Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. The answer is to benchmark your freight, of course. What is Freight Benchmarking?

Benchmarking 96

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 96

Freightos

FEBRUARY 28, 2022

Conversely in 2021 when rates were sky high, suddenly companies that had negotiated fixed rates couldn’t get their cargo on the ship without paying an extra premium surcharge. We refined our data, limiting it to actual pricing used by logistics service providers to ship containers, to ensure validity. But seriously, what does it mean?

Negotiating Skills 177

Negotiating Skills Shipping Price Reduction Freight 177

Supply Chain Shaman

NOVEMBER 10, 2013

This week I interviewed Robert Byrne, Founder of Terra Technology , on the results of their fourth benchmarking study on forecasting excellence. The work done by Terra Technology, in my opinion, is one of two accurate sources of benchmark data on forecasting in the industry. The other is Chainalytics demand benchmarking.

Supply and Demand 234

Supply and Demand Forecasting Forecasting Software Modeling Software 234

The Logistics of Logistics

AUGUST 28, 2023

She brings almost 20 years of supply chain and benchmarking experience to DAT, where she is focused on providing actionable insights to shippers through DAT’s Benchmark Analytics and Rateview benchmarking tools. Tusk save Shippers 40% or more on small parcel shipping.

Logistics Network Optimization Software 264

Logistics Network Optimization Software Analytics Software Supply Chain Planning Software Supply Chain Network Software 264

Freightos

APRIL 15, 2024

Two other quick things: If you are a BCO and interested in learning more about our beta contract benchmarking solutions, you can request beta access here If you’re a forwarder, please take a moment to complete our tech survey regarding how different tech solutions drive value…or don’t.

Freight 332

Freight Logistics Network Optimization Software Global Supply Chain Network Software 332

E2open

JANUARY 19, 2023

(NYSE: ETWO), the connected supply chain SaaS platform with the largest multi-enterprise network, today released the Q4 2022 edition of its Ocean Shipping Index, a quarterly report that offers data-driven insights to better manage the movement of goods around the globe and on key lanes between Asia, North America, and Europe.

Logistics Network Optimization Software 148

Logistics Network Optimization Software Supply Chain Network Software Predictive Analytics Software Demand Planning Software 148

Logistics Viewpoints

OCTOBER 2, 2023

This allows the company to do some interesting benchmarking. While it is difficult to attribute increased sales to having a higher percentage of on-time shipments, not shipping everything a customer ordered clearly impacts top line revenue. What accounts for FourKites Growth? The network has grown in size.

Real-time Visibility 315

Real-time Visibility Supply Chain Visibility Inventory Reduction Agile and Lean Supply Chain 315

Logistics Viewpoints

NOVEMBER 18, 2021

The priority of each pick based on shipping deadlines can compete with travel minimization and also evolves in its level of importance throughout the day. For example, in the morning, we may want to maximize picking density to improve the efficiency of our pickers without much concern about shipping deadlines. Dynamic Slotting.

DC 335

DC Optimization Software Demand Planning Software Supply Chain Planning Software 335

Freightos

DECEMBER 19, 2023

Suez Canal News Update The Suez Canal is a crucial lane for global shipping, with 50-60 vessels of all types transiting each day for about 19,000 per year, including about 30% of global container traffic and more than a million barrels of crude oil per day. What to expect from shipping in the Suez Canal & Red Sea?

Freight 327

Freight Israel Negotiating Skills Yemen 327

GlobalTranz

JULY 20, 2018

One such area that offers the greatest opportunity is shipping network optimization. The question is, how can a company optimize its shipping network? Optimal shipping networks are not “one size fits all.” Optimizing your shipping network doesn’t only include adding new warehouses, but removing some as well.

Cost Reduction Strategies 120

Cost Reduction Strategies Price Reduction Inventory Reduction Network Optimization 120

Logistics Viewpoints

JUNE 14, 2023

For the last two years, Descartes has been doing a benchmark study around consumer sentiment, where the company is trying to gage interest in sustainability and home delivery. Traditionally, items are shipped immediately after purchase; but companies are now combining orders from the week into a single delivery day.

Sustainability 288

Sustainability Logistics Network Optimization Software Study Supply Chain Network Software 288

Logistics Viewpoints

JUNE 30, 2021

APQC has conducted benchmarking and best practices research on supplier risk management. APQC is a nonprofit organization focused on benchmarking, best practices, performance improvement, and knowledge management. Because of the pandemic, risk management surrounding sourcing has become top of mind in supply chain organizations.

Risk Management 299

Risk Management Scenario Planning Supply Chain Planning Software Supply Chain Disruption 299

Logistics Viewpoints

MARCH 27, 2023

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. It is important to benchmark forecast accuracy and similar supply chain metrics against your peers.

