GlobalTranz

JUNE 7, 2018

In full truckload freight management, technology will make or break plans for keeping freight spend in check. Demand for record-breaking speed of delivery and free shipping are only making the case for greater use of technology in full truckload freight shipping management, and shippers need to understand why.

Analytics Software 164

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The Logistics & Supply Chain Management Society

MARCH 22, 2022

How Shipping Can Help Save The Planet. But to be honest, the shipping industry is as much of a culprit. If we take a closer look, we can see that global aviation, including domestic and international; passenger and freight accounts for 2.5% First of all, the shipping industry today is enormous. Size Matters.

Expense Reduction 245

Expense Reduction Cost Reduction Strategies Shipping Resource Reduction 245

The Logistics of Logistics

SEPTEMBER 11, 2021

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.

Freight 215

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GlobalTranz

JUNE 19, 2018

The use of full truckload shipping is rising in popularity, resulting from its lower cost as compared to less-than-truckload (LTL) shipping. Decreasing capacity and increasing full truckload rates are expected to increase throughout 2018, reports Freight Waves. Conducting annual procurement exercises. Download eBook.

Procurement Solutions 175

Procurement Solutions Procurement Analytics Capacity Procurement 175

GlobalTranz

OCTOBER 6, 2021

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 .

Prescriptive Analytics Software 216

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Freightos

APRIL 24, 2018

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.

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Freightos

JANUARY 26, 2023

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.

Cargo 296

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The Logistics of Logistics

DECEMBER 5, 2022

Brad Wheeler and Joe Lynch discuss the freight-tech dilemma. Brad serves as the Senior Director of Customer Strategy at Emerge , the leading freight procurement platform. Transforming the $800 billion freight industry, Emerge empowers meaningful logistics relationships through its award-winning Freight Procurement Platform.

Supply Chain Network Software 246

Supply Chain Network Software Logistics Network Optimization Software Modeling Software Sourcing Strategies 246

Freightos

JANUARY 15, 2024

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.

Negotiating Skills 317

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction Strategies 317

Freightos

MAY 17, 2016

Five Tech Trends That Will Change Freight. Better last mile shipping. Persistent growth in ecommerce, door delivery and expectations for “free” shipping have many in the industry talking up the potential for drones to change the industry. Increasingly they are running procurement and logistics departments.

Supply Chain Planning Software 168

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GlobalTranz

JANUARY 3, 2018

A shipping capacity crunch is a necessary evil. Unfortunately, a shipping capacity crunch tends to occur during already stressed periods, like winter, after tropical storms and during peak shopping seasons. 3PLs Bring Better Freight Shipping Rates During Shipping Capacity Crunch Hikes.

Expense Reduction 182

Expense Reduction Resource Reduction Cost Reduction Strategies Capacity 182

Talking Logistics

JUNE 30, 2015

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. As a strategic process, transportation procurement may still seem very tedious and challenging. Be demand driven.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Procurement Material Savings 100

Talking Logistics

OCTOBER 28, 2014

Freight companies are eventually going to face severe challenges finding drivers to get your shipments where you want them when you want them there. Customers with a strict ‘procurement mindset’ overlook important factors like consistency, overall experience or past performance. On the surface, this sounds like a problem for carriers.

Expense Reduction 234

Expense Reduction Cost Reduction Strategies Price Reduction Capacity 234

GlobalTranz

SEPTEMBER 23, 2021

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. Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Supply Chain Shaman

FEBRUARY 18, 2021

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.

Supply Chain Planning Software 283

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 283

The Logistics of Logistics

JUNE 23, 2022

When asked what peak season is, it’s easy to assume the holidays are the only peak shipping season. However, four shipping seasons occur throughout the year and are often regular and expected. That was the case until the ongoing disruptions of the past few years changed the shipping game. Q2: The Produce Shipping Season.

Supply Chain Planning Software 293

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 293

GlobalTranz

NOVEMBER 30, 2021

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

Optimal Sourcing 221

Optimal Sourcing Transportation Rail Software Sourcing Strategies 221

Supply Chain Shaman

APRIL 18, 2023

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.

Supply Chain Planning Software 386

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The Logistics & Supply Chain Management Society

MARCH 14, 2023

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.

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

The Logistics of Logistics

DECEMBER 1, 2023

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.

Optimal Sourcing 263

Optimal Sourcing Supply Chain Planning Software Optimization Software Analytics Software 263

Logistics Viewpoints

JUNE 21, 2024

bans exports by Oregon freight-forwarder in warning shot to industry Container losses fall to record low Warehouse wages rise to average of $18.99 An Oregon freight-forwarder was hit with an export ban in what officials said was a warning to companies to heed restrictions on the shipment of sensitive technologies to countries the U.S.

Logistics Network Optimization Software 287

Logistics Network Optimization Software Logistics Material Savings Optimal Sourcing 287

Freightos

APRIL 27, 2023

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.

Freight 156

Freight Data Prescriptive Analytics Software Negotiating Skills 156

The Logistics of Logistics

DECEMBER 19, 2022

Bill has experience working on the carrier, shipper, and broker side, as well as in 3PL and freight software, giving him 360-degrees of visibility of the marketplace. Transflo links the entire supply chain together in one digital ecosystem, creating visibility, security, and customization for every freight professional.

