Logistics Business Magazine

OCTOBER 26, 2022

Driven by strong organic growth and a strategy of acquisitions to better meet market needs, the RAJA Group has become a key player in the field of business supplies and equipment. The post RAJA shares growth strategy with suppliers appeared first on Logistics Business® Magazine.

Material Savings 63

Material Savings Strategy Manufacturing Procurement Eliminating Excel in Purchasing 63

The Logistics of Logistics

FEBRUARY 24, 2023

CTL offers a range of educational programs, including a master’s program in supply chain management, executive education courses, and online courses, all of which focus on preparing students for careers in the transportation and logistics industry.

Supply Chain Planning Software 328

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Transportation 328

FreightWaves SONAR

APRIL 13, 2021

With the proper use of data and freight analytics , contract procurement and securing capacity can be enhanced. The incredible insights that accurate data has to offer combats volatility and unearths a clear understanding of what’s actually happening in the market. Those are the founding principles behind SONAR SCI Lane Acuity.

Negotiating Skills 97

Negotiating Skills Optimal Sourcing Sourcing Strategies Data 97

FreightWaves SONAR

FEBRUARY 11, 2021

However, enterprise shippers can make a comeback by implementing smart truckload shipping strategies by retooling and putting freight forecasting power to work. And these additional five shipping strategies can help enterprise shippers maximize recovery and boost profits. It’s that simple.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 98

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 Business Magazine

FEBRUARY 24, 2022

Research by Inmarsat , a world leader in global, mobile satellite communications, reveals relatively few businesses derive maximum benefit from the IoT data that they gather. Infrequent data collection and lacking an IoT data strategy leaves many businesses surveyed struggling to extract full value from their IoT data.

Waste Reduction 61

Waste Reduction Security Data Supply Chain Planning Software 61

Logistics Viewpoints

APRIL 6, 2023

The urgency of response to a disruption of a Category 1 supplier is of course much higher than that of a Category 4 supplier. Leverage AI to benefit from supplier community data: Building trusted relationships with suppliers is an imperative for success.

Optimal Sourcing 120

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Procurement Analytics 120

ShipLilly

JUNE 28, 2021

Thankfully some strategies can be used to mitigate the cost. This is a fiscally sound strategy that cuts down on reverse logistics costs for organizations. Use of Data and Information. Having a centralized location for data processing can help to handle returns cheaply and liquidate any inventory that is left behind.

Vendor Strategies 98

Vendor Strategies Cost Reduction Expense Reduction Inventory Reduction 98

GoShip Blog

NOVEMBER 8, 2023

Every successful shipment hinges on the precision of the initial data provided. In the world of LTL shipping, where shipments often involve multiple carriers and touchpoints, the accuracy of the initial data becomes even more crucial. This co-sharing demands precise data from the get-go.

Optimization Software 52

Optimization Software Data Logistics Network Optimization Software Freight 52

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. Even with that information, there is still room for improvement. Download the White Paper.

Data 88

Data Price Reduction Freight Resource Reduction 88

EazyStock

DECEMBER 13, 2020

In a perfect world, supply chain managers would be able to foresee every possible risk and threat to their supply chain and have a strategy prepared to successfully address any challenges when the moment came. Uncertainty is all but guaranteed in 2021 – the best course of action is to mitigate whatever risks you can.

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Supply Chain Planning Software Cost Reduction 98

FreightWaves SONAR

FEBRUARY 25, 2021

But knowing what’s happening based on historic, peer and market data can help shippers figure out how carriers price freight loads. Here are a few things managers need to keep in mind when working with real-time freight data for pricing purposes. . Of course, it all depends on the ability to stay strategic. .

Negotiating Skills 92

Negotiating Skills Price Reduction Expense Reduction Data 92

Talking Logistics

JUNE 14, 2018

This all leads to added complexity that must be addressed with automation and modern data connectivity, especially from a transportation management system (TMS) standpoint. There are few systems that benefit more from connectivity, real-time information, and normalized data than a TMS.

Supply Chain Software 73

Supply Chain Software Picking Strategy Logistics Network Optimization Software 73

Logistics Viewpoints

FEBRUARY 8, 2024

While predictive analytics seeks to answer questions such as “what might happen in the future,” prescriptive analytics goes beyond by recommending the best course of action going forward. Traditional slotting solutions require customized models, extensive engineering, measurement, and data collection.

Optimization Software 143

Optimization Software Modeling Software Efficiency Inventory Reduction 143

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

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 287

Logistics Network Optimization Software Supply Chain Planning Software Logistics After-sales 287

The Logistics of Logistics

NOVEMBER 10, 2023

Tim Higham and Joe Lynch discuss the free TMS, which is of course AscendTMS. It grew through a continued mixture of internal organic growth and further diversification through a continued acquisition strategy with Palm Beach Capital. You can be confident that your data is safe and secure when using AscendTMS. AscendTMS).

Logistics Network Optimization Software 370

Logistics Network Optimization Software Sourcing Strategies Optimal Sourcing Cost Reduction 370

Logistics Viewpoints

SEPTEMBER 28, 2023

Advancements in tech, including data analytics and automation, have made it possible to gain better visibility into transportation operations and identify opportunities for cost savings and process improvements. Organizations have turned to data-driven decision making as a cornerstone of transportation spend optimization.

