Turvo

DECEMBER 9, 2021

A freight broker TMS has many vital functions that greatly enhance the operations of logistics companies. Collaboration with these systems provides excellent advantages to freight brokers, partners, and all involved in the process. Complete Visibility Into Both Stored and In-Transit Inventory.

Supply Chain Planning Software 72

Supply Chain Planning Software Supply Chain Software Optimization Software Logistics Network Optimization Software 72

Dedola Global Logistics

MARCH 1, 2024

While many e-commerce businesses often default to courier services for smaller or express deliveries, there’s an added dimension to logistics through freight forwarding. It is useful for products that are not time-sensitive due to their longer transit times than air freight. This includes ocean containers and air cargo.

Freight forwarding 52

Freight forwarding Logistics Network Optimization Software Cost Reduction Supply Chain Planning Software 52

Blue Grace Logistics

NOVEMBER 10, 2023

Expedited Freight Questions Answered Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - November 10, 2023 Whether your organization uses expedited freight shipping every day or occasionally, it pays to understand how to use these services as effectively as possible.

Logistics Network Optimization Software 84

Logistics Network Optimization Software Freight Supply Chain Planning Software Inventory Reduction 84

Shipping and Freight Resource

FEBRUARY 4, 2020

Digitisation, Digitalisation, Digital Transformation are some buzz words that have recently taken the shipping and freight industry by storm. digitally transform the business and its strategy. Whether digital or manual, the business of shipping involves a lot of documentation.

Supply Chain Planning Software 98

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

Shipping and Freight Resource

FEBRUARY 3, 2021

2020 threw at us a potent concoction of virulent market conditions including a pandemic, skyrocketing freight rates, reduced availability of space and equipment on container ships, unprecedented demand and port congestions along with the usual documentation and visibility issues that we have been facing for years.

Supply Chain Software 87

Supply Chain Software Freight Inventory Reduction Resource Reduction 87

Logistics Viewpoints

JULY 17, 2023

Better systems at customs agencies can lead to increases in cycle times for companies that are not on top of the complex documentation requirements associated with trade. In short, customs compliance must become proactive and strategic rather than just focused on having the proper documentation and accurately paying duties.

Supply Chain Planning Software 112

Supply Chain Planning Software Compliance Supply Chain Software Optimization Software 112

ShipLilly

AUGUST 24, 2021

Back view of freelancer man sitting in front of wall with strategy and creating a plan. The complexity of shipping schedules means that there is an increasing number of businesses that are reliant on the freight forwarding sector. It is beneficial to use freight forwarders in certain circumstances.

Freight forwarding 98

Freight forwarding Freight Inventory Reduction Cargo 98

GoShip Blog

MARCH 21, 2023

Freight is one of the most critical parts of a product-based industry. Materials, machinery, and other physical goods are all delivered through freight services, whether it is in-house or through third-party logistics. This is why your inbound freight management must be smooth and foolproof. What is Inbound Freight?

Inbound 52

Inbound Optimization Software Material Savings Optimization 52

Turvo

MAY 11, 2020

Freight brokers face a perilous future of uncertain profitability. According to TruckingInfo , “gross margins and revenues were down for freight brokers in the third quarter of 2019, but cost reductions allowed brokers to stay profitable.” In response, more companies want a freight broker TMS. in the third quarter of 2019.

Cost Reduction 55

Cost Reduction Expense Reduction Inventory Reduction Resource Reduction 55

CLX Logistics

APRIL 22, 2024

Companies that have streamlined their supply chains experience a 15% reduction in supply chain costs, maintain inventory holdings below 50%, and achieve cash-to-cash cycles that are three times faster. [1] Inventory Management Balancing inventory levels is essential to avoid stockouts or excess stock.

Supply Chain Planning Software 82

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 82

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post is part of a , series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally. Key Features: Basic Auditing.

Supply Chain Software 148

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

Logistics Viewpoints

APRIL 21, 2021

The perfect delivery includes four elements: order completeness, timeliness, condition, and documentation. For B2B companies, their supply strategy is built on three pillars. Getting these strategies in place is incredibly difficult to achieve. Planning and execution is focused on freight moves involving a carrier.

