Logistics Viewpoints

MARCH 2, 2023

HBR also cites technology’s ability to cut costs and to make “companies more agile and therefore better able to handle […] uncertainty and rapid change.” And, once implemented properly, having a collaborative, tech-enabled supply chain network powered by free-flowing, actionable data will unlock measurable business value.

Waste Reduction 118

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 118

GlobalTranz

MAY 8, 2015

One that is integrated with TMS offers more value for customers and better leverage when negotiating contracts with additional features providing the latest data. The fundamentals of a Freight Rating System match a user’s shipping and freight characteristics and a carrier’s service and price options. Go with TMS Integration.

Supply Chain Planning Software 90

Supply Chain Planning Software Optimization Software Negotiating Skills Logistics Network Optimization Software 90

Shipping and Freight Resource

FEBRUARY 4, 2020

Digital Transformation is a strategic transformation of the business processes and models to leverage the opportunities created by the digital technologies which can result in improved customer service and value additions to the business. digitally transform the business and its strategy.

Supply Chain Planning Software 98

Supply Chain Planning Software Freight Supply Chain Design Software Modeling Software 98

CLX Logistics

SEPTEMBER 9, 2022

With setup, guidance, and support from supply chain management experts, these tools can help improve processes, reduce costs, and save time. Here’s our list of the four essential supply chain management tools you need to provide the best service at the best price. Shipping Management. Telematics-Based Tracking.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Procurement Solutions Optimization Software 52

GlobalTranz

APRIL 17, 2018

These giants have deep pockets, capable of offering low-cost, if not free, parcel shipping. Rather than giving up, shippers need to consider what Amazon and the big box giants have done right and apply these concepts as part of a robust parcel shipping strategy. Negotiate Shipping Rates Like a Pro.

Cost Reduction 60

Cost Reduction Material Savings Expense Reduction Negotiating Skills 60

GlobalTranz

JANUARY 4, 2017

And our client engages with 3PL by open book cost plus contracts and gain share and pain share incentive. What are the major KPI’s to be followed under the below attributes: Cost or Cost Savings. Use Value Engineering : Reduce the Cost and retain the function of anything. Are new cost Savings methods being investigated?

Negotiating Skills 77

Negotiating Skills Cost Reduction Scenario Planning Inventory Reduction 77

GlobalTranz

APRIL 7, 2017

Most transportation costs in a company arise from inbound logistics cost. If other words, the costs associated with transportation of items from vendors make up the biggest portion of will transportation costs, reports Amy Roach Partridge of Inbound Logistics. Real-Time Data Promotes Use of Lowest-Cost Carriers. .

Vendor Strategies 55

Vendor Strategies Inbound Cost Reduction Inventory Reduction 55

GlobalTranz

APRIL 5, 2016

However, the economy is on the mend, and the need for immediate cost savings and lean solutions is starting to take the backburner to how 3PL Logistics Companies could benefit shippers through long-term relationships. The needs of yesteryear-clients were quite simple: get costs under control quickly. They get lost or misplaced.

Negotiating Skills 55

Negotiating Skills Logistics Network Optimization Software 3PL Purchasing Skills 55

GlobalTranz

JULY 22, 2015

Based on the research of inboundlogistics.com, freight costs can make up 10% of an organization’s expenditure. As a consequence of rising freight costs, an increasing number of organizations has been more proactive in controlling freight cost and have outsourced the freight auditing process to freight audit specialists.

Negotiating Skills 94

Negotiating Skills Freight Resource Reduction Cost Reduction 94

Freightos

JANUARY 8, 2019

Self-service support and document management. Kuehne+Nagel was one of the first big freight forwarders to have price quotes and self-service directly on their homepage. Not to mention price quotes and other paperwork, customs forms, certificates of origin. Open data standards. Big data and AI. Download Now.

Freight 60

Freight Negotiating Skills Digital Tracking and Tracing 60

GlobalTranz

MARCH 6, 2017

Unlike other scanners, the scan in Scandal doesn't have to be perfect to process data as it can scan hard to reach the barcodes with ease. It is also cross-platform enabled to facilitate ease of data sharing across other networks on-line. It is widely known and used in online filing and storage of documents used in the supply chain.

