What are Freight Management Services?

Supply Chain Game Changer

What’s the Difference Between Freight Management and Logistics Management? Freight Management services article and permission to publish here provided by Saheer Gurjot. Through these services, you gain the expert logistical and supply chain support your company needs.

Are Ocean Freight Prices Absolutely Broken?

Freightos

And the lack of demand visibility is a big contributor to China-US ocean freight rates doubling to the West Coast since June, and passing $4,000/FEU to the East Coast – which was surprising as most analysts thought that rates and profits would freefall. Is ocean freight pricing broken?

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Lean Inventory: Using Lean Initiatives To Manage Inventory

Cerasis

What is Lean Inventory Management? More firms are implementing lean inventory management techniques to reduce costs, improve flexibility and have more time to focus on their customers. Lean supply chain and inventory management enable Small Medium Businesses (SMB) to improve efficiency and increase profits. What is Lean Inventory Management? Flow: Understand how inventory flows in your warehouse and apply Lean principle: 5S to clear any obstacles that do not add up.

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E-Commerce Freight Consolidation & Desconsolidation: Understanding the Role of Intermodal Freight Shipping for Successful E-Commerce Logistics

Cerasis

For shippers, the best way to handle the e-commerce logistics surge lies in e-commerce freight consolidation and deconsolidation. E-Commerce Growth Is Incompatible With Stagnate Freight Shipping Strategies E-commerce growth can boggle the mind. Unfortunately, shippers using traditional freight shipping strategies, including limited use of Intermodal freight shipping, will result in added expenses and delays in moving e-commerce freight.

Inventory Management

LeanCor

Inventory management, network infrastructure, and labor deployment are all critical components necessary to meet this intense customer demand. Inventory Management Strategy. If we’re going to get inventory into consumer hands the same day they place the order, the inventory has to be 1) available and 2) less than 8 hours away. This requires us to push the boundaries of current inventory management practices, or hold lots of inventory network-wide.

Inbound Freight Trends for 2020: A Commitment to Improving Vendor Relations

Cerasis

The leading inbound freight trends for 2020 reveal a stronger push to improve inbound logistics efficiency and lower barriers to inventory management stress. The post Inbound Freight Trends for 2020: A Commitment to Improving Vendor Relations appeared first on Transportation Management Company | Cerasis. Inbound Freight Trends Inbound Freight Trends

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What’s the Difference Between Freight Management and Logistics Management?

Supply Chain Game Changer

What’s the Difference Between Logistics and Distribution? In business it is not uncommon to hear the words “Logistics Management” and “Freight Management” thrown around interchangeably. “Logistics” and “Freight” both conjure up imagery associated with the movement and transportation of goods whether by truck, car, rail, ocean liner or any other form of transportation. What is Freight Management?

[e-Book] The Essential Guide to Inbound Freight Management

Cerasis

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. Depending on the industry and size of the company, a business can spend more than 40% of its annual freight budget on inbound shipping, according to the Aberdeen Group, a research firm in Boston. A more efficient inbound freight program can minimize delays, save money and even reduce confusion.

Transport Management System: Making your Logistics Supply Chain Successful

20Cube Logistics

With the constant technology evolution, the supply chain logistics is being introduced to a new and innovative way of shipping consignments. Saves time and money : TMS helps to reduce the amount of time and money spent on shipping and logistics services.

Make Freight Sourcing More Efficient!

Supply Chain Game Changer

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. Whether you are a BCO (Beneficial Cargo Owner), Freight Forwarder or NVOCC it is essential that you get this critical component right. These are the must-haves for any effective freight sourcing team.

[PODCAST] Why Digital Tools to Optimize Inventory Management Allows Supply Chain Execs to Stay More Strategic at Every Link in the Supply Chain

Cerasis

Hello and welcome back to another episode of “The Freight Project Podcast!” On today’s episode, we welcome Margaret Bendis, US Marketing Specialist for a company called EazyStock a cloud-based software-as-a-solution (SaaS) that optimizes inventory management. We hope you enjoy “The Freight Project Podcast.” We’ll publish every Tuesday right on the Cerasis blog and Freight Institute. How To Shift From Tactical To Strategic Logistics.

Talking Logistics: PINC and project44 Partnership Commentary

PINC

labor / scheduling), improved customer service, reduced inventory, and reduced transportation costs (linehaul, detention, etc.).”. And yet, according to Logistics Management ’s most recent Technology Usage Study, only 8% of companies are currently using a yard management system (YMS).

