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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. To thrive in this ever-evolving landscape, shippers must embrace a flexible and responsive approach.

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Are Ocean Freight Prices Absolutely Broken?

The Logistics & Supply Chain Management Society

And the lack of demand visibility is a big contributor to China-US ocean freight rates doubling to the West Coast since June, and passing USD4,000/FEU to the East Coast – which was surprising as most analysts thought that rates and profits would freefall. Is ocean freight pricing broken? Are Ocean Freight Prices Absolutely Broken?

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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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Innovations in using Technology to stay ahead in the Game!

The Logistics & Supply Chain Management Society

Breaking out of the traditional sales process, CEVA Logistics launched MyCEVA, a digital, web-based freight forwarding platform offering instant quotations, fast booking, end-to-end visibility and assistance from booking to delivery. LogiSYM Supply Chain Magazine – May 2021. MORE FROM THIS EDITION.

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Driving Sustainable Growth Through Supply Chain Resilience

The Logistics & Supply Chain Management Society

As of January 1, 2022, it was taking a company an average of 73 days to deliver goods to truck or rail carriers after booking with an ocean carrier and completing the cross-ocean journey, according to E2open’s Ocean Shipping Index. In fact, global freight rates have increased tenfold since the start of the pandemic.

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Strategic Priorities for Post Pandemic Supply Chains

The Logistics & Supply Chain Management Society

Regional supply chains will be shorter and more localised, enabling companies to benefit from reduced lead times, freight costs and emissions, at the same time as increasing control, responsiveness and resilience. Sustainability Everyone is now ever-more conscious of climate change and the importance of the sustainability agenda.

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Real Results Magazine: Must-Have Tips to Boost Your Supply Chain

BlueYonder

If you’re like me, you’re reading a couple of good books, have several more on your “got to get to” list and a magazine or two with the corners folded down for when you have a little airplane time or for a quick read over lunch. Once you do, we’d love your feedback.