20Cube Logistics

FEBRUARY 11, 2022

Air travel is not only convenient for traveling a long distance in a short span of time, but it is also the one-stop solution in the supply chain industry for the swiftness in operations it offers. With the current business scenario changing at a rapid pace, the freight forwarding industry is shifting its focus towards airfreight.

Agile and Lean Supply Chain 74

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

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. And the effect of inaccurate demand forecasting is felt across the supply chain.

Predictive Analytics Software 59

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

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.

Trends 91

Trends Freight Los Angeles Manufacturing Procurement 91

The Logistics & Supply Chain Management Society

APRIL 19, 2023

– How Logistics is Harnessing the Power of the Sun by Timothy Foote , Founder of Susymbio We all know that our sun’s power is the main energy source for life on Earth. It is not going to be a major source of reduction, but it pays for itself operationally over time regardless.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Expense Reduction Supply Chain Software Logistics 130

Elementum

AUGUST 9, 2022

Take a more proactive approach to supply chain management with Design for Supply Chain. Design for Supply Chain (DfSC), represents the next rung up in process-management ambition, with an emphasis on production and distribution reliability. iOS and Android, in my familiar schema, come next.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Design Supply Chain Optimization Optimal Sourcing 78

Logistics Viewpoints

MARCH 3, 2021

GlobalTranz’s main service lines are freight brokerage – less-than-truckload and truckload – and managed transportation services. Robinson’s last quarter earnings in North American Surface Transportation, up 10.8% – which many companies would be delighted with – seem paltry in comparison. Robinson and Echo Global Logistics.

Logistics Network Optimization Software 245

Logistics Network Optimization Software Negotiating Skills Negotiate Pricing Report 245

MIT Supply Chain

AUGUST 17, 2021

Part 2: Lessons from Comparing Disruptions In the previous post in this two-part series, The 7 Core Capacities of Supply Chain Resilience , we identified the core capacities that are the building blocks of supply chain resilience. A side-by-side matrix Our analysis is captured in the comparison matrix below.

Capacity 52

Capacity Supply Chain Design Software Supply Chain Design Supply Chain 52

Enterra Insights

JUNE 28, 2023

The third-party logistics (3PL) industry — those that help businesses efficiently manage logistics across their supply chains (from 3PLs to truckers to warehouse managers) — represents an $800 billion industry on its own.” ” You don’t have to convince supply chain professionals of the importance of logistics.

Logistics Network Optimization Software 130

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

Talking Logistics

JUNE 30, 2015

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. Going forward, it is vital that shippers analyze their freight spend and if required renegotiate their rates regularly to remain competitive.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

Intelligent Audit

SEPTEMBER 15, 2021

Discovering billing mistakes through leveraged data from freight audits helps shippers identify cost-cutting opportunities through accurate invoicing and payment processing. Freight audit savings might arise from recouping costs due to overbilling, service guarantee failures, or simply using the wrong carrier for each load.

Waste Reduction 52

Waste Reduction Cost Reduction Strategies Analytics Software Resource Reduction 52

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2022

Raw materials, parts and services are currently all running through supply chains and manufacturing processes and emitting GHGs. IT solutions for supply chains need to bring that micro level information on waste (including GHG emissions) into the hands of managers. Important here is the inclusion of carbon emissions data.

Optimal Sourcing 246

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

Supply Chain Shaman

NOVEMBER 21, 2018

In the 1990s supply chain planning was over-hyped. The growth of the supply chain planning technology market disappointed investors resulting in consolidation and the decline of best-of-breed solutions. Why Is Supply Chain Planning Important? As a result, we introduced black holes into the supply chain.

Supply Chain Planning Software 195

Supply Chain Planning Software Forecasting Software Supply Chain Planning Demand Planning Software 195

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?

Freight 52

Freight Manufacturing Procurement North America Scenario Planning 52

Elementum

OCTOBER 3, 2018

Transportation is one of the world's largest industries and deeply influences how efficiently global supply chains are able to run. But issues surrounding labor and rising fuel prices pose real threats to the freight industry. For comparison, in 2016, diesel fuel prices were just US $2.14 Globally, they stood at $4.8

Freight 68

Freight Company Sourcing Strategies Logistics Network Optimization Software 68

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

Elementum

OCTOBER 3, 2018

Transportation is one of the world's largest industries and deeply influences how efficiently global supply chains are able to run. But issues surrounding labor and rising fuel prices pose real threats to the freight industry. For comparison, in 2016, diesel fuel prices were just US $2.14 Globally, they stood at $4.8

Freight 60

Freight Company Sourcing Strategies Logistics Network Optimization Software 60

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. As a result, regardless of freight costs, seamless mail-in returns to the distribution center or ecommerce site are almost better for retailers.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Talking Logistics

