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The answer is to invest in sustainability benchmarking tools. Sustainability benchmarking is important for a number of reasons. Ultimately, sustainability benchmarking can help companies to understand whether their initiatives are effective and give guidance on how to make improvements.
Matt Harding and Joe Lynch discuss Greenscreens: benchmarking for shipper success. Summary: Greenscreens: Benchmarking for Shipper Success Discover how technology is revolutionizing the shipping industry in this insightful podcast. Experienced shipping managers’ faster reaction to benchmark data for carrier negotiations.
The vocabulary used in transportation can be confusing. Shippers” are companies that have goods that need to be transported. It has spot procurement functionality that you would see in a transportation management system (TMS), and the request for proposal (RFP) functionality you would see in contract planning or procurement solutions.
Alex is also the President of Reefer Van Network , a prominent player in the refrigerated transportation industry, specializing in the safe and efficient delivery of temperature-sensitive goods across North America. Reefer Van Network (RVN): A specialized division within Expedite All focused on refrigerated freight transportation.
Why are shippers interested in benchmarking and why are we hearing more about it lately? Benchmarking helps ensure they are getting the most out of their supply chain and also provides a platform for further optimization. What is Benchmarking? What is Benchmarking? Currently residing in Mesa, Arizona.
The three traditional methods are the use of a transportation management system (TMS), transportation execution system (TES), and managed transportation services (MTS). A TES is generally mode specific and lack optimization capabilities, but for shippers with simpler transportation requirements, that is often all they need.
Vetting 3PLs and transportation management services providers is a complex topic and shippers may not know where to begin. To find the right logistics transportation services partner for your unique business needs, shippers should consider these five crucial characteristics. . Focus on Carrier Procurement and Management.
In the age of e-commerce, maintaining the status quo will result in failure, disgruntled customers and added expenses, but shippers that leverage 3PL resources to apply transportation management best practices for e-commerce , as listed below, can navigate the issues that arise in e-commerce and achieve sustained profitability.
We have all our factories, both in-house and outsourced, all of our distribution centers, and our transportation network on the Blue Yonder foundational system. We can run a plan simulation to maximize revenue, maximize shipments, maximize the customer experience, or minimize transportation costs.
We trudge on with our top posts from our main blog categories by page view for all of 2014 from the Cerasis blog by featuring another area Cerasis is an expert in: Transportation. These tips include how you yourself can better manage your transportation department and maximize resources. Read the Full Blog Post.
One challenge to this approach, however, is that many shippers focus exclusively on price when making their transportation decisions. The result: Ventura has a 97% tender acceptance rate and scores much better than average on a wide range of industry benchmarks. We don’t shop rates. We look for value and long-term partnerships.
Sarah is a Shipper Sales Manager at DAT , an online marketplace that connects shippers and carriers in the transportation industry. 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.
FourKites CEO, Matt Elenjickal One of the two leaders in the real-time transportation visibility market is FourKites. This allows the company to do some interesting benchmarking. Calling the FourKites platform a real-time transportation visibility solution is a misnomer; This is a real-time supply chain visibility solution.
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.
We continue our series on the most read articles from the Cerasis blog for 2015 today by featuring any of the blogs in the transportation management or transportation categories. . Top 10 Most Read Transportation Management and Transportation Articles of 2015. We list them in order of the tenth most read to the most read.
And now for this week’s logistics news: Walmart Adds Truck Powered by Compressed Natural Gas to its Transportation Fleet CMA CGM offers $5.5 The vehicle will make its inaugural trip from Indiana to California, where it will be featured at the Advanced Clean Transportation Expo. CMA CGM is offering 5 billion euros ($5.48
Although applied throughout the organization, Cummins identified the elimination of transportation waste as an area that would have a significant impact. By measuring the variability of the process and their impact on the effective rate, Cummins was able to determine how to address each X variable in order to reduce transportation costs.
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.
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.
Procuring transportation for freight is much different than any other procurement category. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. Simmons uses dedicated contract carriers, a private fleet, and brokers for their shipping. The freight market is mercurial.
Managing yard and warehouse operations has long been one of the thornier aspects of transportation logistics. Yards are a choke point between transportation and warehousing — and wherever you have choke points, you have a higher risk of inefficiencies that drive up labor costs, detention fees and delivery commitments.
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.
