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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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Just-in-Time vs. Just-in-Case Procurement During Supply Chain Disruption

Ware2Go

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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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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CSR Initiatives in the Global Supply Chain

The Logistics & Supply Chain Management Society

The overarching rule that all actions taken are meant to meet the needs of the present society without compromising future generations’ ability to meet their own needs, is a key driver. From just being environmentally friendly, it has become a holistic framework that encompasses the environment, social and corporate governance.

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How to Manage Supplier Risk and Performance in an Uncertain Global Economy

ivalua

The job of procurement is to ensure performance is as promised, risk is low and business objectives are being met through collaboration. It is critical to have full visibility across all your suppliers and knowing everything about them matters, because this may be the difference between meeting customer demand and falling short of it.

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Just-in-Time vs Just-in-Case Procurement During Supply Chain Disruption

Ware2Go

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 procurement 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.

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Straw Pallets – A Game Changer?

The Logistics & Supply Chain Management Society

Wood pallets used for export shipments also contain an unhealthy level of formaldehyde due to fumigation, posing an unnecessary health risk for cargo handlers. We can demonstrate how companies can “go green” and clean up their supply chains by adopting cargo moving equipment that is environmentally friendly, recyclable and, cost efficient.