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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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Rethinking the Freight RFP Process

The Logistics of Logistics

Rethinking the Freight RFP Process. Once a year, shippers and carriers begin the arduous freight RFP process, when shippers send out request for pricing (or proposal) for contract rates to their list of trucking companies. It is why many companies are rethinking the freight RFP process. Step 4 – Receive and Organize the Quotes.

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Unlocking Logistics Profits with Matt McKinney

The Logistics of Logistics

Matt is the Co-founder and CEO of Loop , a modern transportation audit & pay company. About Matt McKinney Matt Mckinney is the Co-founder and CEO of Loop, a modern transportation audit & pay company. We improve transportation spend visibility so companies can control their costs and power profit.

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FedEx Partners for Visibility, New CEO Focuses on Quality

Intelligent Audit

While focusing on revenue quality and minimizing operational costs, an article by Supply Chain Dive noted that the parcel giant may even allow further collaboration between FedEx Express and FedEx Ground which have been historically separate until 2020. German-Based Transportation Company DB Schenker Announces the Acquisition of USA Truck.

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Supply Chain Normalcy? Think Again.

Supply Chain Shaman

Yes, we have achieved greater normalcy in transportation. As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. The ride is uphill, but the visibility is low.

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Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP. The focus of the transportation suites was on cost mitigation and price negotiation. Procurement: Purchase price variance and procurement cost.

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Procurement and supply chain executives are struggling in the current environment of high inflation and missed deliveries.

NC State SCRC

The report was published in the last month, and reflects some of the increasing challenges and disparities that exist between procurement and supply chain executives. One of the problems that often emerges in organizations is not only misalignment between procurement and supply chain, but also between senior executives and their managers.