Unleashed

APRIL 9, 2024

However, OTIF measures the delivery performance of complete orders shipped on time, whereas OTD focuses solely on the timeliness of deliveries, regardless of order completeness. This can happen when you prioritise shipping dates over order completeness or speed over accuracy. For example, let’s say you report an OTIF rate of 95%.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Waste Reduction Cost Reduction Strategies 52

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. More companies are looking to an automated system for helping to identify weather events that may impact a client’s transportation network and usual shipment lanes.

Predictive Analytics Software 130

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

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

Intelligent Audit

JANUARY 17, 2023

With 2022 now in the past, key players in the transportation industry are reflecting on the wins, losses, and toss-ups of 2022. 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. 24, UPS delivered 97.5%

Logistics Network Optimization Software 52

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

Zipline Logistics

FEBRUARY 9, 2021

As the business world further integrates advanced tech in the automated realm, logistics data will only become more important to CPG brands aiming to improve their transportation performance while reducing costs. It is critical to leverage transportation analytics to get the most out of your operation. Learn More.

Optimal Sourcing 52

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

Precoro

MAY 19, 2023

By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time. Shipment damages can be caused by unpredictable circumstances, but also by insufficient packaging, problematic transportation procedures, and careless delivery partners.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Unleashed

FEBRUARY 1, 2023

Demand planning is the process of predicting what customer demand will be for a certain product. The demand planning process can be extremely complex as it requires the analysis of numerous factors, including historic and current datasets and internal analytics. What is demand planning? The demand forecasts can then be refined.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 52

Supply Chain Trend

AUGUST 13, 2020

On the other hand, augmentation — expanding supply chain knowledge with insights, predictions, and recommendations — maintains human centricity in the decision- making process. A system can automatically ship stock across the supply chain to optimize customer service and minimize obsolescence.

Supply Chain Software 147

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 147

Requis

OCTOBER 30, 2020

It comes down to understanding of technologies, systems, and analytics. People still need to know the basics, but the big change is in the analytics area. We have a couple of people in our business who are amazing at building online analytics tools to analyze inventory, provide benchmarking, and all sorts of diagnostic tools.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

ShipBob

APRIL 15, 2024

It also factors in other expenses involved in holding, maintaining, and preparing inventory for sale, such as inventory storage , transportation, labor, and marketing. However, it’s also important to consider any industry-specific GMROI benchmarks to make sure that your business is keeping up with the competition.

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 52

Logistics Viewpoints

FEBRUARY 28, 2022

Having an agent detect how long it takes to ship from a supplier site to a manufacturing facility, and then doing a running calculation on how the average lead time is changing, is trivial math. That is every machine, factory, DC, mode of transportation, supplier, product, material, etc. Natural Language Processing is Also Being Used.

Optimal Sourcing 282

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 282

Intelligent Audit

AUGUST 3, 2021

The importance of analytics within the modern supply chain network has never been more apparent or critical than today’s market. The lack of end-to-end visibility and applicable metrics has made it difficult for parcel carrier s and shippers to envision the value of data and analytics within their network systems.

Analytics Software 52

Analytics Software Predictive Analytics Supply Chain Planning Software Analytics 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. Even challenges in a singular mode, such as ocean, can have a compounding effect on other modes, including OTR transportation. supply chains.”

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Predictive Analytics Analytics 52

FLEXE

MARCH 28, 2017

Because of this, a simple activity like mapping and visualizing supply chain flows can often spark critical questions such as, “Why are materials sourced from Region A, produced in Region B, then air-shipped as finished product back to Region A?” Citations: 1: LLamasoft 2015 and 2016 Benefit Benchmarking Study.

Supply Chain Design Software 28

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 28

FLEXE

MARCH 29, 2017

Because of this, a simple activity like mapping and visualizing supply chain flows can often spark critical questions such as, “Why are materials sourced from Region A, produced in Region B, then air-shipped as a finished product back to Region A?”

Supply Chain Design Software 31

Supply Chain Design Software Supply Chain Design Material Savings Sourcing Strategies 31

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

Although 2023 first half reliability has been improving to around 65%, the lead time variability is still high compared to other modes of transportation, and still below pre-pandemic levels. Certain shipping lines are investing in the last mile companies. but when demand slowed, the pressure to reduce inventory becomes a lot higher.

Rail Software 244

Rail Software Real-time Visibility Supply Chain Planning Software Predictive Analytics Software 244

RFgen

FEBRUARY 29, 2024

Meanwhile, incorporating automation, digital monitoring, and data analytics assist in optimizing production. Harnesses Data for Decision-Making Pfizer uses sophisticated data analytics to streamline its operations and enhance decision-making processes. This is how Pfizer predicts potential shortages before they happen.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Pharmaceutical Supply Chain Software 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. According to Transport Dive , “Morgan Stanley said in an Oct.

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Inventory Reduction Material Savings 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

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

The Logistics of Logistics

APRIL 30, 2018

By just registering into a logistics network through an app, ANYONE can become a valid, authentic transporter. Let’s take an example: A supplier, Mr. Daniel of ABC Goods, needs to ship a consignment from location A to location B. You can get to pick and choose your transporter through the app. Inability to place customer

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Planning Software Analytics Software Predictive Analytics Software 100

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. What Is Carrier Contract Optimization?

Optimal Sourcing 52

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

Freightos

JULY 23, 2015

It’s no coincidence that Transport Intelligence just emailed me an invitation to The Future of Logistics conference. Movers marketplace matching shipping requirement with freelance student drivers. Supply chain platform matching drop-ship retailers, manufacturers, distributors and freight forwarders. Really hot.

Logistics Network Optimization Software 120

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

SCMDOJO

MARCH 19, 2024

These tools can help research competitors’ SEO and content strategies to benchmark performance. Infographics can reveal its impact on supply chains or be used to spotlight how visibility prevents supply disruption, drawing on statistical examples of global SDP or shipping costs for its evidence.

Supply Chain Visibility 81

Supply Chain Visibility Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 81

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. Typically, it leverages a unified platform that allows a shipper to manage all modes of transportation, in all regions of the world.

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.” These tools can also rapidly model alternate supply and transportation scenarios, such as rerouting around a port strike or going to an alternate source of supply.”

Supply Chain Planning Software 116

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

Supply Chain Movement

SEPTEMBER 28, 2016

Eyefortransport is currently seeing major consolidation occurring in the shipping industry and expects to see further moves as logistics providers look to take advantage of e-commerce, cross-border trade and shifting global demand. Technology threat. When asked where their LSPs fall short most often, customers responded with ‘innovation’.

Europe 60

Europe Guinea-Bissau 3PL Virgin Islands 60

Supply Chain Movement

SEPTEMBER 28, 2016

Eyefortransport is currently seeing major consolidation occurring in the shipping industry and expects to see further moves as logistics providers look to take advantage of e-commerce, cross-border trade and shifting global demand. Technology threat. When asked where their LSPs fall short most often, customers responded with ‘innovation’.

Guinea-Bissau 60

Guinea-Bissau Logistics Network Optimization Software Virgin Islands Papua New Guinea 60