Precoro

JANUARY 29, 2024

As the department overseeing an organization's external expenditure, procurement is responsible for softening the impact of inflation. In this article, we will discuss how a robust procurement management plan can help address and mitigate the effects of inflation. Procurement methodology. Objectives and scope.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 98

EC Sourcing Group

DECEMBER 1, 2021

Demystifying Transportation Sourcing. 9/2/2021 – Guest Blog Post from Kumar Kannan of Procural. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. Think strategically about transportation spend.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52

EC Sourcing Group

SEPTEMBER 2, 2021

Demystifying Transportation Sourcing. 9/2/2021 – Guest Blog Post from Kumar Kannan of Procural. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. Think strategically about transportation spend.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52

Logistics Viewpoints

DECEMBER 14, 2023

And even before they begin, they must realize these problems are too big for any single team—supply chain must connect with finance and procurement to treat the n-tier suppliers as an extended part of their network and become their preferred customer. By identifying these gaps, you can create sourcing events to close them.

Supply Chain Design Software 232

Supply Chain Design Software Optimal Sourcing Modeling Supply Chain Planning Software 232

Talking Logistics

FEBRUARY 18, 2016

If you are buying widgets, there are many ways to make your purchase, from going to a retail location, ordering online or using a standard procurement software tool that allows you to order lots of widgets and receive them over a specified period of time. Here are the top five reasons you need a transportation sourcing solution: 1.

Manufacturing Procurement 100

Manufacturing Procurement Procurement Solutions Purchasing Skills Sourcing Strategies 100

The Logistics of Logistics

DECEMBER 1, 2023

Mark is the Chief Executive Officer off Princeton TMX , a SaaS-based transportation management system (TMS). About Mark McEntire Mark McEntire is the Chief Executive Officer at Princeton TMX, a SaaS-based transportation management system (TMS). Hunt Transport, Inc. Mark joined Princeton TMX in September 2023.

Optimal Sourcing 217

Optimal Sourcing Supply Chain Planning Software Optimization Software Analytics Software 217

Supply Chain Shaman

NOVEMBER 9, 2023

I have built five such systems for companies. 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. I am a consultant, and I am meticulous in implementations.

Optimal Sourcing 335

Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement Modeling 335

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 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

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. Types of Procurement Analytics.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

Talking Logistics

APRIL 7, 2016

One of my supply chain and logistics predictions for this year was that the transportation management system (TMS) market will become more barbell-shaped ( mirroring what is happening in the third-party logistics industry ). We’re seeing the TMS market move in two opposite directions,” I wrote back in December.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Optimization Software Transportation Management 100

Supply Chain Shaman

APRIL 18, 2023

Yes, we have achieved greater normalcy in transportation. During the pandemic, companies struggled with planning systems turning off the optimizers, and using the technology as a system of record. In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. What is normalcy?

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 374

Logistics Viewpoints

AUGUST 22, 2023

Nine years ago, my company FourKites pioneered the market for real-time transportation visibility. We’re currently on the cusp of a big incremental change in the industry’s transformation journey, as the value of real-time supply chain data is increasingly being felt far beyond transportation logistics.

Real-time Visibility 185

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 185

Logistics Viewpoints

AUGUST 8, 2022

Emerge has an interesting new platform to deal with the problems shippers are having procuring truck capacity. The vocabulary used in transportation can be confusing. Shippers” are companies that have goods that need to be transported. However, the system can be used standalone, and some shippers do use Emerge this way.

Benchmarking 231

Benchmarking Freight Analytics Software Supply Chain Design Software 231

ModusLink Corporation

SEPTEMBER 1, 2023

Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. But what does that mean for future strategies in procurement ? Let’s rethink everything to figure out what it might be for the future of procurement in light of it all.

Optimal Sourcing 78

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

Logistics Viewpoints

OCTOBER 15, 2015

Supply Chain professionals have a tremendous amount of demands and pressures to be aware of and transportation procurement is one of those pressures. There is a need, a growing need to drive better performance and outcomes from sourcing events. Let’s consider some constraints.

Optimal Sourcing 100

Optimal Sourcing Sourcing Strategies Procurement Price Mitigation Strategies 100

Supply Chain Shaman

SEPTEMBER 22, 2022

More frequent running of the optimization engines injects noise into the complex, non-linear supply chain system. Planning taxonomies change to enable the trade-offs between source, make and deliver based on market signals and the design of supply chain flows to enable this shift. Procurement/Buyers Workbench.

Supply Chain Planning Software 405

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Modeling 405

Supply Chain Shaman

NOVEMBER 15, 2023

While we speak of Artificial Intelligence (AI) enablement and better engines (think math) within existing systems, few question why we cannot drive an end-to-end signal across decision support frameworks. When he speaks of the supply chain, he means procurement. Which gets me to the question, “What is supply chain management?

Supply Chain Planning Software 386

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 386

Arkieva

JANUARY 13, 2017

What are the key elements of a sourcing and procurement process plan? Strategic sourcing is a fact based and systematic approach that organizations use to optimize the management of their supply chain. Creating a sourcing and procurement plan. Three essential steps to creating a sourcing and procurement plan.

Optimal Sourcing 60

Optimal Sourcing Purchasing Skills Sourcing Strategies Procurement Solutions 60

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

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

Logistics Viewpoints

APRIL 19, 2023

In order to achieve this, demand planning, inventory planning, supply planning via procurement and/or production planning, along with fulfilment/allocation and even transportation planning need to be integrated. DC procurement is also automated by aggregating the needs of the MFCs.

