Freightos

JANUARY 3, 2024

More Resources Home Red Sea and Suez Canal Shipping Crisis Update Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Even with an international naval force in place, Houthi attacks on commercial vessels in the Red Sea continue.

Shipping 306

Shipping Negotiating Skills Asia Yemen 306

Freightos

MARCH 17, 2019

The annual fixed-price contract is the current go-to for ocean freight procurement. Tenders can take BCOs (Beneficial Cargo Owners) three to five months of preparation, but despite this, the fixed price often breaks down during peak season. But Does Fixed Ocean Price Procurement Need Fixing? We never looked back.

Optimal Sourcing 120

Optimal Sourcing Procurement Freight Price Reduction 120

Supply Chain Shaman

FEBRUARY 18, 2021

Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP. Dwell times grow as more and more ships sit in the ocean waiting to unload. Procurement: Purchase price variance and procurement cost.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 278

Freightos

NOVEMBER 11, 2021

On the horizontal carrier integration front, Maersk has doubled down on its extension from ocean consolidation (Hamburg Sud, 2017) to air cargo, increasing Maersk Air by 33% with three leased cargo planes and two new Boeing purchases. Image via StarAir.dk). Behind the Maersk shift. Enter Big Tech. One goal, two different motivations.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

GlobalTranz

JUNE 23, 2021

Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing. Increase Stability of Transportation Procurement and Management by Partnering With GlobalTranz. Fewer labor resources are available to meet the rising demand in both the warehouse and in transit.

3PL 253

3PL Transportation Supply Chain Planning Software Real Estate 253

Freightos

MARCH 6, 2024

Judah Levine March 6, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 1% to $4,754/FEU. In terms of air cargo labor, repeated strikes by ver.di

Negotiating Skills 279

Negotiating Skills Asia Optimal Sourcing Europe 279

Logistics Viewpoints

JULY 8, 2022

Although the company has not disclosed details, it is believed to be having trouble procuring parts for Bluetooth wireless communications components used in the controllers and main units as well as analog chips for controlling currents. Nintendo is having negotiations on procurement, but the outlook is uncertain. This is not normal.

Negotiating Skills 204

Negotiating Skills Negotiate Pricing Logistics Network Optimization Software Los Angeles 204

Freightos

NOVEMBER 7, 2023

Looking beyond digital waybills to digitalizing business processes, we always like to focus on bookings as the bellwether of digitalization. Instant eBookings on the Freightos platform have enjoyed a staggering compound annual growth rate (CAGR) of 272% in the last 3 years, with growth dominated by airline bookings.

eBook 218

eBook Optimal Sourcing Negotiating Skills Cargo 218

Freightos

NOVEMBER 7, 2023

Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 3% to $1,609/FEU. Freight news travels faster than cargo Get industry-leading insights in your inbox.

Negotiating Skills 289

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction Strategies 289

NC State SCRC

MARCH 25, 2021

By now many of you have heard about the “Ever Given”, which has been stuck in the Suez Canal since Tuesday, and is blocking all container ships trying to get through with their cargo. For many years, as we moved to low cost countries, the shipping industry benefited. It may take weeks, by some estimates.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Cargo Waste Reduction Material Savings 52

Freightos

MAY 31, 2022

World trade is built on a foundation of global shipping. In the two years prior to starting Freightos, I witnessed, as CEO of a company called Lightech, how international shipping is offline, opaque and inefficient, adding cost and uncertainty to cross-border trade. But it doesn’t always work. Enter Freightos.

Purchasing Skills 156

Purchasing Skills Predictive Analytics Software Logistics Network Optimization Software Supply Chain Planning Software 156

Freightos

FEBRUARY 22, 2024

Judah Levine February 22, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 1% to $4,889/FEU.

Price Reduction 177

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 177

SCMDOJO

JULY 26, 2023

Negotiation, a crucial skill in the realms of business and procurement, demands the ability to remain calm, collected, and confident even in the most challenging situations. These films were chosen to inspire and educate both aspiring negotiators and seasoned procurement managers.

