Freightos

MARCH 17, 2019

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. But Does Fixed Ocean Price Procurement Need Fixing? We never looked back.

Optimal Sourcing 120

Optimal Sourcing Procurement Freight Price Reduction 120

Supply Chain Game Changer

SEPTEMBER 9, 2020

Digital Procurement article and permission to publish here provided by Katherine Barrios of xeneta.com. The Hackett Group has recently released their analysis of their procurement benchmarking database. It demonstrates the advantages of working with a digital procurement strategy. Important Digital Procurement Trends.

Optimal Sourcing 58

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Procurement 58

ivalua

SEPTEMBER 8, 2022

The job of procurement is to ensure performance is as promised, risk is low and business objectives are being met through collaboration. Secure executive buy-in from procurement, supply chain and IT leadership. For example, there are shortages of active piers, forcing ships to anchor for days or weeks before they can unload.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Global 130

Supply Chain Shaman

FEBRUARY 18, 2021

Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP. Dwell times grow as more and more ships sit in the ocean waiting to unload. This was a gift from a member of a group that I am facilitating.)

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 278

CHAINalytics

MARCH 2, 2018

Atlanta, GA, 02 March 2018 – Chainalytics, a global leader in supply chain consulting, and Drewry, the global shipping consultancy, have partnered to launch an innovative ocean freight procurement solution for shippers.

Groups 48

Groups Procurement Solutions Atlanta Cargo 48

Supply Chain Matters

MARCH 27, 2024

A day has passed after a container ship lost power and crashed into a support pylon of Baltimore, Maryland’s Francis Scott Key Bridge in the early morning hours of March 26. Coast Guard authorities are assured that the bridge debris and/or underwater obstacles are sufficiently cleared for cargo ship navigation.

Baltimore 52

Baltimore Supply Chain Design Software Supply Chain Design Supply Chain Software 52

Supply Chain Game Changer

SEPTEMBER 21, 2022

The Supply Chain industry provides vast employment opportunities, from procurement to warehouse inventory, management, and shipping. The terms freight broker and freight agent are often confused in the cargo and shipping sector. Freight brokers and agents contribute significantly to optimizing the shipping process.

Negotiating Skills 96

Negotiating Skills Freight Purchasing Skills Optimal Sourcing 96

Logistics Viewpoints

MAY 19, 2022

He had a load full of cotton bales, and while idling away hours at a shipyard watching stevedores load other cargo onto ships he dreamed up containers that transformed global supply chains. Containerization eventually reduced shipping and loading costs by at least 75%.

Optimal Sourcing 228

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 228

Freightos

NOVEMBER 11, 2021

On the horizontal carrier integration front, Maersk has doubled down on its extension from ocean consolidation (Hamburg Sud, 2017) to air cargo, increasing Maersk Air by 33% with three leased cargo planes and two new Boeing purchases. Image via StarAir.dk). Behind the Maersk shift. Enter Big Tech. One goal, two different motivations.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

Resilinc

APRIL 21, 2016

This is part 1 of a 2-part blog addressing the International Civil Aviation Organization's (ICAO) recently enacted ban on the shipment of lithium-ion batteries as cargo consignments on passenger planes and the associated supply chain risks of such provisions.

Electronics 48

Electronics Shipping Supply Chain Cargo 48

Freightos

NOVEMBER 7, 2023

That is a huge success story for the air cargo industry and as promised it has brought significant efficiencies. Speed and Urgency : Air cargo is used for faster shipping options, and the need for rapid communication and tracking is more critical in this industry. Increasingly I think it’s an ultramarathon.

eBook 215

eBook Optimal Sourcing Negotiating Skills Cargo 215

Supply Chain Matters

JANUARY 25, 2023

Supply Chain Matters highlights a significant joint announcement from global shipping lines Maersk and MSC that should garner the interest to supply chain management transportation and logistics management teams. Bob Ferrari © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

Third Party Logistics 59

Third Party Logistics Sourcing Strategies Supply Chain Strategy Logistics Network Optimization Software 59

Freightos

FEBRUARY 22, 2024

Judah Levine February 22, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 1% to $4,889/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $6,764/FEU.

