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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 transportationprocurement process.
Procuringtransportation for freight is much different than any other procurement category. Transportationprocurement 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.
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. Read more The post How Shippers Can Uplevel Their Real-time TransportationProcurement Strategies?
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).
Emerge has an interesting new platform to deal with the problems shippers are having procuring truck capacity. The vocabulary used in transportation can be confusing. Shippers” are companies that have goods that need to be transported. Carriers move shippers’ freight. Scale is Necessary for Freight Benchmarking.
Additional opportunities can be reached through transportation optimization whether using a 3PL or 4PL. It's important to understand how transportation optimization can work well with managed transportation service providers to attain that goal. Defining Transportation Optimization.
When it comes to managing your freight spend, there are a few options to consider. The three traditional methods are the use of a transportation management system (TMS), transportation execution system (TES), and managed transportation services (MTS). Look to the Cloud. Turn to Machine Learning.
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.
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. Key Takeaways: The Freight Market Place. About Dave Maddox. About Emerge.
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.
Chris Caplice and Joe Lynch discuss MIT Center for Transportation and Logistics and a wide range of logistics and supply chain topics. Chris is a Senior Research Scientist at MIT and serves as the Executive Director of the MIT Center for Transportation & Logistics (CTL). He received a Ph.D.
Managing OTR transportation through disruption is a complex process. We’re sharing seven best practices to improve OTR transportation management, enabling shippers to stay competitive in the face of disruption. Analytics provides visibility into your transportation network and operations. Across OTR Transportation Modes.
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.
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.
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.
No carrier or mode has been excluded from the increased demand of e-commerce and a customer base that’s anxious for a return to normalcy, including the LTL transportation sector. How Can a 3PL Help Shippers Manage LTL Transportation Proactively. freight and delivery needs. State of the LTL Market. As reported by the?
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.
OTR freight represents a long-standing aspect of supply chain operations and transportation management. M odern transportation networks and supply chains continuously adapt to market volatility and transitions. Carrier Vetting for OTR Freight . Download the White Paper: Over the Road Freight Management Trends.
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.
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.
Ryan is the Co-founder and CEO of GoodShip , an all-in-one platform for supply chain analytics, carrier management, and transportationprocurement About Ryan Soskin Ryan Soskin is a 13 year logistics veteran and three time startup unicorn alum with a long history in freight tech. years and a $1.8B
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.
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.
Today begins our series about electronic data interchange or EDI in transportation. In this series, we will first talk about how EDI in transportation works and what it is, covering the history of EDI in transportation, the definition, how it works technically, and then some common EDI codes used within the transportation industry.
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.
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. KRONOS examined whether it made sense to implement SAP’s TMS or work with a provider of managed transportation services.
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.
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.
These rates will have natural implications for smaller shippers seeking to lower overall transportation and freight spend, and paired with a “blurred lines between peak shipping and shopping seasons,” shippers will experience increasing trouble when trying to procure full truckload capacity. Download eBook.
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.
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. Hunt Transport, Inc. About Mark McEntire .
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. transportation management optimization ?to
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.
Mark is the Chief Executive Officer off Princeton TMX , a SaaS-based transportation management system (TMS). About Mark McEntire Mark McEntire is the Chief Executive Officer at Princeton TMX, a SaaS-based transportation management system (TMS). Hunt Transport, Inc. in Transportation and Logistics from Arkansas State University.
Kelly is the VP, Product Management of Trimble Transportation , a technology company that offers a suite of transportation technology solutions, including fleet management, route optimization, and freight visibility tools, to improve efficiency and safety.
Read more The post [Video] Discussing the Lessons Learned in TransportationProcurement Management appeared first on Talking Logistics with Adrian Gonzalez. Read more
More driver-friendly practices increased, including flexible appointment scheduling and improved driver detention, allowed drivers to maximize their hours-of-service, which increased overall capacity in the freight network. This also has been another gain in overall freight capacity over the past year. Regulations. Where Are We Headed?
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.
Sarah is a Shipper Sales Manager at DAT , an online marketplace that connects shippers and carriers in the transportation industry. Established in 1978, DAT established itself as the go-to source for industry trends and market intelligence for transportation brokers, carriers, shippers, news outlets, and industry analysts.
I am wrapping up my Transportation Management Systems market study which looks at the total size of the market, the forecasted growth through 2025, and the leading suppliers across a number of categories including industry, region, and customer size. Transportation management systems include 2 types of solutions. A Proven ROI.
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. Key Takeaways: The Freight Marketplace. About Dave Maddox. About Emerge.
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.
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