GlobalTranz

NOVEMBER 12, 2015

Today we will go into detail on using the available data created in the processing of shipments within transportation management and other related logistics management for continuous improvement. . 6 Benefits of Using the Right Data in Logistics & Transportation Management for Continuous Improvement. Order Processing Capabilities.

Data 91

Data Vendor Strategies Logistics Network Optimization Software Expense Reduction 91

Logistics Viewpoints

NOVEMBER 1, 2024

They are designed for high-reach applications, capable of horizontal and vertical movement of payloads, and used for end-to-end applications, from inbound, replenish, and outbound tasks to all tasks in between. The data is accessible to state U.S. If found in violation, Temu could face fines of up to 6% of its global turnover.

Supply Chain Design Software 162

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 162

FreightWaves SONAR

DECEMBER 15, 2020

A freight spend analysis can help cut those extra costs. Performing a freight spend analysis reveals extra costs deriving from unforeseen issues. Let’s look at a few best practices and steps to conduct a comprehensive, insightful cost analysis. Know the scope and value of a freight spend analysis.

Analysis 59

Analysis Procurement Analytics Optimization Software Optimal Sourcing 59

Logistics Viewpoints

SEPTEMBER 4, 2023

The moves span inbound, intracompany, and outbound shipping. An RFP is a data intensive exercise. This made the data analysis easier. On the inbound side, it was highly reliant on spreadsheet data. This made the data analysis “painful.” The transportation team supports 13 production facilities.

Procurement Solutions 142

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 142

GlobalTranz

JULY 28, 2021

True optimization applies data to ensure all decisions and processes are carried out to their fullest potential. Leveraging data for continuous improvement makes transportation optimization more synonymous with managed transportation. Transportation optimization can occur at a network level and an execution level.

Optimal Sourcing 126

Optimal Sourcing Optimization Software Optimization Supply Chain Design Software 126

GlobalTranz

JUNE 29, 2017

Editor's Note: Today's blog comes from Katie Cruze at considerdigital.com who give us the top 5 reasons why data quality is important. Data, for most companies, is often collected for record-keeping purposes. For many companies, managing the quality data can seem like an overwhelming task.

Data 77

Data Waste Reduction Sourcing Strategies Expense Reduction 77

Talking Logistics

MAY 14, 2019

Ensuring receipt of Certificate of Analysis (CoA) and other regulatory compliance documentation has made digitization a requirement for customer service, audit management, and compliance. Combined with the shipment criteria, complete supply chain visibility is achieved for both inbound and outbound material movements and product quality.

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 134

FreightWaves SONAR

NOVEMBER 16, 2020

This week, learn how freight market participants, especially those freight parties who are executing refrigerated shipping moves, rely on SONAR indices that show reefer freight data and activity. What are the available refrigerated shipping indices in SONAR? The index is expressed as a percentage of loads rejected to total loads tendered.

Refrigeration 105

Refrigeration Capacity Outbound Inbound 105

The Logistics of Logistics

APRIL 26, 2022

Michelle Sodomka, a Senior Director in charge of Open Sky Group ’s transportation management practice has 15 years’ experience in risk analysis and mitigation within the logistics industry. Transportation management systems are used by shippers and carriers to more efficiently manage inbound and outbound shipments.

Logistics Network Optimization Software 221

Logistics Network Optimization Software Trucking Freight Supply Chain Planning Software 221

GlobalTranz

MAY 1, 2018

Data-driven analytics enables you to make cost-effective transportation decisions. However for most shippers, parcel spend is poorly understood because shipping data is often locked up in point solution silos, such as carrier-provided systems and websites, in a variety of different formats. DOWNLOAD WHITEPAPER. NEW WHITEPAPER.

Procurement Analytics 61

Procurement Analytics Optimal Sourcing Data Sourcing Strategies 61

GlobalTranz

MARCH 7, 2016

Through the use of connected devices and greater abilities to capture data in real time, the concept of end-to-end visibility and improvement thru the use of supply chain analytics has changed. However, the Internet of Things and big data supply chain analytics are allowing manufacturers to monitor performance in near real-time.

Procurement Analytics 61

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chains 61

Logistics Viewpoints

DECEMBER 12, 2023

A WES autonomously gathers real-time signals from across the warehouse, then applies artificial intelligence (AI), machine learning (ML), and data science to create plans and solve problems. Today’s warehouse environment is too complex and fast-moving to manage effectively via human cognition, as well as manual planning and analysis.

