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9 steps to leverage the spot market

9 steps to leverage the spot market

This eBook provides a comprehensive overview of the spot freight market and explains how to leverage it to improve your procurement strategy, your transport assignment operations and your business’s bottom line.

 

Read it now and gain an understanding of:

 

  • The dynamics of the spot market vs. contracted freight

  • Which lanes to assign via spot market for optimal efficiency

  • The benefits of automating the assignment process

 

Transportation Pulse Report 2024

Transportation Pulse Report 2024

Prepare for dark clouds on the horizon.

 

Find out from industry experts why automation, real-time insights and collaboration are more important than ever to prepare and respond effectively to the challenges ahead.

 

Adrian Gonzalez has curated a comprehensive view of the industry's trajectory, using exclusive insights gained from interviews at Transporeon Summit 2023.

 

Science-based transportation: shifting the portfolio mix

Science-based transportation: shifting the portfolio mix

Written by Dr. Angela Acocella, a Researcher at Tilburg University School of Economics and Management and the MIT Center for Transportation & Logistics, this report contains actionable insights, based on scientific research.

 

Find out:

 

  • How shippers can identify network segments unsuitable for contracts and strategically opt for spot assignments
  • How alternative contracts like dynamic pricing can outperform traditional fixed-price contracts

Mastering Freight Procurement: 10 expert tips for launching better RFQs

Mastering Freight Procurement: 10 expert tips for launching better RFQs

Our experts share their accumulated knowledge in this whitepaper to equip you with invaluable process-based expertise and dramatically increase your Freight Procurement RFQ success.

 

What’s inside:

 

  • 10 detailed and universal tips derived from years of experience
  • Expert-approved checklist to launch a well-prepared bid invitation

Do you want to stay ahead of the curve and make sense of changing market dynamics? Look no further!

Do you want to stay ahead of the curve and make sense of changing market dynamics? Look no further!

Our Market Update Webinar: Navigating Road, Ocean and Air Freight Markets will equip you with valuable insights into current market challenges across road, ocean and air transport. 

 

Watch and learn as our industry experts leverage the latest data from Transporeon to ensure you are well-informed on the key trends and shifts affecting transportation. 

 

But that's not all! We were thrilled that Mark Gibson, Manager FAP and Pricing Management at NCR Corporation, also joined us for an insightful discussion on the developments and impact of the current market situation. 

 

The market waits for no-one! Watch this webinar now to stay informed and learn how to adapt and thrive in today's ever-changing business landscape.

Five reasons why your business needs to join the automation revolution

Five reasons why your business needs to join the automation revolution

The spot market has always been a challenging place. Supply chain disruptions, market fragmentation, and pricing uncertainty all contribute to a complex, fluctuating marketplace dominated by manual effort and time-consuming procurement processes.
 

Dive in to discover how to:
 

  • Increase productivity by 20% 

  • Achieve average match times of just one to two hours 

  • Reduce costs by 8-12% on average

From Gut Feelings to Data-Driven Decision Making: How to Unlock New Value in Transportation Management

From Gut Feelings to Data-Driven Decision Making: How to Unlock New Value in Transportation Management

Our report presents and assesses the countless advantages to exploiting data for all its worth.

 

Find out how to:

 

  • Use market intelligence to save time and money
  • Exploit freight audit as a source of actionable transportation data and intelligence 
  • Deepen the value of network-based transportation management platforms with automation

Network Horizon Report 2022: 7 key discoveries from carriers

Network Horizon Report 2022: 7 key discoveries from carriers

The report summarizes the findings of our Global Carrier Survey 2022.

Use it to:
 

  • Support your efforts to stress-test your current strategies with a deepened understanding of the entire logistics landscape based on market-leading logistics data and trusted insights 
  • Make progress towards stabilizing relationships with shippers based on new findings representing industry-wide sentiment, despite major pressure caused by supply chain shortages and energy prices 

Transportation Pulse Report 2023

Transportation Pulse Report 2023

Welcome to the Platform Era.

 

Bridging the gap between the transportation of today and tomorrow: gain insights into transformational trends, greater collaborations and new platform solutions.

 

Authored in collaboration with Adrian Gonzalez, Founder of Talking Logistics and President of Adelante SCM, the third edition of our annual Pulse Report is based on the views and experiences of industry leaders from around the world.

Powered by the Network

Powered by the Network

Matching freight demand with capacity is becoming increasingly challenging, especially in today’s volatile environment. Carriers are rejecting up to a quarter of all contract loads, forcing more Shippers into the spot market. The solution to this imbalance is an investment in network-based transport management systems. New technologies make automated freight-matching possible for both Shippers and Carriers at a whole new scale.
 

This original report includes survey responses from industry insiders and expert analysis from Adrian Gonzalez, President of Adelante SCM. 

