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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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Risk Management in Global Ocean Context

The Logistics & Supply Chain Management Society

It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal. The areas that will be deliberated in future articles are ocean shipping market landscape, freight procurement, reliability & visibility and the competitive landscape.

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Hurricane season 2024: how to prepare your supply chain

Resilinc

As air and ocean surface temperatures rise, the likelihood of extreme weather events increases. From 2022 to 2023, extreme weather events grew 4.5%—a From 2022 to 2023, extreme weather events grew 4.5%—a Climate change is expected to increase the frequency of La Niña events in the coming decades.

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2022: A Look in the Rearview Mirror–Part I

American Global Logistics

Supply chains are still plagued by external events over which they have little control. We’ll look back to events in 2022 that show this transition and transformation in the making. Geopolitical events weighed heavily on supply chains in 2022, promoting volatility and uncertainty. It also led to inventory excesses.

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Managing transportation in times of tight capacity and high rates

Cathy Roberson

As shippers move past COVID-19 related closures, inventory replenishment has become a focus. To satisfy inventory needs, demand for imports has been on the rise since June of last year. If you can’t make the event, be sure to check in on my Twitter account (@cmroberson06) for thoughts and updates.

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Baltimore Bridge Collapse- A Reminder of Supply Chain Risk

Supply Chain Matters

and global wide headlines, not only for the significance of such a tragedy, but as a fresh reminder that events of such magnitude are now part of the landscape of supply chain and logistics risk. Coast Guard authorities are assured that the bridge debris and/or underwater obstacles are sufficiently cleared for cargo ship navigation.

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The Importance of Visibility In the Supply Chain

Precoro

In today’s globalized economy, extraordinary events on one continent can be felt worldwide, as companies tend to have complex supply chains involving suppliers from multiple countries. Cargo Status Current information about the location and status of cargo is the first pillar of supply chain visibility.