NC State SCRC

APRIL 1, 2019

The second installation in our series on contract management research published by MBA students from my online Contract Management class is by Julia Condit, and focuses on the challenges of managing contracts in the pharmaceutical industry. Leakage of IP could mean huge losses for the company.

Pharmaceutical 40

Pharmaceutical Research Negotiating Skills Risk Management 40

Supply Chain Brain

JANUARY 15, 2022

Supply chain contracts aren't often a focus of operational efficiency or performance. This attitude has led to a litany of challenges so common that many companies consider them inevitable.

Retail 95

Retail Supply Chain Company Supply and Demand 95

Supply Chain View from the Field

FEBRUARY 9, 2015

I recently spoke with an oil and gas executive, who shared with me his thoughts on post-award contract management. He noted that “Demand management and specification management are some of the biggest problems encountered in post-award contracting.

Negotiating Skills 60

Negotiating Skills Buyer Training Purchasing Training Sourcing Strategies 60

Supply Chain View from the Field

NOVEMBER 12, 2015

We spent some time catching up on recent events in the news, and also had the opportunity to exchange ideas based on a recent webinar we ran with Shell, in which we discussed some of the outcomes of our recent study published in the Journal of Strategic Contracting and Negotiation (JSCAN). Agile contracting is challenging.

Purchasing Skills 60

Purchasing Skills Agile and Lean Supply Chain Negotiating Skills Procurement Solutions 60

Supply Chain View from the Field

SEPTEMBER 10, 2015

In this discussion, an issue that frequently comes up is the debate over spend analytics and contract management systems. ” But which one is more important – understanding your level of spending, or where your contracts lie? Spend gives you the direction on WHERE, and contract management systems tells you HOW.”

Analytics Software 60

Analytics Software Predictive Analytics Software Predictive Analytics Analytics 60

The Logistics of Logistics

JUNE 5, 2023

Blake serves as the Vice President of Safety for Ruan Transportation Management Systems , a family-owned dedicated logistics provider since 1932. About Blake Grolmus Blake Grolmus serves as the Vice President of Safety for Ruan Transportation Management Systems. Driver uniforms also reflect the customer’s brand.

Iowa 184

Iowa Warehousing Logistics Network Optimization Software Network Optimization Software 184

ivalua

FEBRUARY 10, 2023

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. Ivalua’s Contract Management module allows you to easily track milestones and consumption in real time across multiple agreements.

Sourcing Strategies 264

Sourcing Strategies Price Reduction Purchasing Skills Manufacturing Procurement 264

Logistics Viewpoints

APRIL 26, 2024

UPS is gearing up to move the majority of the Postal Service’s domestic air cargo volume under the new contract, which will be officially implemented the day after the FedEx deal expires. billion, said Mario Orso, project manager with Caltrans. The majority of the volume will fit within UPS’ existing U.S. The project on the U.S.

Logistics Network Optimization Software 149

Logistics Network Optimization Software Logistics Material Savings Baltimore 149

The Logistics of Logistics

APRIL 8, 2022

Dean is Driver and Team Safety Instructor for Ruan Transportation , a company that provides Dedicated Contract Transportation , Managed Transportation , Value-Added Warehousing , and Brokerage Support Services to customers across the U.S. The Basics of Dedicated Contract Carriage with Bob Elkins. About Dean Key.

Iowa 245

Iowa Logistics Network Optimization Software Wyoming Warehousing 245

Freightos

APRIL 15, 2024

Today, tech dominates their homepage, touching on self-service shipment management, tracking, quoting, PO management, warehouse management and more. For a deeper dive into the latest freight market trends, I strongly recommend Judah Levine’s weekly freight analysis, which you can register for right here.

Freight 269

Freight Logistics Network Optimization Software Global Supply Chain Network Software 269

NC State SCRC

JANUARY 26, 2018

A meeting of financial supply management executives, faculty, and IACCM thought leaders took place on January 26, 2018 in New York. A number of different topics were discussed during this session, and the agenda was kept fairly open in discussing how emerging technologies would impact the supply management and contracting space.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Analytics Software 40

ivalua

APRIL 7, 2022

The post Contract Lifecycle Management (CLM) Checklist appeared first on Ivalua.

