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Read more in this Guidebook on Integrating Ratings into Sustainable Public Procurement. Trading partners are cautious when it comes to transparency, whether in private or public tenders, and may be reticent to provide policy or process documents required for a thorough CSR assessment. MORE
Instead of having to deal with an ineffective point-to-point communication system like EDI and the complexity of reconciling multiple data sources with multiple permission models, Distributed Ledger Technology (DLT) provides a singular mechanism to securely integrate, harmonize, and synchronize data for all participants. Source ] Blockchain can help mitigate these losses and their associated disputes. Blockchain Omnichannel Supply Chain Transportation Management MORE
Contract analytics can provide a summary view on performance and pricing deviations, risks, statistics (expiry, renewal and pending), procurement and sales metrics. In a presentation at the EMPOWER conference held in Orlando, a large utility shared how procurement had used the decision-making algorithm embedded in the Emptoris suite of tools to guide users into the appropriate contractual mechanism. This is a key component of the sourcing initiative. MORE
This team was working on quality improvements and found that the flows crossed 117 disconnected documents in access, excel, and google analytics. These sources while functional are difficult to connect. Indirect procurement has little to do with direct material management. MORE
In much the same way, any business seeking success in the procurement management environment should address the fundamentals first. Procurement management accountability builds from having processes and quality controls that meet or surpass customer expectations. MORE
The technology has been around for a long time, but many organizations and countries still require the maintenance of original signed documents, with all of their accompanying costs and inefficiencies. For example, approval by multiple parties to a transportation arrangement is required in order to issue an authorized bill of lading. All must agree to the precise form of that document before the release of international freight and the transfer of funds. MORE
Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. Work with your broker to see if you can get priority on unloading the ship and inland transport. MORE
Paiva also emphasises the importance of being robust from a supplier but also a transportation perspective. “We We need to look at alternative sources of procurement, of production, alternative factories, alternative countries. Even the transport network is changing. MORE
This time of year, many shippers are reviewing and updating their transportation plan for the back half of the year and many will be considering issuing RFPs for new or changed capacity needs. I am often asked what shippers should consider (beyond the obvious of reducing cost) when deciding whether to go to market with a transportation RFP and what the associated best practices are. Your RFP will be much more successful with a documented carrier strategy. MORE
That is one of the most important, yet often overlooked, questions shippers should ask before implementing a Transportation Management System — specifically if they’re implementing a traditional, behind-the-firewall solution. Where to Find Supply Chain Innovation (Source: Adelante SCM). MORE
I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Such providers understand domestic transportation issues, and can plan to develop long-term solutions to complex local distribution challenges. Procurement will play a key role in monitoring supply base conditions. MORE
Challenges in Using Blockchain in E-Commerce The difficulties of blockchain depend on the source questioned. Automated payment processing will reduce instances of payment fraud, prevent documentation issues, and increase the accuracy and validity of all transactions, asserts Abhishek Raval of Express Computer. appeared first on Transportation Management Company | Cerasis. MORE
As if this wasn’t enough, transportation costs are rising and forcing companies to constantly adjust and optimize. In the meantime, companies need to make sure they have the most talented negotiators and leaders heading up their procurement and supply chain functions. MORE
Virtually every bid was sealed and almost all required vast amounts of documentation to be accepted. Here are two examples of the bid specifications: The transportation bid has hundreds of routes with detailed requirements including special needs for certain students. MORE
The supply chain can be the roadmap to follow to determine the how, the what, the why, the when and the where’s the source of the problem as the supply chain covers the entire cycle of the process from ingredient to finished product. MORE
Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. In my current project about a year ago, North America region Supply Chain Planners were having major concerns related with flawed planning resulting from incorrect or no Source of Supply (SoS) for receipt elements such as Purchase requisitions &/or Planned orders. Procurement Blog. Sourcing,Procurement,Contract & Spend Management (38). MORE
A very common challenge they face here is the lack of visibility into all supply chain costs, and most often only focus on some of the most obvious supplier- and transportation-related expenses. Transportation costs. Procurement costs. Transportation strategy. MORE
In contrast, my vision of end-to-end is a supply chain that operates seamless and bi-directionally from the customer’s customer to the supplier’s supplier crossing over the processes of sell, plan, source, make and deliver. Across from me, sits an empty chair. MORE
A very common challenge they face here is the lack of visibility into all supply chain costs, and most often only focus on some of the most obvious supplier- and transportation-related expenses. Transportation costs. Procurement costs. Transportation strategy. MORE
