The Logistics & Supply Chain Management Society

APRIL 26, 2022

The Freightos Baltic Index Global Container Freight Index shows the cost of shipping freight remains hugely elevated – more than double the price a year earlier. In fact, global freight rates have increased tenfold since the start of the pandemic. And this was before the Russian invasion of Ukraine began.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

QAD

FEBRUARY 7, 2023

Peter Kraljic, a director at McKinsey & Company, coined the term “supplier relationship management” in 1983 in an article that proposed segmenting a business’ supplier base and mapping it against risk and profitability. This requires establishing KPIs and specific metrics of success to assess performance against.

Price Reduction 98

Price Reduction Material Savings Vendor Strategies Inventory Reduction 98

Zipline Logistics

JANUARY 10, 2023

This article was originally published by David Leichner of Authority Magazine. . Starting his career in carrier procurement and management within a Fortune 100 logistics company, Lynch has held positions of responsibility in all areas of third-party logistics. Andrew Lynch x Authority Magazine Interview. Perform a network analysis.

Supply Chain Software 52

Supply Chain Software Security Supply Chain Strategy Logistics Network Optimization Software 52

Supply Chain Game Changer

JULY 29, 2021

India’s second wave of Covid article and permission to publish here provided by Ajay Jha. Saudi Arabia shipped 80 Metric tonnes of liquid oxygen to India and Portugal assured 20,000 litres of oxygen per week to India along with 5503 vials of Remdesvir. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

India 105

India Supply Chain Saudi Arabia Portugal 105

Cathy Roberson

APRIL 6, 2022

Keep the conversation going and if I left out your comment, my apologies - Add your thoughts in the comment section at the end of the article. I’ve tried to group the responses into topic buckets. Brian Glick @bglick It’s not a series of static milestone updates but real-time alerts &adjustment updates.

Real-time Visibility 52

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Forecasting Software 52

Elementum

JUNE 30, 2022

Over the last 2 years, Supply Chain teams have been struggling to procure and manufacture enough inventory. Dr. Bruce Arntzen’s article Recession Proof your Supply Chain is relevant. Javier Echevarria has joined Ingredion as their Chief Procurement Officer. Today, the US debt is $30.5 T , and the debt to GDP ratio is 129% (!).

Procurement Analytics 78

Procurement Analytics Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 78

Talking Logistics

FEBRUARY 22, 2013

CombineNet and Transplace Extend Partnership in Delivering Advanced Transportation Procurement Solution to North America. As I stated back in December , in response to a Reuters article highlighting how U.S. Con-way Truckload and Con-way Multimodal Join Forces to Launch New Intermodal Service for North America.

Optimal Sourcing 100

Optimal Sourcing Logistics Network Optimization Software Manufacturing Procurement Supply Chain Design Software 100

Supply Chain Game Changer

NOVEMBER 13, 2018

In a previous article about supplier management , I suggested that the more a supplier tells you that they are strategic, the less they really are. Whether the phrase refers to sourcing, procurement, relationships, or other matters, its use is prevalent. Thank you to Lance Younger and Pedro Rocha for their inputs on the article.

Vendor Strategies 64

Vendor Strategies Resource Reduction Supply Chain Planning Software Purchasing Skills 64

Supply Chain Game Changer

MARCH 23, 2021

These jobs reach far and wide, touching virtually every business process, most metrics, and all functional areas. When a Procurement team is asked to find a new supplier to perform a particular service or supply a specific type of components, parts or materials there are a large number of steps required to bring this result to fruition.

Supply Chain Planning Software 64

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Negotiating Skills 64

Logistics Bureau

NOVEMBER 16, 2020

You are not alone, especially as in the time since we first penned this article, one huge and unforeseen event has raised awareness of the global importance of this vital sector—and shown it to be an attractive career choice. Streamline standards , including in procurement, packaging, and delivery. Supply Chain Coordinator.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Logistics Bureau

JANUARY 19, 2016

While this article is not going to focus on lean practices, the importance of keeping waste and process inefficiencies to a minimum can never be stressed enough when it comes to controlling expenditure and preventing cost blowouts in the supply chain. Implement performance metrics and monitor a selection of key performance indicator.

Supply Chain Planning Software 40

Supply Chain Planning Software Cost Reduction Strategies Negotiating Skills Agile and Lean Supply Chain 40

BlueYonder

JUNE 11, 2013

In my previous article on the evolution of transportation management, Driving Value from a Transportation Management Center: Think Global, Act Local , I discussed how transportation best practices were evolving from more rigid, centralized control towers to more flexible and collaborative Transportation Management Centers (TMC).

