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Freight Procurement is a Different Game

Logistics Viewpoints

Procuring transportation for freight is much different than any other procurement category. There are different tools, goals, and market dynamics. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. The freight market is mercurial.

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What is CPFR? Full Guide to Collaborative Planning, Forecasting, & Replenishment in The Supply Chain

ShipBob

It involves assessing how the overall supply chain performed, analyzing metrics, and how well you managed exceptions. As a result of this improved forecasting precision, you can plan your procurement more accurately. You can ensure that you’re always maintaining optimal stock levels to meet consumer demand.

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Omnichannel Retail Requires Close Collaboration with Logistics Providers

Enterra Insights

To meet consumer needs, everyone in the supply chain needs to work harmoniously together or risk bad reviews and loss of business. The expectation of instant consumer gratification has businesses scrambling to shore up their supply chain to ensure cost-effective on-time delivery, which is where omnichannel logistics comes into play.”[3]

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6 Supply Chain Trends That Could Truly Shake You Up (2018 Update)

Logistics Bureau

Therefore, we thought it might be a good idea to revisit each of the trends listed below, with a brief update as to how the situations have developed, and a look at the state of play in 2018. Software is Eating Supply Chains. Business around the planet is increasingly dependent on IT and software applications.

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Full List of President Trump’s Tariffs on $34 Billion of Chinese Goods

Freight Plus

Television, mobile phones, and other consumer goods aren't subject to the new tariffs. Although China offered to increase purchases of exports from the U.S. imported $506 billion worth of goods from China and exported $130 billion, according to government statistics. Machine tools operated by laser, for working metal.