Negotiating Skills 91

Negotiating Skills Purchasing Training Buyer Training Manufacturing Procurement 91

Freightos

DECEMBER 6, 2023

Judah Levine December 6, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) were level at $1,620/FEU. Freightos Air Index data show that China – N.

Negotiating Skills 246

Negotiating Skills Price Reduction Asia 246

Freightos

NOVEMBER 28, 2023

Judah Levine November 28, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 3% to $1,613/FEU. Europe prices increased 6% to $4.47/kg,

Negotiating Skills 198

Negotiating Skills Price Reduction Vendor Strategies 198

Freightos

FEBRUARY 28, 2024

Judah Levine February 28, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 2% to $4,809/FEU. Asia-US East Coast prices (FBX03 Weekly) fell 1% to $6,709/FEU.

Negotiating Skills 177

Negotiating Skills Asia Optimal Sourcing Yemen 177

Freightos

FEBRUARY 13, 2024

Judah Levine February 13, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 11% to $4,859/FEU. American ocean trade.

Negotiating Skills 194

Negotiating Skills Optimal Sourcing Asia Europe 194

Freightos

DECEMBER 13, 2023

Judah Levine December 13, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 1% to $1,603/FEU.

Negotiating Skills 227

Negotiating Skills Optimal Sourcing Price Reduction 227

Freightos

DECEMBER 28, 2023

Judah Levine December 28, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 7% to $1,659/FEU. Freightos Air Index rates for Asia – N.

Negotiating Skills 194

Negotiating Skills Price Reduction Asia Vendor Strategies 194

Freightos

JANUARY 3, 2024

Judah Levine January 3, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01) increased 63% to $2,713/FEU. Asia-US East Coast prices (FBX03) climbed 55% to $3,900/FEU.

Negotiating Skills 156

Negotiating Skills Asia Optimal Sourcing Europe 156

Talking Logistics

SEPTEMBER 20, 2017

Peak season for ocean freight shipping is underway. Here’s an easy way to think about the regular and potential future disruptions that could impact your ocean shipping strategy, and what you can do to prepare for what comes next. At these times of the year, you should see less risk to your standard ocean shipping strategy.

Scenario Planning 106

Scenario Planning Supply Chain Planning Freight BRIC 106

Freightos

DECEMBER 19, 2023

Judah Levine December 19, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 3% to $1,556/FEU. Asia-US East Coast prices (FBX03 Weekly) were level at $2,509/FEU.

Negotiating Skills 227

Negotiating Skills Asia Europe Optimal Sourcing 227

Freightos

JANUARY 10, 2024

Judah Levine January 10, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 60% to $2,713/FEU. America were level and N.

Negotiating Skills 224

Negotiating Skills Asia Price Reduction Optimal Sourcing 224

Freightos

AUGUST 26, 2015

Shipping Gazette Daily News. One of the most comprehensive daily summaries, and by far the leading Asian-based summary, China’s Shipping Gazette provides daily information about carriers, forwarders and technology. Air Cargo World. This American based niche news site specialises in air cargo. Logistics Management.

Resource Reduction 120

Resource Reduction Resources Logistics Network Optimization Software Logistics 120

Enterra Insights

SEPTEMBER 16, 2022

In his first week in office, President Biden signed Executive Order 14005, Ensuring the Future is Made in America by All of America’s Workers, launching a whole-of-government initiative to strengthen the use of federal procurement to support American manufacturing.”[1] Procurement must also be considered.

Manufacturing Procurement 130

Manufacturing Procurement Resource Reduction Price Reduction Cost Reduction Strategies 130

Logistics Bureau

MAY 8, 2023

BOOK NOW If you’d like some help to improve your freight management, please book a free consultation call here. The adverse effects of such a mistake might include inventory availability issues during seasonal sales surges or in the event of an unforeseen shipping crisis, for instance.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Freight Resource Reduction 52

Shipchain

DECEMBER 20, 2018

Ship Lilly. The blog is run by Lilly and Associates and covers a huge range of topics from drop shipping, outsourced fulfillment, the trucking shortage, U.S.-China The Cerasis blog posts a steady stream of blogs, whitepapers, e-books and infographics, all written by Adam Robinson. More Than Shipping.

