This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Since 2011 carriers, 3PLs, shippers, and logistics technology vendors have looked to CarrierDirect to deliver the efficiency, strategy, go-to-market plans, and technology that will elevate their business above their competition. can be created to serve as a sandbox for scenario analysis. CarrierDirect clients include Werner, J.B.
From a financial standpoint, transportation cost analysis remains focused on determining the value of the resources used to execute a given shipment and goes well beyond benchmarking. Without clear budgeting and cost-prediction measures, the transportation network will be unable to accurately plan for increases and decreases in expenses.
Carriers in the trucking industry and also shippers today are actively looking for ways to combat the rising costs of operating their businesses, but they often do not fully understand proper benchmarking, transportation cost analysis, and profit management are intertwined. Maintenance repair was the next most expensive line item expense.
So we thought we would impart upon all the shippers out there some tips on how to reduce overall costs for effective LTL Procurement. BONUS : Download the Guide To LTL Freight Mangement WhitePaper. 10 LTL Procurement Cost Cutting Tips. Due diligence is a shipper's most important step in successful bid analysis.
An optimized supply chain is one that is as efficient as possible; it is more likely to reduce costs, increase customer satisfaction rates, and add value for stakeholders. Download the WhitePaper: Transportation Optimization: Its Strategic Role in Transportation Management. Defining Transportation Optimization. Learn More.
Fortunately, smart data utilization can help reduce deadheading occurrences and make the entire supply chain more profitable. Finding quality loads for moves on trips that would have otherwise remained empty is the best way to reduce deadheading. This will help in reducing rampant deadheading. Download the WhitePaper.
With surges in fuel costs and new fees, taxes and expenses levied on every load, budgeting needs only continue to increase. Download the WhitePaper. Cost reductionstrategies in supply chain management remain focused on getting loads from point A to point B as fast and as affordable as possible.
A great deal of the cost that goes into shipping gets tied up in securing load capacity and budgeting for fees and expenses incurred along the way. Understanding why rate forecasting is so vital and how accurate data and analysis can help improve predictions are essential. Download the WhitePaper.
By using strong management and analysis processes, supply chains can maximize value and stay competitive. Streamline data capture and analysis. Freight intelligence tools help management develop a more unified freight strategy. Data for the sake of data is meaningless without proper, automated analysis and data capture.
This remains key to the overall success of investments within supply chain analysis. And pre-emptive strategies that help isolate and address real-time problems will inevitably rely on real-time freight data and easy-to-access systems. Download the WhitePaper. Don’t overlook the customer.
In other words, a lack of insight into market-by-market and lane-by-lane analysis will amount to trouble in understanding what is going wrong and what is necessary to improve service levels. Download the WhitePaper. Alignment of rates with market stability grades reduces the risk of rejection and delays.
Capacity will shrink; profits will fall; expenses will rise; disruptions will increase; and opportunities will be missed. Download the WhitePaper. Streamline data collection and analysis. Improve, on average, profits while also reducing overall costs. Improve lines of communication in and out of the network.
The fees and expenses incurred still must be paid for somewhere along the chain. Download the WhitePaper. The best and only successful way to overcome flawed data analysis is to use effective technology. Making the most of freight management and data analysis services will represent a key focus in the years ahead.
Full truckload shipping is generally less expensive than other over the road transportation modes. Full Truckload WhitePaper Series. Access our complete Full Truckload Shipping WhitePaper Series. Although LTL rates have remained more expensive than full truckload freight, full truckload rates are on the rise.
It is the best way to reduce costs, and gain a strong competitive advantage in the dynamic marketspace! Getting a top class ERP platform can help your company automate complex and repetitive actions, thereby saving critical time and cutting down on manual labor. GET YOUR FREE WHITEPAPER. DOWNLOAD WHITEPAPER.
Resource savings and better usage of available assets Improved focus and better platforms help reduce overall costs. Download the WhitePaper. Predictive rate analysis and implementation across the supply chain Utilizing real-time data and automated analysis provides valuable information to the network.
WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download WhitePaper. This analysis can reveal problems and give each supplier’s a score indicative of their reliability. So, choosing a cheap option for your supply chain can be more expensive than you think.
Hey, I just reviewed this whitepaper and its pretty interesting.Drewry has always been a subtle shill for the ocean transport industry (and there is nothing wrong with that.the industry needs the support)and they remain bullish on China. A whitepaper from the London-based firm, Will China's Apparel Supply Chains Become Uncompetitive?,
According to John Schulz of Logistics Management , “ experts’ advice for shippers to try and mitigate those rates is to drive efficiency for carriers by reducing waiting times at terminals, offering ‘driver friendly’ freight and trying to save minutes off drivers’ ever-valuable on-duty time during their runs. ” Download the WhitePaper.
Access to data and proper analysis are both essential to maximize profits and reduce costs. Download the WhitePaper. Combined with advances in automation and machine learning, it is easy to see how mundane tasks and jobs can be eliminated. trillion in 2010 to more than $6.7 trillion in 2018.
In fact, we will release next week our first e-book of 2016 (of a monthly series of e-books) which will highlight several areas for shippers to focus on in order to create an effective transportation and logistics management strategy. . WHITEPAPER] The Complete Guide to Freight & Transportation Accounting.
We have also now published an e-book , put out several whitepapers , and held several webinars. Marketing in Logistics: 4 Elements of the Market Research Phase in a Sound Digital Marketing Strategy. What are The Elements of a SWOT Analysis? By clicking on the respective links, you can access this information as well. .
WhitePapers. |. hmm.gadgets, graphs, analysis etc. heard its expensive, very expensive, we dont even go near to it! Strategy, an engineering framework, failure mode analysis maybe.phew! Islamic Banking. Mobile Banking. Payments Treasury. Wealth Management. View all Infosys blogs. Offerings. |.
WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper. It also reduces the number of steps that your employee needs to take to find the product, going through all the ones stacked at the top; reducing wastage of time and futile efforts. Optimize Now.
Predictive data analytics can be deployed to improve annual truckload RFP processes, understand how transportation analytics flow seamlessly into the next stage of data analysis and derive more value. Download the WhitePaper. If a single load results in an added expense of $30 due to a weather delay, it may not seem like much.
The demand planning team itself must include members who feel comfortable with statistics and data analysis, and can collaborate and negotiate with other business functions to drive to a consensus plan. Inventory is one of the most visible supply chain expenses and is a line on the Balance Sheet under current assets.
WhitePapers. |. However, in order to reduce the ever increasing cost of ERP operations, companies have started considering cloud as an option to run their ERPs. ? Cloud eliminates the need for such capital expenditure. Islamic Banking. Mobile Banking. Payments Treasury. Wealth Management. View all Infosys blogs.
Routing optimization and analysis of shipping capacity are shaping up as good niches for predictive analytics, says Vernon. Hyperloops could one day send pods filled with cargo zipping through a tube at 700 miles per hour, using magnetics to reduce friction. Related WhitePapers. Download Now! Download Now! .
The book (with supporting writer Edgar Blaco ), for example, quotes an executive at one company saying that “If it reduces costs we will do it; otherwise we will not” with regard to sustainability initiatives.
Which is a nice segue to a simple framework Sheffi uses to describe three types of sustainability strategies.
An off-cited analysis from McKinsey in late 2017, for example, found automation could destroy as many as 73 million US jobs by 2030, about one third of all jobs in the country. The tendency, in general, to limit expenses and cost cutting on upgrades for technology and for talent have been hindering progress for the businesses.
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content