Intelligent Audit

FEBRUARY 24, 2022

Freight network optimization and freight auditing services are the key performance areas that shippers want to track and monitor within the supply chain industry. . As highlighted by Redwood Logistics , “ To complete any task efficiently, you must first have the right tools for the right job.

Optimal Sourcing 52

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

Logistics Bureau

DECEMBER 28, 2024

Through network optimization. This means consolidating shipments to max out load factors, using route optimization algorithms to minimize distance travelled, and shifting to lower emission transport modes. Some have achieved up to 30% reduction in transportation emissions through product redesign.

Material Savings 75

Material Savings Resource Reduction Supply Chain Design Software Supply Chain Planning Software 75

Stord

MAY 8, 2024

Legacy systems are not built to allow brands to self-service manage these capabilities, limiting how much investment brands can make in these growth strategies. Be sure to select technology partners that also have experience and value propositions specific to channel expansion.

Optimal Sourcing 158

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 158

DELMIA Quintiq

JUNE 20, 2016

The world of container shipping is going through a prolonged period of instability due to oversupply of new ships entering service. Falling container shipping rates created a windfall for shippers and brought tears to shipping lines and ports. As in retail, shipping faces imbalance between supply and demand.

Big Data 120

Big Data Shipping Data Supply Chain Planning Software 120

Intelligent Audit

NOVEMBER 10, 2021

With the 2021 peak season, RFP and modern supply chain management remains essential today in the shipping and transportation market. The high priority focus on RFPs and carrier network optimization will continue to impact services and shipping protocols well into 2022 and beyond. Data-Backed RFPs.

Optimal Sourcing 52

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

Multichannel Merchant

APRIL 7, 2022

The call for sustainable shipping is getting real. Pressure is coming from all sides for companies to adopt more sustainable shipping practices. For shippers worried about the pressure to green up their shipping operations, and the associated costs and resources required, there’s good news.

Sustainability 111

Sustainability Shipping Waste Reduction Modeling 111

Intelligent Audit

MARCH 15, 2022

The complexity of the transportation and shipping market continues to complicate even the most basic of transport services. The continued growth of the TMS market means new software will be available, resulting in more data streams and increased access to data and supply chain management insights.

Supply Chain Design Software 52

Supply Chain Design Software Analytics Software Supply Chain Network Software Network Optimization Software 52

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? You should utilize technology and larger-scale strategies to streamline the logistics process.

Optimal Sourcing 52

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

Intelligent Audit

MARCH 30, 2022

With the continued advancements in shipping logistics and services, the rise of freight visibility is among the most critical points management must consider. Poor Freight Visibility Results in Inefficiencies. Poor Freight Visibility Results in Inefficiencies.

Logistics Network Optimization Software 52

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

Intelligent Audit

MAY 23, 2022

Many shipping companies ask this question to lament the current containerized logistics situation. On March 14, 2022, McKinsey and Company proposed four future recovery scenarios, summarizing that, “Container freight rates will remain elevated throughout most of 2022 while the containerized logistics disruption persists.”

Optimal Sourcing 52

Optimal Sourcing Network Optimization Software Freight Logistics Network Optimization Software 52

Talking Logistics

JUNE 30, 2017

Global shipping feels fallout from Maersk cyber attack (Reuters). Hunt testing augmented reality and other ideas to become a ‘technology company’ (TB&P). FourKites Partners with HaulFox to Provide Freight Brokers with Next Generation Supply Chain Visibility. Join the team and our quest to turn Type 1 into Type None!

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Network Software Predictive Analytics Software Network Optimization Software 0

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

ModusLink Corporation

SEPTEMBER 1, 2023

Supply Chain Management In the ever-evolving world of freight and logistics, volatility has become the new normal. Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. Consider global container shipping rates. before the COVID lockdown ( Freightos ).