The goal is deeper analytics to sense and respond across make, source and deliver. GT Nexus is one of the strongest providers of transportation visibility for the global ecosystem. The traditional EDI approach inserts a day latency to open and read documents. MORE
Direct conversations through on-site engagement with different lines of business is the most direct and effective means of understanding how sourcing processes are occurring today, as well as understanding how the sourcing need evolves and is expressed to suppliers. Supplier registration processes need to be designed around sourcing engagement processes, which track the supplier life cycle. Procure to Pay Strategic Sourcing Supply chain analytics MORE
This includes healthcare, education, transportation, retail, communications, and agriculture. AI in Transportation Management. Source: ARC Advisory Group Strategic Report. The ROI of transportation management solutions (TMS) has been proven many times over. MORE
Source The process and involvement of logistics department in every organization have become an essential part to the economic development for a long time now. Green logistics has a significant role in the trade process, transport and deliver the goods. MORE
” China has established the infrastructure and labor expertise to appeal to a vast majority of industries ranging from simple manufacturing to a trusted source for high-end and high-tech products. multinationals are looking to alternative sourcing in countries such as India and Mexico. MORE
Ettl says that drawback can be addressed through the use of Hyperledger , an open-sourced collaborative effort to develop blockchain technologies across industries. One can imagine a world in which blockchain becomes an indispensable part of tracking and monitoring all types of containers, via multiple modes of transportation. It knows where it’s located, that it has all shipping documents attached in virtual form on the blockchain, and when it runs into trouble can call for help.” MORE
Supply chain involves procurement, creating orders, packing, shipping and distribution of goods, etc., Well, with so much complexity, one would certainly require a reliable and transparent source to carry such enormous data and activities. MORE
When it comes to supply chain and logistics processes — which inherently involves the exchange of data, documents, money, and other communication between hundreds or even thousands of external trading partners, the best platform is a Supply Chain Operating Network , which brings together B2B connectivity, software applications, and (in the future) social networking capabilities in a cloud environment — and GT Nexus is one of the leading Supply Chain Operating Networks in the market. MORE
These losses occur because supply chains have inherently lacked on-demand access to actionable data that enables real-time decision-making about a product’s freshness and quality and documents the freshness and safety of delivered products. MORE
Consider the following – all in one integrated solution: - full functionality SaaS TMS operational in large scale in all major global regions - a fully integrated global network of carriers across all modes - seamless integration to global trade compliance - automated customs documentation and filing; and - all of this deployed via a SaaS/Cloud solution 80+% of your global carriers and freight forwarders are already in the network. Business environment changes quickly. MORE
All activities are documented by a team recorder. It typically describes how a process should consistently be executed and documents current ‘best practices.’ MORE
As reported in USA Today : [In a sourcing practice nicknamed “China plus one”], big brands like Rip Curl send their specifications — what they want made and how much they’re willing to pay for it — to sourcing agents, who find factories that agree to fulfill them. Here are some recommendations: Identify and document the root causes of poor supply chain visibility. Define and document Supply Chain Mapping business processes. MORE
Intellectually, while I will know that year has changed, I will screw-up time, and time, again by writing 2014 on documents for many, many months. I like many other gray-haired supply chain professionals reported through a functional organization like manufacturing or transportation. MORE
Therefore, having an indisputable source of information, such as blockchain technology, may be used to develop consistency and clarity in managing supply chain SLAs. For instance, procurement and reverse logistics processes, such as reclamation of raw materials and metals from old products, may be enhanced through blockchain technology to document the origin of a product prior to manufacturing. appeared first on Transportation Management Company | Cerasis. MORE
It’s well documented that a lot of the potential savings a transportation management system (TMS) can provide is derived from optimization. Some companies believe they are not big enough, or their transportation operations are not complex enough, to require optimization. Episode Highlights Transportation Management Systems MercuryGate optimization TMS transportation management systems Vikram Balasubramanian MORE
Source: RevCascade website. I would argue, however, that managing the end-customer experience is a less challenging task if you’re operating on a common network with all trading partners (a single source of truth and visibility) than if you’re tangled within a spaghetti chart of integrations. MORE
For shippers, culture and behavior have to change to apply Lean Transportation thinking. The “Them (company leadership) versus Us (shop floor associates)” mentality also needs to change for Lean Transportation to " WE. The 8 Rights To Achieve Lean Transportation Practices. The are the 8 Rights of Lean Transportation thinking: Right Materials, Right Quantity, Right time, Right Place, Right Source, Right Price, Right Quantity, and. Transportation takes time. MORE
Document Procurement Sourcing Transportation 
EFT
MAY 1, 2020
Paiva also emphasises the importance of being robust from a supplier but also a transportation perspective. “We We need to look at alternative sources of procurement, of production, alternative factories, alternative countries. Even the transport network is changing.
