Logistics Viewpoints

JANUARY 29, 2025

The law requires importers to provide clear and convincing evidence of a forced-labor-free supply chain and tasks the Forced Labor Enforcement Task Force with devising enforcement strategies. Businesses will need to ensure accurate data reporting across core operations such as sourcing, procurement, and transactions.

Compliance 113

Compliance Supply Chain Planning Software Study Supply Chain Software 113

GlobalTranz

APRIL 5, 2018

As a shipper, it can be hard to procure full truckloads, and small and mid-sized shippers suffer from an exacerbated version of this problem. Shippers face tightening capacity, higher rates, and demanding consumers, and procuring a full truckload may be the last thing on their minds. What about payment processing and documentation?

Optimal Sourcing 76

Optimal Sourcing Procurement Resource Reduction Cost Reduction 76

Talking Logistics

MAY 14, 2019

Commercialization strategies evolve, supply chains expand, and production rates accelerate. Finished products have high ratios (average 50%) of sourced or procured product content. If a process manufacturer ships a product without the correct or missing documentation, a substantial and costly non-compliance fine is imposed.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 130

GlobalTranz

FEBRUARY 27, 2018

Procurement must never be an afterthought in any enterprise. The answers to these questions lie in understanding a few of the top industrial procurement trends to expect in 2018. Companies Will Seek New Ways to Use Technology in Procurement. The global supply chain creates many challenges and opportunities in procurement.

Manufacturing Procurement 66

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Supply Chain Software 66

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

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Alex Zhong, Director Product Marketing at GEP.

Manufacturing Procurement 126

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 126

Parade

MARCH 3, 2021

This is both limited and costly: It could involve a procurement company, which a freight broker or 3PL may actually compete with. Simple invoice & document setup (e.g. Challenges with current solutions: Outsourcing accounts payable to a third-party provider. Key Features: Basic Auditing. Activity Logs & Analytics.

Supply Chain Software 148

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 148

GlobalTranz

DECEMBER 11, 2014

According to Wikipedia and EDI Basics , Electronic Data Interchange (EDI) is the computer-to-computer exchange of business documents in a standard electronic format between business partners. EDI was first developed in the 1960s with the objective of speeding the movement of shipping and transportation documents. EDI In Transportation.

Data 105

Data Transportation Document Inventory Reduction 105

SYSPRO Smarter ERP

AUGUST 2, 2023

From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence. ERP analytics also facilitate the management of the purchasing process through the requisition approval workflow, streamlining procurement activities.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 98

Logistics Viewpoints

AUGUST 13, 2024

The document gives business strategies based upon technical solutions. A scenario where procurement and consumers directly order a product from the network becomes feasible in this configuration. The result enables to make any product, any time in any location, with genuine product certificates.

Networks 124

Networks Manufacturing Procurement Industry Supply Chain Planning Software 124

MTS Logistics

AUGUST 5, 2022

These rules are used in international procurement transactions to communicate risks, costs, and tasks that are requested for the delivery of goods. As discussed above, there are several strategies to employ to figure out the best way to handle your cargo. In Summary. It is good to know that you will be able to see all details.

Cost Reduction 105

Cost Reduction Vendor Strategies Expense Reduction Price Reduction 105

GlobalTranz

APRIL 13, 2017

Fortunately, today’s logistics technology has the power to execute a winning inbound freight strategy and maintain compliance in the following ways. Using Logistics Technology to Execute a Winning Inbound Freight Strategy & Have Compliant Vendors. It’s a win-win for your company and your customers.

Vendor Strategies 49

Vendor Strategies Cost Reduction Expense Reduction Material Savings 49

GlobalTranz

JULY 7, 2015

As most warehouse strategies are formed to combat issues of product shortage or provide important accounting data regarding a product, technology has been created to help reverse supply chains and drive larger recovery by serving the business needs for selling surplus. All of it is created within the technology. Monitoring Your Success.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Software Supply Chains Waste Reduction 97

Logistics Viewpoints

JANUARY 12, 2022

Procurement and Supply Chain are Smarter Together – Practical Use Cases ; Dr. Madhav Durbha ( Coupa ). In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration.

Optimal Sourcing 132

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 132

CLX Logistics

AUGUST 23, 2023

This allows shippers to tailor logistics strategies to the specific needs of the chemical industry. In this intricate scenario, entrusting logistics to a proficient provider like CLX presents an advantageous strategy.

