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From sourcing and bid evaluation to warehouse slotting and dynamic routing, AI tools support faster and more consistent outcomes by processing large volumes of operational data and identifying patterns that human decision-makers may overlook. These capabilities are now being integrated into mainstream TMS, WMS, and ERP platforms.
Harvard Business Review recently published an article, “ To Build Resilience, CEOs Need to Become Supply-Chain Experts ”. In this article, we wanted to discuss one aspect of supply chain that is often not given enough attention – building strategic relationships and shared value with direct spend suppliers.
In the vast sea of supply chain information, which SCMDOJO supply chain article truly stands out? Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities This supply chain article provides a comprehensive overview of the procurement department within an organization.
CLM changed its name twenty years ago to the Council of Supply Chain Management Professionals (CSCMP) to be more inclusive of the source, plan, and make aspects of supply chain management. The organization remains heavily focused on logistics, driven by the influence of consultants and technologists in the transportation sector.
Procurement and supply chain management are often used interchangeably—but in practice, the lines between them can blur in ways that create real friction. Misaligned priorities, siloed systems, and unclear ownership can directly impact key performance indicators like cost savings percentage and procurement cycle time.
For example, if I improve the cost structure in transportation, procurement, manufacturing and sales independently, what decision support framework decides the right trade-offs? In current systems where Distribution Requirements Planning (DRP) and Transportation Management (TMS) are different models, alignment is impossible.
This article outlines key factors driving supply chain change, the limitations of outdated strategies, and how Walmart is restructuring its supply chain using AI and automation. The COVID-19 pandemic and ongoing geopolitical shifts demonstrated the risks of relying on single-source suppliers and minimal inventory buffers.
And even before they begin, they must realize these problems are too big for any single team—supply chain must connect with finance and procurement to treat the n-tier suppliers as an extended part of their network and become their preferred customer. By identifying these gaps, you can create sourcing events to close them.
Koganti urged the procurement audience to look for whats referred to as “foresight function” in planning tools, which is capable of enhancing data analysis, scenario generation and trend identification , allowing for more informed and proactive decision-making, albeit with human oversight.
This article is from Michael Balint at Solvoyo and looks at the fresh produce supply chain. In a Sept 2022 Deloitte article, they maintain that “perishability is still relevant but now more of a pocketbook issue. Sourcing is not only from traditional farms but also from controlled environment agriculture (e.g.,
With global transportation costs climbing and carrier networks becoming more complex, transportation spend management has become a strategic priority — not just a back-office function. Why Transportation Spend Management Demands Better Data Transportation spend often ranks as one of the top operational costs for shippers.
They write, “This includes tackling bigger issues such as compliance, supplier relationship management, risk and disruption, responsible sourcing, and transparency. “AI allows you to integrate real-time data from various sources, helping you devise more efficient delivery routes and schedules.
This article describes how to incorporate simulation techniques into optimization, build a stochastic optimization model, and end up with a more resilient supply chain model. Optimal sourcing plant is different for different periods A baseline optimization model shows that depending on the period (month), the optimal sourcing location varies.
The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. At the heart of it all, an effective procurement strategy remains paramount.
Tesco and Walmart have announced procurement policies aimed at reducing carbon emissions and promoting sustainability throughout their extended supply chains. AI can integrate with procurement platforms, utility meters, logistics trackers and internet of things sensors to gather real-time data. Retailers are following suit.
” Here is an excerpt from the article: “…it isn’t by becoming more efficient that the supply chains of Wal-Mart, Dell, and Amazon have given those companies an edge over their competitors. The advancements in analytics–open-source, cloud, internet-of-things (IOT), and cognitive computing–are very promising.
An article from The Wall Street Journal mentioned a research by the Hackett Group that showed actual financial benefits in business relationships with diverse suppliers. Kelli Saunders started Morai Logistics Inc,in 2010 as an agent for Mode Transportation, a leading third-party logistics company. Greater return on investments.
Procurement, activities such as strategic sourcing, are one of the main processes in the supply chains that can generate a positive impact on companies by giving them a competitive advantage in the market. Strategic sourcing can help supply chain leaders identify potential risk factors and develop procurement mitigation plans.
Last week, Clint Reiser published an article highlighting our 2022 supply chain predictions. Three years ago, my colleague Steve Banker wrote an article about the Amazon supply chain , asking if it was the most innovative in the world. Accordingly Supply Chain and Procurement will need continuous collaboration.
By the time I have finished writing this article, and certainly before it is published, the situation will have changed. Supply chain management typically does not fit very well with procurement, which is a challenge at the best of times, and can be a disaster in difficult times. Procurement must adjust accordingly.
Today’s article comes from the team at Coupa and explores an agile and resilient supply chain. As organizations strive to make their supply chain design a reality through planning and source-to-pay processes, many remain constrained by organizational silos and disparate systems. To read the full article, click here.
