FreightWaves SONAR

JANUARY 11, 2021

And the transportation and shipping industry has a choice to make – to take advantage of trucking data or to ignore it, continuing as before. . Access to data and proper analysis are both essential to maximize profits and reduce costs. Real-time trucking data helps to secure more capacity and better shipping rates.

Data 59

Data Capacity Optimal Sourcing Trucking 59

Parade

MARCH 18, 2019

Starting with Location Data Creating a carrier system of records and intelligence system will be the first step towards freight brokerage digitization. Brokerages must think of an alternative data source outside of tribal knowledge to procure high quality and profitable carrier capacity.

Optimal Sourcing 84

Optimal Sourcing Data Capacity Price Reduction 84

FreightWaves SONAR

MARCH 9, 2021

H aving access to real-time freight data and being able to make good use of it is essential for global trade and maritime shipping. Global retailers use data to understand lead time Successful supply chain operation at any stage hangs on the ability to stay on top of shipping and transport logistics. Request a SONAR Demo.

Supply Chain Planning Software 98

Supply Chain Planning Software Scenario Planning Data Optimal Sourcing 98

GlobalTranz

OCTOBER 16, 2015

, at Cerasis, we know a thing or two about the nuances of LTL procurement. LTL procurement is something we do very well. So we thought we would impart upon all the shippers out there some tips on how to reduce overall costs for effective LTL Procurement. 10 LTL Procurement Cost Cutting Tips.

Negotiating Skills 90

Negotiating Skills Price Reduction Optimal Sourcing Cost Reduction 90

Logistics Viewpoints

NOVEMBER 6, 2023

Suppliers are facing increasing pressure from the buyers of their goods and services to report their environmental, social, and governance data. Increasingly, EcoVadis is becoming known as the go to organization to help corporations accelerate this journey to collect upstream supplier environmental, social, and governance data.

Supply Chain Planning Software 134

Supply Chain Planning Software Resource Reduction Material Savings Procurement Analytics 134

Ship Monk

APRIL 5, 2024

The fact is, most business owners think of procurement as nothing more than a transactional relationship. The process involves collecting quantitative and qualitative data concerning vendor-provided goods and services, and analyzing this data for opportunities to improve (or reasons to end) the relationship. If so, good on you!

Negotiate Pricing 82

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 82

Freightos

NOVEMBER 7, 2023

More Resources Home November 7, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe weekly prices fell 2% to $4.21/kg.

Negotiating Skills 112

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 112

CLX Logistics

DECEMBER 1, 2022

Here are our expert tips for strengthening your operations in preparation for a potential recession through more intelligent budgeting and reevaluated data-driven operation improvements. CLX Logistics’ procurement team will find the most efficient custom-fit solution for your freight. Tip 1: Save with Benchmarking.

Tips 52

Tips Logistics Network Optimization Software Optimal Sourcing Manufacturing Procurement 52

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. The cloud also allows access to Big Data, which greatly improves the platform’s ability to do machine learning. Coupa meets this definition.

Supply Chain Design Software 121

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 121

Transporeon

NOVEMBER 12, 2017

Though reducing year-over-year freight spend was an important objective, the ability to obtain data to show that the company was paying market rate was equally as important. Ocean freight data Gathering the data associated with shipping multiple products from 43 factories over 6,000 shipping lanes into a manageable form was a challenge.

Manufacturing Procurement 48

Manufacturing Procurement Negotiating Skills Procurement Freight 48

Logistics Viewpoints

APRIL 3, 2023

Aera is using data crawlers to crawl across billions of rows of transactional data on a monthly basis. This is combined with data from external sources on weather, logistics lead times, and sustainability performance. These crawlers never stop working. Allocation is a good example of this.

Supply Chain Planning Software 151

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 151

Logistics Viewpoints

AUGUST 9, 2022

For months, retailers have been stockpiling massive amounts of goods to meet surging consumer demand, and compensate for ongoing supply and logistics issues. Inbound/procurement teams could view SKUs at facilities with low days of supply, and drill into orders in the yard with low SKUs. All aboard.

Inventory Reduction 135

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 135

GlobalTranz

JULY 28, 2021

True optimization applies data to ensure all decisions and processes are carried out to their fullest potential. Leveraging data for continuous improvement makes transportation optimization more synonymous with managed transportation. Transportation optimization can occur at a network level and an execution level.

Optimal Sourcing 126

Optimal Sourcing Optimization Software Optimization Supply Chain Design Software 126

Conger

MARCH 28, 2024

Technologies like artificial intelligence continue to enhance these capabilities to become more attractive and allow new visualizations and data collection standards. Telematics collect and transmit vehicle speed, mileage, and fuel consumption data, while GPS allows precise location tracking.

Optimization Software 73

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 73

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Supply chain planning involves interaction with different types of information based on internal and external data sources. These data sources are often spread across multiple platforms and come in various formats.

Supply Chain Planning Software 157

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 157

Globalior

JUNE 26, 2020

Most customer service teams also meet daily to plan deliverables for the day, these calls are very effective when done in person but are not necessarily ineffective when done over teleconferencing. Data Analysis: Some data analysts will do well working from home.

Supply Chain Planning Software 52

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

Logistics Viewpoints

MARCH 17, 2022

According to data from a recent research survey, the following were on top of the supply chain headaches not addressed by their current systems: Supply shortages due to supplier’s inability to meet expected performance targets. 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

GlobalTranz

OCTOBER 6, 2021

Finding carriers that meet specific needs and help the company reach supply chain goals provides a competitive advantage within the marketplace. Regardless, there’s a few other ways that more technology and strategic partnerships can add value, particularly in terms of data and centralized freight management. .

