Intelligent Audit

AUGUST 25, 2022

This standard method has helped countless businesses identify where transportation spend is going and where there is an opportunity to optimize. That said, companies can now access modern technology, such as machine learning, to improve the processes of gaining visibility and managing transportation.

Real-time Visibility 52

Real-time Visibility Transportation Management Supply Chain Planning Software Optimization Software 52

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

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. Price Lookup and Comparison. Another area where RPA is coming to the fore is in communication.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

SCMDOJO

JUNE 21, 2023

Companies with advanced supply chain practices excel in delivering quality third-party logistics management, SKU optimization, efficient transport management, and swift handling of B2B/B2C shipments. Two fundamental questions arise: the definition of procurement outsourcing and the most efficient approach to its implementation.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 94

Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. Alternatively, you can procure access to a digital freight benchmarking platform.

Benchmarking 68

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 68

Supply Chain Game Changer

SEPTEMBER 21, 2022

The Supply Chain industry provides vast employment opportunities, from procurement to warehouse inventory, management, and shipping. Freight brokers are often companies licensed by the Federal Motor Carrier Safety Administration (FMCSA) to arrange the transport and shipping of goods depending on their client’s needs.

Negotiating Skills 96

Negotiating Skills Freight Purchasing Skills Optimal Sourcing 96

Proxima

AUGUST 25, 2022

The city’s port lost around 45 percent of its trucking capacity this spring as the city ground to a halt, resulting in around 80 percent of vessels being delayed, in comparison to 20 percent two years previously. The threat of sudden lockdowns continues to loom over procurement teams.

Policies 91

Policies Global Manufacturing Procurement Supply Chain Software 91

Freight Plus

NOVEMBER 5, 2018

If you're buying on prepaid or delivered terms you're essentially allowing your suppliers to manage your freight and profit off the transportation costs. Once you separate the cost of goods from the cost of freight you'll need to approach your own carrier base for comparison rates. Transportation Management System.

Negotiating Skills 40

Negotiating Skills Purchasing Skills Negotiate Pricing Cost Reduction Strategies 40

Supply Chain Shaman

NOVEMBER 21, 2018

Spiraling transportation costs, tariff shifts and increased expectations for customer service sparks new interest in supply chain planning. Outsourcing–procurement, manufacturing and transportation– decreased visibility and increased data latency. Supply Chain Risk Drivers: A Comparison of Risk.

Supply Chain Planning Software 195

Supply Chain Planning Software Forecasting Software Supply Chain Planning Demand Planning Software 195

Supply Chain Shaman

SEPTEMBER 17, 2014

While the performance rankings were based on comparisons of inventory turns, operating margin and Return on Invested Capital (ROIC) for the periods of 2006-2013 and 2009-2013, the concept is that to be a supply chain leader you must outperform and drive improvement. Can you help us with what you see in the data?” ” Yes, I said.

Optimal Sourcing 298

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 298

Supply Chain Game Changer

JANUARY 25, 2022

However, the system had its limitation, and it took time for procurement and production. It will help transport too many coins and many more commodities, and it can work as an exchange in the barter system. Also, as discussed earlier, one can find some easily transportable and add up the coins for long and then gain good commodity.

Currency 91

Currency Supply Chain Planning Software Modeling Software Demand Planning Software 91

NC State SCRC

AUGUST 19, 2022

In particular, it is unusual in that material costs, labor costs, and transportation costs have all gone up, which is leaving producers with few options to avoid passing on those costs to consumers. It is advisable to conduct some research on cost models that can establish the breakdown of labor, materials, and transportation costs.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Modeling Forecasting 52

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. a world-class provider of freight forwarding, customs brokerage and surface transportation in Canada.”

Logistics Network Optimization Software 0

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

GlobalTranz

APRIL 25, 2016

Inventory measurement is critical and it is money after all in that it took a capital expense to procure. In comparison, the poorest-performing companies in the lowest quartile had a range of working capital between 23% and 39% as a percentage of revenues. The goal is to keep inventory levels at a minimum to meet customer needs.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Supply Chain Matters

JUNE 14, 2022

This index complies 27 different variables to include transportation movement and costs, global PMI sub-indexes reflecting delivery times and order backlog. A ccording to the May report , growth is increasing at a higher rate for inventory costs, warehousing utilization, warehousing storage prices, transportation capacity and utilization.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 52

Intelligent Audit

AUGUST 24, 2022

It facilitates this benefit in numerous ways, including by streamlining: Spend optimization Demand forecasting Demand accuracy Inventory optimization Procurement responses. To account for the perceived extra weight, the shipment went through the wrong carrier and transportation mode, costing the company thousands of dollars.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Negotiating Skills Supply Chain Planning Software 52

ThroughPut

FEBRUARY 23, 2024

You can conveniently work with the right suppliers by analyzing pricing, quality, and delivery times as the system helps you identify reliable suppliers, thereby, streamlining the procurement processes. Your shipments get re-routed with AI’s predictions of weather conditions and disruptions in transportation routes based on patterns.

