CLX Logistics

NOVEMBER 21, 2023

When looking ahead to the future, it’s crucial to reflect on the past year, identify emerging trends, and strengthen strategies for benchmarking and procurement. It’s not just a tool but a strategic partner in improving procurement and benchmarking. Are you choosing carriers that offer the most competitive rates? The outcome?

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Cost Reduction 52

FreightWaves SONAR

MARCH 15, 2021

Supply chain professionals responsible for transportation procurement at Fortune 500 companies focus on three things – budget forecast accuracy, service scores and primary tender acceptance. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

CH Robinson Logistics

SEPTEMBER 28, 2021

The answer is not simple and involves research and analysis across a number of factors. My answer to this question for shippers procuring long-distance (outside of a given metropolitan area) dry van transportation, for both truckload and less than truckload (LTL), is that approximately 25,000 truck drivers are needed.

Trucking 116

Trucking Blog Supply Chain Planning Software Supply Chain Design Software 116

Logistics Viewpoints

DECEMBER 14, 2023

And even before they begin, they must realize these problems are too big for any single team—supply chain must connect with finance and procurement to treat the n-tier suppliers as an extended part of their network and become their preferred customer. For this to happen, finance needs to be in lockstep with procurement.

Supply Chain Design Software 158

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Optimal Sourcing 158

SYSPRO Smarter ERP

OCTOBER 9, 2023

Therefore, companies should have a system to collect and consolidate the data for reporting and analysis. Understanding material costing requires information about procurement activities and how long materials linger in inventory before they are used to generate revenue. This can be used in costing analysis and equipment profitability.

Manufacturing Procurement 111

Manufacturing Procurement Purchasing Skills Cost Reduction Optimal Sourcing 111

GlobalTranz

NOVEMBER 29, 2016

Editor's Note: Today's blog is the second part of Chuck Intrieri's series on how procurement and suppliers can avoid issues with their contracts. Procurement and suppliers often assume that small print is highly complicated legal jargon that is both boring and largely irrelevant. How to Begin Your Terms.

Procurement Analytics 84

Procurement Analytics Manufacturing Procurement Procurement Document 84

Freightos

MARCH 12, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Asia-US East Coast prices(FBX03 Weekly) fell 8% to $6,107/FEU. Europe – N. America weekly increased 4% to $2.08/kg.

Negotiating Skills 127

Negotiating Skills Optimal Sourcing Demo Data 127

GlobalTranz

NOVEMBER 28, 2016

Editor's Note: Today's blog is by our great friend, Chuck Intrieri where he gives us a fantastic example of how Procurement and Suppliers can enhance Supplier Relations by navigating the "Battle of the Forms.". Battle of the Forms: Will You Win, Lose or Draw? In the legal world, we call this situation a “Battle of the Forms.”

Manufacturing Procurement 85

Manufacturing Procurement Negotiate Pricing Optimal Sourcing Procurement 85

CLX Logistics

MAY 15, 2024

They also recognized the need to look beyond their own data, and wished for experienced input on their procurement strategy. The CLX Logistics Solution CLX Logistics implemented CLX LaneLogix to increase supply chain visibility and enable faster, more optimized bidding, benchmarking, and procurement solutions.

Optimal Sourcing 60

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 60

SYSPRO Smarter ERP

NOVEMBER 13, 2023

One of the big challenges facing manufacturers is inadequate reporting and analysis capabilities. ERP software integrates various business processes, such as accounting, manufacturing, inventory, procurement and sales into a single database. What do BI and ERP do?

ERP 64

ERP Manufacturing Procurement Inventory Reduction Optimal Sourcing 64

Freightos

JANUARY 30, 2024

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) climbed 21% to $6,152/FEU. America weekly prices increased 2% to $1.98/kg.

Optimal Sourcing 118

Optimal Sourcing Negotiating Skills Demo Optimization Software 118

3PL Links

APRIL 29, 2024

It will be essential to prepare for and welcome them, particularly in the context of the difficult supply chain and procurement environments. Fulfilling sustainability demands : procurement specialists can lessen the supply chain’s environmental impact with the use of technology. However, technology alone is not sufficient.

