Supply Chain Game Changer

APRIL 29, 2020

For the shipper, in particular, the use of freight cost benchmarking and market movement analytics will also be important to achieve additional insight and a better understanding of overall costs. Freight cost benchmarking in the market is an efficient method followed by many shippers. Know the market and the rates that are prevalent.

Negotiating Skills 69

Negotiating Skills Cost Reduction Strategies Optimal Sourcing Freight 69

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. Freight news travels faster than cargo Get industry-leading insights in your inbox.

Price Reduction 177

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 177

Material Handling & Logistics

JULY 16, 2018

When shipping documents misreport significant attributes of cargo, the resulting inaccurate or false billing can prompt additional carrier charges. This is especially detrimental when shipping and handling fees are relied upon to recover margins that may have been bargained away in the price of the goods. Inaccurate Billing.

Supply Chain Software 74

Supply Chain Software Supply Chain Network Software Analytics Software Modeling Software 74

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

Freightos

JULY 11, 2023

Container ship backlogs have now developed, with more than 10 vessels anchored near Vancouver and several off Prince Rupert port. IATA’s latest air cargo demand data show that global volumes fell by more than 5% in May compared to last year and were 7% lower than in 2019. Federal mediators are now also involved in negotiations.

Negotiating Skills 156

Negotiating Skills Asia Europe Canada 156

GlobalTranz

DECEMBER 29, 2015

However, it’s important to review your pattern of freight spend in relation to sales so that you may set a benchmark. So, fleet managers need to ask a fundamental question, “What does it mean if my drivers, assets and cargo are continuously connected to the enterprise and how can I leverage this fact to create value for my organization?”

Transportation Management 120

Transportation Management Transportation Cost Reduction Strategies Sourcing Strategies 120

CH Robinson Transportfolio

DECEMBER 13, 2016

Mexico Shipping Series Part 3: Transportation Success is More than a Low Rate per Mile.Transportfolio by C.H. 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.

Mexico 34

Mexico Expense Reduction Cost Reduction Strategies Inventory Reduction 34

Freightos

DECEMBER 4, 2015

COP21, the Paris Climate change conference taking place this week got us thinking what the carbon cost was for shipping the TV. A quick check showed that shipping the TV from Taiwan to Nashville (ocean & trucking) led to about 6.7 kg of carbon emissions. The broader climate issue.and freight’s role. It’s not just trucks.

Freight 120

Freight Cost Reduction Strategies Optimal Sourcing Nashville 120

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

Freightos

FEBRUARY 4, 2020

For example, combining FBX and trucking data, FreightWaves have shown that as prices fluctuate, the cheapest way to ship from Asia to Chicago can flip from US West Coast to East Coast, or vice versa – an insight impossible to take advantage of without real-time price information. Enter the Freightos Baltic Index (FBX).

Optimal Sourcing 232

Optimal Sourcing Purchasing Skills Real-time Visibility Procurement Analytics 232

Freightera

APRIL 6, 2018

This rise in demand and supply of goods also calls for an added focus towards sustainable shipping practices to ensure the environment doesn’t get affected by it all. Why We Need Sustainable Shipping? First and foremost, sustainable shipping is the key to securing procurement contracts at some of the world’s largest retailers.

Sustainability 20

Sustainability Shipping Optimal Sourcing Waste Reduction 20

Freightos

MAY 10, 2015

All those books would weigh 49,000 kilograms – half the cargo mass of a Boeing 747-200F. Ninety Percent of Everything: Inside Shipping, the Invisible Industry That Puts Clothes on Your Back, Gas in Your Car, and Food on Your Plate by Rose George ( Link ). Why this books rocks: The author actually took a cruise on a Maersk ship.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Software Logistics Network Optimization Software Supply Chain 120

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

20Cube Logistics

SEPTEMBER 15, 2019

With digitalisation, customers are able to get real-time insights and instant updates on their cargo movement. Swift shipping of the consignment. With visibility at the forte, the customer expectations on the cargo movement are fulfilled. The cost is always a concern for customers. Visibility .

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Real-time Visibility Supply Chain Planning Software 40

Supply Chain Game Changer

FEBRUARY 27, 2019

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. Capacity fell by 3 percent, and up to $14 billion in cargo was unable to dock. What to Do About It. What to Do About It. Environmental Risks.

Supply Chain Planning Software 57

Supply Chain Planning Software Resource Reduction Price Reduction Waste Reduction 57

Freightos

NOVEMBER 10, 2020

Among the over 10,000 small businesses on Freightos.com , the world’s largest digital freight marketplace, many are small eCommerce businesses who use Freightos.com to ship directly to Amazon FBA warehouses and other fulfillment solutions. Adaptability of SMBs. But importing is still an uphill battle. Now for the details.

Los Angeles 156

Los Angeles China Cargo Warehousing 156

Enterra Insights

DECEMBER 17, 2018

If consumers ever think about supply chains and how the items they desire manage to find their way into their homes, they likely picture fleets of trucks, trains, airplanes, and cargo ships — the logistics part of supply chains. Two-day shipping is rapidly becoming a standard and that may be replaced by same day shipping.

Innovation 100

Innovation Logistics Network Optimization Software Logistics Analytics Software 100

MIT Supply Chain

MAY 8, 2013

Let’s bring it down to earth with a specific example – ocean shipping. As suggested in my recent post What Price Ocean Shipping? How much inventory could be better managed in this segment if there was better visibility into end-to-end cargo flows? The industry is already using the technology to share information.

