article thumbnail

The Key Difference Between Reverse Auction and Bidding

ProcurePort

Defense Logistics Agency, reverse auctions were able to save around $1.6 The post The Key Difference Between Reverse Auction and Bidding appeared first on ProcurePort Blog. Reverse auctions can bring huge success to your business if they are executed correctly with a well-defined e-Sourcing process. According to the U.S.

Bidding 130
article thumbnail

Logistics supply chain company closing 2nd Midstate facility – ABC27

Let's Talk Supply Chain

In the heart of‍ the bustling Midstate ‍region, a once-thriving logistics supply chain company is facing a ‍paradigm shift as it announces the closure of its second‍ facility. This unexpected development has sent shockwaves through the industry, leaving employees and clients alike scrambling for alternatives.

professionals

Sign Up for our Newsletter

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

article thumbnail

456: Reach Supply Chain Excellence, with ITS Logistics

Let's Talk Supply Chain

Today Im joined by people-first logistics company, ITS Logistics. ITS Logistics is one of North America’s fastest-growing, asset-based modern 3PLs, providing solutions for the industrys most complicated supply chain challenges. ITS has always been about smart, customer-driven growth.

article thumbnail

Agentic AI in Supply Chains: The Future of Decision Making

SCMDOJO

The Role of Agentic AI in Supply Chains Supply chains are dynamic and complex, requiring continuous decision-making across multiple functions, from procurement and inventory management to logistics and demand forecasting. Automates bidding processes and cost optimization. Assesses supplier bids and optimizes contract terms.

article thumbnail

Logistics Budget Getting Hammered on the Spot Market?

Supply Chain Collaborator

The secret to superior cost control when entering the spot market is: provide a competitive bid environment for carriers to bids on loads transmitted electronically through your TMS. Does your TMS solution provide a competitive bid spot bid management tool? The post Logistics Budget Getting Hammered on the Spot Market?

Budget 100
article thumbnail

Supply Chain Weekly Wrap-Up 04/14/2023-04/20/2023

All Things Supply Chain

EU finalizes €43 Billion European Chips Act The European Union (EU) has finalized a €43 billion bid to increase domestic semiconductor production, in the wake of prolonged and ongoing disruption…

Bidding 246
article thumbnail

Supply Chain Weekly Wrap-Up 02/24/2023-03/02/2023

All Things Supply Chain

China calls out Australia after rare material deal is blocked China has called out the Australian government for blocking a bid by a Chinese-linked company to boost its ownership in…

Bidding 246