These 7 Industrial Procurement Trends will Impact Supply Chain & Logistics in 2018

Cerasis

Procurement must never be an afterthought in any enterprise. Supply chain professionals must also know how they will be shipping freight. The answers to these questions lie in understanding a few of the top industrial procurement trends to expect in 2018. Download white paper. Companies Will Seek New Ways to Use Technology in Procurement. The global supply chain creates many challenges and opportunities in procurement.

Freight Procurement Solutions Are Transforming Supply Chains

Jaggaer

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. Whether you’re in charge of ordering the “things” or managing how and where those things get from A to B, both sides of the procurement equation stand to benefit from freight procurement automation. The Challenges of Freight.

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How to Procure Full Truckloads in Tight Capacity

Cerasis

These rates will have natural implications for smaller shippers seeking to lower overall transportation and freight spend, and paired with a “blurred lines between peak shipping and shopping seasons,” shippers will experience increasing trouble when trying to procure full truckload capacity. Download eBook. Decreasing capacity and increasing full truckload rates are expected to increase throughout 2018, reports Freight Waves. Conducting annual procurement exercises.

10 Tips Shippers Can Use to Reduce Costs in LTL Procurement with Better Request for Pricing Bidding

Cerasis

at Cerasis, we know a thing or two about the nuances of LTL procurement. LTL procurement is something we do very well. So we thought we would impart upon all the shippers out there some tips on how to reduce overall costs for effective LTL Procurement. BONUS : Download the Guide To LTL Freight Mangement White Paper. 10 LTL Procurement Cost Cutting Tips. Routing guides optimize freight lanes and remove excess shipping costs.

Full Truckload Technology: The Various Technology Involved in Full Truckload Freight Shipping Management

Cerasis

In full truckload freight management, technology will make or break plans for keeping freight spend in check. Demand for record-breaking speed of delivery and free shipping are only making the case for greater use of technology in full truckload freight shipping management, and shippers need to understand why. Amazon continues to push its own fleet forward, and the Big Box giants are willing to pay premium prices to get freight to market. Download Here.

How Freight & Transportation Data Can Trim Your Transportation Spend

Cerasis

When you want to drive down your logistics and transportation spend, the very first thing that you need is freight and transportation data. Accurate freight and transportation data is particularly important. Seizing control of freight and transportation spend can improve operating income by five to 10 percent, and boost stock prices by 10 to 20 percent, according to an Accenture study, From a Shipper’s Market to a Carrier’s Market. Freight Invoicing Reports.

Key Points for You to Consider in the TMS Procurement Process

TMC

Common supply chain challenges that lead to a TMS purchase include procurement and transportation operations living as two separate functions, lack of visibility to freight movement, and limited control of freight from inbound suppliers. Procuring a TMS starts with an investigative process. Additionally, companies that take a top-down, proactive approach to procurement versus one that’s bottom-up and reactive will experience a more efficient, productive process.

Key Points for You to Consider in the TMS Procurement Process

TMC

Common supply chain challenges that lead to a TMS purchase include procurement and transportation operations living as two separate functions, lack of visibility to freight movement, and limited control of freight from inbound suppliers. Procuring a TMS starts with an investigative process. Additionally, companies that take a top-down, proactive approach to procurement versus one that’s bottom-up and reactive will experience a more efficient, productive process.

The Challenges & Steps in Procuring a Full Truckload as a Shipper

Cerasis

As a shipper, it can be hard to procure full truckloads, and small and mid-sized shippers suffer from an exacerbated version of this problem. Shippers face tightening capacity, higher rates, and demanding consumers, and procuring a full truckload may be the last thing on their minds. In reality, procuring a full truckload as a small or mid-sized shipper comes with unique challenges. Will the freight be competitive? Download Whitepaper.

Moving Up The Corporate Ladder, Does Your Freight Spend Have A Seat At The Table?

4WL Consulting

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.” There’s been a shift from executing daily freight transactions to integrating top-level corporate planning and procurement strategies.

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Freight Consolidation for Full Truckload: The Hidden Gem of Full Truckload Shipping

Cerasis

The Problem: Shippers Using LTL-Exclusive Shipping Have Minimal, If Any, Profitability in Freight Spend Shippers have been bartered with the topic of LTL shipping for years, including how to make better use of it, reduce freight spend and leverage technology. Unfortunately, the surrounding LTL shipping has resulted in an unusual problem; shippers are turning to LTL-exclusive shipments, which can significantly drive up freight spend. Download Here.

The Invaluable Role of a TMS in Managing Full Truckload Shipments

Cerasis

Shippers face more challenges than ever before when it comes to managing freight spend and allocation. While many other questions exist, freight management in today’s world is built on the internet, speed, use of data, and staying attractive to drivers. Yes, your freight must be attractive to drivers to get the best deals, and a TMS provides an invaluable means of creating attractive freight. The Freight & Transportation Management Trends to Know in 2018.

