Logistics Viewpoints

AUGUST 14, 2023

Thomson Reuters purchased the global trade compliance vendor Integration Point in 2018. But even here, Mr. Barraco explains, there is a difference between accidentally shipping goods to bad actors and “intentional violators.” This results in detention costs and delays in producing goods and delivering them to customers.

Global 176

Global Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies 176

GlobalTranz

OCTOBER 21, 2015

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. All KPIS have metrics to measure. 3PL/SLA Skills/Knowledge.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Supply Chain View from the Field

DECEMBER 16, 2013

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Not surprisingly, analytics is at the top of the list.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

QAD

AUGUST 16, 2022

Continued fallout, including transport congestion, limited air freight and rail freight transportation in the Asia-Europe lanes, because of the Russia/Ukraine conflict. Supplier visibility provides analytics and insights to inform your strategy. Global supply chains are suffering from what a recent research article from J.P.

Optimal Sourcing 92

Optimal Sourcing Supply Chain Software Manufacturing Procurement Supply Chain Design Software 92

SupplyPike

APRIL 10, 2020

Suppliers are also seeing issues with shipping companies being overwhelmed. Make sure you communicate with your carriers and be sure they can ship your orders out by the time your buyer needs them. You’ll need to work with your buyer on revising their purchasing plans to favor high demand items. Forecasting.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 98

Ware2Go

OCTOBER 21, 2021

Customer expectations for shipping are higher than ever. Why Shipping Costs Matter. In today’s anything, anytime connected world, shipping costs and delivery speed have become make-or-break factors for small-and-medium sized businesses (SMBs) across the business-to-business (B2B) and business-to-consumer (B2C) spectrum.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Inventory Reduction Resource Reduction 52

GlobalTranz

APRIL 7, 2017

Most transportation costs in a company arise from inbound logistics cost. If other words, the costs associated with transportation of items from vendors make up the biggest portion of will transportation costs, reports Amy Roach Partridge of Inbound Logistics. Delays and unforeseen circumstances do occur.

Vendor Strategies 139

Vendor Strategies Cost Reduction Strategies Inventory Reduction Resource Reduction 139

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. At a high level, what GEON does is purchase plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 235

The Network Effect

AUGUST 21, 2015

In my last four posts, I talked about order aggregation , new inventory replenishment policies , why a network model makes so much sense , and the all important ASN. All supplier shipments must be accompanied by appropriate documentation. Thus process outputs related to documentation must be error free.

Automotive 100

Automotive Optimal Sourcing Logistics Network Optimization Software Supply Chain Optimization 100

Enterra Insights

FEBRUARY 11, 2021

”[3] Even so, he notes, RPA can improve supply chain operations in a number of ways: It eliminates the manual input of purchase orders and other administrative tasks. Automates B2B processes that would cost more if conducted manually. Through data analytics, RPA can identify and optimize current inefficiencies across the chain.

Supply Chain Software 100

Supply Chain Software Analytics Software Predictive Analytics Software Gartner 100

3rdwave

NOVEMBER 29, 2018

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. In a constantly shifting and competitive global trading environment, it is increasingly important to control all costs across the entire supply chain.

Optimal Sourcing 88

Optimal Sourcing Global Transportation Negotiating Skills Supply Chain Optimization 88

Unleashed

MARCH 31, 2021

When we refer to the ‘supply chain’, we’re referring to the network of suppliers, manufacturers, producers, shipping companies and more who, when combined, produce, ship and sell products and services to end-users. A lean business looking to build efficiencies would do well to try and improve this metric. What is logistics?

Supply Chain Planning Software 69

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 69

Unleashed

OCTOBER 4, 2023

The order fulfilment process covers every step required to get goods to the people who purchase them, from the moment a customer places an order to when they receive their purchase. Shipping and logistics: Selecting the appropriate shipping method, arranging transport, and coordinating with couriers for delivery.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

20Cube Logistics

JANUARY 16, 2022

It’s odd to imagine that only three years ago most people made purchases in store. E-commerce has seen an increase in consumers demanding two main factors: lower costs and faster shipping times. Retailers are faced with the balancing act of minimizing shipping costs whilst also optimizing shipping speeds.

Modeling 54

Modeling Demand Planning Software Supply and Demand Logistics Network Optimization Software 54

Zipline Logistics

JANUARY 26, 2021

Pragmatic analysis can uncover opportunities to make improvements that can help control inventory and manage costs. By having enhanced insight into crucial logistics processes, healthcare shippers can increase efficiencies, reduce cost, shorten time to market, and improve inventory management. Increase Communication with Partners .

