Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. So how can you be sure you’re getting the best freight rates possible?

Benchmarking 96

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 96

GlobalTranz

MARCH 30, 2018

Implementing new technology is a complicated process, but it can be simplified as follows: Integrate systems that control both inbound and outbound freight. The most sophisticated of existing systems kneel in comparison to some of the modern, SaaS-based, platforms. Focus on visibility.

Analytics Software 233

Analytics Software Supply Chain Design Software Optimization Software Demand Planning Software 233

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

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Descartes

JUNE 4, 2025

Accordingly, these expenses are excluded from Adjusted EBITDA, which we reference to both measure our operations and as a basis of comparison of our operations from period-to-period.

Expense Reduction 195

Expense Reduction Material Savings Cost Reduction Strategies Price Reduction 195

Freight Waves

JUNE 11, 2025

Some of Schneider’s customers are expecting “a tsunami” of freight while others are calling for steady shipment flows. Hunt saw 13% volume growth in the East, which has a shorter length of haul and negatively impacted the yield metric, during the period. Spot rates remain slightly higher on a y/y comparison. And China is likely.

Price Reduction 85

Price Reduction Kansas City Expense Reduction Cost Reduction Strategies 85

Freightos

APRIL 23, 2025

billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions. billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions.

Optimal Sourcing 156

Optimal Sourcing Benchmarking Manufacturing Procurement Procurement 156

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 Procurement Material Savings 100

Logistics Viewpoints

JULY 19, 2023

In the survey, APQC used a series of performance metrics, including net promoter score, customer retention rate, perfect order performance, and on-time delivery among others, to identify the top performing companies. Load consolidation means less trucks on the road to deliver the same freight, which is important as far as carbon emissions.

Sustainability 246

Sustainability Optimal Sourcing Logistics Material Savings 246

Talking Logistics

AUGUST 28, 2018

They multiplied three commonly-used metrics for measuring truckload performance to identify the Leaders: First tender acceptance (FTA). Next, researchers looked at freight attributes of shippers. Laggards tend to use low-performing suppliers, and many of them use asset carriers across all freight attribute types.

Research 157

Research Supply Chain Design Software Supply Chain Planning Software Demand Planning Software 157

Freightos

JUNE 9, 2018

JOIN OVER 1,000 TOP FORWARDERS AND CARRIERS AUTOMATING AIR FREIGHT. DISCOVER AIR FREIGHT SOLUTIONS. Get Air Freight Standardized. Get Air Freight Dynamic. Get Air Freight Connected. Get Air Freight Customer Facing. To date, the industry has a poor track record of creating usable standards. That can’t last.

Cargo 120

Cargo Negotiating Skills Demand Planning Software Supply Chain Software 120

Logistics Bureau

JANUARY 30, 2025

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your ocean freight prices. So how can you be sure you’re getting the best freight rates possible?

Benchmarking 40

Benchmarking Negotiating Skills Freight Rail Software 40

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. Standardize Shipping Cost Audits for Apples-to-Apples Comparisons.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Freight Material Savings 52

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. The methods of evaluating metrics or developing KPIs vary significantly from company to company. How is the data provided?

Transportation 120

Transportation Data Analytics Software Optimal Sourcing 120

Talking Logistics

FEBRUARY 18, 2015

If you think about it in terms of Total Cost Management/Spend Management, when you start to talk about things like contract negotiation, having better insight into your spend, and understanding the metrics around it, all of which obviously provides valuable insights and helps you with those negotiations. There’s also process improvement.

Supply Chain Visibility 100

Supply Chain Visibility Negotiating Skills Optimal Sourcing Supply Chain Optimization 100

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

Logistics Network Optimization Software Optimal Sourcing Freight Expense Reduction 52

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 Vendor Strategies 52

Jaggaer

MAY 8, 2025

Or they could be economic related, such as the number of bankruptcies among freight companies (due to overcapacity, falling rates, labor shortages etc.) These considerations mean that the procurement function can never be fully replaced by technology, even with the rise of the intelligent agent with TCO comparisons built into the product.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 52

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. Promoting Supply Chain Value.

Negotiating Skills 95

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 95

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

Intelligent Audit

MAY 2, 2022

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. One of the essential features of freight analytics is how it impacts forecasting services. They are forecast to grow 2.5% to 3% throughout the year.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Analytics Software Predictive Analytics 52

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. Track the Right Performance Metrics. The next key to transportation network optimization rests with performance metrics. Download the White Paper.

