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.

Optimal Sourcing 98

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FreightWaves SONAR

MAY 14, 2024

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. Shippers have the strongest leverage at this point and can do themselves a favor by making sure they are procuring transportation at a sustainable price.

Price Reduction 52

Price Reduction Material Savings Cost Reduction Sourcing Strategies 52

CLX Logistics

APRIL 26, 2019

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. The good news is, shippers have more access to data than ever before, which brings us to trend number two. Taking an Integrated Approach to Transportation.

Optimal Sourcing 46

Optimal Sourcing Negotiating Skills Procurement Cost Reduction 46

FreightWaves SONAR

APRIL 1, 2021

Many LTL industry trends, including capacity limitations, increasing accessorials, surcharge rates, changes in market trends and buying patterns, are almost certain to continue through 2021 and for some time to come. In this example, the shipping rate would be based on the DIM pricing weight of eight pounds.

Negotiating Skills 98

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EazyStock

DECEMBER 17, 2019

Intro to 2020 Supply Chain Management Trends. Throughout the last decade, the main trends were digitization and globalization. 2020 supply chain management trends will further these shifts. 2020 supply chain management trends will further these shifts. Greening” the Supply Chain.

Supply Chain Software 81

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CLX Logistics

NOVEMBER 13, 2023

Lutton delve into the integration of cutting-edge technologies advancing analytics into traditional supply chain models, like CLX Lanelogix — the chemical industry’s premiere benchmarking, bidding, and procurement tool.

Supply Chain Software 77

Supply Chain Software Resource Reduction Cost Reduction Optimal Sourcing 77

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.

Manufacturing Procurement 101

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 101

FreightWaves SONAR

APRIL 4, 2024

Recognizing the collective significance of market conditions across KMAs at any given time, logistics professionals can devise strategies that accommodate the diverse nature of these areas, ensuring efficient and effective freight procurement and management. Curious about how KMA trends can inform an effective supply chain strategy?

Supply Chains 52

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GlobalTranz

FEBRUARY 6, 2017

Aside from the new administration, Amazon’s supply chain continued push deeper into new and existing markets will define additional trends in the supply chain throughout the coming year. Fortunately, these five trends may alleviate some of the strains of competition by giving supply chain partners an advantage in the global market.

Supply Chain Planning Software 73

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GlobalTranz

JANUARY 16, 2018

Supply chain executives need to take a few moments to learn more about the top 2018 manufacturing trends that will make it possible. Check Out the Top 2018 Manufacturing Trends. Reshoring is expected to be a major driving force and one of the most important of the 2018 manufacturing trends. The concept of reshoring is simple.

Manufacturing Procurement 86

Manufacturing Procurement Price Reduction Cost Reduction Waste Reduction 86

Logistics Bureau

OCTOBER 1, 2018

Call it a cop-out if you like, but predicting which logistics and supply chain trends will make a difference to businesses in any given year has become notoriously difficult, given the speed at which technology in particular, can suddenly disrupt the way things are done. 2018 Update: How Did the Trends Progress?

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Logistics Viewpoints

OCTOBER 3, 2022

In warehouses, for example, one solution is labor management. The trend toward automation has never gone away. For example, the auto industry embraced risk management after the nuclear disaster at Fukushima. And many are adding supplier risk management duties to the sourcing tasks performed by their procurement managers.

Supply Chain Software 172

Supply Chain Software Supply Chains Sourcing Strategies Optimal Sourcing 172

247 Customs Broker

JUNE 13, 2018

Titled, “Rough seas ahead for procurement,” the paper notes that traditional business models of many industries are being disrupted by technological innovation, putting a cap on the ability to pass price increases on to consumers. The post Rough seas ahead for procurement, says AlixPartners appeared first on 247 Customs Broker.

Manufacturing Procurement 28

Manufacturing Procurement Optimal Sourcing Procurement Purchasing Skills 28

GlobalTranz

FEBRUARY 13, 2017

Fortunately, your organization can get ahead of the learning curve by knowing what trends in logistics to watch for this year. The Top 6 Trends in Logistics Impacting Shippers in 2016. According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025.

