The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Organisations that have successfully implemented RPA initiatives report cost savings of up to 80% and time savings of up to a staggering 40%. Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Purchase Order Management.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

crisp

SEPTEMBER 6, 2023

The article demystifies the complexities of scope 3 emissions reporting, offering key tips to stay ahead of regulatory changes and satisfy stakeholder demands. Until recently, reporting scope 3 emissions – which include indirect sources that organizations contribute to – has been optional. In 2010, the U.S. What are scope 3 emissions?

Procurement Analytics 52

Procurement Analytics Manufacturing Procurement Waste Reduction Supply Chain Design Software 52

Supply Chain Matters

JULY 18, 2022

We noted to readers that we would highlight and share what we deem as specific examples. Last week, project44 confirmed to logistics trade publication Freightwaves that the start-up tech provider has cut upwards of 5 percent of its workforce, amounting to a reported 63 employees. Project44 Workforce Restructure. Further, $12.7

Supply Chain Planning Software 52

Supply Chain Planning Software Logistics Network Optimization Software Predictive Analytics Software Procurement Analytics 52

crisp

OCTOBER 3, 2023

Inflation and economic uncertainty loom large , directly influencing consumer purchasing behavior. Consumers are undoubtedly becoming more cost-conscious , but how can businesses leverage this shift to their advantage? However, challenges still exist, especially in domestic transportation.

Waste Reduction 52

Waste Reduction Inventory Reduction Vendor Strategies Resource Reduction 52

Talking Logistics

NOVEMBER 10, 2014

Ralf Kahre and Patrick Gött began their presentation with an overview of BASF’s Business Process Management (BPM) Operating Model, and then discussed how they applied the model to improve the Purchase-to-Pay (P2P) process. Time Slot Booking/Optimization (aka “Dock Appointment Scheduling”) Delivers Cost and Productivity Savings.

Optimal Sourcing 171

Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software Optimization Software 171

SCMDOJO

FEBRUARY 29, 2024

The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? Where do I begin?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Supply Chain Shaman

JANUARY 21, 2014

In companies, there is no standard model for demand processes. New forms of analytics make new capabilities possible. <In fact, so much so that I wrote a book about it.> Let’s start with these: Demand Sensing: The reduction of time to sense purchase and channel takeaway. It is evolving. Independent Demand.

Supply and Demand 323

Supply and Demand Modeling Demand Planning Software Forecasting 323

Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. Alternatively, you can procure access to a digital freight benchmarking platform.

Benchmarking 68

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 68

MIT Supply Chain

NOVEMBER 13, 2023

Common interests My 2014 post noted how the profession has evolved beyond its transportation/ warehousing roots to become a strategic resource. One example is sustainability. For example, graying populations will create more demand for home-based services, requiring companies to develop supply chains that extend into the home.

Supply Chain Planning Software 97

Supply Chain Planning Software Modeling Purchasing Skills Supply Chain Software 97

Talking Logistics

JULY 19, 2018

Demand for these solutions, from both shippers and brokers, continues to grow because companies want to identify and implement better ways to plan and execute their transportation and logistics operations, which is what ultimately delivers value. Book a carrier faster and with fewer phone calls.

Real-time Visibility 101

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Enterra Insights

JUNE 25, 2021

For example, overall retail sales in April rose by 51.2% ”[2] Both Brown and Miller base their predictions on the U.S. Census Bureau’s March retail trade report, which predicted a booming holiday season. Booking capacity as early as possible is a good idea. year-over-year. Even the U.S. ” 2.

Supply Chain Planning Software 130

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Supply Chain Shaman

OCTOBER 8, 2019

The budget is for a fiscal year with quarter reporting and updates. The direct connection between the two processes increases costs and increases error. Instead, it should be mapped as an input to track supply chain forecasting to financial budgets for reporting and insights. Let’s take an example. Apparel is an example.

