Logistics Bureau

AUGUST 2, 2021

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. For example, every purchase order costs money to raise and process, as does every invoice. 7 Procurement KPIs You Should be Using. Supplier Defect Rate.

Procurement Analytics 117

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 117

FreightWaves SONAR

DECEMBER 3, 2020

For example, just-in-time fulfillment models, drop-shipping, and cross-docking avoid wasted space. For example, market conditions show shippers’ rate trajectories. That includes compliance with the inbound freight routing guide and outbound activities. An inbound routing guide may need extra sign-offs for delivery after-hours.

Supply Chain Planning Software 76

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

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

The adoption of digital strategies is a major feature of new strategies that manufacturers are planning. Running a warehouse as a silo, for example using a spreadsheet, will not help sales when a customer asks for a quote, or the shop floor if they need to know what materials are available for a production run. Download Now.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software ERP Manufacturing Procurement 115

FreightWaves SONAR

MARCH 5, 2021

Lane Signal considers the following indices: Outbound Tender Volume Index Outbound Tender Rejection Index Headhaul Index for both origin and destination Inbound Tender Volume Index Inbound Tender Rejection Index. Here are three examples for how to use this product in real-time. Use the destination market as leverage.

Negotiating Skills 98

Negotiating Skills Modeling Software Sourcing Strategies Logistics Network Optimization Software 98

FreightWaves SONAR

NOVEMBER 19, 2020

Consider this example. However, AI can provide a pathway toward more proactive, responsive management strategies. Consider this example. . Of course, no disruption comes close to those that have been experienced to date in 2020. But that principle does allude to another issue. Thus, rates are going to continue climbing.

Supply Chain Software 105

Supply Chain Software Supply Chains Sourcing Strategies Scenario Planning 105

Ship Monk

AUGUST 22, 2022

In our eCommerce fulfillment blog we sometimes highlight industry jargon that’s essential for every entrepreneur. Whether you do or you don’t, this blog can help finetune your understanding of what SKUs can be utilized for, how to use them to grow your business , and best practices for this crucial part of inventory management.

Inventory Reduction 52

Inventory Reduction eCommerce Inventory 3PL 52

GoShip Blog

DECEMBER 3, 2023

This blog post will discuss vendor compliance and why it is crucial for retailers. Increased inbound costs Another concern is inbound freight costs that arise when shippers don’t follow pre-determined routes, or when any delay occurs. What is vendor compliance? Collectively, this can cut a large piece of a company’s budget.

Vendor Strategies 52

Vendor Strategies Compliance Cost Reduction Inventory Reduction 52

GlobalTranz

SEPTEMBER 28, 2016

Editor's Note: Today's blog is by Dr. Muddassir Ahmed of muddassirism.com. In this blog he provides a simple reference guide to better yourself as a supply chain leader. Here are few examples which I used: Focus Supplier improvement results (DPPM and/or OTD with min. How to Track Performance. 50% improvement) min.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 89

FreightWaves SONAR

APRIL 19, 2021

This strategy is important, as 81% of greenhouse gases are made up of carbon dioxide, which comes from the combustion of fossil fuels like coal, natural gas and oil. For example, let’s examine a load going from Denver, Colorado to Fort Wayne, Indiana. In the SONAR chart below, you can see the average U.S.

Optimal Sourcing 52

Optimal Sourcing Cost Reduction Material Savings Sourcing Strategies 52

FreightWaves SONAR

FEBRUARY 26, 2021

Leading metrics for tracking overall and market-specific activity include: Inbound and outbound load daily change rates, like the Outbound Tender Volume Index (OTVI) in FreightWaves SONAR. Without clear insight into current activity, carriers cannot price loads effectively and will see declines in overall profitability.

Trucking 96

Trucking Price Reduction Freight Cost Reduction 96

GlobalTranz

SEPTEMBER 15, 2016

Editor's Note: This is a guest blog from our friend Greg Braun from C3 Solutions. In this blog, Greg discusses the real cost of inaction when you dont adopt new supply chain technology. BDC blog, https://www.bdc.ca/en/blog/pages/technology_opportunity_not_be_missed.aspx. en/blog/pages/technology_opportunity_not_be_missed.aspx.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Software Supply Chain Technology Supply Chains 91

FreightWaves SONAR

FEBRUARY 8, 2021

Figuring out the best strategy for managing fleet assets can be difficult at best. And a failure to ensure trucking capacity availability within one market will have a resounding effect on allocation strategies of a trucking fleet’s assets. Unlike contracted rates, the spot freight market is full of wild price swings and uncertainty.