Optimal Sourcing 59

Optimal Sourcing Network Optimization Sourcing Strategies Resource Reduction 59

ShipBob

JUNE 9, 2025

Standardizing responses for easy comparison Not all 3PLs are created equal – and while most offer the same core capabilities of storage , picking , packing, and shipping, you’ll want to consider all of a partner’s service offerings before making your decision. Brands like Our Place have been able to save $1.5

3PL 52

3PL Negotiating Skills Logistics Network Optimization Software Inventory Reduction 52

Freight Waves

JUNE 4, 2025

Less-than-truckload carrier Old Dominion Freight Line saw “continued softness” in May as revenue per day fell 5.8% The monthly tonnage declines continue to moderate on a two-year-stacked comparison. Source: Company updates A prolonged freight downturn and a sagging industrial sector have weighed on LTL demand. year over year.

Procurement Analytics 97

Procurement Analytics Purchasing Skills Manufacturing Procurement Forecasting 97

Precoro

MARCH 27, 2025

Reduce freight and logistics costs. Define a Baseline for Comparison Procurement cost reduction makes sense only when there’s a clear benchmark to compare. Total Spend Reduction This metric reflects the overall decrease in procurement expenses over a specific period.

Cost Reduction Strategies 45

Cost Reduction Strategies Price Reduction Expense Reduction Vendor Strategies 45

Freight Waves

JUNE 9, 2025

ArcBest has seen metrics flip through the first two months of the second quarter with tonnage returning to growth as yields lag. Manufacturing activity, which generates nearly two-thirds of the LTL industry’s freight, slumped in May. On a two-year-stacked comparison, ArcBest’s tonnage was off 16% in May following a 17.9%

Purchasing Skills 97

Purchasing Skills Manufacturing Procurement Procurement Analytics Freight 97

EC Sourcing Group

MARCH 12, 2023

A supplier scorecard is the result of supplier analysis based on a set of key performance indicators and metrics. Steps for building a supplier scorecard: Focus on the purpose of the scorecard by recognizing and determining the right measures and metrics, or, your KPI’s.

Procurement Analytics 52

Procurement Analytics Purchasing Skills Procurement Solutions Supply Chain Planning Software 52

GlobalTranz

APRIL 10, 2017

Metrics and Auditing Prevent Overbilling and Overpayment to Vendors for Shipping Costs. Through modern technology, the inbound logistics strategy can be executed easier than believed, and real-time order tracking and metrics prevent overbilling and overpayment. Freight Consolidation Enables Better Rates Through Volume Discounts.

Cost Reduction Strategies 243

Cost Reduction Strategies Vendor Strategies Inventory Reduction Negotiating Skills 243

Freight Waves

JUNE 5, 2025

In the months that followed the acquisitions, Saia’s volume growth significantly outpaced the rest of the industry even with a freight recession as the backdrop. On a two-year-stacked comparison, Saia’s tonnage was up 9.4% Manufacturing activity, which generates nearly two-thirds of the LTL industry’s freight, slumped again in May.

Procurement Analytics 95

Procurement Analytics Manufacturing Procurement Delaware Purchasing Skills 95

ShipBob

JANUARY 6, 2023

You’ll also get a quick comparison of the top providers to make your search easier. Report on important performance metrics. Transportation management systems also enable you to automate your freight tendering process. You can use it to quickly generate bills of landing, conduct freight auditing, and create invoices.

Supply Chain Planning Software 52

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

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. The best-laid plans and metrics to track LTL shipping are only effective when a high on-time performance score exists. Freight Damage.

Data 197

Data Negotiating Skills Vendor Strategies Resource Reduction 197

AFFLINK

JUNE 14, 2016

Even more challenging is establishing goals and metrics for this ever-moving target. Once you know your energy usage rates, you can start making comparisons, and find ways that you’re losing money or energy. Less-than-truckload ( LTL ) freight classification is a shipment based on the density of the products shipped.

Waste Reduction 48

Waste Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 48

Intelligent Audit

OCTOBER 26, 2021

Additionally, the normalization of data ensures actual, meaningful comparisons between reporting across platforms relying on different standards for coding and reporting of all shipping surcharges and associated expenses. Leading KPIs to Track Performance Across All Modes, Channels, and Providers.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Predictive Analytics Analytics 52

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.” Within the United States, freight transportation price increases get reported 30 days prior to going into effect. Track Cross-Industry Metrics.

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Inventory Reduction Material Savings 52

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

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. Business Priorities and Innovative Thinking.

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? Two freight forwarders might work together to achieve better geographical coverage by combing their two fleets and driver work-forces. Business Priorities and Innovative Thinking.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40

ThroughPut

FEBRUARY 23, 2024

Your sourcing department can save valuable time because AI tools analyze suppliers with the aid of relevant data points and metrics and match them with the contract opportunities available. Optimize delivery routes, improve freight operations, and propose the best shipping methods to you. All of this at the best price.

Predictive Analytics Software 59

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