Proxima

NOVEMBER 7, 2023

Simon Geale recently sat down with Kodiak Hub to record Feature Frontier, a 20-minute dive into a few things procurement but in particular the importance of supplier collaboration. Dyers book Collaborative Advantage, first published in 2000. However, not all procurement can or should be collaboration-led. So, why so popular now?

Optimal Sourcing 59

Optimal Sourcing Procurement Supply Chain Planning Software Supply Chain Network Software 59

Shipsy

APRIL 9, 2020

The spread of the novel coronavirus causing COVID-19 is affecting the shipping industry in unprecedented ways. As a result, existing RFQs are seeing Force Majeure being invoked and shippers are using spot rates to make bookings to transport their goods. . This in turn has lead to Force Majeure on most RFQs. April 9, 2020.

Optimal Sourcing 98

Optimal Sourcing Modeling Cost Reduction Strategies Vendor Strategies 98

Supply Chain Game Changer

OCTOBER 28, 2021

Featuring Our 12 Best Procurement Articles! Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. This is an exciting time to be a procurement practitioner, as well as a vendor of ProcureTech solutions.

Optimal Sourcing 89

Optimal Sourcing Procurement Supply Chain Planning Software Modeling Software 89

Supply Chain Game Changer

JULY 14, 2021

Featuring Our 12 Best Procurement Articles! Procurement and Sustainability are your business’ Yin and Yang. Procurement and Sustainability are two disciplines and business functions that exist in a perfectly harmonious contradiction. Procurement is fundamentally centered around the act of acquisition and/or buying.

Optimal Sourcing 98

Optimal Sourcing Procurement Sustainability Material Savings 98

Freightos

MARCH 17, 2019

The annual fixed-price contract is the current go-to for ocean freight procurement. Just like streaming replaced that iPod as a better way of listening to music, ocean freight procurement now has a better way. Technology rewrote industry rules and improved our listening to music. The industry has already taken notice.

Optimal Sourcing 120

Optimal Sourcing Procurement Freight Price Reduction 120

The Logistics of Logistics

AUGUST 26, 2022

Since launching in 2017, Uber Freight has built one of the world’s largest digitally-enabled carrier networks and transformed entrenched practices around pricing and booking freight to reduce inefficiencies and increase opportunities for business growth and industry collaboration. Empty miles are about 1.5% Raj Subbiah. Uber Freight.

Freight 209

Freight Optimal Sourcing Logistics Network Optimization Software Supply Chain Network Software 209

GlobalTranz

JANUARY 6, 2016

We release our second e-book today by focusing on strategic logistics and transportation management creates a competitive business advantage for shippers. You can download our first e-Book, "The Future Of Supply Chain, Logistics & Manufacturing: How Technology Is Transforming Industries" here.

Transportation Management 120

Transportation Management Logistics Network Optimization Software Resource Reduction Cost Reduction Strategies 120

Kodiak Hub

SEPTEMBER 23, 2021

Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. This is an exciting time to be a procurement practitioner, as well as a vendor of ProcureTech solutions. It’s time to air our dirty laundry.

Optimal Sourcing 59

Optimal Sourcing Procurement Supply Chain Planning Software Modeling Software 59

Freightos

FEBRUARY 28, 2024

With more easily accessible data and bookings, alternatives to, yes, historically alternative routes suddenly become far more viable. He’s proven go-to-market and growth leadership across industries. Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged.

Los Angeles 156

Los Angeles Negotiating Skills Cost Reduction Strategies Price Reduction 156

Supply Chain Game Changer

JANUARY 21, 2020

Procurement language article originally published by, and permission to publish here provided by, Sam Jenks at kodiakrating.com. From one Procurement organization to the next, terminology differs. Procurement is a function, that is undergoing transformation; technologically and ideologically. Subscribe Here! Email Address.

Procurement Solutions 87

Procurement Solutions Procurement Purchasing Training Negotiating Skills 87

Supply Chain Game Changer

JUNE 8, 2021

The other factor I love about a career in Supply Chain (or in my case IT) is the fact that these skills are transferrable to many different industries as evident from my career path, High tech to gold mining to the movie industry. Keep current on what is happening throughout the industry and learn from others from their experiences.

Negotiating Skills 97

Negotiating Skills Purchasing Skills Industrial Industry 97

SCMDOJO

OCTOBER 27, 2023

Supplier negotiation is the most critical skill in the world of procurement. It requires an in-depth knowledge of procurement processes to be able to bring the supplier on a mutual agreement. The following are common types of negotiation in procurement: 1. The aim is often to secure volume discounts or advantageous terms.

