The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Information is critical to the success of any supply chain and RPA can also be used to track inventory as it flows throughout the supply chain, if correct integration and tools are used. Freight Management. Freight management is driven by time-critical, manual tasks. Price Lookup and Comparison.

Supply Chain Software 246

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

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

GlobalTranz

MAY 12, 2016

Furthermore, some data may be of minimal use without comparison to and identification of trends and collaborations between data from other transactions within a given warehouse or transportation system. However, most of today’s data goes unused and represents a lost opportunity to the company.

Metrics 120

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

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. Freight audit and payment management can help highlight and address these expenses. How Freight Auditing and Payment Boosts Working Capital and Cash Flow.

Freight 52

Freight Expense Reduction Supply Chain Planning Software Cost Reduction Strategies 52

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

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. Going forward, it is vital that shippers analyze their freight spend and if required renegotiate their rates regularly to remain competitive.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

Zipline Logistics

DECEMBER 22, 2020

But with freight conditions like those we have seen throughout most of 2020, building in additional lead time is an even more essential piece of your logistics operational puzzle. Building-in additional lead time in a tight freight market is crucial. On-time freight performance also increased to 99.27%. Efficiency improvements.

Freight 52

Freight Cost Reduction Strategies Shipping Price Reduction 52

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2022

That said, information needs to be timely and it needs to be accurate. IT solutions for supply chains need to bring that micro level information on waste (including GHG emissions) into the hands of managers. Using this information, carbon emissions is calculated for each step.

Optimal Sourcing 246

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

ShipBob

JANUARY 6, 2023

You’ll also get a quick comparison of the top providers to make your search easier. Share compliance information and documentation. You’ll need to enter the measurement and capacity information for each vehicle and then use this in combination with your item dimensions to effectively plan loads. Fleet/carrier management.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Supply Chain Network Software Forecasting Software 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. He crafted delivery solutions for e-commerce clients and managed supply chains for several chemical and freight forwarding companies.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Expense Reduction Supply Chain Software Logistics 130

The Logistics & Supply Chain Management Society

APRIL 19, 2023

According to the IHS Markit 2022 Automotive Market Outlook, the European car production forecast for 2022 decreased by 2 million in comparison with the forecast predicted only eleven months prior. As post-pandemic maritime export volumes soar, global ocean freight transportation is in a critical position. million cars.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Trends Modeling Supply Chain Software 130

Zipline Logistics

MAY 19, 2020

As we move into the back half of May, the freight market is starting to show signs of an expedited rebound. . Th ese conditions have caused a more favorable freight environment. That is e specially the case for outbound freight in southern states and California where produce season is in full swing. . Logistics? ? .

Freight 52

Freight Rhode Island Delaware New Hampshire 52

GlobalTranz

SEPTEMBER 12, 2018

Brick-and-mortar locations that have not ventured into the realm of e-commerce will falter in comparison to companies that have already embraced e-commerce. This may include adding shipping information to product pages. Failure to do so will result in added freight costs , which will translate into higher prices for consumers.

Resource Reduction 182

Resource Reduction Cost Reduction Strategies Price Reduction Supply Chain Strategy 182

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 108

Global Scenario Planning Metrics Benchmarking 108

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. Real-time access to information in the warehouse can fundamentally change how logistics employees work.

Logistics Network Optimization Software 120

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

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. From Third Party Logistics, Warehouse information, Technology, and KPIs. Current State of the Logistics and Freight Economy.

Logistics Network Optimization Software 132

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

Freightos

JULY 26, 2018

Not even B2B is spared from these changing expectations (which is why we at Freightos launched an online freight marketplace ). While freight industry executives likely sighed with relief when an update of Amazon’s logistics.amazon.com page on June 28th turned out to be nothing more than a franchise model for courier delivery services.

Logistics Network Optimization Software 133

Logistics Network Optimization Software Data Logistics Supply Chain Planning Software 133

Supply Chain Game Changer

MARCH 2, 2022

In fact, 93% of customers say they want to be informed with increased visibility throughout the entire delivery journey, from in-transit status through to final arrival date. Subscribe to Supply Chain Game Changer. Supply Chain Visibility Has Never Been More Important! Last-mile delivery visibility is key to business success.

Real-time Visibility 88

Real-time Visibility Predictive Analytics Software KPI Optimization Software 88

Intelligent Audit

MAY 6, 2021

That risk of something adverse occurring — a disruption — continues to drive investments of time and resources into more informed decision-making and leveraging logistics analytics. Sharing information is an absolute necessity in today’s supply chain. However, the decision to implement analytics is only one part of the solution.

