Logistics Viewpoints

MARCH 16, 2023

Körber acquired enVista’s Enspire Commerce platform and its Freight Audit and Payment (FAP) service in 2022. About a year ago, private equity firm KKR invested in Körber SCS, providing capital for the company’s strategy to build out an end-to-end platform of supply chain software.

Supply Chain Design Software 112

Supply Chain Design Software Modeling Software Logistics Network Optimization Software Supply Chain Software 112

GlobalTranz

JULY 20, 2018

In an environment of increasing freight costs, greater pressures on supply chains, and ever-expanding competition, shippers need to focus on where they can cut costs and increase operational efficiency. A shipping network strategy must consider shipping profiles for different times of the year. download ebook.

Cost Reduction 48

Cost Reduction Inventory Reduction Price Reduction Optimization Modeling 48

Logistics Viewpoints

SEPTEMBER 28, 2023

Thus, it has become critical that executives dig into the multifaceted domain of TSO, which encompass pivotal aspects such as the implementation of global freight audit and payment (FAP) solutions, smart delivery performance management practices and other factors that can yield a significant effect.

Supply Chain Software 139

Supply Chain Software Supply Chain Planning Software Cost Reduction Material Savings 139

GoShip Blog

FEBRUARY 14, 2023

Examples include missing freight, delivery delays, damaged products, hidden charges, ambiguous documentation, poor contract terms, and limited carrier networks. Understanding the causes behind these issues and having the ability to identify warning signs will help you implement strategies to keep their occurrence to the barest minimum.

Negotiating Skills 52

Negotiating Skills Material Savings Cost Reduction Price Reduction 52

FreightWaves SONAR

MARCH 23, 2021

What’s the ideal carrier market strategy for different regions? How the Intelligent Audit analytics platform works and brings value to retail shippers. How can retailers specifically leverage their network to help them deliver to their consumers more efficiently?

Optimal Sourcing 52

Optimal Sourcing Data Optimization Software Price Reduction 52

TransAudit

AUGUST 29, 2023

Aggressive Competition and Price Undercutting With rivals employing aggressive pricing strategies, YRC found it challenging to maintain its price points in a saturated market. This involves having a robust risk management strategy, maintaining a healthy balance sheet, and having contingency plans in place.

Negotiating Skills 88

Negotiating Skills Purchasing Skills Price Reduction Freight 88

GlobalTranz

FEBRUARY 5, 2015

Freight Audit Benefits. Based on the research of inboundlogistics.com, freight costs can make up 10% of an organization’s expenditure. Inbound logistics details the freight audit process as follows: “To begin the auditing process, a freight logistics company receives its clients’ freight bills directly from carriers.

Freight 92

Freight Cost Reduction Outsourcing After-sales 92

FreightWaves SONAR

FEBRUARY 4, 2021

Performing freight audits regularly will track accessorial costs such as these and show which types of extra activities may incur added charges. Choose the right carrier based on landed freight spend. In addition, it saves both time and money, reducing avoidable truckload freight spend. Download the White Paper.

Optimization Software 98

Optimization Software Negotiate Pricing Negotiating Skills Optimization Modeling 98

Logistics Business Magazine

DECEMBER 14, 2021

It takes control of governance tasks such as freight auditing for its customers and has been advising on all logistics issues for over 60 years. Städtler Logistik optimises complex and company-specific logistics and transport processes with software products such as TRAMPAS and LP/2.

Logistics Network Optimization Software 54

Logistics Network Optimization Software Groups Resource Reduction Material Savings 54

Logistics Viewpoints

JUNE 6, 2022

Derek Gittoes, a vice president of supply chain management product strategy at Oracle, said “this is very much an estimate. When the invoice from the carrier comes in, the TMS’s freight audit module can see whether the expected cost of the trip matches, or comes close to matching, what was expected.

Cost Reduction 134

Cost Reduction Price Reduction Supply Chain Planning Software Scenario Planning 134

GlobalTranz

APRIL 28, 2016

What’s the Difference Between Freight Payment Processing and Freight Auditing? Freight payment processing is basically how a shipper can pay respective carriers for their services. Meanwhile, freight auditing takes on the role of payment verification. Freight Audit. They should!

Cost Reduction 51

Cost Reduction Resource Reduction Price Reduction Expense Reduction 51

GlobalTranz

JUNE 21, 2018

The Freight & Transportation Management Trends to Know in 2018. That amounts to roughly 64 potential combinations for over the road transportation, and that excludes value-added services, such as ease in freight auditing or payment processing. Freight claims management services. Inbound freight management.

