Freightos

JANUARY 12, 2017

In general numbers, air freight is usually 5X the price of trucking and 16X the price of ocean freight, according to the World Bank. Cost – Simply put, air freight comes with a hefty price tag. CO2 emissions – Of course, air freight also leads to far more emissions. Why Not to Ship Cargo by Air?

Purchasing Skills 48

Purchasing Skills Price Reduction Cost Reduction Trends 48

Material Handling and Logistics

OCTOBER 30, 2018

It’s not news to anyone that digitization is a roaring trend and I’m here to say: embrace it. With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing.

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

10xLogistics

MARCH 29, 2013

We have heard of crowd sourcing when it comes to many areas and specifically, mostly, in IT work. Think "open-source" type work. Another big area where this is popular is in crowd source funding where just about everyone can be a mini bank and provide micro loans to entrepreneurs. CASHIER: Yes, really (channeling Austin Powers).

Purchasing Skills 67

Purchasing Skills Sourcing Strategies Sourcing Logistics Network Optimization Software 67

GlobalTranz

JANUARY 22, 2019

Unfortunately, companies that fail to stay in line with the top 2019 logistics trends could face uncertainty and lost competitive advantage, so let’s look at some of the top trends shippers should know to stay successful. Dropshipping refers to manufacturers sending products directly, but products are purchased through a third-party.

Logistics Network Optimization Software 72

Logistics Network Optimization Software Trends Supply Chain Software Procurement Solutions 72

Log-hub

DECEMBER 10, 2024

Businesses can significantly reduce costs by recovering value from returned or unsold goods. High Cost and Complex Processes Managing returns requires additional expenses for transportation, storage, and labor. Invest in Technology Use advanced tracking systems, AI, and data analytics to monitor returns and predict trends.

Reverse logistics 40

Reverse logistics Supply Chain Planning Software Waste Reduction Logistics Network Optimization Software 40

TransAudit

DECEMBER 14, 2022

Fuel for all sorts of vessels has jumped in price over the last year or two. When fuel prices rise, so do shipping prices. Learning more about fuel costs and shipping will give you a better understanding of what’s going on and equip you with some strategies to help. How Fuel Costs Raise Shipping Prices.

Cost Reduction 72

Cost Reduction Purchasing Skills Price Reduction Expense Reduction 72

EazyStock

DECEMBER 17, 2019

Intro to 2020 Supply Chain Management Trends. Throughout the last decade, the main trends were digitization and globalization. 2020 supply chain management trends will further these shifts. 2020 supply chain management trends will further these shifts. Greening” the Supply Chain. Emphasis on Security.

Supply Chain Software 81

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 81

MTS Logistics

APRIL 27, 2020

It is a trick made possible by “derivatives”, contracts in which an agreement is made for future delivery at a predetermined price. If the value falls below this price, the seller earns, and if vice versa, the buyer gains. This introduction is necessary to understand what is happening and why oil prices went below zero.

Price Reduction 69

Price Reduction Purchasing Skills Expense Reduction Cost Reduction 69

Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. The answer is to benchmark your freight, of course.

Negotiating Skills 96

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

MTS Logistics

MAY 6, 2020

While there’s no way to avoid shipping costs when running an online store. After choosing a shipping service – as well as entering the weight and dimensions of your package if it’s an adjustable-rate service – the calculator will reveal the cost of shipping the package with the respective courier.

Negotiating Skills 63

Negotiating Skills Purchasing Skills Cost Reduction Procurement Solutions 63

GlobalTranz

JULY 21, 2015

How will this Impact my Business and 3PL Costs? If you are outsourcing to a 3PL expect a series of potential increases in 3PL costs starting the first of the year, followed by a mid-year increase in 2016 and large annual increases for the next four years. What can you do to mitigate 3PL Costs with the wage increases?

Cost Reduction 94

Cost Reduction 3PL Purchasing Skills Strategy 94

GlobalTranz

JANUARY 21, 2019

It is that time of year again when we at Cerasis take a global view of what trends to expect in supply chain management throughout the remainder of the year. Of course, the best plans depend on the actions of yesterday. Isolated instances of higher rates existed, and in the weeks leading up to Christmas, prices soared.

Trends 61

Trends Purchasing Skills Supply Chain Software Supply Chain Planning Software 61

WorkWave

MAY 24, 2024

Sources cite the resiliency of essential services , predictive recurring revenue and business model growth opportunities enabled by technology, training and development as being reasons behind the interest. WorkWave: How important is trust and transparency during the due diligence and negotiations processes?

