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7 Ways to Strategically Elevate Freight Procurement

Talking Logistics

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. As a strategic process, transportation procurement may still seem very tedious and challenging. Be demand driven.

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Strong Supply Chains Required For an Economic Rebound: Six Steps To Take

Supply Chain Shaman

My first focus was on China sourcing. China was the source of over 90% of PPE.) I gave thanks when the Patriots jet—championed by Mass General and Robert Kraft (owner of the Patriots)—landed in Boston with a million masks. Figure 1 shows a market-by-market planning model by a sinus drug manufacturer. Recovery Team.

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Five Tips on Sourcing Products From China

EMERGE App

Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! This underscores the importance of China being the world’s manufacturing hub in the past decade, and most likely for the next few decades. Introduction. Products are the lifeline of your business.

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Reshoring in America: The Future Outlook, Current Hindrances & Issues, and Ways to Stimulate Reshoring

GlobalTranz

To reiterate that reshoring is more than just hype and a very important topic for us to consider the Boston Consulting Group (BCG) study found that 54% of companies with above one billion in revenues are now considering reshoring. In fact, since the recession, more manufacturing companies have been lost than gained in the U.S.

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Report from Food Marketing Institute Highlights CPG Logistics Challenges

Zipline Logistics

Everything from food and beverage products to home improvement items saw a significant consumption bump as buyers, sidelined by pandemic restrictions, diverted their purchasing habits from experiences to consumer goods. The study analyzed supply chain performance at manufacturers, wholesalers, and retailers throughout 2020.

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All The Supply Chain News You Need To Know 3.11-3.15

Freight Plus

Lanes from Dallas to Los Angeles, Memphis to Atlanta, and Philly to Boston all gained ground. Truck manufactures reap spoils of robust economy. 310,000 Class 8 truck orders in 2018 marked the fourth strongest year for heavy duty truck purchases on record. Meanwhile, in this week's, "Where's my freight?!". Spotify. ,

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All The Supply Chain News You Need To Know 2.4-2.8

Freight Plus

In addition, the Taiwanese manufacturer pledged $10 billion to the plant and promised it would create 13,000 jobs. This news comes after WI city and local government bought out local homeowners via eminent domain, according to Freight Waves. Uber Freight sourcing truckers to rate shippers. according to Trucks.com.