ModusLink Corporation

SEPTEMBER 1, 2023

Supply Chain Management In the ever-evolving world of freight and logistics, volatility has become the new normal. Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. But what does that mean for future strategies in procurement ?

Optimal Sourcing 78

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QAD

FEBRUARY 20, 2024

Then there is the procurement of replacement materials / inventory. Depending on the circumstances, this may require expedited freight — with the associated premium costs. The post How to Address Stock Loss with Process Intelligence appeared first on QAD Blog.

Manufacturing Procurement 96

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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

MARCH 21, 2023

The Green Corridor: The Emissions of Work – How to Make a Green Working Culture by Timothy Foote , Founder of Susymbio In this month’s Green Corridor, I wanted to talk about the emissions generated by a workforce physically going to work.

Cost Reduction Strategies 130

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Talking Logistics

JULY 27, 2022

At a recent industry conference, a shipper asked me many questions about transportation procurement, such as, “How do you best determine how long and how often to have transportation sourcing events?” It’s a question many shippers are asking today as they try to figure out how to best navigate this ever-changing market.

Benchmarking 190

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Talking Logistics

SEPTEMBER 20, 2017

Peak season for ocean freight shipping is underway. This blog examines the “red” times, like the roughly three-month period we have just entered that is historically one of the regular disruptors in the ocean freight market. All of this will cause a tightening of space for ocean freight shipping. Regular disruptors. Golden Week.

Scenario Planning 106

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GlobalTranz

NOVEMBER 30, 2021

Let’s take a closer look at how to turn these practices into action. Capturing carrier data gives you more visibility into your freight spend and enables you to make data-driven decisions that positively impact your business. Download the White Paper: Over the Road Freight Management Trends. Track Carrier Performance Data.

Optimal Sourcing 221

Optimal Sourcing Rail Software Transportation Sourcing Strategies 221

Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. So how can you be sure you’re getting the best freight rates possible?

Benchmarking 68

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NC State SCRC

MAY 30, 2022

The report was published in the last month, and reflects some of the increasing challenges and disparities that exist between procurement and supply chain executives. One of the problems that often emerges in organizations is not only misalignment between procurement and supply chain, but also between senior executives and their managers.

Supply Chain Execution 98

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Talking Logistics

SEPTEMBER 4, 2022

It’s a question many shippers are asking today as they try to figure out how to best navigate this ever-changing market. Read more [Video] Why Benchmarking is the First Step to a Successful Freight Procurement Event. Read more[Video] Why Benchmarking is the First Step to a Successful Freight Procurement Event

Benchmarking 130

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Supply Chain Shaman

FEBRUARY 18, 2021

Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP. With the rising costs of accessorial charges as the freight sat on the dock, moving freight by ocean container grew more problematic. Next Steps.

Supply Chain Planning Software 278

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Supply Chain Shaman

APRIL 18, 2023

As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. The traditional leader values cost reduction but is blind on how to value time. What is normalcy?

Supply Chain Planning Software 374

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The Logistics of Logistics

OCTOBER 4, 2021

and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. Michael Leto is Co-CEO at Emerge , a company that is reinventing freight procurement (RFP).

Modeling Software 130

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Supply Chain Game Changer

AUGUST 29, 2022

What’s the Difference Between Freight Management and Logistics Management? How to become a military logistician. You can use military essay examples for academic needs on WritingBros to help you understand clearly how to plan for the efficient movement of troops and materials. Subscribe Here! Email Address.

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MIT Supply Chain

DECEMBER 15, 2020

But they do add costs and reduce the efficiency of freight networks. MIT CTL’s FreightLab believes so and is developing alternative contract formats that solidify full truckload agreements and give shippers and carriers more certainty about future freight movements. Is there a better way? A week later, on Nov. but not always.

Freight 52

Freight Optimal Sourcing Modeling Network Optimization 52

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

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GlobalTranz

OCTOBER 16, 2015

, at Cerasis, we know a thing or two about the nuances of LTL procurement. LTL procurement is something we do very well. So we thought we would impart upon all the shippers out there some tips on how to reduce overall costs for effective LTL Procurement. BONUS : Download the Guide To LTL Freight Mangement White Paper.

Negotiating Skills 120

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SYSPRO Smarter ERP

NOVEMBER 30, 2021

labor, materials and warehousing, to IT, freight and safety. It provides the facility to analyze forecasting errors, share data between departments such as procurement, identify sales trends and seasonality. Suppliers can then use your forecast to refine their own production and procurement plans. More costly operations:?

Forecasting 105

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GlobalTranz

APRIL 30, 2021

CVSA-certified inspectors will commit a blitz of inspections across North America, creating a sudden strain on resources for both domestic and cross-border freight. Consolidate parcel and LTL freight to reduce wasted space and tap additional capacity. Also known as the CVSA roadcheck, it spans three days.

Resource Reduction 297

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ivalua

JUNE 1, 2022

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed by Philip Ideson from Art of Procurement to discuss the impact of the Covid-19 pandemic on Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity.

Supply Chain Planning Software 130

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software Manufacturing Procurement 130

GlobalTranz

JULY 28, 2021

Shipment planning and execution capabilities that can be used to optimize shipments in real time, route freight, track carrier rates, manage the inbound flow of goods and integrate with the dozens, if not hundreds, of possible vendor platforms. Another Thing to Consider: Network Versus Execution-Level Optimization.

