Transforming the GCC Chemical Industry with Supply Chain Integration – LogiSYM September 2020

The Logistics & Supply Chain Management Society

The GCC chemical industry is second largest manufacturing industry in value add, after refining. 2017 Facts and Figures report by Gulf Petrochemicals and Chemicals Association (GPCA), the chemical industry accounts for 3.1 Following COVID-19 the global chemical supply chain market reported a severe decline in output. Overcoming these challenges, regional chemical manufacturers and suppliers are now forced to rethink and readjust their global supply chain model.

Digital Procurement Improves Supply Chain!

Supply Chain Game Changer

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.

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IKEA’s IWAY Lessons For Procurement!

Supply Chain Game Changer

Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. In order to enact the shift that they wanted to see in their procurement, purchasing and sourcing processes, they had to not only rethink internally, but work closely with a consolidation and restructuring categories within their supplier base. Chemicals. Subscribe Here! Email Address.

Procurement Leading Pharmaceutical Companies Through the Pandemic

Jaggaer

From early on in the Covid-19 pandemic , and for pretty obvious reasons , procurement in healthcare and pharmaceuticals has been in the spotlight like never before. The post Procurement Leading Pharmaceutical Companies Through the Pandemic appeared first on Jaggaer.

IKEA’s IWAY Has Lessons For Every Procurement Team!

Supply Chain Game Changer

Check out Procurement Report Card: Most Executives Think Procurement Isn’t Strategic Enough! Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. If you don’t have a Supplier CoC, I’d strongly suggest looking into developing one with your sourcing and procurement team. Chemicals. Subscribe Here! Email Address.

Procurement Challenges Condensed

Claritum

Claritum Article - Procurement Blog. I took on the challenge of writing a condensed version of all the current Procurement challenges. I believe the issue with these articles is the broad range encompassed by the word Procurement and the constant change within this domain. To my mind, your challenges depend on where you are in transformational change within your organisation, the scope of your function within Procurement and the nature of the organisation’s supply chain.

Google Will Acquire a 3PL – And Other Supply Chain and Logistics Predictions for 2015

Talking Logistics

I use this example to illustrate the challenges (or, perhaps, the futility) of making supply chain and logistics predictions. Simply put, I admit upfront that my supply chain and logistics predictions below are biased and flawed, but I make them anyway because it’s a fun exercise, and also because I hope it generates some thoughtful conversations and ideas. For related commentary, see: In Logistics, Somebody Has to Own the Assets.

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Market Beat. Four Thumbs Down and One Thumb Up.

Supply Chain Shaman

Purchases include ICON-SCM in 2013; SERUS Corporation in 2014; Orchestro and Terra Technology in 2016; Steelwedge and Zyme in 2017; Inttra, Cloud Logistics, Entomo and Birch Worldwide in 2018; and Amber Road in 2019. Technology innovation in indirect procurement is not relevant to direct.

This Week in Logistics News (October 8-12, 2018)

Talking Logistics

The VP of Supply Chain and Logistics at our house (aka my wife) has been out of the country this week. So, while I count the days and hours and minutes until she gets back, here’s the supply chain and logistics news that caught my attention this week: American Logistics Aid Network (ALAN) Activates For Latest Major Hurricane Of 2018. Transplace Acquires Yusen Logistics’ Intermodal & Freight Brokerage Group. Hurricane Michael: How Can Logistics Professionals Help?

Supply Chain Operating Networks Create Supply Chain Rockstars

Talking Logistics

In a study conducted by Accenture in 2015 of chemical companies, results showed that 94 percent expect to boost their investment in digital capabilities in the next three years to embrace a competitive advantage. Historically, chemical companies buy from and sell to nearly every industry in the world, adding special demands for connectivity.

Can Sales and Procurement Ever be BFF’s?

NC State SCRC

The relationship between sales and procurement has always been a contentious one, and the idea of a friendship evolving between the two functions is laughable in the minds of many managers I’ve met with. Sales account managers accuse procurement of being purely price focused, and not recognizing the components of value. This situation does not always accrue – as there are cases where harmonious partnerships exist between sales and procurement.

Getting Sales and Procurement onto the Same Team

NC State SCRC

The relationship between sales and procurement has always been a contentious one. Sales account managers accuse procurement of being purely price focused, and not recognizing the components of value. Procurement executives on the other hand complain that sales account managers are always trying to “work around them”, and to make the commercial sale to engineering, operations, clinicians, or other business stakeholders.

Supply Chain Risk Management is a Cirque Du Soleil Calibre Act!

