3GTMS

JUNE 14, 2017

In Making the Case , we’ll explain how a modern, feature-rich and user-friendly TMS can reduce your freight spend, improve service levels, streamline your logistics functions and give you more control over your end-to-end supply chains.

Supply Chain Design Software 124

Supply Chain Design Software Logistics Network Optimization Software Case Study Supply Chain Software 124

Intelligent Audit

NOVEMBER 3, 2021

The implications of reduced cost in just this one area of processing and freight payment management can have a significant impact on profits. But freight payment remains a very complex and often error-prone process. What Are Freight Payment Services. Freight payment service may also be known as freight audit and payment.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Freight Vendor Strategies Expense Reduction 52

The Logistics & Supply Chain Management Society

APRIL 19, 2023

In a NASA comparison , if a large power plant generated 1 billion watts of power in a year, it would take 44 million of these power plants to equal the power that our Earth receives from the sun. Air conditioning, refrigerators, freezers, lift gates, cranes, compactors, bus doors, electric charging outlets, just to list some examples.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Expense Reduction Supply Chain Software Logistics 130

Freightos

APRIL 16, 2015

Faster service, great capacity usage and direct connectivity with freight companies means better access to service providers. Freight Marketplaces : Cargomatic is a prime example of the rebirth of freight marketplaces. One example? Project44 is one example of a startup company addressing this.

Logistics Network Optimization Software 120

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

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

Talking Logistics

JUNE 20, 2017

Cost (Line Haul RPM): The rate per mile that is being paid for freight movement before fuel and other incidental charges. When glancing across the different metrics, routing guide compliance may also reflect a decline, which means the load planners are deviating from the established routing plans in order to cover freight.

Global 109

Global Scenario Planning Metrics Benchmarking 109

Supply Chain Shaman

NOVEMBER 21, 2018

Supply Chain Risk Drivers: A Comparison of Risk. The problem is that the acceptance of lanes by the carriers does not force the carrier to accept the freight when tendered. If the carrier does not accept the freight, the manufacturer loses time in moving the freight and is often forced to go to the open market to source freight.

Supply Chain Planning Software 195

Supply Chain Planning Software Forecasting Software Supply Chain Planning Demand Planning Software 195

ToolsGroup

AUGUST 1, 2022

In another example, Narvar’s study on “keep the item” returns demonstrates that: 65% of people appreciate that returnless refunds save them time and money. Reports indicate that returns are higher when products are sold online, with an average return rate of 30% for ecommerce purchases, in comparison with 10% for brick-and-mortar sales.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Freightos

JULY 26, 2018

These examples are from retail, but I sense that the same customer empowerment phenomenon is happening broadly across everything we do at Amazon and most other industries as well. Not even B2B is spared from these changing expectations (which is why we at Freightos launched an online freight marketplace ). And As For Global Freight….

Logistics Network Optimization Software 133

Logistics Network Optimization Software Data Logistics Supply Chain Planning Software 133

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. For example, a carrier scorecard that measures performance can help you realize when your company is incurring a higher rate of invoice errors.

Optimal Sourcing 59

Optimal Sourcing Network Optimization Sourcing Strategies Resource Reduction 59

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. Unsurprisingly, carriers are feasting on their advantage in this atmosphere. Consider the potential savings.

Optimization Software 101

Optimization Software Capacity Logistics Network Optimization Software Supply Chain Software 101

SCMDOJO

MARCH 28, 2023

Real-World Examples of Blockchain in Supply Chain Management An example of the use of blockchain in supply chain management is demonstrated through a project conducted by IBM and a large retailer in 2017. In comparison, a blockchain search only took 2.2 Blockchain as the future of Supply Chain?

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Software Supply Chain Network Software Supply Chain Design 111

MIT Supply Chain

AUGUST 17, 2021

A side-by-side matrix Our analysis is captured in the comparison matrix below. For example, the 2010 Eyjafjallajökull volcano eruption in Iceland caused a primary loss of freight transportation capacity, but that loss also robbed many companies of supply capacity. Disruption comparison matrix?—?Source: Source: James B.

