Freightos

JANUARY 15, 2024

It took time for the situation to normalize, especially for complex products like semiconductors that require a lot of moving parts in the global supply chain. It took time for the situation to normalize, especially for complex products like semiconductors that require a lot of moving parts in the global supply chain. The latest?

Negotiating Skills 292

Negotiating Skills Optimal Sourcing Price Reduction Vendor Strategies 292

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. Time to go with the stream. But Does Fixed Ocean Price Procurement Need Fixing?

Optimal Sourcing 120

Optimal Sourcing Procurement Freight Price Reduction 120

The Logistics & Supply Chain Management Society

JULY 16, 2023

It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal. It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal. For a start, we need to critically assess of our end-to-end ocean processes.

Risk Management 130

Risk Management Global Price Reduction Inventory Reduction 130

Supply Chain Shaman

FEBRUARY 18, 2021

The output was just not helpful. We have too hard-wired solutions bolted into IT architectures to enable the flexibility needed by business leaders during times of high variability. Initially, the output was published to procurement to design strategic buying strategies. Over time, this changed. It will not be over soon.

Supply Chain Planning Software 278

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

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

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

From just being environmentally friendly, it has become a holistic framework that encompasses the environment, social and corporate governance. Over the last decade, the idea of corporate social responsibility (CSR) has greatly evolved. The logistics business, is predominantly a network business driven by our employees. Photo Credit: L’Oréal.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

Logistics Viewpoints

AUGUST 9, 2022

Just last year many were chartering their own cargo ships to get all these goods to their destinations.) Inventory management is challenging enough in normal times. But given more than two years of incessant and unprecedented supply chain disruptions, we may never see “normal times” again. What’s in manufacturing?

Inventory Management Software 224

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 224

Logistics Viewpoints

SEPTEMBER 19, 2023

Management practices such as lean manufacturing and just-in-time inventory management, along with globalization, have made tremendous impact on cost and service, but have accentuated risk. Metrics such as lead-times, forecast accuracy, inventory levels, and service are used to measure operational risks.

Supply Chain Design Software 231

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 231

The Logistics & Supply Chain Management Society

MAY 15, 2023

Coupled with softening customer demand and the return of air-cargo belly capacity, the current airfreight market condition presents a perfect opportunity for shippers to regain, maintain and balance influence and control. Shippers have until quite recently been faced with a daunting challenge when it comes to negotiating with LSPs.

Negotiating Skills 130

Negotiating Skills Buyer Training Logistics Network Optimization Software Logistics 130

Supply Chain Matters

APRIL 11, 2024

It has been just over two weeks since 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. Sadly, the death toll involving mostly construction and road maintenance personnel working on the bridge at the time of the accident has risen to 13.

Baltimore 52

Baltimore Scenario Planning Cargo New Jersey 52

ToolsGroup

APRIL 1, 2022

With every link of the supply chain impacting businesses both large and small, keeping up with the globally disrupted supply chain evolution is a recipe for whiplash. In this blog post, we’ve compiled a list of over 100 supply chain crisis statistics to help you stay informed and build a more agile, resilient supply chain. Chain Store Age ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

GlobalTranz

SEPTEMBER 23, 2021

Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.? The state of the trucking market in 2021 is uncertain, filled with risk, and continues to evolve, making logistics management challenging.? Capacity Constraints Continue to Arise. Top causes of capacity constraints include:

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Logistics Viewpoints

DECEMBER 5, 2022

Molex ended up selecting a product from Infor Nexus – GT Nexus at the time. The fact that most manufacturers struggled to achieve supply chain agility during COVID is not news. Those industries include data communications, medical, industrial, automotive and consumer electronics. It is part of Koch Industries. The Molex Supply Chain.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 196

Supply Chain Matters

MARCH 27, 2024

As has been widely reported, human casualties could have been far more tragic if it were not for a mayday warning transmitted from the vessel and the efforts of bridge authorities to immediately stop all vehicular traffic just prior to the collision. The collision caused this massive bridge spanning 1.6 This disaster has made U.S.

