CHAINalytics

NOVEMBER 23, 2020

If your company has decided to tender its freight to secure new contract rates for 2021, you’ve got your work cut out for you. And, what should you do about those COVID-related swings in your historical … The post Freight Procurement in a Pandemic: Preparing for the Bid appeared first on Chainalytics.

Procurement 148

Procurement Freight Security Company 148

ToolsGroup

FEBRUARY 7, 2021

In episode six of Be Ready for Anything, ToolsGroup’s Pre-Sales Manager for Europe, Birger Klinke, talks about what retailers should expect in 2021 and how they can leverage probabilistic forecasting and automation to adjust to a changing marketplace. What do you predict will be different for retailers in 2021? Transcript.

Predictive Analytics Software 295

Predictive Analytics Software Retail Modeling Forecasting 295

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.

Manufacturing Procurement 246

Manufacturing Procurement Optimal Sourcing Inventory Reduction Supply and Demand 246

Zipline Logistics

JANUARY 4, 2021

It was a tale of two freight markets during the past year due to the global pandemic that reshuffled consumption and commerce. We saw historic freight lows in the winter and early spring, followed by landmark highs in the summer and the remainder of the year. ” Expectations for the Trucking Market in 2021 .

Freight 52

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QAD

JANUARY 4, 2022

The Oxford Languages and Merriam-Webster dictionary folks have advanced “Vax/vaccine” as 2021’s word of the year, but we think it really should be “disruption.” 2021: A Year of Continued Disruption…for All Industries. Rise in ocean freight rates. Which were your biggest disruptions in 2021?

Manufacturing Procurement 96

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Freightos

JUNE 15, 2021

Disclaimer: This article is a zoom out for the less freight-inclined. If you have a deeper understanding of freight, you might want to check out our Freightos Baltic Index daily container index instead. Let’s talk freight. . And it’s not just ocean freight. More freight costs, higher consumer costs.

Global 395

Global Supply Chain Price Reduction Supply and Demand 395

Logistics Viewpoints

MAY 27, 2022

North American Transborder Freight up 23.8% in March 2022 from March 2021. The more cautious outlook is driven by wage and inflationary pressures, as well as increased freight costs. The US Department of Transportation reported that transborder freight between the U.S. compared to March 2021. billion, up 23.8%

Logistics Network Optimization Software 251

Logistics Network Optimization Software Supply Chain Network Software Real Estate Forecasting Software 251

Logistics Viewpoints

DECEMBER 6, 2023

Media sources are filled with prognostication. Most notably, item shortages (purple) and stockpiling (red) were large contributors to 2021-2022 volatility. However, if one pans out and takes a longer-term look at container shipping rates, it becomes evident that rates are really more “normal” now than they were over 2021 and 2022.

Predictive Analytics Software 267

Predictive Analytics Software GEP Supply Chain Software Price Reduction 267

Zipline Logistics

OCTOBER 5, 2021

According to a Logistics Management survey of industry professionals, “there is a strong sentiment that the 2021 Peak Season will be more active than it was a year ago, with 79% of respondents indicating that will be the case, with 16% contending it will be similar to 2020, and 5% expecting it to be less active.”. 8% after a decline of.1%

Freight 52

Freight Long Beach Capacity Supply and Demand 52

Freightos

OCTOBER 31, 2022

His Kickstarter campaign launched in January of 2021 and raised over $3 million dollars. . But then global freight kicked in. . It really got tricky when we hadover thousands of unitsin production and were starting to book freight and suddenly realized that the cost of freight was almost 4 or 5X what we had budgeted.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain 156

GlobalTranz

APRIL 30, 2021

The Commercial Vehicle Safety Alliance (CSVA) International Roadcheck is set for May 4-6, 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. Also known as the CVSA roadcheck, it spans three days.

Resource Reduction 297

Resource Reduction Waste Reduction Capacity Supply Chain Design Software 297

EC Sourcing Group

DECEMBER 1, 2021

Demystifying Transportation Sourcing. 9/2/2021 – Guest Blog Post from Kumar Kannan of Procural. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. This article is about creating value in transportation sourcing.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52

EC Sourcing Group

SEPTEMBER 2, 2021

Demystifying Transportation Sourcing. 9/2/2021 – Guest Blog Post from Kumar Kannan of Procural. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. This article is about creating value in transportation sourcing.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52

The Logistics of Logistics

SEPTEMBER 25, 2023

He has extensive experience in the industrial supply chain and distribution space, as he was recognized as a Supply Chain Pros to Know by Supply and Demand Chain Executive in 2021, 2022, & 2023. For manufacturers: Optimizes inventory and harmonizes data to reduce costs, improve visibility, and make better sourcing decisions.

