Supply Chain Matters

MAY 22, 2023

freight and logistics industry continues to mitigate recessionary conditions including the April 2023 Logistics Manager Index reaching its lowest level lowest level in six years and one-half years. freight, logistics and parcel movement industry. Supply Chain Matters highlights continued evidence that the U.S.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

But decisions about how many barrels to produce or how many ships to sail have to be made in advance. But spiking rates led many ocean carriers to skyrocketing profits while the drop in trade volumes led to bankruptcies, bailouts, and financial pain for most other parts of the logistics industry. Is ocean freight pricing broken?

Purchasing Skills 217

Purchasing Skills Price Reduction Freight Supply Chain Software 217

Ware2Go

JUNE 20, 2023

See the latest insights on ocean freight rates and other trends that fast-growing businesses should know about to plan for 2023 peak season. In this article: Ocean Freight: Key Stats & Industry News Ocean Freight Shipping: What to Watch For In 2023 Freight Shipping From China & Alternatives What Are The Current Ocean Freight Rates?

Negotiating Skills 98

Negotiating Skills Supply Chain Planning Software Supply Chain Planning Freight 98

Freightos

FEBRUARY 28, 2022

Which brings us to international freight. It’s challenging to get fixed prices for global freight. Conversely in 2021 when rates were sky high, suddenly companies that had negotiated fixed rates couldn’t get their cargo on the ship without paying an extra premium surcharge. Hedging for freight price volatility.

Negotiating Skills 177

Negotiating Skills Shipping Price Reduction Supply Chain Planning 177

Freightos

JUNE 15, 2021

Disclaimer: This article is a zoom out for the less freight-inclined. If you have a deeper understanding of freight, you might want to check out our Freightos Baltic Index daily container index instead. Let’s talk freight. . And it’s not just ocean freight. Container shipping costs are usually shockingly low.

Global 395

Global Supply Chain Price Reduction Supply and Demand 395

GlobalTranz

DECEMBER 22, 2020

That trend also plays into an extended peak shipping season and ongoing tightened capacity in all modes. To help shippers prepare, we will examine contributing factors that will play a significant role in the 2021 truckload freight market. Consumer Spending Shifts Will Continue To Impact The Truckload Freight Market.

Forecasting 156

Forecasting Forecasting Software Freight Inventory Reduction 156

Supply Chain Game Changer

SEPTEMBER 21, 2022

10 Tips To Be A Successful Freight Broker! The Supply Chain industry provides vast employment opportunities, from procurement to warehouse inventory, management, and shipping. The terms freight broker and freight agent are often confused in the cargo and shipping sector. What Does A Freight Agent Do?

Negotiating Skills 96

Negotiating Skills Freight Purchasing Skills Optimal Sourcing 96

Freightos

OCTOBER 25, 2023

More Resources Home October 25, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Judah Levine October 25, 2023 Unbox your Freight knowledge.

Asia 177

Asia Europe Price Reduction Freight 177

Logistics Viewpoints

MAY 25, 2021

The global supply chain is routinely beset by challenges, both large and small, but the past couple of years have delivered a string of significant logistics disruptions that have threatened to upend the tightly choreographed dance of global freight transportation. That’s starting to change. More and more large U.S. In the U.S.,

Supply Chain Planning Software 321

Supply Chain Planning Software Sustainability Supply Chain Software Inventory Reduction 321

GlobalTranz

MAY 24, 2016

Using less-than-truckload for medium-sized shipments is one of the great innovations in shipping. It produces results at a fraction of the cost of full truckload (FT) or small package shipping. The ideal TMS can maximize the efficiency of a warehouse and directly affect inventory management. Freight Consolidation.

Purchasing Training 137

Purchasing Training Negotiating Skills Supply Chain Design Software Forecasting Software 137

Intelligent Audit

JANUARY 10, 2023

During what is typically peak season in customer demand, what we’re seeing instead is reduced shipping demand and declining freight rates. The year 2022 saw the challenge of retailers having overstocked inventory created by inventory gluts from COVID demand changing. These three parcel shipping strategies can help.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Real-time Visibility 52

GlobalTranz

FEBRUARY 4, 2019

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel.

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 120

GlobalTranz

APRIL 27, 2017

How Big Is the Problem Of Inbound Freight Management? Inbound freight management is receiving a lot of attention as businesses continue to look for ways to manage shipping costs. If you’re looking to save costs on shipping, take a look at inbound shipping. It is complicated, that’s why.

