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With globaltransportation costs climbing and carrier networks becoming more complex, transportation spend management has become a strategic priority — not just a back-office function. Why Transportation Spend Management Demands Better Data Transportation spend often ranks as one of the top operational costs for shippers.
We proudly announce that Blue Yonder has been named a Leader in the 2025 Gartner Magic Quadrant for Transportation Management Systems (TMS) report 1 for the 14th consecutive year 2. Blue Yonders achievements are deeply rooted in our transportation management solutions and the Blue Yonder Platform.
Ongoing disruptions in the Middle East are driving up supply chain costs across energy, transportation, insurance, inventory, and technology. Assess and mitigate exposure to new globaltransportation bottlenecks 2. link] Robert Transportation Manager, N/A Posted on: Aug, 30 2016 Good article! Supply Chain Digest Says.
Two major shifts are changing the face of globaltransportation management as we know it: Supply chains are becoming increasingly complex, relying on partners and data beyond the four walls of the enterprise; The very definition of globaltransportation management is broadening and expanding well beyond the traditional TMS scope.
As shippers of all sizes expand their global sourcing, manufacturing, and distribution operations, they have to navigate the complexities involved with globaltransportation management. What are the main challenges global shippers face today? “It
Mike Hane, Director, Product Marketing, TMS at Descartes Does your company view transportation as a competitive weapon? The report categorized survey respondents in terms of how they see transportation: either as a “Competitive Weapon” or “Not Important.” For example, Competitive Weapon companies are 3.4
Mike Hane, Director, Product Marketing, TMS at Descartes Does your company view transportation as a competitive weapon? The report categorized survey respondents in terms of how they see transportation: either as a “Competitive Weapon” or “Not Important.” For example, Competitive Weapon companies are 3.4
In the age of e-commerce, maintaining the status quo will result in failure, disgruntled customers and added expenses, but shippers that leverage 3PL resources to apply transportation management best practices for e-commerce , as listed below, can navigate the issues that arise in e-commerce and achieve sustained profitability.
When it comes to managing global supply chains, international transportation is where the rubber meets the road. But as many companies quickly find out, managing international transportation is very different from managing domestic transportation. Here’s what he said: It starts with sourcing.
Managing a global supply chain network requires the ability to manage and control both globaltransportation execution and the associated freight spend. In a constantly shifting and competitive global trading environment, it is increasingly important to control all costs across the entire supply chain.
There are 4 fundamental areas where globaltransportation is challenged. Three of these challenges are variants on traditional transportation challenges and the last is relatively new but growing in importance. These challenges are: Information Accessibility – visibility, reporting & analysis, communication.
Kendra is the VP of GlobalTransportation Management leading the managed transportation and brokerage divisions of Ryder System, Inc , a Fortune 500 Transportation and Logistics company. Prior to CTO, she was Group Director of Southeast Operations for Dedicated Transportation Solutions for Ryder System, Inc.
In today’s turbulent trading environment, strong globaltransportation management capabilities deliver exceptional benefits and value. Massive shifts in supply chains are underway because of trade turmoil increasing the complexity in global supply chain management and related transportation management.
At the same time, a retailer whose product demand drops sharply has less need for transportation capacity and therefore tenders lower volumes to contracted carriers. Visibility to make more-informed decisions. For example, carriers can learn how they compare against others bidding for specific lanes and make informed decisions.
When it comes to managing globaltransportation, having end-to-end visibility of orders, shipments, and other transactions (down to the item level) is a foundational requirement. Traditional transportation management (TM) solutions have been a functional application because that’s how customers have seen the market.
However, if your role is managing the movement of widgets from point A to point B, or multiple points, the freight procurement task before you can be labor intensive and time consuming — unless you use a technology solution specifically designed for transportation sourcing. Freight is unique. Data rules. Relationships matter.
Here are just a few entry points: Distributed and Decentralized Database With a complex and dynamic supply chain management landscape, stakeholders need one harmonized data repository on which to rely for updated information. In other words, stakeholders in a supply chain can react quickly to event information and automate their responses.
Take the transportation management system (TMS) market, for example. In ARC’s last market study on the globaltransportation management market , Chris Cunnane, the study author, made estimates of system integration (SI) revenues as a percentage of total TMS revenues for all software companies in the market. Show Me the Money!
In my previous article on the evolution of transportation management, Driving Value from a Transportation Management Center: Think Global, Act Local , I discussed how transportation best practices were evolving from more rigid, centralized control towers to more flexible and collaborative Transportation Management Centers (TMC).
Historically, many companies treated international transportation separately from domestic transportation, much like they treated inbound separate from outbound. Before diving into the topic, Doug gave some of the highlights of his 27-year career in transportation and logistics – a nearly 3-decade span that started at UPS in 1988.
Maintaining a successful Supply Chain (SC) lies in the ability of shippers, carriers, brokers, and logistics service providers (LSPs) to share information and work together. The use of a globalTransport Management System (TMS) is one way in which companies can achieve this goal.
Managing a global supply chain network requires the ability to manage and control both globaltransportation execution and the associated freight spend. In a constantly shifting and competitive global trading environment, it is increasingly important to control all costs across the entire supply chain.
