CH Robinson Transportfolio

NOVEMBER 19, 2020

Flatbed shipping is an important contributor to the overall economy as several key industries leverage this solution for the movement of their critical freight. However, flatbed freight can be an often-overlooked element to the success of key industries , including: Energy – Oil, gas, and power generation (e.g.,

Optimal Sourcing 44

Optimal Sourcing Material Savings Shipping Price Reduction 44

Logistics Viewpoints

DECEMBER 5, 2022

The company is present in 38 nations and has more than 40,000 employees. There was no air freight possible then into Europe,” added Gerald van den Eijnden. You would call up the freight forwarders, and they would send an Excel spreadsheet” that contained all the shipments for Molex in the coming days or weeks.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 196

Freightos

NOVEMBER 11, 2021

Late 2021 saw Maersk continue to shift towards vertical integrations, with acquisition of Senator, a German freight forwarder for $644 million dollars. For a forwarder, refraining from working with Maersk today is expensive because it removes 17% of global shipping capacity. Accelerating the shift. Image via StarAir.dk). of the U.S.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post is part of a , series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally.

Supply Chain Software 148

Supply Chain Software Resource Reduction Waste Reduction Cost Reduction Strategies 148

MIT Supply Chain

DECEMBER 15, 2020

But they do add costs and reduce the efficiency of freight networks. MIT CTL’s FreightLab believes so and is developing alternative contract formats that solidify full truckload agreements and give shippers and carriers more certainty about future freight movements. Is there a better way? A week later, on Nov. A week later, on Nov.

Freight 52

Freight Optimal Sourcing Modeling Network Optimization 52

The Logistics & Supply Chain Management Society

APRIL 26, 2022

As of January 1, 2022, it was taking a company an average of 73 days to deliver goods to truck or rail carriers after booking with an ocean carrier and completing the cross-ocean journey, according to E2open’s Ocean Shipping Index. In fact, global freight rates have increased tenfold since the start of the pandemic.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

The overarching rule that all actions taken are meant to meet the needs of the present society without compromising future generations’ ability to meet their own needs, is a key driver. From just being environmentally friendly, it has become a holistic framework that encompasses the environment, social and corporate governance.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

MIT Supply Chain

MARCH 8, 2021

Why the Truck Market’s Sharp Turn Caught the Freight Industry by Surprise The MIT FreightLab’s latest industry roundtable explored the drivers behind today’s extremely tight market for truck capacity and the broader implications for supply chains. However, in U.S. No one knows when supply and demand will be back in balance,” he said.

Freight 52

Freight Supply Chain Planning Software Industrial Industry 52

Talking Logistics

JULY 30, 2018

Start Managing Your Inbound Freight More Effectively Today. 5 Things to Know Before Negotiating Ocean Shipping Contracts This Year. Truck Capacity Shortage: The Past, Present and Future. CFO Beating You Up Over Rising Freight Costs? BASF Video Case Study: The Value of Real-Time Freight Visibility.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Logistics 100

Talking Logistics

OCTOBER 28, 2014

Freight companies are eventually going to face severe challenges finding drivers to get your shipments where you want them when you want them there. Customers with a strict ‘procurement mindset’ overlook important factors like consistency, overall experience or past performance. On the surface, this sounds like a problem for carriers.

Expense Reduction 197

Expense Reduction Cost Reduction Strategies Price Reduction Capacity 197

Turvo

JULY 15, 2021

In the logistics and shipping industry, capacity refers to the amount of space secured on trucks and other vehicles to carry shipment loads. According to The Loadstar , “Some segments are already very busy and close to their limit, pointing to e-commerce, temperature-controlled trucking, and the flatbed freight market.

Capacity 97

Capacity Supply Chain Network Software Analytics Software Demand Planning Software 97

Precoro

MAY 19, 2023

The right metrics can shed light on how cost-effective a company’s processes are when it comes to the flow of goods, both at the inbound stages of procurement and outbound all the way to the customer. On-time shipping For a delivery to be made on time, it needs to go out on time.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Supply Chain Movement

NOVEMBER 6, 2014

Entering its eighth year, Multimodal has grown to become the UK and Ireland’s premier freight transport and logistics event. Events Clarion Events distribution managers event freight transport logistics Multimodal NEC Birmingham procurement directors shipping managers Supply Chain Directors traffic managers' Who attends?

