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Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses.
The logistics and supply chain industry is a critical component of global trade, responsible for moving goods and materials efficiently to meet consumer and business demands. Businesses face heightened uncertainty in managing costs and securing stable energy supplies.
Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses.
Jack Fiedler, the vice president for digital transformation of the global supply chain at Lenovo Lenovo is ranked tenth by one leading analyst firm among a list of global companies with exceptional supply chains. I’ve not seen a company that does a better job of agile planning across an end-to-end, multi-tier supply chain.
During his tenure in the industry, he built innovative pricing and forecasting models, leveraging internal and external data sources to improve internal decision-making and increase profitability. He was named a Pro to Know in 2021 by Supply and Demand Chain Executive.
Today, in supply chain planning, this could not be further from reality. Employees Cannot Get to the Right Data at the Speed of Business A war is raging between Oracle, Salesforce and SAP to automate supply chains. Supply chain was defined in 1982 as interoperability between source, make and deliver.
Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. Strategic Sourcing: The Foundation of Effective Procurement Strategic sourcing is far more than simply choosing suppliers. Done well, it can become a key driver of competitive advantage.
No matter the focus, whether cost reduction and quality improvement, or supply chain optimization and resilience, procurement must have a concrete role in delivering outcomes that matter to the business. Centralizing data enables better sourcing decisions and improves collaboration across procurement, legal, and business other units.
No matter the focus, whether cost reduction and quality improvement, or supply chain optimization and resilience, procurement must have a concrete role in delivering outcomes that matter to the business. Centralizing data enables better sourcing decisions and improves collaboration across procurement, legal, and business other units.
Supply chains are the backbone of global trade that ensure the smooth movement of goods and materials across industries. One of the most effective strategies for building resilience is integrating project management into supply chain operations. A well-managed supply chain does not just survive crises it thrives in them.
AI is reshaping the way organizations source, manage suppliers, and drive value today. As supply chains become more interconnected and risks more dynamic, traditional procurement tools fall short. AI agents offer a smarter, faster way to manage sourcing, risk, and spend across the entire procurement lifecycle.
AI is reshaping the way organizations source, manage suppliers, and drive value today. As supply chains become more interconnected and risks more dynamic, traditional procurement tools fall short. AI agents offer a smarter, faster way to manage sourcing, risk, and spend across the entire procurement lifecycle.
The rise of AI technology combined with Source-to-Pay (S2P) digitization are becoming key allies for leading procurement teams in their quest for ever smarter workflows, improved insights, and data-based decision-making. Unlike inflation, which has historical benchmarks, the newly announced U.S.
” At that time, the sales organization used more point-of-sale data than their competitors, they had an impressive and innovative IT team, and their supply chain processes were what I considered best-in-class. The use of the supply chain as a functional organization within the organization to reduce costs. Why would I do this?
Unfortunately, outdated tools and fragmented processes make it difficult to maintain visibility across the supply chain and adapt at the pace of business. Digital procurement streamlines workflows and unifies data, enabling faster sourcing, better collaboration, and improved accuracy.
Uncertainty is a constant factor influencing supply chain operations. In response, many supply chain leaders consider pausing digital transformation initiatives to minimize risk. This lack of real time information causes slow reactions to supply chain issues, allowing minor problems to escalate quickly.
Home No More Black Swans: The Age of Supply Chain Uncertainty Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses. What’s become increasingly clear is that there are no more black swans in global logistics.
Oil and gas production is more than just an energy source—it is the backbone of modern industrial progress and global trade. In today’s competitive market, every drop of efficiency in extraction and logistics fuels innovation across supply chains, ensuring that products reach consumers faster and at lower costs.
Subscribe The Supply Chain Renaissance Has Begun! The supply chain industry faces a transformative era heading into 2025. If you want to know how these factors influence daily operations or redefine long-term strategies, read on for an insightful look at the future of supply chain management.
Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain. Improving and developing suppliers : With integrated supplier relationship management (SRM) capabilities in your business model, you can make great strides in supplier development.
In today’s fast-moving supply chain environment, data is as valuable as the freight itself. In this article, we explore why real-time visibility and accurate data are essential for optimizing transportation spend — and how verified, audit-backed data can unlock smarter planning, tighter cost control, and stronger carrier relationships.
Days at CPG companies are as varied as the products they create, the markets they serve, and the retailer partners they supply. Data-driven supply chain engine For supply chain teams, centralized retail data creates a real-time feedback loop, providing a stream of insights that fuel optimal responsiveness and efficiency.
Advanced technologies such as AI, automation, and predictive analytics are playing a pivotal role in optimizing procurement processes, enhancing transparency, and driving efficiency. Optimize Cost & Efficiency Automation eliminates manual bottlenecks, allowing for faster, more cost-effective procurement cycles.
