The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Freight Management. Freight management is driven by time-critical, manual tasks. RPA brings efficiency to these tasks while saving time and reducing errors.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

IDC also forecasts that by 2023, 30 percent of Asian enterprises will ship freight using a SaaS-enabled platform, resulting in improved efficiencies in load matching and reduced shipping costs. Dynamic routing has empowered logistics providers to consider plans B, C and D, offering alternative options of ocean and air freight cargo.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Software Modeling Software Forecasting Software 223

SYSPRO Smarter ERP

MARCH 31, 2022

It’s premature to know at this stage what the full impact will be on our economies and supply chains, but we can expect more delays of supply of imported inventory, food, and component parts, due to reduced or rescheduled air and sea freight. The supply chain of the future.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Disruption Supply Chain Design Software Supply Chain Planning Software 105

The Logistics of Logistics

OCTOBER 12, 2012

Chuck Intrieri is a: Certified Value Engineer (VE), Certified Purchasing Manager (CPM), Certified Production and Inventory Control Manager (CPIM), and is Lean Certified all of which attests to his deep understanding of operations and logistics beyond the confines of the purchasing function. Chuck Intrieri Education.

Manufacturing Procurement 100

Manufacturing Procurement Optimal Sourcing Negotiating Skills Purchasing Skills 100

BlueYonder

MAY 14, 2021

One of the factors in that evaluation would also be the freight costs you incurred for that container and any additional costs if you are expediting another shipment. If you were to check the freight invoice, you probably paid four times the cost of the container as compared to last year! Chart Source: Freightwaves).

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Price Reduction Agile and Lean Supply Chain 52

Supply Chain Game Changer

APRIL 21, 2020

A “Don’t Touch” Strategy will Dramatically Lean out your Supply Chain! As we articulated in our article A Don’t Touch Strategy Will Dramatically Lean Out Your Supply Chain! Freight management has further prospects with autonomous vehicles , including tractor trailers, and drones. Subscribe Here!

Waste Reduction 91

Waste Reduction Inventory Reduction Cost Reduction Strategies Material Savings 91

Supply Chain Matters

JANUARY 10, 2023

2023 Prediction Three: More Direct Control in Strategic or Tactical Multi-tiered Direct Materials Sourcing will Continue to be a Prominent Element of Business Strategy for Chief Supply Chain or Chief Procurement Officer Efforts. . A published Future of Freight study sponsored by Deloitte in September 2022 indicated that U.S.

Predictive Analytics Software 52

Predictive Analytics Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 52

Supply Chain Collaborator

AUGUST 14, 2019

Freight Payment and Audit automation makes settlement predictable and easy which is always appreciated by carriers. That data visibility earns Transportation a seat at the table alongside other important functions like procurement and finance. A shipper with a great TMS is a carrier’s first choice!

Supply and Demand 95

Supply and Demand Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 95

Supply Chain Game Changer

JUNE 11, 2019

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.

Supply Chain Design Software 105

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 105

GlobalTranz

MAY 1, 2015

Data can indicate issues with procurement , product quality, and delivery. A trend in dual/multi-sources helps to provide additional supplier sources in the case of any concerns. Four main trends concern us here: Connected supply chains provide additional opportunity link supply chains and receive more data.

Supply Chain Visibility 120

Supply Chain Visibility Purchasing Skills Optimal Sourcing Buyer Training 120

Supply Chain Game Changer

NOVEMBER 9, 2018

And if necessary you may want to dual source some of your supply with more than one supplier. Lean out your operation to increase efficiency, increase capacity, and reduce the time required to move goods through your facility. Check out Freight and Logistics (Part 4) – Do You Have Hidden Freight Costs? .

Supply Chain Planning Software 43

Supply Chain Planning Software Supply Chain Planning Agile and Lean Supply Chain Freight 43

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. It is safe to say that if a warehouse operation is not implementing Lean, it is falling behind its competition.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

The Logistics of Logistics

NOVEMBER 15, 2023

Ryan is the Co-founder and CEO of GoodShip , an all-in-one platform for supply chain analytics, carrier management, and transportation procurement About Ryan Soskin Ryan Soskin is a 13 year logistics veteran and three time startup unicorn alum with a long history in freight tech. He began his career at Coyote Logistics and after 5.5

Optimal Sourcing 240

Optimal Sourcing Analytics Software Optimization Software Supply Chain Network Software 240

GlobalTranz

FEBRUARY 16, 2016

A Transportation Management System (TMS) optimizes freight to utilize the most effective lanes and routes. Decreases freight costs through better truck utilization in both full (FTL) and less than truckload (LTL) shipments. Take the necessary time to include MRB monthly. For companies to reduce logistics costs consider automation.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

SYSPRO Smarter ERP

APRIL 13, 2022

Where energy extraction is upstream, and freight and transportation midstream, the impact of the military conflict will also be felt in industries where oil and gas are refined and used to make rubber, preservatives, plastics, containers and many other products that play an important role in the agricultural and medical fields.

