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The Center for Global Enterprise releases new research suggesting revenue growth at the hand of improved digital supply chains. 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%.
We’re sharing seven best practices to improve OTR transportation management, enabling shippers to stay competitive in the face of disruption. Leveraging historical data with current market trends, and layering human review and intervention provides insight into OTR transportation optimization opportunities.
WhitePaper: Hidden Risks and Costs in an Offshore Supply Chain. In fact, our friends over at the Rodon Group, with whom we’ve started an ongoing blog collaboration, starting with this post and more to come, have written a WhitePaper entitled, “ Hidden Risks and Costs in an Offshore Supply Chain.”
But transportation optimization , knowing when to tender freight, take advantage of company-owned assets, and outsource are other issues. The world of transportation sourcing and management is only getting more complicated. The first step in building a successful supply chain is to start with vendor sourcing.
With the proper use of data and freight analytics , contract procurement and securing capacity can be enhanced. Moreover, Supply & Demand Chain Executive explains , “Developing a point-of-departure strategy for partial and LTL shipments can give small and medium-size businesses delivery costs comparable to the mega shippers.
The right partner will also work with your team to implement changes based on data-driven recommendations and identify opportunities for continuous improvement. . Focus on Carrier Procurement and Management. Download the WhitePaper: Transportation Optimization: Its Strategic Role in Transportation Management.
Cerasis is excited to announce the release of an all new, exclusive, & educational resource “The Ultimate Guide to Full Truckload Shipping Part 1: Background, Challenges, Process, and Best Practices for Full Truckload Shipping” whitepaper! Get a free copy of the whitepaper by filling out the form to the right.
However, enterprise shippers can make a comeback by implementing smart truckload shipping strategies by retooling and putting freight forecasting power to work. And these additional five shipping strategies can help enterprise shippers maximize recovery and boost profits. Download the WhitePaper. It’s that simple.
Since 2011 carriers, 3PLs, shippers, and logistics technology vendors have looked to CarrierDirect to deliver the efficiency, strategy, go-to-market plans, and technology that will elevate their business above their competition. CarrierDirect clients include Werner, J.B. Hunt, Covenant, CRST, and FedEx. Financial implications. Tony Nichols.
, 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.
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. Download Whitepaper.
Cerasis is excited to announce the release of an all new, exclusive, & educational resource “The Wonderful World of Managing Parcel Shipping Spend” whitepaper! Get a free copy of the whitepaper by filling out the form to the right. What is in the Parcel Shipping Spend Management WhitePaper?
Download the WhitePaper: Over the Road Freight Management Trends. A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. As the industry evolves and innovations improve, OTR freight management technologies offer?? transportation management optimization ?to
As the state of the trucking market evolves and innovations improve , OTR freight management technologies and logistics service providers offer transportation management optimization to help businesses avoid significant supply chain disruption. Download the WhitePaper: Over the Road Freight Management Trends.
In most companies, supply chain leaders are considered executors of innovation strategies, focused on optimizing costs and improving operational efficiencies once such strategies have already been determined.”. “A
As market volatility, delivery expectations and customer experience levels impact supply chain strategy, shippers are looking for new ways to drive operational and competitive advantage from external expertise. Download the WhitePaper: Transportation Optimization: Its Strategic Role in Transportation Management.
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. WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper.
MHS, a single-source provider of material handling automation and software solutions, announces a new multi-part online experience scheduled to run October through November. Following each event, attendees receive exclusive access to supplementary resources like whitepapers, case studies and infographics to continue their experience.
Routing guides are a universal source of carrier freight tendering and action. In other words, a lack of insight into market-by-market and lane-by-lane analysis will amount to trouble in understanding what is going wrong and what is necessary to improve service levels. Download the WhitePaper. Request a SONAR Demo.
The problem: Shipping demand management includes a need to source capacity around the clock Capacity rules when it comes to keeping the supply chain moving and the trucks full. Sourcing capacity and load contracts require the constant attention of management. Download the WhitePaper.
Supply chain leaders continue to focus their efforts on finding the right mix of assets used, market positioning and carrier freight pricing strategies. 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 procurementstrategy.
WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper. What makes Ethereum different is that it actively encourages software development teams to use its open-source protocol to design tokens that run on top of the Ethereum blockchain.
Among enterprise companies, one critical aspect of successful negotiation and capacity procurement is a better predictive outlook of both spot and contract truckload rates. Download the WhitePaper. Expand bidding strategies based on data-driven market insights. Often this means contracted volume is the way to go.
Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. WhitePapers. |. « Linear Asset Management and Dynamic Segmentation- Part II | Main | Global Template Solution - Approach » Business Process Optimization in Asset Management.
So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were. is one of the industry’s most respected logistics sources. If you’re like me, staying up to date on supply chain news is critical. wsjlogistics.
Companies with access to accurate near-real-time data not only improve their operations; they also gain the ability to depict the current state of the trucking market. That information then leads to improved rates, capacity, and several other benefits. Download the WhitePaper.
The needs to improve fleet asset utilization and to maintain better control over trucking costs are absolute. Improving the t ransportation networks and enhancing fleet asset utilization can be challenging. They become essential to improving asset utilization within the shipping supply chain. Download the WhitePaper.
Download the WhitePaper. This is particularly true when looked at in connection to routing guides and how lane management and contract procurement go. With improved end-to-end visibility and network transparency, all involved shippers and carriers can significantly reduce stock outages and inventory issues.
An effective warehouse management strategy is key to staying competitive and meeting consumers’ expectations in the omnichannel world. To understand this paradox, warehouse managers need to understand the pitfalls of omnichannel warehouse management and how to develop a winning strategy. Download whitepaper.
Failures to understand the severity of the problem can quickly amount to massive waste across different sectors, particularly in transportation procurement and execution. . However, objective risk management implies seeing both the threats and opportunities to improve the supply chain. Download the WhitePaper.
Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. WhitePapers. |. Business process once optimized, it enables better ways to do things going forward. IT strategies need to ensure that the processes are completely adhered to.
WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper. AI includes machine learning and deep learning, allowing machines to self-optimize performance and alert managers of potential failures or issues before they occur.
Even the most robust in-house strategies can turn to the value of logistics automation within analytics, such as the insights found in Lane Signal, to further refine their operations. Enterprise shippers need a proactive strategy to secure capacity One of the biggest challenges that shippers face remains to secure capacity.
Unfortunately, manufacturers and OEMs may lack the infrastructure necessary to facilitate such changes, and resellers face challenges in optimizingprocurement for the world of e-commerce. Implementing a multichannel fulfillment strategy carries additional challenges. Inability to improve operations. Download WhitePaper.
Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. WhitePapers. |. Let us take an initiative such as Inventory Optimization as an example. Business Process Outsourcing. Customer Service. Finance & Accounting. Human Resources.
If you are looking to optimize VMI in regards to transportation management, contact Cerasis today to speak to one of our Account Executives or read our whitepaper on Inbound Freight Management. Cutting the Right Costs with Technology by Sourcing Innovation. The speed of the processing is also improved.
Seizing control of freight and transportation spend can improve operating income by five to 10 percent, and boost stock prices by 10 to 20 percent, according to an Accenture study, From a Shipper’s Market to a Carrier’s Market. These functions must integrate easily into current logistics, invoicing , and procurement processes.
Effective transportation procurement depends on having an outlook to cost exposure, and analytics platforms need to ensure their predictions offer up accurate freight rate projections, measuring how well they align with the final, observed rate per mile. Download the WhitePaper. USA and FWSR28.USA
Whilst there are economic benefits to this approach, it discounts current trends in competition for energy sources and market dominance, threats to supply infrastructure, the impact of natural disasters and geopolitical uncertainty (especially in the Indo-Pacific region).
WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper. Precursor technology enables continuous improvement in warehouse management. Integrate all supply chain systems, increasing savings in transportation management, procurement and everywhere in between.
Full Truckload WhitePaper Series. Access our complete Full Truckload Shipping WhitePaper Series. Speaking of analytics, big data analytics can be used to hasten freight planning, scheduling, shipping, delivery, payment processing, and subsequent auditing, to ensure accountability and enable continuous improvement.
If you rely on multi-stop truckload shipping as part of your strategy, you owe it to yourself to learn how to work more effectively with your carriers—which can also improve acceptance levels for these loads and help you better control supply chain costs. This whitepaper can help you get started. Steve has been with C.H.
In our recent whitepaper , we discussed the growing importance of carrier utilization. Unlike other tools in the market, the Lane Signal considers an abundance of data from multiple sources, not just dirty data that flows through one system like other industry tools. This will be key in 2021.
This helps to realize fewer tender rejections, increases an understanding for requests for proposal (RFPs) bringing optimal deals, and improves lead time planning to secure capacity procurement. Download the WhitePaper. End-to-end transparency promotes supply chain agility Unexpected problems are bound to arise.
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