Parade

JUNE 24, 2019

In a recent article, Peter Rentschler, CEO at CarrierDirect, discussed why freight brokerages should focus on better utilizing their existing Transport Management System (TMS) to increase operational efficiency, rather than investing in upgrading their systems or purchasing something new. The reality is: it depends.

Eliminating Excel in Purchasing 60

Eliminating Excel in Purchasing Procurement Solutions Logistics Network Optimization Software Freight 60

Parade

JUNE 24, 2019

Technology can be a powerful tool to grow your freight brokerage business and introduce incredible efficiencies to your operations. In this post, I share my thoughts on the topic to help you make the best technology investments for your freight brokerage and stay competitive in a rapidly changing industry. In a recent. QuickBooks).

Eliminating Excel in Purchasing 60

Eliminating Excel in Purchasing Procurement Solutions Logistics Network Optimization Software Freight 60

RPA Labs

AUGUST 20, 2020

Freight forwarders, carriers, freight brokers and other logistics companies are beginning to see how automation can improve their supply chain solutions. RPA allows for seamless system-to-system interaction, so migrating data from shipping instructions, BOLs, packing invoices, and other documents is done automatically.

Logistics Network Optimization Software 40

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

Freightos

JUNE 6, 2016

Is The Freight Industry Ready For SOLAS? In the run up to the July 1, 2016 requirement that there must now be a verification of the gross mass of packed containers, Freightos research has determined that only one third (36%) of FCL freight quotes are still being saved with a weight. Analysis: How Bad Is It?

Industry 51

Industry Freight Cost Reduction Logistics Network Optimization Software 51

Turvo

FEBRUARY 3, 2022

Examples of Tech Used in Supply Chains Today. While every shipment line has its unique challenges and services, technology can add value to many processes, including these core areas: Data analysis that allows real-time data sharing throughout the network. Real-time tracking of shipments to track delivery times and locations.

Supply Chain Software 77

Supply Chain Software Supply Chain Planning Software Refrigeration Collaboration 77

Globalior

DECEMBER 19, 2020

Who pays for required documentation and which terms are suitable for containerized cargo and which are not. For example, under the FCA terms delivery can be made either in the seller’s warehouse or at a predetermined place agreed between buyer and seller. A final note.

Cargo 52

Cargo How To Examples Factories 52

GlobalTranz

OCTOBER 21, 2015

It can take months to negotiate a complex SLA/KPI document, as you go back and forth with your logistics provider so the document becomes a “win-win” for both parties. For example: Inventory Record Accuracy has to be 98-100% accurate daily. The more KPIs, the more difficult the negotiation process. 3PL/SLA Skills/Knowledge.

Negotiating Skills 94

Negotiating Skills Optimal Sourcing 3PL Procurement Analytics 94

Logistics Viewpoints

MARCH 6, 2023

For example, while GEON has over 2000 customers, initially they are manually building forecasts for 600 customers and 1200 ship-to locations. A plan is like a Word document. For example, a few analysts might be tasked with discovering how the profitability of an order is linked to the transportation costs associated with that order.

Supply Chain Planning Software 141

Supply Chain Planning Software Supply Chain Transformation Scenario Planning Supply Chain Software 141

MTS Logistics

FEBRUARY 26, 2024

Let’s start with some definitions of what a freight forwarder is. A freight forwarder is a person or company that coordinates and organizes the movement of shipments on behalf of a shipper by partnering with carriers who transport cargo by ships, airplanes, trucks, and railroads.

Freight forwarding 89

Freight forwarding Negotiating Skills Freight Negotiate Pricing 89

Now, That's Logistics

MAY 3, 2018

Find out who’s clearing your freight and run reports from either your broker(s) or from Customs’ ACE system. Follow a shipment using documentation through the process of importation for air and ocean shipments—from loading to delivery—on your most common shipments. Get a handle on the basics. Obtain copies of powers of attorney.

Compliance 60

Compliance Purchasing Skills Manufacturing Procurement Price Reduction 60

Shipping and Freight Resource

JULY 15, 2020

The use of Personal Protective Equipment (PPE) is outlined in the EU Healthy Gateway Document, ‘ Who, Where, How ’. The World Health Organisation (WHO) will also publish a document covering this subject shortly. Delay in transport or analysis. Issues in transportation and transport media.

Scenario Planning 90

Scenario Planning Resource Reduction Document Reliability 90

ShipLilly

OCTOBER 12, 2022

Personal shippers and businesses should be taking advantage of the opportunities presented by the existence of freight forwarders. For example, a recent survey of 100 randomly selected people showed that many are not conversant with shipping industry terminologies, let alone the services. So, what is freight forwarding?