How To 48

How To Modeling Software Logistics Network Optimization Software Purchasing Skills 48

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

Shipchain

APRIL 25, 2019

Shippers have traditionally turned to third-party logistics providers (3PL) to augment their logistics strategies. Instead of merely providing logistics management and expansion of available capacity, today’s 3PL offers a whole host of additional services, including freight invoice auditing, claims management, warehousing and more.

Modeling Software 73

Modeling Software Optimization Software Logistics Network Optimization Software Supply Chain Software 73

GlobalTranz

JULY 10, 2017

Omnichannel sales strategies must think about having every product, every time and available across all channels. Complete logistics processes, like freight auditing, freight classification, carrier selection, billing and payment completion. Items may be reordered from suppliers, and shipments begin.

Supply Chain Design Software 0

Supply Chain Design Software Ordering Supply Chain Software Inventory Reduction 0

GlobalTranz

AUGUST 13, 2018

For instance, blockchain enhances freight auditing and invoice management, as well as cybersecurity. Align blockchain systems with business strategies. To access this value, supply chain executives need to understand what’s holding it back, how it depends on integrated systems, and a few best practices to maximize returns.

Supply Chain Planning Software 48

Supply Chain Planning Software Resource Reduction Logistics Network Optimization Software Cost Reduction 48

Blue Grace Logistics

JUNE 21, 2018

A well designed and effective TMS is of paramount importance in: Reducing freight costs. Freight audit. The transportation management workflow must always be evolving as trade is dynamic and there must be constant workflow audits along the various silos within the supply chain. Consolidation. Improving visibility.

Cost Reduction 50

Cost Reduction Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software 50

Blog on Log

JANUARY 19, 2006

2) Future TMS platforms must provide the China market with distinct features and functions (not clones of what is being used in Germany or the United States) to manage shipment related tasks like booking, asset management, track&trace, freight auditing, etc. Is your company willing to take the risk? Or, will it get stung by the ASP!

Vendor Strategies 40

Vendor Strategies Cost Reduction Supply Chain Planning Software Modeling Software 40

GlobalTranz

FEBRUARY 20, 2018

Creating in-house last-mile strategies increases risk, so more companies will begin outsourcing last-mile delivery service in favor of meeting consumer demands. Drivers credentials must be verified. They must undergo health and mental wellness exams. If a problem arises, the company must mitigate their losses.

Logistics Network Optimization Software 72

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

GlobalTranz

MAY 9, 2018

Implementing a freight auditing program for parcels is an excellent way to identify these added costs and issues, as well as notify carriers of their failure to live up to their end of the contract. Hold Carriers Accountable for Delivery Shippers must hold carriers accountable for meeting delivery.

Cost Reduction 49

Cost Reduction Purchasing Skills Logistics Network Optimization Software Price Reduction 49

Talking Logistics

APRIL 27, 2017

Fast forward to today, almost 20 years later, and we find ourselves again in a new and exciting chapter in the TMS market.

Supply Chain Planning Software 61

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Vendor Strategies 61

GlobalTranz

MARCH 16, 2017

Strategic transportation technology and services include value-added services, such as small packaging shipping, freight consolidation, and freight auditing. With dimensional pricing (DIM pricing) models replacing traditional freight classification, the importance of cost savings cannot be overstated.

Capacity 49

Capacity Freight Trucking Price Reduction 49

GlobalTranz

MARCH 17, 2015

Freight Class doesn’t mean just pick “Freight All Kind” or FAK. Knowing your freight class is vital to getting an accurate rate and avoiding a reclass or dealing with correcting an invoice when a freight audit is performed. Want to know exactly how to pick the right freight class?

Price Reduction 99

Price Reduction Vendor Strategies Blog White Paper 99

247 Customs Broker

JUNE 4, 2018

This presentation has been viewed by hundreds of executives over the past month and is proving to be effective at getting teams together to understand the marketplace and brainstorm strategies to help them get their freight costs under control. CEOs are asking questions. Now you can have answers. About the Author. Mike Regan.

Cost Reduction 28

Cost Reduction Resource Reduction Logistics Network Optimization Software Supply Chain Design Software 28

247 Customs Broker

MARCH 26, 2018

As the VP of Sales for a large national truckload carrier recently told me, “Today, our negotiation strategy is indifference. So if you have been a price-driven, transactional shipper who has eschewed building long term relationships with your carriers, get ready, because your freight budget is going to get walloped! March 26, 2018.

Optimal Sourcing 28

Optimal Sourcing Sourcing Strategies Negotiating Skills Negotiate Pricing 28

Automotive Logistics

JANUARY 29, 2018

Such software and planning systems are also highly relevant for a wide range of purposes in outbound automotive logistics systems, including for the execution of transport activities and the creation of transparency in relation to distribution flows, increasing transport load rates and auditing freight invoice and payments.

Outbound 28

Outbound Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 28