Precoro

SEPTEMBER 6, 2021

As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Understanding their distinction can help you ensure the coordination between the responsible teams and adopt the right strategies for improving both sourcing and procurement. Procurement. Contains fewer steps.

Optimal Sourcing 97

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 97

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

It serves as the compass guiding shippers toward efficient, economical, and dependable cargo transport. By crafting a well-defined strategy, businesses can mitigate transportation costs, mitigate supply chain disruptions, and uphold customer satisfaction. At the heart of it all, an effective procurement strategy remains paramount.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

GlobalTranz

DECEMBER 29, 2015

We continue our series on the most read articles from the Cerasis blog for 2015 today by featuring any of the blogs in the transportation management or transportation categories. . Top 10 Most Read Transportation Management and Transportation Articles of 2015. We list them in order of the tenth most read to the most read.

Transportation Management 120

Transportation Management Transportation Cost Reduction Strategies Sourcing Strategies 120

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. Key Takeaways: Smart Freight Sourcing. In the podcast interview, Andrew and Joe discuss smart freight sourcing – which starts with an RFP tool purpose built for freight sourcing.

Sourcing 217

Sourcing Logistics Network Optimization Software Freight Supply Chain Network Software 217

Talking Logistics

SEPTEMBER 4, 2022

How do you best determine how long and how often to have transportation sourcing events? The good news is that companies today have greater access to real-time benchmarking data and market intelligence. Read more [Video] Why Benchmarking is the First Step to a Successful Freight Procurement Event.

Benchmarking 130

Benchmarking Video Procurement Freight 130

Talking Logistics

NOVEMBER 19, 2015

It can be a difficult choice to make; supply chains are not one-size-fits-all, and your transportation technology solutions shouldn’t be, either. It could be the “just right” fit a company is looking for, especially when considering large-scale changes to a transportation model.

Transportation Management 100

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

MIT Supply Chain

MARCH 2, 2021

Latin American countries have particular challenges related to truck transport. Truck transportation comprises 75% of all freight in Latin America. So for a company to be competitive in the region, it’s imperative that they know how to effectively navigate countries’ transportation markets.

Comparison 52

Comparison America Transportation Colombia 52

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

The Logistics of Logistics

MAY 24, 2021

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. FreightWaves provides the ability to benchmark, analyze, monitor & forecast the $9.6T

Cost Reduction Strategies 130

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

Logistics Viewpoints

JANUARY 16, 2023

APQC and the Digital Supply Chain Institute (DSCI) have conducted best practice and benchmarking research on MDM. APQC is a member-based nonprofit that conducts benchmarking, best practices, and performance improvement research. Achieving Data Mastery. They offer several tips.

Data 197

Data Supply Chain Planning Software Benchmarking Supply Chain Software 197

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. Low-Cost Country Sourcing. The post White Paper: Strategic Sourcing in the Aviation Industry – How to Increase and Accelerate Savings appeared first on Bristlecone.

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Purchasing Skills Sourcing Strategies 52

Intelligent Audit

DECEMBER 22, 2020

The key to better logistics is a streamlined system that utilizes business intelligence and processes that yield transportation optimization. Now, enterprises worldwide are turning the tables and looking for ways to enable continuous transportation optimization using a combination of technology and expert provided solutions.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Analytics Software Supply Chain Software 52

Talking Logistics

MARCH 24, 2015

This time of year, many shippers are reviewing and updating their transportation plan for the back half of the year and many will be considering issuing RFPs for new or changed capacity needs. So, first and foremost, communicate the potential impact of changing transportation plans to your leadership team.

Expense Reduction 100

Expense Reduction Price Reduction Transportation Cost Reduction Strategies 100

ivalua

JULY 13, 2022

Buyers are expected to scrutinize every aspect of the purchasing process to identify ways to reduce their carbon footprint, source sustainable materials, and promote diversity. As the sourcing function evolves, digital procurement technologies have become crucial tools for buyers to capture and report their sustainability achievements.

Procurement Solutions 130

Procurement Solutions Supply Chain Planning Software Optimization Software Optimal Sourcing 130

Stord

AUGUST 5, 2020

Freight transportation is the culprit that makes up a vast majority of air pollutants and emissions in the US. Freight transportation is often a huge part of indirect emissions that go un-tracked. As a shipper, this data is necessary to develop industry benchmarks for carbon footprint.

Waste Reduction 78

Waste Reduction Supply Chain Design Software Inventory Reduction Cost Reduction Strategies 78

GlobalTranz

MARCH 24, 2015

Editor’s Note: This post is a slightly modified guest post from Ahern & Associates , a transportation management consultancy. Without understanding true costs and using benchmarks as just that – benchmarks – carriers and shippers will struggle to effectively analyze and reduce their costs. Specialized – $1.73

Benchmarking 120

Benchmarking Purchasing Skills Analysis Cost Reduction Strategies 120

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

ToolsGroup

OCTOBER 11, 2017

Use benchmarking to identify gaps and opportunities in demand forecast capabilities - Gartner says that you can make your business case more compelling by demonstrating the gains others have won through demand planning improvements. 2% reduction in transportation costs (percent of sales).

Forecasting 180

Forecasting Supply and Demand Forecasting Software Optimal Sourcing 180

Supply Chain Network

AUGUST 6, 2012

According to the latest American Shipper benchmark survey, transportation spending increased in 2012 – according to 75 percent of respondents – remaining unscathed by budget cuts. Shockingly, though, companies are failing to invest in the necessary procurement tools to manage spend and optimize their transportation networks.

