SCMDOJO

JULY 24, 2023

Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. Read More: 6 Logistics KPIs Attributes That are Essential ] What is Contract Logistics?

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

The Logistics of Logistics

AUGUST 14, 2023

Bart De Muynck and Joe Lynch discuss the connective tissue of the supply chain, which is a reference to project44. Bart is Chief Industry Officer at project44 where he drives supply chain industry thought leadership and supports customers with their logistics and supply chain strategies. The Greenscreens.ai

Gartner 196

Gartner Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy 196

Supply Chain Game Changer

JULY 30, 2019

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. What is Freight Management? But what activities are thus considered to be a part of Freight Management?

Negotiating Skills 72

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Supply Chain Game Changer

FEBRUARY 1, 2022

Featuring Our Top 16 Articles on Freight and Logistics! Logistics has been in the news a lot lately, and it will continue to be for some time to come. In March of 2021 we heard about Logistics when a ship blocked passage through the Suez Canal. What is Logistics exactly? Definition of Logistics.

Logistics Network Optimization Software 89

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GlobalTranz

DECEMBER 5, 2018

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.

Price Reduction 168

Price Reduction Resource Reduction Cost Reduction Strategies Inventory Reduction 168

Logistics Viewpoints

OCTOBER 29, 2021

And now on to this week’s logistics news. The company said it has invested more in inventory planning and partnerships with suppliers so it has enough goods on hand while making sure it can route items to where they’re urgently needed. The post This Week in Logistics News (October 23 – 29) appeared first on Logistics Viewpoints.

Logistics Network Optimization Software 191

Logistics Network Optimization Software Supply Chain Planning Software Logistics Supply Chain Design Software 191

Supply Chain Matters

OCTOBER 19, 2023

Background For some time now, Supply Chain Matters has published viewpoints on the disruptive threat that online platform provider Amazon will and has had on both online and physical retail, but also package logistics, transport and last mile product fulfillment strategies surrounding many industry sectors.

Logistics Network Optimization Software 52

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GlobalTranz

JANUARY 8, 2015

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.

Inventory Reduction 120

Inventory Reduction Agile and Lean Supply Chain Lean Waste Reduction 120

Logistics Viewpoints

NOVEMBER 17, 2022

This shortage is the culmination of various ongoing issues – geopolitical tensions related to the Russia-Ukraine war, the rapid shift in consumer buying behavior and container freight availability. The post Editor’s Choice: Aluminum Can Shortage Defines a New Normal for Food Packaging appeared first on Logistics Viewpoints.

Packaging 226

Packaging Food Manufacturing Procurement GEP 226

Unleashed

MARCH 31, 2021

However, when people refer to supply chains, they often use the terms ‘supply chain’ and ‘logistics’ interchangeably. The difference between supply chain and logistics. What is logistics? Logistics is a subset of the wider supply chain that controls the movement and storage of goods between nodes in the wider network.

Supply Chain Planning Software 69

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

Supply Chain Matters

JULY 7, 2023

Logistics Managers Index (LMI) that again dropped to an all-time low for June 2023. According to the June report summary , the primary driver of the latest decline was the inventory metric, which reportedly contracted 6.5 Supply Chain Matters provides highlights and added perspectives on the release of the U.S.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Inventory Reduction Negotiate Pricing 52

Logistics Viewpoints

JUNE 17, 2021

In logistics, not all shipments are equal. There are tiers for rates, mode, and freight class, but there’s another layer of logistics. By definition, it refers to the handling of care used when moving products in which the movers or shippers literally wear white gloves to protect the product.

Transportation Management 194

Transportation Management Logistics Network Optimization Software Transportation Supply Chain Software 194

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

RPA as it is also referred to, has the capability to transform supply chain management. For an industry that increasingly requires higher logistics pipeline velocity without sacrificing accuracy and at lower costs, RPA is a natural choice for high performing supply chain organisations. Inventory Management. Freight Management.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

GlobalTranz

APRIL 3, 2015

Outsourcing in the supply chain of logistics teams may sound farfetched. After all, outsourcing typically refers to sending jobs overseas. Yet in outsourced logistics simply refers to hiring a third-party logistics service, 3PL, to handle the logistics services. Rechannels Logistics. Target Corp.

