The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

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.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

Unleashed

JANUARY 10, 2023

Supply chain planning is the key to coming out on top. Optimising your supply chain processes will give your business the best chance at thriving in a competitive landscape. In this supply chain planning guide: What is supply chain planning? And it all starts here.

Supply Chain Planning Software 52

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

ivalua

NOVEMBER 25, 2020

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.

Optimal Sourcing 130

Optimal Sourcing Procurement Gartner Agile and Lean Supply Chain 130

Precoro

DECEMBER 11, 2023

Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation. To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Target cost.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

6 River Systems

JUNE 29, 2020

The COVID-19 pandemic caused unprecedented global supply chain disruptions, impacting the flow of parts and finished goods around the world. The disruption caused by COVID-19 is unique in that it impacted supply chains across all industries.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

DynaSys

JANUARY 20, 2021

A Three Part Article Series from QAD DynaSys – Greatest challenges to your supply chain. Read Part One 10 COVID-19 Lessons for the Resilient Supply Chain if you missed it. . Robert Drew presents you with 6 Takeaways for Future Supply Chain crisis to overcome challenges of your Supply Chain.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Optimization 98

QAD

FEBRUARY 7, 2023

Supplier relationship management falls under the larger supply chain management function your business requires to operate. This requires establishing KPIs and specific metrics of success to assess performance against.

Price Reduction 98

Price Reduction Material Savings Vendor Strategies Inventory Reduction 98

Precoro

NOVEMBER 13, 2023

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes. Market shifts are among the main reasons for unfavorable price variance.

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

Supply Chain Matters

MARCH 12, 2024

The Supply Chain Matters blog provides a further update on the ongoing production quality, corporate reputational and cultural challenges that collectively surround commercial aircraft producer Boeing. Ongoing supply chain disruptions related to late arrivals add to the pressures for maintaining a monthly output cadence.

Quality 52

Quality Alaska Manufacturing Procurement Supply Chain Design Software 52

Unleashed

NOVEMBER 2, 2023

This is an important task, as unforeseen disruptions may force a complete rescheduling of certain processes. It is the process of determining future demand for products, how those products will be manufactured to meet that demand, and the manufacturing metrics that will measure success.

Manufacturing Procurement 52

Manufacturing Procurement Examples Sourcing Strategies Supply Chain Planning Software 52

Exiger Perspectives

APRIL 3, 2023

Why a Supply Chain Risk Management Framework is Needed A supply chain risk management framework is critical for risk identification and effective management of the inherent and imposed risks in today’s business environment. In this article, we will review why a supply chain risk management framework is needed.

Supply Chain Risk Management 52

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Planning Software 52

SYSPRO Smarter ERP

NOVEMBER 22, 2021

Approach: In this phase you will need to start developing the project plan, document the internal and external participants, resources required and understand the objectives. In a 2020 SYSPRO survey it showed that 60% of manufacturing and distribution businesses were impacted by supply chain disruptions during the pandemic.

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Planning Software Analytics Software Vendor Strategies 111

Elementum

MAY 1, 2018

Supply chain disruptions are inevitable, whether resulting from natural disasters, technical failures, worker strikes, or other unforeseen incidents. What can supply chain managers do to ensure that action is taken quickly and efficiently when disruption strikes? Identify Risks in Your Supply Chain.

Pharmaceutical 94

Pharmaceutical Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software 94

Precoro

FEBRUARY 12, 2024

Objectives of liquidity management are to ensure that the business has cash on hand to fulfill its financial obligations and weather the storm during both anticipated and unexpected events, like supply chain disruption or abrupt drop in sales, without enduring significant losses. How do companies assess liquidity?

Optimal Sourcing 102

Optimal Sourcing Expense Reduction Inventory Reduction Negotiating Skills 102

Kanban Logistics

OCTOBER 31, 2023

Software: 3PL providers invest in the latest warehousing and logistics technology so you don’t have to. Additionally, 3PL providers have experience in dealing with a variety of supply chain disruptions, such as natural disasters and labor disputes. Each metric must also have a goal which denotes success (e.g.,

Warehousing 52

Warehousing 3PL Supply and Demand Logistics Network Optimization Software 52

Talking Logistics

JANUARY 5, 2014

If you’re a supply chain or logistics executive and you’re looking for ways to improve as a leader this year, here are my five recommendations: 1. Supply chain management is risky business — and the risks are growing every day. whenever you’re discussing supply chain strategy or decisions. more often.

Logistics Network Optimization Software 178

Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy Cost Reduction Strategies 178

QAD

JUNE 22, 2023

Supply chains are in a constant state of disruption and companies must be prepared to pivot between diverse suppliers at any given time. They also have large manufacturing bases with multiple facilities, each of which may be using different technologies and moving toward digital transformation at varying rates.

Quality 92

Quality Groups Supply Chain Planning Software Optimal Sourcing 92

Precoro

SEPTEMBER 4, 2023

The cash conversion cycle (CCC), also called the net operating cycle, is a metric used to measure the efficiency of a company's cash management and liquidity. The cash conversion cycle is a significant financial metric for retailers and manufacturing companies involved in buying and managing inventories and selling them to customers.

