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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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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.

Freight 102
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Supply Chain Risk Report: Ukraine-Russia Conflict

Resilinc

But the risk of war is already impacting supply chains, and an invasion of Ukraine by Russia would trigger extensive and enduring disruptions which supply chain and procurement managers should assess and prepare for. Russia produces about 12% of the world’s oil and is Europe’s largest natural gas supplier.

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55 Supply Chain & Logistics Experts You Should Follow on Social

The Logistics of Logistics

Fuller is the Founder & CEO of Freightwaves, a media and intelligence platform sharing up-to-the-minute news, commentary, and data analysis on the freight forwarding industry. . Good serves as an advisor, consultant, influencer, and evangelist for all things procurement. freight agents. . Twitter: @FreightAlley.

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Bring Out the Best in Your Supply Chain

Kinaxis

Professor of Supply Chain Procurement at Rutgers University), the article discusses some key traits held by the best supply chain managers. The Port of New York and New Jersey was hit hard, and they “had about 24 hours’ notice before Sandy hit,” she said. Featuring research by Arash Azadegan (Ph.D, Strauss-Weider Inc.,

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2022: A Look in the Rearview Mirror–Part I

American Global Logistics

This was evident with the creation of a new report from the New York Federal Reserve. For example, at the Port of New York New Jersey (NYNJ), port officials announced a new penalty feels for empty containers with lengthy dwell times. 5 The modal shift to air freight from ocean freight.

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A Time for Unfiltered Straight Talk

Supply Chain Matters

Frequent readers of the Supply Chain Matters blog may recall one metaphor that this Editor has invoked over the past three years – the Eagle ’s tune, In a New York Minute ( Everything Can Change ). Everything is a little out of sync right now. ”. Additional Thoughts.