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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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. But what are some of the unintended consequences retailers are experiencing by jumping in without a plan?

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.

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. Here are the top five reasons you need a transportation sourcing solution: 1. Freight sourcing is as unique and complex as the transportation industry itself.

How to Procure Full Truckloads in Tight Capacity

Cerasis

These rates will have natural implications for smaller shippers seeking to lower overall transportation and freight spend, and paired with a “blurred lines between peak shipping and shopping seasons,” shippers will experience increasing trouble when trying to procure full truckload capacity. Retailers affected by the year storms are still struggling to reopen, and when that occurs, capacity will shrink even further. Benchmarking progress and use of all transportation modes.

2020 Transportation Management Year In Review

NFI

? Year in Review: Transportation Management Jeff Kanterman, Regional Vice President of Transportation Management How would you summarize the last year in the supply chain industry? One key area was carrier procurement.

Procurement Report Card: Most Executives Think Procurement Isn’t Strategic Enough!

Supply Chain Game Changer

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Check out What Exactly Is Procurement? As we’ve chronicled on the Argentus Blog, it’s no secret that the world of Procurement is changing and fast. With automation, big data and burgeoning AI systems removing more and more of the profession’s “tactical” or “clerical” tasks, companies are calling on their Procurement teams to be more strategic, more nimble, and more innovative.

Overcome Foodservice Disruptions: Focus on Technology, Service Networks, and Transportation

CH Robinson Transportfolio

Understanding today’s transportation market. Transportation capacity, namely truckload, is highly fragmented. First made popular by online retailers, engaging a higher number of distribution center options in high-demand areas is also an effective strategy for restaurants.

Want better supplier adoption of your procurement portal? Start by asking your own sales staff.

OneSCM

A good portion of the value provided by automating procurement and payables processes comes from the labor and cost savings generated from fewer errors and less manual work. The procurement portal has to have enough transactional volume running thru it. If you’re the size of the world’s largest retailer or electronic device maker, or even the government, supplier adoption can be an easier equation to solve. The post Want better supplier adoption of your procurement portal?

How Retailers Can Use Supply Chain Technology to Get Ahead

CH Robinson Transportfolio

In my last blog , I talked about how consumer demands for a larger and more immediate selection of products are forcing retail businesses to become supply chain professionals. You don’t have to be a retail supply chain expert. Robinson, dedicate their entire work to analyzing the opportunities and gaps in ordering, shipping, transportation, and receiving for companies large and small. Using technology for retail capacity building.

DC 34

How Retailers Can Use Supply Chain Technology to Get Ahead

CH Robinson Transportfolio

In my last blog , I talked about how consumer demands for a larger and more immediate selection of products are forcing retail businesses to become supply chain professionals. You don’t have to be a retail supply chain expert. Robinson, dedicate their entire work to analyzing the opportunities and gaps in ordering, shipping, transportation, and receiving for companies large and small. Using technology for retail capacity building.

DC 34

The Demand Powered Supply Chain: How to Win as the Bar Continues to Rise in the Retail Industry

CH Robinson Transportfolio

This is especially true in the retail space, as a surge in ecommerce and pandemic-driven demand volatility increased the rate of change in an already rapidly evolving industry. Increased reliance on the transportation spot market due to industry planning uncertainty.

The Top 10 Transportation Management Systems

The Logistics of Logistics

The Top 10 Transportation Management Systems. Each year as businesses of every size and industry fight to broaden market share the same old questions haunt the boardrooms, “How can we reduce transportation costs? The answer almost always requires close scrutiny of a companies supply chain infrastructure and the status of its Transportation Management System (TMS). Transportation Management Systems. JDA Transportation Manager.

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

As a result, existing RFQs are seeing Force Majeure being invoked and shippers are using spot rates to make bookings to transport their goods. . COVID has changed the entire scenario, impacting majorly the retail market.

