Logistics Viewpoints

APRIL 4, 2024

In this blog, I will discuss the use of AI/ML demand planning for fresh products to help maximize sales and reduce waste. Looking back on that week of straight rain in August, not only were my tips affected, but the data for future forecasts was as well!

Scenario Planning 138

Scenario Planning Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 138

Parade

DECEMBER 21, 2021

Here’s why technology should be part of your overall strategy. Brokerages across the globe have turned to technology for a competitive advantage, helping them increase sales, get loads covered, improve customer experience, and cut out the busy work that slows them down. They could be missing out in consequence.

Supply Chain Planning Software 78

Supply Chain Planning Software Price Reduction Scenario Planning Supply Chain Software 78

Parade

DECEMBER 21, 2021

Here’s why technology should be part of your overall strategy. Brokerages across the globe have turned to technology for a competitive advantage, helping them increase sales, get loads covered, improve customer experience, and cut out the busy work that slows them down. They could be missing out in consequence.

Supply Chain Planning Software 78

Supply Chain Planning Software Price Reduction Scenario Planning Supply Chain Software 78

WorkWave

MARCH 26, 2024

Let’s delve into this topic to understand its significance and explore strategies for optimizing delivery routes to enhance customer satisfaction. By minimizing fuel consumption, reducing vehicle wear and tear, and optimizing driver schedules, businesses can cut down on operational costs associated with logistics.

Optimization Software 105

Optimization Software Optimization Logistics Network Optimization Software Cost Reduction 105

Blue Grace Logistics

JULY 27, 2021

Leading 3PL builds on previous integration of Trucker Tools’ real-time visibility and predictive freight matching, launches automated one-click booking to further streamline transactions for owner-operators, small-fleet truckload community.

Logistics Network Optimization Software 117

Logistics Network Optimization Software Optimization Software Tools Waste Reduction 117

Logistics Bureau

SEPTEMBER 4, 2023

If your business is experiencing a persistent reduction in profit margins, analysing your cost to serve is an advisable step in diagnosing the causes. Process Performance What if the problem isn’t connected to products, customers, or pricing but lies instead with process performance? Are Your Profit Margins Declining?

Negotiating Skills 89

Negotiating Skills Purchasing Skills Cost Reduction Analysis 89

FreightWaves SONAR

JANUARY 5, 2021

Although many carriers have worked diligently towards reducing operational costs and increasing profit margins, there is still work to do for the top for-hire truckload freight carriers to improve. Let’s look at seven ways that freight technology and data achieves that goal. Freight data reduces dwell time and load time.

Cost Reduction 105

Cost Reduction Waste Reduction Expense Reduction Price Reduction 105

FreightWaves SONAR

JANUARY 13, 2023

Leaders across the logistics industry have been making data-informed decisions for decades. Not all data is created equal, however, and many of the tools and processes that provided “cutting-edge” advantages several years ago have fallen behind the curve. . There is an innate lag in legacy data. port activity. .

Negotiating Skills 52

Negotiating Skills Data Freight Price Reduction 52

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

Transporeon

JANUARY 25, 2018

In the case of an Amway multivitamin, for example, the company controls the process “from seed to supplement,” transporting raw materials to manufacturing sites in the U.S., The team would post rate matrices, but carriers would then manipulate both the file structure and the data.

Negotiating Skills 48

Negotiating Skills Manufacturing Procurement Cost Reduction Supply Chain Planning Software 48

GlobalTranz

APRIL 20, 2021

Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. It’s the result of a deliberate strategy that may require tradeoffs compared to other approaches. This strategy requires greater investment and inventory carrying costs but enables continued production.

Supply Chain Planning Software 115

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

Conger

MARCH 22, 2024

In this article, we explore how these AGVs are changing the warehouse industry by minimizing human error, reducing labor costs, and setting new standards for productivity and safety. By taking over repetitive tasks from humans, AGVs cut down on workplace injuries caused by overexertion or human error. Let’s dive in!