Optimal Sourcing 263

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 263

Freightos

NOVEMBER 11, 2021

The ”end” they refer to – whether it’s forwarding, fulfillment, or platforms for B2B or B2C sales – remains fairly ambiguous, spanning an acquisition of fashion logistics company HUUB in September 2021 to an investment in rapid fashion production company Unmade. Accelerating the shift. Image via StarAir.dk). Enter Big Tech.

Price Reduction 177

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

The Logistics & Supply Chain Management Society

MARCH 16, 2021

Visibility into Tier I, II and III suppliers, de-risk by developing alternates, build practical BCPs (business continuity plans) and China + 1 sourcing strategy. Logistics hubs will re-emerge at the local/mega city level, and sub-system suppliers and component suppliers will source, assemble and deliver from their own backyards.

Pharmaceutical 246

Pharmaceutical Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 246

Turvo

FEBRUARY 2, 2021

The top trucking influencers will remain a valuable source of information. of all freight transported in the United States in 2019, equating to 11.84 of the nation’s freight bill.”. Her insight makes her one of the leading female trucking influencers as the industry moves into 2021. Nearly every good consumed in the U.S.

North America 52

North America Supply Chain Software Journal Logistics Network Optimization Software 52

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Identifying sources of Carbon emissions. These are classified into sources of emissions as Scope 1, Scope 2 and Scope 3. These are considered “indirect” greenhouse gas sources. Scope 3 emissions are the amount of carbon emitted by vendors and suppliers in your value chain, another indirect source.

Vendor Strategies 246

Vendor Strategies Purchasing Skills Pricing Training Optimal Sourcing 246

The Logistics of Logistics

JANUARY 14, 2022

SwanLeap was acquired by Transportation Insight HoldCo in November, 2021. Transportation Insight HoldCo serves customers through logistics provider Transportation Insight, LLC, and freight brokerage Nolan Transportation Group. SwanLeap was acquired by Transportation Insight HoldCo in November, 2021. Combined, the $4.3

Price Reduction 186

Price Reduction Cost Reduction Strategies Sourcing Strategies Logistics Network Optimization Software 186

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

To help our customers keep track and make informed decisions about their freight transportation options, we have developed “ a logistics eco-calculator” hosted on our website. LogiSYM Supply Chain Magazine – September 2021. Synopsis: GeTS Webinar 9th Sept 2021. Photo Credit: United Airlines. Load More.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

Zipline Logistics

MARCH 30, 2021

Following an unprecedented downturn, the freight market has posted an almost full calendar year of impressive growth spurred by demand from a few sectors of the domestic economy. The second half of the past quarter was highly atypical and posted freight volumes that vastly exceeded those generally seen during peak season.

Freight 52

Freight Manufacturing Procurement Los Angeles Purchasing Skills 52

Supply Chain Shaman

APRIL 18, 2023

As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. The peak disruption was in December 2021. Build in-market sourcing. Rationalize global strategies to focus on building markets based on in-market sourcing. However, variability and global unrest is rising.

Supply Chain Planning Software 374

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

Logistics Viewpoints

FEBRUARY 26, 2024

While getting personal protection equipment was difficult, 2021 was an even more challenging time for the supply chain team. But in 2021, “all of a sudden there were just completely random shortages that occurred with no warning.” But in 2021, “all of a sudden there were just completely random shortages that occurred with no warning.”

Supply Chain Planning Software 249

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 249

The Logistics & Supply Chain Management Society

MARCH 14, 2023

Rates are now starting to stabilise and for ocean freight especially, we are seeing rates closer to pre-COVID levels. Freight procurement is the mainstay of any supply chain professional but price is not the be-all and end-all. What tools we can use to benchmark ocean freight and carriers’ service reliability?

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

Resilinc

AUGUST 31, 2021

When it comes to the enduring congestion in freight and logistics, Akhtar and Vakil reported that the team is hearing from customers – across virtually all industries – that delays are cutting into production and revenues and freight-expedite costs are impacting profits. But COVID-19 wasn’t to blame for all disruptions.

Supply Chain Planning Software 62

Supply Chain Planning Software Pharmaceutical Supply Chain Software Modeling 62

Resilinc

NOVEMBER 2, 2021

In the race to fill distribution centers and store shelves with inventory for the holidays, some of the world’s largest retailers and ecommerce sellers are jumping ahead of smaller competitors by chartering ships, shifting freight to air, re-rerouting inland shipments, and hiring more staff for distribution centers and other supply chain nodes.