Supply Chain Software 48

Supply Chain Software Supply Chains Optimal Sourcing Trends 48

Freightos

NOVEMBER 15, 2023

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $2,421/FEU. Europe – N. America weekly prices climbed 1% to $1.84/kg.

Price Reduction 118

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 118

SYSPRO Smarter ERP

JULY 3, 2023

ML systems can identify patterns from the large amounts of structured and unstructured business and industry data that companies increasingly collect, and provide analysis and insights to users to help their decision-making. Product development When designing a new product or improving an existing one, extensive data analysis is required.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Data Optimization Software 98

Freightos

JANUARY 16, 2024

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) climbed 7% to $4,278/FEU. America weekly prices increased 2% to $1.84/kg.

Negotiating Skills 115

Negotiating Skills Optimal Sourcing Demo Data 115

SYSPRO Smarter ERP

JULY 9, 2024

Human resource efficiency: Optimizing and automating routine financial tasks, such as accounts payable and receivable, and general ledger accounting, frees up staff time for activities like financial analysis. The post The benefits of ERP for financial management appeared first on SYSPRO Blog.

ERP 52

ERP Manufacturing Procurement Inventory Reduction Optimal Sourcing 52

Freightos

NOVEMBER 28, 2023

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Asia – N. America weekly prices increased 5% to $2.10/kg.

Negotiating Skills 102

Negotiating Skills Price Reduction Vendor Strategies Resource Reduction 102

FreightWaves SONAR

APRIL 5, 2021

Among enterprise companies, one critical aspect of successful negotiation and capacity procurement is a better predictive outlook of both spot and contract truckload rates. Tracking market trends within truckload rates relies heavily on data and analysis. The key to avoiding this kind of situation is predictive planning and analysis.

Negotiating Skills 94

Negotiating Skills Data Sourcing Strategies Optimal Sourcing 94

SYSPRO Smarter ERP

JULY 25, 2024

E-invoices enable access and analysis of line-level data that can drive better financial and procurement decisions. The post E-invoicing for manufacturers appeared first on SYSPRO Blog. With encrypted file transfer and digital signatures, e-invoicing is a more secure way of sending and receiving invoices.

Manufacturing Procurement 52

Manufacturing Procurement ERP Cost Reduction Material Savings 52

SYSPRO Smarter ERP

DECEMBER 11, 2023

Procurement processes can be streamlined to minimize the risk of overstocking in the warehouse when orders for items and parts are placed. It allows analysis of how expected sales and purchase orders will affect inventory levels. With demand management, procurement can ensure the maintenance of sufficient inventory levels.

Sourcing Strategies 52

Sourcing Strategies ERP Manufacturing Procurement Supply Chain Planning Software 52

FreightWaves SONAR

SEPTEMBER 18, 2024

This streamlining reduces the time spent on data gathering and analysis, freeing up resources for other critical tasks. We’re excited to integrate SONAR into Chaine’s AI-powered freight matching and carrier procurement platform,” said Annalise Sandhu, co-founder and CEO of Chaine.

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Optimization Software Sourcing Strategies 52

FreightWaves SONAR

SEPTEMBER 18, 2024

This streamlining reduces the time spent on data gathering and analysis, freeing up resources for other critical tasks. We’re excited to integrate SONAR into Chaine’s AI-powered freight matching and carrier procurement platform,” said Annalise Sandhu, co-founder and CEO of Chaine.

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Optimization Software Sourcing Strategies 52

Freightos

NOVEMBER 7, 2023

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) climbed 7% to $2,357/FEU. America weekly prices increased 2% to $1.82/kg.

Negotiating Skills 133

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 133

Freightos

DECEMBER 13, 2023

Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Asia – N. Europe – N. America weekly prices climbed 1% to $2.16/kg.

