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

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. Shipping Frequency, Service Routing, Delivery Time, Compensation Clause, etc.,)

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

The Logistics & Supply Chain Management Society

MARCH 14, 2023

What tools we can use to benchmark ocean freight and carriers’ service reliability? Types of Ocean Freight Contract POSSIBLE TOOLS FOR BENCHMARKING RATES Like in any industry, we gather market Intelligence through our own network. This network could be customers, other shippers and also carriers, and 3PLs.

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

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

Logistics Viewpoints

OCTOBER 2, 2023

This allows the company to do some interesting benchmarking. While it is difficult to attribute increased sales to having a higher percentage of on-time shipments, not shipping everything a customer ordered clearly impacts top line revenue. FourKites believes they have the largest repository of supply chain data in the world.

Real-time Visibility 218

Real-time Visibility Supply Chain Visibility Inventory Reduction Agile and Lean Supply Chain 218

Logistics Viewpoints

MARCH 27, 2023

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. In consumer goods industries, better forecasting leads to lower fines from retailers for late or incomplete deliveries. This increases sales.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

GlobalTranz

JULY 26, 2017

What happens when shippers simply forgo implementing shipping technology, and how can shape their future demise? Shippers Must Weigh In-House Versus Off-the-Shelf Shipping Technology Solutions. The first struggle with implementing shipping technology in an enterprise goes back to considering in-house versus outsourced tech solutions.

Analytics Software 122

Analytics Software Supply Chain Design Software Demand Planning Software Logistics Network Optimization Software 122

The Logistics of Logistics

DECEMBER 5, 2022

Brad brings it all to the table from characterizing Emerge’s brand and culture, presenting Emerge’s value proposition to the industry, and determining pivotal insights to enhance customer experience. Emerge launches Benchmarking. Brad’s higher education includes a B.S. About Emerge. Awarded Podcast.

Supply Chain Network Software 210

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

Freight Plus

SEPTEMBER 25, 2018

That's why we benchmark. Here are 5 reasons you should be benchmarking your carriers: Growth. Are you now drop shipping, plus going to warehouses, as well as distribution centers? How much empty space is in each one of those ships, trains, planes, and automobiles ends up dictating where the market rates fall. embarrassed.

Benchmarking 40

Benchmarking Purchasing Training Negotiating Skills Cost Reduction Strategies 40

Logistics Bureau

AUGUST 30, 2022

Here’s the overview of the discussion: Brief Industry Update. Freight-related articles have appeared throughout our website, check them out: Freight Benchmarking: What Is It? Why Containerised Freight Shipping is Daunting for SMEs. Ocean Freight Tips. Related case study. ?.

Freight 83

Freight Forecasting Case Study Benchmarking 83

GlobalTranz

AUGUST 18, 2021

That includes analysis of current operations, costs by mode, performance and benchmarking of existing partnerships. By combining that with the ability of a 3PL to assist with warehouse functions, including packing and shipping, it is easier to derive more value. . Always Turn to the Data to See Expectations for ROI and Value.

Logistics Network Optimization Software 309

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Optimization Software 309

Logistics Viewpoints

NOVEMBER 18, 2021

Approximately 80% of respondents agree that there is a general lack of understanding of how AI-based software can be put into practice to enhance warehouse/distribution center operations across multiple industries. Getting started with AI in the DC. Getting going with AI without stumbling can be challenging. Dynamic Slotting.

DC 255

DC Optimization Software Demand Planning Software Supply Chain Planning Software 255

ThroughPut

FEBRUARY 2, 2024

Whether it’s choosing optimal shipping routes, adjusting inventory levels, or setting production schedules, it leverages predictive insights to recommend the best course of action. This advanced form of supply chain analytics offers agility and adaptability, setting new benchmarks for data-driven decision-making.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

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

Supply Chain Shaman

SEPTEMBER 10, 2023

The industry is getting less value of supply chain planning than in the 1990s when the platforms were first defined, and supply chains were regional. Across industries, we carry 28 more days of inventory. I continue to be amazed that the industry is alive with the hype cycle of generative AI but is moving so slowly to adopt the Web2.0

Supply Chain Planning Software 251

Supply Chain Planning Software Modeling Forecasting Software Supply and Demand 251

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

Supply Chain Shaman

NOVEMBER 10, 2013

This week I interviewed Robert Byrne, Founder of Terra Technology , on the results of their fourth benchmarking study on forecasting excellence. The work done by Terra Technology, in my opinion, is one of two accurate sources of benchmark data on forecasting in the industry. The other is Chainalytics demand benchmarking.

Supply and Demand 228

Supply and Demand Forecasting Forecasting Software Modeling Software 228

Logistics Viewpoints

JUNE 30, 2021

APQC has conducted benchmarking and best practices research on supplier risk management. APQC is a nonprofit organization focused on benchmarking, best practices, performance improvement, and knowledge management. The perspectives in this research on supplier risk are drawn from the over 600 respondents across various industries.

