GlobalTranz

JULY 13, 2015

Throughout the supply chain, the use of metrics to track and understand processes provides an invaluable resource for ensuring increased production and customer satisfaction. What Distribution Center Metrics Need Tracking? However, the most important metrics can be categorized into the following eight areas. On-Time Shipping.

Procurement Analytics 120

Procurement Analytics Metrics Distribution Inventory Reduction 120

Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. So how can you be sure you’re getting the best freight rates possible?

Benchmarking 68

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 68

Logistics Viewpoints

FEBRUARY 2, 2024

UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. More than $728 million is on the way to communities around the nation to bolster intermodal freight infrastructure. And now on to this week’s logistics news.

Cost Reduction Strategies 233

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 233

DELMIA Quintiq

MARCH 29, 2023

In fact, the outperforming logistics vendors today (based on profitability and revenue growth metrics) are the ones that were extra cautious on capital expenditure in the years following the recession. This meant a huge movement of goods from East Asia to Western Europe and America, creating an asymmetry in demand as well as freight rates.

Logistics Network Optimization Software 156

Logistics Network Optimization Software Supply Chain Planning Software Optimization Software Demand Planning Software 156

Supply Chain Shaman

APRIL 18, 2023

Yes, we have achieved greater normalcy in transportation. As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack. The ride is uphill, but the visibility is low.

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 374

Intelligent Audit

MAY 6, 2021

Transportation network optim ization is a leading goal for supply chains around the globe. The finance department needs to know what’s happening within transportation and how that impacts costs and capacity to improve transportation spend management performance. Track the Right Performance Metrics. Industry 4.0

Optimal Sourcing 59

Optimal Sourcing Network Optimization Sourcing Strategies Resource Reduction 59

Logistics Viewpoints

MARCH 29, 2024

According to a Coast Guard memo, a harbor pilot and an assistant aboard the cargo ship reported the power issues that prompted multiple alarms on the bridge of the vessel and loss of propulsion. million vehicles cross the bridge annually, or about 30,000 per day, according to the Maryland Department of Transportation. mile-long span.

Prescriptive Analytics Software 250

Prescriptive Analytics Software Logistics Network Optimization Software Supply Chain Software Logistics 250

20Cube Logistics

FEBRUARY 17, 2022

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. Ø Freight forwarding and supply chain management both involve a lot of metrics and cost report requests. Making the Most of Technology. Working with Data.

Freight 75

Freight Resource Reduction Cost Reduction Strategies Inventory Reduction 75

Logistics Viewpoints

NOVEMBER 14, 2022

Based on ARC Advisory Group’s new global market report, the three largest providers of MSCN, listed alphabetically, are Descartes, E2open, and Infor Nexus. Their solutions include omni-channel, demand sensing, supply planning, global trade management, transportation management, collaborative manufacturing, and supply management.

Agile and Lean Supply Chain 223

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software 223

ShipBob

JANUARY 6, 2023

That’s where transportation management systems, or TMS, comes in. In this post, we’ll take a closer look at what a transportation management system is, why it’s important, and how you can choose a provider. What is a transportation management system (TMS)? Transportation management systems can perform a variety of functions.

Supply Chain Planning Software 52

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

Intelligent Audit

NOVEMBER 3, 2022

On the transportation end of supply chains, shippers adapt to the transportation needs at any given time to ensure this part of the supply chain continues as well as possible. This is why transportation network optimization is important. What Is Transportation Network Optimization?

Network Optimization 52

Network Optimization Supply Chain Network Software Optimization Software Modeling 52

Logility

JANUARY 12, 2021

There are many ways to view data, but those that are particularly useful in supply chain analytics are reporting, score carding, dashboarding and benchmarking. Reporting and Score carding. The simplest form of looking at data is the all-too-familiar reporting. Take freight rates, for example. Benchmarking.

