Ship Monk

FEBRUARY 9, 2024

The process usually includes analyzing historical data for seasonal trends and product performance, as well as gathering current data on competitors, marketplace trends, future marketing plans and promotions. All of them rely on data, whether you’re using historical data or new findings gathered from consumer research.

eCommerce 86

eCommerce Inventory Reduction Operations Modeling Software 86

Logistics Viewpoints

FEBRUARY 2, 2023

The answer, of course, is yes. Instead of manually entering data at set intervals throughout the month – an after-the-fact exercise prone to errors and omissions – an automated solution captures billable activities correctly in real-time, improving overhead utilization, cost control, and revenue leakage at once.

Supply Chain Planning Software 122

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Negotiating Skills 122

FreightWaves SONAR

JUNE 7, 2023

Even after the long series of contract rate cuts that began in July 2022, transportation managers and supply chain leaders still have a cost-reduction role to play in 2023. The best part is that most shippers are in a position to cut spend without sacrificing the high service levels they’ve finally been able to restore.

Inventory Reduction 52

Inventory Reduction Cost Reduction Optimal Sourcing Price Reduction 52

Logistics Business Magazine

OCTOBER 9, 2023

Edward Napier-Fenning, Sales & Marketing Director of leading supply chain software company Balloon , explores five key areas that can boost performance – including route planning, picking, labour management reporting and data entry. Quite suddenly, Artificial Intelligence (AI) is everywhere.

Warehousing 58

Warehousing Sourcing Strategies Supply Chain Planning Software Resource Reduction 58

UL EHS- Sustainability

OCTOBER 31, 2019

But the most successful learning and development teams also understand how to measure the success of each training course and react accordingly. The best training strategy in the world can’t fix operational issues. Evaluate existing and new training options that eliminate the knowledge or skill gaps 5.

Buyer Training 40

Buyer Training Optimal Sourcing Expense Reduction Cost Reduction 40

Freightos

MARCH 27, 2024

I was fortunate to be able to attend again this year, and, though I couldn’t sit in on all the sessions or meetings I would’ve liked, here are my key takeaways: Geopolitical challenges, Red Sea especially Geopolitics were, of course, on people’s minds. But Sea Intelligence’s Alan Murphy thinks rates will settle 1.5-2X

Logistics Network Optimization Software 89

Logistics Network Optimization Software Modeling Software Optimization Software Negotiating Skills 89

Freightos

MARCH 23, 2023

In the debrief department, Sea Intelligence’s Alan Murphy shared data confirming that – of course – surging demand was the trigger for the unprecedented ocean situation. What just happened??? More (too much?) My favorite: MSC’s orders are equal in size to Hapag-Lloyd’s current active fleet.)

Price Reduction 62

Price Reduction Inventory Reduction Industry Cost Reduction 62

Logistics Bureau

JULY 10, 2018

While the development of a wholly demand driven supply chain (DDSC) might not be for every enterprise, there is no doubt that many can benefit from such as strategy. “In a world that’s changing really quickly, the only strategy that is guaranteed to fail is not taking risks.” ” – Mark Zuckerberg.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Design Software Inventory Reduction Supply Chain Software 48

Logistics Bureau

MARCH 30, 2020

The companies most likely to emerge strongly from the Coronavirus crisis are those that had diversified their operations and implemented multi-sourcing strategies. The reasoning behind this, is that the chances of all plants being disrupted at the same time are significantly reduced. 2) Diversify Your Operations. 4) Create Redundancy.

Supply Chain Design Software 63

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 63

GoShip Blog

SEPTEMBER 1, 2020

The closer it gets to the peak season, the more expensive freight rates will get and capacity will start to shrink. Recent events in the global economy have shown companies that they need to be more flexible and resilient. Use data to plan. Build relationships with suppliers & carriers.

Expense Reduction 59

Expense Reduction Inventory Reduction Price Reduction Tips 59

Logistics Viewpoints

MAY 27, 2021

a large capital expense that typically requires five years of operation to achieve a full return on investment. Capacity can be easily ramped up or down due to product seasonality, holidays and of course global events such as the COVID-19 pandemic. Implement successful omnichannel strategies and business models.

eCommerce 138

eCommerce Optimal Sourcing Supply Chain Software Supply Chain Planning Software 138

GlobalTranz

JULY 13, 2018

Using analytics in the supply chain has the most potential to dramatically reduce costs of supply chain management, as well as minimizing supply chain disruption. The Problem: E-Commerce Data is Almost Overwhelming Today’s supply chains, including those using small or nonexistent omnichannel supply chains , generate a mountain of data.

