The Logistics & Supply Chain Management Society

JULY 16, 2023

The halal trust assessment could be conducted for one brand, but can also be benchmarked with selected competing brands. The halal trust of a brand is measured through a consumer survey, analysing the consumer perception of the halal logo, excellence, transparency, halal authenticity, and intention.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

Arkieva

AUGUST 8, 2016

Sustainable Freight Action Plan for California is estimated to Improve Freight Efficiency by 25% in 2030. The Sustainable Freight Action plan released by California governor Jerry Brown outlines a long-term 2050 vision and guiding principles for California’s future freight transportation system. Supply Chain News.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Supply Chain Planning Software California 60

Shipchain

NOVEMBER 29, 2018

According to Techspective.net , paperwork in international trade accounts for a fifth of ocean freight costs. Blockchain could streamline the management of paperwork and documentation which would lower freight spend for ocean carriers by up to 20%. And let’s face it, extra money is always a good thing.

Analytics Software 95

Analytics Software Supply Chain Software Optimization Software Supply Chain Optimization 95

Multichannel Merchant

APRIL 7, 2022

The EPA’s SmartWay program is the gold standard for shippers seeking to become more sustainable by helping them measure, benchmark and improve efficiency. Shippers that become SmartWay certified can use it to show customers, investors and employees their commitment to creating more sustainable shipping.

Sustainability 111

Sustainability Shipping Waste Reduction Modeling 111

Talking Logistics

MARCH 24, 2015

Only motivation is to save money on freight rates. RFP’s give you the opportunity to negotiate/award freight rates that will have a major impact on your budget for the year. Benchmark yourself against historical and current market indexes. Use only your data to determine benchmarks for your next RFP.

Expense Reduction 100

Expense Reduction Price Reduction Transportation Cost Reduction Strategies 100

GlobalTranz

OCTOBER 21, 2015

It can take months to negotiate a complex SLA/KPI document, as you go back and forth with your logistics provider so the document becomes a “win-win” for both parties. The Transportation Management System (TMS) of the 3PL can gain rewards for both parties as well through freight optimization. All KPIS have metrics to measure.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Talking Logistics

JULY 19, 2013

Con-way Freight Raises the Bar on Mexico Service, Adds Door-to-Door Tracking, 24-Hour Customer Resource Center, Enhanced Web Tools. Source data is a combination of reference and benchmark data from third parties as well as econometric models and formulas. SAP Announces Second Quarter and First Half Results 2013.

Logistics Network Optimization Software 130

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

Freight Plus

MARCH 20, 2020

5, Technology: Vendor Compliance Programs and the scorecards they're graded against are no longer simply about document transfer. In order to get chargebacks reversed, you're going to have to prove that the documentation you provided was accurate, available, and provided to your customer. Is your EDI up to snuff? Is your data clean?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Inventory Management Software 52

Freight Plus

MARCH 20, 2020

5, Technology: Vendor Compliance Programs and the scorecards they're graded against are no longer simply about document transfer. In order to get chargebacks reversed, you're going to have to prove that the documentation you provided was accurate, available, and provided to your customer. Is your EDI up to snuff? Is your data clean?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Inventory Management Software 52

Precoro

MAY 19, 2023

By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time. On-time shipping is especially important for companies with global reach who operate within complex international shipping or freight networks.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Talking Logistics

APRIL 24, 2017

Regardless of whether your freight is moving on your assets or someone else’s, strategic route planning can result in fewer miles driven and less emissions. To qualify for this designation, carriers are required to measure, benchmark and track what they are doing to increase efficiency and fuel economy and have documentation of their efforts.

Optimal Sourcing 114

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Optimization Software 114

The Logistics of Logistics

DECEMBER 19, 2020

Mitch Violett is a Principal Product Manager at Convoy focused on building products to increase the efficiency of delivering freight and improve the experience for everyone involved. Convoy is the nation’s most efficient digital freight network. Since documents must sometimes be scanned and emailed, there are delays and errors.

Shipping 130

Shipping Waste Reduction Negotiating Skills Montana 130

Zipline Logistics

FEBRUARY 9, 2021

Logistics data refers to the metrics used to track, measure, and benchmark parts of your supply chain’s performance. With an effective data program, you can measure your past execution and use predictive analytics in the logistics industry to make the best decisions about your freight. What is Logistics Data?

