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

Zipline Logistics

JANUARY 4, 2021

It was a tale of two freight markets during the past year due to the global pandemic that reshuffled consumption and commerce. We saw historic freight lows in the winter and early spring, followed by landmark highs in the summer and the remainder of the year. Buying Trends Could Shape 2021 Freight Outlook. Housing Market Boom .

Freight 52

Freight Purchasing Skills Logistics Network Optimization Software Trends 52

Enterra Insights

JUNE 28, 2023

By 1956, the first container ship sailed from the port of New Jersey to Texas. That includes packaging, warehousing, shipping, and more. But if you are a part of a small company, by comparison, then you know that most people are doing many different tasks and doing whatever is required to get the job done. Keep up the good work.

Logistics Network Optimization Software 130

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

Zipline Logistics

AUGUST 14, 2020

Despite a pandemic that has disrupted many parts of the global supply chain, the freight market has been on a recent tear. Current outbound tender volume is up 34 percent over 2019 and 38 percent over 2018 in year-over-year comparisons. What’s Causing Upward Freight Market Trends? What Is Next for the Freight Market? .

Freight 52

Freight Manufacturing Procurement North America Scenario Planning 52

ToolsGroup

AUGUST 1, 2022

Reports indicate that returns are higher when products are sold online, with an average return rate of 30% for ecommerce purchases, in comparison with 10% for brick-and-mortar sales. According to a study by Narvar , 75% of consumers have been given a refund without needing to ship back the product. Image source: Shipping Easy.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Logistics Viewpoints

AUGUST 12, 2022

In all, the acquisition will add more than 350 temperature-controlled vehicles and four million square feet to the UPS Healthcare global footprint, offering customers access to faster shipping times, greater production flexibility, and offerings to help them attract new business. For comparison, they spent $3.4

Logistics Network Optimization Software 227

Logistics Network Optimization Software Modeling Logistics San Antonio 227

20Cube Logistics

FEBRUARY 11, 2022

Additionally, when the ports are facing capacity crunch or the tariffs of ocean freight and container skyrockets, it iis airfreight that comes as the savior. With the current business scenario changing at a rapid pace, the freight forwarding industry is shifting its focus towards airfreight. Capacity Crunch of Ocean Freight.

Agile and Lean Supply Chain 74

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

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

Proxima

AUGUST 25, 2022

The city’s port lost around 45 percent of its trucking capacity this spring as the city ground to a halt, resulting in around 80 percent of vessels being delayed, in comparison to 20 percent two years previously. The threat of sudden lockdowns continues to loom over procurement teams.

Policies 91

Policies Global Manufacturing Procurement Supply Chain Software 91

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2022

Such real-time data and visibility functions allow for supplier comparisons as well as overall emission source contributor identifications, which can be focused on for improvement. In one case the fuel and emissions per kilogram shipped was actually halved for a customer! It can be done via EDI, API or via a web portal.

Optimal Sourcing 246

Optimal Sourcing Optimization Software Real-time Visibility Logistics Network Optimization Software 246

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? Carriers can significantly impact shipping costs , customer experience, shipment options, and other factors.

Optimal Sourcing 52

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

Enterra Insights

SEPTEMBER 20, 2019

” Another company in this agriculture space is Freight Farm, which provides farmers the ability to grow vegetables in converted freight shipping containers equipped with the latest hydroponics and automated systems equipment. Freight Farms calculates annual profit for each container to be an average of $39,000 annually.”

Supply Chain Planning Software 160

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

EC Sourcing Group

MARCH 12, 2023

Identify your data sources that can help identify supplier performance. Some of the most common invoice errors include charging the wrong item price or for the wrong quantity, or charging freight which is not contractually allowed. Update the data frequently because interactions and transactions with the supplier change often.

Procurement Analytics 52

Procurement Analytics Purchasing Skills Procurement Solutions Supply Chain Planning Software 52

Intelligent Audit

AUGUST 24, 2022

Logistics anomalies can create problems in the shipping process, contributing to issues that affect the business and customers. In addition, we present seven use cases of machine learning detecting anomalies in shipping activity or spend. Anomaly Detection in Freight & Shipping Data. Excess Shipping Fees.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Negotiating Skills Supply Chain Planning Software 52

Intelligent Audit

MAY 6, 2021

technologies are creating new opportunities to digitalize the value chain and create sources of insight and opportunities to optimize networks in real-time.” 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.

