Logistics Viewpoints

DECEMBER 12, 2022

They source plastic pellets and then use injection, blow molding, rotational molding, and thermoforming to produce their finished products. In September of 2020, the company hired Jeff Baker to be their Vice President of Procurement and Integrated Supply Chain. That, I commented, was a very fast implementation.

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Supply Chain Game Changer

NOVEMBER 15, 2018

Procurement professionals have the same question looming over their head on a daily basis: “How do you plan on dealing with digitalization?”. Recently I had the pleasure of attending EBG Network’s 8th Annual Source to Pay Summit, which gathered some of the Nordic’s largest organizations and procurement profiles.

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Supply Chain Game Changer

FEBRUARY 16, 2020

Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. In fact, it made me think of a specific chapter I read from Magnus Carlsson’s Strategic Sourcing and Category Management: Lessons Learned at IKEA.

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Logistics Viewpoints

MARCH 8, 2021

Mr. Frasquet is the executive director of corporate procurement, although his responsibilities include a much broader set of supply chain responsibilities than just sourcing. Logistics can be a challenge. The cost reduction includes sourcing, customs & duties, transportation, production, and inventory holding costs.

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Logistics Viewpoints

MAY 27, 2021

Five Forces Reshaping Logistics as We Know it. Because warehousing and transportation represent significant cost centers, intelligent logistics decisions are critical. Forget what you knew about logistics. In fact, the on-demand industry was estimated to account for $75 billion in 2018. [1]

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Freightos

JULY 26, 2018

In other words, last month’s announcement was a stay of execution, not a reprieve, and it’s only a matter of time before Amazon reveal plans for a comprehensive logistics network. Amazon is at the nexus of ecommerce, data, and logistics, with a drive to constantly improve their logistics network. Amazon’s logistics hiring plans.

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GlobalTranz

JULY 30, 2018

Even JP Morgan, Microsoft, and Google, reports Jonathan Chester of Forbes , are working to increase blockchain development and innovation, and supply chain leaders need to understand how the use of blockchain in supply chain and logistics will bring about lasting change and improvements in efficiency.

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Material Handling & Logistics

MARCH 9, 2018

From limited visibility beyond their tier-one suppliers to teams that don't have the capabilities to deliver on the strategy, procurement officers have their work cut out for them. Yet challenges remain: More than half (51%) of procurement leaders surveyed do not believe their teams have the capabilities to deliver their procurement strategy.

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Material Handling & Logistics

APRIL 7, 2018

Although the latest 2018 Salary Survey results found only 2% of the total population of supply chain professionals are in their 20s (the same percentage as in 2017), the gender breakdown of the Millennials recognized in this year's 30 Under 30 program was 18 males / 12 females, for a much more reasonable 3:2 ratio. Media Type. anonymous user.

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Enterra Insights

JUNE 18, 2019

Cheng-Shorland explains, “Supply chain is driven in large part by the procurement process. Moving any product or service through a supply chain starts with a procurement contract, which initiates the tendering or bidding process via an RFI, RFP or other type of formal request. Talk about a great use case for blockchain!

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Supply Chain Shaman

NOVEMBER 2, 2018

There is no solution to optimize source, make and deliver together or drive bidirectional orchestration to execute trade-offs between functions automatically. The groups of supply planning, procurement and logistics operate within silos. This is true of both an enterprise and a network architecture. History of E2open.

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Supply Chain Game Changer

NOVEMBER 26, 2018

Check out Procurement Report Card: Most Executives Think Procurement Isn’t Strategic Enough! Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. Subscribe Here! Email Address.

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Logistics Bureau

NOVEMBER 14, 2018

If you have not yet tackled the question of ethics in procurement, now is a great time to start. It does not matter whether you are a procurement professional, internal customer, external customer, senior executive, or supplier. Procurement is what sets entire supply chains and their organisations in motion.

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ModusLink Corporation

NOVEMBER 16, 2021

First, the sought-after raw materials are procured. These elements include Product Design, Procurement, Production, Logistics, Consumption, Waste management and Supply Chain Technology. Procurement. The concept of acquiring such materials is often called ‘Green Procurement’. Product design. Consumption.

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Enterra Insights

NOVEMBER 29, 2018

A supply chain is an end to end process which typically begins with the sourcing of raw materials and concludes with the sale of a good to the final customer.”[1] Gone are the days when procurement and merchant organizations alone competed for market share. 1] Billal Chouli, “ What Is Supply Chain Management and Logistics?

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Supply Chain Game Changer

NOVEMBER 13, 2018

Check out What Exactly Is Reverse Logistics? Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more. Source: [link] ). Source: [link] ). Source: [link] ).

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Supply Chain Matters

APRIL 3, 2024

Major Earthquake Senior business, procurement, information technology or supply chain executives with the responsibility for the assessment and mitigation of business related risks can often contemplate various impactful risk events. magnitude event that occurred in early 2018 as well as a 6.3

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Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. business logistics costs reportedly rose by 22.4 For 2021, U.S. percent to $1.85

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Supply Chain Matters

SEPTEMBER 8, 2022

Procurement sourcing and tail spend solutions provider Fairmarkit announced the completion of a $35.6 This provider describes itself as an AI- enabled procurement Cloud platform built for the sourcing of lower-dollar, non-strategic purchases, commonly referred to as “ tail spend.” Fairmarkit Announces $35.6

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Enterra Insights

JUNE 11, 2018

.”[1] What Potts discovered was that people living near the lake used tools made from obsidian and the nearest source of that stone was over a hundred miles away. The amount of obsidian discovered near the lake makes it unlikely the local population was self-sourcing. ” Supply Management , 4 April 2018. [2]

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Enterra Insights

JANUARY 17, 2019

Jesper Bennike, CEO of GateHouse Logistics Company, notes, “A gamut of new Industry 4.0 Joanne Phoenix ( @drjoannephoenix ) explains, “It is widely accepted that the Internet of Things market is growing at an exponential rate and becoming the norm for many, with 3.6bn connected devices used for daily tasks [in 2018].