Flatbed Procurement: What’s Your Strategy?

CH Robinson Transportfolio

Flatbed Procurement: What’s Your Strategy? Even shippers who have more difficult freight requirements can improve acceptance rates and thrive during a tight flatbed market. It’s important to recognize that where you fit within the seasonal nature of the flatbed market can impact how you build the rest of your flatbed procurement strategy. Do you conduct procurement events often enough and at the right time? All freight is not created equal.

ThankX Delivery Services!

Supply Chain Game Changer

Next, Leto connected Colon to an app developer (Divine Digital Agency), which created an effective, engaging, and interactive app – now available on the itunes, Apple, and Google stores (“ThankX”) for download! Visit www.gothankx.com for additional information and app download link!

Blockchain’s Coming to the Supply Chain - Eventually

Supply Chain Brain

Look for a new episode of the podcast, which can be downloaded or streamed, every Friday on the SupplyChainBrain website and iTunes. Show notes: A previous podcast episode about blockchain in the freight industry. Stream or download podcast here. Sourcing/Procurement/SRM All Technology EDI Communication (XML/EDI) Global Trade Management SC Planning & Optimization Supply Chain Visibility Quality & Metrics Supply Chain Security & Risk Mgmt.

[e-Book] The Most Impactful Supply Chain & Logistics Trends in 2017

Cerasis

“The problem with trends is that they are like a freight train gaining speed; everyone can see the train, but at what point do you say the train is really moving at speed?” – Steve Banker from a recent Forbes article. Download the all new Cerasis e-book "The Most Impactful Supply Chain & Logistics Trends in 2017" by Filling out the Form Below. Download all of our educational e-books here.

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Do I Really Need Full Truckload Shipping?

Cerasis

However, shippers do need full truckload shipping, but they need to know how to take advantage of it properly to avoid ballooning freight spend and shipping costs. Download Whitepaper. No freight plan will be safe from rate hikes, so shippers must understand more about how to take advantage of full truckload to keep freight spend in check. The true benefits of full truckload shipping grow faster for shippers moving high-volume, consistent freight.

What Is Full Truckload Shipping & How It Differs From Other Over-The-Road Modes?

Cerasis

In the modern era, it can be difficult for shippers to identify the best way to achieve cost savings, reduce risk and ensure optimal use of time in the procurement of transportation. Download Here. Additionally, full truckload shipments are often viewed as the best option when freight weighs more than 15,000 pounds or requires more space than 10 pallets. There are many different types, or modes, of transportation for shipping freight. How to procure a full truckload.

Quarter-End Shipping Surges Impact Transportation Rates

CH Robinson Transportfolio

Those familiar with transportation know that month-end or quarter-end freight surges commonly occur, maybe in your company, or maybe in other organizations, and that your routing guide may not work as well as it usually does at those times. Freight surges at the end of a quarter typically happen this way: A shipper takes orders for a few weeks into the next month or quarter, then gets the customer’s permission to ship early. Quarter-End Shipping Surges Impact Transportation Rates.

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5 More Transformative Supply Chain Technologies Supply Chains Will Focus on in 2018 to Move to the Next Level

Cerasis

Download white paper. While most brands have already integrated live system tracking, secure data exchange processes, and visibility and traceability throughout systems, the use of cloud-based technologies will begin to have a major impact on procurement processes as well, says Marc Wins of Procurement Academy. Supply Chains Will Develop and Take Advantage of Transformative Supply Chain Technologies, like Freight Sharing Apps.

Managing Supply Chain SLAs Through Blockchain: Is Blockchain the New Incoterm?

Cerasis

The list of Incoterms is created and managed by the International Chamber of Commerce , and managing supply chain SLAs relies heavily on this decades-old list to ensure consistency and clear communications in contractual details for moving freight. DOWNLOAD WHITE PAPER. Service level agreements (SLAs) can vary in scope, complexity, duration, and value. Managing supply chain SLAs have the added complication of geographic and cultural barriers.

6 More Logistics Technology Trends Enabling Success in 2018

Cerasis

download ebook. However, logistics focuses expressly on the movement and storage of products, while the supply chain goes into deeper detail, including manufacturing processes, procurement, and the flow of goods. There are apps for trucking miles driven, freight sent, freight waiting to be sent, inbound orders, marketing leads, customer service interactions and more. In today’s blog post we continue our look at the logistics technology trends that will shape 2018.

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[e-Book] How To Shift From Tactical To Strategic Logistics and Transportation Management To Create A Competitive Advantage

Cerasis

You can download our first e-Book, "The Future Of Supply Chain, Logistics & Manufacturing: How Technology Is Transforming Industries" here. Transportation management is no longer a tactical approach to simply moving freight and doing it at the lowest possible cost. We release our second e-book today by focusing on strategic logistics and transportation management creates a competitive business advantage for shippers.

