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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.

This Week in Logistics News (April 4-8, 2016)

Talking Logistics

Back in December, we welcomed two new members to our family: Milo and Otis, guinea pig brothers we adopted. Our first guinea pig, Bubbles, had passed away a few weeks earlier (after bringing us much joy and laughs for over four years), so we were very excited to bring Milo and Otis home and begin a new chapter of memories. Moving on, here’s the supply chain and logistics news that caught my attention this week: Trucking Stocks Tumble on Downgrade, Pricing Outlook (WSJ- sub.

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Experts Choice Of Top Online Logistics Resources

Freightos

The Experts’ Choice of the Top Online Logistics Resources. So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were. Experts’ Choice: Supply Chain and Logistics Email Newsletters. This is the experts’ selection – but if we had to choose just one, our go-to read is the fast-rising WSJ Daily Logistics Report. Ti Logistics Briefing.

China Flexes Its Global Logistics Muscle

Material Handling & Logistics

China aims to extend its logistics reach from the Pacific to the Atlantic through its One Belt, One Road initiative. The sheer size of the country’s “One Belt, One Road” logistics initiative, for instance, calls into question the true objective of the regional infrastructure plan. The routes they build within their country, he notes, are greatly needed to transport goods domestically. I don’t think logistics is the only thing on China’s mind.

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Podcast: VC Brian Aoaeh on the Future of Supply Chain Investment

Requis

Venture capital (VC) investor, columnist and educator Brian Aoaeh is part of the new generation of investors who are unlocking the opportunities in supply chain. Brian describes himself as “obsessively enthusiastic” about supply chain, and has helped many supply chain professionals connect and find synergies as the co-founder and organizer of the New York Supply Chain Meet Up and the Worldwide Supply Chain Federation.

The 5 Levels of Supply Chain Transparency!

Supply Chain Game Changer

For this reason, I thought it’d be a fun exercise to put a new name on supply chain transparency, rather than a typical sweeping-generalized definition. New York University’s Stern Center for Business and Human Rights published a report in 2017, which displayed just how damaging branded supply chain transparency can be for the business world. from the comfort of your headquarters ( New 2010 ). Subscribe Here! Email Address.

Letter from the CEO: Coronavirus Market Update

Transplace

Transplace is closely monitoring the outbreak and the impact the reaction is having on the transportation market. Toward that end, we would like to provide you with four types of updates: 1) what we are seeing in the transportation marketplace, 2) what our customers are experiencing, 3) some best practices we recommend with regard to bidding, and 4) the actions we are taking to protect our employees and community. Letter from the CEO: Coronavirus Market Update.

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

Freightos

In the last year, a new dynamic has begun to reshape the freight industry. And until recently, he was an archtypical “insider”, an executive at one of the world’s largest and most respected forwarders, DB Schenker, where he was responsible for the New York market. Prior to that, Phil held a variety of other logistics roles in both Germany and the United States. Supply chain volatility, increased procurement vendors, agile manufacturing and an on-demand economy.

This Week in Logistics News (April 29 – May 3, 2019)

Talking Logistics

I received a few questions yesterday about Indago , our new market research community for supply chain practitioners that benefits charities. Indago is a Latin word that means “to investigate, search out, try to find/procure by seeking.”. Moving on, here’s the supply chain and logistics news that caught my attention this week: Amazon’s Freight Push Rattles Logistics Sector (WSJ – sub.

Why investors are looking at supply chain technologies in 2020

Requis

Insiders joke (quite fairly, as it turns out) about billion-dollar procurement-management-disposition cycles that are managed in spreadsheets. You can start with things like logistics, and see how much things have changed in just the past five years.

$1.9 Trillion warehouse market growing strongly driven by emerging markets

EFT

The global market for warehousing is currently growing at a Compound Annual Growth Rate (CAGR) of 6 – 8%, according to Beroe Inc, a procurement intelligence firm. The union of warehouse management systems with TMS ( transportation management system) and LMS (learning management system) will increase communication and planning for companies with the use of real-time data transmission across various platforms.

