Zipline Logistics

JANUARY 17, 2023

It’s no secret that many consumers now consider the sustainability of a product before purchasing, much like they consider price or quality. Finding Freight Consolidation Opportunities . Freight consolidation offers a multitude of benefits to CPG brands. roads generate about 7% of U.S. million cars from U.S.

Resource Reduction 78

Resource Reduction Waste Reduction Vendor Strategies Optimal Sourcing 78

ToolsGroup

APRIL 1, 2022

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Material Handling & Logistics ). Chain Store Age ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Supply Chain Network

AUGUST 6, 2012

According to the latest American Shipper benchmark survey, transportation spending increased in 2012 – according to 75 percent of respondents – remaining unscathed by budget cuts. Shockingly, though, companies are failing to invest in the necessary procurement tools to manage spend and optimize their transportation networks.

Optimal Sourcing 92

Optimal Sourcing Procurement Solutions Supply Chain Planning Software Procurement Analytics 92

The Logistics & Supply Chain Management Society

JULY 16, 2023

You cannot rely solely on a general management risk reports but also need to develop a specific view of risks, such as halal risks. A halal risk report could provide essential halal risk and market intelligence for brand owners serving Muslim markets.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

CH Robinson Transportfolio

JUNE 9, 2022

In your personal life, you can use a variety of devices to make purchases—from your phone to your smart TV, it’s all possible within whatever device you’re using. In fact, today you can procure freight rates from your transportation providers right in your TMS. Cost savings in loose markets. Specialized project freight.

Supply Chain Planning Software 70

Supply Chain Planning Software Demand Planning Software Analytics Software Optimization Software 70

Supply Chain Shaman

SEPTEMBER 3, 2015

This morning, unexpectedly, I found myself in the middle of a debate between my two panelists on the Planning Benchmarking Panel for the Summit. Recently through my analysis of the planning benchmarking work, I have become fascinated on the role of inventory in the market-driven value network. This is a series of preparation calls.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

GlobalTranz

DECEMBER 30, 2014

Transportation Metrics That Matter Most to Track and Improve Performance : How do you measure logistics efficiency and transportation metrics performance indicators when you are already doing the best job possible? To add insult to injury, they also rarely have reporting mechanisms to properly monitor those expenses.

Expense Reduction 232

Expense Reduction Logistics Network Optimization Software Supply Chain Planning Software Modeling Software 232

GlobalTranz

OCTOBER 21, 2015

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. All KPIS have metrics to measure. 3PL/SLA Skills/Knowledge.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Supply Chain Game Changer

NOVEMBER 19, 2018

Financial losses or declining profitability certainly make cost cutting a priority. And competitive pressures and benchmarking results will also add to the need to reduce costs and/or be more productive. And the reality is that Supply Chain must be cost-effective. Cost and Profit Management.

Negotiating Skills 84

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 84

Freightos

FEBRUARY 4, 2020

The concept of an index, reporting the market price for a specific good, was developed precisely for this reason. As a result, nearly every industry has created on-demand metrics to gauge market performance, hedge risks, and to power intelligent decisions. But despite its size, containerized freight’s poor visibility persisted.

Optimal Sourcing 299

Optimal Sourcing Purchasing Skills Real-time Visibility Procurement Analytics 299

MIT Supply Chain

FEBRUARY 3, 2022

Next, a backlash is triggered that draws the term’s credibility into question, followed by a revival as professionals in organizations such as consultancies step in to benchmark the term and enshrine it in best practices. Eventually it is “widely used, overused, and possibly abused” and applied indiscriminately, he says.

Sustainability 52

Sustainability Supply Chain Software Supply Chain Purchasing Skills 52

Logility

SEPTEMBER 16, 2022

Why do we build logistics models? But I ask it because modeling often takes a detour into the land of debilitating detail. And by debilitating, I mean an enormous analytical time sink — think months. I am often asking clients whether they wish to: A) Model the precise general ledger costs for logistics?

Modeling Software 130

Modeling Software Modeling Optimization Modeling Logistics Network Optimization Software 130

GlobalTranz

MARCH 24, 2015

Given that our proprietary TMS, the Cerasis Rater , provides multiple reports, giving our shippers’ many insights, this post is quite appropriate, just like getting the data that is meaningful , in order to make the best decisions for your business possible. . Payments on leased/purchased trucks and trailers represent 11% of costs.

