Freightos

MARCH 17, 2019

The annual fixed-price contract is the current go-to for ocean freight procurement. Fixing a price is almost futile in a volatile market, and ocean freight now has much more volatility (both frequency and magnitude) than most other commodities. Source: SGX, Freightos Baltic Index. We never looked back.

Optimal Sourcing 120

Optimal Sourcing Procurement Freight Price Reduction 120

The Logistics of Logistics

DECEMBER 1, 2021

Understanding Uber Freight with Raj Subbiah. Raj Subbiah and Joe Lynch discuss understanding Uber Freight. Raj is Head of Product for Uber Freight , a logistics platform built on the power of Uber with the goal to reshape global logistics and deliver reliability, flexibility and transparency for shippers and carriers.

Freight 147

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SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Purchasing Training 78

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The Logistics of Logistics

OCTOBER 1, 2022

Andrew Semisch and Joe Lynch discuss smart freight sourcing, which starts with an RFP tool purpose built for freight sourcing. Andrew is Vice President of Commercial Development for Emerge , the leading freight procurement platform. Key Takeaways: Smart Freight Sourcing. About Andy Smisch.

Sourcing 217

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The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

Also in road freight vehicles, battery-electric or hydrogen-powered drivetrains are close to market launch. It comes from the annual customer survey conducted by logistics software company Transporeon. 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

ModusLink Corporation

SEPTEMBER 1, 2023

Supply Chain Management In the ever-evolving world of freight and logistics, volatility has become the new normal. Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. But what does that mean for future strategies in procurement ?

Optimal Sourcing 78

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The Logistics of Logistics

DECEMBER 5, 2022

Brad Wheeler and Joe Lynch discuss the freight-tech dilemma. Brad serves as the Senior Director of Customer Strategy at Emerge , the leading freight procurement platform. Brad Wheeler , one of the company’s “starting lineup,” has been with Emerge since its inception in 2017. About Brad Wheeler.

Supply Chain Network Software 210

Supply Chain Network Software Logistics Network Optimization Software Sourcing Strategies Modeling Software 210

Talking Logistics

JUNE 30, 2015

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. As a strategic process, transportation procurement may still seem very tedious and challenging. Be demand driven.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

Supply Chain Shaman

APRIL 18, 2023

As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. Companies needed quicker answers with better insights, but current organizational processes are slow, putting supply chains on the back foot. Build in-market sourcing. The ride is uphill, but the visibility is low.

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 374

GlobalTranz

NOVEMBER 30, 2021

Capturing carrier data gives you more visibility into your freight spend and enables you to make data-driven decisions that positively impact your business. Leverage TMS technology platforms to source OTR transportation capacity in tight markets, keep information in context, and stay informed with real time visibility.? a shipment?doesn’t

Optimal Sourcing 221

Optimal Sourcing Rail Software Transportation Sourcing Strategies 221

The Logistics of Logistics

SEPTEMBER 25, 2023

Prior to founding Verusen, Noble spent over a decade with The Sherwin-Williams Company, where he specialized in supply chain/manufacturing and led its Eastern U.S. Headquartered in Atlanta, Verusen has been named one of Georgia’s Top 10 Innovative Technology Companies. Industrial Distribution business unit. The Greenscreens.ai

Optimal Sourcing 263

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 263

EC Sourcing Group

DECEMBER 1, 2021

Demystifying Transportation Sourcing. 9/2/2021 – Guest Blog Post from Kumar Kannan of Procural. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. This article is about creating value in transportation sourcing.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52

Supply Chain Matters

OCTOBER 19, 2023

Bloomberg, The Wall Street Journal and other industry specific media are reporting that Seattle based digital freight start-up services provider Convoy is preparing for a possible sale or other action. Both reports cite declining freight industry demand and increased competition among start-ups in this digital freight and logistics segment.

Logistics Network Optimization Software 59

Logistics Network Optimization Software Report Freight Demand Planning Software 59

EC Sourcing Group

SEPTEMBER 2, 2021

Demystifying Transportation Sourcing. 9/2/2021 – Guest Blog Post from Kumar Kannan of Procural. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. This article is about creating value in transportation sourcing.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52

Talking Logistics

FEBRUARY 18, 2016

If you are buying widgets, there are many ways to make your purchase, from going to a retail location, ordering online or using a standard procurement software tool that allows you to order lots of widgets and receive them over a specified period of time. Here are the top five reasons you need a transportation sourcing solution: 1.

Manufacturing Procurement 100

Manufacturing Procurement Procurement Solutions Purchasing Skills Sourcing Strategies 100

Ware2Go

JANUARY 7, 2022

In a November survey , 87% of merchants shared that they already were affected by increased freight costs. Further, 18% had re-routed freight or re-negotiated with carriers – and 12% absorbed the extra cost. What is just-in-time procurement? What is just-in-case procurement? What Are the Pros and Cons of JIC Procurement?

Just-in-Time 98

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

Jaggaer

DECEMBER 4, 2018

Why You Should Consider Freight Procurement Sourcing Solution. Procuring raw materials or finished goods is one thing, but the processing of moving those goods from one place to another brings its own set of challenges. The Challenges of Freight. Data is King. Data is King.

Optimal Sourcing 40

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The Logistics of Logistics

OCTOBER 30, 2023

LeanDNA is a cloud-based supply chain execution platform that helps discrete manufacturers digitally transform their procurement operations. The company centralizes data from multiple sources to manage inventory, simplify change management, and improve data quality. The Greenscreens.ai

Optimal Sourcing 241

Optimal Sourcing Inventory Reduction Supply Chain Design Software Manufacturing Procurement 241

Unleashed

DECEMBER 15, 2019

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. International Sourcing.

