Logistics Viewpoints

JUNE 26, 2023

The second goal was to work with a fourth party logistics (4PL) partner that had invested in cutting-edge transportation management and visibility solutions. A 4PL is a company that plans and executes transportation on behalf of their customers. The company chose 4Flow to do transportation planning and execution in Europe.

Supply Chain Planning Software 207

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 207

Talking Logistics

AUGUST 13, 2018

“The second question we get is what strategies can we implement to lower our transportation costs. We do strategic carrier sourcing and contract negotiation, but it isn’t always time to renegotiate your contracts. One area that can quickly yield benefits is in parcel shipping. So, what can you do outside that cycle?”.

Negotiating Skills 103

Negotiating Skills Optimal Sourcing Optimization Software Price Mitigation Strategies 103

3rdwave

NOVEMBER 8, 2018

In today’s turbulent trading environment, strong global transportation management capabilities deliver exceptional benefits and value. In 2014, a Supply Chain Council survey found that managing global supply chain complexity was among the top 5 major issues. 3 value reasons why you should consider acquiring a global TMS.

Supply Chain Design Software 41

Supply Chain Design Software Global Transportation Supply Chain Planning Software Optimization Software 41

GlobalTranz

OCTOBER 10, 2017

Using technology to improve last mile metrics is essential to driving last mile costs down, but how do shippers know if the technology is helping or hurting? Essentially, shippers need to track these 11 metrics. On-Time Deliveries Are King of Last Mile Metrics. Fuel Consumption Rates. Planned Versus Actual Mileage.

Metrics 153

Metrics Cost Reduction Strategies Logistics Network Optimization Software Waste Reduction 153

GlobalTranz

NOVEMBER 19, 2015

Today we continue our long series and look at teaching shippers how to remain strategic when it comes to logistics and their transportation management program. The Use of Data to Create a Successful Transportation Management Program. This is where metrics becomes necessary for the analysis and monitoring of data.

Transportation Management 120

Transportation Management Transportation Sourcing Strategies Data 120

GlobalTranz

NOVEMBER 19, 2018

On the other hand, only 8 percent of companies that were rated by their executives as less than significantly above average on supply chain-related metrics have the same performance. Without a doubt, managing supply chain is nothing but easy. The same could be said about natural disasters. These disruptions included the following.

Supply Chain Risk Management 189

Supply Chain Risk Management Risk Management Supply Chain Design Supply Chain Planning 189

GlobalTranz

APRIL 12, 2017

Unlike the heart, however, your routing guide needs to be continually updated to reflect the most relevant changes in carrier preferences, stipulations for compliance violations and detailed instructions on how to handle different shipping circumstances. Make It Verifiable, and Use Cross-Checking Matrices.

Vendor Strategies 121

Vendor Strategies Cost Reduction Strategies Price Reduction Modeling Software 121

Talking Logistics

AUGUST 20, 2018

Source: “Competing on Customer Experience: The Driving Force Behind Supply Chain Innovation,” Adelante SCM & BluJay Solutions, August 2018. Source: “Competing on Customer Experience: The Driving Force Behind Supply Chain Innovation,” Adelante SCM & BluJay Solutions, August 2018. and 51.5%, respectively). Absolutely.

Innovation 100

Innovation Company Cost Reduction Strategies Logistics Network Optimization Software 100

Unleashed

AUGUST 20, 2023

In a survey of 1,000 organisations, 74% of respondents in the US reported delays in shipping and longer lead times during the coronavirus pandemic. Lead time is a vital business metric that directly impacts customer satisfaction, workflow efficiency, and delivery time accuracy. Let’s break down the most common ones.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

Supply Chain Shaman

JUNE 6, 2013

Closing the gaps happens when there are aligned metrics, clarity of vision and aligned planning processes. It combines decisions across sell, deliver, make and source processes to drive value based outcomes. Metrics Alignment. Most companies operate well within functions, but struggle to build strong horizontal processes.

Supply Chain Planning Software 281

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 281

GlobalTranz

FEBRUARY 6, 2017

Moreover, customers can make purchases online and have them shipped to the store or their home. However, newer management systems, such as a comprehensive transportation management system (TMS) that integrates warehouse management with transportation management, are starting to offer more accessibility and personalization options.

Supply Chain Planning Software 120

Supply Chain Planning Software Procurement Analytics Manufacturing Procurement Trends 120

GlobalTranz

AUGUST 25, 2015

Freight costs are eminently controllable, however, efficiently managing this major budget item requires expertise. In the complex world of modern transportation, companies lacking the experience to professionally handle the intricacies of transportation management are sure to find controlling shipping costs an extreme challenge.

