Freightos

JANUARY 15, 2024

The implication for global freight beyond the now typical uncertainty is predictably elevated operational costs and soaring freight rates. A significant majority – 70% – reported a return to normalcy in logistics operations, with 40% experiencing conditions that were even better than those they experienced pre-pandemic.

Negotiating Skills 285

Negotiating Skills Optimal Sourcing Price Reduction Vendor Strategies 285

GlobalTranz

JUNE 19, 2018

Unfortunately, the use of full truckload shipments and expenditures have hit an all-time high, reports Kate Patrick of Supply Chain Dive. Decreasing capacity and increasing full truckload rates are expected to increase throughout 2018, reports Freight Waves. Conducting annual procurement exercises. Download eBook.

Procurement Solutions 175

Procurement Solutions Procurement Analytics Capacity Procurement 175

Supply Chain Matters

APRIL 10, 2024

Supply Chain Matters calls reader attention to a report by Bloomberg indicating that upwards of 14 percent of Apple iPhone production, equating to $14 billion, is now being produced within India. The report observes that the likes of Alphabet , Cisco Systems , Google and Tesla have each “ been keen to make hardware ” within India.

India 59

India Manufacturing Procurement Report Sourcing Strategies 59

The Logistics of Logistics

DECEMBER 1, 2023

Mark’s 35 years in transportation and logistics includes 17 years of experience with Transplace (now Uber Freight), where he held the position of Sr. An experience that was built by freight practitioners for freight practitioners. Freight Settlement Automation: Simplify and streamline freight payment process.

Optimal Sourcing 217

Optimal Sourcing Supply Chain Planning Software Optimization Software Analytics Software 217

Freightos

FEBRUARY 28, 2024

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.

Los Angeles 156

Los Angeles Negotiating Skills Cost Reduction Strategies Price Reduction 156

The Logistics of Logistics

JULY 27, 2022

and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. Mark McEntire is the Senior Vice President of Operations at Emerge , a freight technology firm that is reinventing freight procurement. About Mark McEntire . Mark earned a B.S. About Emerge.

Logistics Network Optimization Software 185

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The Logistics of Logistics

AUGUST 28, 2023

Her supply chain and traditional G&A consulting background bring a unique perspective to clients who must work across their organizations to drive supply chain initiatives with Procurement, IT, Operations, and the C-suite. At DAT, she has been instrumental in growing the shipper practice. The Greenscreens.ai

Logistics Network Optimization Software 240

Logistics Network Optimization Software Analytics Software Supply Chain Planning Software Supply Chain Network Software 240

GlobalTranz

NOVEMBER 30, 2021

Capturing carrier data gives you more visibility into your freight spend and enables you to make data-driven decisions that positively impact your business. Download the White Paper: Over the Road Freight Management Trends. Identify and Apply Freight Consolidation Opportunities. Track Carrier Performance Data. a shipment?doesn’t

Optimal Sourcing 221

Optimal Sourcing Rail Software Transportation Sourcing Strategies 221

Supply Chain Matters

APRIL 7, 2023

freight rates have reached their lowest levels in nearly six years. What was eye catching in the report was that the March reading the was the lowest in the six and one-half year existence of the LMI index. In essence, it is confirmation of a freight recession condition. percentage points below the February value of 54.7,

Freight 52

Freight Manufacturing Procurement Supply and Demand Nevada 52

Resilinc

FEBRUARY 22, 2022

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. The post Supply Chain Risk Report: Ukraine-Russia Conflict appeared first on Resilinc.

Russia 104

Russia Ukraine Scenario Planning Supply Chain Planning 104

Freightos

SEPTEMBER 14, 2022

The low rates that triggered Hanjin’s bankruptcy in 2017 quickly became a thing of the past, as surging demand, congestion, and a litany of global shipping catastrophes pushed ocean freight rates into the stratosphere. Including, of course by leveraging global freight tech for BCOs. The Weekly Freight Update. View weekly update.

Logistics 156

Logistics Cargo Comparison Freight 156

Supply Chain Game Changer

OCTOBER 29, 2020

Do You Have Hidden Freight Costs? Freight sourcing team article and permission to publish here provided by Katharine Barrios at xeneta.com. Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. Use of Freight Rate Benchmarking.

