Ocean Freight Procurement and Going with the Stream

Freightos

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. Remember iPods?

Multimodal 2015 – Advanced Supply Chain Management and Logistics for Cargo Owners

Supply Chain Movement

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. Events Clarion Events distribution managers event freight transport logistics Multimodal NEC Birmingham procurement directors shipping managers Supply Chain Directors traffic managers Multimodal 2015. Date: 28 – 30 April 2014.

Chainalytics and Drewry partner to create Ocean Buying Group for small and medium sized shippers

CHAINalytics

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.

Hanjin Shipping Bankruptcy

3PL Insights

Global Shipping Effects of the Hanjin Bankruptcy. The company represents almost 8% of trans-Pacific trade shipments for the United States market, and now they have stopped accepting new cargo. So how will this affect the global shipping and trade markets?

E2open Completes Acquisition of INTTRA, Bringing Together Leading Global Cloud Supply Chain Management and Leading Ocean Shipping Network

E2open

This brings together the world leader in ocean shipping logistics covering a majority of ocean shipping container capacity, with the global supply chain and logistics network of E2open. The combination of the largest ocean shipping network with the largest beneficial cargo owner (BCO) supply chain network will bring powerful benefits including: Real-time end-to-end visibility with the ability to monitor and react to changing global needs.

New Lithium-Ion Battery Shipping Regulations Can Impact Electronics Supply Chains (Part 1)

Resilinc

This is part 1 of a 2-part blog addressing the International Civil Aviation Organization's (ICAO) recently enacted ban on the shipment of lithium-ion batteries as cargo consignments on passenger planes and the associated supply chain risks of such provisions.

How to Plan for Common Disruptors in Ocean Freight

Talking Logistics

Peak season for ocean freight shipping is underway. Here’s an easy way to think about the regular and potential future disruptions that could impact your ocean shipping strategy, and what you can do to prepare for what comes next. Robinson offices, procurement teams, and customers.

How Blockchain Could Create the 'Autonomous Container'

Supply Chain Brain

There’s nothing new, for example, about a carrier’s ability to monitor the interior temperature and humidity of a shipping container while in transit. It knows where it’s located, that it has all shipping documents attached in virtual form on the blockchain, and when it runs into trouble can call for help.” The development of autonomous shipping equipment is likely to track that of self-driving vehicles, as the need for human involvement in transportation gradually diminishes.

How Green Shipping Can Enhance Your Business’s Sustainability Quotient

Freightera

This rise in demand and supply of goods also calls for an added focus towards sustainable shipping practices to ensure the environment doesn’t get affected by it all. Why We Need Sustainable Shipping? Lastly, sustainable shipping practices also offer financial relief.

Top 10 Global Supply Chain Risks

Supply Chain Game Changer

For instance, the bankruptcy of South Korea’s 7th largest shipping company (Hanjin Shipping) led to a dramatic reduction in global supply chain shipping capacity. Capacity fell by 3 percent, and up to $14 billion in cargo was unable to dock. Shippers need to re-evaluate ocean route use and determine which carriers can increase shipping in anticipation of tropical storms. Procurement departments must take the full burden of ensuring supplier consistency.

What are 1PL, 2PL, 3PL, 4PL, and 5PL?

Abivin

1PL: 1st Party Logistics Image Source First-party logistics service provider is a firm or an individual that needs to have cargo, freight, goods, products or merchandise transported from point A to point B. 2PL is the actual carrier, such as shipping lines, airlines, car carriers.

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Transpacific Air and Ocean Shipping Space Is Already Tight

CH Robinson Transportfolio

Transpacific Air and Ocean Shipping Space Is Already Tight | Transportfolio. Peak shipping season has heated up early. A predictable pattern of events follows: shipping volumes spike, space on airlines and vessels becomes harder to secure, and prices go up. The holiday peak season is one of the busiest shipping periods of the year around the world. Shoulder season; shipping ramps up. Peak shipping season. Shipping volumes start increasing.

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What’s Looming for Transpacific Ocean Shipments this Peak Season?

