GlobalTranz

APRIL 5, 2017

A Peerless Research Group (PRG) report indicated that up to 44 percent of supply chain entities do not actively have plans in pursuing or using a transportation management system (TMS), such as the Cerasis Rater. Approximately 54 percent of companies actively run metrics on inbound freight, but these metrics may be lacking.

Vendor Strategies 123

Vendor Strategies Cost Reduction Strategies Inventory Reduction Logistics 123

ShipBob

JANUARY 6, 2023

That’s where transportation management systems, or TMS, comes in. In this post, we’ll take a closer look at what a transportation management system is, why it’s important, and how you can choose a provider. What is a transportation management system (TMS)? Transportation management systems can perform a variety of functions.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Supply Chain Network Software Forecasting Software 52

GlobalTranz

OCTOBER 21, 2015

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. All KPIS have metrics to measure. Collaboration.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Supply Chain Matters

JUNE 7, 2023

logistics industry continues in a state of recession. Transportation utilization reportedly dipped a hefty 9.5 Consequently, transportation prices reportedly declined 8.9 not only described as a “ significant rate of contraction ,” but also the first time that this particular metric has reached such a low level.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Logistics Material Savings 52

Talking Logistics

JUNE 2, 2016

Today, shippers face increased regulations, unstable market conditions and capacity concerns that make it near impossible for a newly divested company to achieve all of its goals without the expertise and support of a third-party logistics (3PL) provider. Step 2: Leverage a Transitional Service Agreement Wisely.

3PL 100

3PL Optimal Sourcing Modeling Procurement Analytics 100

SCMDOJO

JULY 24, 2023

[Read More: 6 Logistics KPIs Attributes That are Essential ] What is Contract Logistics? Contract logistics is a specialized service offered by third-party logistics (3PL) providers to manage supply chain operations on behalf of a company.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

Unleashed

OCTOBER 6, 2021

Instead, it sends the order directly to a manufacturer or another type of supplier, who then transports the order directly to the customer. In essence, this tells you the most cost-efficient amount to order so your holding and transport costs are in balance. As such, it makes sense to set KPIs for inventory management.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Talking Logistics

MARCH 2, 2016

no metrics, operate in functional silos). We all know that poor supply chain visibility results in lost sales (out-of stocks), higher transportation costs (expedited shipments), excess inventory, reduced customer satisfaction, and damage to brand reputation (among other negative consequences).

North Korea 100

North Korea Supply Chain Visibility Logistics Network Optimization Software Supply Chain Software 100

Zipline Logistics

JANUARY 10, 2023

Andrew Lynch is President and Co-Founder of Zipline Logistics , an award-winning North American 3PL that specializes exclusively in the transportation of retail consumer goods. For CPG brands, the road map to category leadership isn’t shaving pennies off transactional transportation costs. Perform a network analysis.

Supply Chain Software 52

Supply Chain Software Security Supply Chain Strategy Logistics Network Optimization Software 52

Unleashed

MARCH 31, 2021

For many more, this would be too expensive or their supply chain simply isn’t complex enough to warrant such an investment, so they outsource to third parties. These may be known as logistics service providers (LSPs) or third-party logistics (3PL) providers, depending on the context for which they are needed.

Supply Chain Planning Software 69

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 69

GlobalTranz

MARCH 23, 2016

These metrics would, of course, be aligned and are updated every hour. The metrics are also manual as automatic metric systems cannot retrieve the information at an hourly frequency as these metrics are process inputs and not outputs. Specific metrics: process metrics and outcome metrics.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

BlueYonder

MAY 22, 2020

The changes brought about by COVID-19 are challenging third party logistics providers (3PLs) in unprecedented ways. As far as space is concerned, only 3PLs with large networks can afford to redeploy inventory to other locations that is then compounded with potentially higher transport costs.

