FreightWaves SONAR

MARCH 2, 2021

From a financial standpoint, transportation cost analysis remains focused on determining the value of the resources used to execute a given shipment and goes well beyond benchmarking. Moreover, this kind of analysis does not focus on who ends up paying which expenses in the end. The challenges of limited transportation cost analysis.

Analysis 98

Analysis Price Reduction Cost Reduction Supply Chain Planning Software 98

MTS Logistics

APRIL 26, 2023

However, importers can significantly enhance their supply chain’s efficiency and reduce costs, while also improving customer satisfaction and increasing profitability by implementing several essential strategies. Leveraging the power of data, importers can make informed decisions about their supply chain and achieve better results.

Inventory Reduction 76

Inventory Reduction Waste Reduction Cost Reduction Supply Chain Planning Software 76

3PL Links

MAY 9, 2024

Smart warehousing is a sophisticated inventory management approach that maximizes the transportation, storage, and distribution of goods and materials within the company by utilizing data analytics and state-of-the-art technologies. This makes it possible to spot trends, estimate demand more precisely, and optimize storage operations.

Warehousing 48

Warehousing Optimal Sourcing Inventory Reduction Expense Reduction 48

SYSPRO Smarter ERP

JANUARY 23, 2023

Reporting requires businesses to collect and track data on their ESG performance and report this information in a transparent and consistent manner. This involves implementing processes and systems for collecting and reporting on data, and some businesses may need to ensure that the information is verified by a third party.

ERP 111

ERP Waste Reduction Optimal Sourcing Supply Chain Planning Software 111

GlobalTranz

OCTOBER 24, 2016

Patrick gives us some insight into workplace efficiency and how to reduce waste. . The lean concept, itself, is a strategy created to simplify, organize and optimize a working environment. Targeting Workplace Efficiency and Reducing Waste . Lean manufacturing surrounds two factors: workplace efficiency and wasteful processes.

Waste Reduction 99

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction 99

EazyStock

JUNE 23, 2022

What is big data? All successful businesses use data to develop strategies and review their outcomes. But as the number of systems being used increases, the amount of data available for consumption and analysis grows exponentially. Unstructured data isn’t as accessible to search or export and is often text-heavy.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Supply Chain Planning Software 52

Conger

APRIL 1, 2024

Continue reading to learn more about this essential strategy to ensure your equipment performs optimally at all times. Introduction to Maintenance Strategies In industries such as Manufacturing, Distribution, Food Processing/Storage, Paper, Packaging, and Lumber, equipment efficiency is not just an operational goal but a necessity.

Material Savings 82

Material Savings Expense Reduction Resource Reduction Cost Reduction 82

3PL Links

APRIL 5, 2024

When implemented properly, this strategy improves customer satisfaction, lowers expenses, and strengthens the company’s position in the market. It goes beyond simply being an operational strategy. This is one of the logistics strategies that needs to be reinforced the most going forward.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Sourcing Strategies 48

Logistics Bureau

OCTOBER 9, 2023

Quality and Detail of Data and its Analysis In some of our earlier posts, we’ve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It would be folly not to take advantage of data availability and accessibility.

Supply Chain Design Software 90

Supply Chain Design Software Supply Chain Design Distribution Networks 90

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

3PL Links

DECEMBER 28, 2023

The three trends we shall discuss below show that one of the main goals of businesses going forward will be to enhance the level of technological maturity by achieving more integration and intelligence in the use of data. Big data and analytics Big Data and analytics are taking center stage in a vast ecosystem of logistical data.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Sourcing Strategies Trends 48

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

3PL Links

APRIL 23, 2024

Artificial intelligence lowers waste and losses in the supply chain by automating procedures. inventory management helps the company not lose sales, prevents/reduces waste, and reduces expenses. Artificial intelligence is being used by enterprises in the modern day to establish more efficient delivery strategies.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 48

GoShip Blog

JANUARY 31, 2024

Many complexities come with heavy equipment hauling, and there are several common challenges and strategies employed to address these hurdles. Effective strategies, including meticulous planning, safety adherence, and environmental responsibility, are key to overcoming these obstacles.

