20Cube Logistics

FEBRUARY 17, 2022

Besides these, there is a high level of complexity and risk that goes with the role, as well as immense loads of paperwork and the need for meeting short deadlines. The rapid rate of technological change and faster access to a greater amount of data are resulting in a transformation of the freight forwarding process. Working with Data.

Freight 75

Freight Resource Reduction Cost Reduction Strategies Inventory Reduction 75

GlobalTranz

JULY 28, 2021

That means identifying areas of waste, overlap and large volumes and enabling continuous improvement through the use of transportation metrics to track performance. It's the view from outside that allows 3PLs to orchestrate all aspects of freight management from within the network through transportation optimization. Learn More.

Optimal Sourcing 317

Optimal Sourcing Optimization Software Network Optimization Supply Chain Optimization 317

GlobalTranz

SEPTEMBER 23, 2021

High freight volumes across all industries in the trucking market are expected to continue into 2022.? The added strain on resources is on track to force high freight volumes to continue well into the next year. Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. ?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

GlobalTranz

OCTOBER 16, 2015

, at Cerasis, we know a thing or two about the nuances of LTL procurement. LTL procurement is something we do very well. So we thought we would impart upon all the shippers out there some tips on how to reduce overall costs for effective LTL Procurement. BONUS : Download the Guide To LTL Freight Mangement White Paper.

Negotiating Skills 120

Negotiating Skills Price Reduction Cost Reduction Strategies Optimal Sourcing 120

GlobalTranz

APRIL 5, 2017

If your vendors do not understand your organization’s policies and procedures regarding inbound freight , how can they adhere to your needs? This means that a near-majority of companies are faced with the pitfalls of internal, low-guidance systems for managing both inbound and outbound freight. Lack of Trading Partner Understanding.

Vendor Strategies 123

Vendor Strategies Cost Reduction Strategies Inventory Reduction Logistics 123

Supply Chain Shaman

JANUARY 8, 2014

When I meet with my customers, I get thumbs-down feedback. Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. I recently interviewed him for my upcoming book, Metrics that Matter, that publishes in August 2014. ” Supply Chain Leader.

Procurement Analytics 259

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 259

Supply Chain View from the Field

NOVEMBER 10, 2014

In addition to the procurement executives, I also got to meet Captain Dick Phillips, the captain of note in the film “Captain Phillips” We had a chance to talk about his experience, and he also presented to the group about the incredible experience he went through. Does procurement add to top line revenue.

Manufacturing Procurement 124

Manufacturing Procurement Procurement Conference North America 124

EC Sourcing Group

MARCH 12, 2023

Read more – Procurement Software Guide Metrics for supplier performance analysis Let’s look at some of the key categories and associated metrics that can be used to assess supplier performance. QUALITY: The quality of goods and services provided by the supplier, as well as the supplier’s delivery performance and accuracy.

Procurement Analytics 52

Procurement Analytics Purchasing Skills Procurement Solutions Supply Chain Planning Software 52

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

The overarching rule that all actions taken are meant to meet the needs of the present society without compromising future generations’ ability to meet their own needs, is a key driver. From just being environmentally friendly, it has become a holistic framework that encompasses the environment, social and corporate governance.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

QAD

FEBRUARY 7, 2023

Since then, technology and changes in the landscape of business have evolved SRM, but the primary goal is still the same: determine if strategic suppliers help meet your business goals in a satisfactory manner, and streamline the supply process as needed.

Price Reduction 97

Price Reduction Material Savings Vendor Strategies Inventory Reduction 97

SCMDOJO

JULY 24, 2023

Let’s take a closer look at these stakeholders and their roles: Shippers: Shippers are businesses that produce or procure goods and require them to be transported to their intended destinations. Common Services Contract logistics providers offer a wide range of services to meet the diverse needs of their clients.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

GlobalTranz

DECEMBER 29, 2014

To that end, every warehouse manager’s role is to manage the physical environment, loadshifting equipment and people, to decrease the chances of collision and accidents, and often, to help the flow of freight via outbound and inbound freight management; an entire process known as warehouse traffic management. Read the full Post.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

GlobalTranz

OCTOBER 21, 2015

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. All KPIS have a target percentage to meet. 3PL/SLA Skills/Knowledge.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