Manufacturing Procurement 83

Manufacturing Procurement Sourcing Strategies Purchasing Skills Optimal Sourcing 83

GlobalTranz

SEPTEMBER 17, 2015

At Cerasis we work with our shipper customers who procure items every day and have needs for inbound freight management as they secure those products from their vendors. Increasingly, as we work with procurement folks at these companies, we are hearing that technology for better communication and to create more efficiency.

Optimal Sourcing 120

Optimal Sourcing Procurement Sourcing Strategies Waste Reduction 120

ivalua

JUNE 1, 2022

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed by Philip Ideson from Art of Procurement to discuss the impact of the Covid-19 pandemic on Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity.

Supply Chain Planning Software 130

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

Talking Logistics

SEPTEMBER 4, 2022

How do you best determine how long and how often to have transportation sourcing events? The good news is that companies today have greater access to real-time benchmarking data and market intelligence. Read more [Video] Why Benchmarking is the First Step to a Successful Freight Procurement Event.

Benchmarking 130

Benchmarking Video Procurement Freight 130

NC State SCRC

MAY 30, 2022

The report was published in the last month, and reflects some of the increasing challenges and disparities that exist between procurement and supply chain executives. One of the problems that often emerges in organizations is not only misalignment between procurement and supply chain, but also between senior executives and their managers.

Supply Chain Execution 98

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GlobalTranz

APRIL 30, 2021

CVSA-certified inspectors will commit a blitz of inspections across North America, creating a sudden strain on resources for both domestic and cross-border freight. The best way to avoid disruption is to source and have readily available resources to expand capacity at a moment’s notice. What Can Shippers Do About the Safety Blitz.

Resource Reduction 297

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ivalua

MARCH 16, 2021

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity. Why is visibility so important?

Manufacturing Procurement 130

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

GlobalTranz

SEPTEMBER 23, 2021

High freight volumes across all industries in the trucking market are expected to continue into 2022.? The added strain on resources is on track to force high freight volumes to continue well into the next year. Download the White Paper: Over the Road Freight Management Trends. Carrier Vetting for OTR Freight.

Prescriptive Analytics Software 308

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Logistics Viewpoints

FEBRUARY 26, 2024

Cooper University Health Care Relies Upon Real-time Alerts to Improve Operations Cooper University Health Care, like most companies, struggled with their supply chain during COVID. The company bought a risk solution that provides real-time alerts to potential supply disruptions.

Supply Chain Planning Software 249

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 249

Freightos

NOVEMBER 11, 2021

But more blatantly than ever, container liners – and especially Maersk – are on a collision course with the tech companies that provide digital infrastructure for selling goods. Late 2021 saw Maersk continue to shift towards vertical integrations, with acquisition of Senator, a German freight forwarder for $644 million dollars.

Price Reduction 177

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The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

Travin Singh (creator behind Crust Brewing) realised that if he could find bakery partners, he basically had access to a cheap local source of beer making raw materials. The circular economy is a cost saver and generally has less carbon emissions, because raw materials are sourced locally and therefore with less transportation.

Manufacturing Procurement 245

Manufacturing Procurement Material Savings Singapore Waste Reduction 245

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. In a November survey , 87% of merchants shared that they already were affected by increased freight costs. What is just-in-time procurement?

Just-in-Time 52

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

4WL Consulting

JULY 8, 2015

The previous decade has seen many companies, mainly those handling manufacturing operations, change how sourcing of direct materials is executed – from an administrative function to a somewhat strategic procurement approach that has seen the creation of a new position “the Chief Procurement Officer.”

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Optimal Sourcing 100

Logistics Viewpoints

MARCH 2, 2023

Freight rates have plummeted, brokerages are struggling, and the industry is still bloated with excess inventory. These are the companies and leaders that aren’t letting a good downturn go to waste. Closer to home for supply chain professionals, driver shortages continue to plague the industry.

Waste Reduction 197

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Supply Chain Matters

MAY 20, 2022

One of the high-flying start-ups that is addressing the needs of smaller regional fleets is Uber Freight. For companies tendering loads, the emphasis has been on access to larger numbers of owner-operator drivers and small regional carriers, as well as seamless integration with existing resident transportation management(TMS) systems.

Sourcing Strategies 97

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Logistics Viewpoints

MAY 16, 2022

But when ARC has done writing on SCCN, we have written about how this solution set can help a company optimize its own supply chain operations. A company buys these solutions to optimize their business. Companies,” Mr. Sherman points out, “are realizing that their supply chain is not really a chain at all.”

Supply Chain Planning Software 211

Supply Chain Planning Software Optimal Sourcing Supply Chain Optimization Supply Chain Planning 211

Intelligent Audit

SEPTEMBER 15, 2021

Discovering billing mistakes through leveraged data from freight audits helps shippers identify cost-cutting opportunities through accurate invoicing and payment processing. Freight audit savings might arise from recouping costs due to overbilling, service guarantee failures, or simply using the wrong carrier for each load.

Waste Reduction 52

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Logistics Viewpoints

DECEMBER 5, 2022

But Molex, a global electronics and connectivity solutions company, has been investing in their intelligent digital supply chain strategy to improve their supply chain agility and customer experience. The company is present in 38 nations and has more than 40,000 employees. 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

QAD

FEBRUARY 20, 2024

From my recent conversations with companies one topic is becoming increasingly prevalent — stock loss. This problem impacts the business operations of a range of industries and company types. From the automotive industry with both OEMs and Tier 1 suppliers, through to packaging companies supplying the CPG industry.

Manufacturing Procurement 96

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