TMC

SEPTEMBER 19, 2018

Common supply chain challenges that lead to a TMS purchase include procurement and transportation operations living as two separate functions, lack of visibility to freight movement, and limited control of freight from inbound suppliers. Procuring a TMS starts with an investigative process. Final thoughts.

Optimal Sourcing 62

Optimal Sourcing Procurement Solutions Procurement Supply Chain Planning Software 62

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

TMC

SEPTEMBER 19, 2018

Common supply chain challenges that lead to a TMS purchase include procurement and transportation operations living as two separate functions, lack of visibility to freight movement, and limited control of freight from inbound suppliers. Procuring a TMS starts with an investigative process. Final thoughts.

Optimal Sourcing 48

Optimal Sourcing Procurement Solutions Procurement Supply Chain Planning Software 48

TMC

SEPTEMBER 19, 2018

Common supply chain challenges that lead to a TMS purchase include procurement and transportation operations living as two separate functions, lack of visibility to freight movement, and limited control of freight from inbound suppliers. Procuring a TMS starts with an investigative process. Final thoughts.

Optimal Sourcing 48

Optimal Sourcing Procurement Solutions Procurement Supply Chain Planning Software 48

Logistics Viewpoints

SEPTEMBER 28, 2021

Real-time transportation visibility platforms tell shippers and their broker/carrier partners where their freight is at any point on its journey. Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility.

Rail Software 188

Rail Software Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 188

CH Robinson Transportfolio

NOVEMBER 19, 2020

Flatbed shipping is an important contributor to the overall economy as several key industries leverage this solution for the movement of their critical freight. However, flatbed freight can be an often-overlooked element to the success of key industries , including: Energy – Oil, gas, and power generation (e.g.,

Optimal Sourcing 44

Optimal Sourcing Material Savings Shipping Price Reduction 44

Talking Logistics

APRIL 6, 2017

It may be time to evaluate your transportation network and approach to procurement and make the move from simply fixing logistics problems as they present themselves to a more strategic, scalable model derived from analytics and not simply rates. Do you have a resilient and “stress-able” routing guide? He started his career working for C.H.

Capacity 101

Capacity Price Reduction Sourcing Strategies Cost Reduction Strategies 101

JDA software

FEBRUARY 11, 2019

its transportation management and how well it continually procures, plans, executes and monitors freight. Today, a company’s success is largely driven by: its network design and how that company manages its supply, production and distribution locations. Let’s take a closer look at each of these key areas. Network design.

Supply Chain Design 75

Supply Chain Design Optimal Sourcing Inventory Reduction Supply Chain Optimization 75

Supply Chain Game Changer

NOVEMBER 11, 2018

Starting this blog itself has been a phenomenal learning exercise. SupplyChain #Leadership #supplychainmanagement #procurement #purchasing #logistics #freight. Shared learning has the ability to show others both what is possible as well as informing them so that they are enabled to make even greater changes. All Rights Reserved.

Guidelines 43

Guidelines Purchasing Skills Exercises Procurement 43

Talking Logistics

JUNE 2, 2016

This begets the need to set the overall strategy for the divestment by way of an exercise, called “capability scoping.” This assessment identifies the most important capabilities for which the newly divested company needs to account, which may include functions such as Procurement, Purchasing, Accounting and Supply Chain Operations itself.

3PL 100

3PL Optimal Sourcing Modeling Procurement Analytics 100

NC State SCRC

MARCH 25, 2021

Because procurement executives were so focused on cost, they did not worry about shipment velocity. Well, what about air freight? Can’t we just pay more for premium freight. For many years, as we moved to low cost countries, the shipping industry benefited. So what is this costing companies?

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Cargo Waste Reduction Material Savings 52

Enterra Insights

APRIL 4, 2018

Also, the expanse and coverage of these technologies have multiplied, as enterprises continue to integrate with suppliers, co-packers, manufacturers, warehousing teams, and procurement service providers. ” Cognitive technologies can help those exercises as well as contribute to other areas of risk management.

Risk Management 100

Risk Management Supply Chain Design Software Supply Chain Planning Software Analytics Software 100

Talking Logistics

NOVEMBER 30, 2015

So the portfolio management approach basically says, “If I have a lot of freight and I can identify the freight flows that I have — inbound, outbound, and inter-facility — and I have data [about the nature of my freight], what capacity is available to move that freight?”

