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The Approach to Effective Freight Procurement

The Logistics & Supply Chain Management Society

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. Service Providers are to revert to the RFP/RFQ based on the timeline indicated on the document.

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Strategic Procurement: 4 Tactics for Economic Recovery in 2021

ivalua

When Covid-19 hit, supply chains across the globe nearly came to a halt. According to Accenture, 94% of Fortune 1000 companies saw supply chain disruptions and 75% had negative or strongly negative impacts on their businesses due to the pandemic. Procurement Teams Step-up.

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Two Key KPIs to Measure Your Invoice Automation Program

Taulia

The procure-to-pay process can be streamlined in a number of different ways, and one of the most important tools available is invoice automation. For many companies, the processes involved in paying suppliers are highly manual and inefficient – so there are plenty of opportunities to automate these processes.

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6 challenges facing medical device manufacturers and how ERP analytics can provide a cure

SYSPRO Smarter ERP

From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence. To contend with these pressures, medical device manufacturers crave actionable, real-time, accurate, and reliable data throughout the entire supply chain.

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Strategies for Managing Stress in the Workplace: Advice From 30 Experts Across the Globe

ToolsGroup

For example, as of March 2022, 81% of Americans say the supply chain is a significant source of stress. As Tom Derry, CEO of the Institute for Supply Management, shared in PBS , “It’s been the hardest year for logistics and supply chain managers,” Pafford said. Implement Time Management Software.

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Supplier Performance Management – The Ultimate Guide

SCMDOJO

Supplier performance management provides detailed information about the risks your suppliers may have, so you can take action to reduce or eliminate risks in your supply chain. Therefore, the success of supplier performance management directly affects the quality of the entire supply chain. How is it possible?

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Talent Trap

Supply Chain Shaman

Their supply chains are not improving corporate performance. Despite multimillion dollar technology projects, and tomes of strategy documents, they are stuck in their ability to overcome market factors and rising complexity to drive continuous improvement on a portfolio of metrics. I need to build talent.