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Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses.
However, as carbon taxes and emissions reporting requirements continue increasing, supplychain professionals face mounting pressures from inside and outside their organizations to measure and improve performance against new, nebulous sustainability metrics. Sustainability is high on the list of favorite corporate buzzwords.
Why can’t we put the same energy that we put into inventing new words, tossing around acronyms, and parading on a stage to advocate for maturity models to improve supplychains? Supplychain concepts follow hype cycles. They both exist in supplychain circles. Do we have the right narrative?
Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses.
Home No More Black Swans: The Age of SupplyChain Uncertainty Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses. Everything should be expected and planned for.
SCB Feature Report From DPW: What’s Next for AI in SupplyChain? That’s because the promise of artificial intelligence for supplychain operations is huge. It could do more to accelerate the journey of supplychain operations from the backroom to the boardroom than any other change. trillion to U.S.
The Logistics Data Challenge The logistics sector is awash with data, from shipment volumes and freight rates to sustainability metrics and supplier performance. “You really need to make [data] actionable… use it to manage your suppliers, to drive supplychain improvements. Esch cited a study by a U.S.
The global supplychain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. In March 2023, the Global SupplyChain Pressure Index fell to the lowest level since November 2008. Over the past three years, supplychain cycles shifted.
tariffs, ongoing geopolitical tensions, and looming changes to the de minimis threshold for low-value imports from China are keeping global supplychains on unstable ground. Just when shippers catch a break, the landscape shifts again, forcing procurement teams to adjust strategies in real time. tariffs are reshaping freight.
Charting the Course to Sustainable Transportation: Our Journey to a Greener Future Introduction At LogiSYM Platinum in October, 2023, t he LSCMS Shippers Council recently hosted a round table event, bringing together key players in the logistics and supplychain management sectors to discuss the pivotal theme of sustainable transportation.
The 2025 NA Gartner SupplyChain Symposium|Xpo made one thing crystal clear: AI is no longer the futureits the engine driving the transformation of todays supplychains. Companies need a comprehensive view of their supplychain network to understand how every change impacts procurement, production, and distribution.
Implementing new technologies is the top strategic priority among the 671 supplychain leaders interviewed by Blue Yonder for their 2025 SupplyChain Compass , and it is a goal they are highly confident in achieving, however, digging into the report reveals legacy technologies and data structures might hold them back in these ambitions.
But with alternative routes and plenty of excess capacity available, operations should continue reasonably well, and freight rates are unlikely to spike to extreme highs. With the other major carriers also rerouting now, it is likely freight rates will rise for Asia – N. Shipping through the Suez Canal will take more time.
Supplychains have experienced significant disruptions in the first half of 2022, from a global pandemic to wars, rising fuel costs, and a potential recession. Shippers, despite all obstacles, are expected to reduce freight spending, drive efficiency, and improve customer service every year with incremental improvements year-over-year.
Many of the world’s largest companies have committed to reaching net zero by 2050, triggering a ripple effect throughout global supplychains. For most CPG brands, indirect emissions — those that occur across the supplychain — represent the majority of their carbon footprint. Retailers are following suit.
Mary O’Connell and Joe Lynch discuss the Bloomberg of Freight. Mary is a podcast host and writer for FreightWaves , the leader in global supplychain market intelligence. Mary O’Connell is a former pricing analyst, supplychain planner, and broker/dispatcher turned creator of the newsletter and podcast Check Call.
The sixth assessment report by the Intergovernmental Panel on Climate Change (IPCC) published in August 2021 once again stressed the importance and urgency of decarbonising all sectors of the economy. Also in road freight vehicles, battery-electric or hydrogen-powered drivetrains are close to market launch.
Unfortunately, the use of full truckload shipments and expenditures have hit an all-time high, reports Kate Patrick of SupplyChain Dive. Decreasing capacity and increasing full truckload rates are expected to increase throughout 2018, reportsFreight Waves. Conducting annual procurement exercises.
For a few years now, supplychain professionals and pundits have been speculating on what the so-called “new normal” will look like. Much of this newfound optimism is attributable to a record jobs report in January – and yet we’ve seen a spate of layoffs in tech and other industries.
Shipping freight across the world is a complex matter. But what is even more complicated is freight billing and handling freight payments: what a cargo owner is initially quoted is often different from what he later is asked to pay. A 2021 Cargo Owners and freight forwarders survey, confirms this. Lack of trust.
As market volatility continues to challenge supplychains, shippers are looking for solutions to help create consistency. Capturing carrier data gives you more visibility into your freight spend and enables you to make data-driven decisions that positively impact your business. Track Carrier Performance Data. a shipment?doesn’t
The Approach to Effective FreightProcurement 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.
