GlobalTranz

JULY 8, 2016

Today, we wrap up our series on the top 5 blogs in our 4 main categories ( Freight , Manufacturing , Logistics , and Supply Chain ). Maintaining the best possible fleet for your shipping needs requires vigilance and the tracking of specific measures across their performance. Get The Full List Here. Get The Full List Here.

Transportation Management 125

Transportation Management Transportation Resource Reduction Cost Reduction Strategies 125

GlobalTranz

OCTOBER 16, 2015

As a third-party logistics company focused on over the road transportation management, and having an LTL rating engine and web-based TMS for nearly 20 years (web-based even before Google!), BONUS : Download the Guide To LTL Freight Mangement White Paper. LTL procurement is something we do very well.

Negotiating Skills 120

Negotiating Skills Price Reduction Cost Reduction Strategies Optimal Sourcing 120

Locus

JUNE 9, 2023

Transportation costs vary from business to business and may consume significant revenue for a third-party logistics provider or a distribution company. Freight transportation costs Freight transportation costs are incurred from the large-scale movement of products and goods. What are the types of transport costs?

Cost Reduction Strategies 52

Cost Reduction Strategies Transportation Logistics Network Optimization Software Optimization Software 52

Locus

JUNE 9, 2023

Transportation costs vary from business to business and may consume significant revenue for a third-party logistics provider or a distribution company. Freight transportation costs Freight transportation costs are incurred from the large-scale movement of products and goods. What are the types of transport costs?

Cost Reduction Strategies 52

Cost Reduction Strategies Transportation Logistics Network Optimization Software Optimization Software 52

SCMDOJO

JULY 24, 2023

In this blog, we will answer the question: what is Contract Logistics, and explore its definition, solutions, challenges, and opportunities, understanding why Contract Logistics is considered as the hub of logistics today and how it can help businesses thrive in an ever-evolving market.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

Talking Logistics

JUNE 2, 2016

Today, shippers face increased regulations, unstable market conditions and capacity concerns that make it near impossible for a newly divested company to achieve all of its goals without the expertise and support of a third-party logistics (3PL) provider.

3PL 100

3PL Optimal Sourcing Modeling Procurement Analytics 100

Unleashed

MARCH 31, 2021

The difference between supply chain and logistics. When we refer to the ‘supply chain’, we’re referring to the network of suppliers, manufacturers, producers, shipping companies and more who, when combined, produce, ship and sell products and services to end-users. What is logistics? Common logistics KPIs.

Supply Chain Planning Software 69

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 69

GlobalTranz

OCTOBER 21, 2015

This is the first post in an ongoing series on effective KPI management from third party logistics consultant, Chuck Intrieri, of The Lean Supply Chain. . To be unified is to collaborate and trust the shipper/customer Third Party Logistics Service Provider (3PL) relationship. Collaboration.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Talking Logistics

MARCH 8, 2019

And with that, here’s the supply chain and logistics news that caught my attention this week: Walmart Toughens Delivery Demands for Suppliers (WSJ – sub. Providers of real-time freight visibility solutions. Simply put, OTIF spells OPPORTUNITY for transportation technology providers. project44 Adds Ocean Visibility to Platform.

Rail Software 101

Rail Software Logistics Network Optimization Software Real-time Visibility Demand Planning Software 101

ShipBob

JANUARY 6, 2023

Report on important performance metrics. Most transportation management software solutions offer a comprehensive set of features that allow you to manage all your logistics and transportation functions in one place. Transportation management systems also enable you to automate your freight tendering process. Payment management.

Supply Chain Planning Software 52

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

GlobalTranz

JULY 25, 2016

While competition is good, it is often forgotten when thinking about shipping. We’ve discussed the importance of using parcel shippers , multi-carrier shipping programs and joint-ventures with Magento Freight Shipping in the past, but the importance of carrier selection is taking center-stage once more.

Negotiating Skills 120

Negotiating Skills Price Reduction Cost Reduction Strategies Expense Reduction 120

Zipline Logistics

JANUARY 10, 2023

Starting his career in carrier procurement and management within a Fortune 100 logistics company, Lynch has held positions of responsibility in all areas of third-party logistics. You can’t buy logistics performance in retail — you have to be strategic, adaptable, and proactive. Perform a network analysis.