Baltimore 52

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

Logility

JUNE 29, 2021

Cargo stuck in the Suez Canal, a gas pipeline breach, an overburdened power grid, and shortages in lumber, plastics, and semiconductors – all these events in the last few months should make any supply chain executive nervous. Connecting Demand Predictability, Lead Time, and Customer Satisfaction. The result of all this work?

Optimal Sourcing 130

Optimal Sourcing Sourcing Strategies Material Savings Vendor Strategies 130

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. More on Maersk’s transition to an end-to-end provider can be found in this 2020 report.

Price Reduction 177

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

Freightos

MARCH 6, 2024

Judah Levine March 6, 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 1% to $4,754/FEU. Europe – N. America weekly prices fell 1% to $2/kg.

Negotiating Skills 279

Negotiating Skills Asia Optimal Sourcing Europe 279

SCMDOJO

JULY 26, 2023

Negotiation, a crucial skill in the realms of business and procurement, demands the ability to remain calm, collected, and confident even in the most challenging situations. These films were chosen to inspire and educate both aspiring negotiators and seasoned procurement managers.

Negotiating Skills 91

Negotiating Skills Purchasing Training Buyer Training Manufacturing Procurement 91

ivalua

MARCH 31, 2020

For most consumers, it was a disorienting and anxious time. But for businesses of just about every type, the disruptive impact of the epidemic was something more ominous: It presented an existential threat to their survival. At the same time, however, there was a glimmer of good news. But recovery may be fragile.

Supply Chain Design Software 130

Supply Chain Design Software Agile and Lean Supply Chain Manufacturing Procurement Supply Chain Software 130

The Logistics & Supply Chain Management Society

JUNE 14, 2023

5 Immediate Impacts of the Ocean Shipping Reform Act of 2022 By Nat Josef Just when it seemed like bipartisanship was going the way of the dinosaurs, Congress recently came together to pass the Ocean Shipping Reform Act of 2022, which President Biden signed into law on June 16th. Amy Klobuchar (D-Minn.) and John Thune (R-S.D.)

Supply Chain Design Software 130

Supply Chain Design Software Shipping Logistics Network Optimization Software Forecasting Software 130

The Logistics & Supply Chain Management Society

JULY 16, 2023

Enterprises need to urgently shift their ambition level from just halal certification, to corporate halal reputation and halal DNA. Halal market alignment is a new paradigm for brand owners serving Muslim markets as shown in figure 1. On the other hand, halal risks in the entire supply chain are not on their radar screens.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

Freightos

NOVEMBER 7, 2023

Now, just five years later, we exceeded a rate of 1 million eBookings per year in Q3 2023, mostly airline eBookings. That is a huge success story for the air cargo industry and as promised it has brought significant efficiencies. Time and money. Here at Freightos, our vision is to digitalize international freight–air and ocean.

eBook 218

eBook Optimal Sourcing Negotiating Skills Cargo 218

Freightos

JANUARY 3, 2024

More Resources Home Red Sea and Suez Canal Shipping Crisis Update Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Even with an international naval force in place, Houthi attacks on commercial vessels in the Red Sea continue.

Shipping 306

Shipping Negotiating Skills Asia Yemen 306

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. A plan is a point in time, so any solution must be paired with agility to adjust when the inevitable changes occur. The myth of the “perfect plan”.

Optimal Sourcing 228

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 228

Cathy Roberson

MARCH 25, 2024

But one can only cut their way to growth for just so long. Subscribe for free to receive new posts and support my work. FedEx proved it could cut its way to profitability. However, what it could not do was to grow its business. Neither could UPS when it announced its Q4 earnings in January. billion, operating profit declined 22.5% billion.

