Logistics Viewpoints

JANUARY 29, 2025

I have recently completed the latest ARC Advisory Market Analysis on Global Trade Compliance, available here. Businesses will need to ensure accurate data reporting across core operations such as sourcing, procurement, and transactions. AI tools become more valuable when users can comprehend how the AI model arrived at its decisions.

Compliance 111

Compliance Supply Chain Planning Software Study Supply Chain Software 111

Transporeon

JANUARY 25, 2018

The challenge For many years, Amway had used a generic sourcing tool that only facilitated communications with the company’s carriers rather than providing access to a supplier database and a collaborative environment to conduct sourcing events. The company began searching for a better way to procure freight and manage bids.

Negotiating Skills 48

Negotiating Skills Manufacturing Procurement Cost Reduction Supply Chain Planning Software 48

Freightos

DECEMBER 3, 2024

Home Shipsta by Freightos Introduces Rate Refresh: The Future of Agile Procurement in 2025 Blog Luxembourg, December 3, 2024 – Shipsta by Freightos (Nasdaq: CRGO) continues to drive freight procurements evolution with the rollout of Rate Refresh, a key addition to its procurement platform. Why Rate Refresh?

Optimal Sourcing 62

Optimal Sourcing Procurement Logistics Network Optimization Software Price Reduction 62

Freightos

DECEMBER 3, 2024

Blog More Resources Home Shipsta by Freightos Introduces Rate Refresh: The Future of Agile Procurement in 2025 Visit Shipsta by Freightos Luxembourg, December 3, 2024 – Shipsta by Freightos (Nasdaq: CRGO) continues to drive freight procurements evolution with the rollout of Rate Refresh, a key addition to its procurement platform.

Optimal Sourcing 62

Optimal Sourcing Procurement Logistics Network Optimization Software Price Reduction 62

FreightWaves SONAR

DECEMBER 15, 2020

A freight spend analysis can help cut those extra costs. Performing a freight spend analysis reveals extra costs deriving from unforeseen issues. Let’s look at a few best practices and steps to conduct a comprehensive, insightful cost analysis. Know the scope and value of a freight spend analysis.

Analysis 59

Analysis Procurement Analytics Optimization Software Optimal Sourcing 59

CLX Logistics

FEBRUARY 22, 2024

Procurement management stands at the crossroads of technological innovation and strategic decision-making. As organizations strive to enhance operational efficiency, mitigate risks, and capitalize on emerging opportunities, the role of Artificial Intelligence (AI) and Machine Learning (ML) in procurement has become increasingly prominent.

Optimal Sourcing 52

Optimal Sourcing Procurement Supply Chain Software Negotiating Skills 52

CLX Logistics

NOVEMBER 21, 2023

When looking ahead to the future, it’s crucial to reflect on the past year, identify emerging trends, and strengthen strategies for benchmarking and procurement. It’s not just a tool but a strategic partner in improving procurement and benchmarking. Are you choosing carriers that offer the most competitive rates?

Optimal Sourcing 66

Optimal Sourcing Manufacturing Procurement Procurement Cost Reduction 66

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. I saw how their platform unified finance and procurement activities, but not supply chain. I saw this claim as being more a statement of intention than of fact.

Supply Chain Design Software 109

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 109

Logistics Viewpoints

JULY 23, 2024

Collaborate across departments: Engage stakeholders from different departments within the organization – not just supply chain management including logistics and procurement but sales, marketing, and finance. Assess the quality, granularity, timeliness, and relevance of each data source to determine its suitability for AI-driven analysis.

Optimal Sourcing 122

Optimal Sourcing Supply Chain Software Supply Chains Data 122

Trinity Logistics

OCTOBER 31, 2021

While a TMS might seem daunting and expensive, it’s become an essential tool for businesses to be successful. Transportation management affects every part of your logistics process, from planning to procurement and more. A TMS has multiple options and breakdowns to give you the best analysis of your data. Looking to learn?more?about

Optimization Software 126

Optimization Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 126

CLX Logistics

SEPTEMBER 10, 2020

One of the most efficient ways to optimize a chemical supply chain logistics strategy from top to bottom is through proper planning, analysis, and smart decision-making in the procurement, bidding, and benchmarking process. Procurement and Bid Management. Advanced Freight Procurement Solutions. Planning and Preparation.

Optimal Sourcing 40

Optimal Sourcing Manufacturing Procurement Procurement Sourcing Strategies 40

Logistics Bureau

APRIL 4, 2022

Here is an overview of the most valuable benefits: More informed freight spending: Because freight benchmarking involves the analysis of carriers and the rates paid by companies using them, it gives you an evolving picture of clarity about your freight spending. Alternatively, you can procure access to a digital freight benchmarking platform.

