Logistics Business Magazine

NOVEMBER 22, 2023

As a result, NX Europe is now able to implement customized local reduction strategies in alignment with SBT. The data -driven solution provided by Cozero enables us to implement sustainability transformation into our corporate planning.”

Strategy 60

Strategy Logistics Network Optimization Software Collaboration Groups 60

Logistics Business Magazine

JANUARY 30, 2024

With claims cost inflation, parts shortages and rising costs of vehicle technology it is crucial to have a robust risk management strategy. How can data help achieve and support this? What data is valuable, and can help to support risk management teams? How can data be shared? How can the data be put into practice?

Cost Reduction 51

Cost Reduction Strategy Logistics Network Optimization Software Data 51

Logistics Business Magazine

SEPTEMBER 7, 2023

Most shippers, carriers and logistics service providers understand the importance of data collection and data-driven decision-making. Data collected over time provides intelligence, enabling companies to enhance long-term decision-making. Artificial intelligence is a potent tool that helps companies get the most from their data.

Logistics Network Optimization Software 62

Logistics Network Optimization Software Data Modeling Software Negotiating Skills 62

Logistics Business Magazine

SEPTEMBER 19, 2022

Transporeon , a leading Transportation Management Platform, has appointed David Landau as Chief Network and Strategy Officer. Transporeon has developed one of the largest logistics networks in the world, which gives it unparalleled connectivity, data and capabilities. Transportation is, after all, an ecosystem.

Networks 56

Networks Strategy Logistics Network Optimization Software Freight forwarding 56

RPA Labs

OCTOBER 12, 2020

According to customer data shared by RPA Labs , Freight Forwarders spend 113 minutes on average processing shipments, and that’s not even including time spent drafting emails to clients, waiting for responses, or digging up documents that have been misfiled or lost. Submit SI & VGM – 20 minutes.

Freight forwarding 40

Freight forwarding Vendor Strategies Cost Reduction Freight 40

Logistics Business Magazine

MAY 26, 2023

Transport Exchange Group (TEG), a leading UK online freight exchange platform, is helping its members to operate more dynamically and competitively in a highly volatile marketplace with the launch of what it describes as an ‘industry-first’ load pricing data service.

Logistics Network Optimization Software 55

Logistics Network Optimization Software Data Price Reduction Transportation 55

Logistics Business Magazine

JANUARY 18, 2023

The objective of this guidance is to enable companies to better understand and track their logistics emissions on a granular operational level and seeks to quantify the footprint of end-to-end logistics emissions, from supplier to final customer, with focus on primary data calculations.

Data 60

Data Logistics Training Global logistics 60

Logistics Business Magazine

MAY 5, 2023

Logistics Business magazine, together with the Information Factory, have produced a 7 page digital magazine on data in transport logistics. Editor Peter MacLeod talks to iFactory CEO Robert Jordan to understand how transport businesses can drive up profitability by adopting a data-driven approach. Read the free eBook here.

eBook 43

eBook Data Supply Chain Planning Software Logistics Network Optimization Software 43

The Logistics of Logistics

SEPTEMBER 22, 2022

Now, Rick uses his first-hand experience to inform the strategy behind KlearNow’s logistics technology and services. Rick received a Bachelor of Arts degree in psychology from the University of Colorado at Boulder. About KlearNow. Key Takeaways: The KlearNow Story.

Supply Chain Planning Software 294

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Negotiating Skills 294

Logistics Business Magazine

DECEMBER 13, 2022

WiseTech Global has announced that IAG Cargo, the cargo division of International Airlines Group (IAG), is now directly integrated with CargoWise, enabling freight forwarders to efficiently choose, book, confirm and change shipments , in real-time from within the industry’s leading logistics execution platform.

Cargo 55

Cargo Logistics Network Optimization Software Modeling Software eBook 55

Logistics Business Magazine

APRIL 29, 2020

Shipping and freight professionals want to change their supply chain strategies post-Covid, according to a recent survey. Answered by over 300 Shipping and Freight Professionals across the world, the survey brought out some key indicators that will inform the future course of global supply chains. Find more details here.

Resource Reduction 41

Resource Reduction Supply Chain Design Software Survey Supply Chain Design 41

Freightos

JULY 24, 2024

Higher ocean freight costs have forced SMB retailers to adjust their pricing strategies. Approximately half of the respondents have increased their product prices due to the spike in freight rates. Keep reading Weekly Freight Updates July 23, 2024 Update Market Updates Are We Headed For Pandemic-Level Supply Chain Disruptions?

Supply Chain Software 117

Supply Chain Software Supply Chains Price Reduction Cost Reduction 117

RPA Labs

APRIL 7, 2022

Forbes echoed this position sharing, “For many businesses, chasing after the customers’ ever-changing behavior and expectations has led to a whole new focus of the business strategy, where services and customer experiences are now the battlegrounds for customer loyalty.”. Limited Customer Engagement With Outdated Chatbots.

