Talking Logistics

APRIL 12, 2018

DC Velocity and Descartes have conducted a transportation benchmark study for the last two years to help transportation professionals understand what is driving the market, and how the strategy and tactics of top performers differ from the rest of the pack. Figure 2: Top 4 Regulatory/Industry Changes (Source: Descartes).

Transportation Management 105

Transportation Management Logistics Network Optimization Software Modeling Software Supply Chain Planning Software 105

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 201

Benchmarking Procurement Freight Conference 201

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

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

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 Freight Sourcing Strategies 130

The Logistics of Logistics

OCTOBER 1, 2022

Andrew Semisch and Joe Lynch discuss smart freight sourcing, which starts with an RFP tool purpose built for freight sourcing. Key Takeaways: Smart Freight Sourcing. In the podcast interview, Andrew and Joe discuss smart freight sourcing – which starts with an RFP tool purpose built for freight sourcing.

Sourcing 219

Sourcing Logistics Network Optimization Software Freight Supply Chain Network Software 219

Talking Logistics

SEPTEMBER 4, 2022

How do you best determine how long and how often to have transportation sourcing events? The good news is that companies today have greater access to real-time benchmarking data and market intelligence. Read more [Video] Why Benchmarking is the First Step to a Successful Freight Procurement Event.

Benchmarking 130

Benchmarking Video Procurement Freight 130

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

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 63

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 63

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 210

Sustainability Optimal Sourcing Logistics Material Savings 210

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 277

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 277

MIT Supply Chain

MARCH 2, 2021

Latin American countries have particular challenges related to truck transport. Truck transportation comprises 75% of all freight in Latin America. So for a company to be competitive in the region, it’s imperative that they know how to effectively navigate countries’ transportation markets.

Comparison 52

Comparison America Transportation Colombia 52

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 262

Expense Reduction Cost Reduction Strategies Supply Chain Design Software Inventory Reduction 262

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

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 226

Data Supply Chain Planning Software Benchmarking Supply Chain Software 226

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

Bristlecone

JULY 14, 2020

In aviation, strategic sourcing can reduce the cost and fix the nuts and bolts of existing processes with the help of a well-performing sourcing team. Low-Cost Country Sourcing. The post White Paper: Strategic Sourcing in the Aviation Industry – How to Increase and Accelerate Savings appeared first on Bristlecone.

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Purchasing Skills Sourcing Strategies 52

Intelligent Audit

DECEMBER 22, 2020

The key to better logistics is a streamlined system that utilizes business intelligence and processes that yield transportation optimization. Now, enterprises worldwide are turning the tables and looking for ways to enable continuous transportation optimization using a combination of technology and expert provided solutions.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Analytics Software Supply Chain Software 52

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 243

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 243

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

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 159

Six Sigma Agile and Lean Supply Chain Lean Waste Reduction 159

Logistics Bureau

OCTOBER 11, 2024

Here I want to share eight key procurement challenges that we and consultants are facing in today’s global sourcing world. Global Sourcing – Start-up Basics Nobody could ignore the role that global sourcing plays in today’s procurement world. The good old theory of “total cost of ownership” should always prevail.

Manufacturing Procurement 77

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 77

Zipline Logistics

JANUARY 17, 2023

When you think of sustainability, you might think of CPG brands practicing ethical sourcing or using recyclable packaging. Misaligned production, warehousing, and transportation functions are also a large source of supply chain inefficiencies, and they can cost brands big in wasted resources, time, and money. .

Resource Reduction 78

Resource Reduction Waste Reduction Vendor Strategies Optimal Sourcing 78

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

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

Supply Chain Matters

SEPTEMBER 24, 2024

Leveraging practices of fast design coupled with localized production sourcing that is able to design and produce products in a matter of days. In that year, the fast fashion retailer had the highest profitability performance in a decade in the midst of high inflation and disrupted global transportation and logistics networks.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design Supply Chain Planning Software 52

Stord

AUGUST 5, 2020

Freight transportation is the culprit that makes up a vast majority of air pollutants and emissions in the US. Freight transportation is often a huge part of indirect emissions that go un-tracked. As a shipper, this data is necessary to develop industry benchmarks for carbon footprint.

Waste Reduction 78

Waste Reduction Supply Chain Design Software Inventory Reduction Cost Reduction Strategies 78

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

The Logistics of Logistics

OCTOBER 6, 2023

John is the Co-founder and COO of ISO , the only neutral platform that provides shippers, brokers and carriers with the ability to measure the total cost of transportation procurement. ISO provides a neutral, single source of truth for logistics performance, eliminating siloed systems and human analysis.

Logistics Network Optimization Software 237

Logistics Network Optimization Software Analytics Software Supply Chain Network Software Predictive Analytics Software 237

GlobalTranz

MARCH 24, 2015

Editor’s Note: This post is a slightly modified guest post from Ahern & Associates , a transportation management consultancy. Without understanding true costs and using benchmarks as just that – benchmarks – carriers and shippers will struggle to effectively analyze and reduce their costs. Specialized – $1.73

Benchmarking 120

Benchmarking Purchasing Skills Analysis Cost Reduction Strategies 120

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

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 105

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Network Software Demand Planning Software 105

Logistics Bureau

FEBRUARY 6, 2023

3: Using Overcomplicated KPIs In our work with clients, we often come across KPIs that combine data from several sources and employ complex calculations. You may have completed the project without external assistance or engaged a supply chain consulting firm like ours that provides benchmarking and KPI services to assist you.

KPI 86

KPI Supply Chain Strategy Supply Chain Software Supply Chain Design Software 86

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

As it takes time for shipping to reset back to ordinary capacity levels and flows, this change impacts rates, and can also influence other supply chain decisions where transportation rates and on-time performance play a major role. The issues of labour and transportation costs, along with capacity, will beleaguer everyone.

Predictive Analytics Software 130

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

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 124

Optimal Sourcing Supply Chain Software Supply Chain Optimization Logistics Network Optimization Software 124

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