UAE 52

Optimizing Retail Supply Chains to Meet Demand and Reduce Costs

CH Robinson Transportfolio

The modern retail consumer. Digital retailers have changed consumers’ expectations across the entire retail landscape, with convenience and immediate access to almost any product now foremost in consumers’ minds. And with the advent of services like online ordering, parking lot pickup, and home delivery, retailers increasingly need to become supply chain specialists, or work with those who are, to stay competitive. . Gaps in modern retail supply chains.

Optimizing Retail Supply Chains to Meet Demand and Reduce Costs

CH Robinson Transportfolio

The modern retail consumer. Digital retailers have changed consumers’ expectations across the entire retail landscape, with convenience and immediate access to almost any product now foremost in consumers’ minds. And with the advent of services like online ordering, parking lot pickup, and home delivery, retailers increasingly need to become supply chain specialists, or work with those who are, to stay competitive. . Gaps in modern retail supply chains.

Omnichannel Retail Requires Close Collaboration with Logistics Providers

Enterra Insights

The next time you feel the need to toast someone, raise your glass to all the supply chain professionals involved in omnichannel retail operations. John McAteer, Vice President of Sales, Retail, and Technology at Google, writes, “In retail, there’s no space for standing still. Empowered by mobile, people can get exactly what they want instantly and effortlessly, and they expect retailers to meet their needs faster than ever before.”[1] Finding the Right Transportation.

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. Getting into transportation is a different topic entirely, one that demands a separate, more intricate look. Transportation Manager. Transportation Director. Transportation

COVID-19: Implications on inventory planning, sourcing and procurement

EFT

However, there has been a “50%” rise “in food and beverage essentials” for the retail giant, which has meant a huge reorientation in purchasing and demand planning. Paiva also emphasises the importance of being robust from a supplier but also a transportation perspective. “We We need to look at alternative sources of procurement, of production, alternative factories, alternative countries. Even the transport network is changing.

Sourcing – What You Need To Know About Coronavirus Supply Chain Disruption

Gravity Supply Chain

Sourcing: Mitigate risk during periods of supply chain disruption, such as those caused by the Coronavirus outbreak, by using digital technology. . The post Sourcing – What You Need To Know About Coronavirus Supply Chain Disruption appeared first on Gravity Supply Chain.

Retailer Finds Savings in Carrier Costs

Retail TouchPoints

| Big Lots Enhances Transportation Network through Partnership with Chainalytics | With over 1400 stores in 47 states, Big Lots is one of America’s largest discount retailers of brand name foods, home furnishings and accessories, furniture, seasonal merchandise, toys, electronics, gifts, and 100s of everyday items. Maintaining their mission of “Surprises in every aisle, every … The post Retailer Finds Savings in Carrier Costs appeared first on Chainalytics.

Building More Delivery, Curbside Into Retail Logistics | A 5 Step Starter Rubric

MercuryGate

Successful retail logistics depend on the ability of shippers to share accurate, timely information with all supply chain partners and ensure order fulfillment continues uninterrupted. As reported by the Logistics Bureau, “the variety of functions involved – product design, procurement, warehousing, production, transport, distribution, sales, for instance – encourages demand for new employees and multiplies […].

The Legal Implications of Transport Visibility is NOT Good News for Truckers

NC State SCRC

To keep yourself in business, there are plaintiffs attorneys that are finding out what transportation is doing, and trying to find the big deep pockets to pay damages like the $281M damage awarded in Texas – because the smaller carrier won’t be able to pay.” The idea of profitable transportation providers is something that is inherently “bad” And these plaintiff lawyers will follow up with “we all know that these transportation corporations are all bad!

TMS for SMB: A Case Study with Carhartt

Talking Logistics

What defines the small and mid-sized business (SMB) market for transportation management systems (TMS)? Its manufacturing capacity is at the highest level in the company’s history, and just two years ago Carhartt began opening its own retails stores across the country (with stores in 17 states as of the end of September 2016). Procurement & Contract Management.

