Freightos

JANUARY 15, 2024

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began.

Negotiating Skills 115

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 115

GlobalTranz

DECEMBER 22, 2020

The volatility of 2020 and the uncertainties looming into 2021 make it difficult to forecast planning and budgets based on historical data. For example, online shopping will grow faster than expected, and consumer behavior may shift in response to ongoing pandemic-related challenges. Contact GlobalTranz Today.

Inventory Reduction 62

Inventory Reduction Sourcing Strategies Cost Reduction Freight 62

SYSPRO Smarter ERP

OCTOBER 4, 2021

The latest World Manufacturing Report, reveals that industries that adopted new technology started recovering faster from the pandemic, with increases of at least 10% in the first quarter of 2021, while low-technology industries registered a comparably lower growth rate of only 5.8%. Use ERP to improve operations and efficiency.

Manufacturing Procurement 119

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FreightWaves SONAR

MARCH 25, 2021

Data provided to American Shipper on Wednesday by project44 listed 36 vessels affected by the canal blockage. For the Ever Given as an example, as of yesterday, the schedule posted by Evergreen the expected ETA of the vessel into Rotterdam was April 1st, 2021 (with a scheduled departure date of April 3rd, 2021).

Data 93

Data Inbound Demo Supply Chains 93

FreightWaves SONAR

FEBRUARY 25, 2021

It always goes back to using data as a best practice for all aspects of freight management. Logistics automation continues to benefit from the increased viability of advanced analytics Data analytics provide a wide range of benefits for shippers that can properly harness logistics automation. Download the White Paper.

Supply Chain Software 52

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FreightWaves SONAR

MARCH 2, 2021

Companies are rapidly adopting and using real-time data to clearly understand challenges to better mitigate unexpected problems when they arise. In fact, logisticians should consider these top five use cases of increased visibility and data within logistics and how they improve throughput. as of the close of business on March 1, 2021.

Supply Chain Planning Software 52

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Locus

DECEMBER 1, 2021

As the 2021 holiday season began early, toy shopping started early. The toy industry is particularly susceptible to shipping delays because 85% of the 3 billion toys sold each year in the United States come from China.” – Ed Desmond, executive vice president for external affairs at the Toy Industry Assn, Oct 15, 2021.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimization Software Logistics Network Optimization Software 52

Freightos

APRIL 25, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. From Q3 2021 to early 2022, Freightos Air Index China-U.S. He’s obsessed with marketing, data storytelling (it’s a thing!) These rates dipped to around $3.50/kg

Cost Reduction 88

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SYSPRO Smarter ERP

APRIL 18, 2022

With reliable data from ERP manufacturers and distributors can use data analytics to respond to challenges. Without the right data insights businesses are unable to understand the impact of all factors on their daily business activities and deal with supply and demand shocks. The 2021 SYSPRO CFO 4.0

Manufacturing Procurement 124

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software ERP 124

SYSPRO Smarter ERP

APRIL 11, 2022

The role of the CFO is being transformed by technological innovation and access to massive amounts of data, both inside and outside the organization. According to the 2021 SYSPRO CFO 4.0 According to the 2021 SYSPRO CFO 4.0 Data-driven decision making and risk management. The modern CFO.

Manufacturing Procurement 105

Manufacturing Procurement ERP Distribution Supply Chain Design Software 105

Blue Grace Logistics

JULY 8, 2022

SMC3, for example, provided pricing for trucking, which almost seamlessly moved into the digital space. PortXchange in Rotterdam and Innovez-One out of Singapore are examples. Uber Freight, a sibling of Uber rider fame, started modestly but in 2021 acquired 3PL Transplace and now is among the platforms to be reckoned with.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimization Software 62

FreightWaves SONAR

APRIL 11, 2024

Using the past five years of tender rejection rates as examples of the various market types, there have been no scenarios where we’ve seen a relative balance between carrier capacity and shipping demand. Capacity is exiting at a record pace, but it has still not overcome the record growth experienced in 2021–2022.

Freight 64

Freight Capacity Maintainability Trends 64

FreightWaves SONAR

NOVEMBER 9, 2020

This week, learn how freight market participants, especially trucking carriers , rely on both the Ultra-Low Sulfur Diesel Rack (ULSDR) data index and the FUELS index to measure diesel fuel price volatility and to understand its impact on their operations and the freight market at large. What are the ULSDR data and FUELS indices?