Supply Chain Design Software 51

Supply Chain Design Software Logistics Network Optimization Software Supply Chain Network Software Modeling Software 51

Supply Chain Game Changer

OCTOBER 29, 2020

Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. Whether you are a BCO (Beneficial Cargo Owner), Freight Forwarder or NVOCC it is essential that you get this critical component right. Use of Freight Rate Benchmarking.

Sourcing Strategies 75

Sourcing Strategies Negotiating Skills Optimal Sourcing Negotiate Pricing 75

Enterra Insights

SEPTEMBER 16, 2022

In his first week in office, President Biden signed Executive Order 14005, Ensuring the Future is Made in America by All of America’s Workers, launching a whole-of-government initiative to strengthen the use of federal procurement to support American manufacturing.”[1] Reality says something quite different.

Manufacturing Procurement 130

Manufacturing Procurement Resource Reduction Price Reduction Cost Reduction Strategies 130

Freightos

JANUARY 16, 2024

Judah Levine January 16, 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 5% to $2,588/FEU. Europe – N. America weekly prices increased 2% to $1.84/kg.

Negotiating Skills 233

Negotiating Skills Asia Optimal Sourcing Europe 233

SCMDOJO

MAY 13, 2022

The advent of containerization heralded a revolution in cargo handling techniques, the ramifications of which are still influencing maritime trade all over the world today. ports of Los Angeles and Long Beach which saw their busiest March on record, handling a combined 898,287 TEU’s. Supply Chain KPI Dashboard.

Supply Chain Design Software 83

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Design 83

ThroughPut

FEBRUARY 1, 2023

u can’t just turn around a giant cargo ship. Once the cargo has shipped, there is no “backsies.” But it isn’t just international law that complicates matters. Everything from custom duties to cargo inspections can create bottleneck operations within the global supply chain strategies. In 2017, the U.S.

Material Savings 52

Material Savings Price Reduction Expense Reduction Sourcing Strategies 52

NC State SCRC

MARCH 25, 2021

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. It may take weeks, by some estimates.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Cargo Waste Reduction Material Savings 52

Precoro

APRIL 18, 2023

When these systems are well integrated, it results in better transparency and ensures the purchasing company is notified of any red flags on the supplier’s side immediately, and has enough time to address them. Cargo Status Current information about the location and status of cargo is the first pillar of supply chain visibility.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Real-time Visibility Supply Chain Software 98

Supply Chain Game Changer

APRIL 29, 2020

Even within the FCL option, optimization maybe achieved using the right type of container for the right type of cargo – like 20’ container for weight based cargo and 40’container for volume based cargo. The cheapest quote may not always provide overall cost savings. Know the market and the rates that are prevalent.

Negotiating Skills 69

Negotiating Skills Cost Reduction Strategies Optimal Sourcing Freight 69

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. Europe, the Mediterranean and North America’s East Coast.

Negotiating Skills 194

Negotiating Skills Price Reduction Asia Vendor Strategies 194

Supply Chain Game Changer

FEBRUARY 1, 2022

Logistics has been in the news a lot lately, and it will continue to be for some time to come. ” It is clear from these definitions that Logistics transcends not only Freight management, but it goes far beyond just the notion of moving goods. .” Featuring Our Top 16 Articles on Freight and Logistics!

Logistics Network Optimization Software 89

Logistics Network Optimization Software Logistics Resource Reduction Military 89

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. Some carriers are shortening the “free time” N. Europe – N.

Negotiating Skills 156

Negotiating Skills Asia Optimal Sourcing Europe 156

Intelligent Audit

APRIL 22, 2022

Procurement leaders who take bold action can make a decisive difference in sustainability.” As evolving logistics trends continue to take the stage, procurement methods that enable sustainability will become the norm. . In years past, sustainable logistics companies have been outliers among the broader freight transportation industry.

Waste Reduction 52

Waste Reduction Sourcing Strategies Cost Reduction Strategies Sustainability 52