Supply Chain Planning Software 188

Supply Chain Planning Software Supply Chain Design Software Optimization Software Resource Reduction 188

Logistics Viewpoints

AUGUST 9, 2022

By integrating order data, load information across modes, yard shipments and the like, internal departments can turn to a single source of the truth and more accurately manage various aspects of the lifecycle. Inbound/procurement teams could view SKUs at facilities with low days of supply, and drill into orders in the yard with low SKUs.

Inventory Reduction 148

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 148

FreightWaves SONAR

NOVEMBER 17, 2020

More freight brokers are turning to technology and transportation data to grow their businesses by understanding the true freight market rate. . It’s not solely about knowing basic rates – it’s about using freight data to make the best decisions for all loads – playing both the buy-side and sell-side aspects of freight brokering.

Data 52

Data Sourcing Strategies Transportation Freight 52

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. According to Inbound Logistics , “In today’s data-rich world, the logistics industry as a whole is surprisingly behind the times.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Data Negotiating Skills Supply Chain Planning Software 52

GlobalTranz

APRIL 6, 2015

Data coming from different sensors located at different suppliers from their production and transportation operations, carry a lot of information regarding the quality of production process and timeliness of delivery. At the same time, this data may indicate possible issues in the procurement process, regarding product quality and delivery.

Optimal Sourcing 118

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

GlobalTranz

MARCH 13, 2015

There are plenty of different shipping companies out there, and using a transportation management system to manage all inbound and outbound shipping needs will put those shippers who use one at an extreme competitive advantage. Have Easy to Analyze Actionable Insight Gleaned from the Data Created in the Transportation Management System.

Logistics Network Optimization Software 95

Logistics Network Optimization Software Transportation Cost Reduction Price Reduction 95

Logistics Bureau

NOVEMBER 9, 2020

Focus on the following points when looking for ways to trim cycle times: Vendor Management: By focusing on inbound goods flows, a company can achieve savings of 10 percent or more on the amount of working capital required. How to Reduce Cycle Times.

Material Savings 116

Material Savings Vendor Strategies Inventory Reduction Supply Chain Software 116

FreightWaves SONAR

FEBRUARY 4, 2021

As the world of transportation continues to evolve, shippers and logistics service providers (LSPs) are effectively utilizing certain methods along with modern data platforms to meet the demands of today’s supply chains. Leverage freight data analytics to simplify logistics management. Request a SONAR Demo.

Optimization Software 98

Optimization Software Negotiate Pricing Negotiating Skills Optimization Modeling 98

Logistics Bureau

MAY 24, 2021

As a rough rule of thumb, your safety stock levels should take into account the difference between average and maximum daily sales of a product, and between the average and maximum lead times for inbound delivery of that product. The formula looks like this: Maximum lead time x maximum daily sales – average lead time x average daily sales.

Inventory Reduction 118

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 118

Logistics Bureau

JULY 11, 2022

These KPIs should all be applicable to your supply chain operation, subject to some tweaking to reflect the precise characteristics of your inbound logistics and purchasing functions. This measurement will require data from the purchase orders placed by your buyers, and that from your receiving operation. ASN Accuracy.

Procurement Analytics 89

Procurement Analytics Procurement Solutions Purchasing Skills Inbound 89

GlobalTranz

AUGUST 31, 2015

A Cloud-based supply chain management solution has several advantages over the traditional model of manual inventory analysis combined with local area purchasing. Cloud solutions leverage the power of managed automation and data analysis to form an intelligent system of resupply processes. Redundancy.

Supply Chain Design Software 103

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 103

Freightos

JULY 26, 2018

Amazon is at the nexus of ecommerce, data, and logistics, with a drive to constantly improve their logistics network. That’s 258 operational facilities in the US and another 486 distributed around the world (see map below, data from MWPVL ). And the career data below spells out a strong ocean slant. Team Analysis.

Logistics Network Optimization Software 73

Logistics Network Optimization Software Data Supply Chain Planning Software Manufacturing Procurement 73

Logistics Bureau

NOVEMBER 14, 2018

Too much leads to resources being monopolised on gathering tons of data and a subsequent risk of “paralysis by analysis” Cost to Serve (CTS) is an approach that helps you avoid both extremes. If profits start to decline afterwards, your CTS data can offer valuable information about what changed and how to get back on track.

