Supply Chain Collaborator

MARCH 16, 2020

Here are three reasons why logistics management software like TMS, YMS Freight Audit and others is essential to the survival of business during events like global pandemic. Freight charges to ship oil in Suezmax tankers… have in some cases increased ten-fold amid a shortage of very large crude carriers (VLCCs)…”.

Supply Chain Planning Software 108

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Demand Planning Software 108

EC Sourcing Group

DECEMBER 1, 2021

Demystifying Transportation Sourcing. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. This article is about creating value in transportation sourcing. Applying sound sourcing principles will enable you to unlock value.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52

EC Sourcing Group

SEPTEMBER 2, 2021

Demystifying Transportation Sourcing. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. This article is about creating value in transportation sourcing. Applying sound sourcing principles will enable you to unlock value.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52

GlobalTranz

SEPTEMBER 23, 2021

High freight volumes across all industries in the trucking market are expected to continue into 2022.? The added strain on resources is on track to force high freight volumes to continue well into the next year. Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

The Logistics & Supply Chain Management Society

MARCH 14, 2023

Rates are now starting to stabilise and for ocean freight especially, we are seeing rates closer to pre-COVID levels. Freight procurement is the mainstay of any supply chain professional but price is not the be-all and end-all. What tools we can use to benchmark ocean freight and carriers’ service reliability?

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

Freightos

SEPTEMBER 30, 2015

Since we live and breath freight, we constantly come across information that’s critical for our customers – logistic providers, shippers and carriers. And as freight innovators ourselves, we love seeing more innovation. Freight Rates News that rates for freight and logistics trends – October 2015.

Freight 120

Freight Price Reduction Supply Chain Software Logistics Network Optimization Software 120

Intelligent Audit

JUNE 2, 2022

While freight accounting may have looked simple in the past, varying strategies have flooded today’s market. As the complex and costly transportation landscape dictates that each shipment might require a different method, it’s easy for freight invoice errors to fall through the cracks. What Are Freight Invoice Errors ?

Freight 52

Freight Analytics Software Supply Chain Software Demand Planning Software 52

Freightos

FEBRUARY 16, 2020

The digitization of commerce created a path for giants like Amazon and Alibaba to dominate their respective storefront/fulfillment and sourcing roles in the market. million freight containers each year. But this spike put capacity on container ships at a premium, pushing freight rates way up as well.

Purchasing Skills 177

Purchasing Skills Supply Chain Software Price Reduction Manufacturing Procurement 177

Intelligent Audit

MAY 12, 2022

Often, the general public’s view of freight transportation is similar. The Bureau of Transportation Statistics reported that, “Freight shipped across the U.S. With so much money moving across the country and globe, supply chain professionals must prioritize a proficient freight invoice and payment processing system. .

Freight 52

Freight Rail Software Analytics Software Price Reduction 52

Talking Logistics

NOVEMBER 15, 2016

Freight Audit may not be the sexiest aspect of transportation management, but that doesn’t mean it doesn’t play a critical role in helping companies effectively manage and control their transportation spend, as well as provide valuable insight to drive continuous improvement.

Freight 0

Freight Analytics Software Procurement Analytics Sourcing Strategies 0

ShipBob

JULY 28, 2023

But, the fact of the matter is, if you’re transporting products overseas then you need to know how to properly fill out a shipping manifest. Understanding the ins and outs of shipping manifests, and getting them right the first time, can save you a lot of time and stress down the line. What is a shipping manifest? The result?

Shipping 52

Shipping Cargo Material Savings Third Party Logistics 52

The Logistics of Logistics

JANUARY 25, 2023

About Tai Software Tai Software (TMS) has been actively helping freight brokers grow their business for over 15 years, with a core team of software developers and industry experts. Tai’s TMS provides freight brokers with an all-in-one platform for quoting, booking, and tracking shipments.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Software Software 130

Resilinc

NOVEMBER 2, 2021

In the race to fill distribution centers and store shelves with inventory for the holidays, some of the world’s largest retailers and ecommerce sellers are jumping ahead of smaller competitors by chartering ships, shifting freight to air, re-rerouting inland shipments, and hiring more staff for distribution centers and other supply chain nodes.

Inventory Reduction 62

Inventory Reduction Retail Cost Reduction Strategies Resource Reduction 62

Freightos

AUGUST 14, 2023

” ( Source) Global freight, with its blend of structured processes, unpredictable variables and high frequency, is perhaps the most fertile playground for the AI revolution. While Mick Jagger might not trust ChatGPT to ship his guitar, it’s clear that the winners in logistics won’t be humans or AI.