Cost Reduction Strategies 89

Cost Reduction Strategies Inventory Reduction Optimal Sourcing Procurement Analytics 89

Unleashed

OCTOBER 30, 2023

Procurement and purchasing Before goods can be sold and delivered to customers, they must be produced, acquired, and prepared for sale. Procurement is the process of sourcing the suppliers and service providers that enable you to sell products. This will help to improve supplier relationships.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Procurement Solutions Material Savings 52

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. Another option is to work in a warehouse, or in transport, or maybe in customer service where you are dealing with people all the time. Do you want to be managing people?

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

ShipBob

DECEMBER 13, 2023

By the end of this article, you’ll gain insights into which inventory health indicators you should be monitoring, how to overcome common inventory management hurdles, and see how a third-party logistics provider like ShipBob can help. These metrics provide valuable insights into how well your inventory is managed.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

ThroughPut

APRIL 10, 2020

From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. Evolution of Logistics Management Software. Logistics has, however, come a long way. Mounting transportation costs.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Supply Chain Planning Software Handbook 52

ThroughPut

APRIL 10, 2020

From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. Evolution of Logistics Management Software. Logistics has, however, come a long way. Mounting transportation costs.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Supply Chain Planning Software Handbook 52

ThroughPut

APRIL 10, 2020

From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. Evolution of Logistics Management Software. Logistics has, however, come a long way. Mounting transportation costs.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Supply Chain Planning Software Handbook 52

Unleashed

DECEMBER 21, 2023

Inventory management solutions are the systems and processes designed to effectively oversee the entire lifecycle of your business’s inventory, from procurement and storage to distribution and sales. They include all software, hardware, or third-party services designed to facilitate more efficient inventory management practices.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

Logistics Bureau

DECEMBER 20, 2016

In this case your supply chain service policy will need to support that promise , perhaps by specifying automatic use of expedited last-mile transportation as a response to upstream supply delays. Costs associated with transportation. Procurement costs. Avoid the need for excessive internal transportation.

Inventory Reduction 40

Inventory Reduction Cost Reduction Strategies Price Reduction Waste Reduction 40

FLEXE

JUNE 14, 2018

Assumptions and intuition don’t drive business decisions, quantifiable metrics do. But, to run a successful business, you no longer need to be an expert in fulfillment and logistics. Hiring a third-party logistics (3PL) provider. Selling into a marketplace like Amazon that manages logistics and fulfillment.

Procurement Analytics 34

Procurement Analytics Purchasing Skills Procurement Solutions Resource Reduction 34

FLEXE

JUNE 14, 2018

Assumptions and intuition don’t drive business decisions, quantifiable metrics do. But, to run a successful business, you no longer need to be an expert in fulfillment and logistics. Hiring a third-party logistics (3PL) provider. Selling into a marketplace like Amazon that manages logistics and fulfillment.

Procurement Analytics 34

Procurement Analytics Purchasing Skills Procurement Solutions Resource Reduction 34

GlobalTranz

OCTOBER 19, 2015

Transportation management is no longer a tactical approach to simply moving freight and doing it at the lowest possible cost. 10 Tips to Remain Competitive and Have an Effective Transportation Management Strategy. 10 Tips to Remain Competitive and Have an Effective Transportation Management Strategy.

Transportation Management 120

Transportation Management Resource Reduction Cost Reduction Strategies Optimal Sourcing 120

Talking Logistics

APRIL 7, 2016

One of my supply chain and logistics predictions for this year was that the transportation management system (TMS) market will become more barbell-shaped ( mirroring what is happening in the third-party logistics industry ). We’re seeing the TMS market move in two opposite directions,” I wrote back in December.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Optimization Software Transportation Management 100

The Logistics of Logistics

JUNE 15, 2013

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? Transportation Management Systems. JDA Transportation Manager. How do we streamline our supply operation?”.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Network Software Modeling Software Optimization Software 100

GlobalTranz

AUGUST 9, 2016

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. Transportation takes time.

