Claritum

MAY 11, 2018

Claritum Article - Procurement Blog. Does your business source products and services from global markets? If your company is sourcing goods and services internationally you could be reaping many benefits. However, you could also face many challenges when globally sourcing across geopolitical boundaries. BOOK A DEMO.

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Freightos

NOVEMBER 11, 2021

For a forwarder, refraining from working with Maersk today is expensive because it removes 17% of global shipping capacity. Of course, working with tech players that ship or ocean liners owning more of the shipper value chain – introduce opportunities but also some major disadvantages. Enter Big Tech. Amazon as a carrier.

Price Reduction 177

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SCMDOJO

JULY 26, 2023

Negotiation, a crucial skill in the realms of business and procurement, demands the ability to remain calm, collected, and confident even in the most challenging situations. These films were chosen to inspire and educate both aspiring negotiators and seasoned procurement managers.

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Talking Logistics

MARCH 3, 2016

This complexity is certainly evident in global logistics and ocean shipping, where shippers encounter many barriers to enabling a streamlined process, including: Inefficient Processes : A lot of shippers resort to manual processes to procure capacity and communicate shipment details with the many parties involved in ocean movements.

Supply Chain Planning Software 100

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Elementum

MAY 19, 2022

The 50’s saw the development of “containerization” which enabled intermodal (ship, rail, air, truck) transport. In simplest terms, supply chain management is the coordination of several discreet disciplines to move goods from sources, to suppliers, to customers with optimal efficiency. However, with more global challenges (e.g.

Supply Chain Planning Software 78

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Pivot88

APRIL 17, 2017

For many years, many strategic sourcing and procurement professionals have been using the cost reduction playbook as a guide for all of their sourcing and procurement activities. THE GAME CHANGER…VALUE PROCUREMENT. Procurement officers are under pressure to deliver value added performance.

Cost Reduction Strategies 40

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Requis

OCTOBER 30, 2020

He provides a wide array of educational content for supply chain practitioners, including the Supply Chain Secrets channel on YouTube and a number of books, including his latest, Supply Chain Secrets. Sourcing has probably been the biggest thing over the last decade or two, coupled with that reduction in local manufacturing of course.

Manufacturing Procurement 52

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Logistics Bureau

DECEMBER 4, 2023

The picking system works because Amazon sells directly to consumers, so it rarely ships pallets or even sealed cases of any SKU. Book Now Let’s talk about your warehouse layout! Book your free consultation. Book Now Ready to review and improve your inventory management? Book a free consulting call now.

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The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

Procurement, activities such as strategic sourcing, are one of the main processes in the supply chains that can generate a positive impact on companies by giving them a competitive advantage in the market. Strategic sourcing can help supply chain leaders identify potential risk factors and develop procurement mitigation plans.

Agile and Lean Supply Chain 130

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The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Costs reduction of sourced materials is one way to drive down costs but manually conducting price lookups on multiple options for hundreds of products can prove untenable very quickly.

Supply Chain Software 246

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Supply Chain Matters

APRIL 1, 2022

The metaphor was reflective of when global shipping lines elected to take advantage of such disruptions to drive up shipping rates and ancillary charges to unprecedented levels with ongoing financial impacts to multiple industries. Every game is different, and every challenge requires a different play book. Additional Thoughts.

Negotiating Skills 52

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Supply Chain Opz

MARCH 26, 2015

Most inventory control and operations management books tell people to choose a forecasting model that produces the lowest forecast errors. However, notation can be different from one book to the other but they follow the same logic. Inventory control often starts with how to know the demand of particular product. What is Service Level?

Inventory Reduction 113

Inventory Reduction Inventory Forecasting Manufacturing Procurement 113

Requis

AUGUST 13, 2020

12 trillion: the annual procurement spend by the Global 2000 (our estimate based on several sources, see image below). $3 trillion: the overall capex (procurement) spend for global energy in the past three years according to the World Energy Investment 2020 report by the IEA (who predicts a reasonable 20% decline in 2020). $25

Optimal Sourcing 64

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Freightos

AUGUST 26, 2015

So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were. is one of the industry’s most respected logistics sources. Shipping Gazette Daily News. Shipping Gazette Daily News. This was the result.

