Supply Chain Game Changer

SEPTEMBER 21, 2022

10 Tips To Be A Successful Freight Broker! The Supply Chain industry provides vast employment opportunities, from procurement to warehouse inventory, management, and shipping. The terms freight broker and freight agent are often confused in the cargo and shipping sector. What Does A Freight Agent Do?

Negotiating Skills 96

Negotiating Skills Freight Purchasing Skills Optimal Sourcing 96

GlobalTranz

AUGUST 4, 2021

Any discussion on supply chain risk management and applying managed transportation to help prevent risks from coming to fruition is incomplete without touching on the pandemic to overcome supply chain disruption. Market volatility describes a stage at which volume and capacity availability are misaligned.

Supply Chain Risk Management 288

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Planning Software 288

The Logistics of Logistics

JUNE 14, 2023

Seth is Managing Editor of features at Transport Topics. He plans, writes and edits news features for Transport Topics’ weekly newspaper, supplemental publications and TTNews.com. About Seth Clevenger Seth Clevenger is Managing Editor of features at Transport Topics. Freight brokerage giant C.H. billion last year.

Logistics Network Optimization Software 213

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GlobalTranz

SEPTEMBER 23, 2021

Capacity Constraints Continue to Arise. Capacity constraints continue to come under microscope as shippers look for a better understanding to the state of the market. Top causes of capacity constraints include: . High freight volumes across all industries in the trucking market are expected to continue into 2022.?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

GlobalTranz

NOVEMBER 17, 2021

Approximately 73% of respondents cited progress in omnichannel improvements over the past year, but express cautious optimism for their company's supply chain and capacity. Higher freight volumes. Stronger freight volumes are expected as pent-up demand from consumers, retailers, and manufacturers reaches an apex.

Shipping 232

Shipping Cost Reduction Strategies Industrial Industry 232

Turvo

JULY 15, 2021

In the logistics and shipping industry, capacity refers to the amount of space secured on trucks and other vehicles to carry shipment loads. This generally gets referred to as trucking capacity, and it remains one of the most critical aspects of dealing with supply chain disruptions. On normal days, this can be challenging enough.

Capacity 97

Capacity Supply Chain Network Software Analytics Software Demand Planning Software 97

GlobalTranz

FEBRUARY 18, 2022

It covers macro trends in the LTL, Truckload and Managed Transportation Service sectors and the lingering effects of the COVID-19 pandemic. As a result, many shippers are revising their strategy from just-in-time inventory to just-in-case based on the hard lessons of the past two years. Tightened Capacity. Consolidation.

Trends 227

Trends Resource Reduction Cost Reduction Strategies Inventory Reduction 227

Logistics Viewpoints

SEPTEMBER 16, 2021

Disruption has been the name of the game for more than a year as supply chain leaders have been dealing with changing buyer behaviors, inventory management challenges, labor shortages, weather and pandemic-related uncertainty, cyber security threats and capacity constraints that continue to create significant supply chain volatility.

Supply Chain Risk Management 216

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Planning Software 216

Ware2Go

JUNE 20, 2023

See the latest insights on ocean freight rates and other trends that fast-growing businesses should know about to plan for 2023 peak season. In this article: Ocean Freight: Key Stats & Industry News Ocean Freight Shipping: What to Watch For In 2023 Freight Shipping From China & Alternatives What Are The Current Ocean Freight Rates?

Negotiating Skills 98

Negotiating Skills Supply Chain Planning Software Supply Chain Planning Freight 98

GlobalTranz

OCTOBER 15, 2018

For shippers, the best way to handle the e-commerce logistics surge lies in e-commerce freight consolidation and deconsolidation. E-Commerce Growth Is Incompatible With Stagnate Freight Shipping Strategies E-commerce growth can boggle the mind. Faster delivery and decreased freight spend. Track inventory in real time.

Freight 120

Freight Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 120

Logility

JULY 5, 2023

This leads to optimized inventory levels, reduced stockouts, and enhanced customer satisfaction. Optimal Inventory Management Managing inventory efficiently is a perennial challenge for businesses, as excess stock ties up capital, while stockouts result in lost sales opportunities.

Supply Chain Planning Software 191

Supply Chain Planning Software Supply Chain Planning Modeling Scenario Planning 191

3rdwave

NOVEMBER 29, 2018

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. While global freight cost varies significantly by industry and transportation mode, it is a major cost component of internationally sourced products.

Optimal Sourcing 88

Optimal Sourcing Global Transportation Negotiating Skills Supply Chain Optimization 88

Supply Chain Matters

APRIL 7, 2023

freight rates have reached their lowest levels in nearly six years. In essence, it is confirmation of a freight recession condition. The sub-index index Transportation Utilization of 50 was noted as indicating no upward movement for the first time in 2023. percentage points below the February value of 54.7, Separate U.S.

