Global Trade Management

NOVEMBER 9, 2016

Real-time cargo tracking and monitoring improves in-transit visibility Today the true visibility into the movement of goods is still minimal and mostly done via processes heavily dependent on phone calls and email communication. Do you know where is your cargo and what is happening to it at this very moment?

Real-time Visibility 40

Real-time Visibility Supply Chain Visibility Supply Chain Software Supply Chain Optimization 40

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. The initiative comes in the wake of COVID-19 supply chain challenges that left consumers facing empty retail shelves as panic and increased buying depleted inventory reserves.

Freight 52

Freight Manufacturing Procurement Los Angeles Purchasing Skills 52

Supply Chain Game Changer

FEBRUARY 27, 2019

Inventory Turnover Breakthrough … Go Back To The Basics! Capacity fell by 3 percent, and up to $14 billion in cargo was unable to dock. Benchmark ocean freight rates to know if you are getting a competitive price. Furthermore, shippers should purchase cargo or freight insurance where possible to create a safety net.

Supply Chain Planning Software 57

Supply Chain Planning Software Resource Reduction Price Reduction Waste Reduction 57

Supply Chain Opz

NOVEMBER 9, 2014

Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times. Reducing lead times from suppliers can help turn inventory faster, freeing up cash and ultimately satisfying customers. These are three examples: Rule 3.1:

Waste Reduction 274

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

Freightos

NOVEMBER 10, 2020

It wasn’t all rosy though; FBA imports dropped off in July and August, likely in response to new restrictions Amazon placed on how much inventory third party sellers can hold in its warehouses. . With passenger jets and their bellyhold cargo capacity missing, air cargo rates reached record highs as well.

Los Angeles 156

Los Angeles China Cargo Warehousing 156

MIT Supply Chain

MAY 8, 2013

How many shipments are delayed, for example, because the contractual penalties for a carrier failing to a load a box onto a vessel or for a shipper not providing the agreed cargo on time are too weak to deter these practices? How much inventory could be better managed in this segment if there was better visibility into end-to-end cargo flows?

Supply Chain Design Software 63

Supply Chain Design Software Analytics Software Price Reduction Industrial 63

CH Robinson Transportfolio

DECEMBER 13, 2016

Let’s take a look at three companies that have moved beyond some of the basic best practices like rate benchmarking and constrain based bids. Let’s not forget, they also saved six figures in cargo claims and reshipments. Another customer faced climbing inventory carrying costs. A heavy equipment company focuses on claims.

Mexico 34

Mexico Expense Reduction Cost Reduction Strategies Inventory Reduction 34

ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. 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

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

but when demand slowed, the pressure to reduce inventory becomes a lot higher. Supply chain visibility provides the ability to view and track inventory in real-time or near real-time across all modes from raw materials to finished goods at the customers door. 2022 ocean schedule reliability dropped to 30%.

Rail Software 244

Rail Software Real-time Visibility Supply Chain Planning Software Predictive Analytics Software 244

Enterra Insights

SEPTEMBER 18, 2018

Surrett explains, “When shipping documents misreport significant attributes of cargo, the resulting inaccurate or false billing can prompt additional carrier charges. Lack of Benchmarking. Surrett writes, “It’s important to validate the true value by benchmarking against others in the sector. Inaccurate Billing.

Supply Chain Software 100

Supply Chain Software Waste Reduction Inventory Reduction Price Reduction 100

Intelligent Audit

FEBRUARY 3, 2022

Carriers bill customers based not only on shipment quantity but also cargo weight, can result in overcharges if incorrect. Such errors could also result in additional problems managing inventory or planning distribution. But working with an advisor can help to make this process more seamless.

Freight 52

Freight Material Savings Resource Reduction Cost Reduction Strategies 52

Unleashed

FEBRUARY 28, 2023

More accurate receiving also helps prevent overstocking and understocking by providing clearer data for your inventory replenishment team to rely on. Improve inventory accuracy: Improved receiving efficiency typically leads to improved inventory accuracy. Palletise loose cargo.

Inventory Management Software 52

Inventory Management Software How To Inventory Reduction Warehousing 52

Zipline Logistics

JUNE 30, 2020

Benchmark — In logistics, benchmarks refer to KPI thresholds set by an organization to measure supply chain performance. Cargo — Product carried during transportation. Carriage — In maritime shipping, carriage refers to the movement of cargo on a vessel after loading and before unloading.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Strategy 52

6 River Systems

DECEMBER 13, 2019

Click on a link below to browse tips related to a topic of interest: Tips for optimizing your warehouse layout & organization Tips for optimizing your warehouse workflows & processes Warehouse inventory optimization tips Optimizing your warehouse with tools & technology Tips for optimizing your warehouse layout & organization 1.

Optimal Sourcing 81

Optimal Sourcing Optimization Software Price Mitigation Strategies Modeling 81

CH Robinson Transportfolio

JULY 7, 2021

To sceptics the vision of a sustainable supply chain remains an oxymoron, due to the emissions from 18-wheeler trucks, cargo planes, container ships and delivery vans as they move freight around the world. Robinson is “can logistics and supply chains be truly sustainable?”. Read more through our 2020 sustainability report.

Waste Reduction 73

Waste Reduction Cost Reduction Strategies Inventory Reduction Sustainability 73

CH Robinson Transportfolio

JANUARY 27, 2021

Due to lean inventory strategies, many manufacturers only keep 15-30 days of inventory on hand. Shippers are not leveraging scenario planning as a best practice and remain focused on lean supply chains that focus on minimizing inventory and total number of suppliers. I don’t agree that either in isolation is correct.

Supply Chain Planning Software 44

Supply Chain Planning Software Scenario Planning Supply Chain Planning Agile and Lean Supply Chain 44

GlobalTranz

MAY 23, 2016

It's also important for shippers to understand the different types of liability insurance, according to Trucker's Report , which includes the following: General liability insurance covers a truck, occupants, and cargo when the truck is not moving. Primary liability insurance is the most important form of insurance for a carrier to have.

Freight 136

Freight Shipping Cost Reduction Strategies Inventory Reduction 136

BlueYonder

JUNE 23, 2016

Some companies, for example, are already using this technology to track real-time transit information, as well as model ideal routes to optimize the freshness of perishable cargo. Access the 2016 SCDigest Supply Chain Digitization Benchmark Survey data. Understanding product flows/dwell times (45 percent). Field service (37 percent).

Supply Chain Planning Software 41

Supply Chain Planning Software Real-time Visibility Supply Chain Design Software Modeling Software 41

BlueYonder

JUNE 23, 2016

Some companies, for example, are already using this technology to track real-time transit information, as well as model ideal routes to optimize the freshness of perishable cargo. Access the 2016 SCDigest Supply Chain Digitization Benchmark Survey data. Understanding product flows/dwell times (45 percent). Field service (37 percent).

Supply Chain Planning Software 40

Supply Chain Planning Software Real-time Visibility Supply Chain Design Software Modeling Software 40

Resilinc

DECEMBER 21, 2023

Following the recent attacks launched by Yemen’s Houthi group on cargo ships in the Bab al Mandeb Strait at the southern end of the Red Sea, several major global shipping and oil companies – including Maersk and British Petroleum (BP) – have suspended shipments and halted operations in the area. Gas prices are on the rise.

Supply Chain Planning Software 61

Supply Chain Planning Software Shipping Supply Chain Software Logistics Network Optimization Software 61