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Freight Procurement is a Different Game

Logistics Viewpoints

Procuring transportation for freight is much different than any other procurement category. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. The freight market is mercurial. One master of freight procurement is Kyle Masters.

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How manufacturers can respond to supply chain disruptions

SYSPRO Smarter ERP

Just about every supply chain will be affected by this crisis, for example, with fuel prices surging although there is no shortage yet, there’s risk in supply and shipping routes being cancelled or diverted. With digital technologies, organisations can use data to maximise visibility into demand, inventory, capacity, supply, and finances.

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Manufacturing Inventory Management: The Manufacturer’s Guide

Unleashed

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. It refers to the process of purchasing, storing, and tracking the various goods required to build a product. In this manufacturing inventory management guide What is manufacturing inventory management?

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This Week in Logistics News (January 27 – February 2)

Logistics Viewpoints

In some sort or another, Punxsutawney Phil has been predicting the weather since 1890, and let’s just say that his record is iffy at best. ” I assume that Phil tries to ignore the pomp and circumstance of how his shadow would determine the upcoming weather pattern, and just wants more sleep (like the rest of us on a cold winter’s day).

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KPIs to assist manufacturers and distributors with supply chain challenges

SYSPRO Smarter ERP

Manufacturers and distributors experienced huge supply chain disruptions due to the pandemic which exposed many vulnerabilities and tested the resilience of supply chain leaders globally. This is usually accomplished by using statistical sampling of all incoming materials that can produce charts to show the quality trends over time.

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Are Ocean Freight Prices Absolutely Broken?

Freightos

It’s hard to predict what demand will be like for products like these ahead of time. Just take a look at pricing fluctuations for Suntory’s Yamazaki 12 Year Old. Is ocean freight pricing broken? It took carriers months to adjust capacity to the new low-demand reality. And it can be fixed. It starts back in 2008. .

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Are Ocean Freight Prices Absolutely Broken?

The Logistics & Supply Chain Management Society

It’s hard to predict what demand will be like for products like these ahead of time. Just take a look at pricing fluctuations for Suntory’s Yamazaki 12 Year Old. Is ocean freight pricing broken? It took carriers months to adjust capacity to the new low-demand reality. And it can be fixed. But first, how did we get here?