Freight 52

Freight Manufacturing Procurement Supply and Demand Nevada 52

GlobalTranz

DECEMBER 5, 2018

For freight, managing black swan events, like risk mitigation , means finding problems that are on the verge of causing disruption and taking advantage of resources to minimize their impact. As a result, carriers will have less capacity and availability to handle unexpected surges in demand. DOWNLOAD THE FREE RESOURCE HERE.

Price Reduction 168

Price Reduction Resource Reduction Cost Reduction Strategies Inventory Reduction 168

Cathy Roberson

SEPTEMBER 7, 2021

Despite supply chain costs increasing and available capacity almost a rarity, retailers are undertaking a variety of ways to make sure they receive their inventory in time for the ever-important holiday season. “We feel good about the composition of our inventory. “We feel good about the composition of our inventory.

Inventory Reduction 92

Inventory Reduction Inventory Sourcing Strategies Retail 92

Supply Chain Matters

AUGUST 7, 2023

Supply Chain Matters highlights additional developments, evidence and added signs that reinforce that there will be no peak holiday focused surge in transportation and logistics in the latter half of 2023. While 209,000 workers were added in June, 14,000 freight and parcel carriers were cut and 6,900 warehousing and storage jobs were lost.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Transportation Logistics Warehousing 52

GlobalTranz

OCTOBER 21, 2016

Rebounding freight volumes and the proximity of the electronic logging device (ELD) mandate are set to change the industry in 2017, reports Sean Kilcarr of FleetOwner. Capacity Will Grow Tighter. If the retail sector suddenly jumps, the capacity crunch will return with vengeance. .

Capacity 120

Capacity Purchasing Skills Material Savings Price Reduction 120

Zipline Logistics

JUNE 29, 2021

The freight market has been on the receiving end of several systemic shocks that continue to affect industry providers and shippers alike. Each of these on its own could cause capacity constraints. Each of these on its own could cause capacity constraints. Freight Market Volumes Climb Again . over the last 12 months.

Freight 91

Freight Trends Los Angeles Manufacturing Procurement 91

GlobalTranz

FEBRUARY 23, 2022

Last year, truck capacity demand reached historic highs due to a combination of factors, including ongoing equipment and labor shortages. Still, the e-commerce boom pushes more freight into trucks as shippers re-think inventory levels to meet omnichannel demands. Shippers are in a competition for capacity.

Trends 182

Trends Price Reduction Waste Reduction Inventory Reduction 182

Supply Chain Matters

MAY 22, 2023

freight and logistics industry continues to mitigate recessionary conditions including the April 2023 Logistics Manager Index reaching its lowest level lowest level in six years and one-half years. freight, logistics and parcel movement industry. Freight rate reportedly fell 37 percent. The LMI has now declined 6.7

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

Supply Chain Matters

OCTOBER 12, 2022

This index compiles 27 different variables to include transportation movement and costs, global PMI sub-indexes reflecting delivery times and order backlog. Interestingly, Transportation Utilization is the outlier here, as both utilization metrics in the index were up significantly in September. ”. for September. for September.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

GlobalTranz

MARCH 17, 2022

The manufacturing industry faces many challenges, such as a skilled labor shortage, supply chain instability, and inventory management issues. And moving materials and products was made difficult, especially at the start of the pandemic, due to closed borders, limited air freight, and driver shortages.

Logistics Network Optimization Software 247

Logistics Network Optimization Software Supply Chain Planning Software Inventory Management Software Inventory Reduction 247

PINC

SEPTEMBER 25, 2020

Supply chain experts and software leaders converge to discuss the current transportation environment and provide valuable tips on what companies should be doing now to get ready for what’s coming next. . Increasing demand for transportation. Carrier bankruptcies affecting capacity. Increased use of digitized freight networks.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Gartner 100

Logistics Viewpoints

FEBRUARY 2, 2024

UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. More than $728 million is on the way to communities around the nation to bolster intermodal freight infrastructure. And now on to this week’s logistics news.

Cost Reduction Strategies 234

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 234

Supply Chain Matters

FEBRUARY 23, 2023

Supply Chain Matters highlights the increasing realities of declining global trade and freight rates that are occurring in the first-half of 2023. Background Global wide transportation and logistics costs increased at unprecedented rates during 2021 and 2022. Earlier this month, the forecast was revised to an expected 2.5

Negotiating Skills 52

Negotiating Skills Inventory Reduction Price Reduction Cost Reduction Strategies 52

Turvo

AUGUST 26, 2021

Understanding the capabilities of a transportation management system, or TMS, and its impact on the modern supply chain network requires a good understanding of these systems and what they entail. However, a vital question must still be asked- have the capabilities of a transportation management system today reached their maximum efficiency?

