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Procuring transportation for freight is much different than any other procurement category. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. The freight market is mercurial. One master of freightprocurement is Kyle Masters.
Read more The Unintended Consequences of Inconsistent FreightProcurement. The post The Unintended Consequences of Inconsistent FreightProcurement appeared first on Talking Logistics with Adrian Gonzalez.
In a survey we conducted in October 2020, 91% of our Indago supply chain research community members, who are all supply chain executives from manufacturing, retail, and distribution companies, either Agreed or Strongly Agreed that the time had come to transform the traditional transportation procurement process.
Emerge has an interesting new platform to deal with the problems shippers are having procuring truck capacity. Carriers move shippers’ freight. A public cloud architecture is at the heart of what Emerge is doing from both a procurement and a benchmarking perspective. Scale is Necessary for Freight Benchmarking.
Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski
Procuringfreight can be cumbersome, time-consuming, and error-prone. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone.
The Freight Market Place with Dave Maddox. Dave Maddox and Joe Lynch discuss the freight market place. and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. Other past employers that Maddox has worked for are nVision Global, Transplace, National Freight, Inc.,
Autonomous Freight Trucks. It is one reason experts on logistics are following the autonomous freight truck market and new approaches to freightprocurement closely. Not all experts on freight logistics are quite so optimistic that we will have fully autonomous trucks on the road by 2024 like TuSimple is claiming.
Andy Tomka and Joe Lynch discuss freight-tech for SMB brokers. About Andy Tomka Andy Tomka is the Vice President of Product at MVMNT, a freight-tech company that build transportation managemt systems (TMS) for SMB freight brokers. We merge technology with real-world freight expertise.
Tis the season to be jolly – unless you are overwhelmed with the many tasks traditionally associated with the annual freight Request for Proposal ( RFP ) season. However, the reality is that contracted freight is actually a promise – not a binding agreement. Flexibility to schedule rate bid events based on business needs.
Establishing a resilient supply chain network design will require an agile procurement strategy—one that’s cost effective and unrestricted, and allows shippers to toggle their resources to address freight market issues impacting their network.
The Freight RFP Process is Broken – Let’s Fix It with Maggie Petrovic. Maggie Petrovic and Joe Lynch discuss the freight RFP process is broken – let’s fix it. Maggie is the Vice President of Strategic Initiatives at Emerge , a company that is Reinventing FreightProcurement. Rethinking the Freight RFP Process.
Why is consistency important, Read more [Video] The Unintended Consequences of Inconsistent FreightProcurement. The post [Video] The Unintended Consequences of Inconsistent FreightProcurement appeared first on Talking Logistics with Adrian Gonzalez.
Mike Wolf and Joe Lynch discuss why freight tech fails. Mike has extensive experience in Transportation and Logistics from procurement through operations leadership spanning 25+ years. Mike has extensive experience in Transportation and Logistics from procurement through operations leadership spanning 25+ years. About Mike Wolf.
Read more The post How Shippers Can Uplevel Their Real-time Transportation Procurement Strategies? That’s a lyric from one of my favorite Oingo Boingo songs, and I think it perfectly describes the world of supply chain management — and the transportation market in particular, which has taken many turns over the past few years.
Speaker: Adam Robinson, Director of Marketing, Cerasis
We’ll address how automation in the supply chain will provide employees with the following: More Strategic Procurement. Improved Supplier/Vendor Management (Automated buying on an e-commerce website for repeat orders, automated freight pickups for inbound delivery, automated tracking alerts).
Mary O’Connell and Joe Lynch discuss the Bloomberg of Freight. Check Call gives insights into the world around 3PLs and freight brokers. Check Call gives insights into the world around 3PLs and freight brokers. Key Takeaways: The Bloomberg of Freight. Access to freight pricing insights. About Mary O’Connell.
If your company has decided to tender its freight to secure new contract rates for 2021, you’ve got your work cut out for you. And, what should you do about those COVID-related swings in your historical … The post FreightProcurement in a Pandemic: Preparing for the Bid appeared first on Chainalytics.
The Approach to Effective FreightProcurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. At the heart of it all, an effective procurement strategy remains paramount.
Rethinking the Freight RFP Process. Once a year, shippers and carriers begin the arduous freight RFP process, when shippers send out request for pricing (or proposal) for contract rates to their list of trucking companies. It is why many companies are rethinking the freight RFP process.
Also in road freight vehicles, battery-electric or hydrogen-powered drivetrains are close to market launch. First, we take the carrier perspective and analyze which fuel efficiency measures are known about and implemented in the road freight sector. Figure 2 provides an overview of the findings. technologies and practices.
OTR freight represents a long-standing aspect of supply chain operations and transportation management. Th is blog post covers the critical ways strategic partnerships can help supply chain managers achieve optimal OTR management for their freight. Carrier Vetting for OTR Freight . Remote Tendering and Shipment Execution .
This is a huge step in our journey to digitalize global freight and build a more modern foundation for world trade. Crossing one million bookings annually in 2023, we’ve made significant headway in digitizing spot freight pricing and bookings, especially in air cargo.
