TransAudit

MAY 27, 2025

Contractual Ambiguities : Contracts lacking clear definitions or caps on accessorial fees can result in unexpected costs. Strategies for Mitigation Implement Automated Audit Systems : Utilizing software solutions that flag discrepancies in accessorial charges can help catch overcharges before they impact the bottom line.

Expense Reduction 52

Expense Reduction Cost Reduction Material Savings Negotiating Skills 52

Logistics Bureau

OCTOBER 12, 2024

Is there any definitive boundaries for procurement not to step across? Let’s be reminded that there are lot of other things such as corporate strategy and a market dynamics that can impact your procurement performance. If you think so, you are probably too conservative. As always, feel free to comment if something’s not clear!

Cost Reduction 52

Cost Reduction Procurement Analytics Optimal Sourcing Procurement 52

Logistics Bureau

NOVEMBER 3, 2024

The definition above is not from any textbook, but is simply one that I’m sure you’ll agree, describes a state of affairs that any corporate leader or business owner would be happy to arrive at. Supply Chain Strategy In 2014, a survey by Tompkins Consortium delivered a shocking revelation.

Supply Chain Design Software 74

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 74

Locus

JULY 28, 2022

This historical data comes in handy for devising your dispatching strategies for the upcoming rides. The Locus dispatch management platform is an integrated solution that helps you perform all delivery management functions, from order management to post-delivery analysis. Allocating tasks to the right person. Try a demo with Locus!

Optimization Software 52

Optimization Software Modeling Software Definition Logistics Network Optimization Software 52

SYSPRO Smarter ERP

JANUARY 23, 2023

ESG reporting and analysis Data is one of the most important requirements of an ESG program. It is only with the analysis of data that situations can be visualized and changes made. This analysis can help the company develop goals and measurable targets for improving ESG performance.

ERP 111

ERP Waste Reduction Optimal Sourcing Supply Chain Planning Software 111

20Cube Logistics

NOVEMBER 13, 2019

Predictive analysis, today is part of all major business operations and processes to help forecast trends, events and to find solutions for complexities. According to Forbes, predictive analysis is mandatory in logistics as it relies heavily on accuracy and timeliness to achieve success. The supply chain market is set to grow from 4.56

Supply Chain Software 40

Supply Chain Software Analysis Supply Chains Inventory Reduction 40

GlobalTranz

SEPTEMBER 8, 2017

In its definition, a real or true digital supply chain management goes beyond the conventional hybrid system and makes use of connectivity, system integration and the information-producing capabilities of its key components. Define your strategy and be open from the outset. Proper research and analysis.

Supply Chain Software 114

Supply Chain Software Supply Chains Digital Waste Reduction 114

Turvo

JULY 30, 2021

There has been a definitive increase in the number of shippers working to harness these new TMS functions and capabilities. It Analyzes Data Across the Full Network to Enable Financial Planning and Strategy. As a result, faster fulfillment and greater transparency are achieved thanks to better data analysis.

Supply Chain Planning Software 98

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Transportation 98

Logistics Viewpoints

APRIL 11, 2023

The post-COVID-19 (if we can claim to be post COVID) “new normal” will continue to be defined by new challenges and more importantly by the ability of the supply chain executives to manage disruption and their ability to power organization strategy and growth.

Supply Chain Planning Software 111

Supply Chain Planning Software Scenario Planning Supply Chain Design Software Modeling Software 111

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. Coupa meets this definition. In its ideal form, these planning processes should help leaders align strategy, financial considerations, and supply chain strategy.

Supply Chain Design Software 111

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

SYSPRO Smarter ERP

NOVEMBER 8, 2021

According to McKinsey , the value of goods traded globally has tripled to more than US$10 trillion since 2000, and because of recent events, they are having to re-evaluate supply chain strategies. Unfortunately, the state of disruption to the current landscape has never been contemplated and very few strategies exist to navigate it.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 116

GlobalTranz

APRIL 22, 2015

Editor’s Note: Almost 14 months ago we wrote one of our most popular posts entitled, “ The History of Supply Chain and Logistics Management ” contained a bit of history, definitions, and a great infographic visually going through the history of supply chain and logistics management. What is a Logistics Framework?

Global logistics 134

Global logistics Material Savings Cost Reduction Supply Chain Planning Software 134

GlobalTranz

DECEMBER 31, 2015

Marketing in Logistics: 4 Elements of the Market Research Phase in a Sound Digital Marketing Strategy. The Definitive Guide to Transportation Terminology to Stay on the Same Logistics Page. What are The Elements of a SWOT Analysis? History & Academic Definition of Supply Chain and Logistics Management. What is 5S?

