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

Parade

JANUARY 26, 2021

tl/dr - Don’t buy software-especially anything around “freight tech”-if your vendor can’t show you exactly what impact you’ll get and which knobs to tune. but there is one reason that is particularly relevant to freight brokers as they think about how to use technology to create an advantage vs. their peers. Inputs vs. Outputs.

Metrics 78

Metrics Freight Seattle Examples 78

Parade

JANUARY 26, 2021

tl/dr - Don’t buy software-especially anything around “freight tech”-if your vendor can’t show you exactly what impact you’ll get and which knobs to tune. but there is one reason that is particularly relevant to freight brokers as they think about how to use technology to create an advantage vs. their peers. Inputs vs. Outputs.

Metrics 78

Metrics Freight Seattle Examples 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

Logistics Viewpoints

DECEMBER 8, 2022

When it comes to executing mode-specific freight moves from origin to destination efficiently, reliably, and cost-effectively, transportation execution and visibility solutions play a critical role. For example, when one company orders from a supplier in Asia to be delivered by a certain ocean carrier, the lead time is 24 days.

Rail Software 188

Rail Software Real-time Visibility Supply Chain Network Software Supply Chain Planning Software 188

TMC

NOVEMBER 18, 2015

Examples of the latter include a latent product defect that wreaks reputational damage, or a cyber bug that steals company secrets. As I explain in my book, The Power of Resilience: How the Best Companies Manage the Unexpected (MIT Press, October 2015), companies can improve their disruption detection capabilities in a number of ways.

Metrics 67

Metrics Supply Chain Planning Software Forecasting Software Supply Chain Software 67

Parade

DECEMBER 14, 2021

Digital booking programs are some of the hottest technology solutions for freight brokerages right now, and it’s no wonder. Digital booking software can help brokerages thrive in several ways. Digital booking software can help brokerages thrive in several ways. Here’s Why You Should.

Software 78

Software Cost Reduction Strategies Capacity Metrics 78

Parade

DECEMBER 14, 2021

Digital booking programs are some of the hottest technology solutions for freight brokerages right now, and it’s no wonder. Digital booking software can help brokerages thrive in several ways. Digital booking software can help brokerages thrive in several ways. Here’s Why You Should.

Software 78

Software Cost Reduction Strategies Capacity Metrics 78

Intelligent Audit

DECEMBER 15, 2020

Mike Griswold, Vice President Analyst at Gartner , had this to say about the value supply chain KPIs and metrics. Supply chain metrics provide the vehicle to ‘look at the results’ and gauge the effectiveness of an organization’s execution strategy. That applies to inbound and outbound ocean freight as well.

Gartner 52

Gartner Supply Chain Software Supply Chain Optimization Supply Chain Strategy 52

ShipBob

JANUARY 6, 2023

Report on important performance metrics. Transportation management systems also enable you to automate your freight tendering process. By automatically dispatching carriers, you can significantly expedite steps such as booking and tendering of freight. Allows you to track freight movement in one place.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Supply Chain Network Software Forecasting Software 52

Zipline Logistics

JANUARY 24, 2020

Delivering on-time and in-full is essential to success and a metric used by retailers when evaluating partnerships with vendors of all sizes. But first, let’s look at the background of OTIF metrics and why they came to be. For an example, we can look to Walmart’s penalty structure for non-compliant deliveries.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Inventory Reduction How To 52

CH Robinson Transportfolio

APRIL 20, 2020

If you’re currently shipping less than truckload (LTL) or underutilized truckload freight, a retail consolidation program might be the answer you need. And because your products move more quickly off the books on a prepaid basis, you might notice an improved cash-to-cash cycle that leads to profits.

Inventory Reduction 44

Inventory Reduction Waste Reduction Expense Reduction Cost Reduction Strategies 44

Parade

JULY 30, 2019

Traditionally, Carrier Sales Rep (CSR) managers measure and assess their Carrier Sales Reps (CSRs) based on the following metrics: Number of outbound calls. Number of loads booked. With these metrics, managers only scratch the surface. How about loads booked? There is no way to know by measuring only three basic metrics.

