Talking Logistics

JULY 27, 2022

At a recent industry conference, a shipper asked me many questions about transportation procurement, such as, “How do you best determine how long and how often to have transportation sourcing events?” Read more Why Benchmarking is the First Step to a Successful Freight Procurement Event. The good news.

Benchmarking 191

Benchmarking Procurement Freight Conference 191

The Logistics of Logistics

JULY 27, 2022

and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. Mark McEntire is the Senior Vice President of Operations at Emerge , a freight technology firm that is reinventing freight procurement. Hunt Transport, Inc. About Mark McEntire .

Logistics Network Optimization Software 185

Logistics Network Optimization Software Supply Chain Network Software Analytics Software Modeling Software 185

Talking Logistics

SEPTEMBER 4, 2022

How do you best determine how long and how often to have transportation sourcing events? The good news is that companies today have greater access to real-time benchmarking data and market intelligence. Read more [Video] Why Benchmarking is the First Step to a Successful Freight Procurement Event.

Benchmarking 130

Benchmarking Video Procurement Freight 130

GlobalTranz

JUNE 19, 2018

These rates will have natural implications for smaller shippers seeking to lower overall transportation and freight spend, and paired with a “blurred lines between peak shipping and shopping seasons,” shippers will experience increasing trouble when trying to procure full truckload capacity. Download eBook.

Procurement Solutions 175

Procurement Solutions Procurement Analytics Capacity Procurement 175

Talking Logistics

SEPTEMBER 29, 2016

In today’s highly competitive marketplace, understanding how your company’s procurement strategy and results compare with industry peers is critical. Consider how these issues will impact your carrier rates and learn why now is the ideal time to benchmark and bid your rates with the help of a third-party logistics (3PL) provider.

Benchmarking 100

Benchmarking Negotiating Skills Price Reduction Cost Reduction Strategies 100

Supply Chain Game Changer

OCTOBER 29, 2020

Do You Have Hidden Freight Costs? Freight sourcing team article and permission to publish here provided by Katharine Barrios at xeneta.com. Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. Use of Freight Rate Benchmarking.

Sourcing Strategies 75

Sourcing Strategies Negotiating Skills Optimal Sourcing Negotiate Pricing 75

Intelligent Audit

AUGUST 25, 2022

It has always been essential to have visibility into freight spending. Freight audit & payment (FAP) providers have long paved the way to gaining this visibility by looking at shipping invoices and breaking down freight spend. What Is Freight or Transportation Spend Management?

Real-time Visibility 52

Real-time Visibility Transportation Management Supply Chain Planning Software Optimization Software 52

The Logistics of Logistics

NOVEMBER 17, 2021

that is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. Building a Freight Juggernaut Again with Michael Leto. Job openings.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Modeling Software Demand Planning Software Supply Chain Network Software 130

Logistics Viewpoints

MAY 1, 2023

On April 4 th , Kyle Masters – the senior manager of transportation procurement at Simmons Foods, participated in a webinar hosted by Emerge. The webinar focused on Simmons Food’s approach to transportation procurement. The transportation team supports 13 production facilities. See the Video HERE.

Food 212

Food Transportation Supply Chain Network Software Logistics Network Optimization Software 212

The Logistics of Logistics

OCTOBER 1, 2022

Andrew Semisch and Joe Lynch discuss smart freight sourcing, which starts with an RFP tool purpose built for freight sourcing. Andrew is Vice President of Commercial Development for Emerge , the leading freight procurement platform. Key Takeaways: Smart Freight Sourcing. About Andy Smisch. About Emerge.

Sourcing 217

Sourcing Logistics Network Optimization Software Freight Supply Chain Network Software 217

MIT Supply Chain

MARCH 2, 2021

Latin American countries have particular challenges related to truck transport. Identifying key strengths in procurement and management in high-impact countries will support a fast improvement that may boost economic growth in the region. Truck transportation comprises 75% of all freight in Latin America.

Comparison 52

Comparison America Transportation Colombia 52

Supply Chain Network

AUGUST 6, 2012

According to the latest American Shipper benchmark survey, transportation spending increased in 2012 – according to 75 percent of respondents – remaining unscathed by budget cuts. Shockingly, though, companies are failing to invest in the necessary procurement tools to manage spend and optimize their transportation networks.