Negotiating Skills 120

Negotiating Skills Cost Reduction Strategies Transportation Management Resource Reduction 120

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.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

ThroughPut

DECEMBER 6, 2023

When companies leverage data from various sources such as sales history, market trends, and external factors, predictive analytics paired with supply chain intelligence provide valuable insights that enable better decision-making and proactive planning – like never before.

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

Talking Logistics

APRIL 12, 2017

These companies have all achieved significant benefits from using Descartes’ mobile applications, but getting there required some change management (i.e., getting buy-in from drivers and other stakeholders) and implementing appropriate metrics to measure and drive performance.).

Supply Chain Planning Software 115

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Supply Chain Network Software 115

Supply Chain Shaman

MAY 13, 2015

I knew nothing about the world of logistics, inventory management and order optimization. Warehouse Management and Transportation Management were in their infancy. Much to my chagrin, when I entered into the world of supply chain, the processes of source, make and deliver were usually not designed.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Agile and Lean Supply Chain 150

Zipline Logistics

FEBRUARY 9, 2021

Logistics data refers to the metrics used to track, measure, and benchmark parts of your supply chain’s performance. Total Transportation Spend. It can also free up valuable time, allowing shippers to work on an exception management basis and eliminate some of the minutiae of transportation management.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Performance Supply Chain Planning Software Cost Reduction Strategies 52

TMC

JANUARY 14, 2016

It’s a common pitfall at a time when the number of data sources and data points seem to be growing exponentially. In effect, data overload blunts your ability to take advantage of the tremendous analytical power offered by advanced transportation management system (TMS) solutions. Functional misalignment. Lack of understanding.

Analysis 54

Analysis Analytics Software Supply Chain Planning Software Sourcing Strategies 54

TMC

SEPTEMBER 1, 2016

It’s a common pitfall at a time when the number of data sources and data points seem to be growing exponentially. In effect, data overload blunts your ability to take advantage of the tremendous analytical power offered by advanced transportation management system (TMS) solutions. Functional misalignment. Lack of understanding.

Analysis 48

Analysis Analytics Software Sourcing Strategies Supply Chain Planning Software 48

Intelligent Audit

FEBRUARY 3, 2022

But that value could be significantly higher with expert-guided help in managing invoicing and payment. Freight bill auditing service providers help shippers determine the cost of shipping services and what to pay for those services. . Get better deals on shipping rates.

Freight 52

Freight Material Savings Resource Reduction Cost Reduction Strategies 52

IQMS

OCTOBER 18, 2019

Key factors influencing inventory levels, supplier quality, demand forecasting, procure-to-pay, order-to-cash, production planning, transportation management and more are becoming known for the first time. New knowledge and insights from machine learning are revolutionizing supply chain management as a result. no opt-in).

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 73

ShipBob

OCTOBER 1, 2021

As long as you are tracking the right metrics, data reveals where you can eliminate waste within your supply chain. ShipBob has multiple fulfillment centers in the US, one in Canada, one in the EU, and one in the UK, and all locations filter back into one centralized warehouse management system. Data-driven decision-making.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

QAD

FEBRUARY 26, 2019

Belgium is bordered by France, Germany, Luxembourg and Netherlands, and has a robust shipping infrastructure including multiple ports, making it a perfect location for trade both within the EU and with other geographic regions. billion metric tons of goods in 2015. The country is about the size of the U.S. Manufacturing in Belgium.

Belgium 66

Belgium Manufacturing Procurement Netherlands France 66

Intelligent Audit

NOVEMBER 5, 2021

In recent years, shipping GRIs among carriers tend to be around 3% to 5% each year. This average shipping rate increase index is a reflection of how carriers look to balance demand with capacity, but it’s not always the same. Fifteen actionable steps that mitigate higher shipping rates’ impact.

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Inventory Reduction Material Savings 52

BlueYonder

OCTOBER 9, 2023

Drought conditions at the Panama Canal are not a good match for its high water demands; it takes at least 50 million gallons of water , with some sources citing much more, to move a single ship through the 51-mile waterway. Under normal operating conditions, the Panama Canal handles 36 to 38 ships per day. This year, the U.S.

Optimal Sourcing 88

Optimal Sourcing Modeling Optimization Software Supply Chain Optimization 88

GlobalTranz

MARCH 24, 2015

Editor’s Note: This post is a slightly modified guest post from Ahern & Associates , a transportation management consultancy. For shippers, popular metrics that shippers benchmark year over year that are often benchmarked, but don’t have reliable enough industry wide data are: Freight cost per unit shipped.

