GlobalTranz

JANUARY 30, 2015

As data in transportation becomes more abundant and readily available, the question of “ What data is available ?” 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. Business Advice Technology Transportation'

Transportation 120

Transportation Data Analytics Software Optimal Sourcing 120

Talking Logistics

JUNE 20, 2017

The question becomes, “how are you comparing your transportation metrics to what’s happening around you?” You need to explore the metric relationships to see the full story. Reviewing the metrics simultaneously helps identify potential cause-and-effect relationships.

Global 108

Global Scenario Planning Metrics Benchmarking 108

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

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

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 106

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

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. GRIs have historically been implemented on an annual basis.

Shipping 52

Shipping Expense Reduction Cost Reduction Strategies Resource Reduction 52

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

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. As transportation costs soar and assets remain underutilized, businesses may find themselves struggling to maintain operations, let alone drive growth.

Predictive Analytics Software 59

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

GlobalTranz

MARCH 24, 2015

Editor’s Note: This post is a slightly modified guest post from Ahern & Associates , a transportation management consultancy. Benchmarking as a Hard Rule within Transportation Cost Analysis Can Be Damaging. Outbound freight costs as percentage of net sales. Inbound freight costs as percentage of purchases.

Benchmarking 120

Benchmarking Purchasing Skills Analysis Cost Reduction Strategies 120

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 179

Cost Reduction Strategies Vendor Strategies Inventory Reduction Negotiating Skills 179

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 151

Data Negotiating Skills Vendor Strategies Resource Reduction 151

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 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. Establish and Maintain a Thorough Strategy and Internal Plan.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Freight Material Savings 52

Intelligent Audit

MAY 19, 2022

Anyone who has not been living in a cave for the past two years knows about the supply chain disruptions that continue to plague local and global shippers and transportation service providers. The state of freight payment is healthy and growing with an emphasis on global trends, better data utilization, and micro-logistics.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Optimal Sourcing Freight Expense Reduction 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 192

Sustainability Optimal Sourcing Logistics Material Savings 192

Logistics Bureau

SEPTEMBER 3, 2017

Why do some rival firms that battle with each other downstream in retail outlets manage to work well together upstream in their transport and warehousing? And by comparison and with apparently so much to gain, why do some logistics service providers and their clients fail to team up effectively? Compatible business cultures.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40

Logistics Bureau

SEPTEMBER 3, 2017

Why do some rival firms that battle with each other downstream in retail outlets manage to work well together upstream in their transport and warehousing ? And by comparison and with apparently so much to gain, why do some logistics service providers and their clients fail to team up effectively? Compatible business cultures.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40

Parade

JULY 15, 2019

It is no surprise that the average tenure of a CSR is very short— about 2 years in comparison to customer sales reps who have an average tenure of about 8 years. A typical carrier sales rep’s metrics are: 60 outbound calls per day and 10 loads booked each day (spot freight).

Industrial 106

Industrial Industry Logistics Network Optimization Software Tools 106

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

Parade

JULY 15, 2019

It is no surprise that the average tenure of a CSR is very short— about 2 years in comparison to customer sales reps who have an average tenure of about 8 years. A typical carrier sales rep’s metrics are: 60 outbound calls per day and 10 loads booked each day (spot freight).

Industrial 97

Industrial Industry Logistics Network Optimization Software Tools 97

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

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. appeared first on Transportation Management Company | Cerasis.

Analytics Software 172

Analytics Software Supply Chain Design Software Optimization Software Demand Planning Software 172

Parade

JULY 15, 2019

It is no surprise that the average tenure of a CSR is very short— about 2 years in comparison to customer sales reps who have an average tenure of about 8 years. A typical carrier sales rep’s metrics are: 60 outbound calls per day and 10 loads booked each day (spot freight).

Industrial 60

Industrial Industry Logistics Network Optimization Software Tools 60

Intelligent Audit

NOVEMBER 5, 2021

According to Transport Dive , “Morgan Stanley said in an Oct. 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.” Business intelligence can have a tremendous impact on an array of transportation processes and services.

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Inventory Reduction Material Savings 52

Intelligent Audit

OCTOBER 26, 2021

Unfortunately, SKU proliferation, the growing complexity of transportation service providers, the globalization of e-commerce, and increased delivery expectations make that goal more difficult to attain. Even challenges in a singular mode, such as ocean, can have a compounding effect on other modes, including OTR transportation.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Predictive Analytics Analytics 52