Optimal Sourcing 92

Optimal Sourcing Procurement Solutions Supply Chain Planning Software Procurement Analytics 92

Talking Logistics

SEPTEMBER 6, 2016

Managed transportation service providers work to deliver transportation solutions to maximize service at the lowest cost through people, process, and technology. The process involves investigating the current transportation activities and engaging in new opportunities for cost-savings while optimizing service levels. Mode Shift.

Optimal Sourcing 100

Optimal Sourcing Logistics Network Optimization Software Transportation Cost Reduction Strategies 100

CHAINalytics

APRIL 29, 2016

By Linsa Godwin Sathiamoses | Consultant, Transportation, Chainalytics | Procuring transportation services is an important activity on the supply chain calendar. It is also one area where every procurement manager thinks he or she is doing a good job, until proven otherwise.

India 60

India Procurement Transportation Europe 60

Shipchain

NOVEMBER 15, 2018

Determining the total cost of transportation is essential to understanding your company’s profitability. Understanding the total cost of transportation means understanding the costs and factors affecting spend in each leg of the supply chain. When it comes down to it, accounting for the total cost of transportation is pretty complex.

Cost Reduction Strategies 90

Cost Reduction Strategies Expense Reduction Purchasing Skills Transportation 90

The Logistics of Logistics

FEBRUARY 23, 2022

It’s Not the Market, It’s Your Procurement with Andrew Haverkampf. Andrew Haverkampf and Joe Lynch discuss it’s not the market, it’s your procurement. and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform.

Procurement 226

Procurement Logistics Network Optimization Software Supply Chain Network Software Predictive Analytics Software 226

GlobalTranz

OCTOBER 16, 2015

As a third-party logistics company focused on over the road transportation management, and having an LTL rating engine and web-based TMS for nearly 20 years (web-based even before Google!), at Cerasis, we know a thing or two about the nuances of LTL procurement. LTL procurement is something we do very well.

Negotiating Skills 120

Negotiating Skills Price Reduction Cost Reduction Strategies Optimal Sourcing 120

Supply Chain Game Changer

SEPTEMBER 9, 2020

Digital Procurement article and permission to publish here provided by Katherine Barrios of xeneta.com. The Hackett Group has recently released their analysis of their procurement benchmarking database. It demonstrates the advantages of working with a digital procurement strategy. Important Digital Procurement Trends.

Optimal Sourcing 58

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Procurement 58

Talking Logistics

MARCH 24, 2015

This time of year, many shippers are reviewing and updating their transportation plan for the back half of the year and many will be considering issuing RFPs for new or changed capacity needs. Only motivation is to save money on freight rates. Benchmark yourself against historical and current market indexes.

Expense Reduction 100

Expense Reduction Price Reduction Cost Reduction Strategies Transportation 100

Supply Chain Game Changer

APRIL 29, 2020

Do You Have Hidden Freight Costs? Ocean freight article and permission to publish here provided by Katherine Barrios at xeneta.com. Freight forwarders and shippers/BCO s are on a constant quest to have a better understanding of their ocean freight costs and ultimately have larger margins. Email Address. Plan effectively.

Negotiating Skills 69

Negotiating Skills Cost Reduction Strategies Optimal Sourcing Freight 69

Intelligent Audit

SEPTEMBER 15, 2021

Discovering billing mistakes through leveraged data from freight audits helps shippers identify cost-cutting opportunities through accurate invoicing and payment processing. Freight audit savings might arise from recouping costs due to overbilling, service guarantee failures, or simply using the wrong carrier for each load.

Waste Reduction 52

Waste Reduction Cost Reduction Strategies Analytics Software Resource Reduction 52

CH Robinson Transportfolio

JUNE 9, 2022

Now you can obtain transportation services where you already operate as well. In fact, today you can procure freight rates from your transportation providers right in your TMS. There are many reasons to supplement your spot freight procurement with automated processes sooner rather than later. Save money.

Supply Chain Planning Software 70

Supply Chain Planning Software Demand Planning Software Analytics Software Optimization Software 70

CHAINalytics

JANUARY 20, 2020

At Chainalytics, many of our clients and partners come to us for supply chain and transportation prognostications year after year. (So So much so that our freight benchmarking group developed a new … The post A Trucking Economics Lesson: How rates will respond to market changes in 2020 appeared first on Chainalytics.

Benchmarking 64

Benchmarking Freight Groups Transportation 64

The Logistics of Logistics

JUNE 8, 2022

and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. Prior to joining Emerge, he was Vice President of Sales for Freight Rover. Derek Doddridge is Vice President of Enterprise Sales for Emerge , a flexible, efficiency-driven RFP platform for freight.

