Cerasis

FEBRUARY 24, 2015

When you want to drive down your logistics and transportation spend, the very first thing that you need is freight and transportation data. Luckily, this isn’t the case for transportation data. With the services of a trusted 3PL and a good transportation management system (TMS), you can glean an abundance of data around activities and practices related to your transportation department. Accurate freight and transportation data is particularly important.

Transportation 247

Transportation Data Freight Report 247

Cerasis

JULY 29, 2015

This is especially true when outsourcing transportation management, as transportation can include a large part of your overall supply chain and business costs. Consider the many shippers who have outsourced transportation management and other logistics functions to third-party logistics (3PL) providers the past few years. The slowest demand for 3pl services will be in outsourcing transportation management, Armstrong stated.

Transportation Management 257

Transportation Management Report Transportation Third Party Logistics 257

Cerasis

SEPTEMBER 14, 2016

However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. As a result, an external benchmarking tool , explains Olga Rissin of CHAINalytics , offers the benefits of reducing internal spend and accessing outside data, which further drives competitive advantage and lower spend in managing the procurement supply chain. As a result, more shipments can be placed on “fast lanes,” reducing overall freight spend and duration of shipments.

Procurement 260

Procurement Logistics Supply Chain Benchmarking 260

Supply Chain Game Changer

SEPTEMBER 9, 2020

Digital Procurement article and permission to publish here provided by Katherine Barrios of xeneta.com. The Hackett Group has recently released their analysis of their procurement benchmarking database. It demonstrates the advantages of working with a digital procurement strategy.

Procurement 52

Procurement Chemicals Groups Analytics 52

Supply Chain Game Changer

OCTOBER 29, 2020

Do You Have Hidden Freight Costs? Freight sourcing team article and permission to publish here provided by Katharine Barrios at xeneta.com. Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. Whether you are a BCO (Beneficial Cargo Owner), Freight Forwarder or NVOCC it is essential that you get this critical component right. Use of Freight Rate Benchmarking. Subscribe Here!

Sourcing 40

Sourcing Benchmarking Freight Cargo 40

Supply Chain Network

AUGUST 6, 2012

According to the latest American Shipper benchmark survey, transportation spending increased in 2012 – according to 75 percent of respondents – remaining unscathed by budget cuts. Shockingly, though, companies are failing to invest in the necessary procurement tools to manage spend and optimize their transportation networks. In my next post, I’ll hit on the top strategies to improve the procurement process and uncover hidden savings in your logistics network.

Procurement 81

Procurement Transportation Benchmarking Survey 81

Cerasis

OCTOBER 19, 2015

Transportation management is no longer a tactical approach to simply moving freight and doing it at the lowest possible cost. There are several factors that exist today that are forcing shippers to use even more resources, which distract from their core competencies , in order to have a strategic and much more nuanced, complex transportation management practice. 10 Tips to Remain Competitive and Have an Effective Transportation Management Strategy.

Transportation Management 255

Transportation Management Transportation 3PL Metrics 255

Talking Logistics

APRIL 7, 2016

One of my supply chain and logistics predictions for this year was that the transportation management system (TMS) market will become more barbell-shaped ( mirroring what is happening in the third-party logistics industry ). “We’re 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.

Transportation Management 131

Transportation Management System Transportation Third Party Logistics 131

CH Robinson Transportfolio

SEPTEMBER 22, 2020

We recently announced our latest innovation, Procure IQ™ , which reimagines the way shippers purchase transportation. Developed inside our innovation incubator Robinson Labs , Procure IQ uses predictive analytics, artificial intelligence and C.H.

Procurement 44

Procurement Predictive Analytics Transportation Tools 44

Cerasis

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!), 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. Logistics LTL ltl procuremen

Procurement 229

Procurement Third Party Logistics Metrics Benchmarking 229

Cerasis

JUNE 7, 2018

Statistics on the industry-wide use of a transportation management system (TMS), like the Cerasis Rater, are lacking. The most recent report on adoption rates of TMS is from 2015, with only 35 percent of shippers actively using a TMS, asserts Bridget McCrea of Logistics Management. In full truckload freight management, technology will make or break plans for keeping freight spend in check. Freight Management News Full Truckload Technology

Freight 186

Freight Shipping Third Party Logistics Electronics 186

Cerasis

JANUARY 30, 2015

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

Transportation 249

Transportation Data Comparison Sourcing 249

Talking Logistics

APRIL 30, 2019

According to industry reports, carriers were able to add approximately 2% new drivers last year, in part, due to more driver-friendly practices and an increase in driver pay. More driver-friendly practices increased, including flexible appointment scheduling and improved driver detention, allowed drivers to maximize their hours-of-service, which increased overall capacity in the freight network. This also has been another gain in overall freight capacity over the past year.