Optimal Sourcing 100

Optimal Sourcing Network Optimization Price Mitigation Strategies Optimization Software 100

BlueYonder

FEBRUARY 11, 2019

its transportation management and how well it continually procures, plans, executes and monitors freight. Today, a company’s success is largely driven by: its network design and how that company manages its supply, production and distribution locations. Let’s take a closer look at each of these key areas. Network design.

Supply Chain Design 40

Supply Chain Design Optimal Sourcing Inventory Reduction Supply Chain Optimization 40

Supply Chain Matters

DECEMBER 21, 2022

While FedEx is exercising a far-reaching cost control and global capacity adjustment, UPS is leveraging a targeted customer profitability and segment operations efficiency strategy. FedEx Freight pension plan. percent for its LTL Freight unit, beginning in January 2023. These are structural changes related to benefits.

Cost Reduction Strategies 59

Cost Reduction Strategies Expense Reduction Sourcing Strategies Purchasing Skills 59

Talking Logistics

JULY 16, 2014

Intelligent procurement. Freight payment accuracy. Nicholas shared some ideas on how can companies get over that hump to create their baseline, along with where they can expect to find savings, which he grouped into eight categories: Routing effectiveness. Load building utilization. Mode selection. Use of preferred carriers.

Optimal Sourcing 136

Optimal Sourcing Network Optimization Supply Chain Network Software Optimization Software 136

Talking Logistics

DECEMBER 11, 2014

Simply put, I admit upfront that my supply chain and logistics predictions below are biased and flawed, but I make them anyway because it’s a fun exercise, and also because I hope it generates some thoughtful conversations and ideas. Shippers and carriers continue to shift away from long-haul trucking and one-way freight.

Predictive Analytics Software 201

Predictive Analytics Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics 201

Supply Chain Matters

FEBRUARY 23, 2023

Supply Chain Matters highlights the increasing realities of declining global trade and freight rates that are occurring in the first-half of 2023. Our specific prediction was that manufacturers and retailers will exercise considerable pressure on carriers for re-negotiating existing transportation and logistics contracts.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Price Reduction Cost Reduction Strategies 52

Supply Chain Game Changer

JULY 2, 2021

We’ve interviewed executives in Retail , Public Sector , Procurement and other industries and disciplines to get a sense of how the industry is reacting, not only to navigate the immediate challenges, but to future proof themselves from future disruption. The latest major disruption that has the entire supply chain world buzzing?

Shipping 105

Shipping Agile and Lean Supply Chain Supply and Demand Price Reduction 105

CH Robinson Transportfolio

OCTOBER 28, 2014

Conduct a procurement exercise at the same time of year, every year. But before you choose, measure how much freight your carriers are actually hauling, compared to what they promised. Can they step in and move additional freight volumes in a pinch? Maintain a stable set of service providers from year to year.

Negotiating Skills 69

Negotiating Skills Pricing Training Agile and Lean Supply Chain Supply Chain Planning 69

TMC

JULY 21, 2016

Insights for Procuring a TMS in a Large Company. Having a centralized corporate procurement function already in place is valuable. But, to be most effective, the team must have transportation expertise and its buying practices should be aligned with the company’s culture as well as the demands of its freight network.

Optimal Sourcing 54

Optimal Sourcing Procurement Solutions Procurement Pricing Training 54

TMC

JUNE 22, 2017

Having a centralized corporate procurement function already in place is valuable. But, to be most effective, the team must have transportation expertise and its buying practices should be aligned with the company’s culture as well as the demands of its freight network. We welcome your thoughts and opinions!

Optimal Sourcing 54

Optimal Sourcing Procurement Solutions Procurement Purchasing Training 54

TMC

JUNE 22, 2017

Having a centralized corporate procurement function already in place is valuable. But, to be most effective, the team must have transportation expertise and its buying practices should be aligned with the company’s culture as well as the demands of its freight network.

Optimal Sourcing 48

Optimal Sourcing Procurement Solutions Procurement Purchasing Training 48

TMC

JUNE 22, 2017

Having a centralized corporate procurement function already in place is valuable. But, to be most effective, the team must have transportation expertise and its buying practices should be aligned with the company’s culture as well as the demands of its freight network. We welcome your thoughts and opinions!

