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Freight Procurement is a Different Game

Logistics Viewpoints

Procuring transportation for freight is much different than any other procurement category. There are different tools, goals, and market dynamics. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. One master of freight procurement is Kyle Masters.

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Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. Average performance in 2016-2019 across twenty-seven manufacturing sectors on inventory turns, Return on Invested Capital and operating margin was worse than in 2012-2015. Despite spending 1.1%

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Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

The Failure of Existing Demand Planning Solutions. During the pandemic, supply chain leaders turned off their demand planning solutions. Also, the solutions lacked flexibility. No company interviewed was able to successfully use their current what-if solutions to model pandemic impacts. Lessons Learned. The reason?

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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

The increasing need for constantly analyzing these trade-offs across the supply chain networks has highlighted the need for digital twins and what-if capabilities in network design solutions. This means they are more likely to focus on value and affordability and change their priorities and brand preferences when making purchases.

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Inventory Optimisation: Tools & Techniques You Should Know

Unleashed

In 2021, businesses faced major supply chain challenges that resulted in understocked shelves and unhappy customers. Manual inventory control tasks are automated with the help of software tools and warehousing equipment. Inventory optimisation software Software is at the heart of inventory optimisation.

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Understanding the procure to pay process

Unleashed

The procure to pay process is complex and far more than simply making a phone call, or sending a few emails to arrange the purchase of goods. Strategically approaching the procure to pay process can see your company reap the rewards. In this guide, we’ll cover: What is the procure to pay process. Negotiating.

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Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

The US GDP in 2021 grew at an unexpected rate of 5.7% A container from Shanghai to Long Beach was 56 days in 2020 and increased to 80 days in 2021. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Manufacturing equipment lead times were 19 months. Focus on Cost.