Supply Chain Planning Software 220

Supply Chain Planning Software Optimal Sourcing Supply Chain Planning Scenario Planning 220

Logistics Viewpoints

OCTOBER 10, 2022

Autoliv is the world’s largest safety system supplier in automotive industry. in turn, is a boutique procurement consultancy. Autoliv is the largest supplier of safety systems to the automotive industry. It will link all initiatives within the supply chain function and be enabled by our digital solutions and all data sources.

Supply Chain Risk Management 223

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Software 223

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Jaggaer

AUGUST 18, 2020

From early on in the Covid-19 pandemic , and for pretty obvious reasons , procurement in healthcare and pharmaceuticals has been in the spotlight like never before. Some 48 active pharmaceutical ingredients (APIs) vital to the pharma supply chain are sourced from the central province of Hubei.

Pharmaceutical 98

Pharmaceutical Manufacturing Procurement Procurement Company 98

Procurement Academy

AUGUST 17, 2021

For those of us working in the field of supply chain and procurement education, it’s an open secret. But the same is most emphatically not true of supply chain and procurement. carrying systems. Advanced systems, for another. trace capabilities, with full enterprise system visibility. The Internet of Things.

Buyer Training 93

Buyer Training Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 93

BlueYonder

APRIL 7, 2021

Gartner recently released the Magic Quadrant for Transportation Management Systems (TMS) report 1 , and Blue Yonder has again been named a Leader in the report. Multiple subcomponents make up comprehensive multimodal TMS solution. Blue Yonder’s Differentiator: Innovative Strategy and Solutions.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Optimization Software Analytics Software 52

American Global Logistics

AUGUST 29, 2023

We're going to take a look at key challenges, benefits, and the outlook of integrated transportation systems. The delivery of goods is a crucial aspect of this process, and integrating transportation solutions can help you improve your efficiency, reduce costs, and enhance customer satisfaction.

Optimal Sourcing 52

Optimal Sourcing Transportation Sourcing Strategies Modeling 52

Supply Chain Shaman

APRIL 26, 2022

Since I have covered bi-directional orchestration in prior blogs, here I am going to detail how taxonomies in the area of digital twin and direct procurement need to morph to drive value but for reference, in Figure 1, I share the previously shared model for bi-directional orchestration. Tackling Procurement. They are different models.

Manufacturing Procurement 217

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Procurement Analytics 217

E2open

OCTOBER 1, 2018

Cloud Logistics Brings Same-Day, Rapid-Deployment Transportation and Logistics Management to E2open’s Industry Leading Business Network. Cloud Logistics has set a new standard in transportation management with their innovative technology and rapid deployments. in the March 2018 Magic Quadrant for Transportation Management Systems.

Supply Chain Design Software 60

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Transportation Management 60

Precoro

NOVEMBER 7, 2022

In order to run a successful business, you need a dedicated procurement team to obtain these essential goods and services, ensure timely delivery, and nurture good relationships with your vendors. Paying for offices, utilities, technology subscriptions, and cleaning services is also part of the procurement team's responsibility.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 52

The Logistics of Logistics

MARCH 28, 2022

and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. Dave Maddox has over 39 years of industry experience, Maddox specializes in Supply Chain & Transportation Sales, with operations management in distribution, supply chain cost improvement and transportation.

Supply Chain Network Software 192

Supply Chain Network Software Logistics Network Optimization Software Freight Predictive Analytics Software 192

Arena Solutions

APRIL 23, 2024

Consequently, several countries are establishing a new regulatory framework for the certification of UAM transportation. Other laws exist to protect the operations of unmanned aerial systems when used for applications such as emergency response and law enforcement. At the U.S.

Supply Chain Design Software 85

Supply Chain Design Software Optimization Software Manufacturing Procurement Optimal Sourcing 85

Logistics Viewpoints

JANUARY 14, 2016

These days, sourcing has become a common discipline in supply chain and transportation management. There is an organizational expectation that transportation modes will be sourced and cost will be taken out of the network with some regularity.

Optimal Sourcing 100

Optimal Sourcing Sourcing Transportation Management Transportation 100

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. Figure 2: A technology adoption roadmap for transportation and logistics companies considering generative AI.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Logistics Viewpoints

APRIL 18, 2023

Reduced margins, unnecessary costs, frustrated suppliers and customers, delayed deliveries, and unclear processes are just some of the potential consequences when procurement, finance, and supply chain organizations lack cohesive, collaborative teams, consistent processes, and effective technology.

Agile and Lean Supply Chain 209

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 209

Supply Chain Shaman

SEPTEMBER 28, 2022

Last week, after booking an additional $1B in unexpected supplier costs in the third quarter, the CFO led the company’s focus on restructuring to “support efficient and reliable sourcing of components and internal development of key technologies and capabilities.” What is the issue? These capabilities do not exist at Ford.

Manufacturing Procurement 195

Manufacturing Procurement Supply Chain Design Software Network Design Software Supply Chain Planning Software 195

Logility

MAY 20, 2021

According to McKinsey and Company , with a digitization of the supply chain they have the capacity to save 75% of lost sales, reduce transport and warehousing costs by 30%, and decrease 80% of administrative costs – all while cutting inventory by 75%. Now supply chain leaders are demanding more from the technologies they use.

Supply Chain Planning Software 131

Supply Chain Planning Software Optimization Software Analytics Software Demand Planning Software 131

Supply Chain Shaman

SEPTEMBER 27, 2021

Importers are trying to push 30 percent more thru a system that is running at 70 percent throughput aainst the old level. My thought was to combine my experience working on visibility solutions with Descartes Systems Group and Manugistics with recent research data. Conventional approaches are not sufficient. I thought it would be easy.

Supply Chain Planning Software 321

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 321