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.

How to Procure Full Truckloads in Tight Capacity

Cerasis

The use of full truckload shipping is rising in popularity, resulting from its lower cost as compared to less-than-truckload (LTL) shipping. 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.

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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. Shippers structure a successful RFP when they align themselves with carriers that fit their shipping profile.

Multichannel Fulfillment & Shipping: Considerations for Wholesale Distributors & OEMs in the Transition From Single Channel Shipping

Cerasis

E-commerce has presented wholesale distributors and original equipment manufacturers (OEMs) with a crown opportunity for growth, but it comes at the cost of transitioning from single-channel shipping. Over the last year, average e-commerce sales have increased more than 15 percent, revealing the increasing demand for multichannel fulfillment and shipping. Adapting supply chain systems to succeed in multichannel fulfillment and shipping, also requires additional setup time.

E-Commerce Shipping: Why Shippers Are Mastering E-Commerce to Go Omnichannel

Cerasis

Unfortunately, shippers may overlook the biggest obstacle to omnichannel, developing effective e-commerce shipping practices. To avoid the retail apocalypse and achieve omnichannel success, shippers need to understand the challenges of e-commerce shipping, how it contributes to omnichannel success and a few tips to succeed in it. According to Stacey Rudolph of Business2Community, e-commerce shipping is complicated with an average return rate of 30 percent.

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

Cerasis

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. Access our complete Full Truckload Shipping White Paper Series. Download Here. Simulation tools and merging of routes and freight shipping schedules ensures accuracy and accountability among carriers, shippers, and everyone in-between.

Key Points for You to Consider in the TMS Procurement Process

TMC

Often at the top of the list is the need for streamlined shipping processes and visibility to all transportation activities in one technology platform. 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.

Key Points for You to Consider in the TMS Procurement Process

TMC

Often at the top of the list is the need for streamlined shipping processes and visibility to all transportation activities in one technology platform. 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.

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. The Comprehensive Full Truckload Shipping White Paper. Download Whitepaper.

Do I Really Need Full Truckload Shipping?

Cerasis

The question of necessity affects full truckload shipping decisions, and shippers might overlook full truckload options. 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. The Issue: Shippers Face More Challenges When Trying to Avoid Full Truckload Shipping. Spring shipping has not yet peaked & therefore, shippers need to prepare now.

Supplier Cartel Activity and Sustainable Procurement

EcoVadis

Anti-competitive practices remain a peripheral CSR issue for most companies , particularly in the context of sustainable procurement. But, as corporate price-fixing scandals show — including the recent record fine imposed by the EU Commission on Volvo/Renault — the issue should be at the top of the priority list of every procurement risk management program. Moving beyond compliance: Sustainable Procurement.

Quarter-End Shipping Surges Impact Transportation Rates

CH Robinson Transportfolio

Quarter-End Shipping Surges Impact Transportation Rates. 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. Robinson, we were able to model the effect of both end-of-month and end-of-quarter shipping surges on transportation rates. Robinson has sponsored a host of research projects on truckload practices, from procurement through operations.

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Procurement Technology: An Update from Spend Matters in Baltimore

NC State SCRC

Today I travelled to Baltimore to attend the ISM/Spend matters Global Procurement Tech Summit. I will be speaking on procurement analytics tomorrow, but got to attend a set of great sessions over the first half of the day. The first speaker was Anne Rung, Administrator from the Office of Federal Procurement Policy. Next up was Dan Carrell, Vice President of Global Procurement at IBM.

3 Technology Companies Disrupting Shipping

FLEXE

I’m Nerijus Poskus — Director of Pricing and Procurement at Flexport. Basically, responsible for ocean freight carriers, ocean ships that rely on truck companies. Shipping a 40-ton container back in July or June used to cost about $700 — a 40-ton container. More than half of Hanjin’s ships were chartered. So the chartering companies are already receiving the ships back and they need to rent them. MSC is interested to charter those ships.

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

Cerasis

Shippers face an onslaught of information in the digital age and often, due to this information overload, shippers find navigating the complex world of shipping challenging. 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. Defining Full Truckload Shipping. Benefits of Full Truckload Shipping.

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

Cerasis

Full truckload shipping is generally less expensive than other over the road transportation modes. Instead of throwing in the towel, shippers can leverage full truckload shipping to ship LTL shipments in the back of a full-size van or trailer. 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 Million Dollar Transportation Strategy Question – When Do You Need A Multi-Carrier Parcel Solution?

BluJay Solutions

Every retailer and distributor who ships goods in any quantity is faced with a ‘million dollar’ question. When reviewing their transportation strategy and calculating shipping budgets, they are forced to ask,“Do we want to or can we afford to be held hostage by our carrier?”. And where significant volumes are involved and goods are shipped nationally and internationally, the question is often literally a million or even multi-million dollar one. .

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How to Avoid Tunnel Vision when Buying a Parcel Solution

BluJay Solutions

Unfortunately companies often make the tricky procurement process even trickier by approaching it with a narrow focus. By avoiding that tunnel vision and bringing some balance to your procurement process. Where a lot of vendors may claim to ‘support’ parcel, do they also support outbound, inbound, drop-shipping and zone-skipping? Download “Unwrapping the Hidden Value of a Parcel System” for free today to help guide you through the parcel solution purchasing process.