Bowman, SupplyChainBrain In the rush to adjust sourcing strategies in line with current trends in international trade, the answer might be to think small. What it doesn’t necessarily mean is simply transporting those Chinese mega-factories to another hemisphere. It could even entail some degree of domestic production.
Should the work stoppage drag on, it could disrupt June 15s Formula One Canadian Grand Prix in Montreal, given that DHL is responsible for transporting the race cars used in the competition. Timely, incisive articles delivered directly to your inbox.
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Today’s supply chains often span multiple countries, involve various suppliers, manufacturers, and distributors, and rely on intricate networks of transportation. The Rise of Sustainability and Ethical Sourcing In recent years, sustainability and ethical sourcing have become important concerns for businesses and consumers alike.
In this article, we’ll explain what centralized purchasing is, the challenges it tackles, the benefits of centralized procurement, and the types of companies that can benefit most from it. That’s when a centralized procurement organization structure proves beneficial.
The remainder of this article will focus on the technology issues. The larger the number of industry participants on a network, the better the solution is at sourcing and onboarding. The LevaData solution, for example, speeds up sourcing significantly. Those include trust issues, the operating model, and technology.
Procurement has never played such an important role in the increasingly globalised economy. Has procurement fundamentally changed itself in the past 10 years? Strategic Procurement can mean totally different things in different industries and sectors. The time when Procurement was almost a synonym to Purchasing has long gone.
Meet with the Leader in Procurement Risk AI As geopolitical risk, regulatory change, and ESG expectations accelerate, Exiger helps CPOs tackle the growing list of procurement challenges. Were excited to join World Procurement Congress 2025 for several exclusive events to discuss technology-driven transformation and building resilience.
This article will explore key strategies for building supply chain resilience, and how Skill Dynamics can help support your business throughout this transformation. A lack of resilience can cause disruptions and delays to sourcing, transportation, or even manufacturing all of which lead to higher costs.
Feature Article by Dr. Raymon Krishnan – President at the Logistics and Supply Chain Management Society. This article was originally written and published for DHL in January 2020 and focused on the trade wars and how to leverage opportunities for tariff reductions. This practice is illegal. Product strategies.
Within this setup, an ERP procurement module helps companies make purchases and manage suppliers. Numbers speak louder: According to Procurement Tactics’ top procurement trends in 2025 , 83% of CPOs prioritize digitization. Keep reading to learn: What Is ERP in Procurement?
Travin Singh (creator behind Crust Brewing) realised that if he could find bakery partners, he basically had access to a cheap local source of beer making raw materials. The circular economy is a cost saver and generally has less carbon emissions, because raw materials are sourced locally and therefore with less transportation.
Because warehousing and transportation represent significant cost centers, intelligent logistics decisions are critical. Uberization: Exploring On-Demand Transportation, Labor and Warehousing. Uberization: Exploring On-Demand Transportation, Labor and Warehousing. Five Forces Reshaping Logistics as We Know it.
Hopefully, by the end of the article you will also agree. These sources while functional are difficult to connect. Most deployments focus on functional excellence–manufacturing, transportation, customer service or procurement. Indirect procurement has little to do with direct material management.
Timely, incisive articles delivered directly to your inbox. Last Mile Delivery Freight Forwarding/Customs Brokerage LTL/Truckload Services Education & Professional Development HR & Labor Management RELATED CONTENT RELATED VIDEOS Subscribe to our Daily Newsletter! Featured Product Popular Stories Starmer, Carney Reboot U.K.-Canada
For shippers, culture and behavior have to change to apply Lean Transportation thinking. The “Them (company leadership) versus Us (shop floor associates)” mentality also needs to change for Lean Transportation to " WE. The 8 Rights To Achieve Lean Transportation Practices. Transportation takes time. Right Service.
The regulation is designed to provide European consumers with extensive data about the provenance of the items they purchase, all the way back to the sourcing of raw materials. Beyond the promotion of ethical sourcing, it’s also about “how we can extend the life of products,” Balaam says. Featured Product Popular Stories J.B.
This article sheds some light on sustainability considerations at the carrier-shipper interface by analyzing recent survey data. Also, more than half of the carriers use transport route optimization and track their drivers’ performance. Most of the shippers procure their transport through long-term contracts with selected carriers.
Five Ways to Improve your Supply Chains Resilience 1) Create Transparency This process involves determining the critical components for your operations and then, working with production personnel, identifying which ones are sourced from high-risk areas and lack ready substitutes.
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Timely, incisive articles delivered directly to your inbox. Helen Atkinson, Managing Editor Report From DPW: What’s Next for AI in Supply Chain? More from this author Subscribe to our Daily Newsletter!
A famous 2010 HBR article, “Roaring Out of Recession,” studied how 4,700 public companies fared during the recessions of 1980, 1990, and 2000. With the right data you can reduce your overall transportation costs, both accessorial costs and overall freight spend. 17% went bankrupt, went private, or were acquired.
Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Along with cost savings, procurement managers are focusing on optimizing and automating processes.
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