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

Supply Chain Shaman

AUGUST 16, 2015

On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. Based on reporting from the Wall Street Journal, the company hired Morgan Stanley to shop the company and package it for sale in 2014 with an expected evaluation of 800M$. The largest was the purchase of Lawson in 2011 for 2B$. It is clear.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

ToolsGroup

FEBRUARY 7, 2022

Love it or hate it, daily necessities need to be purchased. When looking at global online sales, Salesforce reports 57% digital growth in 2020, and 16% growth in 2021, with eMarketer data predicting a continued increase through 2025. eCommerce Purchases and “The New Normal” Retail Categories. Take Burlington, for example.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

MIT Supply Chain

FEBRUARY 3, 2022

For example, a Just Transition Declaration was signed by 16 governments in October 2020 at the COP26 conference in Glasgow, Scotland. If this prediction turns out to be true, what are the implications for supply chain sustainability? We’ve seen this movie before,” he says, notably with the “net zero” idea.

Sustainability 52

Sustainability Supply Chain Software Supply Chain Purchasing Skills 52

Logistics Bureau

APRIL 3, 2023

So, for example, outsourcing sales activity is not typically a good idea if yours is a retail sales company. For example, US-based companies may be quite fortunate if they have access to manufacturers right on their doorstep in Mexico, a country with far lower labour costs than the rest of North America.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

Enterra Insights

JUNE 24, 2022

This gives a business constant access to up-to-date data, allowing it to quickly calculate meaningful metrics like inventory turn, value of inventory on-hand or sales per week by item.” At a grocery store, for example, the worker doesn’t have to know the codes for popular items to be productive.” Footnotes. [1]

Supply Chain Design Software 130

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 130

GlobalTranz

MARCH 17, 2016

Purchasing and supply executives predict that the global manufacturing industry will continue to expand. Predictive Data Analytics. Chinese executives see predictive analytics as the key to competing with U.S. Chinese executives see predictive analytics as the key to competing with U.S.

Manufacturing Procurement 120

Manufacturing Procurement Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 120

EazyStock

JUNE 16, 2022

For example, navigation apps, facial recognition, smart assistants, and even robot vacuum cleaners at home use this smart tech. For supply chain management, this could include generating demand forecasts to ensure stock availability or mapping transportation routes to prevent idle time and reduce fuel consumption.

Modeling 52

Modeling Supply Chain Software Forecasting Software Supply Chain Optimization 52

Supply Chain Matters

JULY 13, 2022

This week provides a prime example, with the announcement from global retailer Walmart newly announced deal with EV delivery van start-up, Canoo. According to reporting from Bloomberg , the deal provides a literal lifeline to this start-up. Bloomberg has additionally provided reporting that this deal comes with strings.

Supply Chain Design Software 52

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Talking Logistics

OCTOBER 15, 2018

Especially since many retailers have already purchased and shipped their goods ahead of the looming tariff changes. Recent industry reports detail the plight of retailers who aren’t utilizing agile inventory management to their best advantage.

Inventory Management Software 101

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 101

Logistics Bureau

SEPTEMBER 21, 2020

In logistics and supply chain management, however, transport and warehousing are the most significant sharing processes thanks to a welter of economic benefits for all parties—and the trend is accelerating despite the dampening effect of the COVID-19 pandemic. Example #2: Airtasker. Example #2: Airtasker.

Supply Chain Design Software 84

Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics Software Demand Planning Software 84

Enterra Insights

MAY 31, 2019

” The quote finds its origins in Sir Francis Bacon’s book Meditationes Sacrae , which was published in 1597. “Facebook was still competing with MySpace for traffic,” he writes, “Amazon was primarily known for selling books, and the iPhone was just released. For example, do they desire same-day delivery?

Price Reduction 100

Price Reduction Cost Reduction Strategies Sourcing Strategies Omnichannel 100

BlueYonder

JULY 28, 2022

This insight comes from the 2022 State of Supply Chain Sustainability Report , presented by the MIT Center for Transportation & Logistics (MIT CTL) and the Council of Supply Chain Management Professionals (CSCMP), sponsored by Avetta, Blue Yonder, C.H. This is the third year of the annual report. Key Themes.

Sustainability 52

Sustainability Material Savings Optimal Sourcing Sourcing Strategies 52

Zipline Logistics

JANUARY 24, 2020

Delivering on-time and in-full is essential to success and a metric used by retailers when evaluating partnerships with vendors of all sizes. But first, let’s look at the background of OTIF metrics and why they came to be. If unable to find a product in store, consumers are quick to turn their attention online and purchase goods there.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Inventory Reduction How To 52

Freightos

FEBRUARY 16, 2020

Highway and transportation closures, and mandatory 14-day quarantines for people returning home from strongly affected areas, mean that even in places no longer shut down, the return to normal at factories and ports will be slow. . To date some provinces, cities and companies may not approve a return to work until the beginning of March.

