The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

In fact, today several leading halal production standards (like the Indonesian and Malaysian halal standards) are already requiring a segregation between halal and non-halal in transport and storage for halal certified manufacturers. This new standard has three modules: transportation, warehousing, and retailing. Current practices.

Pharmaceutical 237

Pharmaceutical Buyer Training Supply Chain Software Supply Chain Strategy 237

Logistics Viewpoints

MAY 16, 2022

A company buys these solutions to optimize their business. Rich Sherman – a Senior Fellow in TCS’s Supply Chain Center of Excellence – points out that many companies are building control towers to better manage their supply chains. For example, many companies are struggling to get transportation capacity.

Supply Chain Planning Software 211

Supply Chain Planning Software Optimal Sourcing Supply Chain Optimization Supply Chain Planning 211

Supply Chain Game Changer

FEBRUARY 12, 2020

Why have so few companies adopted a TMS (Transportation Management System) solution? We had a tremendous amount of spend leverage globally, a seasoned team, great supplier relationships, very strong processes, and an excellent Transportation Management System (TMS). Subscribe Here! Email Address. Loss of Control.

Transportation Management 76

Transportation Management Optimization Software Negotiating Skills Transportation 76

SCMDOJO

MARCH 27, 2024

It is also a means to maintain a competitive edge and operational excellence. 3 Precoro Precoro simplifies procurement processes for small to medium-sized businesses. Hence, it offers an accessible and streamlined procurement solution. It caters to those wanting to eliminate manual work and control their purchases.

Supply Chain Design Software 69

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Forecasting Software 69

The Logistics & Supply Chain Management Society

NOVEMBER 14, 2021

Holds a Fellow of the Chartered Institute of Logistics and Transport and holds a Global MSc. In 2017 I also assumed responsibility for Field Services and in 2019 Data Excellence & Analytics embracing digital transformation driving our Tailored, Sustainable and Connected 4.0 Stuart is a British national, married with three children.

Sourcing Strategies 246

Sourcing Strategies Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software 246

SCMDOJO

JUNE 21, 2023

Companies with advanced supply chain practices excel in delivering quality third-party logistics management, SKU optimization, efficient transport management, and swift handling of B2B/B2C shipments. Two fundamental questions arise: the definition of procurement outsourcing and the most efficient approach to its implementation.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 89

Supply Chain Shaman

MARCH 12, 2019

Examples include Enterprise Resource Planning (ERP), Warehouse Management (WMS_ or Advanced Planning (APS). This team was working on quality improvements and found that the flows crossed 117 disconnected documents in access, excel, and google analytics. Indirect procurement has little to do with direct material management.

Prescriptive Analytics Software 173

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 173

SCMDOJO

FEBRUARY 29, 2024

They do not relate to any overall company procurement goals and objectives. Figure 1 shows a sample proposed SPM project structure for a transportation services company. Others will have a purchasing or supplier management board at the senior management level. Some companies may have a board of directors.

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. From whom are we buying?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

CH Robinson Transportfolio

NOVEMBER 4, 2014

Why do transportation budgets fail? It’s a thorny topic, even for transportation professionals trying to trace an increase back to its source. Imagine what it’s like for senior executives who have no background in transportation as they try to understand it. This gift, due to its size and weight, was costly to ship.

Transportation 58

Transportation Manufacturing Procurement Purchasing Skills Expense Reduction 58

SCMDOJO

JULY 24, 2023

It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider. While it possesses the buying power of a large corporation, NUNNER focuses on providing tailor-made solutions to its customers.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

Supply Chain Game Changer

NOVEMBER 8, 2018

Why have so few companies adopted a Transportation Management System (TMS) solution? We had a tremendous amount of spend leverage globally, a seasoned team, great supplier relationships, very strong processes, and an excellent Transportation Management System (TMS). Subscribe Here! Email Address. Loss of Control.

Transportation Management 43

Transportation Management Optimization Software Negotiating Skills Optimal Sourcing 43

Talking Logistics

NOVEMBER 10, 2014

Several customers addressed those questions in excellent case study presentations: Dr. Bernhard Herzog, Oxea GmbH – “Business Impact of a Supply Chain Operating Network”. But at the same time, supply chains are challenged by complex logistics, systems issues, legal requirements, and lack of resources.”

