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7 Ways to Strategically Elevate Freight Procurement

Talking Logistics

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. As a strategic process, transportation procurement may still seem very tedious and challenging. Be demand driven.

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This Week in Logistics News (April 2 – 8)

Logistics Viewpoints

Employees at an Amazon warehouse on New York’s Staten Island voted late last week to join a union, which is a painful defeat for the e-commerce giant that has aggressively fought unionization efforts in recent years. At the same time, the number of suppliers in China that received procurement bids declined by 9 percent in 2021.

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

ToolsGroup

Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. 49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market. Raw Material Shortages Are Affecting a Challenged Supply Chain.

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This Week in Logistics News (July 2 – 8)

Logistics Viewpoints

Although the company has not disclosed details, it is believed to be having trouble procuring parts for Bluetooth wireless communications components used in the controllers and main units as well as analog chips for controlling currents. Nintendo is having negotiations on procurement, but the outlook is uncertain.

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How Freight Disrupted Itself: The View From Within A Changing Industry

Freightos

How Freight Disrupted Itself. In the last year, a new dynamic has begun to reshape the freight industry. Phil knows his (freight) stuff. In his PhD thesis he developed a product to secure ocean freight rates with financial derivatives. Declining Freight Rates. Suddenly the freight industry is not so opaque.

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Federal Reserve GSPI Index Drops Significantly in April

Supply Chain Matters

The Supply Chain Matters blog highlights a further negative drop in the New York Federal Reserve’s Global Supply Chain Pressures Index ( GSPI ). freight and logistics recession , we called attention to reports that the Logistics Manager Index (LMI) for April reached an all-time low of 50.9,

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Boeing’s Production Quality Crisis Significantly Escalates

Supply Chain Matters

We do so in the lens of supply chain management and manufacturing. According to a published report by The New York Times , the FAA’s audit: “ explored how well Boeing’s employees understood the company’s quality control processes.” All rights reserved.

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