Logistics Bureau

AUGUST 30, 2022

Trent Morris has helped many of our clients over the last 2-3 years with their Ocean Freight challenges. Here’s the overview of the discussion: Brief Industry Update. Ocean Freight Tips. Freight-related articles have appeared throughout our website, check them out: Freight Benchmarking: What Is It?

Freight 83

Freight Forecasting Case Study Benchmarking 83

The Logistics of Logistics

DECEMBER 5, 2022

Brad Wheeler and Joe Lynch discuss the freight-tech dilemma. Brad serves as the Senior Director of Customer Strategy at Emerge , the leading freight procurement platform. Transforming the $800 billion freight industry, Emerge empowers meaningful logistics relationships through its award-winning Freight Procurement Platform.

Supply Chain Network Software 210

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

Supply Chain Game Changer

OCTOBER 29, 2020

Do You Have Hidden Freight Costs? Freight sourcing team article and permission to publish here provided by Katharine Barrios at xeneta.com. Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. Use of Freight Rate Benchmarking.

Sourcing Strategies 75

Sourcing Strategies Negotiating Skills Optimal Sourcing Negotiate Pricing 75

Multichannel Merchant

APRIL 7, 2022

The call for sustainable shipping is getting real. Pressure is coming from all sides for companies to adopt more sustainable shipping practices. For shippers worried about the pressure to green up their shipping operations, and the associated costs and resources required, there’s good news. Maximize Local Fulfillment.

Sustainability 111

Sustainability Shipping Waste Reduction Modeling 111

The Logistics & Supply Chain Management Society

MARCH 14, 2023

Rates are now starting to stabilise and for ocean freight especially, we are seeing rates closer to pre-COVID levels. Freight procurement is the mainstay of any supply chain professional but price is not the be-all and end-all. 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 of Logistics

MARCH 31, 2023

In his role Peter leads The Journal of Commerce, the historic New York City maritime newspaper founded in 1827, today a team of specialized business journalists focused on the end-to-end international shipping supply chain including shipping, ports, airfreight, trucking, rail and home delivery, addressed to the needs of shippers.

Logistics Network Optimization Software 223

Logistics Network Optimization Software Supply Chain Planning Software Negotiating Skills Analytics Software 223

Freightos

JANUARY 28, 2016

10 Controversial Freight Predictions For 2016. From praising China’s “slowdown” to the benefits of overcapacity (for some), we’re kicking back against some industry givens. 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

10 Controversial Freight Predictions For 2016. From praising China’s “slowdown” to the benefits of overcapacity (for some), we’re kicking back against some industry givens. 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

The Logistics of Logistics

AUGUST 22, 2022

In his role Peter leads The Journal of Commerce, the historic New York City maritime newspaper founded in 1827, today a team of specialized business journalists focused on the end-to-end international shipping supply chain including shipping, ports, airfreight, trucking, rail and home delivery, addressed to the needs of shippers.

Supply Chain Planning Software 204

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 204

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 The broader climate issue.and freight’s role. kg of carbon emissions.

Freight 120

Freight Cost Reduction Strategies Optimal Sourcing Nashville 120

Intelligent Audit

AUGUST 25, 2022

It has always been essential to have visibility into freight spending. Freight audit & payment (FAP) providers have long paved the way to gaining this visibility by looking at shipping invoices and breaking down freight spend. What Is Freight or Transportation Spend Management?

Real-time Visibility 52

Real-time Visibility Transportation Management Supply Chain Planning Software Optimization Software 52

GlobalTranz

SEPTEMBER 24, 2018

Transportation Management Challenges in E-Commerce Although e-commerce represents an excellent opportunity for shippers, it results in the creation of additional challenges in managing freight spend and moving products. The need to integrate existing systems and offer the best pricing in the industry has never been greater.

Transportation Management 210

Transportation Management 3PL Logistics Network Optimization Software Supply Chain Network Software 210

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. Here are 5 reasons you should be benchmarking your carriers: Growth. Additionally, how has your demand changed?

Benchmarking 40

Benchmarking Purchasing Training Negotiating Skills Cost Reduction Strategies 40

Freightos

AUGUST 29, 2019

Open up LinkedIn and check out the profile of senior salesperson at a freight forwarder or carrier and you’ll probably see several top-tier providers as previous employers. In their words: “freight made personal” waves proudly on Air France KLM Martinair Cargo ’s banner. “We This holds for freight. The Game Changed.