Supply Chain Planning Software 141

Supply Chain Planning Software How To Supply Chain Design Software Sourcing Strategies 141

Logistics Viewpoints

AUGUST 14, 2023

Nevertheless, the argument that trade compliance is complementary to a company’s overall tax strategy certainly makes sense to many companies. First, even if fines are not applied, goods moving across borders with incorrect documentation can be held up at the border. In many companies, the legal department also rolls up to finance.

Compliance 106

Compliance Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies 106

ShipLilly

APRIL 7, 2021

Otherwise, they will have to deal with inventory gaps that are hard to bridge if their cargo is on board and in transit. Then there is the option of booking expensive air freight that can make up for the time that has been lost. The post Risky Strategies Increase the Rate of Container Losses Amid Transit appeared first on ShipLilly.

Cost Reduction 59

Cost Reduction Expense Reduction Inventory Reduction Resource Reduction 59

GlobalTranz

FEBRUARY 18, 2022

In this post, we’ll do a deep dive into less-than-truckload (LTL) industry trends to watch for 2022, and highlight actions that shippers should consider to guide their strategy throughout the year. Monitoring your invoiced accessorials and surcharges will help identify freight optimization opportunities to reduce shipping costs significantly.

Trends 91

Trends Cost Reduction Resource Reduction Inventory Reduction 91

GlobalTranz

DECEMBER 5, 2018

For freight, managing black swan events, like risk mitigation , means finding problems that are on the verge of causing disruption and taking advantage of resources to minimize their impact. For shippers, this means finding a way to handle changes in inventory and replenishment, as well as managing outbound freight and reverse logistics.

Price Reduction 67

Price Reduction Resource Reduction Cost Reduction Inventory Reduction 67

Logistics Viewpoints

MARCH 2, 2023

Freight rates have plummeted, brokerages are struggling, and the industry is still bloated with excess inventory. With the right data you can reduce your overall transportation costs, both accessorial costs and overall freight spend. Closer to home for supply chain professionals, driver shortages continue to plague the industry.

Waste Reduction 118

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

Forto

AUGUST 20, 2018

The need to decrease freight costs has never been higher. Small and midsized businesses (SMBs) may struggle with managing freight spend proactively, and some may lack the transport and freight forwarding resources available to big-box retailers and major companies. What is Freight Consolidation? It sounds confusing.

Inventory Reduction 40

Inventory Reduction Cost Reduction Freight Resource Reduction 40

Logistics Viewpoints

JANUARY 11, 2023

Inventory Management in a High Inflation Environment ; Clint Reiser. Instead, they are likely to carry higher levels of inventory as a lower cost alternative to minimizing disruptions. Beware the Swinging Pendulum on Supply Chain Inventory Practices ; Polly-Mitchell Guthrie ( Kinaxis ). Steve Banker and Chris Cunnane.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 130

Blue Grace Logistics

SEPTEMBER 21, 2021

This impacts your business with inconsistent rates, uncertainty of available equipment, fulfillment strategy, and more importantly the customer experience. The demand for certain goods such as perishables also means a demand of a specific type of freight equipment, like refrigerated trucks to maintain the cold chain. Inventory .

Material Savings 62

Material Savings Capacity Optimal Sourcing Inventory Reduction 62

CLX Logistics

MARCH 4, 2024

Companies that have streamlined their supply chains experience a 15% reduction in supply chain costs, maintain inventory holdings below 50%, and achieve cash-to-cash cycles that are three times faster. [1] Inventory Management Balancing inventory levels is essential to avoid stockouts or excess stock.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 52

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post is part of a , series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally. Key Features: Basic Auditing.

Supply Chain Software 78

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

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post is part of a , series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally. Key Features: Basic Auditing.

Supply Chain Software 78

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

CLX Logistics

SEPTEMBER 9, 2022

The elements of a comprehensive shipping management platform are varied, ranging from RFID inventory management tools to minimize errors in documentation to shipping status tools that provide delivery updates to scheduling and planning tools for streamlining operations and improving customer service. Demand Forecasting Tools.

Supply Chain Planning Software 52

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

GoShip Blog

JUNE 3, 2021

Third-party logistics (3PL) offer a variety of efficient and cost-friendly freight services and outsourced logistics that are necessary for remaining competitive in any business. It involves everything from inventory to fulfillment, packaging, and shipment of orders. Managed freight budget. What are logistics operations? .