The call for sustainable shipping is getting real. The transportation sector is the largest U.S. Pressure is coming from all sides for companies to adopt more sustainable shipping practices. Here actions you can take now to improve your sustainable shipping. Work Toward a Sustainable Shipping Certification.
Through advanced transportation management systems ( TMSs ) and greater automation, shippers can reap an unparalleled competitive advantage. 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.
Just last year many were chartering their own cargo ships to get all these goods to their destinations.) Transportation teams could drill into their top bottlenecks by facility, carrier performance, dwell time and volume. So, what is it going to take to enable better inventory management?
Transportation and logistics companies need technology and software management. 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.
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.
Sourcing is the heart of today’s global supply chains, and decisions made on sourcing impact everything from transportation and shipping costs, to both social and regulatory compliance concerns. The best way to beat out the competition is to run a tighter ship, which means gaining complete control and visibility over your supply chain.
A growing number of consumers are asking the brands they buy from to invest in sustainability throughout the supply chain, from the materials they use to make products, to the transportation options they use to deliver products. An IBM study found that 57% of consumers are willing to change their shopping habits to protect the environment.
The use of full truckload shipping is rising in popularity, resulting from its lower cost as compared to less-than-truckload (LTL) shipping. This strategy is ineffective, and shippers must use out-of-the-LTL-box strategies, including: communicating fully and accurately details of shipments in need of full truckload transport.
Most recently, the APQC has conducted best practice and benchmarking research on environmental sustainability. One area of concern for the long-term health of the world is the use of packaging in both the manufacturing and shipping of products. However, as the use of e-commerce increases, so does this percentage.
Uber Freight: Transportation Facility Brand Managers. As reported by Transport Topics , “Truck drivers using the Uber Freight load-booking app can now rate shippers’ and receivers’ facilities and share feedback on factors such as wait times and amenities.” req’d) New Job for Robots: Taking Stock for Retailers (WSJ – sub.
CDP is a global non-profit organization whose benchmarks on environmental performance by industry are widely recognized. To support supply chain operations, Saint-Gobain has a Transport Control Tower. To connect these supply chain sites to each other and customers there are 3,900 transportation lanes covering more than 1.7
Businesses need to identify vulnerabilities in their networks, from supplier dependencies to transportation delays. These include alternative sourcing strategies, backup transportation routes, and emergency inventory reserves. Real-time updates on shipping status and delivery timelines improve customer satisfaction and trust.
There are many ways to view data, but those that are particularly useful in supply chain analytics are reporting, score carding, dashboarding and benchmarking. For instance, a modern report for a manufacturer might display all the data about transportation providers as usable information, in a scorecard format. Benchmarking.
The Issue: Business Success Increases Freight Spend Complexity As explained by Dan Goodwill of Canadian Shipper, shippers face a problem with ensuring they are paying surcharges but aligned to the volume of freight shipped. The Freight & Transportation Management Trends to Know in 2018. Download White Paper.
Here are some closely guarded secrets from super users of TMS solutions regarding how they’re leveraging the captured transportation data and harnessing it to supercharge their TMS results. The first phase of successful TMS usage involves using the solution to drive visibility into one’s own transportation processes, network and capabilities.
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.,
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.
” The US Department of Transportation (DOT) has mandatory drug tests that any safety-sensitive employee must complete. Seventy-three percent of supply chain professionals expect the event, which also known as Chinese New Year, to further disrupt the shipping industry this year, as opposed to 66 percent who said the same thing in 2022.
Based on a benchmark study¹ of retailers using home delivery technology in diverse industries worldwide, here’s what companies are actually doing in five key areas to capitalize on the home delivery opportunity. Visibility also gets worse in the absence of a single transportation platform to manage disparate delivery modes.
The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. It serves as the compass guiding shippers toward efficient, economical, and dependable cargo transport.
As I’ve commented in previous postings, if you are a 3PL or transportation company and you’re not involved in cross-border shipping with Mexico, then you are missing out on a growing business opportunity (see Reuters article from December 2012). And finally, UPS raised a red flag by lowering its full-year EPS expectations.
Jane Sandifeer , VP Business Solutions at Advanced Shipping Technologies. I was particularly interested in understanding the factors that led them to seek out a transportation management solution and what features and capabilities they were looking for in a TMS. Michael Bartz , CIO at ReTrans. Be Sociable, Share!
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