GlobalTranz

NOVEMBER 30, 2021

Capturing carrier data gives you more visibility into your freight spend and enables you to make data-driven decisions that positively impact your business. Forecast Demand?with?Analytics. Download the White Paper: Over the Road Freight Management Trends. Identify and Apply Freight Consolidation Opportunities. a shipment?doesn’t

Optimal Sourcing 221

Optimal Sourcing Rail Software Transportation Sourcing Strategies 221

Turvo

JUNE 12, 2020

Maintaining a freight broker business and helping it stand out from the crowd is more difficult than ever. Unfortunately, that does not always amount to spending money reasonably and maintaining control over freight spend. For those operating a freight broker business, the challenges are greater. Delays in paying carriers.

Analytics Software 53

Analytics Software Analytics Expense Reduction Cost Reduction Strategies 53

Talking Logistics

SEPTEMBER 12, 2017

The four key methods here will help you drive more success as you bring the metrics to life on your warehouse floor: 1. Show the “story” of your metrics with quarterly and yearly growth charts; show how far you’ve come as a team over time. As a leader, you need many tools to eliminate this mindset.

Metrics 106

Metrics Supply Chain Planning Software Supply Chain Software Supply Chain Planning 106

Intelligent Audit

MARCH 15, 2022

International freight audit software can make it easier to manage freight costs, profits, and budgeting concerns. . Freight audit and payment software make it easier to manage international freight relationships and partnerships, and shippers must understand how they can benefit from payment auditing software.

Supply Chain Design Software 52

Supply Chain Design Software Analytics Software Supply Chain Network Software Network Optimization Software 52

DAT Solutions

FEBRUARY 8, 2021

Without a deep well of data, forecasting falls apart immediately. For example, in the transportation industry, some models attempt to compensate for the absence of true supply-and-demand metrics by using secondary data like tender acceptance and rejections as a way to proxy truckload capacity.

Forecasting 91

Forecasting Modeling How To Freight 91

GlobalTranz

NOVEMBER 8, 2018

Lackluster insight into freight spend and poor freight management controls. Data Analysis Enhances E-Commerce Forecasts and More Take a moment to consider what goes into managing e-commerce fulfillment. This is about demand forecasting and understanding the ability of a facility to handle changes in demand. Download Here.

Analysis 151

Analysis Data Forecasting Software Forecasting 151

GlobalTranz

MAY 24, 2016

The ideal TMS allows you to see where your resources currently are, and forecasting abilities give you the ability to determine what resources are available to train new hires. Freight Consolidation. Sometimes, the lines between FT and LTL are blurred, especially when all LTL shipments are compiled into FT via freight consolidation.

Purchasing Training 137

Purchasing Training Negotiating Skills Supply Chain Design Software Forecasting Software 137

SupplyPike

APRIL 10, 2020

Learn how to: Keep your logistics on time and prepared Maintain your replenishment goals Properly forecast and redefine your demand plan Use technology to help. You should also check your event forecast frequently, multiple times per week preferably. Forecasting. Another solution is to create inventory reserves.

Supply Chain Planning Software 98

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

SCMDOJO

APRIL 9, 2024

Leveraging telematics in logistics makes it easy to access real-time information like vehicle location and status, deviations from planned schedules, traffic situations, driving behavior, vehicle diagnostics, maintenance issues, vehicle metrics that affect fuel efficiency, and more.

Supply Chain Design Software 76

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Design 76

ThroughPut

FEBRUARY 23, 2024

12 Key Supply Chain AI Use Cases Supply chain AI Use Case 1: Demand Forecasting Market instability is the Achilles heel of demand forecasting right now. And the effect of inaccurate demand forecasting is felt across the supply chain. Just about everyone in the supply chain gets negatively impacted by wrong forecasts.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Talking Logistics

JUNE 30, 2015

Transportation has followed the same evolutionary pattern, moving upstream from day-to-day freight transactions to an integral component of top-level corporate planning and procurement strategy. Going forward, it is vital that shippers analyze their freight spend and if required renegotiate their rates regularly to remain competitive.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

Logility

JANUARY 12, 2021

Factors such as on-time delivery, freight cost per unit shipped, and transit time are assigned metrics and weighted averages to help users determine how well carriers are performing overall. Take freight rates, for example. Dashboarding. Essentially, the dashboard determines whether a transportation system is effective.

