software 70

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

Intelligent Audit

APRIL 22, 2021

Therefore, transportation professionals need to get the best rates possible. More capacity, more profits, and more service options are all worth paying attention to during your vetting process. There are different requirements for region transports than there are for cross-country or international shipping routes.

Negotiating Skills 52

Negotiating Skills Buyer Training Shipping Benchmarking 52

Freight Plus

SEPTEMBER 20, 2018

Moreover, market conditions like the trucking capacity crisis have shippers struggling to move freight on their own. Transportation management firms are businesses that are dedicated entirely to your supply chain and logistics. Here are 6 reasons why you need a transportation management firm: Technology. Scale & Negotiation.

Negotiating Skills 40

Negotiating Skills Pricing Training Transportation Management Purchasing Training 40

Parade

MARCH 18, 2021

Kinetic is committed to helping freight tech companies stand out by educating transportation providers on their freight tech options. Truckload pricing software is key to a broker’s ability to buy freight and sell capacity profitably in the daily spot environment. Why Do Truckload Rate Benchmarks Matter? Freightwaves SONAR.

Benchmarking 78

Benchmarking Forecasting Software Predictive Analytics Software Analytics Software 78

Parade

MARCH 18, 2021

Kinetic is committed to helping freight tech companies stand out by educating transportation providers on their freight tech options. Truckload pricing software is key to a broker’s ability to buy freight and sell capacity profitably in the daily spot environment. Why Do Truckload Rate Benchmarks Matter? Freightwaves SONAR.

Benchmarking 78

Benchmarking Forecasting Software Predictive Analytics Software Analytics Software 78

Parade

MARCH 18, 2021

Kinetic is committed to helping freight tech companies stand out by educating transportation providers on their freight tech options. Truckload pricing software is key to a broker’s ability to buy freight and sell capacity profitably in the daily spot environment. Why Do Truckload Rate Benchmarks Matter? Freightwaves SONAR.

Benchmarking 78

Benchmarking Forecasting Software Predictive Analytics Software Analytics Software 78

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. Rather, it’s important to try and find cost savings in other ways.

Cost Reduction Strategies 101

Cost Reduction Strategies Capacity California Electronics 101

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

Intelligent Audit

APRIL 20, 2021

Optimizing transportation spend management , especially within parcel shipping, comes down to effective contract negotiations. Shipping is subject to changing seasons and sudden swings in capacity. It’s important to consider your annual and off-season peaks/lulls that will affect overall capacity and surcharges too.

Negotiating Skills 59

Negotiating Skills Price Reduction Cost Reduction Strategies Benchmarking 59

Talking Logistics

NOVEMBER 17, 2015

Benchmark your operation using the selected metrics. There are two broad types of benchmarking: internal and external. Internal benchmarking refers to activities within the four walls of the enterprise. External benchmarking pertains to the world outside of your enterprise. A watching brief on industry trends.

Supply Chain Software 100

Supply Chain Software Supply Chain Optimization Supply Chain Strategy Supply Chain Network Software 100

Talking Logistics

AUGUST 21, 2018

Driver shortage is a major concern for companies striving to improve the performance of their fleet, according to a 2018 global benchmark study , conducted by Descartes, that surveys fleet managers from a wide array of industries and logistics providers. Key Trends Driving Change.

Cost Reduction Strategies 101

Cost Reduction Strategies Resource Reduction Logistics Network Optimization Software Supply Chain Planning Software 101

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. Risk control.

Price Reduction 101

Price Reduction Expense Reduction Waste Reduction Cost Reduction Strategies 101

Stord

JANUARY 22, 2018

It’s imperative for corporations to achieve the same capacity to react to market demands by improving their distribution efficiencies. Transportation costs are rising, causing distribution networks to move closer to their markets to reduce last-mile costs. Is the capacity available?

Network Optimization Software 78

Network Optimization Software Network Optimization Supply Chain Optimization Distribution 78

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