Intelligent Audit

AUGUST 25, 2022

It has always been essential to have visibility into freight spending. Freight audit & payment (FAP) providers have long paved the way to gaining this visibility by looking at shipping invoices and breaking down freight spend. What Is Freight or Transportation Spend Management?

Real-time Visibility 52

Real-time Visibility Transportation Management Supply Chain Planning Software Optimization Software 52

Supply Chain Game Changer

APRIL 29, 2020

Do You Have Hidden Freight Costs? Ocean freight article and permission to publish here provided by Katherine Barrios at xeneta.com. Freight forwarders and shippers/BCO s are on a constant quest to have a better understanding of their ocean freight costs and ultimately have larger margins. Email Address. Plan effectively.

Negotiating Skills 69

Negotiating Skills Cost Reduction Strategies Optimal Sourcing Freight 69

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. 3. Today many companies spend countless hours reviewing contracts to track and review amendments to original documents. Freight Management. Returns and Refunds Processing.

Supply Chain Software 246

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

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post is part of a , series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally. Key Features: Basic Auditing.

Supply Chain Software 148

Supply Chain Software Resource Reduction Waste Reduction Cost Reduction Strategies 148

Logistics Viewpoints

MARCH 2, 2023

Freight rates have plummeted, brokerages are struggling, and the industry is still bloated with excess inventory. With the right data you can reduce your overall transportation costs, both accessorial costs and overall freight spend. Closer to home for supply chain professionals, driver shortages continue to plague the industry.

Waste Reduction 197

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 197

GlobalTranz

DECEMBER 11, 2014

Then we will cover in subsequent posts what are the benefits of using EDI in transportation along with a transportation management system, we will debunk a few myths, and then we will end the series by highlighting how a shipper at Cerasis used EDI to reduce freight expenditures and resources. What is Electronic Data Interchange?

Electronics 262

Electronics Transportation Data Resource Reduction 262

ShipBob

JANUARY 6, 2023

Share compliance information and documentation. Transportation management systems also enable you to automate your freight tendering process. By automatically dispatching carriers, you can significantly expedite steps such as booking and tendering of freight. Documentation management. Plan and optimize delivery routes.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Supply Chain Network Software Forecasting Software 52

20Cube Logistics

JULY 9, 2019

Supply chain involves procurement, creating orders, packing, shipping and distribution of goods, etc., How will blockchain impact freight forwarding? Each time cargo is shipped, the transaction is documented, creating a permanent history of the shipment from order to delivery. which in itself is a complex process. 20cube.com.

Manufacturing Procurement 40

Manufacturing Procurement Freight Logistics Network Optimization Software Supply Chain Network Software 40

Supply Chain Shaman

APRIL 15, 2020

As I watch the news and work on client documents in my quarantine, I try to manage my emotions. This cross-functional group (sales, procurement, manufacturing, and distribution) is an operational team to manage the day-to-day issues and exceptions in the supply chain. Document your supply chain black holes. It is tough.

Supply Chain Planning Software 427

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 427

The Logistics & Supply Chain Management Society

JULY 16, 2023

He is also an Adjunct Professor with UTM Azman Hashim International Business School in Malaysia, conducting research on halal procurement strategy, halal supply chain management, and halal risk and reputation management. He is the author of ‘Halal business management: a guide to achieving halal excellence’.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

GlobalTranz

APRIL 5, 2018

As a shipper, it can be hard to procure full truckloads, and small and mid-sized shippers suffer from an exacerbated version of this problem. Shippers face tightening capacity, higher rates, and demanding consumers, and procuring a full truckload may be the last thing on their minds. Will the freight be competitive?

Optimal Sourcing 191

Optimal Sourcing Procurement Resource Reduction 3PL 191

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post is part of a , series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally. Key Features: Basic Auditing.

Supply Chain Software 78

Supply Chain Software Resource Reduction Waste Reduction Cost Reduction Strategies 78

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post is part of a , series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally. Key Features: Basic Auditing.

Supply Chain Software 78

Supply Chain Software Resource Reduction Waste Reduction Cost Reduction Strategies 78

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. QAD SRM delivers the tools to improve real-time communication and procurement processes and to counteract supply risks. Potential U.S.

