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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. It serves as the compass guiding shippers toward efficient, economical, and dependable cargo transport.

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Logistics Procurement – Performance Management

The Logistics & Supply Chain Management Society

Rates are now starting to stabilise and for ocean freight especially, we are seeing rates closer to pre-COVID levels. Freight procurement is the mainstay of any supply chain professional but price is not the be-all and end-all. What tools we can use to benchmark ocean freight and carriers’ service reliability?

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5 Easy-to-Use Ways to Monitor Supply Chain Health

Talking Logistics

Do you have the right metrics? Metrics show how your supply chain is performing – providing they are the right ones to do the job. Inappropriate metrics can give a false or incomplete picture of supply chain performance. Second, what metrics are the best indicators of performance in terms of these goals?

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What is LTL Shipping?

SupplyPike

LTL freight carriers normally transport small shipments of freight from many companies. In this system, space is shared by all of the cargo on one truck. When companies opt for LTL shipping, they are charged for the section of the semi-truck that their freight takes up. Reduce your warehouse costs.

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Freight Audit Advisor: How an Expert Amplifies Value in Perpetuity

Intelligent Audit

In freight auditing, freight audit advisors work with freight shippers to ensure that all charges are accurate and to prevent wasting money. Shippers can ensure they are getting the best possible rates from their carriers by working with a freight audit consultant. What Freight Auditing Is and Why It’s Important.

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5 Easy Ways to Monitor Supply Chain Health

TMC

Do you have the right metrics? Metrics show how your supply chain is performing—providing they are the right ones to do the job. Inappropriate metrics can give a false or incomplete picture of supply chain performance. Second, what metrics are the best indictors of performance in terms of these goals?

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Launching the Freightos Baltic Index (FBX) for Daily Rates

Freightos

As a result, nearly every industry has created on-demand metrics to gauge market performance, hedge risks, and to power intelligent decisions. But despite its size, containerized freight’s poor visibility persisted. Prices for everything and anything are subject to change and freight rates for containers are no different.