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Total Cost of Ownership Procurement Model Failure – What’s Missing?

Supply Chain Game Changer

Many businesses use some form of Total Cost of Ownership model to support their Procurement and sourcing decisions. In fact these models are not just used casually, but they often are designed to inform and make optimal sourcing choices. Typically and historically sourcing decisions were predominantly based on unit price.

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We Are In Trouble. Raise the Red Flag. Be Proactive.

Supply Chain Shaman

Our logistics systems are inadequate for what we are going to experience in the coming months. Labor shortages abound for road freight. The Freight Rates for a 40 foot container from China to the west coast of the United States is quadruple the price of a year ago. The Baltic Index: Comparison In Price. Price Increases.

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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. Be demand driven.

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Skillfully Managing Manufacturing Reshoring Projects

GlobalTranz

There’s more involved in successfully reshoring a foreign manufacturing operation back to the U.S. than simple cost comparisons. Reshoring is a hot topic in manufacturing. These “Bring Manufacturing Back” initiatives have many moving parts and require careful planning and execution and very skillful project management.

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Capitalising on Supply Chain Digitisation with Robotic Process Automation – 10 Areas of Opportunities – LogiSYM August 2020

The Logistics & Supply Chain Management Society

Procurement. RPA can automate the uploading of reporting and contract data for transactions from contracts into Transportation Management Systems (TMS) or Enterprise Resource Planning (ERP) systems with greater speed and accuracy. Purchase Order Management. Freight Management. Returns and Refunds Processing.

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The Green Corridor – Optimal Tech for Green Logistics – Making Emissions Visible

The Logistics & Supply Chain Management Society

Accounting systems and other operational management systems simply don’t bother to measure waste and in particular, GHG emissions. Raw materials, parts and services are currently all running through supply chains and manufacturing processes and emitting GHGs. Arcstone sells digital systems to optimize manufacturing.

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Q3 2021 Trucking Trends and Freight Market Update

Zipline Logistics

The freight market has been on the receiving end of several systemic shocks that continue to affect industry providers and shippers alike. And when you add in the current labor and commodity shortages along with an inflationary environment, it is apparent why freight rates have been steadily climbing.

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