The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

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.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

Freightos

DECEMBER 20, 2022

The global economy has gone through an incredibly tumultuous time since 2020. The sheer influx in demand, combined with the variety of supply chain stressors, also catapulted global freight to new levels of infamy (although none perhaps as famous as the Suez Canal blockage). Freight rates as a forward looking indicator of CPI.

Purchasing Skills 156

Purchasing Skills Analysis Cost Reduction Strategies Freight 156

The Logistics & Supply Chain Management Society

NOVEMBER 15, 2021

Shipping freight across the world is a complex matter. But what is even more complicated is freight billing and handling freight payments: what a cargo owner is initially quoted is often different from what he later is asked to pay. A 2021 Cargo Owners and freight forwarders survey, confirms this. Lack of trust.

Study 246

Study Forecasting Software Freight Logistics Network Optimization Software 246

Freightos

APRIL 25, 2024

More Resources Home The Impact of Fast Fashion Giants On Air Cargo Eytan Buchman April 25, 2024 Navigating New Horizons: The Impact of Fast Fashion on Air Cargo Rates & Dynamics The intersection of fast fashion, globalized retail e-commerce, and air cargo logistics is coming to a head with Temu and Shein’s entrance to the US market.

Cargo 165

Cargo Cost Reduction Strategies Price Reduction Material Savings 165

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

The global supply chain industry has by default, a large environmental impact, through its carbon footprint. As part of the CMA CGM Group, CEVA Logistics has a global reach, which means that we can make a global difference. We pledge to adopt better ways of doing business with the aim of becoming an industry standard.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

The Logistics of Logistics

MARCH 28, 2022

The Freight Market Place with Dave Maddox. Dave Maddox and Joe Lynch discuss the freight market place. and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. Other past employers that Maddox has worked for are nVision Global, Transplace, National Freight, Inc.,

Supply Chain Network Software 192

Supply Chain Network Software Logistics Network Optimization Software Freight Predictive Analytics Software 192

The Logistics of Logistics

DECEMBER 1, 2021

Understanding Uber Freight with Raj Subbiah. Raj Subbiah and Joe Lynch discuss understanding Uber Freight. Raj is Head of Product for Uber Freight , a logistics platform built on the power of Uber with the goal to reshape global logistics and deliver reliability, flexibility and transparency for shippers and carriers.

Freight 147

Freight Optimal Sourcing Logistics Network Optimization Software Supply Chain Network Software 147

Freightos

DECEMBER 2, 2021

You might not think about shipping containers and ocean freight when you click “buy” on your Amazon order, but there’s a direct connection between the two. Starting in July 2020, the impact of this trend became obvious when ocean freight prices shot up, and have continued rising. to $0.40, or about half a percent of the sticker price.

Price Reduction 177

Price Reduction Cost Reduction Strategies Freight Supply Chain Disruption 177

Logistics Viewpoints

MARCH 3, 2021

GlobalTranz’s main service lines are freight brokerage – less-than-truckload and truckload – and managed transportation services. Robinson and Echo Global Logistics. What the heck is going on in this freight brokerage/managed transportation sector? Another company that combines freight brokerage and managed trans is Transplace.

Logistics Network Optimization Software 245

Logistics Network Optimization Software Negotiating Skills Negotiate Pricing Report 245

The Logistics of Logistics

MARCH 28, 2022

The Freight Marketplace with Dave Maddox. Dave Maddox and Joe Lynch discuss the freight marketplace. and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. Other past employers that Maddox has worked for are nVision Global, Transplace, National Freight, Inc.,

Freight 130

Freight Supply Chain Network Software Logistics Network Optimization Software Predictive Analytics Software 130

Freightos

JUNE 6, 2023

The Initial Hurdle: 2021’ Freight Fiasco During the COVID-19 pandemic, Conor from Fort Toys , like many other entrepreneurs, found himself dealing with skyrocketing demand… and skyrocketing freight costs. to 0.85 (Source: ShipBob ). One of the most prominent shifts has been sourcing patterns. The key takeaway?

Manufacturing Procurement 248

Manufacturing Procurement Optimal Sourcing Inventory Reduction Supply and Demand 248

Enterra Insights

MAY 16, 2022

Many pundits insist that anyone who believes the global supply chain is going to return to normal is suffering from this form of insanity. The global supply chain doesn’t adjust well to unexpected or unusual incidents — so-called black swan events. ”[4]. ”[4]. Build value network capabilities.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Alloy Supply Chain Software 130

Talking Logistics

AUGUST 4, 2015

Many companies operating in the United States have achieved an inclusive look into their transportation spend, but unfortunately many companies that do business on a global level have struggled to achieve full freight process management. Understand the true size and scope of global transportation networks.

