This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.
Freight tons moving on the nation’s transportation network will grow 40 percent in the next three decades while the value of the freight will almost double, increasing by 92 percent, according to the latest projections by the U.S. trillion in 2015). trillion in 2015). That is the “hundreds of billions of dollars” question.
Reporting on this development, Jennifer Smith ( @jensmithWSJ ) and Sarah Nassauer ( @SarahNassauer ) write, “Looking to cut inventory while meeting e-commerce demands, the retailer wants more of the goods it orders delivered on time and in full. ” Purchasing – “The KPI most used in Purchasing Departments is Stock Turn.
Also, traditional logistics focuses its attention on activities such as procurement , distribution, maintenance, and inventory management. The First: The Transportation Era (1950s). The Fourth: Transportation, Deregulation, Physical Distribution and Business Logistics (1980s). The 1950s – The Transportation Era. .
The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? Where do I begin?
Something that the forwarding and logistics industry has wrestled with over the years, is to balance the risk and reward of investment into organic systems development, versus purchasing third-party market software to run our businesses. What challenges facing the world today are important to you? This is in a position to shift again.
Non-updated product sheets in ERP (purchase price, MOQ, Incoterm,…) resulting in non-compliant supplier orders . Exhaust-data analyses (OTD, pallet volume, transport, suppliers, returns, etc.) One of the most common bottlenecks in supply chain management and burdensome processes (purchasing, procurement, preparation, etc.)
According to the SAP announcement , at a purchase price of $18.15 Hasso Plattner who co-founded SAP in 1972, stepped down from his CEO leadership role in 2003. in cash per share, the transaction corresponds to a Qualtrics equity value of approximately $12.5 SAP’s stake will be acquired for approximately $7.7
From the earliest starting point of time until 2003,” observes Priya Dialani ( @priyadialani ), founder of Les Fleurs, “the whole world just had five billion gigabytes of data. 2] Yossi Sheffi ( @YossiSheffi ), Director of the MIT Center for Transportation & Logistics, asserts big data already is an organization’s most valuable asset.
Nearly twice as much apparel was sold in 2017 than in 2003. The facilities work to the highest environmental and social standards and as they produce locally, there is less damage from transporting goods long distances. These brands have very good reasons to take these steps and highlight them in their messaging to customers.
While there is much hype on DDMRP and the use of orders as a proxy for demand, companies need to remember that orders carry latency: they are out-of-step with market purchase behavior. The transformational wave is slowly transforming the automotive industry from a focus on selling “rides” versus the purchase of an automobile.
Global Maritime Routes and Chokepoints Maritime routes are a few kilometers wide corridors that connect economic regions and cross land transportation gaps. Major routes also involve the transport of raw commodities, including petroleum, grains, minerals, and food items. They form a continuum. More than 1.14
He began his analyst career in 2003 at a company called Meta Group, then the second largest research firm in the industry. or offshore, the nonprofit Reshoring Initiative's free Total Cost of Ownership Estimator can help corporations calculate the real P&L impact of reshoring or offshoring. We have to keep this in mind.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content