FreightWaves SONAR

NOVEMBER 16, 2020

In this article, you learn what are the various reefer freight data indices available in SONAR, who in the freight market relies on these indices, what the indices tell freight market participants, and real-world scenario analysis of using SONAR refrigerated shipping indices to better understand the freight market.

Refrigeration 105

Refrigeration Capacity Outbound Inbound 105

GlobalTranz

NOVEMBER 29, 2016

Editor's Note: Today's blog is the second part of Chuck Intrieri's series on how procurement and suppliers can avoid issues with their contracts. In part two, Chuck focuses on how to draft your terms and conditions. How to Begin Your Terms. Writing your terms of use can be a monumental task for anyone.

Procurement Analytics 84

Procurement Analytics Manufacturing Procurement Procurement Document 84

GlobalTranz

NOVEMBER 17, 2016

Supply chain leaders are enthralled with the idea of using big data, but they tend to fail to understand how to disseminate big data in their organization properly. True, they may know how to roll out big data in a single warehouse, or they may have heard their competitors used branded systems for implementing this new technology.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Software Procurement Solutions Supply Chain Design 115

Logistics Bureau

NOVEMBER 9, 2020

How to Reduce Cycle Times. 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.

Material Savings 98

Material Savings Vendor Strategies Inventory Reduction Supply Chain Software 98

Blue Grace Logistics

JUNE 29, 2021

Logistics Programs For Produce Season Read more about what challenges the 2021 produce season creates for shippers and how an inbound logistics program can help. Further, by using trusted blockchains and advanced data analysis, one can identify demand requirements. Download Our Whitepaper. Batch Size and JIT.

Warehousing 62

Warehousing Supply Chain Planning Software Capacity Supply Chain Software 62

GlobalTranz

SEPTEMBER 8, 2015

This is the first post in a four-part series on how to achieve best in class shipper status. Each data entry is an opportunity for data capture and analysis. To have the best value per mile in transportation and shipping, a given shipper must have a working knowledge of how shipping processes operate. Processes.

Cost Reduction 93

Cost Reduction Expense Reduction Supply Chain Planning Software Optimization Software 93

GlobalTranz

JULY 14, 2015

The Internet of Things (IoT) seems to be popping up in more conversations throughout the entire supply chain , and more businesses have turned towards IoT experts for guidance on how to take advantage of its benefits. The Internet radically changed how the world communicates. Analysis of Trends and Recommendations.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

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

Logistics Bureau

MAY 8, 2023

You know, the person who receives the retail store’s inbound deliveries, the office administrator, or the guys and girls in the reception. By neglecting or underestimating the need for meaningful analysis, they typically fail to attain anything like the value they might receive with effective carrier management.

Negotiating Skills 52

Negotiating Skills Cost Reduction Resource Reduction Price Reduction 52

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 93

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

Logistics Bureau

MAY 24, 2021

Turnover Days and How to Calculate Them. 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.

Inventory Reduction 98

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 98

GlobalTranz

OCTOBER 16, 2015

So we thought we would impart upon all the shippers out there some tips on how to reduce overall costs for effective LTL Procurement. Due diligence is a shipper's most important step in successful bid analysis. We've negotiated rates with all the major carriers and maintained them. LTL procurement is something we do very well.

Negotiating Skills 90

Negotiating Skills Price Reduction Optimal Sourcing Cost Reduction 90

GlobalTranz

JANUARY 20, 2015

How much should you invest? How to gain adoption? Do some research, develop a business plan with some projections & an ROI analysis (multi-year), research solutions, resource appropriately and give it some time … Then market it differently than the rest of your business. How do I communicate my value in this new market?

Manufacturing Procurement 105

Manufacturing Procurement Price Reduction Inventory Reduction Resource Reduction 105

Parade

MAY 15, 2019

BEFORE AFTER Let’s review each step in the process and discuss how to create a digital counterpart to increase speed, accuracy, and efficiency of each step. The rep will receive inbound booking opportunities that are already vetted by a digital system. Those carriers then decide whether they want to quote or book those opportunities.