Logistics Network Optimization Software 120

Logistics Network Optimization Software 3PL Logistics Third Party Logistics 120

Logistics Bureau

OCTOBER 24, 2022

It’s been three months already since we published our first regular roundup of supply chain and logistics news—doesn’t time fly? How retailers are reevaluating post-pandemic inventory strategies. Slackening demand for ocean freight and (at long last) falling rates for shippers. Digital Twins for Inventory and Supply Planning.

Supply Chain Planning Software 52

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Zipline Logistics

SEPTEMBER 7, 2021

If you have an order that needs to get to its destination in a hurry, expedited freight options could be your best choice for delivery. Though often a result of an unexpected need, there is still a way to control costs and ensure quality performance when arranging expedited freight services. What Is Expedited Freight?

Freight 52

Freight Negotiating Skills Manufacturing Procurement Inventory Reduction 52

Logistics Viewpoints

JUNE 26, 2023

Mr. Beery began by visiting Procter & Gamble, UPS Logistics, the devices division at Microsoft, and other companies with advanced supply chains. The second goal was to work with a fourth party logistics (4PL) partner that had invested in cutting-edge transportation management and visibility solutions.

Supply Chain Planning Software 207

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

Locus

JUNE 2, 2023

In the vast, interconnected world of supply chain management, two terms often come into focus—inbound and outbound logistics. Inbound and outbound logistics are two fundamental components of the overall supply chain management process. Here’s an explanation of both: What is inbound logistics? What is outbound logistics?

Optimal Sourcing 52

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

Freightos

NOVEMBER 11, 2021

The ”end” they refer to – whether it’s forwarding, fulfillment, or platforms for B2B or B2C sales – remains fairly ambiguous, spanning an acquisition of fashion logistics company HUUB in September 2021 to an investment in rapid fashion production company Unmade. Accelerating the shift. Image via StarAir.dk). Enter Big Tech.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

IDC also forecasts that by 2023, 30 percent of Asian enterprises will ship freight using a SaaS-enabled platform, resulting in improved efficiencies in load matching and reduced shipping costs. Dynamic routing has empowered logistics providers to consider plans B, C and D, offering alternative options of ocean and air freight cargo.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Software Modeling Software Forecasting Software 223

Intelligent Audit

OCTOBER 27, 2022

What does that mean for a shipper dealing with hundreds or thousands of freight invoices monthly? . Shippers can get a handle on their expenses by tracking freight invoices and improving their logistics strategy. . What is Big Data in Logistics & Supply Chain Management? Examples of Big Data in Logistics Uses.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

Unleashed

SEPTEMBER 7, 2021

In this guide to barcodes in inventory management: In order to apply barcodes to inventory management, it is important to understand the basics of the barcode system. Hence, some companies will find corded barcode scanners to be all they need, where other companies require wireless scanners to support their online inventory management.

Inventory Management Software 96

Inventory Management Software Inventory Management Inventory Reduction Inventory 96

Precoro

MAY 19, 2023

In this article, we are covering key metrics, divided into the following categories based on the supply chain step they refer to: Inventory Logistics Customer order fulfillment Quality Inventory Metrics A company’s inventory encompasses raw materials used for production, as well as the produced goods available for sale.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

ShipBob

APRIL 18, 2024

The de minimis threshold value refers to the minimum value of goods below which no duties and/or taxes are charged by customs authorities upon importation. Leverage technology: Use technology to streamline your logistics and stay compliant. What is the de minimis threshold value?

Price Reduction 98

Price Reduction Cost Reduction Strategies Inventory Reduction Purchasing Skills 98

Talking Logistics

JUNE 10, 2016

Now, on to the supply chain and logistics news that caught my attention this week: Thoma Bravo Announces Acquisition of Elemica. Target charges suppliers more to help offload unsold inventory (Reuters). iContainers, Expedia for transporting freight internationally, raises $6.7 It’s why I coach. It’s why I love baseball.

