Elementum

JUNE 30, 2022

Welcome to Elementum’s Supply Chain Market Report. Supply Chain Market Report – July 2022 This edition will cover: The signs of looming stagflation How executives can prepare their supply chains The imminent problem of staffing shortages The latest use of drones in supply chain Notable changes in the leadership ranks.

Procurement Analytics 78

Procurement Analytics Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 78

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

The Logistics of Logistics

NOVEMBER 5, 2021

miles of freight is expected to reach 7.67 He is also the Founder and Co-Director of the MIT FreightLab – a research initiative that works on improving the way freight transportation is designed, procured, and managed. In fact, the logistics market is expected to reach US$6.9 trillions of ton-miles by 2045 (Statista).

Logistics Network Optimization Software 147

Logistics Network Optimization Software Transportation Supply Chain Design Software Supply Chain Planning Software 147

The Logistics of Logistics

JUNE 23, 2022

Therefore, produce ready for shipping may be stalled due to a limited supply of equipment and trucks (hindering capacity procurement ), fewer drivers, and the pressure everywhere to move things faster, save money, and get it done without impacting the customer experience. As a result, shipping costs will undermine any potential gains.

Supply Chain Planning Software 237

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 237

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

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

In order to achieve this target, CEVA Logistics is incorporating environmental considerations in a variety of areas of operations, from warehousing to transportation and procurement. He was also in charge of carbon management and accounting and CSR reporting. We also look to reduce or eliminate the use of plastic packaging.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

ShipBob

APRIL 26, 2023

Moreover, 47% of companies also reported a disruption in their workforce due to the pandemic. Make sure you have an accurate idea of lead times in relation to your production and procurement processes. ShipBob offers a free analytics reporting tool that will let you track all the crucial supply chain metrics in one place.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Planning 52

Supply Chain Matters

OCTOBER 12, 2022

The reported September value of 1.05 Report authors indicated that the September decline was quite broad-based. Further reported was that this index’s year-to-date movements suggest that global supply chain pressures are beginning to fall back in line with historical levels. was below the August value of 1.51 for September.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

Supply Chain Matters

JULY 7, 2023

According to the June report summary , the primary driver of the latest decline was the inventory metric, which reportedly contracted 6.5 Consequently, the warehousing capacity metric increased a reported 6.8 Similar trends were highlighted in our Supply Chain Matters summary of the May 2023 LMI report.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Inventory Reduction Negotiate Pricing 52

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

Supply Chain Matters

JUNE 7, 2023

The reported May value of 47.3 The May report narrative reinforced that “ the negatives seem to outweigh the positives in the logistics industry.” not only described as a “ significant rate of contraction ,” but also the first time that this particular metric has reached such a low level. compared to the April value of 50.9,

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Logistics Material Savings 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

Supply Chain Matters

FEBRUARY 14, 2024

Shipping Lines Warn Red Sea Security Continues to Deteriorate Bloomberg reported last week that the CEO’s of two major shipping lines, which being Maersk and Norden, have both of the view that the security threat level of shipping traversing the Red Sea to and from the Suez Canal has continued to escalate. That compares to $9.8 percent to 4.5

Transportation 52

Transportation Supply Chain Planning Software Panama Supply Chain Software 52

ShipBob

JANUARY 6, 2023

Report on important performance metrics. Transportation management systems also enable you to automate your freight tendering process. By automatically dispatching carriers, you can significantly expedite steps such as booking and tendering of freight. Allows you to track freight movement in one place. TMS vs WMS.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Supply Chain Network Software Forecasting Software 52

American Global Logistics

DECEMBER 7, 2022

This was evident with the creation of a new report from the New York Federal Reserve. That report is the Global Supply Chain Pressure Index (GSCPI). This metric, referred to as a “Frankenstat” due to its grand scope, has many critics. This metric, referred to as a “Frankenstat” due to its grand scope, has many critics.

Russia 52

Russia Inventory Reduction Price Reduction Modeling 52

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. You can compare the average daily unit sales across different accounting periods or compare it to other inventory reporting metrics to see how well your business is performing.

Procurement Analytics 85

Procurement Analytics Manufacturing Procurement Inventory Management Software Procurement Solutions 85

Supply Chain Matters

MAY 23, 2022

The authors point to the delivery time disruptions occurring in China , an increase in air freight costs from the U.S. Please note that the authors indicated that with the April report, prior historic data was revised because of various normalization needs. This index reportedly rose to 3.29 , up from a reading of 2.8 points to 73.9.