Price Reduction 94

Price Reduction Resource Reduction Freight White Paper 94

FreightWaves SONAR

MARCH 15, 2021

In the screenshot above, you can see that the outbound and inbound stability show scores of 29 out of 100 and 21 out of 100, respectively. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions. Carriers will be able to see inbound and outbound stability on specific lanes.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

GlobalTranz

JUNE 19, 2015

For example, after 100,000 miles, you may need extensive servicing of the hydraulics on the lift. For example, reflective tape may be laid down over tapes off sections that are secured with safety bollards. For example, a walkway between offices might be open and protected only by bollards.

Tips 106

Tips Logistics Network Optimization Software After-sales Security 106

GlobalTranz

APRIL 20, 2018

For example, we have installed motion-sensor-activated lights in our facilities to save electricity. One of our most significant initiatives, for example, has been to conserve 150 tons of cardboard each year. I also manage our blog focusing on American manufacturing, plastic injection molding and STEM at [link].

Manufacturing Procurement 78

Manufacturing Procurement Waste Reduction Material Savings Cost Reduction 78

GlobalTranz

JUNE 21, 2018

For over the road modes, personnel must be allocated to provide information to carriers, request quotes, schedule freight pickup and delivery, review information from other carriers, ensure payment intervals and terms are within reason and approved limits, and manage inbound logistics as well. Inbound freight management.

How To 48

How To Modeling Software Logistics Network Optimization Software Purchasing Skills 48

GlobalTranz

SEPTEMBER 16, 2016

Editor's Note: Today's blog is a guest blog by our friends at 2 Flow. In this blog, they discuss everything you need to know about a 3PL business. Therefore, if your inbound freight delivery specifications are taken care of, 3PL has done its job! What is 3PL? There are several definitions of 3PL. These include: .

3PL 101

3PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software 101

Transporeon

SEPTEMBER 20, 2018

Demand for both outbound and inbound freight remains highest in the Southeast, Texas and Upper Midwest regions, with demand outpacing available carrier capacity. Adapt the freight allocation strategy to handle scarcity . Nearly half of U.S.

Price Reduction 101

Price Reduction Cost Reduction Resource Reduction Capacity 101

GlobalTranz

DECEMBER 15, 2016

Editor's Note: Today's blog is from our friend Derrick Rehn with FusionOps who shows us how big data analytics can benefit you in your supply chain. . One example of the competitive advantage gained with cloud involves analytics across the many data silos that make up today’s enterprise Big Data environments.

Supply Chain Software 53

Supply Chain Software Data Cost Reduction Supply Chains 53

GlobalTranz

FEBRUARY 25, 2021

For example, the reverse logistics process includes the management and the sale of surplus as well as returned equipment and machines from the hardware leasing business. Integration with Supply Chain Partners will Improve Your Return Logistics Strategy. Normally, logistics deal with events that bring the product towards the customer.

Reverse logistics 84

Reverse logistics Inventory Reduction Cost Reduction Material Savings 84

GlobalTranz

FEBRUARY 13, 2017

To meet this increased demands, more manufacturing and logistics partners are looking for ways to shorten product lifecycles through improving inventory management systems, changing shipping strategies and altering the fundamental ways products move from point A to point B. Autonomous Trucks Will Drive Logistics Forward.

Resource Reduction 82

Resource Reduction Trends Inventory Reduction Material Savings 82

GlobalTranz

MAY 18, 2017

Content marketing is a form of inbound marketing in which vendors publish digital content to attract customers who are searching for products and services like theirs. If you publish thought-provoking blog posts about industry trends , you can earn a reputation as a thought leader in the space. Take two examples under consideration.

Supply Chain Software 60

Supply Chain Software Supply Chains Vendor Strategies Resource Reduction 60

EazyStock

JUNE 21, 2022

Many more traditional supply chain strategies originated in a steadier business environment. For example, management might have been cautious about adopting cloud-based supply chain solutions due to security concerns over data breaches and loss of irreplaceable data. The future of cloud computing in supply chain management.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimization Software Modeling Software 52

GlobalTranz

MAY 17, 2017

In a blog post earlier this year, we noted how since the election, more manufactures have expressed interest in reshoring and avoiding offshoring entirely. There are real benefits of going green as well that extend beyond how politicians and the public perceive them, reports Brian Lagas of the Manufacturing Innovation Blog.

Waste Reduction 73

Waste Reduction Cost Reduction Vendor Strategies Resource Reduction 73

Logistics Problem Solving

JUNE 2, 2017

This includes both outbound and inbound freight. Many times, the shipper goes to their IT department to get the data they need to run an analysis to find out how compliant they are or to look for strategies to lower their spend. For example, a routing guide compliance problem could present itself as a carrier billing issue.