Supply Chain Software 52

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

Locus

DECEMBER 16, 2021

Staff unavailability, material and component shortages, roadblocks, bottlenecks in transportation and high shipping costs, all contributed to this situation. A recent example of this is the Suez Canal blockage , when a container ship was wedged in the canal, bringing freight movement to a halt and leading to delays in deliveries.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 52

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. Reduce shipping times Fast and reliable shipping helps to increase sales and is essential to the efficient turnover of your inventory stock.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

Talking Logistics

JUNE 22, 2015

According to the press release : The proposed standards are expected to lower CO2 emissions by approximately 1 billion metric tons, cut fuel costs by about $170 billion, and reduce oil consumption by up to 1.8 billion barrels over the lifetime of the vehicles sold under the program.

Vendor Strategies 100

Vendor Strategies Cost Reduction Strategies Price Reduction Procurement Analytics 100

Supply Chain Network

APRIL 5, 2018

percent per year, over 90% of the world’s trade is carried by sea for a total of 23 million tonnes of cargo traveling by ship every day. With maritime transport growing at an average rate of over 8.5 And relative to emerging data sources of relevant Big Data on global supply chains, one very interesting new player is Spire Global.

Predictive Analytics 79

Predictive Analytics Predictive Analytics Software Analytics Software Big Data 79

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. Purveyors of logistics IT solutions have been warning of the shortcomings of 3PL tech for years.

Supply Chain Design Software 60

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

ShipBob

JULY 2, 2021

For instance, ShipBob is a fulfillment company that provides access to a wide range of distribution metrics that can help merchant calculate a perfect order metric , as well as other metrics to easily monitor performance. “We Automated shipping. Many tech-enabled 3PLs offer automated shipping solutions.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Sourcing Strategies 98

The Logistics of Logistics

FEBRUARY 18, 2013

Cost, on time performance and billing accuracy don’t mean much if the carrier damages the freight. To minimize freight damage, begin measuring it with the damage free shipments KPI. Be sure to measure all damage not just freight claims filed. The higher chance for freight damage drives the need for this LTL KPI.

KPI 100

KPI Freight Third Party Logistics Metrics 100

6 River Systems

OCTOBER 14, 2022

This guide will primarily look at fulfillment through the e-commerce lens and deal mostly with third-party logistics (3PL) fulfillment methodologies. Those first three steps involve how the various components of your products — and your customers’ orders — are assembled and readied for picking and shipping. Drop shipping.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Material Savings 52

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. However, effectively measuring, analyzing, and improving upon those manufacturing metrics is more complicated than it may seem.

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 120

MAVES

JUNE 24, 2019

The global supply chain is evolving every day, adding complexity to the roles of shippers and their third-party logistics providers (3PLs). Their concerns include: infrastructure, economic stability, freight and supply chain transparency, tax regulations, security, and cross border shipping details. to name a few.

Supply Chain Software 40

Supply Chain Software Supply Chain Planning Software Logistics Network Optimization Software Analytics Software 40

The Logistics of Logistics

FEBRUARY 16, 2013

The LTL cost per pound is also completely transparent (can’t tweak the numbers) and it provides great insights into a company’s freight spending. Logistics Key Process Indicators (KPIs). One of the reasons, to use LTL KPIs is to know whether the shipping function is improving. Using Cost Per Pound to Reduce Freight Costs.

KPI 100

KPI Cost Reduction Strategies Third Party Logistics Metrics 100

GlobalTranz

AUGUST 25, 2015

Freight costs are eminently controllable, however, efficiently managing this major budget item requires expertise. In the complex world of modern transportation, companies lacking the experience to professionally handle the intricacies of transportation management are sure to find controlling shipping costs an extreme challenge.

Negotiating Skills 120

Negotiating Skills Cost Reduction Strategies Transportation Management Resource Reduction 120

The Logistics of Logistics

FEBRUARY 19, 2013

Incorrect freight bills drive the accountants crazy and drive the costs up. Sometimes it has to be passed on to clients, who were already billed for freight or the added cost has to be absorbed by the shipper. With LTL shipping, inaccurate bills are the norm. Shippers should measure the number of accurate freight bills.

