The Truth About Multi-stop Truckload Shipping

Talking Logistics

If you rely on multi-stop truckload shipping as part of your strategy, you owe it to yourself to learn how to work more effectively with your carriers—which can also improve acceptance levels for these loads and help you better control supply chain costs.

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. This does not mean shipping a product immediately.

[INFOGRAPHIC] Procurement Trends: Carving a Bigger Role in Supply Chain & Manufacturing

Cerasis

As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. By the mid-1950s , procurement had become a commonplace aspect of minor business, and procurement was almost comparable to secretarial work.

Ocean Freight Procurement and Going with the Stream

Freightos

The annual fixed-price contract is the current go-to for ocean freight procurement. Just like streaming replaced that iPod as a better way of listening to music, ocean freight procurement now has a better way. But Does Fixed Ocean Price Procurement Need Fixing? Remember iPods?

A Major Blockchain Announcement Involving Global Shipping

Supply Chain Matters

We highlight a significant joint announcement made this week regarding the potential broader application of Blockchain technology in global shipping processes. Blockchain Technology Procurement and Sourcing Supply Chain Technology Transportation and Logistics A.P. Moeller Maersk blockchain technology applications in global shipping IBM Blockchain Maersk Line Supply chain Matters blog

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

Cerasis

Procurement must never be an afterthought in any enterprise. Supply chain professionals must also know how they will be shipping freight. 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. The global supply chain creates many challenges and opportunities in procurement. Integrated Procurement and Payment Systems Simplify the Process.

How to Procure Full Truckloads in Tight Capacity

Cerasis

The use of full truckload shipping is rising in popularity, resulting from its lower cost as compared to less-than-truckload (LTL) shipping. 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.

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

Supply Chain Matters

Justice Department ruling into allegations of price fixing among the globe’s largest container shipping lines has been dropped, with consequences for shippers and the industry. The arrangement helps with carrier return-on-assets but the tradeoff came to be shipping schedules and transit times.

Added Industry Consolidation- Japan’s Largest Shipping Lines to Merge Container Operations

Supply Chain Matters

Industry and business media report that Japan’s three largest maritime shipping companies are indicating they intend to merge their container shipping operations to create the what would probably be the sixth-largest global player. Procurement and Sourcing Transportation and Logistics challenges in ocean container shipping ocean container shipping trends Supply chain Matters blog trends in global transportation

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

Take Supply Chain

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.

Report on Arctic Northern Passage Shipping Volume

Supply Chain Matters

At the time, a Chinese icebreaker was successful in completing the first ship voyage that utilized an Arctic Ocean and polar icecap route to travel from China to an Icelandic port. Last year, we highlighted reports that a Chinese cargo ship successfully made the first ever commercial transit of the Northwest Passage. This week, the Wall Street Journal reported (paid subscription) further volume increases for this northern shipping route. Two years ago.

Drewry’s Declaration that the Global Shipping Market has Bottomed

Supply Chain Matters

This week, noted maritime and shipping industry research firm Drewry Maritime Research declared that the ocean container shipping market has now bottomed out. The recent ongoing Hanjin Shipping bankruptcy and receivership development is noted as representing the trough of the container shipping market and that a gradual market recovery is now expected.

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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

Takeover and Tuck-In Acquisitions Underway Involving Global Ocean Container Shipping Lines

Supply Chain Matters

Two announced acquisitions this week involving global ocean container shipping lines add further evidence of moving forward with strategies to integrate added transportation and logistics services beyond just port to port.

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. Although procurement logistics might sound like it involves the purchasing of manufactured products , it is much more involved. The Definition of Procurement Logistics. The simplest way to think of procurement logistics is the procurement of materials needed to manufacture products. What Is Procurement Management?

E-Commerce Shipping: Why Shippers Are Mastering E-Commerce to Go Omnichannel

Cerasis

Unfortunately, shippers may overlook the biggest obstacle to omnichannel, developing effective e-commerce shipping practices. According to Stacey Rudolph of Business2Community, e-commerce shipping is complicated with an average return rate of 30 percent.

Procurement & Suppliers: Paying Attention to Terms & Conditions to Keep Supplier Relations Postitive

Cerasis

Editor's Note: Today's blog is by our great friend, Chuck Intrieri where he gives us a fantastic example of how Procurement and Suppliers can enhance Supplier Relations by navigating the "Battle of the Forms.". However, in many circumstances, the supplier will send an invoice that contains one set of terms, while the procurement professional will issue a purchase order which contains additional or different terms. Procurement

Multichannel Fulfillment & Shipping: Considerations for Wholesale Distributors & OEMs in the Transition From Single Channel Shipping

Cerasis

E-commerce has presented wholesale distributors and original equipment manufacturers (OEMs) with a crown opportunity for growth, but it comes at the cost of transitioning from single-channel shipping. Over the last year, average e-commerce sales have increased more than 15 percent, revealing the increasing demand for multichannel fulfillment and shipping. Adapting supply chain systems to succeed in multichannel fulfillment and shipping, also requires additional setup time.

The Future of International Freight Procurement- A Supply Chain Matters Guest Commentary

Supply Chain Matters

The following is a supply Chain Matters guest commentary contributed by Cory Margand, Founder and CEO of SimpliShip an international freight marketplace created out of the frustration of today’s outdated shipping processes and underutilization of technology.

