article thumbnail

Freight Procurement is a Different Game

Logistics Viewpoints

Procuring transportation for freight is much different than any other procurement category. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. One master of freight procurement is Kyle Masters. Procurement ran a request for proposal event.

article thumbnail

Why Transportation Procurement is More than an Event

Talking Logistics

Sometime in the last half of 2018, the transportation market began to soften. The shift began, and in procurement we saw an increase in bid activity that has continued into 2019. The shift began, and in procurement we saw an increase in bid activity that has continued into 2019. Spot rates began to decrease a bit. Be realistic.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Approach to Effective Freight Procurement

The Logistics & Supply Chain Management Society

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. At the heart of it all, an effective procurement strategy remains paramount.

article thumbnail

Crafting a Procurement Management Plan to Mitigate the Impacts of Inflation

Precoro

As the department overseeing an organization's external expenditure, procurement is responsible for softening the impact of inflation. In this article, we will discuss how a robust procurement management plan can help address and mitigate the effects of inflation. Procurement methodology. Objectives and scope.

article thumbnail

For Many, the Annual Freight Bid Season is Not “The Most Wonderful Time of the Year”

Logistics Viewpoints

At the same time, a retailer whose product demand drops sharply has less need for transportation capacity and therefore tenders lower volumes to contracted carriers. The frequency of RFP events is only one area that can be improved as shippers look for a better way to manage freight procurement processes.

Freight 207
article thumbnail

Definitions Matter

Supply Chain Shaman

“At the Digital Supply Chain event at SAP. Use of order patterns to execute a route guide in Transportation Planning (TMS)–route planning, pooling of less than truckload, and load tender. First pass tender percentage in transportation planning. Let’s take an example. This is a post from LinkedIn today.

article thumbnail

Upcoming Special MIT CTL Crossroads Event

Supply Chain Matters

Supply Chain Matters highlights the upcoming MIT Center for Transportation and Logistics Crossroads 2023 event, along with the opportunity to attend in person at a discounted rate. ” This year’s event will again be held in-person, on the campus. Ensure you utilize the noted promo code when prompted. All rights reserved.