Waste Reduction 52

Waste Reduction Cost Reduction Resource Reduction Material Savings 52

Logistics Viewpoints

FEBRUARY 23, 2024

Infor, because of Infor Nexus transportation and visibility solution, has excellent data on global shipping. Currently, much of the revenue comes from data center sales. Bank of America data suggests the inventory/sales ratio could be close to levelling off. Nvidia’s explosive growth continues. They reported revenue of $22.1

Supply Chain Planning Software 149

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 149

GlobalTranz

MAY 1, 2018

Data-driven analytics enables you to make cost-effective transportation decisions. However for most shippers, parcel spend is poorly understood because shipping data is often locked up in point solution silos, such as carrier-provided systems and websites, in a variety of different formats. But no longer.

Procurement Analytics 61

Procurement Analytics Optimal Sourcing Data Sourcing Strategies 61

Trinity Logistics

JULY 6, 2021

How much time is being wasted across your organization with overwhelming manual processes? The bottom line is this is a reactive strategy focused on individuals’ tasks. Are your current strategies effective? While a siloed strategy may have made sense for you at one point, companies grow and change. Can they be measured?

Optimization Software 71

Optimization Software Optimal Sourcing Sourcing Strategies Price Reduction 71

Logistics Viewpoints

FEBRUARY 24, 2022

While, between the lines, two hours of an eight-hour day get “wasted” on non-productive tasks. Why not take all the detail you gain from your WMS and overlay that data onto a labor management system to gain a richer perspective on what’s really happening in your warehouse? Getting the Most Out of the Data.

Supply Chain Planning Software 126

Supply Chain Planning Software Waste Reduction Cost Reduction Price Reduction 126

3PL Links

FEBRUARY 11, 2024

Read also: How to Protect Supply Chain from Cyber Attacks Understanding Reverse Packaging Logistics Reverse packaging logistics is a crucial part of environmentally conscious waste management since it maximizes the life cycle of packaging materials while reducing its negative effects on the environment.

Sourcing Strategies 48

Sourcing Strategies Waste Reduction Resource Reduction Expense Reduction 48

Logistics Business Magazine

MAY 18, 2023

Say goodbye to wasted resources and embrace a more efficient and sustainable approach to yard management. By providing real-time data analysis and performance metrics, businesses gain insights into their yard operations, identify areas for improvement, and implement data-driven strategies.

Waste Reduction 36

Waste Reduction Cost Reduction Resource Reduction Supply Chain Software 36

FreightWaves SONAR

MARCH 4, 2021

All of these challenges potentially create waste in your supply chain. That’s where data analytics comes in.” Gaining in-depth insights and current data about the supply chain, load statuses, and consumer demands can make it easier for enterprise sippers to adjust and plan.

Price Reduction 97

Price Reduction Cost Reduction Expense Reduction Waste Reduction 97

Ship Monk

FEBRUARY 24, 2024

In other words: Whatever inventory system and distribution strategy you go with, you want to order enough but not excess. 3 Go Green, Green Ecommerce That Is There is a stigma that implementing green ecommerce strategies can hurt your ecommerce brand’s budget.

eCommerce 89

eCommerce Inventory Reduction Tips Waste Reduction 89

3PL Links

FEBRUARY 14, 2024

Effective logistics planning is becoming more than simply a strategy; in 2024, it will be essential to a company’s success. Given these challenges, it seems sensible to factor in the deployment of WMS and OMS systems in your logistics strategy for 2024. Once more, the WMS system may hold the key to overcoming this obstacle.

Supply Chain Planning Software 48

Supply Chain Planning Software Scenario Planning Optimal Sourcing Sourcing Strategies 48

FreightWaves SONAR

JANUARY 26, 2021

Supply chain leaders continue to focus their efforts on finding the right mix of assets used, market positioning and carrier freight pricing strategies. When the freight market meets expectations and is less volatile, it is easy for shippers and carriers to not look at inefficient processes or their transportation procurement strategy.

Price Reduction 78

Price Reduction Cost Reduction Waste Reduction Optimal Sourcing 78

Turvo

FEBRUARY 4, 2021

According to Trucks.com , “While commercial truck fleets can competently operate hundreds to thousands of vehicles, collecting and interpreting truck data is still a new process for many. Fleets typically lack the tools and resources needed to properly monitor and analyze the volume of data they receive to make critical decisions.”

