Remove Exercises Remove Freight Remove Inventory Remove Metrics
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The Approach to Effective Freight Procurement

The Logistics & Supply Chain Management Society

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. To thrive in this ever-evolving landscape, shippers must embrace a flexible and responsive approach.

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Mars Wrigley’s Highly Successful Supply Chain Digital Transformation

Logistics Viewpoints

Mars Wrigley chose Transplace, now UBER Freight, for North America and a partnership with Maersk/E2Open for ocean freight. The algorithms generate recommendations on optimal ways to rebalance inventory based on cost and service level impacts. This visibility is key to both the root cause analysis and the inventory rebalancing.

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Supply Chain Scams and Fraud!

Supply Chain Game Changer

3 Most Common Freight Forwarding Scams (and How to Avoid Them)! One of our most popular articles is Freight Forwarding scams. Every couple of weeks I will get an email from someone, from anywhere in the world, who has been the victim of a freight forwarding scam, and is looking for help. Subscribe Here! Email Address.

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A ‘Beached Whale’ in the Suez Canal: Stuck Working Capital

NC State SCRC

This monster ship, which is as long as the Empire State Building and weighs about 200,000 metric tons, became stuck due to high winds, and no one seems to be able to get it out. Any asset that is not producing value is considered waste, and a fundamental of “lean thinking” is that inventory is waste, and time is money.

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How to implement a supply chain management system

Unleashed

Cloud-based systems offer a cost-effective way to manage and monitor suppliers, inventory and more. Unleashed Software and accounting software firm Xero have a plug-and-play integration that allows you to manage the entirety of a business’s inventory and accounting processes. Cloud-based software. A mobile sales app.

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Leveraging Big Data in Logistics Into Meaningful Business Analytics

Intelligent Audit

What does that mean for a shipper dealing with hundreds or thousands of freight invoices monthly? . Shippers can get a handle on their expenses by tracking freight invoices and improving their logistics strategy. . Analytics is an inherently scientific exercise, requiring a certain degree of training and expertise.

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Welcome to the Supply Chain Without Boundaries

BlueYonder

At that point, managers likely engage in narrowly focused manual replanning exercises that only consider the outcomes for their own function, instead of the entire supply chain. Fed by real-time data, AI-enabled decision engines automatically weigh the cost and service trade-offs of each option. Demand planning.