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. This is regardless of whether freight consolidation was used or not. Lowered freight spend.

Transportation Management 210

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

Freightos

FEBRUARY 28, 2022

Which brings us to international freight. It’s challenging to get fixed prices for global freight. Our global freight index – the FBX – needed to adapt to this new reality in 2021 and indeed we updated our methodology to incorporate the cost of premium surcharges into our index, so that FBX reflects a realistic spot price.

Negotiating Skills 177

Negotiating Skills Shipping Price Reduction Supply Chain Planning 177

Arkieva

AUGUST 8, 2016

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. Sustainable Freight Action Plan for California is estimated to Improve Freight Efficiency by 25% in 2030.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Supply Chain Planning Software California 60

Silvon Software

JULY 22, 2022

Working with three core ratios – the days of inventory, days of payables and days of receivables, the cash-to-cash time cycle KPI visualizes the period required between the moment a company pays its suppliers and the moment it receives cash from its customers. Inventory KPIs and Metrics for Managing Supply Chain Performance.

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

Stord

AUGUST 5, 2020

August 6, 2020 Stord is thrilled to announce our partnership with the Environmental Protection Agency as a SmartWay Logistics Company , just a few months since expanding our freight capabilities. Freight transportation is the culprit that makes up a vast majority of air pollutants and emissions in the US.

Waste Reduction 78

Waste Reduction Supply Chain Design Software Inventory Reduction Cost Reduction Strategies 78

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. Shippers can ensure they are getting the best possible rates from their carriers by working with a freight audit consultant. What Freight Auditing Is and Why It’s Important.

Freight 52

Freight Material Savings Resource Reduction Cost Reduction Strategies 52

BlueYonder

DECEMBER 17, 2013

American Shipper recently released its annual benchmark report entitled “ Global Transportation Management Benchmark Study: Climbing the Visibility Sophistication Ladder.” In this context, value is driven through increased sales, reduced inventory and improved margin attainment.

Global Transportation 56

Global Transportation Benchmarking Study Modeling 56

Precoro

MAY 19, 2023

By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time. Inventory is one of the most important assets of any company, as it’s the basis for generating revenue. The relation is expressed as a ratio of average inventory divided by the net sales over a period of time.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

The Logistics of Logistics

JANUARY 26, 2016

They allow you to set benchmarks and improve your business practices. Accuracy of Inventory Records. Your capacity to meet customer demands hinges on your ability to accurately report inventory. When you can account for inventory down to the item, you can better respond to customer needs. Are you backlogged? Author Bio.

Warehousing 100

Warehousing KPI Inventory Reduction Cost Reduction Strategies 100

Talking Logistics

SEPTEMBER 6, 2016

Freight consolidation is a key area where transportation costs can be reduced. Inventory pooling increases the amount of product picked up at a location to decrease the number of stops to both drive cost out of the supply chain while increasing service levels. Bill Madden is the Director of Managed Services at LeanLogistics.

Optimal Sourcing 100

Optimal Sourcing Logistics Network Optimization Software Transportation Cost Reduction Strategies 100

Supply Chain Game Changer

NOVEMBER 19, 2018

From planning to negotiating to buying, from moving goods to processing goods, and from managing data to managing inventory. And competitive pressures and benchmarking results will also add to the need to reduce costs and/or be more productive. The Supply Chain function within your company has many responsibilities.

Negotiating Skills 84

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 84

GlobalTranz

DECEMBER 1, 2014

Additionally, freight in general and the crunch in capacity have picked up in 2014, as economic growth has created an increase in durable goods orders as well as consumer spending. Benchmark DC Systems to Handle the Volume. Make your Inventory Omni-Channel. Logistics holiday logistics'

DC 244

DC Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Planning 244

Freightos

JULY 11, 2023

Blog " * " indicates required fields Email * More Resources Home July 11, 2023 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.

Negotiating Skills 156

Negotiating Skills Asia Europe Canada 156

GlobalTranz

JULY 13, 2015

The overall goal of the distribution center is to make sure that freight makes into the correct mode of transportation at the appropriate time. This involves monitoring for the late departure of shipping containers as well as premature completion of a specific freight loading time. On-Time Shipping. Monitor Warehouse Capacity.

