Discussing the Lessons Learned in Transportation Procurement Management
Talking Logistics
DECEMBER 12, 2022
The post Discussing the Lessons Learned in Transportation Procurement Management appeared first on Talking Logistics with Adrian Gonzalez.
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Talking Logistics
DECEMBER 12, 2022
The post Discussing the Lessons Learned in Transportation Procurement Management appeared first on Talking Logistics with Adrian Gonzalez.
Talking Logistics
JANUARY 11, 2021
Many companies are getting ready for (or perhaps have already completed) their annual transportation procurement engagement. But has the time come to transform the transportation procurement process? Read more Transportation Procurement: Finding an Alternative.
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Talking Logistics
JANUARY 22, 2023
Read more The post [Video] Discussing the Lessons Learned in Transportation Procurement Management appeared first on Talking Logistics with Adrian Gonzalez. Read more
Logistics Viewpoints
SEPTEMBER 4, 2023
Procuring transportation for freight is much different than any other procurement category. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. One master of freight procurement is Kyle Masters. Procurement ran a request for proposal event.
Speaker: Adam Robinson, Director of Marketing, Cerasis
We’ll address how automation in the supply chain will provide employees with the following: More Strategic Procurement. Improved Supplier/Vendor Management (Automated buying on an e-commerce website for repeat orders, automated freight pickups for inbound delivery, automated tracking alerts).
Logistics Viewpoints
FEBRUARY 20, 2020
The biggest constant in transportation today is changing. It is forcing companies to rethink how they plan, optimize, execute, and collaborate with trading partners. The post Strategies, Tips, and Pitfalls of Modern Transportation Procurement appeared first on Logistics Viewpoints.
GlobalTranz
JULY 28, 2021
Additional opportunities can be reached through transportation optimization whether using a 3PL or 4PL. It's important to understand how transportation optimization can work well with managed transportation service providers to attain that goal. Defining Transportation Optimization.
GlobalTranz
AUGUST 18, 2021
Vetting 3PLs and transportation management services providers is a complex topic and shippers may not know where to begin. To find the right logistics transportation services partner for your unique business needs, shippers should consider these five crucial characteristics. . Focus on Carrier Procurement and Management.
Logistics Viewpoints
AUGUST 25, 2021
The three traditional methods are the use of a transportation management system (TMS), transportation execution system (TES), and managed transportation services (MTS). A TES is generally mode specific and lack optimization capabilities, but for shippers with simpler transportation requirements, that is often all they need.
GlobalTranz
NOVEMBER 30, 2021
Managing OTR transportation through disruption is a complex process. We’re sharing seven best practices to improve OTR transportation management, enabling shippers to stay competitive in the face of disruption. Analytics provides visibility into your transportation network and operations. Across OTR Transportation Modes.
The Logistics of Logistics
FEBRUARY 24, 2023
Chris Caplice and Joe Lynch discuss MIT Center for Transportation and Logistics and a wide range of logistics and supply chain topics. Chris is a Senior Research Scientist at MIT and serves as the Executive Director of the MIT Center for Transportation & Logistics (CTL). He received a Ph.D.
Supply Chain Shaman
MAY 15, 2023
When I use the research, I keep the information on the respondent–name, company, title, and individual comments–confidential. One of the alignment gaps that is growing and is unfortunate is the gap between procurement and manufacturing. The metrics defining success in manufacturing and procurement do not align.
The Logistics of Logistics
NOVEMBER 5, 2021
Original article: Warner’s Top Transportation & Logistics Influencers. In light of the global environment in the past year and a half, we listed the top transportation & logistics influencers. The road hasn’t been easy for the transportation and logistics industries. miles of freight is expected to reach 7.67
Precoro
JANUARY 29, 2024
As the department overseeing an organization's external expenditure, procurement is responsible for softening the impact of inflation. In this article, we will discuss how a robust procurement management plan can help address and mitigate the effects of inflation. Procurement methodology. Objectives and scope.
Logistics Viewpoints
OCTOBER 15, 2015
Supply Chain professionals have a tremendous amount of demands and pressures to be aware of and transportation procurement is one of those pressures. The logistics marketplace is dynamic and demands attention to truly optimize and enable strategic advantage. Let’s consider some constraints.
GlobalTranz
MAY 7, 2019
Making changes that promote effective inbound logistics management can have a significant impact on your organization’s procurement department and team members. The post How More Effective Inbound Logistics Management Improves Procurement in the Supply Chain appeared first on Transportation Management Company | Cerasis.
Supply Chain Shaman
NOVEMBER 9, 2023
First great insight from John McNiff: digital mature companies have lower DIO, IBP supports them!” ” My question is, “What is a digitally mature company? I have built five such systems for companies. I just went live this year with a Fortune 25 company, and their factories book against their orders online.
ivalua
FEBRUARY 11, 2021
A recent survey that Ivalua did in the UK, “ Gaining the green view, How smart procurement can kick-start sustainability initiatives ” showed that 87% of UK businesses see “greener” supply chains as a competitive advantage. How can large companies address sustainable Supply Chain strategies?
ModusLink Corporation
SEPTEMBER 1, 2023
Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. Supply chain optimization software can help companies navigate challenges, streamline operations, and achieve sustainable success. But what does that mean for future strategies in procurement ?
SCMDOJO
JULY 3, 2023
In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!
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.
GlobalTranz
JUNE 19, 2018
These rates will have natural implications for smaller shippers seeking to lower overall transportation and freight spend, and paired with a “blurred lines between peak shipping and shopping seasons,” shippers will experience increasing trouble when trying to procure full truckload capacity. Conducting annual procurement exercises.
