Intelligent Audit

AUGUST 25, 2022

It has always been essential to have visibility into freight spending. Freight audit & payment (FAP) providers have long paved the way to gaining this visibility by looking at shipping invoices and breaking down freight spend. What Is Freight or Transportation Spend Management?

Real-time Visibility 52

Real-time Visibility Transportation Management Supply Chain Planning Software Optimization Software 52

GlobalTranz

MAY 12, 2016

Business practices have become synonymous with the application and collection of data for continuous improvement. However, most of today’s data goes unused and represents a lost opportunity to the company. Unfortunately, data lacks value if not properly cleansed, transformed, and applied.

Metrics 120

Metrics Logistics Network Optimization Software Supply Chain Optimization Supply Chain Strategy 120

Freightos

JANUARY 28, 2016

10 Controversial Freight Predictions For 2016. Data savvy shippers are collaborating with other shippers to reduce spend, crunching big data to benchmark freight rates to make the right freight decisions. Freight Industry Is Finally Online. We Start Thinking Of Freight As Big Parcels. On the list?

Predictive Analytics Software 120

Predictive Analytics Software Freight Purchasing Skills Price Reduction 120

Freightos

JANUARY 28, 2016

10 Controversial Freight Predictions For 2016. Data savvy shippers are collaborating with other shippers to reduce spend, crunching big data to benchmark freight rates to make the right freight decisions. Freight Industry Is Finally Online. We Start Thinking Of Freight As Big Parcels. On the list?

Predictive Analytics Software 120

Predictive Analytics Software Freight Purchasing Skills Price Reduction 120

Intelligent Audit

SEPTEMBER 15, 2021

Discovering billing mistakes through leveraged data from freight audits helps shippers identify cost-cutting opportunities through accurate invoicing and payment processing. Freight audit savings might arise from recouping costs due to overbilling, service guarantee failures, or simply using the wrong carrier for each load.

Waste Reduction 52

Waste Reduction Cost Reduction Strategies Analytics Software Resource Reduction 52

Intelligent Audit

SEPTEMBER 9, 2021

For several reasons, working capital management and freight auditing remain vital for achieving growth and success in the modern supply chain. With the growing focus on and demand for two-day and even same-day shipping, consumers want fast and reliable shipping services, which always come at a price.

Freight 52

Freight Expense Reduction Supply Chain Planning Software Cost Reduction Strategies 52

Intelligent Audit

SEPTEMBER 30, 2021

In modern freight transportation services, GRI stands for General Rate Increase. The GRI shipping term refers to the usual increase in fees that are applied to container shipping rates. What GRI Stands for in Shipping. GRIs have historically been implemented on an annual basis. per package for large packages or $250.00

Shipping 52

Shipping Expense Reduction Cost Reduction Strategies Resource Reduction 52

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

RPA can automate the uploading of reporting and contract data for transactions from contracts into Transportation Management Systems (TMS) or Enterprise Resource Planning (ERP) systems with greater speed and accuracy. Freight Management. Freight management is driven by time-critical, manual tasks. Procurement.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Intelligent Audit

NOVEMBER 3, 2021

Large shipping companies that average at least $1 billion in annual revenue can report processing costs that come in 70 percent lower than smaller shippers in the market. The implications of reduced cost in just this one area of processing and freight payment management can have a significant impact on profits.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Freight Vendor Strategies Expense Reduction 52

Talking Logistics

JUNE 30, 2015

Transportation has followed the same evolutionary pattern, moving upstream from day-to-day freight transactions to an integral component of top-level corporate planning and procurement strategy. It is easy to understand why strategy is often set aside to meet immediate needs of getting product shipped out the door. Be demand driven.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

Supply Chain Collaborator

JULY 25, 2016

Here are some closely guarded secrets from super users of TMS solutions regarding how they’re leveraging the captured transportation data and harnessing it to supercharge their TMS results. Benchmarking TMS data improves and enhances service levels by providing comparisons of customer service-related activities. . _.

Benchmarking 60

Benchmarking Data Logistics Network Optimization Software Supply Chain Software 60

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2022

When I was advised that this month’s LogiSYM Magazine would have some focus on digitization, I immediately thought about the absence of greenhouse gas (GHG) emissions data in our everyday life. Digitization of processes should include this emissions data going forward. These suppliers do not have to provide carbon emissions data.

Optimal Sourcing 246

Optimal Sourcing Optimization Software Real-time Visibility Logistics Network Optimization Software 246

Freightos

APRIL 16, 2015

Feel like you keep on reading headlines about “ the Uber-ificiation of 3D printed big-data drones “? We’ve rounded up the top 20 logistics technology innovations changing the way over $18 trillion dollars of goods are shipped annually. We know how you feel. Logistics startups are popping up everywhere. The next step?

