Remove 2014 Remove Procurement Remove Sourcing Remove Transportation

Understanding Your Sourcing Footprint is the Key to Procurement Analytics

Supply Chain View from the Field

Direct conversations through on-site engagement with different lines of business is the most direct and effective means of understanding how sourcing processes are occurring today, as well as understanding how the sourcing need evolves and is expressed to suppliers. Supplier registration processes need to be designed around sourcing engagement processes, which track the supplier life cycle. Procure to Pay Strategic Sourcing Supply chain analytics

Supply Chains By the Numbers

Supply Chain Shaman

Intellectually, while I will know that year has changed, I will screw-up time, and time, again by writing 2014 on documents for many, many months. I like many other gray-haired supply chain professionals reported through a functional organization like manufacturing or transportation. The reporting of manufacturing and procurement organizations through the supply chain leader has the probability of the flip of a coin. … this is the last blog of 2014.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Google Will Acquire a 3PL – And Other Supply Chain and Logistics Predictions for 2015

Talking Logistics

Brent crude oil prices Dec 2009 – Dec 2014 (Source MoneyAM.com). For related commentary, see Insights from Ryder Innovate 2014. Big Data and Analytics for Oil and Gas Transportation. At an MIT conference last year, Tom Linton, Chief Procurement and Supply Chain Officer at Flextronics, presented his top 10 list of supply chain trends. — Adrian’s Supply Chain and Logistics Predictions for 2014.

3PL 207

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times. Work with your broker to see if you can get priority on unloading the ship and inland transport.

Global 216

Let the Qs Begin

Supply Chain Shaman

There are three reasons why: Vertical excellence—having the best manufacturing, procurement or transportation function—has not worked. How do you balance the trade-offs between source, make and deliver? Last week was the Supply Chain Insights Global Summit. It was great to see old faces at the kick-off. 110 supply chain leaders attended. I smiled on the week following the conference as the accolades piled up in my inbox.

Misnomer

Supply Chain Shaman

The team was organized around the functional silos of source, make and deliver. I believed that we would find a company with the lowest distribution costs (warehousing and transportation), and the lowest manufacturing costs, and this would result in the best overall cost structure. Instead, we found that the companies with the lowest total supply chain cost (a total of source, make and deliver) had average costs in manufacturing and distribution. Misnomer (n): A wrong name.

Multimodal 2015 – Advanced Supply Chain Management and Logistics for Cargo Owners

Supply Chain Movement

Date: 28 – 30 April 2014. Entering its eighth year, Multimodal has grown to become the UK and Ireland’s premier freight transport and logistics event. It is this ability to present the entire freight transport and logistics supply chain under one roof that makes Multimodal the go-to event for shippers, importers, exporters, manufacturers, wholesalers, retailers – all seeking ways to run a slicker supply chain. In 2014, more than 7,000 high-calibre visitors attended.

3 ways supplier diversity in supply chain can positively impact your business

DELMIA Quintiq

The Atlanta-based company demonstrated that companies focusing “heavily on supplier diversity” generated a 133% greater return on procurement investments than the typical business. These companies spent an average of 20% less on their buying operations, and the number of their procurement staff is less than half of their peers who do not have supplier diversity programs in place. More than just charity.

Modular production requires comprehensive optimization

DELMIA Quintiq

And instead of having either a small or large facility, modularization lets companies build production containers that are flexible for set-up wherever they are needed – for example, near the customer or near the procurement sources for upstream products. This helps to cut down on transportation time. What transport containers and/or types of packaging are cost-optimal and still meet customer requirements? We are seeing many developments in the chemical industry.

Notes from ProcureCon Indirect West at the Wigwam in Phoenix Arizona

Supply Chain View from the Field

I was amazed at the speed and convenience of the technical solutions emerging in the procurement area, based on the discussions I had with the individuals present. Anu formerly worked in procurement at Kaiser Permanente, and also pointed out how increasingly young physicians want to do everything on iPads (including accessing patient records) – and this will be a problem as patient confidentiality regulations can inhibit the ability of physicians to be electronically productive.

The Origins of Category Management

Supply Chain View from the Field

This impacted transportation costs, resins, chemical feedstocks, and a whole bunch of other areas. They would bid and source only part at a time! Category Management Commodities forecasting Contract Management Global Supply Chain Procure to Pay Strategic Cost Management Strategic Sourcing Supplier Relationship Management Supply Chain Economics Supply Chain Strategy

Do No Harm…

Supply Chain Shaman

Recently, I spoke to a major European retailer that lost 5% of their grocery revenues to Amazon in the first quarter of 2014. In a similar vein, a major 3PL that I spoke to last week at Eye for Transport is considering discontinuing the traditional storage of spare parts and initiating a new service to do 3D printing of parts on demand. These tools allow us to look at sell, source, make, and deliver together.

