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

EazyStock

MARCH 9, 2021

What is ABC Analysis? ABC inventory analysis is a method used to classify a business’s stock items into three categories – A, B and C, based on their value to the business. 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.

Analysis 83

Analysis Inventory Optimization Software Procurement Solutions 83

Logistics Business Magazine

MARCH 20, 2023

A new white paper from a supply chain consultancy suggests retailers are too fragmented in their approach to determining their Costs-To-Serve (CTS) and should instead adopt CTS analysis as a core, business-critical initiative for informing future decisions and direction. “In More acutely, do you know what margin you are making?

Supply Chain Planning Software 56

Supply Chain Planning Software Supply Chain Software Cost Reduction Logistics Network Optimization Software 56

Fleet Owner

NOVEMBER 21, 2019

In order to identify savings opportunities and reduce expenses in the long term, you need insight into your spend that goes beyond general knowledge. A spend analysis is the most effective wa Do you know exactly where your business is spending money?

Analysis 94

Analysis Expense Reduction Ordering 94

Logistics Management

MAY 7, 2020

Preliminary North American Class 8 truck orders saw steep declines, driven on by the impact of COVID-19, or coronavirus, according to recent data issued respectively freight transportation consultancy FTR and ACT Research, a provider of data and analysis for trucks and other commercial vehicles.

Ordering 74

Ordering Trucking Analysis Data 74

3PL Links

DECEMBER 3, 2023

Predictive Analysis in Logistics and Supply Chain: How to Apply | Image source: Pexels In logistics, predictive analysis is simply the process of identifying and forecasting patterns, trends, and behaviors in both human and machine learning approaches, data, and algorithms. This ratio increased to 54% in 2022.

Supply Chain Planning Software 48

Supply Chain Planning Software Optimal Sourcing Analysis Supply Chain Software 48

Dedola Global Logistics

MAY 1, 2024

Landed Cost Analysis For informed decision-making, a clear understanding of import costs is essential. DGL’s in-depth landed cost analysis provides full visibility into the total cost of your shipments, encompassing tariffs, taxes, and additional fees. Purchase Order Management Efficiency is key in managing your purchase orders.

Procurement Solutions 97

Procurement Solutions Manufacturing Procurement Purchasing Skills Sourcing Strategies 97

MTS Logistics

JUNE 6, 2022

For the month of April 2022, South Korean shipbuilders saw the most ship orders since 2016. However, the largest market share for shipbuilding still is in China, where there were 45 new ship orders, for a total of over 1.5 million tons. Compared to China, that is approximately half the total demand seen between both countries.

Ordering 89

Ordering Analysis Government Industry 89

EazyStock

JANUARY 31, 2022

Inventory Management KPIs for Effective Inventory Analysis. Lots of activities, processes and people are involved in ordering, receiving, storing, picking and shipping items with the ultimate aim of keeping customers happy with the correct orders that are on time. Managing inventory is a complex business.

Inventory Reduction 52

Inventory Reduction Inventory Analysis Optimization Software 52

MTS Logistics

MAY 27, 2022

Carriers report strong demand on transpacific trade as some lines now restrict contracted businesses they once committed to, in order to accommodate current spot cargo. The post Global Logistics Market Analysis: 2022 Summer Edition appeared first on More Than Shipping. However, the efforts to slow down inflation in the U.S.

Global logistics 83

Global logistics Analysis Negotiate Pricing Negotiating Skills 83

Freightos

DECEMBER 20, 2022

Well, an analysis of US import container volumes 1 as a share of consumer spending 2 in 2021 and 2022 to date implies that every $1,000 in ocean freight costs per forty-foot container accounts for 0.09% of personal consumption expenditures each year. By June of this year, the CPI was increasing at an annual rate of 9%, or 4.5X

Purchasing Skills 62

Purchasing Skills Analysis Cost Reduction Freight 62

247 Customs Broker

JUNE 15, 2020

Even SMEs can now benefit from modular automation,… The post Logistics Manager Analysis: The future of order picking… time to rent a robot? Flexibility is vital for successful picking operations, so scalable systems are on the rise, writes Johanna Parsons. appeared first on 24/7 Customs Broker News.

Analysis 36

Analysis Picking Ordering Logistics 36

FreightWaves SONAR

DECEMBER 15, 2020

A freight spend analysis can help cut those extra costs. Performing a freight spend analysis reveals extra costs deriving from unforeseen issues. Let’s look at a few best practices and steps to conduct a comprehensive, insightful cost analysis. Know the scope and value of a freight spend analysis.

