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. Damage Rates or Cargo Loss. It also has a direct correlation to cargo loss.

Gartner 52

Gartner Supply Chain Software Supply Chain Optimization Supply Chain Strategy 52

Turvo

NOVEMBER 30, 2021

“This partnership brings together two companies that are solving systemic issues in global trade. Using data collected in real-time from hundreds of sources, they are able to keep a close watch on customers’ cargo and alert them in case of problems. Improved on-time delivery metrics.

Container Tracking 78

Container Tracking Real-time Visibility Supply Chain Design Software Logistics Network Optimization Software 78

Supply Chain Game Changer

AUGUST 21, 2022

A solid supply chain and logistics strategy is essential for large companies. Using a logistics-oriented strategy helps companies better understand their suppliers, improve customer service, and optimize shipping. Logistics plays a critical role in a company’s supply chain. It enables companies to understand their suppliers.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

The Logistics & Supply Chain Management Society

MARCH 14, 2023

The Shippers Council of the Logistics & Supply Chain Management Society comprises close to 30 of the largest shippers or beneficial cargo owners (BCOs) in the Asia Pacific. Most companies outsource >50% of their logistics services and we are often challenged with escalating logistics rates with poor reliability.

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

SupplyPike

MAY 14, 2020

Essentially, supply chain management is the administration and control of the movement of goods between companies and end customers. . Five Key Metrics for Monitoring the Impact of Panic Buying on your Supply Chain. Our Retail Intelligence software allows you to view all sorts of metrics in easy to understand charts, maps, and numbers.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Procurement Analytics 98

Supply Chain Game Changer

MARCH 26, 2021

Here are 5 ways that a company can reduce operational expenses for fleet management. Many companies work on a regular cycle where they invest in new high ticket equipment, whether it’s air conditioning units, vehicles, generators or something else. Companies should consider doing a repair and replace analysis.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Resource Reduction Price Reduction 98

Logistics Viewpoints

MAY 19, 2022

He had a load full of cotton bales, and while idling away hours at a shipyard watching stevedores load other cargo onto ships he dreamed up containers that transformed global supply chains. Trade-offs are inherent in supply chains, so companies that address them better gain significant competitive advantage. Now that’s an ROI!

Optimal Sourcing 228

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 228

SupplyPike

APRIL 17, 2020

LTL freight carriers normally transport small shipments of freight from many companies. In this system, space is shared by all of the cargo on one truck. When companies opt for LTL shipping, they are charged for the section of the semi-truck that their freight takes up. This saves a lot of transportation costs for the company.

Shipping 56

Shipping Vendor Strategies Expense Reduction Cargo 56

American Global Logistics

DECEMBER 7, 2022

Cargo planes could not fly out of or into Russia or Ukraine. 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 Its long-term impact remains unclear.

Russia 52

Russia Inventory Reduction Price Reduction Modeling 52

NC State SCRC

MARCH 25, 2021

By now many of you have heard about the “Ever Given”, which has been stuck in the Suez Canal since Tuesday, and is blocking all container ships trying to get through with their cargo. So what is this costing companies? That’s what its costing companies to have their cargo sit there.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Cargo Waste Reduction Material Savings 52

Stord

APRIL 7, 2019

The company is transitioning to a new hub-and-spoke model for distribution that sorts and stores product around its network based on how quickly shipments need to reach stores. Amazon is using a smaller distribution center for fulfillment in New York City , and other companies are following its lead. This number fell by 5.4%

Warehousing 60

Warehousing Kansas City Los Angeles New York City 60

SCMDOJO

APRIL 9, 2024

Companies that integrate these technologies in their logistics and supply chain processes optimize their operations and set themselves up for long-term success. As digital technology continues to evolve, companies should integrate more and more advanced systems that help them achieve peak logistic performance.

Supply Chain Design Software 76

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Design 76

Logistics Viewpoints

DECEMBER 7, 2021

The unprecedented cargo logjams off the southern California coast wreaking havoc on supply chains show no signs of waning. Despite the epic supply chain problems, some companies have taken big steps to profitably meet consumer demand leading up to and during the busy holiday season.

Capacity 191

Capacity Price Reduction Cost Reduction Strategies Inventory Reduction 191

DynaSys

SEPTEMBER 17, 2019

In other words, these are projects with benefits that are not visible in short-term financial metrics, but extremely important from a long-term perspective. To explain it simply – we can imagine a company that provides ink pens. What about “no-profit” projects in supply chain?

