article thumbnail

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.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. Bloomberg reported that the start-up has experienced a number of executive departures since the SPAC merger and had to line up $600 million from a private placement to help continue operations. Talk about deal leverage and control.

article thumbnail

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

GlobalTranz

This “invisible” part of Walmart’s business is a logistical and supply chain management and the practices they employ should give supply chain managers pause to take a bit out of their day and inspect what Walmart is doing in order to mimic into the supply chain manager’s own practice. ” Walmart states early on.

Gartner 120
article thumbnail

26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

Logistics can be traced all the way back to the Greek and Roman empires , but it’s undergone several major transformations as new technologies provide opportunities to more efficiently manage the movement and storage of goods. In the digital transformation age, logistics is once again undergoing a major shift. Marc Tuinier.

article thumbnail

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. full report.