Freightos

JANUARY 8, 2019

The journey to digitize freight, while initially off to a slow start, has gained momentum in the last two or three years. They’re licensed to be an ocean freight forwarder, and they’ve bought some aircraft and an airport; and of course they are a huge warehousing player. Online freight booking. Technology.

Freight 152

Freight Pricing Training Negotiating Skills Purchasing Training 152

Enterra Insights

APRIL 18, 2024

But as the costs of transportation increase, the length of supply lines is beginning to decrease. The causes are myriad, including rising labor costs, geopolitical considerations, rising transportation costs, and increased risks of supply chain disruptions. It reduced poverty, increased the global middle class, and grew the economy.

Global 130

Global Cost Reduction Strategies Expense Reduction Inventory Reduction 130

ShipBob

JANUARY 6, 2023

That’s where transportation management systems, or TMS, comes in. In this post, we’ll take a closer look at what a transportation management system is, why it’s important, and how you can choose a provider. What is a transportation management system (TMS)? Transportation management systems can perform a variety of functions.

Supply Chain Planning Software 52

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Supply Chain Opz

NOVEMBER 30, 2015

In this article, leading experts from various sectors in transportation industry will discuss transportation trends you should take a closer look. Lastly, air freight has been increasing rapidly over the past decade - a trend I suspect will continue. Remarkably, rail can also be cheaper with savings up to 60% over road freight.

Rail Software 100

Rail Software Trends Transportation Supply Chain Planning Software 100

Freightos

JANUARY 12, 2016

How Freight Disrupted Itself. In the last year, a new dynamic has begun to reshape the freight industry. Phil knows his (freight) stuff. In his PhD thesis he developed a product to secure ocean freight rates with financial derivatives. Declining Freight Rates. Maybe this wouldn’t be so bad if expenses fell too.

Freight 102

Freight Industry Industrial Supply Chain Software 102

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. So how can you be sure you’re getting the best freight rates possible?

Benchmarking 70

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 70

20Cube Logistics

FEBRUARY 11, 2022

Additionally, when the ports are facing capacity crunch or the tariffs of ocean freight and container skyrockets, it iis airfreight that comes as the savior. With the current business scenario changing at a rapid pace, the freight forwarding industry is shifting its focus towards airfreight. Capacity Crunch of Ocean Freight.

Agile and Lean Supply Chain 74

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 74

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. The right shipping strategy is vital to ensure your products are where they need to be when they need to be there, especially in times of disruption.

Inventory Reduction 44

Inventory Reduction Waste Reduction Expense Reduction Cost Reduction Strategies 44

Talking Logistics

JULY 19, 2018

The real-time freight visibility space was particularly hot in 2017, with two major acquisitions announced last year, including Descartes’s acquisition of MacroPoint in August 2017. is what drove the first wave of demand for real-time freight visibility solutions. Book a carrier faster and with fewer phone calls.

Real-time Visibility 102

Real-time Visibility Capacity Procurement Analytics Logistics Network Optimization Software 102

Logistics Bureau

JULY 10, 2023

Nevertheless, because other business functions must be up and running first, you may have postponed the strategy for accessing those services until later on. You will still need a hand on the tiller to define logistics strategy, manage the relationship with the 3PL provider , and monitor performance. Book your free consultation.

3PL 45

3PL Logistics Network Optimization Software Negotiating Skills Inventory Reduction 45

Savi

FEBRUARY 5, 2019

Intermodal Transportation Landscape In a 2017 American Shipper Report on global sourcing, 58% of shippers indicated that their biggest concern today is rising intermodal transportation costs. These numbers signal a robust year for the transportation sector and the economy in general. percent increase in volume and a 17.3

Prescriptive Analytics Software 45

Prescriptive Analytics Software Analytics Software Predictive Analytics Analytics 45

GlobalTranz

AUGUST 3, 2016

Are you a large shipper of small package or most often called, parcel freight? Download the "Best Practices to Manage Large Parcel Freight Spends" by filling out the form below!

Negotiating Skills 120

Negotiating Skills Freight Expense Reduction Cost Reduction Strategies 120

MIT Supply Chain

MAY 12, 2022

Uber revolutionized passenger transportation by providing a third-party platform where consumers “compete” with each other for rides. The transaction provides a classic win-win: the seller defrays the cost of an expensive asset that is not being used, and the buyer can acquire space without committing to a long-term investment in warehousing.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Strategy Logistics Network Optimization Software Supply Chain Design 98

GlobalTranz

APRIL 26, 2016

The Freightos System is SaaS for freight contract management, automatic price quotations, and business intelligence. Mr. Gladwell cites Malcolm McLean in the book " David and Goliath.". US Army uses the “Transporter” container, developed four years earlier for removals, for Korean War supply movements. Category Key.