Hanjin Shipping Receivership- The Financial Shot Heard Across the Globe

Supply Chain Matters

Ocean container shipping and logistics are the lifeblood of global supply chain movements. Manufacturing Strategies Procurement and Sourcing Supply Chain Disruption Transportation and Logistics challenges in global transportation and logistics implications of Hanjin Shipping receivership independent blog commenting on global logistics and transportation Supply chain Matters blog

10 Tips Shippers Can Use to Reduce Costs in LTL Procurement with Better Request for Pricing Bidding

Cerasis

at Cerasis, we know a thing or two about the nuances of LTL procurement. LTL procurement is something we do very well. So we thought we would impart upon all the shippers out there some tips on how to reduce overall costs for effective LTL Procurement. 10 LTL Procurement Cost Cutting Tips. Saving money on less-than-truckload or LTL procurement is a laudable goal, except when operational problems eclipse savings gains. Logistics LTL ltl procurement

A Follow the Money Broken Link for Global Container Shipping Lines

Supply Chain Matters

The ocean container shipping industry continues to manage its way out of an ongoing multi-year condition of too much excess shipping capacity. However, one of the prime European banks that was instrumental in financing ship acquisitions is bearing the risk and now the consequences. Procurement and Sourcing Transportation and Logistics global transportation and logistics trends Supply chain Matters blog

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Capacity Crunch Strategies: How Does a 3PL Aid a Shipper in a Shipping Capacity Crunch?

Cerasis

A shipping capacity crunch is a necessary evil. Unfortunately, a shipping capacity crunch tends to occur during already stressed periods, like winter, after tropical storms and during peak shopping seasons. Part of the problem with a shipping capacity crunch is lackluster networking.

A Stark Advisory for Ocean Container Shipping Lines With Multi-Industry Implications

Supply Chain Matters

Ocean container shipping and logistics are the lifeblood of global supply chain movements. For over two years, Supply Chain Matters has been advising our multi-industry supply chain readers about the effects of substantial overcapacity conditions occurring among major shipping lines, and their consequent impacts for service, cost and logistics. This report concludes: “The container-shipping industry has a […].

Report that Global Container Shipping Leader Maersk Looking to Acquire Hamburg Sud

Supply Chain Matters

The Wall Street Journal is reporting that based on it sources with knowledge of the matter, global container shipping conglomerate A.P Moeller Maersk is looking to acquire German based shipping line based Hamburg Sud. The latter owns and charters upwards of 130 container ships it had nearly 6000 employees and $6.7 Procurement and Sourcing Transportation and Logistics A.P.

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.

Yet Another Shipping Alliance and an Industry Stalling the Inescapable

Supply Chain Matters

The Wall Street Journal reports (Paid subscription required) that a new ocean container shipping alliance is being formed. Global trade trends Manufacturing Strategies Procurement and Sourcing Transportation and Logistics challenges in global transportation impact of megga container ships on industry supply chains independent blog commenting on global logistics and transportation Ocean Alliance ocean container industry consolidation Supply chain Matters blog

Freight Procurement Solutions Are Transforming Supply Chains

Jaggaer

Why You Should Consider Freight Procurement Sourcing Solution. Procuring raw materials or finished goods is one thing, but the processing of moving those goods from one place to another brings its own set of challenges. Whether you’re in charge of ordering the “things” or managing how and where those things get from A to B, both sides of the procurement equation stand to benefit from freight procurement automation.

Full Truckload Technology: The Various Technology Involved in Full Truckload Freight Shipping Management

Cerasis

Demand for record-breaking speed of delivery and free shipping are only making the case for greater use of technology in full truckload freight shipping management, and shippers need to understand why. Access our complete Full Truckload Shipping White Paper Series. Simulation tools and merging of routes and freight shipping schedules ensures accuracy and accountability among carriers, shippers, and everyone in-between.

Key Points for You to Consider in the TMS Procurement Process

TMC

Often at the top of the list is the need for streamlined shipping processes and visibility to all transportation activities in one technology platform. Procuring a TMS starts with an investigative process. Procuring a TMS suite is not a trivial exercise.

Maersk Discloses Strategy to Become a Shipping and Logistics Services Integrator

Supply Chain Matters

This week, there is additional information coming forward after Danish shipping conglomerate A.P. Moller-Maersk’s announced acquisition of container shipping line Hamburg Sud. Procurement and Sourcing Transportation and Logistics A.P. Financial and industry news sources are reporting comments from Maersk CEO Soren Skou at an investor conference this week which indicate a strategy that positions Maersk Line to become a global integrator of […].

More Evidence of Overcapacity and Turbulence in Ocean Container Shipping

Supply Chain Matters

Citing estimates from global shipping industry forecaster Alphaliner, The Wall Street Journal headlined earlier this week that global ocean container traffic grew at the slowest rate since the global recession. This provides more evidence of structural change in global shipping patterns and volume needs.

A.P. Moeller Maersk Reports Q4 and 2018 Full Year Financial Performance

Supply Chain Matters

Moeller Maersk reported what was termed mixed Q4 and full-year 2018 financial performance, and a cautious forecast for declining global shipping volumes for 2019. . Full year increase in revenues includes the integration of shipping line Hamburg SUD that was acquired in 2017.

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To No Surprise- Another Ocean Container Shipping Lines Alliance Announced

Supply Chain Matters

For the ocean container shipping segment, it was inevitable that a new multi-carrier alliance would emerge, and indeed it has. Procurement and Sourcing Transportation and Logistics Supply chain Matters blogAt the beginning of this month, Supply Chain Matters advised our readers to pay particular attention to the ongoing sober signs of global transportation structural changes.