Supply Chain Planning Software 111

Supply Chain Planning Software Price Reduction Cost Reduction Strategies Material Savings 111

ModusLink Corporation

DECEMBER 13, 2022

Carrier rates are declining across the board, and Seatrade Maritime News reported an “expected trough of freight rates to mid-2023 from 2024 with a lower demand forecast and a higher than expected effective capacity increase due to the unwinding of congestion. Carriers Will Lower Rates But Keep Many Others.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Trends 78

Freightos

AUGUST 26, 2015

So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were. is one of the industry’s most respected logistics sources. If you’re like me, staying up to date on supply chain news is critical. wsjlogistics.

Resource Reduction 120

Resource Reduction Resources Logistics Network Optimization Software Logistics 120

Procurement Academy

NOVEMBER 4, 2022

There are new sources of volatility, uncertainty, and ambiguity at every turn – from radical inflation to international conflict. Today, we live in a world that is only getting more complex. Unlike traditional approaches, DDMRP breaks up long supply chains by creating decoupling points that act as safety buffers.

Supply and Demand 52

Supply and Demand Demand Planning Software Supply Chain Planning Software Material Savings 52

Talking Logistics

JANUARY 8, 2015

This will be possible through a platform approach to transportation management that delivers a unified control structure, and drives savings by aggregating sourcing volumes and optimizing end-to-end transportation. Capturing Freight Spend Visibility. Visibility into freight spend and its timing can start with transportation planning.

Global Transportation 100

Global Transportation Inventory Reduction Optimal Sourcing Cost Reduction Strategies 100

GlobalTranz

JANUARY 4, 2016

Employ comprehensive solutions that support the entire source-to-settle process and create value for all parties involved in it. Freight/Container Loading: Augmented reality could replace the need for a physical cargo list and load instructions. 2016 Supply Chain Trend #5: Agile = The New Lean.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 120

Logistics Bureau

JANUARY 19, 2016

While this article is not going to focus on lean practices, the importance of keeping waste and process inefficiencies to a minimum can never be stressed enough when it comes to controlling expenditure and preventing cost blowouts in the supply chain. Naturally, there is the direct cost of procuring and holding the inventory.

Supply Chain Planning Software 40

Supply Chain Planning Software Cost Reduction Strategies Negotiating Skills Agile and Lean Supply Chain 40

Infosys Supply Chain Management

JANUARY 11, 2013

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Lean Manufacturing is eliminating waste in every stage of supply chain. Hence Lean manufacturing contributes to the Green environment. This contributes to lean manufacturing.

Agile and Lean Supply Chain 37

Agile and Lean Supply Chain Supply Chain Design Software Material Savings Manufacturing Procurement 37

Supply Chain Matters

JUNE 21, 2022

Acknowledgement was made that rates are at historically high levels, with trans- Pacific freight costs rising by 200 percent in 2021 and with trans- Atlantic costs rising by 100 percent. This year’s report was far more candid in depicting the threats and challenges stemming from the ocean shipping segment. Rising Costs of Warehousing.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

Logistics Bureau

OCTOBER 19, 2017

For example, the Disaster Recovery Journal indicates the main sources of business interruption. Lean and Agile Trade-Offs. Lean supply chains reduce waste and increase profit. The lean ideal for using suppliers, for example, is to have just one that delivers just in time. However, each needs a different BCM approach.

Agile and Lean Supply Chain 45

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software 45

GlobalTranz

AUGUST 9, 2016

Lean is a new way of doing business. For shippers, culture and behavior have to change to apply Lean Transportation thinking. Lean thinking focuses on the elimination of all waste (where waste is defined as any non-value added process) and bringing value to the customer , beyond the customer’s expectations. Right Service.

