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. SEE ALSO: How to Address Chronic Poor Supplier Performance. Quantity Ordered versus Quantity Received.

Procurement Analytics 108

Procurement Analytics Procurement Solutions Purchasing Skills Inbound 108

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

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

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 108

Material Savings Vendor Strategies Inventory Reduction Supply Chain Software 108

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

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 185

Supply Chain Planning Software Supply Chain Design Software Optimization Software Resource Reduction 185

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 118

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 118

Ship Monk

OCTOBER 8, 2024

With peak season and its accompanying shipping surcharges just around the corner, you may be wondering how to gain more control over your shipping costs and get the most out of your shipping budget. Ask your 3PL or logistics partner if they offer transportation management services to lower costs on inbound freight shipments.

Negotiating Skills 68

Negotiating Skills Cost Reduction Inventory Reduction Negotiate Pricing 68

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

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 58

Trucking Video Inbound Analysis 58

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

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 90

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 90

Turvo

JULY 27, 2021

End-to-end visibility in the supply chain means everything—including raw materials, manufacturing, inbound logistics, forward logistics, reverse logistics, recycling, customer service, and everything else. How to Increase Visibility Throughout the Network.

Supply Chain Software 90

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

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 Business Magazine

MARCH 1, 2022

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. The post How TMS has evolved and what it can do for you appeared first on Logistics Business® Magazine. Real-time Tracking.

Optimization Software 54

Optimization Software Logistics Network Optimization Software Supply Chain Software Resource Reduction 54

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

Blue Grace Logistics

SEPTEMBER 21, 2021

Unexpected Events: Since COVID-19 shook the world, the whole industry experiences how unforeseeable pandemics can impact global trade and transport. How to Overcome a Capacity Crunch. Flexible routing, inbound shipping, and procurement through last-mile delivery are just some advantages a 3PL can provide.

Material Savings 62

Material Savings Capacity Optimal Sourcing Inventory Reduction 62

GlobalTranz

OCTOBER 24, 2016

Patrick gives us some insight into workplace efficiency and how to reduce waste. . To fully understand how to implement lean manufacturing, you’ll need to understand how to add value to your end product. To do this, consider adopting a Root Cause Analysis Plan. It also allows for in-depth defect analysis. .

Waste Reduction 99

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction 99

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

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 104

Supply Chain Planning Software Supply Chain Software eCommerce Optimal Sourcing 104

Ship Monk

OCTOBER 11, 2024

Fortunately, digital technology has evolved to mitigate most of these risks, from inbound freight to return authorizations. Single Source of Truth — When inventory is coming and going from all directions, order and inventory data is synced to a central platform for easy monitoring and analysis.

Inventory Reduction 58

Inventory Reduction Optimization Software Inventory Supply Chain Software 58

FLS Transport

MAY 12, 2022

These new systems deliver incredible amounts of data and can be very granular in their fuel efficiency and consumption analysis. . Learn how to save on fuel costs with this emerging tech. HUNGER RELIEF | How does the food supply chain help those in need when disaster hits? Interested in improving fuel economy for your fleet?

Negotiating Skills 52

Negotiating Skills Supply Chain Planning Software Freight Supply Chain Software 52

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

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?

Supply Chain Planning Software 60

Supply Chain Planning Software Freight Cost Reduction Price Reduction 60

GlobalTranz

FEBRUARY 4, 2019

With more devices and sensors connected to the Internet of Things, the analysis of data will help shippers decide how to approach each shipment, regardless of its origination, destination, and route. 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

Ottawa Logistics

MARCH 24, 2022

In order to minimize your costs for fulfillment and distribution, you must take into consideration how to move many small orders promptly as well as sparsely placed large orders. Your inbound and outbound freight costs should be consistently monitored because of the volatile climate that is surrounding freight supplies in all industries.

Distribution 62

Distribution Inventory Reduction Material Savings Cost Reduction 62

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

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

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

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

Logistics Business Magazine

DECEMBER 16, 2021

Reliance on real-time data and analysis. Data collection and analysis, to understand what happens to products and encourage recycling. While you may have made huge strides in reporting on environmental metrics, you may still lack a solid plan on how to achieve your goal of reducing your carbon footprint.

Waste Reduction 59

Waste Reduction Vendor Strategies Cost Reduction Resource Reduction 59

Logistics Bureau

NOVEMBER 13, 2024

One critical aspect of equipment selection is that the designer has an expert understanding of the equipment and technology available, and knows how to apply them. The two common approaches to assessment are: Quantitative analysis: Return on investment, payback, cost per order to supply, cost per order cubic metre to name just a few.

Supply Chain Design Software 82

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Optimization Software 82

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

GlobalTranz

MAY 25, 2018

The connection of systems nets scalability and actionable insights from the analysis of Big Data through the IoT. The Reward: How to Make the Most of Smart Warehouses While improving operational efficiency, smart warehouses also have wide-ranging benefits for the entire supply chain.

Inventory Reduction 50

Inventory Reduction Supply Chain Planning Software Inventory Supply Chain Software 50

IoT World Today

JANUARY 15, 2019

One of the successful examples of preventive analysis systems developed for the fleet is Predixion Insight fr om Intel. After collecting such data, the on-vehicle gateway can either analyze it at the edge for immediate alerts or pass it to the cloud for longer-term analysis. Streamline Delivery Management.

Optimization Software 72

Optimization Software Logistics Network Optimization Software Price Reduction Expense Reduction 72

Ship Monk

MARCH 2, 2023

So let’s talk floor-loaded and palletized shipping, their pros and cons, and how to choose between the two! When you are determining if floor-loaded shipping is right for your ecommerce business, we’d advise a cost analysis that compares time and labor costs against savings from not having to purchase pallets.

Material Savings 52

Material Savings eCommerce Cost Reduction Inventory Reduction 52

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