Logistics Business Magazine

FEBRUARY 8, 2018

Agility is the first freight forwarder to collaborate on a Maersk-IBM solution to provide more efficient and secure methods for conducting global trade by using blockchain technology to manage and track container shipments. Documentation and administration are estimated to be one-fifth of the $1.8

Cost Reduction 28

Cost Reduction Logistics Network Optimization Software Supply Chain Software Document 28

GlobalTranz

APRIL 23, 2015

Editor’s Note: This post is a continuation of an ongoing collaborative blog series with Spendrix, a company who was made for procurement teams of all sizes and we currently serve customers in Manufacturing, Oil & Gas, Construction, Logistics, and the Food & Beverage industries.

Manufacturing Procurement 97

Manufacturing Procurement Cost Reduction Supply Chain Software Optimal Sourcing 97

CLX Logistics

MARCH 4, 2024

How to Elevate Your Logistics Operations with AI & ML Technology Global supply chain organizations are embracing digitization to propel their supply chain planning to new heights. Knowledge pulls in specific rate structures and data points to determine how to save costs. Data informs transportation capacity and rates.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 52

Logistics Bureau

AUGUST 7, 2023

But for many enterprises, such integration is easier said than done, and much money is wasted in handling returns , many of which are left to moulder in warehouse corners or sold at ridiculously low markdowns. So how to minimise the impact of returns on your inventory levels and costs?

Inventory Reduction 91

Inventory Reduction eCommerce Inventory Procurement Solutions 91

GlobalTranz

OCTOBER 27, 2015

Today we continue our series on successfully working with a logistics company, often called a third party logistics company by focusing on how to properly understand the success of the engagement by knowing all the key performance indicators that a shipper could put in place. It must be a “win-win” collaboration.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Supply Chain Planning Software Logistics Resource Reduction 90

Logistics Bureau

JULY 18, 2022

As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy. Step 2: Gap Analysis – Customer Requirements and Supply Chain Trends. Collaborative planning, forecasting, and replenishment (CPFR). Lean supply chain practices.

Inventory Reduction 107

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 107

Turvo

AUGUST 24, 2021

Increase Use of Collaborative Logistics Technology and Platforms. Also, supply chain leaders should start working to bring their other partners, such as suppliers, vendors, and third-party logistics service providers (3PLs), into the foray of collaborative logistics through integrated systems and access to shared, contextual data.

Optimization Software 98

Optimization Software Supply Chain Software Logistics Network Optimization Software Supply Chains 98

GlobalTranz

JULY 22, 2015

Your team must have the resources (people, time, money) to access the information, review it, and then compare it to past audits in order to make a determination as to how to proceed with the next steps or which carriers to choose next time you have a shipment. How easily are you able to access this information when you need it?

Negotiating Skills 94

Negotiating Skills Freight Resource Reduction Cost Reduction 94

Blue Grace Logistics

AUGUST 3, 2021

What This Blog Is About: How to build a mutually beneficial relationship based on trust & credibility with your suppliers. Establishing a collaborative relationship, rather than one in which the buyer takes a dominant role, will help to strengthen positioning in the market. 5 Tips To Improve Supplier Management.

Maintainability 115

Maintainability Price Reduction Purchasing Skills Resource Reduction 115

Blue Grace Logistics

DECEMBER 14, 2017

Mark Ford, COO Transportation started with his analysis of the truckload and carrier marketplace. Using data collected during 2017 we were able to help breakdown what our customers want most from us and how to provide it to them. Breakout Sessions| Day 1. Keynote Speaker| Day 2.

Conference 48

Conference Negotiating Skills Logistics Network Optimization Software Presentation 48

Logistics Business Magazine

JUNE 14, 2019

In our view, the benefits of being among the first to join these collaborative efforts far outweigh any advantages of a cautious approach. Start with a limited data pool only and then increase collaboration via APIs—for example when you’re fully convinced by the services the platform offers.

Sourcing Strategies 28

Sourcing Strategies Collaboration Optimization Software Logistics Network Optimization Software 28

Turvo

JULY 27, 2021

Datasets from the ERP may fail to account for differences in how data is organized. And yet another system may be responsible for digital document management. . The entire scope focus in the modern supply chain needs to be continually shifting along all channels and lines to maximize collaborative logistics management. .

Supply Chain Software 90

Supply Chain Software Supply Chains Logistics Network Optimization Software Tracking and Tracing 90

GlobalTranz

JANUARY 21, 2015

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Take a proactive approach to collaborate with your Suppliers. Reverse marketing starts first with Value Analysis. What is Value Analysis?

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

Blue Grace Logistics

SEPTEMBER 21, 2021

Unexpected Events: Since COVID-19 shook the world, the whole industry experiences how unforeseeable pandemics can impact global trade and transport. How to Overcome a Capacity Crunch. Additional services such as invoice auditing or digital issuance of shipping documentation optimize internal back-office operations as well. .

Material Savings 62

Material Savings Capacity Optimal Sourcing Inventory Reduction 62

Blog on Log

SEPTEMBER 18, 2006

This is a fact, not because of accountants, but because companies simply do not understand how to fiscally account for their supply chain! hence, this makes analysis of the data and comparisons possible. Collaboration is important when managing the complex, global supply chain. Or so they say.

Purchasing Skills 40

Purchasing Skills Cost Reduction Supply Chain Planning Software Procurement Analytics 40