Chainalytics Wins Award for Delivering Sustainability-Minded Freight Procurement Strategy

CHAINalytics

The award recognizes the company’s innovative transportation procurement work for one of the world’s leading coffee manufacturers and retailers.

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.

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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. Creating more sustainable logistics is even more important for the trucking industry. While trucks have a smaller carbon footprint/kg/km than air freight, the enormous volume of truck freight explains why reducing the carbon footprint is a priority goal.

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

Cerasis

Procurement must never be an afterthought in any enterprise. Supply chain professionals must also know how they will be shipping freight. The answers to these questions lie in understanding a few of the top industrial procurement trends to expect in 2018. Companies Will Seek New Ways to Use Technology in Procurement. The global supply chain creates many challenges and opportunities in procurement. Integrated Procurement and Payment Systems Simplify the Process.

Responsible Sourcing! Making Sustainability Happen for Real!

Supply Chain Game Changer

The Green Supply Chain: True Sustainability or Just One Big Marketing Stunt? Sustainability. Unfortunately, sustainability and sustainable development are beginning to turn from green to grey, considering its ever-increasingly washed-out idealistic applications in business and society at large. Sit down 100 people and ask them, “What comes to mind you hear the word sustainability?” Businesses must serve as the champions of sustainability. Subscribe Here!

How to Lower Your Ocean Freight Costs!

Supply Chain Game Changer

Do You Have Hidden Freight Costs? Ocean freight article and permission to publish here provided by Katherine Barrios at xeneta.com. Freight forwarders and shippers/BCO s are on a constant quest to have a better understanding of their ocean freight costs and ultimately have larger margins. Freight costs are considered by many forwarders and shippers to be a major part of their total shipment cost. Here are 15 tips for lowering ocean freight costs.

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Procurement Challenges Condensed

Claritum

Claritum Article - Procurement Blog. I took on the challenge of writing a condensed version of all the current Procurement challenges. I believe the issue with these articles is the broad range encompassed by the word Procurement and the constant change within this domain. To my mind, your challenges depend on where you are in transformational change within your organisation, the scope of your function within Procurement and the nature of the organisation’s supply chain.

Five Technology Trends That Will Change Global Freight

Freightos

Five Tech Trends That Will Change Freight. Increasingly they are running procurement and logistics departments. VC ❤️ Freight Startups. In a decade’s time, freight will likely still be moved in containers and boxes on airplanes and ships. The real potential for change lies in better movement of the data that moves the freight, a sentiment echoed by DHL Supply Chain’s Head of Innovation. Moving data better means moving freight better.

Easier than reducing carbon footprint – 5 Steps to make a dent in the Huge and Hidden Cost of CPG Sustainability

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.

Purolator wins Third-Party Logistics Sustainability Award for its work with Echo Global Logistics

Supply Chain Network

Purolator, Canada’s leading integrated freight and parcel solutions provider, is pleased to announce that it was recently awarded Logistics Quarterly’s 2011 Third-Party Logistics (3PL) Sustainability Award for demonstrating leadership in sustainable supply chain practices. Purolator received the prestigious award at Logistics Quarterly’s Sustainability Study and Awards Symposium held in Toronto on July 14.

How Freight Disrupted Itself: The View From Within A Changing Industry

Freightos

How Freight Disrupted Itself. In the last year, a new dynamic has begun to reshape the freight industry. Phil knows his (freight) stuff. In his PhD thesis he developed a product to secure ocean freight rates with financial derivatives. Declining Freight Rates. Phil adds that something else has contributed to declining freight rates. Knowledge is power, and this knowledge is keeping freight rates at low levels. It’s not just freight rates.

Supply Chain And Logistics Trends That Could Be Big In 2020

Logistics Bureau

Firstly, many companies are reaching more advanced levels of maturity in sustainability and greening the supply chain. Meanwhile, more third-party agencies and organisations, including governments, are pushing the sustainability agenda. According to the Shipa Freight report, the primary challenges faced by internationalizing SMEs, from a shipping perspective, are as follows: International shipping costs are too high, and cost-visibility is inadequate.

10 Vital Supply Chain Lessons from the Coronavirus Pandemic!

Supply Chain Game Changer

Total cost of ownership (TCO) is a Procurement sourcing methodology which entails taking into account all aspects of doing business with a supplier, not just unit costs. Recycling, reclamation and refurbishment are more than just good things to do to protect the environment and promote proper sustainability stewardship. Freight and Logistics Procurement Strategy Supply Chain Management Disaster RecoverySubscribe Here! Email Address.