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Supply Chain Shaman

SEPTEMBER 20, 2015

Source: Dictionary.com. I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value. During the year, I go to a lot of conferences. Does it work?

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

ThroughPut

OCTOBER 16, 2022

To ensure that backflow in the supply chain doesn’t drag all the way back to raw material procurement, it is necessary to monitor intermediate checkpoints such as warehouses, transport operations, and so on. Hyper-automation in warehouse management coordinates shipping with order schedules to establish touchpoints in the supply chain.

Inventory Reduction 52

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Logistics Bureau

APRIL 3, 2023

Access to Economies of Scale By outsourcing manufacturing, logistics, or other supply chain support activities such as procurement , your company may access the economies of scale enjoyed and passed on by specialist service providers. Your organisation may be one of many that a contract partner serves.

Optimal Sourcing 73

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Locus

JUNE 3, 2022

Source: Statista.com. The latter was so severe that cargo ships had to run at half their usual capacity. Download our E-Book on Supply Chain Sustainability and Profitability with Green Logistics. Planning : Processes are designed to reduce emissions and meet demand with ethical sourcing. Ethical sourcing of goods.

Negotiating Skills 52

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ThroughPut

SEPTEMBER 27, 2021

The touchpoints can indicate the need for expedited procurement, new vendor relationships, or enhanced delivery speeds. To ensure that backflow in the supply chain doesn’t drag all the way back to raw material procurement, it is necessary to monitor intermediate checkpoints such as warehouses, transport operations, and so on.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Optimal Sourcing Modeling 52

Enterra Insights

MAY 31, 2019

” The quote finds its origins in Sir Francis Bacon’s book Meditationes Sacrae , which was published in 1597. consumers expect orders, with free shipping, to arrive within three days. He insists consumers are also increasingly relying on recommendations from trusted sources such as friends and other influencers.

Price Reduction 100

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Talking Logistics

APRIL 21, 2017

In order to increase efficiency, the goods would be manufactured in batches based on factors such as the customer shipping address, the patent says. Source: Amazon patent. Haven TMS allows users to manage the entire transportation logistics workflow on one platform and streamline critical processes.

Supply Chain Design Software 0

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Resilinc

AUGUST 3, 2021

These concepts can be hard to define and measure, and even harder to integrate into procurement. Like low-carbon ocean shipping , the movement toward net-zero value chains is an emerging trend that may not impact many supply chain managers for years.

Sustainability 69

Sustainability Price Reduction Supply Chain Strategy Manufacturing Procurement 69

AFFLINK

MARCH 29, 2017

In recent years the evolution of the green supply chain or green procurement, have become incredibly popular. Making your supply chain green requires integrating multifaceted environmental concerns relating to product design, materials sourcing, manufacturing, transportation, and end-of-life product and resource management.

Waste Reduction 48

Waste Reduction Resource Reduction Material Savings Agile and Lean Supply Chain 48

MIT Supply Chain

FEBRUARY 3, 2022

For example, at the COP26 event, United Nations organizations and the shipping industry launched a Just Transition Maritime Taskforce to “drive decarbonization of the industry and support millions of seafarers through shipping’s green transition.” How will today’s workforces acquire these skills?

Sustainability 52

Sustainability Supply Chain Software Supply Chain Purchasing Skills 52

SupplyShift

APRIL 27, 2021

On April 21st, our webinar on forced labor in cotton supply chains brought together leaders from Responsible Sourcing Network and Fashion for Good to explore how industry-wide tools and supply chain engagement can help identify and mitigate risks of forced labor. . On the YESS Cotton Sourcing Risk Assessment.

