The Logistics of Logistics

APRIL 26, 2022

It is one reason experts on logistics are following the autonomous freight truck market and new approaches to freight procurement closely. Michelle Sodomka, a Senior Director in charge of Open Sky Group ’s transportation management practice has 15 years’ experience in risk analysis and mitigation within the logistics industry.

Logistics Network Optimization Software 221

Logistics Network Optimization Software Trucking Freight Supply Chain Planning Software 221

Turvo

AUGUST 31, 2021

With all the volatility that still lingers in the modern supply chain, the need for high-quality data analysis, solid procurement planning, good profit margins , and streamlined scheduling systems all remain crucial for shipping and transportation providers. Why Poor Visibility in Grocery Procurement Plans Lead to Big Issues.

Supply Chain Planning Software 59

Supply Chain Planning Software Procurement Solutions Optimal Sourcing Procurement 59

GlobalTranz

SEPTEMBER 22, 2016

The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. So, why do supply chain managers not take advantage of this data with respect to procurement?

Manufacturing Procurement 108

Manufacturing Procurement Procurement Analytics Procurement Solutions Optimal Sourcing 108

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 company began searching for a better way to procure freight and manage bids.

Negotiating Skills 48

Negotiating Skills Manufacturing Procurement Cost Reduction Supply Chain Planning Software 48

Trinity Logistics

OCTOBER 31, 2021

The term TMS is short for Transportation Management System. This technology allows companies to manage their transportation in one place. Transportation Management software offers you a way to view insightful data, gain visibility, and better manage all the moving parts in the shipping process. your logistics?

Optimization Software 100

Optimization Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 100

FreightWaves SONAR

MARCH 22, 2021

Big data and predictive freight rates in the digital supply chain are nothing new. Nearly all shippers, brokers and carriers collect and use data to derive insights, including predictive rates. Unfortunately, the most robust applications of that data will quickly diminish in value as data ages.

Data 98

Data Negotiating Skills Freight Resource Reduction 98

CLX Logistics

APRIL 26, 2019

Better ways to manage transport operations emerge, from how we plan and strategize, to how we ultimately execute and drive continuous improvement. For companies willing to embrace opportunities for improvement across the entire supply chain, here’s a look at the top transportation procurement and benchmarking trends.

Optimal Sourcing 45

Optimal Sourcing Negotiating Skills Procurement Cost Reduction 45

Logistics Viewpoints

AUGUST 22, 2023

Nine years ago, my company FourKites pioneered the market for real-time transportation visibility. 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. Lesson learned.

Supply Chain Planning Software 111

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

GlobalTranz

NOVEMBER 16, 2016

The amount of information and improvement possible through big data can be overwhelming. Yet the majority of companies have not defined a big data strategy, and others are barely starting to notice. . �. How to Get Started with Your Big Data Strategy. . This is where the explanation of big data begins. .

Resource Reduction 91

Resource Reduction Cost Reduction Supply Chain Planning Software Supply Chain Software 91

GlobalTranz

SEPTEMBER 12, 2016

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. For example, transportation management often focuses on the journey of products after manufacturing. The Definition of Procurement Logistics.

Manufacturing Procurement 101

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 101

Logistics Business Magazine

APRIL 21, 2022

New research shows that business is feeling the effects of inflation, geopolitical tension, port congestion and transportation costs in dramatically different and regionally specific ways, with those in South America and Africa facing a more negative business outlook. For example, 42.5% This compared to 19.9% for those in China, 27.5%

Cost Reduction 51

Cost Reduction Transportation Manufacturing Procurement Optimal Sourcing 51

CLX Logistics

NOVEMBER 17, 2022

While no one solution can account for or prevent these disruptions, ensuring that you have complete, real-time transportation visibility for your shipments can vastly improve your shipping stability, speeds, procurement, and brokerage abilities. What is Transportation Visibility?

Optimal Sourcing 52

Optimal Sourcing Supply Chain Software Optimization Software Supply Chains 52

Logistics Business Magazine

AUGUST 31, 2023

Freight procurement processes have always been noted for their high levels of complexity which increases exponentially during peak shipping season. These busy months demand operational efficiency, agile collaboration, proactive rate management, and a sharp focus on sustainability throughout the transportation management process.

