Intelligent Audit

MAY 2, 2022

Actionable analytics and insights are meaningful findings resulting from data collection, interpretation, and logistics intelligence. As highlighted by Transport Topics in a January 2022 article discussing freight shipping analytics, “ Data shows total truckload rates year-over-year are holding around 12% higher.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Analytics Software Predictive Analytics 52

Intelligent Audit

MAY 9, 2022

With ongoing recovery firmly in progress across multiple industries, one of the most significant challenges facing freight forwarders, supply chain managers, and transportation service providers is the issue of payment and freight bill payment service management.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Freight Material Savings 52

20Cube Logistics

FEBRUARY 11, 2022

Air travel is not only convenient for traveling a long distance in a short span of time, but it is also the one-stop solution in the supply chain industry for the swiftness in operations it offers. With the current business scenario changing at a rapid pace, the freight forwarding industry is shifting its focus towards airfreight.

Agile and Lean Supply Chain 74

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 74

Intelligent Audit

MARCH 14, 2022

Freight audit and payment protocols have long been an essential service for shippers in competitive markets. Predictive planning and analysis are crucial to avoiding overpayment and freight rates and fees surprises. This is why freight invoice audit services and actionable intelligence are essential, mainly when focusing on spot bids.

Freight 52

Freight Data Expense Reduction Price Reduction 52

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 134

Logistics Network Optimization Software Data Logistics Supply Chain Planning Software 134

Intelligent Audit

APRIL 13, 2021

One critical but often overlooked component of successful shipping and logistics management remains freight audit and payment processes. Create a Clear Strategy for Freight Audit and Payment. Having a clear and thought-out strategy for handling payments, invoicing, and budget planning is critical for maximizing profits.

Optimal Sourcing 59

Optimal Sourcing Vendor Strategies Supply Chain Planning Software Analytics Software 59

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. And the effect of inaccurate demand forecasting is felt across the supply chain.

Predictive Analytics Software 59

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

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. Today's post will cover the top 5 logistics blogs from 2016 so far. Get Your FREE eBook Here.

Logistics Network Optimization Software 132

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

Intelligent Audit

MAY 6, 2021

Transportation network optim ization is a leading goal for supply chains around the globe. As noted by Deloitte, “Global supply chains can be planned with great precision. Work Across Departments in Your Company’s Supply Chain. Sharing information is an absolute necessity in today’s supply chain.

Optimal Sourcing 59

Optimal Sourcing Network Optimization Sourcing Strategies Resource Reduction 59

Talking Logistics

JANUARY 27, 2017

I was tempted to title today’s post “This Week in Trump News,” considering all of the actions he took this week that have supply chain and logistics implications. I also considered this title: “Another Week of Amazon News (plus Other Stuff That Happened in Logistics).”. Freight on digital fast track: DHL launches CILLOX.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Design Software Network Design Software Predictive Analytics Software 0

ShipBob

JANUARY 6, 2023

For your supply chain to function seamlessly, you need to keep tabs on it to make sure that every aspect is working as it should. TMS provides businesses with a clear view of how the supply chain is functioning and enabling them to manage it effectively. What is a transportation management system (TMS)?

Supply Chain Planning Software 52

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

Intelligent Audit

APRIL 25, 2022

Freight audit data has long been a critical pillar for shippers dealing with domestic and international parcel shipping. With major ports such as Shanghai locking down, ocean congestion is only likely to worsen, leading to higher freight charges and more issues with supply shortages. A Review of Common Freight Charges.

Freight 52

Freight Optimal Sourcing Predictive Analytics Expense Reduction 52

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. Infographic). But are there also commonalities?

Distribution 92

Distribution Logistics Network Optimization Software Logistics Sourcing Strategies 92

Intelligent Audit

JUNE 13, 2022

While the summer brings many personal opportunities, the travel and produce peak season presents its own logistics challenges. Stay in touch with the supply chain trends of this summer with the following updates. Record-High Trucking Employment Levels Reported in May. However, not everything is all fun and games.

Price Reduction 52

Price Reduction Supply Chain Strategy Supply Chain Software Supply Chain Optimization 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. It is easy to understand why strategy is often set aside to meet immediate needs of getting product shipped out the door.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

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. Margins are tight for shippers, especially in light of the current economic recovery and ongoing disruptions within many areas of the supply chain network.

Freight 52

Freight Expense Reduction Supply Chain Planning Software Cost Reduction Strategies 52

Zipline Logistics

DECEMBER 22, 2020

Providing your logistics partner with additional lead time can be critical in ensuring better rates and securing capacity in any market. 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.

Freight 52

Freight Cost Reduction Strategies Shipping Price Reduction 52

The Network Effect

DECEMBER 5, 2014

Prior to today’s advanced capabilities around Demand Driven Value Networks, the prevailing strategy was to implement Collaborative Planning, Forecasting, and Replenishment (CPFR). In fact some vendors have even published comparisons of the workflows in their systems to the structure of CPFR.

