Procurement and Sourcing, Freight

The Realities of Freight Shipping: Tight Margins, Zero Room for Error

December 15, 2022

The Realities of Freight Shipping
While shippers book their freight shipments through multiple platforms, and often source insurance coverage through shipping partners, the Report reflects that the most popular booking method is to work directly with a transportation carrier. However, as a shipper’s revenue reaches upwards of $100M, the use of a Transportation Management System (TMS) increases.

Spotlight

Fred. Olsen

The company is in charge of the day-to-day management of Bonheur ASA (BON), listed on Oslo Stock Exchange. BON has owning interests in a fleet of drilling vessels, cruise vessels and transport- and installation vessels for offshore wind turbines. The companies also hold interests in other renewable energy activities, including a portfolio of wind farm projects.

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SICK AG WHITEPAPER INTELLIGENT PRODUCTION LOGISTICS FOR THE CONSUMER GOODS INDUSTRY

whitePaper | June 3, 2022

Production and intralogistics in the consumer goods industry are currently undergoing significant changes. This is the result of rising cost pressures and the need for greater automation as well as increasing product variants and customization. The changes that are taking place also relate to the goal of digitization: Every sensor, every machine, and all people involved in the production and intralogistics processes should be able to communicate with each other at all times. The vertical and, in the next step, horizontal networking of sensors, machines and factories is the systematic further development of this digitalization.

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Autonomous shipping

whitePaper | December 9, 2022

Autonomous shipping is set to revolutionize work in the maritime industry not by replacing humans on board vessels but by augmenting their cognitive capabilities to enhance the ship operators’ potential. As an example, the challenges are considered faced by the officer of the watch, who is responsible for ensuring a safe navigation of the vessel whilst keeping a watch on the bridge. Not only must she or he contend with working shifts and periods of fatigue and boredom, but also with spells on the bridge during which the outlook is impaired by darkness, fog or challenging weather.

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Turning Information Delivery into a Strategic Advantage

whitePaper | January 20, 2023

Delivering information via standard or overnight postal services or manual fax has substantial shortcomings. Manual processes are costly. In large organizations, the volume is hugethousands to hundreds of thousands of documents per month. Mailing them costs $1.20 or more per document (printing, postage and labor), while automated faxing costs $0.10 per document (figures based on US dollars.

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A holistic approach to sustainable shipping

whitePaper | May 20, 2022

Developing solutions for sustainable shipping requires a holistic view. Main engines for future vessels will no longer be used solely for propulsion. Instead, they will be part of an integrated energy system which in turn will be connected to other vessels, ports and even the complete transportation or logistics chain. Sustainable shipping solutions will also depend on the supply of fuels with a minimal carbon footprint, while future engines will need to be capable of using those fuels reliably, efficiently and with low emissions.

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GLOBAL SUPPLY CHAIN RISK MANAGEMENT PART 1: DIFFERENCES IN ATTITUDES

whitePaper | November 1, 2019

In the fall of 2009 MIT CTL conducted a global survey of supply chain risk experiences, attitudes, and risk management practices. Over 1400 supply chain professionals from 70 countries participated. The survey asked business and supply chain managers their opinions about the importance of risk prevention compared to response preparedness. Overall, 54% of respondents considered risk prevention more important, 30% viewed them as equal, and 16% considered response preparedness more important.

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On the road to the software-defined vehicle – developing andoperating software and services with greater efficiency

whitePaper | January 4, 2023

Digital platforms provide the basis for tool-assisted development and efficient operation of software-based vehicle functions and thus pave the way for various new use cases and business models. The platforms create an ecosystem that must serve as an attractive environment offering added value to both parties – i.e. the provider and the user of services. With PANTARIS, ETAS has developed a solution that is tailored to the specific requirements of the automotive sector. This enables faster development of new functions and easier integration of these functions into the vehicle.

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Spotlight

Fred. Olsen

The company is in charge of the day-to-day management of Bonheur ASA (BON), listed on Oslo Stock Exchange. BON has owning interests in a fleet of drilling vessels, cruise vessels and transport- and installation vessels for offshore wind turbines. The companies also hold interests in other renewable energy activities, including a portfolio of wind farm projects.

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