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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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Are Ocean Freight Prices Absolutely Broken?

The Logistics & Supply Chain Management Society

But decisions about how many barrels to produce or how many ships to sail have to be made in advance. Is ocean freight pricing broken? As ocean carriers were just signing checks to build massive ships, the global financial crises hit and shipment volumes sunk like a Led Zeppelin. Was it profiteering? And it can be fixed.

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How to Successfully Integrate an E-Commerce Shipping Plan Into Your Traditional Shipping Practices

GlobalTranz

E-commerce value will exceed $4 trillion by 2025, and demand for e-commerce requires seamless integration between traditional shipping practices and an e-commerce shipping plan. Its global nature makes conventional shipping strategies inefficient and utterly unworkable. Access to multi-modal shipping and drop shipping options.

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Freight Data Trends for 2019 and How a TMS Will Grow in Value

GlobalTranz

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel.

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When to Switch From In-House to Managed Logistics Transportation Services

GlobalTranz

Indicator 1: It’s Difficult to Track Your Inventory From Suppliers Through Final Mile. Inventory tracking and visibility must be present from the first mile through the final mile, reflecting the entire shipment lifecycle through white glove services. Indicator 2: Freight Spend Seems to Be Spiraling Out of Control.

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Importance of Digitalisation to Improve Supply Chains: Helping Businesses Navigate Through Supply Chain Disruptions

The Logistics & Supply Chain Management Society

The ongoing impact of the pandemic brings greater challenges and obstacles with increased consumer demand, limited resources, shipping congestion, and labor shortages. One solution to this problem is centralized distribution and real-time inventory management. LogiSYM Supply Chain Magazine – August 2022. Industry 4.0

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The Green Corridor: The Circular Journey

The Logistics & Supply Chain Management Society

The energy generating and saving equipment alone was able to propel the ship over the ocean in many different conditions. He crafted delivery solutions for e-commerce clients and managed supply chains for several chemical and freight forwarding companies. The technology used holds many insights for the maritime industry. #3