7 Ways to Strategically Elevate Freight Procurement

Talking Logistics

It is easy to understand why strategy is often set aside to meet immediate needs of getting product shipped out the door. Large and mid-size shippers typically have procurement personnel but may lack coordination across shipping locations. Smaller companies have lean shipping departments and are often focused on moving product with little time and energy remaining to negotiate contracts and analyze freight spend. Adopt performance metrics for carriers.

Managing Logistics for The World’s Largest Company with Gary Sostack

The Logistics of Logistics

I grew up in New York and graduated from the New York Institute of Technology. Then, after a short spell in New Orleans, I moved to Houston to work with supply chain in oil and gas. Then, we buy and ship it to get oil out of the ground. The company searched for smart people who understand what the next new technology will be. The expected metrics were part of the contract. [00:38] Please introduce yourself and your company.

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Top 10 Supply Chain Innovations of 2018

Material Handling and Logistics

Thanks to omni-channel distribution, 3-D printing, self-service logistics and other avenues of disintermediation, traditional supply chain roles are rapidly being transformed into all-new opportunities. It will allow for the automation of more complex warehousing tasks, such as unloading shipping containers and picking packets or individual e-commerce orders. Content Summary: New Electronic Vehicle Export Process Debuts at Port Everglades.

Digitized Trucking: Turning The Logistics Value Chain Upside Down

Cerasis

The order states that you leave Missouri with the 5000 kilograms, drop 2000 kilograms in New York, then head towards Atlanta and drop around 1800 kilograms there and finally, the remaining 1200 kilograms need to be dropped in Washington. The introduction of digitized trucking marks the beginning of a new era and is set to turn the logistics value chain upside down. .

Transforming Consumer Value Chains: Navigating The Power Shift to the Shopper

Supply Chain Shaman

Success of New Business Models. This week, many of my friends will gather in New York for NRF. Retail was slow to adopt supply chain processes to drive new business models; and as a result, traditional retail redefinition of supply chain processes got caught in the omni-channel hype while Amazon worked its magic to become a market leader. Retail generic products sold through new channels. With the dawn of eCommerce, companies must now ship the EACH.

Redesign to Improve Value: A Case Study of a Supply Chain Leader

Supply Chain Shaman

These tools are now enabling new capabilities to make trade-offs between volume and cost while helping companies to redesign flows and decoupling points. I also think that Quintiq’s leadership in concurrent planning to solve new problems is promising, especially in the design of transportation and inventory flows. In researching the ideas, like moving a business to the point of sale, we discovered that the base numbers of the business revealed new strategies.

Ecommerce Venture Capital Trends: Which VCs & Seed Investors are Investing in Ecommerce?

ShipBob

To appeal to investors, you’ll have to start something promising that’s new and unique. Lerer Hippeau Ventures is a New York-based early stage venture capital firm, meaning it invests in companies that are just starting up but have a large chance of success (often Series A rounds).

The Ocean Plastics Environmental Crisis!

Supply Chain Game Changer

According to the oceanconservancy.org “Every year, 8 million metric tons of plastics enter our ocean on top of the estimated 150 million metric tons that currently circulate our marine environments. That’s like dumping one New York City garbage truck full of plastic into the ocean every minute of every day for an entire year!” Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

UPS Executive Shares Insights on Total Cost of Ownership in the Electronics Supply Chain

Supply Chain View from the Field

A native New Yorker, Ken turned down a career in finance and banking for an action-packed and exciting career in the world of global logistics. In this case, the context was an annual bid and quote negotiation they had to do with electronic manufacturers who wanted to ship products from the factories in Asia to the US. What are the metrics used to measure performance is part of the contract terms, especially around on-time service commitments.

How Microsoft & ThroughPut are helping Global Manufacturers increase Output during the COVID-19 Pandemic, and how every Operations Professional can help

ThroughPut

South Korea has reported the lowest number of new cases in 4 weeks , leading the way on the containment execution roadmap. In fact, in the last 6 weeks alone, I have personally been to the front lines of Yokohama, Milan, New York, and San Francisco , working alongside some of the world’s most professionally-committed food manufacturing & distribution, plastics manufacturing, and industrial operations personnel.

Letter from the CEO: Coronavirus Market Update

Transplace

The expectation is that two mega ships will arrive at the ports to pick up empties this week as the equipment is needed in China. Industrial and chemical sectors are maintaining at seasonally expected shipping volumes as of this time. Some LTL carriers are embargoing parts of New York for the NBG Service Center due to the total number of cases of coronavirus in these zip codes: 10801, 10802, 10804, and 10805. Cargo flows and ship calls are rebounding in China.

How Microsoft & ThroughPut are helping Global Manufacturers increase Output during the COVID-19 Pandemic, and how every Operations Professional can help

ThroughPut

South Korea has reported the lowest number of new cases in 4 weeks , leading the way on the containment execution roadmap. In fact, in the last 6 weeks alone, I have personally been to the front lines of Yokohama, Milan, New York, and San Francisco , working alongside some of the world’s most professionally-committed food manufacturing & distribution, plastics manufacturing, and industrial operations personnel.

This Week in Logistics News (May 22-26, 2017)

Talking Logistics

Ryder Launches NaviShare, a New Software Platform Providing Real-time Visibility, Tracking, Matching, and Sharing of Truck Capacity. WSS to launch pilot scheme for drone deliveries to ships at anchor (The Loadstar). Alone on the Open Road: Truckers Feel Like ‘Throwaway People’ (New York Times). By the time you read this, I’ll be on my way to Baseball Heaven with my sons for a baseball tournament. They will play at least 8 games between the two of them over three days.

Understanding the Challenges Facing Aerospace and Defense Manufacturing Firms

USC Consulting Group

Businesses navigating the global aerospace and defense sector reached new heights in 2018, generating record revenues and laying the foundation for sustained organizational success through fast and furious merger and acquisition activity, according to research from PricewaterhouseCoopers. This global economic strategy has produced mixed results , The New York Times reported.

The Ultimate Guide to Beer Profit Margins & More

Unleashed

We’ll start by looking at some key statistics across the Australian, New Zealand, UK and US markets. The New Zealand beer sector in numbers. The New Zealand beer industry is worth NZ$2.3 By 2019, New Zealand had 4.6 New Zealand’s beer industry has a profit margin of 6.2%.