Transportation 99

Transportation Automotive Freight Procurement 99

Talking Logistics

SEPTEMBER 6, 2016

Managed transportation service providers work to deliver transportation solutions to maximize service at the lowest cost through people, process, and technology. The process involves investigating the current transportation activities and engaging in new opportunities for cost-savings while optimizing service levels. A recent ARC Strategies study on managed transportation services found, on average, MTS can save a company between 2 and 10 percent of its transportation spend.

Transportation 107

Transportation Benchmarking Capacity Procurement 107

The Logistics of Logistics

JUNE 15, 2013

The Top 10 Transportation Management Systems. Each year as businesses of every size and industry fight to broaden market share the same old questions haunt the boardrooms, “How can we reduce transportation costs? The answer almost always requires close scrutiny of a companies supply chain infrastructure and the status of its Transportation Management System (TMS). Transportation Management Systems. JDA Transportation Manager.

Transportation Management 100

Transportation Management System Transportation Canada 100

Talking Logistics

APRIL 27, 2017

I conducted my first research study on transportation management systems (TMS) back in March of 1999. And over time, standalone TMS applications focused on a single mode, transportation process, or geographic region have transformed into “platform solutions” that address a broader spectrum of transportation management capabilities in a smarter and more integrated manner. What is a transportation management system?

Transportation Management 74

Transportation Management System Transportation Third Party Logistics 74

Talking Logistics

SEPTEMBER 29, 2016

In today’s highly competitive marketplace, understanding how your company’s procurement strategy and results compare with industry peers is critical. Whether you need to inform management that your performance is superior or has improved, or identify opportunities in the procurement process to drive additional economic value – there is no better time to benchmark and bid your carrier rates than now.

Benchmarking 174

Benchmarking North America Third Party Logistics Capacity 174

Talking Logistics

JUNE 24, 2016

April 2016 North American Freight Numbers. Cass Freight Index Report – May 2016. From a supply chain perspective, Brexit will have a ripple effect on procurement, trade agreements, customs, and other areas. In other news, The Council of Supply Chain Management Professionals (CSCMP) released its 27th Annual State of Logistics Report, which revealed that “total U.S. As reported in the Wall Street Journal : Werner Enterprises, Inc.,

Logistics 123

Logistics Third Party Logistics Journal Supply Chain Risk Management 123

Talking Logistics

FEBRUARY 29, 2016

There was a deceleration in freight volumes during the second half of 2015 which continued into the first month of 2016. So, that tells me that the inventory situation continues to weigh on truck freight volumes. The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, dropped 0.4 percent in December from November , with December 2015 freight shipments down 2.0

Capacity 91

Capacity North America Journal America 91

Talking Logistics

JULY 12, 2016

At Transplace’s recent Shipper Symposium, a diverse group of shippers, logistics experts and analysts came together to discuss the latest industry trends and obstacles faced by supply chain and transportation professionals, and identify strategies for addressing these issues and improving operations. During the event, we had the opportunity to examine how the transportation world is shifting and what it all means to attendees’ business strategy.

Transportation 79

Transportation Industrial Industry Third Party Logistics 79

Cerasis

MARCH 2, 2018

Transportation management will evolve dramatically in 2018. In addition, the continued rise of freight trucking rates, as explained by James Jaillet of Overdrive Online , will demand newer, faster and more efficient transportation management systems (TMS). Fortunately, shippers can prepare for increasing prices by understanding these 5 top transportation management trends. The Freight & Transportation Management Trends to Know in 2018.

Transportation Management 205

Transportation Management Trends Transportation Comparison 205

MercuryGate

AUGUST 25, 2020

Usability Be up and running easily and quickly, enabling transportation teams to realize immediate and measurable results. Company Discover the company who is revolutionizing the transportation management industry. 7 Ways Transportation Companies Can Improve Customer Experience.

Company 52

Company Freight Policies eBook 52

Cerasis

FEBRUARY 16, 2015

We continue our series on the “State of the Transportation Management Systems” today with our post on the 4 key processes enabled by the use by shippers of a transport management system or TMS. The popularity of the use of transport management system (TMS) has been growing steadily in the last few years. A transport management system helps coordinate all the data points in a transportation network.

Transportation Management 217

Transportation Management System Transportation KPI 217

EFT

MARCH 19, 2019

Customer demands for faster and faster service are having an effect across the supply chain finds eyefortransport’s new D3 2019 report. of retail respondents report that their average time to restock returns is three days or less, marking out a clear focus on agility of inventory that can accommodate a more e-commerce-centric environment and a higher returns volume. . reporting this level in 2017. Gabi Weisel, Director Global Indirect Procurement, Estée Lauder.

