GTG Technology Group

APRIL 22, 2019

5 Tips for Protecting Your Freight Against Cargo Thieves. Protecting freight is one of the responsibilities you have to your clients. Failure to exercise reasonable care in preventing accidents or incidents could result in you having to pay for the damages. Sources: [link].

Cargo 36

Cargo Supply Chain Design Software Freight Optimization Software 36

Talking Logistics

APRIL 6, 2017

Don’t view procurement as a tactical, routine annual exercise that must be completed quickly in order to meet your current customer demand at the lowest possible cost. Your organization needs to be agile and resilient to take on the challenges of an ever-evolving industry – instead of simply moving freight at the cheapest price.

Capacity 101

Capacity Price Reduction Sourcing Strategies Cost Reduction Strategies 101

SCMDOJO

JULY 3, 2023

Choose between a broad overview of procurement and a focused course that focuses on certain topics like strategic sourcing, contract management, or supplier relationship management. Take into account things like your current skill level, desired improvement areas, and professional objectives. Procurement and Purchasing Cycle Lesson 7.

Purchasing Training 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

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. Sourcing was both a cost as well as landed cost decision factor. The company was eventually forced to transport its bikes and equipment by more expensive air freight to avoid congested U.S.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

Intelligent Audit

OCTOBER 27, 2022

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. . Does the data come from a variety of different sources? Freight Audit in Multiple Modes.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

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

The Logistics & Supply Chain Management Society

AUGUST 15, 2021

Source: Schumacher et al. Additionally, supply chain digitalisation is never a one-off exercise but rather a continuous effort. With economies on the bounce-back, logistics continues to be the backbone of modern society and with the need for a lean freight sector. Closing Thoughts. Dr. Shereen Nassar.

Supply Chain Planning Software 246

Supply Chain Planning Software Modeling Software Supply Chain Software Analytics Software 246

Enterra Insights

APRIL 4, 2018

Globalism has been a boon to the supply chain by expanding sourcing, opening new markets, accelerating growth and highlighting opportunities to save money. to a more resilient ‘trade-game-theory’ and ‘scenario planning’ exercise to prepare for increasingly prominent political risks.”

Risk Management 100

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

3rdwave

JUNE 21, 2019

Any company that trades globally or depends on products that are sourced globally are going to find out what resiliency means. Node visibility is essential are at the source (suppliers factories) and inventory (consolidators, manufacturing facilities, distribution centers). Flexible, configurable sourcing. FTZ optionality.

Optimal Sourcing 82

Optimal Sourcing Supply Chain Optimization Agile and Lean Supply Chain Manufacturing Procurement 82

Supply Chain Game Changer

NOVEMBER 11, 2018

Starting this blog itself has been a phenomenal learning exercise. Please credit and reference all sources, facts and figures. SupplyChain #Leadership #supplychainmanagement #procurement #purchasing #logistics #freight. But as we have shared in our blog posts we always “Embrace the Possibilities!” Tell us your Story!

Guidelines 43

Guidelines Purchasing Skills Exercises Procurement 43

Resilinc

APRIL 13, 2021

7) Preferred suppliers are designated based on their transparency, sub-tier visibility, achievement of risk mitigations, participation in table-top exercises, BCP robustness and other factors. 4) The supply chain organization’s operational review includes evaluation by the corporate risk team. EMBRACE AND DRIVE CHANGE.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Strategy 62

Talking Logistics

DECEMBER 11, 2014

Brent crude oil prices Dec 2009 – Dec 2014 (Source MoneyAM.com). 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.

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 Matters

JANUARY 17, 2023

In Part Two of this blog series , we provided highlights our third prediction, that supply chain management teams will continue to exercise more direct control of direct materials sourcing, and these efforts will be a prominent element of business strategy for CSCO ’s and CPO ’s this year. Prediction Implications.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 52

Supply Chain Collaborator

AUGUST 13, 2015

The report examines the trends impacting how shippers and logistics service providers manage freight transportation processes and the technologies used in support of these processes. The 31 page report was full of valuable insights and is worth reading in its entirety.