Negotiating Skills 98

Negotiating Skills Buyer Training Purchasing Skills Modeling Software 98

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Supply chain planning involves interaction with different types of information based on internal and external data sources. These data sources are often spread across multiple platforms and come in various formats.

Supply Chain Planning Software 116

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 116

GlobalTranz

FEBRUARY 12, 2018

WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. One of the main responsibilities of this manager is to minimize the cost and maximize the effects of the company’s supply chain. Impressive Communication Skills. Writing Skills. That’s when the need for writing skills comes in.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Negotiating Skills Supply Chains 70

GlobalTranz

JANUARY 10, 2017

The State of Supply Chain 2016 Trends. Of course, the human controlling capacity for actual AI is still far from realistic, but the concept of a superior AI did make strides this year. The move to agile supply chain management inherently required more data sources than traditional supply chains, reports GT Nexus.

Manufacturing Procurement 65

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65

Logistics Viewpoints

JUNE 8, 2022

These current factors, in addition to the atypical activity of the recent past (whipsaw demand pattern), render time-series trends less relevant than in more stable environments. So, what methods can we apply to better gauge future trends? Qualitative Review of Explanatory Variables.

Scenario Planning 125

Scenario Planning Analysis Events Purchasing Skills 125

Logistics Bureau

OCTOBER 10, 2022

Inventory costs too high? For example, you can optimise for cost, profit, or service, but not for all of them. Alternatively, you can focus on profit and accept tradeoffs in service and costs or concentrate on the cost and accept service and profit tradeoffs. Too much inventory in your distribution network?

Inventory Reduction 105

Inventory Reduction Inventory Optimization Modeling Optimization Software 105

GlobalTranz

JANUARY 29, 2019

Shippers need to understand the top supply chain and logistics automation trends to watch for in 2019. This level of supply chain and logistics automation will use technology embedded within video analytics to offer drivers an extra hand in the course of duty.

Supply Chain Software 63

Supply Chain Software Supply Chain Design Software Supply Chain Design Supply Chains 63

Talking Logistics

OCTOBER 15, 2018

When it comes to inventory management, new trends are demonstrating that less is more. Having less inventory on-hand increases liquidation, allowing for a more agile response to shifting consumer trends. Especially since many retailers have already purchased and shipped their goods ahead of the looming tariff changes.

Inventory Reduction 72

Inventory Reduction Inventory Supply Chain Planning Software Logistics Network Optimization Software 72

Freightos

FEBRUARY 16, 2020

In addition to the terrible human cost, the virus is also sending ripples throughout the global supply chain. The digitization of commerce created a path for giants like Amazon and Alibaba to dominate their respective storefront/fulfillment and sourcing roles in the market. The (Digital) Rise of SMBs.

Supply Chain Software 71

Supply Chain Software Supply Chains Purchasing Skills Manufacturing Procurement 71

Logistics Viewpoints

JUNE 20, 2022

Mr. Bailey has worked most of his career at VF – as an industrial engineer in facilities, in strategic sourcing, running offshore operations, and now as the person in charge of the company’s entire supply chain. VFC’s supply chain sourced over 410 million units of apparel, footwear, and accessories in their last fiscal year.

Supply Chain Planning Software 111

Supply Chain Planning Software Supply Chain Software Manufacturing Procurement Supply Chains 111

Logistics Bureau

OCTOBER 28, 2020

Confusing Strategic with Single (Sourcing). Single sourcing is a supply chain trend which can easily lead to mistakes for small and medium-sized businesses, especially if it’s chosen as a strategy without regard to the potential risks. Sourcing product from secondary suppliers where primary suppliers are impacted.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 75

Now, That's Logistics

FEBRUARY 4, 2021

However, these new systems also cost money, require training, and don’t always produce the return on investment (ROI) expected. When it comes to the exchange of information, it is of course problematic.”. That said, inherent within digital transformation is of course the transformative process itself.

Supply Chain Design Software 78

Supply Chain Design Software Optimization Software Logistics Network Optimization Software Supply Chain Software 78

LandLink

JANUARY 15, 2020

Retailers are offering the most aggressive return policies in history but at what cost. alone, Statista estimates return deliveries will cost $550 billion by 2020, 75.2% Nailing down exact numbers on return rates is notoriously difficult, but compiled data from separate sources paints a bleak portrait, especially for online retailers.