Negotiating Skills 60

Negotiating Skills Freight How To After-sales 60

GlobalTranz

JULY 29, 2015

Because all of the activity happens in this transportation management platform, several reports and custom analysis can be created. In short, outsourcing transportation empowers a shipper to get a clear picture of how to improve transportation strategies without having to struggle to get the information yourself.

Outsourcing 98

Outsourcing Transportation Manufacturing Procurement Logistics Network Optimization Software 98

Logistics Viewpoints

DECEMBER 12, 2023

Businesses would like to make the most of their investments in warehouse automation, but they’re not sure how to do that. Today’s warehouse environment is too complex and fast-moving to manage effectively via human cognition, as well as manual planning and analysis. billion in 2022 to $3.12 What Exactly Does a WES Do?

Supply Chain Planning Software 137

Supply Chain Planning Software Supply Chain Design Software Optimization Software Resource Reduction 137

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

GlobalTranz

NOVEMBER 19, 2015

Today we continue our long series and look at teaching shippers how to remain strategic when it comes to logistics and their transportation management program. This is where metrics becomes necessary for the analysis and monitoring of data. However, metrics is the information given to the company by data analysis.

Data 77

Data Sourcing Strategies Optimal Sourcing Transportation 77

GlobalTranz

JULY 31, 2015

With this information in-tow, shippers need to start planning for how to deal with the projected increase. Take a look at some of the specifics of the Freight Forecast and how shippers may adapt to the coming increases. Vitals of the Freight Forecast. Shippers Prepare….

Freight 124

Freight Procurement Analytics Purchasing Skills Cost Reduction 124

GlobalTranz

SEPTEMBER 23, 2015

Thanks to data gathering programs, supply chain software , and data entry applications, this represents a mountain of data, which has the potential to provide ground-breaking insight into how to improve business-model efficiency. This includes risk analysis, detailed reports of how a supply chain functions, and even lead generation.

Supply Chain Design Software 108

Supply Chain Design Software Supply Chain Software Supply Chain Design Procurement Analytics 108

GlobalTranz

SEPTEMBER 28, 2016

3) Reduce Supply Base Risk by the Effective Application of Focused Systemic Improvements and Risk Factor Analysis. . How to Track Performance. How to Manage Performance. 50% improvement) min.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 89

ShipLilly

APRIL 19, 2021

Businesses must do a cost-benefit analysis in terms of time and labor cost before taking this option. How to Choose: Floor Loaded vs. Palletizing. The 3PL partners will process all the inbound shipments quickly and there are no additional processing charges. There is also a time consideration because this is an involved process.

Packing 98

Packing Cost Reduction Definition Security 98

Penske Move Ahead

APRIL 27, 2023

Penske Truck Rental announced its Top Moving Destinations list today, unveiling the top 10 cities receiving the most inbound one-way consumer rentals in 2022. Consumers can check out the Penske Truck Rental app to make and edit rental reservations, find loading guides and how-to videos, access Penske’s 24/7 roadside service team and more.

Trucking 65

Trucking Video Inbound Analysis 65

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. INFOGRAPHIC: How to Replicate the Cerasis Freight Auditing Process.

Freight 94

Freight Negotiating Skills Resource Reduction Cost Reduction 94

GlobalTranz

SEPTEMBER 15, 2016

And do the cost-benefit analysis. Larry Alton "How to Know When to Invest in New Small Business Technology" March 06, 2015; [link]. If your systems don't position you for agility and efficiency you need to take another look. Just because it's working, doesn't mean it couldn't be better. BDC blog, https://www.bdc.ca/en/blog/pages/technology_opportunity_not_be_missed.aspx.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Software Supply Chain Technology Supply Chains 91

GlobalTranz

NOVEMBER 9, 2015

We continue our ongoing strategic shipping series by covering how to use technology to provide better logistics visibility. However, the amount of data makes this aspect of data collection and screening impractical for manual analysis. Warehouse managers should thoroughly screen and assess the quality of data.