Optimal Sourcing 171

Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software Optimization Software 171

Logistics Bureau

APRIL 3, 2023

Access to Economies of Scale By outsourcing manufacturing, logistics, or other supply chain support activities such as procurement , your company may access the economies of scale enjoyed and passed on by specialist service providers. Your organisation may be one of many that a contract partner serves.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

Turvo

SEPTEMBER 24, 2021

On the surface, the Amazon Effect is the new standard of excellence that all customers have come to expect following the break-neck speed and low-cost, if not free, shipping associated with Amazon purchases. And customer satisfaction drives profit growth. Connect with Turvo to learn more.

Logistics Network Optimization Software 70

Logistics Network Optimization Software Supply Chain Software Supply Chain Network Software Eliminating Excel in Purchasing 70

Enterra Insights

FEBRUARY 13, 2019

You can use data gathered from user behavior and purchases to predict how they may act in the future or tailor marketing efforts to their likes, dislikes and buying habits.” Machine learning can prove useful all along the supply chain from procurement to production to marketing to after sales support. Pattern recognition.

Optimal Sourcing 124

Optimal Sourcing Columbus Procurement Analytics Predictive Analytics 124

New Horizon Supply Chain Blog

FEBRUARY 8, 2024

Introduction: Procurement Planning for Distribution-Intensive Businesses Procurement planning is not a widely recognized category of supply chain software, but it should be. The resulting plan should maintain adequate safety stock levels for each purchased item while reducing inventory costs.

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement 52

ThroughPut

FEBRUARY 23, 2024

With so many changing variables, excel sheets or human intervention alone can’t gain the level of visibility needed to forecast the future. You can conveniently work with the right suppliers by analyzing pricing, quality, and delivery times as the system helps you identify reliable suppliers, thereby, streamlining the procurement processes.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

ThroughPut

FEBRUARY 2, 2024

Sluggish vs Optimized Transportation and Logistics Without Advanced Analytics : Logistics operations may operate on static routing and scheduling, not accounting for variables like traffic, weather, or sudden changes in demand. This can lead to delays, increased costs, and inefficient use of resources.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

Logistics Bureau

NOVEMBER 16, 2020

While this article is intended as an evergreen resource, to help you navigate in your search for a supply chain job, and is not a COVID-19-specific guide, the pandemic has galvanized attention on the industry and its criticality. That event was the global COVID-19 pandemic, which erupted during the first half of 2020.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

EcoVadis

JULY 25, 2017

Rated by the coverage and magnitude of impact, hereunder are four initiatives that are considered as major milestones of Hong Kong’s sustainability effort : Climate Action Plan 2030+, ESG Reporting as a Listing Rule under Stock Exchange Hong Kong (SEHK), Green Procurement Initiative by the Hong Kong Government, and. Climate Action Plan 2030+.

Material Savings 72

Material Savings Sustainability Resource Reduction Procurement Analytics 72

Supply Chain Shaman

OCTOBER 8, 2019

The focus is on the role of supply chain finance in driving supply chain excellence. The design of the conference includes tours of several modern warehouses and centers of excellence. A simplistic view is that supply chain excellence is the trade-off of cost, inventory and customer service. The River of Demand. #3

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

o9 Solutions

MAY 26, 2021

The need to respond to those changes while maintaining margins, service, and efficiencies with optimal planning of inventory, sourcing, transportation, and fulfilment. and carefully procure and place inventory, they constantly face operational issues during execution. Making Control Towers Cognitive.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Modeling Material Savings 52

o9 Solutions

MAY 26, 2021

The need to respond to those changes while maintaining margins, service, and efficiencies with optimal planning of inventory, sourcing, transportation, and fulfilment. and carefully procure and place inventory, they constantly face operational issues during execution. Making Control Towers Cognitive.