Transportation Management 60

Transportation Management Logistics Network Optimization Software Optimal Sourcing Network Design Software 60

Freight Plus

APRIL 14, 2021

Jill Clifford, carrier sourcing expert, teaches the steps to take to create a SUCCESSFUL bid workbook The workbook can be a daunting task but if you have a carrier that doesn't want to participate in the exercise, that wasn't a carrier you wanted hauling your freight in the first place.

Exercises 52

Exercises How To Video Freight 52

Talking Logistics

DECEMBER 16, 2015

And more companies are treating Supply Chain Design as a continuous business process instead of a standalone project or a once-a-year exercise (see Supply Chain Design: Growing Scope, Community, and Collaboration ). How will transportation, inventory, and sourcing policy decisions change in light of this cheap oil environment?

Predictive Analytics Software 120

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

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. Moving forward, GT Nexus plans to extend and enhance its TMS footprint across the full TMS lifecycle: Transportation Sourcing. Freight Audit and Pay. ” #Bridges2015.

Supply Chain Planning Software 100

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

Tompkins Blog

JANUARY 15, 2014

Given that China represents the lions share of Asian sourcing, it is worthwhile to take some time to focus on its risks. While supply chain risks in China are not typically as pronounced as that of other Asian sourcing countries, the high volume sourced from China raises the total risk. And as they wait to hear about possible.

Asia 51

Asia Supply Chain Planning Software Supply Chain Software Supply Chain Planning 51

EMERGE App

NOVEMBER 4, 2018

This should serve as a general framework to source products from different countries according to their strengths. We’ve got a great guide on sourcing products from China , for example. By the time you source, produce and receive the goods, the trend would have passed. Or deal with goods that you have no experience with.

Purchasing Skills 49

Purchasing Skills Negotiate Pricing Negotiating Skills Manufacturing Procurement 49

EMERGE App

NOVEMBER 4, 2018

This should serve as a general framework to source products from different countries according to their strengths. We’ve got a great guide on sourcing products from China , for example. By the time you source, produce and receive the goods, the trend would have passed. Or deal with goods that you have no experience with.

Purchasing Skills 40

Purchasing Skills Negotiate Pricing Negotiating Skills Manufacturing Procurement 40

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.

Supply Chain Planning Software 130

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

Intelligent Audit

OCTOBER 19, 2022

The focus on visibility has generated an onslaught of transportation data — often from numerous sources. Shippers receive massive amounts of freight data, but they don’t always have the bandwidth to clean or standardize it. The data provided through freight audit payment services can create enormous opportunities for shippers.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Network Optimization Price Mitigation Strategies 52

Talking Logistics

JANUARY 11, 2019

Source: “Competing on Customer Experience: The Driving Force Behind Supply Chain Innovation,” Adelante SCM & BluJay Solutions, 2018. The full 29 percent would be exercised if Amazon orders up to 300 million euros ($346 million) of Balyo’s enabled products.”. According to the press release, “BlueShip 4.0

Logistics Network Optimization Software 101

Logistics Network Optimization Software Predictive Analytics Software Supply Chain Software Optimization Software 101

Logistics Bureau

OCTOBER 19, 2017

For example, the Disaster Recovery Journal indicates the main sources of business interruption. Taken to extremes, reckless spending on business continuity might even make your business go bankrupt, which would defeat the point of the exercise. You will have risks specific to your activity or location. Click To Tweet.

Agile and Lean Supply Chain 45

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

Shapiro

JULY 16, 2018

Freight is a variable game, but regulatory compliance requires a solid foundation of knowledge and experience. Addressing gray areas can be a difficult exercise; it requires both expert interpretation of the tariff schedule—and oftentimes expert strategies. Option 4: Consider Alternate Sourcing. “Knowledge is power.”

