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Freight Procurement is a Different Game

Logistics Viewpoints

That processing event determines when the goods need to be delivered to the next stop. The moves span inbound, intracompany, and outbound shipping. It was quickly determined that a procurement event was necessary just to set a baseline. Procurement ran a request for proposal event. This made the data analysis easier.

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Inbound supply chains subject to growing disruption

Automotive Logistics

Recorded incidents last year – typically factory fires, hurricanes and labour strikes – increased by more than 30% compared with 2016 to reach 1,699 , affecting 5,585 suppliers across 10,809 sites, according to the analysis. The post Inbound supply chains subject to growing disruption appeared first on Automotive Logistics.

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Mastering Profitable Omni-Channel Logistics, Despite Disruptions

Logistics Viewpoints

The answer lies in identifying supply chain disruptions — from a big event, like a port closure, to smaller day-to-day performance exceptions — at the earliest possible moment. As disruptive events occur along the digital thread, the entire organization can act in a fluid, connected manner to optimize costs, service levels and other outcomes.

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The American trade imbalance and port congestion

Shipping and Freight Resource

Bureau of Economic Analysis, the American trade deficit on goods and services went up 4.2%, rising from $70.3 The theory is that as long as the demand for import goods continues, there will be no let up on import volumes, which keeps the inbound freight rates into the US at high levels. As per stats released by the U.S.

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Connecting the Dots: The Game-Changing Benefits of Supply Chain Visualization

Log-hub

Disruptions in Supply Chain : As a result of the lack of visibility, businesses risk losing control over the inbound supply network. By providing real-time insights into potential disruptions like weather events or geopolitical issues, companies can implement contingency plans and minimize the impact of disruptions on the supply chain.

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Connecting the Dots: The Game-Changing Benefits of Supply Chain Visualization

Log-hub

Disruptions in Supply Chain : As a result of the lack of visibility, businesses risk losing control over the inbound supply network. By providing real-time insights into potential disruptions like weather events or geopolitical issues, companies can implement contingency plans and minimize the impact of disruptions on the supply chain.

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SONAR Indices & Insights: Improve Freight Shipping Procurement with SONAR SCI’s Lane Acuity Plus

FreightWaves SONAR

In the screenshot above, you can see that the outbound and inbound stability show scores of 29 out of 100 and 21 out of 100, respectively. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions. Carriers will be able to see inbound and outbound stability on specific lanes.