Supply Chain Planning Software 52

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SYSPRO Smarter ERP

SEPTEMBER 8, 2021

Because inventory is integrated with other business functions, procurement knows what to order, production knows what material is available and where, salespeople know if items are available to quote or deliver, and finance can manage and report on inventory costs. How ERP can support the value chain.

Supply Chain Planning Software 115

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Supply Chain Matters

JANUARY 8, 2024

Commenting on the outlook for 2024, Chris Williamson, Chief Business Economist at S&P Global Market Intelligence noted in part: “ Given current order book trends, the overall picture from the survey is one of supply exceeding demand for many goods, which points to downside risks to production, employment and prices as we head into 2024.”

Manufacturing Procurement 52

Manufacturing Procurement Global Procurement Analytics Myanmar 52

Requis

MAY 22, 2020

He is the Bank of America Distinguished Professor of Operations and Supply Chain Management at NC State University, and is a prolific author of articles and books, most recently The LIVING Supply Chain (co-authored with Tom Linton). Meanwhile, salespeople for suppliers were trying to work around procurement. Everything is changing.

Data 52

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SupplyShift

APRIL 27, 2021

On April 21st, our webinar on forced labor in cotton supply chains brought together leaders from Responsible Sourcing Network and Fashion for Good to explore how industry-wide tools and supply chain engagement can help identify and mitigate risks of forced labor. These are the textile and spinning mills.

Supply Chain Planning Software 40

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Talking Logistics

NOVEMBER 12, 2014

If there is any delay, GTAT must either use expedited shipping (at its own cost) or purchase substitute goods (at its own cost). Here is an excerpt from the book: We have all heard the warning to not be a penny wise and pound foolish. GTAT must accept and fulfill any purchase order placed by Apple on the date selected by Apple.

Negotiate Pricing 165

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Supply Chain Shaman

OCTOBER 8, 2019

To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability. Examples include first pass yield, schedule adherence, hands-free orders, orders shipped complete, and minimization of waste. Most can only measure functional costs—transportation, manufacturing, and procurement.

Supply Chain Design Software 183

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Gravity Supply Chain

JANUARY 22, 2024

Gravity, a global leader in Purchase Order Management and BuyCo, the container shipping platform, announced their partnership to offer shippers with a comprehensive solution that allows procurement and transport teams to collaborate seamlessly for international trade operations.

Supply Chain Design Software 52

Supply Chain Design Software Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. Therefore, a firm would be well served to develop a supply chain strategy as described in my book: Supply Chain Transformation.

Waste Reduction 274

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Precoro

OCTOBER 10, 2022

In today's competitive market, where it's not all about cost savings, tracking procurement performance and aligning it with business goals and objectives is a must-have. So how do you measure the effectiveness of procurement operations within your organization? What Are Procurement KPIs, and Why Use Them?

Procurement Analytics 52

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Talking Logistics

DECEMBER 11, 2014

Brent crude oil prices Dec 2009 – Dec 2014 (Source MoneyAM.com). At an MIT conference last year, Tom Linton, Chief Procurement and Supply Chain Officer at Flextronics, presented his top 10 list of supply chain trends. Shipping and delivery capabilities become even bigger competitive weapons.

Predictive Analytics Software 201

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CH Robinson Transportfolio

MAY 12, 2015

Many of Freightquote’s 80,000 customers are small businesses or consumers with irregular shipping patterns. Most do not have the deep infrastructure to source transportation services in a multitude of lanes. As a result, customers can go to the site, get a quote, and book a load in a completely self-service platform.

Sourcing Strategies 34

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The Logistics & Supply Chain Management Society

NOVEMBER 15, 2021

Shipping freight across the world is a complex matter. First of all, for cargo owners, international transport and shipping can be complicated operations involving multiple stakeholders and several suppliers and contacts for a single shipment. It can also be unclear which supplier charged what.

Study 246

Study Forecasting Software Freight Logistics Network Optimization Software 246