Talking Logistics

JUNE 30, 2015

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. As a strategic process, transportation procurement may still seem very tedious and challenging. Be demand driven.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

20Cube Logistics

FEBRUARY 17, 2022

The rapid rate of technological change and faster access to a greater amount of data are resulting in a transformation of the freight forwarding process. This involves procuring details of shipments at various times, and various legal requirements. Considering cost-saving opportunities such as freight consolidation.

Freight 75

Freight Resource Reduction Cost Reduction Strategies Inventory Reduction 75

The Logistics of Logistics

JUNE 23, 2022

Therefore, produce ready for shipping may be stalled due to a limited supply of equipment and trucks (hindering capacity procurement ), fewer drivers, and the pressure everywhere to move things faster, save money, and get it done without impacting the customer experience. As a result, shipping costs will undermine any potential gains.

Supply Chain Planning Software 237

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 237

BlueYonder

DECEMBER 22, 2017

With the recent hurricanes that have hit Florida, Texas and Puerto Rico, we’ve seen another practical example where assumptions on carrier capacity are challenged at inopportune times. Large corporations are also hedging on securing capacity, creating more capacity challenges in the marketplace. Modeling Suggestions.

Puerto Rico 52

Puerto Rico Capacity Optimal Sourcing Transportation 52

BlueYonder

DECEMBER 22, 2017

With the recent hurricanes that have hit Florida, Texas and Puerto Rico, we’ve seen another practical example where assumptions on carrier capacity are challenged at inopportune times. Large corporations are also hedging on securing capacity, creating more capacity challenges in the marketplace. Modeling Suggestions.

Puerto Rico 40

Puerto Rico Capacity Optimal Sourcing Transportation 40

Supply Chain Matters

JULY 7, 2023

According to the June report summary , the primary driver of the latest decline was the inventory metric, which reportedly contracted 6.5 Consequently, the warehousing capacity metric increased a reported 6.8 Both metrics contributed to the overall contraction in the LMI along with contracting price levels for transportation.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Inventory Reduction Negotiate Pricing 52

Supply Chain Matters

OCTOBER 12, 2022

On the other hand, transportation metrics continue their slowed pace, reaching the second highest level of capacity growth, and the third fastest rate of price contraction in the history of the index. In September of last year, the spread of Transportation Prices to available capacity reflected a 55.1 for September.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

American Global Logistics

DECEMBER 7, 2022

This metric, referred to as a “Frankenstat” due to its grand scope, has many critics. Putting that aside, the creation of this metric signifies the federal government’s increasing role in supply chain matters. #3 Cargo capacity exacerbated inventory shortages in the first half of 2023. Its long-term impact remains unclear.

Russia 52

Russia Inventory Reduction Price Reduction Modeling 52

ShipBob

APRIL 26, 2023

Whichever shipping carriers were still operational were stretched beyond capacity, which meant that customers had to wait for much longer to receive their goods. Make sure you have an accurate idea of lead times in relation to your production and procurement processes.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Planning 52

Supply Chain Matters

FEBRUARY 14, 2024

According to the reporting by The Wall Street Journal (Paid subscription) , Maersk’s profitability decline has more to do with new ship capacity coming into service this year as a result of ship acquisitions initiated during the prior 2-3 years. Maersk is not the only global wide carrier bringing on added new ship capacity this year.

Transportation 52

Transportation Supply Chain Planning Software Panama Supply Chain Software 52

GlobalTranz

DECEMBER 27, 2017

Today, is day two of our annual year-end series highlighting the top blog posts in each of our 5 main categories: Manufacturing , Supply Chain , Logistics , Transportation Management , Freight. Omnichannel Supply Chain Metrics: What Should Supply Chain Leaders Measure? These will only contain posts written in 2017.

Supply Chain Software 151

Supply Chain Software Optimal Sourcing Supply Chain Optimization Supply Chain Strategy 151

Supply Chain Game Changer

JULY 29, 2021

High capacity oxygen tankers were airlifted from UAE. Saudi Arabia shipped 80 Metric tonnes of liquid oxygen to India and Portugal assured 20,000 litres of oxygen per week to India along with 5503 vials of Remdesvir. Australia too sent immediate support package of ventilators, oxygen tanks and PPE Kits.

