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

Unleashed

MARCH 31, 2021

You’ll see that the KPIs in both supply chain management and logistics are very similar, in that they often track the movement or storage of inventory. A lean business looking to build efficiencies would do well to try and improve this metric. Inventory days of supply. Inventory days of supply. Freight bill accuracy.

Supply Chain Planning Software 69

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 69

SCMDOJO

APRIL 9, 2024

In the world of logistics, this means enhanced operational efficiency for inventory management, route optimization, safety and security of goods, and resource allocation. AI-powered systems will enable precise predictions, route optimization, inventory management, tracking, and communication.

Supply Chain Design Software 76

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

Supply Chain Shaman

JANUARY 28, 2015

We then rated companies on their ability to manage and improve a portfolio of metrics: operating margin, inventory turns and Return on Invested Capital (ROIC). What suppliers need help with cost (LEAN, labor, freight,…)? We are also working on Sales and Inventory Operations Planning (S&IOP).

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

ShipBob

JULY 2, 2021

By using a combination of technologies like AI, machine learning, and predictive analytics, online brands can manage complex supply chains by automating warehouse operations, improving delivery times, easily managing inventory, optimizing third-party communication, and creating new customer experiences that increase satisfaction and boost sales.

Supply Chain Planning Software 98

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

BlueYonder

JANUARY 31, 2023

In a series of blog articles, the Product/Solutions Marketing team explores new business challenges and innovation solutions to change the game and manage disruptions. In this Part 2 blog post, we will continue to explore how automotive manufacturers are carrying out effective supply chain initiatives and their innovative solutions.

Automotive 86

Automotive Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 86

6 River Systems

OCTOBER 14, 2022

Technology is such a constant force for change that we tend to look at new technological innovations as almost normal — or at least par for the course. If your business is going to keep pace with its competitors in such a rapidly changing world, it’s going to need to embrace and integrate as much technological innovation as it can.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Material Savings 52

Veridian Solutions

AUGUST 9, 2018

Online and mobile innovations are at the heart of increased traceability and visibility, and products must be delivered at break-neck speeds. Big Data can analyze picking performance and identify best practices to increase performance, effectively reducing the amount of on-hand inventory needed at any given time. Download WhitePaper.

Supply Chain Design Software 53

Supply Chain Design Software Warehousing Analytics Software Optimization Software 53

GlobalTranz

JUNE 8, 2017

Big enterprises might not be that open to innovations but are hypersensitive to cost and resource savings. The cloud-based supply chain software can be customized to suit your industry, your transportation , freight-forwarding and warehousing specialty, import-export regulations. The cloud-based logistics has lots of metric tools.

Logistics Network Optimization Software 200

Logistics Network Optimization Software Resource Reduction Cost Reduction Strategies Modeling Software 200

GlobalTranz

APRIL 8, 2015

New, innovative technology platforms have greatly sped the expansion and evolution of transportation as well as logistic solutions. This type of highly visible environment also allows data so that performance metrics can operate in a more efficient and powerful way. We call this SaaS TMS model Hybrid SaaS TMS. Real Results.

Supply Chain Network Software 120

Supply Chain Network Software Logistics Network Optimization Software Demand Planning Software Modeling Software 120

Elementum

JUNE 30, 2022

Over the last 2 years, Supply Chain teams have been struggling to procure and manufacture enough inventory. Suppliers will continue to ship orders in an effort to get the inventory off their books. He will be the new Chief Executive Officer of Flexport, a freight forwarding company. How could Stagflation impact Supply Chain?

Procurement Analytics 78

Procurement Analytics Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 78

QAD

JUNE 17, 2021

Even without a global pandemic and its aftershocks, manufacturing supply chains are often brittle and can break easily when disruptions occur, leading to over- or under-utilized resources, premium freight costs, inventory write-offs, lost orders and faulty decision-making. Complete Customer Management.

Supplier Management 97

Supplier Management Supply Chain Planning Software Supply Chain Planning Supply Chain Software 97

Logistics Bureau

JANUARY 19, 2016

Lack of ability to innovate. Work on employee engagement to improve accountability and encourage innovative thinking. Implement performance metrics and monitor a selection of key performance indicator. The problem is usually created by holding too much static inventory. Freight Costs. Lack of accountability.