Waste Reduction 120

Waste Reduction Agile and Lean Supply Chain Cost Reduction Strategies Lean 120

Unleashed

OCTOBER 4, 2023

This can include freight forwarding and documentation management. Integration with other supply chain functions: Order fulfilment connects with other aspects of the supply chain – such as procurement, production planning, and demand forecasting – to ensure alignment and smooth operations.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Cathy Roberson

MARCH 25, 2024

Express average daily volumes fell 2.9%, with no change in Ground and Freight average daily shipments per day declined 4.1%. Many of these retailers typically utilize their B2C carriers as B2B carriers but could opt to switch to another carrier because of cost or the size of the parcel/freight. LTL providers also play in this space.

Supply Chain Design Software 51

Supply Chain Design Software Logistics Network Optimization Software Supply Chain Network Software Modeling Software 51

Unleashed

NOVEMBER 28, 2022

It ensures products and materials are procured and delivered to the warehouse in a cost-effective, timely way. The replenishment process involves sourcing suppliers, procuring products and materials, developing effective delivery processes and coordinated lead times, and regularly reviewing current inventory processes.

Inventory Reduction 98

Inventory Reduction Material Savings Cost Reduction Strategies Resource Reduction 98

SCMDOJO

NOVEMBER 2, 2023

Expertise: Sourcing, Supply Chain Analysis, Logistics & Transportation, Logistics Management Consulting, Freight (Maritime, Land, or Air), Logistics Technology Solutions. He can lead your company through the complex procuretech industry because of his specialization on procurement technology. Connect Now!

Supply Chain Design Software 59

Supply Chain Design Software Negotiating Skills Optimal Sourcing Supply Chain Planning Software 59

Supply Chain Matters

APRIL 7, 2022

Part of this decrease may be attributed to temporary declining freight volumes as regions in Asia continue to deal with COVID-19 related suspensions of production, shipping or transport operations. That compares to $9,279.46 per 40-foot container reported at the end of February. This index stood at $9,304 at the end of 2021.

Global Transportation 52

Global Transportation Logistics Network Optimization Software Cost Reduction Strategies Global 52

The Logistics & Supply Chain Management Society

JULY 21, 2020

Supply chain trends and practices today, are mainly driven by cost optimisation and lean strategy. This has proved to be a major source of risk. Poor business continuity planning, lack of risk management programs and single source suppliers, have magnified the impact of such risks.

Supply Chain Planning Software 233

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Agile and Lean Supply Chain 233

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

Diversify Supplier Base : Relying on a broader array of suppliers helps distribute risk and reduces dependency on a single source.

Asset Management 130

Asset Management Inventory Reduction Inventory Optimal Sourcing 130

BlueYonder

MARCH 30, 2021

Already running lean operations, factories will struggle to manufacture new goods. Many companies resorting to air shipments aren’t finding this an easier path as air freight is already capacity constrained. One CPG manufacturer said that in their experience, air freight can take up to 30 days with high costs.

Real-time Visibility 52

Real-time Visibility Manufacturing Procurement Sourcing Strategies Inventory Reduction 52

GlobalTranz

MARCH 15, 2017

WorldShipping.org cites data from The Network for Transit and the Environment that shows that measured by grams/kg/km air freight as the largest carbon footprint impact and steamships as the lowest. Eliminating physical and process waste in manufacturing is key to sustainability - and while an ongoing challenge, lean is widely practiced. .

Cost Reduction Strategies 120

Cost Reduction Strategies Waste Reduction Expense Reduction Material Savings 120

GlobalTranz

FEBRUARY 27, 2017

WorldShipping.org cites data from The Network for Transit and the Environment that shows that measured by grams/kg/km air freight as the largest carbon footprint impact and steamships as the lowest. Calculating the carbon footprint of a company’s comprehensive logistics framework is tremendously complex.

Waste Reduction 120

Waste Reduction Sustainability Cost Reduction Strategies Expense Reduction 120

ShipBob

JANUARY 8, 2021

B2B orders are often purchased less often, sold in bulk, and shipped via freight (or parcel for smaller orders). Suppliers are B2B companies that are the source of goods in most ecommerce supply chains. Distributors procure goods from suppliers to sell to wholesalers and retailers, and they work closely with manufacturers.

Inventory Management Software 96

Inventory Management Software Supply Chain Design Software Optimization Software Logistics Network Optimization Software 96

6 River Systems

JUNE 29, 2020

When Toyota pioneered lean production in Japan back in the 1970s, its suppliers facilitated this by being colocated nearby. Yet many companies, lulled by efficient and relatively inexpensive logistics and transport, have been applying lean and just-in-time production methods that span global networks.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116