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Inventory Reduction 52

GlobalTranz

APRIL 25, 2017

This involves the combination of data capture, analytic and dashboarding tools to make decisions easier. As a result, companies can realize better control of transportation networks and eliminate redundancies without risking a loss of product availability, while still cutting costs and boosting the bottom line.

Cost Reduction Strategies 156

Cost Reduction Strategies Resource Reduction Vendor Strategies Expense Reduction 156

Talking Logistics

DECEMBER 11, 2015

Now, on to this week’s supply chain and logistics news… CMA CGM to acquire NOL, reinforcing its position in global shipping. China Approves Merger of Cosco, China Shipping (WSJ- sub. MercuryGate extends invoicing and document management solution with HubTran integration. Paragon Software Systems Introduces Route Control.

Logistics Network Optimization Software 0

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

GlobalTranz

APRIL 5, 2016

Although 3PL Logistics Companies or 3PLs were around before the recession, companies realized the short-term savings of outsourcing logistics, transportation, and freight management to 3PLs quickly, and the age of the rise of the logistics provider was born. As a result, some specific services have emerged from the shadows.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Negotiating Skills 3PL Purchasing Skills 120

Talking Logistics

JUNE 22, 2015

According to the press release : The proposed standards are expected to lower CO2 emissions by approximately 1 billion metric tons, cut fuel costs by about $170 billion, and reduce oil consumption by up to 1.8 billion barrels over the lifetime of the vehicles sold under the program. I’ve highlighted other case studies over the years.

Vendor Strategies 100

Vendor Strategies Cost Reduction Strategies Price Reduction Procurement Analytics 100

GlobalTranz

DECEMBER 17, 2014

For example, on average the cost savings from automating a manually processes purchase order is $9.89, for an invoice is $11.58 So you can see the savings for each document transacted and when you multiply that savings by the number of manual documents that are automated, you understand how a positive ROI can be achieved.

Supply Chain Network Software 233

Supply Chain Network Software Supply Chain Software Sourcing Strategies Expense Reduction 233

Unleashed

NOVEMBER 8, 2021

De minimis is an important concept for anyone who deals with international shipping. In the context of international shipping, de minimis refers to the principle that it’s not worth charging customs duties on goods below a certain value How is the? A full list of de minimis thresholds can be found here.

New Zealand 98

New Zealand Australia Purchasing Skills Negotiating Skills 98

GlobalTranz

AUGUST 18, 2016

Value-added services have also taken on a technology-like role as more companies want to use a comprehensive transportation management system (TMS) to thorough document and optimize their processes. Analytics Are Becoming a Fundamental Part the Distribution Technology Toolbag. Robotics Are Aiding an Aging Workforce.

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Management Software Optimization Software Analytics Software 120

3rdwave

NOVEMBER 29, 2018

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. In a constantly shifting and competitive global trading environment, it is increasingly important to control all costs across the entire supply chain.

Optimal Sourcing 40

Optimal Sourcing Global Transportation Negotiating Skills Supply Chain Optimization 40

Shipchain

AUGUST 24, 2018

Further, the internet and e-commerce have revolutionized global trade, making purchasing, selling, and acting as a third-party reseller more natural, as reported by Trucking Info. Shippers want lower rates, but due to these market forces and technology evolutions, lower freight rates are hard to come by.

Cost Reduction Strategies 79

Cost Reduction Strategies Resource Reduction Inventory Reduction Logistics Network Optimization Software 79

GlobalTranz

JUNE 18, 2015

Product travel in reverse of their original paths from the seller to buyers’ locations, after which they may undergo disassembly and disposal or recycling, or repair or refurbishment, testing, packaging, warehousing, resale, shipping, customer support, and other reverse logistical processes executed by the seller outsourced services.

Reverse Logistics 120

Reverse Logistics Optimization Software Demand Planning Software Supply Chain Network Software 120

EMERGE App

NOVEMBER 4, 2018

You will develop the business relationship directly with them and will enjoy better terms as you make more purchases. Their business model, after all, is the buying and selling of goods. These samples and their shipping will cost you. Negotiate Purchases. Also, they are usually less pushy in closing sales.

