[INFOGRAPHIC] The Future Of Procurement: What Is Your Role?

Cerasis

At Cerasis we work with our shipper customers who procure items every day and have needs for inbound freight management as they secure those products from their vendors. The Future of Procurement is Driven by Technology. INFOGRAPHIC: The Future of Procurement.

10 Key Logistics & Procurement Supply Chain Practices to Know and Master to Reduce Spend.

Cerasis

However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. As a result, an external benchmarking tool , explains Olga Rissin of CHAINalytics , offers the benefits of reducing internal spend and accessing outside data, which further drives competitive advantage and lower spend in managing the procurement supply chain. Cloud-based systems offer many benefits throughout the procurement supply chain, reports Procurious HQ.

How Freight & Transportation Data Can Trim Your Transportation Spend

Cerasis

When you want to drive down your logistics and transportation spend, the very first thing that you need is freight and transportation data. In many different industries, it can be difficult to secure the kind of operational data you need to make a real impact on your spending.

These 7 Industrial Procurement Trends will Impact Supply Chain & Logistics in 2018

Cerasis

Procurement must never be an afterthought in any enterprise. 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. As with many other topics affecting industry trends in the transportation, trucking and manufacturing industries, companies are looking for ways to increase the use of technology in procurement, explains Melissa Deleen of LinkedIn.

Procurement and Suppliers on the Same Page: How to Craft an Effective Terms & Conditions Sales Document

Cerasis

Editor's Note: Today's blog is the second part of Chuck Intrieri's series on how procurement and suppliers can avoid issues with their contracts. Procurement and suppliers often assume that small print is highly complicated legal jargon that is both boring and largely irrelevant. It Would Benefit Both Procurement and Suppliers To Write in a Clear, Friendly, and Organized Manner. Procurement

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?

Transportation Procurement: Still Standing on the Sidelines?

Talking Logistics

Since last summer the warning signs have been there that shippers would be facing tighter capacity and increased transportation costs this year. This tightening capacity should have prompted shippers to go out to bid to secure their place in line, but it didn’t work out that way. As the dust has settled in Q1 of this year, many shippers have now gone out to bid through procurement processes. Procurement’s Not the Only Answer.

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.).

Procurement, Industry 4.0, Cybersecurity, Robotics and Automation: The Image of Manufacturing is Evolving.

Cerasis

Let’s take another look at how procurement, computing power, industry 4.0, cyber security, advanced robotics and automation became top priorities for research, development, and implementation throughout the past year’s operations in the manufacturing industry. . Procurement Operations Became Decentralized and Adaptable. Procurement is also becoming more interesting and involved. Twitter Facebook Google+ LinkedIn The post Procurement, Industry 4.0,

Advanced Strategies for Successful Ocean Freight Procurement

CHAINalytics

When it comes to ocean freight transport, shippers have benefited from almost a decade long “down-cycle” as far as rates are concerned. Over that period of time, shippers were able to secure capacity from a variety of competing carriers at a lower cost.

7 Steps to Product Procurement Pricing that Suppliers Can Support

Supply Chain @ MIT

A new tool enables procurers to negotiate product prices without bargaining away supplier goodwill. When bargaining with suppliers over a product price, how can procurement professionals secure the best deal without damaging a valued relationship by being overly aggressive?

WMS Cybersecurity: Top 7 Reasons to Think of Security During Implementation

Veridian Solutions

Although this list excludes cybersecurity, it is essential to think about how each area presents a new security risk, as follows: Scalability requires ongoing development and testing of new processes, increasing cybersecurity risks. Management across multiple sites increases the physical security of the system, and it becomes easier for someone to breach the system accidentally.

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.

What Transportation Professionals Need to Know About the U.S.-Mexico Border Situation

CH Robinson Transportfolio

Work with your account managers and transportation service providers to review time critical and urgent freight shipments. Access a broad network of transportation modes to mitigate against the risk of closures by leveraging air and rail services to make sure your freight keeps moving.

Four Ways to Secure Carrier Capacity Using Bid Optimization

Talking Logistics

To secure capacity in this very tight market, companies seeking carriers are paying closer attention to bid optimization solutions as a means of aligning interests from both parties. Here are four ways brokers, third-party logistics providers (3PLs), and shippers can use the technology to procure fair and reasonable rates across all modes of transportation, especially from carriers that hold the upper hand. Transportation centric.

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). Industry leading data security. Transportation Management Systems. JDA Transportation Manager.

Why Now is the Perfect Time to Benchmark and Bid Your Carrier Rates

Talking Logistics

In today’s highly competitive marketplace, understanding how your company’s procurement strategy and results compare with industry peers is critical. Whether you need to inform management that your performance is superior or has improved, or identify opportunities in the procurement process to drive additional economic value – there is no better time to benchmark and bid your carrier rates than now.

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

Supply Chain Nation

Large corporations are also hedging on securing capacity, creating more capacity challenges in the marketplace. 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.

Disruption in the Freight Brokerage Industry: How to Secure Your Brokerage’s Future

Parade

Meanwhile, big shippers like Anheuser-Busch are using multiple digital freight brokerages, describing the “tech-enabled carrier space as something provides transformational value,” says Mark Young, the director of transport procurement.

Sorry, I’m Not Sure: Supply Chain and Logistics Predictions for 2018

Talking Logistics

If they actually follow through on their promise and oil prices continue to rise next year, how will transportation, inventory, and sourcing policy decisions change in response? Source: Evan, Flikr. “I

Why Truckload Lead Times Matter and How to Improve Them

TMC

If you don’t secure the space you need early on, all the other competing companies out there will get it first. Multiple day lead times can significantly improve your chances of securing the capacity you want at the price you are seeking.

