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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. Use of Freight Rate Benchmarking.

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

Cerasis

Black swans in the supply chain refer to unexpected, unusual disruptions within the supply chain, reports Melanie Nuce of Inbound Logistics. 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. For shippers, this means finding a way to handle changes in inventory and replenishment, as well as managing outbound freight and reverse logistics.

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Touchless Fulfillment and Shipping!

Supply Chain Game Changer

Touchless fulfillment and shipping article, and permission to publish here, provided by Jenis Sheth. The transportation & logistics industry found new ways to go touchless during this pandemic. One such instance is that of the transportation & logistics industry.

How to Reduce Product Damage During Shipping

Cerasis

If you are a product manufacturer, you know all too well the perils of shipping products from your factory or warehouse to a DC or retailer. Packaging and product damage during shipping is extremely common. Many shipping companies will stack pallets on top of one another to maximize their load, so you need to know this important piece of logistical information as well. . Trucking Logistics. Freight

The Pros and Cons: International and Domestic Sourcing

Unleashed

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. Let’s compare the strengths and weaknesses of both international and domestic sourcing options. International Sourcing. Reaping the benefits of international sourcing.

Why a Freight Audit Matters Today More Than Ever

Intelligent Audit

Discrepancies and errors with invoices, records, communications, and processes represent the biggest issues facing companies today regarding freight management. One such problem is the increased risk of invoicing errors in the global logistics landscape.

Talking Logistics: PINC and project44 Partnership Commentary

PINC

And yet, according to Logistics Management ’s most recent Technology Usage Study, only 8% of companies are currently using a yard management system (YMS). Source: Above the Fold: Supply Chain Logistics News (August 28, 2020). By Adrian Gonzalez.

Freight Rates News October 2015

Freightos

Since we live and breath freight, we constantly come across information that’s critical for our customers – logistic providers, shippers and carriers. And as freight innovators ourselves, we love seeing more innovation. This is our personal take on logistics news trends. Check out our Top Logistics Providers. Freight Rates News that rates for freight and logistics trends – October 2015. Freight index jitters.

Improving Global Freight Process Management

Talking Logistics

Many companies operating in the United States have achieved an inclusive look into their transportation spend, but unfortunately many companies that do business on a global level have struggled to achieve full freight process management. State-of-the-art transportation management systems (TMS) certainly help with planning and execution, but advanced freight audit and payment processes are also vital toward obtaining complete process management results.

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Trucking Market Q1 Update and 2021 Freight Outlook

Zipline Logistics

It was a tale of two freight markets during the past year due to the global pandemic that reshuffled consumption and commerce. We saw historic freight lows in the winter and early spring, followed by landmark highs in the summer and the remainder of the year.

LTL Capacity Best Practices in Times of Tight Freight Capacity

Cerasis

LTL capacity has routinely been used as a source of added capacity when full truckload becomes unavailable. LTL capacity is quickly becoming harder to find, and full truckload carriers have already started to turn away freight. Meanwhile, LTL carriers struggle to meet on-demand needs, so shippers need to know a few LTL capacity best practices to ensure their freight can be moved on time and without added costs. In a Nutshell The shipping surge will continue.

7 Ways to Strategically Elevate Freight Procurement

Talking Logistics

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. The embodiment of this transformation is the chief procurement officer, an increasingly common title for executives that strategically source goods and services. It is easy to understand why strategy is often set aside to meet immediate needs of getting product shipped out the door.

Local Sourcing, Global Supply Chain

BluJay Solutions

The recent announcement by Google-owned Motorola Mobility that all new Moto X smartphones sold in the US will be manufactured in Texas, highlights the continued importance of the global supply chain and role of freight forwarders and logistics services providers (LSPs) in successful local sourcing strategies. Subscribe to our blog to receive the full blog series via email and stay informed about the latest global logistics news and insight. .

Optimize Your Freight Spend Without Negotiation

Talking Logistics

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?” To get an expert’s response to that question, I interviewed Michael Falls, Senior Manager of Operations at enVista , in a recent episode of Talking Logistics. Rising Freight Spend .

