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. It was also evident that many folks wanted more information around KPIs and Metrics, as our top 5 included two posts from this sub-category.

Logistics Network Optimization Software 132

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

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

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

GlobalTranz

APRIL 10, 2017

Reducing Costs in Shipping with a Focus on Inbound Logistics Strategy. While some vendors might disagree with plans to implement and inbound shipping strategy to reduce your costs, remember that you must look out for your company first. Metrics and Auditing Prevent Overbilling and Overpayment to Vendors for Shipping Costs.

Cost Reduction Strategies 179

Cost Reduction Strategies Vendor Strategies Inventory Reduction Negotiating Skills 179

Talking Logistics

FEBRUARY 18, 2015

Financial data and visibility into the costs associated with shipping are critical to improving corporate financial performance. Total cost management is just one part of supply chain visibility, but a very important part based on the financial impact that shipping has on the organization. There’s also process improvement.

Supply Chain Visibility 100

Supply Chain Visibility Negotiating Skills Optimal Sourcing Supply Chain Optimization 100

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 84

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 84

GlobalTranz

JULY 14, 2017

How do shippers know if their carrier selection process for less-than-truckload (LTL) shipping is working? 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.

Data 151

Data Negotiating Skills Vendor Strategies Resource Reduction 151

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

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.

Predictive Analytics Software 59

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

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

Freight Manufacturing Procurement Logistics Network Optimization Software Los Angeles 52

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

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

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. Alternatively, innovative thinking can help.

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. Alternatively, innovative thinking can help.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40

Intelligent Audit

NOVEMBER 5, 2021

In recent years, shipping GRIs among carriers tend to be around 3% to 5% each year. This average shipping rate increase index is a reflection of how carriers look to balance demand with capacity, but it’s not always the same. Fifteen actionable steps that mitigate higher shipping rates’ impact.

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Inventory Reduction Material Savings 52

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 193

Sustainability Optimal Sourcing Logistics Material Savings 193

GlobalTranz

MARCH 24, 2015

Although it is certainly important for carriers and shippers to review industry averages in comparison with their own costs and profits, many may use these averages – or benchmarks – without proper conjunctive analysis and without fully understanding their costs and profits. Outbound freight costs as percentage of net sales.

Benchmarking 120

Benchmarking Purchasing Skills Analysis Cost Reduction Strategies 120

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

OCTOBER 26, 2021

Finding ways to keep costs in check often comes down to understanding the various shipping surcharges and how shippers can best avoid them through stronger shipping audits. A Single Source of Truth for Shipping Surcharges Management. Instability is among the singular constants affecting supply chain management. supply chains.”

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Predictive Analytics Analytics 52

Unleashed

SEPTEMBER 30, 2020

By comparison, the US market is worth almost 10 times more yet only has a 2.7% In a global comparison, the UK has 3 breweries for every 100,000 people, Australia 2 per capita and the United States 1.96. You can also use these metrics to benchmark against similar taprooms in your neighbourhood. profit margin. profit margin.

Price Reduction 104

Price Reduction Inventory Reduction Cost Reduction Strategies Expense Reduction 104