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

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.

Logistics 156

Logistics Cargo Comparison Freight 156

Supply Chain Game Changer

SEPTEMBER 21, 2022

10 Tips To Be A Successful Freight Broker! The Supply Chain industry provides vast employment opportunities, from procurement to warehouse inventory, management, and shipping. The terms freight broker and freight agent are often confused in the cargo and shipping sector. What Does A Freight Agent Do?

Negotiating Skills 96

Negotiating Skills Freight Purchasing Skills Optimal Sourcing 96

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

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

Metrics Logistics Network Optimization Software Supply Chain Optimization Supply Chain Strategy 120

Freightos

JULY 26, 2018

Not even B2B is spared from these changing expectations (which is why we at Freightos launched an online freight marketplace ). While freight industry executives likely sighed with relief when an update of Amazon’s logistics.amazon.com page on June 28th turned out to be nothing more than a franchise model for courier delivery services.

Logistics Network Optimization Software 184

Logistics Network Optimization Software Data Logistics Supply Chain Planning Software 184

Supply Chain Movement

FEBRUARY 25, 2021

Are logistics matching platforms a wolf in sheep’s clothing for freight forwarders? However, the comparison with the proverbial wolf in sheep’s clothing is flawed, because rather than being in disguise, the digital players are simply outright competitors in the relatively traditional logistics market. Uber Freight.

Shipping 78

Shipping Logistics Network Optimization Software Supply Chain Network Software Comparison 78

Supply Chain Game Changer

AUGUST 13, 2021

Right shipping boxes article and permission to publish here provided by Dan Martin. Choosing the right kind of shipping boxes may be more complicated than you think. These boxes should be able to withhold the external factors during shipping. Durable boxes maintain the quality and integrity of the shipped items.

Shipping 111

Shipping How To Cost Reduction Strategies Supply Chain Optimization 111

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. It is easy to understand why strategy is often set aside to meet immediate needs of getting product shipped out the door. Be demand driven.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Procurement Material Savings 100

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 92

Freight Waste Reduction Cost Reduction Strategies Shipping 92

SCMDOJO

SEPTEMBER 19, 2024

Partial List of Hard Costs An additional mistake is only to assume a partial list of hard cost and little or none of the soft cost drivers.

Purchasing Skills 97

Purchasing Skills Price Reduction Modeling Manufacturing Procurement 97

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. So how can you be sure you’re getting the best freight rates possible?

Benchmarking 78

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 78

Freightos

JULY 26, 2016

This tremendous growth was driven by freight shipping, which scaled in size but didn’t significantly improve underlying technology, getting bigger, not getting smarter. For example, 26% of the 730 million TEUs shipped annually and approximately 30% of trucks on the road are empty. By 2014, it reached $77 trillion dollars.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Supply Chain Software Demand Planning Software Freight 120

Supply Chain Game Changer

JUNE 17, 2021

International shipping industry article and permission to publish here provided by Daniel Choi. Even during the epidemic, the shipping industry’s significance in the value chain and the transportation of resources and goods worldwide was emphasized, probably most prominently. The Shipping Industry During Pandemic.

Shipping 75

Shipping Industrial Industry Los Angeles 75

Supply Chain Game Changer

FEBRUARY 18, 2021

22 Tips for Offering Profitable Free Shipping! Shipping solution article and permission to publish here provided by Rashmi Sharma. When it comes to choosing a shipping solution, businesses need to be resourceful and smart. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Infographic). billion U.S.

Shipping 98

Shipping Supply Chain Software Logistics Network Optimization Software Retail 98

ToolsGroup

AUGUST 1, 2022

Reports indicate that returns are higher when products are sold online, with an average return rate of 30% for ecommerce purchases, in comparison with 10% for brick-and-mortar sales. According to a study by Narvar , 75% of consumers have been given a refund without needing to ship back the product. Image source: Shipping Easy.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

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

QAD

DECEMBER 18, 2024

Parcel shipping is an expensive business. You need to get the most customer satisfaction at the lowest shipping costs. The best way to ensure you optimize service levels and reduce costs is with multi carrier shipping software. Here we look at the reasons why high volume and global shippers need multi carrier shipping software.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Software Analytics Software Optimization Software 52

Logistics Viewpoints

JULY 19, 2023

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. Load consolidation means less trucks on the road to deliver the same freight, which is important as far as carbon emissions.

Sustainability 215

Sustainability Optimal Sourcing Logistics Material Savings 215

GlobalTranz

JULY 5, 2016

We continue our series on the top 5 blogs in our 4 main categories ( Freight , Manufacturing , Logistics , and Supply Chain ). Our first post covered the Top 5 Freight Management blogs of 2016. e-Book] The Ultimate Guide to Manufacturing, Supply Chain, Logistics, Transportation, & Freight Metrics & KPIs.

