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Freight & Transportation Management Trends

Cerasis is excited to announce the release of an all new, exclusive, & educational resource “The Freight & Transportation Management Trends to Know in 2018” white paper!
This is a must read for those in the transportation & freight industries to stay on top of their games! Get a free copy of the white paper by filling out the form to the right.
The e-commerce market is expanding.

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supply chain managers

The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson, reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. Meanwhile, this large volume of expenses is directly related to 80 percent or a company’s working capital via inventory and accounts payable.

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procurement-supply-chain

Getting the raw materials needed to maintain production is one of the most important parts of the whole supply chain. If raw materials are unavailable, all subsequent processes are affected, which may result in increased costs to consumers and the respective companies as well. However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain.
1.

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The Industrial Revolution helped change and bring prosperity into the world of manufacturing. As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. By the mid-1950s, procurement had become a commonplace aspect of minor business, and procurement was almost comparable to secretarial work.

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supplier collaboration

As a sourcing or procurement manager, you may think there’s nothing new about supplier collaboration. Your chief procurement officer (CPO) most likely disagrees.Forward-thinking CPOs acknowledge the benefit of supplier partnerships. They not only value collaboration, but require a revolution in how their buying organization conducts its business and operations.

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future of procurement management

At Cerasis we work with our shipper customers who procure items every day and have needs for inbound freight management as they secure those products from their vendors. Increasingly, as we work with procurement folks at these companies, we are hearing that technology for better communication and to create more efficiency.