Logistics Viewpoints

APRIL 25, 2024

Case-in-point: my company FourKites will collaborate with 16 other supply chain industry leaders — including BlueYonder, e2open, Oracle, Uber Freight, and JB Hunt, to name a few — as part of the Scheduling Standards Consortium (SSC). Create a facilities “Center of Excellence.”

Expense Reduction 316

Expense Reduction Cost Reduction Strategies Supply Chain Design Software Inventory Reduction 316

Logistics Viewpoints

AUGUST 12, 2024

Pirelli needed to move from using an army of representatives visiting dealer sites, showing them massive catalogs, and saying to the dealer, “You could buy this or this or this.” In some cases, the company had to buy market data. This was something they could not do with Excel. More costly freight?

Modeling 312

Modeling Supply Chain Planning Software Supply Chain Design Software Modeling Software 312

Supply Chain Shaman

JANUARY 8, 2014

Which metrics do you think matter to supply chain excellence? Total Delivered Cost means capturing the end-to-end cost of the global operation: inbound freight, material purchases, inventory losses, yield losses, internal and external manufacturing, distribution, inter-facility freight, outbound freight, overhead, duties, taxes, tooling, etc.

Procurement Analytics 261

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 261

Freightos

AUGUST 10, 2024

AI Popup #3) AI Popup #3 August 10, 2024 Dive deeper into freight data that matters Learn More For anyone who has played around with ChatGPT or Midjourney, it’s now clear that AI has the potential to be an incredible tool for enhancing efficiency and productivity.

Logistics Network Optimization Software 268

Logistics Network Optimization Software Modeling Software Supply Chain Planning Software Negotiating Skills 268

The Logistics of Logistics

OCTOBER 30, 2023

He is a board member of the Association for Manufacturing Excellence (AME) and a contributor to the Forbes Technology Council , Manufacturing Today, WardsAuto , Supply Chain Brain, Industry Today, Aerospace Manufacturing and Design, ASSEMBLY , and more. Richard previously founded and led Factory Logic, Inc. acquired by SAP).

Optimal Sourcing 278

Optimal Sourcing Inventory Reduction Supply Chain Design Software Manufacturing Procurement 278

Logistics Viewpoints

MAY 16, 2022

A company buys these solutions to optimize their business. Rich Sherman – a Senior Fellow in TCS’s Supply Chain Center of Excellence – points out that many companies are building control towers to better manage their supply chains. Meanwhile, waste is rampant in the freight industry.

Supply Chain Planning Software 313

Supply Chain Planning Software Optimal Sourcing Supply Chain Optimization Supply Chain Planning 313

Talking Logistics

JANUARY 13, 2021

However, instead of making predictions like “Walmart Will Buy FedEx to Compete with Amazon” or “The Consolidation of Digital Freight Brokers Begins,” I made some totally predictable predictions. In December 2019, I made some predictions for 2020. Read more The More Things Change in Supply Chain, The More They Stay the Same.

Supply Chain 237

Supply Chain Eliminating Excel in Purchasing Supply and Demand Freight 237

The Logistics of Logistics

AUGUST 25, 2023

Having been featured in CNBC, the Wall Street Journal, MarketWatch, Bloomberg, The Loadstar, CBS News, Freight Waves, and Transport Topics, Brashier lends his expertise on US and global supply chain matters. The Greenscreens.ai

Negotiating Skills 246

Negotiating Skills Third Party Logistics Logistics Network Optimization Software North America 246

GlobalTranz

FEBRUARY 4, 2019

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel.

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 120

Talking Logistics

JANUARY 30, 2018

Let me tell you how international e-commerce is changing one buying pattern and why it will reshape global logistics operations and government import regulations. In this case, it was not in bulk but individual purchases. French customers were buying directly from Chinese merchants. At a low level, the answer is no one would.

Global 171

Global Sweden Eliminating Excel in Purchasing Logistics Network Optimization Software 171

Logistics Viewpoints

APRIL 29, 2022

Bank of America sounding the alarm on collapsing freight demand. It includes free shipping of online purchases, free grocery deliveries to the home for orders of at least $35, prescription discounts and other benefits. Trucking demand is “near freight recession levels,” according to Bank of America.

Logistics Network Optimization Software 245

Logistics Network Optimization Software New York City Logistics Inventory Reduction 245

The Logistics & Supply Chain Management Society

NOVEMBER 14, 2021

He is very passionate about developments in the Supply Chain arena and is always seeking excellence in his drive for efficiency & innovation in Supply Chain operations” – a quality that is very relevant to face up to the many Supply Chain challenges in our path! The silo mentality of traditional organizations must be broken.