Procurement Analytics 120

Procurement Analytics Metrics Distribution Inventory Reduction 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

NOVEMBER 21, 2019

Part three of a five-part series on the hidden benefits you can expect from working with a digital freight management company like Aborn & Co. We benchmark and negotiate freight rates across many modes – over $500mm in expense per year, and we have already seen parcel carriers start to bake a “digital tender bonus” into their discounts.

Negotiating Skills 40

Negotiating Skills Seattle Supply Chain Software Benchmarking 40

Veridian Solutions

JANUARY 29, 2020

This is important for reducing order fulfillment errors, improving your inventory management and remaining competitive. Poor replenishment and reordering of inventory. Higher freight spend. Key indicators that your strategy is working include: Strong, Lean Inventory. Well-Stored and Organized Inventory.

Inventory Reduction 58

Inventory Reduction Expense Reduction Cost Reduction Strategies Material Savings 58

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? The downturn may be painful (for some), but is not unusual.

Price Reduction 156

Price Reduction Industrial Industry Inventory Reduction 156

20Cube Logistics

FEBRUARY 3, 2022

Inventory got depleted in warehouses with no shipper coming to take it away. Due to the institutional lockdown that was imposed all over the world, freight forwarding received its fair share of negative effects. Delays in transportation led to the supply chain sphere incurring huge amounts of loss.

Supply Chain Design Software 76

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design 76

Supply Chain Game Changer

FEBRUARY 27, 2019

Inventory Turnover Breakthrough … Go Back To The Basics! Risks exist in land, air and ocean freight. Poor grasp of hazards in your supply chain will increase freight spend and diminish brand value. Extreme weather represents one of the most significant risks to ocean freight on the globe. Subscribe Here!

Supply Chain Planning Software 57

Supply Chain Planning Software Resource Reduction Price Reduction Waste Reduction 57

GlobalTranz

APRIL 8, 2015

To be clear, at Cerasis, our TMS, the Cerasis Rater , is not a pure SaaS TMS offering, only due to the fact that we also offer services that happen outside of the TMS such as carrier relations & rate negotiations, freight accounting services, freight claims, and other services. We call this SaaS TMS model Hybrid SaaS TMS.

Supply Chain Network Software 120

Supply Chain Network Software Logistics Network Optimization Software Demand Planning Software Modeling Software 120

Freight Plus

MARCH 20, 2020

Retailers expect their partners to use and be proficient with modern inventory management tools. This will allow both you and your customers to see and know where inventory is at any given time, and when more should be expected. Do you have proper inventory visibility? Bad carriers cost you money and ruin retail relationships.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Inventory Management Software 52

Freight Plus

MARCH 20, 2020

Retailers expect their partners to use and be proficient with modern inventory management tools. This will allow both you and your customers to see and know where inventory is at any given time, and when more should be expected. Do you have proper inventory visibility? Bad carriers cost you money and ruin retail relationships.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Inventory Management Software 52

ShipBob

APRIL 15, 2024

That means you must see a sufficient return on your inventory investment. In other words, you need to make more money selling your inventory than you spent to acquire, store, and fulfill orders with it. In this post, we’ll cover what GMROI is and why it’s important for your retail inventory management.

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 52

Turvo

DECEMBER 7, 2021

Why is freight pricing reaching historical records? According to the Shanghai index (SCFI) , freight is around $2,900 for twenty-foot containers (TEUs), almost three times the $1,000 registered in the first week of January 2020 and 3.6 In essence, all these factors add up to increased pressure on short-term freight rates.

Price Reduction 77

Price Reduction Freight Logistics Network Optimization Software Logistics 77

Unleashed

JANUARY 5, 2021

Inventory management is a critical function of any business, with drastic implications on profit margins. Inventory turnover is a key formula that’s often discussed in the context of inventory management efficiency, and crops up in most types of inventory report. What is inventory turnover? Average inventory?