Logistics Network Optimization Software 132

Logistics Network Optimization Software Logistics Supply Chain Design Software Modeling Software 132

GlobalTranz

JULY 28, 2015

The transportation mode LTL, or Less Than Truckload, has grown to become the predominant, preferred means of freight transportation across the US. Additionally, industry experts and third-party logistics shipping providers ( 3PLs ) find themselves in the difficult position of ensuring the flow of merchandise continues as LTL use grows.

Purchasing Skills 120

Purchasing Skills Negotiating Skills Manufacturing Procurement Cost Reduction Strategies 120

Enterra Insights

SEPTEMBER 20, 2019

” Another company in this agriculture space is Freight Farm, which provides farmers the ability to grow vegetables in converted freight shipping containers equipped with the latest hydroponics and automated systems equipment. Freight Farms calculates annual profit for each container to be an average of $39,000 annually.”

Supply Chain Planning Software 160

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Optimization Software 160

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2022

Such real-time data and visibility functions allow for supplier comparisons as well as overall emission source contributor identifications, which can be focused on for improvement. In one case the fuel and emissions per kilogram shipped was actually halved for a customer! It can be done via EDI, API or via a web portal.

Optimal Sourcing 246

Optimal Sourcing Optimization Software Real-time Visibility Logistics Network Optimization Software 246

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. What Is Shipping Lead Time? Let’s explore why else it matters.

Freight 52

Freight Cost Reduction Strategies Shipping Price Reduction 52

Logistics Viewpoints

FEBRUARY 25, 2022

Carriers, freight forwarders, and shippers that were dealing with the China to North America trade lanes were already operating in crisis mode. Those shipments need to go by Ocean or the more expensive Air mode if ship berths can’t be found. Because of this, they are predicting rates will skyrocket for Ocean and Air.

Price Reduction 234

Price Reduction Ukraine Russia Logistics Network Optimization Software 234

Intelligent Audit

APRIL 13, 2021

One critical but often overlooked component of successful shipping and logistics management remains freight audit and payment processes. Following a few recommended best practices makes managing shipping costs easier. Create a Clear Strategy for Freight Audit and Payment. Communicate in Real-Time With Network Partners.

Vendor Strategies 59

Vendor Strategies Optimal Sourcing Supply Chain Planning Software Analytics Software 59

Intelligent Audit

MARCH 14, 2022

One carrier can charge a higher rate than another for the exact shipping loads and services. 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.

Freight 52

Freight Data Expense Reduction Price Reduction 52

Supply Chain Network

OCTOBER 9, 2018

But this may need to be rethought now that Satellites and AIS technology are being applied, and are capturing the “truth” about these activities, by monitoring actual ship movements and by comparing this to the related EDI arrival transactions for those same activities.

Supply Chain Software 114

Supply Chain Software Predictive Analytics Software Missouri Expense Reduction 114

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.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Freight Material Savings 52

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

Freight Supply Chain Planning Software Logistics Network Optimization Software Optimization Software 52

Intelligent Audit

NOVEMBER 30, 2021

The state of ocean freight continues to evolve in the wake of peak season, approaching holiday shipping deadlines , and ongoing disruptions. But imagine this reality: With ocean freight costs setting records, those same errors are now setting records. Why Invoicing Errors Are More Likely in Ocean Shipping.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Shipping Container Tracking 52

Talking Logistics

OCTOBER 30, 2018

In 2018, tender reject rates have reached as high as 25% in late July, and although they’ve fallen to nearly 14% more recently, that’s still a significant volume of freight moved via the spot market. Unsurprisingly, carriers are feasting on their advantage in this atmosphere. Consider the potential savings.

Optimization Software 118

Optimization Software Capacity Logistics Network Optimization Software Supply Chain Software 118

CargoBarn

SEPTEMBER 14, 2022

Now, overnight delivery and Expedited shipping have become standard practice. Expedited delivery has taken its place between truckload and LTL, say the freight experts at CargoBarn. Customers choose Expedited shipping because of some combination of price, speed of delivery, and a higher level of service. NOT CHEAPER (usually).

Shipping 52

Shipping Memphis Comparison Supply and Demand 52

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

DELMIA Quintiq

NOVEMBER 30, 2015

There was just not enough products being shipped back and forth. Equally, it could become a white elephant project with little impact on European freight transport times or costs. So, what should the shipping and transporting companies do with their networks vis-à-vis the “One Belt One Road” initiative?

Sri Lanka 120

Sri Lanka Supply Chain Design Software Supply Chain Planning Software Scenario Planning 120

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. All of this means shipping providers must take on more financial responsibilities. Freight Data Increases Market Share. Get data in real-time.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Freight Negotiating Skills Data 52

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