Talking Logistics

JANUARY 31, 2017

In other words, if a planner receives multiple spot quotes for a load, the best he or she can do is a comparative analysis between the quotes without a benchmark. Technology vs. Manual Benchmarking Approach. The benchmark itself in this instance could be reflective of two different approaches. This could take a variety of forms.

Benchmarking 100

Benchmarking Negotiating Skills Cost Reduction Strategies Resource Reduction 100

Logistics Viewpoints

FEBRUARY 14, 2024

To examine supply chain management priorities, performance, and anticipated trends, APQC conducted its 10 th annual Supply Chain Management Priorities and Challenges research, including a survey of more than 350 supply chain professionals from around the world and across multiple industries. For more information on the research, click here.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 246

Bristlecone

JULY 14, 2020

In aviation, strategic sourcing can reduce the cost and fix the nuts and bolts of existing processes with the help of a well-performing sourcing team. Actions that Improve Aviation Industry Procurement Performance . Low-Cost Country Sourcing. Alignment of Purchasing Strategy with the Overall Corporate Strategy.

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Purchasing Skills Sourcing Strategies 52

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Networks and Sourcing.

Supply Chain Network Software 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218

EC Sourcing Group

JUNE 8, 2021

Sourcing Industry Veteran, Paul Martyn, joins EC Sourcing Group’s Leadership Team. EC Sourcing Group Expands its Leadership Team: Procurement and strategic sourcing technology company, EC Sourcing Group, welcomes industry veteran, Paul Martyn, to its executive leadership team.

EC Sourcing 52

EC Sourcing Optimal Sourcing Manufacturing Procurement Groups 52

EC Sourcing Group

DECEMBER 2, 2021

Factoring largely into it’s evaluation criteria are the results from the Spend Matters SolutionMap benchmarking study . “EC Sourcing also happens to be one of the most mature in capability, with a set of clever features that only comes from the battle scars of decades of managing sourcing events” — Spend Matters 2021.

EC Sourcing 52

EC Sourcing Optimal Sourcing Groups Sourcing 52

EC Sourcing Group

DECEMBER 2, 2021

Factoring largely into it’s evaluation criteria are the results from the Spend Matters SolutionMap benchmarking study . “EC Sourcing also happens to be one of the most mature in capability, with a set of clever features that only comes from the battle scars of decades of managing sourcing events” — Spend Matters 2021.

EC Sourcing 52

EC Sourcing Optimal Sourcing Groups Sourcing 52

Talking Logistics

JULY 27, 2022

At a recent industry conference, a shipper asked me many questions about transportation procurement, such as, “How do you best determine how long and how often to have transportation sourcing events?” Read more Why Benchmarking is the First Step to a Successful Freight Procurement Event. The good news.

Benchmarking 191

Benchmarking Procurement Freight Conference 191

Logistics Viewpoints

MARCH 27, 2023

In consumer goods industries, better forecasting leads to lower fines from retailers for late or incomplete deliveries. It is important to benchmark forecast accuracy and similar supply chain metrics against your peers. Other external data, like industry data or economic data, is used for other types of forecasts.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

The Logistics of Logistics

OCTOBER 1, 2022

Andrew Semisch and Joe Lynch discuss smart freight sourcing, which starts with an RFP tool purpose built for freight sourcing. Transforming the $800 billion freight industry, Emerge empowers meaningful logistics relationships through its award-winning Freight Procurement Platform. Key Takeaways: Smart Freight Sourcing.

Sourcing 217

Sourcing Logistics Network Optimization Software Freight Supply Chain Network Software 217

Supply Chain Brain

AUGUST 21, 2020

Now in its ninth year, E2open’s 2019 Forecasting and Inventory Benchmark Study is the most consistent, comprehensive and useful study of its kind. What’s more, the data from this study doesn’t come from surveys and questionnaires, it is sourced from real data from E2open’s diverse customer base.

Forecasting 40

Forecasting Benchmarking Study Inventory Reduction 40

Supply Chain Shaman

APRIL 27, 2022

To calculate the benefits of the potential value of implementing a planning system, I benchmarked companies to their respective peer groups. My failure was three-fold: In this analysis, I never benchmarked companies to the industry averages. I had no idea of the volatility in each of the industry sectors (as shown in figure 2).

Procurement Analytics 332

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 332

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

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. Regular review and report on service providers’ performance against these benchmarks.,

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

The Logistics of Logistics

DECEMBER 5, 2022

Brad brings it all to the table from characterizing Emerge’s brand and culture, presenting Emerge’s value proposition to the industry, and determining pivotal insights to enhance customer experience. Emerge launches Benchmarking. Smart Freight Sourcing with Andy Semisch. Brad’s higher education includes a B.S.

