Digital Procurement Improves Supply Chain!

Supply Chain Game Changer

Digital Procurement article and permission to publish here provided by Katherine Barrios of xeneta.com. The Hackett Group has recently released their analysis of their procurement benchmarking database. Important Digital Procurement Trends. What Is Digital Procurement?

The Transportation Management System Barbell

Talking Logistics

One of my supply chain and logistics predictions for this year was that the transportation management system (TMS) market will become more barbell-shaped ( mirroring what is happening in the third-party logistics industry ). “We’re 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.

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Lean Transportation: Are you Using Lean Thinking for Transportation Management? If not, Why?

Cerasis

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. The are the 8 Rights of Lean Transportation thinking: Right Materials, Right Quantity, Right time, Right Place, Right Source, Right Price, Right Quantity, and. Transportation takes time.

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Procurement & Suppliers: Paying Attention to Terms & Conditions to Keep Supplier Relations Postitive

Cerasis

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.". As I’ve mentioned in previous articles supplier relations are an essential component of a sustainable and functional supply chain. Procurement

Why Do Transportation Budgets Fail?

CH Robinson Transportfolio

Why do transportation budgets fail? It’s a thorny topic, even for transportation professionals trying to trace an increase back to its source. Imagine what it’s like for senior executives who have no background in transportation as they try to understand it. At a CSCMP conference session, participants offered case after case of how business decisions—both unintentional and intentional—can wreak havoc on transportation spend. The post Why Do Transportation Budgets Fail?

Sourcing – What You Need To Know About Coronavirus Supply Chain Disruption

Gravity Supply Chain

Sourcing: Mitigate risk during periods of supply chain disruption, such as those caused by the Coronavirus outbreak, by using digital technology. . The post Sourcing – What You Need To Know About Coronavirus Supply Chain Disruption appeared first on Gravity Supply Chain.

Leveraging Digital Technologies To Reinvent And Accelerate Supply Chain Automation – LogiSYM October/November 2020

The Logistics & Supply Chain Management Society

This provides a glass-effect view of the entire supply chain and puts companies in a position to have full circle visibility of every serial of a given product from procurement to sales and distribution. Article October/November 2020Beyond the traditional business models.

COVID-19: Implications on inventory planning, sourcing and procurement

EFT

Paiva also emphasises the importance of being robust from a supplier but also a transportation perspective. “We We need to look at alternative sources of procurement, of production, alternative factories, alternative countries. Even the transport network is changing. Précis: Supply chain experts give their take on how to navigate through uncharted waters Premium`: Freemium`: Channels: Supply Chain Logistics CEO Focus Article Type: Executive Insights Publish as a report

Surviving Disruptions – an opportunity for supply chains to thrive with people and technology – LogiSYM July 2020

The Logistics & Supply Chain Management Society

A significant paradigm shift in procurement and inventory control is an emerging area of focus. Article July 2020

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How Artificial Intelligence is Boosting Supply Chain Performance

Logistics Bureau

Transportation Management Solutions (TMS). By integrating AI technology, new platforms are enabling companies to streamline their transportation systems and cut the costs of freight. Procurement Communications.

Capitalising on Supply Chain Digitisation with Robotic Process Automation – 10 Areas of Opportunities – LogiSYM August 2020

The Logistics & Supply Chain Management Society

This article explores 10 possible areas in which can help at each stage of the flow in Supply Chain Management. Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Article August 2020

How to Get a Job in the Supply Chain Sector

Logistics Bureau

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. Review and streamline transport strategies.

Transforming the GCC Chemical Industry with Supply Chain Integration – LogiSYM September 2020

The Logistics & Supply Chain Management Society

GCC chemical industry is not immune to global trade fluctuations, transportation constraints and escalating competition, elevating the importance of supply chains to improve the bottom line. Working closely with strategic teams and exploring implications for procurement, logistics and distribution, supply chain teams can better prepare for risks related to supply and demand. Article September 2020

Pursuing a Career in Logistics and Supply Chain

Logistics Bureau

Load Planner: The holder of this post oversees the loading of customer’s orders into trucks and also plans transport routes. Procurement Specialist/Manager. The following are some of the exciting jobs that exist in logistics and transportation: Logistics Administrator.