Logistics Network Optimization Software 120

Logistics Network Optimization Software Supply Chain Software Optimization Software Supply Chain Network Software 120

Logistics Viewpoints

AUGUST 12, 2022

In all, the acquisition will add more than 350 temperature-controlled vehicles and four million square feet to the UPS Healthcare global footprint, offering customers access to faster shipping times, greater production flexibility, and offerings to help them attract new business. For comparison, they spent $3.4 percent to 38.7

Logistics Network Optimization Software 227

Logistics Network Optimization Software Modeling Logistics San Antonio 227

Zipline Logistics

AUGUST 14, 2020

Despite a pandemic that has disrupted many parts of the global supply chain, the freight market has been on a recent tear. According to data from FreightWaves , load volumes were up an additional 2.9 Current outbound tender volume is up 34 percent over 2019 and 38 percent over 2018 in year-over-year comparisons.

Freight 52

Freight Manufacturing Procurement North America Scenario Planning 52

Enterra Insights

JUNE 28, 2023

By 1956, the first container ship sailed from the port of New Jersey to Texas. That includes packaging, warehousing, shipping, and more. “By leveraging supply chain technology and data analytics, businesses are able to identify areas of improvement and create added value — resulting in higher profits.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Logistics Supply Chain Design Software 130

ShipBob

JANUARY 6, 2023

You’ll also get a quick comparison of the top providers to make your search easier. Transportation management systems also enable you to automate your freight tendering process. By automatically dispatching carriers, you can significantly expedite steps such as booking and tendering of freight. Fleet/carrier management.

Supply Chain Planning Software 52

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

E2open

NOVEMBER 15, 2022

(NYSE: ETWO), the connected supply chain SaaS platform with the largest multi-enterprise network, announces that it has expanded its partnership with Surge Transportation, a digital freight brokerage providing real-time pricing and routing guide optimization for companies that ship goods over the road.

Supply Chain Network Software 78

Supply Chain Network Software Optimization Software Logistics Network Optimization Software Optimal Sourcing 78

GlobalTranz

JULY 5, 2016

We continue our series on the top 5 blogs in our 4 main categories ( Freight , Manufacturing , Logistics , and Supply Chain ). Our first post covered the Top 5 Freight Management blogs of 2016. e-Book] The Ultimate Guide to Manufacturing, Supply Chain, Logistics, Transportation, & Freight Metrics & KPIs.

Logistics Network Optimization Software 132

Logistics Network Optimization Software Logistics Supply Chain Design Software Modeling Software 132

Intelligent Audit

SEPTEMBER 1, 2022

Technology has moved businesses forward in creating efficient processes and gaining improved insights into transportation management and freight spend , but are you using these to your fullest advantage? Carriers can significantly impact shipping costs , customer experience, shipment options, and other factors.

Optimal Sourcing 52

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

Supply Chain Network

OCTOBER 9, 2018

Since the inception of EDI (Electronic Data Interchange) in the early 1970’s logistics professionals have always taken for granted the accuracy of EDI tracking transactions sent for various activities across their global supply chains. For the uninitiated, the specific benefits of making these improvements can be significant.

Supply Chain Software 114

Supply Chain Software Predictive Analytics Software Missouri Expense Reduction 114

Intelligent Audit

AUGUST 11, 2021

Nominations for the 2022 FreightTech 100 Awards are now being accepted With the upcoming peak season on our minds and with more than 25 years of revolutionizing freight auditing and payment processing, Intelligent Audit wants you to take a moment to reflect on the past year’s innovations and humbly asks for your nomination.

Analytics Software 52

Analytics Software Supply Chain Design Software Modeling Software Supply Chain Planning Software 52

Talking Logistics

OCTOBER 30, 2018

In 2018, tender reject rates have reached as high as 25% in late July, and although they’ve fallen to nearly 14% more recently, that’s still a significant volume of freight moved via the spot market. As part of a blind study performed by UltraShipTMS, data was culled from three discrete shippers who’d been using this strategy and tool.

Optimization Software 101

Optimization Software Capacity Logistics Network Optimization Software Supply Chain Software 101

Intelligent Audit

JUNE 13, 2022

According to the latest report from the Bureau of Labor Statistics (June 3, 2022), May’s data reflected a monthly increase of 13,300 jobs, continuing a trend that has seen significant increases in three of the past four months. However, not everything is all fun and games. A June 3 article from Splash247.com

Price Reduction 52

Price Reduction Supply Chain Strategy Supply Chain Software Supply Chain Optimization 52

Intelligent Audit

MAY 6, 2021

Of course, that’s possible only if a company can visualize the full movement of freight and know when it makes sense, financially and strategically, to take those steps. Further, data normalization has the ability to cut down on all the noise to uncover a true comparison between carriers, services lanes, and related fees.

