The Logistics & Supply Chain Management Society
OCTOBER 15, 2023
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.
The Logistics & Supply Chain Management Society
MARCH 14, 2023
Logistics Procurement – Performance Management by LSCMS Shippers’ Council Shortly after the outset of COVID, in early 2020, supply chains have been disrupted across the globe. Freight procurement is the mainstay of any supply chain professional but price is not the be-all and end-all.
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Freightos
FEBRUARY 28, 2024
However, interestingly enough, in today’s global freight environment, shipping from China to Los Angeles by ocean freight and following that up with air cargo shipments to Europe may actually be a more viable route. In other words, ocean cargo costs would cost about $0.21/kilogram kilogram to Europe. Total blended cost?
The Logistics of Logistics
SEPTEMBER 23, 2022
As third-generation CEO of Tucker Company Worldwide, Jeff oversees sales, marketing, and the company’s industry presence. He is on the board of directors for the National Industrial Transportation League and chairs its Highway Transportation Committee. About Jeff Tucker. About Breakbulk Americas.
Logistics Viewpoints
JULY 13, 2022
Weather delays can affect shipping lanes, manufacturers face product shortages, demand continues to spike for certain products, containers are difficult to acquire, and the trucking industry faces a driver and capacity shortage, just to name a few. When we think of fraud in the supply chains, often we think about organized cargo theft.
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. Technology rewrote industry rules and improved our listening to music.
Ware2Go
JANUARY 7, 2022
Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case inventory strategies. . As a result, procurement must decide when and whether to rely on just-in-time or just-in-case models for purchasing and managing stock. Advantages.
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