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. Managing bid packages, for instance, can be time consuming and complex. Disaggregate freight spend data.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

Talking Logistics

SEPTEMBER 1, 2017

August is usually a quiet month for supply chain and logistics news, but not this year, especially the past couple of weeks. Freight Companies Scramble to Reroute Goods in Wake of Harvey (WSJ – sub. UK government announces funding for truck platooning trials (Automotive Logistics). The same is true for supply chains.

Logistics Network Optimization Software 0

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DAT Solutions

OCTOBER 26, 2017

The retailers save time and money by consolidating packages or mixed cargo, and moving full truckloads of merchandise from one distribution center to another, to pre-position goods in advance of the demand. In recent years, however, as e-commerce volume has doubled, holiday freight continues to move throughout the fourth quarter.

Freight 70

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Intelligent Audit

AUGUST 24, 2022

Logistics anomalies can create problems in the shipping process, contributing to issues that affect the business and customers. In particular, businesses can rely on machine learning in logistics as a solution to anomalies. What is anomaly detection, and how can machine learning be used in logistics to help with anomalies?

Optimal Sourcing 52

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GlobalTranz

FEBRUARY 1, 2019

Today, warehouses can utilize robots in all aspects of fulfillment processing , including both inbound and outbound freight management. Paired with a possible talent shortage, the need to automate more processes, especially those involving motions in the warehouse, such as picking and packaging orders, has grown more important.

Material Savings 234

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E2open

NOVEMBER 15, 2022

Expanded technology partnership enables shippers to optimize logistics and transportation spend in e2open’s Carrier Marketplace AUSTIN, Texas – Nov. 15, 2022 – E2open Parent Holdings, Inc. Our SaaS platform anticipates disruptions and opportunities to help companies improve efficiency, reduce waste, and operate sustainably.

Supply Chain Network Software 78

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Talking Logistics

JULY 29, 2016

Now, before I spontaneously combust in my house-turned-sauna, let’s go to this week’s supply chain and logistics news: Amazon to step up UK tests of delivery drones (The Telegraph). Freightos Launches First International Freight Marketplace to Power $2 Trillion Worth of U.S.

Logistics Network Optimization Software 0

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Logistics Viewpoints

SEPTEMBER 1, 2023

The number of package flights operated by FedEx Express and UPS significantly declined month over month in July, underscoring how far the overall air cargo market has sunk since the spring of 2022 and the effect of efficiency initiatives the companies have undertaken in response to lower express volumes.

Logistics Network Optimization Software 223

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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.

3PL 120

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Logistics Viewpoints

JULY 19, 2023

A few ways companies can begin to offset their carbon footprint is to take a deeper look at product packaging, energy efficiency, alternative fuels, route optimization, and returns and recycling programs. However, sustainability in logistics goes well beyond these initiatives.

Sustainability 193

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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. per package for large packages or $250.00 per package.

Shipping 52

Shipping Expense Reduction Cost Reduction Strategies Resource Reduction 52

GlobalTranz

APRIL 10, 2017

Shippers often forget about the possible savings through an effective inbound logistics strategy. In addition, managing vendors and inbound logistics can feel like a lot of work for little gain, yet the possible savings by implementing an inbound logistics program can add up through these key ways.

Cost Reduction Strategies 179

Cost Reduction Strategies Vendor Strategies Inventory Reduction Negotiating Skills 179

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

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? Making collaboration work at the logistics sharp end is possible, but there are conditions. What Can Companies Gain from Collaborating in Logistics? Shared logistical expertise.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40

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? Making collaboration work at the logistics sharp end is possible , but there are conditions. What Can Companies Gain from Collaborating in Logistics? Shared logistical expertise.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40

Logistics Viewpoints

OCTOBER 6, 2023

And now on to this week’s logistics news. Under the service, called Return a Package, an Uber driver will pick up sealed and prepaid packages at a customer location and drop them off at a local post office or FedEx Corp. Uber charges a $5 flat fee for up to five packages tendered at a time or a $3 fee for Uber One members.

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Supply Chain Game Changer

AUGUST 13, 2021

4 Ways Packaging Optimization Can Improve Business Processes! In comparison, the external dimension refers to the outside size. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Right shipping boxes article and permission to publish here provided by Dan Martin.

Shipping 111

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TMC

SEPTEMBER 29, 2016

Managed services solutions offer transportation management system (TMS) software and third-party provider expertise in one package. 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.

Logistics Network Optimization Software 48

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Intelligent Audit

MAY 19, 2022

Many expenses arise from these disruptions that impact the bottom line profits for shippers today; one of the most volatile and impactful is freight bill financing. Managing freight costs and freight payments , whether per mile, per load, or truckload is vital to overcoming the obstacles and disruptions currently plaguing the industry.

Logistics Network Optimization Software 52

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ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. Logistics network inefficiencies can also leave costly trails. All of this at the best price.

Predictive Analytics Software 59

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Veridian Solutions

NOVEMBER 26, 2018

Today, warehouses can utilize robots in all aspects of fulfillment processing , including both inbound and outbound freight management. Paired with a possible talent shortage, the need to automate more processes, especially those involving motions in the warehouse, such as picking and packaging orders, has grown more important.

Supply Chain Design Software 45

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Logistics Viewpoints

JUNE 3, 2022

And now on this week’s logistics news. Robots are continuing to become key components in the logistics space. 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. US challenges Canada’s dairy policies.