Supplier Diversity in Logistics!

Supply Chain Game Changer

Supplier Diversity in Logistics article and permission to publish here provided by Kevin Jessop at cerasis.com. Overall, better relationships and supplier diversity in logistics lead to wealthier and more profitable opportunities. The post Supplier Diversity in Logistics!

Supply Chain and Logistics Predictions for 2016

Talking Logistics

Google did not acquire a third-party logistics (3PL) company or a logistics software vendor. Making supply chain and logistics predictions is like throwing darts at a moving target. How will transportation, inventory, and sourcing policy decisions change in light of this cheap oil environment? It’s also important to note that shipping and aviation, two industries with significant greenhouse gas emissions, are not included in the COP21 agreement.

6 Benefits of Transportation Consolidation Programs & How They Reduce Freight Spend

Cerasis

For manufacturers and shippers, freight spend represents one of the largest costs to the respective company. To combat freight spend, supply chain entities have devoted huge investments and deployed developmental teams to find ways to improve efficiency, manage all parts of the manufacturing and shipping process, and eliminate all sources of delays. However, freight rates are continuing to increase , yet the end users continue to demand lower shipping rates.

Sustainable Logistics: Quantifying Sustainability Measures of Your Logistics

Cerasis

Calculating the carbon footprint of a company’s comprehensive logistics framework is tremendously complex. 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. Creating more sustainable logistics is even more important for the trucking industry. Sustainable Logistics | Quantifying Sustainability Measures of Your Logistics.

Freight Rate News November 2015

Freightos

Wouldn’t it be amazing if someone could cut through the hype and summarize the key freight and logistics trends every month? If you prefer to find the news yourself, head over to our free roundup of nearly 100 digital logistics and supply chain news sources. Short Term Medium Term Special Feature Carriers & Cargo Innovation Freightos focus November 2015 freight and logistics trends that rate. Sustainable shipping! Freight Insights News

Technology Is The Key To Supply Chain Orchestration

Gravity Supply Chain

Entire logistics networks, manufacturing bases, and workers face a multitude of unprecedented disruption challenges. It’s not just the supply chain!

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Vizion’s Quality Data Enables Smarter Container Tracking

Gravity Supply Chain

Gravity partners with Vizion to help businesses make data-driven decisions, increase shipping reliability, reduce risks, and supply chain disruptions.

COP21 – Freight and Climate Change

Freightos

COP21, the Paris Climate change conference taking place this week got us thinking what the carbon cost was for shipping the TV. A quick check showed that shipping the TV from Taiwan to Nashville (ocean & trucking) led to about 6.7 The broader climate issue.and freight’s role. The emissions from freighting Shawn’s TV is a miniscule percentage of this year’s 33 billion ton cube. Finding freight’s contribution to GHG took a lot of digging. .

Healthcare Logistics

LeanCor

Healthcare Logistics: A Network Design Case Study. 23 million dollars in total healthcare logistics cost savings; how would that make you feel? Constructing a total cost model and performing a Greenfield analysis to identify optimal distribution center locations and transportation network allowed the LeanCor engineers to identify $23M total healthcare logistics cost savings for a healthcare product distributor. By: Leeanna Thomas – Manager Business Development. $23

How to Improve Freight Labeling for Transport and Logistics Management

Cerasis

Lost labels and mislabelled freight result in delays, loss of customer confidence and damage to your business reputation. To combat the problem here’s a way to improve freight labeling for transport and logistics management. Lost labels and mislabelled freight are irritating. Incorrect or missing labels are a source of frustration for packers, handlers, freight forwarders, customs officers, haulers and those receiving the goods. Freight Logistics

What the Chinese Shipping Merger Tells Us About the Future of Freight

Elementum

The merger between two Chinese freight shippers points to a lack of transparency and efficiency in the freight industry. What do I need to know about China’s shipping merger? Two Chinese shipping companies, Cosco and CSCL, are merging to form one alliance. The companies, who represent the 6th and 7th largest shippers in the world respectively, will become the 4th largest freight mover once the two have combined. Why is there such low demand for shipping?