Logistics Network Optimization Software 202

Logistics Network Optimization Software Real-time Visibility Price Reduction Cost Reduction Strategies 202

Intelligent Audit

FEBRUARY 3, 2022

In freight auditing, freight audit advisors work with freight shippers to ensure that all charges are accurate and to prevent wasting money. With the volatility of 2021 still in mind and uncertainty heading into 2022, the whole industry feels a bit apprehensive. Get better deals on shipping rates.

Freight 52

Freight Material Savings Resource Reduction Cost Reduction Strategies 52

The Logistics & Supply Chain Management Society

OCTOBER 15, 2021

IQAX is an independent entity with a deep understanding of ocean shipping and a strong heritage in global trade digitalisation and logistics visibility. Logistics & Supply Chain Management Society (LSCMS), Supply and Distribution Group Launches Global Logistics Service Provider Benchmarking Index. People and Halal Supply Chains.

Supply Chain Design Software 244

Supply Chain Design Software Logistics Network Optimization Software Analytics Software Predictive Analytics Software 244

Logistics Viewpoints

AUGUST 25, 2021

When it comes to managing your freight spend, there are a few options to consider. Ultimately it comes down to whether shippers want to manage their freight spend in-house or outsource it. Ultimately it comes down to whether shippers want to manage their freight spend in-house or outsource it. Look to the Cloud.

Price Reduction 284

Price Reduction Cost Reduction Strategies Expense Reduction Price Mitigation Strategies 284

Zipline Logistics

DECEMBER 2, 2019

However, as the retail industry evolves and changes to meet the demands for the modern consumer, that is exactly what retailers look for from their suppliers. Over the past several years, key industry incumbents have begun to build their supply chains and retail freight requirements to match the new reality of consumption.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Shipping Retail 52

Talking Logistics

OCTOBER 28, 2014

trucking industry. According to the American Trucking Association, this is happening in an industry that already faced an average annual driver turnover rate of 99% in 2013, as well as hiring and training costs that range from $3,500 to $5,000 per driver, depending on experience. Business has been improving for the U.S.

Expense Reduction 197

Expense Reduction Cost Reduction Strategies Price Reduction Capacity 197

Freightos

MARCH 23, 2023

There were plenty of freight insights to take in over three days of sessions, meetings and conversations with carriers, forwarders and BCOs, but far too many to include all of them in a blog post that anyone might make it to the end of. What happens next?

Price Reduction 156

Price Reduction Industrial Industry Inventory Reduction 156

Silvon Software

JULY 22, 2022

Here are 24 that Silvon has used with clients across various manufacturing industries to help them drive better supply chain performance. Supply chain costs typically range from 10 percent to more than 20 percent of revenue, based on industry. 60% to 70% is considered a good benchmark of inventory levels. Freight Bill Accuracy.

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

Logistics Bureau

MAY 23, 2023

Gain insights into the latest trends in ocean freight from an international logistics perspective and discover how the industry is evolving in terms of global shipping operations. 12 Smart Ways to Reduce Your Freight Costs

Freight 82

Freight Benchmarking Cost Reduction Strategies Trends 82

GlobalTranz

DECEMBER 29, 2015

We will then conclude the 5 main categories by featuring the top 10 freight articles of 2015. As a TMS provider, Cerasis also provides the services related to transport management: freight claims, freight accounting, carrier relations, and more. WHITE PAPER] The Complete Guide to Freight & Transportation Accounting.

Transportation Management 120

Transportation Management Transportation Cost Reduction Strategies Sourcing Strategies 120

Intelligent Audit

AUGUST 30, 2022

With labor unions across the logistics industry gearing up for difficult battles and profit margins narrower than ever, logistics providers are forced back to the drawing board. Like many last-mile service providers throughout the logistics industry, FedEx ground suffers the consequences of high inflation. and Canadian markets.

