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.

The Transportation Supply Chain: Transportation’s Role in Supply Chain Management to Lower Total Costs

Cerasis

One of the often missing links, however, in supply chain visibility, is transportation management. We call this the transportation supply chain. What is the Transportation Supply Chain? Transportation refers to the movement of product from one location to another as it makes its way from the beginning of a supply chain to the customer’s handle. Any supply chain’s success is closely linked to the appropriate use of transportation.

Procurement Logistics: What Is It & Where Do Logistics Providers Fit In?

Cerasis

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. For example, transportation management often focuses on the journey of products after manufacturing. Although procurement logistics might sound like it involves the purchasing of manufactured products , it is much more involved. The Definition of Procurement Logistics. What Is Procurement Management?

The Transportation Management System Barbell

Talking Logistics

One of my supply chain and logistics predictions for this year was that the transportation management system (TMS) market will become more barbell-shaped ( mirroring what is happening in the third-party logistics industry ). “We’re

The Top 5 Reasons You Need a Transportation Sourcing Solution

Talking Logistics

If you are buying widgets, there are many ways to make your purchase, from going to a retail location, ordering online or using a standard procurement software tool that allows you to order lots of widgets and receive them over a specified period of time.

10 Ways Effective Transportation Management Drives Competitive Advantage

Cerasis

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.

Creating a Sourcing and Procurement Process Plan

Arkieva

What are the key elements of a sourcing and procurement process plan? Creating a sourcing and procurement plan. Three essential steps to creating a sourcing and procurement plan. The typical sourcing and procurement process plan involves a series of steps.

OPTSUM 2015: Where SCM meets Science

Supply Chain Nation

He also provided a heuristic solution to the truck packaging problem that helps negotiate the number of trucks to be booked for transportation. Connecting the dots between demand, fulfillment, transportation and warehouse management was the theme for JDA’s Rajiv Bhuta.

SCM 101

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

Cerasis

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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Transportation Sourcing in an Omni-channel World

Talking Logistics

Omni-channel is transforming retail transportation’s supply chain and logistics processes. Unfortunately, many retailers are jumping in without a plan — that is, they are taking a short-term, silo’ed approach to transportation sourcing and execution, and as a result, are failing to meet their desired outcomes. And, what are some of the key factors retailers need to consider when developing their transportation plans?

A Transportation Network is Your Pit Crew

Talking Logistics

You’ve developed a well thought out transportation plan that supports your supply chain. You’ve conducted a transportation procurement event and have agreements in place with carrier partners to provide the type of capacity you need, where and when you need it. You’ve communicated the final transportation plan and carrier strategy to your internal and external constituents, and have made essential business process changes to ensure successful execution.

More Challenges for the Transportation Network: Day 2 of the SCRC Meeting

Supply Chain View from the Field

Speakers are the SCRC meeting yesterday and today continued to speak more on the topic of transportation strategy given increasing challenges in the transportation sector, and the need for an effective transportation management strategy. As opposed to increasing ports to ship massive containers of bulk items, regions like North Carolina need to think differently, and to consider new possible locations for transport-driven logistics portals statewide.

3 Requirements for Meaningful & Useful Data in Transportation & Business

Cerasis

As data in transportation becomes more abundant and readily available, the question of “ What data is available ?” If you are looking for more insights from your data in transportation, contact Cerasis to inquire about our reporting we provide to our shipper customers who use our transportation management system as an enablement tool towards transportation procurement efficiency. Business Advice Technology Transportation

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The Do’s and Don’ts of Going to Market with Your Transportation RFP

Talking Logistics

This time of year, many shippers are reviewing and updating their transportation plan for the back half of the year and many will be considering issuing RFPs for new or changed capacity needs. I am often asked what shippers should consider (beyond the obvious of reducing cost) when deciding whether to go to market with a transportation RFP and what the associated best practices are. Procurement Strategy (Annual RFP, Targeted RFP, etc.).

The State of Supply Chain Trends Part II: AI, Procurement, & the New Lean

Cerasis

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. For example, the Internet of Things (IoT) may rely on temperature sensors in trucks to identify food spoilages , which can catalyze a diversion of an existing shipment to meet the immediate needs of the consumer affected by spoilage. Procurement’s Role Did Become More Important.

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Change the Game: Take a Portfolio Management Approach to Transportation Optimization

Talking Logistics

The quest for transportation cost savings and service improvement is never ending, but many companies still take a fragmented approach to analyzing and optimizing their transportation operations. According to Brooks: Companies often make the mistake of thinking “I can’t afford 6 months or 9 months to do this transportation optimization project, so I’m going to try do it fast.

The Implications of U.S. Justice Department Dismissal of Alleged Ocean Container Shipping Cartels Has Multiple Consequences

Supply Chain Matters

News of this probe surfaced in March 2017 when federal agents interrupted a meeting of the industry’s 20 largest shipping lines and issued subpoenas to certain top executives. A U.S.

Reflections on the LIVING Supply Chain SCRC Meeting

NC State SCRC

The SCRC meeting was a huge success yesterday. The SCRC meeting featured a group of executives, students, and faculty participating at the Supply Chain Resource Cooperative meeting yesterday in Raleigh, held at the new Talley Student Center on the NC State campus. This discussion was followed up by a great presentation from Vince Messimer, who is retiring from Shell Oil after 34 years with the company as their head of procurement for Shell Manufacturing.

Looking For a Job? Here’s The Top 10 Transportation Jobs

Cerasis

Editor's Note: Today's blog comes from our friend Michael Stoddard who shares the top 10 transportation jobs in the industry. If you happen to find yourself searching for careers in logistics, transportation and supply chains, you'll be happy to know that there's no shortage of positions.