Supply Chain View from the Field
AUGUST 4, 2014
Direct conversations through on-site engagement with different lines of business is the most direct and effective means of understanding how sourcing processes are occurring today, as well as understanding how the sourcing need evolves and is expressed to suppliers. Supplier registration processes need to be designed around sourcing engagement processes, which track the supplier life cycle. Procure to Pay Strategic Sourcing Supply chain analytics
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Cerasis
AUGUST 9, 2016
For shippers, culture and behavior have to change to apply Lean Transportation thinking. The “Them (company leadership) versus Us (shop floor associates)” mentality also needs to change for Lean Transportation to " WE. The 8 Rights To Achieve Lean Transportation Practices. The are the 8 Rights of Lean Transportation thinking: Right Materials, Right Quantity, Right time, Right Place, Right Source, Right Price, Right Quantity, and. Transportation takes time.
Talking Logistics
MARCH 24, 2015
This time of year, many shippers are reviewing and updating their transportation plan for the back half of the year and many will be considering issuing RFPs for new or changed capacity needs. I am often asked what shippers should consider (beyond the obvious of reducing cost) when deciding whether to go to market with a transportation RFP and what the associated best practices are. Your RFP will be much more successful with a documented carrier strategy.
AFFLINK
MAY 11, 2017
In much the same way, any business seeking success in the procurement management environment should address the fundamentals first. Procurement management accountability builds from having processes and quality controls that meet or surpass customer expectations.
Talking Logistics
MARCH 2, 2016
As reported in USA Today : [In a sourcing practice nicknamed “China plus one”], big brands like Rip Curl send their specifications — what they want made and how much they’re willing to pay for it — to sourcing agents, who find factories that agree to fulfill them. Here are some recommendations: Identify and document the root causes of poor supply chain visibility. Define and document Supply Chain Mapping business processes.
|
Cerasis
APRIL 3, 2018
Instead of having to deal with an ineffective point-to-point communication system like EDI and the complexity of reconciling multiple data sources with multiple permission models, Distributed Ledger Technology (DLT) provides a singular mechanism to securely integrate, harmonize, and synchronize data for all participants. Source ] Blockchain can help mitigate these losses and their associated disputes. Blockchain Omnichannel Supply Chain Transportation Management
Supply Chain Brain
JUNE 11, 2018
The technology has been around for a long time, but many organizations and countries still require the maintenance of original signed documents, with all of their accompanying costs and inefficiencies. For example, approval by multiple parties to a transportation arrangement is required in order to issue an authorized bill of lading. All must agree to the precise form of that document before the release of international freight and the transfer of funds.
Talking Logistics
JULY 29, 2015
That is one of the most important, yet often overlooked, questions shippers should ask before implementing a Transportation Management System — specifically if they’re implementing a traditional, behind-the-firewall solution. Where to Find Supply Chain Innovation (Source: Adelante SCM).
Talking Logistics
FEBRUARY 9, 2017
Source: RevCascade website. I would argue, however, that managing the end-customer experience is a less challenging task if you’re operating on a common network with all trading partners (a single source of truth and visibility) than if you’re tangled within a spaghetti chart of integrations.
EC Sourcing Group
OCTOBER 17, 2019
Virtually every bid was sealed and almost all required vast amounts of documentation to be accepted. Here are two examples of the bid specifications: The transportation bid has hundreds of routes with detailed requirements including special needs for certain students.
|
DynaSys
FEBRUARY 19, 2019
The supply chain can be the roadmap to follow to determine the how, the what, the why, the when and the where’s the source of the problem as the supply chain covers the entire cycle of the process from ingredient to finished product.
Talking Logistics
AUGUST 19, 2015
When it comes to supply chain and logistics processes — which inherently involves the exchange of data, documents, money, and other communication between hundreds or even thousands of external trading partners, the best platform is a Supply Chain Operating Network , which brings together B2B connectivity, software applications, and (in the future) social networking capabilities in a cloud environment — and GT Nexus is one of the leading Supply Chain Operating Networks in the market.
NC State SCRC
NOVEMBER 5, 2016
Contract analytics can provide a summary view on performance and pricing deviations, risks, statistics (expiry, renewal and pending), procurement and sales metrics. In a presentation at the EMPOWER conference held in Orlando, a large utility shared how procurement had used the decision-making algorithm embedded in the Emptoris suite of tools to guide users into the appropriate contractual mechanism. This is a key component of the sourcing initiative.
Logistics Bureau
JANUARY 9, 2020
This includes healthcare, education, transportation, retail, communications, and agriculture. AI in Transportation Management. Source: ARC Advisory Group Strategic Report. The ROI of transportation management solutions (TMS) has been proven many times over.
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Supply Chain Shaman
MARCH 12, 2019
This team was working on quality improvements and found that the flows crossed 117 disconnected documents in access, excel, and google analytics. These sources while functional are difficult to connect. Indirect procurement has little to do with direct material management.
Cerasis
AUGUST 7, 2018
Therefore, having an indisputable source of information, such as blockchain technology, may be used to develop consistency and clarity in managing supply chain SLAs. For instance, procurement and reverse logistics processes, such as reclamation of raw materials and metals from old products, may be enhanced through blockchain technology to document the origin of a product prior to manufacturing. appeared first on Transportation Management Company | Cerasis.