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Achieving Sustained Transportation Savings: Practical Advice for C-Level Executives

Talking Logistics

But while there are many paths to achieving transportation savings — everything from taking a smarter approach to procurement to building loads and optimizing routes more effectively — what many companies continue to struggle with is sustaining those savings in year two, year three, and beyond. What is the main roadblock to achieving sustained transportation savings? In another example, Regan was at a company that had over 20 people in charge of booking freight.

Supply Chain Risk Management is a Cirque Du Soleil Calibre Act!

Supply Chain Game Changer

Their Sales teams will want to pad forecasts and hedge demand but their Procurement teams will want to give you forecasts that they are more confident in. As the saying goes “With great power comes great responsibility” Procurement integrity is absolutely essential. Sustainability. A major element of the Supply Chain is ensuring Sustainability. supplychainmanagement #riskmanagement #procurement #logisticsmanagement. Subscribe Here! Email Address.

The Disintermediation of the Supply Chain!

Supply Chain Game Changer

Invariably those metrics include cost reduction, productivity improvement, delivery performance, lead time reduction, asset velocity, cash flow improvement, customer satisfaction, revenue growth and enablement, competitiveness, environmental protection and sustainability, and product return rates and reverse logistics. Business Process Optimization Freight and Logistics Lean Process Improvement Procurement Supply Chain Management Productivity improvementSubscribe Here!

How Green Shipping Can Enhance Your Business’s Sustainability Quotient

Freightera

This rise in demand and supply of goods also calls for an added focus towards sustainable shipping practices to ensure the environment doesn’t get affected by it all. Why We Need Sustainable Shipping? First and foremost, sustainable shipping is the key to securing procurement contracts at some of the world’s largest retailers. Lastly, sustainable shipping practices also offer financial relief. How Can I Make My Shipping Practices More Sustainable?

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. Extreme weather represents one of the most significant risks to ocean freight on the globe. Ecological responsibility and sustainable practices are both forms of social responsibility, and as more laws are passed governing the environment, ocean freight carriers will come under greater scrutiny, says Dave Blanchard of Industry Week.

5 Ways a TMS Can Help You “Go Green”

Talking Logistics

In recent years, businesses and consumers across the country have demonstrated that sustainability matters – both in terms of what they buy and how vendors are selected. based companies have a supplier sustainability scorecard that they may use in their purchasing decisions, and another 23% are developing one. Regardless of whether your freight is moving on your assets or someone else’s, strategic route planning can result in fewer miles driven and less emissions.

6 Trends to Make Supply Chain Managers the Heroes of Their Company!

Supply Chain Game Changer

Sustainable Practices Will Be a Leading Focus of Supply Chain Executives. Supply chain executives will also increase focus on sustainable practices, reducing waste and improving efficiency throughout the entire supply chain. Logistics #Freight #SCM #SupplyChain #Business #Leadership #HumanResources. Guest Blog Post Human Resources Procurement Supply Chain Management Business Freight HumanResources Leadership Logistics SCM supplychainSubscribe Here!

Challenges and possible solutions for local seafood supply chains

Supply Chain View from the Field

Contracts and investments will be needed to drive standard pricing, and to ensure access to freight and other equipment. Food Supply Chains Local Food Systems Procurement Sustainability Supply Chain Economics Supply Chain Management Supply chain Relationships Sustainability Professor Gary Bullen and SCRC Research Scholar Jessica Newsome spoke in my Local Seafood class this afternoon.

6 Trends to Make Supply Chain Managers the Heroes of Their Company!

Supply Chain Game Changer

Sustainable Practices Will Be a Leading Focus of Supply Chain Executives. Supply chain executives will also increase focus on sustainable practices, reducing waste and improving efficiency throughout the entire supply chain. Logistics #Freight #SCM #SupplyChain #Business #Leadership #HumanResources. Guest Blog Post Human Resources Procurement Supply Chain Management Business Freight HumanResources Leadership Logistics SCM supplychainSubscribe Here!

7 Essential Attributes of Strategic Supplier Partnerships!

Supply Chain Game Changer

Whether the phrase refers to sourcing, procurement, relationships, or other matters, its use is prevalent. Corporate social responsibility, employee/labor relationships, sustainability, and other factors are part of each company’s values. Leadership #Business #SCM #SupplyChain #Procurement #Purchasing. Freight and Logistics Guest Blog Post Procurement Supply Chain Management Business Leadership Purchasing SCM supplychainSubscribe Here! Email Address.

