Supply Chain Shaman

SEPTEMBER 22, 2024

He shared that he worked for a freight forwarder providing supply chain planning services for a major retailer. Orbit Chart Comparison of Pfizer to the Pharmaceutical Industry Performance Summary The supply chain has aged, but our discussions remain the same. My new seatmate begrudgingly answered back as we often do at a conference.

Cost Reduction Strategies 378

Cost Reduction Strategies Waste Reduction Inventory Reduction Supply Chain Planning Software 378

E2open

OCTOBER 20, 2022

(NYSE: ETWO), the connected supply chain SaaS platform with the largest multi-enterprise network, announces that it has expanded its partnership with Uber Freight to provide a real-time rating solution within e2open’s Transportation Management System (TMS) application.

Supply Chain Planning Software 78

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GlobalTranz

SEPTEMBER 26, 2018

According to Logistics Management, more parcel carriers are moving heavier parcel shipments to less-than-truckload freight in e-commerce because they’re overwhelmed. This creates a wonderful opportunity for shippers to eliminate the middleman costs by considering the use of less-than-truckload freight options for e-commerce.

Shipping 168

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Intelligent Audit

MARCH 14, 2022

Freight audit and payment protocols have long been an essential service for shippers in competitive markets. Predictive planning and analysis are crucial to avoiding overpayment and freight rates and fees surprises. This is why freight invoice audit services and actionable intelligence are essential, mainly when focusing on spot bids.

Freight 52

Freight Data Expense Reduction Price Reduction 52

Freightos

SEPTEMBER 14, 2022

The low rates that triggered Hanjin’s bankruptcy in 2017 quickly became a thing of the past, as surging demand, congestion, and a litany of global shipping catastrophes pushed ocean freight rates into the stratosphere. While high, the shipping costs typically paled in comparison to the lost sales due to inventory shortages. Signup Now.

Logistics 156

Logistics Cargo Comparison Freight 156

Intelligent Audit

MAY 9, 2022

With ongoing recovery firmly in progress across multiple industries, one of the most significant challenges facing freight forwarders, supply chain managers, and transportation service providers is the issue of payment and freight bill payment service management. Standardize Shipping Cost Audits for Apples-to-Apples Comparisons.

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Cost Reduction Strategies Expense Reduction Freight Material Savings 52

Freightos

JANUARY 25, 2024

Freight is digitizing itself now at real scale. Crucially, the platform concept means that airlines don’t need to build one-off connections with each freight forwarder and that forwarders don’t need to update dozens of APIs a year. Q: What does it mean for the freight industry as a whole? The next stage is really 10,000,000.

Logistics Network Optimization Software 316

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Freightos

AUGUST 11, 2024

More Resources Home The Evolution of Wimbledon, a Metaphor for Ocean Freight 21st Century Ocean Freight Requires 21st Century Tools, not Wooden Rackets Ian Arroyo August 11, 2024 Everything changes. But here’s the catch – the comparison is still right there, it just doesn’t have a scoreboard (yet).As

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Freight Logistics Network Optimization Software Demand Planning Software Resource Reduction 211

Zipline Logistics

JUNE 29, 2021

The freight market has been on the receiving end of several systemic shocks that continue to affect industry providers and shippers alike. And when you add in the current labor and commodity shortages along with an inflationary environment, it is apparent why freight rates have been steadily climbing.

Freight 91

Freight Trends Los Angeles Manufacturing Procurement 91

GlobalTranz

OCTOBER 27, 2021

While large national networks comprise a significant percentage of transportation service providers' shipping options, several challenges present if these are the only OTR freight transportation sources considered, including. Download the White Paper: Over the Road Freight Management Trends. current LTL transportation ?rates

Sourcing Strategies 197

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Intelligent Audit

APRIL 1, 2021

While traditionally these programs are called freight audits, it isn’t solely about LTL or FT. While each shipping mode presents more complexity for managing the freight audit , having a single validated source of truth across your supply chain opens up endless possibilities for shipment and cost optimization. Consider this.

Freight 52

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Freightos

JANUARY 28, 2016

10 Controversial Freight Predictions For 2016. Data savvy shippers are collaborating with other shippers to reduce spend, crunching big data to benchmark freight rates to make the right freight decisions. Freight Industry Is Finally Online. We Start Thinking Of Freight As Big Parcels. Ocean carriers are reeling.

Predictive Analytics Software 120

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Freightos

JANUARY 28, 2016

10 Controversial Freight Predictions For 2016. Data savvy shippers are collaborating with other shippers to reduce spend, crunching big data to benchmark freight rates to make the right freight decisions. Freight Industry Is Finally Online. We Start Thinking Of Freight As Big Parcels. Ocean carriers are reeling.