Purchasing Skills 99

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 99

GlobalTranz

JULY 14, 2015

Take a look at how the IoT supply chain is changing the landscape in terms of equipment functionality, shipping processes, invoicing and payments, and analysis of trends. Automated Data Transfers. Analysis of Trends and Recommendations. In some cases, human intervention and input will be completely eliminated.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

Turvo

JULY 27, 2021

These metrics are closely followed by training data scientists (21%), returns management (21%), and data interchange technology (17.7%). Modern technology, innovation, and data-sharing make management and forecasting for changes within the network more accessible. For example, the WMS may not share data with the LMS or the TMS.

Supply Chain Software 90

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

GlobalTranz

SEPTEMBER 8, 2015

Data Capture. Shipping freight inherently comes with a large amount data. Each data entry is an opportunity for data capture and analysis. Additionally, ensuring a superior data capture capability allows clients to become more confident in tracking and visibility in shipping. Freight Spend Management.

Cost Reduction 93

Cost Reduction Expense Reduction Supply Chain Planning Software Optimization Software 93

FreightWaves SONAR

MARCH 15, 2021

Advancements in tender data science and paid market data now power SONAR SCI (Supply Chain Intelligence) Lane Acuity Plus. In the screenshot above, you can see that the outbound and inbound stability show scores of 29 out of 100 and 21 out of 100, respectively. WHAT IS LANE ACUITY PLUS?

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

FreightWaves SONAR

AUGUST 13, 2024

Whether you are looking to gain more customers, increase your company revenue size or add more trailers to your fleet, SONAR has information and data to help you with these decisions. OTVI was indexed at 10,000 on January 1, 2018, so when looking at this data set, the trend of the line is more important than the actual value.

Outbound 59

Outbound Inbound Optimization Software Data 59

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 48

Supply Chain Planning Software Logistics Network Optimization Software Inventory Reduction Trends 48

GoShip Blog

JUNE 8, 2021

As businesses become more complex and expand into the global platform, you can only imagine the number of operators, workers, services, goods, and data that go in and out of logistics hubs. To efficiently handle the supply chain, most logistics operators will use software or AI to analyze data and optimize logistics operations.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Supply Chain Planning Software Optimal Sourcing Optimization Software 98

GlobalTranz

OCTOBER 16, 2015

P re-bid supply chain and customer analysis helps LTL shippers define strategic bid objectives, such as reducing costs or number of carriers, delivering goods to market more quickly, and addressing freight challenges within certain geographic areas. Gather quality shipment data reflecting all LTL movements for the past 12 months.

Negotiating Skills 90

Negotiating Skills Price Reduction Optimal Sourcing Cost Reduction 90

GlobalTranz

OCTOBER 5, 2015

This advancement is based on the potential to integrate relevant data at any point in the value chain, define inter-dependencies from the data almost instantaneously, and utilize advanced analytics to develop highly targeted solutions. 11 Improvements by the Deployment of the Internet of Things in the Supply Chain.

Optimal Sourcing 111

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 111

Logistics Viewpoints

APRIL 15, 2021

By leveraging the analysis of historic events and probabilistic outcomes, new technologies can pull the right levers to correct supply chain performance, with much less or no human intervention. From an inbound operations perspective, visibility continues to be a common thread in facilitating this convergence.

Supply Chain Planning Software 164

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 164

GlobalTranz

SEPTEMBER 3, 2015

A thorough analysis of Design for Manufacture and Assembly (DFMA) is just one tactic you can use to find success within the constructs of the chain. The analysis means getting into the nitty gritty and paying attention to every detail, no matter how small you may think it is. Assembly Analysis. Manufacturing Analysis.

Cost Reduction 101

Cost Reduction Supply Chain Design Software Supply Chain Design Material Savings 101

FreightWaves SONAR

AUGUST 13, 2024

Whether you are looking to gain more customers, increase your company revenue size or add more trailers to your fleet, SONAR has information and data to help you with these decisions. OTVI was indexed at 10,000 on January 1, 2018, so when looking at this data set, the trend of the line is more important than the actual value.

Outbound 52

Outbound Inbound Optimization Software Data 52

Penske Move Ahead

MAY 3, 2021

cities seeing the most inbound one-way truck rentals looks different than years past. Penske compiles the list annually using analysis of one-way consumer truck rental reservations made via the company's website, calls to its 1-800-GO-PENSKE call center and through one-way reservations made at Penske's over 2,500 truck rental locations.

Trucking 72

Trucking Inbound Video Analysis 72