Electric trucks glide silently along optimized delivery routes, significantly reducing fuel consumption and slashing carbon emissions. Regulatory Pressure: Growing demands for transparency and reporting due to regulatory requirements. Imagine a bustling logistics hubefficient, clean, and powered by renewable energy.
Lets take a look at which scenarios result in favorable and unfavorable PPV. Strategic Sourcing: Strategic sourcing involves managing suppliers, while their selection is done through Request for Quotation (RFQs) forms from multiple suppliers to compare and evaluate them based on pricing, quality, and delivery speed.
How forward-thinking CPG sales teams utilize AI-powered data foundations for the perfect pitch, leveraging real-time insights, seamless answers, and predictive modeling to keep sales expanding. Successful CPG growth today depends on becoming an indispensable retail partner.
A typical financial plan includes long-term and short-term objectives, strategies to reach them, and contingency plans for unexpected scenarios. An accurate sales forecast helps the team align inventory and production with customer demand. Finally, what is financial forecasting? 💡 Note!
With today’s growing cost pressures and increasingly complex supply chains , quick fixes no longer cut it. For example, instead of just buying pens when supplies run low, category managers ask: “What do we spend on office supplies company-wide?” It’s tactical and short-term.
Procurement categories are a grouping of materials or services that have similar supply and usage characteristics to meet business objectives. Category management is different from the “strategic sourcing process”. Category management is most definitely not about putting a new veneer on the strategic sourcing methodology.
Watch our on-demand webinar to discover how procurement can lead the way in ESG and decarbonization, and learn from experts about driving sustainability transformation across your supply chain. The EU Commission plans to set out country benchmarking for EUDR. So, a low threshold.
Rising costs, supply chain chaos, and economic swings put businesses under enormous pressure to protect their margins. Make no mistake: cost avoidance can make a significant difference in your long-term spending and prevent future financial risks, such as inflation or supply chain disruptions.
They need visibility across multiple internal systemslike ERP, CRM, and financial platformsand even external sources shared with suppliers, partners, and customers. Modern platforms pull data from a wide array of sources: ERPs, relational databases, Excel files, cloud apps, third-party providers, and beyond. Why does that matter?
Inventory management is the process of controlling, overseeing, and optimizing your company’s inventory to make sure you’re minimizing costs and meeting the demand of your customers. Inventory management sits at the core of an efficient, cost-effective supply chain. Optimize operations. Enhance customer satisfaction.
Supply Chain Digest Says. Click here to send us your comments Over the next five years, those leaders have top priorities around enhancing the customer experience with more service options, increasing automation and further digitalizing processes and offerings What is a supply executive to do?
Supply Chain Digest Says. Click here to send us your comments Aronow observes that many supply chain organizations are perpetually chasing their commercial partners to engage and improve the demand forecast. Aronow says to start by investing in organizational storytelling skills. What do you say?
Supply Chain Digest Says. Click here to send us your comments Just recently, Gartner itself did an interesting look at what supply chain execs were saying at the Orlando conference as well as a similar event in Europe. On sustainability, Gartner says that there was a notable difference between the North American and EMEA regions.
Or, we could look at the Gartner top 25 supply chains list. That famous ranking used to be released at a dinner the Gartner Supply Chain Executive Conference in May (now called the Supply Chain Symposium), but this year it was again released in a webinar a few weeks after the conference. Gilmore Says.
It also has huge implications across the GE global supply chain with regard to the management of their support and spare parts network. Just recently in Europe, such a business model has started, see here: [link] I am following with a lot of interest, how the business develops.
The on-going conflict creates risks to critical raw materials and the continued flow of finished goods, Garter says, requiring supply chains to conduct cost-benefit analyses of mitigation actions in partnership with finance leaders. Supply Chain Digest Says. Prepare CFOs for continued supply chain cost volatility 3.
Supply Chain Digest Says. It also has huge implications across the GE global supply chain with regard to the management of their support and spare parts network. Just recently in Europe, such a business model has started, see here: [link] I am following with a lot of interest, how the business develops. What do you say?
Supply Chain Digest Says. Drewry notes that transpacific rates from Asia to the US West Coast have been especially volatile in the last six months, in the context of tariff announcements and sudden changes in both capacity and demand. Good advice from Drewry. Any reaction to this Drewy news ?
Supply Chain Digest Says. It also has huge implications across the GE global supply chain with regard to the management of their support and spare parts network. Just recently in Europe, such a business model has started, see here: [link] I am following with a lot of interest, how the business develops.
What I failed to do in any of those three columns was mention what in some ways may have been the biggest to news items: the retirements of sorts of Gartner analyst Dwight Klappich and groundbreaking, inaugural Gartner analyst, and famous inventor of the Three V’s of Supply Chain, Art Mesher.
Click here to send us your comments January New that supply chain software provider Logility will be acquired by Aptean. April On what he calls Liberation Day, President Donald Trump publishes a wide schedule of tariffs on US imports from virtually every other country, creating supply chain chaos. What do you say?
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