Supply Chain Planning Software 40

Supply Chain Planning Software Cost Reduction Strategies Negotiating Skills Agile and Lean Supply Chain 40

Intelligent Audit

DECEMBER 13, 2021

General rate increases are expected to be higher than in the past as shippers and carriers attempt to balance costs and expenses during ongoing recovery as we saw just last week with Central Freight Lines going bankrupt after 96 years and laying off over 2,100 employees. Closely track cost accruals and secure freight payment.

Shipping 52

Shipping Cost Reduction Strategies Modeling Supply Chain Planning Software 52

Supply Chain Movement

MARCH 6, 2013

As found in past Annual 3PL Study surveys, transactional, operational, and repetitive activities such as transportation, warehousing, and freight forwarding tend to be the most frequently outsourced. Supply Chain Innovation. Many 3PL-shipper relationships are not set up to support innovation.

Third Party Logistics 60

Third Party Logistics Logistics Network Optimization Software Cost Reduction Strategies Inventory Reduction 60

BlueYonder

NOVEMBER 15, 2021

which is constantly monitoring the end-to-end supply chain in real time for exceptions — identifies the missed delivery, supply planning engines apply AI to fill supply gaps, including the identification of alternative suppliers and excess inventory across the network. Demand planning.

Supply Chain Planning Software 83

Supply Chain Planning Software Supply Chain Software Supply Chain Optimization Supply Chain Planning 83

Gravity Supply Chain

MAY 20, 2022

Just-in-time (JIT) inventory management became crucial to the nation’s meteoritic industrial growth, including Toyota’s eclipsing North American and European automakers as the world’s largest automakers for their time. This corporate management innovation eventually became standard operating procedure throughout the West.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Supply Chain Software Predictive Analytics Software 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

Logistics Bureau

SEPTEMBER 3, 2017

Insights and innovation. Long-term collaborative partnerships are often the most innovative way to develop processes to decrease costs and increase value for each enterprise. Successful innovation is driven externally by customers and suppliers, as much as internally. Business Priorities and Innovative Thinking.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40

Logistics Bureau

SEPTEMBER 3, 2017

Insights and innovation. Long-term collaborative partnerships are often the most innovative way to develop processes to decrease costs and increase value for each enterprise. Successful innovation is driven externally by customers and suppliers, as much as internally. Business Priorities and Innovative Thinking.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40

QAD

FEBRUARY 26, 2019

In fact, 23 percent of its GDP in 2017 went to investments in fixed capital and inventories. The seven registered air freight carriers in Belgium carried 1.4 billion metric tons of goods in 2015. Supply Chain Infrastructure for Manufacturing. Belgium’s transportation and communication pathways are robust.

Belgium 66

Belgium Manufacturing Procurement Netherlands France 66

Unleashed

JUNE 23, 2021

Best practice inventory management – and the wider world of supply chain management – has played a big part in business survival through 2021. With that in mind, here’s our pick of the 10 most important inventory management trends for 2022. 10 inventory management for 2022: 1. Inventory analytics goes mainstream.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

Intelligent Audit

NOVEMBER 10, 2021

Strong RFP supply chain management practices and carrier network optimization services will allow for continued growth and success in the modern supply chain and freight shipping network.It’s important to understand the full scope of optimization, including what it is and how your team can improve it. What Is Carrier Contract Optimization?

Optimal Sourcing 52

Optimal Sourcing Network Optimization Software Network Optimization Supply Chain Network Software 52

Turvo

FEBRUARY 17, 2021

One of the most significant challenges the shipping industry faces is related to real-time freight analytics. ” Using real-time freight analytics effectively can be a game-changer for companies. ” Using real-time freight analytics effectively can be a game-changer for companies. It’s a win-win for everyone involved.

Real-time Visibility 56

Real-time Visibility Prescriptive Analytics Software Predictive Analytics Analytics Software 56

ShipBob

SEPTEMBER 3, 2021

This includes the implementation of the latest logistics innovations , such as automation, data and analytics reporting, robotics, and AI learning. For instance, by implementing real-time inventory management system, changes in inventory levels are automatically updated. Implement an inventory management system.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Inventory Management Software 97

Turvo

JULY 27, 2021

A report based on a survey by Finances Online found that the most critical inventory management practices for companies were forecasting (61.3%), warehouse management (50%), logistics (46.8%), and back-end technology (32.3%). And technology can go a long way in promoting end-to-end visibility, including: Inventory visibility.

