QAD

MARCH 31, 2020

Inevitably, the procurement process is complex and challenging to manage. Machines can’t be built and shipped without having the right parts in inventory , but at the same time, keeping parts on the shelf consumes space and cash. Procurement System Improvement Goals. Streamlined Component Procurement.

Manufacturing Procurement 118

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement 118

MercuryGate

JUNE 24, 2021

Procurement and shipping managers are collaborating with TMS and other platforms to increase productivity and profitability. The post Supply Chain Optimization | How Procurement & Shipping Managers Are Collaborating With TMS to Optimize Freight Flows appeared first on MercuryGate International.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Supply Chain Optimization Price Mitigation Strategies 52

Freightos

FEBRUARY 28, 2024

Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. The interesting shift here, though, is that there’s a whole world of alternative shipping routes. For a full shipping container, that results in a full $3,804 of savings, or a 17% savings.

Los Angeles 156

Los Angeles Negotiating Skills Cost Reduction Strategies Price Reduction 156

Freightos

JANUARY 15, 2024

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. In fact, the hard reality is that looking back over the past decade, supply chains have been disrupted by shipping bankruptcies, wars, pandemics, geopolitics and tariffs.

Negotiating Skills 292

Negotiating Skills Optimal Sourcing Price Reduction Vendor Strategies 292

NC State SCRC

JULY 17, 2017

Xenata just posted their list of the “ Top 24 Best Supply Chain Blogs “, which provides some great resources available to readers. Supply Chain Education and Procurement Capabilities – Supply Chain View from the Field. ” or even better “What is that exactly”? Lots to keep you busy!

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 0

Freightos

JANUARY 3, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. The US has indicated that the naval force will use a defensive strategy to secure the waterway, while the Houthis have threatened to attack US Navy ships if Houthi positions in Yemen are targeted.

Shipping 306

Shipping Negotiating Skills Asia Yemen 306

Supply Chain Game Changer

SEPTEMBER 9, 2020

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. It demonstrates the advantages of working with a digital procurement strategy. Important Digital Procurement Trends.

Optimal Sourcing 58

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Procurement 58

GlobalTranz

FEBRUARY 19, 2016

As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. By the mid-1950s , procurement had become a commonplace aspect of minor business, and procurement was almost comparable to secretarial work. Why Is Technology Driving Procurement Trends and the Role of Procurement?

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement Solutions 120

Supply Chain Shaman

FEBRUARY 18, 2021

I am currently working on a couple of case studies for this blog on how business leaders used digital twin modeling during the pandemic. Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 278

Supply Chain Shaman

SEPTEMBER 27, 2021

Today, more than 1% of the world’s container ships are stuck off major ports. Warehouses are full–often with the wrong stuff resulting in the slowing of the forty million shipping containers around the world. Until then, join us for our monthly networking calls, books/reports , podcasts, and blog posts.

Supply Chain Planning Software 321

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 321

Supply Chain Matters

OCTOBER 1, 2022

Supply Chain Matters highlights an added admission, this time from a shipping industry senior executive, indicating that the period of windfall profits among global shipping players is coming to an end. . We neglected to mention another observation that came from the CFO of influential global container shipping conglomerate Maersk.

Shipping 52

Shipping Optimal Sourcing Logistics Network Optimization Software Supply Chain Optimization 52

GlobalTranz

NOVEMBER 29, 2016

Editor's Note: Today's blog is the second part of Chuck Intrieri's series on how procurement and suppliers can avoid issues with their contracts. Procurement and suppliers often assume that small print is highly complicated legal jargon that is both boring and largely irrelevant. How to Begin Your Terms.

Procurement Analytics 120

Procurement Analytics Manufacturing Procurement Procurement How To 120

GlobalTranz

NOVEMBER 30, 2021

doesn’t require a fast-paced delivery, such as next-day or two-day shipping, it might be eligible for freight consolidation within zone skipping, which lowers its total shipping cost. process of finding the best way to oversee pickups, drop-offs, and changing schedules as shipping needs evolve over time. a shipment?doesn’t

Optimal Sourcing 221

Optimal Sourcing Rail Software Transportation Sourcing Strategies 221

Talking Logistics

MAY 3, 2017

Robinson , shares four factors logistics executives should keep top of mind as they develop an overall strategy for negotiating with ocean shipping providers this year. The 2017-18 ocean shipping contract season is underway. The bankruptcy of the Hanjin shipping line has thrown ports and retailers around the world into confusion.