Real time information. The heart of a control tower is an information hub, supported by technologies, trained teams and processes. Outcomes include increased responsiveness, shorter lead times, reduced transportation costs, and increased flexibility in supply chain operations. End to end data transparency.
In today’s turbulent trading environment, strong globaltransportation management capabilities deliver exceptional benefits and value. Massive shifts in supply chains are underway because of trade turmoil increasing the complexity in global supply chain management and related transportation management.
As Tom Boike, VP of Supplier Management at UPS, put it in a panel discussion, “The difference between old technology and new technology is the network” and its critical role in facilitating information exchange between trading partners. Transportation Analytics. ” The network facilitates info xchange. ” #Bridges2015.
This complexity is certainly evident in global logistics and ocean shipping, where shippers encounter many barriers to enabling a streamlined process, including: Inefficient Processes : A lot of shippers resort to manual processes to procure capacity and communicate shipment details with the many parties involved in ocean movements.
Many companies operating in the United States have achieved an inclusive look into their transportation spend, but unfortunately many companies that do business on a global level have struggled to achieve full freight process management. Understand the true size and scope of globaltransportation networks.
“Logistics in Motion” was the theme of Descartes’ Evolution 2016 Global User & Partner Conference , and it adequately describes the dynamic nature of the logistics industry as well as the company. Enhanced transportation management for more complex planning and tendering requirements. New telematics software and hardware platforms.
In the transportation industry, there are many moving parts that can impact your day-to-day operations. The Market Update, a new monthly post highlighting key factors that impact the transportation industry in North America, will keep you up to speed on the latest news and topics that matter to your business.
Managing global freight is ladened with challenges. Demands on the transportation teams are growing as political posturing ramps up causing rapid disruption to global supply chains. The global TMS functionality necessary to support execution control are: Freight contract management. Milestone exception alerting.
In the transportation industry, there are many moving parts that can impact your day-to-day operations. This month’s Market Update highlights key factors that impact the transportation industry in North America and will keep you up to speed on the latest news and topics that matter to your supply chain and business. Carrier Capacity.
In the transportation industry, there are many moving parts that can impact your day-to-day operations. This month’s Market Update highlights key factors that impact the transportation industry in North America and will keep you up to speed on the latest news and topics that matter to your supply chain and business. Diesel Pricing.
Most importantly, they unlocked global trade. In today’s Information Age, the world’s pace has accelerated. Modes of transportation and communication evolved, culminating today in instant-gratification last-mile/last-touch, in a world of one-hour delivery and online bookings. Freight has not been impervious.
Since the collapse of the housing market and the economy in 2008, the freight transportation industry has managed to claw its way out of a damaging situation and maintain historically low trucking rates. Furthermore, you can prepare for the change by understanding what 3PLs can do to help attempt to maintain lower prices of transportation.
In the transportation industry, there are many moving parts that can impact your day-to-day operations. From monitoring driver shortages to tracking diesel pricing, staying current on the events in transportation means you will be better equipped to make knowledgeable business decisions and drive growth and efficiency into your supply chain.
Oracle Optimizes GlobalTransportation and Trade Compliance Processes. Setback for Uber as European court advised to treat it as transport firm (Reuters). March 2017 Freight Transportation Services Index (TSI). Airbus creates new commercial drone services start-up “Airbus Aerial”.
On the transportation end of supply chains, shippers adapt to the transportation needs at any given time to ensure this part of the supply chain continues as well as possible. This is why transportation network optimization is important. What Is Transportation Network Optimization? Ready Your Data.
That is a question that anyone involved in the global supply chain is asking…sometimes hysterically. Without inbound international transportation, product level visibility organizations are flying blind – or, they are at a minimum, severely visually impaired. carriers ability to transport goods, .
Auditing is one of the least favorite tasks of people in the logistics and transportation industry, even among those who specialize in performing it! Logistics and transportation are extremely complex and have many moving parts (see what we did there…we got jokes!), Freight Audit Benefits.
Supply Chain Matters highlights the increasing realities of declining global trade and freight rates that are occurring in the first-half of 2023. Background Global wide transportation and logistics costs increased at unprecedented rates during 2021 and 2022. All rights reserved.
Many companies operating in the United States have achieved an inclusive look into their transportation spend, but unfortunately many companies that do business on a global level have struggled to achieve full freight process management. Why is that? What are some leading practices?
Globaltransportation is the nexus through which all related international transportationinformation flows. Capturing, aggregating, and analyzing all the global supply chain transportation and product/SKU level detail is foundational to having end-to-end supply chain visibility.
Close collaboration with their international service providers is beneficial as well to ensure they are aware of current globaltransportation conditions that are affected by trade policy decisions. Mollie Bailey, Director, International, Transplace , has more than 20 years of international transportation experience.
The TransRussia exhibition annually attracts the leading transportation experts from Russia, the CIS and the Baltic states. TransRussia is the main platform for discussing the latest issues related to developing the Russian transportation infrastructure. The TransRussia exhibition was launched in 1996. Register now >>
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