Russians drop US dollar for components purchases

Automotive Logistics

“I cannot tell exactly whether our producers have switched today to purchases in local currencies, because the number of our producers is too many. The post Russians drop US dollar for components purchases appeared first on Automotive Logistics.

How small companies can benefit from group purchasing organizations

Fleet Owner

One way for small companies to increase their profitability is to join with others to leverage their buying power in similar products and services to achieve discounts they would not qualify for on their own

Trending Sources

The benefits of eliminating dark purchasing

Fleet Owner

There are a variety of reasons why dark purchasing flourishes within an organization, including decentralization, lack of visibility and a dependence on manual systems

Best Egg Will Broaden to Financing Purchases in 2018

Cerasis

EXCLUSIVE—Marketplace lender Best Egg will move towards financing consumer purchases, including home improvements, as it looks to expand in 2018, the company told Bank Innovation.

Michael Druml takes on purchasing role at Magna

Automotive Logistics

Michael Druml (pictured) has taken over as vice-president of purchasing for Magna International Europe replacing Klaus Iffland, who has retired from the company. Here he oversees purchasing, along with managing supplier quality, logistics, materials handling, customs and distribution.

Slaughter takes over in purchasing at Ford of Europe

Automotive Logistics

Sue Slaughter (pictured) has taken over as director of purchasing at Ford of Europe, following the departure of Alan Draper, who has retired from the carmaker. Slaughter has a long history of purchasing roles at Ford, having started there in 1987.

Purchasing Index Shows Manufacturing Slows to a Nine-Month Low

Material Handling and Logistics

Manufacturing Purchasing Managers’ Index slowed to 54.7 The seasonally adjusted IHS Markit U.S. in August, down from 55.3 in July. This is the weakest improvement since last November. The slowdown was expected by economists surveyed by Bloomberg.

Two factors that feed dark purchasing in your company

Fleet Owner

Dark purchasing doesn't just happen. There are things within your organization that allow dark purchasing to flourish

U.S. ports want tariff exemption on purchases of Chinese-built cranes

DC Velocity

AAPA also seeks exemptions on other types of container-handling equipment. Transportation

James Kemball purchases two Kalmar reachstackers

The LoadStar

Container transport operator James Kemball has purchased two Kalmar DRG450-65S5 reachstackers for its new multi-million-pound loaded container storage depot at the Port of Felixstowe. The post James Kemball purchases two Kalmar reachstackers appeared first on The Loadstar.

Two factors that feeds dark purchasing in your company

Fleet Owner

Dark purchasing doesn't just happen. There are things within your organization that allow dark purchasing to flourish

YRC making ‘solid progress’ in Q2 but purchased transport costs drag down earnings

Logistics Management

YRC, which controls long-haul YRC Freight and LTL regional carriers New Penn, Reddaway and Holland, reported a slight dip in second quarter net income of $14.4 million on $1.33 billion revenue, compared with net earnings of $19 million on $1.26 billion revenue in the year-ago quarter

Kenworth offers $1,000 off to OOIDA members on sleeper truck purchases

Fleet Owner

Kenworth and the Owner-Operator Independent Drivers Association (OOIDA) have teamed up for the 16th consecutive year to provide a $1,000 savings to OOIDA members on qualifying purchases of new Kenworth sleeper trucks in 2018.

DP World’s ‘one-stop shop’ ambition via purchase of Unifeeder is ‘a risky strategy’

The LoadStar

The rationale for the global port operator’s proposed $765m purchase of North Europe’s leading feeder and domestic container carrier from private equity group Nordic Capital has had analysts scratching their heads for the definitive synergy advantage ever since. The post DP World’s ‘one-stop shop’ ambition via purchase of Unifeeder is ‘a risky strategy’ appeared first on The Loadstar.

Schick to head production, logistics and purchasing at Schaeffler next month

Automotive Logistics

Andreas Schick is to become chief operating officer (COO) of tier one provider Schaeffler, responsible for production, logistics and purchasing, from April 1st this year.

Bolloré Logistics expands in Scandinavia with purchase of Denmark’s Global Solutions

The LoadStar

The French shipping and logistics conglomerate said the purchase was part of a major drive to expand its presence in Scandinavia and develop trade with Bolloré operations in other regions of the world.

Schick to lead Schaeffler’s production, logistics and purchasing from next month

Automotive Logistics

The post Schick to lead Schaeffler’s production, logistics and purchasing from next month appeared first on Automotive Logistics. Andreas Schick is to become chief operating officer (COO) at the supplier of components and systems for engines, transmissions and chassis.

The Unique Needs of the Consumer Goods Sector

Blue Grace Logistics

Others make their purchase in-store after engaging in online comparison shipping. In-store purchasing remains strong, but there is more choice for the consumer. Almost everything we touch or consume or use in society is a consumer good. Bicycles, refrigerators, jewelry, clothing, etc.

UPS to expand smart logistics network and purchase cargo jets

247 Customs Broker

The company intends to invest up to $7bn in the next three years to build and overhaul facilities, in addition to purchasing new aircraft and ground fleet vehicles. The company has placed an order to purchase 14 Boeing 747-8 cargo jets and four new Boeing 767 aircraft to provide additional capacity, helping to meet growing demand from the customers for its air services. The post UPS to expand smart logistics network and purchase cargo jets appeared first on 247 Customs Broker.

