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 68

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 68

GlobalTranz

SEPTEMBER 12, 2018

To achieve lasting success, shippers need to understand how e-commerce shipping strategies are quintessential steps in this process. Brick-and-mortar locations that have not ventured into the realm of e-commerce will falter in comparison to companies that have already embraced e-commerce. GET YOUR COPY HERE. Download White Paper.

Resource Reduction 182

Resource Reduction Cost Reduction Strategies Price Reduction Supply Chain Strategy 182

Supply Chain Game Changer

JUNE 17, 2021

International shipping industry article and permission to publish here provided by Daniel Choi. Even during the epidemic, the shipping industry’s significance in the value chain and the transportation of resources and goods worldwide was emphasized, probably most prominently. The Shipping Industry During Pandemic.

Shipping 75

Shipping Industrial Industry Los Angeles 75

Zipline Logistics

DECEMBER 22, 2020

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. percent reporting LTL transit times had been extended by one or two days, and another 16.4 What Is Shipping Lead Time? Efficiency improvements.

Freight 52

Freight Cost Reduction Strategies Shipping Price 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

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Intelligent Audit

APRIL 13, 2021

One critical but often overlooked component of successful shipping and logistics management remains freight audit and payment processes. Following a few recommended best practices makes managing shipping costs easier. Create a Clear Strategy for Freight Audit and Payment. Automate Report Generation and Distribution.

Optimal Sourcing 59

Optimal Sourcing Vendor Strategies Supply Chain Planning Software Analytics Software 59

Logistics Viewpoints

JULY 19, 2023

The report provides a cross-industry perspective on environmental sustainability in logistics including fuel consumption, screening logistics providers, packing material, sales order delivery, and reverse logistics based on 1,157 valid participants. Below are the results from the cross-industry report for environmental sustainability.

Sustainability 193

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Supply Chain Shaman

JULY 15, 2021

containers are received rom China for every container shipped. Labor shortages abound for road freight. The Freight Rates for a 40 foot container from China to the west coast of the United States is quadruple the price of a year ago. Impact of Global Shipping on On-time Deliveries. The Baltic Index: Comparison In Price.

Supply Chain Design Software 367

Supply Chain Design Software Supply Chain Planning Software Price Reduction Forecasting Software 367

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

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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

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

APRIL 1, 2021

While traditionally these programs are called freight audits, it isn’t solely about LTL or FT. While each shipping mode presents more complexity for managing the freight audit , having a single validated source of truth across your supply chain opens up endless possibilities for shipment and cost optimization. Consider this.

Freight 52

Freight Supply Chain Planning Software Logistics Network Optimization Software Optimization Software 52

Zipline Logistics

JUNE 29, 2021

The freight market has been on the receiving end of several systemic shocks that continue to affect industry providers and shippers alike. And when you add in the current labor and commodity shortages along with an inflationary environment, it is apparent why freight rates have been steadily climbing. increase from the previous period.

Freight 91

Freight Trends Los Angeles Manufacturing Procurement 91

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

Supply Chain Game Changer

FEBRUARY 18, 2021

22 Tips for Offering Profitable Free Shipping! Shipping solution article and permission to publish here provided by Rashmi Sharma. When it comes to choosing a shipping solution, businesses need to be resourceful and smart. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Infographic). billion U.S.

Shipping 98

Shipping Supply Chain Software Logistics Network Optimization Software Retail 98

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. With the growing focus on and demand for two-day and even same-day shipping, consumers want fast and reliable shipping services, which always come at a price.

Freight 52

Freight Expense Reduction Supply Chain Planning Software Cost Reduction Strategies 52

Intelligent Audit

NOVEMBER 3, 2021

Large shipping companies that average at least $1 billion in annual revenue can report processing costs that come in 70 percent lower than smaller shippers in the market. The implications of reduced cost in just this one area of processing and freight payment management can have a significant impact on profits.

Logistics Network Optimization Software 52

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Logistics Viewpoints

JUNE 3, 2022

Shipping companies added capacity, but now containers are stuck in port. The Port of Oakland reported cargo in April dropped 7 percent compared to the same period a year ago due to factory and port shutdowns in China. During the peak of port congestion in 2021, as many as 30 ships were waiting to enter an Oakland berth.

Logistics Network Optimization Software 212

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Intelligent Audit

SEPTEMBER 30, 2021

In modern freight transportation services, GRI stands for General Rate Increase. The GRI shipping term refers to the usual increase in fees that are applied to container shipping rates. What GRI Stands for in Shipping. GRIs have historically been implemented on an annual basis. per package for large packages or $250.00

Shipping 52

Shipping Expense Reduction Cost Reduction Strategies Resource Reduction 52

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Organisations that have successfully implemented RPA initiatives report cost savings of up to 80% and time savings of up to a staggering 40%. Freight Management. Freight management is driven by time-critical, manual tasks. RPA bots can be further programmed to deliver on-demand reporting and tracking. Procurement.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

ToolsGroup

AUGUST 1, 2022

54% of buyers report that free returns or exchanges are the second biggest factor in determining if they will be returning shoppers. 83% of consumers with a household income of over $100,000 report that returns are important. Another NRF report showed that online sales comprised 23% of all retail sales in 2021.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

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

Intelligent Audit

OCTOBER 28, 2021

The increasing pressure of the market, the rising consumer demand, and dwindling supplier deliveries have brought into full view the need for adequate and functional shipping cost allocations. Here’s the reality of the situation and how it adds up to lower total landed shipping spend through management of shipping cost allocations.

