Talking Logistics

JULY 27, 2022

At a recent industry conference, a shipper asked me many questions about transportation procurement, such as, “How do you best determine how long and how often to have transportation sourcing events?” Read more Why Benchmarking is the First Step to a Successful Freight Procurement Event. The good news.

Benchmarking 191

Benchmarking Procurement Freight Conference 191

GlobalTranz

DECEMBER 5, 2018

For example, a black swan event may include both the physical damage and ongoing disruption caused by a hurricane and subsequent bottlenecks, so shippers that know how to isolate the causes of poor visibility and areas that are likely to contribute to worsening of black swan events can effectively reduce their chances of coming to fruition.

Price Reduction 168

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Logistics Viewpoints

FEBRUARY 26, 2024

Everything from contrast dye, to tubing, to medical devices with embedded semiconductor chips would suddenly become difficult to source. Buying organizations use this technology to monitor and analyze supplier risk events in real-time. I don’t need to know about Tier 2 events for my market suppliers. I have 1000s of them.

Supply Chain Planning Software 249

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Talking Logistics

SEPTEMBER 4, 2022

How do you best determine how long and how often to have transportation sourcing events? Read more [Video] Why Benchmarking is the First Step to a Successful Freight Procurement Event. Read more [Video] Why Benchmarking is the First Step to a Successful Freight Procurement Event.

Benchmarking 130

Benchmarking Video Procurement Freight 130

The Logistics of Logistics

DECEMBER 5, 2022

Brad Wheeler and Joe Lynch discuss the freight-tech dilemma. Brad serves as the Senior Director of Customer Strategy at Emerge , the leading freight procurement platform. Transforming the $800 billion freight industry, Emerge empowers meaningful logistics relationships through its award-winning Freight Procurement Platform.

Supply Chain Network Software 210

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EC Sourcing Group

DECEMBER 1, 2021

Demystifying Transportation Sourcing. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. This article is about creating value in transportation sourcing. Applying sound sourcing principles will enable you to unlock value.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52

EC Sourcing Group

SEPTEMBER 2, 2021

Demystifying Transportation Sourcing. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. This article is about creating value in transportation sourcing. Applying sound sourcing principles will enable you to unlock value.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52

Unleashed

DECEMBER 15, 2019

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. International Sourcing.

Manufacturing Procurement 83

Manufacturing Procurement Sourcing Strategies Purchasing Skills Optimal Sourcing 83

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

The three colossal ‘Black Swan’ events of recent years – COVID-19, the Suez Canal closure and the ongoing crisis in Ukraine – are being supplemented with numerous economic challenges. Ever increasing costs in Asia, geopolitical tensions and trade tariffs are further de-stabilising supply chains.

Supply Chain Software 130

Supply Chain Software Supply Chain Strategy Sourcing Strategies Supply Chain 130

The Logistics of Logistics

NOVEMBER 1, 2023

Kevin Hill and Joe Lynch discuss the freight brokerage market. Kevin is the owner of Brush Pass Research , a sales and marketing research firm that helps companies sell to freight brokerages across North America. He is also the host of Put That Coffee Down, a popular freight sales show on FreightWavesTV.

Freight 217

Freight North America America Predictive Analytics Software 217

Freightera

AUGUST 11, 2023

The third largest US trucking company Yellow (YRC Freight) and Surge Transportation freight brokerage are closing operations: Here’s what it means for shippers and transporters with the commentary from Freightera CEO, Eric Beckwitt Recent developments have sent ripples through the entire freight industry.

Freight 39

Freight Transportation Supply Chain Planning Software Agile and Lean Supply Chain 39

Zipline Logistics

JUNE 29, 2021

The freight market has been on the receiving end of several systemic shocks that continue to affect industry providers and shippers alike. And when you add in the current labor and commodity shortages along with an inflationary environment, it is apparent why freight rates have been steadily climbing.

Freight 91

Freight Trends Los Angeles Manufacturing Procurement 91

Supply Chain Shaman

JULY 15, 2021

Labor shortages abound for road freight. The Freight Rates for a 40 foot container from China to the west coast of the United States is quadruple the price of a year ago. The supply chain leader is struggling with increased cost and delayed on-time deliveries in ocean freight. Price Increases. Political Unrest. Focus Outside-in.

