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

Logistics Viewpoints

AUGUST 29, 2024

Dynamic Slotting involves the use of software and algorithms to perform velocity and affinity analysis, in a real-time, ever adapting fashion, through the use of artificial intelligence and machine learning. By conducting a velocity analysis, the software can categorize products based on their demand and importance.

Waste Reduction 117

Waste Reduction Optimal Sourcing Sourcing Strategies Resource Reduction 117

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. Outbound transportation. Too little detail won’t give you the information you need to take action. Marketing costs.

Purchasing Skills 93

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 93

Logistics Viewpoints

SEPTEMBER 4, 2023

The moves span inbound, intracompany, and outbound shipping. Any shipment moving from Siloam Springs to Bentonville, Arkansas, for example, would be one lane. On the outbound side, they were using a transportation management system from e2open. This made the data analysis easier. This made the data analysis “painful.”

Procurement Solutions 113

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 113

Parade

JULY 15, 2019

For example, managing unforeseen risks and providing customers with visibility. Market intelligence + analysis: carrier pricing, for example, can change at any moment. For example, meet Andrew Prater, Carrier Sales Manager (CSM) for a $1B brokerage.

Industry 106

Industry Logistics Network Optimization Software Tools Examples 106

Parade

JULY 15, 2019

For example, managing unforeseen risks and providing customers with visibility. Market intelligence + analysis: carrier pricing, for example, can change at any moment. For example, meet Andrew Prater, Carrier Sales Manager (CSM) for a $1B brokerage.

Industry 97

Industry Logistics Network Optimization Software Tools Examples 97

FreightWaves SONAR

MARCH 15, 2021

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. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions. Carriers will be able to see inbound and outbound stability on specific lanes.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

ShipLilly

AUGUST 6, 2020

For example, small businesses are sometimes called upon to compete with large corporations that are supported by a world of experience and seemingly endless resources. Data and process analysis are part of the puzzle. You must pay careful attention to your distribution network, SKU analysis, and SKU management.

Cost Reduction 79

Cost Reduction Optimization Software Analysis Inventory Reduction 79

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. Lane Analysis. Identify factors that impact your freight shipping costs. By Carrier On Time Performance.

Logistics Network Optimization Software 95

Logistics Network Optimization Software Transportation Cost Reduction Price Reduction 95

Automotive Logistics

JANUARY 29, 2018

Such software and planning systems are also highly relevant for a wide range of purposes in outbound automotive logistics systems, including for the execution of transport activities and the creation of transparency in relation to distribution flows, increasing transport load rates and auditing freight invoice and payments.

Outbound 28

Outbound Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 28

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Another methodology is the Porter’s Value Chain Framework, which comprises of inbound logistics, operations, outbound logistics, sales, and service. They are part of the quality management process and require an analysis of the top factors that drive returns to determine where interventions are required in the process. Outbound KPIs.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 105

20Cube Logistics

JANUARY 28, 2020

To understand it, we can take the example of a bar code or magnetic strip of a bank’s ATM card where data is captured by the device and stored in the database. Outbound activities : Before shipping a consignment, it becomes easy to identify errors at the carton level before moving it to pallets. . What’s RFID?

RFID 74

RFID Supply Chain Software Supply Chain Planning Software Optimization Software 74

FreightWaves SONAR

DECEMBER 3, 2020

For example, just-in-time fulfillment models, drop-shipping, and cross-docking avoid wasted space. For example, market conditions show shippers’ rate trajectories. Improved planning through wait time analysis benefits all parties. That includes compliance with the inbound freight routing guide and outbound activities.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Software Modeling Software Logistics Network Optimization Software 76

Logistics Bureau

OCTOBER 20, 2021

“Paralysis by analysis” is a common term used to describe such a situation, and you can avoid it by monitoring a smaller number of carefully chosen KPIs. As an example of how illuminating the perfect order KPI can be, let’s look briefly at damage-free delivery as an example. x 0.96 = 0.8661.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 98

Logistics Bureau

OCTOBER 9, 2023

Quality and Detail of Data and its Analysis In some of our earlier posts, we’ve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It’s not a short list, so we’ll set it down here as a summary to help you with plans for analysis.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Design Distribution Networks 98

Logistics Bureau

JULY 18, 2022

For example, you don’t want to assume that a single logistics strategy and service approach will meet all your customers’ needs. Step 2: Gap Analysis – Customer Requirements and Supply Chain Trends. Now you know what your customers genuinely expect from your outbound and reverse supply chain, so it’s time to undertake a gap analysis.

