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CombineNet and Transplace Extend Partnership in Delivering Advanced Transportation Procurement Solution to North America. According to the press release: Transplace leverages the CombineNet ASAP® advanced e-sourcing technology as part of its expert solutions, helping customers develop and optimize their carrier strategy for procurement events involving truckload, less-than-truckload (LTL), and intermodal needs. MORE
You probably started your TMS project to manage shipping costs for your high-value freight, inbound or outbound. With constantly changing markets and rates, procuring and maintaining the best possible rates can be a nightmare. If you’re outsourcing Freight Audit & Payment, have you integrated your freight pay partner with your TMS so they have access to the most current rates and carrier information? On, Analytics and Reporting ! MORE
Associated Press reports that the US has so much crude they’re running out of places to store it. Intelligent Procurement. Freight Payment Accuracy. Whether it is finding more fuel efficient routes and modes, identifying best and worst performing carriers, ensuring accurate freight charges or improving communications among all stakeholders in transportation, these tools help organizations save costs and avoid needless or redundant expenses. MORE
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. According to the American Trucking Association, in the USA trucks move 11 billion tons of freight each year; deliver 100 percent of all consumer products and 70 percent of all freight tonnage ; and deliver to the 80 percent of U.S. MORE
This was followed by a breakout session where the attendees discussed the challenges and opportunities in small groups and then reported back their key takeaways. Having more timely, accurate, and complete data — and converting it into actionable intelligence — will not only lead to cost reductions and increased asset utilization, but also improvements in customer service and satisfaction, the top metric cited by the respondents. MORE
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. 10 LTL Procurement Cost Cutting Tips. Routing guides optimize freight lanes and remove excess shipping costs. Logistics LTL ltl procurement MORE
Either way, a surfeit of data can gum up the decision-making process and make it more difficult to pinpoint the root causes of problems that are undermining the efficiency of your freight network. For example, the Shipping Department needs to monitor metrics such as on time delivery and cycle times, but Procurement relies on a different mix of measures. It’s easy to get bogged down in streams of data generated by inappropriate metrics. MORE
The methods of evaluating metrics or developing KPIs vary significantly from company to company. Proper expectations should be set with your provider regarding the reporting requirements. These should include the exact analytics needed, the timing of report generation, and parties within your organization responsible for collaborative evaluation. As data in transportation becomes more abundant and readily available, the question of “ What data is available ?” MORE
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. According to the American Trucking Association, in the USA trucks move 11 billion tons of freight each year; deliver 100 percent of all consumer products and 70 percent of all freight tonnage; and deliver to the 80 percent of U.S. MORE
“Additionally, a review of reporting procedures can act as a safeguard against corruption throughout operations. All stakeholders who interact with the supply chain should be aware of hotlines and other reporting mechanisms, which should establish a clear path and adequate protections for whistleblowers.” Establishing protocols, metrics, organizational owners, and related processes can empower organizations to respond more effectively when faced with a crisis.” MORE
To determine whether a shipper fell into a Leader or Laggard category, researchers measured three commonly-used performance metrics: on time pickup, on time delivery, and first tender acceptance. Matching their strengths with your service corridors leads to better performance and having a routine procurement process will ensure your carrier networks are aligned with your current demand. MORE
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. Reducing freight costs, improving supplier delivery performance, and minimizing supplier risk are three of the many benefits machine learning is providing in collaborative supply chain networks. MORE
Our supply chain involves a contract manufacturer, a third-party testing facility, warehouses to store inventory and a freighting company. For example, if my contract manufacturer is late with an order it can cause me to incur excess costs with the freighting and warehousing companies, respectively. In the meantime, companies need to make sure they have the most talented negotiators and leaders heading up their procurement and supply chain functions. MORE
For access to the report on business networks reference this r eport. 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. MORE
A few months later, Fedex reported the financial impact of that cyber attack: $300 million (Maersk reported a similar financial impact a month earlier). On December 17, Newsweek reported that “The United States Military has conducted joint training operations with South Korean forces to practice removing nuclear weapons from North Korea in the event of war.” According to a report published recently by CBRE, holiday e-commerce returns could reach $32 billion this year! “E-commerce MORE