Transport Topics Interview Subjects Get it wrong on Cloud Logistics

Supply Chain Collaborator

A recent article by Transport Topics’ Seth Clevenger inadvertently underscores the extent to which many transportation departments are way behind the times when it comes to the use of technologies for supply chain logistics management. The article, “ Execs Weigh Pros and Cons of Cloud Computing ” was a short piece long on misguided ideas about why, when and how to leverage logistics IT solutions.

How Can Procurement Create a Competitive Advantage in Talent Acquisition

ivalua

This article focuses on outsourcing, which offers more flexible solutions, has been on the rise to supply enterprises with external talents, leading to how procurement can help challenge the traditional strategy in order to maximize the chances of pairing the right talent with a need. Procurement Has A Key Role In Fighting This Talent Shortage. And, believe it or not, Procurement has a key role to play to enable this competitive advantage.

Procurement Is A Key Catalyst For The Circular Economy

EcoVadis

One of the central organisational players in the transition towards a circular economy is the procurement function. Some of the key questions are, how will procurement expand its role to address the circular economy, and how can they add value? A Procurement Change Management Challenge. It is critical for procurement to understand the radical changes that the business will most probably undertake when integrating circular principles. Learn more in this article.

Supplier Diversity in Logistics!

Supply Chain Game Changer

Supplier Diversity in Logistics article and permission to publish here provided by Kevin Jessop at cerasis.com. A more diverse world has taken shape, and the transportation and supply chain industry is no stranger to this shift. Subscribe Here! Email Address.

Global Logistics and the Transportation Management Center: The Next Phase in Network Agility

Supply Chain Nation

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). Domestic transportation management systems have sometimes been extended to support global movements as well.

Origin of Logistics & Supply Chain Revealed! - SupplyChainOpz

Supply Chain Opz

The purpose of this article is to shed the new light on this topic, who coined the terms, the true meaning of the terms and its relationship with other disciplines. According to Lummas et al 2001 , the word "Logistics" in English appeared in the article as early as in 1898. In 1905, The newspaper "The Independent" published the article that contained the word "Supply Chain" for the first time, Image Credit : Google Books. NAVIGATE. Basics. Case Studies. Graphics. All Posts.

How to Benchmark Your Supply Chain

Logistics Bureau

So as a prelude to external benchmarking, why not take a look across your company’s warehouses, transport operations, and procurement functions, benchmark internal performance, and make use of the underutilised innovations driving performance leaders inside your business.

Why is Supply Chain Such a Great Career Path?

Supply Chain Game Changer

In our article “ What Exactly is Supply Chain Management? SCM encompasses the integrated planning and execution of processes required to optimize the flow of materials, information and financial capital in the areas that broadly include demand planning, sourcing, production, inventory management and storage, transportation — or logistics — and return for excess or defective products. supplychainmanagement #humanresources #procurement #logistics #jobs.

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Make Freight Sourcing More Efficient!

Supply Chain Game Changer

Freight sourcing team article and permission to publish here provided by Katharine Barrios at xeneta.com. Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. In order to achieve maximum efficiency in freight sourcing and procurement, you need a strong team to handle the requirements. In ocean freight procurement, benchmarking gives you a clear analysis on both port to port and door to door rates.

The Case for Less Silos, More Intelligence in Supply Chain Management

Talking Logistics

Logistics, Manufacturing, Procurement, Sales and Marketing — these functional groups, for the most part, continue to operate independently from each other, each driven by their own objectives and metrics. For example, I remember speaking with the Director of Transportation Services at a large CPG manufacturer a few years ago. Break down your supply chain functional silos. This advice is not new.

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Sustainable Procurement: Want change? The first step is to create urgency

EcoVadis

When new clients come to us they often have many questions about the right steps to take in order to ensure effective implementation of their sustainable procurement program. Procurement professionals are an extraordinarily busy breed and are especially bogged down with supplier data on cost, quality, delivery, price, etc. So, what are those realities for sustainable procurement? implementing sustainable procurement business processes).