KPI 100

KPI Third Party Logistics Price Reduction Cost Reduction Strategies 100

The Logistics of Logistics

JANUARY 24, 2013

If you move freight for a living, you know the importance of logistics key process indicators (KPIs). A KPI is an indicator (a metric) that you have chosen, and agreed with your partners and or customers, that will determine whether you are meeting your critical success factors. Key Process Indicators vs. Metrics.

Logistics Network Optimization Software 175

Logistics Network Optimization Software KPI Logistics Metrics 175

The Logistics of Logistics

OCTOBER 30, 2012

They will also learn specific actions for reducing LTL carrier shipping costs. Key process indicators (KPI) for the most important aspects of LTL shipping. In this free webinar, participants will learn a methodology for measuring LTL carrier performance. Webinar topics will include: 1.)

KPI 100

KPI Cost Reduction Strategies Third Party Logistics How To 100

The Logistics of Logistics

FEBRUARY 17, 2013

White Paper: The Essential Guide to LTL Shipping Improvement: Action Plan and Metrics for Rapid Transformation. Bottom line: Measuring on time performance is simple and can provide some great insights into the shipping function. LTL Carrier Scorecard: Measuring the Things that Matter.

KPI 100

KPI Third Party Logistics Metrics 3PL 100

The Logistics of Logistics

FEBRUARY 14, 2013

LTL key process indicators (KPIs) for the most important aspects of LTL shipping. The webinar will also cover ways to improve the number or on time shipments and improving customer service. Webinar topics will include: 1.) Actions to improve on time performance, and billing accuracy while reducing cost and damaged shipments.

KPI 100

KPI Third Party Logistics Metrics 3PL 100

Gravity Supply Chain

MAY 20, 2022

Spire provides real-time information and analytics based on global maritime automatic identification system (AIS) technology—Spire’s constellation of small satellites captures the courses and current status of container ships across the globe. In 1956, manually loading a ship cost $5.86 billion metric tons as of 2017.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Supply Chain Software Predictive Analytics Software 52

GlobalTranz

OCTOBER 27, 2015

Today we continue our series on successfully working with a logistics company, often called a third party logistics company by focusing on how to properly understand the success of the engagement by knowing all the key performance indicators that a shipper could put in place.

Six Sigma 120

Six Sigma Logistics Network Optimization Software KPI Company 120

The Logistics of Logistics

FEBRUARY 22, 2013

The LTL carrier scorecard becomes a roadmap for driving LTL shipping improvements. Key Process Indicators vs. Metrics. A metric is any standard of measurement (number of carriers, inventory turns, average shipment weight, etc.). This means that while all KPIs are metrics, not all metrics are KPIs.

Cost Reduction Strategies 101

Cost Reduction Strategies KPI Price Reduction Expense Reduction 101

FLEXE

JUNE 14, 2018

Assumptions and intuition don’t drive business decisions, quantifiable metrics do. Do they want fast shipping? Free shipping? 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.

Procurement Analytics 34

Procurement Analytics Purchasing Skills Procurement Solutions Resource Reduction 34

FLEXE

JUNE 14, 2018

Assumptions and intuition don’t drive business decisions, quantifiable metrics do. Do they want fast shipping? Free shipping? 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.

Procurement Analytics 34

Procurement Analytics Purchasing Skills Procurement Solutions Resource Reduction 34

Logistics Bureau

SEPTEMBER 3, 2017

The constant change in the marketplace makes business forecasts difficult for third-party logistics service providers (3PLs). The other way is horizontal, in which two enterprises with the same logistical role or requirement work together. Collaboration in logistics will be influenced by the strengths of business needs.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40

Logistics Bureau

SEPTEMBER 3, 2017

The constant change in the marketplace makes business forecasts difficult for third-party logistics service providers (3PLs). The other way is horizontal , in which two enterprises with the same logistical role or requirement work together. Collaboration in logistics will be influenced by the strengths of business needs.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. If engineering is your thing, you could join a third-party logistics company and focus on solutions design. Organise collection and shipment of freight.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96