Article 89

Article Supply Chain Software Supply Chains Logistics Network Optimization Software 89

GlobalTranz

SEPTEMBER 15, 2015

Through the use of fully-integrated TMS systems and analysis of data through KPIs and reports, shippers are taking hold of technology and applying it to the supply chain. Ironically, these 10 elements are the definition of and instructions for gaining “Best in Class” shipper status. Let us know in the comments section below!

Supply Chain Planning Software 124

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Expense Reduction 124

Ship Monk

MAY 20, 2021

If you really want to play it smart, market research is one step you definitely don’t want to skip out on. Competitive Analysis. A competitive analysis is a great way to learn from the greats while also spotting potential structural weaknesses within your own business. #5. Marketing Strategy. These two work in tandem. #4.

How To 96

How To Price Reduction Course Analysis 96

GlobalTranz

SEPTEMBER 28, 2016

You can read the detailed technical definition here. 3) Reduce Supply Base Risk by the Effective Application of Focused Systemic Improvements and Risk Factor Analysis. .

Supply Chain Planning Software 118

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 118

Logistics in War

NOVEMBER 13, 2017

Moreover, the factors and issues described here deal with the complexity of generating institutional strategy (as distinct from a military or operational strategy) and leadership within a complex environment. Realised strategy is usually a combination of what was intended and what was learned along the way. Strategic failure.

Negotiating Skills 77

Negotiating Skills Sourcing Strategies Resource Reduction Military 77

Logistics Viewpoints

DECEMBER 1, 2022

Let’s take a look at what happened with the major themes, as well as the research and analysis we conducted in 2022 to help determine what those themes will look like in 2023. Theme 2: Online buying will fuel home delivery growth, challenges and new strategies. Theme 1: Global supply chains will be busy, congested and chaotic.

Cost Reduction 119

Cost Reduction Resource Reduction Supply Chain Planning Software Logistics Network Optimization Software 119

GlobalTranz

JANUARY 19, 2016

As explained by John Schultz , many modern shippers are moving towards the outsourcing of big data analysis and increasing collaboration between different logistics providers to enhance payment management. Yet, a true analysis cannot possibly fathom how increases and advancements in technology will improve the truck driver shortage.

Trends 84

Trends Transportation Logistics Network Optimization Software Sourcing Strategies 84

Logistics Bureau

DECEMBER 23, 2024

The logistics industry has changed over the last decade, with outsourcing emerging as a cornerstone of a modern supply chain strategy. This methodical strategy allows both parties to establish operational rhythms, fine-tune communication channels, and identify potential challenges without putting your entire supply chain at risk.

Outsourcing 75

Outsourcing Supply Chains Cost Reduction Price Reduction 75

MTS Logistics

MARCH 25, 2024

” He then added, “Right now, it’s definitely not the preferred option.” Shippers may efficiently navigate the crucial negotiation period and get favorable terms and costs for shipping products over the seas by grasping the essential components of ocean freight contracts and utilizing strategic negotiation strategies.

Negotiating Skills 105

Negotiating Skills Freight Price Reduction Expense Reduction 105

Logistics Bureau

MAY 24, 2021

It’s a good one to consider, and perhaps an appropriate stimulus for companies to review inventory performance and revise their strategies. If anything, the unprecedented disruptiveness of the COVID crisis has highlighted the flaws in traditional methods of inventory calculation, which are based mainly on historical demand analysis.

Inventory Reduction 98

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 98

Logistics Viewpoints

JUNE 29, 2021

I like the simplicity and clarity of Informatica’s definition of data quality: Data quality refers to the overall utility of a dataset(s) as a function of its ability to be easily processed and analyzed for other uses. So, what is quality data? What makes good data go bad? And what can you do to stop it before it’s too late?

Data 111

Data Supply Chain Design Software Supply Chain Planning Software Digital 111

Logistics Business Magazine

AUGUST 18, 2022

The company thus implements its 2023 SSI Strategy Roadmap, which defines sustainability as one of six focus topics. Based on a comprehensive analysis of its business environment, which also involved the main stakeholders of the group of companies, SSI Schaefer has defined four action areas in accordance with its corporate strategy: 1.

Material Savings 73

Material Savings Resource Reduction Groups Strategy 73

Logistics Viewpoints

FEBRUARY 28, 2022

Alex Pradhan, Product Strategy Leader John Galt Solutions, told me that “all planning vendors have bold marketing around AI.” Let’s start with a definition: any device that can perceive its environment and takes actions that maximize its chance of success at some goal is engaged in some form of artificial intelligence (AI).

