Parade

JANUARY 26, 2021

tl/dr - Don’t buy software-especially anything around “freight tech”-if your vendor can’t show you exactly what impact you’ll get and which knobs to tune. but there is one reason that is particularly relevant to freight brokers as they think about how to use technology to create an advantage vs. their peers. Inputs vs. Outputs.

Metrics 78

Metrics Freight Seattle Examples 78

3rdwave

JULY 20, 2020

Too often – make that almost always – importers and exporters (BCOs – Benefiticcial Cargo Owners) are dependent on their NVOCC, Freight Forwarder or 3PL (3PL) to provide them with visibility into their global supply chains. independent performance metrics and analytics for management decision support.

3PL 54

3PL Freight Procurement Analytics Negotiating Skills 54

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

Resilinc

APRIL 13, 2021

Institutionalizing is when the support of your stakeholders and C-level leaders deepens because they see the SCRM program is achieving its metrics. The key to Institutionalizing your SCRM program is achieving ongoing successes as measured by the metrics agreed to in the Plan—and ensuring that leaders and stakeholders validate these successes.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Strategy 62

Supply Chain Cowboy

MARCH 1, 2015

But is your scorecard missing key metrics? It includes a free Excel template that you can modify to match exactly what metrics you want to measure. While some of these metrics might not apply to your business model, there’s definitely a few to add if they measure something important to you and your customers. Communication.

Vendor Strategies 40

Vendor Strategies Metrics Price Reduction Expense Reduction 40

Kinaxis

DECEMBER 7, 2015

Which metrics are most important? Everyone would agree that the big buckets of metrics are Service, Revenue, Inventory (Cash), and Cost, which support your company’s strategic goals. Best in class characteristics for supply chain measurement include: Share insight and accountability for key metrics across the company.

Inventory Reduction 100

Inventory Reduction Supply Chain Optimization Cost Reduction Strategies Supply Chain Strategy 100

The Logistics & Supply Chain Management Society

APRIL 26, 2022

The Freightos Baltic Index Global Container Freight Index shows the cost of shipping freight remains hugely elevated – more than double the price a year earlier. In fact, global freight rates have increased tenfold since the start of the pandemic. And this was before the Russian invasion of Ukraine began.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Logistics Viewpoints

JULY 27, 2021

One way to gain an edge is to analyze existing carrier contracts against spot market pricing posted on load boards and freight auctions to determine if your current carriers are in line with going rates. In a tight market, it never hurts to shop your contracts. Keep Your Eyes on the Road.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Predictive Analytics Software 246

Intelligent Audit

DECEMBER 15, 2020

The data is present but lacks value due to a simple inability to act on the right data and make sense of its sheer volume. Mike Griswold, Vice President Analyst at Gartner , had this to say about the value supply chain KPIs and metrics. Damaged freight or packages effectively results in an extra expense on the supply chain.

Gartner 52

Gartner Supply Chain Software Supply Chain Optimization Supply Chain Strategy 52

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

Talking Logistics

AUGUST 28, 2018

They multiplied three commonly-used metrics for measuring truckload performance to identify the Leaders: First tender acceptance (FTA). Next, researchers looked at freight attributes of shippers. Those 80% of the loads in 20% of the lanes typically present attributes that the asset carrier community is most interested in.

Research 106

Research Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 106

GlobalTranz

DECEMBER 27, 2017

Today, is day two of our annual year-end series highlighting the top blog posts in each of our 5 main categories: Manufacturing , Supply Chain , Logistics , Transportation Management , Freight. Download: The Impact of Big Data in the Supply Chain & Transportation Management Industry Webinar Replay, Transcript & Presentation.

Supply Chain Software 151

Supply Chain Software Optimal Sourcing Supply Chain Optimization Supply Chain Strategy 151

The Logistics of Logistics

SEPTEMBER 26, 2017

Even as the industry is becoming more data driven than ever before and cutting-edge software is increasingly used to manage freight from start to finish, the development of your sales team is still important. According to Supply Chain Quarterly , Quarter 4, 2011 issue: “Supply chain scorecards typically focus on operational metrics.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Logistics Supply Chain Design Software Supply Chain Software 100

SupplyPike

APRIL 17, 2020

LTL freight carriers normally transport small shipments of freight from many companies. When companies opt for LTL shipping, they are charged for the section of the semi-truck that their freight takes up. This method is ideal for freight shipment ranging from 150 to 20,000 pounds. Freight Class.

