Turvo

AUGUST 31, 2021

With all the volatility that still lingers in the modern supply chain, the need for high-quality data analysis, solid procurement planning, good profit margins , and streamlined scheduling systems all remain crucial for shipping and transportation providers. Why Poor Visibility in Grocery Procurement Plans Lead to Big Issues.

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The Logistics of Logistics

APRIL 26, 2022

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 transportation management practice has 15 years’ experience in risk analysis and mitigation within the logistics industry.

Logistics Network Optimization Software 221

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FreightWaves SONAR

MARCH 15, 2021

Supply chain professionals responsible for transportation procurement at Fortune 500 companies focus on three things – budget forecast accuracy, service scores and primary tender acceptance. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions.

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GlobalTranz

SEPTEMBER 22, 2016

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?

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Transporeon

JANUARY 25, 2018

In the case of an Amway multivitamin, for example, the company controls the process “from seed to supplement,” transporting raw materials to manufacturing sites in the U.S., The company began searching for a better way to procure freight and manage bids. We needed very little support,” says Clark. “We

Negotiating Skills 48

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CLX Logistics

APRIL 26, 2019

Better ways to manage transport operations emerge, from how we plan and strategize, to how we ultimately execute and drive continuous improvement. For companies willing to embrace opportunities for improvement across the entire supply chain, here’s a look at the top transportation procurement and benchmarking trends.

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Logistics Viewpoints

AUGUST 8, 2022

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. Google maps would be an example of this kind of application. But shippers lack trucks.

Supply Chain Design Software 138

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GlobalTranz

FEBRUARY 27, 2018

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. Companies Will Seek New Ways to Use Technology in Procurement. The global supply chain creates many challenges and opportunities in procurement.

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GlobalTranz

SEPTEMBER 12, 2016

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. For example, transportation management often focuses on the journey of products after manufacturing. The Definition of Procurement Logistics.

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Trinity Logistics

OCTOBER 31, 2021

The term TMS is short for Transportation Management System. This technology allows companies to manage their transportation in one place. Transportation Management software offers you a way to view insightful data, gain visibility, and better manage all the moving parts in the shipping process. How much visibility do you have?into?your

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Logistics Viewpoints

OCTOBER 20, 2022

At the same time, a retailer whose product demand drops sharply has less need for transportation capacity and therefore tenders lower volumes to contracted carriers. The frequency of RFP events is only one area that can be improved as shippers look for a better way to manage freight procurement processes.

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Talking Logistics

MARCH 21, 2018

Tim Dalton, Director of Professional Services at BluJay Solutions , discusses the following questions and more in this timely and informative episode: Did the warning signs that emerged last year prompt many shippers to initiate a procurement engagement in 2017? Are more shippers putting their freight out to bid this year?

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Logistics Business Magazine

APRIL 21, 2022

New research shows that business is feeling the effects of inflation, geopolitical tension, port congestion and transportation costs in dramatically different and regionally specific ways, with those in South America and Africa facing a more negative business outlook. For example, 42.5% This compared to 19.9% for those in China, 27.5%

Cost Reduction 49

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CLX Logistics

JULY 14, 2023

In the complex world of chemical shipping and logistics , understanding the intricate dynamics of the National Motor Freight Classification (NMFC) and associated factors can significantly influence overall transportation spend for less-than-truckload (LTL) carriers and shippers.

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Talking Logistics

APRIL 9, 2018

As we say goodbye to Q1 2018, one of the predictions for this year has already come true: managing transportation operations has become more challenging and complex than ever due to tighter capacity and more demanding customer expectations. of Transportation rules making it harder for potential drivers to enter the pool.

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CLX Logistics

NOVEMBER 17, 2022

While no one solution can account for or prevent these disruptions, ensuring that you have complete, real-time transportation visibility for your shipments can vastly improve your shipping stability, speeds, procurement, and brokerage abilities. What is Transportation Visibility?

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ShipLilly

OCTOBER 26, 2021

It then becomes a sellers’ market where transport costs continue to rise as ship operators leverage their superior position. Reality of escalating transportation costs. For example, we know that Walmart and Home Depot have resorted to chartered vessels to ensure that their supply chain is not disrupted.

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247 Customs Broker

MARCH 26, 2018

I was having lunch with a friend of mine who had recently conducted a transportation sourcing event. At first, he didn’t like my honest response: “Jim, you’re using a commodity-oriented procurement process for selecting your carriers and third-party providers. By Mike Regan ·. March 26, 2018.

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Shipchain

NOVEMBER 15, 2018

Determining the total cost of transportation is essential to understanding your company’s profitability. Understanding the total cost of transportation means understanding the costs and factors affecting spend in each leg of the supply chain. When it comes down to it, accounting for the total cost of transportation is pretty complex.

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GlobalTranz

NOVEMBER 28, 2016

Editor's Note: Today's blog is by our great friend, Chuck Intrieri where he gives us a fantastic example of how Procurement and Suppliers can enhance Supplier Relations by navigating the "Battle of the Forms.". For example, in one Indiana case, Tyler Pipe Industries, Inc. Battle of the Forms: Will You Win, Lose or Draw?