Negotiating Skills 96

Negotiating Skills Logistics Network Optimization Software Purchasing Skills Supply Chain Planning Software 96

Ship Monk

APRIL 5, 2024

The fact is, most business owners think of procurement as nothing more than a transactional relationship. SRM is more than a one-and-done analysis. Steps to Implementing SRM If you deal with a lot of vendors, investing in SRM software will help you more easily manage the data and make it available to stakeholders for analysis.

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

Material Handling and Logistics

AUGUST 10, 2018

But I often see companies that have more cutting tools, for example, than they need. If a specification changes or new tools come online, this excess inventory may end up in the trash. If you’ve tried to trim costs by buying cheaper cutting tools, but their low quality means you’ll use more of them, are you really saving money?

Negotiate Pricing 90

Negotiate Pricing Negotiating Skills Purchasing Skills Procurement Solutions 90

Trinity Logistics

DECEMBER 1, 2020

Imagine if you had a dedicated team that worked to give you in-depth pricing analysis and guidance when submitting long-term pricing.Trinity’s Pricing and Procurement Team does all of this. In today’s freight business you must have cutting edge tools that give you instant access to in-house and external carrier networks.

Price Reduction 106

Price Reduction Logistics Network Optimization Software Procurement Analysis 106

CLX Logistics

NOVEMBER 21, 2023

When looking ahead to the future, it’s crucial to reflect on the past year, identify emerging trends, and strengthen strategies for benchmarking and procurement. It’s not just a tool but a strategic partner in improving procurement and benchmarking. Are you choosing carriers that offer the most competitive rates?

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Cost Reduction 52

SYSPRO Smarter ERP

NOVEMBER 30, 2021

It provides the facility to analyze forecasting errors, share data between departments such as procurement, identify sales trends and seasonality. Other related tools such as Pareto analysis identify which products are most profitable and hence those you should focus your attention on. Stay Agile, Get Ahead.

Supply Chain Planning Software 105

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

Logistics Business Magazine

OCTOBER 24, 2024

All the sites we instal have this data waiting to be used and we have the software tools capable of analysing this data, to inform our decisions on the most appropriate, proportionate actions to take. Equipment that is well maintained so as to stay within its designed operational envelope is inherently safer.

Materials Handling 53

Materials Handling Material Savings Waste Reduction Cost Reduction 53

AIMMS

SEPTEMBER 17, 2019

Some tools may be acquired by competitors, who then incorporate them in a vastly more expensive package. If you make modifications to the tool, you’re on your own. We wanted to have a robust analysis that we fully understood. But the speed of analysis did not match the speed of decision-making required by the business.

Supply Chain Design Software 102

Supply Chain Design Software Modeling Software Supply Chain Software Supply Chain Design 102

Transporeon

NOVEMBER 12, 2017

Procurement meets benchmark The company set out to find a partner with expertise in web-based transportation and logistics. While there are many e-procurement platforms available, Ticontract is a specialized transportation procurement platform built for the needs of the logistics industry.

Manufacturing Procurement 48

Manufacturing Procurement Negotiating Skills Procurement Freight 48

FreightWaves SONAR

MARCH 18, 2021

Managing the manufacturing supply chain and freight markets of today requires skills, tools, applications and services that have never been utilized in the past. Knowing when it’s time to revisit bids and renegotiate contracts is critical for procurement and intervention management.

Manufacturing Procurement 91

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 91

Turvo

JULY 15, 2021

Staying focused on securing loads, carrier capacity, and embracing modern platforms and innovative tools can help shippers keep ahead of the competition. . Outdated Systems and Platforms Can Affect Trucking Capacity Procurement. In the modern supply chain, data reigns as king, and automation has become essential.

Supply Chain Software 97

Supply Chain Software Capacity Trucking Logistics Network Optimization Software 97

SYSPRO Smarter ERP

NOVEMBER 13, 2023

One of the big challenges facing manufacturers is inadequate reporting and analysis capabilities. ERP software integrates various business processes, such as accounting, manufacturing, inventory, procurement and sales into a single database. Why companies invest in BI As a business grows, so does the amount of data.

ERP 64

ERP Manufacturing Procurement Inventory Reduction Optimal Sourcing 64

GlobalTranz

SEPTEMBER 23, 2021

A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. With driver shortages still impacting the industry and continual fluctuations with supply and demand balances, it is more important than ever for OTR managers to get on board with remote tools and digital services.

Optimal Sourcing 123

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Negotiating Skills 123

CLX Logistics

MAY 15, 2024

They also recognized the need to look beyond their own data, and wished for experienced input on their procurement strategy. The CLX Logistics Solution CLX Logistics implemented CLX LaneLogix to increase supply chain visibility and enable faster, more optimized bidding, benchmarking, and procurement solutions.