Supply Chain Network Software 239

Supply Chain Network Software Modeling Software Logistics Network Optimization Software Indiana 239

Supply Chain Shaman

SEPTEMBER 3, 2015

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.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

The Network Effect

OCTOBER 26, 2015

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.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Planning Software Scenario Planning Supply Chain Planning 100

The Logistics & Supply Chain Management Society

JULY 16, 2023

The halal trust assessment could be conducted for one brand, but can also be benchmarked with selected competing brands. He is also an Adjunct Professor with UTM Azman Hashim International Business School in Malaysia, conducting research on halal procurement strategy, halal supply chain management, and halal risk and reputation management.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

MIT Supply Chain

FEBRUARY 3, 2022

Next, a backlash is triggered that draws the term’s credibility into question, followed by a revival as professionals in organizations such as consultancies step in to benchmark the term and enshrine it in best practices. Eventually it is “widely used, overused, and possibly abused” and applied indiscriminately, he says.

Sustainability 52

Sustainability Supply Chain Software Supply Chain Purchasing Skills 52

TMC

SEPTEMBER 27, 2018

While shippers face the difficult market conditions of tight capacity and increased consumer demands, they are also being challenged to find transportation cost savings and improve customer satisfaction. In the research, using transportation providers with focused roles in the route guide was one of the strongest indicators of performance.

Optimal Sourcing 62

Optimal Sourcing Negotiating Skills Negotiate Pricing Price Reduction 62

Supply Chain Matters

AUGUST 11, 2022

In this particular assessment, we reflect on our prediction that cost inflation trends that occurred among global logistics and transportation modes last year, would be unsustainable, and would drive remediation efforts. Mid-Year Global Transportation Assessment. Additional Thoughts and Perspectives.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Planning Software Supply Chain Strategy Cost Reduction Strategies 52

Talking Logistics

APRIL 24, 2017

One of the easiest ways to get started is by investing in a Transportation Management System (TMS). With control tower visibility across all business units, divisions and geographies, you can build enterprise plans across your transportation network to ensure that all shipments move using the most efficient route possible.

Optimal Sourcing 114

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Optimization Software 114

Supply Chain Game Changer

FEBRUARY 27, 2019

Risk management strategies of yesteryear are ineffective in the changing landscape, and no type of transport can avoid risks. Risks exist in land, air and ocean freight. Poor grasp of hazards in your supply chain will increase freight spend and diminish brand value. Transport Loss. They’re inevitable and unavoidable.

Supply Chain Planning Software 57

Supply Chain Planning Software Resource Reduction Price Reduction Waste Reduction 57

Talking Logistics

OCTOBER 28, 2014

Freight companies are eventually going to face severe challenges finding drivers to get your shipments where you want them when you want them there. One challenge to this approach, however, is that many shippers focus exclusively on price when making their transportation decisions. So as a shipper, why should you be concerned?

Expense Reduction 197

Expense Reduction Cost Reduction Strategies Price Reduction Capacity 197

Supply Chain Collaborator

JUNE 21, 2018

Vitiello also noted the imminent release of additional, powerful new transportation logistics automation solutions on the UltraShipTMS product roadmap like UltraBid, a new procurement event manager scheduled for release later this year.

Modeling 60

Modeling Supply and Demand Demand Planning Software Supply Chain Software 60

Talking Logistics

JUNE 2, 2016

This assessment identifies the most important capabilities for which the newly divested company needs to account, which may include functions such as Procurement, Purchasing, Accounting and Supply Chain Operations itself. This begets the need to set the overall strategy for the divestment by way of an exercise, called “capability scoping.”

3PL 100

3PL Optimal Sourcing Modeling Procurement Analytics 100

TMC

SEPTEMBER 27, 2018

While shippers face the difficult market conditions of tight capacity and increased consumer demands, they are also being challenged to find transportation cost savings and improve customer satisfaction. In the research, using transportation providers with focused roles in the route guide was one of the strongest indicators of performance.

Negotiating Skills 48

Negotiating Skills Optimal Sourcing Negotiate Pricing Price Reduction 48

TMC

SEPTEMBER 27, 2018

While shippers face the difficult market conditions of tight capacity and increased consumer demands, they are also being challenged to find transportation cost savings and improve customer satisfaction. In the research, using transportation providers with focused roles in the route guide was one of the strongest indicators of performance.

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Negotiate Pricing Price Reduction 48