Supply Chain Matters

APRIL 7, 2023

freight rates have reached their lowest levels in nearly six years. In essence, it is confirmation of a freight recession condition. Freight Rates Reach Six Year Low Milestone first appeared on The Ferrari Consulting and Research Group / Supply Chain Management. percentage points below the February value of 54.7,

Freight 52

Freight Manufacturing Procurement Supply and Demand Nevada 52

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. One of the problems that often emerges in organizations is not only misalignment between procurement and supply chain, but also between senior executives and their managers.

Supply Chain Execution 98

Supply Chain Execution Procurement Analytics Procurement Solutions Optimal Sourcing 98

GlobalTranz

SEPTEMBER 23, 2021

High freight volumes across all industries in the trucking market are expected to continue into 2022.? The added strain on resources is on track to force high freight volumes to continue well into the next year. on-highway diesel fuel prices are up $0.898 from the end of August 2020. Carrier Vetting for OTR Freight.

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Logistics Bureau

NOVEMBER 1, 2021

Does your supply chain depend on container freight shipping? At Logistics Bureau, we have supply chain consultants available to help you improve volume forecasting and attain the most favourable container freight rates possible, even during this period of pandemic-induced turmoil. Adjust to a Carrier-centric Freight Market.

Forecasting 78

Forecasting Negotiating Skills Cost Reduction Strategies Freight 78

Shipsy

APRIL 9, 2020

Rate Procurement Through Inquiries In these testing times, shippers are now exploring spot rates in Shipsy’s Inquiry module to transport their goods. April 9, 2020. How the Covid-19 Crisis is Moving the Shipping Industry Towards a Spot Driven Rate Procurement Model and Reduce Cost through Shipsy’s Inquiry Module.

Optimal Sourcing 98

Optimal Sourcing Modeling Cost Reduction Strategies Vendor Strategies 98

GlobalTranz

APRIL 30, 2021

CVSA-certified inspectors will commit a blitz of inspections across North America, creating a sudden strain on resources for both domestic and cross-border freight. Consolidate parcel and LTL freight to reduce wasted space and tap additional capacity. Also known as the CVSA roadcheck, it spans three days.

Resource Reduction 297

Resource Reduction Waste Reduction Capacity Supply Chain Design Software 297

Freightos

MAY 17, 2016

Five Tech Trends That Will Change Freight. By 2020, over 50% of the global workforce will be Millennials – employees born between 1980 and 2000. Increasingly they are running procurement and logistics departments. VC ❤️ Freight Startups. Moving data better means moving freight better. A whopping $13.92

Supply Chain Planning Software 124

Supply Chain Planning Software Logistics Network Optimization Software Predictive Analytics Software Supply Chain Software 124

Veridian Solutions

MARCH 16, 2020

To ensure your organization applies data correctly and generates meaningful KPIs , supply chain leaders must know the challenges of data tracking, how it improves operational excellence, and the primary types of data to track in 2020. Challenges in Tracking Supply Chain Data in 2020. Supply Chain Data to Track Through 2020.

Supply Chain Strategy 59

Supply Chain Strategy Data Supply Chain Software Inventory Reduction 59

Supply Chain Game Changer

NOVEMBER 26, 2020

Do You Have Hidden Freight Costs? Freight Budget article and permission to publish here provided by Adam Robinson at Freightwaves. Freight costs and budget adherence are among the most important and often overlooked aspects of transportation management. Where Freight Managers Go Wrong with the Budget.

Freight 60

Freight Expense Reduction Cost Reduction Strategies Scenario Planning 60

ivalua

JUNE 1, 2022

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed by Philip Ideson from Art of Procurement to discuss the impact of the Covid-19 pandemic on Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity.

Supply Chain Planning Software 130

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software Manufacturing Procurement 130

ivalua

MARCH 16, 2021

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity. Why is visibility so important?

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 130

MIT Supply Chain

DECEMBER 15, 2020

But they do add costs and reduce the efficiency of freight networks. MIT CTL’s FreightLab believes so and is developing alternative contract formats that solidify full truckload agreements and give shippers and carriers more certainty about future freight movements. Is there a better way? A week later, on Nov. A week later, on Nov.

