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Build Resilience in Volatile Freight Environments

FreightWaves SONAR

Aggressive pricing/cost savings strategies have contributed significantly to creating a sustained volatility in the domestic transportation market. From a shipper’s perspective, transportation is a cost center, and the exercise of sourcing trucking capacity is not much different than that of procuring raw materials for production.

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6 challenges facing medical device manufacturers and how ERP analytics can provide a cure

SYSPRO Smarter ERP

Challenge Three: Nurture procurement and supplier relationships ERP analytics ensures adherence to ethical standards and compliance with industry regulations, fostering transparency and accountability. Manufacturers can exercise better control over the return and exchange of items bought from suppliers, ensuring smooth operations.

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Flexibility in the Face of Uncertainty

Freightos

Most recently, the recent disruptions in the Red Sea that saw ocean freight rates from China to Europe by over 190% and saw transit times lengthen, sea-air services offered a strategic advantage for logistics professionals able to remain agile, by watching trends and jumping at opportunities to ensure a resilient supply chain.

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Freight Benchmarking: What Is It? Why Do It?

Logistics Bureau

At Logistics Bureau, we want to help you with that, so we’re publishing this brief guide to help you if you haven’t already included freight benchmarking in your management strategies or want to benchmark more effectively than you are now. Alternatively, you can procure access to a digital freight benchmarking platform.

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Supply Chain Management:Confluence of IT and Business Strategy.

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Discuss the latest trends and solutions across the supply chain management landscape. These forms key contributors to an effective transformation exercise. Business Process Outsourcing. Customer Service.

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Is logistics the ultimate conventional deterrent?

Logistics in War

The Royal Australian Air Force, now armed with the fifth-generation fighter and other impressive air capabilities guided by a wholesale transformation strategy – Plan Jericho, has recently debated the need for a joint strike capability. Logistics and strategy are inseparable, each meaningless without the other. By David Beaumont.

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COVID-19 Lesson: Make Your Supply Chain More Resilient

Logistics Bureau

Once this exercise is completed, your company can then assess the risk from tier-two suppliers onwards. The companies most likely to emerge strongly from the Coronavirus crisis are those that had diversified their operations and implemented multi-sourcing strategies. 2) Diversify Your Operations.