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Instant eBookings on the Freightos platform have enjoyed a staggering compound annual growth rate (CAGR) of 272% in the last 3 years, with growth dominated by airline bookings. Remember that there was zero airline ebooking at the beginning of 2018. There is progress in digitalizing ocean freight, but its been slow and inconsistent.
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.
The industry has shifted towards more digital procurement already, with instant pricing, rating and even eBooking; this could take it one step further. ERP System Decision Making: Integrating AI into ERP systems could automate purchasing decisions based on real-time data on shipping rates and capacity.
Across our many blog posts, videos, webinars, eBooks, and other shared content, you’ll find a wealth of information about various aspects of outsourcing in the supply chain. However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supply chain.
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 industry has shifted towards more digital procurement already, with instant pricing, rating and even eBooking; this could take it one step further. ERP System Decision Making: Integrating AI into ERP systems could automate purchasing decisions based on real-time data on shipping rates and capacity.
Get Your FREE eBook Here. Get the FREE eBook Here. In this all new e-book, we will discuss 8 core areas that LTL shippers can focus on in order to have more efficient LTL shipping practices. Simply fill out the form to get your copy of the e-book right into your email inbox! 6 Transportation Management Trends for 2016.
Oliver Esch of procurement platform Shipsta by Freightos – which also asks their partners to use their formats – explained that this approach can really only provide piecemeal improvements in efficiency until industry-wide standards are developed.
download ebook. However, logistics focuses expressly on the movement and storage of products, while the supply chain goes into deeper detail, including manufacturing processes, procurement, and the flow of goods. The short answer is: not a heck of a lot! The short answer is: not a heck of a lot!
download ebook. The same issue must be considered regarding raw material procurement and delivery, proximity to your markets, labor availability, supply chain infrastructure, and logistics. The Trends that Will Forever Shape Manufacturing in 2018 & Beyond. How far will your vendors need to transport materials?
Download eBook. Starting his career in carrier procurement and management within a Fortune 100 logistics company, Lynch has held positions of responsibility in all areas of third party logistics. The Great Capacity Crunch: The Current State, Future Outlook, & How Shippers Can Thrive in Any Capacity Crunch.
And with more shippers wanting to optimize their freight procurement activities, he says the value of TMS will only continue to expand over the coming years. The rise in freight marketplaces will also continue, Sethi adds, as will the influx of transportation procurement tools like Coupa. Related White Papers & eBooks.
While no one solution can account for or prevent these disruptions, ensuring that you have complete, real-time transportation visibility for your shipments can vastly improve your shipping stability, speeds, procurement, and brokerage abilities.
As a supply chain leader, your input into IT procurement will be crucial , and you must know enough about your company’s technology needs to discuss them with vendors. Some examples of possible negotiation situations that you might get involved in, and in many cases, lead, include: Procurement of IT services and solutions.
Download ebook. Supply chain managers and executives should be mindful of these additional (read our first post of the top supply chain trends for this year) 2018 supply chain trends as the year progresses if they hope to stay competitive. . Learn the Landscape, trends, types, & applications. of the digital supply chain.
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