Purchasing Skills 63

Purchasing Skills Procurement Analytics Expense Reduction Cost Reduction 63

SYSPRO Smarter ERP

NOVEMBER 3, 2021

The SCOR (Supply Chain Operations Reference) methodology has six high-level business activities that define the supply chain – plan, source, make, deliver, return, and enable. This is usually accomplished by using statistical sampling of all incoming materials that can produce charts to show the quality trends over time.

Manufacturing Procurement 105

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

Talking Logistics

FEBRUARY 7, 2019

Kodak, conversely, struggles to remain relevant in an unapologetically digital world and has seen their stock prices tumble more than 90% in only four short years. The supply chain system as a whole benefit by leaving skilled labor to non-mechanical team members, and vice-versa. What is your industry’s analog camera story?

Supply Chain Software 90

Supply Chain Software Supply Chain Planning Software Supply Chains Scenario Planning 90

Freightos

OCTOBER 9, 2017

Take, for instance, the two week-on-week increase exceptions that bucked the trend of ongoing, eight-week long declines. The downward trend has been going on all year. Take a look at the Freightos Index data (based on effective pricing as at the second full week of each month, to obviate temporary GRI impacts). Well not much.

Freight 54

Freight Purchasing Skills eCommerce Trends 54

GlobalTranz

JULY 14, 2015

Take a look at how the IoT supply chain is changing the landscape in terms of equipment functionality, shipping processes, invoicing and payments, and analysis of trends. Furthermore, the use of robotics in the order fulfillment, specifically the “item picking” processes , could help foster a faster purchase-to-delivery timeline.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

GlobalTranz

DECEMBER 18, 2015

The new year will then bring series on trends and on the state of some of the business functions and technology used in proper transportation and logistics management. In the supply chain articles category it is clear the top ten are all about trends, facts, technology, and of course optimization. No Purchase Orders were used.

Article 71

Article Supply Chain Software Supply Chains Inventory Reduction 71

GlobalTranz

JANUARY 17, 2017

So, let’s take a look at how our predictions for the first four manufacturing technology trends (Predictive analytics, 3D Printing, and VR) to watch for in 2016 stacked up. Of course, reports Predictive Analytics Times , analytics also possess potential to change how companies obtain the raw materials for their products.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

Logistics Bureau

JUNE 14, 2021

Historically, many of those customers concentrated keenly on measuring performance aspects such as cost to serve, perfect order, productivity, and cycle and lead times. Of course, the criticality of such elements is the same now as it always was. That trend was to be a drawback when the pandemic arrived. Diversification.

Supply Chain Planning Software 85

Supply Chain Planning Software Optimal Sourcing Supply Chains Inventory Reduction 85

The Logistics Academy

FEBRUARY 13, 2017

Q: What are the latest trends in logistics education, and how does your program address them? Gerard Burke, Georgia Southern University: A continuing trend is the challenge to attract students to pursue a career often perceived as humdrum. Experiential learning is another trend seen as valuable to both hiring companies and students.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 40

FreightWaves SONAR

JUNE 7, 2023

Retailers, manufacturers and suppliers have saved a lot of money on transportation costs in 2023 compared to the years before, but other parts of their organizations are facing persistent inflationary pressures on everything from energy and labor to cattle futures and the cost of money itself.

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Optimal Sourcing 52

3PL Insights

OCTOBER 21, 2016

Distribution companies have to adapt to the trends, and it is having an interesting effect on several components of the industry. But over the past five years, we’ve seen a rise in two-day and same-day delivery of packages purchased on e-commerce sites. How is the warehouse industry changing to accommodate e-commerce?

Warehousing 59

Warehousing Modeling Software Purchasing Skills Procurement Solutions 59

Blue Grace Logistics

JULY 27, 2021

The drivers for growth are not simple factors like the price or quality of a product. Customer expectations and the buying capacity of the purchaser coupled with the cost of substitutes or complementary goods also play an important role. Concept of Predictive Analytics. Every step of the way can use predictive analysis.

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

Ship Monk

APRIL 4, 2023

Meanwhile, if a shipping label is incorrect (in terms of sender or receiver information), blurred, or even peeled slightly, an order can easily veer off course. Of course (see what we did there?) If there is no consistent trend, it’s best to speak to your shipping carrier directly to see if lost packages are part of a larger issue.

Packaging 98

Packaging Tips eCommerce Inventory Reduction 98