Negotiating Skills 114

Negotiating Skills Optimal Sourcing Price Reduction Vendor Strategies 114

FreightWaves SONAR

JULY 2, 2024

These benchmarking tools include the MyTRAC rate in SONAR Market Dashboard, access to the TRAC Benchmarking App for granular analysis, and insights from SONAR’s market experts and customer success team in lane-level analysis. At the lane level, users can quickly identify their rate-per-mile (RPM) delta and make adjustments as needed.

Optimal Sourcing 64

Optimal Sourcing Procurement Solutions Procurement Analytics Analysis 64

Freightos

FEBRUARY 28, 2024

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) fell 1% to $6,709/FEU. Europe – N. America weekly prices fell 1% to $2.02/kg.

Negotiating Skills 71

Negotiating Skills Optimal Sourcing Demo Maritime 71

247 Customs Broker

MARCH 31, 2020

… The post Editor's Blog: You never let a serious crisis go to waste, especially in the supply chain – Logistics Manager Magazine appeared first on 24/7 Customs Broker News.

Waste Reduction 36

Waste Reduction Waste Blog Supply Chains 36

Freightos

FEBRUARY 7, 2024

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) increased 4% to $6,373/FEU. America weekly prices increased 4% to $2.06/kg.

Negotiating Skills 71

Negotiating Skills Optimal Sourcing Demo Data 71

SYSPRO Smarter ERP

MARCH 27, 2023

Greater cross-functional decision-making should be implemented with finance, procurement , and supply chain working together. Improve the traceability of different tiers of suppliers’ products down to the lowest level of detail to allow the analysis of supplier compliance, KPIs and risks.

Manufacturing Procurement 104

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 104

Freightos

DECEMBER 6, 2023

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) were also level at $2,367/FEU. Europe – N. America weekly prices rose 2% to $2.14/kg.

Negotiating Skills 117

Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 117

GlobalTranz

APRIL 6, 2015

Editor’s Note: This blog post is from SupplyChainOpz. The biggest implication of this new imposition on procurement process is that now procurement managers have to deliver suppliers that are cost conscious and timely in their operations but at the same time can adapt to the changing demands of end customers.

Optimal Sourcing 118

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 118

Freightos

FEBRUARY 22, 2024

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $6,764/FEU. America weekly prices increased 1% to $2.05/kg.

Price Reduction 71

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 71

FreightWaves SONAR

AUGUST 1, 2024

Develop data-driven forecasts: Use historical data, market analysis and sales input to create accurate demand forecasts. Implementing Sales and Operations for Shippers: A Step-by-Step Guide Establish cross-functional teams: Create a cross-functional team with representatives from sales, operations, finance and transportation.

Optimal Sourcing 59

Optimal Sourcing Inventory Reduction Cost Reduction Resource Reduction 59

Freightos

FEBRUARY 13, 2024

Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $6,589/FEU. Europe – N. America weekly prices fell 1% to $2.03/kg.

Optimal Sourcing 77

Optimal Sourcing Negotiating Skills Demo Data 77

Infosys Supply Chain Management

DECEMBER 30, 2013

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. View all Infosys blogs. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Watch out for my next blog on how we can achieve this.

Blog 30

Blog Optimal Sourcing Manufacturing Procurement Supply Chain Software 30

CLX Logistics

DECEMBER 1, 2022

Benchmarking from CLX Logistics helped a client with 19 million in freight spend save over 18% of costs after the cost-saving potential of a mode switch was revealed through benchmarking data analysis. CLX Logistics’ procurement team will find the most efficient custom-fit solution for your freight. Tip 3: Regiment Shipping Lead Time.

Tips 52

Tips Logistics Network Optimization Software Optimal Sourcing Manufacturing Procurement 52

GlobalTranz

AUGUST 18, 2021

That includes analysis of current operations, costs by mode, performance and benchmarking of existing partnerships. Focus on Carrier Procurement and Management. That includes helping shippers manage the final mile procurement process and even offering in-house services that are available within the 3PL.

Logistics Network Optimization Software 123

Logistics Network Optimization Software Optimal Sourcing Optimization Software Modeling Software 123