Experts Choice Of Top Online Logistics Resources

Freightos

The Experts’ Choice of the Top Online Logistics Resources. Transport Intelligence, the well-respected U.K. Transport Topics. With over 60,000 monthly viewers, Transport Topics is a prime destination for freight buffs, especially those who specialize in trucking. American Journal of Transportation. With a circulation of over 30,000, AJOT has been keeping transportation industry managers up to date with the news since 1919. Air Transport World.

[PODCAST] Inventory Forecasting Lessons for Improved Supply Chain Network Optimization

Cerasis

Listen to “Inventory Forecasting Lessons for Improved Supply Chain Network Optimization” on Spreaker. Supply Chain Resources to Download The Supply Chain Trends to Know in 2020 Download White Paper Why Blockchain will Create Extreme Supply Chain Management Optimization Download White Paper Revenue Growth At The Hand Of Improved Digital Supply Chains Download White Paper The.read More. Inventory Management Podcast Supply Chain Inventory Forecasting

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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? Flow: Understand how inventory flows in your warehouse and apply Lean principle: 5S to clear any obstacles that do not add up.

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Inventory Management

LeanCor

Inventory management, network infrastructure, and labor deployment are all critical components necessary to meet this intense customer demand. Inventory Management Strategy. If we’re going to get inventory into consumer hands the same day they place the order, the inventory has to be 1) available and 2) less than 8 hours away. This requires us to push the boundaries of current inventory management practices, or hold lots of inventory network-wide.

[PODCAST] The Role of Supply Chain Technology for More Effective Inventory & Warehouse Management

Cerasis

Listen to “The Role of Supply Chain Technology for More Effective Inventory & Warehouse Management” on Spreaker. Supply Chain Technology Downloadable Resources Why Blockchain will Create Extreme Supply Chain Management Optimization Download White Paper A Guide to Maximize the Use of TMS Download White Paper The Digital Supply Chain: The Landscape, Trends, Types, and the.read More. Inventory Management Podcast Supply Chain Technology Warehouse supply chain technolog

What is Material Requirements Planning and Material Resource Planning Software

OptiProERP

Recognizing that labor and machines also were key requirements for achieving a plan, MRP II (manufacturing resource planning), extended the idea of production requirements to include the number of labor and machine hours needed in the factory. What is Manufacturing Resource Planning (MRP II) Software? The completely integrated planning and control system is called manufacturing resource planning, or MRP II. The primary benefits of MRP software are: Inventory reduction.

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.

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

Cerasis

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. As a result, shippers must understand the transportation management challenges in e-commerce. Keep customers informed of available inventory.

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.

Predictability in a Time of Uncertainty: Machine Learning in Logistics

Logistics Viewpoints

Machine learning (ML) techniques can be applied to provide more accurate transit information and estimated arrival times (ETAs) by analyzing the historical shipment data in your transportation management systems. Companies are able to allocate resources more efficiently.

Inventory Management in Manufacturing Environment

LeanCor

Firms today are beginning to understand more and more that high levels of inventory aren’t just detrimental to costs but also for hiding other potential issues. Inventory management starts with lean buying and planning tactics as well as streamlined inventory management standard processes for material handling and planning. The beginning stage of inventory management doesn’t begin at the dock door rather it begins with the supplier. By: David Sherman.

Visibility in Transportation Management Leads to Supply Chain Excellence

Talking Logistics

If you’re not able to clearly see, examine, impact and manage every aspect of your supply chain and inventory processes – order status, shipments, in-transit goods, trade documents, costs, exceptions and more – you might as well be operating with blinders on. Gaining end-to-end visibility across your transportation processes delivers: $32.00 Site resources are optimized with carrier appointments.

[PODCAST] Why Digital Tools to Optimize Inventory Management Allows Supply Chain Execs to Stay More Strategic at Every Link in the Supply Chain

Cerasis

On today’s episode, we welcome Margaret Bendis, US Marketing Specialist for a company called EazyStock a cloud-based software-as-a-solution (SaaS) that optimizes inventory management. How sound inventory management improves the supply chain, and what are the adverse impacts to the supply chain due to poor inventory management. What is the future of digitization as it relates to inventory management. Inventory Management Logistics Podcast Supply Chain

Top 5 Ways Inventory Tracking Technology Is Evolving

Cerasis

Inventory tracking is among the top areas most impacted by omnichannel supply chain strategies, and consumer spending habits are forcing inventory tracking technology to evolve, making sure consumers can get the products they want, through the media and channels they want, and at the prices they want. However, inventory tracking technology is evolving, and your company needs to understand how it will promote omnichannel shopping strategies.

5 Global Transportation Themes to Look Out for in 2015

Talking Logistics

Two major shifts are changing the face of global transportation 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 global transportation management is broadening and expanding well beyond the traditional TMS scope. Transport optimization typically reduces spend by 5-15%. The connecting element is the availability of transport details and accurate data.

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. Image Source) There are different modes of transportation.

4 Benefits Shippers Realize when Transportation EDI is Utilized in a TMS

Cerasis

As a shipper in today’s growing market, there are many advantages to shifting to the use of transportation EDI with your transportation providers or 3PLs. If you are unfamiliar with the concept of EDI, read our first post in this series on what is EDI in transportation and how it works , but as a quick recap, essentially, EDI takes human interaction out of the equation completely, and lets technology take over.

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.

Real-Time Inventory Management: 5 Ways Advanced Computer Analytics Will Transform Traditional Inventory Management

Cerasis

Manufacturers have always struggled to obtain the most accurate inventory levels possible. A need for real-time inventory management has arisen, but until now, we didn't have a way to make it a reality. In our predictions’ blog post from earlier this year, we noted how customization will begin to replace traditional inventory management, and essentially, customization goes back to using computer analytics to generate a more accurate, successful view of inventory management.

