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Shipsta by Freightos Introduces Rate Refresh: The Future of Agile Procurement in 2025

Freightos

From COVID to geopolitical tension, the past five years have emphasized the need for procurement agility. Flexibility in a Volatile Market: As pricing and freight capacity fluctuate, procurement professionals need to adjust rates quickly without lengthy RFP processes. Why Rate Refresh? Why Rate Refresh?

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How the procurement role should evolve in the new supply chain

SYSPRO Smarter ERP

To deal with the new challenges in managing and planning the supply chain , the procurement department is one of the functions that should look at changing. It is no longer sufficient for procurement to focus just on supplier costs, placing orders and ensuring goods are received. The situation changes with a larger number of suppliers.

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Know Your Supply Chain KPIs – Procurement

Logistics Bureau

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. To answer some of those inquiries, we decided to release the following brief overview of what we believe to be the most helpful procurement KPIs.

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Guest blog: With the Truck Driver Shortage, How Many More Drivers will be Enough?

CH Robinson Logistics

The answer is not simple and involves research and analysis across a number of factors. My answer to this question for shippers procuring long-distance (outside of a given metropolitan area) dry van transportation, for both truckload and less than truckload (LTL), is that approximately 25,000 truck drivers are needed.

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SONAR Indices & Insights: Improve Freight Shipping Procurement with SONAR SCI’s Lane Acuity Plus

FreightWaves SONAR

Supply chain professionals responsible for transportation procurement at Fortune 500 companies focus on three things – budget forecast accuracy, service scores and primary tender acceptance. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions.

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Advancing Transportation Procurement: The Shift From Spreadsheets to Software

FreightWaves SONAR

For shippers, the approach to transportation procurement is evolving. This approach is cumbersome and fraught with challenges such as limited visibility, inefficient data management and difficulties in bid analysis. This not only makes the process more efficient, but also reduces the likelihood of errors and enhances productivity.

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Truckload Shipping Procurement: How Large Data Sets/AI Aid in Pricing and Capacity Outlooks

FreightWaves SONAR

This is particularly true for truckload shipping procurement. Read on to see how these innovations can help with truckload shipping procurement. Shipping managers continue to struggle with capacity procurement during this time of industry-wide disruption . Truckload shipping procurement needs to include all legs of the trip.