CH Robinson Transportfolio

Reoccurring events—like the holiday season—used to provide some level of predictability to ocean shipping trends in the transpacific eastbound (TPEB) trade lane. Normally, we see a rush in ocean shipping just before the Chinese New Year (CNY). Procure enough capacity.

The Digital Transformation Journey: The Alignment of Industry, Company, and Technology

Talking Logistics

Ports are having to off-load cargo onto the new mega-ships offshore from multiple smaller ships because they don’t have the capacity to handle the bigger vessels. Then start to automate processes such as order to cash, procure-to-pay, and logistics functions.

Blockchain in freight forwarding – Is it the next big thing?

20Cube Logistics

Supply chain involves procurement, creating orders, packing, shipping and distribution of goods, etc., Each time cargo is shipped, the transaction is documented, creating a permanent history of the shipment from order to delivery.

Experts Choice Of Top Online Logistics Resources

Freightos

Shipping Gazette Daily News. One of the most comprehensive daily summaries, and by far the leading Asian-based summary, China’s Shipping Gazette provides daily information about carriers, forwarders and technology. Air Cargo World. Cargo Business News.com.

The Data Behind Amazon’s Logistics and Fulfillment Play

Freightos

In other words, if your shipping your own goods, you’re competition. Let’s Talk About Boats, Ships, and Trucks. That’s not surprising, given that Amazon’s shipping costs grew from $11.5 Air freight figures prominently in job descriptions with 105 mentioning air shipping.

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The Pros and Cons of Air Charter Service

CH Robinson Transportfolio

However, that may not be the case when shipping your cargo. When it comes to quickly getting what you want, when you want it, there is no service better than air charter for your cargo. Although not well known, it is possible to procure a partial air charter.

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Looking Beyond Blockchain/Supply Chain Hype

Enterra Insights

Cheng-Shorland explains, “Supply chain is driven in large part by the procurement process. Moving any product or service through a supply chain starts with a procurement contract, which initiates the tendering or bidding process via an RFI, RFP or other type of formal request. Everything moves through the process based on the procurement contract.” ” Each stop on the supply journey — from procurement through final sale — involves some sort of transaction.

Top Logistics & Supply Chain Blogs We Followed in 2018 & Suggest You Follow in 2019

Shipchain

Ship Lilly. The blog is run by Lilly and Associates and covers a huge range of topics from drop shipping, outsourced fulfillment, the trucking shortage, U.S.-China More Than Shipping. The More Than Shipping blog is a comprehensive resource for shipping trends, supply chain planning, project and specialized cargo and more. Blockchain technology is a major disruptor in the supply chain.

This Week in Logistics News (October 15-19, 2018)

Talking Logistics

Passport, a customer service company focused on shipping, has raised $3 million in seed funding (TechCrunch). Intel partners with Rolls-Royce to develop autonomous cargo ships (VentureBeat).

Supply Chain Risks Come from All Sides

Material Handling & Logistics

In the early days of July, while most Americans slowed down to celebrate their country’s independence, a single ship sped toward China, racing against a series of new tariffs that would go into effect on July 6th. How technology can help increase visibility and reduce paperwork.

36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

The new facility will allow the company to offer two-day shipping to most (about 90%) of the U.S. When customers order items not stocked at one of Belk’s fulfillment centers, those items are shipped directly from the vendor. PST will ship the same day.

What are the Supply Chain Impacts of Amazon’s Whole Foods Acquisition?

Supply Chain Game Changer

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Subscribe Here! Email Address. Blog post provided by [link].

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[INFOGRAPHIC] Interesting Facts & Financial Breakdown of the Global Logistics Market

Cerasis

It is also defined as the procurement, maintenance, distribution, and replacement of personnel and material. Examples of this fundamental progress include the invention of the sea cargo container and the creation of novel service systems during the 20th century. Outsourcing to a qualified 3PL provider is one of the best ways to reduce costs and save time while ensuring products are shipped promptly and safely.

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Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times. Work with your broker to see if you can get priority on unloading the ship and inland transport.

