Freightos

MARCH 17, 2019

The annual fixed-price contract is the current go-to for ocean freight procurement. Just like streaming replaced that iPod as a better way of listening to music, ocean freight procurement now has a better way. But Does Fixed Ocean Price Procurement Need Fixing? We never looked back. Source: SGX, Freightos Baltic Index.

Optimal Sourcing 48

Optimal Sourcing Procurement Price Reduction Freight 48

Logistics Bureau

APRIL 3, 2023

To date, most of our content has covered topics related either to logistics or manufacturing outsourcing. So, for example, outsourcing sales activity is not typically a good idea if yours is a retail sales company. But, of course, what those circumstances are is for you to decide.

Outsourcing 87

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 87

Shipping and Freight Resource

MARCH 10, 2020

To the uninitiated (which included me at one stage), these industries are same or similar and it might come across that there is no difference between Maritime, Shipping, Freight, Logistics, Supply Chain and Trade. Shipping Business = the act of carriage of cargo from point A to point using the ships which falls under the Maritime industry.

Maritime 134

Maritime Supply Chain Planning Software Supply Chains Manufacturing Procurement 134

Logistics Viewpoints

FEBRUARY 8, 2022

For example, they might browse products online, but visit a brick-and-mortar store to finalize their selection. Navigating an Increasingly Challenging Logistics Landscape. It’s challenging for logistics providers to keep up, even in perfect supply chain conditions. due to the higher costs associated with online selling.

Optimal Sourcing 112

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 112

Logistics Bureau

APRIL 18, 2019

Are you fresh out of college or university and planning to enter the supply chain or logistics profession? Of course the same is true in many professions, but is particularly so in the arena of supply chain and logistics. Types of Job in Supply Chain and Logistics. –Robert Freeman, Procurement Expert.

Manufacturing Procurement 96

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 96

Logistics Viewpoints

AUGUST 22, 2023

I’ve said it before (right here in Logistics Viewpoints), but it’s worth repeating: the digital transformation of our complex global supply chains is an ongoing journey. That’s when you can course correct in any number of ways that make your business more efficient and your customers happier. Why is this shift such a big deal?

Supply Chain Planning Software 111

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

Kanban Logistics

AUGUST 13, 2020

What is inbound logistics? See, there’s a big difference between handling inbound logistics yourself and outsourcing it to a trusted North Carolina third-party logistics (3PL) provider that knows the manufacturing industry. What is inbound logistics? 3PL inbound logistics services. Third-party procurement.

Manufacturing Procurement 98

Manufacturing Procurement Inbound 3PL Material Savings 98

Logistics Bureau

OCTOBER 11, 2021

The first steps, of course, are to understand the challenges you face, prioritise them for action, and consider the resources and help you need to meet and overcome them. Supply Chain and Logistics Knowledge. There are, of course, several ways to achieve a logistics knowledge infusion. Product Availability.

eCommerce 62

eCommerce Supply Chain Planning Software Negotiating Skills Material Savings 62

Logistics Bureau

MAY 30, 2022

For example: Alignment of strategy and cost leads to happy shareholders. If you’d like some practical help to get these supply chain pillars aligned in your company, the senior team at Logistics Bureau are all specialists in supply chain strategy. Why does the C-suite want the three pillars aligned?

Inventory Reduction 112

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 112

Logistics Viewpoints

FEBRUARY 28, 2022

In the course of updating our annual research on the supply chain planning market , I talked to executives across the industry. Lead times, for example, are a critical form of master data for planning purposes. The processing units in an oil refinery, for example, operate at high temperature and high pressure.

Supply Chain Planning Software 169

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 169

Parade

MARCH 3, 2021

For freight brokers and third-party logistics providers, efficiency is king. And in the example of invoices, the unwieldy process of cross-referencing and auditing means that fraud in the logistics business is all too common. For logistics companies, ease of use matters.

Supply Chain Software 148

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 148

Logistics Viewpoints

JANUARY 25, 2024

Some try delving into deep learning or a crash course in generative AI (GenAI), but I don’t recommend starting there. Workers from picking and packing to planning and procurement are in short supply, stimulating interest in increasing productivity of the existing workforce. Because it doesn’t understand, we need humans at the helm.