Purchasing Skills 49

Purchasing Skills Negotiate Pricing Negotiating Skills Manufacturing Procurement 49

3rdwave

DECEMBER 21, 2018

Poor master data management manifests itself in inconsistent data quality, unnecessary human intervention, inaccurate documentation, reporting, and analysis. The result of poor master data management is that all related processes and reports are compromised. Limited Master Data Visibility and Accessibility.

Optimal Sourcing 66

Optimal Sourcing Optimization Software Supply Chain Optimization Supply Chain Design Software 66

Talking Logistics

DECEMBER 8, 2017

Trucking Companies Boost Big-Rig Orders on Rising Shipping Demand (WSJ – sub. freight trains in federal crosshairs after crashes: GAO (Reuters). As reported by the Wall Street Journal : United Parcel Service Inc. Dockworkers Walk Out of Labor Talks (WSJ – sub. Nissan to trial robo-taxis in Japan (BBC News).

Logistics Network Optimization Software 0

Logistics Network Optimization Software Purchasing Training Supply Chain Software SAP 0

EMERGE App

NOVEMBER 4, 2018

You will develop the business relationship directly with them and will enjoy better terms as you make more purchases. Their business model, after all, is the buying and selling of goods. These samples and their shipping will cost you. Negotiate Purchases. Also, they are usually less pushy in closing sales.

Purchasing Skills 40

Purchasing Skills Negotiate Pricing Negotiating Skills Manufacturing Procurement 40

Unleashed

DECEMBER 20, 2022

Covered In this Business App Guide: Apps for your clients’ tech stack Accounting apps Lightyear Lightyear is a purchasing and accounts payable automation platform which was established in 2017. Syft Analytics Syft Analytics is an AI-powered forecasting tool that reviews, analyses, and predicts financial data.

Forecasting Software 98

Forecasting Software Inventory Management Software Analytics Software Predictive Analytics Software 98

Supply Chain Shaman

DECEMBER 30, 2021

Global shipping is national news with most stories covering the symptoms. Freight Rates 2019-2021. As a result, companies plug along planning based on historic lead times and freight rates which as you can imagine is doomed for failure. meters, to accommodate ships with 20 rows of containers) and 15.2 Variability abounds.

Supply Chain Design Software 429

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 429

EazyStock

SEPTEMBER 25, 2018

EazyStock in a cloud-based inventory optimization tool that systematically reduces excess and obsolete stock levels (bad inventory) from your warehouse locations to reduce costs while increasing the availability of your faster turning more profitable items (healthy inventory). Evernote – Online File & Document Storage.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 78

3rdwave

DECEMBER 21, 2018

Poor master data management manifests itself in inconsistent data quality, unnecessary human intervention, inaccurate documentation, reporting, and analysis. The result of poor master data management is that all related processes and reports are compromised. Limited Master Data Visibility and Accessibility.

Optimal Sourcing 40

Optimal Sourcing Optimization Software Supply Chain Optimization Supply Chain Design Software 40

3rdwave

DECEMBER 21, 2018

Poor master data management manifests itself in inconsistent data quality, unnecessary human intervention, inaccurate documentation, reporting, and analysis. The result of poor master data management is that all related processes and reports are compromised. Limited Master Data Visibility and Accessibility.

Optimal Sourcing 40

Optimal Sourcing Optimization Software Supply Chain Optimization Supply Chain Design Software 40

Talking Logistics

DECEMBER 16, 2015

It’s also important to note that shipping and aviation, two industries with significant greenhouse gas emissions, are not included in the COP21 agreement. The Rebirth of Transportation Marketplaces (UberCARGO, Cargomatic, and Freight Friend). study , 40% of consumers have purchased from retailers based outside the U.S.,

Predictive Analytics Software 120

Predictive Analytics Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 120

Enterra Insights

JULY 25, 2019

Tracking payment information, such as purchase orders. Managing trade documentation. Managing freight transportation. Sharing information with suppliers. Sharing information with customers. Verifying and monitoring suppliers. Managing supply chain risk. Managing demand and supply planning. Managing inventory. ”[5].

Supply Chain Planning Software 100

Supply Chain Planning Software Gartner Supply Chain Software Manufacturing Procurement 100

Freightos

JUNE 6, 2016

Is The Freight Industry Ready For SOLAS? In the run up to the July 1, 2016 requirement that there must now be a verification of the gross mass of packed containers, Freightos research has determined that only one third (36%) of FCL freight quotes are still being saved with a weight. Analysis: How Bad Is It? Logistics Providers.

Freight 120

Freight Industrial Industry Logistics Network Optimization Software 120