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In a survey we conducted in October 2020, 91% of our Indago supplychain research community members, who are all supplychain executives from manufacturing, retail, and distribution companies, either Agreed or Strongly Agreed that the time had come to transform the traditional transportation procurement process.
The adoption of AI in supplychain automation is enabling companies to make more accurate decisions, reduce cycle times, and better manage complexity. AI in supplychain automation is gradually reshaping how core functions operate, particularly in procurement, warehousing, and logistics.
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.
Jack Fiedler, the vice president for digital transformation of the global supplychain at Lenovo Lenovo is ranked tenth by one leading analyst firm among a list of global companies with exceptional supplychains. We run one of the few truly hybrid supplychain networks. That has worked out well for us.
Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski
Procuringfreight can be cumbersome, time-consuming, and error-prone. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone.
For years, supplychains were engineered to be lean. Recent years have brought a series of disruptions that exposed vulnerabilities in how supplychains are designed. Recent years have brought a series of disruptions that exposed vulnerabilities in how supplychains are designed.
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.
Home Meet Freightos Procure: The Next Evolution of SHIPSTA Freightos Procure rebrands SHIPSTA, enhancing procurement with market intelligence and seamless booking within the Freightos Enterprise suite, empowering shippers to manage the entire freight lifecycle efficiently. Were raising the bar.
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.
Speaker: Adam Robinson, Director of Marketing, Cerasis
We’ll address how automation in the supplychain will provide employees with the following: More Strategic Procurement. Improved Supplier/Vendor Management (Automated buying on an e-commerce website for repeat orders, automated freight pickups for inbound delivery, automated tracking alerts).
Procuring transportation for freight is much different than any other procurement category. Transportation procurement needs to support both customer service and a company’s internal supplychain goals. The freight market is mercurial. One master of freightprocurement is Kyle Masters.
When you think of supplychain management, capabilities such as agility, responsiveness, and flexibility often come to mind. Read more The Unintended Consequences of Inconsistent FreightProcurement.
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.
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.
In 2023, shippers have an opportunity to reimagine their supplychain operations so they’re well equipped to navigate any future disruption. Download our agile procurement ebook for a guide to the tactics and tech solutions shippers are approaching to evolve their current strategies.
The Covid-19 pandemic tested the global supplychain. Like riding a bumpy road, the supplychain leader is riding the ups and downs of changing market conditions facing greater variability day-to-day. Here, based on interviews with supplychain leaders, I share lessons learned. It will not be over soon.
Most supplychain suppliers have solutions that are very similar to each other. Emerge has an interesting new platform to deal with the problems shippers are having procuring truck capacity. Carriers move shippers’ freight. The Emerge solution has attributes of different supplychain software solutions.
Home Meet Freightos Procure: The Next Evolution of SHIPSTA Freightos Procure rebrands SHIPSTA, enhancing procurement with market intelligence and seamless booking within the Freightos Enterprise suite, empowering shippers to manage the entire freight lifecycle efficiently. Were raising the bar.
Mark Baxa , John Delgado and Joe Lynch discuss supplychain shock waves: strategies for survival and success. Mark is the President and CEO of the Council of SupplyChain Management Professionals (CSCMP), a global organization dedicated to advancing the supplychain profession. He also co-leads the St.
The Freight Market Place with Dave Maddox. Dave Maddox and Joe Lynch discuss the freight market place. and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. Other past employers that Maddox has worked for are nVision Global, Transplace, National Freight, Inc.,
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.
Autonomous Freight Trucks. It is one reason experts on logistics are following the autonomous freight truck market and new approaches to freightprocurement closely. Not all experts on freight logistics are quite so optimistic that we will have fully autonomous trucks on the road by 2024 like TuSimple is claiming.
Kevin Clonch and Joe Lynch discuss Ryder’s freight market update. With a focus on Ryder’s freight brokerage group, Kevin is responsible for supporting a growing portfolio of accounts across the United States. Kevin joined Ryder in October 2015 and led Ryder’s outsourced transportation procurement activity as senior director.
Tis the season to be jolly – unless you are overwhelmed with the many tasks traditionally associated with the annual freight Request for Proposal ( RFP ) season. However, the reality is that contracted freight is actually a promise – not a binding agreement. Flexibility to schedule rate bid events based on business needs.
Andy Tomka and Joe Lynch discuss freight-tech for SMB brokers. About Andy Tomka Andy Tomka is the Vice President of Product at MVMNT, a freight-tech company that build transportation managemt systems (TMS) for SMB freight brokers. Andy is a graduate of Iowa State University’s SupplyChain Management program.
Supplychain disruptions are continuing to occur for a variety of reasons. One issue that does not get talked about as much, however, is supplychain fraud. One issue that does not get talked about as much, however, is supplychain fraud. What exactly do I mean by supplychain fraud?
Raj Subbiah and Joe Lynch discuss understanding Uber Freight. Raj is Head of Product for Uber Freight , a logistics platform built on the power of Uber with the goal to reshape global logistics and deliver reliability, flexibility and transparency for shippers and carriers. About Uber Freight. About Raj Subbiah.
Mike Wolf and Joe Lynch discuss why freight tech fails. Mike is a Client Engagement Director at JBF Consulting , a supplychain execution strategy and systems integrator for logistics-intensive companies of every size and any industry. Key Takeaways: Why Freight Tech Fails. About Mike Wolf. About JBF Consulting.
That’s a lyric from one of my favorite Oingo Boingo songs, and I think it perfectly describes the world of supplychain management — and the transportation market in particular, which has taken many turns over the past few years. Read more The post How Shippers Can Uplevel Their Real-time Transportation Procurement Strategies?
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.
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.
ARC has done research and writing on supplychain collaboration networks. A supplychain collaboration network (SCCN) is a key technology for improved collaboration across an extended supplychain. SCCN solutions provide supplychain visibility and analytics across an extended supplychain.
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.
There are a lot of words associated with supplychain management, like agility, responsiveness, and flexibility. Why is consistency important, Read more [Video] The Unintended Consequences of Inconsistent FreightProcurement.
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.
Making changes that promote effective inbound logistics management can have a significant impact on your organization’s procurement department and team members. The post How More Effective Inbound Logistics Management Improves Procurement in the SupplyChain appeared first on Transportation Management Company | Cerasis.
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.
Why Your Procurement Strategy is More Critical Now Than Ever Before In an era of global supplychain disruptions, a robust procurement strategy is no longer optionalits essential. The right procurement strategy ensures that organizations: Mitigate risks before they escalate. Loss of revenue due to stock shortages.
Also in road freight vehicles, battery-electric or hydrogen-powered drivetrains are close to market launch. Unlike their customers, usually large shippers with their own sustainability strategies and targets that often span their entire supplychain. Figure 2 provides an overview of the findings.
For a few years now, supplychain professionals and pundits have been speculating on what the so-called “new normal” will look like. Closer to home for supplychain professionals, driver shortages continue to plague the industry.
OTR freight represents a long-standing aspect of supplychain operations and transportation management. M odern transportation networks and supplychains continuously adapt to market volatility and transitions. Carrier Vetting for OTR Freight . Remote Tendering and Shipment Execution .
The Freight RFP Process is Broken – Let’s Fix It with Maggie Petrovic. Maggie Petrovic and Joe Lynch discuss the freight RFP process is broken – let’s fix it. Maggie is the Vice President of Strategic Initiatives at Emerge , a company that is Reinventing FreightProcurement. Rethinking the Freight RFP Process.
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.
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