Supply and Demand 177

Supply and Demand Supply Chain Design Software Demand Planning Software Supply Chain Planning Software 177

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? You should utilize technology and larger-scale strategies to streamline the logistics process.

Optimal Sourcing 52

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

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

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

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

Zipline Logistics

MAY 11, 2021

Freight rates continue to remain elevated in year-over-year comparisons. Produce season is a yearly occurrence and, for its duration, it can widely affect capacity and freight rates. Produce season is a yearly occurrence and, for its duration, it can widely affect capacity and freight rates. So why is that the case?

Capacity 52

Capacity Freight Los Angeles United States 52

Supply Chain Game Changer

NOVEMBER 19, 2018

Check out Brand Protection – The Definitive Role of the Supply Chain! The Supply Chain function within your company has many responsibilities. Yet often the Supply Chain is undervalued. Why is Supply Chain often undervalued? Pressures for Cost Reduction in Supply Chain.

Negotiating Skills 84

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 84

CH Robinson Transportfolio

JUNE 26, 2019

So while cost and quality are often viewed as the most important priorities for a company’s supply chain, delivery speed is quickly gaining in prominence. And bringing air freight services into the spotlight. . Only the most flexible supply chains can succeed in such an environment. Air freight’s unique advantages.

Supply and Demand 34

Supply and Demand Expense Reduction Price Reduction Inventory Reduction 34

Intelligent Audit

SEPTEMBER 20, 2021

In the supply chain industry, the freight audit process can provide a competitive advantage for invoicing and cutting back costs. As reported by Supply & Demand Chain Executive , “As the shipping industry becomes more complex, so too does freight payment. What Is Freight Audit and Payment.

Analytics Software 52

Analytics Software Resource Reduction Cost Reduction Strategies Supply Chain Planning Software 52

CH Robinson Transportfolio

JUNE 26, 2019

So while cost and quality are often viewed as the most important priorities for a company’s supply chain, delivery speed is quickly gaining in prominence. And bringing air freight services into the spotlight. . Only the most flexible supply chains can succeed in such an environment. Air freight’s unique advantages.

Supply and Demand 35

Supply and Demand Expense Reduction Price Reduction Inventory Reduction 35

DELMIA Quintiq

NOVEMBER 30, 2015

But let’s recognize the planners for the boldness of the idea and figure out how to leverage this initiative for the benefit of modern supply chains. Would a multi-user logistics center qualify? Inevitably, capital improvements to the existing facilities will help, but they will not change the game for logistics planning.

Sri Lanka 120

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

Supply Chain Matters

SEPTEMBER 21, 2023

Supply Chain Matters provides perspectives and likely motivations on Amazon’s announced effort to hire an additional 250,000 workers to support upcoming 2023 holiday fulfillment needs. Likely, many of the additional 50 fulfillment centers are part of this strategy of localized fulfillment, hence added headcount needs.

Cost Reduction Strategies 59

Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction Logistics Network Optimization Software 59

Talking Logistics

OCTOBER 30, 2018

Like the couple who needs to get home to relieve their babysitter, shippers under pressure to maintain supply chain velocity are forced to pay the premium for expedited transportation. These days, truckload capacity is in exceptionally high demand, driving rates to ecstatic heights.

Optimization Software 101

Optimization Software Capacity Logistics Network Optimization Software Supply Chain Software 101

Talking Logistics

AUGUST 28, 2018

Next, researchers looked at freight attributes of shippers. Leader Group 1, which used more asset carriers than brokers, achieved an 82% rating; Leader Group 2 used more brokers than asset carriers and achieved 81% (for comparison, Laggards achieved 46%). Segment the supply chain. On time delivery (OTD).

Research 106

Research Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 106

Talking Logistics

JUNE 20, 2017

Your supply chain’s key performance indicators support tactical, day-to-day business decisions, so ensuring you are reading them correctly is imperative. If you only focus on the data in your own supply chain, you could be missing the bigger picture, and ultimately, misreading your KPIs.

Global 109

Global Scenario Planning Metrics Benchmarking 109

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. Let’s start with a basic question: what is financial visibility from a supply chain perspective? What data/information are we talking about?

Supply Chain Visibility 100

Supply Chain Visibility Negotiating Skills Optimal Sourcing Supply Chain Optimization 100

ToolsGroup

AUGUST 1, 2022

Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. As a retailer, you must plan a customer-centric returns strategy in order to build client trust and prevent negative reviews on social media, websites, and other channels where customers interact.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Intelligent Audit

AUGUST 11, 2021

Each year, FreightWaves’ FreightTech Awards honor the top 100 innovators and disruptors within the logistics space. Secure & Automated Freight Payment : Our exclusive API carrier payment processing integration with TriumphPay, a product of Triumph Bancorp, Inc. NASDAQ:TBK), delivers streamlined payment processing.

Analytics Software 52

Analytics Software Supply Chain Design Software Modeling Software Supply Chain Planning 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.

3PL 120

3PL Third Party Logistics Logistics Network Optimization Software Warehousing 120