New York City 44

New York City Retail New York Distribution 44

Cerasis

JUNE 14, 2018

Full truckload shipping is generally less expensive than other over the road transportation modes. The Problem: Shippers Using LTL-Exclusive Shipping Have Minimal, If Any, Profitability in Freight Spend Shippers have been bartered with the topic of LTL shipping for years, including how to make better use of it, reduce freight spend and leverage technology. Although LTL rates have remained more expensive than full truckload freight, full truckload rates are on the rise.

Freight 173

Freight Shipping Third Party Logistics Capacity 173

Cerasis

FEBRUARY 2, 2017

Transportation management technology evolved throughout 2016. The IoT Became a Core Concept in Transportation Management Technology. Increasing urban mobility and accessibility of shipment routes are driving forces of IoT use in transportation management technology. Radio frequency identification, GPS , acoustic sensors, near-field communications and more are combining to give transporters more information than ever about the status of a given shipment.

Transportation Management 194

Transportation Management Transportation Industrial Industry 194

Cerasis

SEPTEMBER 17, 2015

At Cerasis we work with our shipper customers who procure items every day and have needs for inbound freight management as they secure those products from their vendors. Increasingly, as we work with procurement folks at these companies, we are hearing that technology for better communication and to create more efficiency. The Future of Procurement is Driven by Technology. In 10 years, your day-to-day job in procurement might be radically different.

Procurement 253

Procurement Survey Sourcing Security 253

Supply Chain Game Changer

JANUARY 29, 2020

This regulation will see the largest reduction in the Sulphur content of the transportation fuel under taken at any time in the history. Under this regime, the primary responsible party in the freight market will be the vessel owner or operator. New fuel will likely cost more than current bunker fuels and fuel surcharges will likely be added by carriers & its expected to increase freight rates by at least 15% to 30% in 2020. Preparing for a New Marine Freight World.

Virgin Islands 50

Virgin Islands Shipping Chemicals United States 50

Talking Logistics

DECEMBER 19, 2016

That was one of the research questions explored by Nane Amiryan and Sharmistha Bhattacharjee, graduate students at MIT’s Center for Transportation & Logistics (MIT CTL), in a project sponsored by C.H. The chart below highlights their findings: As summarized in the report titled “ Do Higher Truckload Rates Bring Better Carrier Performance? ”: There was no relationship found between on time pickup (OTP) and freight rate. Research in Focus Transportation Management C.H.

Research 119

Research Transportation Benchmarking United States 119

Talking Logistics

OCTOBER 19, 2016

What defines the small and mid-sized business (SMB) market for transportation management systems (TMS)? Its freight spend? Rapid growth, coupled with new market segments and channels (including ecommerce), prompted Carhartt to embark on a multi-million dollar upgrade of its distribution center, which included investments in warehouse management and transportation management solutions. Procurement & Contract Management. Freight Bill Audit & Pay.

Case Study 167

Case Study Study Apparel Conference 167

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. Furthermore, pressure on carriers and the transportation industry will result in greater use of elastic logistics methodologies, so supply chain managers must be willing to change and adapt.

Guidelines 43

Guidelines Supply Chain Execution Internet of things Lean 43

Supply Chain Game Changer

NOVEMBER 15, 2018

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. Furthermore, pressure on carriers and the transportation industry will result in greater use of elastic logistics methodologies, so supply chain managers must be willing to change and adapt.

Guidelines 56

Guidelines Supply Chain Execution Company Internet of things 56

Logistics Trends and Insights

SEPTEMBER 3, 2018

Robinson, air freight pricing has increased between China and the U.S. Panalpina, DHL Global Forwarding and Flexport are among forwarders that have added additional air freight capacity this year. Panalpina has procured extra flights for its charter operation while DHL Global Forwarding announced earlier this year that it would deploy a second dedicated Boeing 747-400F — ACMI-leased through Atlas Air — to connect the US, Europe and Asia. Air Cargo air freight airfreight

North America 88

North America Los Angeles America Capacity 88

Supply Chain Collaborator

AUGUST 2, 2019

When broader market rates for truckload freight change significantly, shippers can find themselves paying prices for shipments well outside of what current market rates should dictate. It would seem, shippers are currently experiencing this situation today as the markets telegraph lower freight rates. Here’s the rundown of today’s rate environment and what smart shippers can do to protect their freight spend.

Strategy 67

Strategy Freight Journal Procurement 67

Supply Chain Game Changer

NOVEMBER 23, 2018

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Better reporting and data have made for an increased reliance on KPIs to maximize performance in areas like Sourcing, Logistics, Manufacturing, and Sales. For example, if a company is measuring their Procurement function on price, and they source materials based on price without emphasizing quality, this can harm manufacturing will still making it look like Procurement is succeeding.

Sustainability 54

Sustainability Forecasting Sourcing Big Data 54