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10 Key Logistics & Procurement Supply Chain Practices to Know and Master to Reduce Spend.

Cerasis

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.

The Transportation Supply Chain: Transportation’s Role in Supply Chain Management to Lower Total Costs

Cerasis

One of the often missing links, however, in supply chain visibility, is transportation management. We call this the transportation supply chain. What is the Transportation Supply Chain? Transportation refers to the movement of product from one location to another as it makes its way from the beginning of a supply chain to the customer’s handle. Any supply chain’s success is closely linked to the appropriate use of transportation.

What’s the Difference Between Freight Management and Logistics Management?

Supply Chain Game Changer

In business it is not uncommon to hear the words “Logistics Management” and “Freight Management” thrown around interchangeably. What is Freight Management? But what activities are thus considered to be a part of Freight Management? Subscribe Here!

Full Truckload Technology: The Various Technology Involved in Full Truckload Freight Shipping Management

Cerasis

Statistics on the industry-wide use of a transportation management system (TMS), like the Cerasis Rater, are lacking. In full truckload freight management, technology will make or break plans for keeping freight spend in check. Demand for record-breaking speed of delivery and free shipping are only making the case for greater use of technology in full truckload freight shipping management, and shippers need to understand why.

How Automation in the Supply Chain Will Make Employees More Strategic & Improve the Overall Supply Chain

Speaker: Adam Robinson, Director of Marketing, Cerasis

10 Ways Effective Transportation Management Drives Competitive Advantage

Cerasis

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.

Report Points to Increase of Shippers Outsourcing Transportation Management Due to These 4 Core Benefits

Cerasis

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.

This Week in Logistics News (October 8-12, 2018)

Talking Logistics

Alexa Heads to the Warehouse (WSJ – sub. Transplace Acquires Yusen Logistics’ Intermodal & Freight Brokerage Group. Trimble Acquires Brazil-Based Veltec to Expand its Global Portfolio of Transportation Solutions. Alexa in the Warehouse.

Blockchain in freight forwarding – Is it the next big thing?

20Cube Logistics

Supply chain involves procurement, creating orders, packing, shipping and distribution of goods, etc., How will blockchain impact freight forwarding? It becomes easier for companies and individuals to bring in ethical procurement practices in place.

[e-Book] How To Shift From Tactical To Strategic Logistics and Transportation Management To Create A Competitive Advantage

Cerasis

We release our second e-book today by focusing on strategic logistics and transportation management creates a competitive business advantage for shippers. Transportation management is no longer a tactical approach to simply moving freight and doing it at the lowest possible cost. This is especially relevant for third-party logistics and transportation management service providers, whose service fee is based on reducing cost and streamlining the shipper’s supply chain.

Freight and Logistics – Breaking the Traffic Jam that is your Supply Chain!

Supply Chain Game Changer

Having a Transportation Management System with electronic connectivity showing you where your goods are at any point in time gives you the ability to manage your product flow. Check out Freight and Logistics (Part 4) – Do You Have Hidden Freight Costs? .

How Freight Disrupted Itself: The View From Within A Changing Industry

Freightos

How Freight Disrupted Itself. In the last year, a new dynamic has begun to reshape the freight industry. Phil knows his (freight) stuff. In his PhD thesis he developed a product to secure ocean freight rates with financial derivatives. Declining Freight Rates.

Logistics Cost Reduction: 6 Focuses to Create More Profit

Cerasis

Ensure that your warehouse operation is safe. Analyze labor reduction for any warehousing operation. There are Labor Management Software systems that can help manage work in the warehouse. Incentive programs for warehousing employees do work.

What Transportation Professionals Need to Know About the U.S.-Mexico Border Situation

CH Robinson Transportfolio

While this threat is not new, it certainly feels different this time around, and specifically raises questions for those involved in regular cross border freight movements. Utilize warehouses and secured carrier yards as drop points. Actively communicate with your procurement team.

The Top 10 Transportation Management Systems

The Logistics of Logistics

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.

Flying Warehouses! And Mobile Fulfillment Centers that Exist Today

FLEXE

Illustrations in the filing show a flying warehouse, which would remain at high altitudes as drones fly back and forth between the warehouse and nearby shipping destinations. One big shoe retailer recently used this type of warehousing to support its pop-up store campaign.

The Challenges & Steps in Procuring a Full Truckload as a Shipper

Cerasis

As a shipper, it can be hard to procure full truckloads, and small and mid-sized shippers suffer from an exacerbated version of this problem. Shippers face tightening capacity, higher rates, and demanding consumers, and procuring a full truckload may be the last thing on their minds. In reality, procuring a full truckload as a small or mid-sized shipper comes with unique challenges. Will the freight be competitive? Full Truckload Procurement

The Disintermediation of the Supply Chain!

Supply Chain Game Changer

For every node of the supply chain this means that there is transportation, movement and handling, inventory, and production and over, or under production. Distributors and transportation service providers are disintermediated in this model. Subscribe Here! Email Address.

The Supply Chain Game Changer Job Board!

Supply Chain Game Changer

It includes functional areas such as Procurement, Purchasing, Freight, Logistics, Planning, Material Handling, Inventory Management, Cash Flow Management, Quality Management, Diversity, Customer Support, Systems Design and Deployment, Business Process Engineering, and Business Management.

