GlobalTranz

OCTOBER 6, 2021

Proper vetting of carriers helps ensure risk management, and creates a re liable network for future growth, scalability and flexibility. . With demand for drivers often exceeding availability, shippers find themselves forced to pay more to secure capacity and drivers across many industries.

Prescriptive Analytics Software 216

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

Supply Chain Shaman

FEBRUARY 18, 2021

While prior risk management disruptions occurred and quickly established a new normal, in the COVID-19 pandemic, the only normal is constant change. The output was just not helpful. We have too hard-wired solutions bolted into IT architectures to enable the flexibility needed by business leaders during times of high variability.

Supply Chain Planning Software 292

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 292

Turvo

AUGUST 31, 2021

With all the volatility that still lingers in the modern supply chain, the need for high-quality data analysis, solid procurement planning, good profit margins , and streamlined scheduling systems all remain crucial for shipping and transportation providers. Why Poor Visibility in Grocery Procurement Plans Lead to Big Issues.

Supply Chain Planning Software 59

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SCMDOJO

APRIL 29, 2024

Are you interested in understanding how businesses effectively manage their supply chains? Look no further – this guide is here to help you grasp the fundamentals of supply chain management (SCM) and how it can lead to success. It encompasses activities such as procurement, supplier selection, and evaluation.

Supply Chain Planning Software 52

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Logistics Viewpoints

APRIL 7, 2022

My recent conversations with the supply chain practitioners are dominated by supply chain risk — specifically geopolitical risks in light of the ongoing Russian invasion of Ukraine. At the same time, many companies have lost access to most of the markets in Ukraine and Russia (owing to sanctions).

Supply Chain Design Software 239

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 239

ThroughPut

FEBRUARY 23, 2024

Clearly, Artificial Intelligence (AI) is unlocking so much potential for growth and efficiency in logistics and supply chain management. Just about everyone in the supply chain gets negatively impacted by wrong forecasts. Just about everyone in the supply chain gets negatively impacted by wrong forecasts. Inventory pile-ups.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

ivalua

MAY 1, 2020

The total costs, in terms of human lives, disrupted supply chains, ruined businesses and GDP impact, are still just projections in the array of charts presented daily by statisticians and data modelers. There are, however, already some clear lessons to be learned by Procurement and Supply Chain leaders. Balance Procurement Objectives.

Negotiating Skills 130

Negotiating Skills Negotiate Pricing Optimal Sourcing Supply Chain Planning Software 130

Enterra Insights

DECEMBER 4, 2018

Supply chain risk management (SCRM) is often discussed in terms of prevention, mitigation, and recovery. ” Supply chain risk managers undoubtedly agree with that sentiment. .” ” Supply chain risk managers undoubtedly agree with that sentiment. Improving supply chain resilience.

Optimal Sourcing 133

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Exiger Perspectives

JULY 14, 2023

With existing domestic deposits and expanding processing capacity, Exiger’s research and analysis suggests that the U.S. is capable of achieving full domestic production over the long term. With existing domestic deposits and expanding processing capacity, Exiger’s research and analysis suggests that the U.S. In the U.S.,

China 40

China Supply Chain Planning Software Supply Chain Planning Supply Chain Software 40

SYSPRO Smarter ERP

JUNE 6, 2022

In today’s business world, the success of a firm depends not only on its sales but also on the ability to manage its supply network and ensure it has the inventory it needs to deliver customer orders. There are ways to manage a supply chain amid disruptions but they require changes in the way the business works.

Inventory Reduction 119

Inventory Reduction Optimal Sourcing Inventory Modeling 119

Enterra Insights

SEPTEMBER 29, 2021

It was designed with linearity in mind: a singular focus on minimizing transport costs through building high-capacity, point-to-point distribution infrastructure. And as global trade has accelerated in recent decades, greater levels of investment and manpower have been dedicated to expanding capacity to achieve cost efficiencies.

Supply Chain Planning Software 130

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

Supply Chain Matters

NOVEMBER 29, 2023

A report by Nikkei Asia Technology indicates that Apple contract manufacturing services provider Foxconn is planning to incrementally expand iPhone production capacity within India. billion facility, which is massive and implies more than just smartphone assembly. This facility is further reported to be the equivalent of a $1.54

India 64

India Manufacturing Procurement Report Supply Chain Planning Software 64

Supply Chain Matters

JANUARY 10, 2023

The Ferrari Consulting and Research Group has annually published a series of supply chain management focused predictions since its inception in 2008. They are produced to advise our clients, sponsors and the broad global supply chain management community as to what to anticipate in the coming year. Background. billion in September.