Prescriptive Analytics Software 131

Prescriptive Analytics Software Supply Chain Planning Software Analytics Software Predictive Analytics Software 131

GlobalTranz

AUGUST 31, 2018

The emergence of cloud-based platforms and Big Data increases forecast accuracy, eliminates unnecessary stock, and achieves truly optimized slotting designs. Manage inbound and outbound freight vendors with a robust, precise inbound freight routing guide. Optimize warehouse design. Consider current and future needs.

Supply Chain Design Software 121

Supply Chain Design Software Warehousing Analytics Software Optimization Software 121

4WL Consulting

JULY 8, 2015

There’s been a shift from executing daily freight transactions to integrating top-level corporate planning and procurement strategies. To build a competitive chain supply management, here are strategies you may need to incorporate if you’re looking to elevate freight management in your organization.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Optimal Sourcing 100

ShipBob

JULY 2, 2021

Demand forecasting. Tech-enabled demand forecasting has shown to reduce supply chain errors by 30 to 50%. With inaccurate forecasting, it’s easy to lose out on sales due to inaccurate inventory data, which leads to understocking or overstocking issues that result in lost profits. . Forecasting future demand.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Sourcing Strategies 98

Unleashed

JANUARY 14, 2024

This includes key activities such as the forecasting, ordering, receipt, storage, and auditing of inventory items. Ordering larger quantities also helps you to achieve economies of scale and reduces freight and transport expenses, but too much raw material inventory means an increased risk of waste.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Turvo

SEPTEMBER 29, 2021

According to Inbound Logistics , 2020 went through an 18-month cycle in record time, and no professional or forecast could have predicted such growth. Collaborative technology can share shipment details in real-time, keeping freight organized and everyone on the same page. . Shorten the Payment Clock With Integrated Freight Settlement.

Supply Chain Disruption 76

Supply Chain Disruption Logistics Network Optimization Software Analytics Software Optimization Software 76

ShipBob

APRIL 26, 2023

For instance, you may want to consider multiple transportation modes, like air and ocean freight, to decide which is the best option for the type of inventory you want to transport. ShipBob offers a free analytics reporting tool that will let you track all the crucial supply chain metrics in one place. What’s not to love about that?”

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Planning 52

ShipBob

FEBRUARY 26, 2024

This is where collaborative planning, forecasting, and replenishment (CPFR) comes in. What is collaborative planning, forecasting, and replenishment (CPFR)? Collaborative planning, forecasting, and replenishment (CPFR) is the method of coordinating various supply chain tasks between multiple parties (i.e., Let’s get started.

Forecasting 52

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 52

TMC

NOVEMBER 18, 2015

A major freight company employs a team of meteorologists that works closely with its flight dispatchers and contingency coordinators, for example. There is growing interest in incorporating weather forecast data from a variety of sources into supply chain planning. This post is credited to Dr. Yossi Sheffi.

Metrics 67

Metrics Supply Chain Planning Software Forecasting Software Supply Chain Software 67

BlueYonder

JANUARY 24, 2023

Can we use premium freight? And then in the tactical short-term horizon, how they get better visibility so that if a shipment is delayed, the sooner they know, the more options they have to look at as alternate sources or to expedite freight. Can we get the supplies from an alternate source? Can we expedite?

Automotive 69

Automotive Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 69

Logistics Viewpoints

DECEMBER 8, 2022

When it comes to executing mode-specific freight moves from origin to destination efficiently, reliably, and cost-effectively, transportation execution and visibility solutions play a critical role. But, if a company wants to work with a new supplier, and that supplier is in the network, metrics on that carrier also exist.

Rail Software 187

Rail Software Real-time Visibility Supply Chain Network Software Supply Chain Planning Software 187

The Logistics & Supply Chain Management Society

APRIL 26, 2022

The Freightos Baltic Index Global Container Freight Index shows the cost of shipping freight remains hugely elevated – more than double the price a year earlier. In fact, global freight rates have increased tenfold since the start of the pandemic. And this was before the Russian invasion of Ukraine began.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Logistics Viewpoints

JUNE 26, 2023

Demand sensing involves the use of the external data sources – particularly the latest sales and market data – to improve short-term forecasting and then be able to use that improved understanding of consumer behavior to improve their supply planning. The company chose 4Flow to do transportation planning and execution in Europe.