Supply Chain Optimization 59

Supply Chain Optimization Supply Chain Planning Software Supply Chain Software Supply Chain Strategy 59

Supply Chain Shaman

DECEMBER 13, 2015

For access to the report on business networks reference this r eport. Lora has written the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters. Today, 7% of order and purchase order flows move through business networks. Figure 1: Gaps in Supply Chain Visibility.

Manufacturing Procurement 150

Manufacturing Procurement Procurement Analytics Supply Chain Network Software Procurement Solutions 150

GlobalTranz

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. A good provider of any data used as any part of your business intelligence should be involved intimately with your organization.

Transportation 120

Transportation Data Analytics Software Optimal Sourcing 120

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. Researchers found that Leaders had certain freight attributes that worked together to improve freight performance.

Optimal Sourcing 62

Optimal Sourcing Negotiating Skills Negotiate Pricing Price Reduction 62

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. It’s easy to get bogged down in streams of data generated by inappropriate metrics. Lack of understanding.

Analysis 54

Analysis Analytics Software Supply Chain Planning Software Sourcing Strategies 54

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. Streamline, automate, and compress Order-to-Cash and Procure-to-Pay processes. So, what are some of the data challenges the industry faces?

Material Savings 0

Material Savings Supply Chain Planning Software Conference Supply Chain Software 0

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? How will tariffs affect the company?

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chain Optimization 100

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. It’s easy to get bogged down in streams of data generated by inappropriate metrics. Lack of understanding.

Analysis 48

Analysis Analytics Software Sourcing Strategies Supply Chain Planning Software 48

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. Optimize delivery routes, improve freight operations, and propose the best shipping methods to you.

Predictive Analytics Software 59

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

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. 3PLs like ShipBob help with this. “We

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

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. Researchers found that Leaders had certain freight attributes that worked together to improve freight performance.

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Negotiate Pricing Price Reduction 48

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. Researchers found that Leaders had certain freight attributes that worked together to improve freight performance.

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Negotiate Pricing Price Reduction 48

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. Without a solid solution in place, transportation departments only get a look at this kind of metric at the end of the 30 day reporting period. Routing Effectiveness.

Logistics Network Optimization Software 60

Logistics Network Optimization Software Optimal Sourcing Optimization Software Supply Chain Software 60

Talking Logistics

FEBRUARY 22, 2013

CombineNet and Transplace Extend Partnership in Delivering Advanced Transportation Procurement Solution to North America. Con-way Truckload and Con-way Multimodal Join Forces to Launch New Intermodal Service for North America. FedEx Helps Small Businesses Streamline Shipping with fedex.com Integration Manager.

Optimal Sourcing 100

Optimal Sourcing Logistics Network Optimization Software Manufacturing Procurement Supply Chain Design Software 100

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. Data Improves Operational Excellence When Used Correctly. The value of data increases in the quest for supply chain efficiency.

Supply Chain Strategy 59

Supply Chain Strategy Data Supply Chain Software Inventory Reduction 59

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. Analyse historical sales data and inventory reports to determine seasonal trends that can help you improve your inventory forecasting accuracy.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

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. Watson combines visual and systems-based data to track, report and make recommendations in real-time. no opt-in). no opt-in).

Supply Chain Planning Software 73

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

Unleashed

MARCH 23, 2021

Materials management involves the sourcing, procurement, storage and utilisation of direct or indirect materials (see below) used in the manufacturing process. Inventory turnover is a highly useful metric for determining how quickly your business turns over its entire stock in a set time period. What is materials management?

Material Savings 98

Material Savings Purchasing Skills Manufacturing Procurement Negotiating Skills 98

ToolsGroup

APRIL 1, 2022

Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Following the outbreak of Covid-19, 93% of senior supply-chain executives reported their intent to make their supply chains more flexible, agile, and resilient. Covid-19’s Impact on the Supply Chain Crisis.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Supply Chain Shaman

NOVEMBER 15, 2021

Today, we are nearing the end of the fourth quarter of corporate reporting. Self-reported projections of the ocean carriers forecast that the industry is posting over $200B in profits. Maersk, the world’s largest container shipping company, reported its best quarter in 117 years, posting a $5.9B profit for Q3 on $16.6B

Supply Chain Design Software 278

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 278

Intelligent Audit

NOVEMBER 10, 2021

According to the Journal of Commerce : “In the early days of the pandemic, March through May, UPS and FedEx reported B2C volumes represented 70 percent of total ground volumes. On the heels of COVID-19, the fast-moving volatility of current market trends and customer demands make shipping, planning, and logistics more critical than ever.

Optimal Sourcing 52

Optimal Sourcing Network Optimization Software Network Optimization Supply Chain Network Software 52