Claritum

AUGUST 28, 2018

Claritum Article - Procurement Blog. Contents. Introduction. 1. Eliminating or reducing competition. 2. Biased supplier selection. 3. Biased contract negotiation. 4. Low bid with knowledge that over or false payments can be extracted. 5. Does that capture the problem? Introduction. The expression of loading the dice refers to the extra weight on the inside of a loaded die that causes the opposite side of the weighted side to come up more often.

Negotiate Pricing 32

Negotiate Pricing Negotiating Skills Procurement Price Reduction 32

ToolsGroup

AUGUST 28, 2018

Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. You can see a longer version of the interview here on the Microsoft website or my slightly abridged version below. Colin: What are some of the global trends currently impacting demand modeling, supply chain planning, and supply variability?

Optimal Sourcing 136

Optimal Sourcing Manufacturing Procurement Optimization Software Modeling 136

GlobalTranz

AUGUST 29, 2018

Supply Chain Facilities Management includes unique challenges and requires out-of-the-box thinking to be successful. Successful supply chain management includes successful Facilities Management , meaning the facilities must work at maximum efficiency to meet guest demands, explains Inbound Logistics. However, supply chain facilities can range from warehouses to forward-stocking locations in the supply chain network.

Expense Reduction 138

Expense Reduction Supply Chain Software Inventory Reduction Supply Chain Strategy 138

Freightos

AUGUST 28, 2018

This article originally appeared on JOC.com. . Long before there were trucks, trains, and planes, there were ships. Ships transformed travel and warfare, enabling humans to see beyond their villages and into the world. Most importantly, they unlocked global trade. In today’s Information Age, the world’s pace has accelerated. It is hard to imagine that not so long ago people once waited for the morning paper to see how stocks closed the day before.

Pricing Training 120

Pricing Training Negotiating Skills Purchasing Training United States 120

Advertiser: GEP

The technological landscape is dynamic and changes quickly. And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?

Supply Chain Software

Talking Logistics

AUGUST 30, 2018

Finding the right warehouse is arguably one of the most important decisions your company will make. It has the potential to be not only be a powerful, industry-leading storage and shipping center, but also the literal hub of your logistics — including returns, reshipments, and other nuanced supply chain tasks. It needs the ability to grow with your ambitions without demanding too much of your bottom line, and there are a lot of configuration and feature choices to weigh before signing on t

Warehousing 126

Warehousing Real Estate Supply and Demand Demand Planning Software 126

GlobalTranz

AUGUST 30, 2018

ERP systems are a raging trend in the corporate arena these days – these miraculous platforms are a sure shot way to infuse productivity into your routine operations! The manufacturing industry is experiencing a global boom, and this is the very reason that modern manufacturers need a great ERP solution to improve efficiency. The Manufacturing Industry Faces a Number of Challenges in its Daily Functioning ERP systems can augment smooth workflow and speed up inventory management, manage market fl

Inventory Management Software 122

Inventory Management Software Supply Chain Planning Software Demand Planning Software Optimization Software 122

Kinaxis

AUGUST 30, 2018

by Mike McAllister It’s important to feel validated, in life, and in business. That’s why we’re particularly excited to share the news of Gartner’s most recent research, the 2018 Magic Quadrant for Supply Chain Planning System of Record. In it, Gartner positions Kinaxis in the Leaders quadrant for the third consecutive time, providing what we think is some pretty weighty validation for our vision of what a supply chain planning platform should be.

Supply Chain Planning Software 111

Supply Chain Planning Software Supply Chain Design Software Gartner Demand Planning Software 111

Talking Logistics

AUGUST 29, 2018

Not having adequate visibility to your shipments, orders, or products is an ongoing challenge for many companies. You may have very good visibility in some areas of your supply chain, but have poor visibility or blind spots in other areas such as transportation. How do you go about identifying and closing those visibility gaps? How are new technology capabilities helping in this effort?

Supply Chain Visibility 113

Supply Chain Visibility Real-time Visibility Inventory Management Software Analytics Software 113

Logistics Viewpoints

AUGUST 27, 2018

Historically, companies looking at a technology solution would put together a detailed business plan, and then only implement the technology if the forecasted financial returns exceeded their return on investment (ROI) target. But more companies are experimenting with next generation robots and other digital technologies, regardless of whether the ROI is there or not.

Forecasting 101

Forecasting Forecasting Software Supply Chain Planning Software America 101

Tenney Group, an industry specialized M&A Advisory firm in the T&L space, produced the 2024 Annual M&A Report. The report contains an in depth overview of 2023 notable deals and the market, while also providing the outlook for 2024 M&A.