Resource Reduction 82

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GlobalTranz

JANUARY 18, 2017

Let’s take another look at how procurement, computing power, industry 4.0, cyber security, advanced robotics and automation became top priorities for research, development, and implementation throughout the past year’s operations in the manufacturing industry. . In other words, some manufacturers continue to resist the trend.

Manufacturing Procurement 58

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SYSPRO Smarter ERP

MAY 10, 2022

This should also integrate with inventory management and procurement so that goods are ordered in time and there is visibility over stock items. By using business analytics tools in the forecasting process, the quality of forecasts can be assessed and trends analyzed.

Manufacturing Procurement 111

Manufacturing Procurement ERP Procurement Solutions Optimal Sourcing 111

Logistics Viewpoints

MAY 3, 2023

Second, as supply chain disruptions become more commonplace, what are the major trends SDI is seeing? Whilst they are classed as indirect purchases, this procurement category plays an essential role in day-to-day operations. For example, for parts that would typically arrive in five days, you might get a lead time of five weeks.

Supply Chain Design 100

Supply Chain Design Supply Chains Scenario Planning Procurement Solutions 100

Talking Logistics

APRIL 9, 2018

We began by talking about current trends in the trucking industry. Jim’s third point was very interesting: he’s seeing more shippers and logistics service providers obtaining their own assets or using more dedicated fleets as a way to deal with capacity issues, and he expects this trend to continue. Integrated Procurement and TMS.

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Logistics Viewpoints

JANUARY 4, 2023

This shows that e-commerce sales have been growing at a rapid and persistent rate in the US, and is likely similar to that of trends in many other countries as well. For example, there is a limited supply of logistics service providers with the desired capabilities in China, compared with a rapidly growing e-commerce market.

Supply Chain Software 154

Supply Chain Software Automation Supply Chain Planning Software Purchasing Skills 154

CLX Logistics

JULY 26, 2021

Here are the main features of modern supply chain analytics solutions and services that help shippers optimize freight procurement, bidding, and benchmarking. Next-generation supply chain management tools like CLX LaneLogix are a perfect example of the type of system. Procurement Event Strategies. Chief among them was COVID-19.

Material Savings 40

Material Savings Sourcing Strategies Cost Reduction Inventory Reduction 40

Freightos

NOVEMBER 7, 2023

More Resources Home November 7, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.

Negotiating Skills 114

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Log-hub

APRIL 20, 2023

Sustainable transport solutions, better-utilized vehicles, and the appropriate digital tools are making sustainability a real-time need, not just a trend. If you are for example in the chemical or tobacco industry, the green direction seems a little bit farther on the road, doesn’t it?

Supply Chain Planning Software 52

Supply Chain Planning Software Material Savings Resource Reduction Cost Reduction 52

SYSPRO Smarter ERP

NOVEMBER 30, 2021

It provides the facility to analyze forecasting errors, share data between departments such as procurement, identify sales trends and seasonality. Suppliers can then use your forecast to refine their own production and procurement plans. Stay Agile, Get Ahead.

Supply Chain Planning Software 105

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Logistics Business Magazine

MARCH 27, 2023

The affiliated companies, for example, contributed the lion’s share of EUR 30 million to the total increase in turnover of EUR 45.46 As an example, Sander mentions the development of full load transports with the integration of permanent carriers at the Düsseldorf location, which is developing rapidly.

Cost Reduction 63

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Logistics Bureau

APRIL 4, 2022

Improved ability to predict and manage trends: After you’ve spent a while working with freight benchmarks, you’ll get a feel for the directions of seasonal rate fluctuations and other pricing trends. It will also make it easier to determine, for example, if you should opt for contract rates over spot rates or vice versa.

