Freightos

APRIL 27, 2023

In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. The future of global freight data lies in real-time information, contextual insights, and aggregated data that can help companies make better decisions and adapt to a rapidly changing industry.

Data 62

Data Freight Optimal Sourcing Supply Chain Software 62

Logistics Viewpoints

APRIL 27, 2023

When you begin researching Warehouse Management System ( WMS ) software, you’re probably running into some difficulties in the budgeting process because pricing is not always readily available. Calculate software costs – Consider the price of the software solution. SaaS or cloud will also influence this pricing.

Supply Chain Planning Software 121

Supply Chain Planning Software Modeling Software Logistics Network Optimization Software Supply Chain Software 121

Logistics Viewpoints

SEPTEMBER 25, 2023

Greenhouses can be constructed to be like semiconductor clean rooms which would eliminate the need for pesticides. Greenhouses can be located near population centers and the growing season can occur all year long; this improves the freshness of food while reducing GHG emissions. With the Affordable Care Act, those days are gone.

Supply Chain Software 131

Supply Chain Software Food and Agriculture Logistics Network Optimization Software Inventory Reduction 131

Conger

JANUARY 17, 2023

5S Warehouse Examples 5S Warehouse Training: How to Get Your Team Ready How to 5S a Warehouse Warehouse 5S Checklist Warehouse 5S FAQs Warehouse 5S Quiz What Is 5S? Warehouse 5S is a lean management strategy that helps warehouses accomplish a basic objective: making problems visible. This reduces the time needed to search for things.

Waste Reduction 52

Waste Reduction Inventory Reduction Cost Reduction Resource Reduction 52

Logistics Viewpoints

FEBRUARY 17, 2023

The American and Canadian militaries believe that the balloon was for surveillance, while the Chinese government said it was a civilian meteorological research airship that had blown off course. Expanding the smart package initiative will help UPS strengthen its network efficiency as it seeks to reduce costs in a cooling demand environment.

Supply Chain Planning Software 121

Supply Chain Planning Software Logistics Network Optimization Software Cost Reduction Waste Reduction 121

Logistics at MPEPS at UPV

MAY 24, 2023

I was surprised by the quality-price of the menu (which included starter, main course, dessert and drink) as well as the good service of the staff. A brief introduction to the company The Saona group is a restaurant model with affordable prices, Mediterranean cuisine and a very beautiful Balearic-inspired décor.

Price Reduction 52

Price Reduction Inventory Reduction Cost Reduction Logistics Network Optimization Software 52

Forto

JANUARY 10, 2020

Outsourcing production to countries with lower wage levels has also enabled companies to reduce costs. And with these factors as your tailwind we think that the following 8 strategies will take your business to the next level. Check out our guest post on how data is actually the key to an improved supply chain.

Cost Reduction 40

Cost Reduction Price Reduction Sourcing Strategies Strategy 40

Logistics Bureau

JANUARY 7, 2020

Of course, it is helpful to have some statistics on hand to validate the statement above. Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. What’s wrong with this picture?

Supply Chain Design Software 122

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 122

Blue Grace Logistics

JULY 27, 2021

Improving predictability in outcomes is valuable, but ensuring your supply chain is nimble enough to act on the data is even more so. We explore how predictive analytics and big data with human sentiments can add value and amplify their supply chain strategies. Having random data is meaningless without insightful analytics.

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

Now, That's Logistics

FEBRUARY 15, 2022

Damas goes on to say that ocean freight rates will not normalize until the systemic market disruptions in container shipping, caused by the pandemic, are significantly reduced. Matching capacity to need is going to be the key concern for shippers in 2022—almost regardless of price.”. And that means higher rates across the board.

Cost Reduction 78

Cost Reduction Capacity Trends Expense Reduction 78

Logistics Bureau

JANUARY 9, 2019

Of course, it is helpful to have some statistics on hand to validate the statement above. Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. Mini Case Study: Walmart.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 118

Bringg

MARCH 24, 2021

Packages are getting delayed, shipping carriers have raised prices, and businesses – whether suppliers, wholesalers, or retailers – all feel the burden on their end of the supply chain process. To meet the new demand, companies will have to adjust their operations for greater efficiency, flexibility, and cost reduction.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

ShipLilly

FEBRUARY 8, 2023

Moreover, the industry was dealing with rising prices and a global economic situation that was far from stable. Of course, this is only possible with goods with a long expiry date. For example, some businesses could position themselves as the source for hard-to-find items that have not been recently stocked by most rivals.

