Supply Chain Game Changer

OCTOBER 29, 2020

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. Use of Freight Rate Benchmarking.

Sourcing 40

Sourcing Benchmarking Freight Cargo 40

Cerasis

MAY 21, 2015

Everything from sourcing raw materials, manufacturing, to the sales channels which feed supply for a finished product are essential factors. One of the often missing links, however, in supply chain visibility, is transportation management. We call this the transportation supply chain. What is the Transportation Supply Chain? This requires a new broad look at the business of transportation supply chain, including supply chain management, logistics, & procurement.

Transportation 259

Transportation Supply Chain Supply Chain Visibility Predictive Analytics 259

3rdwave

NOVEMBER 29, 2018

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. Best-in-class global transportation is based on command and control competencies that create flexible and resilient transportation capabilities.

Global Transportation 60

Global Transportation Global Transportation Freight 60

Cerasis

OCTOBER 19, 2015

Transportation management is no longer a tactical approach to simply moving freight and doing it at the lowest possible cost. There are several factors that exist today that are forcing shippers to use even more resources, which distract from their core competencies , in order to have a strategic and much more nuanced, complex transportation management practice. 10 Tips to Remain Competitive and Have an Effective Transportation Management Strategy.

Transportation Management 255

Transportation Management Transportation 3PL Metrics 255

Cerasis

AUGUST 9, 2016

For shippers, culture and behavior have to change to apply Lean Transportation thinking. The “Them (company leadership) versus Us (shop floor associates)” mentality also needs to change for Lean Transportation to " WE. The 8 Rights To Achieve Lean Transportation Practices. The are the 8 Rights of Lean Transportation thinking: Right Materials, Right Quantity, Right time, Right Place, Right Source, Right Price, Right Quantity, and. Transportation takes time.

Lean 179

Lean Transportation Management Transportation North America 179

Cerasis

FEBRUARY 2, 2015

Editor’s Note: Cerasis is a 3PL focused on transportation management. 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. Each blog post written is distributed into groups that reach the supply chain community as well as professionals in manufacturing, transportation, distribution, and more.

Inventory 245

Inventory Lean Arizona Third Party Logistics 245

Cerasis

DECEMBER 5, 2018

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. Transit times are longer than just transportation time.

Freight 159

Freight Shipping How To Reverse Logistics 159

Logistics Bureau

SEPTEMBER 28, 2020

The key difference between the two can perhaps be explained in the following example: A 3PL provider working with a paint manufacturer may package and store products as well as transport them to retailers and/or customers. Ambient and/or temperature-controlled storage of supplier freight.

Third Party Logistics 76

Third Party Logistics Phoenix Company Australia 76

Talking Logistics

AUGUST 13, 2018

Companies across all industries are dealing with rising transportation costs and a key question many CEOs, CFOs, and supply chain executives are asking is, “What can we do to better manage and control our freight spend in today’s market?” Rising Freight Spend . It is rare today to read the Wall Street Journal or listen to an earnings call without hearing about the impact of rising transportation costs.

Freight 77

Freight Omnichannel Packaging Metrics 77

Talking Logistics

SEPTEMBER 13, 2016

If you’re not able to clearly see, examine, impact and manage every aspect of your supply chain and inventory processes – order status, shipments, in-transit goods, trade documents, costs, exceptions and more – you might as well be operating with blinders on. Gaining end-to-end visibility across your transportation processes delivers: $32.00 Freight Cost Management eliminates post-audits and disputes.

Transportation Management 164

Transportation Management Transportation Predictive Analytics Supply Chain 164

3rdwave

NOVEMBER 29, 2018

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. Best-in-class global transportation is based on command and control competencies that create flexible and resilient transportation capabilities.

Global Transportation 40

Global Transportation Global Transportation Inventory 40

Talking Logistics

JANUARY 8, 2015

Two major shifts are changing the face of global transportation management as we know it: Supply chains are becoming increasingly complex, relying on partners and data beyond the four walls of the enterprise; The very definition of global transportation management is broadening and expanding well beyond the traditional TMS scope. Transport optimization typically reduces spend by 5-15%. The connecting element is the availability of transport details and accurate data.

Global Transportation 186

Global Transportation Transportation Global Freight 186

EFT

AUGUST 7, 2020

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.