Optimal Sourcing 94

Optimal Sourcing Supply Chain Software Manufacturing Procurement Supply Chain Design Software 94

Logistics Bureau

NOVEMBER 23, 2020

By integrating AI technology, new platforms are enabling companies to streamline their transportation systems and cut the costs of freight. Procurement Communications. Leading the field are chatbots, which allow text-based interactions, for example, between procurement managers and their suppliers’ systems.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Performance Supply Chain Software Supply Chain Planning 89

Precoro

MAY 19, 2023

The right metrics can shed light on how cost-effective a company’s processes are when it comes to the flow of goods, both at the inbound stages of procurement and outbound all the way to the customer. Freight and shipping cost per unit Shipping or freighting costs constitute a substantial part of the overall supply chain costs.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

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. How do you know you are getting what you paid for? 3PL/SLA Skills/Knowledge.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Talking Logistics

MARCH 24, 2015

Only motivation is to save money on freight rates. RFP’s give you the opportunity to negotiate/award freight rates that will have a major impact on your budget for the year. Think outside the box, and look for opportunities to leverage continuous moves or dedicated operations to lower freight expense. Escalation Process.

Expense Reduction 100

Expense Reduction Price Reduction Transportation Cost Reduction Strategies 100

Shipsy

MAY 16, 2021

Bill of lading or BOL is a document, given by the carrier, which includes basic info about the shipment. It is a transport document issued by a carrier or freight forwarder. 3PL means outsourcing logistics services to perform procurement, transportation, order fulfillment, and other operations, to a third-party provider. .

Logistics Network Optimization Software 52

Logistics Network Optimization Software Global Logistics Supply Chain Design Software 52

GlobalTranz

APRIL 7, 2017

In addition, you can use an inbound logistics program to reduce higher-cost shipments through freight consolidation and backhaul shipping, opening the door to even lower rates than you have previously negotiated with your carrier. Reduced Procurement Inconsistencies Enhance Administrative Efficiency.

Vendor Strategies 139

Vendor Strategies Cost Reduction Strategies Inventory Reduction Resource Reduction 139

GlobalTranz

MARCH 6, 2017

Mobile phones can offer incredible services in any business from inventory tracking and shipments to the execution of procurement transactions. Most logistics prefer integrating the use of this app to automate procurement and replenish other processes to raise the profit margins. The Web fleet Android application.

Logistics Network Optimization Software 151

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Optimization Software 151

The Network Effect

AUGUST 21, 2015

Earlier we discussed the fact that the “procure to pay” business transaction cycle includes transportation events such as tendering, pick up, in transit, dock scheduling and deliver along with full track and trace. All supplier shipments must be accompanied by appropriate documentation.

Automotive 100

Automotive Optimal Sourcing Logistics Network Optimization Software Supply Chain Optimization 100

BlueYonder

APRIL 7, 2021

as part of a larger research document and should be evaluated in the context of the entire document. The Gartner document is available upon request from Blue Yonder. Sources: 1 Gartner, Magic Quadrant for Transportation Management Systems, Bart De Muynck, Brock Johns, Oscar Sanchez Duran, Carly West, 30 March 2021.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Optimization Software Analytics Software 52

Supply Chain Game Changer

OCTOBER 10, 2022

First, the documents are not designed to get you a position. In today’s competitive employment marketplace, a top-notch document can go a long way toward setting you apart from hundreds of other potential candidates. Explore Jobs Within the Niche. There are three things to remember about resumes for SCM jobseekers.

Education 96

Education Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 96

The Logistics & Supply Chain Management Society

JULY 13, 2021

Process Automation: Logistics and supply chain industry vertical is heavily reliant on manual rule-based processes and their workforce spend significant amount of time managing documents such as bills-of-lading, invoices etc. which involves repeated entries in multiple legacy system leading to delays and error.

Supply Chain Software 130

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

CH Robinson Transportfolio

JUNE 29, 2020

So, it’s important you’re up to date on the latest regulations to avoid your freight being held up. Policy 53 increases CIQ inspection on all PPE products, labels, packaging, and documentation. Metered freight solutions. As ocean freight catches up, it can significantly reduce your freight spend.