Handfield’s Supply Chain Analytics Predictions for 2014

Supply Chain View from the Field

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. As 2013 comes to a close, here are some of my thoughts regarding the supply chain trends we are likely to see emerge in 2014. Procurement will play a key role in monitoring supply base conditions. 2013 has certainly been an interesting year!

Finding Truckload Capacity: Insights on Managing the Spot Procurement Process

Talking Logistics

Data from various sources indicate that truckload capacity is starting to tighten. Over the years, however, software vendors have enhanced the spot procurement capabilities of transportation management systems (TMS), thus enabling shippers to better integrate the process with their overall operations. The post Finding Truckload Capacity: Insights on Managing the Spot Procurement Process appeared first on Talking Logistics with Adrian Gonzalez.

Job opening: Associate Director European Distribution at Astellas

Supply Chain Movement

Alternatively they are sourced from contract manufacturers or Astellas sites outside EMEA. In this position you will co-develop, document and implement the supply chain strategy in relation to the transport and distribution process of the European products. Knowledge of best practices in warehousing and transport for pharmaceutical distribution in Europe and worldwide. Experience in procurement.

Solving the Emerging Market Packaging Puzzle

Supply Chain @ MIT

Packaging shields products from damage and theft, differentiates the brand, and is a source of information for consumers. It’s a complex question, especially when each component cost is taken into account, such as the cost of handling outer packs at the production plant, distribution centers and retail stores, inner pack handling at DCs, transportation costs, and the cost of opening outer or inner packs at DCs and retail outlets.

3D Printing Set to Streamline the Retail Supply Chain Through Reduced Lead Times and Inventory

BluJay Solutions

Anyone involved in retail procurement is acutely aware of the importance of correctly predicting consumer/end-user requirements and ordering the right goods at the right time, in the right quantities. Utilize 3D printing to product a compatible power source for a batch and find out. Our January blog post 3D Printing: Supply Chain Game Changer or New Risk for LSPs?

Does Your Business Suffer From any of These Five Profit-Killing Confusions

EFT

However, this can go too far, and lead to too much complexity not only in the customer decision making process, but also in the entire supply chain - from purchasing to manufacturing those products, and then selling, transporting and storing them down the supply chain in the channels. Image: Column 3PL/Logistics Freight Transport General Supply Chain Technology/IT Vivek Sood Features & Opinion There is no doubt that confusion results in loss of action.

Pricing Power in a Cargo Bazaar: Does Revenue Management Add Value?

BlueYonder

Logistics Service Providers (LSPs) were the center of the cargo transportation universe and the shippers were fully reliant on them for all their logistics needs. Air and ocean freight carriers were reliant on these LSPs to provide them with a view of the market; in most cases they had no transparency into the shipper’s needs and thus were completely cordoned off from the true source of demand. Those were the good old days.

Cargo 58

Time for a New RFP

Talking Logistics

As you all know the dreaded RFP—or Request for Proposals—is a source of tension, angst and for many of us, a lot of grunt work. For example, the consultant didn’t know what TOFC stood for, even though a significant portion of his client’s transportation moves are trailer-on-flatcar. Now, this was not your typical “transportation procurement” engagement to secure trucking capacity.

Supply Chain Management:Why not WMS App? - Infosys Blogs

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. It does away with difficult and costly upgrades, without any risk of source code modification. Slotting, Yard Management, Labor management, transportation management, Returns Management, Reporting, Enhanced Task Interleaving, etc. Posted by Sudhanshu Raj on January 13, 2014 8:57 AM | Permalink. Procurement Blog. January 2014.

Time to Squeeze Carriers for Better Rates?

Talking Logistics

The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, dropped 0.4 percent from December 2014. percent compared to Q4 2014. Other data sources, however, suggest the market is in good balance. A few years ago, when the market was similar to today, I wrote about a Fortune 500 company that could have saved millions of dollars in transportation costs by putting its freight out to bid.

Made in “I Really Don’t Know”

Talking Logistics

As first reported by Fairfax Media , a factory in North Korea has been making high-priced surf and snow gear for Australian surfwear company Rip Curl since at least 2014, with the garments labeled “Made in China.” As reported in USA Today : [In a sourcing practice nicknamed “China plus one”], big brands like Rip Curl send their specifications — what they want made and how much they’re willing to pay for it — to sourcing agents, who find factories that agree to fulfill them.

