Experts Choice Of Top Online Logistics Resources

Freightos

The Experts’ Choice of the Top Online Logistics Resources. So much so that it is split into seven topics – aircrafts, airports, capacity and demand, carriers, freight trends, traffic and viewpoints. With over 60,000 monthly viewers, Transport Topics is a prime destination for freight buffs, especially those who specialize in trucking. Ocean freight is split into 14! World Civil Aviation Resource Net. Educational research into cargo and freight.

Understanding E-Commerce Fulfillment: Definition, Process, Resources!

Supply Chain Game Changer

There are four basic components of the e-fulfillment process: ECommerce store and fulfillment center integration Receiving and inventory management Order fulfillment Returns processing. Receiving and Inventory Management. Then, those pallets get logged into inventory and placed on shelves, ready to fill your orders. When pallets sit on a loading dock, your products aren’t in inventory. Of course, no inventory means no sales. You don’t buy inventory.

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Lean Inventory: Using Lean Initiatives To Manage Inventory

GlobalTranz

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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Four Things You Probably Didn’t Know About Inventory Planning and Sustainability

ToolsGroup

I think it’s time we started spreading the good news: when you harness demand and inventory planning to slash unnecessary expenses and improve service to customers, you also reduce waste and support sustainability. Smart inventory planning cranks up manufacturing efficiency.

What is LTL Freight & How Can it Work for You?

CH Robinson Logistics

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. How does LTL freight work? Benefits of LTL 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.

Inventory Optimisation: How Much Stock is Right for Your Company?

Logistics Bureau

Among the universal challenges that the COVID-19 pandemic has imposed upon the supply chain management profession is the question of inventory, specifically, “how much is enough?”. It wasn’t long ago that businesses were asking, “By how much can I reduce my levels of inventory?”.

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.

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

GlobalTranz

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. Shippers need to know why freight black swans are increasing, how using LTL to intermodal shipping options can reduce their incidence, and a few best practices to keep the use of intermodal from becoming a black swan itself. DOWNLOAD THE FREE RESOURCE HERE. Freight LTL

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

GlobalTranz

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. Inventory Management Logistics Podcast Supply Chain

FedEx Freight customer dump shows LTL carriers in driver’s seat

The Supply Chain Journal

Hundreds of shippers, including ones that supply big-box retailers like Home Depot and Lowe’s, are scrambling for transportation after FedEx Freight (NYSE: FDX ) on Monday abruptly stopped truck pickups at many locations to help overwhelmed terminals restore productivity levels.

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

GlobalTranz

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. Why Are Shippers Looking to Less-Than-Truckload Freight in E-Commerce? Apply Standard Shipping and Handling Costs to Freight Quotes.

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.” Would a freight broker TMS do the trick?

The Importance of LTL Freight Management in your Supply Chain

CH Robinson Transportfolio

You need a less than truckload freight management strategy. Why is LTL freight management important to your supply chain? Leveraging a suite of solutions for less than truckload (LTL) freight has become the cornerstone of successful supply chain strategies.

5 Ways Real-Time Freight Analytics Create Competitive Advantages

Turvo

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. That means real-time freight analytics must continue from start to finish.

Vendor Managed Inventory Model for Supply Chain Cost Reductions

GlobalTranz

However, all are well worth employing to seek that holy grail of pushing out waste, inefficiency, and most importantly resources (time and money) out of your supply chain. 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. The distributor maintains the inventory plan.

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. Subscribe Here!

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

Supply Chain Game Changer

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

FreightWaves Classics/Pioneers: Malcom McLean changed the freight world with intermodal containers

The Supply Chain Journal

After finishing high school his family did not have the financial resources to send him to college. Through hard work and resourcefulness, the company had grown to 30 trucks by 1940. Malcom P. McLean was born in Maxton, North Carolina in 1913.

5 ways ERP improves inventory visibility in your supply chain

OptiProERP

Inventory visibility is one of the critical aspects of any manufacturing business. It helps organizations understand how much inventory is available, at what location , and at any given point of time. To ensure inventory visibility, you should have access to view, manage, and update your inventory status from trusted software. What Improved Inventory Visibility does. Smarter resource allocation. Inventory ties up money.

What Is an Inventory Management System & Its Role in Omnichannel Fulfillment?

Veridian Solutions

Supply chain leaders often interchangeably refer to both a warehouse management system and an inventory management system as one and the same. Challenges of Limited Inventory Management Capabilities. Shopify notes that the average retailer only has a 63% inventory accuracy.

