Transparency in freight procurement is paramount to success. In an industry riddled with moving parts, it’s important that shippers see the complete picture so they can maximize supply chain efficiency. Unfortunately, multiple roadblocks lay in the way. Here are a few things shippers, and transportation departments, should consider in order to cultivate a transparent freight procurement operation.

Originally posted on StrategicCFO360.

Black Friday is right around the corner. And, while the early shopping rush may typically be fueled by bargain hunting, this year’s early shopping is being spurred on by fears over product shortages and delays.

Originally posted on Inbound Logistics on 9/11/2021.

Set to generate more than $550 billion in revenue by 2024, arguably no sector in the technology world is growing more rapidly than artificial intelligence (AI) and machine learning (ML). And while AI may be experiencing well-known impacts on industries such as healthcare and retail, it's also quietly affecting logistics and shipping, particularly freight procurement.

Freight transportation is a large contributor to air pollution. According to The United States Environmental Protection Agency (EPA), the U.S. logistics industry ships millions of tons of goods daily, consuming massive amounts of energy/ oil. By 2045, an increase in global commerce is expected to boost US shipments by 45%. And when the number of shipments increases, so does fuel consumption. 

Originally posted on SupplyChainBrain on 9/15/2021.

Originally posted on Food Logistics on 9/24/2021.

Energy Shipping Management

Hurricane Ida had far-reaching impacts on several business sectors -- particularly on energy. Energy shippers, carriers, and freight procurement teams are no strangers to having to navigate several unique nuances and challenges given the sensitivity of what they are shipping. But the destruction of Hurricane Ida threw a whole new level of complication into the mix. 

Originally posted on Food Manufacturing on 9/21/21.

AI is becoming a power player in logistics just as it has been in many other industries. The ability to automate the freight procurement process to positively impact key performance metrics, such as on-time delivery (OTD) is helping ease the strain for many shippers-- especially when capacity is tight!