Metrics 60

Metrics Data Capacity Freight 60

Parade

JULY 30, 2019

Traditionally, Carrier Sales Rep (CSR) managers measure and assess their Carrier Sales Reps (CSRs) based on the following metrics: Number of outbound calls. Number of loads booked. With these metrics, managers only scratch the surface. How about loads booked? There is no way to know by measuring only three basic metrics.

Metrics 60

Metrics Data Capacity Freight 60

Parade

JULY 30, 2019

Traditionally, Carrier Sales Rep (CSR) managers measure and assess their Carrier Sales Reps (CSRs) based on the following metrics: Number of outbound calls Number of loads booked Avg margin per load With these metrics, managers only scratch the surface. How about loads booked? That's 2-hours of lost productivity.

Metrics 60

Metrics Data Capacity Freight 60

Parade

JULY 30, 2019

Traditionally, Carrier Sales Rep (CSR) managers measure and assess their Carrier Sales Reps (CSRs) based on the following metrics: Number of outbound calls Number of loads booked Avg margin per load With these metrics, managers only scratch the surface. How about loads booked? That's 2-hours of lost productivity.

Metrics 60

Metrics Data Capacity Freight 60

Elementum

JUNE 30, 2022

For example, in a Recession the economy could contract by 2%. Suppliers will continue to ship orders in an effort to get the inventory off their books. He will be the new Chief Executive Officer of Flexport, a freight forwarding company. There are several reasons why Stagflation is actually worse than Recession.

Procurement Analytics 78

Procurement Analytics Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 78

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. This post is , part of a series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally. Key Uses of Truckload Pricing Tools.

Benchmarking 78

Benchmarking Forecasting Software Predictive Analytics Software Analytics Software 78

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. This post is , part of a series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally. Key Uses of Truckload Pricing Tools.

Benchmarking 78

Benchmarking Forecasting Software Predictive Analytics Software Analytics Software 78

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. This post is , part of a series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally. Key Uses of Truckload Pricing Tools.

Benchmarking 78

Benchmarking Forecasting Software Predictive Analytics Software Analytics Software 78

CH Robinson Transportfolio

JUNE 25, 2018

If you’re currently shipping less than truckload (LTL) or underutilized truckload freight, a retail consolidation program might be the answer you need. And because your products move more quickly off the books on a prepaid basis, you might notice an improved cash-to-cash cycle that leads to profits.

Waste Reduction 34

Waste Reduction Expense Reduction Inventory Reduction Retail 34

CH Robinson Transportfolio

JUNE 25, 2018

If you’re currently shipping less than truckload (LTL) or underutilized truckload freight, a retail consolidation program might be the answer you need. And because your products move more quickly off the books on a prepaid basis, you might notice an improved cash-to-cash cycle that leads to profits.

Waste Reduction 34

Waste Reduction Expense Reduction Inventory Reduction Retail 34

Talking Logistics

MAY 1, 2019

Editor’s Note: The following is an excerpt from “ Putting Community in TMS: Enabling the Network Effect in Transportation Management ,” a research e-book produced by Adelante SCM and published by Kuebix (a Talking Logistics sponsor). Transportation management is inherently a network-based business process. It’s a positive feedback loop.

Supply Chain Network Software 115

Supply Chain Network Software Transportation Management Demand Planning Software Analytics Software 115

Parade

JULY 15, 2019

For example, managing unforeseen risks and providing customers with visibility. Market intelligence + analysis: carrier pricing, for example, can change at any moment. Understanding when to book a load requires judgment and 'market know-how' which can lead to significant cost savings for shipper customers.

Industrial 106

Industrial Industry Logistics Network Optimization Software Tools 106

Parade

JULY 15, 2019

For example, managing unforeseen risks and providing customers with visibility. Market intelligence + analysis: carrier pricing, for example, can change at any moment. Understanding when to book a load requires judgment and 'market know-how' which can lead to significant cost savings for shipper customers.

Industrial 97

Industrial Industry Logistics Network Optimization Software Tools 97

GlobalTranz

JUNE 8, 2021

There are tiers for rates, mode, and freight class, but there’s another layer of logistics. Shippers need to know that when booking a shipment, it will get the proper level of service. Refrigerators, large household appliances, furniture, and expensive electronics are examples. Use metrics to track performance.