Manufacturing Procurement 85

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Logistics Business Magazine

SEPTEMBER 7, 2023

So, where can AI in logistics transportation have the most impact? So, how AI can transform how companies utilise their data through autonomous procurement, real-time ETA tools and decarbonisation? Real-time ETA tools The disconnect between shippers and carriers has long been a challenge in the logistics transportation industry.

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Logistics Viewpoints

OCTOBER 10, 2022

in turn, is a boutique procurement consultancy. Professionals from procurement, compliance, logistics, sustainability, information-security and several other internal stakeholder all use the solution for different reasons. This intermediate step is more related to Procurement and supply chain transparency.

Supply Chain Planning Software 134

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Transporeon

FEBRUARY 26, 2017

So then why do logistics professionals go on using the wrong procurement tool? Why use the wrong procurement tool? My guess is that all of us – including logistics procurement professionals – are more comfortable with what’s familiar. So which tool is the right procurement tool? Which tool is the right one?

Optimal Sourcing 48

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GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. The start of any product or service is procurement, explains Jonathan Webb of Forbes Magazine , which refers to the obtaining of raw materials needed to create a product.

Manufacturing Procurement 65

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GlobalTranz

NOVEMBER 29, 2016

Editor's Note: Today's blog is the second part of Chuck Intrieri's series on how procurement and suppliers can avoid issues with their contracts. Procurement and suppliers often assume that small print is highly complicated legal jargon that is both boring and largely irrelevant.

Procurement Analytics 84

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Logistics Business Magazine

AUGUST 31, 2023

Freight procurement processes have always been noted for their high levels of complexity which increases exponentially during peak shipping season. These busy months demand operational efficiency, agile collaboration, proactive rate management, and a sharp focus on sustainability throughout the transportation management process.

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Blue Grace Logistics

MARCH 17, 2022

High priced diesel fuel impacts the total cost of transportation through fuel surcharges. How to help manage overall transportation costs. How high diesel prices may change future freight procurement strategies. High Fuel Costs Drive Up Transportation Costs Disproportionately. Keep Your Transportation Budget Intact.

Cost Reduction 62

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CLX Logistics

NOVEMBER 1, 2021

Today, countless US shippers face supply chain issues like driver shortages, capacity inefficiencies, government regulations, shrinking delivery windows, and rising transportation costs. In this blog, we’re looking at what managed transportation is, how it works, and its key benefits. What Is Managed Transportation?

Optimal Sourcing 40

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GlobalTranz

JULY 30, 2018

Blockchain is entering a phase of development that will affect every aspect of supply chain and logistics management, ranging from procurement to forward logistics and beyond. Staying Competitive Will Demand Blockchain Use Blockchain is among the most dramatic developments in the modern world.

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Logistics Viewpoints

OCTOBER 3, 2022

In warehouses, for example, one solution is labor management. For example, the auto industry embraced risk management after the nuclear disaster at Fukushima. For example, the auto industry, which lost billions because of the semiconductor chip shortage, had suppliers that could not get the chips they needed for their products.

Supply Chain Software 172

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Logistics Bureau

NOVEMBER 23, 2020

Transportation Management Solutions (TMS). By integrating AI technology, new platforms are enabling companies to streamline their transportation systems and cut the costs of freight. Procurement Communications. The best-known examples are the deployment of robots and automated guided vehicles (AGVs) in the warehouse.

Supply Chain Planning Software 107

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Logistics Viewpoints

AUGUST 22, 2023

Nine years ago, my company FourKites pioneered the market for real-time transportation visibility. We’re currently on the cusp of a big incremental change in the industry’s transformation journey, as the value of real-time supply chain data is increasingly being felt far beyond transportation logistics.

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Logistics Bureau

MAY 30, 2022

For example: Alignment of strategy and cost leads to happy shareholders. As an example, let’s say that as a part of its customer service promise, your company guarantees its customers that they will receive their orders within 24 hours. Costs associated with transportation. Procurement costs.

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Logistics Viewpoints

OCTOBER 2, 2023

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.

Supply Chains 131

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Transporeon

APRIL 4, 2018

Sustainable transport: What are the choices for shippers? Why is sustainable transport such an important issue? More and more companies are therefore aligning their entire supply chain with sustainability criteria – right through to transport logistics. So many transport journeys continue to be handled by road.

Optimal Sourcing 54

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Logistics Business Magazine

NOVEMBER 30, 2023

Efficio, a global procurement and supply chain consultancy, is working with business leaders to do just that – turning attention to the supply chain to make the biggest impact on ESG. Supply chains are most organisations’ largest source of emissions, and procurement can and should be the engine for change.

Supply Chain Software 49

Supply Chain Software Supply Chains Sourcing Strategies Procurement 49

Logistics Business Magazine

MAY 8, 2019

Businesses failing to use procurement specialists to ensure they get best value from Third-Party Logistics suppliers (3PLs) are potentially losing millions, according to the latest research from UK supply chain and logistics consultancy SCALA. SCALA’s research went on to show the positive impact good procurement has when used effectively.

Negotiating Skills 28

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