Supply Chain Network Software 210

Supply Chain Network Software Logistics Network Optimization Software Sourcing Strategies Modeling Software 210

DELMIA Quintiq

MARCH 4, 2021

Viterra , formally Glencore Agriculture, a global leader in the sourcing, handling, processing and marketing of agricultural commodities and products, has started a global digital transformation program to improve and accelerate its business decisions.

Optimal Sourcing 296

Optimal Sourcing Supply Chain Planning Software Scenario Planning Global 296

Unleashed

JULY 25, 2021

From reducing the quantity of on hand foodstuffs to JIT inventory control – or less food delivered more frequently – optimising inventory control assists businesses to better manage food waste and reduce it at the source. Industrial food waste management. Food waste management has become a key priority for many food industry SMEs.

Waste Reduction 98

Waste Reduction Food Inventory Reduction Material Savings 98

The Logistics & Supply Chain Management Society

MARCH 14, 2023

What tools we can use to benchmark ocean freight and carriers’ service reliability? Types of Ocean Freight Contract POSSIBLE TOOLS FOR BENCHMARKING RATES Like in any industry, we gather market Intelligence through our own network. This network could be customers, other shippers and also carriers, and 3PLs.

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

Logistics Bureau

FEBRUARY 13, 2018

He joined Logistics Bureau Group back in 2009 and commenced by running the benchmarking business known as Benchmarking Success. Steven, you were a customer of Benchmarking Success with three different companies, most recently as Supply Chain Director with Ingram Micro, the world’s largest IT distributor. The rest is history.

Benchmarking 40

Benchmarking Thailand Asia Indonesia 40

ThroughPut

FEBRUARY 2, 2024

With Advanced Supply Chain Analytics : Advanced analytics can foresee such supply shortages by analyzing patterns, trends, and external factors, allowing the company to source alternative suppliers or adjust production schedules in advance. This includes data from suppliers, production facilities, logistics services, and customer feedback.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

The Logistics of Logistics

MAY 24, 2021

Brad is an experienced enterprise SaaS sales leader working in the logistics and supply chain industry. SaaS product, SONAR, is the leading freight market analytics tool and dashboard, aggregating billions of data points from hundreds of sources to provide the fastest data in the transportation and logistics sector. About Brad Guinane.

Cost Reduction Strategies 130

Cost Reduction Strategies Analytics Software Forecasting Software Logistics Network Optimization Software 130

Logistics Viewpoints

APRIL 1, 2021

Building optionality in the supply chain through collaborative sourcing: Supply chain teams can proactively identify choke points within the existing network by leveraging emerging technologies such as digital twins and advanced analytics, and modeling their end-to-end supply chains. This can in turn benefit Tier 2 suppliers and beyond.

Optimal Sourcing 188

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 188

Logistics Viewpoints

JUNE 30, 2021

Because of the pandemic, risk management surrounding sourcing has become top of mind in supply chain organizations. APQC has conducted benchmarking and best practices research on supplier risk management. APQC is a nonprofit organization focused on benchmarking, best practices, performance improvement, and knowledge management.

Risk Management 226

Risk Management Scenario Planning Supply Chain Planning Software Supply Chain Disruption 226

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

Source: Sea-Intelligence Source: Sea-Intelligence The number of blank sailings are at the lowest we have seen since the pandemic started. Although 2023 first half reliability has been improving to around 65%, the lead time variability is still high compared to other modes of transportation, and still below pre-pandemic levels.

Rail Software 244

Rail Software Real-time Visibility Supply Chain Planning Software Predictive Analytics Software 244

ivalua

FEBRUARY 27, 2023

Manufacturers have unique insight into the state of global inflation – they’re often hit earlier and harder than other industries by increasing overhead costs, from raw materials prices to wages. Ivalua provides a comprehensive set of integrated solutions that span the entire Source-to-Pay lifecycle. last June to 6.5%

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Procurement Solutions Purchasing Skills 130

DELMIA Quintiq

MAY 17, 2023

Many of Earth’s scarce resources are consumed by industrial processes and transport – which are the building blocks of today’s supply chains. According to the IPCC, about one-third of the global CO2 emissions are linked to industry, and 15% to transport – together this is almost half of the total CO2 emissions.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Scenario Planning Sustainability 156

Supply Chain Game Changer

JULY 3, 2019

Sustainability is created at the source of our products, services, and consumption. Sustainability is created from Responsible Sourcing. How can you make Responsible Sourcing a Reality? If you can excite the people around you about sourcing responsibly, chances are you’ll be able to formulate a network of internal champions.