American Global Logistics

DECEMBER 7, 2022

That results in responsive supply chains that meet customer needs, regardless of changing conditions. This metric, referred to as a “Frankenstat” due to its grand scope, has many critics. Putting that aside, the creation of this metric signifies the federal government’s increasing role in supply chain matters. #3

Russia 52

Russia Inventory Reduction Price Reduction Modeling 52

Zipline Logistics

JANUARY 10, 2023

Starting his career in carrier procurement and management within a Fortune 100 logistics company, Lynch has held positions of responsibility in all areas of third-party logistics. But I quickly determined there had to be a better way to offer value in logistics services, especially for retail products that must meet hard delivery timelines.

Supply Chain Software 52

Supply Chain Software Security Supply Chain Strategy Logistics Network Optimization Software 52

ThroughPut

FEBRUARY 23, 2024

In short, AI for demand forecasting facilitates the creation of an agile ecosystem where companies can predict demand in real-time and can quickly adapt to meet the changing demands of their customers. You need to balance between meeting demands optimally and adopting cost-effective production means. You can read more about it here.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Supply Chain Shaman

DECEMBER 13, 2015

For one customer that I was working with, it was E2open for hi-tech procurement, GT Nexus for ocean freight, CH Robinson for over- the-road transportation, SupplyOn and Exostar for communication with A&D customers, and Elemica for communication with rubber and plastic suppliers. The solutions to close the gaps are not so easy.

Manufacturing Procurement 150

Manufacturing Procurement Procurement Analytics Supply Chain Network Software Procurement Solutions 150

BlueYonder

DECEMBER 22, 2017

JDA’s TMS also audits tender compliance from carriers based on metrics, such as carrier acceptance rates. The solution can observe primary tendered carrier auditing, such that carriers that were rightfully offered freight given their capacity commitment, then reject the load, are tracked for contract compliance. Modeling Suggestions.

Puerto Rico 53

Puerto Rico Capacity Optimal Sourcing Transportation 53

TMC

SEPTEMBER 22, 2016

As part of their daily routine, every TMC account team holds a 15-minute stand-up meeting that is led by account and/or operations managers. Why are daily face-to-face staff meetings necessary in a work environment that relies more and more on digital communications? A key part of our daily discussions is customer KPI metrics.

Optimal Sourcing 48

Optimal Sourcing KPI Logistics Network Optimization Software Supply Chain Network Software 48

Supply Chain Game Changer

NOVEMBER 19, 2018

Whatever your Industry you should be able to make comparisons to competitors, do benchmarking, and even compare yourself on key metrics across industries. The Supply Chain team must always meet the demands and pressures that the organization demands. And the reality is that Supply Chain must be cost-effective.

Negotiating Skills 84

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 84

GlobalTranz

JANUARY 30, 2015

The methods of evaluating metrics or developing KPIs vary significantly from company to company. LinkedIn The post 3 Requirements for Meaningful & Useful Data in Transportation & Business appeared first on Freight Logistics Company | Cerasis. If you’d like to speak to me, shoot me an email at tphillips@cerasis.com.

Transportation 120

Transportation Data Analytics Software Optimal Sourcing 120

BlueYonder

DECEMBER 22, 2017

JDA’s TMS also audits tender compliance from carriers based on metrics, such as carrier acceptance rates. The solution can observe primary tendered carrier auditing, such that carriers that were rightfully offered freight given their capacity commitment, then reject the load, are tracked for contract compliance. Modeling Suggestions.

Puerto Rico 40

Puerto Rico Capacity Optimal Sourcing Transportation 40

BlueYonder

FEBRUARY 17, 2022

Impact: This is resulting in procurement teams scrambling to find new supply sources, while engineers are looking for substitutions alternatives, and other company leaders are figuring out how to bring more in-house for a vertical integrated approach. How is my supply chain going to keep up with today’s velocity of change?

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 70

Supply Chain Game Changer

NOVEMBER 9, 2018

You know the people, the processes and the metrics. Most companies have a Procurement function, Distribution, Logistics, Planning, Inventory Management, Product Data Management, and Operations. Poor metric performance (eg. Inability to forecast, do what-if analyses and to make and meet commitments. Poor leadership.

