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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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Freight Benchmarking: What Is It? Why Do It?

Logistics Bureau

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. So how can you be sure you’re getting the best freight rates possible?

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

The Logistics & Supply Chain Management Society

DB Schenker Singapore has also cemented the position as a key pillar in Singapore’s logistics ecosystem, being the number one air exporter (for freight forwarding) and attaining market leadership in ocean freight as well. The contributions of DB Schenker Singapore toward Singapore’s status as a global trade hub have not gone unnoticed.

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Mars Wrigley’s Highly Successful Supply Chain Digital Transformation

Logistics Viewpoints

Mars Wrigley chose Transplace, now UBER Freight, for North America and a partnership with Maersk/E2Open for ocean freight. This exercise was previously a cumbersome manual exercise done on a weekly basis for the top 45 stock keeping units (SKUs). The analysis was not all that accurate. Planners are far more efficient.

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Blog Series: The Ultimate Guide to Supply Chain Resiliency, Part 4 – Institutionalize

Resilinc

Institutionalizing is when the support of your stakeholders and C-level leaders deepens because they see the SCRM program is achieving its metrics. The key to Institutionalizing your SCRM program is achieving ongoing successes as measured by the metrics agreed to in the Plan—and ensuring that leaders and stakeholders validate these successes.

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A ‘Beached Whale’ in the Suez Canal: Stuck Working Capital

NC State SCRC

This monster ship, which is as long as the Empire State Building and weighs about 200,000 metric tons, became stuck due to high winds, and no one seems to be able to get it out. Well, what about air freight? Can’t we just pay more for premium freight. It may take weeks, by some estimates.