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 134

Enterra Insights

FEBRUARY 14, 2020

Francisco Ricaurte reports, “To ensure these precious flowers arrive at peak freshness, UPS shepherds the shipments from colorful growing fields in Latin America through the Miami International Airport — where UPS is one of the largest air cargo carriers — to final recipients in less than two days. ”[6].

Logistics Network Optimization Software 113

Logistics Network Optimization Software Logistics S&OP Procurement Analytics 113

Logistics Bureau

DECEMBER 9, 2019

Some of their biggest challenges lie in supply chain and logistics management, with many SMEs struggling to access shipping solutions and distribution networks controlled by gigantic enterprises that focus on serving similarly enormous customers. International shipping is complicated, and documentation requirements hard to understand.

Logistics Network Optimization Software 96

Logistics Network Optimization Software Supply Chain Software Trends Agile and Lean Supply Chain 96

FLEXE

DECEMBER 11, 2016

I’m Nerijus Poskus — Director of Pricing and Procurement at Flexport. Basically, responsible for ocean freight carriers, ocean ships that rely on truck companies. So today and yesterday, there was not enough capacity, cargo was rolled, prices spiked. More than half of Hanjin’s ships were chartered.

Modeling Software 31

Modeling Software Logistics Network Optimization Software Supply Chain Design Software Predictive Analytics Software 31

Locus

JUNE 3, 2022

The latter was so severe that cargo ships had to run at half their usual capacity. Download our E-Book on Supply Chain Sustainability and Profitability with Green Logistics. In the case of manufacturers, it means procuring green and sustainable raw materials. Both inbound and outbound delivery flows were affected.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

Supply Chain Game Changer

NOVEMBER 25, 2018

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. It follows on the company’s gradual conquest of the logistics space over the last few years, including the licensing of 20 Boeing 767 air cargo jets, the acquisition of wholesale shipping licenses, and forays into trucking. Subscribe Here!

Food 47

Food Supply Chain Strategy Price Reduction Supply Chain 47

Supply Chain View from the Field

DECEMBER 5, 2014

For example, the widening of the Panama Canal will change the conditions here in North Carolina, as enormous container ships will be circumnavigating the globe. And in Panama a huge transshipment area will grow where they will will do break bulk, put cargo onto smaller ships and send to North America.

Supply Chain Network Software 68

Supply Chain Network Software Meeting Transportation North Carolina 68

Supply Chain Opz

NOVEMBER 9, 2014

Therefore, a firm would be well served to develop a supply chain strategy as described in my book: Supply Chain Transformation. Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

MIT Supply Chain

JANUARY 11, 2021

Chris Caplice, Executive Director, MIT CTL, Founder & Co-Director, MIT FreightLab Develop and pilot a more dynamic truckload transportation procurement and management process. from small delivery drones to heavy-lift cargo vertical takeoff and landing craft?—?can Determine how unmanned aerial vehicles?—?from

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Modeling 52

CH Robinson Transportfolio

AUGUST 28, 2018

Transpacific Air and Ocean Shipping Space Is Already Tight | Transportfolio. If you’ve heard the term “perfect storm” applied more to transportation lately than you have since the book by Sebastian Junger came out in 1997, you’re not alone. Peak shipping season has heated up early. Shoulder season; shipping ramps up.

Shipping 34

Shipping Capacity Cargo Freight 34

6 River Systems

SEPTEMBER 17, 2019

With how quickly new technology, tips and warehouse management techniques are emerging, wouldn’t it be nice to take a page from someone else’s book? The new facility will allow the company to offer two-day shipping to most (about 90%) of the U.S. The world of supply chain and logistics is changing every day.

Supply Chain Design Software 45

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Inventory Reduction 45