Predictive Analytics Software 52

Predictive Analytics Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 52

SYSPRO Smarter ERP

APRIL 13, 2022

Just as manufacturers and distributors were starting to climb out of the ‘COVID hole’, they’ve been knocked back in. Now, the greatest risk they face has shifted to the regional instabilities due to military conflict and the geopolitical and economic uncertainties it has created.

Supply Chain Planning Software 111

Supply Chain Planning Software Price Reduction Cost Reduction Strategies Material Savings 111

Talking Logistics

JULY 28, 2014

Data from various sources indicate that truckload capacity is starting to tighten. For example, here’s some data from Wolfe Research published earlier this year: When capacity gets tight, shippers tend to leverage the spot market more. But there’s always the risk of service or safety issues when you go that route.

Capacity 146

Capacity Optimal Sourcing Procurement Supply Chain Network Software 146

Supply Chain Game Changer

AUGUST 3, 2021

procurement techniques) as opposed to educating the next generation of leaders equipped with the broadest possible set of management and leadership skills to run the entire end to end operations of a massive global company. And this lack of investment will just keep Supply Chain processes and infrastructure in an antiquated state.

Supply Chain Strategy 119

Supply Chain Strategy Supply Chain Design Software Sourcing Strategies Supply Chain Design 119

Locus

JUNE 2, 2023

In the vast, interconnected world of supply chain management, two terms often come into focus—inbound and outbound logistics. Inbound and outbound logistics are two fundamental components of the overall supply chain management process. Focus Procurement, receiving, storage, and inventory management.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Logistics Network Optimization Software Supply Chain Optimization 52

Logistics Bureau

APRIL 3, 2023

If you’re a decision-maker with accountability for your organisation’s entire supply chain, and you’re just starting to think about outsourcing, perhaps to reduce costs or improve service, this post should prove well worth the few minutes it will take you to read it. What Can You Outsource, and What Should You Outsource?

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

NC State SCRC

SEPTEMBER 27, 2023

In his current role, he is accountable for several strategic functions, including corporate engineering; capital and infrastructure strategy; corporate real estate; risk management; operations research and global procurement. He earned an M.S. He earned an M.S.

Pharmaceutical 52

Pharmaceutical Supply Chain Design Software Sustainability Supply Chain Design 52

Enterra Insights

DECEMBER 21, 2021

”[1] He acknowledges that “shocks to the supply chain aren’t uncommon”; however, he writes, “The pace and type of disruption witnessed today is unparalleled and has laid bare many of the risks associated with our traditional way of supply chain operations.” ” Robert J.

Supply Chain Transformation 130

Supply Chain Transformation Gartner Supply Chain Software Supply Chain Strategy 130

Supply Chain Matters

OCTOBER 12, 2022

contraction threshold which is noted as the first time this has occurred since the depths of the global pandemic in 2020. contraction threshold which is noted as the first time this has occurred since the depths of the global pandemic in 2020. Report authors indicated that the September decline was quite broad-based.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

Jaggaer

APRIL 14, 2020

Define your procurement response strategy. Just-in-time delivery of finished goods and components has been put under tremendous strain. On top of this, a growing number of truck and van drivers are off work, often with symptoms of the virus, while many warehouse workers are unhappy about the risks posed.

Supply Chain Disruption 52

Supply Chain Disruption Europe Cost Reduction Strategies Material Savings 52

Proxima

JULY 29, 2020

However, the financial services sector is not out of the woods yet and firms that proactively manage future supply chain challenges will outperform their peers. However, the financial services sector is not out of the woods yet and firms that proactively manage future supply chain challenges will outperform their peers. Wall Street.

Optimal Sourcing 52

Optimal Sourcing Expense Reduction Real Estate Cost Reduction Strategies 52

Supply Chain Matters

OCTOBER 6, 2023

The report’s authors indicated that five sub-indices, output, new orders, manufacturing employment, purchasing stocks and suppliers’ delivery times were collectively at levels of deterioration. With the closing of the third quarter, the numbers once again signal added contraction in global manufacturing output as product demand levels weaken.

