After hinting at a brokerage and managed services integration in its latest earnings report, Uber Freight has launched a spot market update to Uber Freight Exchange to combine its carrier and shipper networks.
This feature empowers GoodShip’s shippers to craft personalized constraints, aligning with supply chain goals for optimal, strategic procurement decisions.
Uber Freight Exchange is designed to unlock operational efficiencies and compress the time it takes to procure, eliminating the back-and-forth of traditional mini-bids by bringing the process onto one single tool.
Low-volume contract lanes are often overlooked due to their size, but if mismanaged, these small volumes can have a large impact on a shipper’s bottom line.
“Once shippers get up and running on GoodShip, they invite their carriers onto the platform. This creates a multiplayer experience where each party has access to modern analytics, creating a single source of truth,” says CEO Ryan Soskin.
Public sector procurement officers face the same challenges as commercial CPOs as they seek out ESG, diverse and local goods.
Panelists at Amazon Business’ Reshape 2022 conference talk strategies and advice to succeed with ESG initiatives.
This white paper explores the challenges in the logistics procurement market and the tactics best-in-class teams use to regain control of capacity and cost while ensuring procurement excellence.
This year, American consumers are expected to spend $7.7 billion – a number that has climbed over $1 billion since 2019 – on food items leading up to the July 4 holiday.
“The cost of trucking is dramatically going down and we’re hitting a recession that is not going to get any better. It’s surprising how many shippers are running annual bids when they should be running three-month bid cycles on almost all of their lanes,” said Emerge founder and CEO Andrew Leto.
Sustainability database provider HowGood announced it closed a $12.5 million funding round to expand its capabilities and clients.
Agility is more important than ever, as pandemic-related headwinds continue to play out and new technologies strengthen competing companies by offering increased flexibility.
Modern Shipper talked with Sourcemap CEO Leo Bonanni and investor Juan Muldoon to break down the company’s new funding raise.
Software platform JAGGAER is automating the entire procurement process for buyers with its all-in-one sourcing solution.
Blume Global’s customers have access to the manufacturing solutions provided by LiveSource, including tools for value analysis and engineering, product part approval processes, advanced product quality planning and nonconforming reporting.
Transportation procurement system will handle $4B worth of bids this year.
Why is now the right time to innovate transportation procurement? What are the main challenges to changing the status quo and how do you overcome them? How are logistics networks and technology platforms enabling new approaches to transportation procurement? What will separate the leaders from the laggards moving forward? FreightWaves and Kuebix are partnering to host an hour-long webinar on Tuesday, September 21 at 2pm ET, where industry analyst Adrian Gonzalez will address those questions and more.
“For midsize transportation suppliers, their viability depends on their procurement process,” says Keelvar founder and CEO Alan Holland.
Procurement teams would have to change strategies from being reactive to proactive to handle black swan events or global trade standoffs.
FreightWaves is partnering with Uber Freight to present a one-hour webinar on Tuesday, October 22 at 2pm ET to share current trends and innovations in procurement and discuss how shippers can prepare for 2020.
In partnership with Slync… Markdowns cost retailers $300 billion a year, and inventory mismanagement is largely to blame.