Supply Chain Planning Software 139

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 139

Logistics Bureau

JULY 11, 2022

These KPIs should all be applicable to your supply chain operation, subject to some tweaking to reflect the precise characteristics of your inbound logistics and purchasing functions. Example: Purchase order quantity in current month = 200,000 units, Quantity received = 199,880 units. Supplier performance = 99.94%. Delivery On-time.

Procurement Analytics 107

Procurement Analytics Procurement Solutions Purchasing Skills Inbound 107

Logistics Business Magazine

FEBRUARY 8, 2022

In parallel with this market activity, we are seeing a marked upswing in recruitment for senior and middle-ranking logistics and supply chain posts in the sector. Direct-to-Patient promises to be more convenient, to reduce waste, to encourage better course adherence by patients, as well as helping to control the problem of parallel imports.

Buyer Training 53

Buyer Training Waste Reduction Logistics Network Optimization Software Supply Chain Planning Software 53

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. That’s the first question to ask.

Negotiating Skills 82

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

Logistics Bureau

DECEMBER 9, 2019

Rob O’Byrne makes an early start with his round-up of supply chain and logistics trends that might make industry headlines in the coming year. His observations include trends in first and last-mile logistics, and the increase in SMEs entering global markets. 2020 Supply Chain and Logistics Trends: What’s Around the Corner?

Supply Chain Software 115

Supply Chain Software Logistics Network Optimization Software Supply Chains Trends 115

Logistics Bureau

DECEMBER 4, 2023

The answer depends, of course, on your company’s objectives and, particularly, on your customer service promises. It’s a random approach in which, for example, a consignment of electric blenders might find a home in a storage location between bottles of shampoo on one side, and dog collars on the other. What Next for Toyota IM?

Inventory Reduction 87

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 87

Freightos

JANUARY 25, 2024

Aimee Loshinsky January 25, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo In Freightos Q4 2023 KPI press release , we announced that the company surpassed one million bookings across the platform in 2023. A: Back then, every transaction was an uphill struggle.

Logistics Network Optimization Software 110

Logistics Network Optimization Software Optimization Software Digital Buyer Training 110

CH Robinson Logistics

JUNE 16, 2021

History has defined resiliency as being strong and resolute, but the new definition of resiliency will be those who understand vulnerability and prioritize agility. And in this new era of innovation, where increasing supply chain resiliency and agility is key, we cannot stand idle. This quarter, we have 177 additional features planned.

Supply Chain Planning Software 62

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software White Paper 62

Logistics Viewpoints

FEBRUARY 26, 2024

For example, when a UPS strike was looming last year, the Interos solution automatically highlighted Cooper’s strategic suppliers that relied on UPS for shipping. Of course it would! Agility and Resilience Dr. Runkle gave a few examples of the varied ways in which they use the solution to improve their operations.

Supply Chain Planning Software 149

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 149

Logistics Bureau

NOVEMBER 16, 2020

And now let us examine the reasons why a career in logistics offers so much diversity to so many workers. It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

Logistics Bureau

NOVEMBER 2, 2020

For some companies it means ethical procurement, for others it involves supporting worthy causes. Companies have to pursue profits of course, (how else will they stay in business?) Examples of CSR Programmes. It is always helpful to look at some concrete examples when exploring complex topics. Example #1: Lego.

Waste Reduction 112

Waste Reduction Resource Reduction Supply Chain Design Software Supply Chain Planning Software 112

Logistics Business Magazine

FEBRUARY 7, 2022

The five solutions of OSCA – short for “Online Supply Chain Accelerator” – are: Supplier Relationship Management (SRM), Corporate Social Responsibility (CSR), Procurement, Quality Control, and Global Logistics. Setlog is a founding member of both Open Logistics e.V.,

Procurement Solutions 54

Procurement Solutions Supply Chain Software Logistics Network Optimization Software Presentation 54

Logistics Viewpoints

SEPTEMBER 29, 2021

Over the last few years, we have seen dozens and dozens of examples of companies changing the way they source materials to promote sustainability and ethical standards. For example, 71 percent of respondents said that businesses have a responsibility to ensure their suppliers abide by an ethical code of conduct. Ethical Sourcing.

Sourcing Strategies 122

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Purchasing Skills 122

Parade

MARCH 3, 2021

For freight brokers and third-party logistics providers, efficiency is king. And in the example of invoices, the unwieldy process of cross-referencing and auditing means that fraud in the logistics business is all too common. For logistics companies, ease of use matters.