Price Reduction 177

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 177

Freightos

NOVEMBER 7, 2023

Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 3% to $1,609/FEU. Freight news travels faster than cargo Get industry-leading insights in your inbox.

Negotiating Skills 285

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction Strategies 285

Freightos

FEBRUARY 13, 2024

Judah Levine February 13, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 11% to $4,859/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $6,589/FEU.

Negotiating Skills 194

Negotiating Skills Optimal Sourcing Asia Europe 194

Freightos

FEBRUARY 28, 2024

Judah Levine February 28, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 2% to $4,809/FEU. Asia-US East Coast prices (FBX03 Weekly) fell 1% to $6,709/FEU.

Negotiating Skills 177

Negotiating Skills Asia Optimal Sourcing Yemen 177

Supply Chain Matters

JUNE 13, 2023

We therefore wanted to highlight another published survey that provides data reflecting on the beginning of the traditional peak shipping season, whether shippers are anticipating a classic peak season, along with their expectations of container shipping rates as industries prepare for second-half activity levels.

Survey 52

Survey Demand Planning Software Supply and Demand Panama 52

Freightos

JANUARY 3, 2024

Judah Levine January 3, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01) increased 63% to $2,713/FEU. Asia-US East Coast prices (FBX03) climbed 55% to $3,900/FEU.

Negotiating Skills 156

Negotiating Skills Asia Optimal Sourcing Europe 156

Freightos

DECEMBER 28, 2023

Judah Levine December 28, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 7% to $1,659/FEU. Asia-US East Coast prices (FBX03 Weekly) were level at $2,505/FEU.

Negotiating Skills 194

Negotiating Skills Price Reduction Asia Vendor Strategies 194

Freightos

JANUARY 10, 2024

Judah Levine January 10, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 60% to $2,713/FEU. America weekly prices fell 1% to $1.81/kg. America were level and N.

Negotiating Skills 221

Negotiating Skills Asia Price Reduction Optimal Sourcing 221

Freightos

DECEMBER 19, 2023

Judah Levine December 19, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 3% to $1,556/FEU. Asia-US East Coast prices (FBX03 Weekly) were level at $2,509/FEU.

Negotiating Skills 223

Negotiating Skills Asia Europe Optimal Sourcing 223

ivalua

FEBRUARY 10, 2020

Even more concerning is that the death toll has spread outside of mainland China and ships outside of ports in Hong Kong and Japan are being quarantined. . The death toll has reached over 900 and the number of confirmed cases has exceeded more than 40,000.

Risk Management 130

Risk Management Supply Chain Design Software Manufacturing Procurement Supply Chain Design 130

Supply Chain Matters

SEPTEMBER 6, 2022

The Wall Street Journal reported this week (Paid subscription or metered view) that ocean container freight rates related to the most active global shipping lanes continue to decline amid what is traditionally considered the peak shipping period leading up to the holiday fulfillment season in the November-December period. Bob Ferrari.

Report 52

Report Global Scenario Planning Forecasting 52

Supply Chain Matters

JULY 21, 2023

Bloomberg has cited an Anderson Economic Group estimate that a UPS strike lasting 10 days or more would impact the U.S. Consider that the cost to ship a ten pound package between 600 to 900 mile distance via UPS Ground has risen to $13.79, a 58 percent increase in five years. economy in $71.1 transportation and logistics interests.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Purchasing Skills Transportation 52

Supply Chain Matters

MAY 22, 2023

Container Shipping Industry The quarterly performance of ocean container shipping lines continue to reflect decreased volumes and significantly reduced profitability levels amid this industry’s reported 30 percent reduction in scheduled route capacity. The firm’s Maersk Line container shipping business unit reported net profit of $2.3

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

Supply Chain Matters

OCTOBER 10, 2023

In its reporting, Bloomberg indicated that Amazon has long practiced a strategy of taking stakes in business areas deemed a priority including a grocery chain, cargo airlines, EV powered parcel vans and others. OCEMA”) , an industry association consisting of 10 major international container shipping companies. All rights reserved.