These 5 Top Logistics Trends for 2018 are a Response to the Growing Customer Experience Movement

Cerasis

Download Here. To stay competitive, logistics companies will begin offering more unique services, such as invoice auditing, automated freight classification, better rates on dimensional pricing, and a host of last-mile services , which Amazon has already taken great strides in with the creation of Amazon Key. With the rise of e-commerce, the value of logistics has grown.

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Top 15 Logistics Blog Posts of 2014

Cerasis

To that end, every warehouse manager’s role is to manage the physical environment, loadshifting equipment and people, to decrease the chances of collision and accidents, and often, to help the flow of freight via outbound and inbound freight management; an entire process known as warehouse traffic management. The Ultimate Guide for Effective LTL Freight Management : we put on a 60 minute webinar entitled, “Best Practices for Effective LTL Freight Management and Shipping.”

Why Blockchain Within The Supply Chain Makes Perfect Sense

Cerasis

Download white paper. A simple example is that of a cold chain using blockchain within the supply chain to hold a transport node accountable for mishandling: Tracking provenance, traceability, and historical procurement for materials, assets, and products as they move downstream to retailer with blockchain finality. Outcomes: reduction in delays/human error in paperwork, visibility into procurement, international compliance.

The Top 10 Supply Chain Blog Posts from 2017

Cerasis

Today, is day two of our annual year-end series highlighting the top blog posts in each of our 5 main categories: Manufacturing , Supply Chain , Logistics , Transportation Management , Freight. We want to make sure that supply chain practitioners, as well as manufacturers, understand how all of these technologies are affecting the entire supply chain, including the supply chain & procurement side of a manufacturing operation.

Research in Focus: Do You Get What You Pay For in Truck Transportation?

Talking Logistics

The chart below highlights their findings: As summarized in the report titled “ Do Higher Truckload Rates Bring Better Carrier Performance? ”: There was no relationship found between on time pickup (OTP) and freight rate. This requires taking an informed and collaborative approach to transportation procurement. Download the report for the answer, plus other insights the researchers uncovered.

Trucking Capacity: Tapping into the Long Tail

Talking Logistics

We aggregate in excess of $17 billion in annual freight spend through our transportation management system network and we recently ran the numbers for the last six months [through early October 2017] and what we’re seeing is that over the last six months rates have increased by 22 percent across the board for shippers in the marketplace,” said Potts. One of the things we’ve done in the past year is partner with Uber Freight,” said Potts. “A

Softeon Spotlight: Transportation

Softeon

The procurement, planning and execution of transportation is particularly challenging given the complexity of today’s global supply chains. Transportation management also requires the examination, adjustment, and verification of freight bills to ensure their accuracy. Download our PDF brochure. Softeon provides innovative supply chain solutions for clients throughout the world, including small businesses and market leaders in many industrial sectors.

2016 Supply Chain Trends: 7 of 12 Trends that Will Drive Supply Chain Management in 2016

Cerasis

By the end of the series, we will have ample content to then turn it into a downloadable e-book that should serve any professional well as they look to continually improve themselves and, if they are a worker or manager within these categorical industries, can help keep an eye out for how you may apply a trend into your everyday workplace to stay competitive and efficient. . Freight/Container Loading: Augmented reality could replace the need for a physical cargo list and load instructions.

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7 Ways Transportation Companies Can Improve Customer Experience

MercuryGate

Limit Unnecessary Check Calls for Freight. The use of technology allows customers to see where their freight is always located through GPS tracking and real-time updates. Streamline Freight Tendering by Sharing Customer Data From the Moment of Ordering. search. close.

Automation in the supply chain to get major boost in 2019

EFT

One of the really key ones that we invested in a few years ago is we used Kiva robotics in our largest warehouse and what our focus has been on entirely is reducing manual labour, specifically related to picking in distribution centres,” says Gabi Weisel, Director, Global Indirect Procurement, Supply Chain for the Estée Lauder Companies. To find out more about the state of retail in 2019, download the free report now. Gabi Weisel, Director Global Indirect Procurement, Estée Lauder.

Time to turn around inventory falls by two days says new report

EFT

To find out more about the state of retail in 2019, download the free report now. Gabi Weisel, Director Global Indirect Procurement, Estée Lauder. Ryan White, Director of Freight Initiatives, New York City Economic Development Corporation. Click here to download the full report now. Customer demands for faster and faster service are having an effect across the supply chain finds eyefortransport’s new D3 2019 report.

Supply Chain And Logistics Trends That Could Be Big In 2020

Logistics Bureau

As detailed in a 2017 report by Agility Logistics subsidiary Shipa Freight, businesses in the SME category—which comprises 95% of all the world’s companies and generates more than 50% of the gross domestic product in many countries—face considerable difficulties when trying to compete globally with their larger counterparts. A new generation of tech-enabled freight forwarders is competing with incumbent shipping giants to capture the hearts and minds of smaller enterprises.