Freight 52

Freight Optimal Sourcing Modeling Network Optimization 52

CHAINalytics

JANUARY 20, 2020

So much so that our freight benchmarking group developed a new … The post A Trucking Economics Lesson: How rates will respond to market changes in 2020 appeared first on Chainalytics. At Chainalytics, many of our clients and partners come to us for supply chain and transportation prognostications year after year. (So

Benchmarking 64

Benchmarking Freight Groups Transportation 64

Logistics Viewpoints

FEBRUARY 26, 2024

Prior to 2020, they were paying around ten cents a mask. During 2020, Cooper was paying up to a $1.50 2020 it was just a scramble for PPE,” Dr. Runkle explained. “We So, suppliers were asked if they used carriers or their own trucks to haul freight. We had to go off contract and find our own.

Supply Chain Planning Software 248

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 248

MIT Supply Chain

MARCH 8, 2021

Why the Truck Market’s Sharp Turn Caught the Freight Industry by Surprise The MIT FreightLab’s latest industry roundtable explored the drivers behind today’s extremely tight market for truck capacity and the broader implications for supply chains. However, in U.S. No one knows when supply and demand will be back in balance,” he said.

Freight 52

Freight Supply Chain Planning Software Industrial Industry 52

Freight Plus

FEBRUARY 27, 2020

An update on how things are developing with IMO 2020/VLSFO. . In today’s state, that transparency does not exist (or rarely exists), and it makes it very difficult for Transportation Operators to budget costs for 2020. What we have seen, however, is a “normalization” of costs associated with VLSFO. About the author: ?. ?Chris

Price Reduction 52

Price Reduction Research Houston California 52

Freight Plus

FEBRUARY 27, 2020

An update on how things are developing with IMO 2020/VLSFO. . In today’s state, that transparency does not exist (or rarely exists), and it makes it very difficult for Transportation Operators to budget costs for 2020. What we have seen, however, is a “normalization” of costs associated with VLSFO. About the author: ?. ?Chris

Price Reduction 52

Price Reduction Research Houston California 52

The Logistics & Supply Chain Management Society

MARCH 21, 2023

million tons of Green House Gas) and compare them to the emissions when work at home became the norm in 2020. For two IT companies in the Warwick study, commuter emissions were actually reduced up to 97% during 2020 when most staff members were forced to work from home. Researchers at University of Warwick, U.K.

Cost Reduction Strategies 130

Cost Reduction Strategies Sourcing Strategies How To Manufacturing Procurement 130

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post is part of a , series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally.

Supply Chain Software 148

Supply Chain Software Resource Reduction Waste Reduction Cost Reduction Strategies 148

Shipsy

APRIL 9, 2020

Rate Procurement Through Inquiries In these testing times, shippers are now exploring spot rates in Shipsy’s Inquiry module to transport their goods. April 9, 2020. Is your e-commerce logistics ready for the Black Friday 2020? October 8, 2020. September 30, 2020. July 22, 2020. June 25, 2020.

Modeling 52

Modeling Optimal Sourcing Cost Reduction Strategies Material Savings 52

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

OCTOBER 14, 2021

According to the State of the Global Islamic Economy Report 2020-2021 a USD 2.4 This trend is supported by a new international halal supply chain management system standard: OIC/SMIIC 17:2020, which was launched in November 2020 by SMIIC: The Standards and Metrology Institute for Islamic Countries based in Turkey. Developments.

Pharmaceutical 237

Pharmaceutical Buyer Training Supply Chain Software Supply Chain Strategy 237

The Logistics of Logistics

JUNE 23, 2022

Above-average holiday shipping seasons in 2020 and 2021 led to an above-average returns rate in the usual Quiet Season. Shippers that do not yet have a plan in place are more likely to find most of their freight moving through the spot market in Q3 and Q4. Q2: The Produce Shipping Season. Q3: The Peak Shipping Season.

Supply Chain Planning Software 238

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 238

Logistics Viewpoints

MAY 1, 2023

On April 4 th , Kyle Masters – the senior manager of transportation procurement at Simmons Foods, participated in a webinar hosted by Emerge. The webinar focused on Simmons Food’s approach to transportation procurement. Mr. Masters quickly determined that a procurement event was necessary just to set a baseline.

