Parade

MARCH 3, 2021

This post was written in collaboration with , OpenEnvoy , a leading automated invoice reconciliation tool. Outsourcing invoice reconciliation to a bank is more common , but that presents its own host of problems: Banks typically require a 3PL or freight broker to use the bank’s own payment network, charging a fee of up to 5% per invoice.

Supply Chain Software 78

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 78

Parade

MARCH 3, 2021

This post was written in collaboration with , OpenEnvoy , a leading automated invoice reconciliation tool. Outsourcing invoice reconciliation to a bank is more common , but that presents its own host of problems: Banks typically require a 3PL or freight broker to use the bank’s own payment network, charging a fee of up to 5% per invoice.

Supply Chain Software 78

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 78

Logistics Bureau

AUGUST 7, 2023

Standardise and Digitise The key to managing complexity, of course, is to be organised. The ecommerce logistics practitioner must instead integrate reverse logistics into his or her company’s inventory management strategies and processes. Try to establish consistency in the identification of your company’s products. Why is this?

Inventory Reduction 89

Inventory Reduction eCommerce Inventory Procurement Solutions 89

Logistics Business Magazine

MARCH 30, 2022

Sitma, which has long been acclaimed for its numerous research and collaboration activities with various universities, immediately identified an attractive topic of interest to them on which to base the business project. The team of students presented the results of the project to a wide audience, including high-level Sitma personnel.

Packaging 53

Packaging Supply Chain Software Material Savings Logistics Network Optimization Software 53

Freightos

NOVEMBER 11, 2021

But more blatantly than ever, container liners – and especially Maersk – are on a collision course with the tech companies that provide digital infrastructure for selling goods. Maersk has unabashedly championed vertical integration for years, advocating an “end-to-end” strategy. No end to end-to-end. Enter Big Tech.

Price Reduction 71

Price Reduction Cost Reduction Expense Reduction Inventory Reduction 71

GlobalTranz

NOVEMBER 18, 2016

While this may be seen on social media and across mainstream media, the present known to consumers will always be shrouded in darkness. Decisions made in the course of business tend to reflect issues presented to see company. Real-Time Decisions, Not Reactive Decisions.

Supply Chain Planning Software 89

Supply Chain Planning Software Data Material Savings Manufacturing Procurement 89

GlobalTranz

JUNE 30, 2017

In fact, manufacturers can collaborate with third-party logistics providers ( 3PLs ), like Cerasis , to realize the benefits of collaboration and taking advantage of business-to-business (B2B) sales through integration of systems, explains Louis Columbus of Supply Chain 24/7. Be There for Customers After the Sale.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics After-sales Price Reduction 82

Logistics Bureau

FEBRUARY 6, 2023

2: Using KPIs That Are Not Aligned with Supply Chain Strategy We’ve stated many times in our articles that a supply chain strategy can only succeed when aligned with the overall business strategy. The whole point of KPIs is to show you how effectively your strategy is working by indicating progress toward your strategic goals.

Supply Chain Software 100

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 100

Logistics Problem Solving

JUNE 2, 2017

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. What keeps shippers from solving these problems?

Logistics Network Optimization Software 75

Logistics Network Optimization Software Resource Reduction Cost Reduction Logistics 75

GlobalTranz

OCTOBER 25, 2016

Unlike traditional, in-classroom education settings, vocational programs blend on-the-job learning opportunities with course credits and education. If manufacturers can embrace this opportunity, the problems presented by the skills gap can be overcome. Vocational Training Blends On-the-Job Training With Education.

Buyer Training 100

Buyer Training Training Resource Reduction Cost Reduction 100

Conger

MARCH 14, 2024

Product Damage Prevention Because of the gripping mechanism of the forklift, manipulating products with clamp attachments can present challenges. Operating on stable ground and maintaining proper balance while lifting and lowering loads can be an ideal strategy for keeping safe in the workplace.

Buyer Training 76

Buyer Training Trucking Material Savings Sourcing Strategies 76

Talking Logistics

OCTOBER 30, 2018

The strategy involves leveraging a competitive bidding process or reverse auction for the most expensive type of freight movement – spot market/expedited freight. Thankfully, we don’t have to rely on hypotheticals to prove the concept because there is actual hard data revealing just how well these tools and strategies perform.

Optimization Software 60

Optimization Software Supply Chain Software Material Savings Logistics Network Optimization Software 60

Women in Trucking

APRIL 23, 2019

The platform encourages mentoring, community and education by allowing members to virtually connect and collaborate through distinct community groups. Build your brand and name recognition through powerful online, emarketing, and in print strategies while having an in-person presence at the conference. Conference & Expo.

