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

GlobalTranz

MAY 12, 2016

Furthermore, some data may be of minimal use without comparison to and identification of trends and collaborations between data from other transactions within a given warehouse or transportation system. However, most of today’s data goes unused and represents a lost opportunity to the company.

Metrics 120

Metrics Logistics Network Optimization Software Supply Chain Optimization Supply Chain Strategy 120

GlobalTranz

FEBRUARY 1, 2019

The Move to LTL Digital Shipping. How New LTL Technologies & Processes are Changing the Shipping Game. Today, warehouses can utilize robots in all aspects of fulfillment processing , including both inbound and outbound freight management. Reduced shipping and handling costs. Download WhitePaper. What’s Next?

Material Savings 234

Material Savings Supply Chain Software Warehousing Demand Planning Software 234

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.

Shipping 52

Shipping Expense Reduction Cost Reduction Strategies Resource Reduction 52

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

This article explores 10 possible areas in which can help at each stage of the flow in Supply Chain Management. RPA can automate the uploading of reporting and contract data for transactions from contracts into Transportation Management Systems (TMS) or Enterprise Resource Planning (ERP) systems with greater speed and accuracy.

Supply Chain Software 246

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

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. As a strategic process, transportation procurement may still seem very tedious and challenging. Disaggregate freight spend data.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

Freight Center

OCTOBER 17, 2019

Shipping the Treats. Confectionary companies shift into overdrive creating and shipping their savory treats from A to B. Products like candy need specialty shipping; temperature-controlled trailers and carriers who can service the right lanes for the best rates. Ship alone if you dare. Avoiding the Tricks.

Shipping 47

Shipping Supply Chain Planning Software Forecasting Software Forecasting 47

E2open

NOVEMBER 15, 2022

(NYSE: ETWO), the connected supply chain SaaS platform with the largest multi-enterprise network, announces that it has expanded its partnership with Surge Transportation, a digital freight brokerage providing real-time pricing and routing guide optimization for companies that ship goods over the road.

Supply Chain Network Software 78

Supply Chain Network Software Optimization Software Logistics Network Optimization Software Optimal Sourcing 78

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. e-Book] The Ultimate Guide to Manufacturing, Supply Chain, Logistics, Transportation, & Freight Metrics & KPIs.

Logistics Network Optimization Software 132

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

GlobalTranz

JULY 28, 2015

The transportation mode LTL, or Less Than Truckload, has grown to become the predominant, preferred means of freight transportation across the US. Recently, John Larkin of Stifel’s Transportation & Logistics Equity Research provided an in-depth analysis of the future of the LTL sector to Supply Chain Digest.

Purchasing Skills 120

Purchasing Skills Negotiating Skills Manufacturing Procurement Cost Reduction Strategies 120

Talking Logistics

OCTOBER 30, 2018

In 2018, tender reject rates have reached as high as 25% in late July, and although they’ve fallen to nearly 14% more recently, that’s still a significant volume of freight moved via the spot market. Unsurprisingly, carriers are feasting on their advantage in this atmosphere. Consider the potential savings.

Optimization Software 101

Optimization Software Capacity Logistics Network Optimization Software Supply Chain Software 101

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

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

APRIL 10, 2017

In addition, managing vendors and inbound logistics can feel like a lot of work for little gain, yet the possible savings by implementing an inbound logistics program can add up through these key ways. Reducing Costs in Shipping with a Focus on Inbound Logistics Strategy. Lowest-Rate Carrier Selection Reduces Your Costs.

Cost Reduction Strategies 179

Cost Reduction Strategies Vendor Strategies Inventory Reduction Negotiating Skills 179

GlobalTranz

SEPTEMBER 16, 2016

Third party logistics (3PL) is the function by where the owner of goods outsources numerous components of the supply chain to a 3PL company that can perform the management function of the clients’ customs, inbound freight, distribution, warehousing, order fulfilment and outbound freight to the client’s customers.

3PL 120

3PL Third Party Logistics Logistics Network Optimization Software Warehousing 120

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. Fraud detection is another key aspect.