Inventory Management 62

Inventory Management Inventory Warehousing Forecasting 62

Abivin

NOVEMBER 8, 2019

Transportation is an inseparable component of logistics. While the sights of trucks and trains carrying products of a company or parked at a business facility are common, few people understand how much the economy depends on economic and reliable transport. Image Source) 1. What is transportation? Transportation is one of the largest industries in the world. Transportation is a key element in the logistic chain. Image Source) 2.

Transportation 63

Transportation India Logistics Sourcing 63

Supply Chain Movement

MAY 11, 2016

10 questions about Freight Spend Management. There are numerous ways a shipper can reduce freight spend. And freight costs are continuing to rise, pushed upward by factors such as globalized distribution and unpredictable fuel prices. Supply Chain Movement and software vendor Eyefreight have developed this checklist to provide to pinpoint the key drivers of Freight Spend Management. This is an important aspect of managing freight spend.

Burkina Faso 60

Burkina Faso Virgin Islands Guinea-Bissau Sierra Leone 60

Cerasis

APRIL 25, 2017

Therefore, more companies have partnered with third-party logistics providers ( 3PLs ) to achieve greater supply chain savings and presence in such markets through enhanced transportation management systems ( TMSs ). To maintain your role in the global market, you need to understand how 3PLs contribute to an improve transportation networks. Greater Supply Chain Savings Thanks to Transportation Management. Why Do Supply Chains Need Transportation Management?

Transportation Management 187

Transportation Management Transportation Supply Chain 3PL 187

CH Robinson Transportfolio

AUGUST 26, 2020

Understanding today’s transportation market. Transportation capacity, namely truckload, is highly fragmented. Accordingly, carriers are selective about freight. Overly complex or challenging freight needs are passed over in favor of simpler freight.

Beverage 48

Beverage Transportation Capacity Food 48

3rdwave

AUGUST 7, 2019

There are 4 fundamental areas where global transportation is challenged. Three of these challenges are variants on traditional transportation challenges and the last is relatively new but growing in importance. Transportation Cost Management. However, where transportation management traditionally focused on the basics of moving “boxes” or “packages”, today it is much more strategic. Transportation information is foundational to managing any global supply chain.

Global Transportation 53

Global Transportation Transportation Management Transportation Global 53

PINC

MARCH 24, 2020

In an uncertain world where supply chain disruption is becoming a certainty, here’s how good inventory management enabled by automation can help companies gain the supply chain visibility they need to keep the wheels turning. Whether they’ve sent their workforces home to work remotely, scaled back their operations, or scrambled to find alternative supply sources, organizations across all industries are implementing new measures to offset the impacts of COVID-19.

Apparel 100

Apparel Inventory Beverage Supply Chain Disruption 100

Intelligent Audit

NOVEMBER 5, 2020

A well-thought-out freight analytics plan can make all the difference in maximizing profits, reducing costs, and staying ahead of the competition. Several other factors can play into the growing shift toward data-driven freight management. Source Your Data Connections.

Analytics 52

Analytics Freight Training Data 52

Supply Chain Opz

NOVEMBER 30, 2015

In this article, leading experts from various sectors in transportation industry will discuss transportation trends you should take a closer look. James Winebrake, Dean of College of Liberal Arts, Rochester Institute of Technology There are a number of important trends happening in the freight industry, spanning all modes of transportation: trucking, shipping, rail, pipeline, and air. Remarkably, rail can also be cheaper with savings up to 60% over road freight.

Trends 130

Trends Transportation Panama Tennessee 130

Abivin

OCTOBER 10, 2019

Transportation is an integral part of Logistics. In logistics, transportation can be defined as a function of planning, scheduling and controlling activities related to mode, vendor, and movement of inventory into and out of an organization. A traffic manager must decide whether the shipper should own and operate its own transportation fleet or utilize for-hire carriers. Commodities can be transported by land, air, water and pipeline.

Packaging 62

Packaging Transportation How To Pharmaceutical 62

Abivin

OCTOBER 17, 2019

As a big manufacturer, they follow a strict logistics process to manage transportation in real-time, which has been proven to improve efficiency and profit. In this article, we will take a deeper insight into how one leading brewery company can effectively manage all contracted transporters in real-time. Image Source 2. How the company manages all contracted transporters in real-time a. Image Source d.

