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

SEPTEMBER 15, 2021

Discovering billing mistakes through leveraged data from freight audits helps shippers identify cost-cutting opportunities through accurate invoicing and payment processing. Freight audit savings might arise from recouping costs due to overbilling, service guarantee failures, or simply using the wrong carrier for each load.

Waste Reduction 52

Waste Reduction Cost Reduction Strategies Analytics Software Resource Reduction 52

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. Get better deals on shipping rates.

Freight 52

Freight Material Savings Resource Reduction Cost Reduction Strategies 52

Silvon Software

JULY 22, 2022

For one thing, today’s operational processes have become more complicated due to the ever-growing number of sources, platforms and touchpoints that must now be analyzed in order to drive actionable insights from them. 60% to 70% is considered a good benchmark of inventory levels. Logistics / Shipping Metrics That.

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

Zipline Logistics

DECEMBER 2, 2019

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. What Does that Mean for Your Retail Shipping Efforts? There are many moving parts in retail shipping. Pallet Configurations Not Fit for Retail Freight Delivery.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Shipping Retail 52

Supply Chain Matters

AUGUST 11, 2022

In our Part Two look back commentary , we observed efforts and activities by businesses directed at restoring more direct control of supply network materials sourcing. Mid-Year Global Transportation Assessment. This index closed the year 2021 at a value of $9,304 per TEU , reflecting a 113 percent year-over-year increase from that of 2020.

Predictive Analytics Software 52

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

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

Freightos

FEBRUARY 4, 2020

But despite its size, containerized freight’s poor visibility persisted. As containerized freight has been slow to digitize in general, a reliable, data-driven, and actionable index has eluded the industry as well. 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. 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

Supply Chain Collaborator

AUGUST 30, 2018

Once only utilized by the largest organizations, cloud computing has brought TMS solutions to the masses with mid-sized and even small shippers able to source and implement solutions that are affordable and effective in automating their logistics processes. Freight settlement capabilities. Parcel shipping support. Ease of use.

Logistics Network Optimization Software 81

Logistics Network Optimization Software Supply Chain Software Supply Chain Planning Software Sourcing Strategies 81

GlobalTranz

AUGUST 14, 2018

Even the most robust plans for continuous improvement in the supply chain will fail without data-driven insights, so blockchain and supply chain analytics can team up to ensure accuracy in reporting, as well as ongoing benchmarking. Think about it. In turn, payment processing grows faster, and productivity increases.

Analytics Software 121

Analytics Software Supply Chain Software Supply Chain Planning Software Analytics 121

Intelligent Audit

DECEMBER 22, 2020

Companies who ship multiple modes and at a large volume need to consider where the data comes from and how it’s used. Sometimes a third party source outside of the company needs to be accessed for data. That includes issues in sourcing transportation capacity, freight settlement, and recordkeeping. Consider this.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Analytics Software Supply Chain Software 52

GlobalTranz

MARCH 24, 2015

Carriers in the trucking industry and also shippers today are actively looking for ways to combat the rising costs of operating their businesses, but they often do not fully understand proper benchmarking, transportation cost analysis, and profit management are intertwined. Outbound freight costs as percentage of net sales.

Benchmarking 120

Benchmarking Purchasing Skills Analysis Cost Reduction Strategies 120

Supply Chain Game Changer

FEBRUARY 27, 2019

Risks exist in land, air and ocean freight. Poor grasp of hazards in your supply chain will increase freight spend and diminish brand value. 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.

Supply Chain Planning Software 57

Supply Chain Planning Software Resource Reduction Price Reduction Waste Reduction 57

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 132

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 132

MIT Supply Chain

FEBRUARY 3, 2022

Next, a backlash is triggered that draws the term’s credibility into question, followed by a revival as professionals in organizations such as consultancies step in to benchmark the term and enshrine it in best practices. Eventually it is “widely used, overused, and possibly abused” and applied indiscriminately, he says.

Sustainability 52

Sustainability Supply Chain Software Supply Chain Purchasing Skills 52

Talking Logistics

FEBRUARY 13, 2015

Bigger Container Ships Pose Bigger Risks (WSJ – sub. Chainalytics Introduces FMIQ Monthly Benchmarking Index. December 2014 Freight Transportation Services Index (TSI). Transportation Department pushes tough oil train standards – sources (Reuters). 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

Freight Plus

SEPTEMBER 20, 2018

Land and ocean carrier consolidation, warehouse automation, shifting sourcing structures, and digital supply chain transformation all have a tremendous impact on the current state of the logistics industry. Moreover, market conditions like the trucking capacity crisis have shippers struggling to move freight on their own.

Negotiating Skills 40

Negotiating Skills Pricing Training Transportation Management Purchasing Training 40

Supply Chain Network

AUGUST 6, 2012

According to the latest American Shipper benchmark survey, transportation spending increased in 2012 – according to 75 percent of respondents – remaining unscathed by budget cuts. Volatile fuel costs, carrier rates and shipping restrictions make it harder than ever before, and demand deeper visibility into spending from companies.