Forecasting 276

Forecasting Forecasting Software Modeling Optimal Sourcing 276

The Logistics of Logistics

AUGUST 22, 2022

In his role Peter leads The Journal of Commerce, the historic New York City maritime newspaper founded in 1827, today a team of specialized business journalists focused on the end-to-end international shipping supply chain including shipping, ports, airfreight, trucking, rail and home delivery, addressed to the needs of shippers.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 246

The Logistics of Logistics

MARCH 31, 2023

In his role Peter leads The Journal of Commerce, the historic New York City maritime newspaper founded in 1827, today a team of specialized business journalists focused on the end-to-end international shipping supply chain including shipping, ports, airfreight, trucking, rail and home delivery, addressed to the needs of shippers.

Logistics Network Optimization Software 246

Logistics Network Optimization Software Supply Chain Planning Software Negotiating Skills Analytics Software 246

Multichannel Merchant

APRIL 7, 2022

The call for sustainable shipping is getting real. Pressure is coming from all sides for companies to adopt more sustainable shipping practices. For shippers worried about the pressure to green up their shipping operations, and the associated costs and resources required, there’s good news. Maximize Local Fulfillment.

Sustainability 111

Sustainability Shipping Waste Reduction Modeling 111

GlobalTranz

AUGUST 18, 2021

That includes analysis of current operations, costs by mode, performance and benchmarking of existing partnerships. By combining that with the ability of a 3PL to assist with warehouse functions, including packing and shipping, it is easier to derive more value. . Always Turn to the Data to See Expectations for ROI and Value.

Logistics Network Optimization Software 309

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Optimization Software 309

Logistics Viewpoints

APRIL 21, 2023

Although CMA CGM is best known for being a large container shipping company, it is also the parent of CEVA Logistics. The Wall Street Journal (WSJ) published an article on the increasing use of machinery to create made-to-fit boxes for more efficient fulfillment shipping. The machines then label and seal the packages.

Logistics Network Optimization Software 289

Logistics Network Optimization Software Logistics Kenya Supply Chain Planning Software 289

GlobalTranz

JULY 26, 2017

What happens when shippers simply forgo implementing shipping technology, and how can shape their future demise? Shippers Must Weigh In-House Versus Off-the-Shelf Shipping Technology Solutions. The first struggle with implementing shipping technology in an enterprise goes back to considering in-house versus outsourced tech solutions.

Analytics Software 122

Analytics Software Supply Chain Design Software Demand Planning Software Logistics Network Optimization Software 122

GlobalTranz

SEPTEMBER 24, 2018

According to Michael Khalil of Inbound Logistics, primary transportation management challenges in e-commerce include: Increased complexity of shipping strategy. Increased complexity may be the result of additional shipping volume and the use of the freight consolidation and the consolidation program. Faster shipping.

Transportation Management 210

Transportation Management 3PL Logistics Network Optimization Software Supply Chain Network Software 210

The Logistics of Logistics

DECEMBER 5, 2022

Most shippers recognize that FreightTech is one of the best ways to streamline their shipping function and potentially save money – however, the dilemma arises because FreightTech has traditionally come with some challenges. Emerge launches Benchmarking. Awarded Podcast. Awarded Podcast on Apple. Awarded Podcast on Spotify.

Supply Chain Network Software 246

Supply Chain Network Software Logistics Network Optimization Software Modeling Software Sourcing Strategies 246

Logistics Viewpoints

APRIL 25, 2024

Some have automated, gateless check-in; some direct the drivers to check in with the shipping office. Not only will this help optimize operations, but it will allow for performance to be benchmarked across sites, helping drive continuous improvement and the sharing of best practices. Problem number one: they are all unique.

Expense Reduction 316

Expense Reduction Cost Reduction Strategies Supply Chain Design Software Inventory Reduction 316

Logistics Viewpoints

JANUARY 23, 2024

The company can connect all aspects of the execution process, including labor cost and capacity, warehouse capacity, and shipping, and then integrating all of this data into their data cloud platform for a holistic view of OMS, TMS, and WMS. The ongoing issues in the Red Sea are wreaking havoc on ocean shipping.

Supply Chain Planning Software 304

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 304

The Logistics of Logistics

MAY 4, 2021

To win accounts with ecommerce companies that require one or two day shipping to the entire country, 3rd party fulfillment companies may partner with fulfillment companies in other regions. Third-Party Logistics Warehouse Benchmark Report. Lean More About The Future of 3rd Party Fulfillment. Andy Lloyd. 3PL Central.

Logistics Network Optimization Software 246

Logistics Network Optimization Software Supply Chain Network Software Supply Chain Software Third Party Logistics 246

The Logistics & Supply Chain Management Society

OCTOBER 15, 2021

IQAX is an independent entity with a deep understanding of ocean shipping and a strong heritage in global trade digitalisation and logistics visibility. Logistics & Supply Chain Management Society (LSCMS), Supply and Distribution Group Launches Global Logistics Service Provider Benchmarking Index. People and Halal Supply Chains.

