Logistics Viewpoints

SEPTEMBER 16, 2021

Limited Granularity of Data Leads to a Lack of Actionability. When a shipper cannot understand the various factors playing into market volatility, this is known as limited granularity of data. Traditional Inventory Replenishment Strategies No Longer Work. Cybersecurity Concerns Remain.

Supply Chain Design Software 129

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 129

FreightWaves SONAR

MARCH 5, 2021

And Beth Carroll of 3PL Magazine further explained that sentiment, “How hard can it be to develop a commission plan? Should] you just figure out if it should be 5% or 6% [without data]?” Here are three examples for how to use this product in real-time. SONAR is near-real-time data. Use the destination market as leverage.

Negotiating Skills 98

Negotiating Skills Modeling Software Sourcing Strategies Logistics Network Optimization Software 98

Logistics Viewpoints

DECEMBER 7, 2021

E-commerce order volume keeps climbing, straining carrier capacity with shippers sending more parcels outbound and receiving more returns inbound. Carrier capacity management strategies ease the crunch. Proactive shippers have used multi-carrier parcel shipping technologies and strategies to navigate rising carrier costs for years.

Price Reduction 114

Price Reduction Cost Reduction Inventory Reduction Capacity 114

Logistics Bureau

JULY 18, 2022

As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy.

Inventory Reduction 106

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 106

247 Customs Broker

NOVEMBER 30, 2018

Warehouse Managers Avoiding Omnichannel Supply Chain Strategies Will Lose Competitive Ground. How to Prepare for Increasing Supply Chain Demands Throughout 2018. The easiest way to move toward an omnichannel strategy lies in following these tips: Re-evaluate inventory-optimization techniques and systems. About the Author.

Price Reduction 28

Price Reduction Cost Reduction Inventory Reduction Supply Chain Design Software 28

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

The adoption of digital strategies is a major feature of new strategies that manufacturers are planning. It may be difficult to decide how to spend a limited budget on new digital technology. For example, analyzing real-time production data to uncover hidden inefficiencies and implement changes faster.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software ERP Manufacturing Procurement 115

GlobalTranz

APRIL 5, 2017

Some cite a lack of visibility or lack of control for reasons to not manage inbound logistics, and while proponents of “increased visibility” argue more information begets more effective inbound logistics strategy, its meaning gets lost in the murky waters of the internet. Lack of Trading Partner Understanding.

Inbound 49

Inbound Vendor Strategies Cost Reduction Inventory Reduction 49

GlobalTranz

JUNE 21, 2018

Let’s take a closer look at the problem with trying to manage over the road (OTR) modes through traditional, manual data entry and freight scheduling versus using a TMS. Paired with value-added services, a quality TMS can transform outbound and inbound logistics into a turnkey operation.

How To 48

How To Modeling Software Logistics Network Optimization Software Purchasing Skills 48

CH Robinson Logistics

OCTOBER 20, 2017

As the market continues to tighten, what’s your transportation strategy for handling fluctuations? Rather than reacting to changes that happen to your supply chain, it’s always better to develop a carrier management strategy that allows you to be proactive—no matter what the market has in store. An unclear plan may let you down.

Price Reduction 58

Price Reduction Sourcing Strategies Transportation Scenario Planning 58

GlobalTranz

JANUARY 17, 2018

Manufacturers are looking for ways to explore new technologies, reinvent manufacturing strategy, enhance troubleshooting, bringing manufacturing closer to consumer and levy the power of intelligent tools to streamline operations and cut costs. Demand for Data Scientists Familiar with Manufacturing Will Increase.

Manufacturing Procurement 58

Manufacturing Procurement Cost Reduction Resource Reduction Trends 58

GlobalTranz

FEBRUARY 25, 2021

How to Optimize Your Return Logistics Through Integration. Like traditional outbound logistics, return logistics requires the careful planning of pick-ups and deliveries of products, however, the involvement of end-consumers in the process creates additional complexities. Managing return logistic can be challenging.

Reverse logistics 84

Reverse logistics Inventory Reduction Cost Reduction Material Savings 84

Ship Monk

AUGUST 22, 2022

Whether you do or you don’t, this blog can help finetune your understanding of what SKUs can be utilized for, how to use them to grow your business , and best practices for this crucial part of inventory management. SKUs provide sellers and the 3PL fulfillment centers that they work with invaluable data about sales and inventory management.

Inventory Reduction 52

Inventory Reduction eCommerce Inventory 3PL 52

Logistics Business Magazine

FEBRUARY 14, 2020

It’s updated every 2 weeks, developed in Microsoft Azure and the data are safely stored in the cloud. It has a Web and an App version for easy control over inbound, storage, outbound, returns, BDD, etc. The objective of the Port Centric strategy is to achieve a growth of 5 to 10% per year by widening the activities.