Negotiate Pricing 88

Negotiate Pricing Negotiating Skills Pricing Training Purchasing Training 88

Shipsy

APRIL 9, 2020

The spread of the novel coronavirus causing COVID-19 is affecting the shipping industry in unprecedented ways. As a result, existing RFQs are seeing Force Majeure being invoked and shippers are using spot rates to make bookings to transport their goods. . This in turn has lead to Force Majeure on most RFQs.

Modeling 52

Modeling Optimal Sourcing Cost Reduction Strategies Material Savings 52

Supply Chain Shaman

SEPTEMBER 28, 2022

Last week, after booking an additional $1B in unexpected supplier costs in the third quarter, the CFO led the company’s focus on restructuring to “support efficient and reliable sourcing of components and internal development of key technologies and capabilities.” COVID impacts also continue. Don’t Be Like Ford.

Manufacturing Procurement 195

Manufacturing Procurement Supply Chain Design Software Network Design Software Supply Chain Planning Software 195

The Logistics of Logistics

DECEMBER 1, 2021

Since launching in 2017, Uber Freight has built one of the world’s largest digitally-enabled carrier networks and transformed entrenched practices around pricing and booking freight to reduce inefficiencies and increase opportunities for business growth and industry collaboration. Empty miles are about 1.5% Raj Subbiah. Uber Freight.

Freight 147

Freight Optimal Sourcing Logistics Network Optimization Software Supply Chain Network Software 147

Supply Chain Shaman

JUNE 1, 2022

On average, industries carry 38 more days of inventory than in 2007. As an industry, we are not learning from leaders. Large branded companies work in the industry to share their stories to make the lists. ” The industry is self-perpetuating and has even moved through downward cycles in the last decade.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 195

Supply Chain Shaman

NOVEMBER 2, 2018

in to transportation management to drive routing information and booking optimization). Using the same footprints, the industry moved client/server to the cloud and started the processes of consolidation. The groups of supply planning, procurement and logistics operate within silos. History of E2open.

Supply Chain Planning Software 167

Supply Chain Planning Software Supply Chain Network Software Manufacturing Procurement Supply Chain Design Software 167

Supply Chain Shaman

FEBRUARY 18, 2021

While the industry is flush with terms like digital twin and what-if modeling, current applications were not equal to the need. Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP. Next Steps.

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

SupplyShift

APRIL 13, 2021

SupplyShift takes a look at three ways that supply chain professionals can drive sustainability through procurement practices. This, in light of recent global issues and advancements, is the perfect time for professionals to normalize sustainable procurement practices. What do we mean by “sustainable procurement practices?”

Optimal Sourcing 52

Optimal Sourcing Sustainability Procurement Supply Chain Strategy 52

SupplyShift

APRIL 13, 2021

SupplyShift takes a look at three ways that supply chain professionals can drive sustainability through procurement practices. This, in light of recent global issues and advancements, is the perfect time for professionals to normalize sustainable procurement practices. What do we mean by “sustainable procurement practices?”.

Optimal Sourcing 52

Optimal Sourcing Sustainability Procurement Supply Chain Strategy 52

HICX Solutions

FEBRUARY 4, 2022

He is Director of the EIPM Value Creation Observatory , where he conducts research on innovation, purchasing and new technologies that are changing industries. He is also co-author of the recently released book Fifth Generation Purchasing: When Pace Meets Power. Fifth Generation Purchasing: From the idea to a framework, to the book.

Procurement Solutions 52

Procurement Solutions Purchasing Skills Supply Chain Network Software Innovation 52

Supply Chain Shaman

JANUARY 31, 2022

The two most significant factors were a rise in time between the booking to gate in at the port, up 43%, and the ocean transit time, up 36%. The reinvention of planning is needed, but it is hard to unwind the industry. I have been an industry analyst for two decades. Current technologies and processes focus on volume trade-offs.

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

Supply Chain Shaman

SEPTEMBER 27, 2021

The problem with supplier visibility is bookended into procurement processes that have gone back, not forward over the last decade. Procurement processes–encumbered by a focus on paperless processing, RFPs/RFQs, and efficient procurement–do not embrace the capabilities and requirements of direct material sourcing.

Supply Chain Planning Software 321

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

Proxima

JULY 1, 2020

But procurement functions within retail businesses need to adapt to this rhythm too, ensuring they are nimble and agile enough to support retail businesses at this unprecedented time, as they redefine their brand and marketing approach. The post Adapting to a new rhythm of retail – Marketing procurement appeared first on Proxima.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Modeling 52

ThroughPut

OCTOBER 13, 2021

While the construction industry itself poses some unique challenges in supply chains across the world, cement manufacturing comes with its own diverse set of differentiators like the ones mentioned below: Top unique challenges of cement industry. Rapid Global Urbanization. billion by 2022. Increasing Workforce Numbers.

