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

The Logistics of Logistics

SEPTEMBER 23, 2022

Breakbulk Americas , is the region’s largest trade event for the project cargo and breakbulk industry. In the podcast interview, Joe and Jeff discuss Tucker Company Worldwide and the Breakbulk Americas conference, the region’s largest trade event for the project cargo and breakbulk industry professionals. About Breakbulk Americas.

America 182

America North America Logistics Network Optimization Software Cargo 182

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.

Just-in-Time 98

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 98

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

JULY 16, 2023

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.

Risk Management 130

Risk Management Global Price Reduction Inventory Reduction 130

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 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.

Just-in-Time 52

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 52

Proxima

MAY 5, 2021

This has been exacerbated by the recent blockage of the Suez Canal by The Ever Given cargo ship. The post How procurement can help businesses beat inflation appeared first on Proxima. The Covid-19 pandemic and increased container demand (due to the increase in demand for PPE) has forced global shipping costs significantly higher.

Optimal Sourcing 52

Optimal Sourcing Procurement Price Reduction Cost Reduction Strategies 52

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

In order to achieve this target, CEVA Logistics is incorporating environmental considerations in a variety of areas of operations, from warehousing to transportation and procurement. We regularly assess our environmental footprint to look for areas to contribute to environmental sustainability in our communities. Acting for Responsible Trade.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

Freightos

JANUARY 15, 2024

Exploring alternative shipping routes and modalities, including air cargo, is crucial despite the higher costs. They should monitor the evolving geopolitical situation and adjust their shipping strategies accordingly. Budgeting for fluctuating rates and remaining abreast of carrier negotiations are essential strategies for navigating 2024.

Negotiating Skills 292

Negotiating Skills Optimal Sourcing Price Reduction Vendor Strategies 292

The Logistics & Supply Chain Management Society

AUGUST 15, 2021

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.

Material Savings 246

Material Savings Waste Reduction Cost Reduction Strategies Manufacturing Procurement 246

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. Procurement: Purchase price variance and procurement cost. The Emergence of Logistics as Constraint. Over time, this changed.

Supply Chain Planning Software 278

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

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. When suppliers are treated as partners, they can be a huge asset in times of trouble.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Global 130

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. Subscribe to Supply Chain Game Changer. 10 Tips To Be A Successful Freight Broker! License And Authority.

Negotiating Skills 96

Negotiating Skills Freight Purchasing Skills Optimal Sourcing 96

GlobalTranz

JUNE 23, 2021

Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing. Increase Stability of Transportation Procurement and Management by Partnering With GlobalTranz. Fewer labor resources are available to meet the rising demand in both the warehouse and in transit.

3PL 253

3PL Transportation Supply Chain Planning Software Real Estate 253

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

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

For example, Maersk ordered eight 16,000 TEU vessels to be operated on carbon-neutral methanol fuel, while DHL has purchased large amounts of sustainable aviation fuel and ordered 12 all-electric cargo planes. Most of the shippers procure their transport through long-term contracts with selected carriers.

Resource Reduction 237

Resource Reduction Cost Reduction Strategies Freight Optimal Sourcing 237

Resilinc

APRIL 8, 2024

These affected berths were crucial for handling tasks such as sand, bulk cargo discharge, and cruise operations. Multiple wharfs at the port suffered bulging. Notably, one pier collapsed by around 19 inches, prompting authorities to investigate a suspected rupture in an oil pipeline.

Taiwan 96

Taiwan Supply Chain Software Manufacturing Procurement Supply Chain 96

Freightos

MARCH 12, 2024

Judah Levine March 12, 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 7% to $4,419/FEU. Asia-US East Coast prices(FBX03 Weekly) fell 8% to $6,107/FEU.

Negotiating Skills 288

Negotiating Skills Optimal Sourcing Asia Europe 288

Freightos

JANUARY 30, 2024

Judah Levine January 30, 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 38% to $4,099/FEU. America air cargo rates climbed 11% last week to $5.33/kg,

Negotiating Skills 276

Negotiating Skills Optimal Sourcing Asia Europe 276

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. Improving on their marketing and procurement skills would help them achieve such aspirations.

