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7 ways technology augments effective procurement in the shipping industry

FreightWaves SONAR

Load capacity limits play a crucial part in a supply chain network organization, logistics metrics management, and procurement in the shipping industry. Freight management parties need to understand why procurement falters without technology and how technology can boost sourcing across all industries.

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Why Strategic Partnerships Enable OTR Freight Management

GlobalTranz

OTR freight represents a long-standing aspect of supply chain operations and transportation management. One of the most critical aspects of strong OTR freight management and operations is proper carrier collaboration and partnerships. Download the White Paper: Over the Road Freight Management Trends.

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The State of the Trucking Market in 2021

GlobalTranz

Download the White Paper: Over the Road Freight Management Trends. A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. A stimulus payment can provide an infusion of capital for use among owner operators and customers. Why Strategic Partnerships Enable OTR Freight Management.

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Manufacturing Supply Chain Constraints and How to Overcome Them

FreightWaves SONAR

Managing the manufacturing supply chain and freight markets of today requires skills, tools, applications and services that have never been utilized in the past. Download the White Paper. Knowing when it’s time to revisit bids and renegotiate contracts is critical for procurement and intervention management.

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.

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5 shipping trends for 2021 for carriers to know

FreightWaves SONAR

And demands for 2021 already reveal strife in procurement in the shipping industry and visibility through all operations, including carrier troubles. Download the White Paper. For those trying to obtain freight procurement, says Uber , volatility is the name of the game.

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Successful Product Innovation Requires Supply Chain Insight

Material Handling and Logistics

In most companies, supply chain leaders are considered executors of innovation strategies, focused on optimizing costs and improving operational efficiencies once such strategies have already been determined.”. “A It also outlines nine best practices to ensure that new product initiatives increase value.