Intelligent Audit

AUGUST 24, 2022

These cases show how machine learning in the logistics industry facilitates finding these anomalies, allowing the company to take action and correct the mistake. How Machine Learning in the Logistics Industry Provides Value. Anomaly Detection in Freight & Shipping Data. What is machine learning in logistics?

Optimal Sourcing 52

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Talking Logistics

MARCH 13, 2015

Here’s the news that caught my attention this week: January 2015 Freight Transportation Services Index (TSI). Truckload Freight and Rates Dip Seasonally in February: DAT Freight Index. Cass Freight Index – February 2015. business inventories flat, inventory-to-sales ratio highest since 2009 (Reuters).

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Logistics Viewpoints

AUGUST 12, 2022

The report concludes the industry needs to build 50 more lithium mines, 60 more nickel mines and 17 more cobalt mines by 2030 to meet global net carbon emissions goals. For comparison, they spent $3.4 Exports of strawberries, immensely popular in Asia, also increased by 29.7 7-Eleven Inc. But as the pandemic eased, demand softened.

Logistics Network Optimization Software 227

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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. Industry Week , @IndustryWeek ]. Robots : Robotics have the power to change the entire freight industry.

Logistics Network Optimization Software 120

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SCMDOJO

MARCH 28, 2023

The use of complex technologies in managing inventory, transportation, trade, and other supply chain activities has been evolving for ages. One such technology that has had a significant impact on the financial industry is blockchain, which is the underlying technology of digital currency or cryptocurrency.

Supply Chain Design Software 107

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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

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Cathy Roberson

AUGUST 2, 2021

As such, my search continues and it may be continuing into 2022 since inventories remain low, shortages in raw materials continue, and overseas delivery delays impact the furniture industry. However, it may be a bit too much since the walls are painted a soft yellow. But, it could be better if more volume was in their pipelines.

Vendor Strategies 82

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CH Robinson Transportfolio

JULY 19, 2020

Less than container load (LCL) shipping is rapidly becoming a go-to service option for businesses seeking help in a complex global logistics industry. What freight qualifies for LCL shipping. Only freight that can account for added transport time is a good fit for expedited LCL shipping. Reduced costs. Dependable transit times.

Material Savings 44

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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

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Supply Chain Matters

SEPTEMBER 21, 2023

As a means of comparison, the National Retail Federation reported in January that last year’s retail sales during the November to December holiday period grew 5.3 On the fulfillment network side, as part of the prescribed high level reviews of all businesses, an analysis was made of the company’s operational and freight cost factors.

Cost Reduction Strategies 59

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Zipline Logistics

APRIL 19, 2021

Freight rates have risen dramatically over the past year following an unprecedented downturn at the onset of the COVID-19 pandemic. Since Q2 of 2020, the freight market has posted nearly uninterrupted growth. Historic Port Congestion Leads to Freight Difficulties . for the first quarter in year-over-year comparisons.

Freight 54

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CH Robinson Transportfolio

OCTOBER 22, 2019

As a result, inventory builds up, costs rise, and customers wait longer for their products to arrive. In comparison, however, Chilean customs are very similar to the U.S. exports of consumer and industrial products to enter Chile duty free. consumer and industrial imports into Colombia. Robinson’s Navisphere® technology.

South America 34

South America Chile Brazil America 34

Zipline Logistics

SEPTEMBER 29, 2020

The past three quarters have been anything but typical for the freight market and the domestic economy at-large. The arrival of COVID-19 sent freight volumes skyrocketing to keep up with panic buying at retailers nationwide. Following the short downturn , the freight market began a rapid recovery that has yet to cool off fully.

Freight 52

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GlobalTranz

MAY 20, 2015

When you choose a company to transport your freight or to supply you with the materials you need to manufacture a product, you are putting your hard work and reputation in their hands. The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM.

Procurement Analytics 120

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FLEXE

OCTOBER 20, 2016

She identified which model she wanted and then comparison shopped online. And, new industry solutions are enabling them to make it happen very quickly. Shorter product life cycles, higher store inventory turns and smaller back rooms in the retail front are dramatically increasing the frequency of stock replenishments.