Supply Chain Software 95

Supply Chain Software Logistics Network Optimization Software Modeling Software Optimization Software 95

Freightos

AUGUST 26, 2015

Inbound Logistics. Perhaps one of the most popular logistics magazines, Inbound Logistics has 30 years of experience, 12 annual print issues and frequent thought leadership pieces from industry leaders. Tech Marketing VP passionate about inbound marketing, growth hacking and new technologies. ILMagazine. American Shipper ($).

Resource Reduction 132

Resource Reduction Logistics Network Optimization Software Supply Chain Software Supply Chain Design Software 132

GlobalTranz

JUNE 12, 2018

Goodwill notes shipment data granularity and analysis are linked with better freight allocation , which means making use of the full spectrum of available shipping options, including full truckloads. The difference derives from the ability of companies to leverage technology and information to drive freight spend down, but how?

Freight 60

Freight Supply Chain Planning Software Cost Reduction Purchasing Skills 60

GlobalTranz

APRIL 30, 2018

How to Make Sure You Are Getting the Best Deal Figuring which mode of shipping to use requires patience and analysis of the costs and savings possible between the two modes. Total landed cost analysis helps shippers understand how the end costs vary between LTL and hundredweight programs.

Negotiating Skills 61

Negotiating Skills Purchasing Skills Cost Reduction Freight 61

GlobalTranz

JANUARY 17, 2018

Manufacturers are looking at labor productivity through new eyes, focusing on how to improve the safety of facilities and reduce the risk and cost of injured employees. Workplace safety is yet another area of concern for employees and manufacturers, reports Manufacturing Talk Radio.

Manufacturing Procurement 58

Manufacturing Procurement Cost Reduction Resource Reduction Trends 58

Morai Logistics

FEBRUARY 15, 2018

This article identifies how leveraging these technologies can yield lucrative results for supply chain and logistics companies. It will also cover how to create competitive differentiation. How Does a TMS Come Into Play? Accurate and efficient mitigation strategies facilitated by assessment, analysis, counsel and execution.

Supply Chain Software 60

Supply Chain Software Optimization Software Optimal Sourcing Modeling Software 60

Logistics Viewpoints

MAY 17, 2021

But the algorithms used on these ecommerce sites play a big role in how successful a brand will be in achieving sales. Understanding how to satisfy a cyber bot is devilishly tricky. We are using Manhattan to prioritize both inbound and outbound shipments to optimize our inventory to meet those goals.

Supply Chain Planning Software 84

Supply Chain Planning Software Supply Chain Software eCommerce Optimal Sourcing 84

GlobalTranz

FEBRUARY 11, 2015

This allows even smaller companies to leverage the power of high-end servers in order to achieve precise and insightful data analysis. Cloud-based products are cutting down on the time it takes to install and implement a Transportation management System in an effective way. Reasons to Implement a Transportation Management System.

Expense Reduction 94

Expense Reduction Price Reduction Vendor Strategies Transportation 94

GlobalTranz

JANUARY 17, 2017

Of course, reports Predictive Analytics Times , analytics also possess potential to change how companies obtain the raw materials for their products. Essentially, workers will not have to figure out what is wrong, and they can be directed on how to complete their duties without extensive classes or degrees.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

Logistics Bureau

JULY 27, 2016

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. SEE ALSO: How to Address Chronic Poor Supplier Performance. Quantity Ordered versus Quantity Received. Supplier delivery on-time performance = 87.5%.

Procurement Analytics 40

Procurement Analytics Procurement Solutions Purchasing Skills Inbound 40

GlobalTranz

MARCH 30, 2016

As explained by Joseph O’Reilly of Inbound Logistics , value-added services are actually also known as fourth-party logistics providers or 4PLs. In a sense, collaboration gives rise to greater data-capture points, aggregation, analysis, and change within an organization.

Collaboration 54

Collaboration Logistics Network Optimization Software Purchasing Skills Buyer Training 54

GlobalTranz

JANUARY 28, 2015

Yesterday we explained how to calculate dimensional weight covering the parcel examples and the impact on shipping costs , in general. A 3PL, like Cerasis, can help you evaluate the following: Density-derived pricing compared to current class-based model analysis.

Negotiating Skills 97

Negotiating Skills Price Reduction Cost Reduction Waste Reduction 97