Negotiating Skills 0

Negotiating Skills Shipping Price Reduction Cost Reduction Strategies 0

GlobalTranz

AUGUST 18, 2021

Focus on Carrier Procurement and Management. Since a transportation management services provider’s whole business is transportation, any selection process must also focus on what that entity does to procure and manage its carriers. Always Turn to the Data to See Expectations for ROI and Value.

Logistics Network Optimization Software 309

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Optimization Software 309

GlobalTranz

NOVEMBER 28, 2016

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.". The Seller went forward and manufactured and shipped the two piping units, accompanied by an invoice.

Negotiate Pricing 120

Negotiate Pricing Manufacturing Procurement Optimal Sourcing Purchasing Skills 120

Supply Chain Matters

NOVEMBER 7, 2023

Supply Chain Matters provides highlights of the realities of higher number of vessels among global ocean container shipping lines meeting contracting shipping demand levels that are now leading to headcount and schedule reductions. Background Ocean container shipping and logistics are the lifeblood of global supply chain movements.

Cost Reduction Strategies 59

Cost Reduction Strategies Global Industry Industrial 59

CHAINalytics

AUGUST 11, 2022

Frequent Freightvine podcast guest and Chainalytics’ VP of Transportation Kevin Zweier once again joins DAT’s Chief Scientist Chris Caplice to discuss the current state of transportation procurement. What does it take to build a resilient transportation portfolio? Which COVID-era measures will shippers continue to carry forward?

Security 125

Security Transportation Procurement Shipping 125

Resilinc

APRIL 17, 2024

While it may seem smart to simplify procurement and lower costs, single sourcing can actually expose businesses to risks that can jeopardize their operations and bottom line. In this blog, we investigate the intricacies of single sourcing in supply chain management and shed light on the hidden dangers.

Sourcing Strategies 101

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Negotiate Pricing 101

SCMDOJO

MARCH 19, 2024

In essence, a structured supply chain department as described in the blog can help you deliver the right supply chain strategy and goals which helps cost reduction, improve customer service, on-time delivery, and better working capital. Watch What is Marketing Procurement? on our SCMDOJO YouTube Channel!

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

QAD

FEBRUARY 20, 2024

The Causes of Stock Loss Sources of stock loss can include: Incorrect part movement Scrap with parts being dropped and damaged Shipping inaccuracy from warehouses and suppliers Manual mistakes in the processes Supplier performance Inaccurate forecasting Split shipments can also cause issues. Many avoidable examples are process related.

Manufacturing Procurement 96

Manufacturing Procurement How To Material Savings Supply Chain Design Software 96

EC Sourcing Group

MAY 28, 2020

What Are the Goals of Procurement Management? The goals of procurement management are generally to acquire goods and services with the highest quality at the lowest cost to create an end product. Finding Your Own Goals in Procurement. Goals of Procurement Management: Vendor Management. Minimize risk. Lower costs.

Procurement Analytics 52

Procurement Analytics Procurement Solutions Purchasing Skills Procurement 52

TMC

SEPTEMBER 19, 2018

Often at the top of the list is the need for streamlined shipping processes and visibility to all transportation activities in one technology platform. Procuring a TMS starts with an investigative process. Have a centralized corporate procurement function in place to build consistency, structure, and common practices.

Optimal Sourcing 48

Optimal Sourcing Procurement Solutions Procurement Supply Chain Planning Software 48

TMC

SEPTEMBER 19, 2018

Often at the top of the list is the need for streamlined shipping processes and visibility to all transportation activities in one technology platform. Procuring a TMS starts with an investigative process. Have a centralized corporate procurement function in place to build consistency, structure, and common practices.

Optimal Sourcing 48

Optimal Sourcing Procurement Solutions Procurement Supply Chain Planning Software 48

ProcurePort

NOVEMBER 17, 2021

Ongoing supply chain and procurement disruptions are expected to impact this year’s Thanksgiving celebrations, with manufacturers facing a shortage of ingredients and packaging materials to ship products. Shippers are paying record-high prices to ship merchandise – even $5/mile on some lanes.