Logistics Network Optimization Software 100

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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

Talking Logistics

JULY 19, 2013

Con-way Freight Raises the Bar on Mexico Service, Adds Door-to-Door Tracking, 24-Hour Customer Resource Center, Enhanced Web Tools. LLamasoft Launches Data Services to Provide Reference Data for the Supply Chain Design Community. XPO Logistics to Acquire 3PD, the Largest Provider of Heavy Goods, Last-Mile Logistics in North America.

Logistics Network Optimization Software 132

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 132

Supply Chain Matters

DECEMBER 28, 2023

An initial estimate of this year’s retail holiday spending indicates a mixed bag, depending on either retail industry, consumer goods producer or logistics and transportation industry perspectives. As a point of reference, in September, Mastercard had forecasted an anticipated 3.7 This estimate is not adjusted for inflation.

Forecasting 52

Forecasting Apparel Inventory Reduction Journal 52

Freight Center

NOVEMBER 22, 2019

The shipping industry is always guaranteed to be kept on its toes when it comes to Black Friday and Cyber Monday logistics. Here’s what you should know about Black Friday logistics to keep you and your shipping team on track. FreightCenter Knows Black Friday Logistics. Supply and Demand. The Return Policy.

Logistics Network Optimization Software 43

Logistics Network Optimization Software Material Savings Inventory Reduction Logistics 43

ShipBob

MARCH 30, 2020

As the ecommerce industry grows, the logistics of getting orders to customers has become more complicated — especially with the novel coronavirus impacting entire supply chains. But the ecommerce logistics infrastructure needed to meet consumers’ demands is not easy to achieve by yourself. What is ecommerce logistics?

Logistics Network Optimization Software 90

Logistics Network Optimization Software Logistics Supply Chain Design Software Inventory Management Software 90

GlobalTranz

FEBRUARY 2, 2015

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. ” Vendor Managed Inventory Model: A Quick Back Story. The Evolved Vendor Managed Inventory Model.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

CH Robinson Transportfolio

MARCH 25, 2021

Less than truckload (LTL) freight refers to the transportation of products or goods that do not require a full truckload. These smaller freight loads typically result in many separate shipments being transported on one truck. This post explores the benefits, challenges, and best practices of consolidating LTL freight shipments.

Freight 48

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Supply Chain Game Changer

MAY 1, 2019

According to a recent survey conducted by Forbes Insights , 65% of logistics, supply chain and transportation executives acknowledge the necessity to revamp existing models and add flexibility to business operations in order to ensure omnichannel delivery, reduce costs and meet the ever-shifting consumer demand. INTERNET OF THINGS.

Predictive Analytics Software 98

Predictive Analytics Software Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software 98

American Global Logistics

AUGUST 22, 2023

Air freight has evolved dramatically, especially after the pandemic. Since then, air freight has adapted to various market demands and technological advancements. Air cargo refers to the transportation of goods via an air carrier, which may be charter or commercial. With that, let’s start with a brief industry analysis.

Cargo 52

Cargo Sourcing Strategies Material Savings Logistics Network Optimization Software 52

20Cube Logistics

SEPTEMBER 17, 2021

3PL, or third-party logistics, refers to a company outsourcing part or all of its logistics requirements to a provider. 3PL providers handle all or several components of your supply chain, like warehousing, distribution, inbound freight, and outbound freight. Benefits of 3PL for Your Supply Chain. Cost Savings.

3PL 52

3PL Malaysia Retail Third Party Logistics 52

Turvo

JULY 15, 2021

In the logistics and shipping industry, capacity refers to the amount of space secured on trucks and other vehicles to carry shipment loads. This generally gets referred to as trucking capacity, and it remains one of the most critical aspects of dealing with supply chain disruptions.

Capacity 97

Capacity Supply Chain Network Software Analytics Software Demand Planning Software 97

Silvon Software

JULY 22, 2022

Working with three core ratios – the days of inventory, days of payables and days of receivables, the cash-to-cash time cycle KPI visualizes the period required between the moment a company pays its suppliers and the moment it receives cash from its customers. Inventory KPIs and Metrics for Managing Supply Chain Performance.

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81