LTL Capacity Best Practices in Times of Tight Freight Capacity

Cerasis

The capacity crunch has been a core concern of shippers for several years, but as 2018 draws closer to the holiday shopping season, it will become a bigger problem. LTL capacity has routinely been used as a source of added capacity when full truckload becomes unavailable.

Guide to Effective Strategic Capacity Planning

Demand Solutions

What is strategic capacity planning? Strategic capacity planning is how companies figure out the production capacity needed in order to meet consumer demand. The second reason is because demand moves up and down, and capacity may be much less sensitive to on-the-fly changes. So how do you do effective strategic capacity planning? Strategic Capacity Planning Tips. Forecast capacity upgrade costs accurately, and don’t assume they’re linear.

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Is Single Sourcing, or Sole Sourcing, Dead?

Supply Chain Game Changer

In many cases the use of single sourcing, or sole sourcing, Procurement strategies has limited the ability for Supply Chains to access alternate sources of supply and more rapidly support higher than normal demand levels. As we progress through and past the pandemic, is it time for Procurement to adopt parallel Supply Chain strategies, such as dual sourcing, and limit or abandon single sourcing and sole sourcing? What is Single Sourcing or Sole Sourcing?

5 pieces to the global capacity management puzzle

Kinaxis

by Bill DuBois Recently I was watching a video interview with David Thomas, the Director of Global Capacity Planning for Ford Motor Company. Among other things, he’s been leading the charge at Ford to deliver a global capacity management solution. Ford’s challenges to global capacity management. But in 2010, an upturn in demand in emerging regions like Brazil, India and China meant capacity required varied significantly by region.

Modeling brewing capacity to drive cost savings at HEINEKEN

AIMMS

This means we help the team answer questions about global production footprint design, such as “where should we build our breweries,” “where should we invest in capacity,” “how much capacity should we build on which location,” “what kind of equipment should we invest in” and “when should we invest.”. Every country or operating company has its own supply chain team and is responsible for managing its own capacity, demand and supply.

How to Thrive in the Upcoming Holiday Capacity Crunch

MercuryGate

The holiday peak season has always been a source of revenue growth and stress for the supply chain. The post How to Thrive in the Upcoming Holiday Capacity Crunch appeared first on MercuryGate International.

How Tech can Tackle Capacity

Parade

How many times do we let real business opportunities slide because we lack the capacity? While we can find new capacity in a flash, trust is a different story. In the end, we're back where we started, with all of the excess labor we've put into looking for new capacity costing us more than it's worth. New technology is entering the transportation industry every day to address our capacity insecurities. trucking capacity relationships source

How Sourcing has Reemerged in a Covid-19 World

Jaggaer

For the first three months after Covid-19 hit, virtually every sourcing project , in every sector , was put on hold while companies tried to assess the situation and how best to deal with the epidemic. Sourcing was in chaos and a topic that concerned many customers was that they were pushing back transportation tenders – and especially any planned mega – bids – while they waited to see how the market would develop. Diversify Your Sourcing Needs.

The Top 5 Reasons You Need a Transportation Sourcing Solution

Talking Logistics

However, if your role is managing the movement of widgets from point A to point B, or multiple points, the freight procurement task before you can be labor intensive and time consuming — unless you use a technology solution specifically designed for transportation sourcing. Here are the top five reasons you need a transportation sourcing solution: 1. Freight sourcing is as unique and complex as the transportation industry itself.

Capacity Planning Software – Plan, Analyze and Prepare for capacity

ThroughPut

What is Capacity planning software? Capacity planning software is a programmable solution that helps manufacturing organizations understand the actual production capacity needed to address fluctuating demands for its products and services. With reference to capacity planning, design capacity is defined as the maximum amount of work that an organization is capable of completing in a given period. How much capacity buffer is needed for those?

Capacity Planning Software – Plan, Analyze and Prepare for capacity

ThroughPut

What is Capacity planning software? Capacity planning software is a programmable solution that helps manufacturing organizations understand the actual production capacity needed to address fluctuating demands for its products and services. With reference to capacity planning, design capacity is defined as the maximum amount of work that an organization is capable of completing in a given period. How much capacity buffer is needed for those?

Capacity Planning Software – Plan, Analyze and Prepare for capacity

ThroughPut

What is Capacity planning software? Capacity planning software is a programmable solution that helps manufacturing organizations understand the actual production capacity needed to address fluctuating demands for its products and services. With reference to capacity planning, design capacity is defined as the maximum amount of work that an organization is capable of completing in a given period. How much capacity buffer is needed for those?