Predictive Analytics Software 120

Predictive Analytics Software Freight Purchasing Skills Price Reduction 120

Intelligent Audit

APRIL 25, 2022

Freight audit data has long been a critical pillar for shippers dealing with domestic and international parcel shipping. With major ports such as Shanghai locking down, ocean congestion is only likely to worsen, leading to higher freight charges and more issues with supply shortages. A Review of Common Freight Charges.

Freight 52

Freight Optimal Sourcing Predictive Analytics Expense Reduction 52

Intelligent Audit

APRIL 13, 2021

One critical but often overlooked component of successful shipping and logistics management remains freight audit and payment processes. Create a Clear Strategy for Freight Audit and Payment. For efficient freight audit and payment processes, carrier scorecards are another of the top helpful digital tools.

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Logistics Bureau

NOVEMBER 22, 2021

Shipping air inside expensive freight containers has never been a cost-effective approach to transportation. Today though, in the wake of the COVID-19 pandemic, it’s even more critical to try and improve capacity utilisation , given the skyrocketing costs of container freight shipping.

Freight 85

Freight Waste Reduction Cost Reduction Strategies Shipping 85

Logistics Viewpoints

MAY 3, 2024

in push for freight decarbonization China e-commerce exports, unreliable Red Sea shipping boost air cargo Sephora is expanding its take-back and refillables programs Amazon announced that it delivered to Prime subscribers at its “fastest speed ever” in its quarterly earnings on Tuesday. The initiative is allocating nearly $1.5

Logistics Network Optimization Software 247

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Intelligent Audit

MAY 19, 2022

Many expenses arise from these disruptions that impact the bottom line profits for shippers today; one of the most volatile and impactful is freight bill financing. Managing freight costs and freight payments , whether per mile, per load, or truckload is vital to overcoming the obstacles and disruptions currently plaguing the industry.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Optimal Sourcing Freight Expense Reduction 52

Intelligent Audit

SEPTEMBER 15, 2021

Discovering billing mistakes through leveraged data from freight audits helps shippers identify cost-cutting opportunities through accurate invoicing and payment processing. Freight audit savings might arise from recouping costs due to overbilling, service guarantee failures, or simply using the wrong carrier for each load.

Waste Reduction 52

Waste Reduction Cost Reduction Strategies Analytics Software Resource Reduction 52

GlobalTranz

MAY 12, 2016

Furthermore, some data may be of minimal use without comparison to and identification of trends and collaborations between data from other transactions within a given warehouse or transportation system. However, most of today’s data goes unused and represents a lost opportunity to the company.

Metrics 120

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Intelligent Audit

SEPTEMBER 9, 2021

For several reasons, working capital management and freight auditing remain vital for achieving growth and success in the modern supply chain. Freight audit and payment management can help highlight and address these expenses. How Freight Auditing and Payment Boosts Working Capital and Cash Flow.

Freight 52

Freight Expense Reduction Supply Chain Planning Software Cost Reduction Strategies 52

Intelligent Audit

AUGUST 25, 2022

It has always been essential to have visibility into freight spending. Freight audit & payment (FAP) providers have long paved the way to gaining this visibility by looking at shipping invoices and breaking down freight spend. What Is Freight or Transportation Spend Management?

Real-time Visibility 52

Real-time Visibility Transportation Management Supply Chain Planning Software Optimization Software 52

Turvo

FEBRUARY 9, 2021

This is where freight data recording and analysis can help with the supply chain’s internal adding value. . The Costs of Not Using Freight Data in Managing Logistics. Freight Data Increases Market Share. This becomes best accomplished by taking advantage of freight data analysis. Best Practices in Using Freight Data.

Logistics Network Optimization Software 52

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Zipline Logistics

JANUARY 4, 2022

For the second consecutive four-quarter period, the freight market faced continual capacity challenges as the global supply chain wrestled with the effects of the COVID-19 outbreak. Will these forces continue to play a part in the freight market in the coming year? Consumption Drives Freight Market Growth. percent in November.”

Freight 52

Freight Purchasing Skills Procurement Analytics Agile and Lean Supply Chain 52

Logistics Viewpoints

MARCH 3, 2021

GlobalTranz’s main service lines are freight brokerage – less-than-truckload and truckload – and managed transportation services. Robinson’s last quarter earnings in North American Surface Transportation, up 10.8% – which many companies would be delighted with – seem paltry in comparison. Robinson and Echo Global Logistics.

