Talking Logistics

DECEMBER 11, 2014

Brent crude oil prices Dec 2009 – Dec 2014 (Source MoneyAM.com). So, here is my invented future for 2015, starting with my most audacious prediction: Google will acquire a logistics service provider (3PL) and/or a logistics software vendor. Develop a Shared Vision Statement with Your 3PL. Time for a New RFP. Collaborate?

Predictive Analytics Software 201

Predictive Analytics Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics 201

GlobalTranz

NOVEMBER 28, 2016

Editor's Note: Today's blog is by our great friend, Chuck Intrieri where he gives us a fantastic example of how Procurement and Suppliers can enhance Supplier Relations by navigating the "Battle of the Forms.". Battle of the Forms: Will You Win, Lose or Draw? Naturally, a supplier relations conflict exists.

Negotiate Pricing 120

Negotiate Pricing Manufacturing Procurement Optimal Sourcing Purchasing Skills 120

Logistics Viewpoints

AUGUST 6, 2014

The post Efficient Financing Options Help Enhance Factory Standards in Emerging Markets appeared first on Logistics Viewpoints: A Blog for Logistics, Supply Chain, and 3PL Executives. Procurement/Sourcing Supply Chain Planning Supply Chain Risk Management financial supply chain GT Nexus IFC'

Sourcing Strategies 184

Sourcing Strategies Supply Chain Risk Management Supply Chain Planning Risk Management 184

Jaggaer

DECEMBER 4, 2018

Why You Should Consider Freight Procurement Sourcing Solution. Procuring raw materials or finished goods is one thing, but the processing of moving those goods from one place to another brings its own set of challenges. Industry experts call out advanced sourcing solutions as being extremely important to freight procurement.

Optimal Sourcing 40

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Procurement 40

GlobalTranz

SEPTEMBER 23, 2021

A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. Rapid Scalability and Leveraging the Collective Buying Power of a Large 3PL. Outdated methods of tendering, capacity procurement and freight management no longer work for today’s high-pressure and technologically driven market.

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

BlueYonder

OCTOBER 6, 2023

Building strategic relationships, enhancing collaboration with logistics providers or 3PLs, and internalizing 3PL/4PL functions to gain more control over logistics operations are all strategies that contribute to supply chain resilience.

Waste Reduction 81

Waste Reduction Inventory Reduction Automotive Cost Reduction Strategies 81

The Logistics of Logistics

AUGUST 29, 2019

At one point while working for a 3PL, I did a lot of work in retail. [04:37] We found equipment and materials that can’t be sourced locally. I was involved with the procurement of equipment and materials. Instead of working with a 3PL, we hired everyone that we needed ourselves. [11:47] It’s Saudi Aramco. What happened?

Saudi Arabia 113

Saudi Arabia Logistics Network Optimization Software Company Procurement Analytics 113

The Logistics & Supply Chain Management Society

SEPTEMBER 21, 2022

In essence, a lot of logistics planning boils down to finding the quickest possible route between various points of delivery before returning back to the source. Aside from route planning and optimisation, some other avenues worth exploring include: Sustainable Sourcing of Goods. When you have two points, it is not much of an issue.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Optimal Sourcing Optimization Software 130

SCMDOJO

AUGUST 21, 2023

These insights guide businesses in forming high-performing procurement teams, thereby fostering a seamless and efficient supply chain network. Moreover, his content delves beyond procurement, unraveling the core competencies and skills essential for triumphant supply chain management.

Negotiating Skills 97

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 97

ShipBob

JANUARY 17, 2022

Supply chain execution refers to the process of driving the flow of goods within the supply chain – starting from procurement all the way through final-mile delivery. This may include production planning to decide on manufacturers and suppliers, as well as developing procurement strategies based on forecasted demand and production lead times.

Supply Chain Execution 52

Supply Chain Execution Supply Chain Planning Software Optimal Sourcing Supply Chain Software 52

The Logistics of Logistics

OCTOBER 12, 2012

Chuck Intrieri is currently a operations and management consultant focused on third party logistics (3PL) management. Chuck has significant operational experience having served as the Chief Procurement officer for The Schwinn Bicycle Company, Ping Golf, Troy Built as well as a procurement officer for Maricopa County Arizona.