Supply Chain Planning Software 100

Supply Chain Planning Software Optimal Sourcing Supply Chain Network Software Freight 100

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Ocean Risk Management part 2: Navigating Global Shipping Alliance The shipping industry continues to evolve. In this article we will focus on another key development in the shipping industry: Global Shipping Alliances (GSAs). In recent years there has been a focus on Green Shipping and sustainability to decarbonize the shipping market.

Risk Management 130

Risk Management Negotiating Skills Vendor Strategies Resource Reduction 130

Supply Chain Matters

AUGUST 30, 2023

The Ferrari Consulting and Research Group, via its affiliated Supply Chain Matters blog calls reader attention to two recently published research papers that address evidence of ongoing shifts in global supply component and end production sourcing. The data is quite extensive in terms of scope and activity levels. imports peaked at 21.6

Sourcing Strategies 59

Sourcing Strategies Global Price Reduction Vietnam 59

Logistics Viewpoints

NOVEMBER 8, 2023

FourKites , the global leader in real-time supply chain visibility, has launched a Sustainability Dashboard where companies can see miles traveled to create a baseline for emissions. The dashboard is part of a broader Sustainability Hub, which allows companies to collaborate and access freight emissions from FourKites tracked freight.

Benchmarking 217

Benchmarking Sustainability Optimal Sourcing Sourcing Strategies 217

Supply Chain Matters

NOVEMBER 7, 2023

Supply Chain Matters provides highlights of the realities of higher number of vessels among global ocean container shipping lines meeting contracting shipping demand levels that are now leading to headcount and schedule reductions. Background Ocean container shipping and logistics are the lifeblood of global supply chain movements.

Cost Reduction Strategies 59

Cost Reduction Strategies Global Industrial Industry 59

Logistics Viewpoints

JULY 26, 2022

Supply chains have experienced significant disruptions in the first half of 2022, from a global pandemic to wars, rising fuel costs, and a potential recession. Shippers, despite all obstacles, are expected to reduce freight spending, drive efficiency, and improve customer service every year with incremental improvements year-over-year.

Optimal Sourcing 238

Optimal Sourcing Supply Chain Design Software Sourcing Strategies Cost Reduction Strategies 238

Supply Chain Game Changer

JANUARY 18, 2022

For many years the predominant priority in sourcing has been finding the lowest cost possible. What is the appropriate sourcing strategy going forward? Should you keep work in low cost geographies, establish sources in multiple geographies, or on-shore work into high cost domestic countries? Geographic Sourcing History.

Manufacturing Procurement 93

Manufacturing Procurement Sourcing Strategies Cost Reduction Strategies Optimal Sourcing 93

Supply Chain Matters

OCTOBER 19, 2023

Bloomberg, The Wall Street Journal and other industry specific media are reporting that Seattle based digital freight start-up services provider Convoy is preparing for a possible sale or other action. Both reports cite declining freight industry demand and increased competition among start-ups in this digital freight and logistics segment.

Logistics Network Optimization Software 59

Logistics Network Optimization Software Report Freight Demand Planning Software 59

Supply Chain Shaman

JULY 15, 2021

While I was able to hug friends again at the wake and I will host my Supply Chain Insights Global Summit in September, the supply chain leader is only ½ way through the COVID-19 response. Only 9% of Global Multinationals design supply chain flows. Globally, 39.3% Labor shortages abound for road freight. Price Increases.

Supply Chain Design Software 367

Supply Chain Design Software Supply Chain Planning Software Price Reduction Forecasting Software 367

CHAINalytics

MARCH 3, 2022

The beer giant partnered with Chainalytics to harmonise its worldwide logistics sourcing efforts. To align its logistics efforts around the world, the brewer explored developing a global logistics procurement … The post Global Brewer Taps Chainalytics to Optimise Transport Logistics Procurement appeared first on Chainalytics.

Optimal Sourcing 107

Optimal Sourcing Procurement Sourcing Strategies Transportation 107

3rdwave

NOVEMBER 29, 2018

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. In a constantly shifting and competitive global trading environment, it is increasingly important to control all costs across the entire supply chain.

Optimal Sourcing 88

Optimal Sourcing Global Transportation Negotiating Skills Supply Chain Optimization 88

Freightos

AUGUST 31, 2016

Bringing Freight Online With WebCargoNet And Freightos. But this story is more about a vision for a better future of freight, than just another acquisition. There’s unprecedented volumes of global shipments , growing international trade, more flexible supply chains, and easier sourcing than ever before (Alibaba, anyone?).

Freight 188

Freight Logistics Network Optimization Software Air Software Optimization Software 188

The Logistics of Logistics

OCTOBER 12, 2022

Anthony is the Chief Economist for FreightWaves , the leader in global supply chain market intelligence. Anthony Smith is the Chief Economist for FreightWaves, the leader in providing global supply chain market intelligence. Anthony Smith is the Chief Economist for FreightWaves, the leader in global supply chain market intelligence.