Preventing 3 Common Inventory Control Issues

Unleashed

For large corporations or SMEs, correctly managing your inventory stock is imperative to achieving an efficient, sustainable and profitable business. Inventory control , however, brings with it many issues but with the right tools, some of the common ones are easily managed. Problems include product stockouts that result in lost sales opportunities and unhappy customers and product spoilage or dead inventory stock which will incur unnecessary costs and tie up storage space.

Greater Supply Chain Savings Thanks to Transportation Management

Cerasis

Therefore, more companies have partnered with third-party logistics providers ( 3PLs ) to achieve greater supply chain savings and presence in such markets through enhanced transportation management systems ( TMSs ). To maintain your role in the global market, you need to understand how 3PLs contribute to an improve transportation networks. Greater Supply Chain Savings Thanks to Transportation Management. Why Do Supply Chains Need Transportation Management?

Why Reverse Logistics Systems and Transportation Management Should Be Considered Together

Cerasis

Successful reverse logistics systems and programs significantly increase customer satisfaction, decreases necessary allocations storage, energy, and other resources. Companies that integrate reverse logistics systems into their logistics systems distinguish themselves from competitors in: effective management of inventory availability and cost. In the interest of both, businesses are increasingly tying reverse logistical operations to transportation management as a natural fit.

New online insight hub revealed to increase intelligence resources for supply chain decision makers

EFT

The Insight Hub doesn’t just give us an opportunity, for the first time, to house all this industry leading content in one place, it also gives us the scope, resources and platform to create, commission and curate a far broader collection of business-critical intelligence than ever before. Even when they are restarted, often transportation systems are not ready to support them.

Best Tip Ever: CPG Can Use JIT Transportation

PLS Logistics

Transportation is vital to CPG operations. In fact, in a recent study , 83% of supply chain leaders in the CPG industry say transportation is their top concern. The CPG supply chain has become more complex and consumer demands are driving the need for transportation efficiency. In 2013, 6% of supply chain leaders said redesigning their transportation network was a concern. Transportation Solutions CPG Transportation Rates JIT

[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.

Where Do the Savings from Managed Transportation Services Come From?

Talking Logistics

Managed transportation service providers work to deliver transportation solutions to maximize service at the lowest cost through people, process, and technology. The people” is defined as a team of logistics experts collaborating together to provide customers supply chain value on a daily basis — saving time and resources internally. Freight consolidation is a key area where transportation costs can be reduced.

Transportation Management System ROI: What Other Business Areas Can Benefit?

Cerasis

Unless your organization has been absent from the takeover of TMS in the conversations of online and print media, you have likely encountered plenty of reasons why a transportation management system (TMS) benefits shippers. Let’s take a closer look at how Transportation Management System ROI actively strengthens supply chains. Transportation Management System ROI: What Other Business Areas Can Benefit? appeared first on Transportation Management Company | Cerasis.

Getting Inventory Right: Hope with Hype and Recycled Software?

Supply Chain Shaman

In parallel, I have been hard at work on a report on multi-tier inventory optimization for the last two weeks. In the research for my inventory optimization report, the lowest level of satisfaction with multi-tier inventory optimization is with clients of the SAP inventory solution (previously purchased from SmartOps). I believe that this is a move to get more serious about inventory optimization and building enterprise-class solutions. It is morning in Orlando.

How To Choose Transportation Mode In Logistics

Abivin

Transportation is an integral part of Logistics. In logistics, transportation can be defined as a function of planning, scheduling and controlling activities related to mode, vendor, and movement of inventory into and out of an organization. A traffic manager must decide whether the shipper should own and operate its own transportation fleet or utilize for-hire carriers. Commodities can be transported by land, air, water and pipeline.

How AI and the IoT Can Change Transportation Management

Cerasis

The percentage increase describes consumer applications, but the idea of connected vehicles should garner interest from other sectors such as shipping, logistics, and transportation. Leaders in these industries would be wise to plan for a future where AI and the IoT transform transportation management. It acts as the driver, helping the connected ‘thing,’ which could be a vehicle or inventory system, make smarter decisions.”.

Warehouse Cost Reductions: 3 Understandings Driven By Inventory Management & Lean Principles

Cerasis

Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well. A Focus on Inventory Control Begets Warehouse Cost Reductions. First, look at inventory as MONEY/CASH. Inventory cost is defined as the cost of holding goods in stock. If you are looking for warehouse cost reductions, chances are you are stocking too much inventory. Understand Data Integrity to Reduce Inventory Costs.

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Using Lean to Manage Inventory!

Supply Chain Game Changer

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? Pull (Lean principle: Kanban) : Move inventory only when requested by a customer. Subscribe Here! Email Address.

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7 Core Competencies for Optimizing Global Transportation and Freight Spend

3rdwave

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. While global freight cost varies significantly by industry and transportation mode, it is a major cost component of internationally sourced products. Best-in-class global transportation is based on command and control competencies that create flexible and resilient transportation capabilities.

Transportation in 2019 and Beyond: Key Factors Impacting Supply and Demand

Talking Logistics

As we begin 2019, what are the key lessons learned from last year, and what trends and factors should shippers keep an eye on to make sure they’re able to respond effectively to whatever happens in the transportation market in the weeks and months ahead? A “new normal” in transportation? A strong economy in late 2017 through to late 2018 drove demand to outstrip supply for transportation across truckload, LTL and intermodal, with shippers shopping across modes to cover loads.

Navigating inventory through the eye of the COVID storm

EFT

This might be diversifying locations for holding stock, production facilities or modes of transport, or all of the above, as COVID-19 has shown that there are significant costs and complications to suddenly being over-reliant on any one link in the supply chain.

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