Freight forwarding 98

Freight forwarding Freight Negotiating Skills Logistics Network Optimization Software 98

Logistics Business Magazine

MAY 31, 2023

Meanwhile, AGCS analysis of close to 250,000 marine insurance industry claims shows that fire was also the most expensive cause of loss, accounting for 18% of the value of all claims analyzed. Failure to properly declare, document and pack hazardous cargo can contribute to blazes or hamper firefighting efforts,” Khanna explains.

Expense Reduction 48

Expense Reduction Supply Chain Design Software Cost Reduction Price Reduction 48

GlobalTranz

APRIL 23, 2015

For example, your contact may have quoted a new job at a certain rate, but the official documentation says otherwise. Another example may be stating that a truck is in transit when the GPS tracking shows that the truck is stagnant at a truck stop. However, what happens when your contact provides you with inaccurate information?

Manufacturing Procurement 97

Manufacturing Procurement Cost Reduction Supply Chain Software Optimal Sourcing 97

MTS Logistics

MAY 6, 2024

This was the year I was introduced to commercial documents, bills of lading, insurance, letter of credits, and a variety of other documents. I used to prepare most of the documents except for bills of lading. I used to work with freight forwarders, ocean carriers, and NVOCCs (Non-Vessel Operating Common Carriers).

Document 82

Document Freight forwarding Logistics Network Optimization Software Events 82

GlobalTranz

JULY 14, 2016

For example, the racist works with more than 3,500 carriers of different sizes to ensure the best small package rates and contract stipulations are retained. When you use a small package outside negotiator, you do not have to worry about developing internal resources, such as staff members or computer terminals to complete this analysis.

Negotiating Skills 49

Negotiating Skills Packaging Resource Reduction Price Reduction 49

Forto

JULY 25, 2018

In freight management, Big Data yields opportunities for improvement. Every customer interaction, movement in the supply chain, and activity becomes an invaluable data asset that freight forwarders can use to refine transport cost-effectiveness and improve their customers’ supply chains. Fifteen of the U.S.

Supply Chain Planning Software 40

Supply Chain Planning Software Data Optimization Software Optimal Sourcing 40

Logistics Viewpoints

JULY 17, 2023

Better systems at customs agencies can lead to increases in cycle times for companies that are not on top of the complex documentation requirements associated with trade. In short, customs compliance must become proactive and strategic rather than just focused on having the proper documentation and accurately paying duties.

Supply Chain Planning Software 113

Supply Chain Planning Software Compliance Supply Chain Software Optimization Software 113

Freightos

MARCH 3, 2015

So when I asked Cathy Roberson, a senior analyst at Transport Intelligence and a tech-enthusiast who is vox supplychainus on Twitter at cmroberson06 , I was not surprised when she sent me back an analysis that seems to match up perfectly with some of Google’s recent projects: Google Glasses, Android and 3D printing. yellowbox].

Supply Chain Software 78

Supply Chain Software Supply Chains White Paper Logistics Network Optimization Software 78

Ship Monk

JANUARY 30, 2023

Example—In the case of a lost or undeliverable package, a customer-first ecommerce merchant can step up to the plate immediately by contacting the shipping carrier to determine the cause of the problem and sharing this information with buyers so they know when to expect delivery or reshipment.

eCommerce 52

eCommerce Supply Chain Planning Software Inventory Reduction Supply Chain Software 52

GlobalTranz

OCTOBER 27, 2015

For example, saying you want to improve relationships with your key stakeholders might be a worthy objective. Cerasis is squarely focused on transportation management through technology and managed services , however, there are logistics companies who offer fulfillment, warehousing, freight forwarding, and more.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Supply Chain Planning Software Logistics Resource Reduction 90

GlobalTranz

FEBRUARY 27, 2015

For example, we’re looking at one set of numbers – one version of truth. We have visibility of total inventory across the organization, and for the first time, we have customer and product profitability analysis and reporting. We’ve set the stage in terms of the future and where we want this company to be. Technology erp software'

Manufacturing Procurement 110

Manufacturing Procurement ERP Logistics Network Optimization Software Procurement Solutions 110

247 Customs Broker

FEBRUARY 6, 2019

According to Youssef, other factors driving uncertainty include the ongoing global energy transition, structural shifts in economies (China for example) as well as shifts in global supply chain development. “If He adds that Drewry anticipates only a “small uplift” in average freight rates for the year. Balancing act. Compliance to U.S.

Capacity 28

Capacity Supply Chain Planning Software Supply Chain Design Software Trends 28

Shipping and Freight Resource

DECEMBER 9, 2021

Executive Insights is a series by Shipping and Freight Resource that provides useful insights and thoughtful analysis on what is happening in the maritime, shipping, freight, logistics, supply chain and trade industries. Executive Insights is your chance to pick the brains of industry veterans, leaders, and enablers.