India 105

India Supply Chain Saudi Arabia Portugal 105

ThroughPut

FEBRUARY 23, 2024

You can conveniently work with the right suppliers by analyzing pricing, quality, and delivery times as the system helps you identify reliable suppliers, thereby, streamlining the procurement processes. Supply Chain AI Use Case 4: Capacity Optimization The market out there is cutthroat and competitive and this is no secret.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

SCMDOJO

JULY 24, 2023

Let’s take a closer look at these stakeholders and their roles: Shippers: Shippers are businesses that produce or procure goods and require them to be transported to their intended destinations. They optimize routes, consolidate shipments, manage freight rates, track shipments, and ensure timely and secure delivery.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

GlobalTranz

JULY 8, 2016

Today, we wrap up our series on the top 5 blogs in our 4 main categories ( Freight , Manufacturing , Logistics , and Supply Chain ). Yet, all metrics and scorecards are not equal, and you need to know what metrics should be included in your carrier scorecard. Our last post covered the Top 5 Supply Chain blogs of 2016.

Transportation Management 125

Transportation Management Transportation Resource Reduction Cost Reduction Strategies 125

Supply Chain Matters

JUNE 7, 2023

percentage points In May, noted as an indication that shippers are consuming even less of available capacity than the month earlier. not only described as a “ significant rate of contraction ,” but also the first time that this particular metric has reached such a low level. Transportation utilization reportedly dipped a hefty 9.5

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Logistics Material Savings 52

ShipBob

JANUARY 6, 2023

Report on important performance metrics. You’ll need to enter the measurement and capacity information for each vehicle and then use this in combination with your item dimensions to effectively plan loads. Transportation management systems also enable you to automate your freight tendering process. Fleet/carrier management.

Supply Chain Planning Software 52

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

Supply Chain Matters

MAY 23, 2022

The authors point to the delivery time disruptions occurring in China , an increase in air freight costs from the U.S. The April report specifically indicates t hat after 23 consecutive months of contraction the index of Transportation Capacity shifted back into expansion, bumping up 11.2 after reaching an all-time high of 76.2

Supply Chain Optimization 59

Supply Chain Optimization Supply Chain Planning Software Supply Chain Software Supply Chain Strategy 59

TMC

SEPTEMBER 27, 2018

While shippers face the difficult market conditions of tight capacity and increased consumer demands, they are also being challenged to find transportation cost savings and improve customer satisfaction. As shippers compete for capacity, many are asking what they could be doing to secure the best truckload performance and rates.

Optimal Sourcing 62

Optimal Sourcing Negotiating Skills Negotiate Pricing Price Reduction 62

Talking Logistics

JUNE 2, 2016

Today, shippers face increased regulations, unstable market conditions and capacity concerns that make it near impossible for a newly divested company to achieve all of its goals without the expertise and support of a third-party logistics (3PL) provider. Step 2: Leverage a Transitional Service Agreement Wisely.

3PL 100

3PL Optimal Sourcing Modeling Procurement Analytics 100

NC State SCRC

MARCH 25, 2021

This monster ship, which is as long as the Empire State Building and weighs about 200,000 metric tons, became stuck due to high winds, and no one seems to be able to get it out. Because procurement executives were so focused on cost, they did not worry about shipment velocity. Well, what about air freight?

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Cargo Waste Reduction Material Savings 52

Supply Chain Shaman

SEPTEMBER 3, 2015

While forecast accuracy, if used well, can reduce safety stock, what I find in the study of the global multi-national is the rise of cycle stock due to increased item complexity, and the increase of in transit inventories due to longer freight lanes and longer cycles in ocean transportation.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

TMC

SEPTEMBER 27, 2018

While shippers face the difficult market conditions of tight capacity and increased consumer demands, they are also being challenged to find transportation cost savings and improve customer satisfaction. As shippers compete for capacity, many are asking what they could be doing to secure the best truckload performance and rates.

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Negotiate Pricing Price Reduction 48

TMC

SEPTEMBER 27, 2018

While shippers face the difficult market conditions of tight capacity and increased consumer demands, they are also being challenged to find transportation cost savings and improve customer satisfaction. As shippers compete for capacity, many are asking what they could be doing to secure the best truckload performance and rates.

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Negotiate Pricing Price Reduction 48

BlueYonder

FEBRUARY 17, 2022

Impact: This is resulting in procurement teams scrambling to find new supply sources, while engineers are looking for substitutions alternatives, and other company leaders are figuring out how to bring more in-house for a vertical integrated approach. Foreign trade policies are weakening.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 70

Talking Logistics

FEBRUARY 22, 2013

CombineNet and Transplace Extend Partnership in Delivering Advanced Transportation Procurement Solution to North America. Mexico shipping, which is particularly timely as more companies locate manufacturing and distribution operations in Mexico and the need for capacity and reliable cross-border shipping services accelerates.

