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The Approach to Effective Freight Procurement

The Logistics & Supply Chain Management Society

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. To thrive in this ever-evolving landscape, shippers must embrace a flexible and responsive approach.

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Lufthansa Cargo Boosts Handling Performance with New Production Planning System

DELMIA Quintiq

Based on DELMIA Quintiq -part of Dassault Systèmes- software and Ab Ovo’s industry expertise, the cargo airline implemented a production planning application as one element of the PPC system that enables it to maximize capacity of workstations and improve the flow of freight and cargo through the main hub in Frankfurt. About Ab Ovo.

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Addressing Challenges in Global Logistics Operations with Technology

DELMIA Quintiq

This meant a huge movement of goods from East Asia to Western Europe and America, creating an asymmetry in demand as well as freight rates. Increasing cost and lack of resources Years after the start of the pandemic, ocean freight rates still remain high and reached an all-time high towards the end of 2021.

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How to Build an Ideal Supplier Scorecard

EC Sourcing Group

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. Identify your data sources that can help identify supplier performance. Update the data frequently because interactions and transactions with the supplier change often.

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Employing this S.M.A.R.T. Technique with a Logistics Company to Create Total Stakeholder Satisfaction

GlobalTranz

In our first post in the series, we set the mindset of the shipper by going over the 9 key topics to understand about effective KPI management and followed that post with the 7 strategic performance business practices to track and 4 KPI problems to solve. . At times, an audit of the percentage behind KPIs will be necessary.

Six Sigma 120
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Reverse Supply Chains: Best Practices for Better Asset Recovery

GlobalTranz

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. 4 Core Benefits of Deploying a Reverse Supply Chains Process. Improved transparency of the status of the returned item.

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Paper and Packaging Industry Considerations for Transportation Management

Intelligent Audit

Paper Packaging Is Sustainable, Renewable, and Recyclable With the growing demand for sustainable and eco-friendly shipping options, the need for paper packaging is as critical as ever. Combining real-time tracking, analytics, automation, and third-party service providers can make KPI monitoring and shipping management easier.