GlobalTranz

APRIL 13, 2017

Most shippers have existing vendor compliance programs in place within their vendor inbound logistics guide. Fortunately, today’s logistics technology has the power to execute a winning inbound freight strategy and maintain compliance in the following ways.

Vendor Strategies 49

Vendor Strategies Cost Reduction Expense Reduction Material Savings 49

Logistics Viewpoints

NOVEMBER 19, 2024

In addition, the holiday shopping period between Thanksgiving and Christmas this year is 26 days—five days shorter than in 2023—potentially creating additional headaches for online vendors and their delivery partners attempting to fulfill a greater volume of orders in less time.

Cost Reduction 115

Cost Reduction Resource Reduction Price Reduction Vendor Strategies 115

Logistics Viewpoints

OCTOBER 2, 2024

The Ecosystem Today The logistics ecosystem is being transformed by the rise of connected vehicles equipped with IoT sensors and data-driven technologies. These vehicles collect and transmit real-time data on location, speed, fuel consumption, and cargo conditions, enabling more dynamic decision-making.

Supply Chain Planning Software 159

Supply Chain Planning Software Warehousing Supply Chain Software Optimization Software 159

Logistics Bureau

NOVEMBER 3, 2024

Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy In 2014, a survey by Tompkins Consortium delivered a shocking revelation.

Supply Chain Design Software 82

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 82

Trinity Logistics

NOVEMBER 8, 2024

Take the recent digital disruption felt by businesses affected by the CrowdStrike global outage for example. Here are a few examples of the disruption the outage caused. You can use the practices below to reduce any impact should an incident like the CrowdStrike outage ever happen. million systems worldwide were affected.

Supply Chain Planning Software 83

Supply Chain Planning Software Logistics Network Optimization Software Digital Supply Chain Software 83

GlobalTranz

JANUARY 21, 2015

As a supply chain director, manager, or boss of a multinational corporation, where the supply chain is an integral part of your business, supply chain cost reductions are always at the forefront of your team’s mind. Vendor Managed Inventory Model for Supply Chain Cost Reductions. What is Reverse Marketing?

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

Ship Monk

JANUARY 31, 2024

For example, our advanced 3PL platform looks after every aspect of your supply chain in an efficient, effective way and our Virtual Carrier Network safeguards your shipping by always applying the best rates and speeds while not handcuffing you to any carrier. Of course we’re talking about your ecommerce store’s data security.

eCommerce 104

eCommerce Security Supply Chain Planning Software Supply Chain Design Software 104

FourKites

DECEMBER 11, 2020

For example, many of our customers use tools like FourKites Notification Rules, encrypted links and watcher settings to simultaneously alert key stakeholders both within their organization and their customer base when critical events occur in the lifetime of a load in transit. Examples of customer-driven supply chain strategy.

Vendor Strategies 52

Vendor Strategies Cost Reduction Supply Chain Design Software Supply Chain Software 52

Logistics Bureau

OCTOBER 26, 2024

Often, people think that supply chain consulting is about reducing costs. 1) To Gather Information Supply chain improvement initiatives, or even efforts to resolve a specific problem, can often entail the need for large quantities of accurate, current data. The problems don’t end there.

Supply Chain Planning Software 118

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 118

Parade

FEBRUARY 10, 2022

We recently published , a blog post about how Parade is different from other capacity management vendors, but then we realized there were even more unique features that Parade offers their customers. Parade not only provides these key data points but also allows that data to be pushed to other programs to make audits and tracking easier.

Vendor Strategies 78

Vendor Strategies Capacity Price Reduction Networks 78

Conger

DECEMBER 13, 2022

If you're looking for ways to reduce lead times, you’re in the right place. Because in this post, you’ll find 11 effective strategies for doing just that. Identify and Eliminate Bottlenecks. Unreliable vendors can cause your lead times to go up. Taking time to implement setup and vendor management software.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Vendor Strategies Waste Reduction 52

Logistics Bureau

NOVEMBER 12, 2024

For example, your company’s objective might be to achieve maximum operational productivity, to improve customer service, or perhaps to minimise capital expenditure. For example, is an SKU typically ordered by the pallet, carton, split carton, or individual unit? Order and picking profiles should be examined too.