Abivin
MARCH 28, 2019
Source The process and involvement of logistics department in every organization have become an essential part to the economic development for a long time now. Green logistics has a significant role in the trade process, transport and deliver the goods.
Supply Chain Opz
JANUARY 22, 2016
Consider the following – all in one integrated solution: - full functionality SaaS TMS operational in large scale in all major global regions - a fully integrated global network of carriers across all modes - seamless integration to global trade compliance - automated customs documentation and filing; and - all of this deployed via a SaaS/Cloud solution 80+% of your global carriers and freight forwarders are already in the network. Business environment changes quickly.
Supply Chain View from the Field
DECEMBER 16, 2013
I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Such providers understand domestic transportation issues, and can plan to develop long-term solutions to complex local distribution challenges. Procurement will play a key role in monitoring supply base conditions.
Supply Chain Shaman
DECEMBER 30, 2014
Intellectually, while I will know that year has changed, I will screw-up time, and time, again by writing 2014 on documents for many, many months. I like many other gray-haired supply chain professionals reported through a functional organization like manufacturing or transportation.
Infosys Supply Chain Management
JULY 26, 2013
Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. In my current project about a year ago, North America region Supply Chain Planners were having major concerns related with flawed planning resulting from incorrect or no Source of Supply (SoS) for receipt elements such as Purchase requisitions &/or Planned orders. Procurement Blog. Sourcing,Procurement,Contract & Spend Management (38).
Supply Chain Shaman
DECEMBER 4, 2019
In contrast, my vision of end-to-end is a supply chain that operates seamless and bi-directionally from the customer’s customer to the supplier’s supplier crossing over the processes of sell, plan, source, make and deliver. Across from me, sits an empty chair.
20Cube Logistics
JULY 9, 2019
Supply chain involves procurement, creating orders, packing, shipping and distribution of goods, etc., Well, with so much complexity, one would certainly require a reliable and transparent source to carry such enormous data and activities.
Supply Chain Network
APRIL 3, 2012
These losses occur because supply chains have inherently lacked on-demand access to actionable data that enables real-time decision-making about a product’s freshness and quality and documents the freshness and safety of delivered products.
EcoVadis
JUNE 13, 2019
Read more in this Guidebook on Integrating Ratings into Sustainable Public Procurement. Trading partners are cautious when it comes to transparency, whether in private or public tenders, and may be reticent to provide policy or process documents required for a thorough CSR assessment.
6 River Systems
JULY 25, 2019
As if this wasn’t enough, transportation costs are rising and forcing companies to constantly adjust and optimize. In the meantime, companies need to make sure they have the most talented negotiators and leaders heading up their procurement and supply chain functions.
Talking Logistics
SEPTEMBER 21, 2015
It’s well documented that a lot of the potential savings a transportation management system (TMS) can provide is derived from optimization. Some companies believe they are not big enough, or their transportation operations are not complex enough, to require optimization. Episode Highlights Transportation Management Systems MercuryGate optimization TMS transportation management systems Vikram Balasubramanian
ThroughPut
MAY 5, 2020
A very common challenge they face here is the lack of visibility into all supply chain costs, and most often only focus on some of the most obvious supplier- and transportation-related expenses. Transportation costs. Procurement costs. Transportation strategy.
ThroughPut
MAY 5, 2020
A very common challenge they face here is the lack of visibility into all supply chain costs, and most often only focus on some of the most obvious supplier- and transportation-related expenses. Transportation costs. Procurement costs. Transportation strategy.
Cerasis
MARCH 23, 2016
All activities are documented by a team recorder. It typically describes how a process should consistently be executed and documents current ‘best practices.’
Cerasis
OCTOBER 19, 2018
Challenges in Using Blockchain in E-Commerce The difficulties of blockchain depend on the source questioned. Automated payment processing will reduce instances of payment fraud, prevent documentation issues, and increase the accuracy and validity of all transactions, asserts Abhishek Raval of Express Computer. appeared first on Transportation Management Company | Cerasis.
Supply Chain Shaman
AUGUST 16, 2015
The goal is deeper analytics to sense and respond across make, source and deliver. GT Nexus is one of the strongest providers of transportation visibility for the global ecosystem. The traditional EDI approach inserts a day latency to open and read documents.
Supply Chain Opz
NOVEMBER 9, 2014
Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. Work with your broker to see if you can get priority on unloading the ship and inland transport.
BluJay Solutions
AUGUST 19, 2019
” China has established the infrastructure and labor expertise to appeal to a vast majority of industries ranging from simple manufacturing to a trusted source for high-end and high-tech products. multinationals are looking to alternative sourcing in countries such as India and Mexico.
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