Why Truckload Lead Times Matter and How to Improve Them

TMC

If you don’t secure the space you need early on, all the other competing companies out there will get it first. Multiple day lead times can significantly improve your chances of securing the capacity you want at the price you are seeking.

Transport Topics Interview Subjects Get it wrong on Cloud Logistics

Supply Chain Collaborator

A recent article by Transport Topics’ Seth Clevenger inadvertently underscores the extent to which many transportation departments are way behind the times when it comes to the use of technologies for supply chain logistics management.

Blockchain for the Supply Chain: Reality vs. Hype

Supply Chain Brain

For example, approval by multiple parties to a transportation arrangement is required in order to issue an authorized bill of lading. At the same time, technical standards are needed to govern the various processes that are unique to freight transportation and other logistics-related services. Standards are also needed for shoring up blockchain security. I do not believe that saying something is immutable is necessarily saying something is secure,” says Perez.

Flatbed Procurement: What’s Your Strategy?

CH Robinson Transportfolio

Flatbed Procurement: What’s Your Strategy? Whether you believe it or not, the key to successfully securing flatbed capacity (without breaking the bank) isn’t always about chasing the lowest price. Do you conduct procurement events often enough and at the right time?

Research in Focus: Do You Get What You Pay For in Truck Transportation?

Talking Logistics

That was one of the research questions explored by Nane Amiryan and Sharmistha Bhattacharjee, graduate students at MIT’s Center for Transportation & Logistics (MIT CTL), in a project sponsored by C.H. million shipment tenders to secure the movement of 807,662 shipments.

Supplier Risk Management: 4 Things To Look Out for During On-Site Evaluations

Cerasis

” In the process of business procurement and especially in the supply chain, supplier risk management is a skill set that needs focus day in and day out. Specifically, in the transportation and logistics industry it can be very beneficial to visit your carriers in person.

Blockchain Comes to the Freight Industry

Supply Chain Brain

Just look at some of the names that have joined the Blockchain in Transportation Alliance (BiTA) since the group’s formation last August: FedEx , BNSF Railway , C.H. If you can convince a bunch of transportation neophytes who know nothing about freight that a [crypto] coin can become the currency of the industry, then you can raise whatever,” he says. Global Supply Chain Management Supply Chain Security & Risk Mgmt.

Why Blockchain Within The Supply Chain Makes Perfect Sense

Cerasis

Instead of having to deal with an ineffective point-to-point communication system like EDI and the complexity of reconciling multiple data sources with multiple permission models, Distributed Ledger Technology (DLT) provides a singular mechanism to securely integrate, harmonize, and synchronize data for all participants. Outcomes: a transparent and trustworthy supply chain, eliminating reliance on third parties to facilitate trust and reducing associated auditing and security costs.

6 More Logistics Technology Trends Enabling Success in 2018

Cerasis

However, logistics focuses expressly on the movement and storage of products, while the supply chain goes into deeper detail, including manufacturing processes, procurement, and the flow of goods. TMS Transportation Management

Trends 275

Five Ways to Be a Shipper of Choice: Lessening Capacity Crunch Impact with a TMS

Talking Logistics

Shippers need to learn how to be a “shipper of choice” in order to secure capacity in a consistent and productive way at reasonable rates. One of the most impactful tools in a shipper’s arsenal toward this end is a Transportation Management System (TMS). A recent report by the Department of Transportation’s Office of Inspector General said that the trucking industry loses between $1.1 Whatever the cause, the end result is the same: trucking capacity is tight, really tight.

This Week in Logistics News (June 20-24, 2016)

Talking Logistics

From a supply chain perspective, Brexit will have a ripple effect on procurement, trade agreements, customs, and other areas. And if the news from Werner Enterprises and Covenant Transportation Group this week is any indication, the industry remains in low gear.

How to Plan for Common Disruptors in Ocean Freight

Talking Logistics

Security. As the recent cyber-attack on Maersk showed, security risks exist for all of us. Robinson offices, procurement teams, and customers. Peak season for ocean freight shipping is underway.

Intelleflex Announces Cellular, GPS-equipped RFID Reader & Cloud-based ZEST™ Data Services Platform

Supply Chain Network

To achieve full efficiency, the supply chain needs secure, accurate and timely data on the inventory status and condition of its products. Intelleflex ZEST Data Services is a secure, multi-tenant cloud-based data collection platform for aggregating permission-based sharing of information.

Software is Not Enough: SAP and Descartes Partner on TMS Connectivity

Talking Logistics

That is one of the most important, yet often overlooked, questions shippers should ask before implementing a Transportation Management System — specifically if they’re implementing a traditional, behind-the-firewall solution.

Top 10 Global Supply Chain Risks

Supply Chain Game Changer

Risk management strategies of yesteryear are ineffective in the changing landscape, and no type of transport can avoid risks. Ensure system connectivity is on a secure network. Limit personnel access to the system to those necessary for shipment processing and maintain the strong physical security of your facilities. Procurement departments must take the full burden of ensuring supplier consistency. Transport Loss. Subscribe Here! Email Address.

The Invaluable Role of a TMS in Managing Full Truckload Shipments

Cerasis

The Freight & Transportation Management Trends to Know in 2018. Essentially, frequent putting is indicative of shippers constantly shopping around for the lowest cost deal, and since the carrier is less likely to secure the actual transaction and transport such items, carriers will charge more. A TMS is like a procurement expert, allowing for the continuous benchmarking of shipping activities and giving shippers insights into freight spend.