How to Procure Full Truckloads in Tight Capacity

Cerasis

These rates will have natural implications for smaller shippers seeking to lower overall transportation and freight spend, and paired with a “blurred lines between peak shipping and shopping seasons,” shippers will experience increasing trouble when trying to procure full truckload capacity. The Great Capacity Crunch: The Current State, Future Outlook, & How Shippers Can Thrive in Any Capacity Crunch. Conducting annual procurement exercises.

Why Transportation Procurement is More than an Event

Talking Logistics

Sometime in the last half of 2018, the transportation market began to soften. In what felt almost like overnight, finding capacity wasn’t as much trouble as it had been for so many long, challenging months. Transportation Procurement: Things to Keep in Mind.

Capacity Crunch Strategies: How Does a 3PL Aid a Shipper in a Shipping Capacity Crunch?

Cerasis

A shipping capacity crunch is a necessary evil. Unfortunately, a shipping capacity crunch tends to occur during already stressed periods, like winter, after tropical storms and during peak shopping seasons. As capacity tightens, rates skyrocket, and shippers are left to pay the piper.

Transportation Market Update Outlook – Where Are We Headed?

Talking Logistics

Current Capacity Outlook. Despite a difficult first three quarters of 2018, the market began to show signs of softening and improved capacity in Q4. This softening and improved truckload and intermodal capacity has continued into 2019, and the outlook for a steadier market has remained.

How Automation in the Supply Chain Will Make Employees More Strategic & Improve the Overall Supply Chain

Speaker: Adam Robinson, Director of Marketing, Cerasis

Real-time Capacity Matching: Making Brokers More Efficient

Talking Logistics

Demand for these solutions, from both shippers and brokers, continues to grow because companies want to identify and implement better ways to plan and execute their transportation and logistics operations, which is what ultimately delivers value. Visibility Enables Faster Procure-to-Pay and Order-to-Cash processes : for example, you can leverage Electronic Proof of Delivery (ePOD) and geofencing to initiate invoicing and payment process. .

How Freight & Transportation Data Can Trim Your Transportation Spend

Cerasis

When you want to drive down your logistics and transportation spend, the very first thing that you need is freight and transportation data. Luckily, this isn’t the case for transportation data. Accurate freight and transportation data is particularly important.

How to Be a Preferred Shipping Customer: Strategies for the Coming Capacity Shortage

Talking Logistics

Shipper demand and carrier availability have come back into balance after several years of excess capacity. But there are a number of ways you can prepare to lessen—and possibly avoid—the impact of fewer drivers and the resulting capacity crunch. One challenge to this approach, however, is that many shippers focus exclusively on price when making their transportation decisions. Director of Product Management with responsibility for the company’s Transportation product line.

Revisiting Transportation Forecasting

Talking Logistics

Many companies have collaborative planning and forecasting processes with suppliers and manufacturing partners, but very few companies translate demand and production forecasts into transportation capacity requirements. In this episode, Adrian discusses the key challenges and opportunities associated with transportation forecasting. Watch as Adrian discusses: Two key reasons why transportation forecasting has been a challenge to implement.

Going Beyond Brokerage: How North American Capacity Solutions Can Go to Work for You

Talking Logistics

While these approaches can certainly deliver a significant return on investment (ROI), other strategies that can positively impact their transportation network are often overlooked – for example, thinking more strategically about capacity. It may be time to evaluate your transportation network and approach to procurement and make the move from simply fixing logistics problems as they present themselves to a more strategic, scalable model derived from analytics and not simply rates.

When Everything Goes Wrong in Truckload Transportation – It Often Goes Wrong for Everyone

CHAINalytics

By Matthew Harding | Vice President, Freight Market Intelligence, Chainalytics Daily chaos, loosely committed capacity from truckload carriers, missed budgets are simply the norm when you are a shipper dealing with transportation needs of your organization.

The Top 5 Reasons You Need a Transportation Sourcing Solution

Talking Logistics

If you are buying widgets, there are many ways to make your purchase, from going to a retail location, ordering online or using a standard procurement software tool that allows you to order lots of widgets and receive them over a specified period of time.

Spot Tendering: Are You Prepared for Capacity Shortfalls in Your Transportation Operation?

