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The Approach to Effective Freight Procurement

The Logistics & Supply Chain Management Society

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. At the heart of it all, an effective procurement strategy remains paramount.

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Where to Start if You’re New to Procurement Sourcing Solutions

EC Sourcing Group

Where to Start if You’re New to Procurement Sourcing Solutions. There are many people who are not new to procurement and sourcing and its role in the supply chain but may be new to sourcing solutions and software. Procurement Sourcing Solutions : What Is Procurement Management?

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TrackVia’s Exceptional Inventory Management Capabilities

TrackVia

Many companies are realizing the critical role that effective inventory management plays in streamlining warehouse operations and maintaining an edge over competitors. Check out how UC San Diego improved their inventory and asset management processes.

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The Evolution of Asset Management: Humans, Inventory and the Rise of AI

The Logistics & Supply Chain Management Society

The Evolution of Asset Management: Humans, Inventory and the Rise of AI by Jeroen Hendriks , Director at Art of Supply Chain Sdn Bh In the ever-evolving landscape of organisational success, the spotlight is now on asset management. People are the most important assets that a business has.

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Push for Inditex to Disclose Zara Supplier Transparency

Supply Chain Matters

Zara ’s supply chain is consistently recognized as being the innovator in the practice of supply chain agility in retail and E-commerce driven supply chain network response management. Inditex itself annually publishes the number of suppliers among 12 core sourcing countries but reportedly does not provide names of individual suppliers.

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How to Use Information Technology in Supply Chain Management

EC Sourcing Group

However, the use of information technology in supply chain management has streamlined the world of procurement and purchasing through supply chain management, cloud software, and other types of IT that help boost supply chain efficiency. Inventory management. Return management. Order and supplier management.

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The Massive Opportunity Waiting for Oil and Gas in Asset Disposition

Requis

When we share these numbers, people are consistently astounded to learn how big they are: $189 trillion: the total value of assets owned by the Global 2000 in 2018, according to Forbes. $12 12 trillion: the annual procurement spend by the Global 2000 (our estimate based on several sources, see image below). $3