Remove Metrics Remove Shipping Remove Sourcing Remove Transportation

Transportation Sourcing in an Omni-channel World

Talking Logistics

Omni-channel is transforming retail transportation’s supply chain and logistics processes. Unfortunately, many retailers are jumping in without a plan — that is, they are taking a short-term, silo’ed approach to transportation sourcing and execution, and as a result, are failing to meet their desired outcomes. And, what are some of the key factors retailers need to consider when developing their transportation plans?

3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance

Cerasis

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. Promise time, lead time, cycle time, transit time, delivery time, unloading time, processing time, queue time, quality assurance time, processing time, turnaround time, receiving time, and shipping time to the customer, (and I bet you could think of more "times" to measure!). Transportation is measured just as a cost rather than what it does for the rest of the organization.

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Midstream Transportation Trends: The Future of Oil and Gas Industry

PLS Logistics

Despite the 2014 oil and gas price drop crisis and the rush around alternative fuel sources, the future of the oil and gas industry remains bright and has a steady pace of growth and increasing demand. More than four billion metric tons of oil and produced every day worldwide, with oilfield companies still generating the […]. Blog midstream oil and gas oil oil and gas oil and gas logistics oil and gas shipping oil and gas supply chain oil prices

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Navigate Shipping Landscape with Proactive Analytics

Talking Logistics

While we live in an age where same-day delivery and free shipping have become customer expectations, we also live in an age where dimensional weighting and quarterly accessorial increases have become a reality from the carrier. Relying on proactive rather than reactive analytics, and the ability to make specific actionable callouts from these data sets, will be key to navigating the ever-changing shipping landscape both now and in the future. Use the Correct Metrics.

Last Mile Metrics: 11 Metrics to Measure in Last Mile Logistics

Cerasis

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? The answer to this question lies in using last mile metrics to track key performance indicators and target levels of service to ensure accountability, visibility and continued reduction of costs in last mile delivery. Essentially, shippers need to track these 11 metrics. On-Time Deliveries Are King of Last Mile Metrics.

Why Logistics and Transportation Should Digitize

3rdwave

Digitization is suddenly so important because the current technology supports the capturing of phenomenal amounts of raw data from an unlimited number of sources and the converting of that data into meaningful, contextual, and actionable information – quickly and at low cost. Logistics is a highly procedural function with clearly defined responsibilities and performance metrics. 5 Reasons Logistics and Transportation Should Digitize. What is Digitization?

3 Components to a Complete Lean Transportation Management System

LeanCor

When we hear “transportation management system” at LeanCor, we don’t just think of software. Lean thinking can help organizations develop and maintain a fast, stable, efficient transportation management system. When shippers apply lean thinking to people, process, and technology in transportation, the results are significant. Are these practices part of your organization’s transportation management system?

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3 Initiatives Driving Sustainable Transportation and Logistics Management

Supply Chain Nation

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. Using a modern transportation management tool that fuses flexibility into distribution networks is effective in creating cleaner, smarter transportation strategies.

Wanted: Supply Chain Architects!

Supply Chain Shaman

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. It should not be functional, with a narrow focus on a singular function like manufacturing or transportation. Instead, I think that it needs to be holistic to balance the trade-offs of source, make and deliver together. Stage 2: All about Transportation.

Why Logistics and Transportation Should Digitize

3rdwave

Digitization is suddenly so important because the current technology supports the capturing of phenomenal amounts of raw data from an unlimited number of sources and the converting of that data into meaningful, contextual, and actionable information – quickly and at low cost. Logistics is a highly procedural function with clearly defined responsibilities and performance metrics. 5 Reasons Logistics and Transportation Should Digitize. What is Digitization?

13 Reasons Why You Need a Global Transportation Management System (TMS)

3rdwave

In today’s turbulent trading environment, strong global transportation management capabilities deliver exceptional benefits and value. From optimizing freight movements and controlling freight costs, to supply chain SKU transparency and optimal inventory management, the value proposition for global transportation management is substantial and significant. It supports the ability to consolidate multi-vendor/PO shipments to optimize total shipping costs.

Why A Successful Transportation Management Program Is Empowered By Data

Cerasis

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. In this post we will talk about how you can improve your transportation management program by focusing on using data, extracted from the use of technology, such as a transportation management system, that then people can use to continuously improve. Metrics. Data Management and Transportation Services.