Shipping 56

Shipping Vendor Strategies Expense Reduction Cargo 56

Talking Logistics

DECEMBER 4, 2017

And that was the main point of the keynote presentation: to illustrate to all the stakeholders in the HBM ecosystem (producers, suppliers, contractors, and haulers) the possibilities and opportunities that exist to elevate the way they communicate, collaborate, and orchestrate (plan and execute) their processes.

Material Savings 0

Material Savings Supply Chain Planning Software Conference Supply Chain Software 0

Zipline Logistics

JANUARY 10, 2023

In the context of what we’re talking about today and the kind of freight Zipline Logistics specializes in moving, the term “supply chain” encompasses the process of getting CPG products from their place of final production to their place of distribution and/or final selling location. What does the term “supply chain” encompass?

Supply Chain Software 52

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

Talking Logistics

MAY 22, 2018

So stated Ken Hughes , a leading consumer and shopper behaviouralist, in his keynote presentation at Trasnsplace’s 16th Annual Shipper Symposium a couple of weeks ago. It’s the reason why On Time In Full (OTIF) is a critical supply chain metric today. Digital Freight. “Consumers are the disruptive force today, not technology.”.

Supply Chain Planning Software 123

Supply Chain Planning Software Logistics Network Optimization Software Estonia Predictive Analytics Software 123

GlobalTranz

JUNE 18, 2015

This presents opportunities for developing new revenue streams, an exciting challenge to logistics professionals. meaningful and accurate performance metrics. TMS software in conjunction with a reverse logistics system provides necessary metrics, including: average travel distance per item. reverse logistic cycle time control.

Reverse Logistics 120

Reverse Logistics Optimization Software Demand Planning Software Supply Chain Network Software 120

Supply Chain Shaman

JANUARY 28, 2015

We then rated companies on their ability to manage and improve a portfolio of metrics: operating margin, inventory turns and Return on Invested Capital (ROIC). What suppliers need help with cost (LEAN, labor, freight,…)? Delivery Metrics: Perfect order delivery although good to continually refine. Third Phase: 2013-future.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

GlobalTranz

AUGUST 4, 2015

Editor's Note: As a third party logistics company with a focus on better Less-Than-Truckload (LTL) freight management, we have several shippers who are in the manufacturing industry. In today's post, we share 5 Golden Manufacturing Metrics that all manufacturing companies should understand to improve plant operations quality.

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 120

GlobalTranz

OCTOBER 20, 2017

Even custom-built kitchens can now be ordered via Homedepot.com, so the demand for more than just delivery is present, explains Supply Chain Digest. It can include assembly and installation, furniture repair, pickups, and exchanges, reports Brian Straight of Freight Waves. White glove service. If personalized service.

Logistics Network Optimization Software 122

Logistics Network Optimization Software Logistics Procurement Analytics Cost Reduction Strategies 122

Parade

MARCH 17, 2022

On February 24, 2022, Parade VP of Customer Experience Elise Le met up with , Tai TMS VP of Sales and Marketing Sean McGillicuddy and , Fortune Logistics Executive Regional Manager Tyler Gilpin for a , Freightwaves webinar entitled The Modern Freight Brokerage: Parade and Tai Pair Up To Help Brokerages Scale and Step Into the Future of Freight.

Freight 78

Freight Supply Chain Network Software Demand Planning Software Logistics Network Optimization Software 78

Talking Logistics

FEBRUARY 18, 2015

If you think about it in terms of Total Cost Management/Spend Management, when you start to talk about things like contract negotiation, having better insight into your spend, and understanding the metrics around it, all of which obviously provides valuable insights and helps you with those negotiations. There’s also process improvement.

Supply Chain Visibility 100

Supply Chain Visibility Negotiating Skills Optimal Sourcing Supply Chain Optimization 100

Talking Logistics

MARCH 2, 2017

Next, align your service level expectations by rewarding outstanding performance and standardizing metrics about on-time delivery, invoice accuracy and communication. Additionally, for shippers with enough freight volume on competitive lanes, a virtual fleet can also be a viable alternative.