Supply Chain Game Changer

What is we had a chemical explosion? Every part of your Supply Chain from suppliers, to logistics carriers to Distribution Centres, Manufacturers and Marketing channels must all have sufficient capacity to meet your needs. Their Sales teams will want to pad forecasts and hedge demand but their Procurement teams will want to give you forecasts that they are more confident in. This should inform your plans for sourcing and logistics. Subscribe Here! Email Address.

2019 Logistics & Supply Chain Events to Attend in the US

EazyStock

The International Warehouse Logistics Association (IWLA) brings an extensive network of warehouse logistics leaders together with warehousing suppliers in this three-day trade show. If you’re looking to improve your warehouse logistics, this event is the right choice for you! At this event, you will get the opportunity to be part of a huge network of more than 2,500 global supply chain and procurement professionals.

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The Baby Supply Chain!

Supply Chain Game Changer

This involves a set of logistics in and of itself in terms of going to the doctor, having the tests done, sending the tests to a lab, and having the results returned. Over time they will try to time when baby is fed as they work to get the baby on a regular sleeping schedule. Logistics comes into play in the Baby Supply Chain. Reverse logistics in action. With the use of organic cotton these clothes avoid the use of chemicals or synthetic fibres. Subscribe Here!

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This Week in Logistics News (February 18-22, 2013)

Talking Logistics

CombineNet and Transplace Extend Partnership in Delivering Advanced Transportation Procurement Solution to North America. Labor and management work out deal at Port of LA/Long Beach ( Logistics Management ). As I highlighted in my supply chain and logistics predictions for 2013 , tablets and smartphones are quickly becoming the preferred computing platform for business professionals, which is why technology providers are designing and optimizing their applications for these devices.

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Seasoned Leadership in Action™ – An Interview with Raymon Krishnan!

Supply Chain Game Changer

This interview is with Raymon Krishnan, President of The Logistics and Supply Chain Management Society. I then spent 10 years building up my own Logistics consulting business growing it to where we had close to 70 employees. After selling the business in 2009, I went on to work for a leading US Chemical company and then a global 3PL. Throughout much of my career I have been involved with the Logistics & Supply Chain Management Society and currently serve as President.

The Vaccine Distribution Supply Chain!

Supply Chain Game Changer

According to the World Health Organization (WHO) the role of Supply Chain “is to ensure effective vaccine storage, handling, and stock management; rigorous temperature control in the cold chain; and maintenance of adequate logistics management information systems. Subscribe Here!

Electronic Data Interchange or EDI in Transportation: Breaking Down What it is and How It Works

Cerasis

We take pride at Cerasis, as a third party logistics company who has developed a proprietary web-based transportation management system , to offer technology solutions to our shippers so they may remain as efficient as possible and have access to information at their fingertips. Its application has expanded from enabling the electronic exchange of purchase orders, acknowledgments and invoices to include global procurement and sourcing.T.

600 Dead in Bangladesh: Is there a soul to the enterprise?

Supply Chain View from the Field

A group of 30 MBA students this semester decided to “stress-test” the supply chain code of conduct behaviors of major companies in the retail, aerospace, chemical, and other industries. Procurement Sustainability Retail Logistics Strategic Sourcing Supplier Relationship Management Supply Chain Management Sustainability News of the increasing death toll in Bangladesh continues to pour in, with the latest at 600 found dead in the rubble of the Rama factory complex.

Modular production requires comprehensive optimization

DELMIA Quintiq

We are seeing many developments in the chemical industry. New and innovative processes for modularization of production are putting both production and logistics structures to the test. At the Chemical Logistics Forum, held by the German Logistics Association (BVL) in the Höchst district of Frankfurt, participants got a first-hand look at current trends in the chemical logistics field. But logistic aspects still have to be addressed.

Apple: Still a Penny Wise and Pound Foolish?

Talking Logistics

So suppliers often try to cut corners, replace expensive chemicals with less costly alternatives, or push their employees to work faster and longer, according to people at those companies. Unfortunately, many procurement professionals still labor in the Dark Ages and have not taken the maxim to heart. appeared first on Talking Logistics with Adrian Gonzalez.

Distribution Management: Top 6 Factors That Influence Distribution Management Strategy

BR Williams Supply Chain Management

Distribution management includes forecasting, transportation, warehousing, and delivery within the larger universe of logistics and supply chain management. Distribution management is an integral part of logistics. Logistics software. Logistics software.

IMO 2020 is Here. Are You Ready?