6 Cost Reduction Benefits From Optimized Transportation Management

Cerasis

With a proactive plan towards an eye on optimized transportation management that is well executed can make the difference between excellent customer service, and customers looking elsewhere for their needs. Measurable Benefits of a Third Party Logistics Company on Transportation Costs.

What Exactly Is Supply Chain Management? 10 Different Definitions!

Supply Chain Game Changer

Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more. SCM #SupplyChain #Technology #Logistics #Freight #Purchasing #Procurement #Business.

Why is Supply Chain Such a Great Career Path?

Supply Chain Game Changer

Supply Chain involves planning, execution, physical flows of goods, the flow of information, processes, financial management, sourcing, logistics, procurement, manufacturing, distribution, logistics, repair and recycling, business management and much, much more. Subscribe Here! Email Address.

The 4 Key Processes Enabled by a Transport Management System (TMS) in 2015

Cerasis

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. A Transport Management System brings Needed ROI & Efficiency.

Do You Know When it’s Time for a Freight Review?

Logistics Bureau

Choosing freight carriers is not the easiest of tasks, so it’s understandable why companies often overlook the need for a freight review , even when such an undertaking is long overdue. Read and Heed the Signs that Freight Review is Due. Changes in freight-rate structure.

Multimodal 2015 – Advanced Supply Chain Management and Logistics for Cargo Owners

Supply Chain Movement

Entering its eighth year, Multimodal has grown to become the UK and Ireland’s premier freight transport and logistics event. Exhibitors at Multimodal represent every logistics sector – road, rail, aviation, maritime, warehousing, storage services. Shipping Managers, Procurement Directors, Distribution Managers, Traffic Managers, Logistics Directors, SCM Directors, Sourcing Managers, Transport Managers and Supply Chain Directors from: Major High Street and Online Retailers.

6 More Logistics Technology Trends Enabling Success in 2018

Cerasis

However, logistics focuses expressly on the movement and storage of products, while the supply chain goes into deeper detail, including manufacturing processes, procurement, and the flow of goods. TMS Transportation Management

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28 supply chain professionals share the biggest challenges of supply chain management

6 River Systems

Our supply chain involves a contract manufacturer, a third-party testing facility, warehouses to store inventory and a freighting company. As if this wasn’t enough, transportation costs are rising and forcing companies to constantly adjust and optimize. Warehouse Operations

TMS for SMB: A Case Study with Carhartt

Talking Logistics

What defines the small and mid-sized business (SMB) market for transportation management systems (TMS)? Its freight spend? Procurement & Contract Management. Freight Bill Audit & Pay.

The Million Dollar Transportation Strategy Question – When Do You Need A Multi-Carrier Parcel Solution?

BluJay Solutions

When reviewing their transportation strategy and calculating shipping budgets, they are forced to ask,“Do we want to or can we afford to be held hostage by our carrier?”. In summary, consider carriers as a central element of your transportation strategy.

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The History of Supply Chain Management! (Infographic)

Supply Chain Game Changer

pallets and pallet lifts) to improve the very labor intensive processes of material handling and how to take better advantage of space using racking and better warehouse design and layout. Check out Why don’t you have a TMS (Transportation Management System) Solution yet? .

Last Mile Delivery Explained! (Infographic)

Supply Chain Game Changer

While each step of the way should be taken seriously, there is no point more high-priority than that of the last mile delivery stage, where the goods from a transportation hub move to their final delivery destination. SCM #SupplyChain #freight #logistics #ecommerce #transportation #retail.

Five Ways to Be a Shipper of Choice: Lessening Capacity Crunch Impact with a TMS

Talking Logistics

One of the most impactful tools in a shipper’s arsenal toward this end is a Transportation Management System (TMS). A recent report by the Department of Transportation’s Office of Inspector General said that the trucking industry loses between $1.1 Research done by DAT Solutions, a spot freight marketplace, reports that as many as 32 percent of drivers experience delays of more than two hours at one stop.

50 expert tips on logistics planning and strategy

6 River Systems

Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts. “As for your internal systems, real-time inventory management helps you manage your fulfillment warehouses.

36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

With how quickly new technology, tips and warehouse management techniques are emerging, wouldn’t it be nice to take a page from someone else’s book? Globally, the company ranks 3rd in air and ocean freight, and ranks 5th for international contract logistics. Warehouse Efficiency

This Week in Logistics News (June 20-24, 2016)

Talking Logistics

Behind those Amazon Prime boxes, a bull market in warehouses (Reuters). April 2016 North American Freight Numbers. Cass Freight Index Report – May 2016. Late Tuesday, Covenant Transportation Group Inc.

This Week in Logistics News (May 7-11, 2018)

Talking Logistics

Freight Operators Dismiss Threat of Digital Startups (WSJ – sub. Kuebix Surpasses 10,000 Companies Using Its Transportation Management System (TMS). Rail, One of the Transportation Granddaddies, Still Relevant.

This Week in Logistics News (April 29 – May 3, 2019)

Talking Logistics

Indago is a Latin word that means “to investigate, search out, try to find/procure by seeking.”. Moving on, here’s the supply chain and logistics news that caught my attention this week: Amazon’s Freight Push Rattles Logistics Sector (WSJ – sub. Amazon the Freight Broker.