Precoro

JANUARY 29, 2024

Inflation is an unavoidable fact of the globalized economy, and it impacts organizational spending across various sectors. As the department overseeing an organization's external expenditure, procurement is responsible for softening the impact of inflation. A typical procurement management plan includes: Identification of needs.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 98

Talking Logistics

JANUARY 12, 2020

Brian Reed, VP Global Supply Chain Optimization at GEODIS, discusses procurement in the digital age. Podcast version (click to play): The post [Video] Procurement in the Digital Age appeared first on Talking Logistics with Adrian Gonzalez. Podcast version (click to play):

Optimal Sourcing 130

Optimal Sourcing Video Procurement Supply Chain Optimization 130

Supply Chain Matters

FEBRUARY 23, 2023

Supply Chain Matters highlights the increasing realities of declining global trade and freight rates that are occurring in the first-half of 2023. Background Global wide transportation and logistics costs increased at unprecedented rates during 2021 and 2022. percent decline in global trade.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Price Reduction Cost Reduction Strategies 52

ModusLink Corporation

SEPTEMBER 1, 2023

Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. Consider global container shipping rates. But what does that mean for future strategies in procurement ? Ongoing Optimization Shippers must optimize their procurement strategies.

Optimal Sourcing 78

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Manufacturing Procurement 78

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains. The trade war is now part of the “new normal,” and this has created a global ripple effect. Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains. The “first-sale” rule.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Supply Chain Matters

NOVEMBER 7, 2023

Supply Chain Matters provides highlights of the realities of higher number of vessels among global ocean container shipping lines meeting contracting shipping demand levels that are now leading to headcount and schedule reductions. Background Ocean container shipping and logistics are the lifeblood of global supply chain movements.

Cost Reduction Strategies 59

Cost Reduction Strategies Global Industrial Industry 59

Supply Chain Matters

JANUARY 19, 2024

The Ferrari Consulting and Research Group announces the general availability of our newest published Research Advisory – 2024 Predictions for Industry and Global Supply Chains. The post 2024 Predictions for Industry and Global Supply Chains first appeared on The Ferrari Consulting and Research Group / Supply Chain Management.

Predictive Analytics Software 52

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GlobalTranz

FEBRUARY 27, 2018

Procurement must never be an afterthought in any enterprise. The answers to these questions lie in understanding a few of the top industrial procurement trends to expect in 2018. Companies Will Seek New Ways to Use Technology in Procurement. The global supply chain creates many challenges and opportunities in procurement.

Manufacturing Procurement 166

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Supply Chain Software 166

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Purchasing Training 81

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CHAINalytics

APRIL 21, 2019

Atlanta, GA (April 22, 2019) — Chainalytics, a recognized global leader in supply chain consulting, analytics, and market intelligence, is excited to be named a 2019 Provider to Watch by Spend Matters. We’re thrilled that Chainalytics has been recognized as a Provider to Watch.

Optimal Sourcing 60

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Supply Chain Shaman

APRIL 18, 2023

The global supply chain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. In March 2023, the Global Supply Chain Pressure Index fell to the lowest level since November 2008. Yes, we have achieved greater normalcy in transportation. Unrest in Sudan.

Supply Chain Planning Software 408

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GlobalTranz

JUNE 19, 2018

These rates will have natural implications for smaller shippers seeking to lower overall transportation and freight spend, and paired with a “blurred lines between peak shipping and shopping seasons,” shippers will experience increasing trouble when trying to procure full truckload capacity. Conducting annual procurement exercises.

Procurement Solutions 175

Procurement Solutions Procurement Analytics Capacity Procurement 175

CHAINalytics

JUNE 24, 2019

Atlanta, GA (June 25, 2019) — Supply & Demand Chain Executive, the executive’s user manual for successful supply and demand chain transformation, has included a global logistics procurement program created and implemented by Chainalytics in the 2019 SCDE 100, an annual list of great supply chain projects.

Optimal Sourcing 60

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Supply Chain Shaman

NOVEMBER 9, 2023

Use of order patterns to execute a route guide in Transportation Planning (TMS)–route planning, pooling of less than truckload, and load tender. First pass tender percentage in transportation planning. And, there is no translation of planned orders for manufacturing into aggregate procurement. Be careful about the gaps.

Optimal Sourcing 379

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CHAINalytics

JANUARY 11, 2021

Atlanta, GA (January 12, 2021) – Chainalytics, a recognized global leader in data-driven supply chain consulting, announced today that it has received the 2020 Green Supply Chain Award from Supply & Demand Chain Executive.

Manufacturing Procurement 78

Manufacturing Procurement Supply Chain Strategy Procurement Sustainability 78

ivalua

SEPTEMBER 8, 2022

The job of procurement is to ensure performance is as promised, risk is low and business objectives are being met through collaboration. Secure executive buy-in from procurement, supply chain and IT leadership. The post How to Manage Supplier Risk and Performance in an Uncertain Global Economy appeared first on Ivalua.

Manufacturing Procurement 130

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Supply Chain Matters

FEBRUARY 14, 2024

Supply Chain Matters provides our latest update regarding the Red Sea Transport disruption impacting transport movements to and from European and Asian ports. Maersk is not the only global wide carrier bringing on added new ship capacity this year. Our prior published update was on January 19 th. percent to 4.5

Transportation 52

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MercuryGate

APRIL 1, 2021

The global supply chain is continuously evolving. And the first step that supply chain managers must implement to align organizations with modern trends is to understand transportation technology analytics.

Analytics Software 52

Analytics Software Security Supply Chain Network Software Supply Chain Software 52

TMC

AUGUST 23, 2017

As companies expand globally through mergers or organic growth, many are faced with the decision of whether or not to combine logistics teams and apply a universal truckload procurement strategy across multiple regions. To obtain the most effective results, best practice requires adaptations to truckload procurement strategies.