Food 210

Food Transportation Supply Chain Network Software Logistics Network Optimization Software 210

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

In Malaysia, CEVA Logistics worked closely with L’Oréal , a major producer of luxury and consumer products, to develop a social initiative of providing jobs for the hearing impaired at our warehouse since June 2020. We also look to reduce or eliminate the use of plastic packaging.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

Supply Chain Matters

NOVEMBER 7, 2023

The advisory defined further opportunities as extended joint procurement agreements, joint operations and equipment pooling in the short-term, and joint back-offices, shared service centers and IT development over the long-term. This BCG advisory further argued that carriers had yet to tap the potential of multi-carrier capacity agreements.

Cost Reduction Strategies 59

Cost Reduction Strategies Global Industrial Industry 59

Enterra Insights

JANUARY 26, 2022

.” Three specific areas where RPA can improve processes are: • Procurement. There are at least four reasons why RPA is a compelling option to automate procurement processes: (1) RPA is quicker and cheaper to implement than many ERP projects (and requires less IT support). (2) 2) RPA provides an ROI of 30-200% in its first year.

Supply Chain Software 130

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

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

A new study by the Center for Sustainable Logistics and Supply Chains (CSLS) at Kühne Logistics University, in cooperation with the European Freight & Logistics Leaders’ Forum, clearly shows that environmental and economic objectives are not in conflict and often well aligned. 2020 has been a pivotal year in many respects.

Cost Reduction Strategies 162

Cost Reduction Strategies Price Reduction Sustainability Logistics Network Optimization Software 162

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post is part of a , series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally.

Supply Chain Software 78

Supply Chain Software Resource Reduction Waste Reduction Cost Reduction Strategies 78

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post is part of a , series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally.

Supply Chain Software 78

Supply Chain Software Resource Reduction Waste Reduction Cost Reduction Strategies 78

CHAINalytics

AUGUST 4, 2020

But what about freight transportation rates? And what can shippers expect for the rest of 2020? It almost goes without saying: A lot has changed as a result of COVID-19. How has the global pandemic impacted the trucking market?

Freight 81

Freight Transportation Global Sourcing 81

Logistics Bureau

NOVEMBER 23, 2020

By integrating AI technology, new platforms are enabling companies to streamline their transportation systems and cut the costs of freight. Procurement Communications. Leading the field are chatbots, which allow text-based interactions, for example, between procurement managers and their suppliers’ systems.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Performance Supply Chain Software Supply Chain Planning 89

Logistics Viewpoints

APRIL 22, 2022

This past Monday marked the first normal Boston Marathon since 2019, as the 2020 marathon was canceled due to the Covid pandemic, and the 2021 marathon was shifted to October with a smaller field. Of these 37 projects, 23 are in the US, which brings Amazon’s total clean energy procurement in the US from 7.2 And what a race it was.

Logistics Network Optimization Software 223

Logistics Network Optimization Software Logistics Supply Chain Planning Software Supply Chain Design Software 223

Logistics Viewpoints

FEBRUARY 8, 2022

If 2020 and if 2021 proved anything, it’s that the omni-channel selling environment is here to stay. But, as we know, supply chain conditions were far from perfect in 2020 and 2021. As just one example, Nike’s online sales grew by 75% in 2020 — but its profit margins fell from 45.5% While driving a projected $14.1

Logistics Network Optimization Software 187

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 187

ivalua

MARCH 31, 2020

And even if an order from an overseas supplier were to be filled, delivery issues would be compounded by the declining number of air and ocean freight options to move products into the U.S. And the severity of those impacts was only projected to grow beyond the first quarter of 2020.

Supply Chain Design Software 130

Supply Chain Design Software Agile and Lean Supply Chain Manufacturing Procurement Supply Chain Software 130

Freight Plus

SEPTEMBER 8, 2020

Norwell, MA – September 2020. Aborn & Company, the freight management solution, announced today that Chris Peckham has been named as Vice President of Operations for the company. Chris was Director of Supply Chain at SharkNinja where he was responsible for procurement, inventory management, and new product development.

Negotiating Skills 52

Negotiating Skills Modeling Logistics Network Optimization Software Modeling Software 52

Freight Plus

SEPTEMBER 8, 2020

Norwell, MA – September 2020. Aborn & Company, the freight management solution, announced today that Chris Peckham has been named as Vice President of Operations for the company. Chris was Director of Supply Chain at SharkNinja where he was responsible for procurement, inventory management, and new product development.

Negotiating Skills 52

Negotiating Skills Modeling Logistics Network Optimization Software Modeling Software 52