Tecsys

JUNE 21, 2021

Supply & Demand Chain Executive, the executive’s user manual for successful supply and demand chain transformation, has selected Tecsys as a recipient of the Top Supply Chain Projects Award for 2021 in association with the company’s supply chain transformation project at Montreal-based logistics and transportation company, Fuel Transport.

Benchmarking 83

Benchmarking Transportation Supply Chain Supply and Demand 83

Logistics Bureau

DECEMBER 14, 2020

Business benchmarking is recognised as one of the best management tools around. But what exactly is supply chain benchmarking and why is it so important? In business, a benchmark is a measure of performance. How to benchmark? The What, Why, How of Supply Chain Benchmarking. The Origins of Benchmarking.

Benchmarking 96

Benchmarking Supply Chain Software Supply Chain Warehousing 96

Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. The answer is to benchmark your freight, of course. What is Freight Benchmarking?

Benchmarking 68

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 68

The Logistics of Logistics

AUGUST 28, 2023

Sarah is a Shipper Sales Manager at DAT , an online marketplace that connects shippers and carriers in the transportation industry. She brings almost 20 years of supply chain and benchmarking experience to DAT, where she is focused on providing actionable insights to shippers through DAT’s Benchmark Analytics and Rateview benchmarking tools.

Logistics Network Optimization Software 241

Logistics Network Optimization Software Analytics Software Supply Chain Planning Software Supply Chain Network Software 241

Logistics Bureau

MARCH 23, 2021

BENCHMARKING your Supply Chain is recognized as one of the Top 3 Management Tools to improve Supply Chain performance. So in this episode, we will talk about the 3 Ways of Effective and Efficient Benchmarking. Benchmarking Success: The What, Why, How of Supply Chain Benchmarking. Best Regards, Rob O’Byrne.

Benchmarking 87

Benchmarking Supply Chain Software Supply Chain KPI 87

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

Logistics Bureau

APRIL 19, 2021

I have benchmarked supply chains for businesses all over the world for 25 years or so and have seen some incredible results. If you’ve never done a benchmarking exercise before, read on. The Benefits of Benchmarking. The Benefits of Benchmarking. You might be wondering what the benefits are of benchmarking.

Benchmarking 98

Benchmarking Supply Chain Performance Supply Chain Exercises 98

Logistics Bureau

OCTOBER 19, 2020

Well, I asked Steven Thacker, one of our benchmarking management experts, exactly that question! What is Benchmarking? Benchmarking is essentially comparing; comparing one against another. Those levels are “benchmarks”. Of course, benchmarks and benchmarking can cover all kinds of different things, at work or elsewhere.

Benchmarking 52

Benchmarking Agile and Lean Supply Chain Supply Chain Planning Supply Chain Strategy 52

CHAINalytics

JANUARY 9, 2018

FMIC Pulse provides new levels of data … The post Chainalytics’ Freight Market Intelligence Consortium (FMIC) Introduces Real-time Transportation Benchmarking Solution with FMIC Pulse appeared first on Chainalytics.

Benchmarking 0

Benchmarking Analytics Software Freight Transportation 0

GlobalTranz

SEPTEMBER 24, 2018

In the age of e-commerce, maintaining the status quo will result in failure, disgruntled customers and added expenses, but shippers that leverage 3PL resources to apply transportation management best practices for e-commerce , as listed below, can navigate the issues that arise in e-commerce and achieve sustained profitability.

Transportation Management 210

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

Talking Logistics

SEPTEMBER 29, 2016

Whether you need to inform management that your performance is superior or has improved, or identify opportunities in the procurement process to drive additional economic value – there is no better time to benchmark and bid your carrier rates than now. We believe there is no such thing as a bad outcome from a benchmark event.

Benchmarking 100

Benchmarking Negotiating Skills Price Reduction Cost Reduction Strategies 100

GlobalTranz

DECEMBER 29, 2015

We continue our series on the most read articles from the Cerasis blog for 2015 today by featuring any of the blogs in the transportation management or transportation categories. . Top 10 Most Read Transportation Management and Transportation Articles of 2015. We list them in order of the tenth most read to the most read.

Transportation Management 120

Transportation Management Transportation Cost Reduction Strategies Sourcing Strategies 120

Talking Logistics

MAY 7, 2019

Transportation cost savings is usually cited as the number one reason companies invest in a transportation management system (TMS), but does the value go beyond that? During our conversation, Chris shared some insights and advice from some TMS benchmarking studies he conducted recently. Transportation benchmark studies.

