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

Logistics Viewpoints

MAY 16, 2022

What ARC calls “supply chain collaboration networks,” TCS refers to as “ecosystem commerce platforms.”. Meanwhile, waste is rampant in the freight industry. In the freight industry, these are referred to as empty miles. The network a company gains visibility to with their control tower is just one of many networks.

Supply Chain Planning Software 211

Supply Chain Planning Software Optimal Sourcing Supply Chain Optimization Supply Chain Planning 211

Supply Chain Game Changer

NOVEMBER 6, 2018

Yet the lack of attention and focus that Indirect Procurement is often given is inconsistent with the true importance of this area. Indirect Procurement takes a back seat to Direct Procurement unfortunately. But it is time for Indirect Procurement to stand up and be counted! The Importance of Indirect Procurement!

Manufacturing Procurement 68

Manufacturing Procurement Optimal Sourcing Negotiating Skills Procurement 68

Supply Chain Game Changer

APRIL 29, 2020

Do You Have Hidden Freight Costs? Ocean freight article and permission to publish here provided by Katherine Barrios at xeneta.com. Freight forwarders and shippers/BCO s are on a constant quest to have a better understanding of their ocean freight costs and ultimately have larger margins. Email Address. Plan effectively.

Negotiating Skills 69

Negotiating Skills Cost Reduction Strategies Optimal Sourcing Freight 69

Intelligent Audit

AUGUST 25, 2022

It has always been essential to have visibility into freight spending. Freight audit & payment (FAP) providers have long paved the way to gaining this visibility by looking at shipping invoices and breaking down freight spend. What Is Freight or Transportation Spend Management?

Real-time Visibility 52

Real-time Visibility Transportation Management Supply Chain Planning Software Optimization Software 52

Supply Chain Game Changer

JULY 30, 2019

In business it is not uncommon to hear the words “Logistics Management” and “Freight Management” thrown around interchangeably. What is Freight Management? Freight management combines logistics experience, human resources and knowledge to ensure a smooth coordination between carriers and shippers.”

Negotiating Skills 72

Negotiating Skills Optimal Sourcing Freight Logistics Network Optimization Software 72

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

RPA as it is also referred to, has the capability to transform supply chain management. Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Freight Management. Freight management is driven by time-critical, manual tasks.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Freightos

NOVEMBER 11, 2021

The ”end” they refer to – whether it’s forwarding, fulfillment, or platforms for B2B or B2C sales – remains fairly ambiguous, spanning an acquisition of fashion logistics company HUUB in September 2021 to an investment in rapid fashion production company Unmade. No end to end-to-end. Accelerating the shift. Image via StarAir.dk).

Price Reduction 177

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

Logistics Viewpoints

NOVEMBER 17, 2022

This shortage is the culmination of various ongoing issues – geopolitical tensions related to the Russia-Ukraine war, the rapid shift in consumer buying behavior and container freight availability. Beer and food industries are particularly affected by the shortages of aluminum cans as most customers prefer take-home packaging.

Packaging 226

Packaging Food Manufacturing Procurement GEP 226

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. This generally gets referred to as trucking capacity, and it remains one of the most critical aspects of dealing with supply chain disruptions.

Capacity 97

Capacity Supply Chain Network Software Analytics Software Demand Planning Software 97

Intelligent Audit

NOVEMBER 10, 2021

Strong RFP supply chain management practices and carrier network optimization services will allow for continued growth and success in the modern supply chain and freight shipping network.It’s important to understand the full scope of optimization, including what it is and how your team can improve it. What Is Carrier Contract Optimization?

Optimal Sourcing 52

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

EC Sourcing Group

SEPTEMBER 22, 2020

There are many terms when it comes to all levels of procurement management, which is a smaller part of the overall supply chain. Many companies and organizations have delved further, looking to tools such as advanced sourcing optimizers; to streamline this part of procurement management. Alternate freight options .

Optimal Sourcing 52

Optimal Sourcing Purchasing Skills Procurement Solutions Sourcing 52

Unleashed

JANUARY 31, 2023

In B2B, in-transit inventory typically refers to products that are on their way from a wholesaler to an eCommerce retailer. In B2C, it refers to products that are on their way from the merchant’s warehouse to the final customer. In-transit inventory refers to goods that have left the merchant and are on their way to the recipient.