Analysis 59

Analysis Procurement Analytics Optimization Software Optimal Sourcing 59

Logistics Management

JUNE 5, 2020

Coming off of a month that saw Class 8 truck orders at its lowest level in years, preliminary North American Class 8 truck orders in May saw improvement compared to April but still remain at a low level, according to data issued respectively this week by freight transportation consultancy FTR and ACT Research, a provider of data and analysis for trucks (..)

Ordering 85

Ordering Analysis Data Trucking 85

Logistics Management

JANUARY 6, 2020

Preliminary North American Class 8 orders were stable in December, according to data issued respectively this week by freight transportation consultancy FTR and ACT Research, a provider of data and analysis for trucks and other commercial vehicles.

Ordering 76

Ordering Trucking Analysis Data 76

247 Customs Broker

JUNE 15, 2020

Even SMEs can now benefit from modular automation,… The post Logistics Manager Analysis: The future of order picking… time to rent a robot? Flexibility is vital for successful picking operations, so scalable systems are on the rise, writes Johanna Parsons.

Analysis 36

Analysis Picking Magazine Ordering 36

ShipLilly

FEBRUARY 12, 2021

Chinese factories are facing challenges of meeting excessive orders that are way beyond their current capacity. The average spot rates and contract rates are continuing to rise according to Alan Murphy of Sea-Intelligence Maritime Analysis. The post Analysis on 2021 Container Shipping Delays appeared first on ShipLilly.

Analysis 105

Analysis Manufacturing Procurement Purchasing Skills Price Reduction 105

EazyStock

FEBRUARY 18, 2020

What is Economic Order Quantity (EOQ)? Economic order quantity (EOQ) concerns the most cost-efficient method of ordering stock. The objective is to find the order quantity that minimizes the total inventory holding costs and ordering costs. Ordering costs are the costs that arise every time inventory is ordered.

Ordering 95

Ordering Purchasing Skills How To Inventory 95

EazyStock

JUNE 18, 2019

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

Analysis 51

Analysis Inventory Reduction Inventory Procurement Solutions 51

GlobalTranz

NOVEMBER 8, 2018

This creates a major problem for managing e-commerce fulfillment when orders spike and shippers need to understand how data analysis may help. Data Analysis Enhances E-Commerce Forecasts and More Take a moment to consider what goes into managing e-commerce fulfillment. Order picking accuracy. Order volume.

Analysis 60

Analysis Data Supply Chain Software Optimization Software 60

MTS Logistics

MARCH 7, 2022

In politics, it can of course be necessary at times to portray events as relatively simple in order to reach a wider audience. The post Analysis: Why the Biden Administration is Not Being Honest About Supply Chain Issues appeared first on More Than Shipping. President Joe Biden’s State of the Union address last week.

Supply Chains 102

Supply Chains Analysis Industry Study 102

Material Handling and Logistics

NOVEMBER 6, 2018

Using RFID, companies can triple their order accuracy and reduce chargebacks. percent order accuracy. percent order accuracy. The study will continue with a Phase 2 analysis that will investigate the causes of errors, the consequences of work-arounds and additional use cases for traceability and authenticity.

RFID 114

RFID Ordering Inventory Reduction Supply Chain Software 114

Locus

JUNE 16, 2023

A recent analysis by the American Trucking Associations (ATA) indicates that if existing trends persist, we could see a potential driver shortage reaching up to 175,000 by 2024. Among these, clothing retailers had the highest percentage, with 88% of consumers opting to return their orders.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

MTS Logistics

FEBRUARY 17, 2023

The post HMM Orders New Methanol-Fueled Vessels Worth $1.12 HMM said that the green shipping corridors between Busan in Korea and key ports in the U.S. are also one of the potential routes to operate the new ships. With this move, HMM showed how serious they are on their goal to achieve net-zero carbon emissions across its fleet by 2050.

Ordering 79

Ordering Strategy Industry Operations 79

EazyStock

JUNE 18, 2019

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

Analysis 40

Analysis Inventory Reduction Inventory Procurement Solutions 40

MTS Logistics

NOVEMBER 26, 2021

To all procurement and logistics specialists, how many of your daily emails pertain to purchase orders? Many companies have not automated this fundamental Purchase Order operation. Automation of purchase orders is an important first step to a digital transformation. Specifications on a Purchase Order (PO): PO Number.