Transportation Management 101

Transportation Management Demand Planning Software Transportation System 101

Talking Logistics

JULY 27, 2022

At a recent industry conference, a shipper asked me many questions about transportation procurement, such as, “How do you best determine how long and how often to have transportation sourcing events?” Read more Why Benchmarking is the First Step to a Successful Freight Procurement Event. The good news.

Benchmarking 190

Benchmarking Procurement Freight Conference 190

DAT Solutions

JANUARY 27, 2021

Members of the Freight Market Intelligence Consortium (FMIC), a group of leading shippers who use DAT iQ for benchmarking, identified two key strategic trends. . Supply chains faced unprecedented disruptions in 2020, but the pandemic provided fresh perspectives for 2021.

Supply Chain Strategy 91

Supply Chain Strategy Benchmarking Strategy Price Mitigation Strategies 91

Talking Logistics

APRIL 12, 2018

DC Velocity and Descartes have conducted a transportation benchmark study for the last two years to help transportation professionals understand what is driving the market, and how the strategy and tactics of top performers differ from the rest of the pack. Directly opposing macroeconomic trends.

Transportation Management 104

Transportation Management Logistics Network Optimization Software Supply Chain Planning Software Modeling Software 104

Supply Chain Movement

APRIL 22, 2016

The need to benchmark supply chain performance runs deep in many companies. For many companies, the search for benchmarking data becomes the end in and of itself, rather than the means to an end. Often, companies go through the trouble of completing a benchmark, only to then let the results collect dust on a bookshelf.

Benchmarking 60

Benchmarking Supply Chain Planning Software Gartner Pharmaceutical 60

Supply Chain Collaborator

JULY 25, 2016

Here are some closely guarded secrets from super users of TMS solutions regarding how they’re leveraging the captured transportation data and harnessing it to supercharge their TMS results. The first phase of successful TMS usage involves using the solution to drive visibility into one’s own transportation processes, network and capabilities.

Benchmarking 60

Benchmarking Data Logistics Network Optimization Software Supply Chain Software 60

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

Talking Logistics

NOVEMBER 19, 2015

It can be a difficult choice to make; supply chains are not one-size-fits-all, and your transportation technology solutions shouldn’t be, either. It could be the “just right” fit a company is looking for, especially when considering large-scale changes to a transportation model.

Transportation Management 100

Transportation Management Supply Chain Design Software Supply Chain Planning Software Modeling Software 100

BlueYonder

DECEMBER 17, 2013

American Shipper recently released its annual benchmark report entitled “ Global Transportation Management Benchmark Study: Climbing the Visibility Sophistication Ladder.” When looking at other aspects of transportation process such as consolidation and routing opportunities, the measurement is quite simple.

Global Transportation 56

Global Transportation Benchmarking Study Modeling 56

Logistics Viewpoints

OCTOBER 2, 2023

FourKites CEO, Matt Elenjickal One of the two leaders in the real-time transportation visibility market is FourKites. This allows the company to do some interesting benchmarking. Calling the FourKites platform a real-time transportation visibility solution is a misnomer; This is a real-time supply chain visibility solution.

Real-time Visibility 218

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

CHAINalytics

MARCH 11, 2019

Atlanta, GA (March 11, 2019) — Chainalytics, a global leader in supply chain consulting, analytics, and market intelligence has entered into a strategic alliance with Tsol, a Mexico-based consulting firm and logistics technology provider, to deliver its freight rate benchmarking service within Mexico.

Mexico 60

Mexico Benchmarking Logistics Network Optimization Software Freight 60

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

It serves as the compass guiding shippers toward efficient, economical, and dependable cargo transport. By crafting a well-defined strategy, businesses can mitigate transportation costs, mitigate supply chain disruptions, and uphold customer satisfaction. At the heart of it all, an effective procurement strategy remains paramount.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

Logistics Viewpoints

MAY 1, 2023

On April 4 th , Kyle Masters – the senior manager of transportation procurement at Simmons Foods, participated in a webinar hosted by Emerge. The webinar focused on Simmons Food’s approach to transportation procurement. The transportation team supports 13 production facilities. He ran a network RFP (request for proposal) event.

Food 210

Food Transportation Supply Chain Network Software Logistics Network Optimization Software 210

MIT Supply Chain

MARCH 2, 2021

Latin American countries have particular challenges related to truck transport. Truck transportation comprises 75% of all freight in Latin America. So for a company to be competitive in the region, it’s imperative that they know how to effectively navigate countries’ transportation markets.

