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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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How Freight & Transportation Data Can Trim Your Transportation Spend

GlobalTranz

When you want to drive down your logistics and transportation spend, the very first thing that you need is freight and transportation data. Luckily, this isn’t the case for transportation data. With the services of a trusted 3PL and a good transportation management system (TMS), you can glean an abundance of data around activities and practices related to your transportation department. Accurate freight and transportation data is particularly important.

Montreal-based ENERGY Transportation Group opens Chattanooga office

The Supply Chain Journal

On Tuesday , ENERGY Transportation Group, an asset-based third-party logistics firm headquartered in Montreal, announced the opening of its brokerage division in Chattanooga, Tennessee, furthering its penetration into the North American transportation ecosystem.

Sustainable Logistics: Quantifying Sustainability Measures of Your Logistics

GlobalTranz

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.

How a 3PL Empowers Shippers With LTL Transportation Stability

GlobalTranz

No carrier or mode has been excluded from the increased demand of e-commerce and a customer base that’s anxious for a return to normalcy, including the LTL transportation sector. How Can a 3PL Help Shippers Manage LTL Transportation Proactively. freight and delivery needs.

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CPG Manufacturer and Retailer Grows Closer to Sustainability Through Truckload Procurement

CHAINalytics

Freight transportation and its resulting carbon emissions have come sharply into focus as companies progress towards environmental sustainability. Blog Feature Transportation CO2 emissions CPG Manufacturer freight transportation procurement Sustainability Truckload

Why a green company culture is the key to corporate sustainability

The Supply Chain Journal

Whether you’re a large or small business, embarking on the quest for sustainability might feel overwhelming if your operations have been less than planet-friendly in the past. Laying a foundation of sustainability in your work culture. Set corporate sustainability goals.

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. 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.

10 Ways Effective Transportation Management Drives Competitive Advantage

GlobalTranz

Transportation management is no longer a tactical approach to simply moving freight and doing it at the lowest possible cost. There are several factors that exist today that are forcing shippers to use even more resources, which distract from their core competencies , in order to have a strategic and much more nuanced, complex transportation management practice. 10 Tips to Remain Competitive and Have an Effective Transportation Management Strategy.

Lean Transportation: Are you Using Lean Thinking for Transportation Management? If not, Why?

GlobalTranz

For shippers, culture and behavior have to change to apply Lean Transportation thinking. The “Them (company leadership) versus Us (shop floor associates)” mentality also needs to change for Lean Transportation to " WE. The 8 Rights To Achieve Lean Transportation Practices. The are the 8 Rights of Lean Transportation thinking: Right Materials, Right Quantity, Right time, Right Place, Right Source, Right Price, Right Quantity, and. Transportation takes time.

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The Top 5 Transportation Management Blogs of 2016 …So Far

GlobalTranz

Today, we wrap up our series on the top 5 blogs in our 4 main categories ( Freight , Manufacturing , Logistics , and Supply Chain ). Today's post will cover the top 5 Transportation Management blogs from 2016 so far. Top Transportation Management Blogs from the First Half of 2016 So Far. The transportation management blogs category most top viewed blog posts from the first half of 2016 included several elements of the transportation management.

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 costs are considered by many forwarders and shippers to be a major part of their total shipment cost. Subscribe Here! Email Address.

[e-Book] How To Shift From Tactical To Strategic Logistics and Transportation Management To Create A Competitive Advantage

GlobalTranz

We release our second e-book today by focusing on strategic logistics and transportation management creates a competitive business advantage for shippers. Transportation management is no longer a tactical approach to simply moving freight and doing it at the lowest possible cost. This is especially relevant for third-party logistics and transportation management service providers, whose service fee is based on reducing cost and streamlining the shipper’s supply chain.

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

Talking Logistics

The quest to identify and achieve transportation cost savings is an ongoing one for transportation and logistics executives. It’s also a focus area for CEOs and CFOs because of transportation’s impact on the bottom line. What is the main roadblock to achieving sustained transportation savings? I can give you countless examples of how this impacts transportation costs.”.

