GlobalTranz

JUNE 12, 2018

Poor visibility in freight allocation is a leading reason shippers experience difficulty in managing freight, and this problem is evidence of a disconnect between the person managing freight and company stakeholders. Yesteryear, freight allocation was simpler. Download Here. New Series.

Freight

GlobalTranz

FEBRUARY 25, 2021

Remanufacturing and refurbishing activities also may be included in the definition of reverse logistics.”. Customers expect to return products in the same way they purchased them, so it is not always as simple as just returning to a store. Meanwhile, the rate of returns and hence the demand for reverse logistics is increasing.

Reverse Logistics

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Purchasing Training

The Logistics of Logistics

OCTOBER 8, 2012

Chuck specializes in Supply Chain Optimization, Third Party Logistics (3PL) and International Purchasing and Importing Consulting. He is a guest speaker at the Purchasing Management Association and the University of Wisconsin-Madison. Intrieri Consulting in Orange County, CA. He is certified as a C.P.M.,CPIM, CPIM, and Value Engineer.

Third Party Logistics

GlobalTranz

DECEMBER 17, 2014

Truth: It’s Well Worth the Cost. While there is a cost associated with EDI integration, it is definitely worth it. The cost of EDI integration is immediately justifiable. For example, on average the cost savings from automating a manually processes purchase order is $9.89, for an invoice is $11.58

Supply Chain Network Software

GlobalTranz

AUGUST 9, 2016

Metrics and Key Performance Indicators (KPIs) measure how well the shipper-transportation provider does in daily continuous improvement. Create daily route designs, complete real time track and trace, generate real-time metrics , and complete daily problem solving. Measure Transportation Performance. Problem-solving methods.

Waste Reduction

Supply Chain Game Changer

NOVEMBER 6, 2019

The right application of warehouse management analytics can enable significant growth for companies, forced to focus on smaller package sizes, not the pallets and cases of the past. Why Do Analytics Overwhelm Supply Chain Leaders? Analytics can be complicated. Benefits of Warehouse Management Analytics.

Analytics Software

Supply Chain Opz

JULY 31, 2012

Cost reduction has always been the number one priority for a company. While a big chunk of cost lies within procurement, manufacturing and distribution activities, cost reduction from procurement function seems to deliver substantial savings quicker. Noob Guide to Supply Chain Management Definition.

Price Reduction

Freightos

MAY 31, 2022

This is an exciting milestone that accelerates our vision of a digital platform that modernizes international freight and improves global trade. I can walk into a local shop and purchase products from all around the globe. First, some background. I started Freightos a decade ago, in 2012. Really important. Why go public via a SPAC?

Purchasing Skills

The Logistics & Supply Chain Management Society

JULY 23, 2020

Most of the current repetitive processes like (forecasting, reports, purchase orders & Invoicing) will be automated using various technologies. Rethink the definition of “critical risk” with a focus on business purpose and social responsibility. Let us study major highlights of Supply Chains of the future.

Agile and Lean Supply Chain

Elementum

JUNE 30, 2022

Welcome to Elementum’s Supply Chain Market Report. Supply Chain Market Report – July 2022 This edition will cover: The signs of looming stagflation How executives can prepare their supply chains The imminent problem of staffing shortages The latest use of drones in supply chain Notable changes in the leadership ranks.

Procurement Analytics

Logistics Viewpoints

MARCH 3, 2023

And while this definitely points to an industry making strides, a recent Procurious survey found that 75 percent of women in supply chain experience gender-based adversity. According to a recent report, the company canceled, closed, or delayed 99 fulfillment facilities, impacting nearly 32.3 FedEx Express moves an average of 6.3

Logistics Network Optimization Software

ThroughPut

MAY 5, 2020

Supply chain costs are defined as costs that constitute a considerable percentage of the total sales price of a product or service. Manufacturers usually define supply chain costs using the total cost of ownership. To this, they add the additional costs incurred before or after the product or service delivery.

Cost Reduction Strategies

Supply Chain Game Changer

NOVEMBER 19, 2018

Check out Brand Protection – The Definitive Role of the Supply Chain! And the reality is that Supply Chain must be cost-effective. Whatever your Industry you should be able to make comparisons to competitors, do benchmarking, and even compare yourself on key metrics across industries. Cost and Profit Management.

Negotiating Skills

SCMDOJO

MARCH 25, 2022

Reminder of Key Definitions – Logistics & Supply Chain Management. Also, traditional logistics focuses its attention on activities such as procurement , distribution, maintenance, and inventory management. Logistics has been, is and always will continue to be one of the most controversial military subjects. Rider (1970)).

Supply Chain Planning Software

Supply Chain Game Changer

NOVEMBER 20, 2018

The Manager was just reporting the news to me with no action plan. The cost of your operations, materials, and freight and logistics can be a substantial portion of your total operating expense. Supply Chain is no longer just the organization that places purchase orders and gets material in to your factories.

Supply Chain Planning Software

Talking Logistics

SEPTEMBER 2, 2016

Online freight marketplace Freightos acquires Spain’s WebCargoNet (TechCrunch). ports and beyond, said shippers, importers and freight forwarders. Freight brokers in Asia said about 540,000 containers are expected to face delivery delays that one of them said could range from a few days to more than a month. UPS Announces U.S.

Logistics Network Optimization Software

Enterra Insights

MAY 16, 2022

Fortunately, journalist Bridget McCrea reports, “Companies are thinking differently about how they design and orchestrate their supply chains. By doing it, you’ll get a chance to use predictive analysis, which is proven to be pretty insightful.”[6] ”[8] Isn’t that the definition of insanity?