Optimal Sourcing 55

Optimal Sourcing Negotiating Skills Sourcing Strategies How To 55

Logistics Viewpoints

OCTOBER 10, 2022

in turn, is a boutique procurement consultancy. Professionals from procurement, compliance, logistics, sustainability, information-security and several other internal stakeholder all use the solution for different reasons. Implementing the solution involved cleaning up master data and mapping their complete global supply chain.

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 134

Logistics Bureau

NOVEMBER 23, 2020

Transportation Management Solutions (TMS). By integrating AI technology, new platforms are enabling companies to streamline their transportation systems and cut the costs of freight. By analysing data to determine areas affected by late deliveries. Procurement Communications. By identifying potential multi-stop routes.

Supply Chain Planning Software 107

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 107

FreightWaves SONAR

JULY 24, 2023

Freight costs and budget adherence are among the most important and often overlooked aspects of transportation management. For example, according to Global Trade Magazine , “One critical factor that executives should monitor closely is logistics management. Transportation management depends on historical and real-time data.

Cost Reduction 105

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 105

Logistics Viewpoints

OCTOBER 2, 2023

FourKites CEO, Matt Elenjickal One of the two leaders in the real-time transportation visibility market is FourKites. FourKites believes they have the largest repository of supply chain data in the world. To get visibility to whether a load will be on time and in full, a lot more data is required. That is fast growth.

Supply Chains 131

Supply Chains Inventory Reduction Cost Reduction Procurement Solutions 131

ShipLilly

OCTOBER 26, 2021

It then becomes a sellers’ market where transport costs continue to rise as ship operators leverage their superior position. Reality of escalating transportation costs. For example, we know that Walmart and Home Depot have resorted to chartered vessels to ensure that their supply chain is not disrupted.

Cost Reduction 98

Cost Reduction Purchasing Skills Inventory Reduction Transportation 98

Logistics Business Magazine

NOVEMBER 30, 2023

Efficio, a global procurement and supply chain consultancy, is working with business leaders to do just that – turning attention to the supply chain to make the biggest impact on ESG. Data needed to quantify carbon emissions within the supply chain can span multiple systems and suppliers.

Supply Chain Software 51

Supply Chain Software Supply Chains Sourcing Strategies Procurement 51

GlobalTranz

DECEMBER 11, 2014

Today begins our series about electronic data interchange or EDI in transportation. In this series, we will first talk about how EDI in transportation works and what it is, covering the history of EDI in transportation, the definition, how it works technically, and then some common EDI codes used within the transportation industry.

Data 105

Data Transportation Document Inventory Reduction 105

GlobalTranz

OCTOBER 19, 2016

Editor's Note: This is a blog from our friend Augie Grasis who shows us how big data can work to our advantage with dynamic freight pricing. One of the big buzzwords in many industries is “Big Data.” One example of the utilization of Big Data is dynamic pricing of LTL freight. Understanding this (and acting on it!)

Price Reduction 96

Price Reduction Data Freight 3PL 96

Logistics Viewpoints

AUGUST 16, 2021

ARC’s definition is that a supply chain collaboration network is a “collaborative solution for supply chain processes built on a public cloud – many-to-many architecture – which supports a community of trading partners and third-party data feeds. Industry and government data can be used to increase forecast accuracy.

Supply Chain Planning Software 152

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 152

GlobalTranz

NOVEMBER 29, 2016

Editor's Note: Today's blog is the second part of Chuck Intrieri's series on how procurement and suppliers can avoid issues with their contracts. Procurement and suppliers often assume that small print is highly complicated legal jargon that is both boring and largely irrelevant.

Procurement Analytics 84

Procurement Analytics Manufacturing Procurement Procurement Document 84

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. The move to agile supply chain management inherently required more data sources than traditional supply chains, reports GT Nexus. The State of Supply Chain 2016 Trends.

Manufacturing Procurement 65

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65

Talking Logistics

APRIL 17, 2018

Again and again, digitization and data were at the heart of panel and networking conversations. Even headline speakers were professing “data got sexy” and data is now a core strategy for companies looking to succeed. Supply chain leaders are wanting their organizations to be data-driven.

