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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. At the heart of it all, an effective procurement strategy remains paramount.

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The State of the Trucking Market in 2021

GlobalTranz

High freight volumes across all industries in the trucking market are expected to continue into 2022.? The added strain on resources is on track to force high freight volumes to continue well into the next year. Download the White Paper: Over the Road Freight Management Trends. Carrier Vetting for OTR Freight.

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A ‘Beached Whale’ in the Suez Canal: Stuck Working Capital

NC State SCRC

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. Because procurement executives were so focused on cost, they did not worry about shipment velocity. Well, what about air freight?

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Supply Chain Capacity in Ocean and Air Subject to Uncertainty Thru Recovery

Intelligent Audit

However, power is knowledge, and shippers who rely on data and transportation analytics to serve as a decision-making guide can make smarter transportation procurement decisions. It’s challenging to visualize the overall flow of ocean freight. At present, ocean freight requires a 2-week prebooking advance to get a spot on the ship.

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Supplier Risk Management: 4 Things To Look Out for During On-Site Evaluations

GlobalTranz

Editor’s Note: We continue our collaborative blog series with Ben Goldwasser of Spendrix, a company who helps shippers determine which carriers operate best in certain regions, and conditions, allowing you to be more thorough. In addition to securing cargo, also evaluate how well your carrier’s equipment is being maintained.

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2016 Supply Chain Trends: 7 of 12 Trends that Will Drive Supply Chain Management in 2016

GlobalTranz

Freight/Container Loading: Augmented reality could replace the need for a physical cargo list and load instructions. 2016 Supply Chain Trend #6: Procurement’s New (read Bigger) Role in the Supply Chain. None of those strategies work without a strong procurement practice that is integrated with other supply chain processes.