Cost Reduction Strategies 52

Cost Reduction Strategies Purchasing Skills Supply Chain Planning Software Optimal Sourcing 52

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. 6 report that sentiment in the trucking industry ‘remains notably hot.’

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Inventory Reduction Material Savings 52

Elementum

OCTOBER 3, 2018

Today, trucking, shipping, air shipping, and other logistics services are all experiencing disruption: As consumer expectations evolve, businesses are constantly pressured to deliver high-quality goods in the shortest amount of time. But issues surrounding labor and rising fuel prices pose real threats to the freight industry.

Freight 68

Freight Company Sourcing Strategies Logistics Network Optimization Software 68

Logistics Viewpoints

AUGUST 12, 2022

In a recent report, IEA indicated that global battery and mineral supply chains need to expand ten-fold to meet projected critical minerals needs by 2030. The report concludes the industry needs to build 50 more lithium mines, 60 more nickel mines and 17 more cobalt mines by 2030 to meet global net carbon emissions goals.

Logistics Network Optimization Software 227

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Enterra Insights

JUNE 28, 2023

By 1956, the first container ship sailed from the port of New Jersey to Texas. The staff at Holiday Calendar reports, “This special day was established to recognize and honor the contributions of logistics professionals. That includes packaging, warehousing, shipping, and more. ”[3] In 2019, Logistics Plus Inc.,

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Logistics Supply Chain Design Software 130

Elementum

OCTOBER 3, 2018

Today, trucking, shipping, air shipping, and other logistics services are all experiencing disruption: As consumer expectations evolve, businesses are constantly pressured to deliver high-quality goods in the shortest amount of time. But issues surrounding labor and rising fuel prices pose real threats to the freight industry.

Freight 60

Freight Company Sourcing Strategies Logistics Network Optimization Software 60

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

Freightos

APRIL 16, 2015

We’ve rounded up the top 20 logistics technology innovations changing the way over $18 trillion dollars of goods are shipped annually. Faster service, great capacity usage and direct connectivity with freight companies means better access to service providers. Here we go: Technology Innovations in Logistics. ZDnet , @talk19 ].

Logistics Network Optimization Software 120

Logistics Network Optimization Software Supply Chain Software Optimization Software Supply Chain Network Software 120

Talking Logistics

JANUARY 27, 2017

In the meantime, here’s Trump, Amazon, and the rest of this week’s supply chain and logistics news that caught my attention: Amazon Expands Into Ocean Freight (WSJ – sub. Freight on digital fast track: DHL launches CILLOX. Brings Advanced Freight Collaboration Solutions to the Transportation Industry. in December.

Logistics Network Optimization Software 0

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

GlobalTranz

APRIL 30, 2018

An effective logistics management program takes all factors into account to make the best freight shipping decision. Full evaluation of shipper needs and carrier options and knowing the pros and cons of these modes enhance the potential savings in shipping selection. Parcel Hundredweight Programs May Have Lower Minimum Changes.

Negotiating Skills 153

Negotiating Skills Freight Purchasing Skills Shipping 153

Enterra Insights

SEPTEMBER 20, 2019

Adele Peters ( @adele_peters ) reports another indoor farming company called Plenty is using robot farm workers to “help it optimize growing conditions to make the most delicious produce.”[6] Each container — the kind commonly seen on trains, trucks or ships — costs $85,000, not including shipping.

Supply Chain Planning Software 160

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Optimization Software 160

CH Robinson Transportfolio

JUNE 26, 2019

And bringing air freight services into the spotlight. . Because consumers use technology to do on-the-spot price comparisons, they can order from any company in the world that has their desired product. That’s where air freight and third party logistics providers (3PLs)—like C.H. The state of today’s air freight market.

Supply and Demand 34

Supply and Demand Expense Reduction Price Reduction Inventory Reduction 34

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

Logistics Viewpoints

FEBRUARY 25, 2022

The potential supply chain impacts of this conflict dwarf any other supply chain news that might be reported. Carriers, freight forwarders, and shippers that were dealing with the China to North America trade lanes were already operating in crisis mode. This week’s news will all center on this war. Russia Attacks Ukraine. billion.

Price Reduction 207

Price Reduction Ukraine Russia Logistics Network Optimization Software 207

CH Robinson Transportfolio

JUNE 26, 2019

And bringing air freight services into the spotlight. . Because consumers use technology to do on-the-spot price comparisons, they can order from any company in the world that has their desired product. That’s where air freight and third party logistics providers (3PLs)—like C.H. The state of today’s air freight market.

Supply and Demand 35

Supply and Demand Expense Reduction Price Reduction Inventory Reduction 35