Optimal Sourcing 59

Optimal Sourcing Network Optimization Sourcing Strategies Resource Reduction 59

DAT Solutions

JANUARY 7, 2019

The surge in truckload demand led to record-high rates last year , as freight brokers and shippers routinely had trouble securing capacity. For comparison, there were 161 million loads posted on the DAT Load Board in 2017. Above were the top 10 markets for outbound dry van, refrigerated van and flatbed freight. That'd be 2018.

Freight 87

Freight Comparison Security Capacity 87

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

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? Renegotiate in a more informed way through data-backed decisions. Keep up with market trends and rates. Plan Out Scenarios.

Optimal Sourcing 52

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

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

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 Shipping 44

GlobalTranz

JANUARY 30, 2015

If portions are supplied from other parties, it is vital to expose possible exceptions or differences in interpretations of the data provided in comparison to what you control. If it is difficult to navigate, sort, or understand it is still relatively useless information. How is the data provided?

Transportation 120

Transportation Data Analytics Software Optimal Sourcing 120

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. But, absolute gains in LTL freight volumes have been decent, such that tonnage in 2014 passed the pre-recession highs. 3% annual growth after that.

Purchasing Skills 120

Purchasing Skills Negotiating Skills Manufacturing Procurement Cost Reduction Strategies 120

Supply Chain Network

OCTOBER 9, 2018

Arrival times captured were compared with the EDI transactions for those arrivals to complete the comparison and highlight the significant disparity between the arrival times communicated and the actual arrival time of ships to berth locations.

Supply Chain Software 114

Supply Chain Software Predictive Analytics Software Missouri Expense Reduction 114

Intelligent Audit

SEPTEMBER 16, 2021

Freight invoice auditing and payment processing form a major revenue opportunity for shippers looking to cut costs. However, in-house versus outsourced freight audit and payment can have a significant effect on ROI. ” Still, it can be hard to understand what a freight audit entails and how it adds value.

Freight 52

Freight Analytics Software Cost Reduction Strategies Price Reduction 52

Intelligent Audit

AUGUST 24, 2022

Anomaly Detection in Freight & Shipping Data. With the support of artificial intelligence , machine learning can find anomalies in data related to freight and shipping. Companies can use this information to identify and solve problems, thus streamlining logistics processes. Detention Fees.

Optimal Sourcing 52

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

SCMDOJO

MARCH 28, 2023

In comparison, a blockchain search only took 2.2 This application eliminates redundant paperwork and provides real-time freight tracking. Supply chain management is essential to business success, and it involves the coordinated management of product, process, information, and cash flows. Blockchain as the future of Supply Chain?

Supply Chain Design Software 107

Supply Chain Design Software Supply Chain Software Supply Chain Network Software Supply Chain Design 107

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

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

GlobalTranz

JANUARY 19, 2015

than simple cost comparisons. Consideration for the new machinery required and the production floor layout will be essential information for facility selection and planning. Most of the reshoring information available to U.S. There’s more involved in successfully reshoring a foreign manufacturing operation back to the U.S.

Manufacturing Procurement 120

Manufacturing Procurement Purchasing Skills Buyer Training Manufacturing 120

Freight Plus

DECEMBER 19, 2018

Cass Information Systems. Although November’s Cass Information Systems linehaul index didn’t break the new all-time-record set in October (143.4), price increases were up 8.2% The report’s author, Donald Broughton, noted that this was “still very impressive given the tougher comparison.”. American Trucking Association. ,

Report 40

Report Transportation Industrial Industry 40

Supply Chain Game Changer

NOVEMBER 19, 2018

Whatever your Industry you should be able to make comparisons to competitors, do benchmarking, and even compare yourself on key metrics across industries. Raw Materials, Buyers, Planners, Product Data Management, Commodity Managers, Freight and Logistics, Distributors, Suppliers, Systems (eg. Cost and Profit Management.

Negotiating Skills 84

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 84

DELMIA Quintiq

NOVEMBER 30, 2015

Equally, it could become a white elephant project with little impact on European freight transport times or costs. This is my biggest concern about the “One Belt One Road” initiative. What gets constructed and where it is to be constructed may be driven by what is preferred by the Fund.

Sri Lanka 120

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

CH Robinson Transportfolio

OCTOBER 22, 2019

Having the right information is the first step to wading through the muck and mire of this complicated ecommerce marketplace: South America customs vary by country. In comparison, however, Chilean customs are very similar to the U.S. While surface transportation remains stagnant, ocean freight shows promise. Final thoughts.

South America 34

South America Chile Brazil America 34