Data 90

Data Supply Chain Planning Software Supply Chain Software Digital 90

Turvo

AUGUST 24, 2021

Getting a better shipping experience is easy with an optimized supply chain and a robust freight brokerage setup. Creating the perfect supply chain can be a challenge, but freight managers can do some simple yet practical things. Examples would be some traditional forms of material handling equipment.

Optimization Software 98

Optimization Software Supply Chain Software Logistics Network Optimization Software Supply Chains 98

Logistics Business Magazine

APRIL 17, 2024

Companies must also consider cost implications, accurate demand forecasting, trend analysis, process automation, and logistics considerations. Accurate demand forecasting and trend analysis enable companies to anticipate customer needs, ensuring products are available when and where they’re wanted.

Supply Chain Software 62

Supply Chain Software Supply Chains Optimal Sourcing Optimization Software 62

247 Customs Broker

APRIL 22, 2018

Profitability in sea freight shipment is not a myth or a unicorn. There have been a few articles on this blog about these advances like Blockchain based Bill of Lading , and other technologies that are shaking up the freight industry . Here are some steps you can follow to ensure profitability in sea freight shipment. .

Resource Reduction 28

Resource Reduction Freight How To Cost Reduction 28

Logistics Viewpoints

JUNE 28, 2021

TuSimple – a provider of autonomous freight semi-truck solutions – has said their technology will be operational by 2024. And it is not the “last mile” – the distance between an exit off a highway to a destination site – a factory, warehouse, or store for example. Drivers account for 40 percent of the cost of the freight move.

Trucking 86

Trucking Logistics Network Optimization Software Cost Reduction Procurement Solutions 86

Turvo

JULY 27, 2021

For example, the WMS may not share data with the LMS or the TMS. And yet another system may be responsible for digital document management. . Focus on accurate sources of data and analysis for all supply chain processes and activities. . Datasets from the ERP may fail to account for differences in how data is organized.

Supply Chain Software 90

Supply Chain Software Supply Chains Logistics Network Optimization Software Tracking and Tracing 90

Airfreight Logistics

MARCH 19, 2020

Emirates Sky Cargo has implemented Firco Trade Compliance , an Accuity solution that efficiently screens shipment documentation (such as airway bills) against sanctions, dual-use goods, and regulatory watch lists, within a single interface.

Compliance 58

Compliance Document Military Cargo 58

Logistics Viewpoints

JANUARY 3, 2022

When it comes to the movement of freight, one megatrend driving the need for better technology is the driver shortage. TuSimple – a provider of autonomous freight semi-truck solutions – has said their technology will be operational by 2024. TuSimple is offering freight as a service to shippers and carriers.

Trucking 151

Trucking Trends Modeling Software Logistics Network Optimization Software 151

GlobalTranz

JANUARY 21, 2015

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Reverse marketing starts first with Value Analysis. Your team should have recorded all Value Analysis ideas in detail to get back to the Supplier by (date).

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

3PL Links

OCTOBER 6, 2022

With the businesses they collaborate with, they become partners and take full ownership of the management, analysis, and execution of the supply system. The Logistics World website states that first party logistics (1PL) companies are in charge of overseeing land logistics and freight transportation. Consulting. Information systems.

Logistics Network Optimization Software 62

Logistics Network Optimization Software Supply Chain Planning Software 4PL Modeling Software 62

Blog on Log

SEPTEMBER 18, 2006

hence, this makes analysis of the data and comparisons possible. For example, freight and warehouses show on the income statement and are recapped monthly. Their supply chains will be fragmented.just as their outdated financial documents are. Or so they say. These accounting standards have a long history.

Purchasing Skills 40

Purchasing Skills Cost Reduction Supply Chain Planning Software Procurement Analytics 40

Talking Logistics

JULY 31, 2017

For example, XPO Logistics is still trying to digest the Con-Way and Norbert Denstressangle acquisitions from the last few years, while FedEx and UPS continue to expand their service offerings to compete more with freight forwarders, further blurring the lines between asset and non-asset based carrier service offerings.

Supply Chain Design Software 61

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 61

Supply Chain Brain

JUNE 11, 2018

The technology has been around for a long time, but many organizations and countries still require the maintenance of original signed documents, with all of their accompanying costs and inefficiencies. For example, approval by multiple parties to a transportation arrangement is required in order to issue an authorized bill of lading.

Supply Chain Planning Software 40

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

Automotive Logistics

JANUARY 16, 2019

Damaged or defective lithium-ion batteries must not be transported by air freight,” he says. “As For example, packaging requirements in China are different to those in the US, which in themselves differ from those in many European countries. . In terms of maritime transport of dangerous goods, the requirements differ again.

Packing 46

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