Sourcing Strategies 58

Sourcing Strategies Purchasing Skills Sourcing Sustainability 58

Supply Chain Shaman

JUNE 21, 2023

Due to travel restrictions, I cannot attend many industry events, so I observe from home, watching webinars and remote broadcasts. ” I believe that the industry is stuck. With more than forty-five years of experience in the industry, I struggle with the lack of progress and the current level of Groupthink. The reason?

Gartner 346

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 346

Resilinc

JANUARY 31, 2024

Diversify your supplier base Single sourcing presents a huge risk for companies in all industries, especially as geopolitical disruptions are on the rise. million —with the most impacted industries being Healthcare, Life Sciences, High-Tech, SaaS, and General Manufacturing, according to Resilinc data.

Supply Chain Risk Management 111

Supply Chain Risk Management Supply Chain Planning Software Risk Management Material Savings 111

Supply Chain Shaman

NOVEMBER 10, 2013

This week I interviewed Robert Byrne, Founder of Terra Technology , on the results of their fourth benchmarking study on forecasting excellence. The work done by Terra Technology, in my opinion, is one of two accurate sources of benchmark data on forecasting in the industry. The other is Chainalytics demand benchmarking.

Supply and Demand 228

Supply and Demand Forecasting Forecasting Software Modeling Software 228

ToolsGroup

APRIL 1, 2022

While the industry continues to be rocked by world events, uncertainty has become the new normal. But, before we dig into the data – let’s start on a positive note: Supply Chain Statistics Show Challenges, but the Industry Remains Resilient. Source: Consultancy.UK. Image source: Fortune. Consultancy UK). AlixPartners).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Supply Chain Shaman

SEPTEMBER 24, 2017

In manufacturing-based companies, 70-80% of costs are in the processes of source, make and deliver. While the practices of finance are over 200 years old, in contrast, supply chain as a cross-functional practice (the combination of make, source and deliver) was recently defined in 1982. Is talent a cost or an asset? Talent Gaps.

Cost Reduction Strategies 195

Cost Reduction Strategies Inventory Reduction Resource Reduction Manufacturing Procurement 195

ToolsGroup

JULY 6, 2023

It’s why our team and our solutions have earned the recognition of so many industry experts. Thank you to our customers and partners from across the supply chain industry! Microsoft also awarded ToolsGroup a Digital Transformation Champ Award for the category Cloud for Industries.

ToolsGroup 295

ToolsGroup Supply Chain Planning Software Supply Chain Planning Optimal Sourcing 295

Supply Chain Shaman

SEPTEMBER 1, 2019

I handpick each of the speakers and work with industry leaders to develop content. The analysis is designed to provide Industry benchmarks by peer group and to celebrate the success of 23 companies out of 28 peer groups. The greatest gap in sourcing talent is in deep analytic skills. These themes are not new.

Supply Chain Software 230

Supply Chain Software Supply Chain Design Software Analytics Software Buyer Training 230

Requis

OCTOBER 30, 2020

Sourcing has probably been the biggest thing over the last decade or two, coupled with that reduction in local manufacturing of course. Sourcing is now predominantly overseas: China is one of the big sourcing countries of course, along with India, Pakistan and Bangladesh, Vietnam and Thailand. I have to confess that I don’t.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

Talking Logistics

MAY 9, 2019

Depending on your industry sector, transportation and logistics costs (as a percentage of sales) may range up to 14% or even higher for companies with an inefficient or outdated logistics set-up. What are your supply chain, sourcing, visibility, and transparency challenges? Are you looking for growth into other markets and continents?

Optimal Sourcing 125

Optimal Sourcing Supply Chain Software Supply Chain Optimization Logistics Network Optimization Software 125

Logistics Bureau

FEBRUARY 6, 2023

3: Using Overcomplicated KPIs In our work with clients, we often come across KPIs that combine data from several sources and employ complex calculations. You may have completed the project without external assistance or engaged a supply chain consulting firm like ours that provides benchmarking and KPI services to assist you.

KPI 83

KPI Supply Chain Strategy Supply Chain Software Supply Chain Design Software 83

Pivot88

NOVEMBER 30, 2023

Each quarter, our parent company TradeBeyond publishes its comprehensive Retail Sourcing Report , which is filled with timely research, facts, and analysis to help brands and retailers make the most informed sourcing decisions.

Supply Chain Design Software 52

Supply Chain Design Software Retail Resource Reduction Manufacturing Procurement 52