Optimal Sourcing 52

Optimal Sourcing Supply Chain Performance Supply Chain Planning Software Cost Reduction Strategies 52

GlobalTranz

JULY 22, 2015

There are a lot of different components to consider when it comes to maximizing your results in transportation management as it pertains to all of the functions of involved in the pre and post activities of shipping freight. Based on the research of inboundlogistics.com, freight costs can make up 10% of an organization’s expenditure.

Freight 120

Freight Negotiating Skills Resource Reduction Cost Reduction Strategies 120

Freight Plus

NOVEMBER 28, 2018

Vendor Compliance Programs and the scorecards they're graded against are no longer simply about document transfer. Once you have all of your ducks in a row and you're seeing progress in eliminating chargebacks vs your own internal metrics, it is now time to benchmark your program against others. Technology. Is your EDI up to snuff?

Vendor Strategies 40

Vendor Strategies Inventory Reduction Cost Reduction Strategies Inventory Management Software 40

Freight Plus

FEBRUARY 5, 2019

2019 is going to perform above benchmark,” said Donald Ratajczak as reported by the JOC. This news comes after WI city and local government bought out local homeowners via eminent domain, according to Freight Waves. Uber Freight sourcing truckers to rate shippers. This week in "Where's my freight?!". Now hiring!

Supply Chain Planning Software 40

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

GlobalTranz

JUNE 11, 2015

Unlike domestic suppliers, they will respond to quality benchmarks by throwing labor-end-state inspection and rework-at the problem. By teaching suppliers to use FMEAs and control plans as living documents, we proactively reduce PPM, warranty and risk, while improving our suppliers’ capabilities.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Quality Examples 120

Talking Logistics

SEPTEMBER 25, 2013

I also attended several product sessions while at the conference, including updates on Carma (carrier management), Mojo (transportation optimization), RateFriend (rate benchmarking), Mobile , and their ezClick architecture (a key enabler of the solution’s flexibility and ease-of-use).

3PL 145

3PL Conference Logistics Network Optimization Software Supply Chain Planning Software 145

DAT Solutions

AUGUST 9, 2016

The freight broker is rarely involved, but the broker is the carrier’s customer and the first point of contact when something goes wrong. Need for Documentation. When detention does occur, having the proper documentation is critical. When a shipper or receiver detains a truck, it can ruin a driver's work week.

Freight 0

Freight Survey Policies Just-in-Time 0

MIT Supply Chain

MAY 8, 2013

A chemical manufacturer we interviewed is using a third-party cloud application to negotiate freight rates with some 28 ocean carriers, for instance. But these views of the supply chain are parochial; taking ocean shipping to a new level of performance requires cross-industry benchmarking using data from a large number of stakeholders.

Supply Chain Design Software 63

Supply Chain Design Software Analytics Software Price Reduction Industrial 63

Supply Chain Opz

NOVEMBER 9, 2014

Paul Dittmann , Executive Director of the Global Supply Chain Institute at the University of Tennessee Improving operational efficiency in the global supply chain is a complex undertaking, and requires a documented, multi-year strategy instead of knee jerk reactions, and programs of the month.

Waste Reduction 274

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

Logistics Bureau

JUNE 12, 2017

Do you know that over 60% of businesses do not have a documented Supply Chain Strategy! 7 – Freight Transport – Service v Cost. The first thing to understand about freight rates, is that it’s not about the rate! Is the freight service you are paying for actually in alignment with your customer service needs?

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Design Supply Chain Strategy Supply Chain Planning Software 40

GlobalTranz

JULY 14, 2016

Benchmark Current Processes. Benchmarking your current processes is the most important step in small package contract negotiation. More simply, benchmarking let you see what you need. As a result, sifting through these documents represents a significant internal time investment.

Negotiating Skills 120

Negotiating Skills Packaging Resource Reduction Price Reduction 120

Supply Chain Network

OCTOBER 3, 2011

In addition to documenting the evolution of the third-party logistics market, this year’s report also provides an in-depth analysis of logistics operations in emerging markets and the electronics industry as well as talent management to address the skills shortage in the logistics industry. world such as the Middle East and Australia.

Third Party Logistics 99

Third Party Logistics Logistics Network Optimization Software Study Logistics 99

Intelligent Audit

SEPTEMBER 20, 2021

In the supply chain industry, the freight audit process can provide a competitive advantage for invoicing and cutting back costs. As reported by Supply & Demand Chain Executive , “As the shipping industry becomes more complex, so too does freight payment. What Is Freight Audit and Payment.