Inventory Optimization 101 – Smart & Effective Inventory Management

ThroughPut

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. It includes the practice of having the right levels of inventory to meet your target service levels while keeping a minimum amount of capital locked for inventory.

Inventory Optimization 101 – Smart & Effective Inventory Management

ThroughPut

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. It includes the practice of having the right levels of inventory to meet your target service levels while keeping a minimum amount of capital locked for inventory.

Shipping Less-Than-Truckload Freight in E-Commerce: Shipping Online Is More Than Just Parcel Shipments

Cerasis

According to Logistics Management, more parcel carriers are moving heavier parcel shipments to less-than-truckload freight in e-commerce because they’re overwhelmed. This creates a wonderful opportunity for shippers to eliminate the middleman costs by considering the use of less-than-truckload freight options for e-commerce. According to Emma James of Inbound Logistics, e-commerce sales for the second quarter of 2017 exceeded $111 billion in the U.S.

How to Lower Your Ocean Freight Costs!

Supply Chain Game Changer

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. Freight costs are considered by many forwarders and shippers to be a major part of their total shipment cost. Here are 15 tips for lowering ocean freight costs.

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Route Planning for Logistics and Distribution!

Supply Chain Game Changer

Do You Have Hidden Freight Costs? Route planning is essential for logistics and distribution companies as it allows them to provide a more efficient delivery service. What is route planning for logistics and distribution companies? Subscribe Here! Email Address.

Steps to Controlling Inventory Flow & Driving Warehouse Efficiency

Cerasis

Controlling inventory flow is a top priority among warehouse managers, and gaining control over inventory drives warehouse efficiency. Controlling Inventory Flow Begins With Liquidate Nonessential Products. The first step to controlling inventory flow effectively is liquidation of all non-essential products, explains Paul Trujillo of Business2Community. This will help to prevent the reordering of slow-moving products and ensure optimum inventory levels.

Vendor-managed inventory and distribution planning in the food and beverage industry – here’s something to chew on

Kinaxis

Among the many supply chain initiatives taking place today, vendor-managed inventory (VMI) has become an increasingly effective process and business model to help organizations share risk and information between vendors and customers — while benefitting from lower stockouts, reduced uncertainty and lower costs. What is vendor-managed inventory? The benefits of the vendor-managed inventory process include: Enhanced visibility for vendor. Maintaining optimum inventory levels.

Tips for Effectively Managing E-Commerce Logistics

Cerasis

Yet, as few as 33 percent of shippers have taken advantage of a transportation management system (TMS), reports Michael of Levans of Logistics Management. In order to manage e-commerce logistics and maintain cost efficiency, shippers need to know the challenges in managing e-commerce logistics, how a TMS can help, and a few tips to streamline the process. What Are the Challenges in Managing E-Commerce Logistics? E-Commerce Logistics

The Benefits of Evolved Vendor Managed Inventory Model Led by Web-Based VMI

Cerasis

So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Inventory is then put on pallets and shipped as freight. Distributors will inbound to a manufacturer the inventory needed and transportation management, especially inbound freight management, efficiency is paramount to an effective vendor managed inventory model.

Is Inventory Optimization a Key to Omnichannel Survival?

ToolsGroup

Industry analysts have pointed out an obvious fit with inventory optimization. If retailers optimize their inventory—dynamically aligning their supply chains to changing customer preferences and behavior—they can position inventory to satisfy demand at the lowest possible cost. These analytics flow to the software's multi-echelon inventory optimization component to place the inventory by location and SKU—favoring the DC location for predicted online demand.

LTL to Intermodal Shipping: How to Find and Eliminate Freight Spend Black Swans

Cerasis

Black swans in the supply chain refer to unexpected, unusual disruptions within the supply chain, reports Melanie Nuce of Inbound Logistics. For freight, managing black swan events, like risk mitigation , means finding problems that are on the verge of causing disruption and taking advantage of resources to minimize their impact. For shippers, this means finding a way to handle changes in inventory and replenishment, as well as managing outbound freight and reverse logistics.

Improving inventory management

EFT

Factory closures, blank sailings, massive cuts to air freight, reduced warehouse capacity and more have hit business-as-usual and often turned carefully calibrated chains on their head. In his opinion the way you do that is “By putting inventory close to customers.