Sourcing Strategies 246

Sourcing Strategies Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software 246

Freightos

NOVEMBER 11, 2021

Late 2021 saw Maersk continue to shift towards vertical integrations, with acquisition of Senator, a German freight forwarder for $644 million dollars. While Facebook is looking at virtual reality, Alibaba and Amazon are looking more at freight. More on Maersk’s transition to an end-to-end provider can be found in this 2020 report.

Logistics Network Optimization Software 177

Logistics Network Optimization Software Price Reduction Cost Reduction Strategies Expense Reduction 177

The Logistics & Supply Chain Management Society

MAY 28, 2022

Secondly, global freight rates have seen an enormous increase over the past 12-months, which are unlikely to return soon to the rates before Covid. Sea freight and airfreight costs have become very expensive. Freight forwarding and customs clearance will likely be replaced by artificial intelligence in the coming years.

Innovation 244

Innovation Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Software 244

QAD

APRIL 7, 2022

Procurement, also sometimes known as purchasing, is the group responsible for acquiring components, services, and other materials to manufacture a company’s products and to keep the operation running. That may still sound simple, but corporate purchasing, regardless of the commodities the buyer is responsible for, is anything but simple.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Negotiate Pricing Purchasing Skills 98

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

Supply Chain Shaman

MARCH 21, 2022

Deaths in Hong Kong are at a record level as COVID outbreaks slow freight at Shenzhen and Qingdao ports in China. Very little freight is moving with prices skyrocketing and many rerouting containers to Ningbo. Rail freight through Russia increased 40% last year. bound Chinese exports– is open. On paper, it makes sense.

Modeling 284

Modeling Supply Chain Planning Software Supply and Demand Supply Chain Design Software 284

Supply Chain Shaman

DECEMBER 30, 2021

Freight Rates 2019-2021. As a result, companies plug along planning based on historic lead times and freight rates which as you can imagine is doomed for failure. The need for data synchronization increases with the growth of nodes, the increase of the number of parties handling the freight, and the use of multiple modes of transport.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 195

Supply Chain Shaman

OCTOBER 7, 2012

Q: You mention that Executive Buy-in is the biggest stumbling block. What techniques are being used to get executive buy-in? Q: What will be the role of the freight companies in the supply chain agility? Freight companies and alternate modes are key elements of agile networks. Tips on Executing Agility Well.

Supply Chain Design Software 231

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Inventory Reduction 231

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

In other words, halal requires an organisation of the supply chain instead of just the factory: from source all the way up to point of consumer purchase. The brand owner has its plant halal certified and is buying its ingredients from suppliers with the right halal certificates. distributor, retailer) and suppliers (e.g.: Green Skies?

Pharmaceutical 237

Pharmaceutical Buyer Training Supply Chain Software Supply Chain Strategy 237

GlobalTranz

DECEMBER 19, 2017

Stop wasting time waiting on your preferred carrier, and take advantage of the freight availability of all carriers. Optimize Routes, and Consolidate Freight Where Possible. Focus on Service, Not Just Freight Rates. Consider multimodal shipping options, which are often a pre-requisite to freight consolidation programs too.

Capacity 186

Capacity Optimization Software Logistics Network Optimization Software Supply Chain Network Software 186

Supply Chain Shaman

FEBRUARY 16, 2024

The translation of ripple effects of short supply, pricing, quality issues, and freight shifts affects how to source, make, and deliver processes should align. Or mine supplier shifts to build alternate buying plans. Shortening the cycle for demand insights is a powerful use case. Sensing and Proactive Alerting. Test and Learn.

Supply Chain Planning Software 401

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 401

The Logistics & Supply Chain Management Society

APRIL 26, 2022

The Freightos Baltic Index Global Container Freight Index shows the cost of shipping freight remains hugely elevated – more than double the price a year earlier. In fact, global freight rates have increased tenfold since the start of the pandemic. Brand loyalty is no longer the driver for consumer purchasing decisions.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Freightos

JULY 31, 2024

AI Popup #3) AI Popup #3 Charles Marrale July 31, 2024 Dive deeper into freight data that matters Learn More For anyone who has played around with ChatGPT or Midjourney, it’s now clear that AI has the potential to be an incredible tool for enhancing efficiency and productivity.

Logistics Network Optimization Software 177

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Modeling Software 177

Talking Logistics

OCTOBER 31, 2018

With fewer people unemployed, more money is circulating around the economy and consumers can purchase more goods. This means that there is an increased need for transportation as shoppers buy more and more items. Consumers are demanding faster shipping, better visibility and excellent customer experience from the places they shop.

