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Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses.
The logistics and supply chain industry is a critical component of global trade, responsible for moving goods and materials efficiently to meet consumer and business demands. Addressing Energy Challenges in Logistics The logistics sector is a significant contributor to greenhouse gas emissions.
In “2025’s Top 100 3PLs: How Logistics Giants are Confronting Uncertainty”, Joe Lynch and Seth Clevenger , Managing Editor of Features and Multimedia at Transport Topics, discuss the Top 100 logistics companies, 2024 performance, changes to the list, and the trends impacting the industry.
Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses.
The answer is to invest in sustainability benchmarking tools. Sustainability benchmarking is important for a number of reasons. Ultimately, sustainability benchmarking can help companies to understand whether their initiatives are effective and give guidance on how to make improvements.
He leads a team of market experts who study every facet of the logistics industry to bring the best available insight to customers. During his tenure in the industry, he built innovative pricing and forecasting models, leveraging internal and external data sources to improve internal decision-making and increase profitability.
A public cloud architecture is at the heart of what Emerge is doing from both a procurement and a benchmarking perspective. Scale is Necessary for Freight Benchmarking. Emerge is not the only technology vendor providing freight benchmarking on a lane-by-lane basis. In both cases, the benchmarking must be paid for.
Network Analytics: Shippers gain granular visibility into capacity, helping them optimize sourcing and manage their transportation network more efficiently. Proven Trust by Leading Companies: Over 1,400 shippers, including major brands like Walmart and Freshpet, rely on DAT’s data for logistics decision-making.
With Freightos Procure, were now in a position to build true Procurement Intelligence by combining global market data with modern sourcing and decision-making processes. And yes, we see ourselves a bit like a Robin Hood for logistics unlocking intelligence and access not just for the few, but for the entire global ecosystem. .
An organization with tens of thousands of different products may have to move them across many modes of transportation, IT systems, and third-party logistics partners, all adding to complexity, as well as loss of visibility and control. Optimizing fulfillment requires a series of steps to get a shipment from its source to the end customer.
Home No More Black Swans: The Age of Supply Chain Uncertainty Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses. What’s become increasingly clear is that there are no more black swans in global logistics.
Mike is the Head of Intermodal Solutions at SONAR, the leading freight market analytics tool and dashboard, aggregating billions of data points from hundreds of sources to provide the fastest data in the transportation and logistics sector. At Stifel, he had primary coverage of the railroad, rail equipment, and truck equipment sectors.
However, sustainability in logistics goes well beyond these initiatives. APQC conducts research on supply chain and logistics to help organizations assess the performance of their own processes and functions compared to their peers. Below are the results from the cross-industry report for environmental sustainability.
Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses.
Editor’s Note: Our “ Research in Focus ” series highlights research conducted by select partners on timely and important trends impacting supply chain and logistics professionals today. Many factors can affect sourcing decisions, from raw material availability to labor costs to Free Trade Agreement (FTA) benefits or trade preference programs.
We have benchmarked our SCI (Supply Chain Intelligence) solution; we looked at all the solutions in the industry. That frees up the logistics team to go work on even more difficult problems. It might highlight logistics jams, manufacturing capacity, quality issues, or procurement cost trends. Banker : Jack, thank you so much.
. Editor's Note: Today's blog is from our friend Robert Everett who gives us some fantastic tips for managing logistics effectiveness. In this article, I propose to have a look at several logistic skills that, besides the specific knowledge in this area, will help to maximize the logistics effectiveness. Quality-focused.
This blog offers a clear, practical overview of what spend analysis is, how it supports strategic sourcing, and why it matters for both direct and indirect procurement. When done right, spend analysis enables cost savings, supplier optimization, risk reduction, and more strategic sourcing decisions.
Of the professionals surveyed, 59% saw the gap between procurement/sourcing and supply chain to be a major disconnect, and the most pressing pain point. Both procurement solutions from ERP companies like Oracle or Infor – or business spend management solutions – can help companies enforce these sourcing supplier decisions.
With Freightos Procure, were now in a position to build true Procurement Intelligence by combining global market data with modern sourcing and decision-making processes. And yes, we see ourselves a bit like a Robin Hood for logistics unlocking intelligence and access not just for the few, but for the entire global ecosystem. .
She brings almost 20 years of supply chain and benchmarking experience to DAT, where she is focused on providing actionable insights to shippers through DAT’s Benchmark Analytics and Rateview benchmarking tools. About Sarah Bertram Sarah Bertram is a Shipper Sales Manager at DAT. The Greenscreens.ai
Sourcing and procurement comes in close second at 88 percent, followed by innovation at 87 percent. Logistics and inventory management rounds out the top four focus areas at 82 percent. Sourcing and Procurement In sourcing and procurement, the top focus area for 2024 continues to be supplier/vendor relationship management (SRM).
Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. It includes all of its elements: customers, sales channels, products, warehouses, logistics network, and the interactions between them. This includes internal and external data sources.