Negotiating Skills 130

Negotiating Skills Buyer Training Logistics Network Optimization Software Logistics 130

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. Remember that there was zero airline ebooking at the beginning of 2018.

eBook 218

eBook Optimal Sourcing Negotiating Skills Cargo 218

Supply Chain Movement

NOVEMBER 6, 2014

Shipping Managers, Procurement Directors, Distribution Managers, Traffic Managers, Logistics Directors, SCM Directors, Sourcing Managers, Transport Managers and Supply Chain Directors from: Major High Street and Online Retailers. But essentially, it increases your bottom line. Who attends?

Manufacturing Procurement 79

Manufacturing Procurement Logistics Network Optimization Software Supply Chain Cargo 79

The Logistics & Supply Chain Management Society

JULY 16, 2023

He is also an Adjunct Professor with UTM Azman Hashim International Business School in Malaysia, conducting research on halal procurement strategy, halal supply chain management, and halal risk and reputation management. He is the author of ‘Halal business management: a guide to achieving halal excellence’.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 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. Image via StarAir.dk). Behind the Maersk shift. One goal, two different motivations.

Price Reduction 177

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

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.

Sourcing Strategies 75

Sourcing Strategies Negotiating Skills Optimal Sourcing Negotiate Pricing 75

American Global Logistics

DECEMBER 7, 2022

Cargo planes could not fly out of or into Russia or Ukraine. Cargo capacity exacerbated inventory shortages in the first half of 2023. Rather than risk running out of stock, businesses compensated by increasing procurement of inventory to err on the side of caution rather than face stock-out situations and unhappy customers.

Russia 52

Russia Inventory Reduction Price Reduction Modeling 52

Freightos

FEBRUARY 7, 2024

Judah Levine February 7, 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 7% to $4,367/FEU. America air cargo rates climbed 14% last week to $6.06/kg,

Negotiating Skills 177

Negotiating Skills Optimal Sourcing Syria Asia 177

GlobalTranz

SEPTEMBER 23, 2021

Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.? A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. Download the White Paper: Over the Road Freight Management Trends. Reducing Reliance on Outdated Systems and Technology.

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

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

Cathy Roberson

MAY 19, 2021

I recently chatted with Ron Lazo, vice president of professional services at Manhattan Associates, for an upcoming Air Cargo World podcast and I asked Ron what his customers are telling him about their current and future transportation needs. TMS has come a long way since its early days. . “Customers want data,” Ron said.

Modeling 64

Modeling Capacity Supply Chain Planning Software Transportation 64

Supply Chain Game Changer

AUGUST 18, 2021

There are many carriers and shipping companies specializing in the transportation of different types of cargo in different vehicle types. Like most companies, a trucking firm has various departments, including administration, procurement, accounting and finance, logistics, and transportation.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Buyer Training Manufacturing Procurement Pharmaceutical 98

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 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. Optimize your cargo packing. Audit your quotations/invoices. Auditing your quotation/invoice will help with this issue.

Negotiating Skills 69

Negotiating Skills Cost Reduction Strategies Optimal Sourcing Freight 69

Supply Chain Matters

MARCH 27, 2024

Coast Guard authorities are assured that the bridge debris and/or underwater obstacles are sufficiently cleared for cargo ship navigation. How in this era of advanced technology, navigation and cargo ship advancements could such a disaster such as this occur?

Baltimore 52

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

ivalua

MARCH 31, 2020

Fall in demand; cashflow shortfalls due to collection challenges; port congestion; and disruptions to air cargo, trucking and rail services, affect companies globally. Today, however, integrating and acting on vast reservoirs of information enable companies to become more agile and work around unexpected procurement disruptions.

Supply Chain Design Software 130

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

GlobalTranz

JUNE 21, 2017

Each episode features a different special guest, who brings his/her unique opinions regarding topics such as logistics, supply chain, cargo, freight, transportation, and education. The Centre for Logistics and Supply Chain Management is celebrating 35 years of thought leadership in logistics, procurement, and supply chain management.

Logistics Network Optimization Software 216

Logistics Network Optimization Software Supply Chain Software Supply Chain Logistics 216

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. America East Coast peak of $22k/FEU.

Shipping 306

Shipping Negotiating Skills Asia Yemen 306