Remove Analytics Remove Procurement Remove Shipping Remove Vietnam
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Freight Market Intelligence: Data is crucial, but context is king

Freightos

As more data sources get legible, whether it’s container ship movements, eAWBs or carrier rates , it can have incredible ramifications. I’ve heard anecdotes from the past two years of SVPs at multinational companies needing to sign off on spot procurement but the degree of interest executives are now showing is impressive.

Freight 156
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What Should Supply Chain Management Teams Anticipate in 2023 and Beyond- Part Two

Supply Chain Matters

That will have a direct impact on the dynamics of global container shipping, airfreight and logistics networks. Procurement and supply management leaders will be expected to provide both leadership for supply resiliency and added value, but also supply network cost reductions. Overall Themes for the Year 2023.

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The Power of Outsourcing for Supply Chain Improvement

Logistics Bureau

Meanwhile, countries in Southeast Asia, such as Vietnam and Cambodia, are enjoying growth as offshore manufacturing centres. Through collaboration with your procurement partner, you can reduce inventory levels and then potentially downsize your warehouse capacity needs.

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The difference between supply chain and logistics explained

Unleashed

When we refer to the ‘supply chain’, we’re referring to the network of suppliers, manufacturers, producers, shipping companies and more who, when combined, produce, ship and sell products and services to end-users. The life of coffee begins with growers in the likes of Brazil or Vietnam. What is logistics? Perfect order rate.

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Essential Skills for Supply Chain Leaders in Asia during Pandemic

The Logistics & Supply Chain Management Society

IT Competency: Critical for leveraging technology like smart sensors, AI, and data analytics to enhance visibility and control costs. Shortage management is a strategic approach that evaluates the number of items required by a specific date, guiding purchasing managers to procure items accordingly.

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Podcast: Rob O’Byrne on Digital Transformation, Sustainability, and Diversification in Sourcing

Requis

Sourcing is now predominantly overseas: China is one of the big sourcing countries of course, along with India, Pakistan and Bangladesh, Vietnam and Thailand. Because one of the major costs in a business, if you take in procurement and cost of goods, is supply chain. They’re loading programs and using analytical tools in house.

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SCRC Meeting Insights Part II: Management Principles for Executing Visibility Strategies

NC State SCRC

A problem in procurement can impact manufacturing and logistics and planning, but often these dots are never connected, so there never emerges a cross-functional approach to working on them. Customers change the quantity they ship inside of lead times set by the supply base, and the quantities double.