Optimal Sourcing 59

Optimal Sourcing Network Optimization Sourcing Strategies Resource Reduction 59

Freightos

NOVEMBER 10, 2020

Of course, COVID-19 has accelerated this trend, with more consumers working from home and ordering online, while it’s also become easier for sellers to source on Alibaba, import, and then sell on Shopify or Amazon.com. In other words, while demand and sourcing was able to keep up, last-mile distribution became a key bottleneck for SMBs.

Los Angeles 156

Los Angeles China Cargo Warehousing 156

Talking Logistics

JULY 29, 2016

Freightos Launches First International Freight Marketplace to Power $2 Trillion Worth of U.S. In other technology news, Freightos announced “the launch of the world’s first online marketplace for international freight, providing instant comparison, booking, and management of freight services from multiple logistics providers.”

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Planning Software Optimization Software Demand Planning Software 0

GlobalTranz

NOVEMBER 25, 2015

As we see this year, there are more cars on the road (meaning carriers want that attractive freight), and we are also seeing tight capacity. Don't let the bird not be the star of the show, make sure your freight is ready to go! That’s not just good news for consumers; capacity is opening up for freight carriers.

Turkey 120

Turkey Comparison Logistics Network Optimization Software Price Reduction 120

Intelligent Audit

SEPTEMBER 16, 2021

Freight invoice auditing and payment processing form a major revenue opportunity for shippers looking to cut costs. However, in-house versus outsourced freight audit and payment can have a significant effect on ROI. ” Still, it can be hard to understand what a freight audit entails and how it adds value.

Freight 52

Freight Analytics Software Cost Reduction Strategies Price Reduction 52

ThroughPut

FEBRUARY 23, 2024

Leveraging AI for demand forecasting means: You can analyze any amount of historical data and current trends from external sources to predict future demands more accurately. Embracing AI for supplier management within the supply chain translates to: Optimizing your sourcing decisions through critical data insights. The solution?

Predictive Analytics Software 59

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

AFFLINK

JUNE 14, 2016

Start at the sourcing phase, move into the assembly line, observe the transaction period between the customer and your company, and end at the customer’s final experience with your brand. Source Energy Use is one of the most holistic measurements available. Ask yourself: Where was there unnecessary waste? Energy Use. Load Density.

Waste Reduction 48

Waste Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 48

Zipline Logistics

JANUARY 28, 2020

Produce season transportation can have an impact on your freight, even if you do not ship grains, fruits, or vegetables. Peak produce shipping season refers to the time period when the largest volume of fruits and vegetables are harvested and subsequently shipped to markets across the US, impacting truck capacity.

Transportation 52

Transportation Rhode Island New Hampshire North Carolina 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 Viewpoints

JULY 19, 2023

One area of concern for the long-term health of the world is the use of packaging in both the manufacturing and shipping of products. For respondents at the median, 80 percent of total annual packing material consumed comes from recycled or re-used materials and 60 percent comes from renewable sources.

Sustainability 193

Sustainability Optimal Sourcing Logistics Material Savings 193

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

Talking Logistics

JULY 17, 2018

Below is a comparison of 2017 vs. 2018 parameters for oversize shipments: Source: enVista. minimum term in their agreement (which is nearly EVERYONE who ships FedEx). Have lightweight/low density freight (e.g., Ship to residences (where LTL isn’t generally an option). What Has Changed? Have no waiver for the 90-lb.

Pricing Training 121

Pricing Training Negotiating Skills Purchasing Training Optimal Sourcing 121

Intelligent Audit

NOVEMBER 30, 2021

The state of ocean freight continues to evolve in the wake of peak season, approaching holiday shipping deadlines , and ongoing disruptions. But imagine this reality: With ocean freight costs setting records, those same errors are now setting records. Why Invoicing Errors Are More Likely in Ocean Shipping.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Shipping Container Tracking 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 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

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

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.

Freight 52

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

Turvo

FEBRUARY 9, 2021

This is where freight data recording and analysis can help with the supply chain’s internal adding value. . The Costs of Not Using Freight Data in Managing Logistics. All of this means shipping providers must take on more financial responsibilities. Freight Data Increases Market Share. Get data in real-time.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Freight Negotiating Skills Data 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. Fifteen actionable steps that mitigate higher shipping rates’ impact.

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Inventory Reduction Material Savings 52

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. Communicate in Real-Time With Network Partners.

Optimal Sourcing 59

Optimal Sourcing Vendor Strategies Supply Chain Planning Software Analytics Software 59

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

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 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.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Predictive Analytics Analytics 52