Logistics Network Optimization Software 212

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Talking Logistics

JULY 17, 2018

With the 2018 General Rate Increase (GRI), FedEx and UPS are further “tightening the vise” for oversize packages. Below is a comparison of 2017 vs. 2018 parameters for oversize shipments: Source: enVista. FedEx is shaving 12” off package length qualification for oversize, and UPS is adding this condition. What Has Changed?

Pricing Training 121

Pricing Training Negotiating Skills Purchasing Training Optimal Sourcing 121

Logistics Bureau

NOVEMBER 22, 2021

Shipping air inside expensive freight containers has never been a cost-effective approach to transportation. Today though, in the wake of the COVID-19 pandemic, it’s even more critical to try and improve capacity utilisation , given the skyrocketing costs of container freight shipping. Products and Packaging.

Freight 82

Freight Waste Reduction Cost Reduction Strategies Shipping 82

Elementum

AUGUST 2, 2017

by 2020 globally, the logistics industry is booming. Logistics, the complex operation involving the movements of people, facilities, and supplies, is applied in every industry from manufacturing to retail to trade. The global logistics market is expected to grow from US $8.1T XPO Logistics Inc., in 2015 to US $15.5T

Logistics Network Optimization Software 60

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GlobalTranz

JULY 14, 2017

Knowing the proper metrics and data points to track promotes cost-effective shipping practices and can improve vendor, carrier and consumer relationships, reports Merrill Douglas of Inbound Logistics. Freight Damage. Freight damage occurs, but it should not be occurring frequently and without reason. Cost Per LTL Shipment.

Data 151

Data Negotiating Skills Vendor Strategies Resource Reduction 151

6 River Systems

OCTOBER 12, 2020

According to the 30th Annual State of Logistics Report by the Council of Supply Chain Management Professionals (CSCMP), companies spent $1.64 trillion on logistics and transportation services in the United States in 2018, an increase of 11.4% Overall, logistics spending in 2018 reached 8% of U.S.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Material Savings Inventory Reduction 98

Supply Chain Game Changer

NOVEMBER 24, 2018

Check out What’s The Difference Between Logistics and Supply Chain Management? What is the difference between Logistics and Distribution? Without consulting a dictionary both Logistics and Distribution suggest imagery involving the movement of goods. Subscribe Here! Email Address. Infographic). ” [link].

Distribution 92

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Logistics Bureau

JULY 12, 2017

Choosing freight carriers is not the easiest of tasks, so it’s understandable why companies often overlook the need for a freight review , even when such an undertaking is long overdue. Read and Heed the Signs that Freight Review is Due. But how do you know when it’s the right time to conduct a freight review?

Negotiating Skills 40

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Intelligent Audit

NOVEMBER 5, 2021

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.” Why Logistics Business Intelligence Is Key to Rooting Out Hidden Costs. Leverage a Well-Integrated Logistics Accounting Software.

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Inventory Reduction Material Savings 52

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. Of the logistics terminology, blockchain is unique in that it can be a private consortia or publicly traded system.

Logistics Network Optimization Software 156

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GlobalTranz

APRIL 30, 2018

An effective logistics management program takes all factors into account to make the best freight shipping decision. Shippers may consider dimensional pricing models versus freight weight package rates before choosing parcel shipping. The Programs Handle Freight Along the Same “Line” as Normal Shipping.

Negotiating Skills 153

Negotiating Skills Freight Purchasing Skills Shipping 153

Supply Chain Game Changer

FEBRUARY 18, 2021

It’s a great time to capitalize on some of the trending ideas like the Amazon Prime Air service that will deliver packages up to five pounds in 30 minutes or less using small AI-enabled drones for delightful delivery experiences. This is the time online retail businesses need to optimize and improve their supply chain and logistics processes.

Shipping 98

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ShipBob

MAY 11, 2020

As long as your international shipping strategy is set up to ensure you’re profitable and keep logistics costs down, there’s a lot of unmet potential in expanding across the globe. . Sometimes, packages will be handed off to a different carrier (e.g., 6 factors to consider before you start selling internationally.

Expense Reduction 52

Expense Reduction Inventory Reduction Cost Reduction Strategies Price Reduction 52

GlobalTranz

APRIL 23, 2018

If your company’s freight spend is $1 million, that 1 percent amounts to lost opportunities of $10,000. Now, imagine the savings if 1 percent of your parcel shipments, which make up 75 percent of total freight spend, cost half as much as they do now. Start with your organization’s existing freight spend on parcel shipping.

Analytics Software 137

Analytics Software Demand Planning Software Modeling Software System 137

Cathy Roberson

JULY 19, 2021

In comparison, there are 20,139 large businesses. International Knowledge Base is currently facilitating around 8% of UPS’ global export packages, and it is expected to expand to 60% by January 2022. The latest data from the US Small Business Administration (SBA) finds that there are 31.7 million small businesses.

Logistics Network Optimization Software 52

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BR Williams Supply Chain Management

MARCH 10, 2023

We would like to share some insights on the general economy and freight market specifically with you: our customers, employees, business partners and community. While many economists warned of the inherent uncertainties of a market dependent upon new variables with very little historical precedent, few predicted the freight recession of 2022.

Freight 98

Freight Report Forecasting Price Reduction 98