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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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Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

The Failure of Existing Demand Planning Solutions. During the pandemic, supply chain leaders turned off their demand planning solutions. The systems–based on shipment and order data–were out of step with the market. Next Steps: Start to model demand based on market data to align the organization on baseline demand.

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These Top Manufacturing Technology Trends will Fuel a Focus on Customer Experience in 2018

GlobalTranz

Going back to the Industrial Internet of things (IIoT), the use of Internet-connected technology increases risk in manufacturing. billion in 2018 alone, reports Michael Kotelec of Manufacturing.net , and this will bring a strong, robust boost to efficiency and productivity in manufacturing. The opportunities are endless.

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Manufacturing Inventory Management: The Manufacturer’s Guide

Unleashed

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. It refers to the process of purchasing, storing, and tracking the various goods required to build a product. In this manufacturing inventory management guide What is manufacturing inventory management?

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Driving Sustainable Growth Through Supply Chain Resilience

The Logistics & Supply Chain Management Society

And companies at every stage of the supply chain have inflated their prices as demand exceeds supply. The Freightos Baltic Index Global Container Freight Index shows the cost of shipping freight remains hugely elevated – more than double the price a year earlier.

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This Week in Logistics News (January 27 – February 2)

Logistics Viewpoints

Soft demand in Europe and the US led to an overall decline of 7.5 Higher labor costs and lower package demand resulted in fourth-quarter sales and 2024 guidance that missed analysts expectations. More than $728 million is on the way to communities around the nation to bolster intermodal freight infrastructure.

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The Top 2019 Logistics Trends Shippers Should Know

GlobalTranz

2019 is shaping up to be a year in which warehouses and distribution centers continue the development and implementation of technology-based processes. Dropshipping refers to manufacturers sending products directly, but products are purchased through a third-party. The state of the logistics industry is evolving.