Talking Logistics

JUNE 30, 2015

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. As a strategic process, transportation procurement may still seem very tedious and challenging. Be demand driven.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

Supply Chain Shaman

APRIL 18, 2023

As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. The ride is uphill, but the visibility is low. What is normalcy? Shift in cycles.

Supply Chain Planning Software 374

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

Ware2Go

DECEMBER 16, 2021

Supply chain disruptions like freight delays may continue well beyond this year’s peak holiday shopping season. Freight delays have affected consumers and merchants alike. After 18 months of disruptions, the state of international freight was shaky at best heading into this holiday shopping season.

Freight 99

Freight Inventory Reduction Price Reduction Cost Reduction Strategies 99

The Logistics of Logistics

JUNE 23, 2022

When asked what peak season is, it’s easy to assume the holidays are the only peak shipping season. However, four shipping seasons occur throughout the year and are often regular and expected. That was the case until the ongoing disruptions of the past few years changed the shipping game. Q2: The Produce Shipping Season.

Supply Chain Planning Software 237

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 237

Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case inventory strategies. . In a November survey , 87% of merchants shared that they already were affected by increased freight costs. What is just-in-time procurement?

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Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 98

Supply Chain Matters

JANUARY 5, 2024

The Supply Chain Matters blog provides readers with a further update on the ongoing Red Sea shipping disruption including added context and implications. Background Just before the Christmas holiday, Supply Chain Matters alerted our readers to rather troubling signs for another global-wide shipping disruption.

Shipping 52

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Ware2Go

JANUARY 10, 2022

Should you change your supply chain procurement strategy in light of continuing supply chain disruptions? The 2021 holiday shopping season was characterized by high freight rates, elevated lead times , and over-crowded warehouses. Supply chain procurement strategies had long been favoring Just in Time procurement.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Price Reduction 52

ivalua

APRIL 22, 2021

While companies have capitalized on globalization over the last few decades, the COVID-19 pandemic exposed a number of weaknesses within supply chain and procurement industries. Overall, while relocating may be an investment at first, many procurement leaders agree that the benefits of having a supply chain closer to home are worth it.

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Supply Chain Matters

MAY 22, 2023

freight and logistics industry continues to mitigate recessionary conditions including the April 2023 Logistics Manager Index reaching its lowest level lowest level in six years and one-half years. freight, logistics and parcel movement industry. The firm’s Maersk Line container shipping business unit reported net profit of $2.3

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case procurement strategies. In a November survey , 87% of merchants shared that they already were affected by increased freight costs. Advantages.

Just-in-Time 52

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 52

SCMDOJO

APRIL 22, 2024

As recent times have shown us, political matters across the world can have an impact on shipping routes, thus affecting the prices of goods all around the world. Among surveyed respondents, nearly 97% of industrial product companies saw disruptions during the pandemic. How Can We Create More Resilient Supply Chains?

Inventory Reduction 77

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 77

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.

Optimal Sourcing 92

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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

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

Precoro

MAY 19, 2023

According to McKinsey survey of global supply chain leaders , only 53% of respondents describe the quality of data in their supply chain planning systems as “sufficient” or “high.” 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

The Logistics & Supply Chain Management Society

JULY 13, 2021

According to IDC’s 2020 Supply Chain Survey – 72.8% Intelligent automation can be used to digitize compliance procedures like verifying export and import documents, ship vessel certificates and insurances. This is the conclusion found by a new report conducted by Forrester Consulting on behalf of RPA company UiPath.

Supply Chain Software 130

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ShipBob

AUGUST 24, 2023

This may be due to a number of factors with the leading one being geopolitical unrest, which was reported by 58% of business leaders, according to a SAP survey. 31% percent of business leaders in the SAP survey reported it as a major contributor of issues in their supply chain.

Supply Chain Planning Software 52

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EC Sourcing Group

NOVEMBER 23, 2021

A Request for Proposal (or RFP as it is more commonly known) is one of the most important pieces in sourcing and procurement and the overall supply chain. However, this can be a tedious process if you’re still sourcing using spreadsheets or haven’t made your procurement process digital quite yet. Shipping and Small parcel.

EC Sourcing 52

EC Sourcing Material Savings Manufacturing Procurement Price Reduction 52

GlobalTranz

FEBRUARY 7, 2018

While most brands have already integrated live system tracking, secure data exchange processes, and visibility and traceability throughout systems, the use of cloud-based technologies will begin to have a major impact on procurement processes as well, says Marc Wins of Procurement Academy.

Supply Chain Design Software 170

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Supply Chain Matters

JULY 31, 2023

LTL trucking needs, the industry belief is that with existing volumes considerably lower, the lack of signs of an upcoming traditional peak shipping surge ( see below update ), and with businesses having already switched trucking needs to other carriers, that a disruption may be manageable. So, we have to be very cautious on that.”

North America 52

North America America Logistics Network Optimization Software Transportation 52

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Thanks to the ability to track the location of items in real-time during shipping, companies can deliver excellent customer service by providing customers with accurate delivery estimates and real-time location information. Procurement: Partnering with cost-effective and reliable vendors is vital for keeping a business running smoothly.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

EC Sourcing Group

MARCH 12, 2023

Read more – Procurement Software Guide Metrics for supplier performance analysis Let’s look at some of the key categories and associated metrics that can be used to assess supplier performance. Invoice errors refer to discrepancies during the invoicing process.