Optimal Sourcing 92

Optimal Sourcing Procurement Solutions Supply Chain Planning Software Procurement Analytics 92

SCMDOJO

MARCH 19, 2024

This data can be used to identify areas for improvement and make informed decisions about sourcing, production, and distribution. Procurement Procurement involves sourcing and acquiring the materials or products needed for production. Logistics Logistics involves managing the transportation and delivery of goods. Grab yours now!

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

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

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

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.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

Supply Chain Shaman

NOVEMBER 9, 2014

The team was organized around the functional silos of source, make and deliver. When we started benchmarking companies, Deborah and I had a friendly wager. Deborah and I benchmarked 97 supply chains; and, we found the inverse to be true. It had been this way for over two decades. I was asked to be an agent of change.

Manufacturing Procurement 285

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 285

Supply Chain Collaborator

AUGUST 13, 2015

191 qualified global logistics practitioners were surveyed in 2015 by American Shipper magazine for their seventh annual benchmark study of transportation management. However, here is a distillation of the best practices for approaching transportation and logistics IT initiatives provided at the conclusion of the report.

Transportation Management 60

Transportation Management Logistics Network Optimization Software Optimal Sourcing Network Design Software 60

Freight Plus

SEPTEMBER 20, 2018

Land and ocean carrier consolidation, warehouse automation, shifting sourcing structures, and digital supply chain transformation all have a tremendous impact on the current state of the logistics industry. Transportation management firms are businesses that are dedicated entirely to your supply chain and logistics.

Negotiating Skills 40

Negotiating Skills Pricing Training Transportation Management Purchasing Training 40

Tompkins Blog

MARCH 13, 2014

RALEIGH, NC — Shippers and carriers this year can expect to see many new trends related to transportation, as well as a continuation of several critical challenges from 2013. Trends in the Transportation Industry , a report by Tompkins Supply Chain Consortium, pulls back the curtain on today’s hottest transportation issues.

Report 67

Report Transportation Raleigh Supply Chain Network Software 67

ToolsGroup

MARCH 17, 2021

Starting from pre-implementation we align on target key performance indicator (KPI) levels and benchmark progress to accelerate time to value. This award recognizes outstanding executives whose accomplishments offer a roadmap for other leaders looking to leverage supply chains for competitive advantage.

Optimal Sourcing 120

Optimal Sourcing Supply Chain Planning Software Demand Planning Software ToolsGroup 120

Logistics Viewpoints

FEBRUARY 9, 2021

The more users and the greater the usage, the richer the data set for benchmarking, analysis and, ultimately, insights to help organizations improve their KPIs. Diversity of sources (carriers + vendors + customers). Our strategy was to lead with shippers, then onboard their vast networks of carrier, broker and 3PL partners.

Supply Chain Network Software 194

Supply Chain Network Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 194

Proxima

JULY 3, 2023

Carbon as a cost of a product or service for example, can be calculated by determining the amount of carbon emissions released during the production, transportation, usage, and disposal of a product or service and then applying a cost of carbon to this (and perhaps any additional cross border taxes). Sounds simple, right?

Cost Reduction Strategies 52

Cost Reduction Strategies Resource Reduction Supply Chain Planning Software Supply Chain Design Software 52

Enterra Insights

OCTOBER 26, 2023

Companies can leverage social media to obtain consumer behavior analytics while also monitoring the industry, news and other sources that can indicate potential supply chain disruptions like the passing of a new regulation. 7] It should be clear that resiliency is built on a foundation of data.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Gartner 130

Supply Chain Matters

AUGUST 11, 2022

In our Part Two look back commentary , we observed efforts and activities by businesses directed at restoring more direct control of supply network materials sourcing. Mid-Year Global Transportation Assessment. The goal seems one of creating a fill-services door-to-door transportation and logistics services provider.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Planning Software Cost Reduction Strategies Supply Chain Strategy 52

CHAINalytics

AUGUST 18, 2017

By Venu Gadde | Senior Consultant, Transportation | Chainalytics A typical transportation sourcing process involves the following: a bid tool or platform which collects rates from suppliers, data exportation into Excel for supplier analysis and feedback, and finally, the Negotiation and Awarding stages.

Analytics Software 89

Analytics Software Supply Chain Network Software Sourcing Negotiating Skills 89

Supply Chain Matters

JUNE 28, 2022

Of all of our featured blog content in 2021, our most read blog was our March 2021 commentary: Zara Provides The Benchmark For Supply Chain Digital Transformation. . Further reported was the highest profitability performance in a decade in the midst of high inflation and disrupted global transportation and logistics networks.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Morocco Spain Apparel 52

Locus

DECEMBER 7, 2021

Presently, their major focus lies on local production, warehousing and strategic sourcing. Transportation: Trade routes blockage – Congestion at ports. This factor would vary with the mode of transportation we choose and also how optimized our routing is. Optimize sourcing decisions. Cyber attacks.

Supply Chain Disruption 52

Supply Chain Disruption Optimal Sourcing Modeling Supply Chain Planning Software 52

Freightos

DECEMBER 4, 2015

Click the button on the right to see our sources. SEE CALCULATION × Sources for Freight Emissions The following facts are from disparate sources, but tell a consistent story. North American estimates for freight transportation’s share of national emissions: 7.8% (US), 8% (Canada), 18% (Mexico).

Freight 120

Freight Cost Reduction Strategies Optimal Sourcing Nashville 120

The Logistics & Supply Chain Management Society

JULY 16, 2023

The halal trust assessment could be conducted for one brand, but can also be benchmarked with selected competing brands. This trend is also better known as the evolution of halal or when applied to an organisation: the corporate halal maturity.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130