Logistics Viewpoints

OCTOBER 26, 2023

We are well into the era of real-time transportation visibility, where shippers and their partners can track freight in real-time across every mode of transport. So why are so many still falling short of OTIF targets (and other key metrics)? That covers “on-time.”

Supply Chain Planning Software 200

Supply Chain Planning Software Real-time Visibility Supply Chain Design Software Supply Chain Planning 200

GlobalTranz

MAY 20, 2015

When you choose a company to transport your freight or to supply you with the materials you need to manufacture a product, you are putting your hard work and reputation in their hands. The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

OptiProERP

APRIL 25, 2023

However, with so many metrics to track, it can be overwhelming to know where to start. This metric can help you identify potential bottlenecks in your supply chain and improve your shipping process. This metric can help you identify areas for improvement in your order fulfillment process. Inventory KPIs 1.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Inventory Reduction Expense Reduction Manufacturing 52

Intelligent Audit

FEBRUARY 3, 2022

In freight auditing, freight audit advisors work with freight shippers to ensure that all charges are accurate and to prevent wasting money. Shippers can ensure they are getting the best possible rates from their carriers by working with a freight audit consultant. What Freight Auditing Is and Why It’s Important.

Freight 52

Freight Material Savings Resource Reduction Cost Reduction Strategies 52

Arkieva

AUGUST 8, 2016

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. Sustainable Freight Action Plan for California is estimated to Improve Freight Efficiency by 25% in 2030.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Supply Chain Planning Software California 60

QAD

FEBRUARY 7, 2023

This requires establishing KPIs and specific metrics of success to assess performance against. Outsourcing: When you trust a supplier, you can transfer to them time-consuming activities like managing inventory levels or certain aspects of customer service. The post What is the Importance of Supplier Relationship Management (SRM)?

Price Reduction 98

Price Reduction Material Savings Vendor Strategies Inventory Reduction 98

GlobalTranz

AUGUST 31, 2018

Using New Technology for Maximizing Warehouse Space Is the Solution New technologies and warehouse automation are poised to enable warehouse managers to increase inventory without necessarily increasing space. Robotics can also be used to move large inventory, taking advantage of vertical space without sacrificing worker safety.

Supply Chain Design Software 121

Supply Chain Design Software Warehousing Analytics Software Optimization Software 121

TMC

NOVEMBER 18, 2015

A major freight company employs a team of meteorologists that works closely with its flight dispatchers and contingency coordinators, for example. Most alert software tools offer customization, allowing companies to specify alert thresholds for each type of facility based on event severity and distance from the facility.

Metrics 67

Metrics Supply Chain Planning Software Forecasting Software Supply Chain Software 67

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

Unleashed

JANUARY 3, 2023

But when your cash is locked wages, managing inventory , lines of credit, and other costs, it can slow down productivity – even bring it to a standstill. You’re holding too much inventory Too much stock on hand at a given moment turns cash into slow-moving stock. In other words, it leaves you with no cash to spend until they pay.

Manufacturing Procurement 96

Manufacturing Procurement Material Savings Expense Reduction Inventory Reduction 96

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

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

BlueYonder

JANUARY 24, 2023

This is because the cars of today are nothing short of being data centers on wheels or software-defined vehicles with new sensors. Can we use premium freight? Do we need to carry excess inventory? They have been able to improve their forecast accuracy in the aftermarket side, reduce inventory, and reduce premium freight.

Automotive 69

Automotive Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 69

Unleashed

DECEMBER 2, 2020

A carefully calculated reorder point is therefore critical to good stock control, and keeps your key metrics looking healthy for your next inventory report. Growing product businesses should manage their stock using reliable inventory management software. How you can use the reorder point in your business. Go digital.

Procurement Analytics 85

Procurement Analytics Manufacturing Procurement Inventory Management Software Procurement Solutions 85

Unleashed

FEBRUARY 21, 2024

It covers every aspect of dealing with customer returns, including policy management, reverse logistics, customer service, returned goods inventory management , and developing strategies to reduce return rates. However, that same year, software company Steam announced a new open refunds policy and it was immediately abused by online users.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

GlobalTranz

DECEMBER 29, 2014

To that end, every warehouse manager’s role is to manage the physical environment, loadshifting equipment and people, to decrease the chances of collision and accidents, and often, to help the flow of freight via outbound and inbound freight management; an entire process known as warehouse traffic management. Read the full Post.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

GlobalTranz

APRIL 14, 2017

Cloud-Based TMS Enables Management of Software From a Central Location. Eliminates the Need to Store Equipment, Servers, and Software in Your Building. Since the management of the system is accomplished remotely, shippers do not have to worry about storing equipment, software, and servers in their building.

Analytics Software 122

Analytics Software Forecasting Software Predictive Analytics Software Vendor Strategies 122

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

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. HighJump Software Acquires Evenex. Overcapacity in the global air freight market, increasing customer preference for lower-yielding shipping solutions, and a slowing U.S.

Logistics Network Optimization Software 132

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

Unleashed

MARCH 23, 2021

We’ll talk again about bills of materials when we discuss materials requirement planning (MRP) software below. Storage and inventory management. Inventory management is about a lot more than just keeping a tidy warehouse. Improve inventory turnover. A high inventory turnover (i.e. A high inventory turnover (i.e.

