This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
AI in supply chain automation is gradually reshaping how core functions operate, particularly in procurement, warehousing, and logistics. Key Insight: The use of AI in supply chain automation is producing tangible benefits across procurement, warehousing, and logistics.
While SAP has had procurement analytics solutions, last year at Spend Connect Live, SAP announced the Spend Control Tower. Daniel Chapman, the senior director of process transformation for procure to pay at Warner Music, was a keynote speaker. For example, a buyer might say, “You only shipped me 800 of the 1000 products I ordered.”
When unexpected disruptions occura factory shutdown, a shipping delay, or a supply shortagethese models provide little flexibility. Excess inventory, stockouts, and increased transportation expenses are common consequences of outdated planning methods. Predictive maintenance of transportation fleets reduces downtime and repair costs.
Managing OTR transportation through disruption is a complex process. We’re sharing seven best practices to improve OTR transportation management, enabling shippers to stay competitive in the face of disruption. Analytics provides visibility into your transportation network and operations. Across OTR Transportation Modes.
Vetting 3PLs and transportation management services providers is a complex topic and shippers may not know where to begin. To find the right logistics transportation services partner for your unique business needs, shippers should consider these five crucial characteristics. . Focus on Carrier Procurement and Management.
Procuringtransportation for freight is much different than any other procurement category. Transportationprocurement needs to support both customer service and a company’s internal supply chain goals. One master of freight procurement is Kyle Masters. Procurement ran a request for proposal event.
No carrier or mode has been excluded from the increased demand of e-commerce and a customer base that’s anxious for a return to normalcy, including the LTL transportation sector. Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing. State of the LTL Market. GlobalTranz?today.
The three traditional methods are the use of a transportation management system (TMS), transportation execution system (TES), and managed transportation services (MTS). A TES is generally mode specific and lack optimization capabilities, but for shippers with simpler transportation requirements, that is often all they need.
The biggest constant in transportation today is changing. These changes impact shipping lanes, volumes, cost, driver satisfaction, turn over – all of the things that naturally […]. The post Strategies, Tips, and Pitfalls of Modern TransportationProcurement appeared first on Logistics Viewpoints.
Today begins our series about electronic data interchange or EDI in transportation. In this series, we will first talk about how EDI in transportation works and what it is, covering the history of EDI in transportation, the definition, how it works technically, and then some common EDI codes used within the transportation industry.
Commercial teams operate in a ship-to environment, but the supply chain teams operate in a transactional world based on a ship from model. Visibility of the translation layer of ship to converted to ship from is not existent. The signal is clear for commercial teams, but not for supply. The reason?
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 explosion in globalisation, and corresponding reduction in transport availability over the last decade or so, have together kiboshed some of the factors which once fueled a steady growth in offshore manufacture and procurement. Let me show you why. Understanding the Basics: What is Nearshoring?
How Shipping Can Help Save The Planet. But to be honest, the shipping industry is as much of a culprit. Meanwhile, reports estimate that shipping contributes 3%, or a staggering 1 billion tonnes of CO2. Meanwhile, reports estimate that shipping contributes 3%, or a staggering 1 billion tonnes of CO2. Size Matters.
The use of full truckload shipping is rising in popularity, resulting from its lower cost as compared to less-than-truckload (LTL) shipping. The Solution: Shippers Must Use Out-of-the-LTL-Box Strategies Shippers must take a more strategic approach to truckload procurement, explains CH Robinson via Supply Chain 24/7.
Unfortunately, shippers may overlook the biggest obstacle to omnichannel, developing effective e-commerce shipping practices. To avoid the retail apocalypse and achieve omnichannel success, shippers need to understand the challenges of e-commerce shipping, how it contributes to omnichannel success and a few tips to succeed in it.
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. Transportation Manager.
That supply planning application needs to be integrated into an array of internal systems ERP, transportation management, warehouse management, procurement, and other applications. A logistics planner may assert that expediting shipments will lead to very high shipping costs and retard their ability to meet greenhouse emission goals.
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. 3PLs Bring Better Freight Shipping Rates During Shipping Capacity Crunch Hikes.
Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP. The focus of the transportation suites was on cost mitigation and price negotiation. Procurement: Purchase price variance and procurement cost.
Statistics on the industry-wide use of a transportation management system (TMS), like the Cerasis Rater, are lacking. 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.
We have all our factories, both in-house and outsourced, all of our distribution centers, and our transportation network on the Blue Yonder foundational system. We can run a plan simulation to maximize revenue, maximize shipments, maximize the customer experience, or minimize transportation costs.
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. They ship very small batches twice a week. Spare Capacity.
