Logistics Viewpoints

DECEMBER 12, 2023

Companies annually spend about $325 billion on warehousing — and 85% of that cost goes to operating expenses that include labor, space and equipment. Optimizing warehouse operations for both service and profitability has never been more important, or more challenging. Warehouses also represent an enormous cost center. The result?

Supply Chain Planning Software 168

Supply Chain Planning Software Supply Chain Design Software Optimization Software Resource Reduction 168

GlobalTranz

NOVEMBER 19, 2015

6 Benefits of Applying Useable Data in Logistics For Continuous Improvement. 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.

Data 77

Data Sourcing Strategies Optimal Sourcing Transportation 77

Logistics Bureau

JULY 11, 2022

These KPIs should all be applicable to your supply chain operation, subject to some tweaking to reflect the precise characteristics of your inbound logistics and purchasing functions. This measurement will require data from the purchase orders placed by your buyers, and that from your receiving operation. ASN Accuracy.

Procurement Analytics 107

Procurement Analytics Procurement Solutions Purchasing Skills Inbound 107

GlobalTranz

FEBRUARY 4, 2019

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel.

Supply Chain Planning Software 48

Supply Chain Planning Software Logistics Network Optimization Software Inventory Reduction Trends 48

GlobalTranz

JUNE 29, 2017

Editor's Note: Today's blog comes from Katie Cruze at considerdigital.com who give us the top 5 reasons why data quality is important. Data, for most companies, is often collected for record-keeping purposes. For many companies, managing the quality data can seem like an overwhelming task.

Data 77

Data Waste Reduction Sourcing Strategies Expense Reduction 77

GlobalTranz

NOVEMBER 12, 2015

Today we will go into detail on using the available data created in the processing of shipments within transportation management and other related logistics management for continuous improvement. . 6 Benefits of Using the Right Data in Logistics & Transportation Management for Continuous Improvement. Performance Management.

Data 91

Data Vendor Strategies Logistics Network Optimization Software Expense Reduction 91

MTS Logistics

APRIL 12, 2024

The automated manifest system is an electronic system that is used to support cargo data such as departure, arrival, and release information between the actors of shipment when importing to the U.S. bound and transit cargos must submit distinct data items (e.g. What is the Automated Manifest System (AMS)? The AMS was formed by U.S.

Supply Chain Planning Software 86

Supply Chain Planning Software Optimization Software Supply Chain Software Automation 86

GoShip Blog

JUNE 8, 2021

As businesses become more complex and expand into the global platform, you can only imagine the number of operators, workers, services, goods, and data that go in and out of logistics hubs. To efficiently handle the supply chain, most logistics operators will use software or AI to analyze data and optimize logistics operations.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Supply Chain Planning Software Optimal Sourcing Optimization Software 98

GlobalTranz

MARCH 7, 2016

Through the use of connected devices and greater abilities to capture data in real time, the concept of end-to-end visibility and improvement thru the use of supply chain analytics has changed. However, the Internet of Things and big data supply chain analytics are allowing manufacturers to monitor performance in near real-time.

Procurement Analytics 61

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chains 61

Log-hub

SEPTEMBER 4, 2023

As companies expand globally and customer demands change, a clear supply chain view is essential for improved operations. By enhancing the decision-making process and maximizing efficiency, supply chain visualization aids in improving business operations and provide more value to customers.

Supply Chain Planning Software 40

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Supply Chains 40

Log-hub

SEPTEMBER 4, 2023

As companies expand globally and customer demands change, a clear supply chain view is essential for improved operations. By enhancing the decision-making process and maximizing efficiency, supply chain visualization aids in improving business operations and provide more value to customers.

Supply Chain Planning Software 40

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Supply Chains 40

Turvo

NOVEMBER 30, 2021

This partnership brings together Turvo’s collaborative transportation management systems with OpenTrack’s container tracking and data analysis functionalities, creating a holistic tool for importers and logistics service providers alike. Getting clear visibility into inbound shipments from global suppliers.

Supply Chain Design Software 78

Supply Chain Design Software Logistics Network Optimization Software Sourcing Strategies Supply Chain Software 78

Logistics Bureau

MAY 24, 2021

As a rough rule of thumb, your safety stock levels should take into account the difference between average and maximum daily sales of a product, and between the average and maximum lead times for inbound delivery of that product. The formula looks like this: Maximum lead time x maximum daily sales – average lead time x average daily sales.

Inventory Reduction 118

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 118

Logistics Business Magazine

FEBRUARY 23, 2024

Red Bull’s Formula One HQ in Milton Keynes is an appropriate and impressive backdrop to learn why data is fuel in logistics. High performance in logistics can be maintained by extracting insights from data and taking practical steps. Complexity requires having a data strategy.” The quality and timeliness of data is crucial.”