Shipping 120

Shipping Logistics Network Optimization Software Supply Chain Design Software Modeling Software 120

Intelligent Audit

DECEMBER 15, 2020

Supply chain metrics provide the vehicle to ‘look at the results’ and gauge the effectiveness of an organization’s execution strategy. Damaged freight or packages effectively results in an extra expense on the supply chain. When freight or packages arrive, it is still subject to potential changes in landed cost.

Gartner 52

Gartner Supply Chain Software Supply Chain Optimization Supply Chain Strategy 52

Zipline Logistics

FEBRUARY 7, 2020

While this may seem like the logical approach to mitigating transportation costs, there are a few common issues associated with using a quoted rate as the sole decision driver, especially when that freight is headed to a retail customer. That way, you are not left vulnerable to added expenses after completing transport.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Reduction Vendor Strategies Expense Reduction 52

Logistics Bureau

DECEMBER 7, 2017

And generally they are really expensive missed opportunities—expensive in financial terms, as well as in poor customer service and reduced sales! Cost Reduction. All organisations struggle to reduce costs. All organisations struggle to reduce costs. OK, for anyone under 35, go and Google ‘Phone Book’).

Expense Reduction 40

Expense Reduction Cost Reduction Strategies Waste Reduction Inventory Reduction 40

GlobalTranz

JUNE 8, 2021

There are tiers for rates, mode, and freight class, but there’s another layer of logistics. That’s the overview of white glove services evolution and it’s another piece of the transportation terminology puzzle. It’s important to know how white glove services and transportation management go together.

Transportation Management 197

Transportation Management Logistics Network Optimization Software Transportation Reverse Logistics 197

CH Robinson Transportfolio

JUNE 20, 2017

What is LTL Freight & How Can It Work for You? Less than load (LTL) freight is the transportation of products or goods that does not require a full truckload due to the smaller nature of the parcel. Therefore, there are typically many separate shipments being transported on one truck. How Does LTL Freight Work?

Freight 46

Freight Supply Chain Planning Software Optimization Software Logistics Network Optimization Software 46

Supply Chain Game Changer

JUNE 23, 2021

Do you have a Freight Management Strategy or are you Spinning your Wheels? The emergence of COVID-19 changed many things in the world of business, and transporting cargo is no exception. Air cargo charters offer many advantages over traditional commercial freight , but some of the more important ones are listed below: 1.

Cargo 57

Cargo Industry Industrial Expense Reduction 57

Tompkins Blog

MARCH 10, 2014

You may have read numerous recent articles on the benefits of using a transportation management system (TMS) to manage freight. Surveys show that more than 63% of TMS users gain at least an 8% savings in freight costs, with more than 23% of users decreasing costs by 10% or more. By Gene Tyndall. The Value Behind a TMS.

Supply Chain Planning Software 50

Supply Chain Planning Software Supply Chain Design Software Modeling Software Optimization Software 50

Supply Chain Game Changer

NOVEMBER 19, 2018

In the book, The Living Supply Chain , the authors argue that, “Speeding up the supply chain is at the root of everything that is good: improved revenue, reduced working capital, higher profitability, and less obsolete inventory. With analytics, businesses can more effectively predict and fill demand.

Predictive Analytics 45

Predictive Analytics Predictive Analytics Software Supply Chain Planning Software Supply Chain Software 45

Talking Logistics

JULY 28, 2017

Shipping expenses increased 36 percent in the quarter to over $4.5 Moving on, here’s the rest of this week’s supply chain and logistics news: Freight-Booking Startup Convoy Raises $62 Million (WSJ – sub. Shyp is reducing headcount and suspending all operations outside of SF (TechCrunch). View Results.

Logistics Network Optimization Software 0

Logistics Network Optimization Software San Francisco Los Angeles Logistics 0

Freightos

APRIL 24, 2016

For centuries the expense, risk, and frustration with ocean freight held back expansion of the international economy, despite the invention of the steam invention. US Army uses the “Transporter” container, developed four years earlier for removals, for Korean War supply movements. Infrastructure Development.

Shipping 120

Shipping Cargo Supply Chain Design Software Asia 120

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. A retail consolidation program helps you meet the standards set forth in a compliance program and eliminates unnecessary waste and expense from your supply chain.

