EC Sourcing Group

SEPTEMBER 6, 2022

Why You Should Choose Companies with Green Supply Chains. There is no denying that companies with green supply chains are becoming more and more the norm. It also contributes to reducing a company’s carbon footprint, which makes it more attractive to consumers. Key questions to ask include: How much waste am I producing?

Material Savings 52

Material Savings Waste Reduction Supply Chain Software Vendor Strategies 52

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Efficiently managing these processes is vital for companies to meet customer demands, minimize costs, and maintain a competitive edge. Through machine learning and data analytics, companies can gain valuable insights from extensive datasets, supporting decision making.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

The Logistics of Logistics

AUGUST 29, 2019

[00:38] Please introduce yourself and your company. Right out of college, I worked at a logistics company in Atlanta. 04:37] Tell us about the world’s largest company. We found equipment and materials that can’t be sourced locally. Then, we buy and ship it to get oil out of the ground. It’s Saudi Aramco.

Saudi Arabia 113

Saudi Arabia Logistics Network Optimization Software Company Procurement Analytics 113

Talking Logistics

AUGUST 20, 2018

The research, produced by Adelante SCM and presented by BluJay Solutions (a Talking Logistics sponsor), was conducted to explore the links between supply chain management innovation, customer experience, technology adoption, and company performance. Customer Experience: A Bigger Focus for High-Performing and Innovator Companies.

Innovation 100

Innovation Company Cost Reduction Strategies Logistics Network Optimization Software 100

Supply Chain Shaman

JANUARY 31, 2022

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Source E2open Shipping Index). As companies grappled with growing and achieving global scale, the organizations became larger. To understand the phenomenon , the 2019 GDP was 2.16%. Focus on Cost.

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

Talking Logistics

APRIL 29, 2015

Unfortunately, many retailers are jumping in without a plan — that is, they are taking a short-term, silo’ed approach to transportation sourcing and execution, and as a result, are failing to meet their desired outcomes. Also, is multi-functional engagement important and, how does omni-channel impact transportation sourcing?

Sourcing Strategies 100

Sourcing Strategies Sourcing Transportation Cost Reduction Strategies 100

GlobalTranz

NOVEMBER 30, 2021

When you track transportation metrics and KPIs like transit time, on-time pickups, and percent of truckload capacity utilized across your carrier partners, you can identify trends and opportunities for streamlined OTR transportation management. Across OTR Transportation Modes. a shipment?doesn’t OTR transportation optimization?is

Optimal Sourcing 221

Optimal Sourcing Rail Software Transportation Sourcing Strategies 221

BlueYonder

JANUARY 24, 2023

Significant Upheaval Terence: From collaboration to planning to control towers and logistics, automotive companies and suppliers are digitalizing processes and systems at a historic pace to improve competitiveness, profitability, and customer-centricity. Terence: Are automotive companies doing something about these disruptions?

Automotive 69

Automotive Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 69

Supply Chain Shaman

FEBRUARY 7, 2022

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Source E2open Shipping Index). As companies grappled with growing and achieving global scale, the organizations became larger. To understand the phenomenon , the 2019 GDP was 2.16%. Focus on Cost.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Logistics Viewpoints

JULY 22, 2021

The process as is implemented in many companies focuses on balancing demand and supply based on preestablished rules and policies that serve as guardrails for the planning process. Then the process was put to test in recent times, as increasing demand and supply side shocks caught companies flatfooted.

S&OP 244

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 244

SYSPRO Smarter ERP

APRIL 24, 2023

This process involves multiple stages, including receiving the order, getting parts and materials, manufacturing or assembling the items, picking and packing in the warehouse, shipping, and tracking the shipment to ensure successful delivery. Sourcing and receiving — most companies use suppliers to provide parts or materials or a product.

Optimal Sourcing 105

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Modeling 105

Logistics Viewpoints

JUNE 26, 2023

In 2019, Will Beery was appointed the vice president and tasked with leading the company’s global digital supply chain transformation. Mars is one of the largest fast moving consumer goods companies in the world. The company revealed last year that they have revenues of $45 billion. One of those companies was Aera Technology.