To determine whether a shipper fell into a Leader or Laggard category, researchers measured three commonly-used performance metrics: on time pickup, on time delivery, and first tender acceptance. Matching their strengths with your service corridors leads to better performance and having a routine procurement process will ensure your carrier networks are aligned with your current demand. MORE
In other words, individual companies may have different data priorities, but they should all follow a similar structure—involving the collection, cleansing, analysis, and reporting of insights. To ensure your company tracks the right supply chain data in 2020, approach data management from a critical view—considering its impact from procurement through outbound freight and even reverse logistics. Metrics and KPIs Supply Chain Supply Chain Data MORE
Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts. “By keeping an eye on these warehousing metrics, you can map out an error-resistant fulfillment process that moves from order to delivery as efficiently as possible. ” — 7 Metrics You Need to Streamline Your Warehousing Processes , Aero Fulfillment; Twitter: @AeroFulfillment. MORE
AMRs are already breathing new life into warehouse operations through four, distinct types of robots, reports Craig Guillot of Supply Chain Dive. A Guide to the Warehouse Metrics Supply Chain Execs Should Track. Sorting Robots/Stationary Articulated Robots Stationary robots are used for palletizing and depalletizing freight. These robots also have applications in packaging, labeling, and the loading of freight onto outbound trucks. MORE
Spot market rates are increasing for freight going from Mexico to the California, Washington, and Oregon areas. Carmakers and electronic manufacturers in South Korea and Japan are reporting production line shutdowns. The global air freight market for Asia, Europe and North America is impacted by the dramatic decline in commercial passenger flight volume creating capacity shortages and volatile spot market pricing without transit time commitments. PIERS reporting 10.1% MORE
Business policies, ways of doing things, and metrics are all a result of human decisions. This does not mean being a reporter or spectator. Freight and Logistics Human Resources Procurement Supply Chain Management Career LeadershipSubscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Ground Rules for Creating a Game Changing High Performance Organization (HPO)! Success means different things to different people. MORE
Take a moment to think about how these remaining six trends will impact the shipping and freight industry as a new administration takes control. President Trump’s plans will likely stimulate short-term growth, reports Patrick Burnson of Supply Chain 24/7. Online sales grew 12 percent in 2016, and growth is forecasted for 2017, reports Ludger Schuh of the Inventory and Supply Chain Blog. Hyper-Local Demand Will Drive Last-Mile Freight Delivery and Optimization. MORE
Assumptions and intuition don’t drive business decisions, quantifiable metrics do. According to a UPS report, 74% of consumers say “free shipping” is the most important delivery option and 44% will choose a slower ship time if it means it’s free. If you need more than one facility, often times you’ll have to multiply efforts to source and procure the location and services you need. MORE
They need a general understanding of everything from procurement of raw materials to customer service. We have established business metrics and we love to quantify our business strategies. How can resources be procured at the best price? What are the best ways to move freight? Verwijmeren reports, “66 percent of supply chain leaders believe that advanced analytics will be critical to their operations in the next few years.” MORE
Either way, a surfeit of data can gum up the decision-making process and make it more difficult to pinpoint the root causes of problems that are undermining the efficiency of your freight network. For example, the shipping department needs to monitor metrics such as on time delivery and cycle times, but procurement relies on a different mix of measures. It’s easy to get bogged down in streams of data generated by inappropriate metrics. MORE
Assumptions and intuition don’t drive business decisions, quantifiable metrics do. According to a UPS report, 74% of consumers say “free shipping” is the most important delivery option and 44% will choose a slower ship time if it means it’s free. If you need more than one facility, often times you’ll have to multiply efforts to source and procure the location and services you need. MORE
In late February, LeanLogistics introduced LeanGlobal , a new TMS module that facilitates ocean freight transportation (see my comments at the time), and last week the company announced LeanFleet , a tool designed to streamline fleet planning and execution. Users have the ability to provide rich lane metrics to carriers as well as their standing in the current bid process. MORE
Transportation management is no longer a tactical approach to simply moving freight and doing it at the lowest possible cost. As we head towards what many experts are citing as a 2017 carrier capacity crisis and growing demands from consumers to keep them happy call for shorter delivery cycles, the traditional strategy of procurement cost saving and shipment consolidation opportunities have to be supplemented through innovative solutions, to deliver the best bang for the buck. MORE
In other words, the simple act of providing reports to executives and upper-level managers could be considered a form of data visualization, and better reporting will be a fundamental improvement in supply chains throughout 2018, explains Craig Guillot of Supply Chain Dive. Supply chain managers refocus their efforts to increase adherence to perfect order metrics and leverage marketing capabilities and capacities to their fullest potential. Subscribe Here! Email Address. MORE