Talking Logistics
JUNE 19, 2022
Some companies drown in it, while others find a way to convert data into business value. One area where data plays a critical role is in transportation procurement. How does data connect to procurement connect to profitability? Some companies drown in it, while others find a way to convert data into business value.
Precoro
MARCH 31, 2023
March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.
MercuryGate
JULY 25, 2023
Managed transportation relies on third-party logistics providers to create an enhanced logistics strategy. These 3PLs can help a company optimize its logistics, supply chain efficiency, and transportation operations. The post Why a TMS Works for Managed Transportation Providers appeared first on MercuryGate International.
ShipBob
JANUARY 6, 2023
That’s where transportation management systems, or TMS, comes in. In this post, we’ll take a closer look at what a transportation management system is, why it’s important, and how you can choose a provider. What is a transportation management system (TMS)? Transportation management systems can perform a variety of functions.
The Logistics of Logistics
DECEMBER 8, 2023
a leading logistics and transportation company. Kevin joined Ryder in October 2015 and led Ryder’s outsourced transportation procurement activity as senior director. About Ryder Ryder System, Inc. (NYSE: R) is a leading logistics and transportation company.
Logistics Viewpoints
AUGUST 8, 2022
Emerge is that kind of company. Emerge has an interesting new platform to deal with the problems shippers are having procuring truck capacity. The vocabulary used in transportation can be confusing. Shippers” are companies that have goods that need to be transported. Carriers” are companies that trucks.
Talking Logistics
MAY 16, 2022
So, why do some companies seem to be drowning in it, while others find a way to convert it into business value? One area in particular where data plays a critical role is in transportation procurement. Today, supply chain and logistics professionals are awash in all kinds of data. How does analyzing data effectively connect.
Talking Logistics
DECEMBER 16, 2019
There has been a lot of discussion the past couple of years about digital transformation, which is impacting all aspects of supply chain management, including procurement. What’s new and different with procurement in this digital age? How can external partners help companies achieve excellence in procurement?
Logistics Viewpoints
OCTOBER 20, 2022
At the same time, a retailer whose product demand drops sharply has less need for transportation capacity and therefore tenders lower volumes to contracted carriers. The frequency of RFP events is only one area that can be improved as shippers look for a better way to manage freight procurement processes.
CHAINalytics
NOVEMBER 23, 2020
If your company has decided to tender its freight to secure new contract rates for 2021, you’ve got your work cut out for you. And, what should you do about those COVID-related swings in your historical … The post Freight Procurement in a Pandemic: Preparing for the Bid appeared first on Chainalytics.
Supply Chain Shaman
NOVEMBER 15, 2023
The lack of interoperability between decision support platforms is a problem for companies attempting to improve decisions from the channel to supplier bi-directionally through technology. FactSet reports that 66% of companies in Q3 2023 beat revenue guidance. The question is, how can a company not meet guidance?
MercuryGate
APRIL 1, 2021
And the first step that supply chain managers must implement to align organizations with modern trends is to understand transportation technology analytics. At the heart of many successful companies lies shareholder support for the supply chain network and the effective use of data, especially concerning those solutions that […].
TMC
AUGUST 23, 2017
As companies expand globally through mergers or organic growth, many are faced with the decision of whether or not to combine logistics teams and apply a universal truckload procurement strategy across multiple regions. To obtain the most effective results, best practice requires adaptations to truckload procurement strategies.
Precoro
NOVEMBER 7, 2022
In order to run a successful business, you need a dedicated procurement team to obtain these essential goods and services, ensure timely delivery, and nurture good relationships with your vendors. Paying for offices, utilities, technology subscriptions, and cleaning services is also part of the procurement team's responsibility.
Precoro
SEPTEMBER 6, 2021
This month, we continue our Procurement Basics series and would like to introduce our readers to yet another set of often misused business terminology. As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Procurement. What Is Procurement Process?
The Logistics of Logistics
DECEMBER 6, 2023
Matt is the Co-founder and CEO of Loop , a modern transportation audit & pay company. About Matt McKinney Matt Mckinney is the Co-founder and CEO of Loop, a modern transportation audit & pay company. We improve transportation spend visibility so companies can control their costs and power profit.
Logistics Viewpoints
DECEMBER 4, 2023
Transportation Technology Maturity Curve This is the time of year when industry analysts and technology pundits make predictions about the future. McKinsey & Company, a worldwide management consulting firm, has done the same. More advanced solutions include real-time transportation visibility, route optimization, and telematics.
ProcurePort
JUNE 29, 2022
• Robust and flexible procurement strategy can help you reduce operational and logistical experiences and equally serve as a competitive advantage. Today, supply chain and transportation costs amount to 60% to 70% of total sales, depending on the company and industry. •
NC State SCRC
FEBRUARY 13, 2023
I am working on a new book focused on the sales and procurement relationship in supply chains with my friend Howard Richman, who has a wealth of experience working for companies like Merck, Citrix, and others. Serviceability – What are the elements of delivery, warehouse operations, and transportation performance?
Talking Logistics
MAY 20, 2013
Many companies have collaborative planning and forecasting processes with suppliers and manufacturing partners, but very few companies translate demand and production forecasts into transportation capacity requirements. Watch as Adrian discusses: Two key reasons why transportation forecasting has been a challenge to implement.
Supply Chain Shaman
APRIL 18, 2023
Yes, we have achieved greater normalcy in transportation. Companies needed quicker answers with better insights, but current organizational processes are slow, putting supply chains on the back foot. In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. What is normalcy?
CHAINalytics
FEBRUARY 22, 2022
Many publications and companies are doing the usual new year outlook pieces offering prognostications for what to expect in the coming months from a budget, service, or industry perspective. Well, it’s that time of year again.
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