Purchasing Skills 52

Purchasing Skills Price Reduction Data Cost Reduction 52

Blue Grace Logistics

APRIL 28, 2023

billion in 2022, according to data from the Association for Private Capital Investment in Latin America, a trade group now part of the Global Private Capital Association. billion in 2021, but more than double the $1.3 The data doesn’t include expansion by U.S. That was down from a record $5.6 billion volume of 2019. Kearney Inc.

Trends 62

Trends Negotiating Skills Supply Chain Planning Software Supply Chain Software 62

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

Envase Technologies

AUGUST 10, 2021

In this tech talk post, we’re going to explain—in plain english—what Electronic Data Interchange (EDI) is, what it does to help your business, and how you’re probably using it everyday and don’t even know it. There are a lot of places things can go wrong when you rely on people to connect the data dots for you. Here’s why. Which is it?

Data 52

Data Examples Automation Demo 52

FreightWaves SONAR

APRIL 1, 2021

Many LTL industry trends, including capacity limitations, increasing accessorials, surcharge rates, changes in market trends and buying patterns, are almost certain to continue through 2021 and for some time to come. In this example, the shipping rate would be based on the DIM pricing weight of eight pounds.

Negotiating Skills 98

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Blue Grace Logistics

JUNE 13, 2022

The largest year-over-year increase in pressure in 2021 came from investors, governments, and international governing bodies, according to The State of Supply Chain Sustainability 2021 study from The MIT Center for Transportation & Logistics. To read the entire blog visit BlueGrace Logistics. Leaf Logistics Inc.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Software Optimal Sourcing Supply Chain Design 62

FreightWaves SONAR

SEPTEMBER 1, 2021

Major weather storms have been prevalent throughout the years and 2021 is no exception – the major winter storm that swept the nation in February, multiple hurricanes with the latest, Hurricane Ida, ravaging the Gulf Coast. For example, the Outbound Tender Volume Index (OTVI) is a 7-day moving average of shippers’ requests for capacity.

Freight 98

Freight Inbound Demo Events 98

Logistics Bureau

OCTOBER 20, 2021

You see, the set of primary data needed to keep an airliner aloft is (apparently) relatively simple—and the same is true of running a supply chain organisation. These key metrics become your organisation’s “multi-function display” and give you the primary data needed to monitor and manage “normal flight conditions.”

Supply Chain Design Software 96

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

Locus

MAY 25, 2022

Take last-mile deliveries for example. 2021, Statista. 2021, Statista. Use data insights. The obvious answer is data. Data has occupied an inevitable space in the last-mile delivery planning and its strategic implementation. And how they have been changing! Offer free shipping. Download Now!

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategy 52

FreightWaves SONAR

MARCH 5, 2021

[Should] you just figure out if it should be 5% or 6% [without data]?” This will be key in 2021. Unlike other tools in the market, the Lane Signal considers an abundance of data from multiple sources, not just dirty data that flows through one system like other industry tools. SONAR is near-real-time data.

Negotiating Skills 98

Negotiating Skills Modeling Software Sourcing Strategies Logistics Network Optimization Software 98

EazyStock

AUGUST 24, 2021

Recent examples include the DarkSide cyber attack of Colonial Pipeline in May 2021, which was only resolved once the hackers were paid $5 million in ransom. But before you start panicking, there are a number of best practices that you can follow to safeguard your data and minimize the risk of digital breaches! Who can access it?

Supply Chain Planning Software 52

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SYSPRO Smarter ERP

SEPTEMBER 8, 2021

A recent report The Fictiv 2021 State of Manufacturing report has shown that many companies are in the process of becoming more digitally proficient and organized. For example, analyzing real-time production data to uncover hidden inefficiencies and implement changes faster.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software ERP Manufacturing Procurement 115

EazyStock

MARCH 9, 2021

In this blog post we’ll delve deeper into the intricacies of ABC analysis and how it can help businesses improve their inventory management practices. See an example of ABC analysis in action here. Especially if the classification is done based on ‘gut feel’ and not hard data. Post first published July 2015, updated March 2021.

