Supply Chain Game Changer

OCTOBER 29, 2020

Do You Have Hidden Freight Costs? Freight sourcing team article and permission to publish here provided by Katharine Barrios at xeneta.com. Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. Use of Freight Rate Benchmarking.

Sourcing Strategies 75

Sourcing Strategies Negotiating Skills Optimal Sourcing Negotiate Pricing 75

The Logistics of Logistics

MARCH 28, 2022

The Freight Marketplace with Dave Maddox. Dave Maddox and Joe Lynch discuss the freight marketplace. and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. Key Takeaways: The Freight Marketplace. About Dave Maddox. About Emerge.

Freight 130

Freight Supply Chain Network Software Logistics Network Optimization Software Predictive Analytics Software 130

Freightos

MARCH 17, 2019

The annual fixed-price contract is the current go-to for ocean freight procurement. Fixing a price is almost futile in a volatile market, and ocean freight now has much more volatility (both frequency and magnitude) than most other commodities. Source: SGX, Freightos Baltic Index. Searching for Ocean Freight’s Spotify.

Optimal Sourcing 120

Optimal Sourcing Procurement Freight Price Reduction 120

The Logistics of Logistics

DECEMBER 1, 2021

Understanding Uber Freight with Raj Subbiah. Raj Subbiah and Joe Lynch discuss understanding Uber Freight. Raj is Head of Product for Uber Freight , a logistics platform built on the power of Uber with the goal to reshape global logistics and deliver reliability, flexibility and transparency for shippers and carriers.

Freight 147

Freight Optimal Sourcing Logistics Network Optimization Software Supply Chain Network Software 147

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

Also in road freight vehicles, battery-electric or hydrogen-powered drivetrains are close to market launch. However, the trucking industry is highly fragmented, composed of many small and medium-sized carriers. Most of the shippers procure their transport through long-term contracts with selected carriers.

Resource Reduction 237

Resource Reduction Cost Reduction Strategies Freight Optimal Sourcing 237

The Logistics of Logistics

APRIL 26, 2022

Freight Truck Shortages Are Changing The Face Of Logistics. Original article: Freight Truck Shortages Are Changing The Face Of Logistics. It is one reason experts on logistics are following the autonomous freight truck market and new approaches to freight procurement closely. There is a driver shortage.

Logistics Network Optimization Software 147

Logistics Network Optimization Software Freight Logistics Predictive Analytics Software 147

Shipsta

APRIL 21, 2022

Every industry uses its own language which can sound quite cryptic to people outside the sector. There are few industries where this is as true as the logistics industry, especially when it comes to the different ways in which freight rates are purchased. What is the difference between procurement, sourcing and tendering?

Purchasing Skills 52

Purchasing Skills Sourcing Procurement Logistics 52

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Purchasing Training 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

The Logistics of Logistics

OCTOBER 1, 2022

Andrew Semisch and Joe Lynch discuss smart freight sourcing, which starts with an RFP tool purpose built for freight sourcing. Andrew is Vice President of Commercial Development for Emerge , the leading freight procurement platform. Key Takeaways: Smart Freight Sourcing. About Andy Smisch.

Sourcing 217

Sourcing Logistics Network Optimization Software Freight Supply Chain Network Software 217

Shipsta

APRIL 23, 2021

Digital freight procurement is the use of digital technologies to rapidly source, compare and analyse bids from carriers. By automating complex tasks and providing greater visibility of data, digital freight procurement helps businesses control freight cos ts and manage risk in their supply chain.

Procurement 52

Procurement Freight Supply Chain Software Sourcing 52

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

Supply Chain Network Software Logistics Network Optimization Software Sourcing Strategies Modeling Software 210

ModusLink Corporation

SEPTEMBER 1, 2023

Supply Chain Management In the ever-evolving world of freight and logistics, volatility has become the new normal. Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. But what does that mean for future strategies in procurement ?

