Supply Chain Shaman

NOVEMBER 9, 2014

The team was organized around the functional silos of source, make and deliver. When we started benchmarking companies, Deborah and I had a friendly wager. Deborah and I benchmarked 97 supply chains; and, we found the inverse to be true. It had been this way for over two decades. I was asked to be an agent of change.

Manufacturing Procurement 286

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 286

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Supply chain planning involves interaction with different types of information based on internal and external data sources. These data sources are often spread across multiple platforms and come in various formats.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 278

Talking Logistics

OCTOBER 2, 2014

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.

Six Sigma 179

Six Sigma Agile and Lean Supply Chain Lean Waste Reduction 179

GlobalTranz

DECEMBER 29, 2015

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.

Transportation Management 120

Transportation Management Transportation Cost Reduction Strategies Price Reduction 120

Logistics Viewpoints

DECEMBER 18, 2024

Road freight alone accounts for approximately 7% of global CO2 emissions, with maritime and air transport further amplifying the environmental burden. Proactively adopting cleaner energy sources ensures alignment with these evolving regulations. Reducing packaging volume and weight also decreases transportation emissions.

Optimal Sourcing 143

Optimal Sourcing Material Savings Supply Chain Design Software Supply Chain Planning Software 143

Talking Logistics

NOVEMBER 19, 2015

It can be a difficult choice to make; supply chains are not one-size-fits-all, and your transportation technology solutions shouldn’t be, either. It could be the “just right” fit a company is looking for, especially when considering large-scale changes to a transportation model.

Transportation Management 100

Transportation Management Supply Chain Design Software Supply Chain Planning Software Modeling Software 100

Supply Chain Game Changer

OCTOBER 29, 2020

Freight sourcing team article and permission to publish here provided by Katharine Barrios at xeneta.com. Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. These are the must-haves for any effective freight sourcing team. Subscribe Here!

Sourcing Strategies 75

Sourcing Strategies Negotiating Skills Optimal Sourcing Negotiate Pricing 75

Logistics Viewpoints

APRIL 25, 2024

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.

Expense Reduction 267

Expense Reduction Cost Reduction Strategies Supply Chain Design Software Inventory Reduction 267

Logistics Viewpoints

JANUARY 16, 2023

APQC and the Digital Supply Chain Institute (DSCI) have conducted best practice and benchmarking research on MDM. APQC is a member-based nonprofit that conducts benchmarking, best practices, and performance improvement research. Achieving Data Mastery. They offer several tips.

Data 230

Data Supply Chain Planning Software Benchmarking Supply Chain Software 230

Logistics Viewpoints

AUGUST 9, 2022

How do we create systems that allow everyone in the ecosystem, from suppliers to transportation partners to retailers, to be not only more agile and responsive in the face of rapidly changing market conditions, but to be able to predict issues in advance and prevent them? So, what is it going to take to enable better inventory management?

Inventory Management Software 246

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 246

Logistics Viewpoints

JULY 19, 2023

Most recently, the APQC has conducted best practice and benchmarking research on environmental sustainability. For respondents at the median, 80 percent of total annual packing material consumed comes from recycled or re-used materials and 60 percent comes from renewable sources.

Sustainability 215

Sustainability Optimal Sourcing Logistics Material Savings 215

ToolsGroup

OCTOBER 11, 2017

Use benchmarking to identify gaps and opportunities in demand forecast capabilities - Gartner says that you can make your business case more compelling by demonstrating the gains others have won through demand planning improvements. 2% reduction in transportation costs (percent of sales).

Forecasting 180

Forecasting Supply and Demand Forecasting Software Optimal Sourcing 180

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

Supply Chain Shaman

DECEMBER 12, 2024

Global supply chains are built on three assumptions: rational government policy, availability of transportation resources, and low variability. In 2001, China joined the World Trade Organization, increasing access to China as both a channel and a supply source. The pandemic taught us many lessons that we are quickly forgetting.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Supply Chain Design 195

The Logistics of Logistics

SEPTEMBER 11, 2024

Felipe Co-founder and CEO of Loadsmart , where they provide logistics solutions powered by industry experts and next-gen technology that lower costs, increase efficiency, and digitize transportation. Capella’s journey from law/finance to co-founding LoadSmart, leveraging technology in transportation.