Manufacturing Procurement 79

Manufacturing Procurement Logistics Network Optimization Software Supply Chain Cargo 79

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post is part of a , series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally.

Supply Chain Software 78

Supply Chain Software Resource Reduction Waste Reduction Cost Reduction Strategies 78

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post is part of a , series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally.

Supply Chain Software 78

Supply Chain Software Resource Reduction Waste Reduction Cost Reduction Strategies 78

Shipsy

FEBRUARY 13, 2021

Global Supply Chain is the backbone for every nation’s growth as it is a sum of all the processes & operations from procurement of raw materials, through the manufacturing & ends at the sale, transport & distribution of these products. Challenges. These Platforms have reference rates to guide with market trends.

Supply Chain Planning Software 52

Supply Chain Planning Software Demand Planning Software Analytics Software Modeling Software 52

Talking Logistics

APRIL 6, 2017

It may be time to evaluate your transportation network and approach to procurement and make the move from simply fixing logistics problems as they present themselves to a more strategic, scalable model derived from analytics and not simply rates. Do you have a resilient and “stress-able” routing guide?

Capacity 101

Capacity Price Reduction Sourcing Strategies Cost Reduction Strategies 101

Supply Chain Game Changer

SEPTEMBER 13, 2022

Add a resurgence of Covid-19 in China near major ports for a further strain on shipping , and supply chains as we once knew them are a thing of the past. The markets are fueled by fear at present. Even under those assumptions, procurement of all electrical components will remain challenging. What to expect for select components.

Negotiate Pricing 85

Negotiate Pricing Purchasing Skills Negotiating Skills Price Reduction 85

Intelligent Audit

AUGUST 24, 2022

Logistics anomalies can create problems in the shipping process, contributing to issues that affect the business and customers. In addition, we present seven use cases of machine learning detecting anomalies in shipping activity or spend. Anomaly Detection in Freight & Shipping Data. Technology can help.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Negotiating Skills Supply Chain Planning Software 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

APRIL 1, 2022

The metaphor was reflective of when global shipping lines elected to take advantage of such disruptions to drive up shipping rates and ancillary charges to unprecedented levels with ongoing financial impacts to multiple industries. Friedman went on to articulate that transit times to move inventory from Asia to the U.S.

Negotiating Skills 52

Negotiating Skills Manufacturing Procurement Sourcing Strategies Material Savings 52

Talking Logistics

FEBRUARY 18, 2015

Financial data and visibility into the costs associated with shipping are critical to improving corporate financial performance. Total cost management is just one part of supply chain visibility, but a very important part based on the financial impact that shipping has on the organization. Fraud detection is another key aspect.

Supply Chain Visibility 100

Supply Chain Visibility Negotiating Skills Optimal Sourcing Supply Chain Optimization 100

CH Robinson Transportfolio

SEPTEMBER 30, 2020

As we face unprecedented market volatility, it is increasingly challenging to forecast and plan your truckload procurement strategies. Be aware that lane consistency and volatility matter and can influence your procurement strategy. In talking with customers, we often get questions like “When is the best time to do a truckload RFP?

Material Savings 44

Material Savings Cost Reduction Strategies Price Reduction Supply Chain Strategy 44

Supply Chain Opz

JANUARY 22, 2016

Customs filing is already integrated with 90% of the countries you are shipping to. Brian Miller, VP of Services at Intesource, a PROACTIS company Managed services is a sourcing approach less common in the procurement industry today, but poised to grow tremendously over the next couple years.

Predictive Analytics Software 100

Predictive Analytics Software Supply Chain Network Software Logistics Network Optimization Software Analytics Software 100

Supply Chain Matters

AUGUST 4, 2022

Regarding ocean container freight rates, spot rates are noted as dropping across the board on both Asia-Europe and Asia-US The implication is that if spot rates drop way below contract rates, shippers will likely seek to renegotiate contract rates recently consummated earlier this year. and Europe.

Supply Chain Planning Software 52

Supply Chain Planning Software Global Supply Chain Planning Supply Chain Software 52

Supply Chain Game Changer

JANUARY 28, 2020

Do you have a Freight Management Strategy or are you Spinning your Wheels? Freight Industry article originally published by FreightPOP. We recently interviewed Mike Mortson, founder of Supply Chain Game Changer, about the trends he sees in shipping and freight. They are still just a freight forwarder.