How Collaborative Transportation Management Provides Access to More Freight Capacity

Turvo

The need for more capacity remains a continuous battle hymn in the global supply chain. Other Opportunities to Use Collaboration to Increase Capacity Tightening freight capacity remains a core problem in the industry today.

Modeling brewing capacity to drive cost savings at HEINEKEN

AIMMS

This means we help the team answer questions about global production footprint design, such as “where should we build our breweries,” “where should we invest in capacity,” “how much capacity should we build on which location,” “what kind of equipment should we invest in” and “when should we invest.”. Every country or operating company has its own supply chain team and is responsible for managing its own capacity, demand and supply.

The Pros and Cons: International and Domestic Sourcing

Unleashed

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective.

Strategic sourcing enters a new age. Are you keeping up? (Part 2)

ivalua

In last week’s blog , I began discussing telltale signs that you have entered the new age of strategic sourcing. Leading manufacturers have proven that best-in-class strategic sourcing can create measurable and sustainable shareholder value by contributing to top line growth and bottom line profitability. Improving costs remains a core competency for any sourcing organization. Strategic Sourcing Requires Collaborative Working Arrangements with Key Suppliers.

Understanding the Importance of Strategic Sourcing

USC Consulting Group

Sourcing is a key component of your Supply Chain – perhaps the most important part. Faced with these challenges and demand outstripping capacity, purchasers feel an increased need for stronger vendor relationships. That’s where Strategic Sourcing comes into play. Download our eBook: “ Understanding the Importance of Strategic Sourcing ” to learn more about strategies for dynamic supply chain sourcing.

Regional Carriers Are Great Source for Owner Operator Trucking Jobs

Kane is Able

Some may choose to hunt profitable freight on load boards, while others align with carriers to provide dedicated capacity. Owner-operators are freedom-loving entrepreneurs. They own their trucks and want to earn a good living, while remaining independent. In recent months, Kane Freight Lines has had an increasing number of inquiries from drivers seeking owner-operator trucking jobs. That’s because currently, in the spot market, load-to-truck ratios are down and rates are down.

Why Strategic Sourcing and Supplier Management Can Make or Break Your Customer Experience

ivalua

However, few manufacturers ever sit back and ask, “How can our procurement or strategic sourcing initiatives contribute to the overall customer experience?” I would argue that, if you’re in manufacturing, strategic sourcing is the first place to start shaping the customer journey. In manufacturing, it is the strategic sourcing group that finds the best component parts for new product introductions. This problem appears to be the result of sourcing choices.

COVID-19: Implications on inventory planning, sourcing and procurement

EFT

This has really put a stress on our ‘old normals’ and what we thought were our capacities have almost doubled and that was only in [the space of] a month’s time. This has really put a stress on our ‘old normals’ and what we thought were our capacities have almost doubled and that was only in [the space of] a month’s time.”. We need to look at alternative sources of procurement, of production, alternative factories, alternative countries.

Sourcing Offices: a shift of paradigm

KEPLER Consulting

Over last decade, sourcing offices became a major piece within globalized footprint of western retailers. After a first era of development and opportunity catch up particularly positive and characterized by consistent purchasing gains , most of these Sourcing Offices are now searching for their second breath. Back to the origins, the Sourcing Offices have been developed by retailers for two main reasons: #1 Gather demands coming from various entities within a same group.

Going Beyond Brokerage: How North American Capacity Solutions Can Go to Work for You

Talking Logistics

While these approaches can certainly deliver a significant return on investment (ROI), other strategies that can positively impact their transportation network are often overlooked – for example, thinking more strategically about capacity. Make it a part of your larger transportation strategy and achieve a meaningful and sustainable ROI with creative, tailored and comprehensive capacity solutions. Big or small, capacity solutions are not one-size-fits-all.

How COVID – 19 Might Shape the Future of China Sourcing and Manufacture

Logistics Bureau

COVID-19 and the Future of China Sourcing and Manufacture. Limited capacity of ports to handle exports. Furthermore, Chinese suppliers may not look too kindly on the loss of business and may make it difficult for such enterprises if they need to source Chinese-made components or raw materials in their future operations. Covid 19 Global Sourcing

Be more Strategic about Your Supply Chain Sourcing

CH Robinson Transportfolio

A strategic approach to sourcing what you need to keep your business moving can help avoid disruptions and stay competitive in today’s competitive market. A strategic approach to obtaining what you need to keep your business and products moving—whether you’re sourcing raw materials, manufactured accessories, or transportation capacity—can help avoid unforeseen disruptions and create a competitive advantage in today’s changing market.

