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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. As a strategic process, transportation procurement may still seem very tedious and challenging. Be demand driven.

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This Week in Logistics News (April 2 – 8)

Logistics Viewpoints

Employees at an Amazon warehouse on New York’s Staten Island voted late last week to join a union, which is a painful defeat for the e-commerce giant that has aggressively fought unionization efforts in recent years. At the same time, the number of suppliers in China that received procurement bids declined by 9 percent in 2021.

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How Freight Disrupted Itself: The View From Within A Changing Industry

Freightos

How Freight Disrupted Itself. In the last year, a new dynamic has begun to reshape the freight industry. Phil knows his (freight) stuff. In his PhD thesis he developed a product to secure ocean freight rates with financial derivatives. Declining Freight Rates. Suddenly the freight industry is not so opaque.

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This Week in Logistics News (July 2 – 8)

Logistics Viewpoints

Although the company has not disclosed details, it is believed to be having trouble procuring parts for Bluetooth wireless communications components used in the controllers and main units as well as analog chips for controlling currents. Nintendo is having negotiations on procurement, but the outlook is uncertain.

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55 Supply Chain & Logistics Experts You Should Follow on Social

The Logistics of Logistics

Fuller is the Founder & CEO of Freightwaves, a media and intelligence platform sharing up-to-the-minute news, commentary, and data analysis on the freight forwarding industry. . Good serves as an advisor, consultant, influencer, and evangelist for all things procurement. freight agents. . Twitter: @FreightAlley.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. At the end of 2021, ocean freight rates were more than three times what they were throughout 2020. In November 2021, global air freight traffic (measured in tonne-kilometres) saw a 3.7% New York Times).

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Supply Chain Risk Report: Ukraine-Russia Conflict

Resilinc

But the risk of war is already impacting supply chains, and an invasion of Ukraine by Russia would trigger extensive and enduring disruptions which supply chain and procurement managers should assess and prepare for. Russia produces about 12% of the world’s oil and is Europe’s largest natural gas supplier.

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