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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 transportation procurement process.
It’s Not the Market, It’s Your Procurement with Andrew Haverkampf. Andrew Haverkampf and Joe Lynch discuss it’s not the market, it’s your procurement. Key Takeaways: It’s Not the Market, It’s Your Procurement. Learn More About It’s Not the Market, It’s Your Procurement. Emerge is hiring: Emerge Careers.
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. These external factors are near-impossible to predict, forcing more frequent tender updates to remain inline with the market.
AI in supply chain automation is gradually reshaping how core functions operate, particularly in procurement, warehousing, and logistics. Key Insight: The use of AI in supply chain automation is producing tangible benefits across procurement, warehousing, and logistics.
By 2027, Gartner predicts that 40% of sourcing will be handled outside of the procurement function. How can procurement pros ensure that the process is efficient and unified for all users? For a synchronized and democratized approach to procurement, leaders are embracing total procurement orchestration solutions.
Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses. Ready to Transform Your Freight Operations?
Theyre feeling the heat most, as sudden trade policy curveballs throw procurement plans into chaos. Traditional procurement, with its long-term contracts and rigid supplier ties, just isnt cutting it anymore. Traditional procurement, with its long-term contracts and rigid supplier ties, just isnt cutting it anymore.
The freight procurement processes can be like navigating a maze – complex and challenging. As the saying goes, “smooth seas never made skillful sailors”, but how can you navigate these rough waters and come out on top?
Changes are on the horizon – especially for freight procurement teams. 2023 might be when shippers finally shift from a reactive to a proactive approach to start managing the industry challenges. To do so, leveraging new future-proofed technologies becomes a matter of make or break.
And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?
The post Artificial Intelligence (AI) in Procurement for the Hotel Industry appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management. AI helpsprocurement specialists to solve complex problems and enormous data more effectively by using software applications and smart computer algorithms.
Home Meet Freightos Procure: The Next Evolution of SHIPSTA Freightos Procure rebrands SHIPSTA, enhancing procurement with market intelligence and seamless booking within the Freightos Enterprise suite, empowering shippers to manage the entire freight lifecycle efficiently. Were raising the bar.
Read more Data-Driven Decision Making: Autonomous Procurement. The post Data-Driven Decision Making: Autonomous Procurement appeared first on Talking Logistics with Adrian Gonzalez. The seminar is based on the research report “From Gut Feelings to Data-Driven.
Ryan is the Co-founder and CEO of GoodShip , an all-in-one platform for supply chain analytics, carrier management, and transportation procurement About Ryan Soskin Ryan Soskin is a 13 year logistics veteran and three time startup unicorn alum with a long history in freight tech. Ryan Soskin and Joe Lynch discuss insight to action.
Procurement and supply chain leaders are presented with their fair share of challenges, with a host of tools and strategies to resolve them. That said, what’s the best path forward to leverage this year’s trends?
Read more The Unintended Consequences of Inconsistent Freight Procurement. The post The Unintended Consequences of Inconsistent Freight Procurement appeared first on Talking Logistics with Adrian Gonzalez.
Editor’s Note: The following is an excerpt of a research report published recently, “No More ‘Set It and Forget It’ – And Other Important Lessons Learned in Transportation Procurement Management.” Read more Important Lessons Learned in Transportation Procurement Management.
John is the Co-founder and COO of ISO , the only neutral platform that provides shippers, brokers and carriers with the ability to measure the total cost of transportation procurement. ISO helps customers measure the hidden costs of service, supercharge carrier procurement, and build stronger network relationships with more accountability.
Andrew is Vice President of Commercial Development for Emerge , the leading freight procurement platform. Andrew Semisch is Vice President of Commercial Development for Emerge, the leading freight procurement platform. The Emerge RFP solution provides additional visibility and flexibility into the freight procurement process.
Procurement is in the middle of a tech tsunami. Autonomous procurement. These innovations are converging and transforming how procurement teams operate. The GEP 2025 Procurement & Supply Chain Tech Trends Report breaks it all down. And if it feels like the old playbooks aren’t working anymore, that’s because they aren’t.
Read more The post How Shippers Can Uplevel Their Real-time Transportation Procurement Strategies? 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.
Since transportation is now one of the leading causes of CO2 emissions producing nearly a quarter of all greenhouse gas emissions (GHG) in the EU, the freight procurement industry is speedily aiming to reduce its carbon footprint.