Optimal Sourcing 77

Optimal Sourcing Outsourcing Material Savings Optimization Software 77

Trinity Logistics

MAY 9, 2022

So, let’s dive into each of these markets so you can better determine your business’s strategy. TECHNOLOGY NEEDED FOR RFPS NEED HELP WITH YOUR STRATEGY FOR COMPETITIVE SHIPPING FREIGHT RATES? No matter your size, every shipper needs a way to track and store their supply chain data and procurement information.

Freight 116

Freight Price Reduction Logistics Network Optimization Software Supply Chain Planning Software 116

Talking Logistics

DECEMBER 13, 2018

The cost saving and service improvement benefits of a transportation management system (TMS) are well documented. This is usually a three to six month process and may be part of a larger corporate strategy or transformation process that it has to plug into. What are the key ingredients to a successful TMS implementation?

Supply Chain Planning Software 72

Supply Chain Planning Software Logistics Network Optimization Software How To Vendor Strategies 72

Logistics Viewpoints

JANUARY 25, 2024

Instead start with the foundation of your AI strategy, which should be an understanding of your company’s supply chain and your data. Workers from picking and packing to planning and procurement are in short supply, stimulating interest in increasing productivity of the existing workforce.

Supply Chain Planning Software 124

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 124

Logistics Business Magazine

OCTOBER 2, 2024

Achieve Supply Chain Excellence’, where industry experts will guide you through mastering the logistics software selection and procurement process. He argues that software and IT procurement is broken right now, with the vendor selection process taking too long. Avoid getting what you asked for, rather than what you need.

Logistics Network Optimization Software 49

Logistics Network Optimization Software Procurement Solutions Supply Chain Planning Software Supply Chain Software 49

GlobalTranz

OCTOBER 3, 2016

The research suggests improved enterprise Digital Supply Chains ( DSC ) can lead to a 20% reduction of procurement costs, a 50% reduction in supply chain costs, and an increase in revenue of 10%. The project will document best practices and future trends. Check back for release dates. Digital Supply Chains Infographic.

White Paper 82

White Paper Supply Chain Design Software Supply Chain Software Supply Chain Design 82

Camelot 3PL Software

SEPTEMBER 13, 2024

Involving all stakeholders in this planning phase is vital to fully understand the resources and associated costs needed for a successful WMS procurement and operation. This comprehensive approach ensures that the WMS you select will align with your overarching goals and strategies. Ambiguity has no place in the selection of a WMS.

Supply Chain Planning Software 52

Supply Chain Planning Software Resource Reduction Vendor Strategies Supply Chain Software 52

Logistics Viewpoints

MARCH 2, 2023

While many companies assemble great sourcing and procurement teams when it comes time to renegotiate freight contracts, they often fail to provide good documentation that allows them to negotiate from a position of strength. Reduced working capital.

Waste Reduction 118

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 118

Parade

MARCH 3, 2021

This is both limited and costly: It could involve a procurement company, which a freight broker or 3PL may actually compete with. Simple invoice & document setup (e.g. Challenges with current solutions: Outsourcing accounts payable to a third-party provider. Key Features: Basic Auditing. Activity Logs & Analytics.

Supply Chain Software 78

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 78

Parade

MARCH 3, 2021

This is both limited and costly: It could involve a procurement company, which a freight broker or 3PL may actually compete with. Simple invoice & document setup (e.g. Challenges with current solutions: Outsourcing accounts payable to a third-party provider. Key Features: Basic Auditing. Activity Logs & Analytics.

Supply Chain Software 78

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 78

Logistics Business Magazine

OCTOBER 6, 2020

We bring this potential for improvement into line with the goals and measures of our long-term corporate strategy.”. The ratings in the areas of labor law and human rights as well as sustainable procurement were confirmed. The positive EcoVadis rating is increasingly attracting interest from customers and other stakeholders.

Materials Handling 48

Materials Handling Material Savings Handling Optimal Sourcing 48

Logistics Business Magazine

AUGUST 31, 2023

Freight procurement processes have always been noted for their high levels of complexity which increases exponentially during peak shipping season. However, constantly changing freight market rates can make it difficult for procurement teams to secure the best deals and maintain predictable costs.