Inventory Reduction 52

Inventory Reduction Inventory Handling Price Reduction 52

Logistics Bureau

AUGUST 7, 2023

Standardise and Digitise The key to managing complexity, of course, is to be organised. We’ll be pleased to assist you in implementing methods to sense customer demand more accurately, enhancing your ability to optimise inventory levels, reduce stock-outs, reduce carrying costs—and ultimately increase profitability.

Inventory Reduction 89

Inventory Reduction eCommerce Inventory Procurement Solutions 89

Now, That's Logistics

FEBRUARY 4, 2021

With the latter, carriers are able to eliminate costly manual work, reduce reliance on labor, and streamline their operations. When it comes to the exchange of information, it is of course problematic.”. That said, inherent within digital transformation is of course the transformative process itself.

Supply Chain Design Software 78

Supply Chain Design Software Optimization Software Logistics Network Optimization Software Supply Chain Software 78

FreightWaves SONAR

APRIL 29, 2021

Meanwhile, national-branded consumer goods companies gained share from private labels during the pandemic and many are launching direct-to-consumer and subscription services looking to reduce their reliance on retail and reach their most loyal customers. . Using SONAR data in contract negotiations with carriers and 3PLs. .

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

Logistics Viewpoints

APRIL 7, 2022

As an example, a major retailer whose market presence is in the Americas realized that several of their shipments that originate in China pass through Russia to make their way to the west and are now subject to shipment backlogs. Now, these shipments are being shifted to ocean and air, radically reducing rail shipments.

Supply Chain Design Software 143

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 143

Material Handling and Logistics

OCTOBER 30, 2018

Suspicion that digitization will eliminate jobs is not without cause—there is no doubt that certain roles are changing or being eliminated by automation. In a recent Forrester study, they found the problem to be poor quality data. Digitization is your friend, but quality data is your foundation. How do you do that?

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

Logistics Bureau

NOVEMBER 8, 2021

If yours is not one of those businesses, and you’re confident in your KPI suite and the relevance of the data it provides, congratulations! Supply chain management objectives can encompass several success factors, including cost reduction, supply chain speed, efficiency, and service improvement. Conflicting KPIs: A Brief Example.

Supply Chain Software 81

Supply Chain Software Supply Chains Scenario Planning Cost Reduction 81

Stord

JANUARY 11, 2022

More partners require significant overhead and capital to maintain." - Sarang Damle, Group Product Manager, Orders & Inventory Data and Service Capability Silos "Supply chains are too often built in and operate from silos. This is a huge headwind hindering margin improvements for brands.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Optimization Software Optimal Sourcing 78

Ship Monk

JULY 27, 2022

We’re talking, of course, about demand forecasting, or the process of predicting customer demand for a product or service. Keep reading to learn what demand forecasting is, why you need it, and how to implement it into your eCommerce strategy! The COVID-19 pandemic was a prominent example. #5 What is Demand Forecasting?

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

EazyStock

JANUARY 27, 2021

In addition to shorter lead times, lower shipping costs, no tariffs and a typically lower MOQ, domestically-source products usually are higher quality – plus, sourcing domestically can work as an attractive marketing strategy. Cutting these extraneous costs is one of the ‘no-brainer’ ways to save money in 2021.

Supply Chain Software 96

Supply Chain Software Supply Chain Planning Software Inventory Reduction Supply Chains 96

Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. The answer is to benchmark your freight, of course.

Negotiating Skills 82

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

The Logistics Academy

OCTOBER 18, 2017

As global supply chains become more complex and customers more demanding, the race is on to develop software applications that can effectively manage and make sense of the zettabytes of data being generated by our digital world. Of course, capturing the data and then using it to make good decisions are two entirely different things.

Supply Chain Planning Software 40

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

AIMMS

FEBRUARY 3, 2020

Moving past waste, water, and C02 reduction, they have begun searching for renewable energy sources, different forms of packaging, and increased efficiency overall. Pepsi announced that they are aiming to cut 20% of their emissions by 2030 and their U.S. Here are three trends to consider. . Sustainability on the agenda.

Supply Chain Planning Software 133

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 133

GlobalTranz

FEBRUARY 15, 2017

The Industrial Internet of Things (IIoT) and the Internet of Things (IoT) are similar, but both function on the connection of equipment to the internet and applying data collected to consumer and business needs, including the needs of manufacturers. Robotics that apply data to make decisions and perform actions function through the IoT.