Supply Chain Planning Software

Supply Chain Game Changer

DECEMBER 18, 2018

That theme is one of “Definitions” Based upon tremendous viewer interest this year we began our “What Exactly Is … ” article series to describe definitions and commentary on terms which we often see and hear but don’t always truly understand. 10 Different Definitions! And What is Purchasing?

Optimal Sourcing

Unleashed

JULY 25, 2023

It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. Inventory turnover period The inventory turnover period is the time taken from when you purchase inventory until the time those goods are sold.

Inventory Reduction

ThroughPut

MAY 5, 2020

Supply chain costs are defined as costs that constitute a considerable percentage of the total sales price of a product or service. Manufacturers usually define supply chain costs using the total cost of ownership. To this, they add the additional costs incurred before or after the product or service delivery.

Cost Reduction Strategies

ThroughPut

MAY 5, 2020

Supply chain costs are defined as costs that constitute a considerable percentage of the total sales price of a product or service. Manufacturers usually define supply chain costs using the total cost of ownership. To this, they add the additional costs incurred before or after the product or service delivery.

Cost Reduction Strategies

SYSPRO Smarter ERP

NOVEMBER 3, 2021

can be measured to define this metric. Manufacturing Cycle Time : This metric is most accurately obtained using real-time monitoring with a Manufacturing Execution System (MES). Freight bill accuracy : Whether shipping from factory to warehouse, or to the customer, this metric helps identify problems in billing operations.

Manufacturing Procurement

Supply Chain Network

SEPTEMBER 9, 2015

. – September 9, 2015 – XPO Logistics, Inc. (“XPO Logistics” or “XPO”) (NYSE: XPO) and Con-way Inc. (“Con-way”) (NYSE: CNW) today announced that they have entered into a definitive agreement for XPO Logistics to acquire Con-way. Headquartered in Ann Arbor, Mich.,

Logistics Network Optimization Software

Logility

JUNE 28, 2017

Multi-mode freight optimization is another value-added tool that should be investigated by process chemical manufacturers. Definitely, something every supply chain professional should want in their toolkit. Aligning and integrating key performance metrics across the extended supply chain is difficult.

Chemicals

Logility

AUGUST 17, 2016

Supply chain planning systems receive the forecast as input and plans the purchasing of materials, making of products, and overall operation of your supply chain. The system helps you improve availability, reduce costs, and manage your network of manufacturing facilities and sales channels to hit ever-increasing profit targets.

Material Savings

The Logistics of Logistics

MARCH 4, 2013

Super-single tires also offer better brake cooling and better traction in snowy conditions, both of which are definite benefits—especially in mountainous regions. Maintenance is also easier and cheaper, and labor costs for tire replacement is cut in half. Research and Markets: The Truck Fuel Efficiency Report.

Cost Reduction Strategies

Jaggaer

JUNE 28, 2024

The topic under discussion was current challenges in direct procurement. And [spoiler alert] our focus was not cost control in the traditional sense. I sincerely believe that procurement has a leading role to play in this transformation, and doing so calls for a true balancing act. No pressure, then!

Manufacturing Procurement

Logistics Bureau

JANUARY 1, 2025

Abatement: A type of discount granted to a shipper by a freight forwarder or carrier, typically in response to an overcharge or damage to the shippers cargo. Least attention is paid to this category for the purpose of stock control and planning and procurement decisions for such items may be automated.

Supply Chain Planning Software

3rdwave

AUGUST 7, 2019

These challenges are: Information Accessibility – visibility, reporting & analysis, communication. Transportation Cost Management. The same is true for carrier performance, invoice details, and basic reports. The same is true for the information required to execute reports or analysis around transportation.

Global Transportation

6 River Systems

JULY 25, 2019

Our supply chain involves a contract manufacturer, a third-party testing facility, warehouses to store inventory and a freighting company. For example, if my contract manufacturer is late with an order it can cause me to incur excess costs with the freighting and warehousing companies, respectively.

Supply Chain Planning Software

Supply Chain Opz

JUNE 1, 2014

In order to compensate a long waiting time, Adidas uses air freight or courier service. The reason why they can do this is that customized products are sold directly to customers so they have the higher profit margin to compensate the higher transportation cost.

Case Study

Supply Chain Game Changer

OCTOBER 8, 2019

Most definitions of disintermediation characterize it as the elimination of intermediaries, or “ cutting out the middleman “ Further consider that the “Wastes” associated with Lean thinking and principles include transportation, inventory, over production and motion amongst others. Email Address. Want Success?

Waste Reduction

Unleashed

MARCH 31, 2021

A lean business looking to build efficiencies would do well to try and improve this metric. How to calculate: Days of Inventory (number of days inventory on hand) plus Days of Receivables (number of days for customer to pay for orders), then subtract Days Payable Outstanding (number of days it takes you to pay for purchases).

Supply Chain Planning Software

Enterra Insights

NOVEMBER 29, 2018

Billal Chouli explains, “A supply chain is a network of suppliers, manufacturers, and retailers, as well as intermediaries including freight companies, warehousing companies, and brokers, who transfer goods, services, money, and information amongst one another. ” Improving supply chain management strategies. ” 4.

Optimal Sourcing

Supply Chain Game Changer

NOVEMBER 25, 2018

By definition the Peer group that is providing their Opinion scores is restricted to large companies voting on other large companies. Gartner Survey Metric Notes: 1. Gartner Opinion and Peer Opinion: Based on each panel’s forced-rank ordering against the definition of “DDVN orchestrator.” All Rights Reserved.

Gartner

Supply Chain Matters

DECEMBER 13, 2022

Updates included in this edition include: Coupa Software Entering Definitive Agreement to be Acquired. Coupa Software Enters Definitive Agreement to be Acquired. The announcement further coincides with Coupa Software’s report of fiscal third quarter financial performance. This report speculates that “ HMI Capital, which owns 4.8

Supply Chain Design Software