Predictive Analytics Software 59

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

Intelligent Audit

SEPTEMBER 15, 2021

Procurement improvements can boost efficiency and visibility. Freight bill auditing can help in instances of double billing and overbilling, and invoice errors, calculated based on your contractual agreements, that are found and eliminated will effectively lower total transportation spending by the same value.

Waste Reduction 52

Waste Reduction Cost Reduction Strategies Analytics Software Resource Reduction 52

Locus

JUNE 3, 2022

parts per million, in comparison to the 1960 levels of 316.91 Transportation was redirected to be used in providing first aid, leading to supply chain bottlenecks, shortages and price hikes. Production and transportation activities are energy-intensive, which also means the potential for implementing greener practices lay here.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

TMC

SEPTEMBER 29, 2016

Managed services solutions offer transportation management system (TMS) software and third-party provider expertise in one package. The managed services space appears to be growing in all segments, including the one occupied by shippers with annual transportation budgets in the $10 million to $50 million range.

Logistics Network Optimization Software 48

Logistics Network Optimization Software Supply Chain Software Supply and Demand Supply Chain Network Software 48

Supply Chain Matters

JANUARY 16, 2024

Transportation Secretary Pete Buttigieg also indicated last week that regulators “ won’t be rushed ” into clearing the 737 MAX 9 model to fly again. Airbus, by comparison, has been much more conservative with its balance sheet, giving it greater resources to respond to the pandemic.”

Alaska 52

Alaska Manufacturing Procurement Price Reduction Sourcing Strategies 52

Enterra Insights

MAY 31, 2019

Most of us still trusted brick-and-mortar stores, we didn’t have price comparison services, and we were at the mercy of large corporations for discounts.”[2] 3] Marc Wins, “ 5 ways to adapt to changing Consumer Behavior ,” Procurement Academy, 11 March 2019. [4] ”[2] What has changed? Adapt your operating model.

Price Reduction 100

Price Reduction Cost Reduction Strategies Sourcing Strategies Omnichannel 100

SupplyOn

OCTOBER 2, 2018

SBB relies on RailSupply to significantly improve efficiency in purchasing and procurement logistics. The goal of this changeover was to significantly streamline the SBB’s purchasing and procurement logistics. In the initial step, SBB has connected 15 business partners from the Passenger Transportation Division on the supplier side.

Vendor Strategies 40

Vendor Strategies Optimal Sourcing Inventory Reduction Industrial 40

Freightos

JULY 26, 2018

By comparison, that’s almost as large as the15th largest US passenger fleet. Amazon currently lists about 17,700 full-time vacancies on its website, about 920 in the logistics and transportation sector. Amazon Air (once called Prime Air) boasts a fleet of 32 Boeing 767-300s, on track to grow to a sizeable 40 aircraft fleet.

Logistics Network Optimization Software 133

Logistics Network Optimization Software Data Logistics Supply Chain Planning Software 133

Supply Chain Matters

SEPTEMBER 3, 2022

Data comparisons to that of 2020 during the heights of the Covid-19 pandemic are meaningful. Whereas the coming four months are generally viewed as a peak period for production and global transportation resource needs, we sense far more muted levels with added risks of excess capacity prevalent. Bob Ferrari.

Manufacturing Procurement 59

Manufacturing Procurement South Korea Manufacturing Global 59

Talking Logistics

FEBRUARY 18, 2015

This occurs when someone who is in the shipping department may not be communicating back to A/P or procurement and the knowledge needed to really negotiate contracts to the best benefit of the company isn’t being shared. Episode Highlights Transportation Management financial visibility Kewill Larry Lewis supply chain visibility'

Supply Chain Visibility 100

Supply Chain Visibility Negotiating Skills Optimal Sourcing Supply Chain Optimization 100

Supply Chain Network

MARCH 2, 2012

Emptoris solutions bring more intelligence to procurement and supply chain operations with spend, supplier and contract management for Smarter Commerce. Extends Smarter Commerce capabilities to Chief Procurement Officers. Smarter Commerce helps organizations that are struggling to meet the demands of a rapidly changing market.

