Transportation Procurement in India

CHAINalytics

By Linsa Godwin Sathiamoses | Consultant, Transportation, Chainalytics | Procuring transportation services is an important activity on the supply chain calendar. By all accounts, shippers in Europe and the Americas are using transportation and analytics […].

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How Transportation Management Technology & Regulations Impacted the Logistics Industry

Cerasis

Transportation management technology evolved throughout 2016. The IoT Became a Core Concept in Transportation Management Technology. Increasing urban mobility and accessibility of shipment routes are driving forces of IoT use in transportation management technology.

Lean Transportation: Are you Using Lean Thinking for Transportation Management? If not, Why?

Cerasis

For shippers, culture and behavior have to change to apply Lean Transportation thinking. The “Them (company leadership) versus Us (shop floor associates)” mentality also needs to change for Lean Transportation to " WE. The 8 Rights To Achieve Lean Transportation Practices. The are the 8 Rights of Lean Transportation thinking: Right Materials, Right Quantity, Right time, Right Place, Right Source, Right Price, Right Quantity, and. Transportation takes time.

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Big Data and Analytics for Oil and Gas Transportation

Talking Logistics

Based on the current trends, North America could rival OPEC in oil and production. This growth along with the complexities found in the oil and gas industry can create significant transportation and logistics challenges. Implementing proven procurement processes for oilfield trucking. Utilizing sand and production water transportation solutions. The post Big Data and Analytics for Oil and Gas Transportation appeared first on Talking Logistics with Adrian Gonzalez.

Electronic Data Interchange or EDI in Transportation: Breaking Down What it is and How It Works

Cerasis

Today begins our series about electronic data interchange or EDI in transportation. Let’s back up a bit before we specifically address EDI in transportation. EDI was first developed in the 1960s with the objective of speeding the movement of shipping and transportation documents.

Three Predictions for the Supply Chain in a Trump-led America

Birst Supply Chain

Having stated his positions for enacting import tariffs and bringing manufacturing jobs back to America, our new President, Donald Trump, has his work cut out for him. Will tariffs and incentives to bring manufacturing jobs to America cause factories to pop up overnight, making the U.S.

Why Now is the Perfect Time to Benchmark and Bid Your Carrier Rates

Talking Logistics

In today’s highly competitive marketplace, understanding how your company’s procurement strategy and results compare with industry peers is critical. Whether you need to inform management that your performance is superior or has improved, or identify opportunities in the procurement process to drive additional economic value – there is no better time to benchmark and bid your carrier rates than now.

High-Tech Nation: How Technological Innovation Shapes America’s 435 Congressional Districts

Cerasis

For years, policy discussions about America’s technological innovation-driven, high-tech economy have focused on just a few.

Florence Et Al.

Supply Chain Shaman

Transportation will become more variable; and even scarce. Work closely with transportation carriers. Last year transportation price increases were 2-5%.) Use your transportation optimization systems to minimize dead miles and give carriers early notices of loads.

Manufacturing Gains From Machine Learning

IQMS

Machine learning is predicted to reduce costs related to transport and warehousing and supply chain administration by 5 to 10% and 25 to 40%, respectively. Honeywell is integrating AI and machine-learning algorithms into procurement, strategic sourcing and cost management.

Van Horne Institute Considers Alaska Transport Route, and Weighs Trump’s Plans for Keystone XL

NC State SCRC

The Van Horne Institute is recognized both within Canada and internationally as one of North America’s leading research institutes focused on transportation, supply chain and logistics, regulatory affairs and information and communications, as measured through its contributions to the strategic decision-making and implementation processes in the public and private sectors. policy and transportation.

Time to Squeeze Carriers for Better Rates?

Talking Logistics

The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, dropped 0.4 A few years ago, when the market was similar to today, I wrote about a Fortune 500 company that could have saved millions of dollars in transportation costs by putting its freight out to bid. How should shippers and carriers respond to the ebbs and flows of the transportation market?