Outsourcing 59

Outsourcing Cost Reduction Expense Reduction Logistics Network Optimization Software 59

FreightWaves SONAR

JANUARY 22, 2021

Knowing what is coming in and going out every day is critical to managing inventory, shipping lanes, employee scheduling, load-outs, and more. Plus, proactive scheduling via API and EDI will help to lower barriers to efficiency, avoiding empty dock slots, and moving more freight.

Supply Chain Software 59

Supply Chain Software Logistics Network Optimization Software Resource Reduction Sourcing Strategies 59

CH Robinson Logistics

JULY 16, 2021

When it comes to transportation, 3PLs can engage carriers, consolidate less than container load (LCL) or less than truckload (LTL) freight, track freight payment and insurance documents, and work with private fleets. Such issues include documentation, customs, duties, and differing shipping regulations. Transportation.

Supply Chain Design Software 63

Supply Chain Design Software 3PL Supply Chain Planning Software Supply Chain Software 63

MTS Logistics

JANUARY 29, 2020

A crucial factor in global business strategies around the world is incorporating more sustainable methods into the supply chain, which will prove to be incredibly important in 2020. For most companies, the key focus of their logistic strategies is to minimize the freight cost while providing a highly efficient, effective service.

Cost Reduction 68

Cost Reduction Inventory Reduction Trends Logistics Network Optimization Software 68

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

Logistics Viewpoints

MARCH 31, 2022

The industry’s well-documented labor shortages are not ending anytime soon. We wanted to see inventory positions around the world compared to our forecast, compared to our actual demand. Digital Freight Bidding. Our primary carriers are now at 90%, up from 75%, while our spot market use has gone from around 2.5%

Logistics Network Optimization Software 124

Logistics Network Optimization Software Supply Chain Planning Software Optimization Software Modeling Software 124

Ship Monk

JANUARY 11, 2023

If you’re an ecommerce business owner, particularly one at the onset of his or her entrepreneurial journey, it’s critical to know all the shipping, fulfillment, inventory terms and beyond to run your business at its best. Beginning Inventory. By inventory we mean finished goods that are on hand and ready to sell. Cycle Counting.

eCommerce 52

eCommerce Purchasing Skills Inventory Reduction Manufacturing Procurement 52

Automotive Logistics

NOVEMBER 20, 2018

Ask a range of logistics managers what their main pain points are, and you will soon hear a common theme – wasting time waiting for freight agents to get back to them. We] end up with one line of communication with one set of documents, which stays live until the shipment reaches the warehouse at the other end.

Freight 28

Freight Logistics Network Optimization Software Supply Chain Software Purchasing Skills 28

Ship Monk

OCTOBER 17, 2022

This includes: Matters of inventory management with advanced 3PL software Delivery speed with warehouse locations that bring products closer to customers Fulfillment: Order processing, picking, and packing Optimal shipping costs and options thanks to established relationships with major shipping carriers. Don’t worry; you can change later on.

eCommerce 78

eCommerce 3PL Logistics Network Optimization Software Supply Chain Design Software 78

Freightera

JULY 7, 2023

Massive changes over the last few years have forced logistics companies to reevaluate their business models and strategies. The present freight shipping industry demands technical support that can assist with every aspect of freight management. Why does the freight Industry need business intelligence?

Supply Chain Planning Software 35

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Cost Reduction 35

Blue Grace Logistics

DECEMBER 18, 2018

Apart from the road, rail, air, and sea transport and warehouse operators, the term connected logistics also includes customer service teams, manufacturing, production planners, inventory planners, and the sales team. Inventory management: Imagine a large warehouse with stacks of boxes of different SKUs.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimization Software 48

GlobalTranz

JUNE 1, 2015

Lean systems have provided a formidable operating strategy for leaders determined to achieve and maintain optimal operational systems and customer satisfaction levels. Inventory records, product specs, shipping documents contain errors. Inventory records, product specs, shipping documents contain errors.

Manufacturing Procurement 133

Manufacturing Procurement Inventory Reduction Waste Reduction Cost Reduction 133

GlobalTranz

DECEMBER 11, 2014

Then we will cover in subsequent posts what are the benefits of using EDI in transportation along with a transportation management system, we will debunk a few myths, and then we will end the series by highlighting how a shipper at Cerasis used EDI to reduce freight expenditures and resources. What is Electronic Data Interchange?

Data 105

Data Transportation Document Inventory Reduction 105