Logistics Network Optimization Software 185

Logistics Network Optimization Software Optimization Software Optimal Sourcing Supply Chain Planning Software 185

Supply Chain Shaman

DECEMBER 26, 2012

However, none of the three companies knew this before the benchmarking activity. With the rising costs of commodities and transportation, reducing ROA can often increase operating margin. When I go in to help a company, I first benchmark their supply chain ratios. It constantly amazes me. Something that no one wants.).

Manufacturing Procurement 189

Manufacturing Procurement Purchasing Skills Modeling Supply Chain Design 189

Talking Logistics

FEBRUARY 1, 2019

req’d) How Blockchain Could Benefit Levi’s Worker Well-Being Initiative (Sourcing Journal) Companies Plan for Tariffs, More Paperwork in Case of ‘No-Deal’ Brexit (WSJ – sub. Uber Freight: Transportation Facility Brand Managers. Having greater access to data, particularly benchmarking data, is also empowering shippers.

Logistics Network Optimization Software 144

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Network Software Demand Planning Software 144

Talking Logistics

MAY 9, 2019

Depending on your industry sector, transportation and logistics costs (as a percentage of sales) may range up to 14% or even higher for companies with an inefficient or outdated logistics set-up. What are your supply chain, sourcing, visibility, and transparency challenges? Are you looking for growth into other markets and continents?

Optimal Sourcing 157

Optimal Sourcing Supply Chain Software Supply Chain Optimization Logistics Network Optimization Software 157

Talking Logistics

MARCH 24, 2015

This time of year, many shippers are reviewing and updating their transportation plan for the back half of the year and many will be considering issuing RFPs for new or changed capacity needs. So, first and foremost, communicate the potential impact of changing transportation plans to your leadership team.

Expense Reduction 100

Expense Reduction Price Reduction Transportation Cost Reduction Strategies 100

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

Although 2023 first half reliability has been improving to around 65%, the lead time variability is still high compared to other modes of transportation, and still below pre-pandemic levels. Source: Sea-Intelligence Source: Sea-Intelligence The number of blank sailings are at the lowest we have seen since the pandemic started.

Rail Software 244

Rail Software Real-time Visibility Supply Chain Planning Software Predictive Analytics Software 244

Logistics Viewpoints

FEBRUARY 9, 2021

The more users and the greater the usage, the richer the data set for benchmarking, analysis and, ultimately, insights to help organizations improve their KPIs. Diversity of sources (carriers + vendors + customers). Our strategy was to lead with shippers, then onboard their vast networks of carrier, broker and 3PL partners.

Supply Chain Network Software 226

Supply Chain Network Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 226

The Logistics of Logistics

MAY 24, 2021

SaaS product, SONAR, is the leading freight market analytics tool and dashboard, aggregating billions of data points from hundreds of sources to provide the fastest data in the transportation and logistics sector. FreightWaves provides the ability to benchmark, analyze, monitor & forecast the $9.6T

Cost Reduction Strategies 130

Cost Reduction Strategies Analytics Software Forecasting Software Logistics Network Optimization Software 130

ToolsGroup

JULY 11, 2017

For instance, a Gartner industry benchmarking shows that a 1% increase in forecast accuracy typically achieves: 2-7% reduction in the value of total inventory as a percentage of sales (working capital). 3-9% reduction in transportation costs as a percentage of sales (overhead costs and profitability).

S&OP 92

S&OP Supply and Demand Inventory Reduction Price Reduction 92

Supply Chain Shaman

JUNE 16, 2014

In a similar vein, a major 3PL that I spoke to last week at Eye for Transport is considering discontinuing the traditional storage of spare parts and initiating a new service to do 3D printing of parts on demand. These tools allow us to look at sell, source, make, and deliver together. And, in our Digital Manufacturing Study.