Capacity 0

Capacity Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 0

Supply Chain Collaborator

OCTOBER 17, 2017

The third party logistics (3PL) model, while critical to smaller, low-volume shippers, has never been the best option for organizations shipping moderate-to-high volumes of freight. However the carrier management, rate management, rate benchmarking and a host of other performance metrics are absent from the 3PL-based tools.

Supply Chain Design Software 60

Supply Chain Design Software Supply Chain Software Modeling Software Logistics Network Optimization Software 60

Supply Chain Matters

APRIL 20, 2022

Regarding the latter, reportedly there are beliefs expressed that bots are better at collecting different types of data without error, making rational decisions and predicting future outcomes based on metrics of performance. Not all respondents shared such views, but the respondent percentages would indicate definitive viewpoints.

Survey 111

Survey Sustainability Cost Reduction Strategies Sourcing Strategies 111

GlobalTranz

JANUARY 30, 2015

Is the data presented as useful to make better business decisions or improve business practices? The methods of evaluating metrics or developing KPIs vary significantly from company to company. Proper system guides should be implemented along with individualized training to mitigate possible bad data entry.

Transportation 120

Transportation Data Analytics Software Optimal Sourcing 120

AFFLINK

DECEMBER 17, 2019

Your business is often only as strong as its freight management. Better freight management can make it possible for you to save money, improve your day-to-day operations, and increase your reputation with those you ship to. Here are a few important tips on how to improve your freight management. Establish metrics.

Optimization Software 62

Optimization Software Price Mitigation Strategies Freight Material Savings 62

3rdwave

JANUARY 17, 2020

visibility to the port of entry to determine the status of a transportation unit for delivery priority, visibility to regulatory statuses at the port of entry, visibility to receipt detail, visibility to exception alerts when defined milestone events are not met, visibility to freight contract cost elements for freight audit validation.

Optimization Software 54

Optimization Software Supply Chain Optimization Demand Planning Software Supply and Demand 54

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. This freight management KPIs measures a broad scale of maintenance as well.

Freight 120

Freight Procurement Analytics Sourcing Strategies Cost Reduction Strategies 120

Intelligent Audit

NOVEMBER 3, 2022

In today’s world, shippers often use a combination of carriers, last-mile deliverers, freight brokers, and third-party or private fleets. To achieve freight optimization , shippers need a better understanding of the best carriers for each shipment, the optimal modes, services, and ship-from locations.

Network Optimization 52

Network Optimization Supply Chain Network Software Optimization Software Modeling 52

Talking Logistics

DECEMBER 21, 2018

Truck Capacity Shortage: The Past, Present and Future. Optimizing Your Freight Spend Without Negotiation. Until then, here’s our final Song of the Week for 2018, “Now Or Never Now” by Metric. With Tariffs In Flux, Digital Inventory Technology Might Be The Solution To Holiday Bloated Inventory Levels.

Video 101

Video Logistics Network Optimization Software Negotiating Skills Supply Chain Planning Software 101

SupplyPike

FEBRUARY 26, 2020

One of two situations need to occur: Walmart didn’t pick the shipment up on time Walmart Freight didn’t drop the shipment off on time. Present the best possible case with credible backup documents. Collect orders are shipments that Walmart comes to pick up themselves. Prepaid orders are shipped to Walmart by you.

How To 52

How To Supply Chain Software Canada Retail 52

SCMDOJO

JULY 3, 2023

Procurement presents an array of promising opportunities within numerous organizations, making it an exhilarating field. This course is taught by Maryna Trepova, who is a procurement expert who provides consulting training, especially in procurement management courses.

Purchasing Training 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

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.

Manufacturing Procurement 124

Manufacturing Procurement Procurement Conference North America 124

GlobalTranz

APRIL 13, 2015

Well designed TMS systems contribute in all these stages and helps to take a business global through effective management of freight flows and increased efficiency throughout the distribution network. If your biggest pain point in transportation management is in LTL freight shipping, our TMS system is perfect. Evaluating TMS Systems.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Optimization Software Analytics Software 120

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. Raw Materials, Buyers, Planners, Product Data Management, Commodity Managers, Freight and Logistics, Distributors, Suppliers, Systems (eg. Promoting Supply Chain Value. Conclusion.

Negotiating Skills 84

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 84