Efficiency 52

Efficiency Resource Reduction Waste Reduction Cost Reduction 52

FreightWaves SONAR

DECEMBER 3, 2020

Shippers also need a way to look beyond the enterprise’s four walls to understand waste. Wasted warehouse space leads to higher overhead. For example, just-in-time fulfillment models, drop-shipping, and cross-docking avoid wasted space. Collaboration means parties must share data in real-time. Insight in lead times.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Software Modeling Software Logistics Network Optimization Software 76

Log-hub

JANUARY 3, 2024

These advancements signify a paradigm shift, leveraging data-driven decision-making and automation to redefine the efficiency and future trajectory of supply chains. These challenges carry worries about cybersecurity, data privacy, and the requirement for significant initial investments. The global Industry 4.0

Supply Chain Planning Software 40

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

FreightWaves SONAR

FEBRUARY 18, 2021

Many asset-based carriers utilize freight broker and data technology to recruit truck drivers and reel in new talent. And it’s critical to know how carriers can tap data and analytics technology to boost driver morale and attract more talent. . An obvious perk, technology reduces the time wasted on handwritten paperwork.

Waste Reduction 97

Waste Reduction Trucking Freight Optimization Software 97

Talking Logistics

MAY 14, 2019

Commercialization strategies evolve, supply chains expand, and production rates accelerate. Addressing this challenge, executives are rethinking their business models and strategies to improve product quality and avoid issues surrounding test results, material specifications, non-conformances, recalls, and supplier corrective action requests.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 98

Forto

JULY 25, 2018

Few topics hold the prestige of logisticians like Big Data. The applications of Big Data in business are numerous. In freight management, Big Data yields opportunities for improvement. The reason behind the application of data is immense. The ways we collect data has evolved too. Why Is Big Data Important?

Supply Chain Planning Software 40

Supply Chain Planning Software Data Optimization Software Optimal Sourcing 40

Automotive Logistics

APRIL 30, 2018

Since Toyota first pioneered its innovative Lean production system in the 1930s, the automotive industry has been a trailblazer in developing data-driven strategies to optimise manufacturing processes. Historically, a lack of data has limited the extent to which supply chain managers could implement data-driven strategies.

Supply Chain Planning Software 58

Supply Chain Planning Software Supply Chain Software Waste Reduction Cost Reduction 58

Locus

APRIL 3, 2023

Logistics management utilizes advanced technology and data analysis to optimize logistics processes and enable informed decision-making. Effective inventory management is important for ensuring that the right products are available at the right time and in the right quantity, minimizing waste and controlling costs.

Optimal Sourcing 52

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

Ship Monk

FEBRUARY 29, 2024

As much as we’d like to think that ecommerce is taking over the world, it still only accounts for around 21% of retail sales according to a 2023 Digital Commerce 360 analysis of U.S. Your customers feel better about choosing a more sustainable option, and your business reduces waste and CO 2 emissions. Department of Commerce figures.

eCommerce 87

eCommerce Inventory Reduction Waste Reduction Cost Reduction 87

Logistics Business Magazine

DECEMBER 16, 2021

According to data compiled by McKinsey and the CDP a few years ago, most greenhouse gas emissions come from consumer-driven companies and e-commerce shipping, which account for approximately 33Gt of CO2 annually. Reliance on real-time data and analysis. The top causes of GHG emissions. How do you reduce your Scope 3 emissions?

Waste Reduction 58

Waste Reduction Vendor Strategies Cost Reduction Resource Reduction 58

3PL Links

OCTOBER 24, 2023

By periodically gathering data on this KPI, your business can gain visibility into how close you are to meeting your performance benchmarks, where there is room for improvement, and how to structure a more efficient process within the supply chain, preventing waste of materials, time, and money.

Supply Chain Software 48

Supply Chain Software Supply Chains Optimization Software Optimal Sourcing 48

Automotive Logistics

FEBRUARY 8, 2019

Transformation strategy. To do that CHEP launched its ‘Be a Transformer’ strategy in June 2018 and Gilder says the company has made significant progress. “As We knew we had to change the culture first before we could implement any kind of strategy,” says Gilder. “We The strategy has already had tangible results.

Cost Reduction 28

Cost Reduction Waste Reduction Expense Reduction Inventory Reduction 28

FW Logsitcs

FEBRUARY 5, 2024

The emergence of these specialized warehouses allows customized storage and distribution strategies tailored to product characteristics like shelf life, sensitivity, and turnover velocity. It also provides a critical chain of custody data. If you need temperature-controlled warehouse logistics, look to FW Logistics.

Supply Chain Design Software 52

Supply Chain Design Software Optimization Software Optimal Sourcing Supply Chain Software 52