EC Sourcing Group

MARCH 12, 2023

Identify your data sources that can help identify supplier performance. Some of the most common invoice errors include charging the wrong item price or for the wrong quantity, or charging freight which is not contractually allowed. Update the data frequently because interactions and transactions with the supplier change often.

Procurement Analytics 52

Procurement Analytics Purchasing Skills Procurement Solutions Supply Chain Planning Software 52

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. . Does the data come from a variety of different sources? Freight Audit in Multiple Modes.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

GlobalTranz

JULY 7, 2015

However, technology can be used to turn what seemed as losses into standby sources of revenue. Efficient processes are a major part in keeping an eye on reverse supply chains, as keeping track of Key Performance Indicators (or KPI for short) can only help a company predict of what’s to come in terms of sales.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Material Savings 120

SCMDOJO

MAY 13, 2022

Fast moving forward into 2022 ongoing widespread congestions in ports, container shortages, and volatile shifts in demand for goods from Western economies causing freight rates to skyrocket ended up adding extreme pressure on the main cost drivers of the ocean side of the supply chains and beyond. Supply Chain KPI Dashboard.

Supply Chain Design Software 83

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Design 83

GlobalTranz

MAY 4, 2016

However, if you know what critical freight management KPIs or key performance indicators to track, you can know exactly how to change processes to decrease costs, which will result in savings for the end user. Federal Power Over Freight Management KPIs. Identifying ways to improve the system can be complicated.

Freight 120

Freight Procurement Analytics Sourcing Strategies Cost Reduction Strategies 120

Cathy Roberson

APRIL 6, 2022

A good view into 'Spend Cube' & its components, suppliers, categories sourced, risk arnd sourcing geos (geopolitics etc), commodity price trends that may need forward buying - all roll up to improved upstream SC visibility. #E2E, esp critical upstream where the supply of supply chains begin, must start with the #PO.

Real-time Visibility 52

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Forecasting Software 52

Intelligent Audit

AUGUST 26, 2021

Their strength rests in how shippers leverage technology and how they apply the data from myriad data sources to make sense of what’s happening and how it all affects transportation spend. The first thing to know in the digital age of freight audit and payment best practices is the importance of the digital twin.

Freight 52

Freight Analytics Software Demand Planning Software Logistics Network Optimization Software 52

GlobalTranz

OCTOBER 29, 2015

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. We started the series first by " 9 Key Topics to Understand to Frame A Shipper’s Mind for Effective KPI Management with a 3PL."

Case Study 120

Case Study KPI Logistics Network Optimization Software Supply Chain Design Software 120

Supply Chain Opz

JUNE 1, 2014

There are two things Boeing and Airbus have in common, utilization of lean manufacturing system and strategic sourcing concept. However, the overall implementation of strategic sourcing is a bit different between the two companies. In order to compensate a long waiting time, Adidas uses air freight or courier service.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

GlobalTranz

MAY 7, 2018

As you can imagine, with a tight transportation market, it’s become even more difficult for vendors to source reliable trucks. Direct Consumer Impacts USA Today reports that a severe shortage of truckers is pushing up freight costs and, in turn, nudging up retail prices. Logistics can no longer be an afterthought or siloed department.

Capacity 120

Capacity Optimal Sourcing Vendor Strategies Price Reduction 120

Turvo

FEBRUARY 17, 2021

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. ” Using real-time freight analytics effectively can be a game-changer for companies. It’s a win-win for everyone involved.

Real-time Visibility 56

Real-time Visibility Prescriptive Analytics Software Predictive Analytics Analytics Software 56

SCMDOJO

MARCH 25, 2022

. “ Supply Chain Management is defined as a channel construct as the structure of inter-company units and extra-company agents and dealers, wholesale and retail, through which a commodity, product, or service is marketed” Supply Chain KPI Dashboard. The 1950s – The Transportation Era. . In the 1950s, transportation was in focus.

Supply Chain Planning Software 134

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 134

Intelligent Audit

APRIL 8, 2022

KPI addressed this by sponsoring an on-floor seminar titled, “ Is Micro-fulfillment right for me? ” Shippers Need to Aggregate Their Data Sources Into a Single Source of Truth. A second common thread throughout MODEX 2022 was the necessity to collect data from all sources into a single reference point. on March 29.

Sourcing Strategies 52

Sourcing Strategies Expense Reduction Material Savings Cost Reduction Strategies 52

6 River Systems

FEBRUARY 22, 2019

. “The #1 way for a warehouse to control and reduce fulfillment costs is to measure cost in relation to activity…” All too often warehouse key performance indicators (KPIs) relate only to service, such as receiving efficiency, pick accuracy and order lead time. How many people are involved?

Cost Reduction Strategies 56

Cost Reduction Strategies Inventory Reduction Material Savings Resource Reduction 56

Zipline Logistics

JUNE 30, 2020

Accessibility — The ability of a carrier to provide service for a freight order. Accessorial Charges — Fees added to a freight bill for additional services that the carrier might provide. Air Freight — Transportation of products via air transportation methods. It may be the dimensional weight of the shipment.

Supply Chain Planning Software 52

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

6 River Systems

OCTOBER 12, 2020

An organization will introduce significant structural improvements in an integrated, cost-effective freight and distribution network to deliver exposure, minimize expenses and improve the quality of customer satisfaction. The ideal sourcing location will be a balance in terms of cost, quality and logistics cost. billion. .

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Material Savings Inventory Reduction 98

Logistics Bureau

MAY 24, 2019

The company was replenishing dealers’ inventory weekly, using direct shipment and cross-docking operations from source warehouses located near Deere & Company’s manufacturing facilities. Retail activity is extremely seasonal, with the majority of sales occurring between March and July.

Cost Reduction Strategies 54

Cost Reduction Strategies Inventory Reduction Expense Reduction Price Reduction 54