Demystifying Transportation Sourcing – A Practitioner’s View

EC Sourcing Group

Demystifying Transportation Sourcing. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. Applying sound sourcing principles will enable you to unlock value.

Demystifying Transportation Sourcing – A Practitioner’s View

EC Sourcing Group

Demystifying Transportation Sourcing. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. Applying sound sourcing principles will enable you to unlock value.

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Demand-Driven Transformation at Shell

Supply Chain Shaman

Located in the United Kingdom (UK), he has more than twelve years of experience in progressive roles driving demand-drive projects for their global supply chain. At the Supply Chain insights Global Summit , Nick shared his story on driving demand-based improvements. It is just not enough to do a software upgrade or slowly push continuous improvement projects. He did this first by implementing demand sensing from Terra Technology (now E2Open) eight years ago.

The Top 5 Reasons You Need a Transportation Sourcing Solution

Talking Logistics

If you are buying widgets, there are many ways to make your purchase, from going to a retail location, ordering online or using a standard procurement software tool that allows you to order lots of widgets and receive them over a specified period of time. Here are the top five reasons you need a transportation sourcing solution: 1. Freight sourcing is as unique and complex as the transportation industry itself.

Build Supply Chain Resilience with a Diverse Sourcing Strategy 

Logility

And they’ve had little to no time to recover from raw material and labor shortages, supplier and factory failures, transportation delays, and rising costs while encountering unpredictable demand. Developing Diverse, Resilient Sourcing Strateg ies.

Achieving Significant Transportation Savings through Improved Demand Forecasting

Logistics Viewpoints

When companies implement a demand management or replenishment system, the goal is usually to improve customer satisfaction while holding less inventory. Their operations include bulk gas storage and delivery, cylinder filling and community distribution gas systems.

The Importance of Transportation Visibility

Logistics Viewpoints

I am working on my latest Transportation Execution and Visibility Systems study, which looks at the total size of the market, the forecasted growth through 2025, and the leading suppliers across a number of categories including industry, region, customer size, and mode.

Meet Demands For Supermarkets With AI-Driven Demand Forecasting

ThroughPut

A shift from physical grocery stores to digital grocery stores is indicative of a shift from traditional shopping practices to demand-driven buying practices. When demand can be anticipated with accuracy, it can be delivered efficiently with demand forecasting techniques. .

Is Single Sourcing, or Sole Sourcing, Dead?

Supply Chain Game Changer

Lockdowns have resulted in the temporary closure of Manufacturing and Distribution facilities and discontinuation of Logistics and transportation modes. Additionally dramatically higher demand for household supplies (eg. What is Single Sourcing or Sole Sourcing?

?Best Practices to Improve OTR Transportation

GlobalTranz

Managing OTR transportation through disruption is a complex process. We’re sharing seven best practices to improve OTR transportation management, enabling shippers to stay competitive in the face of disruption. Forecast Demand?with?Analytics. Across OTR Transportation Modes.

The Setting of Global Transportation Systems

Abivin

Internal combustion engines, jet aircraft, and shipping containers all played a role in the development of global transportation networks during the twentieth century. When cars were widely available, oil and other raw resources such as steel and rubber saw an uptick in demand.

Demand Driven: Can We Sidestep Religious Arguments?

Supply Chain Shaman

Unfortunately, I think the concept of “Demand Driven” is headed down the same path. Let’s face it, the definition of demand-driven is evolving. The 1990’s technologies of Advanced Planning (APS) along with Distribution Requirements Planning (DRP) and Material Requirements Planning (MRP) amplify the bullwhip effect within the supply chain resulting in the loss of agility and an inflexible response for the long tail. Demand-Driven Definitions.

Does Your Company Have A Solid Transportation Procurement Strategy?

Logistics Viewpoints

The logistics marketplace is dynamic and demands attention to truly optimize and enable strategic advantage. Supply Chain professionals have a tremendous amount of demands and pressures to be aware of and transportation procurement is one of those pressures. There is a need, a growing need to drive better performance and outcomes from sourcing events. Procurement/Sourcing Transportation Transportation Management Systems transportation sourcing

Achieve the Environmentally Sustainable Supply Chain Consumers Demand

Logility

Through the intelligent use of technology, organizations can meet these goals and reduce the environmental impact of their supply chains to improve environmental stewardship, reduce damage to the planet, and ensure that sourcing is done sustainably.

Autonomous Planning in Supply Chain: 4 Must-Haves for Next-Generation Platforms

Logistics Viewpoints

When my fiance heard about the price, he advised that I find a local hairdresser and set up a frequent-shopper account with them for a few months until the tool is back in stock. The planning platforms need to evolve with changing business needs. Can these systems be easily replaced?

Weekly Transportation Services Market Review

Intelligent Audit

While countless new machine learning technologies can multitask, running thousands of data points at once, it can be difficult for team members to decide how to split their time best. UPS Updates Peak/Demand Surcharges. Transportation Transportation Services

Four Steps to Better Demand Forecasting

Logility

There are libraries full of algorithms that are relatively easy to implement in software, but the math is only as good as the data it’s applied to. Managing spikes in the data that may or may not be real demand. In short, sales history is the best measure of future demand.

Modern Transportation Management Software Demands Carrier Connectivity

GTG Technology Group

Anyone in the shipping and transportation industry recognizes the importance of carriers. Automated carrier networks and cloud-based carrier connectivity are vital aspects to this overall system. With increasingly complicated logistical and resource issues arising, Transportation Management Software (TMS) must remain at the forefront of technology to stay afloat. Alternatively, they can purchase a blank-slate system and build their own. Sources: [link].