Report

GlobalTranz

AUGUST 28, 2018

Hello and welcome back to another episode of “The Freight Project Podcast!” On today’s episode, we welcome Margaret Bendis, US Marketing Specialist for a company called EazyStock a cloud-based software-as-a-solution (SaaS) that optimizes inventory management. We hope you enjoy “The Freight Project Podcast.” You can subscribe and find this podcast on Apple iTunes, Google Play, Spotify, Soundcloud , YouTube , and iHeartRadio!

Inventory Management Software 122

Inventory Management Software Optimization Software Supply Chain Software Logistics Network Optimization Software 122

Logility

AUGUST 28, 2018

Durable goods , also referred to as hard goods, are items that are not supposed to quickly wear out, or more specifically, goods that yield utility over time. Planned obsolescence , or built-in obsolescence, is a policy of planning or designing a product with an artificially limited useful life, so it will become obsolete after a certain period of time.

Supply Chain Planning Software 100

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Design Software 100

Talking Logistics

AUGUST 28, 2018

No doubt about it: this trucking environment is sending plenty of truckload budgets into the red. What can shippers do to navigate this market? Take your cue from the latest findings of MIT researchers. Using data from TMC, a division of C.H. Robinson , the researchers examined the best practices that separate Leaders from Laggards in getting better truckload rates and performance.

Research 106

Research Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 106

Enterra Insights

AUGUST 30, 2018

Numerous articles have been written about the importance and benefits of digital supply chains. Analysts from PLS Logistics note, “A digital supply chain is similar to a typical supply chain, but the foundation is built on web-enabled abilities. Many supply chains use a combination of paper-based and IT-enabled processes. A true digital supply chain goes further than this hybrid model to entirely capitalize on system integration, connectivity and the information-producing capabilities of &

Supply Chain Software 100

Supply Chain Software Modeling Software Supply Chain Strategy Logistics Network Optimization Software 100

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Analytics

GlobalTranz

AUGUST 31, 2018

The 2018 State of Logistics Report , sponsored by 3PL Central , indicates warehousing models are evolving at a phenomenal rate. Online and mobile innovations are at the heart of increased traceability and visibility, and products must be delivered at break-neck speeds. More importantly, demand for warehouse space is at an all-time high, and warehousing is still short two million workers.

Supply Chain Design Software 121

Supply Chain Design Software Warehousing Analytics Software Optimization Software 121

Logility

AUGUST 28, 2018

Durable goods , also referred to as hard goods, are items that are not supposed to quickly wear out, or more specifically, goods that yield utility over time. Planned obsolescence , or built-in obsolescence, is a policy of planning or designing a product with an artificially limited useful life, so it will become obsolete after a certain period of time.

Supply Chain Planning Software 100

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Design Software 100

Talking Logistics

AUGUST 31, 2018

I’m on borrowed time this morning, so let’s go straight to the supply chain and logistics news that caught my attention this week, which was dominated by M&A, new startups, and investments news. MercuryGate International Acquired by Growth Equity Investor Summit Partners. Trump Reaches Revised Trade Deal With Mexico, Threatening to Leave Out Canada (New York Times).

Logistics Network Optimization Software 102

Logistics Network Optimization Software Supply Chain Network Software Optimization Software Demand Planning Software 102

The UCLA Anderson Global Supply Chain Blog

AUGUST 27, 2018

Chloe Kim, Catherine Gao, Amba Gujral, Willa Ni, Ashley Wright, Felipe Caro. Blood and blood products (such as plasma and platelets) have a unique and challenging supply chain because of three major reasons. The supply of blood fully relies on human donations and is not a product that can be manufactured. Blood is a perishable product, especially platelets must be used within 5 days of donation, and red blood cells can only be stored for 42 days [1].

Optimal Sourcing 88

Optimal Sourcing Modeling Los Angeles Supply Chain Optimization 88

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When the only certainty is uncertainty, what does that mean for today’s supply chain management approaches? This eBook delves into how supply chain orchestration can help businesses unlock agility, transparency, intelligence, and trust across their end-to-end supply chain.

Agile and Lean Supply Chain

GlobalTranz

AUGUST 28, 2018

The costs of reverse logistics amount to more than $750 billion per year, and the demand for reverse logistics has risen in recent years with the rise of e-commerce. According to Stacy Rudolph of Business to Community, up to 30% of all products ordered online become returns, placing an insurmountable burden on reverse logistics. Using a combined blockchain and reverse logistics strategy can help alleviate these costs, and supply chain executives need to understand a few things about it Reverse L

Reverse Logistics 121

Reverse Logistics Cost Reduction Strategies Logistics Network Optimization Software Purchasing Skills 121

TradeGecko

AUGUST 26, 2018

B2B order management and fulfillment is a major component of successful supply chains - for both large and small businesses alike. With the plethora of communication tools available in the 21st century, it’s no wonder that businesses are dealing with a growing range of communication and transactional challenges – especially when it comes to online ordering systems for businesses.