Why Blockchain Within The Supply Chain Makes Perfect Sense

Cerasis

Instead of having to deal with an ineffective point-to-point communication system like EDI and the complexity of reconciling multiple data sources with multiple permission models, Distributed Ledger Technology (DLT) provides a singular mechanism to securely integrate, harmonize, and synchronize data for all participants. Source ] Blockchain can help mitigate these losses and their associated disputes. Blockchain Omnichannel Supply Chain Transportation Management

Oil & Gas Companies Focus on Eliminating Supply Chain Waste

Talking Logistics

But by 2014, the U.S. One area where significant waste exists is transportation management. Simply put, many oil and gas companies manage their transportation operations in a highly decentralized and fragmented manner with little or no technology. Source: “The Future of Natural Gas: An Interdisciplinary MIT Study,” [link]. “Past performance is no guarantee of future results.”.

Drop Shipping: A Perfect Fit for Supply Chain Operating Networks

Talking Logistics

And because not every trading partner is EDI-enabled, a relatively large percentage of them actually remain unconnected (for example, as recently as 2014, Home Depot was still faxing orders to some vendors ). Source: RevCascade website. Retail Trends Supply Chain & Logistics Trends Supply Chain Technology Trends Transportation Management drop shipping EDI Enspire Commerce RevCascade supply chain operating network trading partner connectivity

Supply Chain Visibility Not Just a Requirement for the C-Suite, But a Responsibility in Management

Cerasis

Better wages for truckers will attract more individuals to get their CDLs which will benefit the growth of transportation networks and provide additional availability from more truckers. Companies need to shift their attention to better supply chain visibility and management in terms of optimizing the use of technology to handle transportation managemen and investment in a streamlined transportation accounting service.

Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

” Hau Lee, October 2014. We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. The advancements in analytics–open-source, cloud, internet-of-things (IOT), and cognitive computing–are very promising. The design of transportation and supplier networks.

Supply Chain Management:Importance of Proactive Master Data.

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. In my current project about a year ago, North America region Supply Chain Planners were having major concerns related with flawed planning resulting from incorrect or no Source of Supply (SoS) for receipt elements such as Purchase requisitions &/or Planned orders. Procurement Blog. Sourcing,Procurement,Contract & Spend Management (38).

SCM 26

There Are Not Enough Women Supply Chain Leaders!

Supply Chain Game Changer

Seasoned Leadership in Action™ – An Interview with Kristie Syndikus, VP Procurement at Maple Leaf Foods! Logistics Managers, Manufacturing Directors and other Supply Chain leaders often rose from the shop floor, from front-line warehousing and transportation positions.

6 Manufacturing Trends to Watch Out for in 2016

Cerasis

Logistics and Transportation Managers at manufacturers will have reports at their fingertips on how to continue to reduce transportation costs, a heavy portion of the expense budget, by leaning on data to continually improve. According to the International Federation of Robotics : In 2014, robot sales increased by 29% to 229,261 units, by far the highest level ever recorded for one year. Between 2010 and 2014, the average robot sales increase was at 17% per year (CAGR).

Trends 191

Infor’s Acquistion of GT Nexus: If I Had a Magic Wand

Supply Chain Shaman

In 2014, SAP posted revenues of 19.5B$ and Oracle with 38.3B$. Based on reporting from the Wall Street Journal, the company hired Morgan Stanley to shop the company and package it for sale in 2014 with an expected evaluation of 800M$. The goal is deeper analytics to sense and respond across make, source and deliver. GT Nexus is one of the strongest providers of transportation visibility for the global ecosystem. Companies need a real-time data source on performance.

Manufacturing Gains From Machine Learning

IQMS

Source: Smartening up with Artificial Intelligence (AI) – What’s in it for Germany and its Industrial Sector? (52 Source: Technology and Innovation for the Future of Production: Accelerating Value Creation (38 pp., Source: Digital Factories 2020: Shaping the future of manufacturing (48 pp., Machine learning is predicted to reduce costs related to transport and warehousing and supply chain administration by 5 to 10% and 25 to 40%, respectively. 2014).

8 Reasons Why Your Business’ Success Depends Upon Your Supply Chain

Logistics Bureau

According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth superior to the average within their industries. In 2014, a survey by Tompkins Consortium delivered a shocking revelation. To put that claim into some perspective, consider this data revealed by Gartner from research conducted in 2014: . Procurement costs. There is also the question of ethical procurement and purchasing to consider. .

My Take: E2open Buys Terra Technology

Supply Chain Shaman

In 2007-2014 Terra added inventory management, multi-tier demand sensing, transportation forecasting, and long-term forecasting. Used as a one-to-many data model for sourcing and procurement by companies like IBM, Cisco Systems, Dell, Motorola, Seagate, and Vodafone , there is much promise; but in the last five years the Company, plagued by execution issues, encountered problems. Traditionally E2open sold to the procurement organization.

SCM 150