Logistics Viewpoints

SEPTEMBER 4, 2023

That processing event determines when the goods need to be delivered to the next stop. Masters joined the company in August of 2020, the company had three business units each using its own carriers. It was quickly determined that a procurement event was necessary just to set a baseline. An RFP is a data intensive exercise.

Procurement Solutions 122

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 122

FreightWaves SONAR

JULY 24, 2023

As the industry struggles to recover from the unprecedented global events of 2020, recognizing budget limitations is essential for industry growth and success. Measuring performance with transportation KPIs and freight data is getting easier. Transportation management depends on historical and real-time data.

Cost Reduction 105

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 105

Logistics Viewpoints

JANUARY 26, 2021

Geopolitical events. Prior to 2020, every supply chain in the world was challenged by increasing levels of demand unpredictability and market volatility. In fact, IT spend as a percent of business capex crossed over the prior ~10 year average in 2019 and we see that trend extending in early 2020.”. Natural disasters.

Supply Chain Software 161

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 161

Logistics Viewpoints

MARCH 25, 2021

If your company’s supply chain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the supply chain resiliency test. Your organization’s ability to anticipate disruption, adapt to events, and build resiliency is rooted in how you maintain operational continuity.

Supply Chain Planning Software 185

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 185

Logistics Viewpoints

MARCH 17, 2022

When the pandemic started in 2020, no one could foresee the impacts of the global supply chain disturbances would last this long. We can say things have changed, and the pandemic is not just an anomaly event after all. Data cleansing and data robustness. Network cost modeling. Automated forecasting processes.

Supply Chain Planning Software 166

Supply Chain Planning Software Modeling Software Optimization Software Scenario Planning 166

MTS Logistics

OCTOBER 28, 2022

At the same time, research from George Mason University’s Mercatus Center makes the assumption that China will disconnect underwater Internet cables that are crucial to the semiconductor sector and serve as a significant data conduit between Asia and North America. According to the analysis, the U.S.

Maritime 70

Maritime Industry Scenario Planning Analysis 70

Logistics Viewpoints

FEBRUARY 8, 2022

If 2020 and if 2021 proved anything, it’s that the omni-channel selling environment is here to stay. But, as we know, supply chain conditions were far from perfect in 2020 and 2021. As just one example, Nike’s online sales grew by 75% in 2020 — but its profit margins fell from 45.5%

Optimal Sourcing 113

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 113

Penske Move Ahead

MAY 7, 2024

Each year, Penske Truck Rental reveals the top 10 cities that people are moving to, based on one-way truck rental data. Has not ranked since the 2020 list ) Jacksonville, Fla. (8) Florida gained new representation on this year’s list with the addition of Tampa, which has not ranked since 2020.

Trucking 51

Trucking Survey Trends Maintainability 51

Logistics Business Magazine

FEBRUARY 3, 2022

The findings indicate and reinforce an industry-wide consensus of the decline in the lustre and appeal of Black Friday and Cyber Monday (BFCM) e-commerce events among consumers. In Europe, there was 70% parcel volume growth in 2021, a significant dip from 94% experienced in 2020.

Logistics Network Optimization Software 51

Logistics Network Optimization Software After-sales Supply Chain Software Data 51

Blue Grace Logistics

JULY 13, 2021

Intelligent solutions based on modern technologies can assist in automating order flows using accessible data, as well as the supply chain’s potential and restrictions. Data Visibility. The “Control Tower” is responsible for collecting and storing real-time data from the company. Risk Mitigation.

Supply Chain Planning Software 62

Supply Chain Planning Software Inventory Optimal Sourcing Supply Chain Software 62

Logistics Viewpoints

OCTOBER 5, 2021

Certainly no company could have foreseen the shutdown of the global economy in the early months of 2020 — or the continuing effects of COVID-19, such as port closures, throughout 2021. While some recovery has been made, employment levels are still short of February 2020 levels by 33,000 jobs.

Optimal Sourcing 127

Optimal Sourcing Resource Reduction Supply Chain Software Supply Chain Design Software 127

Shipping and Freight Resource

NOVEMBER 23, 2021

Bureau of Economic Analysis, the American trade deficit on goods and services went up 4.2%, rising from $70.3 The data indicates that export volumes are going down month on month and import volumes are increasing, making it detrimental to the US economy and concerns have been raised by several quarters in the media. Source : project44.

