Introduction to Freight Procurement What is Freight Procurement? Freight procurement is the strategic process of sourcing transportation services to move goods across various points in the supply chain. It’s not just about getting the cheapest shipping rate—it’s...
Dissecting the Distinctions: Sourcing, Purchasing, and Procurement Although these names are sometimes used synonymously, they are not the same. Purchasing, procurement, and sourcing are all concerned with the operation of your supply chain. All of the terms, however,...
The relevance of profitable freight and logistics pricing strategies is highlighted by the combined effects of increasing industry competitiveness and rising transportation costs. By now the logistics industry is in turmoil for well over a year with no relief in sight...
How do you rally your carriers around your freight tender? For many, shippers and carriers alike, freight tenders are a necessary evil, yet one has to put in full effort to get satisfying results. Often this does not happen and tenders are not complete, are stretched...
What is the difference between old and new technology in logistics sourcing and procurement? How does it affect the freight tender process? The time of tendering freight and logistics services via outdated, generic platforms is slowly coming to an end. Carrier users...
Freightender – 3 Excel Practices Sourcing Can Stop Doing Today Many companies have, over the last 15 years, evolved transportation sourcing to strategic procurement processes with a dedicated staff. Nevertheless, there is still plenty of room for improvement in...
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