Optimal Sourcing 78

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Manufacturing Procurement 78

The Logistics of Logistics

AUGUST 28, 2023

Sarah is a Shipper Sales Manager at DAT , an online marketplace that connects shippers and carriers in the transportation industry. Established in 1978, DAT established itself as the go-to source for industry trends and market intelligence for transportation brokers, carriers, shippers, news outlets, and industry analysts.

Logistics Network Optimization Software 240

Logistics Network Optimization Software Analytics Software Supply Chain Planning Software Supply Chain Network Software 240

Supply Chain Matters

NOVEMBER 7, 2023

The invention of the ocean container as a means for inter-modal sea and surface transportation movements have orchestrated the march toward lowest cost global based sourcing of components and materials. This BCG advisory further argued that carriers had yet to tap the potential of multi-carrier capacity agreements.

Cost Reduction Strategies 59

Cost Reduction Strategies Global Industrial Industry 59

ivalua

FEBRUARY 8, 2023

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.

Manufacturing Procurement 242

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

GlobalTranz

NOVEMBER 30, 2021

Capturing carrier data gives you more visibility into your freight spend and enables you to make data-driven decisions that positively impact your business. Analytics and market intelligence that enables businesses to make data-driven decisions is especially valuable for an industry marred with the effects of?disruption a shipment?doesn’t

Optimal Sourcing 221

Optimal Sourcing Rail Software Transportation Sourcing Strategies 221

Supply Chain Matters

MAY 22, 2023

freight and logistics industry continues to mitigate recessionary conditions including the April 2023 Logistics Manager Index reaching its lowest level lowest level in six years and one-half years. freight, logistics and parcel movement industry. Freight rate reportedly fell 37 percent. The LMI has now declined 6.7

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

The Logistics of Logistics

OCTOBER 30, 2023

He is a board member of the Association for Manufacturing Excellence (AME) and a contributor to the Forbes Technology Council , Manufacturing Today, WardsAuto , Supply Chain Brain, Industry Today, Aerospace Manufacturing and Design, ASSEMBLY , and more. Some of its customers include Boeing, Airbus, Spirit AeroSystems, and Tesla.

Optimal Sourcing 241

Optimal Sourcing Inventory Reduction Supply Chain Design Software Manufacturing Procurement 241

Logistics Viewpoints

SEPTEMBER 28, 2021

Real-time transportation visibility platforms tell shippers and their broker/carrier partners where their freight is at any point on its journey. He founded FourKites in 2014 after recognizing pain points in the logistics industry and designing elegant and effective systems to address them. He lives in Chicago.

Rail Software 188

Rail Software Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 188

The Logistics of Logistics

SEPTEMBER 25, 2023

He has extensive experience in the industrial supply chain and distribution space, as he was recognized as a Supply Chain Pros to Know by Supply and Demand Chain Executive in 2021, 2022, & 2023. Industrial Distribution business unit. Reduces duplicate materials and centralizes inventory to improve efficiency and reduce costs.

Optimal Sourcing 263

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 263

Supply Chain Matters

OCTOBER 19, 2023

Bloomberg, The Wall Street Journal and other industry specific media are reporting that Seattle based digital freight start-up services provider Convoy is preparing for a possible sale or other action. Supply Chain Matters highlights a breaking news development related to Seattle based trucking based Cloud platform provider Convoy.

Logistics Network Optimization Software 59

Logistics Network Optimization Software Report Freight Demand Planning Software 59

Talking Logistics

FEBRUARY 18, 2016

If you are buying widgets, there are many ways to make your purchase, from going to a retail location, ordering online or using a standard procurement software tool that allows you to order lots of widgets and receive them over a specified period of time. Here are the top five reasons you need a transportation sourcing solution: 1.

Manufacturing Procurement 100

Manufacturing Procurement Procurement Solutions Purchasing Skills Sourcing Strategies 100

EC Sourcing Group

DECEMBER 1, 2021

Demystifying Transportation Sourcing. 9/2/2021 – Guest Blog Post from Kumar Kannan of Procural. 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.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52

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 190

Benchmarking Procurement Freight Conference 190

Logistics Viewpoints

JULY 26, 2022

Throughout the past six months, rates and capacity have been highly volatile as the industry deals with other ongoing challenges. Shippers, despite all obstacles, are expected to reduce freight spending, drive efficiency, and improve customer service every year with incremental improvements year-over-year.

