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5 Procurement Management Tips for the New Kid on the Block?

AFFLINK

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.

28 supply chain professionals share the biggest challenges of supply chain management

6 River Systems

Our supply chain involves a contract manufacturer, a third-party testing facility, warehouses to store inventory and a freighting company. In the meantime, companies need to make sure they have the most talented negotiators and leaders heading up their procurement and supply chain functions.

Blockchain: The Technology Reshaping SCM!

Supply Chain Game Changer

especially procurement and logistics?—?in For this reason, blockchain technology has been viewed as the perfect match for business application within procurement and logistics. Source: Accenture. Source: Accenture. Blockchain in Procurement. Source: Deloitte.

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25 supply chain experts reveal the best tactics to optimize a supply chain

6 River Systems

From raw materials sourcing to warehouse operations , logistics technology , order fulfillment and beyond, there are dozens of points throughout the supply chain, all of which contribute to overall supply chain efficiency. Warehousing. Warehouse Operations

The Effects of a Recall Can Be Minimized With a Connected Supply Chain

DynaSys

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.

QAD Supplier Portal: An Introduction

QAD

Manufacturers are realizing the benefits of tightening relationships with suppliers to better manage the procurement of goods and lower supply costs. Mismanaged documents and processing errors leading to slow cycle times. Increase order fill rates and procurement team productivity.

Visibility: If Only I Could See

Supply Chain Shaman

Examples include Enterprise Resource Planning (ERP), Warehouse Management (WMS_ or Advanced Planning (APS). This team was working on quality improvements and found that the flows crossed 117 disconnected documents in access, excel, and google analytics. My phone rang.

Green Logistics: How to deliver efficiently while minimizing carbon footprint

Abivin

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. Still, to the large extent, transport sector depends on non-renewable fuel sources along with the gases that emit carbon dioxide.

8 key benefits of effective supply chain management

6 River Systems

Data-driven SCM provides visibility from end to end for monitoring the flow of information, services and goods from procurement to manufacturing and delivery to the end consumer. Warehouse fulfillment costs contribute significantly to overhead. Warehouse Operations

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

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. It is safe to say that if a warehouse operation is not implementing Lean, it is falling behind its competition.

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Blockchain in freight forwarding – Is it the next big thing?

20Cube Logistics

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.

Experts Unfold Top Supply Chain Technology to Watch

Supply Chain Opz

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.

50 expert tips on supply chain optimization

6 River Systems

Supply chain optimization, however, is complex, encompassing everything from warehouse operational performance to logistics planning and more. ” — Why Communication is Key to Your Supply Chain Success , Oxford College of Procurement and Supply; Twitter: @Procure_Supply.

Data integrity is a real problem in the operating room

NC State SCRC

The operating room (OR) is also the primary source of revenue for hospitals, as 80% of all revenues taken in occur through OR activities. This one has about 450 beds, with its own warehouse that stocks items at a separate location. We have had to learn how to do this ourselves, as there was no IT support, no documentation on how to fix it, and no information on how to convert data from one system to another.”

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Reverse Supply Chains: Best Practices for Better Asset Recovery

Cerasis

However, technology can be used to turn what seemed as losses into standby sources of revenue. Such tools, like the Cerasis Reverse Logistics product , which is newly released, allow an employee to procure and dispose of surplus product from more than one location.

Job opening: Associate Director European Distribution at Astellas

Supply Chain Movement

Alternatively they are sourced from contract manufacturers or Astellas sites outside EMEA. In this position you will co-develop, document and implement the supply chain strategy in relation to the transport and distribution process of the European products. Knowledge of best practices in warehousing and transport for pharmaceutical distribution in Europe and worldwide. Experience in procurement.

Drop Shipping: A Perfect Fit for Supply Chain Operating Networks

Talking Logistics

Instead, merchandise ships directly from the supplier’s warehouse.”. Source: RevCascade website.

SAP to Expand Cloud Presence with Acquisition of Ariba

Supply Chain Network

The acquisition will also significantly boost SAP’s cloud applications portfolio with the addition of Ariba’s leading cloud-based procurement solutions. Industry experts estimate the cloud-based enterprise network and procurement segment at a current size of $5 billion in revenue. Emerging Trends Information Technology News & Info Procurement Professional Communications Spend Management Supply Chain Management SAP AG (NYSE: SAP) and Ariba, Inc.

How to Sustain a Lean Culture in Manufacturing & Supply Chain

Cerasis

All activities are documented by a team recorder. It typically describes how a process should consistently be executed and documents current ‘best practices.’ LEAN, Supply Chain Optimization, Logistics, Warehouse and Cost Reduction Consultant.

