Remove 2020 Remove Company Remove Procurement Analytics Remove Transportation
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Freight Procurement is a Different Game

Logistics Viewpoints

Procuring transportation for freight is much different than any other procurement category. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. One master of freight procurement is Kyle Masters. The freight market is mercurial.

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Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

Yes, companies held more inventory (measured in days of inventory) in 2019 than at the start of the 2007 recession. Commercial and operating teams in manufacturing organizations greater than 5B$ in annual revenue were more aligned in 2007, at the beginning of the recession, than in 2020, the start of the pandemic. Rise in Inventories.

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Capitalising on Supply Chain Digitisation with Robotic Process Automation – 10 Areas of Opportunities – LogiSYM August 2020

The Logistics & Supply Chain Management Society

Organisations that have successfully implemented RPA initiatives report cost savings of up to 80% and time savings of up to a staggering 40%. Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Purchase Order Management.

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What Do You Mean By Supply Chain Visibility?

Logistics Viewpoints

FourKites CEO, Matt Elenjickal One of the two leaders in the real-time transportation visibility market is FourKites. The CEO – Matt Elenjickal – told me that the company has roughly $100 million in revenue. This allows the company to do some interesting benchmarking. I attended my first Visibility conference in 2020.

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Supply Chain Leadership Driving Industry 4.0 & Resilience During Crisis – LogiSYM July 2020

The Logistics & Supply Chain Management Society

Quick solutions to employee shortages, remote working, and to ensure health and safety across the company need to be deployed. Innovation and supplier management calls for cloud-based integrated systems between partners and advanced predictive models. Efficiency and cost management. Agility and visibility.

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Walmart Lowers their Shipping Requirements, but their Suppliers Still Struggle

Logistics Viewpoints

Since September of 2020, 98% has been Walmart’s OTIF requirement. Walmart is not the only big retailer with OTIF requirements, but as the world’s largest retailer, and a company with stringent requirements , Walmart’s OTIF requirements are top of mind for consumer goods companies. Proving that it arrived in-full is.

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2020 Requires Big Wings and Feet

Supply Chain Shaman

The fall ritual precedes the dropping of the ball on Times Square to ring in 2020. The budget is for a fiscal year with quarter reporting and updates. The direct connection between the two processes increases costs and increases error. Companies need to rethink the misguided thinking on one-number forecasting. #2