Modeling Software 77

Modeling Software Supply Chain Design Software Supply Chain Planning Software Optimization Software 77

FreightWaves SONAR

SEPTEMBER 29, 2023

The COVID-19 crisis unveiled major issues within global supply chains and, as we have seen with SONAR freight data, volatility in the market. As core sections of economies around the globe shut down, manufacturers and vendors found themselves in a precarious position. HOW MUCH DO PAPER AND PACKAGING COMPANIES SPEND ON TRANSPORTATION?

Data 52

Data Inventory Reduction Supply Chain Planning Software Vendor Strategies 52

Logistics Viewpoints

OCTOBER 24, 2024

I have been to other vendors’ procurement conferences and cannot recall seeing similar functionality. SCCN solutions allow trading partners to collaborate across defined trading partner processes based on a common data model. The transactions are captured in the platform, eliminating “he said, she said” type arguments.

SAP 145

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 145

Ship Monk

APRIL 5, 2024

The process involves collecting quantitative and qualitative data concerning vendor-provided goods and services, and analyzing this data for opportunities to improve (or reasons to end) the relationship. Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. If so, good on you!

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

GlobalTranz

FEBRUARY 2, 2015

So why do we feature content related to Vendor Managed Inventory? Distributors will inbound to a manufacturer the inventory needed and transportation management, especially inbound freight management, efficiency is paramount to an effective vendor managed inventory model. ” Vendor Managed Inventory Model: A Quick Back Story.

Vendor Strategies 94

Vendor Strategies Inventory Reduction Modeling Software Inventory 94

SYSPRO Smarter ERP

APRIL 22, 2024

An ERP system will allow your business to integrate and manage many key business processes in real-time, increasing productivity and reducing redundancies. The same data can be transferred throughout multiple layers of the operation. System information is updated in real-time across the business. Appoint an experienced project lead.

Manufacturing Procurement 105

Manufacturing Procurement ERP Procurement Solutions Supply Chain Planning Software 105

Logistics Viewpoints

NOVEMBER 30, 2023

Cybercriminals are increasingly targeting this growing sector due to the large amounts of data stored in these systems and their potential value. This article will explore some of the key impacts of cyberattacks in the warehouse and distribution industry, as well as strategies businesses can employ to protect themselves from these threats.

Distribution 164

Distribution Cost Reduction Vendor Strategies Inventory Reduction 164

Freightos

NOVEMBER 7, 2023

More Resources Home November 7, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices increased 2% to $1.82/kg.

Negotiating Skills 133

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 133

Logistics Business Magazine

DECEMBER 16, 2021

Governments across the globe are urging businesses to do more to reduce greenhouse gas emissions across the supply chain. In response, companies are taking sustainable leadership to new levels, with a particular focus on reducing their Scope 3 emissions to actively assist in supply chain decarbonisation.

Waste Reduction 59

Waste Reduction Vendor Strategies Cost Reduction Resource Reduction 59

Logistics Viewpoints

JUNE 10, 2024

I might tell Alexa, for example, “Play the station Smooth Jazz!” The manager would not be required to drill down through web page after web page and look at dense tabular data to get the answer. The Business AI also understands the SAP canonical data. An end-to-end process often cuts across applications.

SAP 169

SAP Supply Chain Planning Software Supply Chain Software Optimization Software 169

Logistics Bureau

NOVEMBER 6, 2023

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. There are several possible ways to eliminate this form of energy wastage.

Cost Reduction 109

Cost Reduction Purchasing Skills Waste Reduction Material Savings 109

SYSPRO Smarter ERP

MAY 2, 2024

Although machine learning models have been in place for some time, they are now becoming much more prevalent because of the high volumes of data in ERP systems. AI also enhances manufacturers’ ability to collect, aggregate and analyze sensor data in real time for production analytics.

ERP 59

ERP Supply Chain Planning Software Modeling Software Optimization Software 59

Trinity Logistics

SEPTEMBER 16, 2021

With costs rising recently, it’s easy to see why the challenge for many companies has been to reduce their transportation costs. Before we jump into how to reduce your transportation costs, it’s essential to understand what factors are causing them to rise. STEPS TO REDUCE TRANSPORTATION COSTS. CUT YOUR MANUAL PROCESSES.

