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. Analytics/data and insight.

Optimal Sourcing 58

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Procurement 58

Precoro

MAY 19, 2023

By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time. On-time shipping For a delivery to be made on time, it needs to go out on time. On-time shipping is a metric that evaluates how many orders are shipped on or before the scheduled departure.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

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

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

2022 Realities vs 2023 Predictions. The tight capacity and shipping downtime can increase rates and severely disrupt freight flow for months. When you have visibility of emission footprints of transport scenarios before companies’ book freight, you can do more than just report historical emissions after the fact.

Predictive Analytics Software 130

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Prescriptive Analytics Software 130

Intelligent Audit

JANUARY 17, 2023

For UPS , the end-of-year peak season shipping boom gave them a chance to strut their stuff, while for FedEx CEO Raj Subramaniam, 2022 held challenge after challenge. The results came from delivery consultancy ShipMatrix, whose annual review of the parcel delivery industry has become a benchmark for carrier performance. .

Logistics Network Optimization Software 52

Logistics Network Optimization Software Cost Reduction Strategies Vendor Strategies Supply Chain Planning Software 52

Zipline Logistics

FEBRUARY 9, 2021

It is critical to leverage transportation analytics to get the most out of your operation. Logistics data refers to the metrics used to track, measure, and benchmark parts of your supply chain’s performance. In this ebook, you will learn how data can be used to identify efficiencies and make logistics improvements. Learn More.

Optimal Sourcing 52

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

ShipBob

APRIL 15, 2024

However, it’s also important to consider any industry-specific GMROI benchmarks to make sure that your business is keeping up with the competition. puts it far behind the competition, as the GMROI benchmark in this industry for 2021 is $3.90. ShipBob finally gave us the visibility and analytics we were looking for.

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 52

Intelligent Audit

OCTOBER 26, 2021

Finding ways to keep costs in check often comes down to understanding the various shipping surcharges and how shippers can best avoid them through stronger shipping audits. A Single Source of Truth for Shipping Surcharges Management. Instability is among the singular constants affecting supply chain management. supply chains.”

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Predictive Analytics Analytics 52

Intelligent Audit

NOVEMBER 5, 2021

In recent years, shipping GRIs among carriers tend to be around 3% to 5% each year. This average shipping rate increase index is a reflection of how carriers look to balance demand with capacity, but it’s not always the same. Fifteen actionable steps that mitigate higher shipping rates’ impact.

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Inventory Reduction Material Savings 52

GlobalTranz

SEPTEMBER 14, 2016

Use External Benchmarking Tools. Many suppliers and manufacturers may have existing, internal analytics tools, but using these tools for benchmarking processes may be ill-fated. Cluster and Consolidate Shipments to Create More Predictable Demand for Suppliers and Carriers.

Material Savings 120

Material Savings Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 120

Intelligent Audit

NOVEMBER 10, 2021

With the 2021 peak season, RFP and modern supply chain management remains essential today in the shipping and transportation market. The high priority focus on RFPs and carrier network optimization will continue to impact services and shipping protocols well into 2022 and beyond. 9 Things to Consider When Entering Annual RFP Processes.

Optimal Sourcing 52

Optimal Sourcing Network Optimization Software Network Optimization Supply Chain Network Software 52

Logility

SEPTEMBER 16, 2022

And by debilitating, I mean an enormous analytical time sink — think months. A good logistics model is designed to predict the future. Do some statistical sniff tests, you will probably be very disappointed in the value of this data in predicting your future spend on a lane-by-lane basis. Why do we build logistics models?

Modeling 130

Modeling Modeling Software Optimization Modeling Logistics Network Optimization Software 130

Freightos

JULY 23, 2015

And it’s about to get hit by a freight train of innovation. How much do we love freight innovation? 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.

Logistics Network Optimization Software 120

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

6 River Systems

DECEMBER 11, 2018

Study the needs of your supply chain in order to make informed predictions. “Many manufacturers practice demand-driven logistics, meaning they are focused on their customers’ buying signals. The need to predict demand is fairly obvious. It drives most supply chain planning activities.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

CH Robinson Transportfolio

JANUARY 27, 2021

Advanced capabilities like artificial intelligence, machine learning, Internet of Things (IoT), and predictive analytics are driving more automation and enhanced decision-making capabilities. The logistics industry has undergone a massive digital transformation that enables us to have smart, connected global supply chains.

Supply Chain Planning Software 44

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

6 River Systems

JUNE 29, 2020

Finally, leaders reduce disruption by building buffers throughout the supply network and invest in advanced analytics to improve planning and forecasting accuracy.” AI can also start to predict disruptions and then, autonomously prevent or avoid them.” ” — Thomas Y.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116