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In a survey we conducted in October 2020, 91% of our Indago supply chain research community members, who are all supply chain executives from manufacturing, retail, and distribution companies, either Agreed or Strongly Agreed that the time had come to transform the traditional transportationprocurement process.
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.
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.
Speaker: Adam Robinson, Director of Marketing, Cerasis
We’ll address how automation in the supply chain will provide employees with the following: More Strategic Procurement. Improved Supplier/Vendor Management (Automated buying on an e-commerce website for repeat orders, automated freight pickups for inbound delivery, automated tracking alerts).
Read more The Unintended Consequences of Inconsistent Freight Procurement. The post The Unintended Consequences of Inconsistent Freight Procurement appeared first on Talking Logistics with Adrian Gonzalez.
That’s a lyric from one of my favorite Oingo Boingo songs, and I think it perfectly describes the world of supply chain management — and the transportation market in particular, which has taken many turns over the past few years. Read more The post How Shippers Can Uplevel Their Real-time TransportationProcurement Strategies?
Making changes that promote effective inbound logistics management can have a significant impact on your organization’s procurement department and team members. The post How More Effective Inbound Logistics Management Improves Procurement in the Supply Chain appeared first on TransportationManagement Company | Cerasis.
Many companies are getting ready for (or perhaps have already completed) their annual transportationprocurement engagement. But has the time come to transform the transportationprocurement process? Read more TransportationProcurement: Finding an Alternative.
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. Conducting annual procurement exercises.
Vetting 3PLs and transportationmanagement 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.
That supply planning application needs to be integrated into an array of internal systems ERP, transportationmanagement, warehouse management, procurement, and other applications. Often the core planning is done by a supply planning solution that creates a digital map of a companys supply chain.
It is one reason experts on logistics are following the autonomous freight truck market and new approaches to freight procurement closely. Michelle Sodomka, a Senior Director in charge of Open Sky Group ’s transportationmanagement practice has 15 years’ experience in risk analysis and mitigation within the logistics industry.
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 can utilize their own network of carriers that is kept in their transportationmanagement system. Emerge is that kind of company.
Transportationmanagement is no longer a tactical approach to simply moving freight and doing it at the lowest possible cost. 10 Tips to Remain Competitive and Have an Effective TransportationManagement Strategy. 10 Tips to Remain Competitive and Have an Effective TransportationManagement Strategy.
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. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Brexit Will Continue to Cause Disruptions in Procurement.
The post Strategies, Tips, and Pitfalls of Modern TransportationProcurement appeared first on Logistics Viewpoints. These changes impact shipping lanes, volumes, cost, driver satisfaction, turn over – all of the things that naturally […].
Ryan is the Co-founder and CEO of GoodShip , an all-in-one platform for supply chain analytics, carrier management, and transportationprocurement About Ryan Soskin Ryan Soskin is a 13 year logistics veteran and three time startup unicorn alum with a long history in freight tech. years and a $1.8B
This is especially true when outsourcing transportationmanagement, as transportation can include a large part of your overall supply chain and business costs. Consider the many shippers who have outsourced transportationmanagement and other logistics functions to third-party logistics (3PL) providers the past few years.
Implementing proven procurement processes for oilfield trucking. Utilizing sand and production water transportation solutions. The post Big Data and Analytics for Oil and Gas Transportation appeared first on Talking Logistics with Adrian Gonzalez. Click on the Sign Up button above or HERE to join the conversation!
So, what is a TMS and what is the scope of its … The post Today’s TransportationManagement Systems: Your Mileage May Vary! Though intended for the same job, no two implementations are alike, and one system will not always address all needs. appeared first on Chainalytics.
Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities This supply chain article provides a comprehensive overview of the procurement department within an organization. Read In Detail About Procurement Department Here 2.
Why is consistency important, Read more [Video] The Unintended Consequences of Inconsistent Freight Procurement. The post [Video] The Unintended Consequences of Inconsistent Freight Procurement appeared first on Talking Logistics with Adrian Gonzalez.