Real-time Visibility 90

Real-time Visibility Supply Chain Software Supply Chain Network Software Analytics Software 90

Enterra Insights

MAY 10, 2022

According to innovation expert Sunnie Giles ( @sunnie_giles ), “VUCA is a concept that originated with students at the U.S. Cecere concludes, “Companies need to be aligned to a common set of metrics in a balanced scorecard to mitigate risk. Functional metrics introduce risk and throw the supply chain out of balance.”

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 130

GlobalTranz

JULY 7, 2021

Among the services which they provide are transportation, warehousing, cross-docking, inventory management, packaging, and freight forwarding.”. It includes brokerages and freight forwarders, but there comes a point at which simply outsourcing to a single 3PL or even several 3PLs grows too complex to handle.

3PL 210

3PL Third Party Logistics Logistics Network Optimization Software How To 210

BlueYonder

SEPTEMBER 19, 2023

Should we be excited or scared by the possibilities created by today’s rapid technological innovations? If advanced technology intimidates you, consider that the exponential pace of innovation we’re seeing today is not new. As supply chain professionals, we’re in an age of extreme innovation that’s thrilling, but not unprecedented.

Logistics Network Optimization Software 77

Logistics Network Optimization Software Optimization Software Supply Chain Planning Software Supply Chain Network Software 77

Intelligent Audit

NOVEMBER 5, 2021

Industry respondents said they don’t see an end to current freight conditions, and 2022 TL rates are expected to be up approximately 5.25% compared to this year.” Within the United States, freight transportation price increases get reported 30 days prior to going into effect. Track Cross-Industry Metrics.

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Inventory Reduction Material Savings 52

GlobalTranz

OCTOBER 19, 2015

Transportation management is no longer a tactical approach to simply moving freight and doing it at the lowest possible cost. Controlling Inventory Flow & Driving Warehouse Efficiency. Working with carriers and all the freight you manage to create continuous movement strategies is a win-win approach.

Transportation Management 120

Transportation Management Resource Reduction Cost Reduction Strategies Optimal Sourcing 120

6 River Systems

DECEMBER 13, 2019

Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery. ” – Emma Sturgis, 10 Great Warehouse Optimization Tips for Small Businesses , Fishbowl Inventory 4. “Warehouse optimization starts with an efficient layout.

Optimal Sourcing 81

Optimal Sourcing Optimization Software Price Mitigation Strategies Modeling 81

Intelligent Audit

DECEMBER 13, 2022

Facing Falling Volumes, FedEx Freight Furloughs Drivers. 3, FedEx Freight began furloughing an undetermined number of drivers, according to reporting from FreightWaves. FedEx Freight, the largest LTL carrier currently operating in the U.S., USPS Releases On-Time Performance Metrics. FedEx Announces Space and Pace Pilot.

Price Reduction 52

Price Reduction Waste Reduction Cost Reduction Strategies Inventory Reduction 52

6 River Systems

JUNE 29, 2020

As global supply chains start the long process of recovery, supply chain management is in the spotlight, and new best practices and innovative strategies are emerging as supply chain leaders aim to reduce risk in an uncertain future. “Think beyond your four walls to how you can better collaborate and innovate with your suppliers.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

TMC

JULY 10, 2018

We recently participated in two conferences that both focused on this topic: Transparency 18 , a freight visibility summit hosted by FreightWaves, and the Gartner Supply Chain Executive Conference —Move to Mastery: Innovate, Disrupt, and Scale the Digital Supply Chain. So why does this matter? Digital Transformation.

Supply Chain Transformation 62

Supply Chain Transformation Gartner Supply Chain Software Supply Chain Strategy 62

6 River Systems

DECEMBER 11, 2018

As the biggest players in fulfillment, distribution and omnichannel retail continue to push boundaries, logistics and planning strategists are forced to innovate. Maintain and expand your inventory management strategies. “Maintaining inventory accuracy is important for both your customer-facing systems and your internal ones.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

Supply Chain Game Changer

NOVEMBER 25, 2018

Inventory Turns 3. (10%). Return on Assets (ROA) and Inventory turns are also a part of the scoring process. There is no question that the Supply Chain of any business usually has a significant impact on ROA and certainly on Inventory turns. Further an Inventory turn of 1.0 combined with an Inventory turn of 1.2

Gartner 60

Gartner Supply Chain Design Software Supply Chain Software Supply Chain Design 60