Optimal Sourcing 92

Optimal Sourcing Procurement Solutions Supply Chain Planning Software Procurement Analytics 92

Freightos

NOVEMBER 10, 2020

Of course, COVID-19 has accelerated this trend, with more consumers working from home and ordering online, while it’s also become easier for sellers to source on Alibaba, import, and then sell on Shopify or Amazon.com. In other words, while demand and sourcing was able to keep up, last-mile distribution became a key bottleneck for SMBs.

Los Angeles 156

Los Angeles China Cargo Warehousing 156

Supply Chain Collaborator

OCTOBER 17, 2017

The third party logistics (3PL) model, while critical to smaller, low-volume shippers, has never been the best option for organizations shipping moderate-to-high volumes of freight. However the carrier management, rate management, rate benchmarking and a host of other performance metrics are absent from the 3PL-based tools.

Supply Chain Design Software 60

Supply Chain Design Software Supply Chain Software Modeling Software Logistics Network Optimization Software 60

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? Contact Us.

Optimal Sourcing 52

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

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

Intelligent Audit

AUGUST 26, 2021

Their strength rests in how shippers leverage technology and how they apply the data from myriad data sources to make sense of what’s happening and how it all affects transportation spend. The first thing to know in the digital age of freight audit and payment best practices is the importance of the digital twin.

Freight 52

Freight Analytics Software Demand Planning Software Logistics Network Optimization Software 52

ToolsGroup

APRIL 1, 2022

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Source: Consultancy.UK. Image source: Fortune. Consultancy UK). Supply Chain Dive).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Logistics Viewpoints

APRIL 25, 2024

Some have automated, gateless check-in; some direct the drivers to check in with the shipping office. Case-in-point: my company FourKites will collaborate with 16 other supply chain industry leaders — including BlueYonder, e2open, Oracle, Uber Freight, and JB Hunt, to name a few — as part of the Scheduling Standards Consortium (SSC).

Expense Reduction 222

Expense Reduction Cost Reduction Strategies Supply Chain Design Software Inventory Reduction 222

Logistics Viewpoints

JULY 19, 2023

Most recently, the APQC has conducted best practice and benchmarking research on environmental sustainability. One area of concern for the long-term health of the world is the use of packaging in both the manufacturing and shipping of products.

Sustainability 193

Sustainability Optimal Sourcing Logistics Material Savings 193

Intelligent Audit

MAY 9, 2022

With ongoing recovery firmly in progress across multiple industries, one of the most significant challenges facing freight forwarders, supply chain managers, and transportation service providers is the issue of payment and freight bill payment service management. Standardize Shipping Cost Audits for Apples-to-Apples Comparisons.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Freight Material Savings 52

CH Robinson Transportfolio

DECEMBER 6, 2016

Whenever your product requires temperature controlled shipping , you’ll automatically add a layer of complexity to the job. More than ever before, consumers are making thoughtful food choices based on ingredients, source, company story, and perceived health benefits. Is Temperature Controlled LTL Right for Your Business?

Sourcing Strategies 34

Sourcing Strategies Food Expense Reduction Inventory Reduction 34

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times.

Waste Reduction 274

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

Zipline Logistics

JANUARY 17, 2023

When you think of sustainability, you might think of CPG brands practicing ethical sourcing or using recyclable packaging. Misaligned production, warehousing, and transportation functions are also a large source of supply chain inefficiencies, and they can cost brands big in wasted resources, time, and money. . Electric Vehicles .

Resource Reduction 78

Resource Reduction Waste Reduction Vendor Strategies Optimal Sourcing 78

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

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

The tight capacity and shipping downtime can increase rates and severely disrupt freight flow for months. As it takes time for shipping to reset back to ordinary capacity levels and flows, this change impacts rates, and can also influence other supply chain decisions where transportation rates and on-time performance play a major role.

Predictive Analytics Software 130

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

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

Logility

SEPTEMBER 16, 2022

You can see three warehouses and almost every warehouse shipped to each destination city. Find the case where a customer node is right near the Alabama warehouse but is shipped from the Nevada warehouse. Modelers generally use three methods: quotes from carriers, regression analysis , and benchmark (market) data.

Modeling 130

Modeling Modeling Software Optimization Modeling Logistics Network Optimization Software 130

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.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Predictive Analytics Analytics 52

Talking Logistics

FEBRUARY 1, 2019

req’d) How Blockchain Could Benefit Levi’s Worker Well-Being Initiative (Sourcing Journal) Companies Plan for Tariffs, More Paperwork in Case of ‘No-Deal’ Brexit (WSJ – sub. Uber Freight: Transportation Facility Brand Managers. Having greater access to data, particularly benchmarking data, is also empowering shippers.

Logistics Network Optimization Software 104

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Network Software Demand Planning Software 104