Logistics Network Optimization Software 66

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Elementum

AUGUST 9, 2022

Of course you’ll also want to answer this question before launching mass marketing campaigns, building up inventories, and hitting record sales — only to learn that money’s being lost because material costs are too high. (Or Stick to industry standards : Avoid the need for specialty transportation or supply lines.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Design Supply Chain Optimization Optimal Sourcing 78

GlobalTranz

JULY 14, 2017

Freight Damage. Freight damage occurs, but it should not be occurring frequently and without reason. Shippers tracking damage need to also track average costs associated with damaged freight, including returned items, refused shipments, insurance claims and changes in insurance premiums using Less-than-Truckload data.

Data 151

Data Negotiating Skills Vendor Strategies Resource Reduction 151

Logistics Viewpoints

OCTOBER 6, 2023

retailers and other delivery customers for the first time in more than four years are easily winning discounts from United Parcel Service and FedEx , according to industry data and interviews with seven professionals who advise shippers in price negotiations. million sq ft of industrial space.

Logistics Network Optimization Software 246

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FLEXE

OCTOBER 20, 2016

She identified which model she wanted and then comparison shopped online. And, new industry solutions are enabling them to make it happen very quickly. Shorter product life cycles, higher store inventory turns and smaller back rooms in the retail front are dramatically increasing the frequency of stock replenishments.

Supply Chain Software 38

Supply Chain Software Demand Planning Software Supply Chain Network Software Modeling Software 38

Talking Logistics

JULY 17, 2018

Below is a comparison of 2017 vs. 2018 parameters for oversize shipments: Source: enVista. Have lightweight/low density freight (e.g., Analyze each box size in your inventory, and know what weight is expected for each box size stocked in your facilities with your dim factor. What Has Changed? Have no waiver for the 90-lb.

Pricing Training 121

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FLEXE

OCTOBER 20, 2016

She identified which model she wanted and then comparison shopped online. And, new industry solutions are enabling them to make it happen very quickly. Shorter product life cycles, higher store inventory turns and smaller back rooms in the retail front are dramatically increasing the frequency of stock replenishments.

Agile and Lean Supply Chain 28

Agile and Lean Supply Chain Modeling Supply Chain Software Supply Chain Strategy 28

Logistics Bureau

SEPTEMBER 3, 2017

And by comparison and with apparently so much to gain, why do some logistics service providers and their clients fail to team up effectively? Two freight forwarders might work together to achieve better geographical coverage by combing their two fleets and driver workforces. Compatible business cultures.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40

Supply Chain Matters

JUNE 14, 2022

In this regular edition of our featured column, Supply Chain Matters This Week in Supply Chain Management Technology , we provide a capsule synopsis of noteworthy supply chain management focused technology news which we believe would be of specific interest to our global-based multi-industry supply chain readership.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimization Software Demand Planning Software 52

Logistics Bureau

SEPTEMBER 3, 2017

And by comparison and with apparently so much to gain, why do some logistics service providers and their clients fail to team up effectively? Two freight forwarders might work together to achieve better geographical coverage by combing their two fleets and driver work-forces. Compatible business cultures.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40

Intelligent Audit

NOVEMBER 30, 2021

The state of ocean freight continues to evolve in the wake of peak season, approaching holiday shipping deadlines , and ongoing disruptions. But imagine this reality: With ocean freight costs setting records, those same errors are now setting records. It’s also impractical to shift solely to air freight when ocean rates soar.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Shipping Container Tracking 52

Intelligent Audit

OCTOBER 28, 2021

As highlighted by Hellenic Shipping News , ocean freight has seen a steady increase in recent months, but those impressive numbers are dwarfed by more than double the dry container freight rates and demands. Difficulty managing inventory and issues with corroborating inventory with orders and maintaining good stock levels.