Price Reduction 45

Price Reduction Cost Reduction Strategies Sourcing Strategies Consumer Goods 45

Talking Logistics

MAY 5, 2015

A strategic assessment or solution design is an exercise that helps define the current state of a transportation operation. The assessment needs to be data-driven, so start by collecting freight data. If you have a freight auditor in place, request spreadsheets with every data element from the audited invoices.

Supply Chain Design Software 100

Supply Chain Design Software Transportation Material Savings Modeling Software 100

Unleashed

FEBRUARY 28, 2021

Any expanding business is today likely to receive sales orders from a range of sources, from over the phone, to email, via a presence on online platforms such as Shopify or Amazon, via channel partnerships and from salespeople on the road. When freight charges vary, margin visibility can suffer. Manual mistakes; sales order confusion.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Analytics Software 98

GlobalTranz

FEBRUARY 3, 2015

Your friends here at Cerasis already provide you with one of the best sources in the world of the latest in logistics guidance and developments. In more than 25 years of private practice and consulting with businesses of all sizes, I’ve learned that one of the most beneficial exercises is asking the right questions.

Expense Reduction 120

Expense Reduction Transportation Sourcing Strategies Atlanta 120

Logility

SEPTEMBER 16, 2022

Let me share experience from hundreds of modeling exercises. But this is the real world and reflects the optimum use of the freight market. See the table below to describe the usefulness of different data sources. If we treat a shipment table as the definitive cost for each lane, we run into three problems with our model: 1.

Modeling 130

Modeling Modeling Software Optimization Modeling Logistics Network Optimization Software 130

The Logistics of Logistics

MARCH 14, 2023

No insurance program – In the rush to onboard last mile delivery couriers, shippers may fail to verify each courier’s insurance status, increasing their risk in freight claims and opening them up to a high level of liability. This increases the company’s exposure to data breaches and puts private customer information at risk.

Supply Chain Design Software 130

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

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. Source: bestbusinesscircle.com.

Supply Chain Design Software 57

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

TMC

APRIL 20, 2017

Moreover, freight monitoring drives much of this spending, says IDC, accounting for an estimated $55.9 TMC is working with one of our customers to aggregate data from a dozen partners in their supply chain for single source of visibility. over the 2015-2020 period, reaching $1.29 trillion in 2020.

Sourcing Strategies 48

Sourcing Strategies Supply Chain Software Supply Chain Predictive Analytics Software 48

TMC

APRIL 20, 2017

Moreover, freight monitoring drives much of this spending, says IDC, accounting for an estimated $55.9 TMC is working with one of our customers to aggregate data from a dozen partners in their supply chain for single source of visibility. over the 2015-2020 period, reaching $1.29 trillion in 2020.

Sourcing Strategies 48

Sourcing Strategies Supply Chain Software Supply Chain Predictive Analytics Software 48

TMC

APRIL 20, 2017

Moreover, freight monitoring drives much of this spending, says IDC, accounting for an estimated $55.9 TMC is working with one of our customers to aggregate data from a dozen partners in their supply chain for single source of visibility. over the 2015-2020 period, reaching $1.29 trillion in 2020.

Sourcing Strategies 48

Sourcing Strategies Supply Chain Software Supply Chain Predictive Analytics Software 48

Supply Chain Game Changer

JUNE 16, 2020

A predominant issue is having single, or sole, sourced parts. If the supplier provides materials that can be sourced elsewhere then you have a path to developing a contingency plan. This must include contingent capacity to be exercised if needed. This should inform your plans for sourcing and logistics. Demand Volatility.

Supply Chain Risk Management 57

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

Supply Chain Game Changer

MAY 28, 2020

The efforts required to make this happen illustrate the challenges faced by air cargo planes in the current environment – the equipment had to be sourced from a range of countries around the world, and funnelled through Dubai en route to its final destination. How have airlines adapted?

Cargo 52

Cargo Agile and Lean Supply Chain Modeling Maldives 52