Benchmarking 120

Benchmarking Purchasing Skills Analysis Cost Reduction Strategies 120

Supply Chain Opz

JULY 31, 2012

Cost reduction has always been the number one priority for a company. While a big chunk of cost lies within procurement, manufacturing and distribution activities, cost reduction from procurement function seems to deliver substantial savings quicker. Introductory Guide to Spend Analysis. Discussion. A Case Study.

Price Reduction 100

Price Reduction Cost Reduction Strategies Expense Reduction Analysis 100

Talking Logistics

JUNE 2, 2016

This assessment identifies the most important capabilities for which the newly divested company needs to account, which may include functions such as Procurement, Purchasing, Accounting and Supply Chain Operations itself. Step 2: Leverage a Transitional Service Agreement Wisely.

3PL 100

3PL Optimal Sourcing Modeling Procurement Analytics 100

Unleashed

JULY 25, 2023

It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. Inventory turnover period The inventory turnover period is the time taken from when you purchase inventory until the time those goods are sold.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

Enterra Insights

DECEMBER 17, 2018

For over 150 years consumers have been able to purchase goods through catalogs and have them delivered to their homes. ” Because logistics can be a significant differentiator, Mary De Asis reports some retailers are establishing their own logistics fleets.[3] For most of those years, their delivery expectations were modest (i.e.,

Innovation 100

Innovation Logistics Network Optimization Software Logistics Analytics Software 100

Talking Logistics

JUNE 27, 2014

April 2014 North American Freight Numbers. Several reports have been published in recent years underscoring the growing importance of supply chain risk management. billion a day, disrupt 169,000 jobs, and cost the average household $170 in purchasing power. Dutch plan for self-driving trucks within five years ( Reuters ).

Logistics Network Optimization Software 142

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Negotiating Skills 142

Logistics Bureau

JUNE 14, 2021

Here at Benchmarking Success, we exist to help our customers improve supply chain performance. Historically, many of those customers concentrated keenly on measuring performance aspects such as cost to serve, perfect order, productivity, and cycle and lead times. Indeed, in many cases, sales and orders increased.

Optimal Sourcing 57

Optimal Sourcing Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Strategy 57

Shipchain

OCTOBER 25, 2019

We’ve been busy fine-tuning our platform, nailing our pitch, bringing on new customers, demoing for clients, and speaking at and attending different freight and logistics conferences. After successful alpha and beta tests, the Gamma network has been deployed, marking the third iteration of our test network for us to begin running benchmarks.

Las Vegas 48

Las Vegas Logistics Network Optimization Software Procurement Analytics Supply Chain Planning Software 48

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 97

OptiProERP

JUNE 17, 2019

From procurement to shipment, every process of supply chain planning becomes streamlined by improving inventory visibility. . Enterprise Resource Planning software makes Purchase, Sales, Accounting, Production, Supply Chain Planning, Inventory and all other business operations easy and hassle-free. Provide actionable insight.

Real-time Visibility 66

Real-time Visibility Inventory Reduction Optimal Sourcing Supply Chain Planning Software 66

Freightos

JULY 23, 2015

And it’s about to get hit by a freight train of innovation. How much do we love freight innovation? Enough to go through every single article published in the top tech blogs – Techcrunch, Verge, Mashable and Recode – since 2007 to count how often articles about logistics startups, freight or cargo were published.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Supply Chain Design Software San Francisco Predictive Analytics Software 120

Zipline Logistics

JUNE 30, 2020

Accessibility — The ability of a carrier to provide service for a freight order. Accessorial Charges — Fees added to a freight bill for additional services that the carrier might provide. Air Freight — Transportation of products via air transportation methods. It may be the dimensional weight of the shipment.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Strategy 52

Zipline Logistics

JANUARY 24, 2020

Delivering on-time and in-full is essential to success and a metric used by retailers when evaluating partnerships with vendors of all sizes. Despite its importance, many brands, irrespective of sophistication, have encountered issues with consistently meeting these benchmarks. OTIF metrics are not universal.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Inventory Reduction How To 52

Supply Chain Game Changer

NOVEMBER 21, 2018

Amazon has set the benchmark for Last Mile Delivery. The Amazon Last Mile Delivery Benchmark. eMarketer reports that 61% of internet users in the U.S. would pay to receive their purchases on the day of order. Yet we also know that Amazon’s shipping costs are 18.5% Subscribe Here! Email Address. Conclusion.