Manufacturing Procurement 52

Manufacturing Procurement Modeling Supply Chain Planning Software Optimal Sourcing 52

Unleashed

OCTOBER 4, 2023

The order fulfilment process covers every step required to get goods to the people who purchase them, from the moment a customer places an order to when they receive their purchase. Shipping and logistics: Selecting the appropriate shipping method, arranging transport, and coordinating with couriers for delivery.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

ThroughPut

OCTOBER 16, 2022

All essential data points including product, suppliers, procurement, purchases and sales can be tracked from the inventory management system and the inventory goals can be further used to categorize inventory metrics. Key Pillars of Supply Chain Inventory Optimization. LACK OF AUTOMATION.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

Supply Chain Game Changer

OCTOBER 28, 2020

With the increased prominence of Supply Chain, Logistics and Procurement within organizations, is compensation increasing? Source ,” which includes Buyers, Category Managers, Commodity Managers, Procurement Specialists, Purchasing Managers and Sourcing Managers. What’s the monetary value of advanced certifications and degrees?

Supply Chain Planning 98

Supply Chain Planning Supply Chain Strategy Purchasing Skills Supply Chain 98

Procurement Academy

AUGUST 31, 2021

The most remarkable and disruptive changes of tomorrow will demand a total shift in how we figure out current issues and challenges, such as how we perform tasks, how we activate change, how do we innovate new propositions, how we identify the technology we apply in our businesses, and which resources we can leverage.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Predictive Analytics Software 95

SCMDOJO

APRIL 4, 2023

This means tracking everything from customer relations to inventory management, financial investments, transportation and delivery processes, and workflow processes. Resource constraints: Implementing such analytics may require significant resources, which can be a challenge for smaller businesses.

Prescriptive Analytics Software 110

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 110

SCMDOJO

DECEMBER 14, 2023

But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s uncover the mystery behind the role of sourcing agencies and see how they make the job of buying things much simpler. They play a big role in making sure the whole process of buying things goes smoothly from start to finish.

Purchasing Skills 73

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 73

Procurement Academy

OCTOBER 19, 2023

When it comes to a business’s ability to get a hold of necessary resources and materials to keep operations running smoothly, things have become very complicated – despite it being a make-or-break necessity. This is all done alongside the achievement of cost-effective procurement and robust vendor management.

Optimal Sourcing 52

Optimal Sourcing Vendor Strategies Price Reduction Resource Reduction 52

Infosys Supply Chain Management

DECEMBER 18, 2012

Publishing Resources Industries. Human Resources. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. First, consumers have clearly stepped-up their preferences towards online channels as the preferred buying option. Hospitality and Leisure. Public Sector.

Eliminating Excel in Purchasing 26

Eliminating Excel in Purchasing Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 26

Logistics Bureau

JANUARY 7, 2020

Developed a process of excellence in supply chain collaboration. That should be sobering news for any business not yet focused on supply chain excellence as a lever for business success. Some of the ways by which poorly managed supply chain expenditure can inflate product costs are listed below: High transportation costs.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 101

Logistics Bureau

OCTOBER 6, 2017

Scenario 2 – Buy more at once. You jump in the car, drive to the store, park the car, go into the store, spend a bit longer in the store this time, as you buy sugar, flour, rice, milk, and a dozen other things. Now let’s juxtapose those same scenarios into your warehouse and transport operations.

Cost Reduction Strategies 40

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 40

ShipBob

SEPTEMBER 29, 2021

This involves meeting them where they are, and giving them both the shopping and transportation options they want. . Procuring inventory. Having insight into what’s going on during the procurement process can help you find ways to build a more agile supply chain. These are all forms of retail logistics. Order fulfillment.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Optimization Software Inventory Management Software 52

Supply Chain Shaman

JANUARY 25, 2024

As my client explains that they are delaying their project to build network interoperability due to complications with their Enterprise Resource Planning (ERP) upgrade, I tap my foot and sigh. Another call. Same story. I hear this story a lot. The ERP upgrade cycle holds many of my clients hostage.

Supply Chain Network Software 264

Supply Chain Network Software Manufacturing Procurement Inventory Reduction Purchasing Skills 264

ShipBob

DECEMBER 13, 2023

Lead time Lead time is the time taken from placing an order with a supplier to receiving the inventory or the time taken from when a customer purchases something to when it gets delivered. Both scenarios are harmful: overstocking ties up resources, while stockouts lead to missed sales and customer dissatisfaction.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52