Top 5 features to look for in a Transportation Management System (TMS)

Abivin

Selecting the correct software system for the business helps to attain process efficiency, gain visibility into the supply chain, and decrease general transport costs. One of such software is transportation management system (TMS) which is a subset of supply chain management regarding transportation operations (Mei & Eliot, 2017). TMS has become an indispensable tool in a growingly competitive and complex transportation landscape.

Optimize Your Freight Spend Without Negotiation

Talking Logistics

Companies across all industries are dealing with rising transportation costs and a key question many CEOs, CFOs, and supply chain executives are asking is, “What can we do to better manage and control our freight spend in today’s market?” It is rare today to read the Wall Street Journal or listen to an earnings call without hearing about the impact of rising transportation costs. The second question we get is what strategies can we implement to lower our transportation costs.

6 Transportation Management Trends for 2016

Cerasis

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. However, logistics providers and shippers are starting to understand how to best combat each of these problems through the application of transportation management technologies. Similarly, the method of determining the rate of shipping will change in 2016.

13 Reasons Why You Need a Global Transportation Management System (TMS)

3rdwave

In today’s turbulent trading environment, strong global transportation management capabilities deliver exceptional benefits and value. From optimizing freight movements and controlling freight costs, to supply chain SKU transparency and optimal inventory management, the value proposition for global transportation management is substantial and significant. It supports the ability to consolidate multi-vendor/PO shipments to optimize total shipping costs.

Why Benchmarking Alone Isn’t Enough for Proper Transportation Cost Analysis

Cerasis

Editor’s Note: This post is a slightly modified guest post from Ahern & Associates , a transportation management consultancy. Carriers in the trucking industry and also shippers today are actively looking for ways to combat the rising costs of operating their businesses, but they often do not fully understand proper benchmarking, transportation cost analysis, and profit management are intertwined. Profits Need More than Benchmarking in your Transportation Cost Analysis.

7 Ways to Strategically Elevate Freight Procurement

Talking Logistics

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. The embodiment of this transformation is the chief procurement officer, an increasingly common title for executives that strategically source goods and services. As a strategic process, transportation procurement may still seem very tedious and challenging.

7 Freight Costs Considerations That Will Have Shippers Rethinking In-House Transportation Management

Cerasis

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. Here are just some of the typical issues that businesses encounter in undertaking self-management of freight transportation management. Shipping costs impact all departments' budgets. 3PL Freight Transportation Management freight costs

Top Logistics Terms to Know—A Supply Chain Glossary

Zipline Logistics

We will define some of the most prevalent in transportation for those of you who have ever found yourself confused by the terminology. These are a la carte, or per service, and outside of standard shipping and receiving. Typically, it accounts for the planning of demand, production, distribution, and transportation. Air Freight — Transportation of products via air transportation methods. Cargo — Product carried during transportation.

4 Long Term Ways to Save with Less Than Truckload Freight Shipping

Cerasis

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). Let’s take a look at how the TMS impacts the costs of shipping over the long term in four critical areas. Overall Costs of Less Than Truckload Freight Shipping.

This Week in Logistics News (January 7-11, 2019)

Talking Logistics

Hunt Transport acquires home delivery firm for $100M (CCJ) Key By Amazon adds garage and business delivery, new locks and Ring compatibility (TechCrunch) Walmart taps Udelv for latest driverless car tests to deliver groceries (CNBC) Autonomous trucking startup TuSimple is taking 3 to 5 commercial trips a day (TechCrunch) Why Your Ice Cream Will Ride in a Self-Driving Car Before You Do (WSJ – sub. Finds a Faulty Shipping Safety Net for Brexit (WSJ – sub.

Countdown to Black Friday: It’s the Final Countdown, So Get Your Shipments Up in the Air

CH Robinson Transportfolio

Understand the metrics of air cargo: time and money. In addition, consider the ancillary services that happen behind the scenes, such as customs clearance and distribution/delivery sourcing. An experienced 3PL provider will keep these in mind when advising the best options for you—helping translate an optimized supply chain into lower overall transportation spend. Global Transportation Air Black Friday Shipping

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Connect Big Data with Predictive Analytics for Increased Visibility and Control Over Global Supply Chains

Supply Chain Network

With maritime transport growing at an average rate of over 8.5 percent per year, over 90% of the world’s trade is carried by sea for a total of 23 million tonnes of cargo traveling by ship every day. Shippers, carriers, freight forwarders and third party logistic firms are currently spending millions of dollars in resources on ‘estimating’ important metrics such as container Estimated Time of Arrival (ETAs).