Inventory Reduction 98

Inventory Reduction Inventory Inventory Management Software Supply Chain Planning Software 98

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. Freight and shipping cost per unit Shipping or freighting costs constitute a substantial part of the overall supply chain costs.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

QAD

JANUARY 25, 2024

Shipment visibility refers to the real-time tracking and monitoring of goods as they move through your supply chain. However, the advantages of globalization come with challenges, and one of the key elements that can make or break the import management process is shipment visibility. The importance of shipment visibility cannot be overstated.

Real-time Visibility 91

Real-time Visibility Optimal Sourcing Supply Chain Planning Software Sourcing Strategies 91

EC Sourcing Group

NOVEMBER 16, 2021

Effectively managing your suppliers is an integral part of the procurement process (and important to the entire supply chain as well). Management doesn’t refer to suppliers being “under” you but instead refers to managing vendor transactions and cultivating good relationships with your third-party vendors or suppliers.

Procurement Solutions 52

Procurement Solutions Analytics Software Logistics Network Optimization Software Supply Chain Software 52

Supply Chain Game Changer

FEBRUARY 1, 2022

Featuring Our Top 16 Articles on Freight and Logistics! The first distinction to be made is that Logistics management is different from Freight management. Simply put, Logistics management is a much more all encompassing and overarching term with a vast scope which includes Freight management. Subscribe Here! Email Address.

Logistics Network Optimization Software 89

Logistics Network Optimization Software Logistics Resource Reduction Military 89

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

IDC also forecasts that by 2023, 30 percent of Asian enterprises will ship freight using a SaaS-enabled platform, resulting in improved efficiencies in load matching and reduced shipping costs. Dynamic routing has empowered logistics providers to consider plans B, C and D, offering alternative options of ocean and air freight cargo.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Software Modeling Software Forecasting Software 223

Supply Chain Matters

JUNE 9, 2023

A published Future of Freight study sponsored by Deloitte in September 2022 indicated that U.S. A Reference Report It is within this context that we wanted to call Supply Chain Matters reader attention to a recently published report by The Wall Street Journal : As China Risks Grow, Manufacturers Seek Plan B and C and D.

Manufacturing Procurement 52

Manufacturing Procurement Expense Reduction Cost Reduction Strategies Resource Reduction 52

Supply Chain Shaman

NOVEMBER 2, 2018

(Examples include alternate sourcing, bill of material changes or alternate modes/routing between the planning, procurement and transportation.) The groups of supply planning, procurement and logistics operate within silos. To create a standard electronic booking system for the ocean freight industry. History of E2open.

Supply Chain Planning Software 167

Supply Chain Planning Software Supply Chain Network Software Supply Chain Design Software Manufacturing Procurement 167

Supply Chain Shaman

NOVEMBER 21, 2018

Reference Figure 1. Outsourcing–procurement, manufacturing and transportation– decreased visibility and increased data latency. The problem is that the acceptance of lanes by the carriers does not force the carrier to accept the freight when tendered. The larger the bubble, the greater the risk.).

Supply Chain Planning Software 195

Supply Chain Planning Software Forecasting Software Supply Chain Planning Demand Planning Software 195

DynaSys

MARCH 18, 2022

Sales, inventory and operations planning (SIOP) means succinctly integrating sales, marketing, supply chain, operations, product management, procurement, pricing, and financial data with the executive team’s effective decision-making capabilities. Others refer to this process as integrated planning or integrated business planning (IBP).

S&OP 59

S&OP Optimal Sourcing Supply Chain Planning Software Inventory Reduction 59

Unleashed

JANUARY 16, 2024

It includes any raw materials, freight, customs duties, insurance, warehousing, and related fees and overheads. Landed cost vs standard cost Standard cost usually refers to a predetermined (estimated) cost for production. Let’s dive in. What is landed cost? Landed is the total cost of a product after it has been shipped to a customer.

Cost Reduction Strategies 52

Cost Reduction Strategies Material Savings Price Reduction Inventory Reduction 52

SCMDOJO

JULY 13, 2022

National Association of Educational Procurement. Jobsinlogistics.com is the first and largest online logistics job board specializing in career opportunities in logistics, supply chain, distribution, transportation, warehousing, freight forwarding, manufacturing, purchasing, and inventory management. References. Michael Page.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 115

SCMDOJO

FEBRUARY 21, 2024

The 3PL provider typically focuses on: Cross-docking Freight forwarding Integrating operations Inventory management Package Services Transportation services Warehousing. You can also take time to talk to older partners of such providers rather than their hand-picked reference list. Exceptional Industrial References.