Supply Chain Planning Software 207

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 207

Supply Chain Shaman

SEPTEMBER 3, 2015

Before the benchmarking work, I believed that companies that were better forecasters would be better at inventory management. Most companies are not measuring and adapting with volatility.Analyzing forecastability of the item portfolio is a good starting place. Forecast Consumption Logic is an Opportunity for All.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Veridian Solutions

OCTOBER 2, 2018

Lackluster insight into freight spend and poor freight management controls. Data Analysis Enhances E-Commerce Forecasts and More Take a moment to consider what goes into managing e-commerce fulfillment. This is about demand forecasting and understanding the ability of a facility to handle changes in demand.

Analysis 53

Analysis Data Forecasting Software Supply Chain Software 53

Intelligent Audit

DECEMBER 29, 2021

Air freight Is Rising. Air freight rates have been a major story throughout 2021. kg, according to the Freightos Air Freight Index. Most importantly, the air freight index runs approximately one week behind, so the real impact of the Christmas Week Showdown—the immediate days leading up to the holiday, is still unavailable.

Shipping 52

Shipping Los Angeles Houston New York 52

Locus

APRIL 13, 2023

With the UAE market having nearly 100% of the population with smartphone access, the Dubai Chamber of Commerce and Industry forecasts e-commerce to generate $8 billion in sales by 2025. Longitude World Longitude World is a logistics software that helps businesses automate, optimize and manage freight forwarding services.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Optimization Software Analytics Software Supply Chain Planning Software 52

Cathy Roberson

APRIL 6, 2022

Taylor Wilkerson @THWilkerson Forecasting Here’s the thing. It helps for a supply chain to be able to forecast. Amrou Awaysheh @awaysheh Accurate forecasting Adrian N White @awhite_adrian Actionable I’d add something else: actions. Seems to me if you only define it as where things *are* you fall short.

Real-time Visibility 52

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Forecasting Software 52

Supply Chain Matters

FEBRUARY 14, 2024

Specifically, EBIDA is currently forecasted to be in a range of between $1 billion and $6 billion this year. Scenario and simulation based planning methods that quantify and weight various short and longer term impacts of global events toward key business metrics. That compares to $9.8 billion profitability performance during 2022.

Transportation 52

Transportation Supply Chain Planning Software Panama Supply Chain Software 52

Unleashed

JULY 25, 2023

It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. If you can optimise sales forecasting your inventory will turn over more regularly because it will sell, rather than sit on your shelves.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

SupplyPike

NOVEMBER 26, 2019

Having your product in stores according to your sales forecasts and correctly stocking your product helps maintain or even increase your sales and overall profit margins. Walmart breaks down OTIF into separate metrics, On Time and In Full. Each metric has its own percentage goal that must be met in order to avoid fines.

Procurement Analytics 52

Procurement Analytics Purchasing Skills Forecasting Metrics 52

Intelligent Audit

NOVEMBER 3, 2022

In today’s world, shippers often use a combination of carriers, last-mile deliverers, freight brokers, and third-party or private fleets. To achieve freight optimization , shippers need a better understanding of the best carriers for each shipment, the optimal modes, services, and ship-from locations.

Network Optimization 52

Network Optimization Supply Chain Network Software Optimization Software Modeling 52

IQMS

OCTOBER 18, 2019

Key factors influencing inventory levels, supplier quality, demand forecasting, procure-to-pay, order-to-cash, production planning, transportation management and more are becoming known for the first time. The example below shows how a wide spectrum is being used to accomplish demand forecasting, and Lennox is using machine learning today.

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 73

Supply Chain Game Changer

AUGUST 21, 2022

In order to measure the efficiency of your supply chain, companies must track certain metrics. Metrics help to prioritize activities and improve processes. Some metrics are critical to meeting regulatory requirements and contractual obligations, while others track efficiency and service, which produce higher profits.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

ShipBob

NOVEMBER 6, 2023

By doing physical inventory counts you can improve demand forecasting, minimize stockouts, maintain inventory shrinkage, and more. This helps you understand trends so you can be better informed during inventory procurement and when you’re forecasting demand. Demand forecasting is predicting future orders by using historical data.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

GlobalTranz

APRIL 14, 2017

Historically, TMSs were out of reach for companies moving less than $100 million in freight , but cloud-based systems give everyone a fair chance at the best rates. Even adding freight insurance, consolidating freight and intermodal shipments can be realized at lower costs than your company may have previously faced.

Analytics Software 122

Analytics Software Forecasting Software Predictive Analytics Software Vendor Strategies 122