Supply Chain Design Software 363

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Freightos

FEBRUARY 16, 2020

The digitization of commerce created a path for giants like Amazon and Alibaba to dominate their respective storefront/fulfillment and sourcing roles in the market. million freight containers each year. But this spike put capacity on container ships at a premium, pushing freight rates way up as well.

Purchasing Skills 177

Purchasing Skills Supply Chain Software Price Reduction Manufacturing Procurement 177

ivalua

FEBRUARY 8, 2023

Digital transformation will lead to the evolution and digitization of key procurement processes, from source-to-pay. This way, if one supplier is impacted by a disruption, you can source goods from another supplier. Teams should also revise expectations for tier-two and tier-three suppliers, shipping and freight partners.

Manufacturing Procurement 242

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 242

GlobalTranz

SEPTEMBER 23, 2021

High freight volumes across all industries in the trucking market are expected to continue into 2022.? The added strain on resources is on track to force high freight volumes to continue well into the next year. Download the White Paper: Over the Road Freight Management Trends. Carrier Vetting for OTR Freight.

Prescriptive Analytics Software 308

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GlobalTranz

FEBRUARY 1, 2021

Source: CNN. FreightWaves anticipates the heavy snowfall and strong winds will delay freight flows in the northeast throughout the week, impacting key freight markets like Harrisburg, PA, Allentown, PA, and Elizabeth, NJ. These weather events are rapidly evolving.

Rhode Island 156

Rhode Island New Jersey Massachusetts Pennsylvania 156

ToolsGroup

MARCH 17, 2020

Macro events like the Coronavirus crisis trigger demand volatility that affects every link in your global supply chain—from the raw materials you procure to setting safety stock levels to planning logistics and promotions. One US-based ToolsGroup manufacturing customer sources parts from several Chinese and Italian suppliers.

Supply Chain Planning Software 215

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 215

Supply Chain Game Changer

AUGUST 22, 2019

3 Most Common Freight Forwarding Scams (and How to Avoid Them)! Licensed freight brokers operate around the country in various markets, helping make the transport of goods a reality for their customers. Currently, more than 17,000 freight brokers work in the United States, either as independent businesses or as part of a team.

Freight 63

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Supply Chain Shaman

FEBRUARY 16, 2024

Narrow AI is goal-orientated Artificial Intelligence designed to solve specific issues, such as determining stock levels or planning promotions based on events or weather. The translation of ripple effects of short supply, pricing, quality issues, and freight shifts affects how to source, make, and deliver processes should align.

Supply Chain Planning Software 362

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 362

Logility

DECEMBER 20, 2022

Some posit that governments are more likely to intervene in 2023 to address issues caused by the ongoing geopolitical events and rising inflation. Utilize scenario planning in cases such as when to onshore versus offshore to evaluate sourcing options in the wake of government intervention . industry and the economy.

Optimal Sourcing 130

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Zipline Logistics

SEPTEMBER 7, 2021

If you have an order that needs to get to its destination in a hurry, expedited freight options could be your best choice for delivery. Though often a result of an unexpected need, there is still a way to control costs and ensure quality performance when arranging expedited freight services. What Is Expedited Freight?

Freight 52

Freight Negotiating Skills Manufacturing Procurement Inventory Reduction 52

Logistics Viewpoints

JUNE 17, 2022

One-quarter of consumers plan to give “gifts of experience” such as tickets to a concert or sporting event. The company, in its quest to achieve carbon neutrality by 2025 has also been investing in electric vehicles as well as other alternative fuel sourced vehicles.

Logistics Network Optimization Software 198

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QAD

MAY 20, 2021

In 2020, air freight costs from China to the US increased 81%. More than 40% of business leaders admitted they would not be able to understand the potential impact of a disruption event on their supply chain. That’s why we hosted our thought stream event, QAD Tomorrow, to dive deeper behind the headlines.

Supply Chain Disruption 94

Supply Chain Disruption Agile and Lean Supply Chain Optimal Sourcing Supply Chain Design 94

CH Robinson Transportfolio

MAY 17, 2021

webinar, we provided an in-depth analysis of current supply and demand trends in the North American freight market. In relation to seasonal events, how does congestion in the ports impact trucking congestion? Source: ACT Research April 2021 Freight Forecast report. Thank you to those of you who attended our live event.

