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

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

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

Logistics Viewpoints

JULY 19, 2023

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. For the top performers, however, 90 percent of total annual packing material consumed comes from recycled / re-used materials, and 74 percent comes from renewable sources.

Sustainability 209

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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.

Vendor Strategies 59

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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

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 268

Logistics Network Optimization Software Negotiating Skills Negotiate Pricing Report 268

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

Talking Logistics

JUNE 30, 2015

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. 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

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Freight Management. Freight management is driven by time-critical, manual tasks. Price Lookup and Comparison. Purchase Order Management. Returns and Refunds Processing.

Supply Chain Software 246

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

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

Logistics Network Optimization Software Freight Negotiating Skills Data 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

Intelligent Audit

MAY 2, 2022

As highlighted by Transport Topics in a January 2022 article discussing freight shipping analytics, “ Data shows total truckload rates year-over-year are holding around 12% higher. One of the essential features of freight analytics is how it impacts forecasting services. They are forecast to grow 2.5% to 3% throughout the year.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Analytics Software Predictive Analytics 52

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

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

Freight Purchasing Skills Logistics Network Optimization Software Trends 52

The Logistics & Supply Chain Management Society

APRIL 19, 2023

– How Logistics is Harnessing the Power of the Sun by Timothy Foote , Founder of Susymbio We all know that our sun’s power is the main energy source for life on Earth. It is not going to be a major source of reduction, but it pays for itself operationally over time regardless.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Expense Reduction Supply Chain Software Logistics 130

Supply Chain Game Changer

AUGUST 30, 2022

Many businesses use some form of Total Cost of Ownership model to support their Procurement and sourcing decisions. In fact these models are not just used casually, but they often are designed to inform and make optimal sourcing choices. Typically and historically sourcing decisions were predominantly based on unit price.

Optimal Sourcing 103

Optimal Sourcing Purchasing Skills Manufacturing Procurement Negotiating Skills 103

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. In an era that has embraced data technology for improving everything from entertainment to finance, freight is still manual. Sources: A , B.

Logistics Network Optimization Software 120

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

Supply Chain Shaman

NOVEMBER 21, 2018

Supply Chain Risk Drivers: A Comparison of Risk. The problem is that the acceptance of lanes by the carriers does not force the carrier to accept the freight when tendered. If the carrier does not accept the freight, the manufacturer loses time in moving the freight and is often forced to go to the open market to source freight.

Supply Chain Planning Software 202

Supply Chain Planning Software Forecasting Software Supply Chain Planning Demand Planning Software 202

Enterra Insights

JUNE 28, 2023

He writes, “If you are a part of a very large, multinational corporation, there is great likelihood that there is a logistics department, a distribution center, a freight management function, a warehouse team, an inventory management organization, and a planning team. Keep up the good work. 4] Scott G.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Logistics Supply Chain Design Software 130

20Cube Logistics

FEBRUARY 11, 2022

Additionally, when the ports are facing capacity crunch or the tariffs of ocean freight and container skyrockets, it iis airfreight that comes as the savior. With the current business scenario changing at a rapid pace, the freight forwarding industry is shifting its focus towards airfreight. Capacity Crunch of Ocean Freight.

Agile and Lean Supply Chain 74

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 74

Proxima

AUGUST 25, 2022

The city’s port lost around 45 percent of its trucking capacity this spring as the city ground to a halt, resulting in around 80 percent of vessels being delayed, in comparison to 20 percent two years previously. The threat of sudden lockdowns continues to loom over procurement teams.

Policies 91

Policies Global Manufacturing Procurement Supply Chain Software 91

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. As a result, regardless of freight costs, seamless mail-in returns to the distribution center or ecommerce site are almost better for retailers.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

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. It’s also impractical to shift solely to air freight when ocean rates soar.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Shipping Container Tracking 52

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. Arcstone provides several ways for the data of suppliers to be passed. 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

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 162

Logistics Network Optimization Software Data Logistics Supply Chain Planning Software 162

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. They are predicting Ocean is going to increase 2-3x from $10,000 to container to over $30,000 per container and that Air freight spot rates and lead times are going to increase 3-4 times.

Price Reduction 228

Price Reduction Ukraine Russia Logistics Network Optimization Software 228

Intelligent Audit

APRIL 6, 2022

Critical business decisions such as freight network optimization are possible when carriers have the financial leeway to offer competitive pricing to shippers focused on finding dedicated carriers or other creative solutions. Unify all data within a single source of truth. Normalize data to enable apples-to-apples comparisons.

Optimal Sourcing 52

Optimal Sourcing Puerto Rico Sourcing Strategies Price Reduction 52

Supply Chain Trend

OCTOBER 11, 2022

In Pierre Pinson’s article “To Share or Not to Share: The Future of Collaborative Forecasting,” the comparison between data and big oil is striking. They have a global network that provides supply-chain data from ocean freight forwarders and transporters, that they then make available for integration with your own business. CONCLUSION.

Forecasting 88

Forecasting Data Manufacturing Procurement Forecasting Software 88

Supply Chain Game Changer

NOVEMBER 24, 2018

CSCMP defines Distribution as “The activities associated with moving materials from source to destination. When I have thought of Logistics I think of Freight management, Transportation, Carriers and the overall planning and management of the movement of goods throughout the end to end Supply Chain. ” [link].

Distribution 92

Distribution Logistics Network Optimization Software Logistics Sourcing Strategies 92

DAT Solutions

JANUARY 2, 2017

The freight recession is over. Energy exploration and fracking petered out, and the accompanying freight dried up. Freight volume and rates finally began to revive in May 2016, and year-over-year volume comparisons turned positive in August. Granted, some big markets like Atlanta and Dallas remained quiet this December.

Freight 138

Freight Optimal Sourcing Price Reduction Comparison 138

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

Intelligent Audit

OCTOBER 26, 2021

A Single Source of Truth for Shipping Surcharges Management. Fortunately, a single source of truth that arises from a unified approach, leveraging cleansed and normalized data from all such systems, can make it easier to understand your costs. Leading KPIs to Track Performance Across All Modes, Channels, and Providers.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Predictive Analytics Analytics 52

Intelligent Audit

MAY 6, 2021

technologies are creating new opportunities to digitalize the value chain and create sources of insight and opportunities to optimize networks in real-time.” Of course, that’s possible only if a company can visualize the full movement of freight and know when it makes sense, financially and strategically, to take those steps.

Optimal Sourcing 59

Optimal Sourcing Network Optimization Sourcing Strategies Resource Reduction 59

Intelligent Audit

SEPTEMBER 1, 2022

Technology has moved businesses forward in creating efficient processes and gaining improved insights into transportation management and freight spend , but are you using these to your fullest advantage? An optimized carrier network helps you understand how to plan freight movement. Strengthen Your Network. Expand with New Connections.

Optimal Sourcing 52

Optimal Sourcing Network Optimization Network Optimization Software Supply Chain Network Software 52

EC Sourcing Group

MARCH 12, 2023

Identify your data sources that can help identify supplier performance. Some of the most common invoice errors include charging the wrong item price or for the wrong quantity, or charging freight which is not contractually allowed. Update the data frequently because interactions and transactions with the supplier change often.

Procurement Analytics 52

Procurement Analytics Purchasing Skills Procurement Solutions Supply Chain Planning Software 52

GlobalTranz

JANUARY 30, 2015

It is important to know who is providing the source data used to develop your KPIs. If you are using components of source data outside of either you or your provider’s control, what are the means of auditing its accuracy? Where is the data coming from? This will give you the ability to capture what is actual in a given situation.

Transportation 120

Transportation Data Analytics Software Optimal Sourcing 120