Cerasis

SEPTEMBER 14, 2016

However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. As a result, an external benchmarking tool , explains Olga Rissin of CHAINalytics , offers the benefits of reducing internal spend and accessing outside data, which further drives competitive advantage and lower spend in managing the procurement supply chain. As a result, more shipments can be placed on “fast lanes,” reducing overall freight spend and duration of shipments.

Procurement 260

Procurement Logistics Supply Chain Benchmarking 260

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. Whether you are a BCO (Beneficial Cargo Owner), Freight Forwarder or NVOCC it is essential that you get this critical component right. Use of Freight Rate Benchmarking. Subscribe Here!

Sourcing 40

Sourcing Benchmarking Freight Cargo 40

Cerasis

OCTOBER 16, 2015

As a third-party logistics company focused on over the road transportation management, and having an LTL rating engine and web-based TMS for nearly 20 years (web-based even before Google!), at Cerasis, we know a thing or two about the nuances of LTL procurement. LTL procurement is something we do very well. So we thought we would impart upon all the shippers out there some tips on how to reduce overall costs for effective LTL Procurement. Logistics LTL ltl procuremen

Procurement 229

Procurement Third Party Logistics Metrics Benchmarking 229

Supply Chain Game Changer

SEPTEMBER 9, 2020

Digital Procurement article and permission to publish here provided by Katherine Barrios of xeneta.com. The Hackett Group has recently released their analysis of their procurement benchmarking database. It demonstrates the advantages of working with a digital procurement strategy.

Procurement 52

Procurement Chemicals Groups Analytics 52

Cerasis

JUNE 19, 2018

Unfortunately, the use of full truckload shipments and expenditures have hit an all-time high, reports Kate Patrick of Supply Chain Dive. These rates will have natural implications for smaller shippers seeking to lower overall transportation and freight spend, and paired with a “blurred lines between peak shipping and shopping seasons,” shippers will experience increasing trouble when trying to procure full truckload capacity. Conducting annual procurement exercises.

Capacity 174

Capacity Procurement How To eBook 174

Cerasis

JUNE 7, 2018

The most recent report on adoption rates of TMS is from 2015, with only 35 percent of shippers actively using a TMS, asserts Bridget McCrea of Logistics Management. In full truckload freight management, technology will make or break plans for keeping freight spend in check. Amazon continues to push its own fleet forward, and the Big Box giants are willing to pay premium prices to get freight to market. Freight Management News Full Truckload Technology

Freight 188

Freight Shipping Third Party Logistics Electronics 188

Cerasis

FEBRUARY 27, 2017

Calculating the carbon footprint of a company’s comprehensive logistics framework is tremendously complex. WorldShipping.org cites data from The Network for Transit and the Environment that shows that measured by grams/kg/km air freight as the largest carbon footprint impact and steamships as the lowest. Creating more sustainable logistics is even more important for the trucking industry. Sustainable Logistics | Quantifying Sustainability Measures of Your Logistics.

Sustainability 226

Sustainability Logistics Packaging Lean 226

Cerasis

JULY 29, 2015

Consider the many shippers who have outsourced transportation management and other logistics functions to third-party logistics (3PL) providers the past few years. A distributor or manufacturer’s strength is in making product—its focus is procurement and streamlining production, but without the capability to fulfill orders, it is doomed. third party logistics industry was at a healthy 4.5 Businesses today often need a bit of help moving their bottom line forward.

Transportation Management 257

Transportation Management Report Transportation Third Party Logistics 257

Talking Logistics

JUNE 24, 2016

A beautiful woman passed away this morning, my wife’s aunt who we all loved, so I will be brief with my comments about this week’s supply chain and logistics news. Logistics in Transition: U.S. Business Logistics Costs Slow Considerably with 2.6% Triumph Business Capital Provides Instant Cash Funding Via AscendTMS™ Logistics Software. April 2016 North American Freight Numbers. Cass Freight Index Report – May 2016.

