The Logistics of Logistics

MAY 9, 2022

Ben is VP of Account Management at Loadsmart , which is transforming the future of freight, they leverage artificial intelligence, machine learning and strategic partnerships to automate how freight is priced, booked and shipped. Of course, some of the industry leaders like Loadsmart are delivering these innovations today.

Optimization Software 195

Optimization Software Freight Modeling Software Price Reduction 195

FreightWaves SONAR

JANUARY 5, 2021

And that’s why it’s important for carriers to apply data and enable predictive freight rating through these five requirements. Carriers simply need to know where to send trucks and the proper freight rating or pricing strategies to use. That will go a long way in reducing operating ratios and increasing fleet utilization.

Data 88

Data Price Reduction Freight Resource Reduction 88

Freightos

FEBRUARY 28, 2024

Of course, the economic viability of these types of shipments is limited to specific commodities. With more easily accessible data and bookings, alternatives to, yes, historically alternative routes suddenly become far more viable. Here’s how the data stacks up, relying on data points from Freightos’ air and ocean data.,

Negotiating Skills 62

Negotiating Skills Cost Reduction Price Reduction Vendor Strategies 62

Logistics Problem Solving

AUGUST 4, 2017

What do you do if your logistics strategy is just not working? While there are ways to reverse course after a faulty strategy is deployed, you must first admit it was faulty. It is much better to look before you leap and test against historical data before you deploy. When Standardized Data is not Standardized Data.

Expense Reduction 59

Expense Reduction Cost Reduction Price Reduction Strategy 59

The Logistics of Logistics

JULY 2, 2021

Ben is VP of Account Management at Loadsmart , which is transforming the future of freight, they leverage artificial intelligence, machine learning and strategic partnerships to automate how freight is priced, booked and shipped. Of course, some of the industry leaders like Loadsmart are delivering these innovations today.

Freight 195

Freight Optimization Software Price Reduction Modeling Software 195

FreightWaves SONAR

JANUARY 21, 2021

And of course, it hinges on the ability to understand and maintain consistency in your metrics. . Capture and analyze data inside and outside of your network to benchmark performance. The biggest barrier to efficiency in supply chain agility rests with an inability to see, capture or analyze freight data.

Data 98

Data Sourcing Strategies Tips Optimal Sourcing 98

Logistics Problem Solving

AUGUST 4, 2017

What do you do if your logistics strategy is just not working? While there are ways to reverse course after a faulty strategy is deployed, you must first admit it was faulty. It is much better to look before you leap and test against historical data before you deploy. When Standardized Data is not Standardized Data.

Expense Reduction 48

Expense Reduction Cost Reduction Price Reduction Strategy 48

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? Amazon did not invent the random storage approach. Book your free consultation.

Inventory Reduction 88

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 88

The Logistics of Logistics

MAY 15, 2023

Knowing about her blogging side hustle, the executive team allowed her to take on the additional responsibility of the company’s digital marketing initiatives where over the course of 5 years, orchestrated two website redesigns, implemented an inbound marketing initiative, and established a sales outreach plan. 00:36:05] Starting a Podcast.

Logistics Network Optimization Software 268

Logistics Network Optimization Software Supply Chain Planning Software Logistics After-sales 268

Freightos

AUGUST 23, 2023

Blog " * " indicates required fields Email * More Resources Home August 23, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.

Price Reduction 87

Price Reduction Resource Reduction Cost Reduction Capacity 87

Logistics Bureau

NOVEMBER 6, 2023

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. There are several possible ways to eliminate this form of energy wastage.

Cost Reduction 108

Cost Reduction Purchasing Skills Waste Reduction Material Savings 108

FreightWaves SONAR

MARCH 4, 2021

Yes, the need for shipping demand analytics is not new and was echoed in 2013 by Industry Week , “Relying on traditional supply chain execution systems is becoming increasingly more difficult, with a mix of global operating systems, pricing pressures and ever-increasing customer expectations. That’s where data analytics comes in.”

Price Reduction 97

Price Reduction Cost Reduction Expense Reduction Waste Reduction 97

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

Blue Grace Logistics

NOVEMBER 21, 2023

a How to Navigate Your Supply Chain During Market Swings Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - November 21, 2023 In the realm of ever-fluctuating food prices, a pragmatic revolution is quietly taking place in the shopping carts of budget-conscious consumers.