Supply Chain Software 50

Supply Chain Software Supply Chains Expense Reduction Optimization Software 50

GoShip Blog

SEPTEMBER 1, 2020

The closer it gets to the peak season, the more expensive freight rates will get, and the capacity will start to shrink. Recent events in the global economy have shown companies that they need to be more flexible and resilient. Use data to plan. Relationships with suppliers & carriers.

How To 40

How To Expense Reduction Inventory Reduction Price Reduction 40

Turvo

JUNE 16, 2020

So it comes as no surprise that the biggest challenges for shippers, according to a 2019 survey, published by Inbound Logistics , revolve around lowering freight spend and e-commerce: “Nearly two-thirds of them—63%—cite cutting transportation costs as an important focus of their logistics efforts.

Logistics Network Optimization Software 64

Logistics Network Optimization Software Sourcing Strategies Cost Reduction Expense Reduction 64

Turvo

MAY 29, 2020

Few events carry the notoriety of black swans, and the COVID-19 pandemic is the most unprecedented and disruptive event to affect supply chains in decades. Everyone has access to some form of data, and every process generates more of it. Unfortunately, the data of the past is not always the best source for action today.

Supply Chain Planning Software 53

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 53

Ship Monk

DECEMBER 15, 2023

It’s Gone Global Black Friday/Cyber Monday is now a global event. We also hope you’re paying close attention to the data coming in because this will become your baseline for many BFCM seasons to come. Robust data analytics programs help them turn raw data into usable insights that will inform planning for next year.

Purchasing Skills 64

Purchasing Skills Material Savings Supply Chain Planning Software Procurement Analytics 64

Ship Monk

FEBRUARY 3, 2024

Direct mail, while not as eco-friendly and far more expensive, can be used to deliver a coupon to infrequent shoppers, or communicate big events, such as an annual sale or new product drop. But email is still one the least expensive and most effective means of communicating anything beyond a bare-bones text directly to your customers.

eCommerce 82

eCommerce Tips Procurement Solutions Logistics Network Optimization Software 82

GlobalTranz

MAY 21, 2015

Many manufacturers & retailers have found that they can use state of the art supply chain management to reduce inventory & warehousing costs while speeding up delivery to the end customer. Managers should ensure that a firm’s transportation strategy supports its competitive strategy.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Cost Reduction Supply Chains 100

GlobalTranz

JULY 14, 2015

In some cases, human intervention and input will be completely eliminated. At its core, the IoT serves as a way of gathering data and information about a process, but applications of the IoT can detect potential problems within a machine before the machine falters. Automated Data Transfers. Telecoms will also be significant.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

Logistics Bureau

APRIL 4, 2022

The answer is to benchmark your freight, of course. At Logistics Bureau, we want to help you with that, so we’re publishing this brief guide to help you if you haven’t already included freight benchmarking in your management strategies or want to benchmark more effectively than you are now.

Negotiating Skills 82

Negotiating Skills Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 82

Blue Grace Logistics

SEPTEMBER 20, 2017

These myths distract us from the real issues and solutions surrounding supply chain visibility, causing us to make decisions based on assumptions that are wrong, expensive or even dangerous,” said Christian Titze, a research director at Gartner. “In Of course there’s more to the story than simply offering a better deal.

Supply Chain Planning Software 49

Supply Chain Planning Software Supply Chain Software Supply Chains Material Savings 49

GlobalTranz

MARCH 13, 2015

Have Easy to Analyze Actionable Insight Gleaned from the Data Created in the Transportation Management System. There are, of course, tactical metrics for accounting functions like viewing open and paid invoices or the ability to identify when shipments are due, but also must include strategic metrics and reports for more in-depth analysis.

Logistics Network Optimization Software 95

Logistics Network Optimization Software Transportation Cost Reduction Price Reduction 95

WorkWave

SEPTEMBER 14, 2022

Bookkeepers work to provide current financial data for businesses. If you are starting a bookkeeping business, you’ll be responsible for monitoring your client’s invoicing and payments , profits and expenses, and other financial transactions. Event Planning. Here are some of the best businesses to start with a little money.

Purchasing Skills 52

Purchasing Skills Cost Reduction Optimization Software Procurement Solutions 52

The Logistics Academy

APRIL 18, 2018

­. Imagine you were working in development and poverty reduction in the early 1990s (I was!). Mobile phones were expensive, rare, and clunky. At its core, blockchain is an algorithm and distributed data structure that enables decentralized verification of any transaction, so that it is “hacker-proof.”