Supply Chain Nation

With the recent hurricanes that have hit Florida, Texas and Puerto Rico, we’ve seen another practical example where assumptions on carrier capacity are challenged at inopportune times. Large corporations are also hedging on securing capacity, creating more capacity challenges in the marketplace. For example, major retailers have recently started to secure large amounts of capacity to ensure they can deliver goods from mid-November through Christmas.

Responding to Tight Capacity and Rising Costs in Transportation

Talking Logistics

Tim Dalton, Director of Professional Services at BluJay Solutions , discusses the following questions and more in this timely and informative episode: Did the warning signs that emerged last year prompt many shippers to initiate a procurement engagement in 2017?

Differences Matter in EU and U.S. Transportation Procurement

TMC

As companies expand globally through mergers or organic growth, many are faced with the decision whether to combine logistics teams and apply a universal truckload procurement strategy across multiple regions. Truckload Procurement. Truckload Procurement.

How the best shippers manage capacity challenges

DAT Solutions

Especially with the ELD mandate, we need to inform our suppliers and distribution centers that their receiving hour window may no longer be conducive to transporting freight. – David Domencic, Senior Manager of Transportation Procurement, Armada Supply Chain Solutions.

Five Ways to Be a Shipper of Choice: Lessening Capacity Crunch Impact with a TMS

Talking Logistics

Whatever the cause, the end result is the same: trucking capacity is tight, really tight. Shippers are paying higher rates, and even with offering higher rates many shippers are seeing rejected loads from the same carriers they relied on for capacity in the past. As trucking companies work to add equipment and to attract drivers, they are carefully choosing which shippers are first in line for the limited capacity they do have available.

Transportation Procurement: Still Standing on the Sidelines?

Talking Logistics

Since last summer the warning signs have been there that shippers would be facing tighter capacity and increased transportation costs this year. In the second half of last year there were many factors impacting capacity in the trucking industry. This tightening capacity should have prompted shippers to go out to bid to secure their place in line, but it didn’t work out that way. Procurement’s Not the Only Answer.

5 Top Transportation Management Trends to Expect in 2018

Cerasis

Transportation management will evolve dramatically in 2018. In addition, the continued rise of freight trucking rates, as explained by James Jaillet of Overdrive Online , will demand newer, faster and more efficient transportation management systems (TMS). Fortunately, shippers can prepare for increasing prices by understanding these 5 top transportation management trends. The Freight & Transportation Management Trends to Know in 2018.

5 Differences Between Europe and U.S. Transportation Procurement

TMC

As companies expand globally through mergers or organic growth, many are faced with the decision of whether or not to combine logistics teams and apply a universal truckload procurement strategy across multiple regions. Truckload Procurement. Truckload Procurement.

How the best shippers manage capacity challenges

DAT Solutions

Especially with the ELD mandate, we need to inform our suppliers and distribution centers that their receiving hour window may no longer be conducive to transporting freight. – David Domencic, Senior Manager of Transportation Procurement, Armada Supply Chain Solutions.

How Transportation Management Technology & Regulations Impacted the Logistics Industry

Cerasis

Transportation management technology evolved throughout 2016. The IoT Became a Core Concept in Transportation Management Technology. Increasing urban mobility and accessibility of shipment routes are driving forces of IoT use in transportation management technology.

10 Ways Effective Transportation Management Drives Competitive Advantage

Cerasis

Transportation management is no longer a tactical approach to simply moving freight and doing it at the lowest possible cost. There are several factors that exist today that are forcing shippers to use even more resources, which distract from their core competencies , in order to have a strategic and much more nuanced, complex transportation management practice. 10 Tips to Remain Competitive and Have an Effective Transportation Management Strategy.

A Transportation Network is Your Pit Crew

Talking Logistics

You’ve developed a well thought out transportation plan that supports your supply chain. You’ve conducted a transportation procurement event and have agreements in place with carrier partners to provide the type of capacity you need, where and when you need it. You’ve communicated the final transportation plan and carrier strategy to your internal and external constituents, and have made essential business process changes to ensure successful execution.

The Do’s and Don’ts of Going to Market with Your Transportation RFP

Talking Logistics

This time of year, many shippers are reviewing and updating their transportation plan for the back half of the year and many will be considering issuing RFPs for new or changed capacity needs. I am often asked what shippers should consider (beyond the obvious of reducing cost) when deciding whether to go to market with a transportation RFP and what the associated best practices are. Procurement Strategy (Annual RFP, Targeted RFP, etc.).

