Freightos

NOVEMBER 7, 2023

More Resources Home November 7, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Air rates – Freightos Air Index China – N.

Negotiating Skills 285

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction Strategies 285

Logistics Viewpoints

FEBRUARY 26, 2024

I was on the phone with Australia, China, Indonesia – really everywhere – trying to negotiate directly with suppliers. The organization realized that everything they had saved over the last 10 years by contracting with a preferred vendor, they lost in three months when they had to go off contract and find alternative suppliers.

Supply Chain Planning Software 249

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 249

Logility

OCTOBER 18, 2022

Sanctions, blocked Ukrainian ports, and stalled transportation routes have also disrupted the China-to-Europe supply chain. This means supply chain leaders have had to shift from using trains back to using ocean freight and getting goods to market takes longer. By 1979, China was one of the globe’s fastest-growing economies.

Supply Chain Disruption 130

Supply Chain Disruption Predictive Analytics Software Predictive Analytics Agile and Lean Supply Chain 130

Freightos

FEBRUARY 22, 2024

More Resources Home February 22, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Air rates – Freightos Air Index China – N.

Price Reduction 177

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 177

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

While China stands out as the largest producer of clean energy in the world, it is also the largest polluter in terms of green house gas emission. As an independent consultant that specializes in e-commerce and sustainable solutions, I get to work with companies that are looking to reduce their green house gases.

Asia 245

Asia Supply Chain Planning Software Logistics Network Optimization Software Vendor Strategies 245

Shipsy

APRIL 9, 2020

Get instant quotes across their vendors and other trusted ones in the market and give digital confirmation. Optimizing Rates Through Wider Selection and Multiple Bidding Rounds The only way to optimize rates in a spot rate driven procurement model is to use a wider selection of vendors and have multiple bidding rounds with them.

Optimal Sourcing 98

Optimal Sourcing Modeling Cost Reduction Strategies Vendor Strategies 98

Logility

OCTOBER 14, 2021

In December 2020, the US Customs and Border Protection issued a detention order on cotton products sourced from some parts of China. import authority in the space of three months against goods made by forced labor from China’s Xinjiang Uyghur Autonomous Region (XUAR). It marked the sixth such enforcement order from the U.S.

Sustainability 130

Sustainability Supply Chain Design Software Manufacturing Procurement Supply Chain Planning Software 130

Freightos

DECEMBER 28, 2023

More Resources Home December 28, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Air rates – Freightos Air Index China – N.

Negotiating Skills 194

Negotiating Skills Price Reduction Asia Vendor Strategies 194

ivalua

APRIL 8, 2021

Many organizations have had some form of program in place for many years, with a myriad of agencies certifying vendors for one of many possible types of diversity. The real challenge is that supplier diversity has generally been viewed as competing with other objectives, such as cost reduction or lowering risk.

Cost Reduction Strategies 130

Cost Reduction Strategies Vendor Strategies Price Reduction Optimal Sourcing 130

ShipBob

JULY 14, 2022

Without this knowledge, you might be leaving your goods in the hands of as many as 20 outside vendors and partners to ensure they get delivered on time — and you may not even know the names of all those vendors. In today’s hyper-connected world, freight forwarding can seem like a lone holdout.

China 98

China Freight Shipping Modeling 98

Freightos

JANUARY 10, 2024

More Resources Home January 10, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Air rates – Freightos Air Index China – N.

Negotiating Skills 221

Negotiating Skills Asia Price Reduction Optimal Sourcing 221

Supply Chain Game Changer

AUGUST 14, 2020

This means that companies are satisfying client demands through various transport modes – including trucks, maritime transport, freight rail, and air and express delivery. Freight transport service providers need to carry out their duties responsibly, meticulously, and in a cost-efficient manner. In the U.S.,

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Predictive Analytics Software 98

Freightos

DECEMBER 16, 2016

Basically, the 7,236 miles from China to the US may have the same shipping costs as the last mile. That spend will need to come from either the customers, who will pay for the convenience, or reduced from other points in the supply chain (which is where less-sexy but more impactful supply chain innovation comes in).

