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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. The freight market is mercurial. One master of freight procurement is Kyle Masters.

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What Is Transportation Optimization and What Does It Have to Do With Managed Transportation

GlobalTranz

For instance, managed transportation includes value-added logistics capabilities, including: Logistics consulting and analysis to understand current needs, costs, savings opportunities by mode, benchmarking and implementation or training of new systems. Another Thing to Consider: Network Versus Execution-Level Optimization.

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Risk Management in Halal Supply Chains

The Logistics & Supply Chain Management Society

Halal risk management practices of most companies are passive, meaning it is limited to the compliance of suppliers and their own (manufacturing) operations based on the requirements of the halal certification body and their halal standard(s). On the other hand, halal risks in the entire supply chain are not on their radar screens.

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Is Inventory Waste or an Asset?

Supply Chain Shaman

This morning, unexpectedly, I found myself in the middle of a debate between my two panelists on the Planning Benchmarking Panel for the Summit. Recently through my analysis of the planning benchmarking work, I have become fascinated on the role of inventory in the market-driven value network. This is a series of preparation calls.

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Big Opportunity for Logistics Providers? Supply planning and inbound services….

The Network Effect

So far, we’ve covered order promising and delivery , replenishment planning and distribution services , supply chain benchmarking , orchestration , and harmonization. . The new technology architecture supports the entire procure-to-pay process in a multi-party, multi-echelon network.

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Using Blockchain to Better Understand the Total Cost of Transportation

Shipchain

A product changes hands approximately 30 times between the procurement of raw materials and its final destination. Blockchain Provides Unmatched Traceability in Freight and Logistics. According to TechCrunch.com , the freight and logistics industry in the U.S. Accurately benchmark past performance versus peers.

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Is Your Supply Chain A Cost Centre or a Value Creator?

Supply Chain Game Changer

And competitive pressures and benchmarking results will also add to the need to reduce costs and/or be more productive. Whatever your Industry you should be able to make comparisons to competitors, do benchmarking, and even compare yourself on key metrics across industries. And the reality is that Supply Chain must be cost-effective.