Waste Reduction 74

Waste Reduction Supply Chain Cost Reduction Strategies Resource Reduction 74

GlobalTranz

SEPTEMBER 23, 2021

Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.? Finding carriers that meet specific needs and help the company reach supply chain goals provides a competitive advantage within the marketplace. transportation metrics ?that are liable?network Focusing on the?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Resilinc

JANUARY 3, 2022

While the data varies by industry, research shows that Scope 3 supply chain GHGs are typically more than 10 times as high as the direct emissions generated by a company’s own facilities and activities. This trend notwithstanding, few companies are yet engaged in even counting their supply chain GHGs.

Resource Reduction 62

Resource Reduction Material Savings Solomon Islands Waste Reduction 62

GlobalTranz

JUNE 8, 2017

Small and middle-sized companies are pushed by the aggressive competition to be more flexible and adaptive. The transition from an on-site data handling to the cloud one opens the new opportunities in the overall company management. The cloud-based logistics has lots of metric tools. A Better Scope Management.

Logistics Network Optimization Software 200

Logistics Network Optimization Software Resource Reduction Cost Reduction Strategies Modeling Software 200

Talking Logistics

OCTOBER 29, 2013

Besides providing fast, thorough answers to customers, today’s ERP, cloud-based SaaS, or 3PL-operated systems enable companies to manage the order lifecycle, control information and cargo flows, and reduce the total cost of goods. performance metrics to influence vendor behavior and impact sourcing choices. Sourcing uses P.O.

Pricing Training 145

Pricing Training Purchasing Skills Purchasing Training Negotiating Skills 145

Supply Chain Shaman

FEBRUARY 23, 2015

It is one that most companies are not ready for… It is my hope that the port authorities stop sugar-coating the real issues. On March 16th-18th, I will be on a book tour in Europe discussing the concepts of Supply Chain Metrics That Matter. Uncategorized cargo global trade inventory ports supply chain visibility'

Long Beach 150

Long Beach Los Angeles Supply Chain Design Software Supply Chain Design 150

MIT Supply Chain

JANUARY 15, 2015

The 63 metric ton air shipment of personal protective equipment (PPE) and sanitation supplies valued at some $1.8 Airlink, the NGO that provided the air transportation, collaborated with the ACCEL logistics team to secure cargo space. Using local companies supports the Liberian economy, reduces costs, and streamlines the supply chain.

Liberia 40

Liberia Manufacturing Procurement Cargo Supply Chain Design Software 40

Enterra Insights

MARCH 28, 2019

Even when companies have been generally successful in reducing the number of imperfectly fulfilled orders, the high cost of the very small percentage of orders that aren’t filled completely, on time, damage-free and with all proper documentation and invoicing remains a vexing problem.”[1] In our example, that’s.99

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Design Software Modeling Supply Chain Network Software 100

20Cube Logistics

SEPTEMBER 29, 2019

The capability to address the issues and ensure the smooth functioning of the operations helps a company to be stable and with technology raising its bar every day in supply chain management, it’s more like management by exception rather exception management. . From exception management to manage by exception. Validating the transaction .

Supply Chain Visibility 40

Supply Chain Visibility Real-time Visibility Supply Chain Planning Software Supply Chain Planning 40

Zipline Logistics

OCTOBER 27, 2020

In a 2019 survey from Hotwire , 47% of consumers said they had recently switched to a different product or service because the company had violated their values. Companies can gain a competitive advantage by improving their environmental sustainability processes and marketing their efforts to consumers.

Vendor Strategies 52

Vendor Strategies Resource Reduction Waste Reduction Cost Reduction Strategies 52

ThroughPut

SEPTEMBER 10, 2021

Revenue Generation : If the cost of supply chain operations in a company is higher than the profits these operations are producing, the supply chain needs to be optimized to produce higher revenue. Data procured through real-time metrics can drive up sales , bring down wastages and lead to a robust supply chain.

Optimal Sourcing 52

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

Supply Chain Game Changer

MAY 5, 2020

If you didn’t realize that before the pandemic, in either your personal lives or at your company, more people certainly understand this adage now. As the impact of the pandemic became more apparent the stock market crashed in anticipation of companies facing sharply declining revenues, huge losses, and perhaps even bankruptcy.

Expense Reduction 85

Expense Reduction Material Savings Inventory Reduction Price Reduction 85

Locus

JULY 24, 2023

Think of it as carpooling for cargo – you share the ride, and so you share the costs. Typically supply chain managers at shipping companies would resort to cost cutting strategies and use of legacy solutions. It allows for fewer handling instances, reducing the risk of damages. It’s all about sharing space.