BLOG

Market Update: One Platform for All Modes 

Transporeon’s single platform provides an unmatched, mode-by-mode picture of the transportation sector. Our unique ‘Market Update’ webinars, backed up by simple graphs and visuals, make essential viewing and reading for shippers, carriers and industry stakeholders.

BLOG

Sea Level: the ocean blog

Every month we provide you with critical updates on Global Ocean Freight, sourced from our own Market Intelligence solution, including expert analysis from our freight specialists.

BLOG

Freight sourcing automation and smart assignment powered by AI

One new opportunity is AI-powered sourcing automation, or autonomous procurement.

“There’s a reciprocal relationship between big data and AI,” explains Ken Casey in an October 2019 article in The Enterprisers Project. “The latter depends heavily on the former for success, while also helping organizations unlock the potential in their data stores in ways that were previously cumbersome or impossible.”

BLOG

Artificial intelligence applied to transportation

A dominant theme of the coming two decades is the arrival of artificial intelligence (AI) into the workplace, including in the data intensive area of logistics. Unlike earlier trends that were enabling staff to do more, AI has the potential and the complexity that it raises two major questions for logistics leaders: Where will we find the talent to deploy AI, and to what degree will AI’s ability to handle activities that we pay workers to do revise our ideal workforce? The rest of the article provides one avenue to assessing where to place AI within a logistics operation, using procurement as an example, and how to estimate the change in roles it offers to the staff around it.

10 questions on Autonomous Procurement

It seems everybody is talking about autonomous procurement, but nobody has all the answers. Until now!

In the latest episode of our popular quickfire video series, Adrian Gonzalez fields 10 killer questions on our Autonomous Procurement solution to Transporeon’s Director of Business Consulting, Jan Rzehak.

Find out how this data-driven approach will transform your spot procurement into a streamlined, fully automated procedure, leading to significant savings in both cost and effort.

Don't miss this opportunity to learn from the best in the business!

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SEMINAR

Data Driven Decision Making: Autonomous Procurement with Nestle

Learn how and why it’s time to build the business case for Autonomous Procurement with insights to help you weigh up the benefits of choosing AI-powered transportation technology. Powered by original survey data, find out what carriers and shippers think about the transportation process — and what’s going to happen in the future.

CASE STUDY

AB InBev Brews Up Spot Freight Savings with Transporeon Autonomous Procurement

ABInBev chose to rewrite its own history when faced with new levels of volatility resulting from the global pandemic. After a 45 day pilot proved double-digit savings were possible on spot buying, the multinational drink and brewing company was more than ready to embrace a change. Now, Anheuser-Busch is one of the best spot buyers in the freight market.

Anheuser-Busch (AB InBev)
Largest spot buyer in the world swaps best-in-class proprietary process for Transporeon Autonomous Procurement.
Tens
of millions of financial impact.
Double digit
savings in a highly volatile freight market.
80%
reduction in FTE requirement.
10%
direct reduction on spot rates.

Infographics

Navigating supply chain risks: Three strategies to create resilience during uncertain times

Navigating supply chain risks: Three strategies to create resilience during uncertain times

In today's dynamic business landscape, supply chain professionals face a variety of challenges. While unpredictable events are unavoidable, their impact can be mitigated – and even used as a force for transformative change. 

Discover the three key strategies that will help you supercharge your supply chain:

 

  • Carrier management 

  • SWOT analysis and sanity check  

  • Forecast & action methodology 

How to become a Shipper of Choice: Rate Structure

How to become a Shipper of Choice: Rate Structure

Receiving as many good quality rates as possible is one of the most important outcomes of a tender. But how do you achieve this?

  • Keep it simple 
  • Use an efficient rate structure 
  • Optimise your tender strategy 
  • Allow flexibility in your bidding process

How to become a Shipper of Choice: Documentation

How to become a Shipper of Choice: Documentation

To navigate these challenging times, shippers need to adopt a strategic tendering approach. And a good tender starts with good documentation. What does a good tender document look like?

 

  • Clear, accurate information

  • High-quality data

  • Carefully structured

  • Succinct and to the point

How to become a Shipper of Choice: Fuel Floater

How to become a Shipper of Choice: Fuel Floater

Implementing a widely accepted and well-understood fuel floater for your main carrier base is crucial. Use our checklist to minimise risks, avoid frequent price renegotiations, and secure your contracted carriers.

 

  • Choose the right floater model for each transport mode 
  • Ensure your fuel model is accepted by every carrier  
  • Regularly evaluate your pricing strategy 
  • Always use a readily accepted fuel source 

How to become a Shipper of Choice: Communication

How to become a Shipper of Choice: Communication

Becoming a valued shipper all starts with great communication. We’ve put together a simple guide, with the steps you need to take to foster strong relationships with your carriers and ensure smooth operations.

 

  • Communicate throughout the tender process 

  • Find the communication methods that best suit both parties 

  • Implement a communication matrix 

  • Schedule regular reviews about the communication matrix 

Want more insights? Get in touch with us:

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