Supply Chain Planning Software 207

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 207

Logistics Viewpoints

JUNE 1, 2023

Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions. Here are some highlights from these trends in 2023 and implications on supply chain planning.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

Logistics Viewpoints

MARCH 27, 2023

When it comes to running a company, when things break down executives have traditionally said “we need to improve our forecasting!” Unfortunately, most companies cannot, and will never be able to, consistently rely on highly accurate forecasts. Would better forecasting accuracy be a good thing? Absolutely! When will the recession hit?

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

Unleashed

APRIL 21, 2024

Once confirmed, the ordered items are picked from your inventory, sorted, packed, and shipped to the customer. Inventory sourcing: The locations of ordered items are identified in the warehouse or distribution centre – or reordered from the supplier if no stock is available. Shipping: The order is handed over to a delivery service.

Inventory Management Software 52

Inventory Management Software Analytics Software Supply Chain Design Software Demand Planning Software 52

Supply Chain Shaman

MARCH 18, 2018

Financial reengineering focuses on the optimization of short-term results that are usually based on a functional analysis of source, make, or deliver. Few consultants understand the interrelationships between source, make and deliver. Snow fell last night as I worked on my last Supply Chain Metrics That Matter report.

Optimal Sourcing 169

Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization Supply Chain Design Software 169

Precoro

NOVEMBER 13, 2023

Financial efficiency, cost savings, and profitability undoubtedly fall under the main priorities of upper management, regardless of a company’s industry. One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. Why Is Purchase Price Variance Important?

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

SCMDOJO

MARCH 19, 2024

This data can be used to identify areas for improvement and make informed decisions about sourcing, production, and distribution. Procurement Procurement involves sourcing and acquiring the materials or products needed for production. Analyze performance metrics and implement improvements to enhance efficiency. Grab yours now!

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Supply Chain Game Changer

AUGUST 21, 2022

A solid supply chain and logistics strategy is essential for large companies. A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. Using a logistics-oriented strategy helps companies better understand their suppliers, improve customer service, and optimize shipping.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

SYSPRO Smarter ERP

NOVEMBER 3, 2021

The SCOR (Supply Chain Operations Reference) methodology has six high-level business activities that define the supply chain – plan, source, make, deliver, return, and enable. can be measured to define this metric. This metric will require investigation of specific processes and functions in order to uncover underlying issues.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

Supply Chain Shaman

OCTOBER 25, 2021

Containers wait at each ship node for the chassis. Manage Make, Source, and Deliver Together. As a result, companies make the wrong decisions. In Figure 1, I share what this looks like for a company currently participating in the Project Zebra testing. Volume is up. Container inventory is imbalanced. What to do?

Analytics Software 195

Analytics Software Analytics Supply Chain Design Software Supply Chain Planning Software 195

OptiProERP

APRIL 9, 2024

Shipping and Logistics Once products pass quality checks, they are prepared for shipping. Integration with shipping carriers and real-time tracking systems enables transparency and accountability throughout the supply chain. Continuous improvement initiatives help enhance product quality and customer satisfaction.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 52

Kinaxis

SEPTEMBER 6, 2016

by Dr. Madhav Durbha Supply chain risks in the spotlight: Effects of Hanjin Shipping filing bankruptcy protection. A few days ago, the world’s seventh largest container shipping company by volume, Hanjin Shipping, filed for bankruptcy protection. According to sources, Stevedores are demanding advance payment in cash.

Supply Chain Planning Software 100

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Shipping 100

Supply Chain Shaman

OCTOBER 25, 2021

Containers wait at each ship node for the chassis. Manage Make, Source, and Deliver Together. As a result, companies make the wrong decisions. In Figure 1, I share what this looks like for a company currently participating in the Project Zebra testing. Volume is up. Container inventory is imbalanced. What to do?

Analytics Software 195

Analytics Software Analytics Supply Chain Design Software Supply Chain Planning Software 195

Supply Chain Shaman

MARCH 5, 2019

While there are many types of visibility (see Figure 1), the most common use case is either sourcing or transportation visibility. In many deployments of telematics, companies get visibility on truck status, but the data is an overkill. As shown in Figure 2, many companies do not know the location of second and third tier suppliers.