Supply Chain Software 139

Supply Chain Software Supply Chain Planning Software Cost Reduction Material Savings 139

Logistics Bureau

SEPTEMBER 4, 2023

And, of course, I will also share how knowing your cost-to-serve will help you to solve those all-too-familiar performance gremlins. We’ll begin with a look at pricing strategy. Do You Lack Confidence in Your Pricing Strategies? It’s unlikely, however, that the effects of your pricing strategies are quite that simple.

Negotiating Skills 89

Negotiating Skills Purchasing Skills Cost Reduction Analysis 89

Logistics Viewpoints

AUGUST 22, 2023

And in the intervening years — as we’ve leveraged real-time data, ML and AI to help countless companies answer the “where’s my truck” question — I’ve continued to underscore that visibility is a foundational technology. That’s when you can course correct in any number of ways that make your business more efficient and your customers happier.

Supply Chain Planning Software 111

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 111

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

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 Business Magazine

APRIL 29, 2020

Shipping and freight professionals want to change their supply chain strategies post-Covid, according to a recent survey. Answered by over 300 Shipping and Freight Professionals across the world, the survey brought out some key indicators that will inform the future course of global supply chains. Find more details here.

Resource Reduction 41

Resource Reduction Supply Chain Design Software Survey Supply Chain Design 41

Shipchain

JUNE 25, 2019

We must embrace the possibilities of Big Data, the Internet of things, blockchain technology, predictive analytics, and the growing unrest that these things bring to the industry. The Internet of Things (IoT) serves as a mean for connecting systems together, and Big Data analytics give supply chain leaders insight into granular data.

Supply Chain Software 61

Supply Chain Software Supply Chains Digital Logistics Network Optimization Software 61

GlobalTranz

FEBRUARY 23, 2018

Omnichannel, as a word and strategy in retail, is shifting. Connect All Data to Understand Customers’ Shopping Experiences. The same technology does have implications for obtaining consumer authorization, storage of cookies and personal data, and giving real-time feedback for store associates.

Course 65

Course Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 65

GlobalTranz

NOVEMBER 18, 2016

Big data applications are already impacting supply chain entities around the globe, but some of its most interesting possibilities may have yet to be realized. However, the current progression of big data does give rise to some very tangible benefits to your company within the next five years. 6 Benefits to Using Big Data Applications.

Supply Chain Planning Software 89

Supply Chain Planning Software Data Material Savings Manufacturing Procurement 89

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

NOVEMBER 21, 2023

The decision to opt for frozen products over fresh ones is not just about convenience; it is a calculated strategy to strike a harmonious balance between buyers’ wallets and taste buds. Supply chain professionals in the cold chain space have observed the steady rise of this trend and are ready to heed the call.

Optimal Sourcing 94

Optimal Sourcing Sourcing Strategies Resource Reduction Optimization Software 94

WorkWave

SEPTEMBER 6, 2023

Not only does it provide a space to test hypotheses, but it takes it a step further, giving you results and data to power smarter decisions based on accurate data. B2Bs can simulate potential risks and challenges that may arise in their operations by experimenting with different strategies in a risk-free environment.

Expense Reduction 96

Expense Reduction Cost Reduction Resource Reduction Scenario Planning 96

Logistics Viewpoints

JULY 28, 2022

The difficulties are pushing companies to come up with creative strategies that help encourage employees to find on-the-job fulfillment. Throughout these processes, the bots are tracking data and interactions and can even guide associates throughout the work processes.

Supply Chain Design Software 151

Supply Chain Design Software Sourcing Strategies Supply Chain Software Material Savings 151

FreightWaves SONAR

APRIL 29, 2021

That has also increased the pressure on retailers to keep other freight and logistics costs low with more capital and expense being dedicated to the development of new omnichannel strategies. . Using SONAR data in contract negotiations with carriers and 3PLs. . Those use cases include: . Evaluating truckload to intermodal conversion.

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

3PL Links

APRIL 23, 2024

The finest relationships for your business are identified by developing decision models based on multiple criteria and accessing useful data through algorithms. Artificial intelligence is being used by enterprises in the modern day to establish more efficient delivery strategies.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 48

FreightWaves SONAR

NOVEMBER 19, 2020

According to Derrick Steiner of Digitalist Magazine , “Today’s leading companies are working very hard to be intelligent enterprises, capable of harnessing the power of end-to-end experience and operational data, to connecting their demand chain with their customers, who are social, mobile and shop in many channels, to their supply chain.

Supply Chain Software 106

Supply Chain Software Supply Chains Sourcing Strategies Scenario Planning 106

FreightWaves SONAR

FEBRUARY 16, 2021

Of course, that all depends on seeing the activities that are occurring, benchmarking current carrier operations and continuously improving. Streamline data capture and analysis. Freight intelligence tools help management develop a more unified freight strategy. Supply chains exist as data-driven entities.

Supply Chain Software 98

Supply Chain Software Trucking Expense Reduction Resource Reduction 98

Ship Monk

APRIL 5, 2024

The process involves collecting quantitative and qualitative data concerning vendor-provided goods and services, and analyzing this data for opportunities to improve (or reasons to end) the relationship. Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. If so, good on you!

Negotiate Pricing 82

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 82

The Logistics of Logistics

MAY 14, 2018

Over the course of his career, he launched over 30 products and services in industrial B2B and technology markets. 13:58 – Most businesses are adept in dealing with data. Develop strategies for controlling inputs. Podcast Summary: Welcome to the first episode of The Logistics of Logistics podcast! Filling in a capability.

Logistics Network Optimization Software 150

Logistics Network Optimization Software Resource Reduction Logistics Exercises 150

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