Supply Chain Software 87

Supply Chain Software Tools Supply Chain System 87

Talking Logistics

AUGUST 27, 2018

From May 2016 through the end of August 2017, “17 CEOs of public Big Food manufacturers and retailers had departed, or announced their intention to,” according to an article published last September in Fortune. “There’s never been a time that’s more challenging for a CEO in the industry,” explains David Garfield of consultancy AlixPartners in the article.

Agile and Lean Supply Chain 101

Agile and Lean Supply Chain Logistics Network Optimization Software Supply Chain Network Software Demand Planning Software 101

Material Handling & Logistics

AUGUST 31, 2018

The solutions to supply chain problems boil down to the right combination of three factors—technology, data and processes. In the supply chain, problems are often overcomplicated. It’s true that the major issues in the supply chain—which were confirmed through MH&L ’s workforce survey process and published in an earlier article —are nuanced. However, manufacturers, 3PLs and others in the supply chain often get lost in the details.

Supply Chain Design Software 97

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Strategy 97

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,

Logistics Network Optimization Software

C3 Solutions

AUGUST 30, 2018

In a world where relatively everything - or at the very least, almost everything - can be considered part of the Internet of Things, supply chain management still reigns supreme. When only a handful of minutes can result in thousands of dollars in associated penalty fees, we’re happy to let the brains’ of the AI workforce do the calculations so that we all stay on track.

Internet of things 84

Internet of things Supply Chain Software Supply Chain Supply and Demand 84

Supply Chain Collaborator

AUGUST 30, 2018

Selecting a TMS solution is a lot like having a baby. Particularly for those organizations that have not yet dipped their toes into the waters of logistics automation. Not only must one think about the near term needs of infancy, but also how things will change as the fledgling solution grows and matures. . Once only utilized by the largest organizations, cloud computing has brought TMS solutions to the masses with mid-sized and even small shippers able to source and implement solutions that a

Logistics Network Optimization Software 81

Logistics Network Optimization Software Supply Chain Software Supply Chain Planning Software Sourcing Strategies 81

Elementum

AUGUST 27, 2018

With $1 trillion in revenue in 2017 alone, China’s ecommerce market is now the largest in the world, propelling Asia-Pacific’s ascent as a digital powerhouse. Meanwhile, India has the fastest-growing internet consumer base, expanding at an average of 40 million users each year. With millions of potential consumers and limited access to brick-and-mortar stores in many regions, developing economies are fertile ground for the next ecommerce boom.

Purchasing Training 79

Purchasing Training Manufacturing Procurement Logistics Network Optimization Software Inventory Reduction 79

Shipchain

AUGUST 29, 2018

People cannot improve on what they do not understand or know. This statement applies to shippers as well. While this comparison is most commonly associated with benchmarking, it is also part of the reason why more people in the shipping industry are turning to blockchain for supply chain management (SCM). Blockchain SCM is poised to create links between all existing supply chains, even competitors, which allows supply chain networks to function more efficiently and with greater transparency.

SCM 78

SCM Supply Chain Network Software Supply Chain Software Demand Planning Software 78

More than 40 manufacturers across the commercial interior, material handling, and kitchen and bath industries expand offers via Configura’s CET platform in 2023.

Manufacturing

Sourcemap

AUGUST 30, 2018

French blog Novethic quotes Sourcemap CEO in the article “ POURQUOI LA BLOCKCHAIN NE RÉVOLUTIONNERA PAS LA FAST FASHION ” (Why Blockchain Won't Revolutionize Fast Fashion). Permalink.

Apparel 75

Apparel Supply Chain Supply and Demand 75

TMC

AUGUST 30, 2018

How can global shippers most efficiently distribute products to an extremely diverse, multinational customer base? Delivering exceptional service levels, regardless of where products are sourced and manufactured, or how buyers choose to purchase products is a constant challenge. To accomplish it, many turn to global logistics solutions that blend transportation management system (TMS) technology with supply chain expertise.

Manufacturing Procurement 62

Manufacturing Procurement Global Sourcing Strategies Logistics Network Optimization Software 62

Invata Intralogistics

AUGUST 27, 2018

Given the seismic shift in retail competition and the accompanying transformation in consumer expectations that has arisen as a result, the pressure on retailers is palpable: Dramatically enhance your order fulfillment and returns processing capabilities or lose market share to those who already have. But while many retailers are addressing these challenges by investing in new and more advanced fulfillment and reverse logistics systems, too many are investing in systems that will simply perpetua

Expense Reduction 72

Expense Reduction Cost Reduction Strategies Supply Chain Design Software Modeling 72