Remove Industrial Remove Inventory Remove Logistics Remove Transportation

Improving the Transportation Solve: Jointly Optimizing across Inventory and Transportation

Logistics Viewpoints

They can buy and implement a transportation management system (TMS). Or they can outsource transportation planning and execution to a 3PL that provides managed transportation services (MTS). Food & Beverage Industry Inventory Management Logistics Outsourcing Supply Chain Optimization Transportation Management Systems inventory Mananged Transportation optimization TMS

Transportation Trends: What’s Going on in the Trucking Industry?

PINC

Here are the top trucking trends that all shippers should be aware of, according to The American Transportation Research Institute. Coming into 2019, issues like the tariff wars, driver shortage, and rising freight rates were high on transportation managers’ radar screens. A perennial top industry issue, the driver shortage ranked as the industry’s top concern for the second consecutive year in 2018, according to ATRI. Terrill Transportation Inc.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

The 7 Trends Shaping The Future of the Logistics Industry

Cerasis

Logistics industry trends have also not been left behind in the move towards a more technological future. . 7 Major Trends Influencing the Logistics Industry in the Future . It is now the standard to go ‘international, ’ and logistic solution providers have a role to play in enabling this trend through a transportation network. . In the past, the logistics industry’s growth was driven by Asia to Europe and Asia to North America exports.

Trends 235

Vendor-managed inventory and distribution planning in the food and beverage industry – here’s something to chew on

Kinaxis

by Jeswin Philip The Food Packaging Trends and Advances report from PMMI forecasts that the US Food and Beverage industry will experience a 2.9 % CAGR through 2022. The report also mentions that the global growth rate is almost double that of the US food industry. As with any industry, food and beverage faces its own unique set of supply chain challenges, including: Expiring ingredients, manufactured product and packaged goods. What is vendor-managed inventory?

Lean Inventory: Using Lean Initiatives To Manage Inventory

Cerasis

What is Lean Inventory Management? More firms are implementing lean inventory management techniques to reduce costs, improve flexibility and have more time to focus on their customers. Lean supply chain and inventory management enable Small Medium Businesses (SMB) to improve efficiency and increase profits. What is Lean Inventory Management? Over the years, the concept has been modified and applied to nearly all industries. Supply Chain lean inventory

Lean 263

How Does Transportation Affect Logistics?

Abivin

Transportation is an inseparable component of logistics. While the sights of trucks and trains carrying products of a company or parked at a business facility are common, few people understand how much the economy depends on economic and reliable transport. What is transportation? Transportation is one of the largest industries in the world. Transportation is a key element in the logistic chain.

11 Inventory Management Best Practices

Supply Chain Game Changer

Featuring Our 10 Best Inventory Management Articles! Inventory Management Best Practices article originally published by, and permission to publish here provided by, Dave Joseph at veridian.info. Supply chain leaders are continuously looking for ways to improve inventory management, and the role of technology in the supply chain offers significant advantages. Use ABC Analysis to Categorize Your Inventory. Recognize the Relationship Between Sales and Inventory.

[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. You can download our first e-Book, "The Future Of Supply Chain, Logistics & Manufacturing: How Technology Is Transforming Industries" here. Transportation management is no longer a tactical approach to simply moving freight and doing it at the lowest possible cost.

Use of Blockchain in Supply Chain & Logistics: Looking to Examples Across Industries for Better Understanding

Cerasis

Even JP Morgan, Microsoft, and Google, reports Jonathan Chester of Forbes , are working to increase blockchain development and innovation, and supply chain leaders need to understand how the use of blockchain in supply chain and logistics will bring about lasting change and improvements in efficiency. Blockchain is entering a phase of development that will affect every aspect of supply chain and logistics management, ranging from procurement to forward logistics and beyond.

Re-valuating The Supply Chain: Transportation Execution Driven By Innovation In Uncertain Times.

PINC

As markets demand not only efficiency but agility and adaptability from supply chains in our current reality, supply chain executives have been heavily investing in automated execution and real-time visibility technologies to continue moving inventory and delivering on customer expectations.

What’s the ROI Of Transport and Logistics Providers & A TMS?

Cerasis

Much talk about sales, automation and improved processes dominate the conversation when considering outsourcing logistics processes to a transport and logistics providers or using a 3PL-based transportation management system (TMS). Often, the transport and logistics providers' reps claim initial returns may be as high as 25 percent, if not greater. In reality, the actual savings and return tend to be closer to 10 percent, reports Inbound Logistics.