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Network Software Optimization Software Analytics Software 94

Supply Chain Matters

SEPTEMBER 23, 2022

percent for its LTL Freight unit, beginning in January 2023. percent rate increase initiated for this year, along with ongoing fuel and other surcharges added for respective parcel or freight movements. However, the market forces of global transportation are such that in times of industry wide excess capacity, rates often tend to fall.

Cost Reduction Strategies 52

Cost Reduction Strategies Negotiating Skills Capacity Expense Reduction 52

MIT Supply Chain

AUGUST 17, 2021

Part 2: Lessons from Comparing Disruptions In the previous post in this two-part series, The 7 Core Capacities of Supply Chain Resilience , we identified the core capacities that are the building blocks of supply chain resilience. Note that the seven core capacities are assessed as to whether there is a loss of capacity or not.

Capacity 52

Capacity Supply Chain Design Software Supply Chain Design Supply Chain 52

Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. This guide for manufacturers explains how it works and explores the most effective ways to manage inventory in manufacturing. In this manufacturing inventory management guide What is manufacturing inventory management?

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

The Logistics of Logistics

JANUARY 30, 2023

Eddie is the Vice President of Product Development at OneRail an Orlando-based last mile transportation visibility solution providing shippers with Amazon-level dependability and speed. About OneRail OneRail is an Orlando-based last mile transportation visibility solution providing shippers with Amazon-level dependability and speed.

Supply Chain Design Software 229

Supply Chain Design Software Logistics Network Optimization Software Supply Chain Network Software Real-time Visibility 229

PINC

OCTOBER 14, 2019

Here are the top trucking trends that all shippers should be aware of, according to The American Transportation Research Institute. Coming into 2019, issues like the tariff wars, driver shortage, and rising freight rates were high on transportation managers’ radar screens. Terrill Transportation Inc.

Transportation 124

Transportation Trends Industrial Industry 124

Logistics Viewpoints

MAY 12, 2022

Amidst ongoing uncertainty caused by COVID-19 lockdowns in Asia, war in Europe, scarce raw materials and steep inflation, companies are stockpiling inventory as never before in the hopes of mitigating future supply chain shocks. As soon as inventory hits the yard, it gets lost in a shuffle of trailers.

Supply Chain Design Software 188

Supply Chain Design Software Supply Chain Planning Software Demand Planning Software Analytics Software 188

Intelligent Audit

NOVEMBER 3, 2022

On the transportation end of supply chains, shippers adapt to the transportation needs at any given time to ensure this part of the supply chain continues as well as possible. This is why transportation network optimization is important. What Is Transportation Network Optimization?

Network Optimization 52

Network Optimization Supply Chain Network Software Optimization Software Modeling 52

Logistics Viewpoints

NOVEMBER 4, 2022

The improvement is expected to be temporary, given that an aging workforce and freight demand are both projected to grow. Electric vehicle startup Canoo Inc said on Wednesday it would build a battery manufacturing facility at Pryor in Oklahoma with a capacity of 3,200 Megawatt hours production. The industry must recruit nearly 1.2

Logistics Network Optimization Software 199

Logistics Network Optimization Software Logistics Negotiating Skills San Diego 199

The Logistics of Logistics

APRIL 17, 2023

Ron is the Chief Revenue Officer at OneRail , an Orlando-based last mile transportation visibility solution providing shippers with Amazon-level dependability and speed. About Ron Richardson Ron Richardson is a highly experienced Chief Revenue Officer with a strong background in logistics and transportation.

Supply Chain Design Software 210

Supply Chain Design Software Analytics Software Predictive Analytics Software Supply Chain Network Software 210

Locus

MAY 4, 2023

The logistics industry relies on the efficient transportation of goods between locations and line haul transportation plays a significant role in this. In 2021, in the United States alone, the total transportation logistics costs came to around 1.2 What is line haul transportation? trillion U.S. from 2019 to 2027.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Optimization Software Rail Software 52

Talking Logistics

AUGUST 13, 2018

Companies across all industries are dealing with rising transportation costs and a key question many CEOs, CFOs, and supply chain executives are asking is, “What can we do to better manage and control our freight spend in today’s market?” Rising Freight Spend . So, what can you do outside that cycle?”. Data-driven Optimization.

Negotiating Skills 103

Negotiating Skills Optimal Sourcing Optimization Software Price Mitigation Strategies 103