Procurement Academy

FEBRUARY 11, 2025

Training programs should equip participants with knowledge of freight contracts, carrier liability, and global regulatory compliance to help navigate any related legal challenges effectively. billion worldwide , with the market forecast to grow at a compound annual growth rate (CAGR) of over four percent for the period to 2027.

Pricing Training 52

Pricing Training Buyer Training Purchasing Training Negotiating Skills 52

GlobalTranz

JANUARY 27, 2017

They are better able to adjust pricing models to reflect consumers’ demands, including less packaging for smaller shipments, a key characteristic of dimensional pricing, and it enables record-low freight shipping. . To keep up with demand predictions by 2027, more than 97,000 new drivers will need to enter the industry annually.

Transportation Management 120

Transportation Management Predictive Analytics Software Demand Planning Software Modeling Software 120

Supply Chain Game Changer

AUGUST 10, 2021

million in 2027, from USD 79,008.6 from 2020 to 2027.” Given the astronomical increases in lumber pricing, the core element of the wooden pallet, we felt it was time to look at the Pallet Supply Chain and the impacts that lumber pricing is having on this industry. The Pallet Market Size. million in 2019, growing at a CAGR of 5.1%

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Planning 98

Supply Chain Matters

MAY 22, 2023

freight and logistics industry continues to mitigate recessionary conditions including the April 2023 Logistics Manager Index reaching its lowest level lowest level in six years and one-half years. freight, logistics and parcel movement industry. Freight rate reportedly fell 37 percent. The LMI has now declined 6.7

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

Logistics Viewpoints

SEPTEMBER 30, 2024

Not Torc, their then CEO said it would be 2027 by the earliest. In 2027, Torc/Daimler executives told the participants at the Albuquerque event that they were a conservative, German-owned company and the last thing they wanted to do was overpromise. Now, the CEO of Torc, Peter Schmidt, told me that the 2027 launch date looks valid.

San Antonio 285

San Antonio Albuquerque Company Los Angeles 285

Multichannel Merchant

JULY 6, 2022

calls for reducing the number of Ground and Express stations by 100 over the next 3-5 years; creating a common IT infrastructure for key operational elements like scanning and sorting by 2024; and eliminating more than 10% of the collective routes of both divisions by 2027. The integration plan, called Network 2.0, “(Network 2.0)

Supply Chain Planning 80

Supply Chain Planning Scenario Planning Price Reduction Cost Reduction Strategies 80

NC State SCRC

JUNE 19, 2024

In recent times, the integration of road freight technologies has emerged as a potential catalyst for disrupting maritime shipping operations. In this article, we’ll outline some pivotal advancements transforming maritime shipping and delve into how tried-and-tested road freight technologies are already featuring in this transformation.

Container Tracking 40

Container Tracking Optimization Software Supply Chain Planning Software Predictive Analytics Software 40

Silvon Software

JULY 22, 2022

In fact, such KPIs are so crucial right now that the supply chain analytics market is expected to reach nearly $17 billion by 2027 as companies ramp up their supply chain performance management initiatives. Freight Bill Accuracy. It is a ratio of the total freight invoices free of errors compared to the total freight bills.

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

Zipline Logistics

NOVEMBER 15, 2022

billion by 2027. . We help even multibillion-dollar companies lock in the right capacity partners to achieve the best possible freight outcomes and uncover new savings potential. . Did you know…? . The pet care industry is expected to reach $358.62 There are over 630 different pet food brands. .

3PL 71

3PL Retail Vendor Strategies Expense Reduction 71

SCMDOJO

APRIL 9, 2024

The market for logistics robotics is predicted to reach $6 billion by 2027. Future trends point to speedy advancements in warehouse automation, machine learning algorithms for forecasting, smart freight matching, and safety enhancement, as high-risk tasks can be delegated to robots.

Supply Chain Design Software 98

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Design 98

RFgen

AUGUST 21, 2019

Transfer-hub: Under this model, autonomous trucks will haul freight across long distances on interstate routes , from exit to exit. This wave is predicted to begin after 2027. Automation will expand existing freight-hauling capacity, help truck drivers improve productivity, and convert long-haul jobs into short-haul jobs.

