Remove Exercises Remove Freight Remove Sourcing Remove Sustainability
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. To thrive in this ever-evolving landscape, shippers must embrace a flexible and responsive approach.

article thumbnail

Reimagining Logistics: Focusing on What’s Ahead, Not What Happened

Logistics Viewpoints

Finally, the growing urgency to address climate change, as well as social and economic inequities, are compelling higher urgency to accelerate sustainability initiatives within logistics networks and elsewhere. Their transportation networks are more diverse, in many cases aided by connections to digital freight marketplaces.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Mars Wrigley’s Highly Successful Supply Chain Digital Transformation

Logistics Viewpoints

Demand sensing involves the use of the external data sources – particularly the latest sales and market data – to improve short-term forecasting and then be able to use that improved understanding of consumer behavior to improve their supply planning. The company chose 4Flow to do transportation planning and execution in Europe.

article thumbnail

Towards Successful Digital Transformation – Separating the hype from reality

The Logistics & Supply Chain Management Society

Many organisations have had to adapt and implement new technologies to become more sustainable, flexible, and efficient. Source: Schumacher et al. Additionally, supply chain digitalisation is never a one-off exercise but rather a continuous effort. Closing Thoughts. Dr. Shereen Nassar.

article thumbnail

Going Beyond Brokerage: How North American Capacity Solutions Can Go to Work for You

Talking Logistics

Don’t view procurement as a tactical, routine annual exercise that must be completed quickly in order to meet your current customer demand at the lowest possible cost. Make it a part of your larger transportation strategy and achieve a meaningful and sustainable ROI with creative, tailored and comprehensive capacity solutions.

Capacity 101
article thumbnail

6 Essential Procurement Training Courses for Professionals: How To Begin and Advance Your Career in Procurement

SCMDOJO

Choose between a broad overview of procurement and a focused course that focuses on certain topics like strategic sourcing, contract management, or supplier relationship management. Take into account things like your current skill level, desired improvement areas, and professional objectives. Procurement and Purchasing Cycle Lesson 7.

article thumbnail

Peloton’s Supply Chain Strategy Turnabout

Supply Chain Matters

The company will henceforth outsource the manufacturing of its stationary exercise bikes and treadmills to a Taiwan based contract manufacturer. Sourcing was both a cost as well as landed cost decision factor. The company was eventually forced to transport its bikes and equipment by more expensive air freight to avoid congested U.S.