Supply Chain Software 80

Supply Chain Software Automation Supply Chain Planning Software Logistics Network Optimization Software 80

3PL Links

APRIL 26, 2023

Nevertheless, with in following quarter, this strategy will need to be carried a step beyond. As a result, rather than following a single procurement strategy, several businesses will increasingly aim to create markets and capacity in Europe and North America in an effort to safeguard their business strategy in the long run.

Supply Chain Planning Software 62

Supply Chain Planning Software Logistics Network Optimization Software Price Reduction Trends 62

20Cube Logistics

AUGUST 2, 2019

Data is the talk of the town. Data is not only required for smooth functioning but also for better control on the process. Is data really the show stopper? The captured data comes in use to analyse the trends and predict demand. Data has been and will continue to transform the logistics space. Route Optimization.

Data 40

Data Optimal Sourcing Inventory Reduction Supply Chain Planning Software 40

Forto

JULY 25, 2018

Few topics hold the prestige of logisticians like Big Data. The applications of Big Data in business are numerous. In freight management, Big Data yields opportunities for improvement. The reason behind the application of data is immense. The ways we collect data has evolved too. Why Is Big Data Important?

Supply Chain Planning Software 40

Supply Chain Planning Software Data Optimization Software Optimal Sourcing 40

Freightos

SEPTEMBER 17, 2024

Blog More Resources Home It’s Not About Chatbots: Getting Real on AI Usage In Real Life Logistics (AI Popup #5) AI Popup #5 September 17, 2024 Dive deeper into freight data that matters Learn More It’s so hard to talk about AI without sounding pretentious or annoying. The model would be trained on our own customer data.

Supply Chain Software 115

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 115

Logistics Viewpoints

JUNE 21, 2024

bans exports by Oregon freight-forwarder in warning shot to industry Container losses fall to record low Warehouse wages rise to average of $18.99 This framework is central to GM’s strategy, encouraging suppliers to make progressive steps towards sustainability. considers threats to national security.

Logistics Network Optimization Software 158

Logistics Network Optimization Software Optimal Sourcing Material Savings Supply Chain Planning Software 158

Logistics Business Magazine

AUGUST 5, 2021

Etihad Cargo , the cargo and logistics arm of Abu Dhabi’s Etihad Aviation Group, and CargoAi , the SaaS application which provides air cargo digital solutions, have partnered to elevate the carrier’s API accessibility for freight forwarders as part of its digitalisation strategy.

Logistics Network Optimization Software 67

Logistics Network Optimization Software Cargo Freight forwarding Digital 67

Freightos

FEBRUARY 28, 2024

With more easily accessible data and bookings, alternatives to, yes, historically alternative routes suddenly become far more viable. The traditional China-Northern Europe route alternative banked on sea freight to Dubai, followed by air shipping to the final European destination.

Negotiating Skills 62

Negotiating Skills Cost Reduction Price Reduction Vendor Strategies 62

Logistics Business Magazine

JUNE 13, 2024

Yusen Logistics, a global supply chain solution company, provides businesses with ocean and air freight forwarding, warehousing, distribution services and supply chain management that provide reliability, excellence and value. This process used to take over one and a half weeks each month and over 100 hours of manual labour.

Logistics Network Optimization Software 58

Logistics Network Optimization Software Efficiency Supply Chain Software Inventory Reduction 58

RPA Labs

MARCH 3, 2022

By programming rules that guide the system, freight forwarders can automate an integral part of their business communications. ?2. Do Gather Data From Your Tech Stack to Create Documents. Automating document processing equips forwarders to clearly communicate at every step, leaving fewer customers in the dark. ?Create

Document 76

Document Supply Chain Software Freight Waste Reduction 76

RPA Labs

SEPTEMBER 23, 2021

The average time it takes for a freight forwarder to respond to a quote request is 57 hours (that is if they answer at all – over 70% don’t). RPA helps protect profit margins for forwarders and others in the supply chain by giving more time back to your team: Helping to reduce manual, error-prone human data collection.

Supply Chain Software 52

Supply Chain Software Supply Chains Cost Reduction Resource Reduction 52

247 Customs Broker

MARCH 12, 2018

CBP’s strategy will revolve around four objectives: • Recalibrate CBP’s regulatory posture and partnerships with other U.S. At the end of fiscal year 2017, one port that has an express consignment hub received an estimated 25 million predominantly informal and de minimis (packages declared at less than $800) value shipments.

Resource Reduction 28

Resource Reduction Strategy Supply Chain Design Software Supply Chain Software 28

MTS Logistics

MARCH 5, 2021

It is extremely interesting what has happened over the past 4-5 months where every shipping carrier started implementing this “premium” strategy which is nothing but a variation of a GRI without the 30-day notice requested by the Federal Maritime Commission (FMC.). However, the answer is no.

