The Logistics of Logistics

AUGUST 25, 2023

With the highest level of service, unmatched industry experience and work ethic, and a laser focus on innovation and technology–our purpose is to improve the quality of life by delivering excellence in everything we do. Greenscreens.ai’s dynamic pricing infrastructure built to grow and protect margins. Episode Sponsor: Greenscreens.ai

Negotiating Skills 200

Negotiating Skills Third Party Logistics Logistics Network Optimization Software North America 200

SCMDOJO

APRIL 20, 2023

As a procurement Manager, you’ll play a crucial role in overseeing the purchasing and procurement process for a company or organization, making sure they get the best bang for their buck. Additionally, procurement managers must stay up-to-date on industry trends and best practices in order to make informed purchasing decisions.

Negotiating Skills 97

Negotiating Skills Optimal Sourcing Procurement Analytics Manufacturing Procurement 97

Supply Chain Shaman

FEBRUARY 18, 2021

The systems–based on shipment and order data–were out of step with the market. With fixed models and hard-wired data feeds, teams could not adjust the planning systems to use consumption data or market indicators. Next Steps: Start to model demand based on market data to align the organization on baseline demand.

Supply Chain Planning Software 315

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 315

SCMDOJO

MARCH 19, 2024

In essence, a structured supply chain department as described in the blog can help you deliver the right supply chain strategy and goals which helps cost reduction, improve customer service, on-time delivery, and better working capital. This avoids duplication of efforts and ensures a smooth flow of goods and services.

Optimal Sourcing 77

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 77

Supply Chain View from the Field

JULY 22, 2015

I had the opportunity to engage in a negotiation seminar with a large insurance company last week, and had the team work on a software contract role play. In the scenario, there was both a buyer and supplier, and there were multiple facets to consider in the negotiation. IP is always one of the most difficult issues to negotiate.

Pricing Training 60

Pricing Training Purchasing Training Negotiate Pricing Negotiating Skills 60

Talking Logistics

JUNE 30, 2015

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.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

SCMDOJO

JULY 28, 2022

The purchasing department purchases different types of goods and services. However, when you buy something, you may not always know all the suppliers that offer a particular product. This means that every time you host a sourcing event, the same suppliers bid on the same products at the same prices.

Negotiate Pricing 110

Negotiate Pricing Purchasing Skills Procurement Solutions Negotiating Skills 110

Supply Chain Shaman

JUNE 29, 2022

Concurrent macro forces–material shortages, war, shifts in consumer buying patterns, logistics constraints, inflation/recession, and climate change– are reshaping today’s reality necessitating the need for a supply chain reset button. Supply chain excellence happens when leaders manage complex non-linear flows.

Supply Chain Design Software 259

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 259

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

Concurrent macro forces–material shortages, war, shifts in consumer buying patterns, logistics constraints, inflation/recession, and climate change– are reshaping today’s reality necessitating the need for a supply chain reset button. Companies that tightly tether to enterprise transactional data will never buy the right stuff.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 130

Procurement Academy

MARCH 12, 2024

What is strategic cost management? In brief, strategic cost management is implementing effective cost optimization strategies that lead to improved profitability, operational efficiency, and resource allocation. To take a look at our new interactive eLearning format for one of our Future Skills courses, view here.

Optimal Sourcing 69

Optimal Sourcing Negotiating Skills Purchasing Skills Buyer Training 69

Logistics Viewpoints

DECEMBER 12, 2022

At Dow, Mr. Baker had Purchasing experience in raw materials, and logistics for their plastics supply chain. Getting independent business units to operate in a centralized supply chain structure would allow the company to have better leverage in procurement negotiations. One business unit has already made significant progress.

Supply Chain Planning Software 202

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 202

SCMDOJO

APRIL 4, 2023

By harnessing the power of data and analytics, companies can uncover valuable insights into their supply chain processes, pinpoint areas in need of improvement, and make informed decisions that can boost their bottom line. When it comes to managing a supply chain, having access to real-time data can be a game-changer.

Prescriptive Analytics Software 111

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 111

Supply Chain Opz

MARCH 31, 2015

What are the essential purchasing books you should read? In this article, we will uncover the best purchasing books to help you get the edge over competition. Background Historically, purchasing people are considered a kind of clerical workers who are expected to perform basic tasks such as document issuance and price negotiation.