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Talking Logistics

JANUARY 8, 2018

Supplier viability is a major concern of supply chain leaders and procurement professionals today when committing their direct materials to specific trading partners,” said David Cahn, Director of Product Marketing at Elemica , in a recent episode of Talking Logistics. appeared first on Talking Logistics with Adrian Gonzalez.

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Supply Chain Matters

APRIL 4, 2024

Accenture Acquires Global Logistics Consulting Firm Flo Group Global based consulting and other services firm Accenture has reportedly acquired European based global logistics consulting services firm Flo Group. The deal reportedly will further enhance Oracle’s logistics software deployment capabilities across Europe.

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IQMS

OCTOBER 18, 2019

Key factors influencing inventory levels, supplier quality, demand forecasting, procure-to-pay, order-to-cash, production planning, transportation management and more are becoming known for the first time. Source: Machine Learning – A Giant Leap for Supply Chain Forecasting, Material Handling and Logistics Conference (PDF, 28 pp.,

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Supply Chain Matters

JANUARY 25, 2023

In a subsequent blog post, we will highlight another breaking development, that being a significant joint announcement from global shipping lines Maersk and MSC that should garner the interest to supply chain management transportation and logistics management teams.

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Enterra Insights

NOVEMBER 5, 2018

For example, at the NRF’s 2018 Shop.org conference, CVS Pharmacy President Kevin Hourican, told participants, “Retail isn’t dead. However, success belongs only to retailers that consistently integrate processes and data — from procurement logistics to goods management to home delivery service. Bad retail is dead.”[2].

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Supply Chain Game Changer

NOVEMBER 23, 2018

Check out What is Virtual Procurement and Why Should You Care? Procurement is an integral part of any company in any industry. Jill is a true, seasoned leader and expert in Procurement. She offers Procurement services which anyone seeking help in any aspect of this area of Supply Chain must seriously consider.

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BlueYonder

DECEMBER 22, 2020

This blog is based on an article that recently ran in the Journal of Supply Chain Management, Logistics & Procurement, “ Supply chain agility: An imperative in an unpredictable world.”. In addition, product categories are much more segmented and differentiated than they were previously. It should also be shared downstream.

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Supply Chain Matters

APRIL 14, 2023

Venti Raises $29 Million in Series A Round Autonomous logistics technology and industrial hubs provider Venti Technologies announced that it has secured $28.8 The tech provider has added a deeper set oof meteorology and climate science data to provide customers with weather and climate focused risk factors. million in Series A financing.

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Supply Chain Matters

JANUARY 10, 2024

The company is backed by a number of investors and has undergone funding rounds in 2018 and 2021. The funding was aimed toward expanding the company’s go-to-market programs in consumer goods, retail, logistics, manufacturing, and distribution industries, as well as further development of its Cosmic Frog supply chain design platform.

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SCMDOJO

JANUARY 30, 2023

Brian Krzanich Brian Krzanich, a former CEO of Intel Corporation, served in this position from 2013 to 2018.

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Enterra Insights

JULY 28, 2020

Analysts at Sprint Logistics note, “Technological advancements like the Internet of Things (IoT) and Artificial Intelligence (AI) are transforming the way we live and work, and traditional supply chains are not exempt from the digital revolution.”[2] ” Sprint Logistics Blog, 27 March 2020. [3] ” Start small.

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Enterra Insights

MAY 6, 2019

According to the staff at Supply & Demand Chain Executive , “A new report from Resilinc reveals that global risks increased throughout 2018, with geopolitical conflicts posing some of the most potentially costly and disruptive supply chain impacts.”[1] Unfortunately, taking a knee is not an option. ” 10. Footnotes. [1]

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HICX Solutions

JANUARY 29, 2020

According to the Logistics Bureau , “If net profit on sales is 5%, for example, a reduction in supply chain costs from 9% to 4% (or from 12% to 7%) will double net profits.”. Training on supplier systems due to high turnover in procurement/AP. Establish a savings framework for your supply chain.

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Enterra Insights

JUNE 13, 2019

To counterbalance such potential negative effects, companies should pay just as much attention to a less appreciated source of competitive advantage: resilience.”[1] He explains, “If you have data that represent the sources of disruption, it is possible to model and simulate the frequency and impact of these events.

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Enterra Insights

JULY 31, 2019

Multinational enterprises deal with a dizzying array of paperwork involving procurement deals, purchase orders, shipping data, etc. David Pereira, founder and CEO of Trinity Logistics, USA Inc., David Pereira, founder and CEO of Trinity Logistics, USA Inc., The modern supply chain is mind-boggling. ” Footnotes. [1]

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Supply Chain Matters

APRIL 18, 2022

According to the announcement , Amoretty joined the company’s senior leadership team tasked to develop a production, operations and procurement vision for its supply chain to ensure multi-year growth, product line expansion plans and profitability.

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