Predictive Analytics Software 69

Predictive Analytics Software Inventory Management Software Rail Software Supply Chain Software 69

Intelligent Audit

JULY 12, 2022

On June 29, FedEx revealed “Network 2.0”, a new long-term strategy focused on collaborating with FedEx’s three previously separate entities: FedEx Express, FedEx Freight, and FedEx Ground. The declined rates have yet to impact current freight rates so high that many wish they were freight invoice errors.

Negotiating Skills 52

Negotiating Skills Price Reduction Supply Chain Network Software Network Optimization 52

Intelligent Audit

OCTOBER 15, 2022

14706 to the Interstate Commerce Act limits shippers’ liability and allows logistics providers to operate with the knowledge that federal law holds responsible parties accountable for freight loss. . In the case of freight damage caused by increasingly common natural disasters, theCarmack Amendment 49 U.S.C. Act of Default or Shipper.

Supply Chain Design Software 52

Supply Chain Design Software Logistics Network Optimization Software Cargo Freight 52

Intelligent Audit

FEBRUARY 5, 2021

Billion by 2027, growing at a CAGR of 17.9% from 2020 to 2027.”. When considering a freight audit and spend management solution, shippers must make sure that they will have access to a solution that meets all the needs of today’s fluid shipping environment. Billion in 2019 and is projected to reach USD 16.82

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Predictive Analytics Analytics 52

Supply Chain Matters

SEPTEMBER 18, 2023

Flexport Focus Turns to Profitability and Cost Reduction In our supply chain technology breaking news update on September 7 th , we highlighted the sudden resignation of Dave Clark from the CEO role of freight technology start-up Flexport. Plans reportedly call for the facility to be operational by 2027.

Supply Chain Planning Software 59

Supply Chain Planning Software Cost Reduction Strategies Supply Chain Planning Supply Chain Strategy 59

Supply Chain Matters

SEPTEMBER 23, 2024

In the specific case of FedEx, this services provider has established an ambitious multi-year business transformation and restructuring effort which has as its objective a goal to save $4 billion in costs by fiscal 2025, and a cumulative $6 billion by 2027. We have viewed this effort as one aimed at pleasing Wall Street investors.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Price Reduction Resource Reduction 52

Locus

MAY 4, 2023

from 2019 to 2027. Unlike local deliveries or regional transportation, the scope of line haul transportation is greater as it deals with high-volume freight carried over greater distances. In 2021, in the United States alone, the total transportation logistics costs came to around 1.2 trillion U.S.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Optimization Software Rail Software 52

Unleashed

NOVEMBER 1, 2021

million by 2027 , at a CAGR of 25.8%. But the question is: which practices? The future of electric trucks We mentioned autonomous trucks above, but what about electric trucks? The EV trucking industry is expected to grow to US$1,893.1

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Trends 98

Operations and Supply Chain Management

FEBRUARY 17, 2022

Rickenbacker International Airport was a bustling hub for air freight well before the pandemic—a day’s truck drive to half of the U.S. International freight being unloaded at Rickenbacker airport. a digital freight forwarder. population, so the slogan goes. Photographer: Megan Jelinger/Getty Images.

America 52

America Pharmaceutical Supply Chain Design Software Supply Chain Planning Software 52

Unleashed

JUNE 23, 2021

Reduced carbon footprint: Cutting your freight times doesn’t just save money, it lowers your impact on the environment too. through 2027 ( Allied Market Research ). Local suppliers can also help with building your green credentials, as they will cut your freight needs. This means faster shipping times, and lower transport costs.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

RFgen

AUGUST 21, 2019

Transfer-hub: Under this model, autonomous trucks will haul freight across long distances on interstate routes , from exit to exit. This wave is predicted to begin after 2027. Automation will expand existing freight-hauling capacity, help truck drivers improve productivity, and convert long-haul jobs into short-haul jobs.