Manufacturing Procurement 100

Manufacturing Procurement Optimal Sourcing Negotiating Skills Purchasing Skills 100

Unleashed

OCTOBER 30, 2023

Procurement and purchasing Before goods can be sold and delivered to customers, they must be produced, acquired, and prepared for sale. Procurement is the process of sourcing the suppliers and service providers that enable you to sell products. This will help to improve supplier relationships.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Procurement Solutions Material Savings 52

Logistics Bureau

APRIL 3, 2023

Access to Economies of Scale By outsourcing manufacturing, logistics, or other supply chain support activities such as procurement , your company may access the economies of scale enjoyed and passed on by specialist service providers. Your organisation may be one of many that a contract partner serves.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

ShipBob

SEPTEMBER 20, 2021

The process involves complex steps, from procurement, to shipping products to end users, often resulting in a lack of visibility and high operational costs. End-to-end (E2E) supply chain refers to all supply chain processes, from logistics procurement to the post-sale customer experience. . Procurement & manufacturing.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 52

Talking Logistics

MARCH 7, 2017

Reasonable linking of various data sources (= intelligent integration) in order to have continuously-updated data with high significance and quality instead of fragmented and isolated information. It’s about creating a common cross-company basis that integrates all participants on a procurement or distribution level. Share processes.

Automotive 102

Automotive Supply Chain Planning Software Manufacturing Procurement Supply Chain Network Software 102

QAD

OCTOBER 26, 2023

The information your trade team uses to determine landed costs or admissibility of goods should be shared with procurement teams, so that you always purchase goods at the lowest possible price. This same information can be used by your global trade compliance team to ensure that a sale can proceed. How will returns be handled?

Supply Chain Disruption 93

Supply Chain Disruption Supply Chain Software Supply Chain Strategy Modeling 93

ToolsGroup

SEPTEMBER 25, 2019

Our services help clients develop the right supply chain strategy for their business challenges and implement the process and technology solutions to improve Demand/Supply Planning, Procurement and Sourcing, Logistics and Warehousing, and Reverse Logistics business performance.

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Supply Chain Software 136

Talking Logistics

JULY 24, 2015

billion, which if it happens, would be another large deal in the third-party logistics (3PL) industry since December (see, for example, FedEx acquisition of GENCO and XPO Logistics acquisition of Norbert Dentressangle ). For related commentary, see Is the 3PL Industry Becoming Barbell Shaped? and Convergence is the Word for 3PLs.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software 100

The Network Effect

AUGUST 25, 2014

Or a personal health situation arises like a batch of peanut butter becoming contaminated with salmonella or children’s toys being contaminated with lead paint, where the regulators have difficulty identifying the source of the problem several tiers upstream in the supply chain.

Supply Chain Design Software 205

Supply Chain Design Software Supply Chain Design Manufacturing Procurement Supply Chain Strategy 205

Jaggaer

JUNE 23, 2020

From source materials to distribution, the supply network must be carefully streamlined to produce the best results possible. For more on pharmaceutical procurement, register for our upcoming webinar. Sourcing teams can launch a full RFQ to select a provider. RFQ, Contract, and Risk. JAGGAER is here to help. Register now.

Pharmaceutical 72

Pharmaceutical Optimal Sourcing Supply Chain Network Software Network Optimization 72

ShipBob

SEPTEMBER 29, 2021

Partnering with the right 3PL takes the challenges that come with managing retail logistics off your plate and puts it into the hands of experts. . Procuring inventory. Having insight into what’s going on during the procurement process can help you find ways to build a more agile supply chain. Order fulfillment.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Optimization Software Inventory Management Software 52

3PL Insights

FEBRUARY 14, 2023

This process starts from the moment a product is sourced from the supplier to the customer. Inventory Management Inventory management is the procurement, storage, and selling of a company’s inventory. Retail logistics is responsible for delivering products to customers both in physical stores and online.

Logistics Network Optimization Software 92

Logistics Network Optimization Software Inventory Management Software Supply Chain Software Retail 92

Talking Logistics

APRIL 6, 2017

It may be time to evaluate your transportation network and approach to procurement and make the move from simply fixing logistics problems as they present themselves to a more strategic, scalable model derived from analytics and not simply rates. Do you have a resilient and “stress-able” routing guide?

Capacity 101

Capacity Price Reduction Sourcing Strategies Cost Reduction Strategies 101

GlobalTranz

APRIL 25, 2016

Inventory measurement is critical and it is money after all in that it took a capital expense to procure. Customer Service Levels : When it comes to how a shipper defines the value of a logistics provider or 3PL to the bottom line, there are often several Key Performance Indicators (KPIs) and Logistics Metrics taken into consideration.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Unleashed

JANUARY 16, 2023

When your business is receiving more orders than it’s possible to fulfil in-house, third-party logistics (3PL) can mean the difference between disappointing customers and capitalising on that success. In this guide to third-party logistics: What is 3PL? 3PL providers are experts when it comes to shipping and logistics.