Under this regime, the primary responsible party in the freight market will be the vessel owner or operator. million metric tons annually. New fuel will likely cost more than current bunker fuels and fuel surcharges will likely be added by carriers & its expected to increase freight rates by at least 15% to 30% in 2020. will also need to update freight tariffs accordingly. Preparing for a New Marine Freight World. Subscribe Here! Email Address. MORE
The JDA Transportation Manager offers several powerful applications including Fleet and Freight Order Management to create work plans for private or 3PL fleets as well as inbound shipment collaboration. It also offers Logistics Procurement apps to negotiate competitive contracts in a network as well as the JDA Transportation Manager, Modeler and Planner which syncs up planning and execution stages, models experimental transport networks and maximizes use of assets. MORE
If your vendors do not understand your organization’s policies and procedures regarding inbound freight , how can they adhere to your needs? A Peerless Research Group (PRG) report indicated that up to 44 percent of supply chain entities do not actively have plans in pursuing or using a transportation management system (TMS), such as the Cerasis Rater. Approximately 54 percent of companies actively run metrics on inbound freight, but these metrics may be lacking. MORE
A carefully calculated reorder point is therefore critical to good stock control, and keeps your key metrics looking healthy for your next inventory report. By automating re-ordering you can help your procurement team be more efficient and free up time for more value-adding work. MORE
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. The Ultimate Guide for Effective LTL Freight Management : we put on a 60 minute webinar entitled, “Best Practices for Effective LTL Freight Management and Shipping.” MORE
In other words, the simple act of providing reports to executives and upper-level managers could be considered a form of data visualization, and better reporting will be a fundamental improvement in supply chains throughout 2018, explains Craig Guillot of Supply Chain Dive. Supply chain managers refocus their efforts to increase adherence to perfect order metrics and leverage marketing capabilities and capacities to their fullest potential. Subscribe Here! Email Address. MORE
Freight Metrics Procurement Report Unleashed
DECEMBER 2, 2020
A carefully calculated reorder point is therefore critical to good stock control, and keeps your key metrics looking healthy for your next inventory report. By automating re-ordering you can help your procurement team be more efficient and free up time for more value-adding work.
Cerasis
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. 10 LTL Procurement Cost Cutting Tips. Routing guides optimize freight lanes and remove excess shipping costs. Logistics LTL ltl procurement
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Veridian Solutions
MARCH 16, 2020
In other words, individual companies may have different data priorities, but they should all follow a similar structure—involving the collection, cleansing, analysis, and reporting of insights. To ensure your company tracks the right supply chain data in 2020, approach data management from a critical view—considering its impact from procurement through outbound freight and even reverse logistics. Metrics and KPIs Supply Chain Supply Chain Data
Supply Chain Game Changer
JANUARY 20, 2020
In other words, the simple act of providing reports to executives and upper-level managers could be considered a form of data visualization, and better reporting will be a fundamental improvement in supply chains throughout 2018, explains Craig Guillot of Supply Chain Dive. Supply chain managers refocus their efforts to increase adherence to perfect order metrics and leverage marketing capabilities and capacities to their fullest potential. Subscribe Here! Email Address.
Supply Chain Game Changer
NOVEMBER 15, 2018
In other words, the simple act of providing reports to executives and upper-level managers could be considered a form of data visualization, and better reporting will be a fundamental improvement in supply chains throughout 2018, explains Craig Guillot of Supply Chain Dive. Supply chain managers refocus their efforts to increase adherence to perfect order metrics and leverage marketing capabilities and capacities to their fullest potential. Subscribe Here! Email Address.
Supply Chain Game Changer
MAY 14, 2019
Business policies, ways of doing things, and metrics are all a result of human decisions. This does not mean being a reporter or spectator. Freight and Logistics Human Resources Procurement Supply Chain Management Career LeadershipSubscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Ground Rules for Creating a Game Changing High Performance Organization (HPO)! Success means different things to different people.
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Cerasis
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? A Peerless Research Group (PRG) report indicated that up to 44 percent of supply chain entities do not actively have plans in pursuing or using a transportation management system (TMS), such as the Cerasis Rater. Approximately 54 percent of companies actively run metrics on inbound freight, but these metrics may be lacking.
Cerasis
OCTOBER 19, 2015
Transportation management is no longer a tactical approach to simply moving freight and doing it at the lowest possible cost. As we head towards what many experts are citing as a 2017 carrier capacity crisis and growing demands from consumers to keep them happy call for shorter delivery cycles, the traditional strategy of procurement cost saving and shipment consolidation opportunities have to be supplemented through innovative solutions, to deliver the best bang for the buck.