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130

Logistics Viewpoints

FEBRUARY 19, 2024

Dr. Tang is a distinguished professor at the UCLA Anderson School of Management. The Boing contract accelerated the development of collaborative PLM solutions by over a decade. In 2017, a billion-dollar extension contract worth $1 billion and covering 30 years was signed between Boeing and Dassault.

Supply Chain Design Software 223

Supply Chain Design Software Manufacturing Procurement Logistics Network Optimization Software Supply Chain Software 223

ivalua

MAY 15, 2019

Contract Lifecycle management is an area we have seen huge demand in over the last year or two. Many of our customers leverage our contract management solution for both authoring or contract repositor. A specific application for Procurement involves contract analysis.

Data Management 150

Data Management Data Pricing Training Purchasing Training 150

Logistics Viewpoints

OCTOBER 30, 2023

They came without any changes to the DC network or the 3PL contracts. However, the project also identified savings from the consolidation of the third-party logistics (3PL) contracts. In many cases, these 3PLs were serving different automotive brands with separate contracts and different costs for the same service.

Vendor Strategies 230

Vendor Strategies Cost Reduction Strategies Modeling Inventory Reduction 230

Logistics Viewpoints

FEBRUARY 20, 2023

In the supply chain world, contract logistics – where a third-party logistics (3PL) firm runs and manages warehouses on behalf of their clients, is a $200 billion plus market. For example, in contract logistics, the 3PL makes use of a warehouse management system so that they can do the job efficiently.

Supply Chain Planning Software 212

Supply Chain Planning Software Logistics Network Optimization Software GEP Supply Chain Software 212

Supply Chain Brain

OCTOBER 29, 2021

a provider of supply chain collaboration solutions, announced a new partnership with Southie Autonomy, a Boston-based developer of intelligent robotics automation, to deliver versatile and easy-to-use robotic solutions for optimizing contract manufacturer and co-packer production labor. Nulogy Corp.,

Supply Chain Optimization 75

Supply Chain Optimization Price Mitigation Strategies Boston Supply Chain Software 75

The Logistics of Logistics

SEPTEMBER 2, 2022

Ben serves as CEO for Ruan Transportation Management Systems , one of the largest privately-held logistics firms in the U.S. Benjamin McLean serves as CEO for Ruan Transportation Management Systems , one of the largest privately-held logistics firms in the United States. Ben McLean and Joe Lynch discuss the Ruan story.

Iowa 186

Iowa Logistics Network Optimization Software Network Optimization Software Warehousing 186

Logistics Viewpoints

OCTOBER 20, 2022

For decades, shippers have sought proposals and awarded contract lanes to carriers. Shippers and carriers have described the process as time-consuming, and the results are often obsolete three months into a year-long contract due to market dynamics. Carriers routinely implement General Rate Increases during the contract period.

Freight 209

Freight Logistics Network Optimization Software Optimal Sourcing Jacksonville 209

Logistics Viewpoints

AUGUST 8, 2022

It has spot procurement functionality that you would see in a transportation management system (TMS), and the request for proposal (RFP) functionality you would see in contract planning or procurement solutions. Shippers can utilize their own network of carriers that is kept in their transportation management system.

Benchmarking 231

Benchmarking Freight Analytics Software Supply Chain Design Software 231

ivalua

OCTOBER 7, 2021

The post Ivalua Recognized as a Leader In The Forrester Wave™: Contract Lifecycle Management For Buy-Side Contract Suites, Q4 2021 appeared first on Ivalua.

130

130

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

This phase involves a series of well-defined steps to identify, select, and contract transportation service providers. This document outlines the shipper’s shipping requirements, expectations, evaluation criteria, timeline and contract terms. Work with legal and procurement teams to draft the contract documents.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

The Logistics of Logistics

FEBRUARY 22, 2023

Brian serves as Vice President of Sales at LTI Trucking Services , an asset-based truckload carrier and 3PL specializing in temperature-controlled contract service. About Brian Gibala Brian Gibala is the VP of Sales at LTI Trucking Services, an asset-based truckload carrier and 3PL specializing in temperature-controlled contract service.

St. Louis 213

St. Louis Forecasting Logistics Network Optimization Software Missouri 213

NC State SCRC

APRIL 19, 2016

Ed Hansen from the law firm of Morgan Lewis presented on the essentials of writing a good contract. Good is a difficult word here, but it it important to think through how contracts operate in the “complex” world. An important caveat is to differentiate contracting in terms of commodity vs. complexity deals.