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Supply Chain Management – the SME perspective

Claritum

Claritum Article - Procurement Blog. The level of understanding of procurement automation within a company influences significantly the adoption. There are many benefits for SMEs adopting Procurement automation. Better use of scarce resources to procure goods and services.

3 Things you Need to Know about Your Supply Chain (Plus an Extra One)

Logistics Bureau

They found 30% of their orders leave the warehouse with a negative margin. That’s just taking sales, minus cost and warehouse handling costs. In terms of the cost side of the equation, procurement and inventory management are big ticket items.

Seasoned Leadership in Action™! An Interview with Michael Massetti, VP at Gartner!

Supply Chain Game Changer

The biggest career transformation for me was after leaving Dell when I joined Lucent in 2002 and entered supply chain in technology sourcing. We restructured all of the documents and created one of the first service-oriented websites so all of the information was available on line.

Lean Transportation: Are you Using Lean Thinking for Transportation Management? If not, Why?

Cerasis

The are the 8 Rights of Lean Transportation thinking: Right Materials, Right Quantity, Right time, Right Place, Right Source, Right Price, Right Quantity, and. The need to transport parts also drives inventory up, creates a need for space to store those parts, and uses energy for more forklift time and warehouse heating. Any detected waste needs to be documented and followed by problem-solving.

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7 Mini Case Studies: Successful Supply Chain Cost Reduction and Management

Logistics Bureau

The company was replenishing dealers’ inventory weekly, using direct shipment and cross-docking operations from source warehouses located near Deere & Company’s manufacturing facilities. Procurement analysis.

Handfield’s Supply Chain Analytics Predictions for 2014

Supply Chain View from the Field

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. Globalization linked with increasing labor costs in countries such as China, as well as fuel costs and regulatory shifts, are driving a dramatic impact on where companies source, where they produce, and the complexity of processes required to sell to the customer.

5 Pillars of Effective Supplier Management

Claritum

Claritum Article - Procurement Blog. Is there a need to link into their systems relating to inventory/Warehousing or catalogues for example? Typically, on Indirect Spend, suppliers can be engaged by users; how should these suppliers be viewed and handled by Procurement and other users?

So You’re The New Guy – Advice For A New Planner

Arkieva

Formal documents will get you started but the real ins and outs will most likely be shared with you on an informal basis. You must speak the language of the finance department when discussing inventory levels but at the same time, you can talk to the warehouse manager when discussing the same topic from a different angle. Below you will find some questions to ask those you meet: Do we have sole source suppliers? Do we have single source suppliers? Planning is an art.

Why Is It So Hard to Find Good Help These Days?

Material Handling & Logistics

WILL: Drone development over the past several years has resulted in a variety of applications and more recently use in the inventory and tracking of items in warehouses. The current limitation with drone technology use in warehousing is it’s only a two-dimensional scanner.

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Like A Green Lump of Clay….

Supply Chain Shaman

In the supply chain, variability and volatility come from many sources. The best way to start the design of an agile supply chain is to look at the sources of variability and market volatility that your supply chain encountered in the prior year. Alternate Bill of Materials and Alternate Sourcing: The more alternatives that exist through the manufacturing and procurement processes, the easier it is to design the supply chain to absorb cost and supplier variability.

Intelleflex Announces Cellular, GPS-equipped RFID Reader & Cloud-based ZEST™ Data Services Platform

Supply Chain Network

Intelleflex ZEST™ Data Services, a cloud-based repository for aggregating, warehousing and sharing information across the supply chain, facilitates on-demand access to actionable data for improved supply chain operations to provide a complete picture of data spanning the entire supply chain.

Supply Chain Management:Mapping Your Way To Faster Shopping

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Sky would be the limit when one starts documenting the concept of such a solution/product. They would have to monitor the numbers so closely - for how many are on the shelf at the start of the day, how many are sold and how many (exactly) are taken from the warehouse and put onto the shelf. Procurement Blog. About Us. Contact Us.

Impact of SMAC on Enterprise Software Applications - Infosys Blogs

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. There have been certain functions which need to be mobile enabled, mainly the field services like warehouse stock taking, utilities maintenance, customer order capture etc. Procurement Blog. Sourcing,Procurement,Contract & Spend Management (38). About Us. Contact Us. Newsroom Investors Careers. Infosys Labs. Industries.

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This Week in Logistics News (April 17-21, 2017)

Talking Logistics

Now, moving on to this week’s supply chain and logistics news… Amazon won a patent for an on-demand clothing manufacturing warehouse (Recode). Oracle Warehouse Management Cloud Update Helps Businesses Scale Logistics to Meet Multi-Channel Demand. Source: Amazon patent.