CSOs get a seat at the C-suite table

The Supply Chain Journal

Chief sustainability officers (CSOs) are popping up in corporate boardrooms worldwide as the importance of sustainability grows clearer to consumers, investors and businesses. NS was one of the first in the transportation industry to appoint a CSO in 2007, Raglin said.

Five Technology Trends That Will Change Global Freight

Freightos

Five Tech Trends That Will Change Freight. Elon Musk’s concept of the hyperloop promises 700 mph transportation between major US cities. Musk already has experience with transportation innovation; reinventing the electric car with Tesla, and creating reusable rockets at SpaceX. Increasingly they are running procurement and logistics departments. VC ❤️ Freight Startups. 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

GlobalTranz

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.

Salesforce tool expedites direct and indirect emissions accounting

The Supply Chain Journal

Salesforce — a software platform that makes it easy to create apps — Tuesday launched a scope 3 emissions hub, building on the Salesforce Sustainability Cloud’s existing scope 1 and scope 2 greenhouse gas (GHG) emissions tracking capabilities.

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.

We Only Have One Planet: Supply Chains Can Help Save It

Enterra Insights

” Supply Chains and Sustainability As noted above, when Earth Day began, it was viewed as a protest against a century and a half of industrial development. As a result, businesses started paying attention to sustainability.

TMS Growth: E-Commerce and Better Technology

Logistics Viewpoints

I am wrapping up my Transportation Management Systems market study which looks at the total size of the market, the forecasted growth through 2025, and the leading suppliers across a number of categories including industry, region, and customer size. A look a Sustainability.

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. One of the easiest ways to get started is by investing in a Transportation Management System (TMS).

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. It’s time to start looking ahead again.

Preview: Net-Zero Carbon Summit, April 22

The Supply Chain Journal

The transportation sector has recognized its role and is paving the way for a more sustainable future. From fuel efficiency and greenhouse gas reduction goals to hydrogen-powered aircraft and battery-electric trucks, sustainable transportation technologies are advancing every day.

Hot Freight Opinions: Reaction to Knight’s LTL move

The Supply Chain Journal

Earlier this week, Knight-Swift Transportation officially stepped into the LTL arena by acquiring AAA Cooper Transportation for $1.35 We asked FreightWaves experts to provide us their HFOs (Hot Freight Opinions) on the deal.

IMO 2020 is Here. Are You Ready?

Supply Chain Game Changer

This regulation will see the largest reduction in the Sulphur content of the transportation fuel under taken at any time in the history. This regulation will be implemented from 1st January 2020 and it is a major step towards Sustainability. Preparing for a New Marine Freight World.

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.

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. Subscribe Here! Email Address.

Top 10 Global Supply Chain Risks

Supply Chain Game Changer

Risk management strategies of yesteryear are ineffective in the changing landscape, and no type of transport can avoid risks. 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. Someone with malicious intent could bring down entire supply chain networks and force freight rates to skyrocket.

The Disintermediation of the Supply Chain!

Supply Chain Game Changer

Most definitions of disintermediation characterize it as the elimination of intermediaries, or “ cutting out the middleman “ Further consider that the “Wastes” associated with Lean thinking and principles include transportation, inventory, over production and motion amongst others. For every node of the supply chain this means that there is transportation, movement and handling, inventory, and production and over, or under production. Subscribe Here!

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. This Supply Chain mapping must also include your transportation service suppliers. Recycling, reclamation and refurbishment are more than just good things to do to protect the environment and promote proper sustainability stewardship. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

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. Today no one is ready to make these investments, and as we have stretched out the supply chain, transportation and going to mainstream markets will be an issue. Food Supply Chains Local Food Systems Procurement Sustainability Supply Chain Economics Supply Chain Management Supply chain Relationships Sustainability

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. Such providers understand domestic transportation issues, and can plan to develop long-term solutions to complex local distribution challenges. Procurement will play a key role in monitoring supply base conditions.