Optimal Sourcing 86

Optimal Sourcing Optimization Software Modeling Software Supply Chain Software 86

Stord

JANUARY 26, 2021

This assembly of off-the-shelf and custom logistics services and technology tools leaves the traditional supply chain extremely fragile and without the agility to keep up with demand or the visibility to make data-driven decisions in real time.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Modeling Software Logistics Network Optimization Software 78

CLX Logistics

DECEMBER 1, 2022

You have to meet specific regulatory requirements and effectively manage safety and security concerns regarding hazardous materials while minimizing costs. Do: Focus on Data. Data is essential when optimizing logistics capabilities and a vital part of any transportation management effort.

Supply Chain Planning Software 81

Supply Chain Planning Software Optimization Software Optimal Sourcing Logistics Network Optimization Software 81

FreightWaves SONAR

JANUARY 26, 2021

Freight load balancing means capturing the data needed to make proactive decisions regarding where to send trucks, which moves have the strongest profitability opportunities, and when to reject a tender based on that data. Carriers need balancing to meet market capacity demands. Defining freight load balancing.

Price Reduction 78

Price Reduction Cost Reduction Waste Reduction Optimal Sourcing 78

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. Good serves as an advisor, consultant, influencer, and evangelist for all things procurement.

Supply Chain Design Software 195

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

EazyStock

AUGUST 9, 2022

With accurate demand forecasting information, inventory managers can set optimal stock levels to meet demand while keeping costs to a minimum. This software enables procurement managers to forge close links with their suppliers and manage the whole procurement process. Real-time tracking.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Optimal Sourcing Procurement Solutions 52

GlobalTranz

JUNE 23, 2021

Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. Data-driven planning. We leverage data across a wider network to understand trends within rate fluctuation and available capacity, and identify opportunities for consolidation.

3PL 101

3PL Transportation Supply Chain Planning Software Supply Chain Software 101

SYSPRO Smarter ERP

JANUARY 19, 2022

Although it’s easy to attribute these difficulties to the Covid-19 pandemic, there is far more to the current crisis than first meets the eye. Use data to improve operations. To assist with the short-term solution, the answer is an extensive data-gathering exercise. Factors affecting the supply chain. The pandemic.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 105

Conger

APRIL 1, 2024

This strategy contrasts with predictive maintenance, which relies on real-time data to predict when a machine might fail. Predictive Maintenance Predictive maintenance takes things further using data analysis tools and techniques like vibration analysis and thermal imaging.

Material Savings 82

Material Savings Expense Reduction Resource Reduction Cost Reduction 82

Talking Logistics

MAY 14, 2019

Finished products have high ratios (average 50%) of sourced or procured product content. Ensuring receipt of Certificate of Analysis (CoA) and other regulatory compliance documentation has made digitization a requirement for customer service, audit management, and compliance.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 97

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

GlobalTranz

SEPTEMBER 23, 2021

Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. ? A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. Enabling Data-Driven Decision-Making. ?Access Access to real-time data and the ability to perform real-time analysis ?enables

Optimal Sourcing 123

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

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. The main lack of talent is in middle management, especially in big data analytics and supply chain planning, where the shortage is around 54%. Do you want to be managing people?

Supply Chain Planning Software 115

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

CLX Logistics

AUGUST 17, 2022

When implementing a transport management system to manage your chemical logistics, make sure the system you choose includes: Complete visibility across all modes of transportation from procurement to delivery, including order management and warehouse management. Optimization tools to reduce costs and meet delivery targets.

Optimal Sourcing 52

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

FreightWaves SONAR

JUNE 1, 2023

At its annual Investment Community Meeting in April in Tampa, Florida, Walmart’s management team took the opportunity to lay out an ambitious transformation of its supply chain. As management reminded Wall Street at its Investment Community Meeting down in Tampa: Everyday Low Prices are only enabled by Everyday Low Costs. Walmart U.S.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Negotiating Skills Supply Chains 52

Talking Logistics

APRIL 25, 2019

For companies to meet the rising demand for direct-to-consumer orders, MHE offerings must become more innovative. In fact, some competitors are even collaborating to operate local distribution centers to share the financial burden of meeting individual orders. Businesses are creating dashboards to analyze crucial fleet services data.

Materials Handling 61

Materials Handling Supply Chain Planning Software Modeling Software Material Savings 61

FreightWaves SONAR

FEBRUARY 11, 2021

The logistics of dropshipping sees a renewed focus Shippers still struggling with direct to customer shipping channels will continue to experience problems in meeting the demands of e-commerce for the foreseeable future. And it has opened new channels for capacity procurement. It’s that simple.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 98

Blue Grace Logistics

JULY 21, 2020

You need to pick up the pace and ensure that your processes are leaner, faster, and you are equipped to meet your customer’s expectations. The data and analytics gathered during the measure phase is instrumental to a proper understanding of your operations. Now, more than ever is a time for action. Putting it into Action.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Cost Reduction Supply Chain Software 62

Turvo

JUNE 10, 2021

To thrive in this new environment, businesses must adapt and make changes to quickly meet their customers’ wants and needs and avoid poor customer experience and loss of ROI and profits. Poor Transparency and Inefficient Procurement Results in Longer Transit and Higher Fuel Surcharges. Limited Visibility May Lead to Out-of-Stocks.

Supply Chain Software 58

Supply Chain Software Supply Chains Inventory Reduction Waste Reduction 58

Logistics Bureau

AUGUST 1, 2022

Often, in our experience, the problem is a human one… It’s not the data, not the process, not the technology, or the strategy, but the people. Pundits typically emphasize data and digital technology when proselytising for the S&OP concept. The second is the executive meeting , attended by the executive sponsor (see below).

Supply Chain Planning Software 104

Supply Chain Planning Software Scenario Planning Operations Supply Chain Design Software 104