Analysis 83

Analysis Inventory Optimization Software Procurement Solutions 83

Locus

DECEMBER 16, 2021

2020 and 2021 have been exceptionally difficult for global fashion retailers. For a brief period in 2021, it seemed like things were taking a turn for the better as pent-up demand brought customers back to stores. Brands such as Kering and Hermes reported sales going up by 46% and 26% respectively in 2021. . million by 2025.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 52

CLX Logistics

JULY 26, 2021

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. So, what are your competitors getting from modern data and analytics solutions that you’re missing out on? Chief among them was COVID-19. Procurement Event Strategies. Ongoing Spend Analysis.

Material Savings 40

Material Savings Sourcing Strategies Cost Reduction Inventory Reduction 40

GlobalTranz

FEBRUARY 25, 2021

For example, the reverse logistics process includes the management and the sale of surplus as well as returned equipment and machines from the hardware leasing business. It is far too early to predict returns’ actual rates in 2021, but historical averages suggest this could be a historic year for returns. Imagine this scenario.

Reverse logistics 84

Reverse logistics Inventory Reduction Cost Reduction Material Savings 84

Turvo

OCTOBER 21, 2021

What’s in the article: This blog covers the following topics : How the price rise has impacted businesses during the pandemic . For comparison, the prices stood at just under $11,000 for a similar container in the last week of July 2021. Reason for the drastic increase in freight prices . The impact of the container vessel shortage .

Freight 81

Freight Price Reduction Scenario Planning Cost Reduction 81

Logistics Bureau

NOVEMBER 8, 2021

If yours is not one of those businesses, and you’re confident in your KPI suite and the relevance of the data it provides, congratulations! Because you can find plenty of other articles on this blog and the Logistics Bureau blog if you’d like to peruse such lists. Conflicting KPIs: A Brief Example.

Supply Chain Software 81

Supply Chain Software Supply Chains Scenario Planning Cost Reduction 81

Parade

MARCH 28, 2022

Turvo’s Collaboration Cloud and modern TMS applications help streamline people, processes, and data for global supply chains. For example, with the Turvo driver app, drivers can instantly upload photos from their mobile device of BOLs and PODs, eliminating manual processes in settlement and invoicing, to get paid faster.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 78

FreightWaves SONAR

FEBRUARY 2, 2021

The state of logistics in 2021 continues to undergo transformation and disruption (continued from 2020), and while companies are looking for new logistics strategies to stay proactive, there comes a point at which supply chain leaders need a simple, fast way to view market conditions. Consistent data collection. Near-real-time data.

Supply Chain Planning Software 52

Supply Chain Planning Software Freight Supply Chain Software Resource Reduction 52

SYSPRO Smarter ERP

APRIL 13, 2022

Shipping costs skyrocketed over 300% in 2021 as borders and ports were closed around the world in response to the pandemic, and these will continue to be elevated. For example, aluminum was in short supply during World War II. Russia is the world’s third-largest oil producer and the second-largest foreign oil supplier to the US.

Supply Chain Planning Software 111

Supply Chain Planning Software ERP Supply Chain Software Price Reduction 111

Blue Grace Logistics

NOVEMBER 24, 2020

As most companies haven’t found a reliable means to practice divination we’ve found that, with the right technology and data, this is possible. As most companies haven’t found a reliable means to practice divination we’ve found that, with the right technology and data, this is possible.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chains 62

Trinity Logistics

SEPTEMBER 22, 2023

In this blog, we’re going to dive into some of the latest trends in the food and beverage industry. In July 2021, the Zero Food Waste Act was introduced to provide grants to businesses that significantly reduce their food waste. One example is UPS Healthcare developing a system and opening facilities to move medicines safely.

Trends 66

Trends Waste Reduction Industry Supply Chain Planning Software 66

Ship Monk

JANUARY 27, 2021

In 2019 alone, 9,302 stores announced their farewells , sending both devoted shoppers and data analysts into a frenzy. Meet BOPIS, otherwise known as one of the most popular baby names of 2021 — we’re kidding, of course. Subscribe to our blog newsletter ! The scoop, however, is that this only paints part of the picture.

eCommerce 84

eCommerce Picking Material Savings Production 84

EazyStock

MARCH 22, 2022

Fluctuating demand and supply volatility have made accurate demand forecasting even more challenging for two reasons: Using last year’s sales data as a base for forecasts is a ‘no go’, as demand fluctuations due to the pandemic skew the data. Use appropriate historical data. Use qualitative data.

Supply Chain Planning Software 52

Supply Chain Planning Software How To Supply Chain Design Software Supply Chain Software 52