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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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Logistics Procurement – Performance Management

The Logistics & Supply Chain Management Society

Logistics Procurement – Performance Management by LSCMS Shippers’ Council Shortly after the outset of COVID, in early 2020, supply chains have been disrupted across the globe. Rates are now starting to stabilise and for ocean freight especially, we are seeing rates closer to pre-COVID levels.

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These 7 Industrial Procurement Trends will Impact Supply Chain & Logistics in 2018

GlobalTranz

Procurement must never be an afterthought in any enterprise. Supply chain professionals must also know how they will be shipping freight. Supply chain professionals must also know how they will be shipping freight. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018.

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Why Freight Tech Fails with Mike Wolf

The Logistics of Logistics

Mike Wolf and Joe Lynch discuss why freight tech fails. Mike has extensive experience in Transportation and Logistics from procurement through operations leadership spanning 25+ years. Mike has extensive experience in Transportation and Logistics from procurement through operations leadership spanning 25+ years. About Mike Wolf.

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Why Strategic Partnerships Enable OTR Freight Management

GlobalTranz

OTR freight represents a long-standing aspect of supply chain operations and transportation management. Th is blog post covers the critical ways strategic partnerships can help supply chain managers achieve optimal OTR management for their freight. Carrier Vetting for OTR Freight . Remote Tendering and Shipment Execution .

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Navigating Uncharted Waters: SMB Importers, 2024 and Red Sea Crisis Lessons

Freightos

The implication for global freight beyond the now typical uncertainty is predictably elevated operational costs and soaring freight rates. It converged with a trend of both airlines and ocean liners investing far more heavily in their fleets over the past fewyears. The regression in pricing wasn’t just due to lower demand.

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Flexibility in the Face of Uncertainty

Freightos

Most recently, the recent disruptions in the Red Sea that saw ocean freight rates from China to Europe by over 190% and saw transit times lengthen, sea-air services offered a strategic advantage for logistics professionals able to remain agile, by watching trends and jumping at opportunities to ensure a resilient supply chain.