Logistics Network Optimization Software 68

Logistics Network Optimization Software Logistics Supply Chain Planning Software 3PL 68

Unleashed

JANUARY 16, 2023

These third-party fulfilment companies are commonly referred to as 3PL partners, 3PL providers, or just ‘3PLs’. In the following example, we’ll use “the company” to refer to the business that has outsourced its logistics to a 3PL organisation. Enquire about shipping times when procuring 3PL providers. emails in your inbox.

Third Party Logistics 98

Third Party Logistics Logistics Network Optimization Software 3PL Inventory Management Software 98

The Logistics & Supply Chain Management Society

MARCH 22, 2022

If we take a closer look, we can see that global aviation, including domestic and international; passenger and freight accounts for 2.5% “Slow steaming” refers to when ships run at a speed below a ship’s maximum engine capability – they are not going as fast as they could. of the world’s carbon emissions.

Expense Reduction 245

Expense Reduction Cost Reduction Strategies Shipping Resource Reduction 245

Supply Chain Game Changer

FEBRUARY 5, 2019

The 3 Pillars of Digital Procurement! This was my first experience with Outsourcing, or what I refer to as “Supply Chain as a Service” (SCaaS). ” SaaS is also referred to as On-Demand Software. We had phenomenal, global capabilities in Logistics and Procurement. Subscribe Here! Email Address.

Logistics Network Optimization Software 76

Logistics Network Optimization Software Supply Chain Planning Software Modeling Software Inventory Management Software 76

Kanban Logistics

SEPTEMBER 20, 2023

Product rework Rework most commonly refers to the reconfiguration of products to make them suitable for delivery to your end customers (e.g., Third-party procurement. We’re able to support incoming rail freight from the CSX railway in one of two ways: Boxcars can be brought up to one of our warehouse’s four rail doors.

Warehousing 52

Warehousing 3PL Logistics Network Optimization Software Manufacturing Procurement 52

ShipBob

AUGUST 24, 2023

Supply chain risk management refers to the strategic process of identifying, evaluating, and mitigating factors that could pose a risk to supply chains. Moreover, there may be raw material shortages that will then result in supply chain bottlenecks as businesses are unable to procure inventory to keep up with demand.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing SCM 52

GlobalTranz

DECEMBER 11, 2014

Then we will cover in subsequent posts what are the benefits of using EDI in transportation along with a transportation management system, we will debunk a few myths, and then we will end the series by highlighting how a shipper at Cerasis used EDI to reduce freight expenditures and resources. What is Electronic Data Interchange?

Electronics 262

Electronics Transportation Data Resource Reduction 262

EC Sourcing Group

DECEMBER 1, 2021

9/2/2021 – Guest Blog Post from Kumar Kannan of Procural. If your transportation spend is unmanaged or is procured operationally, then consider these fundamentals to decide if you should more actively manage it. How much of your spend is committed and under contract, and how much is procured on a spot basis?

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52

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. These Platforms have reference rates to guide with market trends. Challenges.

Supply Chain Planning Software 52

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

EC Sourcing Group

SEPTEMBER 2, 2021

9/2/2021 – Guest Blog Post from Kumar Kannan of Procural. If your transportation spend is unmanaged or is procured operationally, then consider these fundamentals to decide if you should more actively manage it. How much of your spend is committed and under contract, and how much is procured on a spot basis?

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52

EC Sourcing Group

MARCH 12, 2023

Some of the most common invoice errors include charging the wrong item price or for the wrong quantity, or charging freight which is not contractually allowed. Identify your data sources that can help identify supplier performance. Update the data frequently because interactions and transactions with the supplier change often.

Procurement Analytics 52

Procurement Analytics Purchasing Skills Procurement Solutions Supply Chain Planning Software 52

SCMDOJO

JULY 24, 2023

Let’s take a closer look at these stakeholders and their roles: Shippers: Shippers are businesses that produce or procure goods and require them to be transported to their intended destinations. They optimize routes, consolidate shipments, manage freight rates, track shipments, and ensure timely and secure delivery.

Logistics Network Optimization Software 92

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 92

ShipBob

APRIL 26, 2023

The upstream supply chain refers to the flow of inventory in the pre-production stage, mostly in relation to the organization’s suppliers. Make sure you have an accurate idea of lead times in relation to your production and procurement processes. Let’s get into it. What is the upstream supply chain?

Supply Chain Planning Software 52

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