Inventory Reduction 66

Inventory Reduction Cost Reduction Strategies Supply Chain Strategy Price Mitigation Strategies 66

The Logistics of Logistics

JANUARY 26, 2016

They allow you to set benchmarks and improve your business practices. Your capacity to meet customer demands hinges on your ability to accurately report inventory. Calculate this by looking at hard costs for labor, freight, storage and insurance. A good benchmark is to reduce turnover, thus lowering training costs.

Warehousing 100

Warehousing KPI Inventory Reduction Cost Reduction Strategies 100

Supply Chain Game Changer

NOVEMBER 25, 2018

suggests that it is more likely that the business model is driving the high ROA, not Supply Chain per se. Now ROA and Inventory benchmarks certainly vary from Industry to Industry but on an individual basis do all of the ROAs and Inventory turns for each of these companies represent the benchmark for their respective industries?

Gartner 60

Gartner Supply Chain Design Software Supply Chain Software Supply Chain Design 60

GlobalTranz

AUGUST 4, 2015

Editor's Note: As a third party logistics company with a focus on better Less-Than-Truckload (LTL) freight management, we have several shippers who are in the manufacturing industry. In today's post, we share 5 Golden Manufacturing Metrics that all manufacturing companies should understand to improve plant operations quality.

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 120

GlobalTranz

MAY 21, 2018

Shippers large and small need to look more closely at parcel transportation costs as a step in preserving margins. Increasingly, they are turning to enterprise parcel shipping software with parcel shipping analytics. 5 Parcel Shipping Trends to Optimize Shipping & Reduce Costs. Register For The Webinar.

Analytics Software 122

Analytics Software Cost Reduction Strategies Negotiating Skills Logistics Network Optimization Software 122

Logistics Viewpoints

JANUARY 3, 2022

When it comes to the movement of freight, one megatrend driving the need for better technology is the driver shortage. The ATA has a National Private Truck Council that allows for benchmarking on driver turnover. In the last benchmark, truckload carriers with more than $30 million in annual revenue averaged 90% driver turnover.

Predictive Analytics Software 285

Predictive Analytics Software Supply Chain Network Software Logistics Network Optimization Software Analytics Software 285

DAT Solutions

OCTOBER 18, 2018

Freight broker gross margins recovered to 14.6% Truckload rates slipped lower that month, which made it easier for brokers to manage their biggest cost. Good cost controls helped the brokers to keep 4.5% of their total revenue as net operating profit, after paying for purchased transportation, labor, overhead and taxes.

Freight 70

Freight Procurement Analytics Purchasing Skills Benchmarking 70

DAT Solutions

JANUARY 29, 2019

often suffer from all kinds of severe weather during the first quarter, impacting freight movements. The National Weather Service advises people to stay indoors, but if you must go out, " avoid taking deep breaths and minimize talking," according to a report in USA Today. CNN reports that " 75% of the U.S.

Minneapolis 79

Minneapolis Nashville Chicago Charlotte 79

Unleashed

FEBRUARY 28, 2023

Here, we’ll talk about what receiving efficiency is, how to measure it using warehousing metrics, and cover a few different ways to optimise your inward goods process. Receiving efficiency is a useful warehousing metric that helps business owners determine whether their receiving process needs improvement. What is receiving efficiency?

Inventory Management Software 52

Inventory Management Software How To Inventory Reduction Warehousing 52

DAT Solutions

MARCH 5, 2018

Freight brokers achieved record load volume and revenue in January, resulting in a slim, but positive net operating profit that is unusual for the season. Costs rose faster than revenues, however, adding 70% to labor expense and 24% to non-labor expense, as freight brokers invested in personnel and technology to prepare for business growth.

Freight 70

Freight Benchmarking Procurement Analytics Purchasing Skills 70

GlobalTranz

MAY 23, 2016

So, your organization has decided to explore the benefits and perks of less than truckload freight shipping. However, the set-up costs and initial implementation of LTL relationships can seem daunting. Let’s take a look at how the TMS impacts the costs of shipping over the long term in four critical areas. Customer Satisfaction.

Freight 136

Freight Shipping Cost Reduction Strategies Inventory Reduction 136

Supply Chain Game Changer

JULY 3, 2019

Responsible Sourcing isn’t just about sourcing and procuring goods and services in a more sustainable manner, but also about ensuring external suppliers are aligned and committed to the same principles and values. Benchmark the market and take into account the ability for different solutions to fit into your existing sourcing processes.

Sourcing Strategies 58

Sourcing Strategies Purchasing Skills Sourcing Sustainability 58