Optimal Sourcing 62

Optimal Sourcing Europe Procurement Transportation 62

The Logistics of Logistics

JULY 7, 2023

About Supply & Demand Chain Executive Supply & Demand Chain Executive is the only supply chain publication covering the entire global supply chain, focusing on trucking, warehousing, packaging, procurement, risk management, professional development and more.

Logistics Network Optimization Software 234

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Multichannel Merchant

OCTOBER 14, 2022

TikTok is looking to create a global logistics infrastructure, including in the U.S., Globally appeared first on Multichannel Merchant. Cities where the postings are located include 36 in the U.S., from Seattle to Austin to Los Angeles, San Francisco and Mountain View, CA and Washington, D.C. Europe and Asia.

Supply Chain Network Software 110

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Logistics Viewpoints

OCTOBER 20, 2022

At the same time, a retailer whose product demand drops sharply has less need for transportation capacity and therefore tenders lower volumes to contracted carriers. The frequency of RFP events is only one area that can be improved as shippers look for a better way to manage freight procurement processes.

Freight 210

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SCMDOJO

APRIL 22, 2024

Delays Delays happen when ships are involved, or even when a vehicle transport company is involved like A1 Auto Transport. Read more about The Challenges and Opportunities of Implementing Artificial Intelligence in Procurement at our website SCMDOJO!

Inventory Reduction 80

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Supply Chain Matters

JANUARY 6, 2023

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares select individual prediction snapshots that are included in our Annual 2023 Predictions for Industry and Global Supply Chains Research Advisory publishing later this month. Expected 2023 global economic growth in a range from 2 percent to 2.7

Predictive Analytics Software 98

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Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

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Logistics Viewpoints

DECEMBER 4, 2023

Transportation Technology Maturity Curve This is the time of year when industry analysts and technology pundits make predictions about the future. However, their predictions are based, in part, on a survey of more than 250 global shippers and logistic service providers. This report did not address these very difficult questions.

Predictive Analytics Software 227

Predictive Analytics Software Logistics Network Optimization Software Modeling Software Optimization Software 227

Supply Chain Matters

DECEMBER 11, 2023

Today, the United Nations Conference on Trade and Development (UNCTAD) issued its latest forecast update on overall global trade, and the narrative is not encouraging or optimistic. Global trade is reportedly set to contract by 5 percent in 2023 compared to 2002, amounting to upwards of $30.7 This level represents a contraction of $1.5

Forecasting 52

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TMC

AUGUST 23, 2017

As companies expand globally through mergers or organic growth, many are faced with the decision whether to combine logistics teams and apply a universal truckload procurement strategy across multiple regions. To obtain the most effective results, best practice requires adaptations to truckload procurement strategies.

Optimal Sourcing 54

Optimal Sourcing Procurement Transportation Negotiating Skills 54

Supply Chain Game Changer

AUGUST 22, 2022

With the global pandemic changing so much in the world, that discussion around global and local manufacturing has become even more complex. You may have heard the saying “think global, act local.” Is it still possible to manufacture products locally, or do we need to look at global solutions? Supporting local.

Manufacturing Procurement 107

Manufacturing Procurement Manufacturing Global Modeling 107

Supply Chain Shaman

NOVEMBER 6, 2016

Regional supply chain companies are attempting to define global requirements. They are well versed in requirements for regional supply chain planning, but they are attempting to redefine their processes and be more global. I am trying to not sound like a broken record. Instead, it requires some rethinking of processes.

Supply Chain Planning Software 150

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DELMIA Quintiq

NOVEMBER 17, 2020

New technologies revolutionizing transportation are creating tremendous opportunities but also unprecedented challenges for tire manufacturers. The establishment of efficient global supply chains has become critical to competitiveness. Short-term benefits.

Optimal Sourcing 296

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Talking Logistics

JANUARY 8, 2015

Two major shifts are changing the face of global transportation management as we know it: Supply chains are becoming increasingly complex, relying on partners and data beyond the four walls of the enterprise; The very definition of global transportation management is broadening and expanding well beyond the traditional TMS scope.

Global Transportation 100

Global Transportation Inventory Reduction Optimal Sourcing Cost Reduction Strategies 100

Precoro

SEPTEMBER 6, 2021

This month, we continue our Procurement Basics series and would like to introduce our readers to yet another set of often misused business terminology. As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Procurement. What Is Procurement Process?

Optimal Sourcing 97

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 97

The Logistics of Logistics

DECEMBER 6, 2023

Matt is the Co-founder and CEO of Loop , a modern transportation audit & pay company. About Matt McKinney Matt Mckinney is the Co-founder and CEO of Loop, a modern transportation audit & pay company. We improve transportation spend visibility so companies can control their costs and power profit.

Logistics Network Optimization Software 222

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GlobalTranz

SEPTEMBER 12, 2016

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. For example, transportation management often focuses on the journey of products after manufacturing. The Definition of Procurement Logistics.

Manufacturing Procurement 120

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 120

LevaData

FEBRUARY 14, 2022

But these days, it's top-of-mind for sourcing and procurement professionals like never before. Sourcing- and Procurement-Specific Challenges. They'll also undoubtedly hinder production timelines and capabilities, as well as the transportation of said supplies and products. So how, exactly, does this issue impact our industry?

Sourcing 80

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TMC

AUGUST 23, 2017

As companies expand globally through mergers or organic growth, many are faced with the decision of whether or not to combine logistics teams and apply a universal truckload procurement strategy across multiple regions. To obtain the most effective results, best practice requires adaptations to truckload procurement strategies.

Optimal Sourcing 48

Optimal Sourcing Europe Procurement Transportation 48