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, at Cerasis, we know a thing or two about the nuances of LTL procurement. LTL procurement is something we do very well. 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.
This is particularly true for truckload shipping procurement. Read on to see how these innovations can help with truckload shipping procurement. Shipping managers continue to struggle with capacity procurement during this time of industry-wide disruption . Truckload shipping procurement needs to include all legs of the trip.
That includes analysis of current operations, costs by mode, performance and benchmarking of existing partnerships. Focus on Carrier Procurement and Management. That includes helping shippers manage the final mile procurement process and even offering in-house services that are available within the 3PL. Learn More.
For instance, managed transportation includes value-added logistics capabilities, including: Logistics consulting and analysis to understand current needs, costs, savings opportunities by mode, benchmarking and implementation or training of new systems. Transportation optimization is part of enabling proactive supply chain management.
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.
Among enterprise companies, one critical aspect of successful negotiation and capacity procurement is a better predictive outlook of both spot and contract truckload rates. Tracking market trends within truckload rates relies heavily on data and analysis. The key to avoiding this kind of situation is predictive planning and analysis.
Download the WhitePaper: Over the Road Freight Management Trends. Access to to real-time data and the ability to perform real-time analysis enables businesses to make data-driven decisions to drive efficiency into the supply chain. Download the WhitePaper: Over-the-Road (OTR) Freight Management Trends.
Download the WhitePaper: Over the Road Freight Management Trends. A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. Access to real-time data and the ability to perform real-time analysis ?enables Download the WhitePaper: Over-the-Road (OTR) Freight Management Trends.
Limited insight into inventory demands resulting in problems procuring raw materials The manufacturing supply chain depends on the availability of raw materials to create and distribute goods and products. Download the WhitePaper.
Download the WhitePaper. The better global retailers and BCOs understand market conditions through smart data analysis, the easier they will secure on-time drayage moves or deliveries. So, giving proper attention to drayage planning, along with proper data acquisition and use, reduce the chances of such delays.
Download the WhitePaper. And it has opened new channels for capacity procurement. Throughout the years to come, accurate data analysis will remain essential for effective truckload shipping. Embracing digital methods for freight matching and capacity acquisition will be essential in the years ahead. .
WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download WhitePaper. The same source also informed that the Chartered Institute of Procurement & Supply (CIPS) Risk Index of 2016 was the highest since records have begun in 1995. GET YOUR COPY HERE.
This remains key to the overall success of investments within supply chain analysis. Now, if that same issue occurs during a heightened period of trouble in procurement in the shipping industry , the total cost of transportation could quickly skyrocket. Download the WhitePaper.
WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper. We expand upon the supply chain technology trends we spoke about in the first part of this blog series, but let’s take a look at 5 more supply chain tech trends that will shape 2018.
When the freight market meets expectations and is less volatile, it is easy for shippers and carriers to not look at inefficient processes or their transportation procurement strategy. Download the WhitePaper. Tips for applying data to balance freight load pressures on the network.
WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper. The connection of systems nets scalability and actionable insights from the analysis of Big Data through the IoT. Share information, to increase visibility and responsiveness of all parties involved.
Full Truckload WhitePaper Series. Access our complete Full Truckload Shipping WhitePaper Series. In addition, analysis of contract and spot market prices revealed rising rates in medium-range hauls, 450 to 550 miles driven per lane. So, what else can a shipper do to procure full truckload in tight capacity?
These functions must integrate easily into current logistics, invoicing , and procurement processes. Last year we put out a whitepaper which contains all the transportation data points you can track. We recommend you download that whitepaper by visiting that blog post here.
Access to data and proper analysis are both essential to maximize profits and reduce costs. Download the WhitePaper. Automation and technology will simply make tasks, including procurement in the shipping industry , easier, increasing profitability along the way. trillion in 2010 to more than $6.7 trillion in 2018.
Dr Seuss metaphor one day, expert analysis on the growth of EDI the next. Bob Ferrari, researcher and founder of the Ferrari Group, regularly publishes articles about technology, supply chain management, procurement and risk management. Check out his whitepapers and the Somali pirate song. Supply Chain Shaman.
Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. WhitePapers. |. They expand into an analysis of revenue-accruing & cost-optimizing functions, and result in the identification of capabilities that the organization aspires to develop or enhance.
The publication also discusses how Blockchain could help ease the administration of intellectual property rights and enhance government procurement processes. Related Blockchain WhitePapers. More Blockchain WhitePapers. Materials from the workshop, including the audio recording of the event, can be found here.
Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. WhitePapers. |. We conducted a thorough analysis of these concerns & compared results in different geographies. Business Process Outsourcing. Customer Service. Finance & Accounting. Banking Suite.
Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. WhitePapers. |. This can be determined to a certain extent if technology and analysis can help determine customers usage, spending and behavior. Procurement Blog. Business Process Outsourcing.
Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. WhitePapers. |. Additionally, synchronized and tightly integrated procurement and manufacturing planning activities gave planners the ability to quickly re-plan globally based on changes in execution.
Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. WhitePapers. |. The level of analysis performed on the reports demonstrates the maturity of the EAM program and the application within the organization. Procurement Blog. Customer Service.
Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. WhitePapers. |. Fit gap analysis and determination of Sterling commerce modules that would be used will need to be done upfront because of licensing considerations. Procurement Blog. Banking Suite.
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. The six must have supply chain capabilities listed above lay the foundation for more advanced supply chain capabilities.
Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. WhitePapers. |. Analytics Analytics means scientific and systematic analysis of data. However, there is no immediate adoption need to act in haste, but a careful impact analysis is required.
Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. WhitePapers. |. Define a failure hierarchy and associate with each asset for Root-Cause-Analysis - Again, do not go overboard here. Procurement Blog. Business Process Outsourcing. Customer Service.
Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. WhitePapers. |. Analysis on the breakdown of rotating machine shows most of the root causes point towards lack of lubrication. Procurement Blog. Business Process Outsourcing. Customer Service.
Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. WhitePapers. |. Typically, organizations have a very high lead time for procuring hardware and setting up networks. It will require a detailed comparison study and feasibility analysis.
His works commonly include an analysis of global logistics trends, distribution strategies, best practices, logistics outsourcing, integrating systems and more. His works remain expansive—from procurement through reverse logistics and even facilities management for the supply chain itself. . and abroad. John Monarch.
Humans still must perform some of the most important job tasks – primarily those that involve planning and analysis functions and contact with customers. Automation eliminates tasks within a job but doesn’t necessarily eliminate the job itself. Download Now! Download Now!
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.
I have recently co-authored a whitepaper with my colleague wherein we have looked at 2 fundamental guiding principles – 1.
Another problem is that of multi homing as so much data is available across several feeds of IOT/Email/Internet /Mobility/ERP that organisations tend to have issues around finding a single platform to collate them for meaning analysis. .
Dustin Calitz.
Project Commercialization Manager, Mondelez.
Cost-Revenue Analysis: Know how the tariff will impact the profitability of every product at various touchpoints in the supply chain. Download the whitepaper, 6 Strategies for Building an Adaptive Supply Chain, to understand how institutionalized scenario-based decision-making helps you handle all types of disruptions with peace of mind.
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