Procurement Analytics 100

Procurement Analytics Purchasing Skills Eliminating Excel in Purchasing Negotiating Skills 100

Resilinc

FEBRUARY 20, 2024

In our Q&A, Shahzaib discussed predictive AI, which is used for supply chain disruption monitoring, hurricane simulators, commodity predictions, supplier screening, and predictive purchase orders. by analyzing past data. Data—particularly high-quality data and large amounts of data—is essential to predictive AI.

Predictive Analytics Software 90

Predictive Analytics Software Modeling Supply Chain Planning Software Supply Chain Software 90

EMERGE App

APRIL 5, 2024

As published by Global News Wire, wholesale distribution businesses are faced with escalating inflation, increasing interest rates, a poor labor market, and competition for talent and specialized skill sets. Warehouse cost A very first mistake in the wholesale distribution industry is underestimating the amount of warehouse cost.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Price Reduction Sourcing Strategies 52

Jaggaer

MARCH 30, 2020

“Big Data” is everywhere. The value of quality data has never been higher, and the power to process that data is more readily available than ever. To better understand the impact of big data analytics on procurement, we turned to industry veteran Walter Charles, CPO at Allergan, who sees big data as a major disruptor.

Big Data 99

Big Data Analytics Software Optimal Sourcing Sourcing Strategies 99

Unleashed

OCTOBER 6, 2021

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that that are each proven to reduce a company’s costs.?

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Supply Chain Game Changer

NOVEMBER 13, 2018

And What is Purchasing? From the starting point of the traditional buy-sell, transaction-based purchasing, the practice has moved through stages of change that redefines most aspect of the business. What is Strategic Sourcing? The fundamental objective of any organisation is lowering the cost of goods manufactured.

Manufacturing Procurement 73

Manufacturing Procurement Optimal Sourcing Procurement Analytics Cost Reduction Strategies 73

Supply Chain Shaman

AUGUST 16, 2018

Buying a car is overwhelming. I find the process of negotiation, and comparison shopping tiring. As we prepare for the Supply Chain Insights Global Summit , the Supply Chain Insights team is combing through the research data collected over the past six years. Supply chain planning satisfaction is a driver of excellence.

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Supply Chain Software Supply Chain Planning 150

Logistics Bureau

NOVEMBER 16, 2020

For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. The main lack of talent is in middle management, especially in big data analytics and supply chain planning, where the shortage is around 54%. Getting Started in Supply Chain.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Unleashed

MARCH 21, 2021

The procure to pay process is complex and far more than simply making a phone call, or sending a few emails to arrange the purchase of goods. Strategically approaching the procure to pay process can see your company reap the rewards. Negotiating. How much should they cost, how much are you prepared to pay? Creating POs.

Procurement Analytics 59

Procurement Analytics Procurement Solutions Manufacturing Procurement Optimal Sourcing 59

SCMDOJO

JULY 24, 2023

The primary objective of contract logistics is to optimize the flow of goods, information, and capital throughout the supply chain, facilitating efficient and cost-effective customer demand fulfillment. Additionally, its strategic location in proximity to Germany, France, and the UK adds to its appeal.

Logistics Network Optimization Software 92

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 92

Unleashed

OCTOBER 16, 2023

It encompasses the processes involved in purchasing, tracking, consuming, and relocating raw materials. It encompasses the processes involved in purchasing, tracking, consuming, and relocating raw materials. Productivity will also take a hit, as your processes will not be optimally streamlined.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Precoro

MAY 27, 2021

It can either make you a company's superhero or add extra headaches and purchasing risks because poor supplier management leads to the following problems: Missed saving opportunities and not enough leverage in negotiating with new suppliers. Anticipate and react to market volatility and price changes. Segment your suppliers.

Negotiate Pricing 52

Negotiate Pricing Supplier Management Procurement Analytics Negotiating Skills 52

Precoro

APRIL 6, 2022

In short, cloud computing allows accessing different IT resources via the Internet with pay-as-you-use pricing, rather than downloading them to your computer’s hard drive. These services include: Software; Analytics; Networking; Data storage; Servers and more. Three Categories of Cloud Procurement. Platform-as-a-Service (PaaS).