Shipping 120

Shipping Logistics Network Optimization Software Purchasing Skills Los Angeles 120

Supply Chain Matters

APRIL 4, 2023

A specific statement that caught our attention indicated: “ Supply chains continued to recover from the immense pressure experienced through much of the past three-and-one-half years, as average vendor lead times shortened to the greatest extent since May 2009.” The overall average for Q1 increased 2.4 percentage points from that of Q4-2022.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Purchasing Skills 52

20Cube Logistics

SEPTEMBER 17, 2021

20Cube goes the extra mile for our clients using managed services for logistics in Melbourne, Malaysia, China, Germany, and Italy. 20Cube specialises in digital logistics and freight forwarding through our platform called MyHub. Compliance management plays an important role in evaluating long-term relationships with your vendors.

Forecasting 52

Forecasting Logistics Network Optimization Software Forecasting Software Purchasing Skills 52

Resilinc

AUGUST 31, 2021

When it comes to the enduring congestion in freight and logistics, Akhtar and Vakil reported that the team is hearing from customers – across virtually all industries – that delays are cutting into production and revenues and freight-expedite costs are impacting profits. The post Supply Chain: Interrupted.

Supply Chain Planning Software 62

Supply Chain Planning Software Pharmaceutical Supply Chain Software Modeling 62

CH Robinson Transportfolio

FEBRUARY 4, 2020

The coronavirus outbreak has prompted an official global health emergency that is severely affecting business operations not only in China but also around the globe. In general, there has been an increased reduction of travel in and out of China. Delayed start to the new year. Chongqing Municipality. Jiangsu Province.

Inventory Reduction 50

Inventory Reduction Vendor Strategies Supply and Demand China 50

Logistics Bureau

OCTOBER 24, 2022

Since we promised to update you regularly, we’ve collated some of the latest stories from the world of freight shipping, warehousing, logistics services, and supply chain technology, so that you can keep your finger on the pulse of the fast-changing logistics landscape. How retailers are reevaluating post-pandemic inventory strategies.

Supply Chain Planning Software 52

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

Talking Logistics

JANUARY 15, 2016

Amazon could be moving into the $350B ocean freight market (USA Today). SAP Is the First Enterprise Software Vendor to Receive U.S. November 2015 Freight Transportation Services Index (TSI). And yesterday, news emerged that the company’s Chinese affiliate, Amazon China, has registered with the U.S.

Prescriptive Analytics Software 100

Prescriptive Analytics Software Logistics Network Optimization Software Supply Chain Design Software Supply Chain Network Software 100

Stord

APRIL 26, 2022

After 2+ years of out-of-stock messages, low inventory levels, and sky-high costs, brands are exploring a wide range of strategies to resolve these issues and strengthen their inventory throughput in 2022 and beyond. Unfortunately, not all supply chain strategies are created equal. Which of These Strategies is the Most Feasible?

Inventory Reduction 78

Inventory Reduction Vendor Strategies Cost Reduction Strategies Expense Reduction 78

TransAudit

MAY 16, 2022

How Long Has the Freight Audit Company Been In Business? The company’s ability to remain in business usually speaks to its proven ability to audit freight bills and recover lost profits. This is key because technology is the starting point for any freight bill or accounts payable recovery audit.

Rail Software 52

Rail Software Supply Chain Design Software Analytics Software Logistics Network Optimization Software 52

GlobalTranz

APRIL 26, 2016

The Freightos System is SaaS for freight contract management, automatic price quotations, and business intelligence. For centuries, the expense, risk, and frustration with ocean freight held back expansion of the international economy, despite the invention of the steam invention. First use of a modern container for ocean freight.

Shipping 120

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

Shipsy

JANUARY 16, 2020

Shipsy’s rate procurement software comes powered with intelligence around local charges, intelligent reference rates and multiple dashboards around cost saving and vendor participation. Ensure that vendors cannot add charges that are not part of the agreed template. Reduce the Incidents of VIA Charges by Shipsy Execution.

Analytics Software 52

Analytics Software Negotiating Skills Container Tracking Logistics Network Optimization Software 52

CH Robinson Transportfolio

JULY 9, 2020

Robinson had previously helped Teradyne reduce their time to market and helped them keep costs competitive, and now we’ve built on that success with a solution for current market conditions. Thanks to effective collaboration and special arrangements among Teradyne’s inbound planning and manufacturing teams, vendors, and our team at C.H.

Negotiating Skills 44

Negotiating Skills Taiwan Vendor Strategies Material Savings 44

Cathy Roberson

JUNE 28, 2021

Sifford told participants at last week’s Jefferies 2021 Virtual Consumer Conference that the company reached out to key vendors and assured them that Shoe Carnival would continue paying invoices during the pandemic. The top three exporters to the US were China, 61.2%, Vietnam, 24.3%, and Indonesia, 5.2%. In 2020, 1.9

Vendor Strategies 52

Vendor Strategies Inventory Reduction Expense Reduction Forecasting 52

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. First use of a modern container for ocean freight. Did You Know That … It wasn’t just about freight. Container Regulation. International Economy.