Logistics Network Optimization Software 75

Logistics Network Optimization Software Resource Reduction Cost Reduction Logistics 75

GlobalTranz

OCTOBER 11, 2017

Therefore, shippers must be able to control to blend last mile with other shipping strategies. However, consumers’ experiences are the cornerstone of successful last mile delivery logistics, and shippers need to revolutionize their last mile delivery logistics strategy to meet these expectations.

Cost Reduction 56

Cost Reduction Resource Reduction Price Reduction Logistics Network Optimization Software 56

GlobalTranz

FEBRUARY 2, 2015

In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Distributors will inbound to a manufacturer the inventory needed and transportation management, especially inbound freight management, efficiency is paramount to an effective vendor managed inventory model.

Vendor Strategies 94

Vendor Strategies Inventory Reduction Modeling Software Inventory 94

GlobalTranz

JUNE 6, 2017

Editor's Note: Today's blog is by Fergus O'Sullivan with Cloudwars.net. In this mini blog series on, Fergus will teach us about the Internet of Things; What is the Internet of things, how it works, how to use it, and what risks may occur. We hope you enjoy. That sounds pretty cool, right?

Video 72

Video Cost Reduction After-sales Blog 72

GlobalTranz

NOVEMBER 12, 2015

Overused and misunderstood in blog posts and informative articles, “big data” describes the use of data to improve your operation, which includes shipping, warehousing, and supply chain processes. For example, drivers are expected to arrive on time, maintain docking schedules, and avoid dead time.

Data 91

Data Vendor Strategies Logistics Network Optimization Software Expense Reduction 91

GlobalTranz

DECEMBER 9, 2014

For example, let’s say that you’re a construction company. So, for example, a company like jackswinches.com will let you hire out a winch for a reasonable price. You can find her illuminating articles on many websites and blogs today. A winch might make sense if you do a lot of lifting or hauling.

Industry 91

Industry Manufacturing Procurement Waste Reduction Purchasing Skills 91

GlobalTranz

JANUARY 10, 2017

For example, planning, purchase order placement, manufacturing floor information logistics operations and beyond became essential variables in the goal of creating a more agile supply chain. For example, raw materials for product A may be sourced more effectively from supplier B. Supply chains are growing smarter and more efficient.

Manufacturing Procurement 65

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65

GlobalTranz

APRIL 8, 2016

Today we feature a guest blog from Fronetics Strategic Advisors , a digital marketing agency, who specializes in the logistics and supply chain industries. Now, onto the guest blog. You don’t have a strategy. And that number rises to 86% when the company designates someone to lead the strategy.

Logistics Network Optimization Software 51

Logistics Network Optimization Software Expense Reduction Supply Chain Design Software Supply Chain Planning Software 51

GlobalTranz

MAY 30, 2017

Editor's Note: Today's blog comes from our friends at Barrington Freight where they give us a glimpse as to what the next 10 years will look like for automation in the freight industry. The port of Rotterdam, in particular, is a great example of an almost fully automated port which is almost completely run by software.

Automation 60

Automation Cost Reduction Freight Logistics Network Optimization Software 60

GlobalTranz

AUGUST 10, 2017

For example, the following changes to freight classification were made: Conduits and pipes not in packaging were changed to reflect density and dimensional classification, canceling item numbers 50940 and 50942. For example, shippers routinely offering free shipping for purchases over $50 may increase the free shipping threshold to $60.

Freight 49

Freight Purchasing Skills Cost Reduction Price Reduction 49

GlobalTranz

JANUARY 30, 2017

A very good example of this is the inspection of bracket installation in fuselage assembly when a tablet camera superimposes a virtual image of the as-designed assembly over the real as-built product. Nowadays, she is writing informative blogs by assignment help aspiring engineers understand the affairs of manufacturing.

Industry 89

Industry Inventory Reduction Resource Reduction Cost Reduction 89

GlobalTranz

MAY 2, 2017

In our predictions’ blog post from earlier this year, we noted how customization will begin to replace traditional inventory management, and essentially, customization goes back to using computer analytics to generate a more accurate, successful view of inventory management. These systems can automatically detect changes in inventory.

Inventory Reduction 48

Inventory Reduction Inventory Procurement Analytics Vendor Strategies 48

GlobalTranz

NOVEMBER 29, 2016

Editor's Note: Today's blog is the second part of Chuck Intrieri's series on how procurement and suppliers can avoid issues with their contracts. For example, something along the lines of: By accessing and using this website, you accept and agree to be bound by the terms and provision of this agreement.

Procurement Analytics 84

Procurement Analytics Manufacturing Procurement Procurement Document 84