Prescriptive Analytics Software 131

Prescriptive Analytics Software Supply Chain Planning Software Analytics Software Predictive Analytics Software 131

Zipline Logistics

MAY 25, 2021

A new report from the Food Marketing Institute and Boston Consulting Group highlights the effects increased demand had on organizations in the CPG marketplace. It strained production functions and increased the need for trucking services, which led to falling performance metrics that rippled across organizations. cost per case.

Procurement Analytics 69

Procurement Analytics Food Report Optimal Sourcing 69

The Logistics of Logistics

JUNE 23, 2022

The peak season definition is a continued evolution of the seasons in transportation. Even once a vaccine was available, additional breakouts of new variants in Shanghai put the brakes on transportation expectations for the Produce Shipping Season in 2022. When and What Is Peak Season ? Q2: The Produce Shipping Season.

Supply Chain Planning Software 237

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 237

Logistics Viewpoints

APRIL 21, 2023

And now for this week’s logistics news: Walmart Adds Truck Powered by Compressed Natural Gas to its Transportation Fleet CMA CGM offers $5.5 The vehicle will make its inaugural trip from Indiana to California, where it will be featured at the Advanced Clean Transportation Expo. CMA CGM is offering 5 billion euros ($5.48

Logistics Network Optimization Software 206

Logistics Network Optimization Software Logistics Kenya Supply Chain Planning Software 206

Talking Logistics

JULY 24, 2017

Achieving end-to-end supply chain visibility has always been (and remains) a top priority for companies, but over the past few years, the spotlight has been on a particular segment of the process: achieving real-time freight visibility. How does freight visibility impact OTIF? What’s driving this demand? What’s driving this demand?

Real-time Visibility 0

Real-time Visibility Demand Planning Software Freight Supply and Demand 0

3rdwave

NOVEMBER 8, 2018

In today’s turbulent trading environment, strong global transportation management capabilities deliver exceptional benefits and value. Massive shifts in supply chains are underway because of trade turmoil increasing the complexity in global supply chain management and related transportation management.

Supply Chain Design Software 79

Supply Chain Design Software Global Transportation Supply Chain Planning Software Optimization Software 79

Intelligent Audit

SEPTEMBER 9, 2021

For several reasons, working capital management and freight auditing remain vital for achieving growth and success in the modern supply chain. Freight audit and payment management can help highlight and address these expenses. The Causes of Limited Working Capital and Cash Flow in Transportation Management.

Freight 52

Freight Expense Reduction Supply Chain Planning Software Cost Reduction Strategies 52

Supply Chain Matters

OCTOBER 12, 2022

This index compiles 27 different variables to include transportation movement and costs, global PMI sub-indexes reflecting delivery times and order backlog. The reported September value of 1.05 The reported September value of 1.05 Report authors indicated that the September decline was quite broad-based. for September.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

Intelligent Audit

FEBRUARY 3, 2022

In freight auditing, freight audit advisors work with freight shippers to ensure that all charges are accurate and to prevent wasting money. Shippers can ensure they are getting the best possible rates from their carriers by working with a freight audit consultant. What Freight Auditing Is and Why It’s Important.

Freight 52

Freight Material Savings Resource Reduction Cost Reduction Strategies 52

Intelligent Audit

DECEMBER 22, 2020

The key to better logistics is a streamlined system that utilizes business intelligence and processes that yield transportation optimization. Now, enterprises worldwide are turning the tables and looking for ways to enable continuous transportation optimization using a combination of technology and expert provided solutions.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Analytics Software Supply Chain Software 52

GlobalTranz

MAY 20, 2015

When you choose a company to transport your freight or to supply you with the materials you need to manufacture a product, you are putting your hard work and reputation in their hands. The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Intelligent Audit

NOVEMBER 3, 2021

Large shipping companies that average at least $1 billion in annual revenue can report processing costs that come in 70 percent lower than smaller shippers in the market. The implications of reduced cost in just this one area of processing and freight payment management can have a significant impact on profits.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Freight Vendor Strategies Expense Reduction 52

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

GlobalTranz

JANUARY 30, 2015

As data in transportation becomes more abundant and readily available, the question of “ What data is available ?” 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.