Energy efficiency: Are fossil fuels or renewables the more reliable source?

USC Consulting Group

By just about every measure, natural resources such as these are significantly more efficient than legacy sources like coal, natural gas and oil. “Which energy source gets you the most power delivery for your investment dollar? ” It raises an interesting question, however: Which energy source is the most efficient of them all? Germany is hoping that by 2030, approximately two-thirds of its energy will derive from sources like wind and solar.

Managing Threats And Opportunities With Cognitive Sourcing

LevaData

As digital innovation takes the forefront when it comes to customer experience and engagement, new connections between brand managers, manufacturing, and sources of supply are rapidly emerging. Organizations will begin to move away from calendar-based sourcing events to an as-needed process that allows for more agile management of their supply chain. First of all, the search for socially responsible, regulatory compliant sources of supply is already daunting.

Tapping Into Private Fleet Backhaul Capacity

Talking Logistics

In today’s challenging transportation environment, the more avenues shippers have to find and secure capacity, the better. While there is currently considerable investment and effort to add capacity to the market, there’s also a lot of wasted capacity such as empty private fleet backhauls. How can shippers tap into this source more efficiently? For shippers, the challenge is getting visibility to the capacity that is available at reasonable rates.

Shippers of Consumer Products Impacted Most by Capacity Crunch

Cerasis

Most all shippers have felt the recent tightening in capacity. The Great Capacity Crunch: The Current State, Future Outlook, & How Shippers Can Thrive in Any Capacity Crunch. As you can imagine, with a tight transportation market, it’s become even more difficult for vendors to source reliable trucks. Retraining staff on what’s acceptable could positively impact the reputation of your facility and/or product, and ultimately help shippers score capacity.

Change Management in Moving from Tactical to Strategic Sourcing

Supply Chain View from the Field

I had the opportunity to host a panel of Chief Procurement Officers at the Zycus Horizons 2015 meeting on October 5, 2015, on the subject of the journey organizations take in moving from tactical to strategic sourcing. We are moving to a model where we focus less on the tactical things and the strategic sourcing, and are looking at revenue drivers around innovation to create a more sustainable model.

Five Ways to Be a Shipper of Choice: Lessening Capacity Crunch Impact with a TMS

Talking Logistics

Whatever the cause, the end result is the same: trucking capacity is tight, really tight. Shippers are paying higher rates, and even with offering higher rates many shippers are seeing rejected loads from the same carriers they relied on for capacity in the past. As trucking companies work to add equipment and to attract drivers, they are carefully choosing which shippers are first in line for the limited capacity they do have available.

Supply Chain Management: How Businesses Can Increase Resilience and Mitigate Disruption

USC Consulting Group

The federal government has helped to increase the supply of PPEs by invoking the Defense Production Act, which mandates certain high-capacity industries to pause what they’re doing and devote resources to producing life-saving products and equipment. Ken Glasser, a global sourcing contracts manager at Axcelis Technologies, told Supply Chain Dive that dual sourcing has made supply chain disruptions easier to manage. Addressing constrained capacity.

Supply Chain News on Companies Moving Sourcing Out of China, but Vietnam, other Countries not Ready for Prime Time

Supply Chain Digest

Vietnam is Practically Sold Out of Capacity, but Finding Component Sources is Major Challenges

Finding Truckload Capacity: Insights on Managing the Spot Procurement Process

Talking Logistics

Data from various sources indicate that truckload capacity is starting to tighten. For example, here’s some data from Wolfe Research published earlier this year: When capacity gets tight, shippers tend to leverage the spot market more. When it comes to finding spot capacity, a lot of shippers still “dial for diesels” — that is, they pick up the phone and call a bunch of carriers.

Why SMEs May Lead a Shift Away from China Sourcing

Logistics Bureau

The Coronavirus pandemic has raised concerns over China sourcing, accelerating the trend in businesses around the world seeking secondary sourcing countries. With China’s manufacturing capacity being the largest in the world, and the country boasting significantly lower production costs than those in the West, it will take brave entrepreneurs to completely shut down their China operations—especially those with access to China’s gargantuan consumer market.

The Wisdom of the Crowd (Sourcing) Doesn’t Apply to Commercial Shipping

Supply Chain Collaborator

More than a year ago, the Supply Chain Collaborator blog examined the trend toward crowd sourcing and wondered aloud whether an “Uber for commercial shipping” was imminent. Sixteen months later, a virtual lifetime in the technology realm, the crowd sourcing economy shows no signs of slowing with numerous solutions emerging across a host of industries. With capacity at a premium, carriers today are very strategic in what business they’ll accept.