Third Party Logistics 98

Third Party Logistics Logistics Network Optimization Software 3PL Inventory Management Software 98

GlobalTranz

APRIL 22, 2015

Efficient logistics is an important determinant of a country’s competitiveness and source of employment. It is also defined as the procurement, maintenance, distribution, and replacement of personnel and material. Logistic activities accelerate economic growth and productivity growth. What is a Logistics Framework?

Material Savings 120

Material Savings Logistics Network Optimization Software Cost Reduction Strategies Global 120

ShipBob

JULY 18, 2022

That’s why it’s important to plan your procurement accurately and manage your inventory more effectively to mitigate this risk. Getting an accurate prediction of future demand is essential to planning your inventory procurement more effectively. ShipBob is a reliable 3PL trusted by thousands of brands.

Risk Management 52

Risk Management Inventory Reduction Inventory Management Software Inventory 52

ShipBob

DECEMBER 25, 2023

It can happen simply due to ineffective planning, risk management, warehouse use, or sourcing strategies. It’s a form of supply chain digitization that ensures every element, from sourcing raw material inventory to product delivery, is coordinated and managed through a centralized platform. We need to deliver quickly and inexpensively.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Inventory Management Software Supply Chain Software 52

Talking Logistics

MAY 9, 2019

Decentralized procurement of various logistics services limit leverage opportunity, cost reduction and efficiency enrichments. What are your supply chain, sourcing, visibility, and transparency challenges? Are you looking for growth into other markets and continents?

Optimal Sourcing 127

Optimal Sourcing Supply Chain Software Supply Chain Optimization Logistics Network Optimization Software 127

Logistics Viewpoints

MAY 27, 2021

As the supply chain becomes increasingly digital and collaborative , new partnerships may be formed by retailers, distributors and manufacturers to collectively source services and capitalize on economies of scale. Supply chain technology investments were once delegated to a specific function such as procurement or logistics.

Optimal Sourcing 231

Optimal Sourcing Supply Chain Software Logistics Network Optimization Software Modeling 231

American Global Logistics

DECEMBER 5, 2023

Partnering with a 3PL is not a new concept, and many of the world's most successful companies have long recognized their value as the freight market continues to evolve. That's where a trusted 3PL comes in. During times of uncertainty, nothing provides more value than a partnership between a shipper and a 3PL. Uncertainty.

3PL 52

3PL Negotiating Skills Resource Reduction Supply Chain Planning Software 52

Material Handling & Logistics

DECEMBER 14, 2018

It arrives from an array of sources, and it is presented in a variety of formats. The techniques require different degrees of sophistication, but even the relatively simple exercise of putting data from different sources in the same space and producing a visual representation can suggest strategies for transformation. Getting There.

Optimal Sourcing 111

Optimal Sourcing Supply Chain Software Sourcing Strategies Pharmaceutical 111

GlobalTranz

JULY 12, 2016

One 3PL-managed distribution center for a major U.S. Remember: There is always a better way to do anything. Measure what matters for continuous improvement in your processes. If an outcome is not important to customers and shareholders, don't waste time measuring it.

Material Savings 120

Material Savings Cost Reduction Strategies Waste Reduction Optimal Sourcing 120

Unleashed

OCTOBER 4, 2023

Integration with other supply chain functions: Order fulfilment connects with other aspects of the supply chain – such as procurement, production planning, and demand forecasting – to ensure alignment and smooth operations. Order fulfilment is just one part of the supply chain. This can include warehousing, picking and packing, and shipping.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Supply Chain Matters

JUNE 23, 2023

From a shipper or exporter lens, the report observes that in this now existing environment, businesses are sourcing capacity with an eye toward diversifying carrier options and seeking to maximize flexibility in order to respond to any market change conditions. Rail The U.S. Parcel and Last Mile The report points out that even as the U.S.

Procurement Analytics 40

Procurement Analytics Report Negotiating Skills Purchasing Skills 40

GlobalTranz

FEBRUARY 17, 2016

These are based on my 40 years working in operations at Schwinn and other companies as well as consulting many companies on how to select the best 3PL for my client's needs. Source: [link]. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well. How do you achieve warehouse cost reductions?

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

GlobalTranz

FEBRUARY 16, 2016

Tomorrow we will continue the series where we will talk about best practices to use with inventory management and how the application of LEAN can further the quest for logistics cost reduction.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120