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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. Almost all companies will say that “service” is important.

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This Week in Logistics News (May 21 – 27)

Logistics Viewpoints

Dick’s Sporting Goods reported its Q1 financials this week, beating expectations but lower its outlook. The more cautious outlook is driven by wage and inflationary pressures, as well as increased freight costs. Diving deeper into the factors behind cost increases, Dick’s management noted the high fuel prices that continue to increase.

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Walmart Makes A Shrewd Deal with an EV Start-Up

Supply Chain Matters

According to reporting from Bloomberg , the deal provides a literal lifeline to this start-up. Canoo reportedly ended the first quarter with upwards of $105 million in cash and warned investors in May that there was substantial doubt about the company’s ability to continue as a going concern. Talk about deal leverage and control.

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Consumer Demand Variability Biggest Supply Chain Disruption, Execs say

USC Consulting Group

“The pandemic has introduced unexpected volatility into customer demand, making it even more difficult to discern demand patterns,” the report stated , as quoted by Supply Chain Dive. Since COVID-19 was unprecedented in the Information Age, predictive analytics had nothing to draw from for guidance.

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Walmart: 3 Keys to Successful Supply Chain Management any Business Can Follow

GlobalTranz

When someone hears the company name “Walmart” several things come to mind from a pop culture standpoint. The company expects to open four such giant facilities this quarter, as it aims to triple online sales by 2018, to $35 billion from $12 billion last year. ” Walmart states early on. Decades in the Making.

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26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

These technologies also contribute to a rise in big data and analytics in the logistics field. RFID tags and robotic warehouse systems generate and transmit data that, when combined with other data sources, allow companies to optimize the supply chain and make better predictions and forecasts to improve efficiency and boost the bottom line.

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All The News You Need To Know 11/13/17

Freight Plus

reports that a number of small trucking firms are taking to social media to express concerns over the cost of converting to the Electronic Logging Devices. Twitter is the best way to reach Trump, said Les Willis, who owns two trucking companies in Texas and Arkansas. "I full report. Reuters reports.