Remove Freight Remove Procurement Remove Shipping Remove Sourcing

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.

Ocean Freight Procurement and Going with the Stream

Freightos

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. Remember iPods?

Freight Procurement Solutions Are Transforming Supply Chains

Jaggaer

Why You Should Consider Freight Procurement Sourcing Solution. Procuring raw materials or finished goods is one thing, but the processing of moving those goods from one place to another brings its own set of challenges. Whether you’re in charge of ordering the “things” or managing how and where those things get from A to B, both sides of the procurement equation stand to benefit from freight procurement automation. The Challenges of Freight.

How Retailers Can Use Supply Chain Technology to Get Ahead

CH Robinson Transportfolio

Robinson, dedicate their entire work to analyzing the opportunities and gaps in ordering, shipping, transportation, and receiving for companies large and small. Orders of varying quantities can be consolidated automatically to optimize freight, timelines, and cost.

How Retailers Can Use Supply Chain Technology to Get Ahead

CH Robinson Transportfolio

Robinson, dedicate their entire work to analyzing the opportunities and gaps in ordering, shipping, transportation, and receiving for companies large and small. Orders of varying quantities can be consolidated automatically to optimize freight, timelines, and cost.

Freight Consolidation for Full Truckload: The Hidden Gem of Full Truckload Shipping

Cerasis

Full truckload shipping is generally less expensive than other over the road transportation modes. Instead of throwing in the towel, shippers can leverage full truckload shipping to ship LTL shipments in the back of a full-size van or trailer. 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 and Logistics – Breaking the Traffic Jam that is your Supply Chain!

Supply Chain Game Changer

And we were still weeks away from being able to ship product to stores to relieve the pressure. You may also be able to have your Suppliers drop ship products directly to your customers. And if necessary you may want to dual source some of your supply with more than one supplier.

Moving Up The Corporate Ladder, Does Your Freight Spend Have A Seat At The Table?

4WL Consulting

There’s been a shift from executing daily freight transactions to integrating top-level corporate planning and procurement strategies. Both Large and Mid-sized shipping companies rely on procurement personnel.

Importing From China! The Essential Guide! (Video)

Supply Chain Game Changer

This indispensable guide offers a helpful run-down of product selection, sourcing suppliers, shipping, and more. China #Import #Export #Logistics #SupplyChain #SCM #Freight. Subscribe Here! Email Address.

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Multimodal 2015 – Advanced Supply Chain Management and Logistics for Cargo Owners

Supply Chain Movement

Entering its eighth year, Multimodal has grown to become the UK and Ireland’s premier freight transport and logistics event. It is this ability to present the entire freight transport and logistics supply chain under one roof that makes Multimodal the go-to event for shippers, importers, exporters, manufacturers, wholesalers, retailers – all seeking ways to run a slicker supply chain. Multimodal 2015. Date: 28 – 30 April 2014. Venue: NEC Birmingham. Organiser: Clarion Events.

Top 10 Global Supply Chain Risks

Supply Chain Game Changer

Risks exist in land, air and ocean freight. Poor grasp of hazards in your supply chain will increase freight spend and diminish brand value. For instance, the bankruptcy of South Korea’s 7th largest shipping company (Hanjin Shipping) led to a dramatic reduction in global supply chain shipping capacity. Extreme weather represents one of the most significant risks to ocean freight on the globe. Know the top risks in global freight management.

It’s Time to Welcome The Supply Chain CEO!

Supply Chain Game Changer

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Whereas different Supply Chain functions used to be siloed (planning, operations, procurement, etc.), Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Subscribe Here!

What Exactly is Blockchain? And How Does it Work? (Infographic)

Supply Chain Game Changer

Source: [link]. Source: Wikipedia [link]. Source: [link]. Source: [link]. ” Source: [link]. Source: [link]. And Maersk has now teamed up with IBM on a new blockchain-based electronic shipping platform. ” Source: [link].

The Data Behind Amazon’s Logistics and Fulfillment Play

Freightos

Not even B2B is spared from these changing expectations (which is why we at Freightos launched an online freight marketplace ). In other words, if your shipping your own goods, you’re competition. Let’s Talk About Boats, Ships, and Trucks. Source: Amazon.com.

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Why We Bought Freightquote

CH Robinson Transportfolio

Many of Freightquote’s 80,000 customers are small businesses or consumers with irregular shipping patterns. Most do not have the deep infrastructure to source transportation services in a multitude of lanes. Ecommerce is going to be a bigger part of future supply chain services.

Global TMS: An Always-Evolving Roadmap

Talking Logistics

This complexity is certainly evident in global logistics and ocean shipping, where shippers encounter many barriers to enabling a streamlined process, including: Inefficient Processes : A lot of shippers resort to manual processes to procure capacity and communicate shipment details with the many parties involved in ocean movements. Freight Audit and Settlement : Manual processing of ocean invoices leads to inaccuracies and delays.

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How Blockchain Could Create the 'Autonomous Container'

Supply Chain Brain

There’s nothing new, for example, about a carrier’s ability to monitor the interior temperature and humidity of a shipping container while in transit. The technology features chips that monitor temperature and humidity within a 500-meter range of an air-freight container. Ettl says that drawback can be addressed through the use of Hyperledger , an open-sourced collaborative effort to develop blockchain technologies across industries.

Experts Choice Of Top Online Logistics Resources

Freightos

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. is one of the industry’s most respected logistics sources. Shipping Gazette Daily News.

What’s Looming for Transpacific Ocean Shipments this Peak Season?