Inventory Management Techniques That You Need to Know About

EMERGE App

Not Another List of Inventory Management Techniques. I want to start by saying that this is not an exhaustive list of all the possible inventory management techniques available for all industries. Rather, it’s a carefully curated list of inventory management techniques that work for our wholesale and distribution customers around the world. What we will cover are practical inventory management techniques that: Our customers use; and.

Improve Your Picking Processes and Order Fulfilment with Better Inventory Control

Unleashed

Typically, over 50 percent of warehouse labour resources are occupied with order fulfilment tasks such as picking processes, packing customer orders and shipping or freight activities. If companies need to improve picking processes and order fulfilment, then optimising warehouses and inventory control are the key places to start. Warehouses are complex places, receiving, storing and distributing high volumes of inventory stock. Efficient inventory control.

Why is Supply Chain Such a Great Career Path?

Supply Chain Game Changer

SCM encompasses the integrated planning and execution of processes required to optimize the flow of materials, information and financial capital in the areas that broadly include demand planning, sourcing, production, inventory management and storage, transportation — or logistics — and return for excess or defective products. Freight and Logistics Human Resources Inventory Management Procurement Reverse Logistics Supply Chain Management jobs Logistics

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How Shipping Software Innovation Led a Technology Company Into Freight Management!

Supply Chain Game Changer

As a technology company, we had the resources and experience. Our CEO Kurt Johnson explains, “Our customers want one login for all logistics management, including inbound and outbound freight across parcel, LTL, FTL, ocean, and international air. Subscribe Here! Email Address.

Importer/Exporters vs Freight Forwarders/3PL – Levelling the Playing Field

3rdwave

Too often – make that almost always – importers and exporters (BCOs – Benefiticcial Cargo Owners) are dependent on their NVOCC, Freight Forwarder or 3PL (3PL) to provide them with visibility into their global supply chains.

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23 Reasons the Ideal TMS is best for LTL Freight Shipping

GlobalTranz

The ideal TMS can maximize the efficiency of a warehouse and directly affect inventory management. As a result, the amount of inventory can be managed to reflect the consumer demand. The ideal TMS allows you to see where your resources currently are, and forecasting abilities give you the ability to determine what resources are available to train new hires. Freight Consolidation.

7 Core Competencies for Optimizing Global Transportation and Freight Spend

3rdwave

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. While global freight cost varies significantly by industry and transportation mode, it is a major cost component of internationally sourced products. The 7 Core Competencies for Optimal Global Transportation and Freight Spend Management. Automated Freight RFQ (Request for Quote) and Contract Management.

Why the Right Strategy to Managed Inventory Hinges on Clear, Concise Communications

Turvo

A managed inventory depends heavily on teams and leaders that can communicate with each other to avoid operational issues, overstocking, or worse, running out of inventory when the customer is ready to buy. It all makes communication a vital part of maintaining a managed inventory.

Optimizing Inventory Management for Online Retail

RELEX Solutions

While traditional inventory limits may not apply to many online retailers, they still need to make smart, data-driven decisions about what to stock if they want to attract and retain a loyal customer base. But inventory strategy goes beyond assortment choices alone.

Navigating inventory through the eye of the COVID storm

EFT

According to several executives on the roundtable, failing to have inventory in the right place at the right time can have a massive impact on company performance, as sales are not realised when product cannot meet local demand.

Supply Chain Scope: New Study Shows Rise in US Inventories; California Estimated to Improve Freight Efficiency by 25% in 2030

Arkieva

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. Targets for 2030 Include: Improve freight system efficiency 25 percent by 2030. California Sustainable Freight Action Plan.

Technology Fuels Freight Logistics: Jeff Tucker in Wall Street Journal

DAT Solutions

Jeff Tucker 's guest column in yesterday's Wall Street Journal pointed to the pivotal role of technology, including DAT Load Boards , in freight logistics today. Jeff also highlighted the contribution of freight brokers to the efficient movement of cargo. Jeff has been a leader in freight logistics since 1992; he is president and CEO of Tucker Company Worldwide and Chairman of the Transportation Intermediaries Association. domestic freight transportation and logistics.

‘Supply Chain Opportunities in China’ – 24 juni 2015

Supply Chain Movement

What service levels can be realistically expected and how to manage reliability in such a fragment road freight market? Freight forwarding specifics to China. Is the trade imbalance between China and Europe going to keep freight costs towards Asia low for the foreseeable future? Order and stock optimization of your Chinese Inventory. How do you optimize your inventory levels in the volatile Chinese market? Human Resource – How to attract and retain talent China.

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Why Peak Season 2020 Is a Novel Opportunity | Talking Freight VIDEO

GlobalTranz

Shippers and carriers would rely on freight forecasting capabilities and demand sensing to better manage inventory and increase resource availability.read More.

Video 170