Warehousing 36

Warehousing Logistics Network Optimization Software Inventory Reduction Outbound 36

Log-hub

DECEMBER 8, 2023

As per the ATRI data, the overall marginal expenses for trucking marked a significant of 21% increase in the year 2023. To jump straight to the point, some basic strategies for handling rising transportation costs, which we’ll cover in this Playbook, are related to optimal network design and route optimization.

Cost Reduction 52

Cost Reduction Optimal Sourcing Handling Supply Chain Design Software 52

GlobalTranz

JULY 26, 2017

While its origin focused on improving outbound shipping practices, today’s systems can leverage both inbound and outbound operations to create a unique business strategy. You need better insight into what products will sell, and how to make the per-product overhead cost as close to zero as possible. Efficiency Gains.

Supply Chain Design Software 49

Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software Cost Reduction 49

GlobalTranz

JUNE 12, 2018

As explained by Dan Goodwill via Canadian Shipper, the problem goes much further than that, including lacking compliance management, subpar, if any, use of transportation management systems (TMS, and failure to utilize granular shipment activity data. Fortunately, this solution exists within a modern TMS, the Cerasis Rater.

Supply Chain Planning Software 60

Supply Chain Planning Software Freight Cost Reduction Price Reduction 60

Logistics Bureau

MARCH 3, 2019

Outbound Logistics: Keeping Customers Satisfied. For example, if speedy delivery is a part of your service strategy (which is often the case in today’s on-demand environment), you will either need to locate your warehouses close to customers, or close to the facilities of your preferred carriers. S is for Space.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Scenario Planning 98

Logistics Business Magazine

DECEMBER 16, 2021

According to data compiled by McKinsey and the CDP a few years ago, most greenhouse gas emissions come from consumer-driven companies and e-commerce shipping, which account for approximately 33Gt of CO2 annually. How do you reduce your Scope 3 emissions? Reliance on real-time data and analysis. The top causes of GHG emissions.

Waste Reduction 58

Waste Reduction Vendor Strategies Cost Reduction Resource Reduction 58

GlobalTranz

JANUARY 23, 2015

Fredrick Taylor, who wrote The Principles of Scientific Management in 1911 and is considered the father of industrial engineering, focused his early research on how to improve manual loading processes. In the 1940s and 1950s, the focus of logistics research was on how to use mechanization (e.g.,

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 134

Ship Monk

MAY 19, 2022

As in: Do you have data to support that customers will buy and not return backordered items? The most common reasons backorders occur include: Discrepancies in Data – Bad info leads to bad decisions. How to Handle Backorders Quickly? Are they able to make extra batches during seasonal shifts to account for spikes?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Logistics Network Optimization Software 52

GlobalTranz

DECEMBER 29, 2014

To that end, every warehouse manager’s role is to manage the physical environment, loadshifting equipment and people, to decrease the chances of collision and accidents, and often, to help the flow of freight via outbound and inbound freight management; an entire process known as warehouse traffic management. Read the full Post.

Blog 97

Blog Logistics Network Optimization Software Manufacturing Procurement Reverse logistics 97

247 Customs Broker

APRIL 27, 2018

Making these figures even more significant is that based on data from the U.S. That is exemplified in the report’s, data, too, with Armstrong pointing out that in 2017 e-commerce accounted for $12.8 That is really where you need a good strategy and develop a good e-commerce strategy as part of this.” . of total U.S.

Cost Reduction 28

Cost Reduction Purchasing Skills Material Savings Expense Reduction 28

GlobalTranz

MAY 1, 2018

Data-driven analytics enables you to make cost-effective transportation decisions. However for most shippers, parcel spend is poorly understood because shipping data is often locked up in point solution silos, such as carrier-provided systems and websites, in a variety of different formats. DOWNLOAD WHITEPAPER. NEW WHITEPAPER.

Procurement Analytics 61

Procurement Analytics Optimal Sourcing Data Sourcing Strategies 61

247 Customs Broker

MARCH 14, 2018

For us it’s been challenging but manageable,” reports Ramsey Mansour, vice president of corporate strategy and marketing at Purolator Courier. Our margins are dropping, but we look more at strategies, at things like drop-off locations,” says Imtiaz Kermali, vice president of corporate strategy and marketing at eShipper.

Vendor Strategies 28

Vendor Strategies Cost Reduction Inventory Reduction Modeling Software 28

GlobalTranz

NOVEMBER 25, 2015

They can also manage vendor compliance during inbound & outbound freight shipping , which is key during the holidays, when manufacturers are distributing product to thousands of retailers. Do you know what carriers you can choose and generally know how much they cost ? How are you celebrating your Thanksgiving this week?