Waste Reduction 120

Waste Reduction Agile and Lean Supply Chain Cost Reduction Strategies Lean 120

Logistics Bureau

NOVEMBER 27, 2016

Unilever has sustainability at the very heart of its business model, extending all the way through the supply chain from distribution to procurement. The measurements however, are just a means to an end , with the KPI-driven conversations being considered more important than the actual metrics. The Sustainability Drive.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Design Software Gartner 40

SYSPRO Smarter ERP

MARCH 14, 2022

It’s important to set measurable metrics to determine the success of these campaigns. Transportation: This is another enormous cost, and many manufacturers have tried to reduce it by utilizing third-party logistics companies. Typically, these high-impact areas are: Procurement. Production. Promotions.

Manufacturing Procurement 105

Manufacturing Procurement Cost Reduction Strategies Material Savings Beverage 105

GlobalTranz

NOVEMBER 17, 2016

Raw material suppliers and logistics. Transportation modes used in procurement and shipping. This is actually where the concept of third-party Logistics providers involved. appeared first on Transportation Management Company | Cerasis. Distribution of goods prior to purchase. Demand fluctuations.

Supply Chain Design Software 120

Supply Chain Design Software Big Data Supply Chain Software Continuous Improvement 120

Unleashed

JUNE 23, 2021

More widespread third-party logistics. This means faster shipping times, and lower transport costs. More widespread third-party logistics. Read more: The 10 Procurement Metrics that Matter in 2021. 10 inventory management for 2022: 1. Cloud technology accelerates. Inventory forecasting.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

GlobalTranz

JUNE 2, 2016

Like we like to say, if all parties don't win, why is their a relationship? Procurement can have a supplier embedded in their location as well. It is believed that a new model for many outsourced relationships is needed that involves a more strategic approach if shippers want to drive out more logistics costs.

3PL 120

3PL Manufacturing Procurement Optimal Sourcing Resource Reduction 120

Unleashed

APRIL 12, 2023

Here are some more differences between B2B and B2C fulfillment: B2B orders cost more to ship, can take longer to reach their destination, and may require specialized handling equipment for loading onto dedicated freight transporters. B2B procurement contracts can last for prolonged periods and be worth millions of dollars.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Management Software Supply Chain Design Software Supply Chain Software 52

SCMDOJO

MARCH 19, 2024

There are different approaches, and the topics might include the following: logistics transportation inventory management procurement sustainability regulations Remember, any content has to be of value to the target audience; therefore, the information it contains must be up to date and have special significance to be informative.

Supply Chain Visibility 76

Supply Chain Visibility Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 76

GlobalTranz

FEBRUARY 10, 2017

2017 will not be a bed of roses for third party logistics service providers, nor will the coming year be filled with thorns in the sides of major supply chain entities. Third Party Logistics Service Providers Will Push the Boundaries of Digitization. Remember the Amazon Barbell? What Does It Mean?

Third Party Logistics 120

Third Party Logistics Logistics Network Optimization Software Procurement Analytics Purchasing Skills 120

6 River Systems

DECEMBER 11, 2018

Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts. ” — 7 Metrics You Need to Streamline Your Warehousing Processes , Aero Fulfillment; Twitter: @AeroFulfillment. Your customers also require attention.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

6 River Systems

JULY 25, 2019

As if this wasn’t enough, transportation costs are rising and forcing companies to constantly adjust and optimize. In the meantime, companies need to make sure they have the most talented negotiators and leaders heading up their procurement and supply chain functions. They are multi-national and do $3.5B/year.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96

Talking Logistics

DECEMBER 20, 2017

If they actually follow through on their promise and oil prices continue to rise next year, how will transportation, inventory, and sourcing policy decisions change in response? However, competing on customer experience without taking a financially-disciplined and informed approach can be a recipe for failure.

Predictive Analytics Software 92

Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 92