Logistics Network Optimization Software 249

Logistics Network Optimization Software Price Reduction Material Savings Supply Chain Software 249

Logistics Viewpoints

JULY 28, 2021

As I mentioned in an earlier post on the growth drivers for the Transportation Management Systems market , transportation visibility tools are one of a number of technologies that are improving performance and helping to reduce freight spend. Real-time visibility tools are often thought of as an over-the-road technology.

Real-time Visibility 247

Real-time Visibility Transportation Forecasting Software Predictive Analytics Software 247

Talking Logistics

MAY 23, 2018

“Freight spend is up 15% year over year and it is eating into the bottom line! Supply chain management leaders, especially in transportation, are under heavy fire from CFOs for the dramatic increases in freight spend that are eroding the profitability of shippers in every industry. Combating Rising Freight Costs with a TMS.

Negotiating Skills 100

Negotiating Skills Logistics Network Optimization Software Analytics Software Modeling Software 100

Intelligent Audit

JANUARY 12, 2021

Discrepancies and errors with invoices, records, communications, and processes represent the biggest issues facing companies today regarding freight management. Where no systems of checks or balances exist and no freight audit protocols remain, it is difficult to detect these issues before they cause major problems.

Supply Chain Network Software 59

Supply Chain Network Software Analytics Software Logistics Network Optimization Software Freight 59

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. It is easy to understand why strategy is often set aside to meet immediate needs of getting product shipped out the door. Be demand driven.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

Logistics Viewpoints

FEBRUARY 26, 2024

Everything from contrast dye, to tubing, to medical devices with embedded semiconductor chips would suddenly become difficult to source. For example, when a UPS strike was looming last year, the Interos solution automatically highlighted Cooper’s strategic suppliers that relied on UPS for shipping.

Supply Chain Planning Software 249

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 249

ivalua

FEBRUARY 8, 2023

Digital transformation will lead to the evolution and digitization of key procurement processes, from source-to-pay. This way, if one supplier is impacted by a disruption, you can source goods from another supplier. Teams should also revise expectations for tier-two and tier-three suppliers, shipping and freight partners.

Manufacturing Procurement 242

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 242

Elementum

OCTOBER 3, 2018

Today, trucking, shipping, air shipping, and other logistics services are all experiencing disruption: As consumer expectations evolve, businesses are constantly pressured to deliver high-quality goods in the shortest amount of time. But issues surrounding labor and rising fuel prices pose real threats to the freight industry.

Freight 68

Freight Company Sourcing Strategies Logistics Network Optimization Software 68

ModusLink Corporation

SEPTEMBER 1, 2023

Supply Chain Management In the ever-evolving world of freight and logistics, volatility has become the new normal. Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. Consider global container shipping rates. before the COVID lockdown ( Freightos ).

Optimal Sourcing 78

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Manufacturing Procurement 78

Jaggaer

DECEMBER 4, 2018

Why You Should Consider Freight Procurement Sourcing Solution. Whether you’re in charge of ordering the “things” or managing how and where those things get from A to B, both sides of the procurement equation stand to benefit from freight procurement automation. The Challenges of Freight. Data is King.

Optimal Sourcing 40

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Procurement 40

Elementum

OCTOBER 3, 2018

Today, trucking, shipping, air shipping, and other logistics services are all experiencing disruption: As consumer expectations evolve, businesses are constantly pressured to deliver high-quality goods in the shortest amount of time. But issues surrounding labor and rising fuel prices pose real threats to the freight industry.

Freight 60

Freight Company Sourcing Strategies Logistics Network Optimization Software 60

Logistics Viewpoints

OCTOBER 31, 2022

When the supplier has produced the goods, they send an advanced ship notice (ASN) to ZF via SupplyOn. Which ship are the components being shipped on. After 14 weeks the ship will arrive, customs clearance and post-carriage will be done and we will get our parts.” Or do we need to ship this by air?”

Agile and Lean Supply Chain 197

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Lean 197

Supply Chain Collaborator

MAY 23, 2018

Freight spend is up 15% year over year and it is eating into the bottom line! Supply chain management leaders, especially in transportation, are under heavy fire from CFOs for the dramatic increases in freight spend that are eroding the profitability of shippers in every industry. Combating Rising Freight Costs with a TMS.