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Material Savings 59

Elementum

MAY 1, 2018

Supply chain disruptions are inevitable, whether resulting from natural disasters, technical failures, worker strikes, or other unforeseen incidents. What can supply chain managers do to ensure that action is taken quickly and efficiently when disruption strikes? Identify Risks in Your Supply Chain.

Pharmaceutical 60

Pharmaceutical Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software 60

Talking Logistics

JANUARY 4, 2016

We’ve made our predictions , but it’s the unexpected that makes supply chain management so exciting and demanding. Did you come up with any New Year’s resolutions to improve as a supply chain and logistics leader this year? Supply chain management is risky business — and the risks are growing every day.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy Supply Chain 100

Talking Logistics

JUNE 10, 2015

Over the past two years, I’ve written extensively about the growing importance of supply chain risk management and supply chain mapping. See for example: Rethinking Supply Chain Risk Management. Doing Nothing on Supply Chain Risk Management. Do You Have a “Top 25″ Supply Chain?

Supply Chain Risk Management 100

Supply Chain Risk Management Risk Management Supply Chain Software Supply Chain Strategy 100

Kinaxis

NOVEMBER 24, 2016

by Trevor Miles The Result is Faster and More Effective End-to-End Supply Chain Management. In my first two blogs on this topic, I explained how supply chain management is a collective activity. But today’s environment of modular, functional supply chain planning is failing to provide that view.

Supply and Demand 100

Supply and Demand Supply Chain Planning Software Modeling Supply Chain Design Software 100

Kinaxis

SEPTEMBER 6, 2016

by Dr. Madhav Durbha Supply chain risks in the spotlight: Effects of Hanjin Shipping filing bankruptcy protection. Linear supply chains as we know them are turning into supply networks with more players and parties than ever before. Of course, this will be no guarantee that you will eliminate risk.

Supply Chain Planning Software 100

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Shipping 100

ShipBob

NOVEMBER 15, 2021

By taking the time to plan your supply chain , think through the details of logistical processes, evaluate resources, and budget your costs, you make more of the “unknown” quantities in your logistics known — and with fewer unknowns, you can both optimize your business operations and strengthen them against future crises.

Supply Chain Planning Software 98

Supply Chain Planning Software Logistics Network Optimization Software Material Savings Negotiating Skills 98

HICX Solutions

AUGUST 17, 2023

At the center of this paradigm is Supplier Performance Management (SPM) – a critical component of comprehensive supply chain management that has demonstrated that it is crucial in driving business success in the modern global economy. It can prove challenging to put measures in place to counteract disruptions and reduce risk exposure.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Resource Reduction Inventory Reduction 52

Kinaxis

FEBRUARY 22, 2018

Food for thought: Time for a different kind of supply chain. As with any industry, food and beverage faces its own unique set of supply chain challenges, including: Expiring ingredients, manufactured product and packaged goods. Changing customer preferences and the need to continually “stock” the shelf.

Vendor Strategies 150

Vendor Strategies Inventory Reduction Beverage Modeling 150

HICX Solutions

SEPTEMBER 30, 2022

The Procurement and Supply Chain industries have gone through many changes in the last couple of years, due to both external and internal factors, such as the COVID-19 pandemic, supply chain disruptions, adoption of technological advancements, and so on – all in the hopes of making the functions more strategic, efficient and effective.

Survey 52

Survey Procurement Analytics Optimal Sourcing Supply Chain Software 52

6 River Systems

OCTOBER 14, 2022

Technology is such a constant force for change that we tend to look at new technological innovations as almost normal — or at least par for the course. But the fact remains that technological advances are regularly disruptive to old methods and approaches. How automation can help. Automation.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Material Savings 52

Precoro

MARCH 31, 2023

Optimizing the supply chain can play a significant role in reducing a company's adverse influence on the environment as their Scope 3 emissions are directly affected by their suppliers. Many organizations have responded by introducing policies and practices to prevent and address child labor in their supply chains.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

Unleashed

APRIL 15, 2020

To help you understand the importance of tracking this metric we’ll illustrate several ways the value of your stock can change. These changes may be due to exchange rate movements, disrupted supply chains, obsolescence, damage or spoilage. A key metric in inventory revaluation is Net Realisable Value.

Inventory Reduction 89

Inventory Reduction Inventory Purchasing Skills Manufacturing Procurement 89

Supply Chain Brain

JUNE 25, 2018

Businesses are spending millions on audits, undergoing endless testing, interviewing, document collection and system reviews, only to trip up time and again. Now add to the burden of compliance the huge costs associated with supply-chain disruptions, and long-lasting damage to brands. come to the rescue? Haddock says A.I.

Analytics Software 40

Analytics Software Supply Chain Software Just-in-Time Data 40

Unleashed

APRIL 3, 2020

To help you understand the importance of tracking this metric we’ll illustrate several ways the value of your stock can change. These changes may be due to exchange rate movements, disrupted supply chains, obsolescence, damage or spoilage. A key metric in inventory revaluation is Net Realisable Value.

Inventory Reduction 52

Inventory Reduction Inventory Purchasing Skills Cost Reduction Strategies 52