Purchasing Skills 177

Purchasing Skills Supply Chain Software Price Reduction Manufacturing Procurement 177

NC State SCRC

NOVEMBER 6, 2021

However, not every supply chain and procurement decision fits neatly into this category. In fact, Tom Linton notes that when he was the CSCO at Flex, he required all purchasing managers to slash their supplier lead times, as well as their planned internal assembly time.

Purchasing Training 52

Purchasing Training Supply Chain Planning Software Supply Chain Planning Negotiating Skills 52

Talking Logistics

JULY 7, 2017

Wolters Kluwer Transport Services is acquired by Castik Capital. I’m guessing the researchers didn’t came across many examples of supply chain disruptions caused by cyberattacks in 2005, but based on the recent WannaCry and Petya cyberattacks, their findings seem to hold true today. ACT Research: N.A. Source: Walmart.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Planning Software Japan Purchasing Skills 0

Supply Chain Management and Analytics

JANUARY 3, 2020

The supply chain world is just discovering the digital twin concept and we are nowhere close to the level of detail and sophistication of these decades-old examples. How else will you be able to assess the effect of a demand change on the material requirements for your factory next week or the transportation capacity you will need?

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Modeling Optimal Sourcing 40

Supply Chain Opz

NOVEMBER 9, 2014

Therefore, a firm would be well served to develop a supply chain strategy as described in my book: Supply Chain Transformation. In an uncertain environment, affordability and predictability are at a premium, and a supply-chain organization can deliver these through effective management and oversight of its suppliers.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

20Cube Logistics

SEPTEMBER 17, 2021

For one, using a company that specialises in logistics means you can leverage its network of warehouses and transportation modes to scale your distribution globally. When a customer shares their purchase order data, 20Cube tracks and manages the entire following supply chain interactions.

Forecasting 52

Forecasting Logistics Network Optimization Software Forecasting Software Purchasing Skills 52

Cathy Roberson

APRIL 19, 2021

The COVID-19 pandemic resulted in dramatic shifts in volume characteristics for many transportation providers - first in supplying retailers in inventory restocking and direct to consumer and then, along with retail restocking and direct to consumer, supporting manufacturers as facilities reopened during the second half of the year.

Manufacturing Procurement 52

Manufacturing Procurement Purchasing Skills Material Savings Inventory Reduction 52

Supply Chain Shaman

APRIL 7, 2016

When you think about the product lifecycle from cradle-to-cradle through the moments of truth of purchase, usage, and disposal, what are the opportunities to improve corporate social responsibility? For example, should customer sentiment data feed into quality systems? What is the role of 3-D printing in your future supply chain?

Supply Chain Design Software 150

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Talking Logistics

DECEMBER 11, 2014

Three years later, he stayed with his $300-a-barrel prediction, but shifted the timeframe to 2020 (see the CBS News article, Another $300 Oil Prediction — and Why This One Matters ). I use this example to illustrate the challenges (or, perhaps, the futility) of making supply chain and logistics predictions.

Predictive Analytics Software 201

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NC State SCRC

MARCH 9, 2016

An excerpt from our book “The Procurement Value Proposition” got a nice section of CSCMP’s Supply Chain Quarterly edition this week. Much of the book was written based on my own recognition that the field needs to change. The principles at the time were certainly appropriate.

Optimal Sourcing 40

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 40

Supply Chain Shaman

MARCH 15, 2016

Sadly, I find each to have a limited view of supply chain analytics. Since most companies invested in the automation of the enterprise, not the value network, visibility within the company and the transportation network is a strength. The processes are largely batch, using data with great latency (orders and purchase orders).

Supply Chain Software 150

Supply Chain Software Supply Chain Network Software Manufacturing Procurement Supply Chain Planning Software 150

Precoro

NOVEMBER 23, 2022

Three-way matching is an essential step in the procurement flow process that involves cross-referencing three critical documents – purchase order, receipt, and vendor invoice – to determine whether an invoice should be paid. First, the corresponding purchase order is located. What Is Three-Way Matching? What has been delivered?

Procurement Solutions 98

Procurement Solutions Pricing Training Procurement Analytics Purchasing Skills 98