Healthcare Logistics

LeanCor

Healthcare Logistics: A Network Design Case Study. 23 million dollars in total healthcare logistics cost savings; how would that make you feel? Constructing a total cost model and performing a Greenfield analysis to identify optimal distribution center locations and transportation network allowed the LeanCor engineers to identify $23M total healthcare logistics cost savings for a healthcare product distributor. Improved service levels with overall inventory reduction.

Top 8 Online Logistics Tools For Logistics Professionals

Cerasis

Logistics professionals require exemplary international online logistics tools to help them carry out their daily businesses with ease and deliver the best for their customers. Mobile phones can offer incredible services in any business from inventory tracking and shipments to the execution of procurement transactions. Top 8 Online Logistics Tools For Logistics Professionals. This optimization tool for inventories is cloud based. The Logistics mobile app.

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Freight Data Trends for 2019 and How a TMS Will Grow in Value

Cerasis

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. Shippers need to consider how the freight data trends will affect dropshipping, omnichannel shipping, reporting capabilities, and much more. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel.

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In House Logistics vs. Outsourced Logistics: Big & Small Brands Alike are Targeting 3PL Services

Cerasis

Outsourcing in the supply chain of logistics teams may sound farfetched. Yet in outsourced logistics simply refers to hiring a third-party logistics service, 3PL, to handle the logistics services. From securing inventory to transporting goods from Point A to Point B, 3PL are taking over as in-house logistics teams fall flat. Rechannels Logistics. Justin Brands Boots Their In-House Logistics Department to Outsourced Logistics.

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Top 15 Logistics Blog Posts of 2014

Cerasis

We continue our top blog posts of 2014 from our main categories today by focusing on something at Cerasis we are experts in : Logistics. If you are familiar with the term logistics, then you undoubtedly know it conjures up a different meaning to different people , different countries, and different companies even. There are countless number of logistics service providers who offer many different types of broad and niche services. Top 15 Logistics Blog Posts of 2014.

Vendor Managed Inventory Model for Supply Chain Cost Reductions

Cerasis

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Vendor Managed Inventory Model for Supply Chain Cost Reductions. A means of optimizing Supply Chain performance in which the manufacturer is responsible for maintaining the distributor’s inventory levels. The distributor maintains the inventory plan.

Is Freight Broker TMS Accurate? No. It's More a Freight Broker Operating Business Ecosystem

Turvo

Freight brokers face a perilous future of uncertain profitability. According to TruckingInfo , “gross margins and revenues were down for freight brokers in the third quarter of 2019, but cost reductions allowed brokers to stay profitable.” In response, more companies want a freight broker TMS. Describing a system of use as a freight broker TMS is not the most accurate description. Among freight brokers, gross margins fell to 16.1% Freight Broker TMS

Start Managing Your Inbound Freight More Effectively Today

Talking Logistics

It’s time to make inbound freight a priority and begin reaping the benefits of a program that creates win-win rewards for all supply chain partners. Frequently overlooked and often pushed to the bottom of a shipper’s supply chain agenda, good inbound freight management can help companies improve shipment visibility, save money, and enhance customer service—all of which add to the bottom line and boost profitability. Three Steps to Effective Inbound Freight Management.

The State of Uncertainty in the Freight Market!

Supply Chain Game Changer

Freight market article and permission to publish here provided by Kevin Jessop at cerasis.com. Meanwhile, the global air cargo volume has dropped significantly, explains Greg Knowler, JOC Senior Editor , “up to 5,000 tons of cargo in air freight from China to the U.S. The impacts are not just limited to air freight market changes. Some deals Jacobs had been discussing eventually went through, with XPO buying Kuehne + Nagel’s non-core logistics assets in the U.K.,

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Logistics KPIs Case Study: Whirlpool’s Supply Chain and Logistics Success Driven by Effective KPI Implementation

Cerasis

We conclude our ongoing series in talking about effective KPI management by giving you a real live Logistics KPIs management case study from Whirlpool's engagement with a logistics service level provider. The Reiterated Importance of Understanding and Managing KPIs in Business and Logistics Management. We hope the following case study shows you the proverbial proof in the pudding of effective Logistics KPIs management. . What core Logistics KPIs would you track?

Freight Brokers: Disintermediated or Growth Opportunity by Incorporating Technology?

Descartes

Given the current capacity crunch, and the huge amounts of investment capital pouring into transportation and logistics technology, there is tremendous discussion on how technology innovation will impact the industry and, more specifically, 3PLs. What will be the impact of digital freight on freight brokers? Not only would receiving be streamlined, but companies would also have much greater visibility into real-time inventory, and barcodes were going to die.