Inventory Reduction 83

Inventory Reduction Inventory Procurement Analytics Inventory Management Software 83

GlobalTranz

OCTOBER 21, 2015

For example: Inventory Record Accuracy has to be 98-100% accurate daily. The Transportation Management System (TMS) of the 3PL can gain rewards for both parties as well through freight optimization. All KPIS have a target percentage to meet. All KPIS have metrics to measure. Effective KPI Management Requires Periodic SLA/KPI Review.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Freightos

APRIL 16, 2017

Data enables high-level performance management through KPIs and benchmarking, as well as daily decision support with better information. 3PLs can utilize and offer their customers logistics technology that supports better inventory management, fulfillment, and shipment optimization as a key service differentiator.

Logistics Network Optimization Software 134

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

CH Robinson Transportfolio

APRIL 21, 2020

Due to current marketplace disruptions and changing consumer demands, major retailers continue to adjust inventory requirements, adding even more complexity. Orders should be optimized based on your weekly freight mix, whether it’s frozen or refrigerated food, perishables, or confectionery shipments. Ensures a fair and consistent rate.

Expense Reduction 44

Expense Reduction North America Network Optimization Price Reduction 44

Supply Chain Matters

AUGUST 11, 2022

One of the benchmarks we referenced as part of our prediction was The World Container Index , a measure of container shipping rates among eight major global transshipment lanes, which is published by Drewry Shipping Consultants. Mid-Year Global Transportation Assessment. be able to service key regions and markets.

Predictive Analytics Software 52

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

Supply Chain Collaborator

MAY 8, 2018

Opaque Yard Visibility | Keeping track of assets on large freight yards is challenging as is maintaining proper security at the gate house. Lack of Carrier Rate Benchmarking | You can manage what you can’t measure. This simple bit of automation saves countless hours in the processing of freight invoices.

Freight 73

Freight Waste Reduction Logistics Network Optimization Software Indianapolis 73

CH Robinson Transportfolio

APRIL 20, 2020

Due to current marketplace disruptions and changing consumer demands, major retailers continue to adjust inventory requirements, adding even more complexity. Orders should be optimized based on your weekly freight mix, whether it’s frozen or refrigerated food, perishables, or confectionery shipments. Ensures a fair and consistent rate.

Expense Reduction 44

Expense Reduction North America Network Optimization Price Reduction 44

GlobalTranz

DECEMBER 10, 2015

Additionally, freight in general and the crunch in capacity have stayed flat or decreased in 2015, as economic growth has created mild to little growth in durable goods orders as well, except consumer spending is scheduled to increase slightly. Benchmark DC Systems to Handle the Volume. Make your Inventory OmniChannel.

DC 120

DC Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Planning 120

CH Robinson Transportfolio

APRIL 23, 2019

Explosive growth of ecommerce means huge volumes of goods are moving from suppliers to distribution centers, stores, and residences, and, in the case of returns (it is estimated shoppers returned $385 billion worth of inventory in 2017), back again. It can also help boost retail compliance scores by reliably delivering on time in full.

Inventory Reduction 34

Inventory Reduction Expense Reduction Cost Reduction Strategies Retail 34

GlobalTranz

APRIL 13, 2015

Well designed TMS systems contribute in all these stages and helps to take a business global through effective management of freight flows and increased efficiency throughout the distribution network. If your biggest pain point in transportation management is in LTL freight shipping, our TMS system is perfect. Evaluating TMS Systems.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Optimization Software Analytics Software 120

CH Robinson Transportfolio

APRIL 23, 2019

Explosive growth of ecommerce means huge volumes of goods are moving from suppliers to distribution centers, stores, and residences, and, in the case of returns (it is estimated shoppers returned $385 billion worth of inventory in 2017), back again. It can also help boost retail compliance scores by reliably delivering on time in full.

Inventory Reduction 34

Inventory Reduction Expense Reduction Cost Reduction Strategies Retail 34

AFFLINK

OCTOBER 27, 2016

Benchmark oil prices have been experiencing a downward trajectory in the last couple of years, thanks to the shale gas revolution in the United States as well as the OPEC-initiated strategy to maintain a certain production level in order to force out high-cost supplies. Environment.

Cost Reduction Strategies 48

Cost Reduction Strategies Price Reduction Inventory Reduction Vendor Strategies 48