Optimal Sourcing 79

Optimal Sourcing Modeling Negotiating Skills Manufacturing Procurement 79

NC State SCRC

NOVEMBER 5, 2016

Contract analytics can provide a summary view on performance and pricing deviations, risks, statistics (expiry, renewal and pending), procurement and sales metrics. Should you do it in bulk, in pallets, or other channels based on transportation, spoilage, and consumption factors? For example, what is the best way to source sugar?

Negotiating Skills 40

Negotiating Skills Analytics Software Supply Chain Planning Software Modeling Software 40

Supply Chain Shaman

OCTOBER 8, 2019

Most can only measure functional costs—transportation, manufacturing, and procurement. Comparison of S&OP Effectiveness for SAP Users Versus the Rest of the Population. #9 . #5 A Focus on Functional Metrics Throws the Supply Chain Out of Balance. Only 29% of companies make decisions on the basis of total costs.

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

SCMDOJO

APRIL 3, 2022

Procurement specialists can use eAuctions to engage and negotiate with more vendors utilizing an organized approach which thus eliminates any need for cumbersome one-on-one meetings. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.

Vendor Strategies 140

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 140

Requis

MARCH 23, 2021

Sustainability should impact procurement choices, such as favoring lower embodied carbon products over higher embodied carbon products. Safety and quality became key buying factors during procurement. It got to the point where we would make procurement decisions based on safety. You want your suppliers to adopt a common ethos.

Material Savings 52

Material Savings Cost Reduction Strategies Resource Reduction Expense Reduction 52

RFgen

MARCH 8, 2017

A report published by AT Kearney & Rapid Ratings indicated that managing supply chain risk is not much of a priority for procurement. These problems could range from internal happenings (work shortages) to external events (a supplier closes shop or an environmental disaster disrupts the transportation of goods).

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Supply Chain Planning 52

RFgen

MARCH 8, 2017

A report published by AT Kearney & Rapid Ratings indicated that managing supply chain risk is not much of a priority for procurement. These problems could range from internal happenings (work shortages) to external events (a supplier closes shop or an environmental disaster disrupts the transportation of goods).

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Supply Chain Planning 52

Supply Chain Matters

OCTOBER 4, 2022

Contraction comparisons to that of 2020 during the heights of the Covid-19 pandemic are meaningful. As we further opined in our August summary, the themes telegraph the likelihood of more declining global supply chain activity levels extending to the end of 2022 and into 2023 as well.

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Trends 52

CH Robinson Transportfolio

APRIL 14, 2015

Flatbed Procurement: What’s Your Strategy? It’s important to recognize that where you fit within the seasonal nature of the flatbed market can impact how you build the rest of your flatbed procurement strategy. Where do you stand in comparison to your planned budget, the previous year’s results, and the market at large?

Price Reduction 34

Price Reduction Optimal Sourcing Procurement Strategy 34

Proxima

MARCH 20, 2020

Before more bottles of hand sanitizer can be made, the plastic bottles, packaging, labels, and raw materials will need to be transported. This chain of transportation is a vital link for all of us. I don’t believe we have ever seen a driver capability enabler like the above since deregulation hit the trucking markets in 1980.

Sourcing Strategies 45

Sourcing Strategies Manufacturing Procurement Material Savings Supply Chain Planning Software 45

Supply Chain Shaman

AUGUST 16, 2015

GT Nexus is one of the strongest providers of transportation visibility for the global ecosystem. While many will compare you to SAP, it is not a comparison. The Ariba infrastructure is so heavily entrenched in indirect procurement processes that it is hard to adapt to the solution to manage direct materials in the supply chain.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

Logistics Viewpoints

MARCH 17, 2022

In addition to incorporating the impact of special events and promotions at the SKU/Location level, it is possible to do probabilistic planning with different service targets, supplier performance risks, and transportation alternatives that evolve with the changing business dynamics. This is also referred to as “composability.”

Supply Chain Planning Software 276

Supply Chain Planning Software Forecasting Software Analytics Software Supply Chain Network Software 276