Shipping 120

Shipping Cargo Supply Chain Design Software Asia 120

Intelligent Audit

JUNE 30, 2022

As highlighted by RetailDive, “ COVID-19 also disrupted manufacturing areas in Bangladesh, India and other major producing countries, not least of all China. A demand surge in the US-led to shortages in cargo space, shipping containers, and other equipment, leading to skyrocketing ocean freight prices.”

Optimal Sourcing 52

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

GlobalTranz

JULY 29, 2015

Due to an increase in wages and manufacturing costs in China, many 3pl companies are “near shoring” — offering increased services in areas closer to the U.S. In short, outsourcing transportation empowers a shipper to get a clear picture of how to improve transportation strategies without having to struggle to get the information yourself.

Transportation Management 120

Transportation Management Transportation Report Demand Planning Software 120

Freightos

OCTOBER 4, 2017

And at the heart is a battle being waged between Alibaba and Amazon, both via very different strategies. Amazon’s licensed NVOCC (ocean freight forwarder), Beijing Century JOYO Courier Service, imports the spinners from China, where they are delivered to a California Amazon fulfillment center. billion customers outside China.

Logistics Network Optimization Software 62

Logistics Network Optimization Software Manufacturing Procurement Logistics Modeling Software 62

3rdwave

NOVEMBER 8, 2018

From optimizing freight movements and controlling freight costs, to supply chain SKU transparency and optimal inventory management, the value proposition for global transportation management is substantial and significant. based on dimensional weights to maximize load and reduce per unit cost. A very recent survey of U.S.

Supply Chain Design Software 79

Supply Chain Design Software Global Transportation Supply Chain Planning Software Optimization Software 79

Kanban Logistics

SEPTEMBER 24, 2020

For example, let’s say your product is manufactured and packaged in China and is shipped to you in North Carolina for distribution here. You can ship the products back to China to be reconfigured and then shipped back to the U.S. Reduce your inventory and speed up the cash cycle. Vendor-managed inventory (VMI).

Warehousing 52

Warehousing 3PL Logistics Network Optimization Software Manufacturing Procurement 52

Tompkins Blog

JANUARY 15, 2014

Supply Chain Risk in China: Focus on. Given that China represents the lions share of Asian sourcing, it is worthwhile to take some time to focus on its risks. While supply chain risks in China are not typically as pronounced as that of other Asian sourcing countries, the high volume sourced from China raises the total risk.

Asia 51

Asia Supply Chain Planning Software Supply Chain Software Supply Chain Planning 51

Zipline Logistics

JANUARY 6, 2020

It was a good year for shippers as freight rates plummeted for the majority of 2019, substantially backing off the historic highs the industry witnessed in 2018. An overall economic sluggishness hit freight particularly hard in 2019 leading to what many have labeled as a “ freight recession.”.

Freight 14

Freight Negotiating Skills Negotiate Pricing Purchasing Skills 14

Logistics Bureau

MAY 24, 2019

If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all.

Cost Reduction Strategies 54

Cost Reduction Strategies Inventory Reduction Expense Reduction Price Reduction 54

Freightos

NOVEMBER 21, 2023

More Resources Home November 21, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Air rates – Freightos Air Index China – N.

Negotiating Skills 286

Negotiating Skills Optimal Sourcing Asia Yemen 286

Talking Logistics

JUNE 3, 2016

China’s logistics sector grows steadily in 2015 (Xinhua). DAT Launches Streamlined TMS for New Freight Brokers. Natarajan said drones can reduce the labor intensive process of checking stocks around the warehouse to one day. Uber raises $3.5 billion from Saudi Arabia’s sovereign wealth fund (Reuters).

Logistics Network Optimization Software 0

Logistics Network Optimization Software Saudi Arabia Logistics Predictive Analytics Software 0

3rdwave

NOVEMBER 8, 2018

From optimizing freight movements and controlling freight costs, to supply chain SKU transparency and optimal inventory management, the value proposition for global transportation management is substantial and significant. based on dimensional weights to maximize load and reduce per unit cost. A very recent survey of U.S.

Supply Chain Design Software 41

Supply Chain Design Software Global Transportation Supply Chain Planning Software Optimization Software 41