Supply Chain Visibility 100

Supply Chain Visibility Negotiating Skills Optimal Sourcing Supply Chain Optimization 100

Freight Plus

NOVEMBER 5, 2018

"Am I paying too much for my inbound freight?" - John C. While most companies keep a tight handle on their outbound freight as well as their commercial invoice costs, inbound freight is often overlooked. Your freight spend begins with your suppliers and vendors but it doesn't end there. Granby, CT. Clean data capture.

Negotiating Skills 40

Negotiating Skills Purchasing Skills Negotiate Pricing Cost Reduction Strategies 40

GlobalTranz

MARCH 20, 2015

Are you looking forward to becoming a master of logistics, handling freight management with increased efficiency? Freight Management will be a far easier task when you know how it all fits in the grand scheme of things. Using Transportation Management System/Software. Using smart phones to your advantage.

Guidelines 120

Guidelines Freight Sustainability Logistics Network Optimization Software 120

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

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

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. According to Transport Dive , “Morgan Stanley said in an Oct.

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Inventory Reduction Material Savings 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

GlobalTranz

MARCH 24, 2015

Editor’s Note: This post is a slightly modified guest post from Ahern & Associates , a transportation management consultancy. A popular, and possibly overly-stressed, component of profit management is benchmarking. Outbound freight costs as percentage of net sales. On-time pickups. Regan asked.

Benchmarking 120

Benchmarking Purchasing Skills Analysis Cost Reduction Strategies 120

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. Programs Have Less Competition for Shippers.

Negotiating Skills 153

Negotiating Skills Freight Purchasing Skills Shipping 153

Intelligent Audit

APRIL 6, 2022

Over time, the unexpected ramp-up in uncertainty across all factors caused high fuel costs impacting transportation in every form and causing parcel carrier fuel surcharges. What Else Can Shippers Do to Attract More Customers and Avoid Excess Shipping Costs? Normalize data to enable apples-to-apples comparisons.

Optimal Sourcing 52

Optimal Sourcing Puerto Rico Sourcing Strategies Price Reduction 52

GlobalTranz

APRIL 23, 2018

Assume you have a relatively low average of overbilling instances in your shipping invoices , 1 percent. If your company’s freight spend is $1 million, that 1 percent amounts to lost opportunities of $10,000. The opportunities for savings in parcel freight management are clear and add up much faster than shippers may realize.

Analytics Software 137

Analytics Software Demand Planning Software Modeling Software System 137

Cathy Roberson

JUNE 6, 2022

Bill Catania, Founder, and CEO describes the company as a “delivery operating system” – not quite a transportation management system (TMS) but similar with some overlaps. Catch my weekly column on air cargo, freight forwarding, and the express markets, as well as a monthly podcast on Air Cargo World.

Supply Chain Network Software 52

Supply Chain Network Software Modeling Software Optimization Software Logistics Network Optimization Software 52

GlobalTranz

MAY 18, 2021

There are many terms in logistics to consider, such as last mile logistics and last mile delivery , but they end up sounding confusing because all freight has a last mile portion. Transportation Terminology Glossary of Terms. Dedicated Fleet : A group of trucks that a shipper uses solely for moving all freight.

Logistics Network Optimization Software 156

Logistics Network Optimization Software Transportation Demand Planning Software Rail Software 156

GlobalTranz

MARCH 2, 2018

Transportation management will evolve dramatically in 2018. In addition, the continued rise of freight trucking rates, as explained by James Jaillet of Overdrive Online , will demand newer, faster and more efficient transportation management systems (TMS). Download White Paper.

Transportation Management 182

Transportation Management Trends Supply Chain Planning Software Transportation 182

Talking Logistics

MARCH 3, 2017

Freightos unveils beta launch of international freight price index (American Shipper). DHL trials city hub trailer for bike delivery (Logistics Manager). 2016 North American Freight Numbers. Celect uses comparisons between products derived from transactional, inventory, and online browse data to model choice.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Planning Software Predictive Analytics Software Eliminating Excel in Purchasing 0

GlobalTranz

MAY 26, 2015

This sounds like a comparison to warring civilizations; however, this concept remains applicable to the manufacturing industry of modernity. Consider the shipping industry. A business must purchase the supplies for shipping, track the package, and deal with consumer complaints about shipping processes or problems.

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Negotiating Skills Purchasing Skills 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