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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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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.

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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. Freight procurement is the mainstay of any supply chain professional but price is not the be-all and end-all.

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How the Covid-19 Crisis is Moving the Shipping Industry Towards a Spot Driven Rate Procurement Model and Reduce Cost through Shipsy’s Inquiry Module

Shipsy

The spread of the novel coronavirus causing COVID-19 is affecting the shipping industry in unprecedented ways. As a large number of containers are stuck in transshipment and countries have put restrictions on movement of ships to contain the spread of the virus, it has lead to a mismatch in the demand and supply in the market.

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After Denmark’s closed shipping strait, organisations must prepare for the next defence-related disruption

IT Supply Chain

By Alex Saric (pictured) Smart Procurement Expert at Ivalua The post After Denmark’s closed shipping strait, organisations must prepare for the next defence-related disruption appeared first on IT Supply Chain.

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Realities Impact the Global Ocean Container Industry

Supply Chain Matters

Supply Chain Matters provides highlights of the realities of higher number of vessels among global ocean container shipping lines meeting contracting shipping demand levels that are now leading to headcount and schedule reductions. Background Ocean container shipping and logistics are the lifeblood of global supply chain movements.

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A Long Road Ahead for Procurement Professionals Managing Their Supply Chains

ModusLink Corporation

Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. Consider global container shipping rates. Ocean shipping rates will remain high and unpredictable until the end of 2023, compared to pre-pandemic years, so shippers need to adjust and find new ways to succeed.