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From Real-Time Visibility to Real-Time Decisions: Data’s Value Is Propagating Across Global Supply Chains

Logistics Viewpoints

The paradigm is shifting from foundational visibility to real-time decision-making, with positive implications for supply chain teams spanning sourcing & procurement, to production, to yard & DC operations and beyond. Some examples: Procurement and Co-manufacturing : What is the impact of inbound transportation issues on materials?

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7 Ways to Strategically Elevate Freight Procurement

Talking Logistics

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. As a strategic process, transportation procurement may still seem very tedious and challenging.

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Do You Need a Graph?

Supply Chain Shaman

Primed for transactional efficiency, these legacy architectures based on relational databases drive order-to-cash and procure-to-pay efficiencies. Creating data semantics is analogous to mapping grammar and style rules in content writing style guides (Think Chicago Style Guide 10). I term this our data jail. The So What And Who Cares?

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The Counter to Constant Supply Chain Volatility Is Pervasive Visibility and Industry Collaboration

Logistics Viewpoints

Raw materials are in short supply, many manufacturers have temporarily mothballed production lines, transportation costs are rising, and labor is getting tight on our roadways , railways and ocean vessels. He lives in Chicago. The impact?

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Future of Procurement Study Available

Supply Chain View from the Field

I recently completed a study of 25 CPO’s, each providing their view of what procurement will look like in 2025. Procurement has a history that is linked in the core concepts of centralization, volume leveraging, and cost reduction. i] Charles Babbage, On the Economy of Machinery and Manufacturers, 2nd ed.

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Supply chain risks: The knowable unknowns that can hurt your supply chain!

Kinaxis

An extreme example of this is a ride from Chicago to Colesburg, Tennessee taking 18 days, 13 hours, and 57 minutes! For example, let’s say you modeled the lead time from “supplier A” to your manufacturing facility as 7 days. This has resulted in significant delays and disruptions in shipment deliveries.

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Supply Chain Outlook 2015: Looking to the Future

Supply Chain View from the Field

I presented at Supply Chain Outlook 2015, an event hosted by the Supply Chain Management Review in Chicago on Monday morning. I had a chance to engage with the audience on a spirited discussion of how procurement needs to seize the opportunity to expand its role through increased business value drivers to the business.