BluJay Improves Position on Completeness of Vision Axis in Gartner’s 2020 Magic Quadrant for Transportation Management Systems Compared to Previous Year

BluJay Solutions

Holland, MI – May 28, 2020 – BluJay Solutions , a leading provider of supply chain software and services, announced that BluJay has improved its position in Gartner’s 2020 “Magic Quadrant for Transportation Management Systems” 1 on the “completeness of vision” axis compared to the previous year. BluJay’s Transportation Management is a leading SaaS TMS platform for companies managing their own freight across all modes of transportation around the globe. “We

Zara – The Benefits of Agile Procurement / Supply Chain

ivalua

The man is called Amancio Ortega , and journalists were surprised to find out he is the founder of the retail store Zara. . The key to Zara’s ability to establish an agile Supply Chain rests on the following unique approaches: Procurement Methodology: Zara’s Procurement team doesn’t work on the number of finished clothes but on the quantity of raw materials needed to manufacture the clothes. How an agile Supply Chain drives a sustainable competitive advantage.

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

BlueYonder

For example, major retailers have recently started to secure large amounts of capacity to ensure they can deliver goods from mid-November through Christmas. 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.

7 Ways Transportation Companies Can Improve Customer Experience

MercuryGate

Usability Be up and running easily and quickly, enabling transportation teams to realize immediate and measurable results. Company Discover the company who is revolutionizing the transportation management industry. 7 Ways Transportation Companies Can Improve Customer Experience.

Procuring Logistics Services is Not the Same as Buying Paper Clips

Talking Logistics

In a Forbes blog post last week, Kate Vitasek highlighted an issue that continues to negatively affect 3PL-customer relationships: Procurement organizations looking to shift more and more risk on third-party logistics providers — while, of course, also demanding lower costs. In other words, this company was turning over several hundred million dollars of transportation management responsibility to the lowest bidder.

Shippers: One Action Could Save You Millions on Inbound Transportation Management Costs

BluJay Solutions

But even in doing so, one area that is overrun with inefficiency is often overlooked – inbound transportation management. The inbound transportation management function is formed when companies take control of inbound freight from suppliers – consolidating loads, planning continuous moves and negotiating with carriers directly instead of paying for whatever shipping services the supplier chooses. Bridge internal gaps between procurement, transportation and supply chain management.

This Week in Logistics News (July 20-24, 2015)

Talking Logistics

Descartes also acquired BearWare , a leading US-based provider of mobile solutions to improve collaboration between retailers and their logistics service providers. It also supports pool distribution, which helps retailers to reduce logistics costs and minimize store disruptions by eliminating unconsolidated direct shipments from suppliers and retailer distribution centers into the stores.

Drop Shipping: A Perfect Fit for Supply Chain Operating Networks

Talking Logistics

As reported last month by Jennifer Smith in the Wall Street Journal , “A growing number of retailers are relying on suppliers to ship online orders directly to customers, a strategy they hope will help them compete with e-commerce rivals without spending more on inventory. The practice, known as drop shipping, lets retailers offer more products for sale on their websites—such as multiple colors of the same sweater—without having to keep those items in stock.

6 Ways to Lower Your Inbound Transportation Cost

Aborn and Co.

A large retailer may have hundreds or even thousands of suppliers that are working with a laundry list of freight forwarders, customs brokers, 3PLs & 4PLs. Transportation Management System. "Am I paying too much for my inbound freight?" - John C. Granby, CT.

3D Printing Set to Streamline the Retail Supply Chain Through Reduced Lead Times and Inventory

BluJay Solutions

Yet the potential for manufacturers and retailers/distributors to streamline and simplify production and distribution processes as well as increasing the possibilities for customization of products is clear, and media and industry interest in how to harness this technology to drive innovation is gathering pace. The attractiveness of 3D printing for manufacturers and retailers/distributors centers around reducing both lead times and the risks involved in holding inventory.