Supply Chain Design Software 68

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Supply Chain Design 68

Logistics Viewpoints

OCTOBER 3, 2022

In warehouses, for example, one solution is labor management. For example, the auto industry embraced risk management after the nuclear disaster at Fukushima. For example, the auto industry, which lost billions because of the semiconductor chip shortage, had suppliers that could not get the chips they needed for their products.

Supply Chain Software 172

Supply Chain Software Supply Chains Sourcing Strategies Optimal Sourcing 172

GlobalTranz

FEBRUARY 19, 2016

As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. By the mid-1950s , procurement had become a commonplace aspect of minor business, and procurement was almost comparable to secretarial work. Why Is Technology Driving Procurement Trends and the Role of Procurement?

Manufacturing Procurement 56

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 56

Blue Grace Logistics

MARCH 17, 2022

High priced diesel fuel impacts the total cost of transportation through fuel surcharges. How to help manage overall transportation costs. How high diesel prices may change future freight procurement strategies. High Fuel Costs Drive Up Transportation Costs Disproportionately. Keep Your Transportation Budget Intact.

Cost Reduction 62

Cost Reduction Price Reduction Expense Reduction Waste Reduction 62

Logistics Viewpoints

DECEMBER 5, 2022

Those industries include data communications, medical, industrial, automotive and consumer electronics. This involves a lot of long-haul transportation.” The 2010 Eyjafjallajökull volcano eruptions in Iceland, for example, caused enormous disruption to air shipments across Western Europe. Keys to Success.

Supply Chain Planning Software 118

Supply Chain Planning Software Manufacturing Procurement Optimal Sourcing Inventory Reduction 118

FreightWaves SONAR

MARCH 2, 2021

As reported by Project 44 , “ Gartner projects that 50% of global companies will have implemented or invested in “real-time transportation visibility solutions.” Companies are rapidly adopting and using real-time data to clearly understand challenges to better mitigate unexpected problems when they arise. Download the White Paper.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Data 52

GlobalTranz

JULY 30, 2018

Blockchain is entering a phase of development that will affect every aspect of supply chain and logistics management, ranging from procurement to forward logistics and beyond. Blockchain allows for the continuous tracking of information and improvement through data analytics.

Supply Chain Software 50

Supply Chain Software Examples Logistics Network Optimization Software Supply Chains 50

CH Robinson Logistics

SEPTEMBER 28, 2021

Robinson’s own technology and data from the largest network in the freight industry, help our customers stay on top of the trends that influence their supply chains. How many more truck drivers are needed to balance demand for truck transportation with the supply of capacity? Analysis of employment data.

Trucking 116

Trucking Blog Supply Chain Planning Software Supply Chain Design Software 116

FreightWaves SONAR

APRIL 17, 2023

While increased capacity availability and reduced transportation costs are a welcome sight for companies across virtually all sectors, it can be difficult to strike a balance between scoring lower rates and maintaining important service standards across many carrier relationships. That is where FreightWaves SONAR comes into play.

Optimal Sourcing 52

Optimal Sourcing Price Reduction Logistics Network Optimization Software Optimization Software 52

CLX Logistics

JULY 26, 2021

Soon, it’ll almost be a guarantee that if you’re not leveraging modern data analytics properly, you’re losing money or leaving it on the table. So, what are your competitors getting from modern data and analytics solutions that you’re missing out on? Procurement Event Strategies. Data-Informed KPI Development.

Material Savings 40

Material Savings Sourcing Strategies Cost Reduction Inventory Reduction 40

Logistics Viewpoints

MAY 16, 2022

SCCN is a collaborative solution for supply chain processes built on a public cloud – many-to-many architecture – which supports a community of trading partners and third-party data feeds. It is these changing constraints, transportation capacity, and bottlenecks across an entire ecosystem that matters. But something called ERP 4.0

Supply Chain Planning Software 126

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Supply Chains 126

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. The cloud also allows access to Big Data, which greatly improves the platform’s ability to do machine learning.

Supply Chain Design Software 121

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 121

The Logistics of Logistics

JULY 7, 2019

I’m Tyler Hildebrand and I am an account executive at Reliable Transportation Solutions in Cincinnati, OH. As a freelance marketer, I often worked closely with clients in the transportation and logistics space, so I began to understand the business. Transitioned to transportation and logistics when a recommended me for an opportuniy.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 150