Optimal Sourcing 59

Optimal Sourcing Network Optimization Sourcing Strategies Resource Reduction 59

GlobalTranz

JULY 28, 2015

The transportation mode LTL, or Less Than Truckload, has grown to become the predominant, preferred means of freight transportation across the US. Additionally, industry experts and third-party logistics shipping providers ( 3PLs ) find themselves in the difficult position of ensuring the flow of merchandise continues as LTL use grows.

Purchasing Skills 120

Purchasing Skills Negotiating Skills Manufacturing Procurement Cost Reduction Strategies 120

Intelligent Audit

AUGUST 24, 2022

Logistics anomalies can create problems in the shipping process, contributing to issues that affect the business and customers. In addition, we present seven use cases of machine learning detecting anomalies in shipping activity or spend. Anomaly Detection in Freight & Shipping Data. Technology can help.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Negotiating Skills Supply Chain Planning Software 52

Intelligent Audit

APRIL 20, 2021

Optimizing transportation spend management , especially within parcel shipping, comes down to effective contract negotiations. Let’s take a closer look at six tips for negotiating small parcel contracts and how they can help your organization reduce shipping spend. Know Your Data, Including Projected Volume, Services, and Expectations.

Negotiating Skills 59

Negotiating Skills Price Reduction Cost Reduction Strategies Benchmarking 59

GlobalTranz

JULY 14, 2017

How do shippers know if their carrier selection process for less-than-truckload (LTL) shipping is working? The answer is simple; shippers must track the right data. Unfortunately, there are thousands of less-than-truckload data points shippers can track, but the most prominent indicators include these LTL metrics.

Data 151

Data Negotiating Skills Vendor Strategies Resource Reduction 151

EC Sourcing Group

MARCH 12, 2023

Identify your data sources that can help identify supplier performance. Update the data frequently because interactions and transactions with the supplier change often. Some of the most common invoice errors include charging the wrong item price or for the wrong quantity, or charging freight which is not contractually allowed.

Procurement Analytics 52

Procurement Analytics Purchasing Skills Procurement Solutions Supply Chain Planning Software 52

Turvo

OCTOBER 21, 2021

Reason for the drastic increase in freight prices . Probable events that will lead to a downfall in freight prices. In recent months, businesses and shippers have been plagued with abnormally high freight rates. For comparison, the prices stood at just under $11,000 for a similar container in the last week of July 2021.

Freight 81

Freight Price Reduction Cost Reduction Strategies Scenario Planning 81

Talking Logistics

FEBRUARY 18, 2015

Supply chain visibility and big data are hot topics and everyone is trying to figure out how to extract and analyze the data they have for better visibility and decision making. Financial data and visibility into the costs associated with shipping are critical to improving corporate financial performance.

Supply Chain Visibility 100

Supply Chain Visibility Negotiating Skills Optimal Sourcing Supply Chain Optimization 100

Freightos

FEBRUARY 18, 2018

Freight Rate Update Wk7. Weekly update article on the Freightos International Freight Index exploring rate trends and their driving forces. Coming out from the Chinese New Year holiday shutdown, with international freight movements from China at a standstill, air and ocean pricing from China barely moved last week. Manageable.

Freight 125

Freight South America Europe China 125

Supply Chain Game Changer

NOVEMBER 19, 2018

From planning to negotiating to buying, from moving goods to processing goods, and from managing data to managing inventory. Whatever your Industry you should be able to make comparisons to competitors, do benchmarking, and even compare yourself on key metrics across industries. Yet often the Supply Chain is undervalued.

Negotiating Skills 84

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 84

Freight Plus

NOVEMBER 5, 2018

"Am I paying too much for my inbound freight?" - John C. While most companies keep a tight handle on their outbound freight as well as their commercial invoice costs, inbound freight is often overlooked. Your freight spend begins with your suppliers and vendors but it doesn't end there. Clean data capture.

Negotiating Skills 40

Negotiating Skills Purchasing Skills Negotiate Pricing Cost Reduction Strategies 40

Freightos

FEBRUARY 14, 2018

Freight Rate Update Wk6. Weekly update article on the Freightos International Freight Index exploring rate trends and their driving forces. Air Freight Pricing. That said, China-US air freight rates barely moved from last week, currently at $3.25-$5.00 (USD/kg). Ocean Freight Pricing. Manageable. Manageable.

Freight 120

Freight South America China Europe 120

Talking Logistics

JULY 29, 2016

Freightos Launches First International Freight Marketplace to Power $2 Trillion Worth of U.S. In other technology news, Freightos announced “the launch of the world’s first online marketplace for international freight, providing instant comparison, booking, and management of freight services from multiple logistics providers.”

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Planning Software Optimization Software Demand Planning Software 0