Analytics Software 52

Analytics Software Resource Reduction Cost Reduction Strategies Supply Chain Planning Software 52

Supply Chain Game Changer

JULY 3, 2019

Benchmark the market and take into account the ability for different solutions to fit into your existing sourcing processes. If you haven’t seen the full document and are looking to realize responsible sourcing, I suggest you take a look. Source: Nestlé.

Sourcing Strategies 58

Sourcing Strategies Purchasing Skills Sourcing Sustainability 58

Turvo

JUNE 19, 2020

Furthermore, the scorecard should be a living document that reflects real-time information, but that’s rarely the case. Companies need to connect to the systems of their supply chain network partners, including carriers, LSPs, freight brokers , forwarders, and third-party logistics providers (3PLs).

Shipping 53

Shipping Analytics Software Real-time Visibility Supply Chain Planning Software 53

Freight Plus

OCTOBER 4, 2018

From the steamship & airlines, to the railroad operators, to the trucking companies hauling the freight. Third Party Logistics (3PL): The freight forwarders, customs brokers, couriers, trucking companies, and warehouses. A 4PL can ensure that your vendors only see the documents they need to see to perform their intended role.

Third Party Logistics 40

Third Party Logistics 3PL Benchmarking Logistics Network Optimization Software 40

Talking Logistics

JUNE 28, 2017

Historically, this was a fairly accurate number, and the customer was using this benchmark of 4% to estimate demurrage cost annually. Keeping international shipments moving on schedule requires the management of multiple regions, ports, languages, government regulations and numerous documents. Automation.

Supply Chain Design Software 113

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 113

Zipline Logistics

JUNE 30, 2020

Accessibility — The ability of a carrier to provide service for a freight order. Accessorial Charges — Fees added to a freight bill for additional services that the carrier might provide. Air Freight — Transportation of products via air transportation methods. It may be the dimensional weight of the shipment.

Supply Chain Planning Software 52

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

DAT Solutions

MAY 9, 2017

In late December he had planned to close his freight brokerage for a few days so he and his employees could celebrate the holidays. Have a plan in the event of a disaster - If a disaster occurs at your office, have a plan for how you will keep freight moving if your computer system, internet, or phones go down.

Conference 70

Conference Portland Oregon Purchasing Skills 70

GlobalTranz

MAY 23, 2016

So, your organization has decided to explore the benefits and perks of less than truckload freight shipping. The dedicated TMS can further eliminate the frustrations that occur with typical full-truckload (FT) shipments and small package freight by combining all KPIs and available options into a single, comprehensive tool.

Freight 136

Freight Shipping Cost Reduction Strategies Inventory Reduction 136

Logistics Viewpoints

JANUARY 3, 2022

When it comes to the movement of freight, one megatrend driving the need for better technology is the driver shortage. The ATA has a National Private Truck Council that allows for benchmarking on driver turnover. In the last benchmark, truckload carriers with more than $30 million in annual revenue averaged 90% driver turnover.

Predictive Analytics Software 251

Predictive Analytics Software Supply Chain Network Software Logistics Network Optimization Software Analytics Software 251

Supply Chain Brain

JUNE 11, 2018

When it comes to technological innovation, however, hype is no benchmark for success. The technology has been around for a long time, but many organizations and countries still require the maintenance of original signed documents, with all of their accompanying costs and inefficiencies. Take the issue of digital signatures.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Pharmaceutical Supply Chain Strategy 40

Talking Logistics

NOVEMBER 6, 2014

This tees up benchmarking to ensure rates are at market. It is easy to over invest in documenting processes since the document is usually at some level wrong the moment the pencil comes off the paper. A Spend Diagram effectively highlights spend by category, but the lasting value is in the understandings and take aways.

Modeling 149

Modeling Transportation Optimal Sourcing Expense Reduction 149

Supply Chain Opz

JULY 31, 2012

Classification of commodities allows a company to benchmark its the purchased price against a standard price which is maintained by solution providers. However, some companies have thousands of payment transactions a month such as freight bill payment. Then Ive extracted all the good stuffs and made the infographic as below.

Price Reduction 100

Price Reduction Cost Reduction Strategies Expense Reduction Analysis 100

Unleashed

FEBRUARY 28, 2023

Spot red flags as they begin: Tracking receiving efficiency over time allows you to establish what your performance benchmarks are, and spot red flags as they arise. If you can make these requests, consider asking your suppliers to: Ensure all documentation is on hand and correct upon arrival. This process is called pre-receiving.

Inventory Management Software 52

Inventory Management Software How To Inventory Reduction Warehousing 52