Predictive Analytics Software 52

Predictive Analytics Software Inventory Management Software Rail Software Supply Chain Software 52

Supply Chain Game Changer

MARCH 15, 2022

Marketwatch.com says the global drone delivery market was $528 billion in 2020 and will grow to almost $11 billion by 2027, also at a compound annual growth rate of 54%. Fortune Business Insights measures the global drone delivery market to be $989 million in 2020 growing to $31 billion by 2028, a compound annual growth rate of 54%.

Supply Chain Design Software 96

Supply Chain Design Software Packaging Purchasing Training Modeling 96

Supply Chain Matters

JULY 26, 2023

UPS rival FedEx has embarked on a significant business restructuring initiative that includes significant headcount reductions aimed at saving $4 billion in costs by fiscal 2025, and a cumulative $6 billion in costs by 2027. This effort is bound to increase labor tensions.

Negotiating Skills 52

Negotiating Skills Purchasing Skills Cost Reduction Strategies Procurement Analytics 52

Loginext

MAY 8, 2018

According to the American Trucking Associations, freight tonnage hauled by trucks would increase by 27% (between 2016 and 2027). With global retail sales to touch $27 trillion by 2020, it just adds to the problems of high volume and restricted resources.

Freight 40

Freight Company Optimization Software Price Mitigation Strategies 40

Locus

DECEMBER 22, 2021

The World Economic Forum’s report on the “future of the last-mile ecosystem” states that 85% of delivery mileage from freight delivery are majorly responsible for emissions and congestion driven by commercial vehicles. – Statista, 4PL market size from 2018-2027, Jun 2020. But things have changed today. billion U.S.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Modeling 52

Locus Robotics

MARCH 20, 2023

With the revenue from eCommerce retail expected to surpass $1,700 billion by 2027 in the US alone, making sure your warehouse is up to par with the increasing demand makes perfect business sense. By Will Schneider, Warehousing and Fulfillment In 2021, the warehouse automation systems market was valued at $21.7 from 2022 to 2031.

Warehousing 52

Warehousing Inventory Management Software Analytics Software Optimization Software 52

Intelligent Audit

NOVEMBER 14, 2022

trillion by 2027. Freight Rail Labor Action Could Occur by Late November. The prospect of a freight rail strike remains an unwelcome possibility for U.S. With decades of experience in global logistics, Intelligent Audit has been the go-to choice for automated freight audit and recovery for over 2,800 logistics providers.

Resource Reduction 52

Resource Reduction Supply Chain Strategy Price Mitigation Strategies Shipping 52

Stord

NOVEMBER 30, 2022

trillion by 2027. The company connects brands to an end-to-end logistics infrastructure—including warehousing, freight and fulfillment—in a single, integrated platform that’s available exactly when and where companies need it. Global e-commerce is set to surpass $5 trillion in 2021, while B2B online commerce is expected to reach $20.9

Logistics Network Optimization Software 60

Logistics Network Optimization Software Supply Chain Network Software Supply Chain Software Company 60

Logistics Viewpoints

JANUARY 5, 2024

Two years later, it committed to importing $10 billion of goods from India each year by 2027. The National Transportation Institute (NTI) recently released Q4 2023 driver pay data that shows driver earnings continue to climb in spite of the freight market undergoing a correction. They would then be able to tackle a more advanced task.

Logistics Network Optimization Software 301

Logistics Network Optimization Software Logistics California India 301

BlueYonder

DECEMBER 3, 2024

They need to monitor changing conditions in real time — like freight rates, carrier and warehouse space availability, and order volatility — and always make decisions that balance service and costs. In a case like this, the customer isn’t looking for a multi-year, multi-million-dollar engagement that doesn’t deliver an ROI until 2027.

Logistics Network Optimization Software 129

Logistics Network Optimization Software Forecasting Software Optimization Software Supply Chain Planning Software 129

QAD

SEPTEMBER 17, 2024

The two core elements of his policy include: EPA’s 2027-2032 Regulations : These regulations set ambitious CO 2 emissions targets across light, medium and heavy-duty vehicle segments. These efforts aim to reduce greenhouse gas (GHG) emissions and transition the U.S. fleet towards more sustainable vehicle options.

Policies 52

Policies Resource Reduction Cost Reduction Strategies Manufacturing Procurement 52