Supply Chain Network Software 67

Supply Chain Network Software Agile and Lean Supply Chain Transportation Management Network Optimization 67

The Logistics of Logistics

JUNE 7, 2019

Pros: If the 3PL is good at procurement, they can build a large network of partners / carriers. The most important measure is the Paydex metric. 3PLs that specialize in other services like air freight, sea freight, warehousing, etc. Metrics / Key Performance Indicators (KPI). Original article: [link].

3PL 100

3PL Negotiating Skills Optimal Sourcing Purchasing Training 100

Supply Chain Game Changer

NOVEMBER 17, 2020

” Here is a summary of how these Global Supply Chain and Business Leaders responded and shared their lessons learned: Kristie Syndikus, VP Procurement at Maple Leaf Foods. These are the step towards accountable behavior when solving a problem Have balanced, relevant and valid metrics. Plus, metrics protect you.

Global 53

Global Supply Chain Planning Software Negotiating Skills Purchasing Training 53

DynaSys

JANUARY 13, 2021

A Three Part Article Series from QAD DynaSys – COVID-19 and Resilient Supply Chain. Sudden capital & cash shortfalls caused service levels to plummet and procurement and operations to scramble for alternatives. Your Finance department is minding this metric in particular. Above all, preserve your cash.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 62

ToolsGroup

APRIL 1, 2022

Statistics covered in the article include: How the Supply Chain Crisis is Impacting Businesses and Consumers. Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. At the end of 2021, ocean freight rates were more than three times what they were throughout 2020.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

The Logistics of Logistics

JUNE 20, 2014

Pros: If the 3PL is good at procurement, they can build a large network of partners / carriers. The most important measure is the Paydex metric. 3PLs that specialize in other services like air freight, sea freight, warehousing, etc. Metrics / Key Performance Indicators (KPI). Financial Stability. Specialization.

3PL 113

3PL Negotiating Skills Optimal Sourcing Purchasing Training 113

The Logistics of Logistics

JUNE 20, 2014

Pros: If the 3PL is good at procurement, they can build a large network of partners / carriers. The most important measure is the Paydex metric. 3PLs that specialize in other services like air freight, sea freight, warehousing, etc. Metrics / Key Performance Indicators (KPI). Financial Stability. Specialization.

3PL 100

3PL Negotiating Skills Optimal Sourcing Purchasing Training 100

Logistics Viewpoints

MARCH 31, 2022

For logistics teams seeking to manage volatility and deliver more predictable, profitable results, five advanced technologies should be in their toolkits: digital control towers, warehouse task automation, warehouse robotics, dynamic price discovery and digital freight bidding. Digital Freight Bidding. to less and 0.5%.

Logistics Network Optimization Software 206

Logistics Network Optimization Software Supply Chain Planning Software Predictive Analytics Software Supply Chain Network Software 206

ShipBob

NOVEMBER 15, 2021

In this article, we will discuss what logistics planning is, why it’s important for ecommerce, tips on how to optimize your logistics plan, and how a 3PL like ShipBob can help facilitate business growth by handling all internal and external logistics processes. Procurement and manufacturing. Logistical Process. Planning tips.

Supply Chain Planning Software 98

Supply Chain Planning Software Logistics Network Optimization Software Material Savings Negotiating Skills 98

Supply Chain Game Changer

JANUARY 12, 2021

3 Most Common Freight Forwarding Scams (and How to Avoid Them)! One of our most popular articles is Freight Forwarding scams. Every couple of weeks I will get an email from someone, from anywhere in the world, who has been the victim of a freight forwarding scam, and is looking for help. Subscribe Here! Email Address.

Supply Chain Design Software 57

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Strategy 57

Supply Chain Game Changer

JANUARY 29, 2020

IMO article and permission to publish here provided by Jenish Sheth. Under this regime, the primary responsible party in the freight market will be the vessel owner or operator. million metric tons annually. will also need to update freight tariffs accordingly. Subscribe Here! Email Address.

Cost Reduction Strategies 67

Cost Reduction Strategies Virgin Islands Price Reduction Inventory Reduction 67

Enterra Insights

SEPTEMBER 12, 2019

Lack of Inventory Visibility and Metrics. Legacy staffers assert, “Both major enterprises and startups alike generally have relatively poor visibility into inventory in transit, which has led to an increasing demand for real-time freight visibility solutions.” They are: 1. Carrying inventory is a necessary evil.

