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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. To thrive in this ever-evolving landscape, shippers must embrace a flexible and responsive approach.

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High Ocean Freight Rates Might Spoil Holiday Season Shopping This Year

Turvo

During the holiday shopping season, sky-high ocean freight rates are major contributors that will strain the industry and shoppers alike. Other intermittent bottlenecks such as port shutdowns and freight policy changes will add to the shipping industry’s woes. Stocking up on the inventory is the need of the hour.

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Mars Wrigley’s Highly Successful Supply Chain Digital Transformation

Logistics Viewpoints

Mars Wrigley chose Transplace, now UBER Freight, for North America and a partnership with Maersk/E2Open for ocean freight. The algorithms generate recommendations on optimal ways to rebalance inventory based on cost and service level impacts. This visibility is key to both the root cause analysis and the inventory rebalancing.

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The Food and Beverage Industry is in Crisis – How will you Respond?

Logility

Drilling down, you’ll learn that demand planning, inventory, replenishment, manufacturing and Sales and Operations Planning (S&OP) capabilities are the building blocks of supply chain planning excellence. But these aren’t normal times, so let’s change the game, the tone, the degree of urgency.

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Expectations for the holiday season

Cathy Roberson

So, we're taking the necessary steps to position our portfolio for continued share growth, exiting the year with momentum for our brands and ensuring our inventory health is back to historical norms. We think that's a consequence of inventory levels generally normalizing and how many of our customers are approaching the holiday season.

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What is Supply Chain Resilience?

GlobalTranz

The demand caught off-guard those retailers and suppliers who relied on just-in-time inventory practices. More consumers purchased bigger, bulkier items – furniture, exercise equipment, etc. GlobalTranz Chairman and CEO Robert Farrell expects “unnatural” freight to continue in 2021. Overall, U.S.

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The Counter to Constant Supply Chain Volatility Is Pervasive Visibility and Industry Collaboration

Logistics Viewpoints

Real-time transportation visibility platforms tell shippers and their broker/carrier partners where their freight is at any point on its journey. Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility. And what is sitting in the warehouse. And at the cross-dock.