Remove Cargo Remove Freight Remove Procurement Remove Sourcing

Ocean Freight Procurement and Going with the Stream

Freightos

The annual fixed-price contract is the current go-to for ocean freight procurement. Tenders can take BCOs (Beneficial Cargo Owners) three to five months of preparation, but despite this, the fixed price often breaks down during peak season. Source: SGX, Freightos Baltic Index.

Blockchain in freight forwarding – Is it the next big thing?

20Cube Logistics

Supply chain involves procurement, creating orders, packing, shipping and distribution of goods, etc., Well, with so much complexity, one would certainly require a reliable and transparent source to carry such enormous data and activities. How will blockchain impact freight forwarding?

Multimodal 2015 – Advanced Supply Chain Management and Logistics for Cargo Owners

Supply Chain Movement

Entering its eighth year, Multimodal has grown to become the UK and Ireland’s premier freight transport and logistics event. It is this ability to present the entire freight transport and logistics supply chain under one roof that makes Multimodal the go-to event for shippers, importers, exporters, manufacturers, wholesalers, retailers – all seeking ways to run a slicker supply chain. Multimodal 2015. Date: 28 – 30 April 2014. Venue: NEC Birmingham. Organiser: Clarion Events.

Pricing Power in a Cargo Bazaar: Does Revenue Management Add Value?

Supply Chain Nation

Logistics Service Providers (LSPs) were the center of the cargo transportation universe and the shippers were fully reliant on them for all their logistics needs. A true cargo pricing bazaar was the result. Those were the good old days.

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How Blockchain Could Create the 'Autonomous Container'

Supply Chain Brain

The technology features chips that monitor temperature and humidity within a 500-meter range of an air-freight container. Ettl says that drawback can be addressed through the use of Hyperledger , an open-sourced collaborative effort to develop blockchain technologies across industries. Smart Containers is preparing an initial coin offering (ICO) to support its use of blockchain for air-freight container monitoring.

Top 10 Global Supply Chain Risks

Supply Chain Game Changer

Risks exist in land, air and ocean freight. Poor grasp of hazards in your supply chain will increase freight spend and diminish brand value. Capacity fell by 3 percent, and up to $14 billion in cargo was unable to dock. Extreme weather represents one of the most significant risks to ocean freight on the globe. Source raw materials from reclamation centers where possible. Procurement departments must take the full burden of ensuring supplier consistency.

The Data Behind Amazon’s Logistics and Fulfillment Play

Freightos

Not even B2B is spared from these changing expectations (which is why we at Freightos launched an online freight marketplace ). Source: Amazon.com. There’s been less progress though with ocean freight, since Amazon registered as a freight forwarder several years ago.

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What are 1PL, 2PL, 3PL, 4PL, and 5PL?

Abivin

1PL: 1st Party Logistics Image Source First-party logistics service provider is a firm or an individual that needs to have cargo, freight, goods, products or merchandise transported from point A to point B.

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Ship Smarter: How to Avoid Bottlenecks in Your Global Operations

ThroughPut

You can’t just turn around a giant cargo ship. Once cargo has shipped, there are no “backsies.” Everything from custom duties to cargo inspections can create bottlenecks within the supply chain. This isn’t to say you should avoid international sources for goods.

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

Cerasis

Employ comprehensive solutions that support the entire source-to-settle process and create value for all parties involved in it. Freight/Container Loading: Augmented reality could replace the need for a physical cargo list and load instructions.

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This Week in Logistics News (May 7-11, 2018)

Talking Logistics

Source: [link]. Freight Operators Dismiss Threat of Digital Startups (WSJ – sub. Robinson launching a trans-Eurasian rail freight service between China and Europe. Full block train, single or multiple containers, LCL shipments and oversized cargo are available options.

What’s Looming for Transpacific Ocean Shipments this Peak Season?

CH Robinson Transportfolio

Accordingly, significant volumes of ocean cargo shifted to earlier sailings than normal, disrupting typical volume trends in the third and fourth quarters of 2018. This shows importers are shifting their sourcing locations to countries other than China. Procure enough capacity.

[INFOGRAPHIC] Interesting Facts & Financial Breakdown of the Global Logistics Market

Cerasis

Efficient logistics is an important determinant of a country’s competitiveness and source of employment. It is also defined as the procurement, maintenance, distribution, and replacement of personnel and material. Examples of this fundamental progress include the invention of the sea cargo container and the creation of novel service systems during the 20th century.

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Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks.

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36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

Bed Bath & Beyond @BedBathBeyond Bed Bath & Beyond has discovered a way to save millions of dollars on freight over the next few years, thanks to a new 755,000 square-foot distribution facility slated to open in the fall of 2019.

This Week in Logistics News (August 28 – September 1, 2017)

Talking Logistics

Freight Companies Scramble to Reroute Goods in Wake of Harvey (WSJ – sub. LevaData to Transform Strategic Sourcing for Global Procurement and Supply Chain Leaders. TSA reviewing cargo screening, concerned about terror vulnerabilities (CNN).

This Week in Logistics News (December 14-18, 2015)

Talking Logistics

In this week’s supply chain and logistics news… Amazon in talks to lease 20 jets to launch air-cargo business (The Seattle Times). That would help Amazon keep the cargo planes loaded even after the holiday crush ends. It’s warm outside.