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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. The freight market is mercurial. One master of freight procurement is Kyle Masters.

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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. At the heart of it all, an effective procurement strategy remains paramount.

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What Shippers and Retailers Need to Know for Peak Season Planning 2022

The Logistics of Logistics

The ongoing Ukraine–Russia conflict has caused turmoil in significant parts of the global food chain, and in fact, Ukraine is a major exporter of barley (30% of global totals), wheat (25%), and sunflower oil (60%). Nothing but uncertainty is certain in freight management, and no mode has a higher risk or cost than the final mile.

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Upstream and Downstream Supply Chain Explained: Don’t Get Caught Without a Paddle

ShipBob

Make sure you have an accurate idea of lead times in relation to your production and procurement processes. For instance, you may want to consider multiple transportation modes, like air and ocean freight, to decide which is the best option for the type of inventory you want to transport.

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2022: A Look in the Rearview Mirror–Part I

American Global Logistics

That exacerbated food shortages with Russia and Ukraine among the top five grain exporters. This metric, referred to as a “Frankenstat” due to its grand scope, has many critics. Putting that aside, the creation of this metric signifies the federal government’s increasing role in supply chain matters. #3 of all wheat.

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President Andrew Lynch On What We Must Do To Create Nationally Secure And Resilient Supply Chains

Zipline Logistics

He works alongside clients ranging from some of the largest food and beverage businesses in the world to the brightest up-and-coming CPG brands in North America. Starting his career in carrier procurement and management within a Fortune 100 logistics company, Lynch has held positions of responsibility in all areas of third-party logistics.

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How food and beverage manufacturers can reduce costs and improve profits

SYSPRO Smarter ERP

Food and beverage manufacturing and distribution companies usually operate on smaller margins than most organizations in other industries. Unfortunately, a significant chunk of food and beverage companies’ raw materials are commodities, whose prices don’t just fluctuate from month to month but can change hour-by-hour.