Sourcing Strategies 75

Sourcing Strategies Negotiating Skills Optimal Sourcing Negotiate Pricing 75

20Cube Logistics

FEBRUARY 17, 2022

The rapid rate of technological change and faster access to a greater amount of data are resulting in a transformation of the freight forwarding process. This involves procuring details of shipments at various times, and various legal requirements. Considering cost-saving opportunities such as freight consolidation.

Freight 75

Freight Resource Reduction Cost Reduction Strategies Inventory Reduction 75

Elementum

JUNE 30, 2022

Welcome to Elementum’s Supply Chain Market Report. Supply Chain Market Report – July 2022 This edition will cover: The signs of looming stagflation How executives can prepare their supply chains The imminent problem of staffing shortages The latest use of drones in supply chain Notable changes in the leadership ranks.

Procurement Analytics 78

Procurement Analytics Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 78

Logistics Bureau

APRIL 4, 2022

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?

Benchmarking 68

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 68

Procurement Academy

AUGUST 17, 2021

For those of us working in the field of supply chain and procurement education, it’s an open secret. But the same is most emphatically not true of supply chain and procurement. carbon freight?carrying It’s difficult enough being definitive about the supply chain and procurement skills and competencies that matter most today.

Buyer Training 93

Buyer Training Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 93

Supply Chain Game Changer

SEPTEMBER 9, 2020

Digital Procurement article and permission to publish here provided by Katherine Barrios of xeneta.com. The Hackett Group has recently released their analysis of their procurement benchmarking database. It demonstrates the advantages of working with a digital procurement strategy. Important Digital Procurement Trends.

Optimal Sourcing 58

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Procurement 58

NC State SCRC

MAY 30, 2022

The report was published in the last month, and reflects some of the increasing challenges and disparities that exist between procurement and supply chain executives. In this study, we explore the primary forms of misalignment that exist between supply chain and procurement executives. (We

Supply Chain Execution 98

Supply Chain Execution Procurement Analytics Procurement Solutions Optimal Sourcing 98

Supply Chain Shaman

APRIL 18, 2023

As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. If you click the link, please be assured that all responses are reported in aggregate, and the names are anonymous.

Supply Chain Planning Software 374

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

GlobalTranz

SEPTEMBER 17, 2015

At Cerasis we work with our shipper customers who procure items every day and have needs for inbound freight management as they secure those products from their vendors. Increasingly, as we work with procurement folks at these companies, we are hearing that technology for better communication and to create more efficiency.

Optimal Sourcing 120

Optimal Sourcing Procurement Sourcing Strategies Waste Reduction 120

Supply Chain Matters

MAY 22, 2023

freight and logistics industry continues to mitigate recessionary conditions including the April 2023 Logistics Manager Index reaching its lowest level lowest level in six years and one-half years. freight, logistics and parcel movement industry. The April report commentary took note that European and U.S.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

Supply Chain Matters

JUNE 23, 2023

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 34th Annual State of Logistics Report to organization members and the industry as a whole. Background As our readership is likely aware, this report provides a snapshot of the U.S.

Procurement Analytics 40

Procurement Analytics Report Negotiating Skills Purchasing Skills 40

Proxima

NOVEMBER 7, 2022

The starting point for all conversations about defence procurement must be that Western Europe faces its greatest security threat since the Cold War. Ensuring that the UK is ready for whatever may come is at the heart of what the UK’s defence procurement industry does. Yet its task has got even harder over recent years.

Procurement 52

Procurement Military Ukraine Global 52

GlobalTranz

JUNE 23, 2021

As reported by the? the past 13 months of sustained rising freight demand and widespread shortage of labor up-and-down supply chains has brought the LTL trucking sector, and the shippers that depend on it to move palletized shipments, to a turning point.”. freight and delivery needs. State of the LTL Market. TMS technology.

3PL 253

3PL Transportation Supply Chain Planning Software Real Estate 253

Intelligent Audit

AUGUST 25, 2022

It has always been essential to have visibility into freight spending. Freight audit & payment (FAP) providers have long paved the way to gaining this visibility by looking at shipping invoices and breaking down freight spend. What Is Freight or Transportation Spend Management?