Negotiating Skills 144

Negotiating Skills Freight Vendor Strategies Cost Reduction Strategies 144

Logistics Viewpoints

SEPTEMBER 28, 2021

If you’re Home Depot, you reserve an entire ship for your own exclusive use. Real-time transportation visibility platforms tell shippers and their broker/carrier partners where their freight is at any point on its journey. In light of all of this, I’d posit we can no longer look at the events of the last year as an aberration.

Rail Software 188

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

Intelligent Audit

MAY 26, 2022

In an industry that has become so essential and dominant, it would make sense to assume all carriers and truckers follow a shipping freight costs standard for bill payment. However, there is no all-encompassing standard; freight costs can vary significantly based on several factors. What Affects Shipping Freight Costs ?

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Freight Supply Chain Software 52

Unleashed

JULY 25, 2023

The inventory turnover ratio measures how often stock is sold and replaced over time. 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. Inventory turnover is expressed as a financial ratio.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. This guide for manufacturers explains how it works and explores the most effective ways to manage inventory in manufacturing. In this manufacturing inventory management guide What is manufacturing inventory management?

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Turvo

NOVEMBER 16, 2021

Although the US economy is getting back on its feet, the supply chain industry continues to grapple with disruptions, some of which have been hampering operations since early 2020. During the holiday shopping season, sky-high ocean freight rates are major contributors that will strain the industry and shoppers alike.

Freight 85

Freight Supply Chain Planning Software Supply Chain Planning China 85

Turvo

JULY 20, 2021

For most shipping managers today, the two most significant challenges involve addressing shipping exceptions and overcoming supply chain disruptions. Identifying, addressing, and overcoming exceptions within the shipping network chain is essential for maintaining effective handling and processing. But what does it mean? .

Shipping 97

Shipping Inventory Reduction Supply Chain Planning Software Price Reduction 97

Supply Chain Game Changer

JULY 2, 2021

Shipping container shortage article and permission to publish here provided by Sam White at Argentus. The massive global shipping squeeze. In their story about the shipping shortage, the CBC quoted shipping analyst Alan Murphy, who detailed how this changing demand has massively disrupted the global shipping market.

Shipping 105

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

Supply Chain Game Changer

DECEMBER 17, 2020

What’s the Difference Between Freight Management and Logistics Management? Freight Management services article and permission to publish here provided by Saheer Gurjot. According to Steele’s Transportation Group , freight management services help companies more efficiently move freight from one point to an end destination.

Logistics Network Optimization Software 78

Logistics Network Optimization Software Freight Expense Reduction Cost Reduction Strategies 78

Talking Logistics

AUGUST 13, 2018

Companies across all industries are dealing with rising transportation costs and a key question many CEOs, CFOs, and supply chain executives are asking is, “What can we do to better manage and control our freight spend in today’s market?” Rising Freight Spend . One area that can quickly yield benefits is in parcel shipping.

Negotiating Skills 103

Negotiating Skills Optimal Sourcing Optimization Software Price Mitigation Strategies 103

GlobalTranz

SEPTEMBER 23, 2021

Let’s consider these top factors affecting the trucking market, their implications on supply chains and how they are driving change within the industry. . High freight volumes across all industries in the trucking market are expected to continue into 2022.? Legislation may also affect change in the industry.?

Optimal Sourcing 308

Optimal Sourcing Prescriptive Analytics Software Pricing Training Negotiating Skills 308

20Cube Logistics

FEBRUARY 17, 2022

However, along with the industry, the role of a logistics manager is also evolving. The rapid rate of technological change and faster access to a greater amount of data are resulting in a transformation of the freight forwarding process. It can be quite challenging to gather the data for such requests. Making the Most of Technology.

Freight 75

Freight Resource Reduction Cost Reduction Strategies Inventory Reduction 75

The Logistics of Logistics

JUNE 23, 2022

When asked what peak season is, it’s easy to assume the holidays are the only peak shipping season. However, four shipping seasons occur throughout the year and are often regular and expected. That was the case until the ongoing disruptions of the past few years changed the shipping game. Q2: The Produce Shipping Season.