Emerge has an interesting new platform to deal with the problems shippers are having procuring truck capacity. The vocabulary used in transportation can be confusing. Shippers” are companies that have goods that need to be transported. There is a need for a more nimble, continuous bidding process. But shippers lack trucks.
Koganti urged the procurement audience to look for whats referred to as “foresight function” in planning tools, which is capable of enhancing data analysis, scenario generation and trend identification , allowing for more informed and proactive decision-making, albeit with human oversight.
A Perfect Match for Our Mission At Freightos, our mission has always been to bring international shipping into the 21st century, using digitalization to make it faster, more cost-effective, and more transparent for the organizations that literally move the world. This marriage creates the world’s most comprehensive platform.
FourKites CEO, Matt Elenjickal One of the two leaders in the real-time transportation visibility market is FourKites. Calling the FourKites platform a real-time transportation visibility solution is a misnomer; This is a real-time supply chain visibility solution. Transportation visibility solutions provide a wide variety of benefits.
The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shippingprocurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. At the heart of it all, an effective procurement strategy remains paramount.
Today, more than 1% of the world’s container ships are stuck off major ports. Warehouses are full–often with the wrong stuff resulting in the slowing of the forty million shipping containers around the world. We are making slow progress on transportation visibility, but not supplier visibility.
What Contractors Need to Streamline Procurement in 2025 By Ian Summers (pictured) Content Writer 111 Views You’re on-site before dawn, the framing crew’s ready, but the steel shipment’s stuck in limbo, the invoice isn’t approved, and your project management app just pinged you for the fourth time.
Yes, we have achieved greater normalcy in transportation. As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. The ride is uphill, but the visibility is low.
Supply chain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. Let’s break down these key components: Procurement: This is where it all begins.
The second is, Why are companies focused on traditional risk management investments primarily focused on supply/procurement when the more significant opportunity is balancing risk and opportunity in an increasingly complex world? When he speaks of the supply chain, he means procurement. This is his world.
Procurement teams continue to struggle with finding available suppliers and shipping capacity to enable supply chain responsiveness. The post Top 10 Metrics to Track and Manage Risk in the Supply Chain – Part 1 appeared first on Transportation Management Company | Cerasis. As a.read More.
Maersk, the world’s largest container shipping company, reported its best quarter in 117 years, posting a $5.9B Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Much of the inventory on the ships at sea will miss the essential seasonal windows. We are to blame.”
Frequent Freightvine podcast guest and Chainalytics’ VP of Transportation Kevin Zweier once again joins DAT’s Chief Scientist Chris Caplice to discuss the current state of transportationprocurement. What does it take to build a resilient transportation portfolio?
Depending on the nature of your business, your trading partners or your location, this could include procurement strategies, demand planning, logistics, and global trade management among others. Mastering Direct Spend Management Procurement teams generally do not report to the chief supply chain officer.
Simply using common calendar tools, such as Google, means you are using the IoT, but the Industrial Internet of Things (IIoT) leads to the use of connected, smart devices to reduce inefficiencies, delays, and inaccuracies throughout the product lifecycle, including procurement as well. Transportation Management. Warehouse Management.
Todays supply chains span thousands of miles, cross continents and oceans, rely on multiple modes of transportation, and involve many supplier tiers. Advanced digital software, enabled by artificial intelligence (AI) like the Blue Yonder Transportation Management solution are purpose-built to address the top causes of shipping delays.
Mark is the Chief Executive Officer off Princeton TMX , a SaaS-based transportation management system (TMS). About Mark McEntire Mark McEntire is the Chief Executive Officer at Princeton TMX, a SaaS-based transportation management system (TMS). Hunt Transport, Inc. in Transportation and Logistics from Arkansas State University.
OTR freight represents a long-standing aspect of supply chain operations and transportation management. M odern transportation networks and supply chains continuously adapt to market volatility and transitions. Download the White Paper: Over the Road Freight Management Trends.
Tesco and Walmart have announced procurement policies aimed at reducing carbon emissions and promoting sustainability throughout their extended supply chains. AI can integrate with procurement platforms, utility meters, logistics trackers and internet of things sensors to gather real-time data. Retailers are following suit.
Target Two-Day Shipping. Major online and big-box retailers, including Amazon, Target and Walmart, are targeting two-day delivery times, if not same day shipping or pickup. All existing warehouse, procurement and logistics systems should operate within the same omniscient system. The warehouse is only part of the product cycle.
However, the disconnect can also occur because the supply plan not only lacks sufficient granularity in modeling the constraints that occur in manufacturing, but the model is also not granular enough in its understanding of warehousing and transportation constraints. The same disconnect can happen in the warehouse and in transportation.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content