Freight 44

Freight Forecasting Los Angeles Supply and Demand 44

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

Initiatives for more Sustainable Sourcing Industries have variations on this, but to limit the problems associated with poor transparency of quality, legality or sustainability; supply chain managers use some of the following methods: Physically go to the source and investigate. Test the supplier’s methods.

Food 130

Food Vendor Strategies Price Reduction Waste Reduction 130

The Logistics & Supply Chain Management Society

MARCH 16, 2021

All these events combined, plunged the global economies into multiple catastrophies—global shutdowns, negative economic growth and huge monitory and human losses. Visibility into Tier I, II and III suppliers, de-risk by developing alternates, build practical BCPs (business continuity plans) and China + 1 sourcing strategy.

Pharmaceutical 246

Pharmaceutical Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 246

Logistics Viewpoints

SEPTEMBER 28, 2021

The surging Delta virus, devastating floods in China and Germany and cyber attacks on South African ports are amongst the latest in a series of events that continue to send shock waves throughout the system. In light of all of this, I’d posit we can no longer look at the events of the last year as an aberration. The impact?

Rail Software 189

Rail Software Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 189

Logistics Viewpoints

MARCH 2, 2023

Freight rates have plummeted, brokerages are struggling, and the industry is still bloated with excess inventory. With the right data you can reduce your overall transportation costs, both accessorial costs and overall freight spend. Closer to home for supply chain professionals, driver shortages continue to plague the industry.

Waste Reduction 197

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 197

Logistics Viewpoints

JULY 28, 2021

As I mentioned in an earlier post on the growth drivers for the Transportation Management Systems market , transportation visibility tools are one of a number of technologies that are improving performance and helping to reduce freight spend. Visibility solutions are becoming more necessary.

Real-time Visibility 247

Real-time Visibility Transportation Predictive Analytics Software Forecasting Software 247

The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

Recent cumulative events have increased the emphasis on the supply chain, emphasizing its importance and bringing it to the fore. These events have highlighted a need for agility and have led to significant changes and approaches to managing supply chains across the Asia Pacific region. . A Synopsis of the ITAP-LogiSYM event.

Predictive Analytics Software 246

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Supply Chain Collaborator

MARCH 16, 2020

Here are three reasons why logistics management software like TMS, YMS Freight Audit and others is essential to the survival of business during events like global pandemic. Freight charges to ship oil in Suezmax tankers… have in some cases increased ten-fold amid a shortage of very large crude carriers (VLCCs)…”.

Supply Chain Planning Software 108

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The Logistics & Supply Chain Management Society

OCTOBER 17, 2022

Fossil fuel proponents like to claim that oil and coal are the only “rainy day” energy source out there. This has not only been reinforced by recent world events – it’s also being destroyed in the lab by teams of people coming up with ways to simply store wind and solar power cheaper and cheaper. The Energy Grid.

Supply Chain Design Software 245

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Supply Chain Game Changer

OCTOBER 1, 2022

Outsourcing Sourcing! This can include building tensions between nations, wars, or closed borders, as well as broader events like natural disasters, climate emergencies, or changes in political leadership. Air freight shipping is significantly more expensive than oceanic freight, but it takes far less time. Email Address.

Supply Chain Planning Software 92

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CHAINalytics

MAY 20, 2019

A large percentage of North American companies hold their annual transportation sourcing event during the first quarter or last quarter of each year. However, there is … The post The Benefits of “Off-Cycle” Transportation Sourcing Events appeared first on Chainalytics.

Sourcing 60

Sourcing Transportation Company Procurement 60

The Logistics & Supply Chain Management Society

MARCH 22, 2022

While the duty to capture and prosecute these criminals rests with law enforcement authorities, transportation companies and their staff are invaluable sources of intelligence and should step up as partners in combating IWT. When I was Head of Go Green at DHL eCommerce a few moons ago, I spearheaded a program to do just that.

Logistics Network Optimization Software 245

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Resilinc

NOVEMBER 29, 2021

Within a week of the COP26 conference wrapping up, massive floods in British Columbia severed the freight railroad serving the Vancouver, home of Canada’s largest port. While not all extreme weather events can be blamed on climate change—many can. and/or more intense. If so, when?

Supply Chain Design Software 62

Supply Chain Design Software Manufacturing Procurement Sourcing Strategies Supply Chain Design 62