Material Savings 98

Material Savings Purchasing Skills Manufacturing Procurement Negotiating Skills 98

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. Inventory pile-ups. And the effect of inaccurate demand forecasting is felt across the supply chain.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Stord

APRIL 7, 2019

Rail freight volumes continued to fall at the end of March alongside service outages due to flooding in the Midwest. True Value is investing $150 million in upgrades to its supply chain that will cover a new distribution center in Pennsylvania, ordering software, and more. This number fell by 5.4%

Warehousing 60

Warehousing Kansas City Los Angeles New York City 60

Unleashed

MAY 1, 2023

Protecting profit margins from ALC inflation ALC (Average Landed Cost) is a crucial metric in demand forecasting and inventory valuation. The main contributing factor to that was the cost of freight. This echoes our experts’ earlier statements about the importance of understanding your ALCs and other key business metrics.

Forecasting 96

Forecasting Supply and Demand Modeling Forecasting Software 96

Zipline Logistics

JANUARY 10, 2023

In the context of what we’re talking about today and the kind of freight Zipline Logistics specializes in moving, the term “supply chain” encompasses the process of getting CPG products from their place of final production to their place of distribution and/or final selling location. What does the term “supply chain” encompass?

Supply Chain Software 52

Supply Chain Software Security Supply Chain Strategy Logistics Network Optimization Software 52

GlobalTranz

JUNE 8, 2017

The cloud-based supply chain software can be customized to suit your industry, your transportation , freight-forwarding and warehousing specialty, import-export regulations. It cuts down costs on software maintenance and upgrade. The cloud-based logistics has lots of metric tools. A Better Communication Model.

Logistics Network Optimization Software 200

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

Supply Chain Shaman

FEBRUARY 23, 2015

The people on the ground–my contacts in the 3PL, freight forwarding and transportation industry–know that the labor strife is only a part of the larger story. I don’t think that the ports are up to the challenge of moving the high-levels of freight with larger ships without rethinking unloading space, equipment and flows.

Long Beach 150

Long Beach Los Angeles Supply Chain Design Software Supply Chain Design 150

Turvo

SEPTEMBER 16, 2021

Another study by the EPA, titled Fast Facts on Transportation Greenhouse Gas Emissions , noted that “according to the Inventory of U.S. Greenhouse Gas Emissions and Sinks 1990–2018 (the national inventory that the U.S. Turvo helps everyone on the network improve critical supply chain metrics through carrier analytics.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Analytics Software Supply Chain Network Software 70

SupplyPike

APRIL 10, 2020

Your buyer may also need to work on directing inventories to more active locations. With demand so high for a lot of key products, you’ll need to closely monitor short-term and long-term demand and inventory. Another solution is to create inventory reserves. This may include halting promotions for high demand products.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 98

Unleashed

JANUARY 5, 2021

Inventory management is a critical function of any business, with drastic implications on profit margins. Inventory turnover is a key formula that’s often discussed in the context of inventory management efficiency, and crops up in most types of inventory report. Let’s take a closer look at this important metric.

Inventory Reduction 83

Inventory Reduction Inventory Procurement Analytics Inventory Management Software 83

Freight Plus

JULY 17, 2020

Sell more with less stock - How inventory planning holds the key to improved profitability. There was a huge impact on the global supply chain as far as air freight goes. Air freight became super premium and prices tripped because a lot of air freight travels in the belly of passenger air crafts and people were no longer flying.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Logistics 52

Freight Plus

JULY 17, 2020

Sell more with less stock - How inventory planning holds the key to improved profitability. There was a huge impact on the global supply chain as far as air freight goes. Air freight became super premium and prices tripped because a lot of air freight travels in the belly of passenger air crafts and people were no longer flying.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Logistics 52

Locus

DECEMBER 16, 2021

While the top apparel and accessory brands agree that product quality should get better with time, inventory priorities are always fluctuating. Only a modern and digital supply chain that is ever-evolving can manage the product quality, inventory volume, and fashion supplier relationships that the industry requires.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 52

3rdwave

NOVEMBER 8, 2018

From optimizing freight movements and controlling freight costs, to supply chain SKU transparency and optimal inventory management, the value proposition for global transportation management is substantial and significant. This means that the work is executed without significant scrutiny.

Supply Chain Design Software 79

Supply Chain Design Software Global Transportation Supply Chain Planning Software Optimization Software 79

GlobalTranz

APRIL 8, 2015

SaaS TMS or software-as-a-service TMS is an environment in which customers and customer partners can access shared solutions over the internet. This type of highly visible environment also allows data so that performance metrics can operate in a more efficient and powerful way. What is SaaS TMS & Introducing Hybrid SaaS TMS.

Supply Chain Network Software 120

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

Supply Chain Game Changer

MARCH 26, 2021

Implement Effective Maintenance Management Software. That is what maintenance software can bring to your organization. Maintenance software can improve data collection for staff monitoring to determine their progress and time investment on tasks and servicing. In two words, organization and savings.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Resource Reduction Price Reduction 98

Softeon

MAY 20, 2018

1 - Control your freight. 4 - Communicate metrics to your employees. Your frontline management must know how to execute things that come from your metrics. Voice technology has the ability to give you better productivity and inventory control. Another impactful aspect of infrastructure to outsource is your software.

Modeling Software 40

Modeling Software Purchasing Training Negotiating Skills Warehousing 40