Logistics Network Optimization Software 60

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 60

GlobalTranz

AUGUST 18, 2016

Value-Added Services and TMS Capabilities Are Critical Points in Contract Negotiation. Value-added services have also taken on a technology-like role as more companies want to use a comprehensive transportation management system (TMS) to thorough document and optimize their processes.

Supply Chain Planning Software 60

Supply Chain Planning Software Optimization Software Supply Chain Software Logistics Network Optimization Software 60

CLX Logistics

FEBRUARY 22, 2024

Procurement management stands at the crossroads of technological innovation and strategic decision-making. From optimizing operational efficiency to maximizing cost savings, organizations must navigate a complex landscape of competing priorities and evolving market dynamics.

Optimal Sourcing 52

Optimal Sourcing Procurement Negotiating Skills Supply Chain Software 52

Logistics Viewpoints

APRIL 26, 2024

Those images are then matched with a natural language processing of text-based description of the product, plus other quantitative data to match the item with its ideal shipping solution. In the court document, the city argues that the ship’s parent company, Grace Ocean Private Ltd., And now on to this week’s logistics news.

Logistics Network Optimization Software 102

Logistics Network Optimization Software Material Savings Supply Chain Planning Software Cost Reduction 102

SYSPRO Smarter ERP

JANUARY 12, 2022

With direct and indirect materials making up at least 50% of typical manufacturing costs, the procurement function could be re-imagined so companies can be more responsive to customer demands and more agile when dealing with supply chain challenges. They have a contract with a supplier who delivers on time, and who charges acceptable prices.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Supply Chain Planning Software 105

GlobalTranz

MARCH 18, 2015

You will want to gain insight into what differentiates one 3PL from another, what core capabilities they offer and what skills do they have in developing strategies and thought leadership. From this vantage, a strategic 3PL partnership will form a collaboration with your company to fine tune a strategy to meet your needs.

Negotiating Skills 91

Negotiating Skills 3PL Resource Reduction Cost Reduction 91

Shipping and Freight Resource

MAY 24, 2020

In 1990, the CMI adopted the Rules for Electronic Bills of Lading in order to establish a mechanism for replacing the traditional negotiable paper bill of lading with an electronic equivalent. Only the setting of digital standards will enable seamless communication and data transfer between all the role players in the chain.

Modeling Software 93

Modeling Software Cost Reduction Negotiating Skills Resource Reduction 93

Conger

DECEMBER 13, 2022

Because in this post, you’ll find 11 effective strategies for doing just that. Reliable suppliers with quality supply practices achieve better operational performance in quality, flexibility, reliability, cost, and design. With data and full control, you can change, adjust, and pivot as need be. Let's dive in! Easier returns.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Vendor Strategies Waste Reduction 52

GlobalTranz

AUGUST 9, 2016

The are the 8 Rights of Lean Transportation thinking: Right Materials, Right Quantity, Right time, Right Place, Right Source, Right Price, Right Quantity, and. Transportation strategy should not drive how and when product is delivered. Transportation strategy and tactics must support Lean inventory strategies.

Waste Reduction 53

Waste Reduction Cost Reduction Inventory Reduction Price Reduction 53

GlobalTranz

JULY 28, 2016

Several technologies are being developed to conduct international transactions and keep track of their shipment, while negotiating with freight companies, retailers and suppliers, the following come into play for the effectiveness of eLogistics: Freight Forwarding Management Systems. Data Interchange in Real Time.

Inventory Reduction 59

Inventory Reduction Supply Chain Software Cost Reduction Tracking and Tracing 59

FreightWaves SONAR

MARCH 19, 2021

After all, everyone is focused on keeping costs under control, maximizing use of assets and capacity, avoiding tender rejections and more. It is also why shippers should apply that information to stay strategic and turn strategy into a tactical advantage in transportation procurement and day-to-day activities.

Negotiating Skills 11

Negotiating Skills Optimal Sourcing Buyer Training Procurement 11

Material Handling and Logistics

OCTOBER 26, 2018

In recent years, firms both large and small have launched new “Data Science” or similarly named groups. As the phenomenon of Big Data has taken hold in the private sector, many firms which as recently as 10 years ago devoted minimal resources to large scale database mining and analytics have reversed course.

Supply Chain Design Software 89

Supply Chain Design Software Supply Chain Software Inventory Reduction Supply Chain Planning Software 89