Supply Chain Planning Software 237

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 237

GlobalTranz

JANUARY 21, 2019

We will turn over each stone and consider how innovative technology will shape the future of shipping and logistics. So, let us reflect on the peak shipping season trends we saw at the close of 2018 and how those trends will affect the industry now and throughout 2019. Meanwhile, inventory levels rose 3.6 Download Here.

Trends 152

Trends Shipping Purchasing Skills Supply Chain Software 152

Logistics Viewpoints

MAY 26, 2023

Target’s inventories at the end of the last quarter were 16 percent lower than the same period a year ago and Walmart cut inventories in its U.S. Inventories at U.S. Some major ocean carriers have also announced new fees for goods shipped on the route as of June 1 in response to the canal restrictions.

Negotiating Skills 202

Negotiating Skills Pricing Training Jordan Purchasing Training 202

MIT Supply Chain

MARCH 8, 2021

Why the Truck Market’s Sharp Turn Caught the Freight Industry by Surprise The MIT FreightLab’s latest industry roundtable explored the drivers behind today’s extremely tight market for truck capacity and the broader implications for supply chains. However, in U.S.

Freight 52

Freight Supply Chain Planning Software Industrial Industry 52

PINC

OCTOBER 14, 2019

Coming into 2019, issues like the tariff wars, driver shortage, and rising freight rates were high on transportation managers’ radar screens. A perennial top industry issue, the driver shortage ranked as the industry’s top concern for the second consecutive year in 2018, according to ATRI. economy expanded by 2.1%

Transportation 124

Transportation Trends Industrial Industry 124

Logistics Viewpoints

DECEMBER 5, 2022

Molex LLC offers more than 100,000 products across a variety of industries. Those industries include data communications, medical, industrial, automotive and consumer electronics. It is part of Koch Industries. There was no air freight possible then into Europe,” added Gerald van den Eijnden.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 196

Intelligent Audit

JUNE 15, 2021

Several significant disruptions have significantly impacted the automotive shipping industry in recent years. As global supply chain s emerge from the pandemic and inch toward resiliency, the automotive industry continues to struggle. This has resulted in industry-wide reductions in automobile production.

Automotive 52

Automotive Inventory Reduction Resource Reduction Cost Reduction Strategies 52

Intelligent Audit

JUNE 15, 2021

Several significant disruptions have significantly impacted the automotive shipping industry in recent years. As global supply chain s emerge from the pandemic and inch toward resiliency, the automotive industry continues to struggle. This has resulted in industry-wide reductions in automobile production.

Automotive 52

Automotive Inventory Reduction Resource Reduction Cost Reduction Strategies 52

Logistics Viewpoints

OCTOBER 31, 2022

ZF is a Tier 1 supplier to the automotive industry. When the supplier has produced the goods, they send an advanced ship notice (ASN) to ZF via SupplyOn. Which ship are the components being shipped on. After 14 weeks the ship will arrive, customs clearance and post-carriage will be done and we will get our parts.”

Agile and Lean Supply Chain 197

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Lean 197

The Logistics of Logistics

APRIL 12, 2019

I was hired as an accountant for an on-demand air charter operator that moved executives and high priority freight. We were primarily in the expedite business, targeting manufacturers of all sizes who were running just-in-time inventory systems that made an intermediary component in someone else’s just-in-time system.

Negotiating Skills 119

Negotiating Skills Freight Purchasing Skills Wisconsin 119

Supply Chain Game Changer

OCTOBER 29, 2020

Do You Have Hidden Freight Costs? Freight sourcing team article and permission to publish here provided by Katharine Barrios at xeneta.com. Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. Use of Freight Rate Benchmarking. GET our EBOOK HERE.

Sourcing Strategies 75

Sourcing Strategies Negotiating Skills Optimal Sourcing Negotiate Pricing 75

ShipBob

JULY 28, 2023

But, the fact of the matter is, if you’re transporting products overseas then you need to know how to properly fill out a shipping manifest. Understanding the ins and outs of shipping manifests, and getting them right the first time, can save you a lot of time and stress down the line. What is a shipping manifest?

Shipping 52

Shipping Cargo Material Savings Third Party Logistics 52

Zipline Logistics

JUNE 29, 2021

The freight market has been on the receiving end of several systemic shocks that continue to affect industry providers and shippers alike. And when you add in the current labor and commodity shortages along with an inflationary environment, it is apparent why freight rates have been steadily climbing.

Freight 91

Freight Trends Los Angeles Manufacturing Procurement 91