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. 10 LTL Procurement Cost Cutting Tips. Routing guides optimize freight lanes and remove excess shipping costs. Logistics LTL ltl procurement

Procurement 229

Procurement Third Party Logistics Metrics Benchmarking 229

The Supply Chain Journal

APRIL 23, 2021

Major gateways like O’Hare are used to a mix of traffic, including scheduled freighters and frequent international passenger flights that bring freight in smaller chunks. The wave of freight that’s come through in the last couple of months has just been enormous.

Cargo 78

Cargo Chicago Freight South Carolina 78

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.

Forecasting 63

Forecasting Inventory Management Examples Procurement 63

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. Metrics and KPIs Supply Chain Supply Chain Data

Data 56

Data Reverse Logistics Internet of things Analytics 56

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. Part of the challenge in managing the modern supply-chain is due to its sheer size and complexity.

Transportation 263

Transportation 3PL Benchmarking Automotive 263

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.

Guidelines 52

Guidelines Supply Chain Execution Internet of things Lean 52

Supply Chain Game Changer

JANUARY 29, 2020

Under this regime, the primary responsible party in the freight market will be the vessel owner or operator. million metric tons annually. will also need to update freight tariffs accordingly. Preparing for a New Marine Freight World. Subscribe Here! Email Address.

Virgin Islands 60

Virgin Islands Shipping Chemicals United States 60

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.

Training 44

Training Policies Metrics Government 44

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? 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.

Logistics 160

Logistics Metrics Third Party Logistics Freight 160

GlobalTranz

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.

Transportation Management 255

Transportation Management Transportation 3PL Metrics 255

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. 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 ?”

Transportation 249

Transportation Data Comparison Analytics Software 249

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. 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.”

Logistics 254

Logistics Reverse Logistics Automotive Metrics 254

GlobalTranz

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.

Sustainability 227

Sustainability Logistics Packaging Lean 227

ToolsGroup

MARCH 9, 2021

So your firm recently released a report of 2021 predictions and there’s a lot of great information in there. As you also discussed in your report, there’s been a lot of global and economic upheaval. I saw a report last night about the fact that, you know, the U.K.

Global 156

Global Supply and Demand Supply Chain China 156

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.”

Turkey 100

Turkey Analytics Reverse Logistics Study 100

GlobalTranz

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.

Sustainability 131

Sustainability Louisville Packaging Lean 131

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.

Transportation Management 131

Transportation Management System Transportation Optimizaton Software 131

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.

Analysis 48

Analysis Metrics Analytics Analytics Software 48

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.

Analysis 52

Analysis Metrics Analytics Software Supply Chain Network Software 52

Unleashed

JUNE 23, 2021

Reduced carbon footprint: Cutting your freight times doesn’t just save money, it lowers your impact on the environment too. Read more: The 10 Procurement Metrics that Matter in 2021.

Inventory Management 52

Inventory Management Inventory Warehousing Omnichannel 52

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.

Transportation 65

Transportation Tools Metrics Optimizaton Software 65

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.

Benchmarking 48

Benchmarking Freight Capacity Analysis 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. 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.

Benchmarking 48

Benchmarking Freight Capacity Analysis 48

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.

Florida 163

Florida SAP Big Data Metrics 163

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.

Analytics Software 70

Analytics Software Forecasting Software Supply Chain Network Software Logistics Network Optimization Software 70

6 River Systems

JUNE 29, 2020

“Additionally, a review of reporting procedures can act as a safeguard against corruption throughout operations. Establishing protocols, metrics, organizational owners, and related processes can empower organizations to respond more effectively when faced with a crisis.”

Modeling 89

Modeling Supply and Demand Kentucky Supply Chain 89

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.

Mexico 100

Mexico North Dakota Montana Nebraska 100

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.

St. Louis 77

St. Louis Supply and Demand Forecasting Software Analytics Software 77

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. PIERS reporting 10.1%

Saudi Arabia 76

Saudi Arabia Asia Modeling South Korea 76

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. coffee bean farmers), then move through freight and distribution specialists until it gets to your business.

Supply and Demand 56

Supply and Demand Quality Inventory Forecasting 56

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.

Transportation Management 100

Transportation Management Supply Chain Network Software Modeling Software Optimizaton Software 100

GlobalTranz

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.

Third Party Logistics 179

Third Party Logistics Trends Logistics Africa 179

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.

Scenario Planning 63

Scenario Planning Supply and Demand Strategy Supply Chain 63

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.

Third Party Logistics 32

Third Party Logistics 3PL Packaging Shipping 32

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.

Third Party Logistics 32

Third Party Logistics 3PL Packaging Shipping 32