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The Approach to Effective Freight Procurement

The Logistics & Supply Chain Management Society

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. At the heart of it all, an effective procurement strategy remains paramount.

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Managing transportation in times of tight capacity and high rates

Cathy Roberson

Technology is playing a big role but one area, in particular, that I’ve always found interesting is transportation management services (TMS). No matter the mode of transportation a shipper uses, the shipper is paying more for it, that is, when they can find space. TMS has come a long way since its early days.

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The State of the Trucking Market in 2021

GlobalTranz

Talent shortages, especially limited drivers, will exacerbate the capacity crunch and result in shortages across warehousing and transportation simultaneously.? . Pent-up demand of customers and the strong predictions for another above-average peak season has put a unique burden on truckload and parcel transportation. Focusing on the?

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Increased Shipping Costs, Delays, and Transportation Issues. Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. Increased Shipping Costs, Delays, and Transportation Issues. Financial Times).

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What’s the Difference Between a Freight Broker and Freight Agent?

Supply Chain Game Changer

The Supply Chain industry provides vast employment opportunities, from procurement to warehouse inventory, management, and shipping. The terms freight broker and freight agent are often confused in the cargo and shipping sector. Subscribe to Supply Chain Game Changer. 10 Tips To Be A Successful Freight Broker!

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Molex Prizes Agility

Logistics Viewpoints

This involves a lot of long-haul transportation.” Those shipments can move directly to customers or move to several regional distribution centers (DCs) that serve as forward inventory locations and consolidation hubs servicing customers and channel partners. That increases the value of the analytics used by the procurement team.

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Where’s My Inventory? Managing Disruption Across Multiple Supplier Tiers

BlueYonder

As many countries around the world enforce economic sanctions against Russia, global logistics networks are struggling to isolate Russian products while still ensuring inventory availability. There’s no end in sight to these challenges,” he notes. “In In fact, disruptions will likely become more frequent in the future.