Agile and Lean Supply Chain 43

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

Unleashed

MARCH 23, 2021

Chances are, especially in this strange new economy, life is going to get fairly complicated as you need to adjust the supply of materials to meet changing demand , as well as account for all the other little details that come along with purchasing and utilising materials. But what do materials managers do, and why are they important?

Material Savings 98

Material Savings Purchasing Skills Manufacturing Procurement Negotiating Skills 98

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. Look out for industry-type events in your area, as these provide an opportunity for you to meet lots of people. Organise collection and shipment of freight. Networking.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

ShipBob

NOVEMBER 6, 2023

This helps you understand trends so you can be better informed during inventory procurement and when you’re forecasting demand. Doing this analysis helps you make informed decisions about freight shipments, find out if you’re overspending, and gain greater visibility into freight shipments.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

Unleashed

JULY 25, 2023

It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. Automate purchasing Automated purchasing will maximise efficiencies by speeding up your procurement processes.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

FLEXE

JUNE 14, 2018

For most, customer loyalty is more about your products and the experience they have when engaging with your brand—from discovery to check out to receiving their order—and how that meets expectations. Understand all your fulfillment options that will help you meet those customer demands. Determining Your Delivery Promise.

Procurement Analytics 34

Procurement Analytics Purchasing Skills Procurement Solutions Resource Reduction 34

FLEXE

JUNE 14, 2018

For most, customer loyalty is more about your products and the experience they have when engaging with your brand—from discovery to check out to receiving their order—and how that meets expectations. Understand all your fulfillment options that will help you meet those customer demands. Determining Your Delivery Promise.

Procurement Analytics 34

Procurement Analytics Purchasing Skills Procurement Solutions Resource Reduction 34

IQMS

OCTOBER 18, 2019

Key factors influencing inventory levels, supplier quality, demand forecasting, procure-to-pay, order-to-cash, production planning, transportation management and more are becoming known for the first time. New knowledge and insights from machine learning are revolutionizing supply chain management as a result. no opt-in). 15th, 2017 (PDF.,

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 73

The Logistics of Logistics

JUNE 7, 2019

Pros: If the 3PL is good at procurement, they can build a large network of partners / carriers. The most important measure is the Paydex metric. 3PLs that specialize in other services like air freight, sea freight, warehousing, etc. Metrics / Key Performance Indicators (KPI). Financial Stability. Specialization.

3PL 100

3PL Negotiating Skills Optimal Sourcing Purchasing Training 100

QAD

OCTOBER 24, 2023

Benefits of Collaborative Supplier Relationships Increasingly, organizations are realizing the benefits of tightening relationships with suppliers to better manage the sourcing and procurement of goods and lower supply costs. So, we can not truly say that the sourcing process begins with supplier management.

Supplier Management 93

Supplier Management Procurement Solutions Optimal Sourcing Supply Chain Network Software 93

Supply Chain Game Changer

NOVEMBER 17, 2020

” Here is a summary of how these Global Supply Chain and Business Leaders responded and shared their lessons learned: Kristie Syndikus, VP Procurement at Maple Leaf Foods. These are the step towards accountable behavior when solving a problem Have balanced, relevant and valid metrics. Plus, metrics protect you.

Global 53

Global Supply Chain Planning Software Negotiating Skills Purchasing Training 53

ToolsGroup

APRIL 1, 2022

Industry professionals have put in tireless hours and taken strategic measures to keep the supply chain moving and meet customer demand. Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Deloitte ). Wall Street Journal ). Automotive News Europe ). Bloomberg).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

DynaSys

JANUARY 13, 2021

Demand is usually not dramatically affected; just the ability to meet it. Sudden capital & cash shortfalls caused service levels to plummet and procurement and operations to scramble for alternatives. Your Finance department is minding this metric in particular. COVID-19 impacted the industries on every levels.

Supply Chain Planning Software 61

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 61

Talking Logistics

JANUARY 18, 2017

But while there are many paths to achieving transportation savings — everything from taking a smarter approach to procurement to building loads and optimizing routes more effectively — what many companies continue to struggle with is sustaining those savings in year two, year three, and beyond.

Waste Reduction 100

Waste Reduction Sustainability Transportation Cost Reduction Strategies 100