Purchasing Skills 78

Purchasing Skills Procurement Analytics Purchasing Negotiate Pricing 78

GlobalTranz

MARCH 24, 2015

Given that our proprietary TMS, the Cerasis Rater , provides multiple reports, giving our shippers’ many insights, this post is quite appropriate, just like getting the data that is meaningful , in order to make the best decisions for your business possible. . Profits Need More than Benchmarking in your Transportation Cost Analysis.

Purchasing Skills 94

Purchasing Skills Cost Reduction Analysis Procurement Analytics 94

The Logistics of Logistics

MAY 17, 2023

Their platform not only provides highly accurate buy rates but also offers sell price suggestions based on comprehensive data analysis. By leveraging comprehensive data analysis, Greenscreens.ai Through the utilization of advanced machine learning techniques and big data, Greenscreens.ai Greenscreens.ai

Supply Chain Design Software 332

Supply Chain Design Software Logistics Network Optimization Software Optimization Software Negotiating Skills 332

NGT News

JUNE 26, 2019

Environmental Protection Agency (EPA) to update what they call an “outdated” environmental analysis on ethanol in order to improve foreign sales opportunities. Senators Urge EPA to Update Environmental Analysis on Ethanol appeared first on NGT News. The senators […]. The post U.S.

Analysis 40

Analysis Groups Ordering 40

EazyStock

FEBRUARY 18, 2020

What is Economic Order Quantity (EOQ)? Economic order quantity (EOQ) concerns the most cost-efficient method of ordering stock. The objective is to find the order quantity that minimizes the total inventory holding costs and ordering costs. Ordering costs are the costs that arise every time inventory is ordered.

Ordering 52

Ordering Purchasing Skills How To Inventory 52

MTS Logistics

SEPTEMBER 10, 2021

Determining the supply is a big challenge as carriers might order too many vessels depending on current favorable conditions and face a bitter reality when there is an economic crash. Then, shipping companies’ new vessel orders were as much as 50 percent of their existing fleet. million TEUs were ordered back then.

Ordering 73

Ordering Capacity Maritime Freight 73

Logistics Viewpoints

FEBRUARY 8, 2024

The models offer prescriptive analytics, leveraging data on order history, batching and pathing patterns, and warehouse layout to recommend optimal slotting strategies. They learn the spatial characteristics of the DC, and predict task time based on activity-level data captured in the DC.

Optimization Software 144

Optimization Software Modeling Software Efficiency Inventory Reduction 144

Blue Grace Logistics

JUNE 2, 2020

While there were a few months during the year where orders for heavy-duty trucks peaked – although not as high as the previous two years, it was all in all a slow year for the industry. . According to the report: during the year there were 179,000 orders for Class 8 trucks. How bad is the situation? What’s the impact?

Inventory Reduction 62

Inventory Reduction Ordering Trucking Cost Reduction 62

CH Robinson Logistics

MARCH 28, 2017

Company ABC engaged with their 3PL’s supply chain engineer team, who performed a network optimization analysis and made a final recommendation to eliminate 20 of the warehouse locations. Is network analysis a good fit for your company? Well, that depends on what your analysis unveils. The result? Change what?

Supply Chain Software 48

Supply Chain Software Analysis Supply Chains Networks 48

Supply Chain Brain

APRIL 20, 2022

Texas’s economy took a more than $4 billion hit in April after Governor Greg Abbott’s order to ramp up on security at the border resulted in shipping delays and bridge blockades, according to a new analysis.

Analysis 98

Analysis Security Ordering 98

Logistics Viewpoints

DECEMBER 12, 2023

The rise of e-commerce has led to higher volumes of smaller orders that need to be fulfilled and shipped individually. Volatile demand means warehouses need to pivot quickly when order volumes change. It matches labor, equipment, and other resources accurately with order volumes, in real time. The result?

Supply Chain Planning Software 168

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

Logistics Viewpoints

MAY 13, 2024

This technology allows businesses to unify their procurement, expense management, invoicing, payments, sourcing, contract management, and spend analysis processes and reporting. This solution provides for purchase order collaboration. Coupa’s BSM platform is based on a public cloud that connects 3500 buyers to ~10 million suppliers.

Procurement Solutions 127

Procurement Solutions Modeling Software Procurement Analytics Logistics Network Optimization Software 127