Omnichannel 100

Omnichannel Logistics Network Optimization Software Retail Inventory Reduction 100

ShipBob

DECEMBER 3, 2021

While this position goes by several other job titles (such as “Logistics Director”, “Head of Logistics”, and “Director of Supply Chain”), its basic purpose is always the same: to manage every step in the supply chain, including procurement , production, inventory management , fulfillment, and shipping.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Supply Chain Planning Software Optimal Sourcing 52

Talking Logistics

APRIL 7, 2016

In late February, LeanLogistics introduced LeanGlobal , a new TMS module that facilitates ocean freight transportation (see my comments at the time), and last week the company announced LeanFleet , a tool designed to streamline fleet planning and execution. What if you’re a TMS vendor somewhere in the middle?

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Optimization Software Transportation Management 100

Unleashed

JUNE 23, 2021

Reduced carbon footprint: Cutting your freight times doesn’t just save money, it lowers your impact on the environment too. Cut costs: As specialist providers, 3PL companies often have good relationships with freight companies and can find ways to make deals or trim costs, which they can pass on to you. The benefits of 3PL for SMEs.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

ShipBob

SEPTEMBER 3, 2021

Though the pandemic isn’t forever, the push towards digital transformation will continue to support retailers as they build supply chain resilience and be prepared for almost anything — a sudden influx in demand, logistics procurement disruption, natural disasters, or a warehouse closure. What is supply chain transformation?

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Inventory Management Software 97

Supply Chain Shaman

OCTOBER 7, 2012

Alternate Bill of Materials and Alternate Sourcing: The more alternatives that exist through the manufacturing and procurement processes, the easier it is to design the supply chain to absorb cost and supplier variability. Q: What will be the role of the freight companies in the supply chain agility?

Supply Chain Design Software 226

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Inventory Reduction 226

Supply Chain Game Changer

JANUARY 20, 2020

Supply Chain heroes article originally published by, and permission to publish here provided by, Adam Robinson on [link]. . Supply chain managers refocus their efforts to increase adherence to perfect order metrics and leverage marketing capabilities and capacities to their fullest potential. Subscribe Here! Email Address.

Supply Chain Software 62

Supply Chain Software Agile and Lean Supply Chain Logistics Network Optimization Software Supply Chain Strategy 62

ShipBob

DECEMBER 12, 2022

In this article, we’ll break down what COGS is, why it’s important for your business, and how to calculate it, and how to use it in relation to other important metrics. . Cost of goods sold, or “COGS” for short, refers to the amount of money your business spent to produce or procure the products that you sold.

Purchasing Skills 52

Purchasing Skills Procurement Analytics Procurement Solutions Manufacturing Procurement 52

GlobalTranz

AUGUST 9, 2016

Metrics and Key Performance Indicators (KPIs) measure how well the shipper-transportation provider does in daily continuous improvement. Create daily route designs, complete real time track and trace, generate real-time metrics , and complete daily problem solving. Measure Transportation Performance. Problem-solving methods.

Waste Reduction 120

Waste Reduction Agile and Lean Supply Chain Cost Reduction Strategies Lean 120

ShipBob

MARCH 3, 2022

Only when you know how much it costs to produce or procure a single unit of any SKU can you make more informed decisions on how much to sell it for. In this article, we will define cost per unit, explain why it is important and how to calculate it, and offer actionable tips to reduce their cost per unit. . What is cost per unit?

Cost Reduction Strategies 52

Cost Reduction Strategies Material Savings Price Reduction Inventory Reduction 52

Logistics Viewpoints

OCTOBER 5, 2021

However, a recent Forbes article pointed out that, while 92% of executives believe supply chain visibility is critical, only 27% of their companies have achieved it. As transportation management solutions automate the processes of procuring carriers, planning truckloads and determining optimal routes, the result is a huge productivity boost.

Logistics Network Optimization Software 211

Logistics Network Optimization Software Resource Reduction Waste Reduction Cost Reduction Strategies 211

Talking Logistics

DECEMBER 20, 2017

Mexico and Canada are heading into 2018 with no clear plan for saving the North American Free Trade Agreement,” states a Bloomberg article published on December 15. I’ll begin with several high-level trends and factors that will impact supply chain and logistics strategies and operations in the coming year: Free Trade Agreements : “The U.S.,

Predictive Analytics Software 92

Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 92