Optimal Sourcing 87

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Ship Monk

APRIL 5, 2024

The last time they raised prices? So much attention is paid to negotiating the price of the goods and coordinating the delivery that very little thought goes into the quality of the relationship and how improving it might help you both. Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn.

Negotiate Pricing 82

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 82

Logistics Business Magazine

AUGUST 6, 2021

The G-Log 2 data logger from Germany-based Aspion GmbH is the first shock recorder on the market to implement the continuous shock/vibration test of the European transport standard EN IEC 60721-3-2:2018 with its 2M4/2M5/2M6 classes during transportation. Specialist knowledge is no longer necessary.

Data 67

Data Meeting Multimodal transport Cost Reduction 67

Talking Logistics

FEBRUARY 27, 2019

Operational excellence, of course. But beyond that, shippers today also expect their logistics partners to provide them with technology solutions, timely and accurate data, and business intelligence and analytics capabilities. What do shipper’s look for in a logistics partner? What factors are driving these expectations?

Vendor Strategies 60

Vendor Strategies Price Reduction Logistics Network Optimization Software Modeling Software 60

Blue Grace Logistics

JUNE 28, 2021

3PLs who use predictive analytics to execute prescriptive strategies are agile and able to cover last-minute loads under numerous bandwidth constraints. Oftentimes, bias plays a hand in which loads get moved due to an individual’s idea of what a winning shipment may be without any mathematical or quantitative data behind that decision.

Price Reduction 62

Price Reduction Negotiating Skills Cost Reduction Logistics Network Optimization Software 62

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

Ship Monk

FEBRUARY 16, 2023

So the question becomes: is it possible to offer 2-Day shipping at an affordable price? In this guide discover the most important things you need to reduce 2-day shipping costs and make offering 2-Day shipping a feasible option for your ecommerce brand. Fast shipping at an affordable price is the solution.

Cost Reduction 52

Cost Reduction Negotiating Skills Inventory Reduction Purchasing Skills 52

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 122

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

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

Conger

JANUARY 17, 2023

Warehouse 5S is a lean management strategy that helps warehouses accomplish a basic objective: making problems visible. The 5S model is named for five Japanese terms that capture its core philosophy — waste reduction and improved efficiency. Some common sorting strategies include: General cleaning of an area.

Waste Reduction 52

Waste Reduction Inventory Reduction Cost Reduction Resource Reduction 52

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

Logistics Viewpoints

JANUARY 3, 2023

Of course, the CPG company should also support its D2C initiative with better customer experience, omnichannel shopping alternatives, ease of use for commercial websites, frictionless returns, etc. Direct access to customer data through D2C enables product improvement, innovation, and transition opportunities.

Optimization Modeling 121

Optimization Modeling Inventory Reduction Scenario Planning Price Reduction 121

Logistics Business Magazine

NOVEMBER 29, 2023

With Post Offices closing and the Royal Mail offering a parcel pick up service, many companies are reviewing delivery strategies and taking responsibility for their own parcel and post labelling. Labels are not pre-cut, allowing companies to print labels of any size. In addition, because labels are cut to size there is no wastage.

Waste Reduction 58

Waste Reduction Price Reduction Cost Reduction eCommerce 58

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

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. But with spot prices well below that level – and still falling – this target is likely unrealistic to most shippers. What just happened??? More (too much?)

Price Reduction 62

Price Reduction Inventory Reduction Industry Cost Reduction 62

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 123

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 123

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 84

eCommerce Operations Inventory Reduction Modeling Software 84

Ship Monk

MAY 10, 2024

We get a lot of questions from ecommerce businesses about shipping costs — questions about how they’re calculated, how our rates compare to what they’re paying now, what kind of discounts they can expect, and how they can reduce their shipping costs. DIM Weight Dimensional weight , a.k.a. Some offer flat rates for certain size packages.

Negotiating Skills 85

Negotiating Skills eCommerce Cost Reduction How To 85

WorkWave

JULY 31, 2019

By pairing a solid organic social content strategy with a full-funnel social advertising strategy, you will gain much greater value and be able to tie efforts to actual ROI. Once you are set up you can jump into your strategy and execution. However, it is probably the most important part of your advertising strategy.

Waste Reduction 58

Waste Reduction Price Reduction Strategy How To 58

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

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

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

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