Negotiating Skills 82

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Logistics Business Magazine

NOVEMBER 24, 2023

Ralf Duester, board member of the Bochum-based SCM software specialist Setlog, shows which trends will be important in 2024. At a glance: The top ten SCM trends in 2024 1. Open-source software is increasingly convincing In detail: The ten most important SCM trends in 2024 1. Skilled labour shortage forces action 2.

Supply Chain Planning Software 61

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Logistics Viewpoints

MAY 6, 2022

The company has faced sourcing constraints as a result of the war in Ukraine, causing the company to rely on second sourcing capabilities for its mustard procurement. west coast, according to Germany-based Container XChange, a technology firm which tracks container movement trends worldwide.

Manufacturing Procurement 132

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Talking Logistics

AUGUST 8, 2017

If you had to boil down the critical factors or attributes that define a best-in-class procurement-to-delivery operation, what would those factors be? Can you give some examples of how enhanced visibility leads to improved operational performance?

Optimal Sourcing 60

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FreightWaves SONAR

JULY 24, 2023

For example, according to Global Trade Magazine , “One critical factor that executives should monitor closely is logistics management. This sector covers important activities relating to procurement, transport, and storage of goods. The costs of logistics as a ratio of total expenses are too significant to ignore.

Cost Reduction 105

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Freightos

JANUARY 15, 2024

For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began. It converged with a trend of both airlines and ocean liners investing far more heavily in their fleets over the past fewyears.

Negotiating Skills 115

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 115

CLX Logistics

JUNE 27, 2023

Despite fluctuations in intermodal rail volumes, chemical rail shipments have remained relatively steady over the past few years and will continue this trend in the foreseeable future. CLX Logistics, for example, possesses a deep understanding of regulatory requirements and railroad operations.

Optimal Sourcing 52

Optimal Sourcing Negotiating Skills Optimization Software Logistics Network Optimization Software 52

Logistics Viewpoints

JUNE 20, 2022

China, for example, only produces 14% of their total units, only 3% of those units end up being exported to the United States and 2% to EMEA. Much of the world’s fabric is produced in Asia, for example. COVID accelerated a long-term trend toward consumers buying more goods online. COVID adversely affected many multinationals.

Supply Chain Planning Software 126

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Logistics Viewpoints

DECEMBER 5, 2022

The 2010 Eyjafjallajökull volcano eruptions in Iceland, for example, caused enormous disruption to air shipments across Western Europe. The planners could choose to switch cargo from a slow-moving ship to air, for example. That increases the value of the analytics used by the procurement team. Keys to Success.

Supply Chain Planning Software 117

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Logistics Viewpoints

AUGUST 22, 2022

As an example, instead of deli meats at higher price points, customers are increasing purchases of hotdogs as well as canned tuna or chicken.” One example is the VizPick technology that we’ve rolled out to our associates across U.S. We’re achieving significant savings in the procurement of goods.”

Supply Chain Planning Software 114

Supply Chain Planning Software Supply Chain Software Supply Chains Purchasing Skills 114

Logistics Bureau

AUGUST 20, 2019

This article delves into the changes that new commercial business models, customer expectations, and technology are bringing about in the logistics environment, focusing particularly on how those changes are impacting the planning, procurement, design, layout, and operation of distribution centres. Changing DC Designs and Layouts.

Supply Chain Design Software 48

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FreightWaves SONAR

MARCH 22, 2021

And as reported by Supply Chain 24/7 , “Leveraging technology, shippers are able to see regional trends and specific lane cost information, as well as driver preferences, while carriers have access to details like loading/unloading times and lane history data.” Traditionally, risk is associated with negative outcomes and conditions.

Data 98

Data Negotiating Skills Freight Resource Reduction 98

Trinity Logistics

JANUARY 14, 2022

If one were to look simply at the volume and tender rejection trends ( Figure 1.1) , it would be easy to assume that rates would begin to decrease. While it has decreased, it remains almost $3,000 higher to procure a container versus the cost to rent a container heading to the west coast. RATES STILL RISING.

Freight 62

Freight Video Procurement Scenario Planning 62