Supply Chain Software 78

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

Parade

MARCH 3, 2021

For freight brokers and third-party logistics providers, efficiency is king. And in the example of invoices, the unwieldy process of cross-referencing and auditing means that fraud in the logistics business is all too common. For logistics companies, ease of use matters.

Supply Chain Software 78

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

Logistics Bureau

APRIL 25, 2022

In any case, an excellent place to start is by knowing what the most vital supply chain leaders’ skills are and, of course, why you need them. As a supply chain leader, your input into IT procurement will be crucial , and you must know enough about your company’s technology needs to discuss them with vendors.

Negotiating Skills 105

Negotiating Skills Buyer Training Supply Chain Planning Software Supply Chain Design Software 105

Logistics Viewpoints

MAY 5, 2021

There is of course a system of checks and balances for global corporations when looking at supply chain sustainability, as even though they may have the best intentions, profitability is still the main business driver. As a result, Mars has been able to procure renewable electricity to cover the entire business in those specific countries.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chains 118

Material Handling and Logistics

MAY 22, 2018

Instead of trying to cut costs silo by silo, these companies take an integrated view of operations (product design, procurement, manufacturing, supply chain management). Of course, some design issues are strategic and take longer to implement, but many offer quick efficiency improvements. Procurement: Buy Better, Spend Better.

Supply Chain Design Software 60

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 60

Logistics Bureau

AUGUST 1, 2022

The demand planner must engage sales, marketing, finance, and logistics colleagues to gather the required data. So, for example, the Head of Supply might be the Supply Chain Director, Supply Chain Manager, or another non-executive supply chain management specialist. S&OP is ostensibly a numbers game, of course.

Supply Chain Planning Software 104

Supply Chain Planning Software Scenario Planning Operations Supply Chain Design Software 104

Logistics Viewpoints

JUNE 20, 2022

China, for example, only produces 14% of their total units, only 3% of those units end up being exported to the United States and 2% to EMEA. Much of the world’s fabric is produced in Asia, for example. To achieve this, VF has invested in their logistics infrastructure. That of course, works to VF’s advantage as well.

Supply Chain Planning Software 126

Supply Chain Planning Software Supply Chain Software Manufacturing Procurement Supply Chains 126

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. It includes all of its elements: customers, sales channels, products, warehouses, logistics network, and the interactions between them. This is a framework for defining the scope and phasing of the initiatives.

Supply Chain Planning Software 157

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 157

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. Here at Logistics Bureau, we’ve been helping warehouse operators with layout optimisation for decades.

Cost Reduction 107

Cost Reduction Purchasing Skills Waste Reduction Material Savings 107

Logistics Bureau

JANUARY 7, 2020

Of course, it is helpful to have some statistics on hand to validate the statement above. Walmart may be the most famous example of a company that has succeeded primarily because of a well-developed and aligned supply chain strategy. Select one strategic logistics partner and build a long-term, close relationship.

Supply Chain Design Software 122

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

Logistics Business Magazine

AUGUST 13, 2018

In spring this year, the European Materials Handling Federation (FEM) called on students across Europe to develop ideas that help meet the challenges of the logistics sector. 571 students from 26 countries took part in “The Smart Logistics Challenge – How to Deliver, Tomorrow” competition. Cobots, 3D printers and digital platforms.

Logistics Network Optimization Software 28

Logistics Network Optimization Software Optimal Sourcing Materials Handling Modeling Software 28

Logistics Bureau

DECEMBER 20, 2021

Every article we publish covering logistics and supply chain KPIs piques our website visitors’ interest and receives a wealth of positive feedback. Inventory Turns: An Illustrative Example. Here’s an example of the total calculation of inventory turns: Company A has COGS of $315 million for the year 2020.

Inventory Reduction 92

Inventory Reduction Inventory Cost Reduction Purchasing Skills 92

Logistics Viewpoints

JULY 14, 2021

The complete process would include procurement, creation of a route guide, planning and optimization, electronic communication with carriers, visibility and exception management, freight audit, and performance management. For example, in the US, May 2020 alone eclipsed the entire 2019 holiday shopping season and $82.5

Optimization Software 153

Optimization Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 153