Risk Management 226

Risk Management Scenario Planning Supply Chain Planning Software Supply Chain Disruption 226

Supply Chain Game Changer

OCTOBER 29, 2020

Knowing the cargo, the packing, and shipping requirements will enable the team to select the most suitable supplier from the database. Use of Freight Rate Benchmarking. Freight rate benchmarking and market intelligence will greatly assist you irrespective of the size of your business. Freight Shipping Intelligence.

Sourcing Strategies 75

Sourcing Strategies Negotiating Skills Optimal Sourcing Negotiate Pricing 75

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

Turvo

MARCH 31, 2021

Businesses need to ensure that their shipping and logistics protocols and customer communications are more integrated than they ever have been before —this is now known as the “Amazon Effect.” As an exchange for survey participants’ time, Turvo will provide a complimentary report to those who complete the poll.

Survey 89

Survey Supply Chain Procurement Analytics Benchmarking 89

GlobalTranz

SEPTEMBER 24, 2018

The need to integrate existing systems and offer the best pricing in the industry has never been greater. According to Michael Khalil of Inbound Logistics, primary transportation management challenges in e-commerce include: Increased complexity of shipping strategy. Faster shipping. Better customer service levels.

Transportation Management 210

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

Freightos

MARCH 23, 2023

As volumes and congestion have eased though, Sea Intelligence data shows that reliability is improving (though with about 50% of ships arriving on time, things are still not great compared the 80% pre-pandemic norm) and utilization levels are back to pre-pandemic levels which in turn are driving the decrease in rates. More (too much?)

Price Reduction 156

Price Reduction Industrial Industry Inventory Reduction 156

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

Locus

SEPTEMBER 19, 2023

One key factor for this is consumer expectations continue to reach higher benchmarks. According to Statista, 68% of online shoppers expect free shipping/delivery and 37% expect next-day delivery. That said, some countries and industries are leading the pack in key aspects of enabling last-mile excellence.

Report 52

Report UAE Expense Reduction Negotiating Skills 52

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

Freightos

AUGUST 29, 2019

Accenture estimates that’s manual processes have exposed the ocean shipping industry to $34.4 Building a relationship is nice but large businesses get that way by managing costs, automating process where possible. Firstly, automation reduces error. Automation also frees up more time to sell.

Logistics Network Optimization Software 202

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

Logistics Viewpoints

AUGUST 25, 2021

SaaS solutions are becoming the norm in the industry, and this does not just apply to smaller companies that are targeting Tier 2 and Tier 3 customers. And finally, have strong consultative capabilities in terms of network design, strategic procurement, and transportation rate benchmarking. Look to the Cloud.

Price Reduction 284

Price Reduction Cost Reduction Strategies Expense Reduction Price Mitigation Strategies 284

AFFLINK

MAY 4, 2017

For example, many companies ship beverages from one location to another. Shipping costs occur in relation to dimension. Adjusting the length, width, and depth of the package to fit the shipping needs of the product, to efficiently utilize space within the package, and to place the desired number of packages on a pallet saves cost.

Material Savings 48

Material Savings Packaging Shipping Cost Reduction Strategies 48

BlueYonder

MARCH 30, 2023

According to Incisiv, while most retailers benchmark themselves against Amazon’s shipping speed and Target’s store fulfillment, few do so against the outsized value their membership programs deliver to members. For example, 56% of shoppers have abandoned their carts due to concerns about delivery time.

Real-time Visibility 85

Real-time Visibility Eliminating Excel in Purchasing Purchasing Skills Procurement Analytics 85

GlobalTranz

MAY 26, 2017

With the rise of Amazon, consumers have also been able to access an endless product array at historic, record-low shipping costs. Statistics Indicate Industry-Wide Need for Better Customer Experience Is Growing. Free shipping. Immediate shipping. Alight shipping strategy with retail strategy.

Cost Reduction Strategies 166

Cost Reduction Strategies Expense Reduction Logistics Network Optimization Software Negotiating Skills 166

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

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. Key Takeaways: Tech is the Game Changer for Truckload Shipping Communication. About Mitch Violett.

Shipping 130

Shipping Waste Reduction Negotiating Skills Montana 130

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 Viewpoints

NOVEMBER 23, 2020

Further complicating their supply chain is the fact that they operate in a heavily regulated industry. Our inventories were in line with benchmarks, but we knew that intensifying the pace of launches could become challenging in the long run.”. Ipsen produces drugs to treat oncology, neurology, and rare diseases. The results?

Customer Service 192

Customer Service Supply and Demand Logistics Network Optimization Software Supply Chain Planning Software 192

GlobalTranz

DECEMBER 29, 2015

Transportation Industry Braces for a Looming Transportation Capacity Crunch Crisis in 2017. However, it’s important to review your pattern of freight spend in relation to sales so that you may set a benchmark. However, outsourcing non-core competencies has now become a widely accepted practice across many industries.

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. Specialized – $1.73 Truckload – $1.51 On-time pickups.

Benchmarking 120

Benchmarking Purchasing Skills Analysis Cost Reduction Strategies 120