Optimal Sourcing 237

Optimal Sourcing Supply Chain Design Software Sourcing Strategies Cost Reduction Strategies 237

EC Sourcing Group

SEPTEMBER 2, 2021

Demystifying Transportation Sourcing. 9/2/2021 – Guest Blog Post from Kumar Kannan of Procural. 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.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52

Ware2Go

JANUARY 7, 2022

In a November survey , 87% of merchants shared that they already were affected by increased freight costs. Further, 18% had re-routed freight or re-negotiated with carriers – and 12% absorbed the extra cost. What is just-in-time procurement? What is just-in-case procurement? What Are the Pros and Cons of JIC Procurement?

Just-in-Time 98

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 98

GlobalTranz

SEPTEMBER 23, 2021

Let’s consider these top factors affecting the trucking market, their implications on supply chains and how they are driving change within the industry. . High freight volumes across all industries in the trucking market are expected to continue into 2022.? Legislation may also affect change in the industry.?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Jaggaer

DECEMBER 4, 2018

Why You Should Consider Freight Procurement Sourcing Solution. Procuring raw materials or finished goods is one thing, but the processing of moving those goods from one place to another brings its own set of challenges. The Challenges of Freight. It’s Time to Catch Up. Data is King.

Optimal Sourcing 40

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Procurement 40

AFFLINK

AUGUST 17, 2022

According to a recent report by Instawork, 60% of industrial businesses struggled to keep up with increased demand last year. Benefits of Automation in Procurement Technologies Manufacturers and distributors aren’t the only ones feeling the business pressures of supply chain disruption.

Manufacturing Procurement 62

Manufacturing Procurement Supply Chain Software Optimal Sourcing Demand Planning Software 62

The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

This is the challenge that industries face all around the world. Ideally one man’s trash is another man’s treasure, but that takes coordination of people in different industries. In one example, Crust Group in Singapore provides a Southeast Asian example of a cross industry “circular economy” partnership. Sure there is.

Manufacturing Procurement 245

Manufacturing Procurement Material Savings Singapore Waste Reduction 245

20Cube Logistics

FEBRUARY 17, 2022

However, along with the industry, the role of a logistics manager is also evolving. The rapid rate of technological change and faster access to a greater amount of data are resulting in a transformation of the freight forwarding process. This involves procuring details of shipments at various times, and various legal requirements.

Freight 75

Freight Resource Reduction Cost Reduction Strategies Inventory Reduction 75

ivalua

JUNE 1, 2022

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed by Philip Ideson from Art of Procurement to discuss the impact of the Covid-19 pandemic on Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity.

Supply Chain Planning Software 130

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software Manufacturing Procurement 130

Supply Chain Matters

JANUARY 10, 2023

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares select individual prediction snapshots that are included in our annual 2023 predictions for industry and global supply chains research advisory. A published Future of Freight study sponsored by Deloitte in September 2022 indicated that U.S.

Predictive Analytics Software 52

Predictive Analytics Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 52

GlobalTranz

APRIL 30, 2021

CVSA-certified inspectors will commit a blitz of inspections across North America, creating a sudden strain on resources for both domestic and cross-border freight. Is the CVSA Roadcheck Safety Blitz a Good Thing for the Industry. Consolidate parcel and LTL freight to reduce wasted space and tap additional capacity.

Resource Reduction 297

Resource Reduction Waste Reduction Capacity Supply Chain Design Software 297

Supply Chain Matters

MAY 20, 2022

As developments regarding industry supply chain disruptions continue unabated, businesses now increasingly face the sting of higher supply chain and transportation driven costs impacting the bottom line. With businesses now keenly focused on needs for supply chain digital transformation, the trucking industry is no exception.

Sourcing Strategies 97

Sourcing Strategies Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software 97

Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case procurement strategies. In a November survey , 87% of merchants shared that they already were affected by increased freight costs. What is just-in-time procurement?

Just-in-Time 52

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 52