Utilizing a 3PL to Apply Transportation Management Best Practices For E-Commerce

Cerasis

E-commerce is expanding to reach $1 trillion by 2025, and demand for more products and services among the world’s shippers is keeping third-party logistics providers, like Cerasis, on their toes. Transportation Management Challenges in E-Commerce Although e-commerce represents an excellent opportunity for shippers, it results in the creation of additional challenges in managing freight spend and moving products. Benchmark existing freight spend and use of transportation modes.

Talking Logistics: PINC and project44 Partnership Commentary

PINC

PINC and project44 announced a partnership this week that “aims to empower industry-leading shippers and carriers with end to end real-time shipment visibility and yard management automation capabilities for an enhanced supply chain experience.” By Adrian Gonzalez.

A Year Without Oktoberfest, Yet New Opportunities Exist in the Beer Industry

DELMIA Quintiq

The cancellation of this year’s Oktoberfest is another blow to a beleaguered beer industry that’s still reeling from the effects of the global health crisis.

How the IoT Platform Fixes Problems in Today’s Logistics Industry

Cerasis

While logistics and manufacturing have grown exponentially, problems have become more complicated. Regardless of where you sit to view the logistics industry, problems are becoming more evident. Global Logistics Will Evolve With the IoT Platform. Twin private-sector and public-sector resources and use of the IoT, the value of the IoT platform grew to more than $8 trillion by 2014, reports the Cisco and DHL publication, the Internet of Things in Logistics.

Inventory Optimization 101 – Smart & Effective Inventory Management

ThroughPut

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. It includes the practice of having the right levels of inventory to meet your target service levels while keeping a minimum amount of capital locked for inventory.

Inventory Optimization 101 – Smart & Effective Inventory Management

ThroughPut

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. It includes the practice of having the right levels of inventory to meet your target service levels while keeping a minimum amount of capital locked for inventory.

The 11 Transportation Service Offerings

The Logistics of Logistics

There are 11 transportation service offerings. Last summer, Inbound Logistics published a list of different 3PLs and their services. The article listed 11 different types of transportation services and I decided to write an overview of those 11 transportation service offerings described in the article. Transportation Service Offering 1 – Small Package. Transportation Service Offering 2 – Air Cargo. Transportation Service Offering 3 – Ocean.

Editor’s Choice: Retailers: Is Your Transportation Strategy Ready for Peak Season?

Logistics Viewpoints

Peak season is always stressful for the retail industry, but the COVID-19 pandemic could create more issues than usual. The post Editor’s Choice: Retailers: Is Your Transportation Strategy Ready for Peak Season? appeared first on Logistics Viewpoints. Inventory Management Logistics Trends Omni-channel logistics Retail Transportation Management Systems COVID-19 peak season

Lean Transportation: Are you Using Lean Thinking for Transportation Management? If not, Why?

Cerasis

For shippers, culture and behavior have to change to apply Lean Transportation thinking. The “Them (company leadership) versus Us (shop floor associates)” mentality also needs to change for Lean Transportation to " WE. The 8 Rights To Achieve Lean Transportation Practices. The are the 8 Rights of Lean Transportation thinking: Right Materials, Right Quantity, Right time, Right Place, Right Source, Right Price, Right Quantity, and. Transportation takes time.

Lean 179

Transportation Cost Drains

The Logistics of Logistics

Transportation expense can cost 5%-10% of gross revenue and will be going up if not managed effectively.” Transportation cost drains drive up costs. Many companies are experiencing dramatic increases in transportation expense that have turned into cash and quality drains for their organization. Savvy financial managers know transportation cost can cost 5%-10% of gross revenue and will be going up if not managed effectively.

Electronic Data Interchange or EDI in Transportation: Breaking Down What it is and How It Works

Cerasis

Today begins our series about electronic data interchange or EDI in transportation. We take pride at Cerasis, as a third party logistics company who has developed a proprietary web-based transportation management system , to offer technology solutions to our shippers so they may remain as efficient as possible and have access to information at their fingertips. Let’s back up a bit before we specifically address EDI in transportation. EDI In Transportation.

Why This Holiday Season is Creating Winners and Losers in the Transportation Industry

The Network Effect

There is an excellent piece in today’s WSJ on how retailers’ changing inventory management strategies are affecting the fortunes logistics and transportation companies. The answer mainly lies in new real time inventory management programs that major retailers are implementing: A large piece of the disconnect between freight and small parcel stems from currently high inventory levels, which retailers think they can sell off online come December.