Shipment planning and execution capabilities that can be used to optimize shipments in real time, route freight, track carrier rates, manage the inbound flow of goods and integrate with the dozens, if not hundreds, of possible vendor platforms. Transportation optimization is part of enabling proactive supply chain management.
I am wrapping up my TransportationManagement Systems market study which looks at the total size of the market, the forecasted growth through 2025, and the leading suppliers across a number of categories including industry, region, and customer size. Transportationmanagement systems include 2 types of solutions.
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. Increasingly, as we work with procurement folks at these companies, we are hearing that technology for better communication and to create more efficiency.
Brian Reed, VP Global Supply Chain Optimization at GEODIS, discusses procurement in the digital age. Podcast version (click to play): The post [Video] Procurement in the Digital Age appeared first on Talking Logistics with Adrian Gonzalez. Podcast version (click to play):
Many different terms, such as less-than-truckload (LTL), procurement and transportationmanagement, describe supply chain management processes. For example, transportationmanagement often focuses on the journey of products after manufacturing. The Definition of Procurement Logistics.
Mark is the Chief Executive Officer off Princeton TMX , a SaaS-based transportationmanagement system (TMS). About Mark McEntire Mark McEntire is the Chief Executive Officer at Princeton TMX, a SaaS-based transportationmanagement system (TMS). in Transportation and Logistics from Arkansas State University.
SCMDOJO Academy elevates your procurement and supply chain skills through its extensive course library. Mastering Procurement – Essentials Skills and Competencies Mastering Procurement by Maryna Trepova is the ultimate Procurement and Purchase Management course for Engineers, Entrepreneurs, Managers, and Students.
The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. So, why do supply chain managers not take advantage of this data with respect to procurement?
Meanwhile, customers’ procurement operations were seeing a new generation of talent come of age who were pushing for better value-added services and shipment visibility. Uber Freight procurement events now require that the selected carriers be able to provide visibility to shipment status.
However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. Take Advantage of Cloud-Based Analytics for Better Warehouse Management and Forecasting. Cloud-based systems offer many benefits throughout the procurement supply chain, reports Procurious HQ.
The current state of automation–Customer Relationship Management, Marketing Management, Revenue Management, Supplier Relationship Management, and TransportationManagement–automates decisions within a function but does not enable the seamless flow of data and information organizations to improve organizational outcomes.
There has been a lot of discussion the past couple of years about digital transformation, which is impacting all aspects of supply chain management, including procurement. What’s new and different with procurement in this digital age? How can external partners help companies achieve excellence in procurement?
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? Which gets me to the question, “What is supply chain management? This is his world.
As a third-party logistics company focused on over the road transportationmanagement, and having an LTL rating engine and web-based TMS for nearly 20 years (web-based even before Google!), at Cerasis, we know a thing or two about the nuances of LTL procurement. LTL procurement is something we do very well.
This white paper, “The Top Supply Chain Trends that will Impact Supply Chain Management in 2018” is the second in our overall industry trends white paper series.
Network analytics – A good example of this occurs with public cloud transportationmanagement systems (TMS). There are Five Distinct Types of SCCN Solutions. Similarly, third party information on the financial health of suppliers or information on supplier environmental, social and governance practices can be very helpful.
The shift began, and in procurement we saw an increase in bid activity that has continued into 2019. TransportationProcurement: Things to Keep in Mind. Today, whether you’re managingprocurement events or working with a partner that manages the service on your behalf, here are some things to keep in mind.
We’re sharing seven best practices to improve OTR transportationmanagement, enabling shippers to stay competitive in the face of disruption. Analytics provides visibility into your transportation network and operations. report that the pandemic is accelerating the automation of the procurement process. Forecast Demand?with?Analytics.
Read more The post [Video] Discussing the Lessons Learned in TransportationProcurementManagement appeared first on Talking Logistics with Adrian Gonzalez.
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. Warehouse Management. TransportationManagement.
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