Optimal Sourcing 60

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 60

GlobalTranz

OCTOBER 6, 2021

With driver shortages still impacting the industry and continual volatility within supply and demand balances, it is more important than ever for OTR managers to get on board with remote tools and digital services, including advanced shipper TMS platforms and managed services to reduce workload. . Enabling Data-Driven Decision-Making .

Optimal Sourcing 86

Optimal Sourcing Optimization Software Modeling Software Supply Chain Software 86

Stord

JANUARY 26, 2021

To keep up with the resulting complexity to the supply chain, brands have been relying on third-party logistics partners and manually piecing together long contracts, RFPs and limited software capabilities with their own third-party integrators and multiple software tools.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Modeling Software Logistics Network Optimization Software 78

Logistics Viewpoints

NOVEMBER 6, 2023

Analysis of what is reported may suggest that a supplier has not been totally forthcoming in what they have reported on the platform. Schneider Electric and EcoVadis Christophe Quiquempoix, VP of Sustainable Procurement at Schneider Electric shared his insights during a panel discussion at EcoVadis Sustain Conference 2023.

Supply Chain Planning Software 94

Supply Chain Planning Software Resource Reduction Procurement Analytics Material Savings 94

CLX Logistics

DECEMBER 1, 2022

Finding the right logistics partner and tools to help simplify the brokerage process is essential to success in chemical logistics, so be sure that chemical freight brokerage is a priority when establishing your transportation management operations. Do: Take Advantage of Flexibility and Supply Chain Visibility.

Supply Chain Planning Software 79

Supply Chain Planning Software Optimization Software Optimal Sourcing Logistics Network Optimization Software 79

CH Robinson Logistics

JUNE 9, 2022

In fact, today you can procure freight rates from your transportation providers right in your TMS. There are many reasons to supplement your spot freight procurement with automated processes sooner rather than later. Access real-time rates earlier in your procurement process—making it easier to cover loads and secure quality service.

Supply Chain Planning Software 99

Supply Chain Planning Software Supply Chain Software Optimization Software Logistics Network Optimization Software 99

FreightWaves SONAR

FEBRUARY 11, 2021

And it has opened new channels for capacity procurement. Utilization of truckload shipping tools and processes to optimize freight movements. Throughout the years to come, accurate data analysis will remain essential for effective truckload shipping. Having the right tools and analytics platforms make it all possible.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 98

IoT World Today

SEPTEMBER 27, 2021

If we look into Nestlé’s progress last year, we made really solid progress on our structural savings program across all areas of manufacturing, procurement and administration, with massive opportunities for automating and AI,” said Pinart. The latter target is with a view of achieving Nestle’s goal of net zero carbon emissions by 2050. “If

Supply Chain Software 72

Supply Chain Software Modeling Software Manufacturing Procurement Optimal Sourcing 72

20Cube Logistics

JANUARY 22, 2022

Data analysis renders greatest of help in taking key decisions which are based on facts and trends. Businesses must have a few solid key performance indicators (KPIs) that act as their short and long term objective and utilize data analysis to align themselves to those goals. The fundamentals of data analysis lie in data.

Optimal Sourcing 75

Optimal Sourcing Supply Chain Planning Software Analysis Supply Chain Software 75

SYSPRO Smarter ERP

JANUARY 19, 2022

It will be all about strategic supplies, strategic procurement, supply agreements and keeping buffer stocks in country so that all the requirements are met to keep business going while long-term plans are formulated and implemented. A comprehensive range of tools has been built into the SYSPRO ERP solution to help you do just that.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 105

TransAudit

JUNE 27, 2023

It advances digitization efforts, facilitates data cleaning, and streamlines supply chain planning, procurement, and execution. An absence of good data can lead to significant issues, indicating the importance of a robust approach to data collection and analysis. It thrives on reliable, high-quality, and timely information.

Optimal Sourcing 68

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 68

Logistics Viewpoints

SEPTEMBER 19, 2023

Using technology to de-risk supply chains From a technology perspective, supply chain design tools have been developed from the ground up to handle uncertainty and risks, generate scenarios that identify risks proactively, and provide solutions to mitigate these risks. Nari Viswanathan is currently Sr.

Supply Chain Design Software 117

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 117

Logistics Viewpoints

FEBRUARY 20, 2024

Supply chain network design (SCND) is a powerful tool for improving business operations. The requirement to constantly switch sourcing has major implications: procurement is negatively impacted by volatile volumes and manufacturing is affected by changing regional permits for labeling. But it has gaps.

Supply Chain Design Software 122

Supply Chain Design Software Sourcing Strategies Supply Chain Design Inventory Reduction 122