Shipping 56

Shipping Manufacturing Procurement Cost Reduction Strategies Canada 56

SCMDOJO

JULY 24, 2023

Let’s take a closer look at these stakeholders and their roles: Shippers: Shippers are businesses that produce or procure goods and require them to be transported to their intended destinations. They optimize routes, consolidate shipments, manage freight rates, track shipments, and ensure timely and secure delivery.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

Talking Logistics

SEPTEMBER 29, 2014

Whether you work with tens of carriers or more than 5,000 (as some of MercuryGate’s broker clients do), Carma is a more efficient and automated way of managing carriers than using spreadsheets, emails, and paper documents. On the surface, Freight Friend has similar features to other online load boards. Has the time come?

Conference 156

Conference Logistics Network Optimization Software Modeling Software Third Party Logistics 156

Supply Chain Opz

JANUARY 22, 2016

Brian Miller, VP of Services at Intesource, a PROACTIS company Managed services is a sourcing approach less common in the procurement industry today, but poised to grow tremendously over the next couple years. Strategic procurement platforms help organizations analyze their data and make it actionable.

Predictive Analytics Software 100

Predictive Analytics Software Supply Chain Network Software Logistics Network Optimization Software Analytics Software 100

QAD

FEBRUARY 7, 2023

Common SRM issues include: Approaching it as more a means of cost reduction than developing mutually beneficial relationships Having a strategy that lacks clear success metrics Working with a lack of supplier diversity Carrying too much inventory to address potential supply disruptions Changing sources of supply and burdensome supplier rationalization (..)

Price Reduction 98

Price Reduction Material Savings Vendor Strategies Inventory Reduction 98

ShipBob

NOVEMBER 6, 2023

This helps you understand trends so you can be better informed during inventory procurement and when you’re forecasting demand. This documentation accounts for any units that are in transit and also in case anything is lost or damaged in transit. During more regular inventory audits, you may choose to only prioritize high-value items.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

Supply Chain Shaman

DECEMBER 13, 2015

We can connect through EDI, but a document has latency and limitations for unstructured data. There is no system of record for data over time, and the use of a portal gives the posting company a false sense of effectively communicating. There are other options, but each has limitations. The solutions to close the gaps are not so easy.

Manufacturing Procurement 150

Manufacturing Procurement Procurement Analytics Supply Chain Network Software Procurement Solutions 150

Talking Logistics

MARCH 13, 2018

Once connected, you can begin automating your inter-business processes – with suppliers to procure direct materials more efficiently, with logistics service providers to drive continuous improvement in costs and service levels, and with customers to provide them with visibility to the status of orders and shipments, even across multiple modes.

Supply Chain Planning Software 102

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Logistics Network Optimization Software 102

Unleashed

JUNE 27, 2023

One wrong decision and freight costs can skyrocket, greatly impacting your profit margins. If you’re sending goods internationally, third-party freight forwarding services offer a frictionless solution. Here we explore what freight forwarders do, the benefits and risks of working with one, and how the freight forwarding process works.

Negotiating Skills 52

Negotiating Skills Freight Optimal Sourcing 3PL 52

CH Robinson Transportfolio

APRIL 2, 2019

While this threat is not new, it certainly feels different this time around, and specifically raises questions for those involved in regular cross border freight movements. While we may not know if and how policy may change and impact freight for a few days or weeks, we can scenario plan for a reasonable number of outcomes.

Mexico 34

Mexico El Paso Resource Reduction Transportation 34

Supply Chain Game Changer

NOVEMBER 21, 2018

Consider any company that procures goods and services from a vendor. Now, imagine there was a disagreement and forged documents were presented. That’s why we need information management, which main task would be to keep track of all documents. These records are crucial for resolving any disputes.

Government 51

Government Procurement Solutions Logistics Network Optimization Software Supply Chain Software 51

Talking Logistics

APRIL 24, 2017

Regardless of whether your freight is moving on your assets or someone else’s, strategic route planning can result in fewer miles driven and less emissions. You can make a conscious choice to use carriers that have demonstrated environmental responsibility and build this into your TMS carrier management or procurement preferences.

Optimal Sourcing 114

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Optimization Software 114