Comparison 52

Comparison America Transportation Colombia 52

The Logistics of Logistics

JULY 27, 2022

and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. Mark’s 34 years in transportation and logistics includes experience with Transplace, where he held the position of Sr. Hunt Transport, Inc. in Transportation and Logistics from Arkansas State University.

Logistics Network Optimization Software 186

Logistics Network Optimization Software Supply Chain Network Software Analytics Software Modeling Software 186

Talking Logistics

DECEMBER 22, 2014

In the first episode of this educational series focused on the link between transportation management and supply chain excellence, Chris Timmer from LeanLogistics outlined the attributes of a strong transportation management foundation and how to build it. How to connect your transportation strategy with your business plan.

Supply Chain Strategy 134

Supply Chain Strategy Strategy Price Mitigation Strategies Transportation 134

Talking Logistics

SEPTEMBER 6, 2016

Managed transportation service providers work to deliver transportation solutions to maximize service at the lowest cost through people, process, and technology. The process involves investigating the current transportation activities and engaging in new opportunities for cost-savings while optimizing service levels.

Optimal Sourcing 100

Optimal Sourcing Logistics Network Optimization Software Transportation Cost Reduction Strategies 100

Logility

JANUARY 12, 2021

There are many ways to view data, but those that are particularly useful in supply chain analytics are reporting, score carding, dashboarding and benchmarking. For instance, a modern report for a manufacturer might display all the data about transportation providers as usable information, in a scorecard format. Benchmarking.

Prescriptive Analytics Software 131

Prescriptive Analytics Software Supply Chain Planning Software Analytics Software Predictive Analytics Software 131

Logistics Viewpoints

APRIL 5, 2023

Most recently, the APQC has conducted best practice and benchmarking research on digital transformation. This report provides a cross-industry perspective on digital transformation in logistics including digital maturity in inventory management, transportation, fleet maintenance, safety and compliance, and more.

Logistics Network Optimization Software 246

Logistics Network Optimization Software Analytics Software Predictive Analytics Software Inventory Management Software 246

Talking Logistics

DECEMBER 21, 2015

In this episode, Derrick Muilenburg, Manager of Optimization Services at LeanLogistics , will discuss four key steps to achieving an optimal transportation network — Benchmarking, Network Modeling, Transportation Simulation, and Network Design — and answer frequently asked questions, such as: How often do you perform these steps?

Network Optimization 100

Network Optimization Supply Chain Optimization Modeling Optimization Software 100

Freight Plus

SEPTEMBER 25, 2018

That's why we benchmark. Here are 5 reasons you should be benchmarking your carriers: Growth. Year-over-year capacity, consolidation, and fuel rates help to set the market and while some modes of transportation have seen only incremental increases others have seen major dips and drops. benchmarking your carriers. ?

Benchmarking 40

Benchmarking Purchasing Training Negotiating Skills Cost Reduction Strategies 40

Talking Logistics

JUNE 21, 2021

Read more Benchmarking – How to Drive Performance in Volatile Times. The post Benchmarking – How to Drive Performance in Volatile Times appeared first on Talking Logistics with Adrian Gonzalez. The problem is that too often companies look only at internal metrics for the answer.

Benchmarking 130

Benchmarking How To Metrics Logistics 130

Shipchain

NOVEMBER 15, 2018

Determining the total cost of transportation is essential to understanding your company’s profitability. Understanding the total cost of transportation means understanding the costs and factors affecting spend in each leg of the supply chain. When it comes down to it, accounting for the total cost of transportation is pretty complex.

Cost Reduction Strategies 90

Cost Reduction Strategies Expense Reduction Purchasing Skills Transportation 90

Talking Logistics

JULY 18, 2021

Read more [Video] Benchmarking – How to Drive Performance in Volatile Times. The post [Video] Benchmarking – How to Drive Performance in Volatile Times appeared first on Talking Logistics with Adrian Gonzalez. Read more[Video] Benchmarking – How to Drive Performance in Volatile Times How are you doing?”

Benchmarking 130

Benchmarking Video How To Metrics 130

The Logistics of Logistics

MAY 24, 2021

SaaS product, SONAR, is the leading freight market analytics tool and dashboard, aggregating billions of data points from hundreds of sources to provide the fastest data in the transportation and logistics sector. FreightWaves provides the ability to benchmark, analyze, monitor & forecast the $9.6T global logistics industry. .

Cost Reduction Strategies 130

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