Benchmarking 120

Benchmarking Purchasing Skills Analysis Cost Reduction Strategies 120

GlobalTranz

MAY 4, 2016

In modern manufacturing and transportation, savings are everything. Nearly every company offers some sort of discounted shipping plan for large purchase orders, and more customers are demanding faster delivery at a reduced rate. Freight Management KPIs are undoubtedly the most important metrics to track and understand.

Freight 120

Freight Procurement Analytics Sourcing Strategies Cost Reduction Strategies 120

Talking Logistics

JUNE 7, 2017

container carriers) can partner in our industry: Slot Charter Agreements: When a shipping company buys a certain number of slots from another carrier. Partners within a shipping consortium agree to operate liner services along a specified route using a specified number of vessels. These alliances are: Source: Transplace.

Pricing Training 101

Pricing Training Negotiating Skills Purchasing Training Cost Reduction Strategies 101

GlobalTranz

JANUARY 19, 2016

2016 will be a defining year for the logistics industry , and transportation management practices must adapt to these changes. Some of these transportation management trends reflect real worries for the logistics industry. Take a look at six of the trends to watch for in transportation management this year.

Transportation Management 120

Transportation Management Trends Transportation Logistics Network Optimization Software 120

Talking Logistics

JANUARY 11, 2019

Finds a Faulty Shipping Safety Net for Brexit (WSJ – sub. req’d) Class 8 orders: December dips, but 2018 sets new record (FleetOwner) Port Truck Drivers Awarded Nearly $6 Million; Drivers’ Manager Held Personally Responsible For Wage Theft Due to Misclassification as Independent Contractors.

Logistics Network Optimization Software 101

Logistics Network Optimization Software Predictive Analytics Software Supply Chain Software Optimization Software 101

Turvo

JULY 27, 2021

Of all the components that make up the modern supply logistics and shipping network, the one that can significantly impact operational efficiency is visibility into the supply chain. Keeping this focus continues to be essential for the management of the supply chain. . What’s the Full Scope of Visibility in the Supply Chain.

Real-time Visibility 90

Real-time Visibility Supply Chain Software Supply Chain Network Software Analytics Software 90

BlueYonder

JUNE 26, 2020

Recent studies have shown that transportation is the single largest source of greenhouse gas emissions in the United States. Department of Energy calculated that CO2 emissions from transportation surpassed two billion metric tons ; it’s hard to imagine what that number looks like today. In 2007, the U.S.

Waste Reduction 98

Waste Reduction Cost Reduction Strategies Sustainability Logistics Network Optimization Software 98

BlueYonder

JANUARY 31, 2022

2020 and 2021 saw retailers scrambling to meet increasing omni-channel demand via a range of new order-fulfillment and product-sourcing strategies such as curbside pickup and ship-to-store. With intelligent sourcing we have been able to make extremely large changes in less than an hour related to sourcing and fulfilling orders.

Optimal Sourcing 40

Optimal Sourcing Supply Chain Planning Software Logistics Network Optimization Software Optimization Software 40

Talking Logistics

FEBRUARY 1, 2019

req’d) How Blockchain Could Benefit Levi’s Worker Well-Being Initiative (Sourcing Journal) Companies Plan for Tariffs, More Paperwork in Case of ‘No-Deal’ Brexit (WSJ – sub. In short, this trend could give rise to a new transportation role: “Transportation Facility Brand Manager.”. “The

Logistics Network Optimization Software 104

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Network Software Demand Planning Software 104

GlobalTranz

MAY 23, 2016

So, your organization has decided to explore the benefits and perks of less than truckload freight shipping. You may have to learn how to navigate a new software, or your organization may simply need additional training on a new transportation management system (TMS). Overall Costs of Less Than Truckload Freight Shipping.

Freight 136

Freight Shipping Cost Reduction Strategies Inventory Reduction 136

BlueYonder

APRIL 18, 2022

Fourth-party logistics providers offer a single, expert source for managing end-to-end logistics for a range of customers. A dedicated 4PL can use its expertise to deliver the most efficient logistics, the most efficient supply chain, the best costs and the best performance metrics. They are purely objective.

Logistics Network Optimization Software 95

Logistics Network Optimization Software Modeling Optimal Sourcing Supply Chain Software 95

Intelligent Audit

JANUARY 18, 2022

As a result, shippers can better manage their total transportation spending and make the best decisions for their organizations. Furthermore, companies that ship multiple modes and at a large volume need to consider where the data comes from and how it enables transportation optimization.

Analytics Software 52

Analytics Software Supply Chain Planning Software Supply Chain Design Software Procurement Analytics 52