5 Examples of How COVID-19 Made Shipment Monitoring a “Must-Have” in the Industry

Roambee

Up until now, investing in shipment tracking solutions was like buying travel insurance - it was usually purchased in the last step of the transportation contracting process. The following are real industry examples of why they are looking at visibility as the “air ticket” itself and not just as “insurance;” a switch from “nice-to-have” to “must-have.”

The 9 Key Considerations of an Effective Last Mile Logistics Strategy

Cerasis

Understanding last mile logistics is only half the battle. Shippers need to reevaluate their existing last mile logistics processes and devise an effective last mile logistics strategy that aligns consumer and business expectation. In fact, an effective last mile logistics strategy must consider these nine key points. Planning Is Essential To Have an Effective Last Mile Logistics Strategy. Logistics

Supply Chain and Logistics Predictions for 2016

Talking Logistics

Google did not acquire a third-party logistics (3PL) company or a logistics software vendor. For example, 3PLs and software vendors did pay more attention to serving the needs of small and mid-sized businesses (SMBs) and companies in the Energy and Process Industries (see TMS for SMB: Breaking Down the Barriers , Oil & Gas Companies Focus on Eliminating Supply Chain Waste , and Collaboration and Optimization in the Oil & Gas Industry ).

Supply Chain Leadership Driving Industry 4.0 & Resilience During Crisis – LogiSYM July 2020

The Logistics & Supply Chain Management Society

Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. Relying on our experience in the industry and academic field, it is worth to say that if everything is urgent, nothing is urgent! Industry 4.0. Industry 4.0

3PL Basics: The 11 Transportation Services with Jeremy Thone

The Logistics of Logistics

3PL Basics: The 11 Transportation Services with Jeremy Thone. Joe Lynch and Jeremy Thone discuss the 3PL basics: the 11 transportation services provided by 3rd party logistics providers. BrokerWare is a transportation management system (TMS) for Non-Asset Based Freight Brokers.

3PL 85

Airport logistics and the concurrent planning truth behind baggage handling

Kinaxis

As a self-identified traveler I am in love with airports and airport logistics. Airport Operations Management is an industry on its own that employs around 1.2 If not planned efficiently, it could cost the industry billions of dollars and create a high level of inconvenience for passengers. Just like any other industry, Airport Operations Management is improving with the help of technological innovations so that current challenges can be tackled. by Ilyas Kucukcay.

Improving inventory management

EFT

What’s more plenty on the retail side have found themselves with held inventory but it suddenly locked away in stores that people could no longer frequent, browse and shop from. In his opinion the way you do that is “By putting inventory close to customers.

Transportation, Planning, and Omni-Channel Fulfillment

Talking Logistics

But when PwC asked CEOs in a recent survey ( Global Retail and Consumer Goods CEO Survey: The Omni-Channel Fulfillment Imperative ) what areas most needed their additional attention to achieve omni-channel fulfillment, 88 percent said it is their transportation and logistics operations. Transportation is an Afterthought. Even more surprising, 31 percent have no transportation optimization capabilities, or use only faxes and phone calls for this purpose.

Optimizing logistics: One wild ride

DELMIA Quintiq

In logistics, everyone has a plan. Some logistics professionals, though, ride the supply chain like a bucking bronco – hanging on for dear life, taking different twists and turns to avoid potential disaster when something goes wrong, and being proud that they made it through another day. Not if you are able to respond to the challenges in the industry today: Oversimplification. Inventory is not in its optimal state, but everyone is simply too busy to be moving goods around.

The Benefits of Evolved Vendor Managed Inventory Model Led by Web-Based VMI

Cerasis

Editor’s Note: Cerasis is a 3PL focused on transportation management. So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Inventory is then put on pallets and shipped as freight. Each blog post written is distributed into groups that reach the supply chain community as well as professionals in manufacturing, transportation, distribution, and more.

Is Inventory Optimization a Key to Omnichannel Survival?

ToolsGroup

Industry analysts have pointed out an obvious fit with inventory optimization. If retailers optimize their inventory—dynamically aligning their supply chains to changing customer preferences and behavior—they can position inventory to satisfy demand at the lowest possible cost. These analytics flow to the software's multi-echelon inventory optimization component to place the inventory by location and SKU—favoring the DC location for predicted online demand.

Healthcare Logistics

LeanCor

Healthcare Logistics: A Network Design Case Study. 23 million dollars in total healthcare logistics cost savings; how would that make you feel? The healthcare industry is embracing lean concepts to increase efficiency and decrease costs. Executives are utilizing supply chain consulting to diagnose areas for improvement and develop a plan to end supply chain pain within the healthcare industry. Improved service levels with overall inventory reduction.