Supply Chain Design Software 63

Supply Chain Design Software Analytics Software Price Reduction Industrial 63

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

Talking Logistics

JULY 5, 2018

The best 3PLs have internal controls to monitor carrier service, operational practices, operating authority, and insurance requirements in near real time to reduce your risk as a beneficial cargo owner. It’s also important for your 3PL to offer benchmarking on measurements that are important to you, as well as pricing intelligence.

Price Reduction 101

Price Reduction Expense Reduction Waste Reduction Cost Reduction Strategies 101

Freight Plus

AUGUST 21, 2017

On April 1st, 2017 ocean shipping got bigger by getting smaller. With only a quarter until the new shipping alliances were set to take affect it looked as if the seas were swelling towards this perfect storm. What is an Ocean Carrier Shipping Alliance? Each carrier. and ensure that your freight is properly routed.

Negotiating Skills 40

Negotiating Skills Purchasing Skills Capacity Supply and Demand 40

Supply Chain Game Changer

SEPTEMBER 9, 2020

The Hackett Group has recently released their analysis of their procurement benchmarking database. However, with their 55,000 TEU’s spread out over 6,000 shipping lanes, Akzo found it difficult to use this volume to obtain competitive ocean freight rates according to a case study from Xeneta.

Optimal Sourcing 58

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Procurement 58

ToolsGroup

APRIL 1, 2022

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. Following a March 2022 surge of Covid-19 in Shanghai, shipping company A.P. 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

Intelligent Audit

FEBRUARY 3, 2022

Freight bill auditing service providers help shippers determine the cost of shipping services and what to pay for those services. . Get better deals on shipping rates. Freight auditing consultants help businesses get the best freight rates and make sure they are not overcharged for shipping services.

Freight 52

Freight Material Savings Resource Reduction Cost Reduction Strategies 52

Logistics Viewpoints

JANUARY 27, 2023

Amazon has launched Amazon Air , its dedicated air cargo fleet, in India as the e-commerce giant bulks up its logistics infrastructure in the key overseas market where it has deployed more than $6.5 Regional shipping companies across the U.S. Despite that drop, container shipping prices remain strong in a long-term context.

Logistics Network Optimization Software 216

Logistics Network Optimization Software Logistics Supply Chain Design Software Supply Chain Planning Software 216

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. Work with your broker to see if you can get priority on unloading the ship and inland transport. That might mean diverting from Los Angeles/Long Beach to Canada or Mexico.

Waste Reduction 274

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

CH Robinson Transportfolio

JANUARY 16, 2018

Your 3PL should have internal controls in monitor carrier service, operational practices, and insurance requirements in near real time to reduce your risk as a beneficial cargo owner. This can include developing regional calendars in advance of peak shipping weeks with demand forecasts and making commitments to pricing and volumes in advance.

Price Reduction 34

Price Reduction Waste Reduction Expense Reduction Cost Reduction Strategies 34

Logistics Viewpoints

AUGUST 9, 2022

Just last year many were chartering their own cargo ships to get all these goods to their destinations.) More supply chain companies sharing more real-time data creates richer opportunities for benchmarking, analysis, insights and collaboration to drive business benefits for all parties.

Inventory Management Software 223

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 223

Zipline Logistics

JANUARY 17, 2023

Elon Musk revealed that one of Tesla’s battery powered class 8 semi-trucks completed a 500-mile trip fully loaded with 81,000 pounds of cargo – all off a single charge. . Besides reducing fuel costs and emissions, consolidation also helps brands hit key retailer benchmarks like OTIF and MABDs, improving customer relationships. .

Resource Reduction 78

Resource Reduction Waste Reduction Vendor Strategies Optimal Sourcing 78

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

Certain shipping lines are investing in the last mile companies. The Shippers Council forms the voice for Shippers and BCO’s where likeminded experts collaborate within a shared community to influence global logistics excellence, and support sharing of ideas for continuous improvement and benchmarking of best practices.

Rail Software 244

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

Freightos

JULY 23, 2015

Enough to go through every single article published in the top tech blogs – Techcrunch, Verge, Mashable and Recode – since 2007 to count how often articles about logistics startups, freight or cargo were published. Movers marketplace matching shipping requirement with freelance student drivers. Specialized Shipping.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Supply Chain Design Software San Francisco Predictive Analytics Software 120

Intelligent Audit

JANUARY 26, 2022

How Freight Audit Data Analytics Provide More Insight Into Shipping Strengths and Weaknesses. There are a few different options available to companies when it comes to shipping freight. One of those options is airfreight, which is the most expensive way to ship something. It’s subject to increased scrutiny and oversight.

Negotiating Skills 52

Negotiating Skills Freight Negotiate Pricing Purchasing Skills 52

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. This is especially detrimental when shipping and handling fees are relied upon to recover margins that may have been bargained away in the price of the goods.

Supply Chain Software 100

Supply Chain Software Waste Reduction Inventory Reduction Price Reduction 100

Zipline Logistics

JUNE 30, 2020

These are a la carte, or per service, and outside of standard shipping and receiving. Benchmark — In logistics, benchmarks refer to KPI thresholds set by an organization to measure supply chain performance. Cargo — Product carried during transportation. Consignor — The originator of shipped products.

Supply Chain Planning Software 52

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

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?”.

Waste Reduction 73

Waste Reduction Cost Reduction Strategies Inventory Reduction Sustainability 73

Shipchain

DECEMBER 20, 2018

Ship Lilly. The blog is run by Lilly and Associates and covers a huge range of topics from drop shipping, outsourced fulfillment, the trucking shortage, U.S.-China More Than Shipping. The More Than Shipping blog is a comprehensive resource for shipping trends, supply chain planning, project and specialized cargo and more.

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 134