Logistics Network Optimization Software 50

Logistics Network Optimization Software Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 50

ShipLilly

AUGUST 6, 2020

To “deliver now”, suppliers have to redesign and realign their operational activities. In the simplest terms, speed-of-delivery refers to the time that is taken to make operational decisions and implement them. Data and process analysis are part of the puzzle. Data and process analysis are part of the puzzle.

Cost Reduction 79

Cost Reduction Optimization Software Analysis Inventory Reduction 79

Logistics Bureau

NOVEMBER 9, 2020

Focus on the following points when looking for ways to trim cycle times: Vendor Management: By focusing on inbound goods flows, a company can achieve savings of 10 percent or more on the amount of working capital required. Implementing cross-dock operations to reduce warehousing needs. How to Reduce Cycle Times.

Material Savings 106

Material Savings Vendor Strategies Inventory Reduction Supply Chain Software 106

Freightos

JULY 26, 2018

Amazon is at the nexus of ecommerce, data, and logistics, with a drive to constantly improve their logistics network. That’s 258 operational facilities in the US and another 486 distributed around the world (see map below, data from MWPVL ). And the career data below spells out a strong ocean slant. Team Analysis.

Logistics Network Optimization Software 53

Logistics Network Optimization Software Data Supply Chain Planning Software Manufacturing Procurement 53

20Cube Logistics

JANUARY 28, 2020

RFID is a tool to read & understand digital data encrypted in RFID tags through a reader via radio waves. To understand it, we can take the example of a bar code or magnetic strip of a bank’s ATM card where data is captured by the device and stored in the database. Easy reports and advanced data analysis .

RFID 74

RFID Supply Chain Software Supply Chain Planning Software Optimization Software 74

FreightWaves SONAR

MAY 10, 2022

Import manifest data, which covers shipments and TEUs that have cleared their ports of entry into the U.S. However, comprehensive maritime shipping data is still not broadly disseminated. In addition, recent geopolitical instability makes data, information and analysis of this sector even more important.

Maritime 52

Maritime Data Supply Chains Freight 52

Talking Logistics

MAY 14, 2019

Ensuring receipt of Certificate of Analysis (CoA) and other regulatory compliance documentation has made digitization a requirement for customer service, audit management, and compliance. When operating in a coordinated manner, brand reputation risks are minimized by recalls or customer complaints while improving customer service.

Supply Chain Planning Software 99

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 99

GlobalTranz

MAY 12, 2015

Building an agile organization that can quickly adapt will mean creating digital operations that can help your company close the connectivity gap. Closing the Connectivity Gap in Manufacturing with Digital Operations. But the market is segmented, demanding specialization that will be tough for traditional manufacturers to handle.

Manufacturing Procurement 97

Manufacturing Procurement Modeling Software Supply Chain Planning Software Digital 97

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Industries experienced severe operational and financial consequences with issues like supply shortages, supply and demand surges, inventory shortfalls and reduced productivity. Another methodology is the Porter’s Value Chain Framework, which comprises of inbound logistics, operations, outbound logistics, sales, and service.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 105

GlobalTranz

FEBRUARY 19, 2018

Big Data Utilized with other Automated Logistics Technologies to Improve Efficiency and Logistics. Big data is among the most important automated logistics technologies to affect logistics in 2018. According to Edicom , the impact of big data will be further enhanced through cloud computing technologies. Download Here.

Supply Chain Software 68

Supply Chain Software Logistics Network Optimization Software Optimization Software Automation 68

FreightWaves SONAR

APRIL 29, 2021

Using SONAR data in contract negotiations with carriers and 3PLs. . Those use cases can be categorized as supporting day-to-day operations to minimize freight costs and those use cases are our focus in the coming pages. SONAR data can identify tight relationships such as U.S.-bound Deciding on the timing of freight bids.

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

Logistics Business Magazine

MARCH 1, 2022

The growing list of supply chain concerns is forcing shippers to make significant changes to their operations. Today, robust solutions provide an end-to-end process to automate and integrate every aspect of your operation. Carrier and Shipping Analysis. This article, supplied by FreightPOP , has the answers. Shipping delays.

Optimization Software 54

Optimization Software Logistics Network Optimization Software Supply Chain Software Resource Reduction 54

GlobalTranz

APRIL 6, 2015

However, complex supplier relationships, unreliable sources of material supply, and ever-increasing customer expectations greatly add to the expectations to select the best suppliers and conduct their operations more efficiently. Monitoring and analysis of this data may provide opportunities to intervene before issues becomes major problems.

