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7 Ways to Strategically Elevate Freight Procurement

Talking Logistics

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. The embodiment of this transformation is the chief procurement officer, an increasingly common title for executives that strategically source goods and services. As a strategic process, transportation procurement may still seem very tedious and challenging.

What’s the Difference Between Freight Management and Logistics Management?

Supply Chain Game Changer

In business it is not uncommon to hear the words “Logistics Management” and “Freight Management” thrown around interchangeably. What is Freight Management? But what activities are thus considered to be a part of Freight Management? Subscribe Here!

The Top 5 Reasons You Need a Transportation Sourcing Solution

Talking Logistics

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. Freight is unique.

The Transportation Supply Chain: Transportation’s Role in Supply Chain Management to Lower Total Costs

Cerasis

One of the often missing links, however, in supply chain visibility, is transportation management. We call this the transportation supply chain. What is the Transportation Supply Chain? Transportation refers to the movement of product from one location to another as it makes its way from the beginning of a supply chain to the customer’s handle. Any supply chain’s success is closely linked to the appropriate use of transportation.

The Transportation Management System Barbell

Talking Logistics

One of my supply chain and logistics predictions for this year was that the transportation management system (TMS) market will become more barbell-shaped ( mirroring what is happening in the third-party logistics industry ). “We’re

10 Tips Shippers Can Use to Reduce Costs in LTL Procurement with Better Request for Pricing Bidding

Cerasis

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

How to Plan for Common Disruptors in Ocean Freight

Talking Logistics

Peak season for ocean freight shipping is underway. That can make it difficult to meet your delivery times unless you take proactive steps now to minimize the risk in your supply chain. All of this will cause a tightening of space for ocean freight shipping.

Lean Transportation: Are you Using Lean Thinking for Transportation Management? If not, Why?

Cerasis

For shippers, culture and behavior have to change to apply Lean Transportation thinking. The “Them (company leadership) versus Us (shop floor associates)” mentality also needs to change for Lean Transportation to " WE. The 8 Rights To Achieve Lean Transportation Practices. The are the 8 Rights of Lean Transportation thinking: Right Materials, Right Quantity, Right time, Right Place, Right Source, Right Price, Right Quantity, and. Transportation takes time.

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The Do’s and Don’ts of Going to Market with Your Transportation RFP

Talking Logistics

This time of year, many shippers are reviewing and updating their transportation plan for the back half of the year and many will be considering issuing RFPs for new or changed capacity needs. I am often asked what shippers should consider (beyond the obvious of reducing cost) when deciding whether to go to market with a transportation RFP and what the associated best practices are. Only motivation is to save money on freight rates.

More Challenges for the Transportation Network: Day 2 of the SCRC Meeting

Supply Chain View from the Field

Speakers are the SCRC meeting yesterday and today continued to speak more on the topic of transportation strategy given increasing challenges in the transportation sector, and the need for an effective transportation management strategy. As opposed to increasing ports to ship massive containers of bulk items, regions like North Carolina need to think differently, and to consider new possible locations for transport-driven logistics portals statewide.

3 Requirements for Meaningful & Useful Data in Transportation & Business

Cerasis

As data in transportation becomes more abundant and readily available, the question of “ What data is available ?” If you are looking for more insights from your data in transportation, contact Cerasis to inquire about our reporting we provide to our shipper customers who use our transportation management system as an enablement tool towards transportation procurement efficiency. Business Advice Technology Transportation

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Change the Game: Take a Portfolio Management Approach to Transportation Optimization

Talking Logistics

The quest for transportation cost savings and service improvement is never ending, but many companies still take a fragmented approach to analyzing and optimizing their transportation operations. According to Brooks: Companies often make the mistake of thinking “I can’t afford 6 months or 9 months to do this transportation optimization project, so I’m going to try do it fast.

Can Sales and Procurement Ever be BFF’s?

NC State SCRC

The relationship between sales and procurement has always been a contentious one, and the idea of a friendship evolving between the two functions is laughable in the minds of many managers I’ve met with. Sales account managers accuse procurement of being purely price focused, and not recognizing the components of value. This situation does not always accrue – as there are cases where harmonious partnerships exist between sales and procurement.

The Supply Chain Game Changer Job Board!

Supply Chain Game Changer

It includes functional areas such as Procurement, Purchasing, Freight, Logistics, Planning, Material Handling, Inventory Management, Cash Flow Management, Quality Management, Diversity, Customer Support, Systems Design and Deployment, Business Process Engineering, and Business Management.

Softeon Spotlight: Transportation

Softeon

Our platform covers the complete spectrum from transportation to supply chain management, providing our clients with the agility they need to stay ahead of their competitors. Transportation Management. The procurement, planning and execution of transportation is particularly challenging given the complexity of today’s global supply chains. Transportation management also requires the examination, adjustment, and verification of freight bills to ensure their accuracy.

The Baby Supply Chain!

Supply Chain Game Changer

supply) to meet their needs. Product design, market research, supplier selection, product testing and qualification, supply and demand planning, distribution, logistics, transportation, and reverse logistics are all Supply Chain functions. Subscribe Here! Email Address.

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5 Ways to Save on Transportation By Acting Like A Big Shipper

Talking Logistics

Shippers of all sizes face the same transportation challenges and opportunities, from finding capacity to controlling costs to meeting customer service level expectations. Transportation Management Upcoming Episodes enVista transportation procurement transportion spend management

Blockchain Comes to the Freight Industry

Supply Chain Brain

Just look at some of the names that have joined the Blockchain in Transportation Alliance (BiTA) since the group’s formation last August: FedEx , BNSF Railway , C.H. Fuller, who is also chief executive officer of freight market analytics provider FreightWaves , saw the suitability of a technology that originally was created to support the trading of Bitcoin and other cryptocurrencies. For blockchain to become a viable tool for freight, commercial standards need to be put in place.