Cerasis
JANUARY 30, 2015
The methods of evaluating metrics or developing KPIs vary significantly from company to company. Proper expectations should be set with your provider regarding the reporting requirements. These should include the exact analytics needed, the timing of report generation, and parties within your organization responsible for collaborative evaluation. As data in transportation becomes more abundant and readily available, the question of “ What data is available ?”
Cerasis
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. The Ultimate Guide for Effective LTL Freight Management : we put on a 60 minute webinar entitled, “Best Practices for Effective LTL Freight Management and Shipping.”
Cerasis
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. According to the American Trucking Association, in the USA trucks move 11 billion tons of freight each year; deliver 100 percent of all consumer products and 70 percent of all freight tonnage; and deliver to the 80 percent of U.S.
|
Cerasis
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. According to the American Trucking Association, in the USA trucks move 11 billion tons of freight each year; deliver 100 percent of all consumer products and 70 percent of all freight tonnage ; and deliver to the 80 percent of U.S.
Talking Logistics
APRIL 7, 2016
In late February, LeanLogistics introduced LeanGlobal , a new TMS module that facilitates ocean freight transportation (see my comments at the time), and last week the company announced LeanFleet , a tool designed to streamline fleet planning and execution. Users have the ability to provide rich lane metrics to carriers as well as their standing in the current bid process.
TMC
SEPTEMBER 1, 2016
Either way, a surfeit of data can gum up the decision-making process and make it more difficult to pinpoint the root causes of problems that are undermining the efficiency of your freight network. For example, the shipping department needs to monitor metrics such as on time delivery and cycle times, but procurement relies on a different mix of measures. It’s easy to get bogged down in streams of data generated by inappropriate metrics.
TMC
JANUARY 14, 2016
Either way, a surfeit of data can gum up the decision-making process and make it more difficult to pinpoint the root causes of problems that are undermining the efficiency of your freight network. For example, the Shipping Department needs to monitor metrics such as on time delivery and cycle times, but Procurement relies on a different mix of measures. It’s easy to get bogged down in streams of data generated by inappropriate metrics.
TMC
SEPTEMBER 27, 2018
To determine whether a shipper fell into a Leader or Laggard category, researchers measured three commonly-used performance metrics: on time pickup, on time delivery, and first tender acceptance. Matching their strengths with your service corridors leads to better performance and having a routine procurement process will ensure your carrier networks are aligned with your current demand.
TMC
SEPTEMBER 27, 2018
To determine whether a shipper fell into a Leader or Laggard category, researchers measured three commonly-used performance metrics: on time pickup, on time delivery, and first tender acceptance. Matching their strengths with your service corridors leads to better performance and having a routine procurement process will ensure your carrier networks are aligned with your current demand.
Enterra Insights
APRIL 8, 2019
They need a general understanding of everything from procurement of raw materials to customer service. We have established business metrics and we love to quantify our business strategies. How can resources be procured at the best price? What are the best ways to move freight? Verwijmeren reports, “66 percent of supply chain leaders believe that advanced analytics will be critical to their operations in the next few years.”
Supply Chain Collaborator
MARCH 4, 2015
Associated Press reports that the US has so much crude they’re running out of places to store it. Intelligent Procurement. Freight Payment Accuracy. Whether it is finding more fuel efficient routes and modes, identifying best and worst performing carriers, ensuring accurate freight charges or improving communications among all stakeholders in transportation, these tools help organizations save costs and avoid needless or redundant expenses.
Supply Chain Shaman
DECEMBER 13, 2015
For access to the report on business networks reference this r eport. 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.
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. Reducing freight costs, improving supplier delivery performance, and minimizing supplier risk are three of the many benefits machine learning is providing in collaborative supply chain networks.
6 River Systems
JULY 25, 2019
Our supply chain involves a contract manufacturer, a third-party testing facility, warehouses to store inventory and a freighting company. For example, if my contract manufacturer is late with an order it can cause me to incur excess costs with the freighting and warehousing companies, respectively. In the meantime, companies need to make sure they have the most talented negotiators and leaders heading up their procurement and supply chain functions.
Talking Logistics
FEBRUARY 22, 2013
CombineNet and Transplace Extend Partnership in Delivering Advanced Transportation Procurement Solution to North America. According to the press release: Transplace leverages the CombineNet ASAP® advanced e-sourcing technology as part of its expert solutions, helping customers develop and optimize their carrier strategy for procurement events involving truckload, less-than-truckload (LTL), and intermodal needs.