Supply Chain Design Software 282

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 282

Logistics Viewpoints

JULY 27, 2021

As driver pay increases, so does the incidence of drivers jumping ship, switching companies for the next best payday. Deploying driverless vehicles could take a significant bite out of operating costs, considering that approximately 75% of company expenses are tied up in labor. Curiouser and Curiouser. In a word, it’s data.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Predictive Analytics Software 246

Supply Chain Game Changer

NOVEMBER 20, 2018

Doing business with suppliers located overseas or in another country can be an overwhelming and daunting task even for expert Sourcing professionals. He had a marketing plan. But beyond that he had no idea on where to start to source his product. Check out What is Virtual Procurement and Why Should You Care?

Manufacturing Procurement 44

Manufacturing Procurement Optimal Sourcing Sourcing Supply Chain Planning Software 44

ShipBob

SEPTEMBER 13, 2021

But, for merchants either looking to launch a brand or grow their existing online store, it’s no secret that shipping has become more complex and expensive. Luckily, multi-carrier shipping software solutions for 2021 simplify shipping, so that brands can focus on what’s most important — growing their business.

Procurement Solutions 52

Procurement Solutions Supply Chain Network Software Supply Chain Software Supply Chain Design Software 52

QAD

NOVEMBER 8, 2022

Jennifer focuses on four supply chain approaches to meet quality and efficiency targets and achieve production promises: Broadening multi-sourcing and the use of near shore suppliers. Ensuring executive buy-in on the importance of supply chain resilience should be threaded throughout the company’s strategic planning and daily operations.

Optimal Sourcing 96

Optimal Sourcing Supply Chain Optimization Sourcing Strategies Price Mitigation Strategies 96

Talking Logistics

AUGUST 13, 2018

Companies across all industries are dealing with rising transportation costs and a key question many CEOs, CFOs, and supply chain executives are asking is, “What can we do to better manage and control our freight spend in today’s market?” One area that can quickly yield benefits is in parcel shipping. Data-driven Optimization.

Negotiating Skills 103

Negotiating Skills Optimal Sourcing Optimization Software Price Mitigation Strategies 103

GlobalTranz

OCTOBER 10, 2017

Using technology to improve last mile metrics is essential to driving last mile costs down, but how do shippers know if the technology is helping or hurting? Essentially, shippers need to track these 11 metrics. On-Time Deliveries Are King of Last Mile Metrics. Fuel Consumption Rates. Planned Versus Actual Mileage.

Metrics 153

Metrics Cost Reduction Strategies Logistics Network Optimization Software Waste Reduction 153

crisp

DECEMBER 15, 2021

This is a huge commitment, especially for smaller companies. These ‘ driver metrics ’ can give you an early signal to act on before your outcome is impacted. Reduced OOS is our outcome, but we still need to build out the driver metrics to understand steps leading up to it. Is the warehouse shipping goods on time?

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

Unleashed

NOVEMBER 15, 2021

Mass customisation can generally only be achieved by a company that works smarter, not harder. A modular approach means a company can standardise the components it buys or produces. Then back-end systems pair tailored financial products and services to the customer based on those metrics.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Forecasting Software 98

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

Early in the pandemic, the company organized an airlift of two flights per week to deliver several hundred million masks from China to France. CEVA Logistics is taking a lead in the air cargo industry to reduce the logistics-related impact on the environment at the source by creating demand for more sustainable aviation fuel (SAF).

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

Supply Chain Cowboy

MARCH 1, 2015

But is your scorecard missing key metrics? It includes a free Excel template that you can modify to match exactly what metrics you want to measure. While some of these metrics might not apply to your business model, there’s definitely a few to add if they measure something important to you and your customers. Communication.

Vendor Strategies 40

Vendor Strategies Metrics Price Reduction Expense Reduction 40

The Logistics & Supply Chain Management Society

MARCH 14, 2023

Some examples of these would be the Xeneta Shipping Index, Freightos Freight Rate Index, Container Trade Statistics Price Index, and the Drewry World Container Index. Most companies outsource >50% of their logistics services and we are often challenged with escalating logistics rates with poor reliability.

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

Requis

OCTOBER 30, 2020

He has been helping companies design more profitable supply chains for over 25 years, most of them as founder and CEO of Logistics Bureau. It was far more fascinating than military logistics, so within a few years I decided to leave and headed out to Australia and worked for a consulting company for two or three years.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52