Price Reduction 96

Price Reduction Scenario Planning Supply Chain Planning Software Maritime 96

The Logistics of Logistics

JUNE 23, 2022

As noted by DC Velocity , “ most freight forwarders, traders, and shippers expect more disruption in the 2022 third-quarter peak season than they felt last year. The survey also found that although many companies have arranged international shipments early this year, most continue to rely on the spot freight market to move goods.”.

Supply Chain Planning Software 359

Supply Chain Planning Software Scenario Planning Cost Reduction Material Savings 359

Dedola Global Logistics

AUGUST 9, 2024

Adaptation Strategies: To navigate these challenges, importers should diversify their shipping strategies. Despite this, regular ocean freight service allocations have not changed, even with increased demand from Manila, Vietnam, and Thailand. Recent data indicates a significant uptick in freight volumes from these regions.

Inventory Reduction 71

Inventory Reduction Cost Reduction Expense Reduction Freight 71

Logistics Business Magazine

OCTOBER 28, 2024

Julian Harrison joins as CIO, to deliver a technology and data-first strategy to support growth across all areas of the business. Working in close collaboration with the IT function, Laurence Sugars takes on the role of VP of Product and Strategy.

eCommerce 51

eCommerce Logistics Network Optimization Software Strategy Collaboration 51

ShipLilly

OCTOBER 14, 2021

26, according to shipping data compiled by Bloomberg. Some shipping companies have taken to continuously monitoring the market because freight forwarding has become an uncertain business. This is the time to develop and finesse a strategy for managing the hurricane season. Developing a strategy for the hurricane season.

Vendor Strategies 84

Vendor Strategies Resource Reduction Price Reduction Cost Reduction 84

Freightos

JULY 26, 2018

Amazon is at the nexus of ecommerce, data, and logistics, with a drive to constantly improve their logistics network. That’s 258 operational facilities in the US and another 486 distributed around the world (see map below, data from MWPVL ). And the career data below spells out a strong ocean slant. At over 243.5

Logistics Network Optimization Software 65

Logistics Network Optimization Software Data Supply Chain Planning Software Manufacturing Procurement 65

Logistics Business Magazine

APRIL 18, 2024

Proactively assessing the risks Taking risk assessment seriously and proactively by implementing technologies and insights into supply chain processes can help stay ahead of disruptions and concerns with data-driven decision making.

Supply Chain Planning Software 58

Supply Chain Planning Software Supply Chain Software Supply Chains How To 58

Logistics Viewpoints

NOVEMBER 2, 2021

It was recently reported that one of the world’s biggest container logistics companies, Maersk, will only handle cargo from direct shippers, cutting out freight forwarders. 1 carrier stopping its dealings with even a portion of the world’s freight forwarders? The third new reality: Consolidation is inevitable.

Supply Chain Planning Software 123

Supply Chain Planning Software Scenario Planning Supply Chain Design Software Modeling Software 123

Logistics Viewpoints

AUGUST 14, 2023

Nevertheless, the argument that trade compliance is complementary to a company’s overall tax strategy certainly makes sense to many companies. Industry Specific Solutions WiseTech’s product suite is specifically designed for logistics service providers including freight forwarders and customs brokers.

Compliance 115

Compliance Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies 115

20Cube Logistics

DECEMBER 8, 2019

There was no transparency or control, creating a complete vacuum for the customer and showed the inefficiency of freight forwarders. To overcome it, new technologies and strategies were incorporated that will not become irrelevant in the competitive market with time. Such challenges fractured supply chain.

Supply Chain Software 74

Supply Chain Software Supply Chains Inventory Reduction Cost Reduction 74

Logistics Business Magazine

JANUARY 20, 2023

A larger share of freight forwarders and supply chain professionals this year in 2023 are expecting disruptions owing to COVID outbreaks in China and the Chinese New Year factory closures as compared to the last year (2022). “We We are looking at three different Chinese Years in 2020, 2021 and 2022.

Supply Chain Planning Software 67

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 67

Logistics Business Magazine

AUGUST 2, 2021

Retail margins are under increasing threat from soaring freight rates, poor carrier reliability and fluctuating demand. In response, Zencargo , the digital freight forwarder has announced a new online forum to analyse end-to-end retail profitability. Updating planning and execution strategies to maximise flexibility and profit.

Events 68

Events Cost Reduction Freight forwarding Webinar 68

Logistics Viewpoints

DECEMBER 5, 2022

But Molex, a global electronics and connectivity solutions company, has been investing in their intelligent digital supply chain strategy to improve their supply chain agility and customer experience. Those industries include data communications, medical, industrial, automotive and consumer electronics. The Advantages of Agility.

Supply Chain Planning Software 133

Supply Chain Planning Software Manufacturing Procurement Optimal Sourcing Inventory Reduction 133