Transportation 120

Transportation Data Analytics Software Optimal Sourcing 120

GlobalTranz

APRIL 14, 2017

Transportation management systems ( TMSs ) are not a new concept, but where they are hosted now, in the cloud, is still new to the shipping industry. Historically, TMSs were out of reach for companies moving less than $100 million in freight , but cloud-based systems give everyone a fair chance at the best rates.

Analytics Software 122

Analytics Software Forecasting Software Predictive Analytics Software Vendor Strategies 122

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

Recently, CEVA Logistics joined the Singapore Changi Airport community in a humanitarian aid project to transport 14,000-kilogram of oxygen concentrators from Los Angeles to Jakarta via Singapore. We want to support and enrich these local communities through what we do best: logistics and transportation services. Acting for Planet.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

GlobalTranz

MAY 24, 2016

However, the needs of the modern shipping industry have reached an optimal point, and the only way to further push the envelope is by using a dedicated transportation management system (TMS). Freight Consolidation. Simplifies Reporting to Stakeholders. Mobile Access to KPIs and Metrics.

Purchasing Training 137

Purchasing Training Negotiating Skills Supply Chain Design Software Forecasting Software 137

Supply Chain Collaborator

NOVEMBER 16, 2017

“Spot Market Freight Indices Continue Surge to Three-Year Highs”. The Value in Orchestrating a Scheduled Transportation Plan”. These three headlines from Transport Topics and Food Shippers of America magazine tell the story of one of the most important challenges facing shippers in North America leading into 2018.

Just-in-Time 60

Just-in-Time Negotiating Skills Transportation Purchasing Skills 60

GlobalTranz

NOVEMBER 8, 2018

E-commerce spending will surpass $4 trillion annually by 2020, reports eFulfilmentService, accounting for approximately 15 percent of total global retail spending. Lackluster insight into freight spend and poor freight management controls. Modes of transportation used in terms of costs and delays associated with each.

Analysis 151

Analysis Data Forecasting Software Forecasting 151

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.” Transportation utilization reportedly dipped a hefty 9.5 Consequently, transportation prices reportedly declined 8.9 Consequently, transportation prices reportedly declined 8.9

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Logistics Material Savings 52

Logistics Viewpoints

JULY 27, 2021

A January 2021 DOT report suggests that “only 48% of trucking firms would be able to buy the technology in the decade after it becomes available.” You can also build metrics to support your hiring practices, making sure you’re paying drivers what they’re worth to inhibit churn, enhance acceptance rates or stem the tide of driver turnover.

Supply Chain Planning Software 246

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

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

GlobalTranz

NOVEMBER 16, 2018

While ERP systems provide excellent tools to manage accounting, human resources, customer relationships and more, they considerably lack the tools needed to properly manage transportation. While respondents reported different lengths of time until they “broke even”, the median point for TMS was found to be less than one year.

Supply Chain Planning Software 164

Supply Chain Planning Software Forecasting Software Optimization Software Supply Chain Software 164

Supply Chain Collaborator

AUGUST 13, 2015

191 qualified global logistics practitioners were surveyed in 2015 by American Shipper magazine for their seventh annual benchmark study of transportation management. The 31 page report was full of valuable insights and is worth reading in its entirety. Sure, cost is a valuable metric for gauging success.

Transportation Management 60

Transportation Management Logistics Network Optimization Software Optimal Sourcing Network Design Software 60

3rdwave

NOVEMBER 8, 2018

In today’s turbulent trading environment, strong global transportation management capabilities deliver exceptional benefits and value. Massive shifts in supply chains are underway because of trade turmoil increasing the complexity in global supply chain management and related transportation management.

Supply Chain Design Software 41

Supply Chain Design Software Global Transportation Supply Chain Planning Software Optimization Software 41