Retailer Finds Savings in Carrier Costs

CHAINalytics

In The News Transportation Big Lots Carrier options Inbound Operations Intermodal Procurement Event Outbound Operations Procurement methodology Transportation Bid Optimization transportation network Truckload procurement

Why Truckload Lead Times Matter and How to Improve Them

TMC

This represents every operating truck in North America: Yet not every truck is available every single day of the year. Carrier Management Procurement Transportation Management Carrier Capacity Truckload truckload capacity Truckload Procurement

Why Truckload Lead Times Matter and How to Improve Them

TMC

This represents every operating truck in North America: Yet not every truck is available every single day of the year. Carrier Management Procurement Transportation Management Carrier Capacity Truckload truckload capacity Truckload Procurement

More Challenges for the Transportation Network: Day 2 of the SCRC Meeting

Supply Chain View from the Field

Speakers are the SCRC meeting yesterday and today continued to speak more on the topic of transportation strategy given increasing challenges in the transportation sector, and the need for an effective transportation management strategy. And in Panama a huge transshipment area will grow where they will will do break bulk, put cargo onto smaller ships and send to North America. This is impacting how you think about managing the network, and in procurement.

Oil & Gas Companies Focus on Eliminating Supply Chain Waste

Talking Logistics

One area where significant waste exists is transportation management. Simply put, many oil and gas companies manage their transportation operations in a highly decentralized and fragmented manner with little or no technology. “Past performance is no guarantee of future results.”.

Successful TMS Implementations Begin 6 Months Before Project Kick-off

Talking Logistics

Why do transportation management systems (TMS) implementations get off track? First, let’s define TMS – this is the software used to manage purchased transportation. When the implementation team doesn’t know what they don’t know.

Solving the Emerging Market Packaging Puzzle

Supply Chain @ MIT

It’s a complex question, especially when each component cost is taken into account, such as the cost of handling outer packs at the production plant, distribution centers and retail stores, inner pack handling at DCs, transportation costs, and the cost of opening outer or inner packs at DCs and retail outlets. The most striking savings were associated with the transportation of finished goods to end customers and the handling of inner packs in DCs.

This Week in Logistics News (October 15-19, 2018)

Talking Logistics

As reported by the Wall Street Journal : On-demand rentable trailers could cut the time carriers spend at a shipping site by 25%, said Ties Soeters, Anheuser-Busch’s vice president of logistics procurement in North America.

HCL Tech signs global alliance agreement with JDA Software Group

Supply Chain Network

This announcement expands HCL’s existing relationship with JDA thereby extending HCL’s offerings in professional services for industries such as retail, manufacturing, CPG and life sciences for the Americas and the Europe. The alliance addresses the unique supply chain challenges for business in the areas like planning, procurement, production, distribution, warehousing, inventory, transportation and customer services.

Dispelling Three Common Myths about Global TMS Deployment

Talking Logistics

For the last couple of decades transportation management systems (TMS) have revolutionized supply chains, helping companies streamline their logistics processes, achieve greater visibility into their operations and save significant dollars on transportation. You go from Europe to the Americas to Latin America to APAC with your transportation needs and there are all sorts of very specific requirements, whether tactical, operational or strategic.

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Resin prices vary a lot more than you think! RTi helps you understand why.

NC State SCRC

RTi, based out of Forth Worth, TX, is working with NC State’s Supply Chain Resource Cooperative, attracted by our strong program in procurement and supply chain, the focus on analytical thinking and modeling, and the mix of engineering and business students who work on projects with our industry partners. Pete shared with me that “we need to bring in young people who have an interest in procurement, because most of the information we develop is used in procurement negotiations.

This Week in Logistics News (September 15-19, 2014)

Talking Logistics

Infor Aligns With MercuryGate To Strengthen Transportation Management. Oracle Introduces New Cloud Solutions for Transportation and Global Trade Management. Kuehne + Nagel inaugurates North America’s regional Integrated Logistics Control Centre in Raleigh, NC, USA.

Airfreight Forwarders and Carriers Prepare for Holiday Season

Logistics Trends and Insights

Panalpina has procured extra flights for its charter operation while DHL Global Forwarding announced earlier this year that it would deploy a second dedicated Boeing 747-400F — ACMI-leased through Atlas Air — to connect the US, Europe and Asia.

