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Freight Procurement is a Different Game

Logistics Viewpoints

Procuring transportation for freight is much different than any other procurement category. The freight market is mercurial. One master of freight procurement is Kyle Masters. Mr. Master’s experience at Simmons Foods illustrates many of the distinct characteristics and challenges related to freight procurement.

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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. To thrive in this ever-evolving landscape, shippers must embrace a flexible and responsive approach.

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Flexibility in the Face of Uncertainty

Freightos

Most recently, the recent disruptions in the Red Sea that saw ocean freight rates from China to Europe by over 190% and saw transit times lengthen, sea-air services offered a strategic advantage for logistics professionals able to remain agile, by watching trends and jumping at opportunities to ensure a resilient supply chain.

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DB Schenker – Singapore: A Vital Node in Singapore’s Logistics Ecosystem

The Logistics & Supply Chain Management Society

With such dramatic reductions in flights, Singapore’s status of a logistics hub was put severely at risk. With broad-based support packages, targeting hardest-hit industries like aviation, coupled with support of a strong logistics ecosystem, reinforced by global players such as DB Schenker.

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Reimagining Logistics: Focusing on What’s Ahead, Not What Happened

Logistics Viewpoints

Challenges drive dramatic shifts in supply chain and logistics. Across many of our industries, conventional wisdom about best practices for supply chain operations and logistical networks is being challenged. Hallmarks of successful logistics transformation. Automate, automate, automate – This is not a new idea or trend.

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2021 Logistics Outlook: LTL Industry Trends

GlobalTranz

For 2021, expect the Less Than Truckload (LTL) freight market to remain volatile due to the impact of COVID-19. The fourth quarter of 2020 gives us a glimpse into the freight market forecast for 2021. LTL shippers should start 2021 prepared for higher freight rates due to LTL capacity constraints. Analyze your freight profile.

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The FreightTech Dilemma with Brad Wheeler

The Logistics of Logistics

Brad Wheeler and Joe Lynch discuss the freight-tech dilemma. Brad serves as the Senior Director of Customer Strategy at Emerge , the leading freight procurement platform. in Exercise & Wellness from Arizona State University and M.S. About Brad Wheeler. Brad’s higher education includes a B.S. About Emerge.