Added Political Developments Related to Brexit Add to Uncertainties

Supply Chain Matters

The meeting lasted from early evening upwards to midnight, reportedly because Council members sought assurances that a deadline extension would not have to be revisited once again.

Can Sales and Procurement Ever be BFF’s?

NC State SCRC

The relationship between sales and procurement has always been a contentious one, and the idea of a friendship evolving between the two functions is laughable in the minds of many managers I’ve met with. Sales account managers accuse procurement of being purely price focused, and not recognizing the components of value. This situation does not always accrue – as there are cases where harmonious partnerships exist between sales and procurement.

Improving on Strategic Sourcing

Logistics Viewpoints

These days, sourcing has become a common discipline in supply chain and transportation management. There is an organizational expectation that transportation modes will be sourced and cost will be taken out of the network with some regularity. However, meeting these expectations while maintaining service year-over-year has become more challenging. Procurement/Sourcing Transportation Management Systems transportation management system transportation sourcing

5 Procurement Management Tips for the New Kid on the Block?

AFFLINK

In much the same way, any business seeking success in the procurement management environment should address the fundamentals first. Procurement management accountability builds from having processes and quality controls that meet or surpass customer expectations.

Spot Tendering: Are You Prepared for Capacity Shortfalls in Your Transportation Operation?

Supply Chain Nation

These capacity crunches, at times, force carriers not to adhere to capacity commitments with customers, resulting in companies having to go out into the market to find alternate transportation options. This typically corresponds with a more expensive transportation choice in an expedited manner. Using JDA’s Transportation Management System (TMS) , you can minimize spot market cost increases and find cheaper alternatives for uncovered loads.

Softeon Spotlight: Transportation

Softeon

Our platform covers the complete spectrum from transportation to supply chain management, providing our clients with the agility they need to stay ahead of their competitors. Transportation Management. The procurement, planning and execution of transportation is particularly challenging given the complexity of today’s global supply chains. Transportation management also requires the examination, adjustment, and verification of freight bills to ensure their accuracy.

March 8, 2019 Edition of This Week in Supply Chain Management Technology

Supply Chain Matters

Many of these metro areas were initially launched with consumers and small businesses but have now scaled to meet the needs of enterprises delivering anything up to 100 miles around every major city in America.

Subpoenas Served on Ocean Container Shipping Line Executives

Supply Chain Matters

Justice Department investigators crashed an industry Box Club meeting held last week among 20 ocean container shipping firms and served subpoenas to top executives of several lines. Procurement and Sourcing Transportation and Logistics global transportation and logistics trends Supply chain Matters blogThe Wall Street Journal reported today (Paid subscription required) that U.S.

5 Ways to Save on Transportation By Acting Like A Big Shipper

Talking Logistics

Shippers of all sizes face the same transportation challenges and opportunities, from finding capacity to controlling costs to meeting customer service level expectations. Transportation Management Upcoming Episodes enVista transportation procurement transportion spend management

SCRC Meeting Insights Part II: Management Principles for Executing Visibility Strategies

NC State SCRC

A problem in procurement can impact manufacturing and logistics and planning, but often these dots are never connected, so there never emerges a cross-functional approach to working on them. So as you look across the enterprise, there is a need for a mechanism that pulls exceptions and pulls together in real-time a cross-functional team that can across the end to end supply chain, (including manufacturing sites, 3PL, 4PL, transportation, distribution sites, and suppliers.)

Van Horne Institute Considers Alaska Transport Route, and Weighs Trump’s Plans for Keystone XL

NC State SCRC

I went in to meet the group on Wednesday the day after the election. The Van Horne Institute is recognized both within Canada and internationally as one of North America’s leading research institutes focused on transportation, supply chain and logistics, regulatory affairs and information and communications, as measured through its contributions to the strategic decision-making and implementation processes in the public and private sectors. policy and transportation.

The Million Dollar Transportation Strategy Question – When Do You Need A Multi-Carrier Parcel Solution?

BluJay Solutions

When reviewing their transportation strategy and calculating shipping budgets, they are forced to ask,“Do we want to or can we afford to be held hostage by our carrier?”. In summary, consider carriers as a central element of your transportation strategy.

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.

Supply Chain Matters Friday News Roundup

Supply Chain Matters

and Canada have precipitated a shortfall of bulk railcars that can meet required new fire and accident safety standards, railcar producer Greenbrier and railine services operator Watco have formed a 50-50 joint venture to be named GBW Railcar Services. Automotive Supply Chain Procurement and Sourcing Supply Chain Technology Transportation and Logistics blog commenting on global supply chain management global transportation trends and implications Kinaxis Inc.

Procurement Is A Key Catalyst For The Circular Economy

EcoVadis

One of the central organisational players in the transition towards a circular economy is the procurement function. Some of the key questions are, how will procurement expand its role to address the circular economy, and how can they add value? A Procurement Change Management Challenge. It is critical for procurement to understand the radical changes that the business will most probably undertake when integrating circular principles.

Update on Pending U.S. West Coast Ports Shutdown

Supply Chain Matters

The two sides were expected to meet again this afternoon. Procurement and Sourcing Sales and Operations Planning Transportation and Logistics 2014 U.S. west coast port congestion impact on industry supply chains independent blog commenting on global logistics and transportation Supply chain Matters blog Supply Chain Matters provides a brief update to our previous pre-weekend breaking news commentary regarding U.S. West Coast reports approaching potential shutdown.