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7 Ways to Strategically Elevate Freight Procurement

Talking Logistics

Transportation has followed the same evolutionary pattern, moving upstream from day-to-day freight transactions to an integral component of top-level corporate planning and procurement strategy. Going forward, it is vital that shippers analyze their freight spend and if required renegotiate their rates regularly to remain competitive.

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Seeing the Bigger Picture: How a Global Trade Network Can Create More Accurate KPIs

Talking Logistics

The question becomes, “how are you comparing your transportation metrics to what’s happening around you?” You need to explore the metric relationships to see the full story. Reviewing the metrics simultaneously helps identify potential cause-and-effect relationships.

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How Can CIOs Accelerate Supply Chain Transformation? Think Less Planning, More Real-Time Decision-Making

Logistics Viewpoints

We are well into the era of real-time transportation visibility, where shippers and their partners can track freight in real-time across every mode of transport. So why are so many still falling short of OTIF targets (and other key metrics)? He lives in Chicago. The post How Can CIOs Accelerate Supply Chain Transformation?

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This Week in Logistics News (June 22 – 28)

Logistics Viewpoints

The company said that it used 85,916 metric tons of single-use plastic that year, an 11.6 According to the company, Chicago-based Coyote Logistics manages around 10,000 loads per day with a network of over 10,000 carriers. “As percent decrease from 2021.

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5 Easy-to-Use Ways to Monitor Supply Chain Health

Talking Logistics

Do you have the right metrics? Metrics show how your supply chain is performing – providing they are the right ones to do the job. Inappropriate metrics can give a false or incomplete picture of supply chain performance. Second, what metrics are the best indicators of performance in terms of these goals?

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Within a week of Russian troops crossing into Ukraine, the benchmark for thermal coal prices reached a record high of $446 per metric ton. Deloitte ). Wall Street Journal ). Automotive News Europe ).

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Like A Green Lump of Clay….

Supply Chain Shaman

My schedule had me on a plane to Chicago at the time of the presentation. Q: What will be the role of the freight companies in the supply chain agility? Freight companies and alternate modes are key elements of agile networks. Q: What is the best metric to begin analyzing when starting to evaluate Supply Chain agility?