Better inventory management, intelligent manufacturing, flexible logistical systems, and real-time delivery controls have all been made possible by the use of artificial intelligence (AI) in the supplychain and logistics. AI in supplychain and logistics is primarily used to boost production and efficiency.
Today, we are nearing the end of the fourth quarter of corporate reporting. Self-reported projections of the ocean carriers forecast that the industry is posting over $200B in profits. Maersk, the world’s largest container shipping company, reported its best quarter in 117 years, posting a $5.9B profit for Q3 on $16.6B
RPA as it is also referred to, has the capability to transform supplychain management. For an industry that increasingly requires higher logistics pipeline velocity without sacrificing accuracy and at lower costs, RPA is a natural choice for high performing supplychain organisations. Procurement.
For shippers, understanding what’s impacting the LTL market and how it affects traditional approaches to LTL transportation management is critical to maintaining supplychain efficiency. As reported by the? freight and delivery needs. Managed Supplychain solutions. State of the LTL Market. TMS technology.
According to a global survey of over 5,000 international firms , companies are reeling from rising costs generated from tariffs to open 2025, with the overwhelming majority expecting upward pricing pressure to increase, leading to a reconsideration of supplychain strategy.
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. However, technology can change the narrative.
This is a huge step in our journey to digitalize global freight and build a more modern foundation for world trade. Crossing one million bookings annually in 2023, we’ve made significant headway in digitizing spot freight pricing and bookings, especially in air cargo.
Still, it can be just as disruptive to supplychain performance. Unlike other areas of the supplychain, fleet management lacks a structured leadership development pipeline. Without experienced managers in place, truck availability drops, repairs are delayed, and cost control becomes difficult. And when they struggle?
It took time for the situation to normalize, especially for complex products like semiconductors that require a lot of moving parts in the global supplychain. It took time for the situation to normalize, especially for complex products like semiconductors that require a lot of moving parts in the global supplychain.
Supplychain technology is a difficult, exhilarating topic to cover in detail. Supplychain managers will focus on several key supplychain technology implementations or considerations which will impact consumer spending habits, consumer-business interactions and performance measurement.
Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses.
Managing supplychain SLAs have the added complication of geographic and cultural barriers. In response, supplychains have relied on a series on defined terms for use in international SLAs, Incoterms. In response, supplychains have relied on a series on defined terms for use in international SLAs, Incoterms.
The global supplychain industry has by default, a large environmental impact, through its carbon footprint. We are committed to preparing the supplychains of the future. In addition, CEVA Logistics was also appointed by General Motors (GM) to manage its entire ventilator production supplychain in support of the U.S.
According to the State of the Global Islamic Economy Report 2020-2021 a USD 2.4 Muslim (majority) countries in Asia (such as Brunei, Indonesia, and Malaysia) and several countries in the Middle East are moving to stage 3: the halal supplychain. The result is that brand owner supplychains have different halal practices.
Cooper University Health Care Relies Upon Real-time Alerts to Improve Operations Cooper University Health Care, like most companies, struggled with their supplychain during COVID. The company bought a risk solution that provides real-time alerts to potential supply disruptions. We knew exactly what we couldn’t get.”
Driving Sustainable Growth Through SupplyChain Resilience. Every industry sector and every business across the board, in APAC and around the globe have been impacted by the Great SupplyChain Disruption over the last two years, causing a blow out of transportation costs and continuous delays at every stage of the channel.
Companies of all sizes have been capturing the value from Global SupplyChain to increase the economies of scale and scope for years. In this article, we will show you tips from worldwide experts that you can use to streamline your global supplychain operations. However, you may wonder what kind of practices really work.
SupplyChain Matters features our latest full edition of This Week in SupplyChain Management Tech , a compilation of funding, partnership and other noteworthy announcements related to supplychain technology or industry services providers. million in total revenues, a decline of 4.8
In today’s volatile global trade landscape, enterprises face ongoing pressure to optimize their supplychain operations. There are many ways an organization can cut supplychain costs. Mastering Direct Spend Management Procurement teams generally do not report to the chief supplychain officer.
Autonomy led to a complex supplychain with shipments that traveled too many miles and required too many touches across the nodes. Their IT infrastructure was also highly heterogeneous and provided no standard business processes or real-time reporting. Ultimately, they decided to work with Uber Freight.
Shippers don’t partner with LSPs just to move freight—they rely on them to orchestrate complex, responsive, and cost-efficient networks on their behalf. For clarity in this article, LSP is an umbrella term covering 3PLs, freight brokers, freight forwarders (FFWs), 4PLs—any party that both plans and executes freight on behalf of shippers.
and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. Mark McEntire is the Senior Vice President of Operations at Emerge , a freight technology firm that is reinventing freightprocurement. About Mark McEntire . Mark earned a B.S. About Emerge.
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