Logistics Network Optimization Software 244

Logistics Network Optimization Software Supply Chain Design Software Analytics Software Predictive Analytics Software 244

Logistics Viewpoints

AUGUST 25, 2021

And finally, have strong consultative capabilities in terms of network design, strategic procurement, and transportation rate benchmarking. One example of this is moving planners from account to another account to accommodate seasonal surges or shipping slowdowns. Second is to hire, train, and retain the best available talent.

Price Reduction 312

Price Reduction Cost Reduction Strategies Expense Reduction Price Mitigation Strategies 312

Logistics Viewpoints

NOVEMBER 23, 2020

Our inventories were in line with benchmarks, but we knew that intensifying the pace of launches could become challenging in the long run.”. Though service levels were already very good versus external benchmarks, the number of stockouts dropped a further 75% from 2016 levels. The results?

Customer Service 246

Customer Service Supply and Demand Logistics Network Optimization Software Supply Chain Planning Software 246

Logistics Viewpoints

AUGUST 9, 2022

Just last year many were chartering their own cargo ships to get all these goods to their destinations.) More supply chain companies sharing more real-time data creates richer opportunities for benchmarking, analysis, insights and collaboration to drive business benefits for all parties.

Inventory Management Software 264

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 264

The Logistics & Supply Chain Management Society

NOVEMBER 10, 2024

Xeneta’s powerful reporting and analytics platform provides liner-shipping stakeholders the data they need to understand current and historical market behaviour—reporting live on market average and low/high movements for both short and long-term contracts.

Freight 130

Freight Norway New Jersey Trends 130

RFgen

DECEMBER 5, 2024

Barcode and RFID scanning drastically reduce errors and accelerate processes like receiving, picking, and shipping. Instant Updates: Know immediately when items are received, shipped, or moved within the warehouse, with ERP data ensuring synchronization and accuracy. These benchmarks provide a clear picture of your ROI.

Inventory Management Software 97

Inventory Management Software Supply Chain Design Software Optimization Software Supply Chain Planning Software 97

Logility

JANUARY 12, 2021

There are many ways to view data, but those that are particularly useful in supply chain analytics are reporting, score carding, dashboarding and benchmarking. Benchmarking. An analytics platform for the supply chain also allows for benchmarking. Reporting and Score carding. Dashboarding. Take freight rates, for example.

Prescriptive Analytics Software 130

Prescriptive Analytics Software Supply Chain Planning Software Analytics Software Predictive Analytics Software 130

GlobalTranz

DECEMBER 1, 2014

However, the diversity of the supply chain, and the importance of timely shipping and customer service, presents a unique challenge at best through several festive celebrations all year long. Benchmark DC Systems to Handle the Volume. Be it Christmas, the New Year and New Orders, a new budget, Thanksgiving returns, etc.,

DC 244

DC Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Planning 244

CHAINalytics

MARCH 8, 2022

Over these three weeks, we’ve featured … The post Your US 2022 Parcel Outlook: Making Sense of This Year’s Parcel Shipping Dynamics appeared first on Chainalytics. This is the last post in a three-part series.

Supply and Demand 122

Supply and Demand Shipping Supply Chain Planning Analytics 122

The Logistics & Supply Chain Management Society

NOVEMBER 10, 2024

Xeneta’s powerful reporting and analytics platform provides liner-shipping stakeholders the data they need to understand current and historical market behaviour—reporting live on market average and low/high movements for both short and long-term contracts.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Freight Trends Norway 130

Logistics Viewpoints

SEPTEMBER 4, 2023

Simmons uses dedicated contract carriers, a private fleet, and brokers for their shipping. The moves span inbound, intracompany, and outbound shipping. The solution can be used to benchmark whether Simmons is paying below, above, or at market for their moves on a particular lane.

Procurement Solutions 289

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 289

Logistics Viewpoints

MAY 3, 2022

In response to these rising complexities, late last year, Körber commissioned its first ever Supply Chain Benchmarking report. E-commerce companies may look for ways to pack multiple goods into one package before shipping, increasing efficiency while also reducing waste. Rethink Partnerships.

Waste Reduction 277

Waste Reduction Sustainability Vendor Strategies Supply Chain Design Software 277

Freightos

APRIL 16, 2017

The pressure on companies’ logistics networks to drive out cost and time from the shipping process is greater than ever before. For example, the expectation of fast delivery aside, online shoppers expect unreasonably cheap or free shipping. Even Amazon lost a reported $7B on shipping in 2016. A Revolution In The Warehouse.

Logistics Network Optimization Software 200

Logistics Network Optimization Software Trends Supply Chain Design Software Supply Chain Planning Software 200