Freight 13

Freight Industrial Industry Supply Chain Planning Software 13

CH Robinson Transportfolio

DECEMBER 9, 2020

From capacity shortages and missed customer requirements to a shift in shipping smaller, more frequent orders—truckload and less than truckload (LTL) shippers need ways to navigate the changing marketplace. Freight attributes and processes contribute to overall shipment performance.

Optimal Sourcing 44

Optimal Sourcing Price Reduction Cost Reduction Strategies Price Mitigation Strategies 44

GlobalTranz

MAY 21, 2015

This requires a new broad look at the business of transportation supply chain, including supply chain management, logistics, & procurement. Freight transportation costs in the United States amount to about 6% of the GDP, which means that a large portion of a company’s supply chain costs come from transportation.

Supply Chain Planning Software 120

Supply Chain Planning Software Cost Reduction Strategies Supply Chain Software Sourcing Strategies 120

Supply Chain Game Changer

NOVEMBER 19, 2018

From the inbound perspective he Supply Chain team typically procures raw materials, expedites their delivery. In areas such as E-Commerce the Supply Chain is instrumental in arranging delivery strategies such as Same-Day delivery and Drop Shipping, along with reducing freight costs to support Free Shipping services.

Negotiating Skills 84

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 84

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. This looks like increasing order visibility and analyzing performance data using shipping intelligence software. What does the term “supply chain” encompass?

Supply Chain Software 52

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

Supply Chain Matters

DECEMBER 13, 2022

Founded in 2000, Germany based Transporeon provides a digital freight platform the supports more than 1,200 shippers, 100 large retailers, and over 120,000 logistics services providers and carriers. According to reporting by the Boston Globe , Locus presently generates $100 million a year in revenue, but hasn’t reached positive cash flow yet.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Negotiate Pricing 52

Jaggaer

APRIL 14, 2020

Adapting to the present and future challenges of COVID-19. Define your procurement response strategy. Yet with the autobahns, motorways and highways largely free of traffic apart from freight, goods are generally getting through and we are yet to see long-term shortages of food and other essential items.

Supply Chain Disruption 52

Supply Chain Disruption Europe Cost Reduction Strategies Material Savings 52

Enterra Insights

FEBRUARY 13, 2019

”[1] Dr. Nipa Basu ( @nipabasu ), Chief Analytics Officer at Dun & Bradstreet, adds, “Machine learning is changing the way businesses look at data and presenting new analytics opportunities for companies of all sizes. ”[2]. ” Machine learning and the supply chain. Improved performance. ” 3. .

Optimal Sourcing 124

Optimal Sourcing Columbus Procurement Analytics Predictive Analytics 124

Logistics Bureau

MAY 8, 2023

Is your company one of the many that take a minimalist approach to freight management? Yes… I did say minimalist, not lean. When I say minimalist, I’m talking about the many companies which, while reliant on freight to keep supplies coming in and products going out, don’t see freight management as a core competency.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Freight Resource Reduction 52

Supply Chain Matters

MARCH 23, 2022

Canadian Pacific is the sixth-largest North America freight railway, and in December 2021 completed an agreement to acquire U.S. American Shipper reported last week that the number of container ships calling on major U.S. West Coast ports during 2021 in trying to process historic ship backlog levels.

Ukraine 52

Ukraine Kansas City Supply Chain Planning Software Supply Chain Strategy 52

Supply Chain Game Changer

APRIL 21, 2020

Stock-keepers in the store don’t need to be present when consumers are there. Drop shipping is another great example. If you go to a Costco store for instance you will find that most of their products are placed on the store floor on shipping pallets. Social distancing is fully supported in this model.

Waste Reduction 91

Waste Reduction Inventory Reduction Cost Reduction Strategies Material Savings 91

DocShipper Sourcing

SEPTEMBER 13, 2021

When you decide to import products from China, you think that there are not many expenses on transport costs to be made and instead you have to evaluate many other costs that we will present in this article. To calculate the transport costs you need … The post Everything about shipping costs for importing from China appeared first on ?Sourcing

China 52

China Shipping Transportation Sourcing 52