Logistics 126

Logistics Third Party Logistics Journal Supply Chain Risk Management 126

Cerasis

FEBRUARY 24, 2015

When you want to drive down your logistics and transportation spend, the very first thing that you need is freight and transportation data. Accurate freight and transportation data is particularly important. Seizing control of freight and transportation spend can improve operating income by five to 10 percent, and boost stock prices by 10 to 20 percent, according to an Accenture study, From a Shipper’s Market to a Carrier’s Market. Matrix Report.

Transportation 247

Transportation Data Freight Report 247

Supply Chain Game Changer

NOVEMBER 17, 2018

Check out Procurement: The Spend Aggregation Obstacle Course! Aggregating your procurement spend for the purpose of delivering greater value is a sound objective. We discussed these in greater detail in our post Procurement (Part 1!) – The Spend Aggregation Obstacle Course! I have been in the Procurement organization trying to get our arms around spend. This may be the head of Procurement, the CFO, the COO or the CEO. Clear Reporting.

Procurement 58

Procurement Policies How To Course 58

Cerasis

DECEMBER 29, 2014

We continue our top blog posts of 2014 from our main categories today by focusing on something at Cerasis we are experts in : Logistics. If you are familiar with the term logistics, then you undoubtedly know it conjures up a different meaning to different people , different countries, and different companies even. There are countless number of logistics service providers who offer many different types of broad and niche services. Top 15 Logistics Blog Posts of 2014.

Logistics 254

Logistics Reverse Logistics Automotive Freight 254

Freightos

JULY 26, 2018

Not even B2B is spared from these changing expectations (which is why we at Freightos launched an online freight marketplace ). While freight industry executives likely sighed with relief when an update of Amazon’s logistics.amazon.com page on June 28th turned out to be nothing more than a franchise model for courier delivery services. Amazon is at the nexus of ecommerce, data, and logistics, with a drive to constantly improve their logistics network.

Data 168

Data Kentucky Logistics Italy 168

Freightos

AUGUST 26, 2015

The Experts’ Choice of the Top Online Logistics Resources. So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were. Experts’ Choice: Supply Chain and Logistics Email Newsletters. This is the experts’ selection – but if we had to choose just one, our go-to read is the fast-rising WSJ Daily Logistics Report.

Resources 261

Resources Logistics Cargo Handbook 261

Cerasis

FEBRUARY 13, 2017

The election is over, but the race is just starting for logistics providers. From Amazon to hyper-local retailers, 2017 will be a year of intense scrutiny and pressure on logistics providers. Fortunately, your organization can get ahead of the learning curve by knowing what trends in logistics to watch for this year. The Top 6 Trends in Logistics Impacting Shippers in 2016. Autonomous Trucks Will Drive Logistics Forward. Logistics

Trends 225

Trends Logistics Reverse Logistics Russia 225

Supply Chain Network

AUGUST 6, 2012

Shockingly, though, companies are failing to invest in the necessary procurement tools to manage spend and optimize their transportation networks. Here’s the cliff-note version of the results; the full report is worth a thorough read : Transportation planning is sorely inefficient: According to the survey, only 25 percent of buyers are using a completely systems-based approach for procurement. Freight & Transportation Information Technology PaulMartyn Procurement

Procurement 81

Procurement Transportation Benchmarking Survey 81

Cerasis

FEBRUARY 16, 2016

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. According to the CSCMP's "State of Logistics" Report from 2015, logistics costs now make up over 8% of the GDP. Any percentage less for your business with logistics costs as a percent of your revenue, goes straight to the bottom line. . Logistics Cost Reduction by Focusing on Safety.