Capacity 52

Capacity Supply Chain Design Software Supply Chain Design Supply Chain 52

Enterra Insights

SEPTEMBER 20, 2019

For example, Ewing-Chow discusses an Israeli agricultural technology company called Seedo. ” Another company in this agriculture space is Freight Farm, which provides farmers the ability to grow vegetables in converted freight shipping containers equipped with the latest hydroponics and automated systems equipment.

Supply Chain Planning Software 160

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Optimization Software 160

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. For example, a business may order a specific number of items, which would be too minute to warrant transport via rail or traditional truckload. For example, store A ran out of Item B.

Purchasing Skills 120

Purchasing Skills Negotiating Skills Manufacturing Procurement Cost Reduction Strategies 120

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

Intelligent Audit

SEPTEMBER 30, 2021

In modern freight transportation services, GRI stands for General Rate Increase. As a shipper, it’s impossible to avoid rate increases at times, and while freight invoice audits help to catch errors, not knowing the facts behind GRIs will only open the doors to risk. FedEx Freight shipping rates will increase by an average of 4.9%

Shipping 52

Shipping Expense Reduction Cost Reduction Strategies Resource Reduction 52

CH Robinson Transportfolio

JULY 19, 2020

What freight qualifies for LCL shipping. Only freight that can account for added transport time is a good fit for expedited LCL shipping. Only freight that can account for added transport time is a good fit for expedited LCL shipping. LCL shipping vs. full container load (FCL) or air freight. Reduced costs.

Material Savings 44

Material Savings Cost Reduction Strategies Inventory Reduction North America 44

GlobalTranz

OCTOBER 19, 2016

Editor's Note: This is a blog from our friend Augie Grasis who shows us how big data can work to our advantage with dynamic freight pricing. Such is the case in the LTL freight industry as well. . One example of the utilization of Big Data is dynamic pricing of LTL freight. Understanding this (and acting on it!)

Big Data 120

Big Data Price Reduction Freight Data 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

Supply Chain Game Changer

AUGUST 13, 2021

In comparison, the external dimension refers to the outside size. For example, if the shipping box is made out of wood, there would be a significant difference between the two. For example, if the internal dimension is 12x12x3″, it can fit items of the same size or smaller.

Shipping 111

Shipping How To Cost Reduction Strategies Supply Chain Optimization 111

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? An optimized carrier network helps you understand how to plan freight movement. Strengthen Your Network. Network Assessment.

Optimal Sourcing 52

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

GlobalTranz

SEPTEMBER 16, 2016

Third party logistics (3PL) is the function by where the owner of goods outsources numerous components of the supply chain to a 3PL company that can perform the management function of the clients’ customs, inbound freight, distribution, warehousing, order fulfilment and outbound freight to the client’s customers. Order Fulfilment.

3PL 120

3PL Third Party Logistics Logistics Network Optimization Software Warehousing 120

GlobalTranz

NOVEMBER 25, 2015

As we see this year, there are more cars on the road (meaning carriers want that attractive freight), and we are also seeing tight capacity. Don't let the bird not be the star of the show, make sure your freight is ready to go! That’s not just good news for consumers; capacity is opening up for freight carriers.

Turkey 120

Turkey Comparison Logistics Network Optimization Software Price Reduction 120

DELMIA Quintiq

NOVEMBER 30, 2015

For example, should Chinese investment in the ports of Karachi and Pireus qualify as elements of the “One Road” strategy, or are they great commercial opportunities snapped up from sovereign owners at a bargain? Equally, it could become a white elephant project with little impact on European freight transport times or costs.

Sri Lanka 120

Sri Lanka Supply Chain Design Software Supply Chain Planning Software Scenario Planning 120

Cathy Roberson

JUNE 28, 2021

Caleres, for example, noted that it learned to turn inventory faster than it had in the past. The majority of the imports are by way of ocean freight. However, to get a true picture of the footwear supply chain, one must not discount air freight. In comparison to the same period in 2019, volumes are down 40.8%

Vendor Strategies 52

Vendor Strategies Inventory Reduction Expense Reduction Forecasting 52

TMC

SEPTEMBER 29, 2016

It’s an attractive combination for shippers that want to outsource the day-to-day management of their freight networks while retaining full control of key decisions. These players are still major users, but there is a significant uptick in interest from shippers with more modest freight transportation budgets.