Supply Chain Planning Software 52

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Logistics Bureau

MARCH 3, 2020

Containers are piling up in ports, international shipping has been hammered, Western companies are battling to source products from traditional suppliers, and disruptions are being experienced throughout the global supply chain. COVID-19 Impact on Shipping. COVID-19 Impact on Procurement. A Case in Point: Apple.

Manufacturing Procurement 59

Manufacturing Procurement Global Supply Chain Software Supply Chain 59

Freightos

AUGUST 26, 2015

Shipping Gazette Daily News. One of the most comprehensive daily summaries, and by far the leading Asian-based summary, China’s Shipping Gazette provides daily information about carriers, forwarders and technology. Air Cargo World. This American based niche news site specialises in air cargo. Logistics Management.

Resource Reduction 120

Resource Reduction Resources Logistics Network Optimization Software Logistics 120

Supply Chain Matters

APRIL 7, 2022

Global Shipping. The World Container Index , assessed by Drewy Consultants, is a compilation of eight major shipping routes to and from the United States , Europe and Asia. Shipping Transit Timeliness. The Flexport Ocean Timeliness Indicator tracks average ocean container shipping transit times. per 40-foot container.

Global Transportation 52

Global Transportation Logistics Network Optimization Software Cost Reduction Strategies Global 52

MIT Supply Chain

DECEMBER 15, 2020

The loads may never materialize, or the carrier may not have the capacity in the right place when it is scheduled to haul the cargo. Stumbles at the second hurdle of the procurement process Shippers typically bid out their freight business to carriers in an annual auction. A week later, on Nov. but not always. The central idea?—?which

Freight 52

Freight Optimal Sourcing Modeling Network Optimization 52

Supply Chain Matters

MARCH 3, 2022

A relatively new index is The Global Supply Chain Pressure Index (GSCPI) , developed by a group of researchers at the U.S. The World Container Index , assessed by Drewy Consultants, is a compilation of eight major shipping routes to and from the United States , Europe and Asia. Global Supply Chain Pressures Index. Bob Ferrari.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply Chain Optimization Global 52

ThroughPut

APRIL 10, 2020

This includes the final customers or groups of businesses. It helps coordinate the various supply chain activities, which include the complete range of procurement, development, implementation, commercialization, and delivery of the goods or services to the market. Logistics has, however, come a long way. Mounting transportation costs.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Supply Chain Planning Software Handbook 52

ThroughPut

APRIL 10, 2020

This includes the final customers or groups of businesses. It helps coordinate the various supply chain activities, which include the complete range of procurement, development, implementation, commercialization, and delivery of the goods or services to the market. Logistics has, however, come a long way. Mounting transportation costs.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Supply Chain Planning Software Handbook 52

ThroughPut

APRIL 10, 2020

This includes the final customers or groups of businesses. It helps coordinate the various supply chain activities, which include the complete range of procurement, development, implementation, commercialization, and delivery of the goods or services to the market. Logistics has, however, come a long way. Mounting transportation costs.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Supply Chain Planning Software Handbook 52

Enterra Insights

MAY 3, 2018

She adds, “There is more you could group under omnichannel, but that’s a good start.” ” Burnson goes to note that e-commerce is having an impact on air freight hubs, maritime cargo, middlemen, and intermodal operations. . Brick and mortar locations. Social media. Other digital efforts. ”[6].

Omnichannel 100

Omnichannel Procurement Analytics Supply Chain Design Software Analytics Software 100

Enterra Insights

MAY 6, 2019

Bindiya Vakil ( @BindiyaVakil ), Resilinc CEO, notes, “Supply chain, sourcing and procurement professionals are on the front lines of managing global trade risks for their companies. ” As the rock group Imagine Dragons sings, “Welcome to the new age.” ” The year ahead. “Hold on tight.”[2]

Pharmaceutical 100

Pharmaceutical Supply Chain Planning Software Supply Chain Planning Supply Chain Software 100

Supply Chain Matters

JUNE 21, 2022

The latest report is refreshingly more candid in depicting the challenges and ills of the logistics and transportation services sector and the need for new thinking and added emphasis on shipper and cargo holder value and service’s needs. entities as opposed to foreign owned entities such as global shipping and logistics companies.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52