Logistics 191

Logistics Lean Third Party Logistics Reverse Logistics 191

Cerasis

FEBRUARY 15, 2018

With the rise of e-commerce, the value of logistics has grown. Logistics professionals can no longer simply go about standard operations, and the days of peaks and lulls have ended. To answer that question, let us turn our attention to some of the key top logistics trends we’ll see over the next 12 months, in part as a response to the growing customer experience movement. The Top Logistics Trends that Will Impact Logistics Management in 2018. Logistics Trends

Trends 202

Trends Logistics Third Party Logistics Packaging 202

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. Just like streaming replaced that iPod as a better way of listening to music, ocean freight procurement now has a better way. But Does Fixed Ocean Price Procurement Need Fixing? Remember iPods?

Freight 120

Freight Procurement Survey Cargo 120

Cerasis

APRIL 5, 2017

With the added pressure to lower costs to end-users, your customers, it’s no surprise that the need for increased scrutiny and cost reductions among inbound logistics partners, your vendors, has gone rogue. Some cite a lack of visibility or lack of control for reasons to not manage inbound logistics, and while proponents of “increased visibility” argue more information begets more effective inbound logistics strategy, its meaning gets lost in the murky waters of the internet.

Logistics 160

Logistics Metrics Third Party Logistics Freight 160

Cerasis

APRIL 7, 2017

Most transportation costs in a company arise from inbound logistics cost. If other words, the costs associated with transportation of items from vendors make up the biggest portion of will transportation costs, reports Amy Roach Partridge of Inbound Logistics. Part of the problem lies in misconceptions around inbound logistics, including manual, data-intense processes and added stress. Reduced Procurement Inconsistencies Enhance Administrative Efficiency.

Logistics 185

Logistics Shipping Freight Inventory Management 185

Talking Logistics

OCTOBER 28, 2016

In 2012, for example, he was elected as a fellow of the Institute for Operations Research and the Management Sciences (INFORMS), where he served as chair of the Sections and Societies Subcommittee and as president of the Transportation Science and Logistics Section. Moving on to this week’s supply chain and logistics news… Uber’s Otto hauls Budweiser across Colorado in self-driving truck (Reuters). XPO Logistics Divests North American Truckload Operation to Transforce.

Colorado 138

Colorado Wisconsin Logistics Japan 138

Talking Logistics

SEPTEMBER 29, 2016

In today’s highly competitive marketplace, understanding how your company’s procurement strategy and results compare with industry peers is critical. Whether you need to inform management that your performance is superior or has improved, or identify opportunities in the procurement process to drive additional economic value – there is no better time to benchmark and bid your carrier rates than now.

Benchmarking 176

Benchmarking North America Third Party Logistics Capacity 176

Talking Logistics

OCTOBER 19, 2018

And with that, here’s the supply chain and logistics news that caught my attention this week: Powerloop, new venture from Uber, offers trailer pooling platform (CCJ). project44 and GateHouse Logistics Announce Exclusive Partnership. Odyssey Logistics & Technology Corporation Announces Intent to Acquire AFF Global Logistics. This week, Uber Freight announced a similar solution called Powerloop.

North America 73

North America Texas Italy Logistics 73

Talking Logistics

APRIL 8, 2016

Moving on, here’s the supply chain and logistics news that caught my attention this week: Trucking Stocks Tumble on Downgrade, Pricing Outlook (WSJ- sub. Descartes Showcases Logistics Technology Platform Innovations at Global User and Partner Conference. MercuryGate Launches Global, Omni-modal Freight Procurement Solution. McLeod Software Unveils New Business Process Automation Solutions for Logistics Companies.

Guinea 109

Guinea Las Vegas Los Angeles San Diego 109

Talking Logistics

AUGUST 5, 2016

Now, on to this week’s supply chain and logistics news…. TPG Capital to Acquire a Majority Stake in Leading Cloud-based Logistics Platform Transporeon. Cloud Logistics Announces Banner Results For The First Half of 2016. And we have more than enough package supply to utilize the 40 planes we’ve procured.”. Finally, as reported by Reuters, “Wal-Mart Stores has implemented a new system for scheduling workers at 650 U.S.

