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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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Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP. The focus of the transportation suites was on cost mitigation and price negotiation. Watermelon Metrics Don’t Drive The Right Results.

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CSR Initiatives in the Global Supply Chain

The Logistics & Supply Chain Management Society

Recently, CEVA Logistics joined the Singapore Changi Airport community in a humanitarian aid project to transport 14,000-kilogram of oxygen concentrators from Los Angeles to Jakarta via Singapore. We want to support and enrich these local communities through what we do best: logistics and transportation services. Acting for Planet.

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The State of the Trucking Market in 2021

GlobalTranz

Talent shortages, especially limited drivers, will exacerbate the capacity crunch and result in shortages across warehousing and transportation simultaneously.? . Pent-up demand of customers and the strong predictions for another above-average peak season has put a unique burden on truckload and parcel transportation. Focusing on the?

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2022: A Look in the Rearview Mirror–Part I

American Global Logistics

Cargo planes could not fly out of or into Russia or Ukraine. Inflation set in for fuel and transport costs, increasing logistics costs as a whole over last year. The purpose, as stated on the NY Fed’s website, is to integrate “… transportation cost data and manufacturing indicators to provide a gauge of global supply chain condition.”.

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Understanding Supply Chain Management

SupplyPike

Supply Chain Management (SCM) is a systematic and controlled procurement operation. Procurement usually comprises a diverse range of suppliers chosen according to a conceived ability to supply merchandise at the right price. Five Key Metrics for Monitoring the Impact of Panic Buying on your Supply Chain.

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A ‘Beached Whale’ in the Suez Canal: Stuck Working Capital

NC State SCRC

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.