Inventory Reduction 62

Inventory Reduction Retail Cost Reduction Strategies Resource Reduction 62

Intelligent Audit

MARCH 23, 2022

In addition, the company is increasing its sourcing in Mexico and Central America and undergoing what it describes as an “end-to-end supply chain transformation.”. The post Lessons Learned from 2021 Peak Season for 2022 Planning appeared first on Intelligent Audit. Diversification Across the Board Can Help in Many Ways.

Supply Chain Planning 52

Supply Chain Planning Scenario Planning Forecasting Agile and Lean Supply Chain 52

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

IDC also forecasts that by 2023, 30 percent of Asian enterprises will ship freight using a SaaS-enabled platform, resulting in improved efficiencies in load matching and reduced shipping costs. Dynamic routing has empowered logistics providers to consider plans B, C and D, offering alternative options of ocean and air freight cargo.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Software Modeling Software Forecasting Software 223

CH Robinson Transportfolio

MAY 17, 2021

webinar, we provided an in-depth analysis of current supply and demand trends in the North American freight market. As such, vessels for ocean capacity between Asia and the United States are expected to remain fully booked for most/all of 2021. The first half of 2021 is forecasted to net less than 1% growth in Class 8 trucks.

Freight 44

Freight Forecasting Los Angeles Supply and Demand 44

GlobalTranz

APRIL 6, 2021

If your company’s supply chain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the resiliency test. Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. What do we mean by that?

Supply Chain Planning Software 189

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 189

The Logistics of Logistics

FEBRUARY 1, 2023

Founded in 2021 by a team of seasoned logistics and transportation professionals, FreightVana has quickly become a key partner to many Fortune 500 Shippers and is one of the nation’s fastest growing logistics providers.

Logistics Network Optimization Software 179

Logistics Network Optimization Software Phoenix Arizona Transportation 179

Intelligent Audit

FEBRUARY 3, 2022

In freight auditing, freight audit advisors work with freight shippers to ensure that all charges are accurate and to prevent wasting money. With the volatility of 2021 still in mind and uncertainty heading into 2022, the whole industry feels a bit apprehensive. What Freight Auditing Is and Why It’s Important.

Freight 52

Freight Material Savings Resource Reduction Cost Reduction Strategies 52

Logistics Viewpoints

MARCH 3, 2021

GlobalTranz’s main service lines are freight brokerage – less-than-truckload and truckload – and managed transportation services. What the heck is going on in this freight brokerage/managed transportation sector? A truck broker helps companies find trucks to carry their freight on lanes they are having difficulty covering.

Logistics Network Optimization Software 245

Logistics Network Optimization Software Negotiating Skills Negotiate Pricing Report 245

The Logistics of Logistics

NOVEMBER 20, 2023

In April of 2021, Mr. Larkin became Strategic Advisor at Clarendon, and was named Chair of the firm’s Advisory Board. His mission is to help craft the firm’s growth strategy while assisting with deal sourcing, capital raising, and the creation of value within portfolio companies.

Logistics Network Optimization Software 223

Logistics Network Optimization Software Austin Vermont Supply Chain Network Software 223

Logistics Viewpoints

AUGUST 14, 2023

In July of 2021, 130 countries backed a plan to set a global minimum corporate tax rate of 15 per cent. A TMS helps companies move freight from origin to destination efficiently, reliably, and cost-effectively. Finally, in making sourcing decisions, global trade compliance needs to be part of companies strategic sourcing programs.

Global 176

Global Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies 176

Logistics Viewpoints

SEPTEMBER 16, 2021

For instance, the capacity that is needed per shipment like the 2021 produce season transportation capacity outlook. Therefore, it is easier to increase the volume of freight moving across both inbound and outbound channels. Exceptions are the one-off issues that arise that may require human intervention to resolve.

Supply Chain Risk Management 216

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Planning Software 216

The Logistics & Supply Chain Management Society

DECEMBER 8, 2021

Talent gaps in logistics and supply chain, continues to be a top challenge and a source of high risk for many companies. The source of such disconnects, is related to the information gap among the three parties. The pandemic only aggravated it significantly, which moved it to red zone as a High Risk source for many companies.

Supply Chain Planning Software 246

Supply Chain Planning Software Gartner Agile and Lean Supply Chain Buyer Training 246