Supply Chain Design Software 246

Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software Real-time Visibility 246

Talking Logistics

SEPTEMBER 20, 2017

Peak season for ocean freight shipping is underway. Here’s an easy way to think about the regular and potential future disruptions that could impact your ocean shipping strategy, and what you can do to prepare for what comes next. At these times of the year, you should see less risk to your standard ocean shipping strategy.

Scenario Planning 135

Scenario Planning Supply Chain Planning Freight BRIC 135

The Logistics of Logistics

AUGUST 28, 2023

Her supply chain and traditional G&A consulting background bring a unique perspective to clients who must work across their organizations to drive supply chain initiatives with Procurement, IT, Operations, and the C-suite. Tusk save Shippers 40% or more on small parcel shipping. The Greenscreens.ai

Logistics Network Optimization Software 264

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GlobalTranz

JUNE 23, 2021

the past 13 months of sustained rising freight demand and widespread shortage of labor up-and-down supply chains has brought the LTL trucking sector, and the shippers that depend on it to move palletized shipments, to a turning point.”. freight and delivery needs. State of the LTL Market. As reported by the? Journal of Commerce ,?

3PL 253

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Logistics Viewpoints

DECEMBER 5, 2022

There was no air freight possible then into Europe,” added Gerald van den Eijnden. You would call up the freight forwarders, and they would send an Excel spreadsheet” that contained all the shipments for Molex in the coming days or weeks. Yes, SAP had inbound ASN’s (advanced ship notices). But they were very basic.

Agile and Lean Supply Chain 262

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 262

GlobalTranz

SEPTEMBER 14, 2016

However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. This is comparable to the Holy Trinity of Manufacturing and Shipping discussed earlier this year in previous blog posts. This does not mean shipping a product immediately. Use External Benchmarking Tools.

Material Savings 120

Material Savings Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 120

GlobalTranz

OCTOBER 16, 2015

, at Cerasis, we know a thing or two about the nuances of LTL procurement. LTL procurement is something we do very well. So we thought we would impart upon all the shippers out there some tips on how to reduce overall costs for effective LTL Procurement. BONUS : Download the Guide To LTL Freight Mangement White Paper.

Negotiating Skills 120

Negotiating Skills Price Reduction Cost Reduction Strategies Optimal Sourcing 120

Logistics Viewpoints

JULY 13, 2022

Weather delays can affect shipping lanes, manufacturers face product shortages, demand continues to spike for certain products, containers are difficult to acquire, and the trucking industry faces a driver and capacity shortage, just to name a few. These include: The Procurement bidding process and business awards. Freight forwarding.

Supply Chain Software 264

Supply Chain Software Supply Chain Supply and Demand Supply Chain Network Software 264

ivalua

FEBRUARY 8, 2023

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.

Manufacturing Procurement 242

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 242

Freightos

AUGUST 10, 2024

AI Popup #3) AI Popup #3 August 10, 2024 Dive deeper into freight data that matters Learn More For anyone who has played around with ChatGPT or Midjourney, it’s now clear that AI has the potential to be an incredible tool for enhancing efficiency and productivity.

Logistics Network Optimization Software 268

Logistics Network Optimization Software Modeling Software Supply Chain Planning Software Negotiating Skills 268

Freightos

SEPTEMBER 14, 2022

The low rates that triggered Hanjin’s bankruptcy in 2017 quickly became a thing of the past, as surging demand, congestion, and a litany of global shipping catastrophes pushed ocean freight rates into the stratosphere. While high, the shipping costs typically paled in comparison to the lost sales due to inventory shortages.

Logistics 156

Logistics Cargo Comparison Freight 156

GlobalTranz

OCTOBER 2, 2018

According to Roberto Michel of Logistics Management , the biggest challenge in e-commerce logistics revolves around the demand for additional last-mile delivery options and next-day shipping, if not same-day shipping. Going back to reverse logistics, consumers expect a hassle-free, cost-free returns process.

Logistics Network Optimization Software 198

Logistics Network Optimization Software Material Savings Vendor Strategies Cost Reduction Strategies 198

Supply Chain Shaman

NOVEMBER 15, 2021

Maersk, the world’s largest container shipping company, reported its best quarter in 117 years, posting a $5.9B Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Hazardous freight is the most likely to get “rolled” at the dock. Time For Action.

Supply Chain Design Software 283

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 283

Supply Chain Game Changer

SEPTEMBER 21, 2022

10 Tips To Be A Successful Freight Broker! The Supply Chain industry provides vast employment opportunities, from procurement to warehouse inventory, management, and shipping. The terms freight broker and freight agent are often confused in the cargo and shipping sector. What Does A Freight Agent Do?

Negotiating Skills 96

Negotiating Skills Freight Purchasing Skills Optimal Sourcing 96

Shipsy

APRIL 9, 2020

The spread of the novel coronavirus causing COVID-19 is affecting the shipping industry in unprecedented ways. As a large number of containers are stuck in transshipment and countries have put restrictions on movement of ships to contain the spread of the virus, it has lead to a mismatch in the demand and supply in the market.

Optimal Sourcing 98

Optimal Sourcing Modeling Cost Reduction Strategies Vendor Strategies 98