Reverse Logistics 63

Reverse Logistics Vietnam Company Transportation 63

BluJay Solutions

DECEMBER 14, 2020

BluJay’s tech is key to digital transformation and customer success for global provider of logistics and transportation solutions. Aramex is a leading global provider of comprehensive logistics and transportation solutions, headquartered in Dubai and operating in 65 countries.

New Zealand 78

New Zealand Australia Transportation Management Jordan 78

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

California 68

California Japan Study Automotive 68

3rdwave

NOVEMBER 8, 2018

In today’s turbulent trading environment, strong global transportation management capabilities deliver exceptional benefits and value. 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. Managing the complexity of global transportation requires human capital, time, and/or money.

Global Transportation 58

Global Transportation Transportation Management Freight Global 58

RELEX Solutions

DECEMBER 3, 2019

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. E-commerce inventory management should never be approached as a one-time or even as a periodic decision. Online retailers should be applying the wealth of data available to them toward a fact- and cost-based inventory model.

Inventory Management 28

Inventory Management Real Estate Warehousing Policies 28

Savi

FEBRUARY 5, 2019

Supply Chain Challenges: Freight Volume Rising, Driver Shortage Growing The shipping industry plays a critical role in world economics. Today’s driver shortage is helping to drive transportation costs higher. Most notably, earlier this year when freight volumes hit records levels while at the same time, the number of available drivers fell by more than 50,000. Some sources recorded up to a 20 percent annual demand increase for large truckload carriers and fleets.

Analytics 50

Analytics Shipping Capacity Transportation 50

CH Robinson Transportfolio

NOVEMBER 24, 2020

The increased need for adaptability and agility sums up what nearly everyone is feeling these days—this is particularly true for companies shipping temperature sensitive freight when timing is critical. Be strategic about inventory management.

Capacity 51

Capacity Third Party Logistics Inventory Warehousing 51

Abivin

MARCH 6, 2019

Selecting the correct software system for the business helps to attain process efficiency, gain visibility into the supply chain, and decrease general transport costs. One of such software is transportation management system (TMS) which is a subset of supply chain management regarding transportation operations (Mei & Eliot, 2017). TMS has become an indispensable tool in a growingly competitive and complex transportation landscape.

Transportation Management 63

Transportation Management Security KPI System 63

TMC

MARCH 9, 2017

According to The World Economic Forum (WEF), China hopes that the numerous transportation projects that fall under the new Silk Road umbrella will increase the value of the country’s cross-border trade by $2.5 A leading consumer electronics company started sending laptops from Chongqing in Southwest China to Duisburg in Germany by train rather than boat, “pioneering a renaissance in overland transport across central Asia,” says the Financial Times.

Azerbaijan 48

Azerbaijan Kazakhstan China Russia 48

3rdwave

NOVEMBER 8, 2018

In today’s turbulent trading environment, strong global transportation management capabilities deliver exceptional benefits and value. 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. Managing the complexity of global transportation requires human capital, time, and/or money.

Global Transportation 40

Global Transportation Freight Transportation Management Global 40

DAT Solutions

JULY 30, 2015

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.

Journal 95

Journal Cargo Third Party Logistics Freight 95

BluJay Solutions

MARCH 21, 2013

In a recent white paper , Kewill has looked at the issues facing the global supply chain, and how it may look in 2020, including the future picture for road freight. Road freight represents a major part of most Logistics Services Providers’ (LSPs') strategies. By 2020, the price per barrel of oil will be on average about $150, with much higher peaks possible (source: International Energy Agency Oil Market Outlook 2011).

France 95

France Logistics Freight Warehousing 95

GTG Technology Group

JANUARY 17, 2018

Delaying Upgrades Is Holding Back Your Transportation Company. Waste would be a thing of the past, inventory and financial management systems would work to perfection, and revenues would flow in. That future is within your grasp if you keep your transportation management software upgraded to take advantage of innovations. Learn how updated transportation management systems (TMS) make your company goals attainable. Sources: [link].

Transportation Management 36

Transportation Management Pharmaceutical Software Transportation 36