Cost Reduction 74

Cost Reduction Modeling Software Optimization Software Price Reduction 74

Logistics Viewpoints

JUNE 8, 2022

The highest, most persistent inflation since the early 1980s is leading to reduced liquidity and higher interest rates – and additional uncertainty in forecasting economic activity. For example, interest rate hikes tend to deter lower priority investments and those that require debt financing. Review of Prior Impactful Events.

Scenario Planning 131

Scenario Planning Analysis Events Purchasing Skills 131

World Food Programme Logistics

JUNE 4, 2019

In Lebanon , WFP’s supply chain unit works with 450 shops to remove market inefficiencies, improve access to shops, lower prices and improve shopping experiences. are the core of WFP’s retail engagement strategy. That is achieved by encouraging lower food prices, increasing hygiene and security, and proposing better quality products.

Temperature 40

Temperature Purchasing Skills Negotiating Skills Price Reduction 40

GlobalTranz

JUNE 16, 2015

Throughout the course of business, business owners, who may be in the manufacturing, retail, or in another industry, find themselves focusing on innovation. Furthermore, innovation has replaced previous expectations and practices of reducing prices and focusing on reducing the consumers’ costs.

Manufacturing Procurement 101

Manufacturing Procurement Purchasing Skills Price Reduction Supply Chain Design Software 101

Logistics Business Magazine

JULY 19, 2023

But high data quality is not the only crucial factor. Equally important for the data models are the experiences of people and the requirements of consumers. Of course, we have already dealt with LLMs (Large Language Models) at Witron. When I look at the investments in Q-commerce, for example, I get dizzy.

Modeling Software 60

Modeling Software Supply Chain Design Software Optimization Software Supply Chain Software 60

FreightWaves SONAR

MARCH 4, 2021

Every shipping mode and method can benefit from access to accurate, real-time freight data. For instance, consider these top uses of data and calculators within existing systems: Trucking metrics can benefit from clear data highlighting key areas of profit and loss within the fleet. Promote collaboration within the network.

Supply Chain Planning Software 130

Supply Chain Planning Software Freight Optimization Software Resource Reduction 130

Freightos

JANUARY 12, 2017

While 90% of everything is shipped by ocean, air connects the world faster, cutting China-US freight shipping time from 20-30 days by ocean to only 3 days by air cargo. In general numbers, air freight is usually 5X the price of trucking and 16X the price of ocean freight, according to the World Bank. Security surcharges.

Purchasing Skills 48

Purchasing Skills Price Reduction Cost Reduction Trends 48

AIMMS

FEBRUARY 3, 2020

Moving past waste, water, and C02 reduction, they have begun searching for renewable energy sources, different forms of packaging, and increased efficiency overall. Pepsi announced that they are aiming to cut 20% of their emissions by 2030 and their U.S. Here are three supply chain trends to consider. .

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 62

Locus

FEBRUARY 7, 2022

John had his work cut out for himself as he had to suddenly handle greater complexity while maintaining the same standards. And that if they were not happy with their services or prices, they could always jump ship to another. Take the example of last year’s holiday season. Why automation is the way forward.

Optimization Software 52

Optimization Software Optimization Automation Logistics Network Optimization Software 52

Talking Logistics

OCTOBER 30, 2018

If you’ve ever paid $10 for an Uber ride to the cocktail lounge in the evening and then a “surge priced” $50 for the same distance Uber ride back to your home only a few hours later around closing time, you understand the dynamics troubling shippers in today’s capacity constrained transportation market.

Optimization Software 60

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

GlobalTranz

JULY 26, 2016

Everyone seems to be clamoring to get on the big data and analytics train. Part of this drive toward more interest in analytics in distribution and manufacturing comes from the ability of analytics to reduce inefficiencies dramatically and increase productivity in both physical and virtual sales environments.

Distribution 54

Distribution Supply Chain Design Software Inventory Reduction Resource Reduction 54

Freightos

MARCH 17, 2019

The annual fixed-price contract is the current go-to for ocean freight procurement. Tenders can take BCOs (Beneficial Cargo Owners) three to five months of preparation, but despite this, the fixed price often breaks down during peak season. But Does Fixed Ocean Price Procurement Need Fixing?

Optimal Sourcing 48

Optimal Sourcing Procurement Price Reduction Freight 48