Optimal Sourcing 52

Optimal Sourcing Resource Reduction Optimization Software Modeling 52

Supply Chain Game Changer

AUGUST 27, 2020

Since the appearance of the first computers, information systems have been introduced in companies as a powerful tool to optimize and improve their management. application in the company and the existing technology at all times. The same is done with trucks and other cargo of different types.

Supply Chain Software 52

Supply Chain Software Optimization Software Demand Planning Software Logistics Network Optimization Software 52

Intelligent Audit

SEPTEMBER 9, 2021

To compete in growing markets and improving local and global economies, companies must look for every way they can to improve efficiency and better manage their finances. According to Aberdeen Strategy & Research , “over 80% of the Best-in-Class companies (top 20%) outsource their freight.

Freight 52

Freight Expense Reduction Supply Chain Planning Software Cost Reduction Strategies 52

Supply Chain View from the Field

NOVEMBER 12, 2014

Business at the Port of Houston is robust, and the volume is growing, based on the hope that the Panama Canal expansion will drive more cargo into the port. The sense was that the strategy was to drive out competition by forcing oil prices to go lower, and putting these newer companies out of business.

Procurement Analytics 102

Procurement Analytics Procurement Solutions El Paso Houston 102

Freightos

JUNE 9, 2018

While the air passenger industry has a solid tech foundation, air cargo does not. And while that’s easy for me to say as a startup, it’s echoed by industry professionals as well: I think, in general, the air cargo industry is still pretty traditional and it’s not really embracing technology. DISCOVER AIR FREIGHT SOLUTIONS.

Cargo 120

Cargo Negotiating Skills Demand Planning Software Supply Chain Software 120

Elementum

MAY 1, 2018

Such incidents have a significant impact on an organization's operational and financial performance; according to the World Economic Forum, for a Fortune 500 company the average estimated loss in market cap from supply chain disruptions is $3.2 Establish appropriate metrics that correspond with the steps outlined in your contingency plan.

Pharmaceutical 94

Pharmaceutical Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software 94

Supply Chain Network

APRIL 5, 2018

percent per year, over 90% of the world’s trade is carried by sea for a total of 23 million tonnes of cargo traveling by ship every day. With maritime transport growing at an average rate of over 8.5 When it comes to examples of Predictive Analytics firms focused on supply chains Elementum and ClearMetal are just a couple that come to mind.

Predictive Analytics 79

Predictive Analytics Predictive Analytics Software Analytics Software Big Data 79

Enterra Insights

JUNE 17, 2022

Squires writes, “At the heart of the idea of a smart city is a network of interconnected sensors, cameras, and devices that are constantly collecting and analyzing data about a number of metrics — an internet of things, if you will.

Predictive Analytics Software 130

Predictive Analytics Software Supply Chain Network Software Analytics Software Supply Chain Planning Software 130

3rdwave

JULY 20, 2020

Too often – make that almost always – importers and exporters (BCOs – Benefiticcial Cargo Owners) are dependent on their NVOCC, Freight Forwarder or 3PL (3PL) to provide them with visibility into their global supply chains. independent performance metrics and analytics for management decision support.

3PL 54

3PL Freight Procurement Analytics Negotiating Skills 54

Global Trade Management

DECEMBER 7, 2012

Global Cargo Monitoring / Cargo Tracking. Following are some key statements: Companies that beat the competition on supply chain performance also. metrics that really impact the bottom line; the Leaders in our survey. But, surprisingly, only 45% of respondents say their companies view the. Supply chain Leaders.

Sourcing Strategies 40

Sourcing Strategies Supply Chain Cargo Survey 40

Talking Logistics

MARCH 8, 2019

More stringent customer delivery requirements is certainly one factor, with On-Time In-Full (OTIF) becoming a more critical metric. The company had been the customer of DB Schenker, which provides a variety of logistics services globally. Simply put, OTIF spells OPPORTUNITY for transportation technology providers.

Rail Software 101

Rail Software Logistics Network Optimization Software Real-time Visibility Demand Planning Software 101

American Global Logistics

MARCH 22, 2023

Many companies are modernizing their supply chains. The Value of E2E Visibility Simply put, E2E visibility gives shippers, carriers, and customers visibility of cargo and products in the supply chain. They can influence performance measures, financial metrics, and customer service. This is a game-changer.

Supply Chain Software 52

Supply Chain Software Supply Chain Technology Logistics Network Optimization Software Analytics Software 52