Finding Truckload Capacity: Insights on Managing the Spot Procurement Process

Talking Logistics

Data from various sources indicate that truckload capacity is starting to tighten. For example, here’s some data from Wolfe Research published earlier this year: When capacity gets tight, shippers tend to leverage the spot market more. When it comes to finding spot capacity, a lot of shippers still “dial for diesels” — that is, they pick up the phone and call a bunch of carriers.

What Are Other Shippers Doing? Leading Practices in Transportation Procurement

Talking Logistics

In many ways, the success of a company’s transportation operations begins with how well it plans and executes its transportation procurement process. Do it right and you end up with competitive rates, assured capacity, and reliable service. Take the wrong approach or strategy and you might end up paying too much, scrambling for capacity, or dealing with service issues. How do we measure the success of a procurement engagement?

The State of the Industry: A Mid-year Look at Transportation and the Economy

Talking Logistics

At Transplace’s recent Shipper Symposium, a diverse group of shippers, logistics experts and analysts came together to discuss the latest industry trends and obstacles faced by supply chain and transportation professionals, and identify strategies for addressing these issues and improving operations.

The Future of Freight Procurement

Talking Logistics

Jeff Potts, Vice President of Sales at BluJay Solutions discusses the following questions and more in this timely and informative episode: What are you seeing with regards to rates and capacity based on the activities on your network and the shippers and carriers you work with?

The Top 5 Transportation Management Blogs of 2016 …So Far

Cerasis

Today's post will cover the top 5 Transportation Management blogs from 2016 so far. Top Transportation Management Blogs from the First Half of 2016 So Far. The transportation management blogs category most top viewed blog posts from the first half of 2016 included several elements of the transportation management. From transportation management trends to creating a competitive logistical edge. 6 Transportation Management Trends for 2016.

Change the Game: Take a Portfolio Management Approach to Transportation Optimization

Talking Logistics

The quest for transportation cost savings and service improvement is never ending, but many companies still take a fragmented approach to analyzing and optimizing their transportation operations. According to Brooks: Companies often make the mistake of thinking “I can’t afford 6 months or 9 months to do this transportation optimization project, so I’m going to try do it fast.

The State of Supply Chain Trends Part II: AI, Procurement, & the New Lean

Cerasis

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. Of course, the human controlling capacity for actual AI is still far from realistic, but the concept of a superior AI did make strides this year. Procurement’s Role Did Become More Important. Unfortunately, there continue to be major costs associated with procurement.

Lean 183

Where Do the Savings from Managed Transportation Services Come From?

Talking Logistics

Managed transportation service providers work to deliver transportation solutions to maximize service at the lowest cost through people, process, and technology. The process involves investigating the current transportation activities and engaging in new opportunities for cost-savings while optimizing service levels. A recent ARC Strategies study on managed transportation services found, on average, MTS can save a company between 2 and 10 percent of its transportation spend.

Why Truckload Lead Times Matter and How to Improve Them

TMC

But very few of us think about truckload capacity when we hear the phrase. Your capacity options are already drastically reduced: So, if you are trying to find a truck for today or even tomorrow, from this simple perspective, you already have a greatly diminished pool of capacity available.

Why Truckload Lead Times Matter and How to Improve Them

TMC

But very few of us think about truckload capacity when we hear the phrase. Your capacity options are already drastically reduced: So, if you are trying to find a truck for today or even tomorrow, from this simple perspective, you already have a greatly diminished pool of capacity available.

Advanced Strategies for Successful Ocean Freight Procurement

CHAINalytics

When it comes to ocean freight transport, shippers have benefited from almost a decade long “down-cycle” as far as rates are concerned. Over that period of time, shippers were able to secure capacity from a variety of competing carriers at a lower cost.

Procurement, Industry 4.0, Cybersecurity, Robotics and Automation: The Image of Manufacturing is Evolving.

Cerasis

Let’s take another look at how procurement, computing power, industry 4.0, cyber security, advanced robotics and automation became top priorities for research, development, and implementation throughout the past year’s operations in the manufacturing industry. . Procurement Operations Became Decentralized and Adaptable. Procurement is also becoming more interesting and involved. Twitter Facebook Google+ LinkedIn The post Procurement, Industry 4.0,