Procurement Solutions 98

Procurement Solutions Procurement Analytics Modeling Software Analytics Software 98

Locus

JUNE 13, 2022

At the symposium, they spoke about the on-ground realities that make last-mile optimization a mandate for companies, how a data-driven approach is essential for last-mile excellence and shared key insights from Locus’ journey of becoming a real-world ready dispatch management platform. Last-mile excellence is no more optional.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Optimization Software Eliminating Excel in Purchasing 52

Precoro

MARCH 11, 2024

However, certain healthcare delivery models don’t always prioritize these vital aspects, especially considering the ever-increasing costs of healthcare services. Yet there’s a proactive approach that addresses the high cost of healthcare: value-based purchasing (VBP).

Procurement Analytics 105

Procurement Analytics Procurement Solutions Purchasing Training Purchasing Skills 105

Jaggaer

MARCH 18, 2020

“Big Data” is everywhere. The value of quality data has never been higher, and the power to process that data is more readily available than ever. To better understand the impact of big data analytics on procurement, we turned to industry veteran Walt Charles, CPO at Allergan, who sees big data as a major disruptor.

Big Data 59

Big Data Analytics Software Optimal Sourcing Sourcing Strategies 59

Provenance

SEPTEMBER 25, 2018

Provenance is looking for a Partnerships Manager to support our Product, Sales and Marketing teams by developing relationships that result in strategic partnerships. Identify, approach and engage with potential product, data and technical partners. Prepare and present high quality business proposals to potential data partners.

Negotiating Skills 61

Negotiating Skills Supply Chain Planning Software Supply Chain Network Software Purchasing Training 61

Supply Chain Shaman

MAY 21, 2013

In the last five years, while the physician is still important, the buying decisions transitioned from the supplier to the care provider. Data driven discussions on patient satisfaction, readmittance rates and hospital-induced infections will be transformative. The focus has been on sourcing and managed costs.

Modeling 240

Modeling Modeling Software Pharmaceutical Procurement Analytics 240

Precoro

NOVEMBER 7, 2022

What different products or services does the staff need to purchase in order to produce pizza? Direct procurement , or direct spend , is the purchase of goods and services directly associated with the manufacturing of the company's final product. Typically, direct purchases are made in large quantities to get a bulk discount.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 52

Precoro

OCTOBER 2, 2023

Now, companies can handle the pre-PO procurement processes, identify purchasing needs, order and approve purchases, receive invoices, and pay for goods all in one system. Procurement simply can’t scale and focus on strategic activities while mired in transactional processes.” a driverless car).

Procurement Solutions 59

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Design Software 59

Freightos

JANUARY 8, 2019

Kuehne+Nagel was one of the first big freight forwarders to have price quotes and self-service directly on their homepage. Not to mention price quotes and other paperwork, customs forms, certificates of origin. Open data standards. Big data and AI. Hapag-Lloyd is also important to name.

Freight 150

Freight Pricing Training Negotiating Skills Purchasing Training 150

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. From whom are we buying? By how much?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

Freight Plus

OCTOBER 25, 2019

It’s indicative of a soft freight market, a drop in industrial production, and lower world oil prices. This, along with many other leading indicators (transportation data, inverted yield curves, lower GDP) still make the possibility of a recession in 2020 a real possibility. All excellent points. Russ: Normal. Chris Peckham. ?.

Negotiating Skills 40

Negotiating Skills Purchasing Skills Eliminating Excel in Purchasing Manufacturing Procurement 40

OptiProERP

JANUARY 17, 2023

At the same time, you don’t want to have too much inventory, as that results in carrying costs and waste. Suppliers can log into a portal to see purchase orders at any time, and the supply chain module can monitor how suppliers are performing. Resources must be fully utilized to avoid unnecessary costs. Job Costing.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Manufacturing Negotiating Skills 52

SCMDOJO

DECEMBER 11, 2023

From the Purchase Order (PO) Status Report to the RFQ Performance Report, each report is dissected to provide a clear definition and a deeper understanding of its significance. By providing comprehensive insights into procurement activities, these reports empower decision-makers to make informed and strategic choices.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16