How to Avoid Tunnel Vision when Buying a Parcel Solution

BluJay Solutions

Unfortunately companies often make the tricky procurement process even trickier by approaching it with a narrow focus. By avoiding that tunnel vision and bringing some balance to your procurement process. Where a lot of vendors may claim to ‘support’ parcel, do they also support outbound, inbound, drop-shipping and zone-skipping? Download “Unwrapping the Hidden Value of a Parcel System” for free today to help guide you through the parcel solution purchasing process.

Effective Warehouse Management in an Omnichannel World

Cerasis

Download white paper. The Reward: Best Practices to Develop and Maintain Turnkey, Effective Warehouse Management Several of these practices, reports John Kruzan via Logistics Viewpoints , include: Getting insights into transportation costs, especially inbound and procurement costs. Defining the carrying and shipping costs of your product. Using multiple shipping methods, according to customers’ requests.

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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The Invaluable Role of a TMS in Managing Full Truckload Shipments

Cerasis

The Issue: Business Success Increases Freight Spend Complexity As explained by Dan Goodwill of Canadian Shipper, shippers face a problem with ensuring they are paying surcharges but aligned to the volume of freight shipped. Download White Paper. Lacking visibility into density and frequency of freight ships, as well as freight allocation. Shippers face more challenges than ever before when it comes to managing freight spend and allocation.

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

Cerasis

Download Here. Imagine what work would be like if you could offer all customers free two-day shipping. Some customers do not want two-day shipping. They may want three-day shipping, or they may need ship-to-store shipping options. Even the best shipping options do not necessarily work for each customer, and customers will demand variable shipping options more frequently in 2018, reports Kushal Nahata of FarEye.

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Supply Chain Management With Blockchain: How the Blockchain Enables Supply Chains to Focus on Customer Experience

Cerasis

DOWNLOAD WHITE PAPER. For example, the process of using blockchain follows a logical path from development and procurement through delivery and returns management, as noted by the following Deloitte graphic. Since shippers can immediately identify product location and cost to ship to a consumer, the overall time to delivery decreases. Decreased shipping costs. Increases order accuracy and prevention of the shipping of counterfeit products.

Building the Business Case for Supply Chain Risk Management

Cerasis

Download White Paper. The same source also informed that the Chartered Institute of Procurement & Supply (CIPS) Risk Index of 2016 was the highest since records have begun in 1995. Design of the Supply Chain Each company should carefully develop the architecture of its supply chain in terms of location of warehouses, shipping routes, and other critical considerations.

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. Cobots are involved in packaging, picking, shipping, delivery and visibility throughout logistics, but they are rapidly becoming key players in the artificial intelligence and data analytics movement.

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Use of Blockchain in Supply Chain & Logistics: Looking to Examples Across Industries for Better Understanding

Cerasis

DOWNLOAD WHITE PAPER. Blockchain is entering a phase of development that will affect every aspect of supply chain and logistics management, ranging from procurement to forward logistics and beyond. Companies, like BP, Eni Trading and Shipping, and Wien Energie, have already completed pilot programs for use of blockchain technology to reduce back-office processes and streamline cross-border trade, as well as energy management.

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 chain technology is a difficult, exhilarating topic to cover in detail.

Blockchain and Reverse Logistics: Recapturing Costs and More

Cerasis

DOWNLOAD WHITE PAPER. Integrate supply chain systems into a single platform, providing a combined approach to management of product lifecycles from procurement through reclamation, recycling and disposal. Use cost savings achieved through blockchain in reverse logistics to offer free return shipping, increasing conversion of site visitors. In fact, 79% of customers want free return shipping, and 92% will make repeat purchases if returns are easy.

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.

Five Technology Trends That Will Change Global Freight

Freightos

Better last mile shipping. Persistent growth in ecommerce, door delivery and expectations for “free” shipping have many in the industry talking up the potential for drones to change the industry. However recent Freightos research found that only 32% of logistics professionals believe that drones will change the industry in the next five years (with nascent signs that drones are taking on some niche shipping tasks. Five Tech Trends That Will Change Freight.

How Freight & Transportation Data Can Trim Your Transportation Spend

Cerasis

Work with upstream suppliers to analyze their supply chain —including shipping costs, modes and mode-shifting opportunities, and order frequency—and how it affects your business. These functions must integrate easily into current logistics, invoicing , and procurement processes. We recommend you download that white paper by visiting that blog post here. Identify factors that impact your freight shipping costs.

Innovative Approaches to Supply Chain Risk

Kinaxis

A few hours later, your procurement head walks in the office. “We The report outlines some of the key challenges as follows; A variety of physical and non-physical risks need to be considered including geographic factors (natural disasters, political unrest), supplier quality and labor issues, volatility in pricing, customer demand, shipping, IT security, regulatory changes, etc. Those were my takeaways, but I encourage you to download the report and form your own conclusions.

Top 15 Logistics Blog Posts of 2014

Cerasis

The manufacturing firm would then have to organise shipping of the defective product, testing the product, dismantling, repairing, recycling or disposing the product. 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.” Below you can download the LTL Freight Management presentation with notes and also view the webinar in its entirety. Download the Webinar Replay.

Save money with our 8 step guide to improving the purchasing process in your business

Silver Lynx Supply Chain

It’s sometimes called “procure to pay” or P2P for short. Download our free cheat sheet with 24 extra tips to improve your purchasing process. Are you paying invoices with rush shipping or overnight charges? For example, an RFP could be used for a multi year fleet arrangement, and an RFT could be used for procurement of raw sand for a year long contract. Your company procurement policy will typically specify the dollar limits for when an RFP or RFT should be used.