Optimal Sourcing 78

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Manufacturing Procurement 78

Intelligent Audit

APRIL 26, 2022

As rising prices continue to impact every leg of the supply chain, shipping companies need to be creative to cut costs and check for business inefficiencies. Machine learning anomaly detection can be a tremendous value-add service in this regard. . Defining Machine Learning Anomaly Detection. Analyze data in real-time.

Analytics Software 52

Analytics Software Network Optimization Software Predictive Analytics Software Supply Chain Network Software 52

Intelligent Audit

NOVEMBER 5, 2021

In recent years, shipping GRIs among carriers tend to be around 3% to 5% each year. This average shipping rate increase index is a reflection of how carriers look to balance demand with capacity, but it’s not always the same. Different service options, weights, volume, and locations can all impact GRI rates.

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Inventory Reduction Material Savings 52

Intelligent Audit

MARCH 21, 2022

Of all the details shippers and businesses have to manage and track, transportation costs and freight audits can be the most overlooked and impactful. Optimizing freight transport and hauling services with freight contracts can be done by taking the following steps to ensure accuracy in auditing and management. ?Unify

Optimal Sourcing 52

Optimal Sourcing Optimization Software Supply Chain Optimization Network Optimization 52

Turvo

JANUARY 11, 2022

As stated by Supply Chain 24/7 , TMS systems and related technology and tools are opening up doors of opportunity for shippers and carriers than ever before. Vendors find it easier to develop innovative new capabilities and integrate new technology into the supply chain network. 1) Reduced Freight Management Expenses.

Supply Chain Planning Software 62

Supply Chain Planning Software Expense Reduction Supply Chain Network Software Network Optimization Software 62

Intelligent Audit

NOVEMBER 3, 2022

While disruptions and consumer demands are significant challenges, shippers with the right strategies and technologies can navigate them successfully. This is why transportation network optimization is important. What Is Transportation Network Optimization?

Network Optimization 52

Network Optimization Supply Chain Network Software Optimization Software Modeling 52

Intelligent Audit

APRIL 18, 2022

Even with the best network optimization, the modern supply chain network is still challenging for shipping companies struggling with freight audit systems. For several reasons, outsourcing freight audit and payment services may be the best option for many transportation and shipping companies.

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Resource Reduction Freight 52

Intelligent Audit

APRIL 4, 2022

Technologies have long shaped logistical planning and freight shipping services. Deep learning logistics and data analysis could one day become the thing that separates successful shippers from those that struggle with managing and applying freight data and customized freight auditing data. .

Freight 52

Freight Supply Chain Planning Software Analytics Software Supply Chain Design Software 52

Intelligent Audit

MAY 10, 2022

As more shippers and logistics managers begin to focus on freight analytics, the need for a concise and reliable way to deal with everything involved becomes painfully clear. Supply chain insights and freight audit data and analytics make it much easier to process, analyze and apply all that data practically and effectively. .

Sourcing Strategies 52

Sourcing Strategies Prescriptive Analytics Software Analytics Software Supply Chain Software 52

Jaggaer

DECEMBER 4, 2018

Why You Should Consider Freight Procurement Sourcing Solution. Whether you’re in charge of ordering the “things” or managing how and where those things get from A to B, both sides of the procurement equation stand to benefit from freight procurement automation. The Challenges of Freight. Data is King. You need something more.

Optimal Sourcing 40

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Procurement 40

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

Logility

SEPTEMBER 16, 2022

The total cost of the network exactly matched the accounting cost of $6.97MM. You can see three warehouses and almost every warehouse shipped to each destination city. Here is where it goes wrong, Figure 2 is the same data set but optimized for the lowest cost supplier. Figure 1 – Actual Historic Shipments.

Modeling Software 130

Modeling Software Modeling Optimization Modeling Logistics Network Optimization Software 130

CH Robinson Transportfolio

JUNE 10, 2021

This is due in part to LTL carriers working through the surplus of freight, selecting and deselecting freight that contributes to yield. Use these five strategies to help navigate today’s market and improve shipment performance for your LTL freight. Diversify your capacity network. Be accurate on tender details.