Transplace
MARCH 18, 2020
Spot market rates are increasing for freight going from Mexico to the California, Washington, and Oregon areas. Carmakers and electronic manufacturers in South Korea and Japan are reporting production line shutdowns. The global air freight market for Asia, Europe and North America is impacted by the dramatic decline in commercial passenger flight volume creating capacity shortages and volatile spot market pricing without transit time commitments. PIERS reporting 10.1%
The Logistics of Logistics
JUNE 15, 2013
The JDA Transportation Manager offers several powerful applications including Fleet and Freight Order Management to create work plans for private or 3PL fleets as well as inbound shipment collaboration. It also offers Logistics Procurement apps to negotiate competitive contracts in a network as well as the JDA Transportation Manager, Modeler and Planner which syncs up planning and execution stages, models experimental transport networks and maximizes use of assets.
Cerasis
FEBRUARY 10, 2017
Take a moment to think about how these remaining six trends will impact the shipping and freight industry as a new administration takes control. President Trump’s plans will likely stimulate short-term growth, reports Patrick Burnson of Supply Chain 24/7. Online sales grew 12 percent in 2016, and growth is forecasted for 2017, reports Ludger Schuh of the Inventory and Supply Chain Blog. Hyper-Local Demand Will Drive Last-Mile Freight Delivery and Optimization.
6 River Systems
DECEMBER 11, 2018
Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts. “By keeping an eye on these warehousing metrics, you can map out an error-resistant fulfillment process that moves from order to delivery as efficiently as possible. ” — 7 Metrics You Need to Streamline Your Warehousing Processes , Aero Fulfillment; Twitter: @AeroFulfillment.
6 River Systems
JUNE 29, 2020
“Additionally, a review of reporting procedures can act as a safeguard against corruption throughout operations. All stakeholders who interact with the supply chain should be aware of hotlines and other reporting mechanisms, which should establish a clear path and adequate protections for whistleblowers.” Establishing protocols, metrics, organizational owners, and related processes can empower organizations to respond more effectively when faced with a crisis.”
FLEXE
JUNE 14, 2018
Assumptions and intuition don’t drive business decisions, quantifiable metrics do. According to a UPS report, 74% of consumers say “free shipping” is the most important delivery option and 44% will choose a slower ship time if it means it’s free. If you need more than one facility, often times you’ll have to multiply efforts to source and procure the location and services you need.
FLEXE
JUNE 14, 2018
Assumptions and intuition don’t drive business decisions, quantifiable metrics do. According to a UPS report, 74% of consumers say “free shipping” is the most important delivery option and 44% will choose a slower ship time if it means it’s free. If you need more than one facility, often times you’ll have to multiply efforts to source and procure the location and services you need.
Veridian Solutions
NOVEMBER 26, 2018
AMRs are already breathing new life into warehouse operations through four, distinct types of robots, reports Craig Guillot of Supply Chain Dive. A Guide to the Warehouse Metrics Supply Chain Execs Should Track. Sorting Robots/Stationary Articulated Robots Stationary robots are used for palletizing and depalletizing freight. These robots also have applications in packaging, labeling, and the loading of freight onto outbound trucks.
Talking Logistics
DECEMBER 12, 2013
You probably started your TMS project to manage shipping costs for your high-value freight, inbound or outbound. With constantly changing markets and rates, procuring and maintaining the best possible rates can be a nightmare. If you’re outsourcing Freight Audit & Payment, have you integrated your freight pay partner with your TMS so they have access to the most current rates and carrier information? On, Analytics and Reporting !
Talking Logistics
DECEMBER 20, 2017
A few months later, Fedex reported the financial impact of that cyber attack: $300 million (Maersk reported a similar financial impact a month earlier). On December 17, Newsweek reported that “The United States Military has conducted joint training operations with South Korean forces to practice removing nuclear weapons from North Korea in the event of war.” According to a report published recently by CBRE, holiday e-commerce returns could reach $32 billion this year! “E-commerce
Talking Logistics
DECEMBER 4, 2017
This was followed by a breakout session where the attendees discussed the challenges and opportunities in small groups and then reported back their key takeaways. Having more timely, accurate, and complete data — and converting it into actionable intelligence — will not only lead to cost reductions and increased asset utilization, but also improvements in customer service and satisfaction, the top metric cited by the respondents.
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