The Financial Dimension of Supply Chain Visibility [Episode Highlights]

Talking Logistics

To find out how having supply chain financial visibility can improve contract negotiations, and to learn how technology can help shippers gain financial visibility across global supply chains, I spoke with Larry Lewis, Kewill’s Senior Vice President, Americas on a recent Talking Logistics episode. This is where financial visibility – especially from an accounting or procurement perspective – plays into the organization.

The Origins of Category Management

Supply Chain View from the Field

Jack Hughes sought me out because during this period in the 1970’s, price controls were coming in off of the extreme shift in the cost of oil America was experiencing. This impacted transportation costs, resins, chemical feedstocks, and a whole bunch of other areas.

Four Strategies To Deploy As Supply Chain Hits Main Street

Supply Chain Shaman

For the CFO, end-to-end is a focus on transactional flows like order-to-cash and procure-to-pay. Most are clueless about driving a better-planned order flow from tactical planning to procurement or transportation planning or how to improve forecast-value-added (FVA) processes.

Why Truck Drivers are a Vital Part of the Supply Chain!

Supply Chain Game Changer

In truth, many aspects of everyday life are made possible through the supply chain industry, with trucking alone responsible for 70% of America’s freight volume by weight. SCM #SupplyChain #Transportation #Logistics #Freight #Shipping. Selected as one of the Top 75 Supply Chain Blogs, and one of the Top 25 Procurement Blogs, on the Internet. Freight and Logistics Guest Blog Post Supply Chain Management Freight Logistics SCM Shipping supplychain Transportation

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Supply Chain Management:Importance of Proactive Master Data.

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. In my current project about a year ago, North America region Supply Chain Planners were having major concerns related with flawed planning resulting from incorrect or no Source of Supply (SoS) for receipt elements such as Purchase requisitions &/or Planned orders. Procurement Blog. Sourcing,Procurement,Contract & Spend Management (38). About Us.

5 Things Supply Chain Entities Need to Focus on In Trump’s Administration

Cerasis

Procurement Will Need to Adapt. The “Made in America” slogan has gathered attention around the country, but not everything that comes from China or Mexico is a finished product. Procurement must evolve this year. Furthermore, collaboration between differing supply chain entities will help to create more diverse procurement opportunities, explains Made in USA News. Both manufacturers and suppliers should promote an inclusive approach to procurement.

Retreads are Good For Truckers…and Good for the Environment!

NC State SCRC

The American Transportation Research Institute estimates that of the total cost per mile of driving a rig that drives between 80,000 and 125,000 miles per year, the average cost (including drivers wages and benefits) is $1.593 per mile, or which tire cost are $ 0.043 a mile, and fuel costs are $.403 In North America, the trucking industry saves more than three billion dollars annually by using retreaded tires.

Trade Acronyms as a Second Language

CH Robinson Transportfolio

North America Free Trade Agreement. Global Forwarding Global Trade Resources Transportation Policy UncategorizedTrade Acronyms as a Second Language | Transportfolio. Everyone is talking about trade and tariffs—and the potential impacts on businesses and countries.

From Materials to Practices: Sustainable Purchasing Groundswell At The SPLC Summit 2019

EcoVadis

Now in our sixth year supporting the SPLC, it did not disappoint: This was the strongest and the most diverse gathering of committed and capable practitioners we’ve ever seen in North America — it felt like a real groundswell of action on sustainable purchasing!

Handfield’s Supply Chain Analytics Predictions for 2014

Supply Chain View from the Field

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Such providers understand domestic transportation issues, and can plan to develop long-term solutions to complex local distribution challenges. Procurement will play a key role in monitoring supply base conditions.

When EU and U.S. Cabotage Collide with Peak Shipping Seasons

CH Robinson Transportfolio

Cabotage rules cover the transport of goods between two places in the same country by a transport operator from another country. Most (66%) of the EU’s total tonne-km that are transported by truck are moved by in-country hauliers. In North America, cabotage is more restrictive.

Managing Supply Chain SLAs Through Blockchain: Is Blockchain the New Incoterm?

Cerasis

Blockchain Eliminates Uncertainty Blockchain has great potential in eliminating counterfeit products and tracking freight, which costs upward of $250 billion annually, reports Share America , as well as manufacturing, processes. For instance, procurement and reverse logistics processes, such as reclamation of raw materials and metals from old products, may be enhanced through blockchain technology to document the origin of a product prior to manufacturing.