Supply and Demand 52

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 52

Supply Chain View from the Field

NOVEMBER 10, 2014

In this blog, I review the new book “Sustainable Luxury” by Gardetti and Torres. This books brings together a series of thought pieces, empirical research studies, and theoretical arguments that provide a broad platform for thinking about sustainable luxury. Luxury, sustainability, and consumption.

Sustainability 68

Sustainability Supply Chain Design Software San Francisco Supply Chain Design 68

Supply Chain Shaman

FEBRUARY 7, 2022

The two most significant factors were a rise in time between the booking to gate in at the port, up 43%, and the ocean transit time, up 36%. The reinvention of planning is needed, but it is hard to unwind the industry. I have been an industry analyst for two decades. Current technologies and processes focus on volume trade-offs.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Supply Chain Game Changer

MAY 8, 2019

Hey Procurement! From one Procurement organization to the next, terminology differs. Procurement is a function, that is undergoing transformation; technologically and ideologically. I’m currently reading Trevor Noah’s book, Born a Crime. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

Procurement Solutions 50

Procurement Solutions Procurement Purchasing Training Negotiating Skills 50

ivalua

MARCH 17, 2021

52 billion for transit agencies, airports, and the aviation industry (including airlines and manufacturers). $50 The Procurement Link. Grant solicitations are much like procurement solicitations in that, to be successfully managed, require contracts, budget tracking, purchase orders, invoicing, and audit preparedness.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Procurement Solutions Procurement Analytics 130

Supply Chain View from the Field

JUNE 10, 2015

A recent review by Peter Smith of my new book , “The Procurement Value Proposition”, co-authored with Gerard Chick, provides some solid support for the message Gerard and I were seeking to develop. The people with these skill sets may not work in your industry; hire them anyway!”

Procurement Solutions 60

Procurement Solutions Procurement Analytics Procurement Purchasing Skills 60

Freightos

JANUARY 12, 2016

In the last year, a new dynamic has begun to reshape the freight industry. Unlike some industries that are virtually attacked by external actors, like Uber disrupting the taxi industry, the catalysts of this transformation are coming from within. Two Trends Are Threats To The Industry. How Freight Disrupted Itself.

Freight 102

Freight Industrial Industry Supply Chain Software 102

NC State SCRC

NOVEMBER 2, 2023

Lessons Learned from a Career in Procurement As part of our weekly Supply Chain Leadership, I interviewed Howard Richman, who I am co-authoring a new book with (“Procurement Confidential”). At Mars, procurement (commercial as it was called) was one of the most highly regarded of the professions.

Procurement Analytics 52

Procurement Analytics Negotiating Skills Manufacturing Procurement Optimal Sourcing 52

SCMDOJO

JUNE 6, 2023

Many professionals rely on MS Excel as the go-to software for supply chain and procurement tasks but creating detailed dashboards can be time-consuming and exhausting. 5 – Procurement KPI Dashboard Excel Template Effective supply chain management requires the use of various tools and metrics to monitor and improve performance.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Software Optimization Software Material Savings 89

NC State SCRC

SEPTEMBER 18, 2017

Procurement is always thinking about cost savings, year over year. What if, for example, procurement has a budgeted amount for 4.5 cents, so procurement declares victory and says they saved their organization a lot of money: 3 cents per unit! Vel Dhinagaravel, CEO of Beroe , thinks this is the wrong way to measure procurement.

Optimal Sourcing 40

Optimal Sourcing Manufacturing Procurement Procurement Material Savings 40

Freightos

MARCH 12, 2024

Judah Levine March 12, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 7% to $4,419/FEU. Asia-US East Coast prices(FBX03 Weekly) fell 8% to $6,107/FEU.

Negotiating Skills 281

Negotiating Skills Optimal Sourcing Asia Europe 281

Supply Chain View from the Field

AUGUST 1, 2015

As organizations continue to discuss the notion of procurement value transformation, there is a noticeable gap between the stated intentions of organizations to pursue value, and their actions as they pertain to on-going adversarial approaches to supplier relationships.

Analytics Software 60

Analytics Software Logistics Network Optimization Software Procurement Analytics 60

Supply Chain Matters

DECEMBER 12, 2023

Podcast Perspective Multi-industry supply chain management teams are now turning their attention to plans for the year 2024. A frequent speaker at industry conferences, Radu is the co-author of the published book: From Source to Sold, Stories of Leadership in Supply Chain.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 59