Airbus harmonizes its global procurement processes with AirSupply

SupplyOn

Airbus harmonized its global procurement processes with a innovative, highly comprehensive initiative featuring AirSupply, earning a well-deserved nomination for the German Logistics Award The construction of an aircraft is preceded by a highly complex, sophisticated procurement process. “We have now significantly streamlined our operational procurement as part of a digital transformation.”

COVID-19 Lesson: Make Your Supply Chain More Resilient

Logistics Bureau

Not only does this spread the risk, but transportation costs are lower. Localising your supply chain can significantly reduce transport costs. Localising your supply chain has a positive effect on the environment as it reduces the energy required for shipping, transport, and storage.

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SCRC Meeting – Tom Linton’s “Supply Chain Eight” and Golden Winged Warblers : Questions Every New CSCO Should Ask Their CEO

NC State SCRC

Co-location of supply chains will reduce disruptions, complications with transportations, government regulations, etc. At Flex, Tom had a scope that included the entire end to end supply chain: procurement, transportation, warehouse management, as well as customer order fulfillment, customer service, procure to pay, and trade relationships.

Expert Reveals 7 Supply Chain Trends to Watch

Supply Chain Opz

In this article, Professor Burcu Keskin from University of Alabama will share 7 trends that procurement and supply chain management professionals should watch. The biggest implication of this new imposition on procurement process is that now procurement managers have to deliver suppliers that are cost conscious and timely in their operations but at the same time can adapt to the changing demands of end customers. All of these aspects impact procurement processes.

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Create a Responsive Supply Chain to Handle Peaks and Lulls!

Supply Chain Game Changer

Responsive Supply Chain article originally published by, and permission to publish here provided by, Dave Joseph at veridian.info. As noted by Inbound Logistics , “Many manufacturers start assembling products, mapping out product specs to determine capacity needs, and working with their transportation and distribution partners on reliable and cost-effective logistics solutions up to six months in advance.”. supplychainmanagement #procurement #logisticsmanagement.

Supplier Risk Management: 4 Things To Look Out for During On-Site Evaluations

Cerasis

” In the process of business procurement and especially in the supply chain, supplier risk management is a skill set that needs focus day in and day out. The second article in our series on identifying supplier risk explores what to look for during on-site evaluations. Specifically, in the transportation and logistics industry it can be very beneficial to visit your carriers in person. Business Intelligence Data Logistics Transportation supplier risk management

Top 10 Global Supply Chain Risks

Supply Chain Game Changer

Article originally published by, and permission to publish here provided by, Katherine Barrios at xeneta.com. Risk management strategies of yesteryear are ineffective in the changing landscape, and no type of transport can avoid risks. Procurement departments must take the full burden of ensuring supplier consistency. Transport Loss. riskmanagement #supplychainmanagement #procurement #distributionlogistics. Subscribe Here! Email Address.

Are These the 5 Biggest Fallacies in Supply Chain or is it Fake News?

Supply Chain Game Changer

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. A new article in Forbes , “The Biggest Supply Chain Fallacies,” by Supply Chain researcher and beat writer Steve Banker, challenges a few of the assumptions underlying these trends, and calls out some of the conventional wisdom that’s taken hold in the field. Please check out the original article , and then we want to hear from you! Subscribe Here! Email Address.

How Blockchain Could Create the 'Autonomous Container'

Supply Chain Brain

One can imagine a world in which blockchain becomes an indispensable part of tracking and monitoring all types of containers, via multiple modes of transportation. The development of autonomous shipping equipment is likely to track that of self-driving vehicles, as the need for human involvement in transportation gradually diminishes. Comment on this article.

6 Trends to Make Supply Chain Managers the Heroes of Their Company!

Supply Chain Game Changer

Supply Chain heroes article originally published by, and permission to publish here provided by, Adam Robinson on [link]. . Furthermore, pressure on carriers and the transportation industry will result in greater use of elastic logistics methodologies, so supply chain managers must be willing to change and adapt. Guest Blog Post Human Resources Procurement Supply Chain Management Business Freight HumanResources Leadership Logistics SCM supplychainSubscribe Here!