article thumbnail

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.

article thumbnail

De-Carbonising Road Freight Operations: Bridging the Know-Do Gap

The Logistics & Supply Chain Management Society

The sixth assessment report by the Intergovernmental Panel on Climate Change (IPCC) published in August 2021 once again stressed the importance and urgency of decarbonising all sectors of the economy. Also in road freight vehicles, battery-electric or hydrogen-powered drivetrains are close to market launch.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Freight Benchmarking: What Is It? Why Do It?

Logistics Bureau

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. So how can you be sure you’re getting the best freight rates possible?

article thumbnail

Best Supply Chain Management Software for Mac 2024

SCMDOJO

Hence, regardless of your specific aim, this article will shed light on the top software you need. That could include AI-driven analytics, real-time tracking, and integration with loT devices. It encompasses a wide range of features from freight forwarding to brokerage. Cons: It is more focused on procurement.

article thumbnail

Supply Chain Market Report – July 2022

Elementum

Welcome to Elementum’s Supply Chain Market Report. Supply Chain Market Report – July 2022 This edition will cover: The signs of looming stagflation How executives can prepare their supply chains The imminent problem of staffing shortages The latest use of drones in supply chain Notable changes in the leadership ranks.

article thumbnail

Capitalising on Supply Chain Digitisation with Robotic Process Automation – 10 Areas of Opportunities – LogiSYM August 2020

The Logistics & Supply Chain Management Society

Organisations that have successfully implemented RPA initiatives report cost savings of up to 80% and time savings of up to a staggering 40%. This article explores 10 possible areas in which can help at each stage of the flow in Supply Chain Management. Procurement. Purchase Order Management. Freight Management.

article thumbnail

Are Ocean Freight Prices Absolutely Broken?

The Logistics & Supply Chain Management Society

Special thanks to Lars Jensen, CEO at Sea Intelligence Consulting and Zvi Schreiber, CEO of Freightos Group for their input and insights for this report. It’s hard to predict what demand will be like for products like these ahead of time. Is ocean freight pricing broken? S hipping containers are like scotch. Was it profiteering?