Optimal Sourcing 48

Optimal Sourcing Procurement Solutions Procurement Purchasing Training 48

Talking Logistics

AUGUST 19, 2015

The exercise, however, provided me with a great list of reminders of what I heard and learned at the conference, which I will share with you today. Freight Audit and Pay. Solutions addressing the financial side of the supply chain, including Procure-to-Pay, is another core differentiator for GT Nexus. In-transit Visibility.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Conference Supply Chain Network Software 100

Supply Chain Matters

JULY 15, 2022

The company will henceforth outsource the manufacturing of its stationary exercise bikes and treadmills to a Taiwan based contract manufacturer. The company was eventually forced to transport its bikes and equipment by more expensive air freight to avoid congested U.S. port backups, which added to overall costs and diluted margins. .

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

CH Robinson Transportfolio

APRIL 14, 2015

Flatbed Procurement: What’s Your Strategy? Even shippers who have more difficult freight requirements can improve acceptance rates and thrive during a tight flatbed market. Do you conduct procurement events often enough and at the right time? All freight is not created equal. What value can a procurement expert add?

Price Reduction 34

Price Reduction Optimal Sourcing Procurement Price Mitigation Strategies 34

CH Robinson Transportfolio

OCTOBER 2, 2015

Conduct a procurement exercise at the same time of year, every year. But before you choose, measure how much freight your carriers are actually hauling, compared to what they promised. Can they step in and move additional freight volumes in a pinch? Maintain a stable set of service providers from year to year.

Negotiating Skills 34

Negotiating Skills Agile and Lean Supply Chain Pricing Training Supply Chain Planning 34

Logistics Bureau

JANUARY 30, 2017

Strange as it may seem, many business leaders don’t have the answers to these questions , because they’ve never conducted an exercise to understand the costs involved with supplying their customers. A Lack of Freight-cost Knowledge. B) Using the wrong carrier and paying more for your freight than you need to.

Supply Chain Design Software 40

Supply Chain Design Software Negotiating Skills Supply Chain Planning Software Network Design Software 40

Ware2Go

MAY 17, 2022

This guide contains everything you need to know about freight shipping and logistics so you can make informed decisions for your business. Learn the difference between LTL vs FTL, how to find the best rates, and what services to expect from a freight provider. Table of Contents: Navigating Freight for Your Business.

Freight 52

Freight Logistics Network Optimization Software Shipping Negotiating Skills 52

Logistics Bureau

JANUARY 25, 2017

The variety of functions involved – product design, procurement, warehousing, production, transport, distribution, sales, for instance – encourages demand for new employees and multiplies possibilities for moving around inside too. Supply chain is often what people define it to be. Transportation (transportation manager, fleet manager).

Negotiating Skills 40

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Purchasing Skills 40

GlobalTranz

FEBRUARY 24, 2015

When you want to drive down your logistics and transportation spend, the very first thing that you need is freight and transportation data. Accurate freight and transportation data is particularly important. With freight costs rising, the task of teasing out hidden costs is becoming increasingly critical.

Transportation 120

Transportation Cost Reduction Strategies Freight Price Reduction 120

Enterra Insights

JUNE 22, 2021

Cassidy ( @WillB_Cassidy ), Senior Editor at The Journal of Commerce , writes, “US shippers and transportation providers need to start preparing now for a potentially destructive 2021 hurricane season along the East and Gulf coasts, according to digital freight marketplace Convoy. 6] Ibid.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Supply Chain Strategy Modeling 130

NC State SCRC

NOVEMBER 21, 2017

The biggest issue today that shippers have to worry about is freight loss claims, personal injury, and of course, liability! ” Are you exercising too much control over the load and the driver? What are the biggest concerns in times of claims, injury, and documentation of claims? Who am I sharing it with?

Real-time Visibility 40

Real-time Visibility Transportation Los Angeles Just-in-Time 40

Logistics Bureau

OCTOBER 19, 2017

Taken to extremes, reckless spending on business continuity might even make your business go bankrupt, which would defeat the point of the exercise. For example, a flexible transport strategy could use different freight forwarders or use rail and road in parallel. There is no one-size-fits-all approach to #business continuity.

Agile and Lean Supply Chain 45

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software 45

Supply Chain Game Changer

JANUARY 12, 2021

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.

Supply Chain Design Software 57

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Strategy 57

Supply Chain Game Changer

JUNE 16, 2020

This must include contingent capacity to be exercised if needed. Their Sales teams will want to pad forecasts and hedge demand but their Procurement teams will want to give you forecasts that they are more confident in. supplychainmanagement #riskmanagement #procurement #logisticsmanagement. Demand Volatility.

Supply Chain Risk Management 57

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Design Software 57