Supply Chain Predictions!

Supply Chain Game Changer

Check out Procurement Experiences, Trends and the Future! Using advanced analytics in a transportation management network to look at historical traffic patterns, you can plan a truck’s route that takes into account time delays for more accurate arrival times. Subscribe Here!

Spot Tendering: Are You Prepared for Capacity Shortfalls in Your Transportation Operation?

Supply Chain Nation

These capacity crunches, at times, force carriers not to adhere to capacity commitments with customers, resulting in companies having to go out into the market to find alternate transportation options. This typically corresponds with a more expensive transportation choice in an expedited manner. Using JDA’s Transportation Management System (TMS) , you can minimize spot market cost increases and find cheaper alternatives for uncovered loads.

Supply Chain as a Service (SCaaS)!

Supply Chain Game Changer

The 3 Pillars of Digital Procurement! You can outsource your Manufacturing, Distribution, Procurement, Logistics, Accounts Payable, Transportation Management, Systems and more. We had phenomenal, global capabilities in Logistics and Procurement. Subscribe Here!

The Million Dollar Transportation Strategy Question – When Do You Need A Multi-Carrier Parcel Solution?

BluJay Solutions

When reviewing their transportation strategy and calculating shipping budgets, they are forced to ask,“Do we want to or can we afford to be held hostage by our carrier?”. In summary, consider carriers as a central element of your transportation strategy.

Achieving Sustained Transportation Savings: Practical Advice for C-Level Executives

Talking Logistics

The quest to identify and achieve transportation cost savings is an ongoing one for transportation and logistics executives. It’s also a focus area for CEOs and CFOs because of transportation’s impact on the bottom line.

Top 10 Global Supply Chain Risks

Supply Chain Game Changer

Risk management strategies of yesteryear are ineffective in the changing landscape, and no type of transport can avoid risks. Risks exist in land, air and ocean freight. Poor grasp of hazards in your supply chain will increase freight spend and diminish brand value. Extreme weather represents one of the most significant risks to ocean freight on the globe. Someone with malicious intent could bring down entire supply chain networks and force freight rates to skyrocket.

Research in Focus: Do You Get What You Pay For in Truck Transportation?

Talking Logistics

That was one of the research questions explored by Nane Amiryan and Sharmistha Bhattacharjee, graduate students at MIT’s Center for Transportation & Logistics (MIT CTL), in a project sponsored by C.H. Research in Focus Transportation Management C.H.

6 Trends to Make Supply Chain Managers the Heroes of Their Company!

Supply Chain Game Changer

This includes flexible solutions that allow the logistics infrastructure to meet market fluctuations, and it serves as a safeguard for established companies looking for a way to stay competitive as more startups increase. Subscribe Here! Email Address.

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

Talking Logistics

While these approaches can certainly deliver a significant return on investment (ROI), other strategies that can positively impact their transportation network are often overlooked – for example, thinking more strategically about capacity. It may be time to evaluate your transportation network and approach to procurement and make the move from simply fixing logistics problems as they present themselves to a more strategic, scalable model derived from analytics and not simply rates.

Do You Know When it’s Time for a Freight Review?

Logistics Bureau

Choosing freight carriers is not the easiest of tasks, so it’s understandable why companies often overlook the need for a freight review , even when such an undertaking is long overdue. Read and Heed the Signs that Freight Review is Due. Changes in freight-rate structure.

7 Questions: How Oil and Gas Companies Can Save on Transportation

CH Robinson Transportfolio

But if you answer “yes” to any of them, you may be making common supply chain errors that can dramatically increase transportation spending. Do your suppliers pay the shipping costs for your procurement material? Do you use the same transportation method whenever you ship?

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Insights for Procuring a TMS in a Large Company

TMC

Insights for Procuring a TMS in a Large Company. Investing in a transportation management system (TMS) can be more complicated for large organizations that have to reconcile the needs of multiple business units in different geographies. Business Intelligence TMS Technology Procurement

6 More Logistics Technology Trends Enabling Success in 2018

Cerasis

However, logistics focuses expressly on the movement and storage of products, while the supply chain goes into deeper detail, including manufacturing processes, procurement, and the flow of goods. TMS Transportation Management

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Carriers, You’re in the Information-Handling Business Too (Takeaways from McLeod Software User Conference 2015)

Talking Logistics

At the recent McLeod Software User Conference , however, I delivered a keynote address to over 1,000 attendees, and most of them were carriers and transportation service providers. How do you plan for the future of transportation?

The History of Supply Chain Management! (Infographic)

Supply Chain Game Changer

In the mid 1950s, this concept was extended to transportation management with the development of intermodal containers together with ships, trains, and trucks to handle these containers. Check out Why don’t you have a TMS (Transportation Management System) Solution yet? .

Insights for Procuring a TMS in a Large Company

TMC

Investing in a transportation management system (TMS) can be more complicated for large organizations that have to reconcile the needs of multiple business units in different geographies. Having a centralized corporate procurement function already in place is valuable.

Insights for Procuring a TMS in a Large Company

TMC

Investing in a transportation management system (TMS) can be more complicated for large organizations that have to reconcile the needs of multiple business units in different geographies. Having a centralized corporate procurement function already in place is valuable. But, to be most effective, the team must have transportation expertise and its buying practices should be aligned with the company’s culture as well as the demands of its freight network.