Price Reduction 50

Price Reduction Cost Reduction Strategies Price Mitigation Strategies Supply Chain Strategy 50

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

SEPTEMBER 30, 2021

In modern freight transportation services, GRI stands for General Rate Increase. The GRI shipping term refers to the usual increase in fees that are applied to container shipping rates. What GRI Stands for in Shipping. GRIs have historically been implemented on an annual basis.

Shipping 52

Shipping Expense Reduction Cost Reduction Strategies Resource Reduction 52

Intelligent Audit

JANUARY 5, 2022

By learning about ways to minimize spending on pharmaceutical shipping, companies can better compete in the evolving market. . The State of Shipping Pharmaceuticals in the U.S. The demand for pharmaceuticals in tandem with all e-commerce demand means little available capacity and higher costs for pharmaceutical shipping.

Pharmaceutical 52

Pharmaceutical Material Savings Shipping Cost Reduction Strategies 52

Intelligent Audit

MAY 6, 2021

Transportation network optim ization is a leading goal for supply chains around the globe. However, unpredictable environments and rising consumer demands require unprecedented efficiency and agility to react to changing network conditions with dynamic decisions. Industry 4.0 Industry 4.0 Download the White Paper.

Optimal Sourcing 59

Optimal Sourcing Network Optimization Sourcing Strategies Resource Reduction 59

Intelligent Audit

MARCH 24, 2022

Managing a well-balanced transportation budget is critical for payment auditing and ensuring that excess costs are minimal when monitoring shipping cost allocations. Machine learning in information technology can improve financial management and help shippers trim costs and avoid excessive fees and unnecessary surcharges.

Optimization Software 52

Optimization Software Network Optimization Supply Chain Optimization Supply Chain Planning Software 52

Ware2Go

MARCH 8, 2022

Everything you need to know about SurePost, the UPS economy shipping solution. Find the best shipping option for your business. UPS SurePost delivery is an economy shipping option offered by UPS. Read ahead to learn about SurePost shipping and decide if an economy shipping option is right for your business.

Shipping 52

Shipping Network Optimization Network Optimization Software Packaging 52

6 River Systems

DECEMBER 13, 2019

Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery. Implementing the right technologies, such as collaborative mobile robots , can help to optimize resource management and improve productivity.

Optimal Sourcing 81

Optimal Sourcing Optimization Software Price Mitigation Strategies Modeling 81

Intelligent Audit

DECEMBER 13, 2021

The global pandemic has changed the transportation and shipping industry in many ways, some of which will linger for years to come. Issues with logistics and shipping capacity continue to haunt supply chain management as experts predict that the shipping bottlenecks and backlogs at big U.S. ports will continue well into 2022.

Shipping 52

Shipping Cost Reduction Strategies Modeling Supply Chain Planning Software 52

Intelligent Audit

MARCH 17, 2022

As rising parcel carrier fuel surcharges change the dynamics for shipping companies, owners and decision-makers need to stay level-headed and informed to make the best business decisions. Patrick’s Day, parcel carrier fuel surcharges are imminent for omnimodal shipping. . Consolidate Freight Wherever Possible.

Price Reduction 98

Price Reduction Cost Reduction Strategies Inventory Reduction Sourcing Strategies 98

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. Why Supply Chain Optimization Matters in the Current Market and Economy. These steps to optimization also mean following a few core steps.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Analytics Software Predictive Analytics 52

Supply Chain View from the Field

DECEMBER 16, 2013

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. With globalization, the need to partner with local logistics service providers becomes an imperative.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

FLEXE

APRIL 12, 2016

The Top 5 Modern Logistics Technologies. Today, robotics technologies take many forms and serve a number of important functions in the supply chain, from assembling widgets to reading bar codes to moving products from one area of a warehouse to another. 2) Advanced Inventory Tracking Technologies. But that’s not always the case.

Logistics Network Optimization Software 28

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 28