Negotiating Skills 74

Negotiating Skills Logistics Network Optimization Software Cost Reduction Strategies Analytics Software 74

Supply Chain Matters

FEBRUARY 14, 2024

Shipping Lines Warn Red Sea Security Continues to Deteriorate Bloomberg reported last week that the CEO’s of two major shipping lines, which being Maersk and Norden, have both of the view that the security threat level of shipping traversing the Red Sea to and from the Suez Canal has continued to escalate. percent to 4.5

Transportation 52

Transportation Supply Chain Planning Software Panama Supply Chain Software 52

Freightos

MARCH 19, 2020

While people find it easy to book things like accommodations online, container owners and freight forwarders or shippers looking for available Shipper Owned Containers (SOCs) often still struggle to connect with trusted partners. As freight forwarders, we’re not the only industry that has had to digitize.

Logistics Network Optimization Software 272

Logistics Network Optimization Software Freight Modeling Software Supply Chain Network Software 272

Logility

MARCH 29, 2022

Manufacturers and shipping companies assumed that because of layoffs, demand would drop. As the pandemic eased, ports suffered bottlenecks, natural disasters disrupted freight movement, railways suffered congestion, and new legislation further complicated the movement of goods. Shipping costs have skyrocketed.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply and Demand Supply Chain Optimization 130

QAD

AUGUST 16, 2022

Continued fallout, including transport congestion, limited air freight and rail freight transportation in the Asia-Europe lanes, because of the Russia/Ukraine conflict. QAD SRM delivers the tools to improve real-time communication and procurement processes and to counteract supply risks. Potential U.S.

Optimal Sourcing 92

Optimal Sourcing Supply Chain Software Manufacturing Procurement Supply Chain Design Software 92

Talking Logistics

JANUARY 16, 2018

Understand the 3-Legged Freight Movements at the Border. Companies carrying freight across the U.S.-Mexico At a minimum, companies will need to be familiar with these most common documents: Bill of Lading (BOL) – A bill of lading is an essential document for any freight shipment. Bills of lading for U.S.-Mexico Likewise, a U.S.

Mexico 205

Mexico Logistics Network Optimization Software Optimal Sourcing Logistics 205

Intelligent Audit

JANUARY 12, 2023

As retailers with overstock and “a range of measures of shipping demand across the U.S. are sliding, freight rates are falling as a result,” according to an article in The Wall Street Journal and various other sources. This requires the right tools and expertise, as well as the time and resources to go into the process.

Optimal Sourcing 52

Optimal Sourcing Analytics Software Optimization Software Logistics Network Optimization Software 52

The Logistics & Supply Chain Management Society

SEPTEMBER 21, 2022

We can help business leaders by providing insight on the environment benefits or disadvantages of their different sourcing options to start with, but after that comes the physical moving of goods. This will always be the case and there are always new tools to assist with this. This is the realm of the logistics professional.

Supply Chain Design Software 246

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Forecasting Software 246

The Logistics of Logistics

JUNE 23, 2022

The need for practical and applicable last-mile delivery in retail involves saving money and reducing the expenses associated with this vital yet often overlooked leg of the shipping journey. According to Insider Intelligence , “ As a share of the total cost of shipping, last-mile delivery costs are substantial—comprising 53% overall.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Retail Supply Chain Planning Software Optimal Sourcing 100

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2022

It takes committed upper management to invest in the tools that can measure what is happening so that this greater efficiency can be realized. The ability to do any of this generally means having the tools – and that takes data. In one case the fuel and emissions per kilogram shipped was actually halved for a customer!

Optimal Sourcing 246

Optimal Sourcing Optimization Software Real-time Visibility Logistics Network Optimization Software 246

Logistics Viewpoints

JULY 27, 2021

As driver pay increases, so does the incidence of drivers jumping ship, switching companies for the next best payday. Capturing it, cleaning it, screening it and analyzing it to determine better routes, better prices, and better sources is foundational to smart logistics operations.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Predictive Analytics Software 246

ToolsGroup

AUGUST 1, 2022

Department of Commerce International Trade Commission , the percentage of retail sales sourced from ecommerce is predicted to increase into 2024–well beyond the lockdowns that caused the initial rise in ecommerce spend. According to a study by Narvar , 75% of consumers have been given a refund without needing to ship back the product.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296