Supply Chain Game Changer

The burning of this fuel in ships are main engines, boilers and generator engines and produces exhaust containing Sulphur oxide (SOX) which then reacts with water, oxygen and other chemical to form Sulphuric acid n secondary inorganic aerosols. Refiners must focus on relationships with suppliers and other logistics companies now to negotiate term deals for fuel. Environment Freight and Logistics Guest Blog Post Transportation Freight Management IMO 2020 Ocean Freight

Who Should Be In The Winner’s Circle?

Supply Chain Shaman

The topic of the meeting was the logistics to launch of the AMR Research Top 25. The methodology did not include a peer group analysis, and I strongly felt that chemical, retail, and telecommunications companies should not be compared in the same analysis.

Supply Chain Risks: Which Are Top of Mind Today?

Talking Logistics

Supplier viability is a major concern of supply chain leaders and procurement professionals today when committing their direct materials to specific trading partners,” said David Cahn, Director of Product Marketing at Elemica , in a recent episode of Talking Logistics. The chemical and process industries, which are very regulated, have an additional layer of risk: the movement of very hazardous materials between buyers, sellers, and logistics service providers.

Beroe Founder Vel Dhinagaravel speaks at NC State on Origins of Company

NC State SCRC

Listening to him reminded me of the fun we had starting up the first ever company to produce supply market intelligence focused on the procurement space. Today, Beroe is the most successful procurement intelligence company, and continues to lead the pack in this space. A week in, the head of logistics procurement quit – and I became the new head of logistics procurement, managing over 300 truck movements.

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Letter from the CEO: Coronavirus Market Update

Transplace

Industrial and chemical sectors are maintaining at seasonally expected shipping volumes as of this time. Also, provide weekly data and reports to operations and procurement teams. In addition to offering capacity, our transportation experts are able to help with on-time service and network optimization, and continue to offer procurement, consulting, and engineering expertise. Letter from the CEO: Coronavirus Market Update.

Don’t Blame Purchasing! (The Hardest Job in the Enterprise)

Supply Chain View from the Field

Over the last week, I’ve had the opportunity to speak with a number of individuals about how important it is to change people’s view of the procurement function. Up to now, let’s face it, procurement people haven’t always been the most popular folks around the water cooler. But in the last two years, I’ve personally witnessed a change in how people are starting to view the procurement function.

Five Keys to Cold Chain Success with Tyler Hildebrand

The Logistics of Logistics

As a freelance marketer, I often worked closely with clients in the transportation and logistics space, so I began to understand the business. Transitioned to transportation and logistics when a recommended me for an opportuniy. A cold chain is a temperature-controlled supply chain for perishable food products, pharmaceuticals, and chemicals in order to maintain their quality and increase their shelf-life. Update procurement and carrier agreements to include FSMA provisions.

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Craig Reed from Dupont: Battle Tactics for Technology Innovation

NC State SCRC

A good friend, Craig Reed, presented this morning at the ISM Global Procurement Tech Summit. He has a long history in procurement, working Eaton, MWV, Delta, Deere, BMW and Honda, and he is also an ISM Board member. Dupont announced that it would merge with Dow Chemical – creating one of the largest companies in that industry. At my last company – he understood the opportunity for sourcing and logistics.

Show Me the Money: MH&L’s 2018 Salary Survey

Material Handling and Logistics

Our annual salary survey reveals that the typical material handling and logistics professional earns $93,697. The single biggest challenge facing the industry is lack of qualified workers in all aspects of logistics.” purchasing/procurement manager with a manufacturer of building equipment with 21-25 years of experience, living in the South Atlantic region and earning $36,00. And what does this “typical material handling and logistics manager” look like?

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

However, commonly used KPIs used by supply chain executives are usually focused on logistics performance (e.g., Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times. EIPC is responsible for procuring the SUBWAY® brand’s food, packaging, equipment, utilities and services for over 4,000 SUBWAY® stores across Europe – by negotiating price, supply and distribution terms.

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Ship Smarter: How to Avoid Bottlenecks in Your Global Operations

ThroughPut

Even at some of the world’s best supply chains, redirecting chemicals and other products is a Herculean effort. Being a former geo-marketing manager, I can tell you that a global view of operations can help you appreciate the people and logistics necessary to get goods from one location to another. On the contrary, you should be exploring all your procurement options globally, nationally, and locally. You can’t just turn around a giant cargo ship.

Supply Chain Risk and My Online Order

Talking Logistics

One can presume, based on the chemical composition of the cologne, that many of the ingredients originate from different countries. According to the International Journal of Physical Distribution & Logistics Management , supply chain risk management (SCRM) is “the implementation of strategies to manage both everyday and exceptional risks along the supply chain based on continuous risk assessment with the objective of reducing vulnerability and ensuring continuity.”.