Remove Analysis Remove Procurement Remove Tools
article thumbnail

Freight Procurement is a Different Game

Logistics Viewpoints

Procuring transportation for freight is much different than any other procurement category. There are different tools, goals, and market dynamics. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. One master of freight procurement is Kyle Masters.

article thumbnail

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. From COVID to geopolitical tension, the past five years have emphasized the need for procurement agility. As the global freight market continues to evolve, so too will the tools that drive it. Why Rate Refresh?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Navigating Market Uncertainty with Sarah Bertram

The Logistics of Logistics

She brings almost 20 years of supply chain and benchmarking experience to DAT, where she is focused on providing actionable insights to shippers through DAT’s Benchmark Analytics and Rateview benchmarking tools. The platform offers a wide range of features and tools to help shippers find available carriers and carriers find available loads.

article thumbnail

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.

article thumbnail

Advancing Transportation Procurement: The Shift From Spreadsheets to Software

FreightWaves SONAR

For shippers, the approach to transportation procurement is evolving. Traditionally, shipping companies have relied on manual tools and processes, predominantly managing their requests for proposals (RFPs) and bids using simple spreadsheets.

article thumbnail

How Can Supply Chain Leaders Use Big Data as a Tool to Continuously Improve?

GlobalTranz

Transportation modes used in procurement and shipping. Each of these elements more traditionally handles by outsourcing analysis of processes to supply chain consultant. As explained in a previous blog post, continuous improvement in an organization can be achieved through the use of performance measurement tools via big data.

article thumbnail

Amway cuts costs with transportation procurement tool

Transporeon

The challenge For many years, Amway had used a generic sourcing tool that only facilitated communications with the company’s carriers rather than providing access to a supplier database and a collaborative environment to conduct sourcing events. The company began searching for a better way to procure freight and manage bids.