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Freight Procurement is a Different Game

Logistics Viewpoints

Procuring transportation for freight is much different than any other procurement category. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. One master of freight procurement is Kyle Masters. Procurement ran a request for proposal event.

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What Is Transportation Optimization and What Does It Have to Do With Managed Transportation

GlobalTranz

Additional opportunities can be reached through transportation optimization whether using a 3PL or 4PL. It's important to understand how transportation optimization can work well with managed transportation service providers to attain that goal. Defining Transportation Optimization.

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The Approach to Effective Freight Procurement

The Logistics & Supply Chain Management Society

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. At the heart of it all, an effective procurement strategy remains paramount.

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5 Things to Look for When Vetting Logistics Transportation Services

GlobalTranz

Vetting 3PLs and transportation management services providers is a complex topic and shippers may not know where to begin. To find the right logistics transportation services partner for your unique business needs, shippers should consider these five crucial characteristics. . Focus on Carrier Procurement and Management.

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Definitions Matter

Supply Chain Shaman

Use of order patterns to execute a route guide in Transportation Planning (TMS)–route planning, pooling of less than truckload, and load tender. In this traditional definition of a supply chain model, I define a good plan as: A positive Forecast Value Added (FVA) analysis/output for the forecast with minimal bias. (I

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Crafting a Procurement Management Plan to Mitigate the Impacts of Inflation

Precoro

As the department overseeing an organization's external expenditure, procurement is responsible for softening the impact of inflation. In this article, we will discuss how a robust procurement management plan can help address and mitigate the effects of inflation. Market analysis. Procurement methodology.

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Top Transportation & Logistics Influencers

The Logistics of Logistics

Original article: Warner’s Top Transportation & Logistics Influencers. In light of the global environment in the past year and a half, we listed the top transportation & logistics influencers. The road hasn’t been easy for the transportation and logistics industries. miles of freight is expected to reach 7.67