Supply Chain Design Software 287

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 287

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

It serves as the compass guiding shippers toward efficient, economical, and dependable cargo transport. By crafting a well-defined strategy, businesses can mitigate transportation costs, mitigate supply chain disruptions, and uphold customer satisfaction. At the heart of it all, an effective procurement strategy remains paramount.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

Logistics Viewpoints

DECEMBER 2, 2024

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.

Supply Chain Planning Software 217

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Network Software 217

Talking Logistics

JULY 19, 2013

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 with that, have a happy weekend! Song of the Week: “Safe and Sound” by Capital Cities.

Logistics Network Optimization Software 152

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 152

DELMIA Quintiq

MAY 17, 2023

Many of Earth’s scarce resources are consumed by industrial processes and transport – which are the building blocks of today’s supply chains. According to the IPCC, about one-third of the global CO2 emissions are linked to industry, and 15% to transport – together this is almost half of the total CO2 emissions.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Scenario Planning Sustainability 156

ToolsGroup

APRIL 1, 2022

Increased Shipping Costs, Delays, and Transportation Issues. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. Image source: Financial Times. Dealing with the Shipping Container Crisis. Deloitte ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Tompkins Blog

MARCH 13, 2014

RALEIGH, NC — Shippers and carriers this year can expect to see many new trends related to transportation, as well as a continuation of several critical challenges from 2013. Trends in the Transportation Industry , a report by Tompkins Supply Chain Consortium, pulls back the curtain on today’s hottest transportation issues.

Transportation 67

Transportation Report Raleigh Supply Chain Network Software 67

GlobalTranz

JUNE 15, 2017

In order to make the improvement process a constant activity and in order to fix the achievements from development, your team must adopt the representative metrics, key performance indicators , and benchmarking items. IT and technology literacy. Constant learning capability.

Buyer Training 210

Buyer Training Logistics Network Optimization Software Six Sigma Vendor Strategies 210

Talking Logistics

JULY 27, 2022

At a recent industry conference, a shipper asked me many questions about transportation procurement, such as, “How do you best determine how long and how often to have transportation sourcing events?” Read more Why Benchmarking is the First Step to a Successful Freight Procurement Event. The good news.

Benchmarking 246

Benchmarking Procurement Freight Conference 246

GlobalTranz

MARCH 22, 2016

That is the time a customer creates an order, from being started at the warehouse, to until the order is finished and ready to be loaded onto a transport vehicle. Many warehouses, especially automated picking systems, have contractual benchmarks that need to be reached. The next statistic that comes to mind is about picking itself.

Warehousing 120

Warehousing Logistics Network Optimization Software Supply Chain Design Software Modeling 120

Precoro

SEPTEMBER 6, 2021

As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Understanding their distinction can help you ensure the coordination between the responsible teams and adopt the right strategies for improving both sourcing and procurement. Procurement. Contains fewer steps.

Optimal Sourcing 64

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 64

Logistics Viewpoints

FEBRUARY 28, 2022

As an E2open forecasting benchmarking report pointed out, “for companies trying to predict demand in March of 2020 as the world was descending into lockdown and everything was being turned upside down, what happened in March of 2019 had little to no relevance.”. At Coupa supplier risk is also flagged for single source or capacity constraints.

Optimal Sourcing 304

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 304

Logility

SEPTEMBER 16, 2022

Inevitably, key transportation lanes will not be found in the historical data. Modelers generally use three methods: quotes from carriers, regression analysis , and benchmark (market) data. See the table below to describe the usefulness of different data sources. Or that inventory will be traded off against transportation.?

Modeling Software 130

Modeling Software Modeling Optimization Modeling Logistics Network Optimization Software 130

ivalua

JULY 13, 2022

Buyers are expected to scrutinize every aspect of the purchasing process to identify ways to reduce their carbon footprint, source sustainable materials, and promote diversity. As the sourcing function evolves, digital procurement technologies have become crucial tools for buyers to capture and report their sustainability achievements.

Procurement Solutions 130

Procurement Solutions Supply Chain Planning Software Optimization Software Optimal Sourcing 130