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. A retail consolidation program helps you meet the standards set forth in a compliance program and eliminates unnecessary waste and expense from your supply chain.

Waste Reduction 34

Waste Reduction Expense Reduction Inventory Reduction Retail 34

Zipline Logistics

JANUARY 19, 2021

When shopping for freight rates, some retail shippers look at a number of options from various carriers for a given lane, sometimes opting for the cheapest provider. Their distribution centers command certain carrier expertise to avoid chargebacks and other accessorial fees that reduce profitability. Service Failure Fees.

Retail 52

Retail Purchasing Skills Logistics Network Optimization Software Vendor Strategies 52

Zipline Logistics

OCTOBER 12, 2021

These considerations sometimes fall outside the periphery of decision-makers at CPG brands, especially those motivated solely by reducing upfront spend. Getting the whole picture allows you to make better decisions about your freight. That way, you are not left vulnerable to added expenses after completing transport.

Cost Reduction Strategies 52

Cost Reduction Strategies Vendor Strategies Logistics Network Optimization Software Retail 52

Intelligent Audit

JANUARY 11, 2022

The state of supply chain tech in 2022, or supply chain technology, will be one for the record books. The traditional strategies and even some minimal e-commerce retailers faced uncertainty and a need for more technology. It can help to reduce costs, improve service, minimize risk and enhance a company’s competitive edge.”.

Supply Chain Planning Software 52

Supply Chain Planning Software Prescriptive Analytics Software Logistics Network Optimization Software Predictive Analytics Software 52

Logistics Bureau

MAY 8, 2023

Is your company one of the many that take a minimalist approach to freight management? Yes… I did say minimalist, not lean. When I say minimalist, I’m talking about the many companies which, while reliant on freight to keep supplies coming in and products going out, don’t see freight management as a core competency.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Freight Resource Reduction 52

Enterra Insights

OCTOBER 10, 2018

In the book — which is based on real-life technology, technical papers, and diplomatic meetings — national security and international relations expert Peter W. As the British journalist Rose George documents in her book Ninety Percent of Everything , some 100,000 enormous freight ships transport 90 percent of the world’s trade.

Supply Chain Risk Management 100

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Design 100

Parade

JANUARY 24, 2017

There’s been a flood of “Uber for Trucking” startups or more accurately “freight platforms” since 2012. Despite all of the hype surrounding new technology in supply chain, many of these same startups have blown through their funding , ending up out of business or as regular brokerages with a nicer, more expensive toolset.

Modeling Software 60

Modeling Software Supply Chain Planning Software Supply Chain Network Software Demand Planning Software 60

Parade

JANUARY 24, 2017

There’s been a flood of “Uber for Trucking” startups or more accurately “freight platforms” since 2012. Despite all of the hype surrounding new technology in supply chain, many of these same startups have blown through their funding, ending up out of business or as regular brokerages with a nicer, more expensive toolset.

Modeling Software 60

Modeling Software Supply Chain Planning Software Supply Chain Network Software Demand Planning Software 60

Parade

JANUARY 24, 2017

There’s been a flood of “Uber for Trucking” startups or more accurately “freight platforms” since 2012. Despite all of the hype surrounding new technology in supply chain, many of these same startups have blown through their funding, ending up out of business or as regular brokerages with a nicer, more expensive toolset.

Modeling Software 60

Modeling Software Supply Chain Planning Software Supply Chain Network Software Demand Planning Software 60

Operations and Supply Chain Management

OCTOBER 29, 2020

The smaller supply chain and freight division posted a 22% profit increase due to strong shipping demand out of Asia. Transportation. The International Air Transport Association says global air cargo capacity was off by nearly a third from year-ago levels in August, including a 67% decline in belly space. Advertisement.

Supply and Demand 40

Supply and Demand Purchasing Skills Wisconsin Procurement Analytics 40

GlobalTranz

FEBRUARY 16, 2015

We continue our series on the “State of the Transportation Management Systems” today with our post on the 4 key processes enabled by the use by shippers of a transport management system or TMS. The popularity of the use of transport management system (TMS) has been growing steadily in the last few years.

Transportation Management 120

Transportation Management Supply Chain Network Software Expense Reduction Transportation 120

GlobalTranz

DECEMBER 15, 2015

Most businesses that ship freight via Less-than-Truckload or LTL freight services will improve the efficiency and cost-effectiveness of their transportation and logistics departments with the use of an automated transportation management system (TMS). Transportation will not take care of itself. That is a myth.

Freight 120

Freight Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 120