Trucking 50

Trucking Supply Chain Design Software Webinar Conference 50

Logistics Business Magazine

OCTOBER 9, 2023

That in turn can assist with the next topic, that of efficient order picking, which of course has its own pathing and routeing issues. AI will be able to improve the choice and operation of picking strategies – and the optimum may differ according to the type of goods, or even the time of day.

Warehousing 57

Warehousing Sourcing Strategies Supply Chain Planning Software Resource Reduction 57

Blog on Log

JANUARY 29, 2006

I am up in Toronto today and tomorrow participating in a course for Transportation and Logistics' professionals. My colleague, Adrian Kumar will be presenting two major sessions, with me adding some support. Use capacity as a factor when creating import strategies and locating distribution centers.

Collaboration 40

Collaboration Capacity Vendor Strategies Price Reduction 40

Forto

MARCH 17, 2020

After all, it is also about the customer’s business, which comes under pressure if its partners don’t present options for action. . What communication strategy should logistics companies rely on in times of crisis? We all access Google Drive, which makes it easier for us to collaborate on documents at the same time.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Modeling Software Supply Chain Software Logistics 52

Logistics Business Magazine

DECEMBER 3, 2020

At present, the primary drivers of supplier diversity are meeting CSR commitments (59%) and ‘doing the right thing’ (45%). Of course, visibility works both ways which is why collaboration and commitment is key to unlocking the value of diverse supply chains. Extending beyond CSR.

Supply Chain Software 36

Supply Chain Software Supply Chains Cost Reduction Manufacturing Procurement 36

Logistics Business Magazine

DECEMBER 3, 2020

At present, the primary drivers of supplier diversity are meeting CSR commitments (59%) and ‘doing the right thing’ (45%). Of course, visibility works both ways which is why collaboration and commitment is key to unlocking the value of diverse supply chains. Extending beyond CSR.

Supply Chain Software 36

Supply Chain Software Supply Chains Cost Reduction Manufacturing Procurement 36

Logistics Business Magazine

SEPTEMBER 19, 2018

But a strategy requires much more than slide decks and statements of intent, right? This obstructs cross-departmental project collaboration. Building diverse teams requires an up-front investment of time, of course. Bohlmann: When processes change, there will always be some people who won’t come on board, of course.

Optimal Sourcing 28

Optimal Sourcing Industry Supply Chain Design Software Material Savings 28

Logistics Bureau

NOVEMBER 8, 2021

Whatever your competitive strategy, though, your supply chain goals should support it. Of course, you can have as many other metrics as you like, but the KPIs are the ones that should form a catalyst for action. If your KPIs are common ones, it shouldn’t be a problem, of course. That’s what makes them KEY performance indicators.

Supply Chain Software 81

Supply Chain Software Supply Chains Scenario Planning Cost Reduction 81

GlobalTranz

DECEMBER 27, 2017

We will feature over the next 4 business days each category's most viewed posts over the course of 2017. Download: The Impact of Big Data in the Supply Chain & Transportation Management Industry Webinar Replay, Transcript & Presentation. These will only contain posts written in 2017. Share This: Read More.

Supply Chain Software 60

Supply Chain Software Blog Supply Chains Optimal Sourcing 60

The Logistics Academy

FEBRUARY 13, 2017

They not only have to present the models to demonstrate their understanding, but they also have to relate the models to real companies. Darren Prokop, University of Alaska Anchorage (UAA): As in the academic world in general, there is a trend to online course delivery. But hard skills must be coupled with soft skills.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 40

Logistics Bureau

JANUARY 1, 2018

Of course, it can also open new opportunities for tomorrow. This frees up their human counterparts for work that AI cannot do, such as creating a new supply chain strategy. For instance, machine learning can be used to forecast the demand distortion that comes from lack of collaboration of supply chain partners (the bullwhip effect).

Supply Chain Planning Software 64

Supply Chain Planning Software Supply Chain Software Supply Chains Modeling Software 64

Blog on Log

MAY 4, 2010

Will the empathy and collaboration that both sides have long pursued but seldom achieved finally have staying power, or will both sides retreat into their business-as-usual mentality when the inevitable recovery picks up steam? Collaborating creates value, and executive empathy makes money for both. Pickup Performance. Responsiveness.

Negotiating Skills 40

Negotiating Skills Price Reduction Sourcing Strategies Cost Reduction 40

GlobalTranz

FEBRUARY 25, 2015

Editor’s Note: This is our second post in a collaborative blog post series about mobility in manufacturing & logistics along with Catavolt, who helps manufacturing organizations drive operational excellence with mobile apps. He later co-founded the Auto-ID Center at the Massachusetts Institute of Technology.