Analytics Software 182

Analytics Software Forecasting Software Logistics Network Optimization Software Supply Chain Software 182

3PL Insights

NOVEMBER 15, 2021

Amidst all of these stories of shortages and bottlenecks, we thought it would be helpful to explain the basics of shipping ocean freight. In this article, we will explain the shipping process, identify the different types of cargo, and show the benefits of ocean freight shipping. What is Ocean Freight? Benefits of Ocean Freight.

Freight 98

Freight Manufacturing Procurement Cargo Shipping 98

Logistics Viewpoints

APRIL 19, 2024

waters in recent years Ocean freight rates expected to jump after Iran seizes containership Walmart Canada is launching a national pilot program for customers to recycle their reusable shopping bags. Baltimore is not included in Global Port Tracker’s national totals because its data is reported later than other ports.

Logistics Network Optimization Software 201

Logistics Network Optimization Software Logistics Baltimore Canada 201

Supply Chain Game Changer

AUGUST 19, 2022

The modern supply chain is global and often depends on Russia for production, either equipment or materials. Sanctions make these elements harder to procure elsewhere while preventing many companies from using existing Russian sources. In many instances, alternative sources are limited. In a recent document , the U.S.

Russia 97

Russia Supply Chain Optimization Global Optimal Sourcing 97

Freightos

MARCH 17, 2019

The annual fixed-price contract is the current go-to for ocean freight procurement. Fixing a price is almost futile in a volatile market, and ocean freight now has much more volatility (both frequency and magnitude) than most other commodities. Source: SGX, Freightos Baltic Index. Source: Freightos Index Linking Survey.

Optimal Sourcing 120

Optimal Sourcing Procurement Freight Price Reduction 120

DELMIA Quintiq

AUGUST 15, 2023

With its environmental advantages, rail is answering the call in addressing challenges of sustainability, mass passenger transit and freight mobility. There is no doubt that the rail freight industry offers a sustainable alternative to highway transport, with a single freight train able to move the equivalent of over one hundred trucks.

Rail Software 156

Rail Software Sustainability Optimal Sourcing Sourcing Strategies 156

Freightos

DECEMBER 19, 2017

Air Freight Rates Peak, Ocean Rates Slowly Sink: Freight Rate Update Wk 50. Beyond bad weather and peak season, there are several other contributing factors for the air freight increase, including brisker world trade, burgeoning cross-border e-commerce, and air freight growth for several non-retail sectors.

Freight 122

Freight South America Europe China 122

Supply Chain Shaman

APRIL 18, 2023

The global supply chain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. In March 2023, the Global Supply Chain Pressure Index fell to the lowest level since November 2008. However, variability and global unrest is rising. Build in-market sourcing.

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 374

Intelligent Audit

MARCH 21, 2022

Of all the details shippers and businesses have to manage and track, transportation costs and freight audits can be the most overlooked and impactful. Optimizing freight transport and hauling services with freight contracts can be done by taking the following steps to ensure accuracy in auditing and management. ?

Optimal Sourcing 52

Optimal Sourcing Optimization Software Supply Chain Optimization Network Optimization 52

Intelligent Audit

MAY 23, 2022

On March 14, 2022, McKinsey and Company proposed four future recovery scenarios, summarizing that, “Container freight rates will remain elevated throughout most of 2022 while the containerized logistics disruption persists.” What Are Freight Costs in Accounting? Common Challenges of Freight Accounting.

Optimal Sourcing 52

Optimal Sourcing Network Optimization Software Freight Logistics Network Optimization Software 52

Resilinc

DECEMBER 21, 2023

Understand how the recent Red Sea ship attacks are impacting global supply chains and how to mitigate potential risks. Mediterranean Shipping Company (MSC): A global shipping and logistics company. Evergreen: Headquartered in Taiwan, Evergreen is a global shipping company. Rerouted to the Cape of Good Hope (Dec 15).

Supply Chain Planning Software 61

Supply Chain Planning Software Shipping Supply Chain Software Logistics Network Optimization Software 61

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

Strategic Priorities for Post Pandemic Supply Chains by Mark Millar, Keynote Speaker, Professional Moderator, Trusted Advisor, Visiting Lecturer, Commissioned Author Global Supply Chain Ecosystems Cumulative disruptions have exposed the profound interdependencies and inherent vulnerabilities in today’s very complex, global supply chains.

Supply Chain Software 130

Supply Chain Software Supply Chain Strategy Sourcing Strategies Supply Chain 130

Supply Chain Matters

DECEMBER 20, 2023

Supply Chain Matters alerts clients and readers to a potential replay of the 2021 disruption in global shipping and cascading supply chain disruption as a result of recent events. The somewhat good news is that global freight volumes have contracted considerably from what they were in 2021. All rights reserved.

Global 52

Global Panama Asia 52