Optimal Sourcing 317

Optimal Sourcing Optimization Software Network Optimization Supply Chain Optimization 317

CH Robinson Transportfolio

DECEMBER 5, 2017

How to Use Freight Attributes to Your Greatest Shipping Advantage | C.H. In a previous post, I discussed aligning with service providers to best serve your freight attributes. Today, we’ll dig into how to and why you should accurately represent your freight. Use freight attributes to get the service you want.

Freight 34

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EC Sourcing Group

MARCH 12, 2023

Read more – Procurement Software Guide Metrics for supplier performance analysis Let’s look at some of the key categories and associated metrics that can be used to assess supplier performance. Invoice errors refer to discrepancies during the invoicing process.

Procurement Analytics 52

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QAD

JULY 8, 2021

Without the full planning horizon, suppliers are left guessing what to order and how to best allocate their production resources. When the supply chain guesses incorrectly at any level, parts shortages will inevitably lead to costly premium freight and potential production disruptions up the supply chain.

Supply Chain Planning Software 89

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Supply Chain Opz

NOVEMBER 9, 2014

That''s why we ask our experts a very simple question " How to improve the operational efficiency in global supply chain? ". Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times.

Waste Reduction 274

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Supply Chain Game Changer

JULY 30, 2019

In business it is not uncommon to hear the words “Logistics Management” and “Freight Management” thrown around interchangeably. This is extremely important when you consider the tasks at hand, the skills required, and how to fill these types of jobs. What is Freight Management?

Negotiating Skills 72

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Logistics Viewpoints

JULY 26, 2022

Shippers, despite all obstacles, are expected to reduce freight spending, drive efficiency, and improve customer service every year with incremental improvements year-over-year. Due to this awareness, freight sourcing is receiving increased interest from shippers. However, not all technologies are the same.

Optimal Sourcing 237

Optimal Sourcing Supply Chain Design Software Sourcing Strategies Cost Reduction Strategies 237

Talking Logistics

JUNE 2, 2016

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. The post How to Capture Full Divestiture Value with a 3PL appeared first on Talking Logistics with Adrian Gonzalez.

3PL 100

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The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

It seems like a simple enough concept, but it is very hard to match up the know-how to a possible local supplier when you are doing this for the first time. Have discussions about inputs, maximizing current use, and finally how to best plan a sustainable end of life. So start the conversations where needed.

Optimal Sourcing 162

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Talking Logistics

OCTOBER 28, 2014

Freight companies are eventually going to face severe challenges finding drivers to get your shipments where you want them when you want them there. Customers with a strict ‘procurement mindset’ overlook important factors like consistency, overall experience or past performance. On the surface, this sounds like a problem for carriers.

Expense Reduction 197

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Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. Certified Supply Chain Professional : Learn how to develop streamlined supply chain operations. And don’t be afraid to ask their advice on how to start out in the industry.

Supply Chain Planning Software 96

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GlobalTranz

JANUARY 6, 2016

You can download our first e-Book, "The Future Of Supply Chain, Logistics & Manufacturing: How Technology Is Transforming Industries" here. Transportation management is no longer a tactical approach to simply moving freight and doing it at the lowest possible cost.

Transportation Management 120

Transportation Management Logistics Network Optimization Software Resource Reduction Cost Reduction Strategies 120

AIMMS

OCTOBER 17, 2023

Re-evaluate supplier contracts and relationships Consolidated Procurement: Bulk purchasing often leads to better rates. Moreover, local suppliers may be more amenable to jointly investing in sustainability projects. See how TNT, one of the world’s largest express delivery companies, achieved $260 million in cost savings with AIMMS.

Optimal Sourcing 156

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Unleashed

DECEMBER 22, 2022

How to solve common cash flow problems If cash is king, cash flow is the kingdom. Inventory management software can help you plot out and cost the entire production pipeline from the supply chain through to freight. Your business must be prepared for shifts in customer behaviour if you wish to circumvent future cash flow problems.

Expense Reduction 52

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Veridian Solutions

JANUARY 29, 2020

Supply chain leaders must learn to recognize the warning signs of risky fulfillment strategies, the indicators of success, and how to maintain positive growth to stay profitable. Limited visibility in procurement. Higher freight spend. Signs That You Might Need a New Fulfillment Strategy. Book a consultation today.

Inventory Reduction 58

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The Logistics of Logistics

NOVEMBER 26, 2021

Building a Freight Juggernaut Again with Michael Leto. Michael Leto and Joe Lynch talk about building a freight juggernaut again. Michael is the CEO of Emerge , a digital freight marketplace that was built specifically for carriers and shippers. Key Takeaways: Building a Freight Juggernaut Again. Michael Leto.

Freight 130

Freight Supply Chain Network Software Logistics Network Optimization Software Phoenix 130

Talking Logistics

APRIL 22, 2019

Based on the top Talking Logistics posts and videos this quarter, it’s clear that transportation management remains a hot topic of interest — everything from how to navigate the twists and turns of the market to how to leverage transportation management systems (TMS) and emerging technologies to drive continuous improvement.

Logistics Network Optimization Software 110

Logistics Network Optimization Software Logistics Supply Chain Planning Software Inventory Reduction 110