Shipping freight across the world is a complex matter. But what is even more complicated is freight billing and handling freight payments: what a cargo owner is initially quoted is often different from what he later is asked to pay. A 2021 Cargo Owners and freight forwarders survey, confirms this. Lack of trust.
Freight Visibility and Control: Introducing the Freightos Baltic Index (FBX). The underlying premise dates back further, even for freight. By 1985, the Baltic Exchange published its first daily dry bulk freight index. A New Freight Index. By Zvi Schreiber, CEO, Freightos. The Age of the Index.
Brad Wheeler and Joe Lynch discuss the freight-tech dilemma. Brad serves as the Senior Director of Customer Strategy at Emerge , the leading freightprocurement platform. Transforming the $800 billion freight industry, Emerge empowers meaningful logistics relationships through its award-winning FreightProcurement Platform.
Ryan is the Co-founder and CEO of GoodShip , an all-in-one platform for supply chain analytics, carrier management, and transportation procurement About Ryan Soskin Ryan Soskin is a 13 year logistics veteran and three time startup unicorn alum with a long history in freight tech. He began his career at Coyote Logistics and after 5.5
and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. Mark McEntire is the Senior Vice President of Operations at Emerge , a freight technology firm that is reinventing freightprocurement. About Mark McEntire . Mark earned a B.S. About Emerge.
Making changes that promote effective inbound logistics management can have a significant impact on your organization’s procurement department and team members. The post How More Effective Inbound Logistics Management Improves Procurement in the Supply Chain appeared first on Transportation Management Company | Cerasis.
Samuel is Director of Product Marketing at DAT Freight & Analytics ‘ Shipper segment. DAT operates the largest truckload freight marketplace in North America. DAT iQ provides freight intelligence to inform your budget and procurement strategies so you can navigate market volatility with greater confidence and agility.
Meanwhile, customers’ procurement operations were seeing a new generation of talent come of age who were pushing for better value-added services and shipment visibility. Ultimately, they decided to work with Uber Freight. Prior to Uber Freight, KRONOS could not even measure customer service.
Freight Truck Shortages Are Changing The Face Of Logistics. Original article: Freight Truck Shortages Are Changing The Face Of Logistics. It is one reason experts on logistics are following the autonomous freight truck market and new approaches to freightprocurement closely. There is a driver shortage.
In 2020, we saw the transportation industry’s resilience first-hand, as all parties of the supply chain navigated a challenging freight landscape to get goods to market. Freight demand surged to meet the needs of consumers and frontline workers, and shippers were forced to rely heavily on the spot market to secure capacity in a pinch.
The Freight Marketplace with Dave Maddox. Dave Maddox and Joe Lynch discuss the freight marketplace. and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. Other past employers that Maddox has worked for are nVision Global, Transplace, National Freight, Inc.,
Marc is the Co-founder and CEO of Fishtail, a Boston based fintech company that empowers freight forwarders to finance the movement and procurement of goods – for small and medium businesses (SMBs) around the world. Marc Held and Joe Lynch discuss the Fishtail story. About Marc Held. About Fishtail. Key Takeaways: The Fishtail Story.
Logistics Procurement – Performance Management by LSCMS Shippers’ Council Shortly after the outset of COVID, in early 2020, supply chains have been disrupted across the globe. Rates are now starting to stabilise and for ocean freight especially, we are seeing rates closer to pre-COVID levels.
In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. The future of global freight data lies in real-time information, contextual insights, and aggregated data that can help companies make better decisions and adapt to a rapidly changing industry.
As of this morning, Freightos is a public company trading on Nasdaq with the ticker CRGO , taking the next step in our journey to make global trade more efficient with the world’s global freight booking and payment platform. People complain that freight is a traditional industry. Not many startups ever get to become public companies.
High freight volumes across all industries in the trucking market are expected to continue into 2022.? The added strain on resources is on track to force high freight volumes to continue well into the next year. Download the White Paper: Over the Road Freight Management Trends. Carrier Vetting for OTR Freight.
Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP. With the rising costs of accessorial charges as the freight sat on the dock, moving freight by ocean container grew more problematic. Next Steps.
As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. The ride is uphill, but the visibility is low. What is normalcy? Shift in cycles.
The implication for global freight beyond the now typical uncertainty is predictably elevated operational costs and soaring freight rates. This optimism is buoyed by the fact that 55% of importers have their inventories in check, anticipating a stronger freight demand in the coming year.
Mark’s 35 years in transportation and logistics includes 17 years of experience with Transplace (now Uber Freight), where he held the position of Sr. An experience that was built by freight practitioners for freight practitioners. Freight Settlement Automation: Simplify and streamline freight payment process.
Capturing carrier data gives you more visibility into your freight spend and enables you to make data-driven decisions that positively impact your business. Download the White Paper: Over the Road Freight Management Trends. Identify and Apply Freight Consolidation Opportunities. Track Carrier Performance Data. a shipment?doesn’t
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