Optimal Sourcing 118

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 118

GlobalTranz

JULY 6, 2017

As explained by Manhattan Associates, peaks in warehouse operations, especially during the holiday season, can increase nine-fold. Control Both Inbound and Outbound Freight Effectively. Warehouses must effectively manage inbound and outbound freight concurrently. Consider Outsourcing Systems or Operations to Handle Surges.

Optimization Software 69

Optimization Software Vendor Strategies Tips Resource Reduction 69

GlobalTranz

SEPTEMBER 8, 2015

Data Capture. Shipping freight inherently comes with a large amount data. Each data entry is an opportunity for data capture and analysis. Additionally, ensuring a superior data capture capability allows clients to become more confident in tracking and visibility in shipping. Freight Spend Management.

Cost Reduction 93

Cost Reduction Expense Reduction Supply Chain Planning Software Optimization Software 93

GlobalTranz

OCTOBER 16, 2015

Saving money on less-than-truckload or LTL procurement is a laudable goal, except when operational problems eclipse savings gains. Gather quality shipment data reflecting all LTL movements for the past 12 months. Due diligence is a shipper's most important step in successful bid analysis. 10 LTL Procurement Cost Cutting Tips.

Negotiating Skills 90

Negotiating Skills Price Reduction Optimal Sourcing Cost Reduction 90

Morai Logistics

FEBRUARY 15, 2018

The supply chain and logistics industry continues to monitor the impact digitization has on current and future production, operations and the overall management of transport. InBound Logistics also speaks to the integral role AI will have in optimizing transportation management systems (TMS) to a more efficient level than in the past.

Supply Chain Software 60

Supply Chain Software Optimization Software Optimal Sourcing Modeling Software 60

GlobalTranz

JANUARY 22, 2018

In fact, Alexa is being integrated into 2018 BMWs right now, says Bernard Marr of Forbes, so manufacturers will have yet another data stream that will allow them to benefit from the power of artificial intelligence. These channels include app driven voice-activated systems, like Google Home or Amazon Echo.

Manufacturing Procurement 79

Manufacturing Procurement Supply Chain Software Trends Procurement Analytics 79

GlobalTranz

JULY 14, 2015

Take a look at how the IoT supply chain is changing the landscape in terms of equipment functionality, shipping processes, invoicing and payments, and analysis of trends. Therefore, simple factors, such as operating temperature, frequency, and hydraulic pressure, affect the efficiency of the respective machine.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

CH Robinson Logistics

FEBRUARY 18, 2022

TMS systems work with all types of freight: inbound, outbound, customer pickup, international, ocean, air, full truckload, less than truckload (LTL), rail, barge, parcel, flatbed, specialized equipment, and intermodal. The analytics and reports gives shippers visibility into their operations and spend. Challenges Faced Without TMS.

Supply Chain Planning Software 62

Supply Chain Planning Software Optimization Software Supply Chain Software Modeling Software 62

GlobalTranz

JANUARY 17, 2018

Manufacturers are looking for ways to explore new technologies, reinvent manufacturing strategy, enhance troubleshooting, bringing manufacturing closer to consumer and levy the power of intelligent tools to streamline operations and cut costs. Demand for Data Scientists Familiar with Manufacturing Will Increase.

Manufacturing Procurement 58

Manufacturing Procurement Cost Reduction Resource Reduction Trends 58

IoT World Today

JANUARY 15, 2019

Once connected, the device reads data from a wide number of vehicle sensors including engine speed sensors, oxygen sensors, voltage sensors to name just a few. Depending on the device, it transmits various types of data about how the vehicle operates and whether it faces any engine-related problem. Improved Safety on the Road.

Optimization Software 72

Optimization Software Logistics Network Optimization Software Price Reduction Expense Reduction 72

20Cube Logistics

SEPTEMBER 29, 2019

The capability to address the issues and ensure the smooth functioning of the operations helps a company to be stable and with technology raising its bar every day in supply chain management, it’s more like management by exception rather exception management. . Managing by exception is nothing but data management challenges.

Supply Chain Planning Software 40

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

GlobalTranz

MAY 25, 2018

The Problem: Warehouses Lacking IoT-Based Technologies Lose Opportunities The cost for internet connectivity is decreasing, but some warehouses, operating on legacy systems, are still using paper-based processes. As the storage space of data has fallen, warehouse managers ’ rationale for avoiding IoT technologies has become even more archaic.

Inventory Reduction 50

Inventory Reduction Supply Chain Planning Software Inventory Supply Chain Software 50