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Freight Procurement is a Different Game

Logistics Viewpoints

Procuring transportation for freight is much different than any other procurement category. The freight market is mercurial. One master of freight procurement is Kyle Masters. Mr. Master’s experience at Simmons Foods illustrates many of the distinct characteristics and challenges related to freight procurement.

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Why Strategic Partnerships Enable OTR Freight Management

GlobalTranz

OTR freight represents a long-standing aspect of supply chain operations and transportation management. Th is blog post covers the critical ways strategic partnerships can help supply chain managers achieve optimal OTR management for their freight. Carrier Vetting for OTR Freight . Remote Tendering and Shipment Execution .

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Track the Supply Chain Metrics that Really Matter

Precoro

To monitor supply chain performance, stakeholders of successful companies typically define supply chain metrics that are relevant to the given business and track these KPIs regularly. By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time.

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Supply Chain KPIs & Metrics: Our Top 24 for Manufacturers

Silvon Software

In fact, such KPIs are so crucial right now that the supply chain analytics market is expected to reach nearly $17 billion by 2027 as companies ramp up their supply chain performance management initiatives. Supply chain metrics provide the intelligence needed to make better projections and more informed choices in such a market.

Metrics 81
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Transportation Management Solutions: Top Planning Metrics Shippers Need to Consider

MercuryGate

Transportation management solutions and metrics, built on solid analytics, help shippers keep up with ever-changing volatility in today’s market. With e-commerce, digital supply chain, automation, and many other technological advances dominating the transportation industry, freight transportation processes are evolving.

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Freight Broker Business: Increase Shrinking Margins With Better Analytics

Turvo

Maintaining a freight broker business and helping it stand out from the crowd is more difficult than ever. Unfortunately, that does not always amount to spending money reasonably and maintaining control over freight spend. For those operating a freight broker business, the challenges are greater. Delays in paying carriers.

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4 Keys to Successful FAP Analytics Use

Intelligent Audit

Freight bill auditing and tracking have always been essential but more so now than ever before. Leading freight audit and payment analytics (FAP) provides a host of viable and applicable solutions and market insight, making it easier for shippers to overcome market issues and limited capacity. . Data-Driven Anomaly Detection.