Supply Chain Planning Software 142

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 142

Ship Monk

JUNE 16, 2021

While operating at 110% capacity may not always be feasible, making the most of the eCommerce slow season definitely is. Revamp Your Marketing Strategy. Run a Competitive Analysis. If you’ve been itching to pick up the pace, you’ve stumbled upon the right blog post. Marketing is an ever-changing and ever-growing field.

eCommerce 91

eCommerce Inventory Reduction How To After-sales 91

Talking Logistics

APRIL 27, 2017

The primary objectives of the initiative are: To provide prospective and existing USERS of transportation management systems with ongoing insights, analysis, and advice about the vendor landscape and the latest developments in the market, with an emphasis on new product innovations and “Profiles in Excellence” case studies.

Supply Chain Planning Software 84

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Vendor Strategies 84

Logistics Bureau

JANUARY 7, 2020

The definition above is not from any textbook, but is one that I am sure you will agree, describes a state of affairs that any corporate leader or business owner would be happy to attain. . Supply Chain Strategy. A properly designed supply chain strategy is an enabler for achieving commercial goals and consequently, corporate success.

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 111

Ship Monk

JULY 7, 2022

This article will define minimum order quantity, show you some examples, and help you decide if it’s the right strategy for the type of items you sell online. Minimum Order Quantity Definition. Minimum Order Quantity vs. Pricing Strategy. You’ll have to do the calculations, but we can get you started. How Sellers Calculate MOQ.

Purchasing Skills 98

Purchasing Skills eCommerce Ordering Negotiating Skills 98

GlobalTranz

FEBRUARY 2, 2016

Each of these definitions applies to a manufacturer’s ability to produce a surplus of a product. Imagine if the typical definitions of productive were applied to manufacturing. Preliminary analysis of smartphone sales in the US indicate more than 120 million smartphones will be purchased, sold, or traded in 2016.

Manufacturing Procurement 89

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 89

Logistics in War

NOVEMBER 28, 2022

Supply chains are ‘strangling strategy’, with the movement of commodities so significant an issue that logistics is securitising. [1] Of all the ‘pillars’ of the national support strategy, the most consequential was the issue of mobilisation. 1] Beaumont, D., 2] Beaumont, D., 3] Marles, R.,

Military 110

Military Sourcing Strategies Resource Reduction Operations 110

Logistics Viewpoints

APRIL 15, 2021

In my Logistics Viewpoints article in January 2021, “ The New Definition of Supply Chain Agility and Resilience in an Unpredictable World ”, I highlighted that modern supply chains must be built on a foundation of extreme agility and responsiveness. The Key to Long-Term Success: Build Agility, Resilience and Profitability Together.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 116

3PL Links

DECEMBER 2, 2022

We will address the following topics in this article: Inbound logistics definition and significance. Strategies for efficient inbound logistics that you can use in your business. Allows for performance analysis. Inbound Logistics Strategies. Examples of Inbound Logistics Strategies. Duties of inbound logistics.

Inbound 62

Inbound Sourcing Strategies Material Savings Inventory Reduction 62

Logistics Bureau

OCTOBER 2, 2016

The definition above is not from any textbook, but is simply one that I’m sure you’ll agree, describes a state of affairs that any corporate leader or business owner would be happy to arrive at. Supply Chain Strategy. So if you want to be sure of business success, review your supply chain strategy.

Supply Chain Design Software 99

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 99

GlobalTranz

JUNE 10, 2016

Use Automated Data Capture and Analysis to Catch Errors Before Shipping. Automated data capture and analysis systems can catch errors before and as they occur. However, air shipping may not be the definitive solution. Since many small packages may be shipped to various areas, it seems easy to pay for shipping of each item.

Price Reduction 79

Price Reduction Packaging Cost Reduction Negotiating Skills 79

EazyStock

OCTOBER 20, 2020

Firstly, let’s get a few definitions: What is inventory control? ABC analysis is a good inventory control technique to segment your warehouse stock based on the value it brings to the company. ABC analysis, will help with this. Fine-tune your stock replenishment strategies. Know your star products! Supplier lead times.

Inventory Reduction 98

Inventory Reduction Optimization Software Inventory Optimization Modeling 98

10xLogistics

APRIL 3, 2024

You hear a lot in business how strategy is as much about what you will not do as what you will do yet companies can't seem to turn anything off. If you assume that is true then where is the analysis of what the dollar or minute could be doing? Now, let's apply this to business. Why is this so important? The answer is simple.

Cost Reduction 71

Cost Reduction Resource Reduction Military Analysis 71