Seasoned Leadership in Action™ – An Interview with Bronwen Hann, President at Argentus

Supply Chain Game Changer

We’ve built a peerless network in the areas of Procurement, Logistics, Change Management, Strategic Sourcing, Planning, and other functional areas in Supply Chain. We recognized the emergence of contingent staffing (contract) within Procurement and Supply Chain several years before a few others, and expanded our business to service that area. I think the world is confronting tremendous challenges in terms of sustainability. Subscribe Here! Email Address.

A Strategy for Shippers When Markets Telegraph Lower Freight Rates

Supply Chain Collaborator

When broader market rates for truckload freight change significantly, shippers can find themselves paying prices for shipments well outside of what current market rates should dictate. This is particularly true when market rates fall after a period of sustained high pricing. It would seem, shippers are currently experiencing this situation today as the markets telegraph lower freight rates.

Airfreight Forwarders and Carriers Prepare for Holiday Season

Logistics Trends and Insights

Robinson, air freight pricing has increased between China and the U.S. Panalpina, DHL Global Forwarding and Flexport are among forwarders that have added additional air freight capacity this year. Panalpina has procured extra flights for its charter operation while DHL Global Forwarding announced earlier this year that it would deploy a second dedicated Boeing 747-400F — ACMI-leased through Atlas Air — to connect the US, Europe and Asia. Air Cargo air freight airfreight

IMO 2020 is Here. Are You Ready?

Supply Chain Game Changer

This regulation will be implemented from 1st January 2020 and it is a major step towards Sustainability. Under this regime, the primary responsible party in the freight market will be the vessel owner or operator. This has been done to curb pollution and make the industry greener and world more sustainable. will also need to update freight tariffs accordingly. Preparing for a New Marine Freight World. Subscribe Here! Email Address.

Are These the 5 Biggest Fallacies in Supply Chain or is it Fake News?

Supply Chain Game Changer

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. More companies are raising expectations of environmental sustainability. Some massive companies have pledged to eliminate excess waste in their supply chains entirely in the coming years, and there’s a lot of talk that sustainability helps the bottom line by improving sales and lowering costs (e.g. Argentus is a boutique recruitment firm focused on Supply Chain and Procurement.

Handfield’s Supply Chain Analytics Predictions for 2014

Supply Chain View from the Field

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Another major source of risk is the unreliability of global logistics channels, especially the challenges associated with ocean freight lines, which are becoming increasing unreliable. Procurement will play a key role in monitoring supply base conditions.

Chinese New Year: Tips to Keep Your Supply Chain Efficient! (Infographic)

Supply Chain Game Changer

Chinese New Year is just around the corner, and more and more freight companies are working on how to sustain productivity and efficiency. And this is also the time of year where freight demands shoot up, prices increase, and containers easily become full making it expensive and difficult to import. Collaborate with a Trusted Local Freight Forwarder. As your company grows, more and more reliable freight partners are merging to aid your supply chain dilemma and goals.

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Our Top 10 Blog Posts … So Far!

Supply Chain Game Changer

We discuss 9 different “Ground Rules” or behaviours that will put you on the path to creating, or sustaining a High Performance Organization (HPO). Freight and Logistics – Do you have Hidden Freight Costs? Do you have hidden Freight costs? Here we discuss many of the signs and potential areas of freight costs that may not be readily visible to you. SupplyChain #SCM #Logistics #Procurement #Freight #Technology #ECommerce #Leadership #Business.

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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.

Surviving Disruptions – an opportunity for supply chains to thrive with people and technology – LogiSYM July 2020

The Logistics & Supply Chain Management Society

A significant paradigm shift in procurement and inventory control is an emerging area of focus. The short-term strategy to build resilience, is to focus on three major elements, essential to keep freight moving. . Sustaining & Engaging Empowerment.

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Who said supply chains are boring?: IBM Goes Greener for Earth Day

Supply Chains Rock

Timed perfectly with Earth Day, IBMs procurement arm has come out with a bold effort requiring its 30,000 suppliers in 60 countries to advance their sustainability efforts. I think John says it best in this quote in the NY Times , “Ultimately, if a supplier cannot be compliant with requirements on the environment and sustainability, we’ll stop doing business with them,” he said. Public Policy & Sustainability Blog. Who said supply chains are boring?

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How Can Advanced Sourcing Help Your Business?

EC Sourcing Group

There are many terms when it comes to all levels of procurement management, which is a smaller part of the overall supply chain. Many companies and organizations have delved further, looking to tools such as advanced sourcing optimizers; to streamline this part of procurement management.