Inventory Reduction 98

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 98

Logistics Bureau

NOVEMBER 12, 2024

For example, your company’s objective might be to achieve maximum operational productivity, to improve customer service, or perhaps to minimise capital expenditure. It’s important to be familiar with the inbound and outbound history of each SKU, and to know how fast or slowly it turns around in your warehouse.

Modeling Software 72

Modeling Software Supply Chain Design Software Supply Chain Planning Software Optimization Software 72

Logistics Bureau

JANUARY 7, 2020

Walmart may be the most famous example of a company that has succeeded primarily because of a well-developed and aligned supply chain strategy. For example, supplier performance issues can cause problems with inventory, order fill, on-time delivery performance, and customer-order lead times. . Mini Case Study: Walmart.

Supply Chain Design Software 111

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

Logistics Viewpoints

MARCH 28, 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.

Security 21

Security Logistics Network Optimization Software Freight Trucking 21

Talking Logistics

MARCH 19, 2019

If you get an invoice for your DC Outbound account number this week which contains roughly a week’s worth of shipments, you will receive an invoice for this same account next week with roughly a week’s worth of shipments. Just like the old saying, you need to make sure you’re comparing “apples to apples.”

Packaging 109

Packaging Data Trends Outbound 109

FreightWaves SONAR

JUNE 10, 2021

Measuring capacity is a key to maximizing margins/transactions for a broker, utilization for a carrier, and minimizing service and budgetary failures for shippers.The capacity trend indices show you which markets are tightening or loosening by the largest amounts by combining tender rejection rates and market balance of inbound and outbound loads.

Trends 52

Trends Capacity Outbound Inbound 52

Logistics Bureau

JANUARY 18, 2021

Sometimes the volume stays the same but the SKUs increase, as highlighted by the following example. The Beer-on-Tap Example : In the old days, when you went into a pub you would have four or five beers on tap. You have to do some analysis to work out where you are and then choose the materials handling system to suit.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Design Operations Supply Chain Planning Software 98

Logistics Viewpoints

FEBRUARY 8, 2022

For example, they might browse products online, but visit a brick-and-mortar store to finalize their selection. As just one example, Nike’s online sales grew by 75% in 2020 — but its profit margins fell from 45.5% due to the higher costs associated with online selling.

Optimal Sourcing 103

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 103

Logistics Problem Solving

JUNE 2, 2017

This includes both outbound and inbound freight. Many times, the shipper goes to their IT department to get the data they need to run an analysis to find out how compliant they are or to look for strategies to lower their spend. For example, a routing guide compliance problem could present itself as a carrier billing issue.

Logistics Network Optimization Software 75

Logistics Network Optimization Software Resource Reduction Cost Reduction Logistics 75

Parade

JULY 15, 2019

For example, Load matching + business development: CSRs drive value to carriers and shipper customers. Market intelligence + analysis: carrier pricing, for example, can change at any moment. For example, meet Andrew Prater, Carrier Sales Manager (CSM) for a $1B brokerage. Any tools or methodologies that can help CSRs.

Industry 60

Industry Logistics Network Optimization Software Tools Examples 60

FreightWaves SONAR

APRIL 27, 2021

For example, Shipper X (an aggregation of two household-name CPG companies) uses intermodal for ~90% of its dry loads in a number of dense long-haul lanes. The data used in this analysis comes to FreightWaves from a transaction processor. . Shipper X is already using intermodal heavily in outbound Chicago lanes that exceed 600 miles.

Picking 52

Picking Purchasing Skills Sourcing Strategies Outbound 52

Logistics Business Magazine

APRIL 17, 2024

Companies must also consider cost implications, accurate demand forecasting, trend analysis, process automation, and logistics considerations. Accurate demand forecasting and trend analysis enable companies to anticipate customer needs, ensuring products are available when and where they’re wanted.