Moving Up The Corporate Ladder, Does Your Freight Spend Have A Seat At The Table?

4WL Consulting

The previous decade has seen many companies, mainly those handling manufacturing operations, change how sourcing of direct materials is executed – from an administrative function to a somewhat strategic procurement approach that has seen the creation of a new position “the Chief Procurement Officer.” ” Similar transformational patterns have also been seen in the transportation industry. Blog Logistics Outsourcing Transportation Spend Uncategorized

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Control Towers: If Only There Was A Clear Definition

Supply Chain Shaman

While there are many types of visibility (see Figure 1), the most common use case is either sourcing or transportation visibility. I was at a customer last week that shipped to distributors and did not know the site of customer facilities. The focus is on functional metrics, but are unable to get to overall supply chain metrics. However, to use these data sources, we must break paradigms and focus on the use of non-relational techniques.

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This Week in Logistics News (January 28 – February 1, 2019)

Talking Logistics

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. Uber Freight: Transportation Facility Brand Managers. As reported by Transport Topics , “Truck drivers using the Uber Freight load-booking app can now rate shippers’ and receivers’ facilities and share feedback on factors such as wait times and amenities.”

New IMO 2020 Regulations Help Reduce Marine Sulphur Emissions

CH Robinson Transportfolio

This bold initiative, which goes into effect on January 1, 2020, will help reduce the environmental impact of the international shipping industry. . As we look forward to the new year, it’s important to understand why these new regulations are taking place and how IMO 2020 will impact the global shipping market. Ocean shipping , an efficient and cost-effective means for transporting international goods, accounts for more than 80% of global trade.

Top 10 Supply Chain Innovations of 2018

Material Handling and Logistics

Source ID. It will allow for the automation of more complex warehousing tasks, such as unloading shipping containers and picking packets or individual e-commerce orders. Source ID. Content Summary: Personal Mover Transports Employees around BMW Plant. Source ID.

2020 Requires Big Wings and Feet

Supply Chain Shaman

No metric should be measured in isolation, and functional metrics should be replaced with the balanced scorecard metrics shown in Figure 2. To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability. Examples include first pass yield, schedule adherence, hands-free orders, orders shipped complete, and minimization of waste. 5 A Focus on Functional Metrics Throws the Supply Chain Out of Balance.

Letter from the CEO: Coronavirus Market Update

Transplace

Transplace is closely monitoring the outbreak and the impact the reaction is having on the transportation market. Toward that end, we would like to provide you with four types of updates: 1) what we are seeing in the transportation marketplace, 2) what our customers are experiencing, 3) some best practices we recommend with regard to bidding, and 4) the actions we are taking to protect our employees and community. Cargo flows and ship calls are rebounding in China.

Ocean Carrier Alliances: What You Need to Know

Talking Logistics

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. The answer lies in the state of the ocean container shipping industry over the past ten years.

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Reimagine Supply Chain of the Future – agile, resilient, and balanced – LogiSYM July 2020

The Logistics & Supply Chain Management Society

To create flexible and balanced supply chain organisation, it is necessary to integrate strategy, processes, metrics, and technology enterprise wide and across customers, suppliers, and service providers. Adopt autonomous Logistics planning : Autonomous logistics planning will help making data based intelligent analysis related to cross docking, drop ship, lanes routing which can be used proactively to build capacities, routing optimization.

Effectively Manage Foodservice Supply Chains During Disruptions

CH Robinson Transportfolio

Every decision becomes more impactful based on these metrics. Robinson experts act as an extension of your team when it comes to contract management, transportation, warehouse services, consolidation, last mile delivery and fresh produce sourcing—allowing you to optimize your entire supply chain holistically. Product alignment: Geography and transportation. With foodservice providers shuttered, it’s been an uncertain year for many.

The Trends Shaping Supply Chain and Logistics: Takeaways from Descartes Evolution 2017

Talking Logistics

getting buy-in from drivers and other stakeholders) and implementing appropriate metrics to measure and drive performance.). Another dimension of business intelligence is mashing together different data sources, such as weather, traffic, and trade data to generate new insights, which is part of the reason why Descartes acquired Datamyne this past December. (As What is the #1 technology topic Descartes CEO Ed Ryan gets asked about?