Negotiating Skills 40

Negotiating Skills Negotiate Pricing Price Reduction Cost Reduction Strategies 40

NC State SCRC

NOVEMBER 24, 2016

Proponents of integrated supply management propose that successful Contract Management (both pre and post award) requires a collaboration between the business functions (Engineering, Operations, Maintenance) that have the need (demand, specifications & service levels) that require contracting with third party services.

Negotiating Skills 40

Negotiating Skills Optimal Sourcing Purchasing Skills Procurement 40

ProcurePort

NOVEMBER 20, 2023

Online Contract Management Safety Overview: Strong security measures, like encryption and access controls, are important for keeping online contract management systems safe. To deal with risks like data breaches and unreliable vendors, we need to be proactive. appeared first on ProcurePort Blog.

System 52

System Training Price Mitigation Strategies Security 52

Logistics Viewpoints

MARCH 22, 2024

First, Chinese robotic company Unitree has built a humanoid robot (H1) that has managed to break the speed record held by its mechanical counterparts. The $2,500 spread between spot market rates and long-term freight contract rates for Asia to U.S. The index is dominated by contract freight as opposed to spot market freight.

Logistics Network Optimization Software 225

Logistics Network Optimization Software Cost Reduction Strategies Vendor Strategies Panama 225

The Logistics of Logistics

JULY 13, 2022

Steve is he Managing Director of Haxlar , an integrated manufacturing solutions provider, delivering design, manufacturing, sourcing, supply chain, and product management services for a wide range of industries. Steve earned a BA in Economics and Management and an MBA. About Steve Elwell. About Haxlar.

Supply Chain Disruption 171

Supply Chain Disruption Supply Chain Design Software Supply Chain Design Manufacturing Procurement 171

ivalua

JULY 11, 2022

New release features AI-powered contract management, more seamless messaging and communications, supplier risk and performance enhancements and procure-to-pay efficiency . AI-powered contract management. On the AI front, Ivalua enhanced its leading CLM solution with AI-Powered Contract Data Capture. About Ivalua.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Software Procurement Solutions Gartner 130

The Logistics of Logistics

DECEMBER 22, 2021

The Basics of Dedicated Contract Carriage with Bob Elkins. Bob Elkins and Joe Lynch discuss the basics of dedicated contract carriage. Bob has almost 30 years of experience in the transportation industry, including global account management, operations leadership and commercial services. About Bob Elkins. About Ruan.

Logistics Network Optimization Software 130

Logistics Network Optimization Software United States Material Savings Price Reduction 130

ivalua

APRIL 6, 2020

Intermixed with the enormous human tragedy, business disruption, and economic impacts, we are seeing some rarely used and often overlooked contract clauses triggered to help organizations protect themselves and minimize losses. In these cases, the value of having a contract management process that has been completely digitized is evident.

Purchasing Skills 182

Purchasing Skills Logistics Network Optimization Software Procurement Solutions Global 182

QAD

APRIL 13, 2023

While Contract Pharma & BioPharma manufacturers continue to experience an increase in demand for more projects, new challenges are emerging from nearly every angle including new regulatory and quality requirements, workforce shortages and of course, supply chain disruptions. is likely to reach 2.1

Pharmaceutical 94

Pharmaceutical Sourcing Strategies Manufacturing Procurement Optimal Sourcing 94

Precoro

JANUARY 29, 2024

That’s why developing an exhaustive procurement management plan is not just a strategic move to keep spending under control and mitigate financial risks ; it's also a necessity for navigating the complexity of changing markets and ensuring the uninterrupted flow of business operations. Contract management practices.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 98

Logistics Viewpoints

FEBRUARY 26, 2024

We had to go off contract and find our own. The organization realized that everything they had saved over the last 10 years by contracting with a preferred vendor, they lost in three months when they had to go off contract and find alternative suppliers. We need to start asking these questions during the contracting process.

Supply Chain Planning Software 249

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 249

Logistics Viewpoints

AUGUST 25, 2023

The Alphabet X graduate already manages 11 drone hubs in the region. The Teamsters said in a statement that 86% of the votes casts were in favor of ratifying the national contract. After negotiations broke down in early July, Atlanta-based UPS reached a tentative contract agreement with the Teamsters just days before an Aug.

Logistics Network Optimization Software 198

Logistics Network Optimization Software Negotiating Skills Logistics Fort Worth 198