Optimal Sourcing 50

Optimal Sourcing Negotiating Skills Sourcing Strategies How To 50

FreightWaves SONAR

MARCH 19, 2021

(Graphics created by Emily Ricks) Enterprise shippers are constantly faced with the challenges of procuring transportation. And change is the ever-lasting factor in transportation procurement. Actionable insights from applied analytics optimize transportation procurement by understanding stability. What is SONAR SCI Lane Acuity?

Negotiating Skills 11

Negotiating Skills Optimal Sourcing Buyer Training Procurement 11

20Cube Logistics

MAY 26, 2021

Logistics management includes procuring, obtaining, producing and distributing materials and products to the customer at the right time and place. Logistics involves planning, managing and implementing strategies for the operational efficiency of the transportation. Documentation. Picking and packing. Containerisation.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Transportation Tracking and Tracing Vendor Strategies 52

Logistics Bureau

AUGUST 19, 2017

Do we have the right supply chain strategy in place? In terms of the cost side of the equation, procurement and inventory management are big ticket items. Question 4: Do We Have the Right Strategy in Place? This never fails to surprise me, since everything begins with strategy. Question 1: Is our Supply Chain Efficient?

Sourcing Strategies 56

Sourcing Strategies Supply Chain Planning Software Cost Reduction Supply Chains 56

CLX Logistics

SEPTEMBER 9, 2022

The elements of a comprehensive shipping management platform are varied, ranging from RFID inventory management tools to minimize errors in documentation to shipping status tools that provide delivery updates to scheduling and planning tools for streamlining operations and improving customer service. Procurement, Benchmarking, and Bidding.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Procurement Solutions Optimization Software 52

Talking Logistics

OCTOBER 29, 2018

TMS Strategy & Building the Business Case. It begins with a strategy project that documents the current state process, information, and data flows. If both the strategy and selection projects succeed, then there is a greater chance that a TMS can get implemented on-time and within budget, but not necessarily.

Supply Chain Design Software 72

Supply Chain Design Software Supply Chain Planning Software Modeling Software Resource Reduction 72

GlobalTranz

JUNE 7, 2018

Such software is essential for maintaining documentation for customs, including the importer and exporter of record (IOR & EOR), documenting freight spend, and analyzing overall logistics operations. Recordkeeping Software. Big Data Analytics.

Supply Chain Planning Software 65

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Cost Reduction 65

Logistics in War

OCTOBER 17, 2019

The hollowness and general inadequacy of the ADF’s logistics support was not a result of any strategy concept or policy including the ‘defence of Australia’ concept outlined in the policy document ‘Defence of Australia 1987’. Policy and concepts are important, but economics (and money) is everything. hardware stores etc.).

Resource Reduction 98

Resource Reduction Cost Reduction Operations Military 98

GlobalTranz

MARCH 6, 2017

Mobile phones can offer incredible services in any business from inventory tracking and shipments to the execution of procurement transactions. Most logistics prefer integrating the use of this app to automate procurement and replenish other processes to raise the profit margins. The Web fleet Android application.

Logistics Network Optimization Software 60

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 60

CLX Logistics

AUGUST 17, 2022

A transportation management system is a logistics technology platform that helps manufacturers, distributors, 3PLs, and any participant in the supply chain system plan, execute, and optimize the transportation of incoming and outgoing goods and ensure shipments are compliant and properly documented.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Supply Chain Planning Software Logistics Network Optimization Software 52

GlobalTranz

APRIL 7, 2017

Reduced Procurement Inconsistencies Enhance Administrative Efficiency. Meanwhile, this also reduces the amount of paperwork needed in paying vendors and managing shipment-related documents, including bills of lading. Administrative controls over inbound logistics reduce the number of inconsistencies that may occur.

Vendor Strategies 55

Vendor Strategies Inbound Cost Reduction Inventory Reduction 55

Automotive Logistics

APRIL 23, 2019

Blockchain creates a distributed electronic ledger, allowing those involved in the supply chain to view, share and update critical documents. Volkswagen Group has begun a pilot project aimed at gaining greater transparency in its materials supply chain through the use of blockchain technology.

Sourcing Strategies 50

Sourcing Strategies Supply Chain Design Software Supply Chain Planning Software Collaboration 50