Building optionality in the supply chain through collaborative sourcing: Supply chain teams can proactively identify choke points within the existing network by leveraging emerging technologies such as digital twins and advanced analytics, and modeling their end-to-end supply chains. This can in turn benefit Tier 2 suppliers and beyond.
Transforming the $800 billion freight industry, Emerge empowers meaningful logistics relationships through its award-winning Freight Procurement Platform. Emerge is reinventing freight procurement by providing access to benchmarked rates and thousands of trusted partners to maximize cost-savings. Emerge launches Benchmarking.
It is important to benchmark forecast accuracy and similar supply chain metrics against your peers. APQC – a benchmarking, best practices, and performance improvement organization – is one place you can get these numbers. The post The Forecasting Accuracy Bugaboo appeared first on Logistics Viewpoints.
Because of the pandemic, risk management surrounding sourcing has become top of mind in supply chain organizations. APQC has conducted benchmarking and best practices research on supplier risk management. APQC is a nonprofit organization focused on benchmarking, best practices, performance improvement, and knowledge management.
To calculate the benefits of the potential value of implementing a planning system, I benchmarked companies to their respective peer groups. My failure was three-fold: In this analysis, I never benchmarked companies to the industry averages. I built value cases for sales. The issue is the management of complexity.
In other words, if a planner receives multiple spot quotes for a load, the best he or she can do is a comparative analysis between the quotes without a benchmark. Technology vs. Manual Benchmarking Approach. The benchmark itself in this instance could be reflective of two different approaches. This could take a variety of forms.
APQC and the Digital Supply Chain Institute (DSCI) have conducted best practice and benchmarking research on MDM. APQC is a member-based nonprofit that conducts benchmarking, best practices, and performance improvement research. In short, what does an organization need to do when they learn data is bad?
This guide breaks down the key procurement technologies in use today and the trends reshaping the future, such as AI-driven sourcing, predictive risk management, and deeper integration across the supply chain. What Is Procurement Technology? Here are some of the most important tools teams are already using.
Managing yard and warehouse operations has long been one of the thornier aspects of transportation logistics. Not only will this help optimize operations, but it will allow for performance to be benchmarked across sites, helping drive continuous improvement and the sharing of best practices. Digitize the periphery of the yard.
XPO Logistics to Acquire 3PD, the Largest Provider of Heavy Goods, Last-Mile Logistics in North America. Source data is a combination of reference and benchmark data from third parties as well as econometric models and formulas. HighJump Software Acquires Evenex. SAP Announces Second Quarter and First Half Results 2013.
Logistics Procurement – Performance Management by LSCMS Shippers’ Council Shortly after the outset of COVID, in early 2020, supply chains have been disrupted across the globe. Logistics Managers need to address other elements namely: How do we measure ocean freight spending against market levels?
Felipe Co-founder and CEO of Loadsmart , where they provide logistics solutions powered by industry experts and next-gen technology that lower costs, increase efficiency, and digitize transportation. The best freight brokers including Loadsmart have evolved from just securing trucks to providing comprehensive logistics solutions.
As consumers and businesses become increasingly environmentally conscious, the logistics industry stands at a pivotal crossroads. Imagine a bustling logistics hubefficient, clean, and powered by renewable energy. Sustainability in Logistics refers to the practical steps businesses take to enhance their sustainability practices.
Many people get confused about KPIs or Key Performance Indicators in Logistics and Supply Chain operations. Still, in this article, I will help you evaluate the need for supply chain and logistics KPIs in your organisation, and identify which types of measurement might be most appropriate. Which ones to use?…
The German Supply Chain Act is currently setting the benchmark in Europe, but in the United States, the Uighur Forced Labor Prevention Act (UFLPA) is a significant force. The post Corporate Sustainability Due Diligence Directive (CSDDD): Addressing the Entire Value Chain appeared first on Logistics Viewpoints.
The more users and the greater the usage, the richer the data set for benchmarking, analysis and, ultimately, insights to help organizations improve their KPIs. Diversity of sources (carriers + vendors + customers). The post Taking a Big Picture View of Supply Chain Networks appeared first on Logistics Viewpoints.
For months, retailers have been stockpiling massive amounts of goods to meet surging consumer demand, and compensate for ongoing supply and logistics issues. More supply chain companies sharing more real-time data creates richer opportunities for benchmarking, analysis, insights and collaboration to drive business benefits for all parties.
In the world of logistics, where timing, coordination, and precision are everything, documentation often operates behind the scenes—yet it holds the entire system together. As such, this article explores why accurate documentation is not just administrative busywork but the backbone of logistics operations.
Even in 2019 many companies still underestimate the importance of their global supply chain and above all, how their logistics and supply chain performance can beneficially impact their marketing, ultimately leading to healthier financial results. What are your supply chain, sourcing, visibility, and transparency challenges?
To ensure quality, they have a mystery shopper program, and they benchmark themselves against their competitors. Whereas many of their competitors’ source from wholesalers like McLane or Core-Mark, Casey’s supplies their stores with groceries, food, health and beauty aids, and general merchandise from the distribution centers (DCs).
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. These are the must-haves for any effective freight sourcing team. Subscribe Here!
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