Materials Handling 79

Materials Handling Material Savings Supply Chain Software Cost Reduction 79

Freightos

AUGUST 14, 2023

In one example, an employee of Varda, a SpaceX-like company, began to publicly attempt to replicate the study and had over 10,000 people tuning in to watch a live stream of rocks in a furnace. We’ve been here before with Blockchain and Tradelens, which launched in 2018 and was done by the end of Q1 2023 – a good example of hype waves.

Price Reduction 99

Price Reduction Logistics Network Optimization Software Material Savings Supply Chain Software 99

GlobalTranz

FEBRUARY 17, 2016

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well.

Inventory Reduction 65

Inventory Reduction Cost Reduction Waste Reduction Vendor Strategies 65

SYSPRO Smarter ERP

APRIL 18, 2022

Longstanding weaknesses in the supply chain like port infrastructure, outdated supply chain strategies and impacts of natural disaster and wars have all further affected global supply chains. With reliable data from ERP manufacturers and distributors can use data analytics to respond to challenges.

Manufacturing Procurement 124

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software ERP 124

Conger

MARCH 22, 2024

In this article, we explore how these AGVs are changing the warehouse industry by minimizing human error, reducing labor costs, and setting new standards for productivity and safety. By taking over repetitive tasks from humans, AGVs cut down on workplace injuries caused by overexertion or human error. Let’s dive in!

Materials Handling 75

Materials Handling Material Savings Supply Chain Software Cost Reduction 75

Logistics Viewpoints

MARCH 24, 2022

It allows them to identify the right carrier service and optimal point of origin for every parcel delivery, seize the best opportunities to cut costs and scale shipping strategies, offset carrier capacity constraints and capacity-based surcharges, reduce costs with bulk shipping, improve returns processes, and more.

Supply Chain Planning Software 132

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Optimal Sourcing 132

Trinity Logistics

JANUARY 19, 2024

Businesses constantly seek innovative solutions for their supply chains to streamline operations, reduce costs, and enhance customer experience. Generative AI is first trained on a foundational model and then fine-tuned with human feedback and additional data. That is one example of a public version of Generative AI.

Supply Chain Software 116

Supply Chain Software Logistics Network Optimization Software Modeling Software Supply Chains 116

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. Truckload pricing software is key to a broker’s ability to buy freight and sell capacity profitably in the daily spot environment. As a freight brokerage, you live and die by your pricing.

Negotiating Skills 78

Negotiating Skills Price Reduction Tools Cost Reduction 78

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. Truckload pricing software is key to a broker’s ability to buy freight and sell capacity profitably in the daily spot environment. As a freight brokerage, you live and die by your pricing.

Negotiating Skills 78

Negotiating Skills Price Reduction Tools Cost Reduction 78

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. Truckload pricing software is key to a broker’s ability to buy freight and sell capacity profitably in the daily spot environment. As a freight brokerage, you live and die by your pricing.

Negotiating Skills 78

Negotiating Skills Price Reduction Tools Cost Reduction 78

CLX Logistics

JULY 13, 2020

So, first thing, hire a benchmarking service to provide you with the data you need. Be diligent about selecting a benchmarking service that knows and understands your freight, and has a large pool of current data. Unless you are in a pure commodity market, price is important. It’s going to take a combination of tools and talent.

Cost Reduction 40

Cost Reduction Vendor Strategies Price Reduction Strategy 40

Blue Grace Logistics

JULY 27, 2021

Leading 3PL builds on previous integration of Trucker Tools’ real-time visibility and predictive freight matching, launches automated one-click booking to further streamline transactions for owner-operators, small-fleet truckload community.

Logistics Network Optimization Software 68

Logistics Network Optimization Software Optimization Software Tools Waste Reduction 68

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

FourKites

DECEMBER 23, 2020

When creating a strategy for improving the productivity of your supply chain, you should analyze your costs within the following four areas: Staff time. Real-time supply chain visibility can significantly reduce wasted time across your operations. 4 Supply Chain Efficiency Measures to Improve Productivity. 2: Right-size Your Inventory.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Waste Reduction 52

Logistics Business Magazine

AUGUST 8, 2023

With the rise of cloud computing and the collection of massive amounts of data, businesses have reached a tipping point. Automation, facilitated by AI, is the logical next step to leverage the vast amounts of data for enhanced efficiency and decision making. Manual processes no longer keep pace with information flow.