Logistics Network Optimization Software 269

Logistics Network Optimization Software Negotiating Skills Negotiate Pricing Report 269

BR Williams Supply Chain Management

MAY 22, 2023

The SmartWay Program Since the Great Recession, the freight industry in the United States has experienced significant growth , with over 51 million tons of goods transported daily. However, this growth has also led to rising concerns about the environmental impact of global freight transport. The SmartWay Program is a U.S.

Supply Chain Design Software 98

Supply Chain Design Software Warehousing United States Logistics Network Optimization Software 98

Zipline Logistics

MAY 11, 2021

Freight rates continue to remain elevated in year-over-year comparisons. Produce season is a yearly occurrence and, for its duration, it can widely affect capacity and freight rates. Produce season is a yearly occurrence and, for its duration, it can widely affect capacity and freight rates. So why is that the case?

Capacity 52

Capacity Freight Los Angeles United States 52

Intelligent Audit

SEPTEMBER 20, 2021

In the supply chain industry, the freight audit process can provide a competitive advantage for invoicing and cutting back costs. As reported by Supply & Demand Chain Executive , “As the shipping industry becomes more complex, so too does freight payment. What Is Freight Audit and Payment.

Analytics Software 52

Analytics Software Resource Reduction Cost Reduction Strategies Supply Chain Planning Software 52

DAT Solutions

OCTOBER 26, 2017

One result has been a transformation of seasonal freight trends, and transportation spending, especially in the fourth quarter of each year. Before 2013, October was the busiest month for freight transportation, as merchandise had to be on store shelves in advance of the Thanksgiving weekend.

Freight 70

Freight Third Party Logistics Modeling Supply Chain Design 70

Zipline Logistics

AUGUST 14, 2020

Despite a pandemic that has disrupted many parts of the global supply chain, the freight market has been on a recent tear. Current outbound tender volume is up 34 percent over 2019 and 38 percent over 2018 in year-over-year comparisons. What’s Causing Upward Freight Market Trends? What Is Next for the Freight Market? .

Freight 52

Freight Manufacturing Procurement North America Scenario Planning 52

Talking Logistics

JUNE 30, 2015

Transportation has followed the same evolutionary pattern, moving upstream from day-to-day freight transactions to an integral component of top-level corporate planning and procurement strategy. Going forward, it is vital that shippers analyze their freight spend and if required renegotiate their rates regularly to remain competitive.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Procurement Material Savings 100

Zipline Logistics

DECEMBER 22, 2020

But with freight conditions like those we have seen throughout most of 2020, building in additional lead time is an even more essential piece of your logistics operational puzzle. Building-in additional lead time in a tight freight market is crucial. On-time freight performance also increased to 99.27%. Efficiency improvements.

Freight 52

Freight Cost Reduction Strategies Shipping Price Reduction 52

Zipline Logistics

JANUARY 4, 2021

It was a tale of two freight markets during the past year due to the global pandemic that reshuffled consumption and commerce. We saw historic freight lows in the winter and early spring, followed by landmark highs in the summer and the remainder of the year. Buying Trends Could Shape 2021 Freight Outlook. Housing Market Boom .

Freight 52

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The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Freight Management. Freight management is driven by time-critical, manual tasks. This will improve the ability for data analytics to be used to improve operations and provide an efficient and scalable freight management workflow. Price Lookup and Comparison. Returns and Refunds Processing.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Intelligent Audit

JANUARY 3, 2023

All three divisions—Express, Ground, and Freight—reported year-over-year volume declines. FedEx Freight reported an 8% increase in revenue to $2.4 But for Ground, the upgrades will improve efficiencies and cost savings and further link it to FedEx Freight. “We For fiscal Q2 2023 ended Nov. YoY decline in revenue to $10.86

Price Reduction 98

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Intelligent Audit

NOVEMBER 3, 2021

The implications of reduced cost in just this one area of processing and freight payment management can have a significant impact on profits. But freight payment remains a very complex and often error-prone process. What Are Freight Payment Services. Freight payment service may also be known as freight audit and payment.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Freight Vendor Strategies Expense Reduction 52

Parade

MARCH 7, 2022

Tools to Streamline both FTL and LTL Brokerages Tai has a lot to offer freight brokerages that handle both FTL and LTL business. LTL brokerages have access to side-by-side price comparisons pulled directly from EDI-connected LTL carriers, shipment tracking, and automated dispatching. Tai TMS is a TMS for , modern freight brokerages.

Supply Chain Design Software 148

Supply Chain Design Software Modeling Software Optimization Software Logistics Network Optimization Software 148