Sat.Feb 15, 2020

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Major Pitfalls for Effective Procurement Practices

SIPMM Professional Publications

Successful procurement strategy benefits are usually derived from adequate and efficient procurement procedures that achieve cost optimizing that meet user requirement. Satisfactory procurement activities are resulted in three major advantages: (1) cost savings, (2) product effect, and (3) technology development commitment. Supplier partner management should be customized to those principles that are aligned with the […].

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Why diesel prices will go up

Truck News

For most of 2019, I warned (admonitum) of the impending tidal wave of diesel price spikes that would begin with the activation of the International Maritime Organization (IMO) 2020 rule. Months before the Jan.

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Effective Tender Practices for the Oil and Gas Sector

SIPMM Professional Publications

The world’s dependence on oil and gas is increasing as global economic and infrastructure continue to rely heavily on petroleum-based products. According to market research by IBISWorld, the total revenues for the oil and gas sector came to $2 trillion in 2017. As the demand continues to grow, we will see more companies exploring new […]. The post Effective Tender Practices for the Oil and Gas Sector appeared first on SIPMM INSTITUTE.

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Importance of Picking a Forwarder that Is C-TPAT Certified

Dedola Global Logistics

When you’re choosing a freight forwarder, safety is an essential factor to consider. To guarantee that you are making the best (and safest) choice in your forwarder, opt for a C-TPAT certified forwarder. This certification is part of the U.S. Customs and Border Protection (CBP) initiative to regulate goods coming in and out of the country, specifically across borders.

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Artificial Intelligence and the Transportation Industry

Artificial intelligence has quickly become a feature of everyday life: Using face ID to unlock a phone, communicating with online chatbots, and letting “smart” appliances help manage our homes are just a few of the ways that we interact with AI regularly. Forward-looking businesses are also using AI to transform their operations and gain a competitive edge.