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What’s Next for a Bubbling Freight Market?

Zipline Logistics

Despite a pandemic that has disrupted many parts of the global supply chain, the freight market has been on a recent tear. Simply put, there is more freight than available trucks, which has severely tightened capacity and driven up rates. What’s Causing Upward Freight Market Trends?

Two Important Questions About the Future of Freight Moves

Talking Logistics

Freight tons moving on the nation’s transportation network will grow 40 percent in the next three decades while the value of the freight will almost double, increasing by 92 percent, according to the latest projections by the U.S. Not surprising, considering the ongoing growth of e-commerce, freight moves in tons by “Multiple Modes and Mail” — which includes shipments by parcel delivery services, U.S.

The Data Behind Amazon’s Logistics and Fulfillment Play

Freightos

This is how he described their impact (emphasis added): “It may be because customers have such easy access to more information than ever before – in only a few seconds and with a couple taps on their phones, customers can read reviews, compare prices from multiple retailers, see whether something is in stock, find out how fast it will ship or be available for pick-up, and more. Fulfillment and global logistics is increasingly a goal in and of itself. Amazon’s logistics hiring plans.

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Freight and Logistics – Breaking the Traffic Jam that is your Supply Chain!

Supply Chain Game Changer

And we were still weeks away from being able to ship product to stores to relieve the pressure. You may also be able to have your Suppliers drop ship products directly to your customers. And if necessary you may want to dual source some of your supply with more than one supplier. Check out Freight and Logistics (Part 4) – Do You Have Hidden Freight Costs? . Freight #Logistics #SupplyChain #SCM #Distribution #Transportation.

Experts Choice Of Top Online Logistics Resources

Freightos

The Experts’ Choice of the Top Online Logistics Resources. 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. Experts’ Choice: Supply Chain and Logistics Email Newsletters. This is the experts’ selection – but if we had to choose just one, our go-to read is the fast-rising WSJ Daily Logistics Report.

Freight Rates News December 2015

Freightos

Freight Rates News. Freight and logistics trends that rate in the news. Check out our roundup of nearly 100 digital logistics/supply chain sources. OUR TAKE There is a lot more flexibility with parcel delivery, but some aspects of this change also applies to freight. SPECIAL FEATURE: FIVE TRENDS TO SHAPE THE SHIPPING INDUSTRY. This insight is much more instructive than studying changes in ships and related systems. News Freight Insight

Logistics Trends to Watch!

Supply Chain Game Changer

6 Major Delivery Logistics Trends! As the logistics industry, and the broader business world, looks to 2019, it’s time to explore what the next year will bring to logistics. After reviewing several industry sources most Logistics professionals are in agreement with all of these trends. Big Data And Blockchain Technology Will Revolutionize Logistics. The mass adoption of big data will be a game-changer in logistics. Subscribe Here! Email Address.

Unlocking the Value in Blockchain for Logistics

Cerasis

The value in blockchain for logistics is about more than just retaining information. Blockchain technology builds value in the supply chain through better transparency and process standardization, but it holds additional value through new logistics services and business models. For instance, blockchain enhances freight auditing and invoice management, as well as cybersecurity. The value in blockchain for logistics can be further refined into these specific benefits.

Cutting out the Middle Man: Presenting “Shipping With Amazon”!

Supply Chain Game Changer

In February, 2018 it was reported that Amazon was going to launch its own delivery service: Shipping With Amazon! Effectively Amazon has declared that they are officially entering the logistics business. The “Shipping With Amazon” service, albeit currently on a much smaller scale, competes with the logistics service and delivery capabilities offered by UPS, FedEx, and UPS. But these are incredibly large, well established logistics companies.

7 Steps to Pick and Implement Freight Analytics During Peak Season

Intelligent Audit

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.