Price Reduction 51

Price Reduction Resource Reduction Vendor Strategies Waste Reduction 51

Conger

DECEMBER 13, 2022

How warehouse management systems work. How they’re different from other software systems. How to choose a system that fits your operation. How Do Warehouse Management Systems Work? How to Choose a Warehouse Management System. How Do Warehouse Management Systems Work? And lots more…. Let’s dive in!

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Optimization Software Modeling Software 52

CH Robinson Logistics

FEBRUARY 18, 2021

Here are five such strategies that can help you evolve your retail supply chain for the changing market. While annual request for proposal (RFP) bids may still make sense for your most consistent freight volumes, a lot of freight can benefit from more agile RFP strategies throughout the year instead.

Supply Chain Planning Software 63

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Supply Chains 63

FreightWaves SONAR

APRIL 7, 2021

Chart of the Week : Van Contract Base Rate per Mile Initial, Van Outbound Tender Reject Index , Truckstop Average Van Spot Rate per Mile – USA SONAR: VCRPM1.USA, The traditional strategy of relying on leverage will probably not work as well this year. Price too low and risk paying spot market premiums of 30%-50%.

Negotiating Skills 98

Negotiating Skills Compliance Cost Reduction Trucking 98

Automotive Logistics

JULY 13, 2018

In June, the OEM outlined a new strategy that includes ambitious targets for electric cars and autonomous vehicles, as well as a rapid rise in the volumes delivered through subscription contracts rather than sales. Every carmaker will need to fathom the supply chain implications of its strategy. . scenarios. . Areas of improvement.

Supply Chain Planning Software 43

Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies Scenario Planning 43

FreightWaves SONAR

MARCH 24, 2021

One of the best strategies of risk management is diversification of assets or revenue drivers. Brokerage leaders are turning to this strategy for their freight business. You see examples of this strategy in large brokerages today. XPO Logistics strategy has attacked diversity harder in the last few years.

Freight 72

Freight Price Reduction Cost Reduction Inventory Reduction 72

GlobalTranz

DECEMBER 15, 2014

You can benefit from automated packing and shipping processes, such as the use of a transportation management system , for a more efficient outcome and flow around the warehouse on the outbound side of getting out product to your customer. The Importance of Real Time Data and Visibility in Technology Mirrors GEMBA and KANBAN Philosophies .

Supply Chain Software 100

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

GlobalTranz

APRIL 23, 2018

Let’s take a closer look at the problem, the solution, and how to pick the right freight management system for parcel shipping. WHITE PAPER] The Guide to Proactive Inbound, Outbound, and Reverse Enterprise Parcel Management. Look for an off-the-shelf solution that uses data analytics to drive value. Download white paper.

Modeling Software 54

Modeling Software Cost Reduction Price Reduction Resource Reduction 54

Logistics Bureau

NOVEMBER 14, 2018

Too much leads to resources being monopolised on gathering tons of data and a subsequent risk of “paralysis by analysis” Cost to Serve (CTS) is an approach that helps you avoid both extremes. Outbound transportation. Knowing your CTS per product and per customer also lets you better control different commercial strategies.

Purchasing Skills 88

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 88

CLX Logistics

JUNE 1, 2020

With every US state and many countries around the world implementing work and travel restrictions, it’s more vital than ever to minimize unknowns and gain complete control over your shipping process, essential data, and your decision points. A robust reporting system is essential, but too much raw data can be overwhelming.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Material Savings Cost Reduction 40

Ship Monk

JANUARY 20, 2023

Pricing Strategy Minimum order quantity (MOQ) can be confused with a pricing strategy at times. But there’s a difference between requiring a minimum order quantity and incentivizing customers to purchase in larger quantities i.e. applying a pricing strategy. overnight shipping , standard shipping, etc.)

eCommerce 52

eCommerce Inventory Reduction Material Savings Manufacturing Procurement 52

Automotive Logistics

OCTOBER 31, 2018

The urgent question is how to attract new people and retain them, and one of the main focuses for the ECG currently is on how to improve working conditions as a means to do so. “It Göbel said it was based on a process of “permanent feedback” and an alignment of data tha , in the long run, would make for more efficient use of capacity.

Negotiating Skills 31

Negotiating Skills Purchasing Skills Logistics Network Optimization Software Groups 31

GlobalTranz

JULY 14, 2021

Using a pooling strategy does not increase handling costs as it substitutes pool point costs for an LTL carrier’s terminal distribution costs. Shifting modes from LTL freight to truckload freight on the initial outbound leg of the shipment consolidates all of the orders into one master bill of lading, reducing costs. Total Cost .

Optimization Modeling 62

Optimization Modeling Optimization Software Optimization Material Savings 62