Supply Chain Planning Software 154

Supply Chain Planning Software Supply Chain Planning Negotiating Skills Supply Chain Software 154

The Logistics of Logistics

MAY 6, 2022

3PLex was then purchased by Maersk. Ecommerce fulfillment is the backbone of the direct-to-consumer supply chain and to successful, fulfillment companies must excel at both technology and warehousing & logistics. Faster, Better Freight Quotes with Dawn Salvucci-Favier. Ecommerce fulfillment. Cambridge Capital.

Logistics Network Optimization Software 246

Logistics Network Optimization Software Trends Reverse Logistics Supply Chain Software 246

Talking Logistics

SEPTEMBER 13, 2016

Freight Cost Management eliminates post-audits and disputes. in Freight Cost Savings Per Shipment: Logistics Sourcing activities improve negotiated rates. Real-time visibility and proof of delivery eliminates tracking activities and dispute resolution. Access to data in single system eliminates data gathering and streamlines analysis.

Real-time Visibility 100

Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software Inventory Reduction 100

Supply Chain Shaman

JANUARY 28, 2015

Many companies talk about Supply Chain Excellence, but most leaders struggle to define it. One supply chain leader, in a discussion last week, likened supply chain excellence to fitness. He felt that supply chain excellence was analogous. Our journey for supply chain excellence has changed and evolved over time.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

In her keynote address, Nadia Abdul Aziz, President, National Association of Air Freight & Logistics (NAFL), who is based in Dubai, spoke about megatrends transforming the MENA region, particularly the impact of COVID-19. Leadership Excellence for the Digital Age – LogiSYM January/February 2018. MORE FROM THIS EDITION.

Supply Chain Software 231

Supply Chain Software Logistics Network Optimization Software Supply Chain Network Software Demand Planning Software 231

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. At a high level, what GEON does is purchase plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. It’s the narrative.

Supply Chain Planning Software 326

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 326

Logility

SEPTEMBER 19, 2023

Taming Supply Chain Bullwhips with DemandAI+ Bullwhip effect is a common term used in supply chain to describe how a small change in consumer purchasing pattern or a change in any demand pattern that can cause significantly large impacts to supply. Excel-based tools lack these capabilities.

Supply Chain Planning Software 135

Supply Chain Planning Software Modeling Supply Chain Software Supply Chain Planning 135

Freightos

MAY 31, 2022

This is an exciting milestone that accelerates our vision of a digital platform that modernizes international freight and improves global trade. I can walk into a local shop and purchase products from all around the globe. First, some background. I started Freightos a decade ago, in 2012. Really important. Why go public via a SPAC?

Purchasing Skills 156

Purchasing Skills Predictive Analytics Software Logistics Network Optimization Software Supply Chain Planning Software 156

Talking Logistics

APRIL 24, 2017

Last Saturday, we celebrated Earth Day, making this an excellent time for each of us to examine our own commitment to the environment. In recent years, businesses and consumers across the country have demonstrated that sustainability matters – both in terms of what they buy and how vendors are selected. In fact, 22% of U.S.

Optimal Sourcing 153

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Optimization Software 153

Logistics Viewpoints

OCTOBER 31, 2022

ZF transforms those purchased products into over 2,000 products. If a planner knows that the necessary components won’t arrive on time by ship, and that air freight must therefore be used to expedite the shipment, “it makes a huge difference on air freight rates if you need to have a ton on the airplane next week versus in 4 weeks.”.

Agile and Lean Supply Chain 264

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Lean 264

GlobalTranz

FEBRUARY 16, 2016

An excellent Warehouse Management System (WMS) can help reduce costs by automating cycle counting, and maintaining location control. A Transportation Management System (TMS) optimizes freight to utilize the most effective lanes and routes. transportation fuel) at a reduced cost that comes with buying in greater quantities.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

Supply Chain Opz

NOVEMBER 9, 2014

For example, if the supplier has several big name cosmetic industry customers (90% of their business) and you are buying specialty automotive chemicals from them (less than 5% of their business), the supplier will be influenced in the direction of the cosmetic customers and they will get the attention, products and services before you. .

Waste Reduction 274

Waste Reduction Supply Chain Planning Software Cost Reduction Strategies Inventory Reduction 274

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Manufacturers can gather valuable granular data such as the time an item spent in storage, at what temperature, how long it took to sell, the length of time between purchase and fulfillment and how long it spent in transport. Are Ocean Freight Prices Absolutely Broken? Artificial Intelligence AND Machine Learning.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298