Logistics Network Optimization Software 48

Logistics Network Optimization Software Supply Chain Software Supply and Demand Supply Chain Network Software 48

Intelligent Audit

APRIL 20, 2021

Without the cleanse and normalization step, it is difficult to have an “apples to apples” comparison when going into negotiations. For example, a potential issue arises whenever the “unless otherwise noted” language makes an appearance. Consider Working With a Freight Association or Partner to Help During Negotiations.

Negotiating Skills 59

Negotiating Skills Price Reduction Cost Reduction Strategies Benchmarking 59

Freight Plus

MARCH 22, 2019

It's a comparison between one or more things where performance is measured. Or, if you're shopping for a new freight carrier you may want to know who offers the fastest service at the lowest rates. Freight audit and payment. That answer is simple - a supply chain benchmark is no different than any other type of benchmark.

Benchmarking 40

Benchmarking Supply Chain Planning Software Supply Chain Planning Supply Chain 40

Freight Plus

JUNE 11, 2018

It's a comparison between one or more things where performance is measured. Or, if you're shopping for a new freight carrier you may want to know who offers the fastest service at the lowest rates. Freight audit and payment. That answer is simple - a supply chain benchmark is no different than any other type of benchmark.

Benchmarking 40

Benchmarking Supply Chain Planning Software Supply Chain Planning Supply Chain 40

GlobalTranz

JANUARY 19, 2015

than simple cost comparisons. companies focuses on cost comparisons and does not consider other aspects of extracting your manufacturing from a foreign country. An Example. Twitter LinkedIn The post Skillfully Managing Manufacturing Reshoring Projects appeared first on Freight Logistics Company | Cerasis.

Manufacturing Procurement 120

Manufacturing Procurement Purchasing Skills Buyer Training Manufacturing 120

GlobalTranz

MARCH 20, 2015

Are you looking forward to becoming a master of logistics, handling freight management with increased efficiency? Freight Management will be a far easier task when you know how it all fits in the grand scheme of things. Such a plan will make sure you have better business opportunities in the long run. Being aware of locations.

Guidelines 120

Guidelines Freight Sustainability Logistics Network Optimization Software 120

ThroughPut

FEBRUARY 23, 2024

Even as some supply chains are struggling to harness the power of AI for multiple reasons , some others are already setting great examples. Optimize delivery routes, improve freight operations, and propose the best shipping methods to you. Geopolitical tensions, for example, are an existing issue in the supply chain today.

Predictive Analytics Software 59

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

Freightos

JANUARY 25, 2024

Freight is digitizing itself now at real scale. Crucially, the platform concept means that airlines don’t need to build one-off connections with each freight forwarder and that forwarders don’t need to update dozens of APIs a year. Q: What does it mean for the freight industry as a whole? The next stage is really 10,000,000.

Logistics Network Optimization Software 276

Logistics Network Optimization Software Negotiating Skills Optimization Software Cargo 276

Intelligent Audit

AUGUST 24, 2022

10 Examples of How Machine Learning Provides Benefits in Logistics. Anomaly Detection in Freight & Shipping Data. With the support of artificial intelligence , machine learning can find anomalies in data related to freight and shipping. It chose a less expensive carrier when making an apples-to-apples comparison.

Optimal Sourcing 52

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

Talking Logistics

FEBRUARY 18, 2015

Within contract negotiations, for example, or carrier mode selection or mode optimization, there’s the opportunity for continuous process improvement. Total Landed Cost (or Total Cost to Serve) is one of the objectives, but there are several other aspects to the business that can benefit from having timely and accurate financial data.

Supply Chain Visibility 100

Supply Chain Visibility Negotiating Skills Optimal Sourcing Supply Chain Optimization 100

Ware2Go

APRIL 18, 2022

By comparison, Walmart has over 5,000 retail stores. For example, when shopping shifted heavily to ecommerce in 2020, Urban Outfitters saw that the cost of shipping orders was eating into their margins. Namely, when brick-and-mortar traffic slowed down, they began to leverage their retail stores as micro-fulfillment centers.

Network Optimization 59

Network Optimization Distribution Supply Chain Network Software Inventory Reduction 59