Outbound 85

Outbound Logistics Network Optimization Software Sourcing Supply Chain Software 85

The Logistics of Logistics

JUNE 30, 2022

Keeping up with a complex, multi-layered, global industry is harder than most people think, so we decided to share a list of industry experts who share perspectives, news, trends and timely data on a regular basis on Twitter and Linkedin. Craig Fuller. Twitter: @FreightAlley. Cassandra Gaines. Twitter: @MadGainesLive. Bjorn Vang Jensen.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 195

10xLogistics

JANUARY 19, 2023

“The number” could be an ESOP number showing inventory requirements after detailed and exhaustive analysis of demand requirements or it could be something like what transportation or labor capacity I need to satisfy expected demand in the up coming months. We then like to show everyone that these numbers are “the answer”.

Scenario Planning 48

Scenario Planning Document Supply Chains Events 48

CLX Logistics

JULY 26, 2021

Let’s look at the facts – the percentage of supply chain managers using new analytics tools and services to develop better bidding strategies has increased from 17% in 2017 to more than 30% in 2020. Soon, it’ll almost be a guarantee that if you’re not leveraging modern data analytics properly, you’re losing money or leaving it on the table.

Material Savings 40

Material Savings Sourcing Strategies Cost Reduction Inventory Reduction 40

FreightWaves SONAR

JUNE 7, 2023

The reason they’re doing this is that they lack granular market data on contract and spot rates and prevailing service levels. Let’s look at some data. That’s a deeply negative spread: In all of 2019 and most of 2020, spot rates were only 25 to 50 cents per mile below contract rates.

Inventory Reduction 52

Inventory Reduction Cost Reduction Optimal Sourcing Price Reduction 52

CH Robinson Logistics

FEBRUARY 10, 2022

event of 2022, my colleagues, Christina Carroll, vice president of LTL, Alan Rowlett, director of global operations and strategy, and I set out to offer exactly that. There were several popular questions that we didn’t have time to address during the live event. In our first Market Insights Live!

Supply Chain Planning Software 101

Supply Chain Planning Software Supply Chains Trends Price Reduction 101

Logistics Viewpoints

FEBRUARY 28, 2022

Planning applications don’t work well if the master data they rely on is not accurate; this is known as the “garbage in, garbage out” problem. Artificial intelligence is beginning to be used to update the data. Lead times, for example, are a critical form of master data for planning purposes.

Supply Chain Planning Software 170

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 170

MTS Logistics

DECEMBER 27, 2022

By and large, the holiday shipping season has been smooth and problem-free compared to 2020 and 2021, with supply chain issues easing. But that issue was not the result of a supply chain crisis, shortage, shortfall, or systemic issue – it was a result of a natural event. Department of Commerce data showed the U.S.

Supply Chain Software 89

Supply Chain Software Supply Chains Price Reduction Definition 89

GlobalTranz

SEPTEMBER 23, 2021

on-highway diesel fuel prices are up $0.898 from the end of August 2020. Supply & Demand Chain Executive , in 2020, the ? Enabling Data-Driven Decision-Making. ?Access Access to real-time data and the ability to perform real-time analysis ?enables According to the? Energy Information Agency , U.S.

Optimal Sourcing 123

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Supply Chain Software 123

SYSPRO Smarter ERP

MARCH 21, 2022

SCM solutions provide oversight of materials and products, and their associated data, as they move through the supply chain from supplier to consumer. By gaining access to the data in these processes, businesses are better able to coordinate workflows, improve efficiencies, and ensure that customers get the product they ordered.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 116

Logistics Viewpoints

JULY 15, 2021

billion in 2020, the cold chain market is expected to reach more than $628 billion in 2028, nearly tripling its growth in less than ten years, according to a market analysis report by Grand View Research. The WMS should make decisions around quality of goods whenever a traceable event is not within the boundary.

Logistics Network Optimization Software 157

Logistics Network Optimization Software Supply Chain Software Procurement Solutions Tracking and Tracing 157

SYSPRO Smarter ERP

NOVEMBER 8, 2021

But for that special class of disruption, the low-probability, high-impact events like natural disasters, epidemics and other upheavals, organizations don’t know how to mitigate the risk and successfully manage their supply chains, and are now trying to find their way through the minefield of issues and challenges with no clear solution.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 116

20Cube Logistics

SEPTEMBER 29, 2019

This notification part creates the basis for managing by exception where all the events are notified as and when it occurs or about to occur. Managing by exception is nothing but data management challenges. The smart platform should allow validating the data at each level against pre-defined rules of the business.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 40

Logistics Bureau

NOVEMBER 16, 2020

You are not alone, especially as in the time since we first penned this article, one huge and unforeseen event has raised awareness of the global importance of this vital sector—and shown it to be an attractive career choice. That event was the global COVID-19 pandemic, which erupted during the first half of 2020. Data Managers.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

Logistics Viewpoints

JUNE 3, 2022

The future robotics market looks strong worldwide as many sectors seek answers to labor shortages, the Interact Analysis report said. The Memorial Day weekend typically sees an uptick in cargo theft, with an average from 2017 to 2021 of 29 events per year over the holiday weekend. s CargoNet.