The Case for Less Silos, More Intelligence in Supply Chain Management

Talking Logistics

Source: “The Case for Less Silos, More Intelligence in Supply Chain Management,” webcast presentation by Adrian Gonzalez, Adelante SCM. Source: “The Case for Less Silos, More Intelligence in Supply Chain Management,” webcast presentation by Adrian Gonzalez, Adelante SCM. For example, I remember speaking with the Director of Transportation Services at a large CPG manufacturer a few years ago. Break down your supply chain functional silos.

Research in Focus: Sourcing Trends and Concerns

Talking Logistics

Below is an excerpt from a report published recently by Amber Road and the American Association of Exporters and Importers (AAEI) titled “ The Trade Trends Report: 2017 Report on Sourcing, Trade, and e-commerce.” Sourcing is the heart of today’s global supply chains, and decisions made on sourcing impact everything from transportation and shipping costs, to both social and regulatory compliance concerns. Transportation costs ranked second, and labor costs ranked third.

My Take: E2open Buys Terra Technology

Supply Chain Shaman

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. Today I am writing my take on the acquisition of Terra Technology by E2open. History of Terra Technology. Terra Technology is 15-years old. The initial software product release name was Real-Time Forecasting. The product naming convention changed to Demand Sensing (DS) in 2005.

What is Transport Geography & How important is it?

Abivin

Transport geography is a subfield of geography concerned with the spatial organization of the mobility of people, goods, and information. In a perfect society, transportation would be effortless in terms of cost, time, and capacity, and it would have boundless geographical reach.

Transportation and Commercial Geography: The Intimate Relationship

Abivin

Even if there has been a significant increase in production capacity, economic systems will still be focused on trade and transactional activity since specialization and efficiency necessitate interdependency. This can be a matter of supply and demand. Transportation Management System

The Transportation Execution and Visibility Market Heats Up

Logistics Viewpoints

I recently completed my latest study on the transportation execution and visibility solutions market. Transportation execution allow shippers to connect to multiple carriers and then tender, track, and pay in the system. Improved Technology.

Using Technology to build Sustainable Supply Chains

The Logistics & Supply Chain Management Society

However, there is now a growing appreciation that going green correlates with increased profit as demand for products with sustainable credentials grow and Asian companies get set to move up the value chain. And technology has a key role to play in the journey.

Sourcing – What You Need To Know About Coronavirus Supply Chain Disruption

Gravity Supply Chain

Sourcing: Mitigate risk during periods of supply chain disruption, such as those caused by the Coronavirus outbreak, by using digital technology. . The post Sourcing – What You Need To Know About Coronavirus Supply Chain Disruption appeared first on Gravity Supply Chain.

The Transportation Execution and Visibility Heats Up

Logistics Viewpoints

I recently completed my latest study on the transportation execution and visibility solutions market. Transportation execution allow shippers to connect to multiple carriers and then tender, track, and pay in the system. Improved Technology.

How Safety Stock Absorbs Demand Volatility

ToolsGroup

Demand volatility is cited by Gartner, IDC and other analyst firms as the number one obstacle identified by corporate executives to achieving their supply chain goals. That’s because inventory planning and demand forecasting are two sides of the same coin. Demand forecasts attempt to predict future demand. Safety stock compensates for forecast inaccuracy and demand fluctuations, covering the demand until the supply chain can replenish the gap.

Another Supply and Demand Shortage That Warrants Attention- Tech Implementation

Supply Chain Matters

The Supply Chain Matters blog provides supply chain management teams a caution regarding a growing demand and supply imbalance for technical development resources associated with transformation programs.

Is A Customer-Centric Strategy the Same as Demand-Driven? Outside-In?

Supply Chain Shaman

The client leaned across the table and asked, “Is a customer-centric supply chain strategy the same as a demand-driven supply chain strategy?” I asked the group to think of demand-driven concepts as the enabler of customer-centric strategies. They are not the same, and the delivery of a demand-driven strategy does not mean the company will enable a customer-centric supply chain, or build/implement outside-in processes. Demand Sensing. Demand Shaping.

The Transportation Supply Chain: Transportation’s Role in Supply Chain Management to Lower Total Costs

GlobalTranz

In order to avoid incidents of mismatch between supply and demand, establish more efficient manufacturing and lower costs, it is necessary to establish an environment of consistent supply chain visibility. Everything from sourcing raw materials, manufacturing, to the sales channels which feed supply for a finished product are essential factors. One of the often missing links, however, in supply chain visibility, is transportation management.

More than a TMS, Alvys spares carriers from needing multiple software solutions

The Supply Chain Journal

When demand surpasses the capabilities of a business, growing pains make it difficult to scale operations. The juggling act of sourcing, fulfillment and management often distracts logistics providers from the business at hand, as each department requires more attention.

Building a Business Case for Improved Demand Forecasting

ToolsGroup

I’ve always maintained that improving demand forecast accuracy, as helpful as it can be, shouldn’t be the end goal itself, but simply a means to the end. Use benchmarking to identify gaps and opportunities in demand forecast capabilities - Gartner says that you can make your business case more compelling by demonstrating the gains others have won through demand planning improvements. 2% reduction in transportation costs (percent of sales).

LaserShip names Mike Roth, top Amazon logistics executive, interim CEO: Source

The Supply Chain Journal

For nearly 10 years, Roth has been Amazon’s ( NASDAQ:AMZN) vice president, North American operations, responsible for fulfillment center, supply chain and transportation operations, according to his LinkedIn profile.

5 Actionable Steps: An Ultimate Guide to Demand-Driven Inventory Replenishment Planning

ThroughPut

Demand-driven Inventory Replenishment Planning. As per the world reports of global goods shortages , optimized replenishment planning with demand drivers, has become a necessity. However, markets and vendors struggled to fulfill this demand the second time around.