Optimal Sourcing 100

Optimal Sourcing Logistics Network Optimization Software Manufacturing Procurement Supply Chain Design Software 100

ToolsGroup

APRIL 1, 2022

Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Within a week of Russian troops crossing into Ukraine, the benchmark for thermal coal prices reached a record high of $446 per metric ton. The semiconductor market has potential to reach overcapacity by 2023.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. Streamline standards , including in procurement, packaging, and delivery. Recommend ways to enhance performance metrics such as inventory, delivery, and overdue orders.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

BlueYonder

JUNE 11, 2013

The TMC merges technology, organization and processes to establish a set of services leveraging the scale and efficiency of consolidated network planning, procurement and unified metrics with the agility of localized execution. Domestic transportation management systems have sometimes been extended to support global movements as well.

Supply Chain Network Software 67

Supply Chain Network Software Agile and Lean Supply Chain Transportation Management Network Optimization 67

DynaSys

JANUARY 13, 2021

Sudden capital & cash shortfalls caused service levels to plummet and procurement and operations to scramble for alternatives. Your Finance department is minding this metric in particular. Your supply chain’s capacity to add value will be explored. And on the supply and production sides, disease flare-ups, imposed shutdowns.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 62

Intelligent Audit

NOVEMBER 10, 2021

Strong RFP supply chain management practices and carrier network optimization services will allow for continued growth and success in the modern supply chain and freight shipping network.It’s important to understand the full scope of optimization, including what it is and how your team can improve it. What Is Carrier Contract Optimization?

Optimal Sourcing 52

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

Supply Chain Game Changer

NOVEMBER 17, 2020

” Here is a summary of how these Global Supply Chain and Business Leaders responded and shared their lessons learned: Kristie Syndikus, VP Procurement at Maple Leaf Foods. These are the step towards accountable behavior when solving a problem Have balanced, relevant and valid metrics. Plus, metrics protect you.

Global 53

Global Supply Chain Planning Software Negotiating Skills Purchasing Training 53

FLEXE

JUNE 14, 2018

Assumptions and intuition don’t drive business decisions, quantifiable metrics do. If you need more than one facility, often times you’ll have to multiply efforts to source and procure the location and services you need. Consider outsourcing expertise to augment your supply chain. Determining Your Delivery Promise.

Procurement Analytics 34

Procurement Analytics Purchasing Skills Procurement Solutions Resource Reduction 34

FLEXE

JUNE 14, 2018

Assumptions and intuition don’t drive business decisions, quantifiable metrics do. If you need more than one facility, often times you’ll have to multiply efforts to source and procure the location and services you need. Consider outsourcing expertise to augment your supply chain. Determining Your Delivery Promise.

Procurement Analytics 34

Procurement Analytics Purchasing Skills Procurement Solutions Resource Reduction 34

Logistics Viewpoints

MARCH 31, 2022

For logistics teams seeking to manage volatility and deliver more predictable, profitable results, five advanced technologies should be in their toolkits: digital control towers, warehouse task automation, warehouse robotics, dynamic price discovery and digital freight bidding. Digital Freight Bidding. Dynamic Price Discovery.

Logistics Network Optimization Software 206

Logistics Network Optimization Software Supply Chain Planning Software Predictive Analytics Software Supply Chain Network Software 206

GlobalTranz

OCTOBER 19, 2015

Transportation management is no longer a tactical approach to simply moving freight and doing it at the lowest possible cost. Effective transportation management strategy takes into account the availability of materials and order fulfillment requirements, ensuring that those resources are optimally utilized and warehouse capacity.

Transportation Management 120

Transportation Management Resource Reduction Cost Reduction Strategies Optimal Sourcing 120

Supply Chain Game Changer

JANUARY 29, 2020

Under this regime, the primary responsible party in the freight market will be the vessel owner or operator. million metric tons annually. New fuel will likely cost more than current bunker fuels and fuel surcharges will likely be added by carriers & its expected to increase freight rates by at least 15% to 30% in 2020.

Cost Reduction Strategies 67

Cost Reduction Strategies Virgin Islands Price Reduction Inventory Reduction 67