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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? appeared first on UltraShipTMS.

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Hurricane Florence, Disaster Recovery Logistics Planning and TMS Solutions

Supply Chain Collaborator

TMS solutions and associated logistics IT tools are a critical part of any successful volume shipper’s supply chain risk management plan. Here’s how some of the unique challenges posed by disaster recovery logistics planning is effectively addressed by a strong TMS solution.

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Brilliant Logistics Life Hack for Transportation Planners in 2019

Supply Chain Collaborator

The following logistics life hack, specifically directed at transportation managers, presses an existing TMS element into service in an unexpected, unorthodox way and promises to save shippers significantly on freight costs by providing an innovative way to validate rates in a volatile environment. Here’s how it works.

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Spot Quote Automation Solution Proven to Reduce Freight Spend Nearly 6% on Average for Volume Shippers

Supply Chain Collaborator

UltraShipTMS Technology Unleashes the Power of Competitive Bidding to Drive Freight Spend Down and Increases Access to Scarce Truckload Capacity. Once tenders are submitted, a shipper enjoys real-time visibility into all the bids proffered by participating respondents. savings on expedited freight costs.

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Top 10 Challenges in IT Procurement!

Supply Chain Game Changer

You achieve the process via tendering and competitive bidding. The supply process is faced with various issues, including increasing costs, the potential of fraud, logistics that are unreliable, and economic or political market factors. Featuring Our 12 Best Procurement Articles! Technology Is Fast Changing.

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Is Single Sourcing, or Sole Sourcing, Dead?

Supply Chain Game Changer

Lockdowns have resulted in the temporary closure of Manufacturing and Distribution facilities and discontinuation of Logistics and transportation modes. In the case of single sourcing a competitive bidding process is usually conducted before a business aware. More resource may be required to manage more suppliers.

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What to Look for in a Managed Procurement Services Provider

Empowering CPO

Procurement, which refers to the process of finding, acquiring, and buying goods, services, or works from an external source, often via a tendering or competitive bidding process, plays a critical role in determining a company’s efficiency and profitability. This is where managed procurement services come into the picture.