SEPTEMBER 1, 2017

August is usually a quiet month for supply chain and logistics news, but not this year, especially the past couple of weeks. Freight Companies Scramble to Reroute Goods in Wake of Harvey (WSJ – sub. LevaData to Transform Strategic Sourcing for Global Procurement and Supply Chain Leaders. million.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Design Software Real-time Visibility Manufacturing Procurement 0

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

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. It covers 37 states and parts of Canada through a fleet of more than 150,000 crowd-sourced drivers, it says. For comparison, they spent $3.4

Logistics Network Optimization Software 228

Logistics Network Optimization Software Modeling Logistics San Antonio 228

Intelligent Audit

MAY 6, 2021

Transportation network optim ization is a leading goal for supply chains around the globe. As noted by Deloitte, “Global supply chains can be planned with great precision. Work Across Departments in Your Company’s Supply Chain. Sharing information is an absolute necessity in today’s supply chain.

Optimal Sourcing 59

Optimal Sourcing Network Optimization Sourcing Strategies Resource Reduction 59

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? An optimized carrier network allows your business to adapt as unpredictable anomalous events occur within a supply chain.

Optimal Sourcing 52

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

EC Sourcing Group

MARCH 12, 2023

If you want to streamline your supplier evaluation process, increase supply chain efficiency, and reduce costs, building an ideal supplier scorecard is crucial. Identify your data sources that can help identify supplier performance. 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

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

Talking Logistics

JULY 29, 2016

Now, before I spontaneously combust in my house-turned-sauna, let’s go to this week’s supply chain and logistics news: Amazon to step up UK tests of delivery drones (The Telegraph). Freightos Launches First International Freight Marketplace to Power $2 Trillion Worth of U.S.

Logistics Network Optimization Software 0

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

GlobalTranz

JANUARY 30, 2015

It is important to know who is providing the source data used to develop your KPIs. If you are using components of source data outside of either you or your provider’s control, what are the means of auditing its accuracy? Where is the data coming from? This will give you the ability to capture what is actual in a given situation.

Transportation 120

Transportation Data Analytics Software Optimal Sourcing 120

Intelligent Audit

AUGUST 24, 2022

They put a kink in an otherwise good process to cause problems within the supply chain and affect business operations as a whole. It finds supply chain patterns that impact logistics operations the most. Anomaly Detection in Freight & Shipping Data. Technology can help. 7 Use Cases of Anomaly Detection.

Optimal Sourcing 52

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

GlobalTranz

JANUARY 19, 2015

than simple cost comparisons. companies focuses on cost comparisons and does not consider other aspects of extracting your manufacturing from a foreign country. Otis representatives say the company failed to consider the consequences of the new location and tried to do too much at once, including a supply chain software implementation.

Manufacturing Procurement 120

Manufacturing Procurement Purchasing Skills Buyer Training Manufacturing 120

AFFLINK

JUNE 14, 2016

We've suggested four of the most valuable key performance indicators (KPIs) to determine whether or not your sustainable supply chain management strategy is meeting your intended outcomes. Supply Chain Waste. Supply chain waste is an issue in all sectors. Ask yourself: Where was there unnecessary waste?

Waste Reduction 48

Waste Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 48

GlobalTranz

MAY 20, 2015

Editor’s Note: This is the first in a three-part series on Supplier Quality Management processes and how to evaluate your suppliers from Chuck Intrieri of The Lean Supply Chain. Therefore, it is paramount for you as a logistics and supply chain professional to have a keen sense of how to properly evaluate a supplier.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Logistics Viewpoints

JULY 19, 2023

Supply chain sustainability can mean a lot of things to a lot of people. As I have written about before, supply chain sustainability , or the notion of going green, is a hot topic as companies and countries look at their overall carbon footprint and look for ways to be more environmentally friendly.

Sustainability 193

Sustainability Optimal Sourcing Logistics Material Savings 193

Logistics Bureau

JULY 17, 2018

SOURCE: Statista. Of course, you will probably need to engage some international supply chain partners to help execute your strategy. Depending on the scale of your business and the demand for your products, these might include: A freight forwarder. With the Thai government’s Thailand 4.0 billion (US). A customs broker.

Thailand 40

Thailand Cost Reduction Strategies Inventory Reduction Sourcing Strategies 40

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.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Freight Material Savings 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

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

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. Why Supply Chain Optimization Matters in the Current Market and Economy. Aggregate Data to Create a Single Source of Truth for Shipping Insight.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Analytics Software Predictive Analytics 52

Intelligent Audit

APRIL 1, 2021

Dealing with the details and complexities of logistics invoices for the supply chain is a full-time job. While traditionally these programs are called freight audits, it isn’t solely about LTL or FT. Freight Invoice Error Rates Remain a Constant Threat. But how often does a freight invoice contain errors?

Freight 52

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