Real-time Visibility 52

Real-time Visibility Transportation Management Supply Chain Planning Software Optimization Software 52

GlobalTranz

JULY 28, 2021

Shipment planning and execution capabilities that can be used to optimize shipments in real time, route freight, track carrier rates, manage the inbound flow of goods and integrate with the dozens, if not hundreds, of possible vendor platforms. Transportation optimization is part of enabling proactive supply chain management.

Optimal Sourcing 317

Optimal Sourcing Optimization Software Network Optimization Supply Chain Optimization 317

GlobalTranz

OCTOBER 16, 2015

, at Cerasis, we know a thing or two about the nuances of LTL procurement. LTL procurement is something we do very well. So we thought we would impart upon all the shippers out there some tips on how to reduce overall costs for effective LTL Procurement. BONUS : Download the Guide To LTL Freight Mangement White Paper.

Negotiating Skills 120

Negotiating Skills Price Reduction Cost Reduction Strategies Optimal Sourcing 120

The Logistics of Logistics

NOVEMBER 5, 2021

miles of freight is expected to reach 7.67 He is also the Founder and Co-Director of the MIT FreightLab – a research initiative that works on improving the way freight transportation is designed, procured, and managed. In fact, the logistics market is expected to reach US$6.9 trillions of ton-miles by 2045 (Statista).

Logistics Network Optimization Software 147

Logistics Network Optimization Software Transportation Supply Chain Design Software Supply Chain Planning Software 147

The Logistics of Logistics

DECEMBER 6, 2023

Matt drew upon his background at Uber Freight to tackle the massive problem of building a new structure for the legacy transportation payment system that supports the global supply chain. About Matt McKinney Matt Mckinney is the Co-founder and CEO of Loop, a modern transportation audit & pay company.

Logistics Network Optimization Software 222

Logistics Network Optimization Software Logistics Analytics Software Gartner 222

Supply Chain Matters

SEPTEMBER 6, 2022

The Wall Street Journal reported this week (Paid subscription or metered view) that ocean container freight rates related to the most active global shipping lanes continue to decline amid what is traditionally considered the peak shipping period leading up to the holiday fulfillment season in the November-December period. Bob Ferrari.

Report 52

Report Global Scenario Planning Forecasting 52

Freightos

MARCH 12, 2024

More Resources Home March 12, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. The latest National Retail Federation report shows that N.

Negotiating Skills 281

Negotiating Skills Optimal Sourcing Asia Europe 281

Logistics Viewpoints

JULY 26, 2022

Shippers, despite all obstacles, are expected to reduce freight spending, drive efficiency, and improve customer service every year with incremental improvements year-over-year. Many analysts report that shippers are increasingly looking at digital solutions to improve supply chain performance. Ease of use is also essential.

Optimal Sourcing 237

Optimal Sourcing Supply Chain Design Software Sourcing Strategies Cost Reduction Strategies 237

Supply Chain Matters

MAY 10, 2022

Moeller Maersk report of Q1-2022 financial performance provides indications of what multi-industry supply chain management teams can expect for the remainder of 2022 in the area of ocean container transportation. based Pilot Freight Services for a reported 47.1 Global shipping services provider A.P. billion, an increase of $6.9

Freight 52

Freight Forecasting Russia Logistics Network Optimization Software 52

Talking Logistics

AUGUST 16, 2021

Editor’s Note: The following is an excerpt of a research report published last week, “Powered by the Network A Platform Approach to Matching Freight Demand with Capacity More Efficiently.” Read more We’re Not in 1980 Anymore: Time to Innovate Transportation Procurement.

Procurement 167

Procurement Innovation Transportation SCM 167

Freightos

NOVEMBER 11, 2021

More on Maersk’s transition to an end-to-end provider can be found in this 2020 report. Late 2021 saw Maersk continue to shift towards vertical integrations, with acquisition of Senator, a German freight forwarder for $644 million dollars. While Facebook is looking at virtual reality, Alibaba and Amazon are looking more at freight.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Organisations that have successfully implemented RPA initiatives report cost savings of up to 80% and time savings of up to a staggering 40%. Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Freight Management.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

The Logistics of Logistics

JUNE 23, 2022

Therefore, produce ready for shipping may be stalled due to a limited supply of equipment and trucks (hindering capacity procurement ), fewer drivers, and the pressure everywhere to move things faster, save money, and get it done without impacting the customer experience. As a result, shipping costs will undermine any potential gains.

Supply Chain Planning Software 237

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 237