Manufacturing Procurement 107

Manufacturing Procurement Optimization Software Logistics Network Optimization Software Supply Chain Planning Software 107

Turvo

MAY 21, 2020

Collaboration is perhaps the most widely discussed and recognizable topic in the modern supply chain. Used properly, collaboration enables better procurement, efficient shipment management, transparency, proactiveness, improved customer experience around delivery, and a team prepared to handle reverse logistics management.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Supply Chain Planning Software Cost Reduction 52

WorkWave

OCTOBER 30, 2020

A thorough inspection of the exterior and interior of a building is useful in identifying structural defects and locations where rodents are present, as well as where they’re most likely to obtain entry and find comfortable living and nesting conditions. Inspection. Prevention and Control.

Document 98

Document Presentation Strategy Course 98

GlobalTranz

DECEMBER 2, 2014

We wanted to bring you some quick strategies and tips that can help your holiday shipping woes or at any time of the year where you experience an increase in shipping volumes. Core carrier programs and carrier negotiations that once played a fundamental role in shippers’ cost reduction strategies no longer are sufficient.

Cost Reduction 86

Cost Reduction Price Reduction Vendor Strategies Resource Reduction 86

Logistics Bureau

JUNE 14, 2021

Of course, the criticality of such elements is the same now as it always was. Those withstanding the supply chain turmoil were the ones with solid risk mitigation strategies and playbooks in place and investment already sunk into supply chain resilience. Collaboration.

Supply Chain Planning Software 68

Supply Chain Planning Software Optimal Sourcing Supply Chains Inventory Reduction 68

Shipping and Freight Resource

DECEMBER 9, 2021

What was DCSA’s strategy in first of all getting the industry to listen, because we are a tough bunch to listen to and follow standards among other things. I I do think that Government to business collaboration is essential for solving international trade. I think it will help.

Data 90

Data Supply Chain Planning Software Supply Chain Software Digital 90

Infosys Supply Chain Management

JULY 26, 2013

« Collaborative Platform for Enterprise of Future | Main | Key Asset Management trends in Oil & Gas Industry » Importance of Proactive Master Data Maintenance in SAP SCM Support. And you presented a good perspective on it and everyone should learn something from it. Instance Consolidation Strategy. Keep sharing!

Supply Chain Planning Software 29

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 29

GlobalTranz

DECEMBER 9, 2015

We wanted to bring you some quick strategies and tips that can help your holiday shipping woes or at any time of the year where you experience an increase in shipping volumes. Core carrier programs and carrier negotiations that once played a fundamental role in shippers’ cost reduction strategies no longer are sufficient.

Cost Reduction 48

Cost Reduction Price Reduction Vendor Strategies Resource Reduction 48

Logistics Bureau

MARCH 4, 2018

The first is supply chain strategy , especially in terms of its alignment with your overall business strategy. Your supply chain strategy should be closely aligned to business strategy because any improvement initiative you take should move your company closer to achieving its strategic goals. Asset utilisation.

Supply Chain Design 54

Supply Chain Design Supply Chains Resource Reduction Cost Reduction 54

Logistics Bureau

JANUARY 30, 2023

But, of course, with so many cases in such a vastly populated nation, the risk of a new variant emerging to start the whole cycle over again cannot be underestimated. For companies wishing to decouple their supply chains from China but struggling to do so, the current situation presents an unsettling start to 2023. But with U.S./China

Supply Chain Planning Software 92

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 92

Automotive Logistics

JULY 2, 2018

[mpu_ad] In practice, both regulators and truck operators may elect to feel their way towards the answers, with a process of gradual adoption, suggests Richard Wilding, professor of supply chain strategy at Cranfield University’s Cranfield School of Management, UK. Daimler Trucks launches platooning trial on Oregon and Nevada highways.

Trucking 34

Trucking Supply Chain Design Software Logistics Network Optimization Software Supply Chain Planning Software 34

Logistics Bureau

JANUARY 8, 2019

Rather than try to distribute inventory and hence incur the cost of more fulfillment assets, many such retailers could decide to outsource, either by collaborating with a single large provider , or by entering multiple partnerships with 3PLs in different regions. New Networks, New Tools, New Strategies.

Supply Chain Design Software 67

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 67

Freightos

OCTOBER 26, 2020

So three months after an executive meeting on June 23rd , an updated strategy was released, tracking a radical shift into a slimmer Maersk, focused on providing end-to-end logistics services. The Post-2016 Strategy: End-to-end Shipping. The shift to full end-to-end integration, of course, leaves no one else in the middle.

Logistics Network Optimization Software 114

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Price Reduction 114