Supply Chain Software 60

Supply Chain Software Supply Chains Optimal Sourcing Optimization Software 60

Turvo

JUNE 10, 2021

While this is an example, industries across different verticals have to contend with the logistics ecosystem, and the entrenched supply chain inefficiencies. The ever-changing retail landscape looks vastly different than it did a few decades ago, and it will look completely different still in another 20-30 years.

Supply Chain Software 58

Supply Chain Software Supply Chains Inventory Reduction Waste Reduction 58

GlobalTranz

MAY 6, 2015

Reducing inbound and outbound transportation logistics gets us closer to customer demand which results in reduced reliance on forecasting, increased flexibility, and reduced waste of”overproduction”. Supplier Day Conference to look for cost reduction through Value Analysis. Flow in the lean supply chain begins with customer usage.

Supply Chain Planning Software 127

Supply Chain Planning Software Waste Reduction Inventory Reduction Supply Chain Software 127

Stord

APRIL 4, 2022

There are few tools in the industry that can also utilize what-if analysis to plan for segments of the year - such as seasonality, peaks/valleys based on marketing campaigns, or regional opportunity planning. 2020 sales plus 20%). Another area I feel that has a lot of potential is more upstream visibility.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Optimization Software 78

Logistics Business Magazine

MARCH 1, 2022

For example, not all systems are customizable to your work processes. Carrier and Shipping Analysis. With the right TMS system, you can leverage your shipping data to improve your resource efficiency, vendor evaluations, and visibility on inbound and outbound products. What You Need To Know About TMS Solutions.

Optimization Software 53

Optimization Software Logistics Network Optimization Software Supply Chain Software Resource Reduction 53

Logistics Bureau

APRIL 3, 2018

The problem with this is that it’s an expensive design , because outbound distribution utilizes smaller vehicles, and the stem distances tend to be long. For example, One Thai enterprise, a supplier of cement and building materials, had a network design similar to that mentioned in the previous section of this article.

Distribution 45

Distribution Networks Optimal Sourcing Material Savings 45

Logistics Bureau

JULY 27, 2016

Hopefully these examples will prove helpful if you are building a new supplier scoring process, overhauling your existing metrics portfolio, or just looking for some practical supplier performance measurement ideas. Example: Purchase order quantity in current month = 200,000 units, Quantity received = 199,880 units. Delivery On-time.

Procurement Analytics 40

Procurement Analytics Procurement Solutions Purchasing Skills Inbound 40

Transporeon

SEPTEMBER 19, 2017

As a simple example, if you have 100 lanes with 10 offers per lane, that number would be 100 10 , or 100,000,000,000,000,000,000. Added to that, there is a global directive to reduce outbound logistics complexity, and therefore only two suppliers per facility may be awarded export business. On behalf of a U.S.-based

Optimal Sourcing 48

Optimal Sourcing Optimization Software Optimization Vendor Strategies 48

GlobalTranz

MAY 26, 2017

This is due to increased visibility and coordination of all inbound and outbound logistics operations that feed into retailers’ needs. So, third-party companies can provide better benchmarking, analysis and reporting of actions in your company. This will eliminate confusion and ensure customers’ expectations are met.

Cost Reduction 66

Cost Reduction Expense Reduction Material Savings Logistics Network Optimization Software 66

3PL Links

OCTOBER 6, 2022

With the businesses they collaborate with, they become partners and take full ownership of the management, analysis, and execution of the supply system. Outbound transportation. Infrastructure (in storage areas, for example). Despite possible confusion, logistics companies provide more than only services. Value added services.

Logistics Network Optimization Software 62

Logistics Network Optimization Software Supply Chain Planning Software 4PL Modeling Software 62

Logistics Bureau

JANUARY 1, 2025

ABC Analysis: A form of Pareto analysis applied to a group of products to enable selective inventory management controls. However, the classification parameter can be varied; for example, it is possible to use the velocity of turnover rather than annual demand value.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 76