Optimization Software 62

Optimization Software Supply Chain Software Resource Reduction Supply Chain Planning Software 62

Logistics Business Magazine

DECEMBER 16, 2021

His analysis is based on conversations and data from Setlog customers who use the SCM tool OSCA, e.g. more than 100 brands in the fashion industry alone. Companies are increasingly considering how to implement circular economy strategies so that fewer products need to be destroyed. New legislation is driving the pace.

Supply Chain Planning Software 54

Supply Chain Planning Software Supply Chain Software Modeling Software Optimization Software 54

3PL Links

DECEMBER 28, 2023

The system eliminates middlemen and streamlines the freight booking process by automatically matching truck drivers with available loads through the use of algorithms. The primary logistics trends for 2024 are shown below, along with examples of how some of the industry’s top businesses are already incorporating them into their plans.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Sourcing Strategies Trends 48

GlobalTranz

APRIL 25, 2017

3PLs Leverage Technology and Data to Improve Operations. The concept of actionable intelligence is about using technology and software to ensure company goals reflect industry strategy and demands. This involves the combination of data capture, analytic and dashboarding tools to make decisions easier. Why Work With a 3PL?

Supply Chain Software 62

Supply Chain Software Cost Reduction Resource Reduction Vendor Strategies 62

Logistics Business Magazine

MAY 5, 2020

With the inclusion of the new stacker crane and transfer cars in its planning software, Interroll has once again expanded the range of applications of the its Layouter Tool. By digitalizing the necessary process chain, planning times for customers can be dramatically reduced—by up to 90 percent, depending on the initial situation.

Logistics Network Optimization Software 36

Logistics Network Optimization Software Material Savings Tools Price Reduction 36

FreightWaves SONAR

MARCH 2, 2021

Companies are rapidly adopting and using real-time data to clearly understand challenges to better mitigate unexpected problems when they arise. In fact, logisticians should consider these top five use cases of increased visibility and data within logistics and how they improve throughput. as of the close of business on March 1, 2021.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Data 52

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

FourKites

DECEMBER 11, 2020

We’ll list some examples of inventory risks below, but generally speaking, inventory risk cost can be assessed as the probability of any event occurring which can damage or cause you to lose your investment in that inventory, coupled with the total value of potential lost goods. Examples of inventory carrying costs. Opportunity Costs.

Inventory Reduction 52

Inventory Reduction Cost Reduction Expense Reduction Resource Reduction 52

Ship Monk

AUGUST 22, 2022

Products are assigned different SKUs based on a variety of factors such as: type, category, price, manufacturer, model, style, color, and size. SKUs provide sellers and the 3PL fulfillment centers that they work with invaluable data about sales and inventory management. There are online tools as well, and you can create SKUs by hand.

Inventory Reduction 52

Inventory Reduction eCommerce Inventory 3PL 52

Turvo

JULY 20, 2021

According to Supply Chain 24/7 , “Exception management means knowing how to respond when to respond, and the best way to respond, to eliminate the risk of disruption, and handle adverse events. Collaborative Shipping Exception Management Depends on Real-Time Data, End-to-End Transparency, and Context. But what does it mean? .

Collaboration 97

Collaboration Handling Supply Chain Planning Software Inventory Reduction 97

Logistics Viewpoints

MARCH 27, 2023

Demand forecasts are improved with access to downstream data (point of sale, Nielsen retail data, and access to competitor promotion schedules). Other external data, like industry data or economic data, is used for other types of forecasts. forecasting product sales at 10,000 stores. This sounds obvious.

Supply Chain Planning Software 114

Supply Chain Planning Software Scenario Planning Optimal Sourcing Supply Chain Software 114

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