Transforming the $800 billion freight industry, Emerge empowers meaningful logistics relationships through its award-winning Freight Procurement Platform. The world’s largest shippers and capacity providers use the Emerge Freight Procurement Platform daily, showing immediate ROI for procurement and saving valuable time in the process.
Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses. Ready to Transform Your Freight Operations?
Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? The paper highlights real-world examples and use cases that demonstrate generative AI's transformative effects on operational efficiency, risk management, and cost reduction.
Read more The post Negotiating With A Chatbot: A Walmart Procurement Case Study appeared first on Talking Logistics with Adrian Gonzalez. More than two-thirds of the respondents (68%) said they weren’t using AI and.
Mark McEntire is the Senior Vice President of Operations at Emerge , a freight technology firm that is reinventing freight procurement. Transforming the $800 billion trucking industry, Emerge empowers meaningful logistics relationships through its award-winning Freight Procurement Platform. Key Takeaways: The Secret Sauce.
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. Brad Wheeler and Joe Lynch discuss the freight-tech dilemma.
In the world of freight procurement, the tools we use can make or break our efficiency. As a procurement lead at Kühne + Nagel for X years, I was on the front line of answering dozens of tenders every single year. I experienced this myself first-hand for far too long across far too many ".xlsx"s xlsx"s and even ".xls"s.
And when it comes to procurement, focusing on digital transformation now can dramatically reduce costs, improve visibility and insight, and give you a significant competitive advantage. To find out, get your free copy of this must-read whitepaper: A 5-Point Strategy for Digital Procurement Transformation. But how do you get there?
At a recent industry conference, a shipper asked me many questions about transportation procurement, such as, “How do you best determine how long and how often to have transportation sourcing events?” Read more Why Benchmarking is the First Step to a Successful Freight Procurement Event. The good news.
In 2017, a strategy consultant was hired to do a top-to-bottom assessment of the Boston University procurement program. Randall Moore was hired as the new chief procurement officer in May. Facilities sourcing and construction contracting were centralized in the procurement department. They recommended a change in leadership.
Procurement became a logical place for leading healthcare systems to focus. As vice president of supply chain and procurement, Mr. Wengert was brought in to drive change. Hospital chains’ approach to procurement lagged far behind the practices employed by manufacturers, retailers, and distributors. “We
government vehicle procurement programs. The post Ronald Dixon to Lead Government Procurement Efforts for Mullen appeared first on NGT News. Mullen Automotive Inc. has brought in Ronald Dixon as general manager of government sales, with a focus on U.S.
When Hellenic Bank, a leading retail lender in Cyprus, set out to transform its procurement operations, it needed more than just software deployment. It required a partner that would help embed its intricate buying processes — with all its validations, risk assessments and tiered approvals — into a unified system.
Maddox is responsible for engaging with shippers offering tools that empower meaningful logistics relationships through its award-winning Freight Procurement Platform. Transforming the $800 billion freight industry, Emerge empowers meaningful logistics relationships through its award-winning Freight Procurement Platform.
With recent developments and continued volatility in the transportation industry, most procurement and logistics leaders have understood how essential it is to infuse their end-to-end freight process with relevant insights and additional execution power.
Today, I'm thrilled to announce our latest innovation that's set to reshape how we approach freight procurement events: Rate Refresh. As the founder and Managing Director of Shipsta by Freightos, I've witnessed firsthand how the freight industry has transformed over the years.
Hospital procurement, also referred to as healthcare procurement, is procurement for the healthcare industry. And as we know, the procurement process encompasses everything from identifying needs and sourcing the product through to handling logistics. Services: Maintenance, IT support, catering, laundry, etc.
Uncertainty is looming and the challenges supply chain and procurement leaders have been facing since the pandemic are unlikely to end in 2023. What do leaders need to know? Read the GEP Outlook 2023 report to navigate what lies ahead.
Discover why generic procurement platforms fall short in freight logistics and explore the benefits of specialized solutions for optimizing efficiency and cost management.
Learn how to optimize fuel surcharge management in freight procurement with 5 key strategies. Discover how SHIPSTA can help you stay ahead of market changes.
Procurement has never played such an important role in the increasingly globalised economy. Has procurement fundamentally changed itself in the past 10 years? Strategic Procurement can mean totally different things in different industries and sectors. The time when Procurement was almost a synonym to Purchasing has long gone.
How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility. One policy shift and your sourcing strategy is upside down.
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