CH Robinson Transportfolio

Reoccurring events—like the holiday season—used to provide some level of predictability to ocean shipping trends in the transpacific eastbound (TPEB) trade lane. Normally, we see a rush in ocean shipping just before the Chinese New Year (CNY). Procure enough capacity.

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

Talking Logistics

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. Don’t view procurement as a tactical, routine annual exercise that must be completed quickly in order to meet your current customer demand at the lowest possible cost.

Last Mile Delivery Explained! (Infographic)

Supply Chain Game Changer

Gone are the days when customers would have to bring their parcels to the post office to have them shipped. Sources for statistics: Forrester. Selected as one of the Top 75 Supply Chain Blogs, and one of the Top 25 Procurement Blogs, on the Internet. Subscribe Here!

McDonald’s Supply Chain Challenge: Switching from Frozen to Fresh Burgers!

Supply Chain Game Changer

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. The flexibility required for an on-the-fly revamp of sourcing and distribution to over 14,000 stores shouldn’t be underestimated. Subscribe Here! Email Address.

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TMS Delivers on NASSTRAC’s Five Common Sense Suggestions for Shippers

Supply Chain Collaborator

The hard-hitting new report from the National Shippers Strategic Transportation Council (NASSTRAC) is titled, “ Logistics 2030: Navigating a Disruptive Decade, Year 1 – Freight Transportation ” and it is full of powerful conclusions about what shippers are facing in the coming decade as the pace of technological advancement and change continues to accelerate. Using the historic shipping data captured in a TMS, shippers can make data-driven, predictive plans.

Experts Unfold Top Supply Chain Technology to Watch

Supply Chain Opz

Consider the following – all in one integrated solution: - full functionality SaaS TMS operational in large scale in all major global regions - a fully integrated global network of carriers across all modes - seamless integration to global trade compliance - automated customs documentation and filing; and - all of this deployed via a SaaS/Cloud solution 80+% of your global carriers and freight forwarders are already in the network. Business environment changes quickly.

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

Cerasis

Everything from sourcing raw materials, manufacturing, to the sales channels which feed supply for a finished product are essential factors. This requires a new broad look at the business of transportation supply chain, including supply chain management, logistics, & procurement. Freight transportation costs in the United States amount to about 6% of the GDP, which means that a large portion of a company’s supply chain costs come from transportation.

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

Talking Logistics

I answered that question by focusing on three trends in the spotlight today — 3D printing, driverless trucks, and drones — and how they might impact WHAT is shipped, WHERE it’s shipped to and from, and HOW it’s shipped.

28 supply chain professionals share the biggest challenges of supply chain management

6 River Systems

Our supply chain involves a contract manufacturer, a third-party testing facility, warehouses to store inventory and a freighting company. For example, a certain product is ready to be shipped from the manufacturing facility. Freight capacity — how long will equilibrium last?

Why Blockchain Within The Supply Chain Makes Perfect Sense

Cerasis

Instead of having to deal with an ineffective point-to-point communication system like EDI and the complexity of reconciling multiple data sources with multiple permission models, Distributed Ledger Technology (DLT) provides a singular mechanism to securely integrate, harmonize, and synchronize data for all participants. Source ] Blockchain can help mitigate these losses and their associated disputes.

Intelleflex Announces Cellular, GPS-equipped RFID Reader & Cloud-based ZEST™ Data Services Platform

Supply Chain Network

In the majority of today’s cold-chain operations, data from condition monitoring is either nonexistent or requires hours or days to procure – making it inactionable.

Five Ways to Be a Shipper of Choice: Lessening Capacity Crunch Impact with a TMS

Talking Logistics

Research done by DAT Solutions, a spot freight marketplace, reports that as many as 32 percent of drivers experience delays of more than two hours at one stop. One of the most basic functions of a typical TMS is planning, routing, and executing shipping orders. With visibility and connectivity throughout your system, you will not keep carriers waiting or have long lines of trucks causing congestion in your shipping area.

8 key benefits of effective supply chain management

6 River Systems

Data-driven SCM provides visibility from end to end for monitoring the flow of information, services and goods from procurement to manufacturing and delivery to the end consumer. Due to rising costs, shipping optimization is a priority for supply chain leaders.

Sustainable Logistics: Quantifying Sustainability Measures of Your Logistics

Cerasis

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. According to the American Trucking Association, in the USA trucks move 11 billion tons of freight each year; deliver 100 percent of all consumer products and 70 percent of all freight tonnage; and deliver to the 80 percent of U.S.

5 Global Transportation Themes to Look Out for in 2015

Talking Logistics

This will be possible through a platform approach to transportation management that delivers a unified control structure, and drives savings by aggregating sourcing volumes and optimizing end-to-end transportation. Unlike an isolated transportation management approach, orders and supplier ready-to-ship details are used in planning and executing transportation moves, creating a unique linkage of transportation data with what is generally considered non-transportation data.

Logistics Cost Reduction: 6 Focuses to Create More Profit

Cerasis

Product slotting , or having top demand SKUs near shipping, will reduce the cost of picking and put away. A Transportation Management System (TMS) optimizes freight to utilize the most effective lanes and routes.

[INFOGRAPHIC] Interesting Facts & Financial Breakdown of the Global Logistics Market

Cerasis

Efficient logistics is an important determinant of a country’s competitiveness and source of employment. It is also defined as the procurement, maintenance, distribution, and replacement of personnel and material. For example, a manufacturing partner might be able to buy materials at a bulk rate or a 3PL provider could access reliable truckload freight contractors you cannot. This infographic comes to us from freightXtension who are experts in cross-border shipping.

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