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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. At the heart of it all, an effective procurement strategy remains paramount.

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Driving Sustainable Supply Chain Change

The Logistics & Supply Chain Management Society

Source: IDC FutureScape: Worldwide Supply Chain 2022 Predictions — APEJ Implications. Tender documents and responsible source guidance are requiring suppliers to show evidence of their actions to support ESG initiatives, as well as the actions of their suppliers. LogiSYM Supply Chain Magazine – April 2022.

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Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains

The Logistics & Supply Chain Management Society

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

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Accelerate your digital transformation with Intelligent Automation and RPA

The Logistics & Supply Chain Management Society

Process Automation: Logistics and supply chain industry vertical is heavily reliant on manual rule-based processes and their workforce spend significant amount of time managing documents such as bills-of-lading, invoices etc. RPA tools can help to capture, store, and extract data/records/files from unstructured sources.

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Risk Management in Halal Supply Chains

The Logistics & Supply Chain Management Society

He is also an Adjunct Professor with UTM Azman Hashim International Business School in Malaysia, conducting research on halal procurement strategy, halal supply chain management, and halal risk and reputation management. This trend is also better known as the evolution of halal or when applied to an organisation: the corporate halal maturity.

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Can Technology Improve Contract Renewal Processes? Paper 4 in the Series on Contract Management

NC State SCRC

Lots to think about here… and also a great precursor to our upcoming SCRC meeting on the interaction between marketing and procurement. Contract management is a key stage within the strategic sourcing process. Another inclusive technological option for contract management is a document management system.

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Do You Know How Much Your Company is Spending? A Spend Analytics Checklist

Supply Chain View from the Field

The leading IT magazine, CIO Review, today published a special issue on supply chain transformation, and included an article I wrote on spend management as a core capability. This is an important input into strategic sourcing).