Letter from the CEO: Market Update April 2, 2020

Transplace

We are pleased to provide another transportation market update for you this week. On a personal note, I am humbled by the unwavering commitment of those in logistics that continue to deliver essential products to store shelves, hospitals, and other critical locations. Below, we are showing two charts based on data from our the Transplace logistics platform. New CLP and CDL issuance / testing restrictions. Business - Transportation

Mitigating the Impact of the Coronavirus on Supply Chains with Machine Learning and Real-Time Visibility

Supply Chain Nation

A New York Times article from August 2019 highlights how much artificial intelligence (AI) is indebted to humans. Because the virus is so new and there is very little historical data, Blue Yonder’s data science team is very busy feeding data into the AI-driven control tower to help visualize and predict current and future impacts of the coronavirus. That is because lots and lots of people are needed to help an AI system learn so that it can eventually act on its own.

Smart Supply Chains Adapt to Overcome COVID-19 Challenges

Logistics Bureau

Almost 75 percent of US companies are experiencing capacity shortfalls in their supply chains, due to Coronavirus-linked transport disruptions , a new study has shown. Those that look for new marketing opportunities despite the brittle trading conditions. Indeed, the use of drones to deliver medical supplies and transport medical samples for analysis is fast gaining pace in the beleaguered country.

The Top Logistics and Supply Chain Journalists & Thought Leaders to Know for 2020

Shipchain

That’s why we’ve created this list of the top logistics and supply chain journalists and thought leaders that we follow and suggest you check out in 2020. . Top Logistics & Supply Chain Journalists & Thought Leaders We Follow. David “Dave” Blanchard is the Senior Director of Content at EHS Today and Material Handling and Logistics. Steve Banker is the Vice president of Supply Chain Management at ARC Advisory Group and co-author of Logistics Viewpoints.

Supply Chain Alone Can’t Solve Sustainability But it Has a Part to Play!

Supply Chain Game Changer

climate summit convened in New York. It saw leaders from around the world pledging new initiatives to address the ongoing climate crisis, including a $60 Billion renewable energy commitment from Germany, and 15 countries including Britain, Norway and Costa Rica pledging to achieve net-zero emissions by 2050. It’s also poised to deliver those changes in a way that will provide value to business, instead of becoming a new cost centre. Subscribe Here! Email Address.

Warehousing, the Rise of IT, Automation, and Now… Robotics

Logistics Bureau

Affected by changes in production, procurement and distribution methods, warehousing has continually been pushed and pulled in different directions. Furthermore, by making the warehouse a retail centre in its own right, warehouses are getting a new lease of life as end-customer distribution outlets, whether or not just-in-time methods are being used. Logistics services provider TNT runs a large distribution hub in Belgium.

Seasoned Leadership in Action™! An Interview with Michael Massetti, VP at Gartner!

Supply Chain Game Changer

I was born in New York City and grew up on Long Island. We achieved recognition both internally and externally for our sourcing and procurement accomplishments in the spend management area. It was not until later in the 1980s that the loose federation between planning, purchasing, manufacturing, and logistics started coming together as an end-to-end entity called supply chain. My new iPhone X is over 1000X more powerful with 256GB in it! Subscribe Here!

Supply Chain Management:Indicators from the 2012 Holiday Buying.

Infosys Supply Chain Management

Logistics and Distribution. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. On the supply chain fulfillment side, new initiatives, realities, and dealing with the effects of supply disruption have retail supply chain teams rather busy during this final month. Regarding unplanned supply disruption, the effects of super storm Sandy slamming directly into the New York and New Jersey regions of the U.S.

Ryder Places First Medium-Duty Electric Vehicle Order with Chanje Energy and Begins to Roll Out Charging Stations

Supply Chain Network

NYSE: R), a leader in commercial fleet management , dedicated transportation , and supply chain solutions , announced today it has started to take delivery of 125 medium-duty electric panel vans, the first of their kind in North America, now available for lease or rent. markets, as well as in the Chicago and New York markets, with the latest technology in commercial electric vehicle (EV) charging. New risks emerge from time to time.

This Week in Logistics News (April 17-21, 2017)

Talking Logistics

Now, moving on to this week’s supply chain and logistics news… Amazon won a patent for an on-demand clothing manufacturing warehouse (Recode). JDA Unleashes New Levels of Supply Chain Visibility Across its Portfolio with TransVoyant. Oracle Warehouse Management Cloud Update Helps Businesses Scale Logistics to Meet Multi-Channel Demand. Logistics Platform Haven Sets Sights on SAP with Launch of Haven TMS.