Articles
Transportation Management
Logistics Technology: 3PLs Span the Gamut
The road to business growth is paved with data. Providing both software and expertise, third-party logistics partners keep small shippers in the fast lane.
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Avoid Pricing Pitfalls When Selecting a Logistics IT Solution
Q: One of the common gripes voiced by organizations implementing logistics IT solutions is that the solution ends up costing more than expected. Why does this seem to happen so frequently? A: The roots of this complaint can be traced back to improperly managed expectations during the sales process. Pricing between providers competing for the […]
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Communication is Key When Optimizing Logistics Networks
Within any logistics network there are vendors, warehouses, distribution centers, service operations, transportation routes and hubs, carriers, freight forwarders, importers, exporters, and more. The idea of optimizing all of it is enough to give anyone a splitting headache. The goal of optimization is to reduce costs while becoming more efficient. To do this, some companies […]
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How to Get More From Your TMS
Q: Capacity is top-of-mind today. How can supply chain partners collaborate around Transportation Management Systems (TMS) to create capacity? A: There are many ways to collaborate to generate capacity. For example, shippers are increasingly participating in general load boards, tapping into capacity that sometimes flies under the radar. To be successful, they need a TMS […]
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Are You Ready for the Capacity Crisis? Oh, It’s Here
Funny thing, predictions. We gravitate toward them, some of us armed with a dollop of healthy skepticism. But when respected analyst John Larkin announced in 2010 that the trucking industry was facing the "mother of all capacity shortages," people listened. We haven’t quite reached the "mother" level yet, but the evidence says it’s not far […]
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Transportation Modeling: Is There Ever an Average Day?
Most large shippers spend a great deal of time and money collecting, analyzing, and maintaining the data used to drive daily transportation planning and execution. When codified and integrated into the shipper’s transportation system, this data becomes the organization’s transportation policy. This policy is comprised of lanes, modes, rates, service levels, capacity, and a multitude […]
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By the Numbers: Tracking Carrier Performance
How well is your trucking company working for you? Metrics offer insight into carrier performance and benchmarks for improvement goals.
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Steering Transportation Management Strategies
In a market where carriers can call the shots, smart transportation management is more important than ever. Here are some strategies driving success.
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Freight Audit and Payment Services: Stacking Up Savings
Analyzing shipment data can reveal trouble spots and identify opportunities to cut costs. Freight audit and payment services provide the supply chain analytics and expertise to give shippers an edge.
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A National Standard for Hiring ‘Safe’ Motor Carriers
Q: Is there confusion over what constitutes a safe carrier when screening and contracting for shipments? A: Most definitely. Unfortunately, the courts are deciding safety standards for carriers, and their opinions vary widely from state to state. This puts contractors—shippers, brokers, forwarders, and receivers—in an awkward position, particularly when something goes wrong, such as a […]
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3PL Partnership Provides The Total Package
Intertape Polymer Group’s transportation strategy was getting a bum wrap, until an outsourcing partnership enabled greater inventory control and profit margins that stick.
Read MoreCalculating the Benefits of Freight Bill Auditing
In the world of big data, a decimal point can make all the difference. Because freight charges represent up to 10 percent of a company’s total expenses, identifying and correcting freight bill errors through auditing is crucial, and shippers want to glean the same insights for their global transportation moves as they capture from domestic […]
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First Aid for the Hospital Supply Chain
Hospitals are aching to cut costs and increase efficiencies. Some supply chain management therapy might be just what the doctor ordered.
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Trends—July 2014
The 25th Annual State of Logistics Report: Ready For a New Route After a rollercoaster year for the economy and the transportation sector, the Council of Supply Chain Management Professionals and Penske Logistics released their 25th annual State of Logistics report. Aptly titled Ready For a New Route, the report focuses on 2013’s weak economy, […]
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Forecasting Seasonal Surges Keeps Products on the Shelf
During busy retail periods, news of retail imports and spot transportation rates tends to grab all the attention. Less prominent, but more interesting, is the constant seasonal and promotional flux in domestic consumer packaged goods (CPG), and how manufacturers manage the resulting transportation surge. For CPG companies, seasonal volume typically represents one-third of annual shipments, […]
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What Transportation Providers Gain From an Integrated TMS Platform
Transportation service providers with trucking assets have an edge with customers. Compared to their non-asset counterparts, they can directly control the equipment, drivers and facilities to ensure capacity and customer service, keeping commitments and adapting quickly to market change. Keeping pace with the demands of the marketplace has become increasingly complex, however. Few carriers operate […]
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Fusing Big Data and the Supply Chain: The Future is NOW
Only 8% of shippers and 5% of 3PLs surveyed have implemented Big Data initiatives involving the supply chain, according to the 2014 18th Annual Third-Party Logistics Study produced by Dr. C. John Langley and Capgemini Consulting. Conversely, nearly all shippers and third-party logistics providers believe Big Data is vital in future 3PL efforts to help […]
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Access to Reliable Transportation Regardless of Transportation Market Conditions
Over the past 25 years I’ve been in Supply Chain, I’ve come to the realization transportation rates are difficult to forecast due to elastic variables (perceived or real) in the supply chain. Depending upon your role and point of view, rates could increase by low single digits or double digits over the next year. You […]
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Big Data Tools Enable Predictive and Prescriptive Analytics
Q: What is different in transportation technology today compared to five years ago? A: Two words: big data. It has become significantly less expensive in the past five years to store and analyze large amounts of data. Due to these decreased costs, companies can now afford to use data to gain additional insight into their […]
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Get Real: What ROI to Expect from Your TMS Implementation
Q: Transportation management system (TMS) solution providers routinely claim their automation tools will deliver cost savings as high as 25 to 30 percent of annual transportation spend. Is this accurate? A: Sales representatives have a tendency to oversell things in their pursuit of new clients. This is problematic for the industry because it discredits TMS […]
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