Procurement Analytics 52

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Unleashed

APRIL 12, 2023

Here are some more differences between B2B and B2C fulfillment: B2B orders cost more to ship, can take longer to reach their destination, and may require specialized handling equipment for loading onto dedicated freight transporters. Conversely, B2C order fulfillment offers rapid, low-cost, and often free, shipping.

Supply Chain Planning Software 52

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Supply Chain Game Changer

JANUARY 12, 2021

3 Most Common Freight Forwarding Scams (and How to Avoid Them)! One of our most popular articles is Freight Forwarding scams. Every couple of weeks I will get an email from someone, from anywhere in the world, who has been the victim of a freight forwarding scam, and is looking for help. Subscribe Here! Email Address.

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Resilinc

JUNE 7, 2021

As the post-pandemic summer is welcomed in with barbecues, pool parties, and evenings on the porch, procurement pros must prepare for another summer ritual: the hurricanes that disrupt supply chains every year. Our surveys show that many suppliers with generators do not take these important measures.” (For

Material Savings 62

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Intelligent Audit

JANUARY 11, 2022

Ultimately, it “ allows companies to generate a four-to-five-times return on investment by partnering with one service partner to support all or part of their supply chain needs, including procurement, production control, manufacturing, quality, warehousing, and logistics. Air transit is the most expensive form of shipping on earth.

Supply Chain Planning Software 52

Supply Chain Planning Software Prescriptive Analytics Software Logistics Network Optimization Software Predictive Analytics Software 52

QAD

DECEMBER 16, 2021

Because import freight is sitting on docks longer and warehouses receiving containers are backlogged, we’re also seeing a shortage of containers and chassis to move containers. IndustryWeek conducted a survey of CEOs in October 2021 to identify supply chain pain points. Recommendations for Manufacturers.

Supply Chain Disruption 95

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ShipBob

NOVEMBER 15, 2021

But to achieve those goals and generate a profit, you’ll next have to figure out how you’ll continue to meet customer demand while minimizing cost — which is impossible without thoroughly strategizing logistics processes like storage, shipping, and fulfillment. Meet customer demand quicker. Increase revenue.

Supply Chain Planning Software 98

Supply Chain Planning Software Logistics Network Optimization Software Material Savings Negotiating Skills 98

TMC

SEPTEMBER 27, 2018

states to identify which attributes and best practices separate shipping “Leaders” from the “Laggards.”. Matching their strengths with your service corridors leads to better performance and having a routine procurement process will ensure your carrier networks are aligned with your current demand.

Optimal Sourcing 62

Optimal Sourcing Negotiating Skills Negotiate Pricing Price Reduction 62

Precoro

MARCH 22, 2023

Let's look at some specific steps that procurement leaders can take to minimize the possible financial impact of supply chain disruption. For example, let's imagine a business that typically prioritizes cost-efficient delivery of raw materials, but is currently manufacturing the product to be shipped as soon as possible.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Disruption Supply Chain Planning Software Material Savings 52

Logistics Viewpoints

AUGUST 29, 2022

Those components get trucked by the Vietnamese Railways, loaded, and then transported to the Haiphong port, where a freight forwarder ensures the container is loaded on an Ocean carrier. The goods are then shipped to the Port of Long Beach, unloaded, and then trucked to a factory in Fresno.

Risk Management 194

Risk Management Supply Chain Planning Software Supply Chain Design Software Supply Chain Risk Management 194

Logistics Viewpoints

FEBRUARY 8, 2022

Manufacturers, retailers and their logistics partners often managed supply and demand volatility by shifting scarce inventory among stores or distribution centers, or investing in expedited freight charges, without considering the real implications of these strategies on their long-term profitability. While driving a projected $14.1

Logistics Network Optimization Software 187

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Supply Chain Matters

APRIL 7, 2022

Global Shipping. The World Container Index , assessed by Drewy Consultants, is a compilation of eight major shipping routes to and from the United States , Europe and Asia. Shipping Transit Timeliness. The Flexport Ocean Timeliness Indicator tracks average ocean container shipping transit times. per 40-foot container.

Global Transportation 52

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TMC

SEPTEMBER 27, 2018

states to identify which attributes and best practices separate shipping “Leaders” from the “Laggards.”. Matching their strengths with your service corridors leads to better performance and having a routine procurement process will ensure your carrier networks are aligned with your current demand.

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Negotiate Pricing Price Reduction 48

TMC

SEPTEMBER 27, 2018

states to identify which attributes and best practices separate shipping “Leaders” from the “Laggards.”. Matching their strengths with your service corridors leads to better performance and having a routine procurement process will ensure your carrier networks are aligned with your current demand.

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Negotiate Pricing Price Reduction 48

Cathy Roberson

JUNE 6, 2022

A Pitney Bowes/Cipher Research survey of 168 US retailers found that the two largest obstacles were technology integrations (42%) and risk of losing volume discounts (39%). Catch my weekly column on air cargo, freight forwarding, and the express markets, as well as a monthly podcast on Air Cargo World.

Supply Chain Network Software 52

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Supply Chain Matters

MAY 3, 2022

The authors of this report noted that manufacturing output fell at second-steepest rate since this survey began in early 2004. For the first time since 2020, survey data related to Germany indicated that new orders and output slipped into contraction values. in March to 46.0 Added Supply Chain Matters Observations and Insights.

Manufacturing Procurement 52

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