Seattle 109

Seattle Ohio Logistics Washington 109

Talking Logistics

NOVEMBER 9, 2018

Our Logistics Leaders for Type 1 Diabetes Cure Team raised $58,706 this season — a new record! Simply put, without your support, this audacious dream I had three years ago to form a logistics cycling team to support JDRF wouldn’t have come true. Okay, turning the corner, here’s the supply chain and logistics news that caught my attention this week: Amazon offers free shipping on all orders for the holidays (CNN). Hunt Locked in Freight Revenue Dispute (WSJ – sub.

Supply Chain Visibility 69

Supply Chain Visibility Logistics New Mexico Mexico 69

Talking Logistics

FEBRUARY 29, 2016

There was a deceleration in freight volumes during the second half of 2015 which continued into the first month of 2016. So, that tells me that the inventory situation continues to weigh on truck freight volumes. The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, dropped 0.4 percent in December from November , with December 2015 freight shipments down 2.0

Capacity 93

Capacity North America Journal America 93

Logistics Bureau

DECEMBER 9, 2019

Rob O’Byrne makes an early start with his round-up of supply chain and logistics trends that might make industry headlines in the coming year. His observations include trends in first and last-mile logistics, and the increase in SMEs entering global markets. 2020 Supply Chain and Logistics Trends: What’s Around the Corner? SMEs find it hard to identify and engage suitable logistics partners. Logistics providers, in general, are slow to respond to the needs of SMEs.

Trends 84

Trends Supply Chain Shipping Reverse Logistics 84

Supply Chain Game Changer

DECEMBER 1, 2020

According to the World Health Organization (WHO) the role of Supply Chain “is to ensure effective vaccine storage, handling, and stock management; rigorous temperature control in the cold chain; and maintenance of adequate logistics management information systems. Subscribe Here!

Distribution 66

Distribution Pharmaceutical Government eBook 66

Shipsy

JANUARY 16, 2020

Shipsy’s rate procurement software comes powered with intelligence around local charges, intelligent reference rates and multiple dashboards around cost saving and vendor participation. Experienced professional in logistics technology space and handles sales at Shipsy for Southeast Asia.

UAE 52

UAE Asia Shipping Analytics 52

Cerasis

JUNE 14, 2018

The Problem: Shippers Using LTL-Exclusive Shipping Have Minimal, If Any, Profitability in Freight Spend Shippers have been bartered with the topic of LTL shipping for years, including how to make better use of it, reduce freight spend and leverage technology. Unfortunately, the surrounding LTL shipping has resulted in an unusual problem; shippers are turning to LTL-exclusive shipments, which can significantly drive up freight spend. Freight Full Truckload

Freight 174

Freight Shipping Third Party Logistics Capacity 174

Cerasis

SEPTEMBER 17, 2015

At Cerasis we work with our shipper customers who procure items every day and have needs for inbound freight management as they secure those products from their vendors. Increasingly, as we work with procurement folks at these companies, we are hearing that technology for better communication and to create more efficiency. The Future of Procurement is Driven by Technology. In 10 years, your day-to-day job in procurement might be radically different.

Procurement 253

Procurement Survey Sourcing Security 253

Supply Chain Game Changer

NOVEMBER 26, 2018

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. The average compensation for CPOs (including Supply Chain, Procurement and Sourcing) was $263,578. The following results also include Supply Chain, Procurement and Sourcing in the same bucket: The average compensation for VPs was $208,959. Please keep in mind we’re just reporting the top-line results – the full report is available for free to ISM members. Subscribe Here!

Survey 66

Survey Food Education Video 66

Shipsy

JANUARY 16, 2020

Shipsy’s rate procurement software comes powered with intelligence around local charges, intelligent reference rates and multiple dashboards around cost saving and vendor participation. Cost Saving and Vendor Participation Reports The cost savings report gives an overview of the total negotiation that has happened across shipments and how much cost has been saved due to the mutliple bidding rounds. Discover More Data Driven Logistics Insights.

Asia 40

Asia Shipping China Analytics 40