Logistics Network Optimization Software 128

Logistics Network Optimization Software Purchasing Skills Price Reduction Logistics 128

Logistics Viewpoints

DECEMBER 9, 2020

And 2020 was certainly quite the year in logistics. So, without further ado, here are the most popular logistics articles from 2020. 2020 Supply Chain Technology Trends ; Steve Banker, Chris Cunnane, and Clint Reiser. The rise of cloud computing, smart devices and IoT have all resulted in a massive data explosion.

Article 17

Article Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 17

Conger

JULY 20, 2020

You’ll have to get re-evaluated, even if it’s within 3 years of your last evaluation, if one of the following events happens: You are involved in an accident or near-miss incident. What a “data plate” is and how to read one. But that’s not all there is to the rule. You are observed operating the lift unsafely.

How To 63

How To Buyer Training Training Course 63

Blue Grace Logistics

SEPTEMBER 25, 2019

According to the 2020 Third-Party Logistics Study, data analytics is not only becoming more viable in the logistics industry, but it’s also becoming a necessity and make a difference. What if there’s a major weather event that has the logistics network scrambled? But what happens if demand is peaked and capacity is booked?

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Tracking and Tracing Logistics Network Optimization Software 48

CH Robinson Logistics

JANUARY 27, 2021

With the Chinese Lunar New Year approaching in late January 2020, global shippers planned to order stock from Chinese suppliers ahead of the celebration as factories and ports would shut down for two weeks. All these events caused major supply chain disruptions to some of the biggest brands in the world.

Supply Chain Planning Software 62

Supply Chain Planning Software Scenario Planning Supply Chain Design Software Supply Chain Software 62

EazyStock

OCTOBER 20, 2020

This keeps the data clean and easier to use for forecasting going forward. Look out for such trends in your historical demand data and adjust your forecasts accordingly. Qualitative factors: Add any qualitative forecasting factors into your data, such as sales promotions, competitor activity or external market events.

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

Camelot 3PL Software

JANUARY 16, 2022

In addition to quicker order processing times and more efficient picking processes, 3PL warehouses are now required to have more connected systems to manage orders and data. With all this data being generated inside and outside of the warehouse, 3PLs need to have the technology to analyze and track data. Automation and Robotics.

Warehousing 52

Warehousing Trends 3PL Supply Chain Planning Software 52

UL EHS- Sustainability

NOVEMBER 16, 2018

For Kimberly Williams, an inventory services manager for the chemical data management business SiteHawk, an accurate chemical inventory is the foundation for your overall chemical management initiatives and globally harmonized system (GHS) compliance.

Inventory Reduction 45

Inventory Reduction Manufacturing Procurement Sourcing Strategies Cost Reduction 45

FreightWaves SONAR

DECEMBER 4, 2020

While logging into a shipping data analytics engine like FreightWaves SONAR is an excellent way to keep tabs on the market, there’s another opportunity to stay in the know without being tied to a desk. Great Quarter, Guys covers the state of freight from a data driven research powered approach. “ WHAT THE TRUCK?!? Freightonomics.

Freight 105

Freight Logistics Network Optimization Software Supply Chain Software After-sales 105

FLS Transport

AUGUST 20, 2020

As we entered 2020, it was supposed to be a year of moderate growth. Rates were low and it felt like 2020 might be a repeat of 2019 with a capacity glut. Here’s what you should expect… 2020 Peak Prediction. The 2020 Peak Season is going to be brutal for shippers. Well, it was… until 2020.

Manufacturing Procurement 52

Manufacturing Procurement Capacity After-sales Optimal Sourcing 52

Ship Monk

NOVEMBER 14, 2022

So even though the year has brought more challenges to our forward budgets and forecasts than any in recent memory (well, other than 2020), we’ve compiled this list of 7 MAJOR TIPS to help you make the most out of Black Friday and Cyber Monday. #1 2 Analyze Your Past Data and Compare It to Current Trends. 1 Plan Ahead… Way Ahead.

eCommerce 52

eCommerce Material Savings Inventory Reduction Cost Reduction 52

Logistics Business Magazine

AUGUST 11, 2020

Inventory optimisation swaps basic linear inventory calculations for probabilistic formulas, to help account for uncertainty when predicting future events. These take a feed of inventory data, do the forecasting and replenishment calculations, and provide the intel that can be used to make smarter purchasing decisions.

Inventory Reduction 68

Inventory Reduction Inventory Procurement Solutions Supply Chain Software 68