Negotiate Pricing 52

Negotiate Pricing Negotiating Skills Pharmaceutical Cost Reduction Strategies 52

Freightos

FEBRUARY 22, 2024

More Resources Home February 22, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices decreased 7% to $3.65/kg

Price Reduction 177

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 177

4WL Consulting

MAY 19, 2015

In today’s marketplace, it’s wise to keep your costs as low as possible, but when it comes to shipping, you might feel you are at the mercy of your carriers. For many companies, shipping costs have risen even though providers are promising the lowest possible price. How much does it really cost?

Analysis 100

Analysis Freight Benchmarking Shipping 100

Intelligent Audit

JANUARY 28, 2021

But first, it’s essential to understand its value and why it’s a critical tool in the shipping manager’s playbook. This sort of scorecard highlights areas of supplier performance and works to bring attention to potential problem areas within the shipping supply chain. What is a Logistics KPIs Scorecard.

Logistics Network Optimization Software 59

Logistics Network Optimization Software Logistics KPI Optimization Software 59

The Logistics of Logistics

DECEMBER 19, 2020

Tech is the Game Changer for Truckload Shipping Communication with Mitch Violett. In his role as Principal Product Manager at Convoy, Mitch develops solutions that streamline the shipping process and improve communication. Convoy is the nation’s most efficient digital freight network. About Mitch Violett.

Shipping 130

Shipping Waste Reduction Negotiating Skills Montana 130

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

Freightos

APRIL 16, 2017

About the Author: Founder of ShipStarter, Kenneth is a 25+ year professional of the supply chain industry. The pressure on companies’ logistics networks to drive out cost and time from the shipping process is greater than ever before. This was unheard of in the industry less than a decade ago. Contributed Article.

Logistics Network Optimization Software 135

Logistics Network Optimization Software Trends Supply Chain Design Software Supply Chain Planning Software 135

Freightos

FEBRUARY 4, 2020

As a result, nearly every industry has created on-demand metrics to gauge market performance, hedge risks, and to power intelligent decisions. But despite its size, containerized freight’s poor visibility persisted. Prices for everything and anything are subject to change and freight rates for containers are no different.

Optimal Sourcing 238

Optimal Sourcing Purchasing Skills Real-time Visibility Procurement Analytics 238

Precoro

MAY 19, 2023

By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time. The standard for inventory turnover varies across industries and depends on customer habits, therefore the ideal metric depends on the context of a particular market.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Freightos

MAY 10, 2015

I threw in a healthy dose of interesting (globalization, shipping trends and the business of logistics), a dash of history (the evolution of longitude), a sprinkle of next generation manufacturing (lean manufacturing) and some great company success stories (FedEx, Walmart. I think you’ll like the list too. the steam engine’s adaption.

Agile and Lean Supply Chain 120

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

Supply Chain Matters

AUGUST 11, 2022

The Ferrari Consulting and Research Group shares a Part Three commentary addressing our mid-year assessment of published 2022 Predictions for Industry and Global Supply Chains made available at the beginning of 2022, and specifically addressing supply chain cost inflation implications. Mid-Year Global Transportation Assessment.

Predictive Analytics Software 52

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

MIT Supply Chain

APRIL 3, 2014

New benchmarks for excellence. Now the differentiators are more strategic: benchmarking, innovation, and network modeling, for example. The ability to store, manipulate, and disseminate huge quantities of data is another differentiator that is reshaping the industry. Here are some highlights from his talk. Big Data’s big impact.

Negotiating Skills 105

Negotiating Skills Logistics Network Optimization Software Price Reduction Expense Reduction 105

MIT Supply Chain

MAY 8, 2013

Will the cloud enable industry-level supply chain collaboration? Meanwhile, here is a nugget from our research on the subject: cloud-enabled, cross-industry collaboration that unlocks new levels of efficiency. Let’s bring it down to earth with a specific example – ocean shipping. New performance horizons. It’s not a new idea.

Supply Chain Design Software 63

Supply Chain Design Software Analytics Software Price Reduction Industrial 63

The Logistics of Logistics

JANUARY 26, 2016

They allow you to set benchmarks and improve your business practices. Calculate this by looking at hard costs for labor, freight, storage and insurance. Receiving operations should coordinate with all purchase orders — including advanced-shipping-notice orders — so that all items are properly received and stored for appropriate access.

Warehousing 100

Warehousing KPI Inventory Reduction Cost Reduction Strategies 100