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7 Ways to Strategically Elevate Freight Procurement

Talking Logistics

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.

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Capitalising on Supply Chain Digitisation with Robotic Process Automation – 10 Areas of Opportunities – LogiSYM August 2020

The Logistics & Supply Chain Management Society

Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Purchase Order Management.

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Q3 2021 Trucking Trends and Freight Market Update

Zipline Logistics

The freight market has been on the receiving end of several systemic shocks that continue to affect industry providers and shippers alike. And when you add in the current labor and commodity shortages along with an inflationary environment, it is apparent why freight rates have been steadily climbing.

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How China’s zero-Covid policy is affecting global supply chains

Proxima

From technology to retail, there is a high chance that many of the consumer goods to be found in the average household have come from or through a Chinese port. The threat of sudden lockdowns continues to loom over procurement teams. The threat of sudden lockdowns continues to loom over procurement teams.

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GlobalTranz And Echo Global Logistics Both Report 40% Fourth Quarter Revenue Growth

Logistics Viewpoints

GlobalTranz’s main service lines are freight brokerage – less-than-truckload and truckload – and managed transportation services. Robinson’s last quarter earnings in North American Surface Transportation, up 10.8% – which many companies would be delighted with – seem paltry in comparison. Robinson and Echo Global Logistics.

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Why Shipping Lead Time Matters in a Tight Freight Market

Zipline Logistics

But with freight conditions like those we have seen throughout most of 2020, building in additional lead time is an even more essential piece of your logistics operational puzzle. Building-in additional lead time in a tight freight market is crucial. On-time freight performance also increased to 99.27%. Efficiency improvements.

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The Data Behind Amazon’s Logistics and Fulfillment Play

Freightos

These examples are from retail, but I sense that the same customer empowerment phenomenon is happening broadly across everything we do at Amazon and most other industries as well. Consumer retail may have taken the first hit, but customer expectations are upping the ante in every vertical. Source: Amazon.com. Amazon Fulfillment.