Manufacturing Procurement 59

Manufacturing Procurement Global Optimal Sourcing United Kingdom 59

Talking Logistics

SEPTEMBER 1, 2017

LevaData to Transform Strategic Sourcing for Global Procurement and Supply Chain Leaders. Manhattan Transportation Management Enhancements Enable the Acquisition and Supervision of Additional Shipment Capacity. Freight Companies Scramble to Reroute Goods in Wake of Harvey (WSJ – sub. Descartes Acquires MacroPoint.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Design Software Real-time Visibility Manufacturing Procurement 0

Supply Chain Matters

AUGUST 11, 2022

Our takeaway observation was that in a period of six months, there has been a new, likely more sobering awareness that geopolitical risk is likely to influence business and supply network strategies going forward. That is because so many products and/or services are predicated on global supply network movements.

Predictive Analytics Software 52

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

Supply Chain Matters

JUNE 16, 2022

Financial market pundits and economists are now becoming more vocal on the likelihood or potential timing of a global wide recession. But these are not normal times, given all that is occurred during the last two and one-half years. Needs or leasing augmented warehouse capacity is going to be considerably more expensive.

Material Savings 52

Material Savings Inventory Reduction Cost Reduction Strategies Price Reduction 52

Supply Chain Game Changer

JULY 28, 2020

If you truly have a duplicate Supply Chain in operation you do have a level of established redundancy which should lower your risk of supply disruption. With appropriate planning to ensure your Parallel Supply Chain can expand capacity within a very short time frame you can crank up their output on extremely short notice.

Material Savings 100

Material Savings Expense Reduction Resource Reduction Inventory Reduction 100

Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. This report provides a snapshot of the U.S. This Year’s Report Themes and Key Messages. For 2021, U.S.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

Supply Chain Opz

NOVEMBER 9, 2014

Due to the rapid change in global business environment, managers find it difficult to gain the edge over competitors. We believe many practices in global supply chain management can be applied in every industry. percentage of second-tier suppliers who follow a certain risk management or IT standard”).

Waste Reduction 274

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

ivalua

NOVEMBER 8, 2019

This article focuses on outsourcing, which offers more flexible solutions, has been on the rise to supply enterprises with external talents, leading to how procurement can help challenge the traditional strategy in order to maximize the chances of pairing the right talent with a need. At the same time, workers expectations are evolving.

Optimal Sourcing 100

Optimal Sourcing Procurement Sourcing Strategies Resource Reduction 100

Supply Chain Game Changer

JUNE 16, 2020

While we had seen several Cirque shows before it was her first time. In thinking about the show and its construct I thought about the incredible amount of risk that the performers and producers are managing. While most jobs are not life threatening the level of risk is still prevalent. Supply Chain Risk Management.

Supply Chain Risk Management 57

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Proxima

JUNE 22, 2021

The role of procurement has long been misunderstood in financial services. Like many industries, those in the front office have thought of procurement as a necessary back-office process; a hoop that they are required to jump through that does not have any bearing on the success of their own role. Procurement’s evolution.

Optimal Sourcing 52

Optimal Sourcing Procurement Sourcing Strategies Cost Reduction Strategies 52

Enterra Insights

NOVEMBER 29, 2018

” Supply chain management is so central to any business’ operations, Lora Cecere ( @lcecere ), founder of Supply Chain Insights, insists, “The supply chain IS Business, not a department within a business.”[3] ”[5] According to Wilhjelm, things aren’t going to get any easier for supply chain managers.

Optimal Sourcing 100

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy 100

Eyvo

NOVEMBER 5, 2019

Creating Value is Essential in Procurement – eProcurement can Help! The many benefits of digital procurement are known to all. When your company has just started using an eProcurement software, the obvious benefits (i.e. These benefits, when used to their optimum capacity, have the potential to create value.

Procurement Solutions 40

Procurement Solutions Optimal Sourcing Procurement Analytics Procurement 40

Logistics Bureau

MARCH 30, 2020

The pandemic, however, has exposed the risk, like never before, of concentrating sources in one location—especially when it’s far away from a company’s headquarters and markets. Now’s the Time to Revisit Your Supply Chain’s Design. Form a series of joint agreements to monitor lead times and inventory levels.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Agile and Lean Supply Chain 52

Precoro

FEBRUARY 12, 2024

According to the 2022 Deloitte Global Treasury Survey , CFOs consider improving liquidity risk management to be a top priority for their treasury departments. But why is liquidity management so important? The first step requires an overview of income and expenditure in real time. Some assets, known as liquid assets (e.g.,

Optimal Sourcing 102

Optimal Sourcing Expense Reduction Inventory Reduction Negotiating Skills 102