Talking Logistics

JANUARY 31, 2017

There is a significant amount of angst in the transportation marketplace lately in regards to freight spend forecasts. In other words, if a planner receives multiple spot quotes for a load, the best he or she can do is a comparative analysis between the quotes without a benchmark. Technology vs. Manual Benchmarking Approach.

Benchmarking 100

Benchmarking Negotiating Skills Cost Reduction Strategies Resource Reduction 100

Talking Logistics

SEPTEMBER 4, 2022

How do you best determine how long and how often to have transportation sourcing events? The good news is that companies today have greater access to real-time benchmarking data and market intelligence. Read more [Video] Why Benchmarking is the First Step to a Successful Freight Procurement Event.

Benchmarking 130

Benchmarking Video Procurement Freight 130

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

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

Freightos

DECEMBER 4, 2015

The broader climate issue.and freight’s role. The emissions from freighting Shawn’s TV is a miniscule percentage of this year’s 33 billion ton cube. Finding freight’s contribution to GHG took a lot of digging. . Click the button on the right to see our sources. kg of carbon emissions. This is a big deal.

Freight 120

Freight Cost Reduction Strategies Optimal Sourcing Nashville 120

The Logistics of Logistics

MAY 24, 2021

Brad is Vice-President of Sales at FreightWaves , a leading freight intelligence provider, offering current digital intelligence and context to the freight community on a central platform. FreightWaves provides the ability to benchmark, analyze, monitor & forecast the $9.6T About Brad Guinane. About FreightWaves.

Cost Reduction Strategies 130

Cost Reduction Strategies Analytics Software Forecasting Software Logistics Network Optimization Software 130

Logistics Viewpoints

JANUARY 16, 2023

APQC and the Digital Supply Chain Institute (DSCI) have conducted best practice and benchmarking research on MDM. APQC is a member-based nonprofit that conducts benchmarking, best practices, and performance improvement research. For example, FourKites relies heavily on latitude and longitude coordinates for freight.

Data 197

Data Supply Chain Planning Software Benchmarking Supply Chain Software 197

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

Zipline Logistics

MARCH 30, 2021

Following an unprecedented downturn, the freight market has posted an almost full calendar year of impressive growth spurred by demand from a few sectors of the domestic economy. The second half of the past quarter was highly atypical and posted freight volumes that vastly exceeded those generally seen during peak season.

Freight 52

Freight Manufacturing Procurement Los Angeles Purchasing Skills 52

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

Supply Chain Game Changer

JULY 3, 2019

Sustainability is created at the source of our products, services, and consumption. Sustainability is created from Responsible Sourcing. How can you make Responsible Sourcing a Reality? If you can excite the people around you about sourcing responsibly, chances are you’ll be able to formulate a network of internal champions.

Sourcing Strategies 58

Sourcing Strategies Purchasing Skills Sourcing Sustainability 58

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. Source: Commerce Dept.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Supply Chain Planning Software California 60

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. Freight Bill Accuracy. Freight Cost Per Unit.

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

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

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

MIT Supply Chain

MARCH 2, 2021

Truck transportation comprises 75% of all freight in Latin America. Currently, the state of the logistics market is measured by the Logistics Performance Index (LPI), a benchmarking tool developed by the World Bank. including owner-operators.

Comparison 52

Comparison America Transportation Colombia 52

Turvo

AUGUST 18, 2021

Benchmark and Analyze the Current Process in Your Existing Supply Chain. Sometimes outside sources are the best research tools available. The ability to view real-time freight analytics can monitor performance while integration takes place. Many businesses are unaware of the outdated processes they adhere to.

Analytics Software 98

Analytics Software Demand Planning Software Supply Chain Software Logistics Network Optimization Software 98

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%. A combined system will also leverage open-source software to ensure compatibility.

Analytics Software 95

Analytics Software Supply Chain Software Optimization Software Supply Chain Optimization 95

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 236

Optimal Sourcing Purchasing Skills Real-time Visibility Procurement Analytics 236

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. Ability to benchmark data. Ease of use.

Logistics Network Optimization Software 81

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

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

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. Extreme weather represents one of the most significant risks to ocean freight on the globe. Source raw materials from reclamation centers where possible. Extreme Weather Events.

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 130

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

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. At the end of 2019, prior to the onset of the Covid-19 global pandemic, this index stood at $1,832 per TEU.

Predictive Analytics Software 52

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

Intelligent Audit

DECEMBER 22, 2020

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. The Big Benefits of Technology in Optimized Freight Management. Lack of external data. But that’s only the beginning.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Analytics Software Supply Chain Software 52

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.

Analytics Software 121

Analytics Software Supply Chain Software Supply Chain Planning Software Analytics 121

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. This trend is also better known as the evolution of halal or when applied to an organisation: the corporate halal maturity.

Risk Management 130

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

TMC

JULY 6, 2017

Raw material shortages lead to delays in production, which decreases your lead time and makes your freight more critical than usual. There is suddenly a need to know—in very specific detail—the answers to questions like: Where is my freight? You have to know where your freight is in order to know where and how you need to take action.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chain Disruption Supply Chain Network Software 62

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. Freight & Transportation Information Technology PaulMartyn Procurement' ‘Keep on trucking’ has a new meaning. Paul Martyn.

Optimal Sourcing 92

Optimal Sourcing Procurement Solutions Supply Chain Planning Software Procurement Analytics 92

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

Resilinc

APRIL 13, 2021

9) Supply chain teams collaborate with product designers to minimize exposure to high-risk parts and suppliers, as well as to incorporate appropriate mitigations, such as designing products to allow for alternate-sourcing and incorporating IP escrow clauses with small suppliers. ALIGN COMPENSATION AND INCENTIVES WITH STRATEGIC GOALS.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Strategy 62

Freight Plus

APRIL 1, 2020

As more and more warehouses and manufacturing plants are implementing rules around receiving freight, we are increasingly seeing trucks denied entry into facilities. We also believe it is important to use third party sources to validate carrier bids. What is going on IMDL?

Price Reduction 52

Price Reduction Warehousing Sourcing Strategies Cost Reduction Strategies 52

Freight Plus

APRIL 1, 2020

As more and more warehouses and manufacturing plants are implementing rules around receiving freight, we are increasingly seeing trucks denied entry into facilities. We also believe it is important to use third party sources to validate carrier bids. What is going on IMDL?

Price Reduction 52

Price Reduction Warehousing Sourcing Strategies Cost Reduction Strategies 52

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

The Logistics of Logistics

OCTOBER 10, 2020

FreightWaves is the leading freight intelligence provider, offering current digital intelligence and context to the freight community on a central platform. FreightWaves is the leading FreightIntel provider, offering current digital intelligence and context to the freight community on a central platform. About FreightWaves.

Analytics Software 130

Analytics Software Logistics Network Optimization Software Forecasting Software Sourcing Strategies 130

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