KAR looks toward future of fleet management with purchase of Stratim

Fleet Owner

"The winners in mobility could really take a page from the freight world." - Sean Behr, Stratim founder and president

Deutsche Post DHL Group | Jun 13, 2018: DHL Express reveals purchasing habits of online shoppers

247 Customs Broker

DHL helps sellers navigate an increasingly international landscape, in which 70% of online buyers made a purchase from an international site in 2017, up 6% from a year earlier. “‘Where Everything Clicks’ reveals purchasing habits of online shoppers, including always important delivery preferences, and shows merchants how to use this information to increase sales.

CMA-CGM To Purchase U.S.Lines

Blog on Log

Lines is set to become the latest small-scale carrier to join France's CMA CGM Group after the Marseilles company announced today that a takeover agreement has been reached. Financial details of the deal were not disclosed. Lines was established in November 2003 after Ed Aldridge, a former APL and Sea-Land executive, and other managers bought the famous brand. The original U.S. Lines run by Malcolm McLean ceased trading in 1986.

Tendering Techniques for the Hotel Industry

SIPMM Professional Publications

Purchasing refers to the process of ordering and receiving goods and services. Generally, purchasing refers to the process involved in ordering goods such as request, approval and creation of a purchase order record and ultimately the receipt of goods.

Opportunities grow as China opens its market

Automotive Logistics

Within five years, full equity restrictions will be lifted and China’s automotive market will open to global competition, which is an opportunity for the country and for the industry as a whole,” said Cai Jin, vice-president of the China Federation of Logistics and Purchasing, on the first day of the conference in Chengdu. The automotive industry is growing in line with that first quarter rate at 6-7%, a hard-won result given the increase in the purchase tax rate from 7.4%

Blockchain in the Supply Chain?

Logistics Management

Smart Contracts & Purchase Order Management

Effective Procurement and Key Performance Indicators

SIPMM Professional Publications

Procurement includes all purchasing functions that pertain to obtaining goods, works and services including […].

Techniques for an Effective Global Sourcing Strategy

SIPMM Professional Publications

According to purchasing and procurement professionals, companies should be able to source both inside and outside their national borders. Global sourcing refers to seeking goods and services beyond one’s borders, i.e., from the global market.

Rethinking The Core Carrier Strategy - Too Many Eggs in One Basket?

10xLogistics

On one end is full " auction " type purchasing where you put everything out to bid, almost constantly, and let the market adjust the prices. Amazon.com core carrier purchasing strategy sole sourcing strategy transportation USPSThere are two sides of a continuum in procurement strategies for transportation. On the other end is single sourcing where you don't bid anything and you partner with a core company. Close to sole sourcing is a strategy called " core carrier ".

Freight broker GlobalTranz sold to private equity firm Jordan Co.

DC Velocity

Firm purchased from investor consortium. Transportation

5 Ways 3PL Sales Has Changed and What You Can Do About It with Ann Holm

The Logistics of Logistics

05:51 – #2: Purchasing professional’s involvement. Worldview of customer is often shaped by purchasing process. Download the audio file.

3PL 85

Choosing a Warehouse Location: 7 Critical Criteria to Consider

Cyzerg

Leasing or purchasing a warehouse is a major decision, and a wisely located warehouse can significantly enhance a company's ability to compete and effectively serve customers.

What are buyers looking for in a WMS?

DC Velocity

New research offers insight into what distribution and supply chain professionals want when they go to purchase warehouse software. Technology

Orbis acquires Hinkle Manufacturing

DC Velocity

Move is Orbis' second purchase of automotive-industry dunnage provider in a month. Material Handling

Your Customers Buy Like You

The Logistics of Logistics

Imagine you are making a big purchase, something that you need to think about a little bit – something like a house, car, vacation, or college. They are going online and finding experts who give them insights and knowledge they need to make the right purchase.

Private equity firm Jordan Co. strikes again with two more logistics deals

DC Velocity

Moves come on heels of GlobalTranz purchase last week. Company acquires Load Delivered Logistics, Logistical Labs in 24-hour interval. Transportation

21st Century Sales Skills

The Logistics of Logistics

Have you ever been to place, maybe on a cruise or somewhere in China or the Middle East, where the marketplace is so crowded that you can’t decide what to purchase let alone from which stand? How do you stand out in a crowded marketplace?

With only a few logs rolled, ABF, Teamsters already at loggerheads

DC Velocity

Company warns of pension crisis that will require action; union wants to cap intermodal, purchased transportation expense, restore lost ground from 2013. Transportation

Don't be complacent when it comes to spend management

Fleet Owner

Often with indirect spend items, you use multiple suppliers to purchase similar items, thus losing buying power

Kenworth T880S mixer sale to help support concrete research

Fleet Owner

T880S mixer provided by Kenworth, NorCal Kenworth California dealership network was purchased by Concrete Supply Co. in Charlotte, NC

eCommerce Insights: The Evolution of Consumer Demand

Bringg

Looking at the survey results, 90% said that they highly value free returns when making online purchases; and 91% say free shipping influences future purchases. The most popular categories purchased online remain consistent from the last report. 77% of respondents said Clothing and Apparel was among their most-purchased items, followed by consumer electronics (52%) and beauty products (41%). Last week, Dotcom Distribution launched their annual eCommerce study.