Cost Reduction Strategies 52

Cost Reduction Strategies Purchasing Skills Supply Chain Planning Software Optimal Sourcing 52

Logistics Viewpoints

JUNE 3, 2022

The dairy industry says USTR should be ready to continue with additional actions to hold Canada accountable to its USMCA obligations if the consultations fail. And, in comparison to the previous high-water marks, which were set just three months ago in the fourth quarter of 2021, they show growth of 7 percent and 25 percent respectively.

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Intelligent Audit

APRIL 6, 2022

While some may argue against this move, it is a sign that uncertainty is the biggest factor in transportation management, and while primary causes, there were other factors at play in the transportation industry. A thorough inventory of costs separated into their categories provides accessible, accurate data.

Optimal Sourcing 52

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Intelligent Audit

NOVEMBER 5, 2021

This comes as industry experts expect an above-average market demand through much of 2022. 6 report that sentiment in the trucking industry ‘remains notably hot.’ Industry respondents said they don’t see an end to current freight conditions, and 2022 TL rates are expected to be up approximately 5.25% compared to this year.”

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Inventory Reduction Material Savings 52

6 River Systems

OCTOBER 12, 2020

We follow a stringent procedure to organize inventory in our warehouses. This approach tends to lead to a quicker and easier supply chain with inventory in transit for only a few days compared to a month’s inventory in an ocean container, and then another two to three weeks to clear customs. Efficient warehouse operations.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Material Savings Inventory Reduction 98

20Cube Logistics

MARCH 23, 2021

It works out cheaper than air freight. For small businesses, LCL is a preferred mode as it saves on inventory space. The freight forwarder has to do multiple tasks in LCL with regards to consolidation of LCL shipments, booking it in books and next book the container for shipping. Air freight is quick and safe.

Cargo 52

Cargo Material Savings Freight Price Reduction 52

Zipline Logistics

MAY 4, 2021

Freight rates rose throughout 2020, and we have yet to see the trend reverse with any consistency. This week we will focus on retail demand, which has continued to beat year-over-year comparisons for the better part of the last year. Consumer spending during COVID has propelled the freight market to previously unseen highs.

Retail 52

Retail Freight Supply and Demand Purchasing Skills 52

Supply Chain Game Changer

AUGUST 30, 2022

In my experience Total Cost of Ownership ( TCO or TCOO) models typically include some combination of the following elements: Unit price (Always the first item) Takedown rate performance Payment terms Freight and Logistics terms and transfer of ownership Lead times (order, delivery, replenishment) Other Parameters (eg.

Optimal Sourcing 103

Optimal Sourcing Purchasing Skills Manufacturing Procurement Negotiating Skills 103

GlobalTranz

MAY 18, 2021

There are many terms in logistics to consider, such as last mile logistics and last mile delivery , but they end up sounding confusing because all freight has a last mile portion. It’s incredibly complex and subject to the unique view of each person and how they perceive the industry. Transportation Terminology Glossary of Terms.

Logistics Network Optimization Software 156

Logistics Network Optimization Software Transportation Demand Planning Software Rail Software 156

Zipline Logistics

APRIL 27, 2021

Freight rates rose sharply in 2020 and continue to remain elevated this year. Since last May, the freight market has grown almost uninterruptedly. While this ascent has benefitted carriers, CPG shippers have paid the price in rising freight rates that came on the heels of many continuous months of favorable pricing.

Freight 52

Freight Forecasting Trends Capacity 52

Logistics Viewpoints

FEBRUARY 25, 2022

In some industries, the pandemic’s effects on demand were more sudden and severe than any recession scenario companies had planned for. Given low inventories and dwindling spare capacity, the oil market cannot afford large supply disruptions,” said UBS analyst Giovanni Staunovo in a Reuters article. More than 2,100 U.S.-based

Price Reduction 207

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Talking Logistics

MARCH 3, 2017

Boston startup raises $10M for retail software that predicts inventory needs (Boston Business Journal). Freightos unveils beta launch of international freight price index (American Shipper). 2016 North American Freight Numbers. What are the biggest hurdles the industry must overcome to enable broad adoption of driverless trucks?

Logistics Network Optimization Software 0

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