Cost Reduction 72

Cost Reduction Expense Reduction Price Reduction Vendor Strategies 72

Logistics Viewpoints

DECEMBER 12, 2023

However, the average company struggles to integrate robots from multiple vendors with their existing systems and processes, as well as divide and orchestrate work across humans and machines. The typical benefits of a WES include an 80% reduction in administrative costs, a 12% increase in units-per-hour, and a 15% improvement in throughput.

Supply Chain Planning Software 185

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

Logistics Viewpoints

FEBRUARY 28, 2022

Supply chain vendors have been touting their investments in artificial intelligence (AI) for the last several years. Alex Pradhan, Product Strategy Leader John Galt Solutions, told me that “all planning vendors have bold marketing around AI.” Artificial intelligence is beginning to be used to update the data.

Supply Chain Planning Software 180

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 180

GlobalTranz

FEBRUARY 17, 2016

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well.

Inventory Reduction 65

Inventory Reduction Cost Reduction Waste Reduction Vendor Strategies 65

CH Robinson Logistics

APRIL 8, 2021

But in a world ever more conscious of the imperative to reduce carbon emissions, helping customers move their freight more efficiently has taken on new urgency. They’re turning to us for help with an even more challenging sustainability goal: reducing greenhouse gases across their supply chains. For example, because C.H.

Sourcing Strategies 62

Sourcing Strategies Waste Reduction Vendor Strategies Resource Reduction 62

WorkWave

JUNE 27, 2024

This blog will delve into the current state of driver availability, its causes, consequences, strategies for mitigating the challenge, and future outlooks and long-term solutions. For example, a major retail chain reported significant logistical challenges due to driver shortages during the peak holiday season.

Optimal Sourcing 92

Optimal Sourcing Supply Chain Planning Software Optimization Software Availability 92

SYSPRO Smarter ERP

JULY 26, 2022

Each vendor offering similar value propositions, functionality and benefits and technical jargon is the name of the game. If you are about to embark on the journey towards finding a new ERP vendor, here are some considerations and guidelines centered on those three factors. . and the benefits of next generation technologies.

Modeling Software 105

Modeling Software Optimization Software Vendor Strategies ERP 105

Logistics Viewpoints

SEPTEMBER 13, 2023

As part of its connected geo strategy, FourKites has expanded its operations to Japan, as it sees the country as an important link in the global supply chain. Supply chain ecosystems are made up of customers, partners, suppliers, vendors, and carriers, and none of these can operate in a silo.

Supply Chain Planning Software 171

Supply Chain Planning Software Waste Reduction Optimal Sourcing Supply Chain Software 171

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? At that point, each SKU will be taken to any convenient storage location in the warehouse.

Inventory Reduction 89

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 89

Freightos

JANUARY 15, 2024

For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began. Navigating the Storm: Strategies for SMB Importers in 2024 There is no golden ticket for solving these challenges. and bakes really good cookies.

Negotiating Skills 127

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 127

Logistics Viewpoints

JUNE 22, 2021

Let’s take a closer look at the issue of supply chain cybersecurity, why the Colonial Pipeline attack is translating into a renewed focus for cybersecurity, and a few things to know when assessing the cybersecurity of your network partners and software vendors. The typical cyberattack and subsequent data breach cost was $3.86

Supply Chain Planning Software 177

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 177

Freightos

JUNE 17, 2024

Third-party platforms reduce these upfront costs by providing access to state-of-the-art AI tools and technologies on a “pay per drink” subscription basis. Access to Expertise : Third-party providers often have teams of experts who are at the cutting edge of AI research and application.

Modeling Software 106

Modeling Software Optimization Software Logistics Network Optimization Software Cost Reduction 106

Logistics Viewpoints

SEPTEMBER 19, 2024

Additionally, software vendors continuously invest in tuning the performance of their algorithms and models. For example, running a batch process that now takes 8 hours instead of 12 does not translate into supply chain agility.

Supply Chain Planning Software 144

Supply Chain Planning Software Scenario Planning Supply Chain Software Supply Chains 144

Logistics Viewpoints

SEPTEMBER 25, 2023

Greenhouses can be constructed to be like semiconductor clean rooms which would eliminate the need for pesticides. Greenhouses can be located near population centers and the growing season can occur all year long; this improves the freshness of food while reducing GHG emissions. With the Affordable Care Act, those days are gone.

Supply Chain Software 150

Supply Chain Software Food and Agriculture Logistics Network Optimization Software Inventory Reduction 150