Transportation Management 197

Transportation Management Logistics Network Optimization Software Transportation Reverse Logistics 197

Supply Chain Opz

JUNE 1, 2014

In order to compensate a long waiting time, Adidas uses air freight or courier service. Its simple supply chain network model is presented below, From this example, only 3 possible locations result in 5 different way to design the supply chain. About 20% of orders are direct-to-store (for example, dog food products).

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

Talking Logistics

JANUARY 18, 2017

I can give you countless examples of how this impacts transportation costs.”. One example is the disconnect between talking about Lean principles and actually applying them in transportation. “I In another example, Regan was at a company that had over 20 people in charge of booking freight. “So,

Waste Reduction 100

Waste Reduction Sustainability Transportation Cost Reduction Strategies 100

Freightos

JUNE 9, 2018

In 1995 airlines via online travel marketplaces started selling tickets directly to consumers online and by 2017, 83% of US travellers were using digital channels to book their trips. This effectively enabled travel agents to book flight from their computers far before the internet was built. DISCOVER AIR FREIGHT SOLUTIONS.

Cargo 120

Cargo Negotiating Skills Demand Planning Software Supply Chain Software 120

Parade

JULY 15, 2019

For example, Load matching + business development: CSRs drive value to carriers and shipper customers. Market intelligence + analysis: carrier pricing, for example, can change at any moment. Understanding when to book a load requires judgment and 'market know-how' which can lead to significant cost savings for shipper customers.

Industrial 60

Industrial Industry Logistics Network Optimization Software Tools 60

GlobalTranz

JULY 7, 2021

Among the services which they provide are transportation, warehousing, cross-docking, inventory management, packaging, and freight forwarding.”. It includes brokerages and freight forwarders, but there comes a point at which simply outsourcing to a single 3PL or even several 3PLs grows too complex to handle.

3PL 210

3PL Third Party Logistics Logistics Network Optimization Software How To 210

Logistics Bureau

SEPTEMBER 28, 2020

The key difference between the two can perhaps be explained in the following example: A 3PL provider working with a paint manufacturer may package and store products as well as transport them to retailers and/or customers. The best example of a 4PL model is Amazon.com. Ambient and/or temperature-controlled storage of supplier freight.

Logistics Network Optimization Software 96

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Company 96

Talking Logistics

JUNE 7, 2017

They had to try and stop the bleeding and ensure that freight rates didn’t tumble too far, and some of the methods they used to do so included: Slow Steaming: Carriers tried to conserve fuel that they were burning and take a longer time on export routes (for example, from the U.S. back to Asia).

Pricing Training 101

Pricing Training Negotiating Skills Purchasing Training Cost Reduction Strategies 101

Talking Logistics

FEBRUARY 1, 2019

Uber Freight: Transportation Facility Brand Managers. As reported by Transport Topics , “Truck drivers using the Uber Freight load-booking app can now rate shippers’ and receivers’ facilities and share feedback on factors such as wait times and amenities.” req’d) New Job for Robots: Taking Stock for Retailers (WSJ – sub.

Logistics Network Optimization Software 104

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

6 River Systems

APRIL 4, 2019

Mobile apps can generate reports and monitor performance metrics. “Tightening capacity requires a more ‘connected’ broker…” While freight growth is forecast to slow in 2019, truckload capacity will remain tight, largely driven by a tight labor market, new regulations and other factors. Dr Julian Stephens.

Logistics Network Optimization Software 76

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 76

GlobalTranz

DECEMBER 30, 2014

Just as in the following five examples that reveal interesting data related to the trucking industry. Transportation Metrics That Matter Most to Track and Improve Performance : How do you measure logistics efficiency and transportation metrics performance indicators when you are already doing the best job possible?

Expense Reduction 232

Expense Reduction Logistics Network Optimization Software Supply Chain Planning Software Modeling Software 232

Kinaxis

FEBRUARY 22, 2018

The VMI concept is well documented with a real-world example in Michael Hammer’s best-selling book, Reengineering the Corporation. For example, analyze the impact of late deliveries, transportation constraints such as driver shortages, and weather disruptions. Lower order volatility. Higher customer satisfaction.

Vendor Strategies 150

Vendor Strategies Inventory Reduction Beverage Modeling 150