Modeling Software 61

Modeling Software Logistics Network Optimization Software Cost Reduction Waste Reduction 61

EazyStock

NOVEMBER 19, 2021

But if you don’t carry enough, you face stock-outs and reduced service levels. In reality, of course, this rarely happens. This leads to a stock-out in week four and a number of expensive back orders. Many companies use simplified approaches to calculating safety stock at the expense of accuracy. x 1) = 362.50

How To 52

How To Inventory Reduction Inventory Optimization Modeling 52

Logistics Business Magazine

OCTOBER 26, 2018

The exclusive Hungarian main sponsor of the event – Waberer’s International Nyrt – is responding to the industry challenges with innovation and sustainable services. We plan to use these trucks in our fleet from 2019, but of course, the filling station infrastructure must be further improved to let this happen.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Design Software Expense Reduction Modeling Software 28

Logistics Business Magazine

OCTOBER 26, 2018

The exclusive Hungarian main sponsor of the event – Waberer’s International Nyrt – is responding to the industry challenges with innovation and sustainable services. We plan to use these trucks in our fleet from 2019, but of course, the filling station infrastructure must be further improved to let this happen.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Design Software Expense Reduction Modeling Software 28

Freightos

JANUARY 8, 2019

They’re licensed to be an ocean freight forwarder, and they’ve bought some aircraft and an airport; and of course they are a huge warehousing player. Open data standards. Big data and AI. It’s incredible to see how accessible and affordable data has become in such a short time. For that we need data standards.

Freight 60

Freight Negotiating Skills Digital Tracking and Tracing 60

Freightera

APRIL 17, 2020

The event was organized by Women in Communications & Technology in association with International Women’s Day. Of course, the first response is about health services and containing the pandemic. AI opens up the ability to analyze and make predictions from so much of the data we have available and could never analyze effectively.

Supply Chain Planning Software 26

Supply Chain Planning Software Modeling Software Material Savings Optimization Software 26

FLS Transport

AUGUST 20, 2020

No one in their right mind could have accurately predicted that a global pandemic would be the black swan event to disrupt the freight market in 2020. Here’s the hard data and 3 market indicators that are driving this prediction: 1. Source: DATA Trendlines. This year has been an absolute roller coaster ride for freight.

Manufacturing Procurement 52

Manufacturing Procurement Capacity After-sales Optimal Sourcing 52

247 Customs Broker

NOVEMBER 5, 2018

Through all these major world events, the number of containers loaded with imports moving over U.S. In this light, even the worst-case scenario—in which $60 billion of import duties are levied on Chinese goods—pales in comparison to the magnitude of these other events. But this is unlikely. The geographic fix.

Purchasing Skills 28

Purchasing Skills Negotiating Skills Manufacturing Procurement Price Reduction 28

GlobalTranz

MAY 20, 2015

Managing the quality of the product should not be at the expense of delaying final delivery from the plant floor. This, of course, has become costly with globalization, unless multiple suppliers have been strategically chosen within close proximity. 2: Audit Strategy. On-time and complete shipments.

Procurement Analytics 99

Procurement Analytics Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 99

WorkWave

AUGUST 31, 2021

Helping veterans understand all that they’re capable of is just one way society can help reduce the statistics on veteran unemployment. Of course, those who may not possess all of these skills can easily learn them over time. This is why it’s crucial to accurately track your expenses throughout the year.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Trucking Buyer Training Purchasing Skills 52

247 Customs Broker

APRIL 5, 2018

The book (with supporting writer Edgar Blaco ), for example, quotes an executive at one company saying that “If it reduces costs we will do it; otherwise we will not” with regard to sustainability initiatives. And of course most can’t. Most sustainability books in my view do not present the full 360 view.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 28

Automotive Logistics

JUNE 19, 2018

The Transport Control Centre has now eliminated supply chain fragmentation in the OEM’s network and provided high levels of visibility. “We Data is the oil of the digital economy,” said Lehmacher and the way to get the real value out of automation is through a fully connected digital system.

Supply Chain Planning Software 31

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling Software 31

GlobalTranz

OCTOBER 23, 2018

The best warehouse safety practices focus on identifying hazards and reducing workers’ exposure to them. Most of them are due to safety violations causing expenses from lost time, medical treatment and disability payments. The most common accident-causing behaviors include: Reduced alertness from long hours, fatigue or boredom.

Buyer Training 94

Buyer Training Material Savings Training Materials Handling 94

247 Customs Broker

FEBRUARY 27, 2018

poultry, namely chicken leg quarters and mechanically separated chicken (which is ultimately sold as ground chicken), have been specialized over the course of NAFTA to the point where some of those products are shipped fresh. For example, Mexico-bound supply chains of U.S. 2 destination by volume for U.S. Withdrawal Complications.

Industry 28

Industry Food and Agriculture Negotiating Skills Scenario Planning 28