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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.

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.

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.

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! The Creator (God) is the greatest source of energy that there is.

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. Therefore, having an indisputable source of information, such as blockchain technology, may be used to develop consistency and clarity in managing supply chain SLAs. DOWNLOAD WHITE PAPER.

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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A Don’t Touch Supply Chain Strategy Must Now Dominate The Future!

Supply Chain Game Changer

You download their app, take the goods off the shelf as you need and as you leave the store your purchases are automatically billed to you. Freight management has further prospects with autonomous vehicles , including tractor trailers, and drones. Advanced software systems can also support more automated planning, scheduling, procurement activities, fulfillment and replenishment, and Supply Chain tracking. Subscribe Here! Email Address.

The end of just-in-time?

EFT

Companies traditionally focused on optimizing inventory, leveraging offshore sourcing and just-in-time processes to reduce costs. The reality is that legacy transportation technology and the limitation of traditional supply chain practices are no longer enough to keep pace with the market,” says Bill Driegert, Head of Operations, Uber Freight. This is a natural evolution for procurement,” believes Lance Younger, Managing Director at INVERTO, BCG’s procurement and supply chain arm.

Supply Chain And Logistics Trends That Could Be Big In 2020

Logistics Bureau

Instead, it continues, to include the entire lifecycle of a product, from sourcing of raw materials, to the return and recycling of the product, and reintroduction of recycled materials into the manufacturing or production process. According to the Shipa Freight report, the primary challenges faced by internationalizing SMEs, from a shipping perspective, are as follows: International shipping costs are too high, and cost-visibility is inadequate.

Like A Green Lump of Clay….

Supply Chain Shaman

To see the what I built, check it out on SlideShare or view/download it in the SCI Community ). In the supply chain, variability and volatility come from many sources. The best way to start the design of an agile supply chain is to look at the sources of variability and market volatility that your supply chain encountered in the prior year. This is the design of alternate work centers, high performance work teams, alternate plant sourcing, and quick changeovers.

28 supply chain professionals share the biggest challenges of supply chain management

6 River Systems

Our supply chain involves a contract manufacturer, a third-party testing facility, warehouses to store inventory and a freighting company. For example, if my contract manufacturer is late with an order it can cause me to incur excess costs with the freighting and warehousing companies, respectively. In the meantime, companies need to make sure they have the most talented negotiators and leaders heading up their procurement and supply chain functions.

This Week in Logistics News (February 18-22, 2013)

Talking Logistics

CombineNet and Transplace Extend Partnership in Delivering Advanced Transportation Procurement Solution to North America. The Navisphere customer app can be downloaded for free at the Apple App Store on iTunes , Google Play and Amazon Marketplace. Transplace delivered more than 50 customer solutions in 2012 using the CombineNet sourcing technology, in industries including consumer goods, chemicals, manufacturing, and retail.

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2018 Supply Chain Trends: Omnichannel, Customer Experience, & Regulations to Shape the Industry

Cerasis

Download ebook. In addition, greater use of 3PLs, which usually offer better benefits, pay and freight rates than national carriers, may help actively reduce spikes in freight rates. However, the possibility of complete withdrawal from existing free-trade agreements is a source of great concern for supply chain leaders. Tariffs may increase, and fines or penalties for businesses that do choose to source operations overseas may become reality.

Shippers of Consumer Products Impacted Most by Capacity Crunch

Cerasis

Download eBook. As you can imagine, with a tight transportation market, it’s become even more difficult for vendors to source reliable trucks. Direct Consumer Impacts USA Today reports that a severe shortage of truckers is pushing up freight costs and, in turn, nudging up retail prices. If your facilities don’t help a driver accommodate for these nuances, they will be unable to optimize HOS and may turn down your freight.

3D Printing Set to Streamline the Retail Supply Chain Through Reduced Lead Times and Inventory

BluJay Solutions

Anyone involved in retail procurement is acutely aware of the importance of correctly predicting consumer/end-user requirements and ordering the right goods at the right time, in the right quantities. Utilize 3D printing to product a compatible power source for a batch and find out. Download our eBook - Omni-Channel Retail – Top 3 Logistics Challenges. Our January blog post 3D Printing: Supply Chain Game Changer or New Risk for LSPs?

4 Ways Supplier CSR Ratings Can Help SRM Systems Capture $550 Billion Opportunity

EcoVadis

Supplier Relationship Management SRM represents a giant $550 billion opportunity for procurement to create value according to this recent Digital SRM Research Report from our partner State of Flux. CSR ratings are a vital element of the information and insights that procurement teams need to build trust and deepen relationships with suppliers. With this insight in your SRM system, you can make better procurement decisions all along the source-to-pay journey.