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El Niño May Have Your Supply Chain Partying Like It’s 1997

Kinaxis

For example, the Panama Canal has already restricted the size of ships permitted to pass through it due to drought conditions created by El Niño. by Kirsten Watson It’s not often that a weather phenomenon becomes part of the pop culture zeitgeist.

Improve Supply Chain Spend Management through Advanced Fleet Tracking

Jaggaer

In fact, an average of 40,000 orders for heavy-duty trucks in the US was tallied during the first half of the year to help accommodate the shipping demand of manufacturers and retailers. Advanced fleet tracking isn’t just about monitoring the location and ETA of precious cargo. Tracking software not only reduces downtime but also assists fleet managers in staying on top of schedules from procurement to delivery—all processes involved in supply chain management.

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A convincing industry approach: SupplyOn’s Rail Community boosts the efficiency of the railway industry

SupplyOn

SBB relies on RailSupply to significantly improve efficiency in purchasing and procurement logistics. The Swiss Federal Railways (SBB), with around 34,000 employees, a transport network of over 3,000 kilometers and almost a half billion passengers per year, is the national railway company of Switzerland, consisting of the four divisions Passenger Transportation, Cargo, Infrastructure and Real Estate.

Welcome to the Supply Chain where the Risks Never Stop Coming

Enterra Insights

Bindiya Vakil ( @BindiyaVakil ), Resilinc CEO, notes, “Supply chain, sourcing and procurement professionals are on the front lines of managing global trade risks for their companies. Cargo caught up in industrial unrest : “Strikes, overtime bans, or work-to-rule can affect any transport mode, almost anywhere in the world. In professional football, a quarterback can “take a knee” while holding the ball to end a play and down the ball.

How to Become a Supply Chain Jedi

BluJay Solutions

If companies are not careful they can succumb to the dark force of not being prepared to manage each step of the way – from procurement to manufacturing to distribution. The integration capabilities they require, including yard management, cargo, freight, storage, break bulk, etc.

How to Become a Supply Chain Jedi

BluJay Solutions

If companies are not careful they can succumb to the dark force of not being prepared to manage each step of the way – from procurement to manufacturing to distribution. The integration capabilities they require, including yard management, cargo, freight, storage, break bulk, etc.

Supply Chain Transformation is a Journey not a Destination

Enterra Insights

Although supply chain operations still involve procurement, manufacturing, and logistics, emerging technologies are dramatically affecting how these processes are implemented. And autonomous cargo ships are also being planned. … IBM announced a new partnership with Maersk in January 2018, which will implement a blockchain-backed electronic shipping system on an international scale.

From The Desk of the CEO & CTO – 6/27/19

Shipchain

The mechanics are quite complicated and nothing has been fully finalized yet, but currently the best example of how it all works can be seen in the live Loom PlasmaChain network — dApp developers pay monthly fees in the native token (SHIP on our chain, Loom token on PlasmaChain) to a variably-priced Smart Contract and they receive Karma to distribute to their users, which is used like gas as a rate limiter.

More Challenges for the Transportation Network: Day 2 of the SCRC Meeting

Supply Chain View from the Field

For example, the widening of the Panama Canal will change the conditions here in North Carolina, as enormous container ships will be circumnavigating the globe. And in Panama a huge transshipment area will grow where they will will do break bulk, put cargo onto smaller ships and send to North America. These are little vials with very short half-lives, and to ship them you need a category 3 ILS equipped airport so autopilot technology landings are possible.

This Week in Logistics News (September 15-19, 2014)

Talking Logistics

FedEx to Increase Shipping Rates. Thirteen Years After 9/11, A New Attempt To Screen 100 Percent of Cargo Containers ( Roll Call ). Are you attending the CSCMP Annual Global Conference next week? If so, let’s connect.

Ocean Ports Lead the Way in Logistics Technology Advancements

Material Handling & Logistics

and its trading partners that ships can carry. The growth of cargo moving through America’s ocean ports has increased significantly over the last two decades. Cargo carried by ships must be loaded and unloaded quickly with minimal dwell time in the port.