Supply Chain Disruption 52

Supply Chain Disruption Manufacturing Procurement How To Supply Chain 52

GlobalTranz

OCTOBER 6, 2021

Th is blog post covers the critical ways strategic partnerships can help supply chain managers achieve optimal OTR management for their freight. Outdated methods of tendering, capacity procurement and freight management no longer work for today’s high-pressure and technologically driven market. Carrier Vetting for OTR Freight .

Prescriptive Analytics Software 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216

ProcurePort

FEBRUARY 1, 2022

This information is recorded through applications that aid inventory management, warehouse management, shipping, and procurement. The post Supply Chain Analytics: What It Is & Why It Matters appeared first on ProcurePort Blog. Analysis of data from one activity, such […].

Analytics Software 52

Analytics Software Analytics Supply Chain Inventory Management Software 52

Supply Chain Matters

NOVEMBER 14, 2023

The Supply Chain Matters blog provides our latest news capsule edition follow-up relative to updating our readers to prior industry supply chain management developments that we have shared on this blog. based automakers Ford Motor , General Motors and Stellantis , that the implications would ripple across the industry.

Supply Chain Design Software 52

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

QAD

OCTOBER 26, 2023

Not only do they expect items in a timely fashion (like 1-2 or even same-day shipping thanks to the Amazon Effect), but customers also demand visibility. Technology Can Help In high volume shipping environments, technology is crucial to improve smooth long term operations. What carriers are needed? What supporting technology is needed?

Supply Chain Disruption 94

Supply Chain Disruption Supply Chain Software Supply Chain Strategy Modeling 94

SYSPRO Smarter ERP

OCTOBER 9, 2023

Understanding material costing requires information about procurement activities and how long materials linger in inventory before they are used to generate revenue. Quality has to be controlled in three areas: as materials arrive, as products are created on the shop floor, and before the final product is shipped to a customer.

Manufacturing Procurement 111

Manufacturing Procurement Cost Reduction Strategies Purchasing Skills Quality 111

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

QAD

MAY 23, 2023

It’s easy to forget about where materials come from when you’re holding a product in your hand or looking for a supplier that can offer a great deal and reliable shipping, but many of those items come with ESG implications. Compliance appears to be a significantly larger driver for sustainable procurement than ethics or consumer demand.

Procurement Solutions 94

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 94

Supply Chain Matters

SEPTEMBER 4, 2023

On this Labor Day holiday, the Supply Chain Matters blog extends our salute and recognition to the many supply chain workers who plan, procure, coordinate, and directly support the movement of multi-industry components and finished products to respective markets and to businesses and consumers. All rights reserved.

Supply Chain Planning 52

Supply Chain Planning Supply Chain Scenario Planning United States 52

SYSPRO Smarter ERP

MARCH 31, 2022

Just about every supply chain will be affected by this crisis, for example, with fuel prices surging although there is no shortage yet, there’s risk in supply and shipping routes being cancelled or diverted. The post How manufacturers can respond to supply chain disruptions appeared first on SYSPRO Blog. Supply chain challenges.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Disruption Supply Chain Design Software Supply Chain Planning Software 105

Supply Chain Matters

SEPTEMBER 26, 2023

A Wall Street Journal published report on this situation (Paid subscription) indicates that in previous Covid vaccine rollouts, vaccine makers such as Pfizer and Moderna shipped needed doses directly to designated vaccination centers. Moderna reportedly has shipped millions of doses to support vaccine administration needs as wel l.

Distribution 52

Distribution Pharmaceutical Supply Chain Design Software Supply Chain Design 52

TMC

AUGUST 23, 2017

As companies expand globally through mergers or organic growth, many are faced with the decision whether to combine logistics teams and apply a universal truckload procurement strategy across multiple regions. To obtain the most effective results, best practice requires adaptations to truckload procurement strategies. In the U.S.,

Optimal Sourcing 54

Optimal Sourcing Procurement Transportation Negotiating Skills 54

Resilinc

FEBRUARY 5, 2024

In this blog, we break down the basics of enterprise risk management. On the surface, SCRM focuses on mitigating risks specifically related to procurement, while ERM is a larger framework that focuses on managing risks across the entire organization. In 2022, the U.S. market size for risk management was valued at $0.44 billion by 2032.

Risk Management 98

Risk Management Supply Chain Planning Software Supply Chain Software Supply Chain Strategy 98